Pakistan

The Pakistani Prime Minister's Office announced that the Pakistan signed an agreement on Monday with the Saudi Fund for Development, delaying by one year the payment of $1.2 billion on oil imports. The state-run Pakistani television broadcast the signing ceremony in real time before a delegation of the fund, led by its CEO Sultan Bin Abdul Rehman Al Marshad, visited Prime Minister Shehbaz Shariff. The office issued a press release in which Sharif expressed his appreciation for the signing of the Oil Import Financing Facility. The office said that Pakistan would receive oil with a one-year deferred payment. The Prime...

Telecoms group VEON is considering a going public (IPO) for its Ukrainian unit Kyivstar in the U.S. as early as next year, CEO Kaan Terzioglu said on Thursday. We have not made those decisions yet, however we are dedicated to looking into IPOs of our local properties. And clearly, Kyivstar is one of those properties which might be in the line of this procedure, Terzioglu told Reuters in an interview. Ought to the IPO go through, Kyivstar would become the first Ukrainian business to be listed in the United States. VEON has actually not had any conversations with Ukrainian officials...

2 Chinese nationals were shot at and injured on Tuesday in Pakistan's business hub of Karachi, authorities and healthcare facility officials stated, after a string of attacks that spurred Beijing to require tougher security for its residents. Faizan Ali, a senior superintendent of authorities, stated 2 Chinese nationals had been shot, however gave no further information. A representative for Liaquat National Medical facility in the southern port city stated it was dealing with the two, one of whom was in severe condition. It was not right away clear who was responsible or if militant violence lagged the attack, one of...

Pakistan's Finance Minister Muhammad Aurangzeb on Thursday showed up in Beijing to open talks on power sector structural reforms recommended by the International Monetary Fund (IMF), two government sources stated. He held a conference with his Chinese equivalent in Beijing, they stated, and added that the finance minister together with Power Minister Awais Leghari is leading a delegation, which will use up several proposals with the Chinese side, consisting of reprofiling of almost $15 billion energy sector financial obligation. The nations, which share a border, have been longtime allies. Rollovers or dispensations on loans from China have actually assisted Pakistan...

Pakistan this month will ask Chinese power plants running in the country to move to utilizing coal from Pakistan's Thar area rather than imported coal, the power minister said on Sunday. Islamabad might also start talks on re-profiling Pakistan's. energy sector financial obligation during the see to Beijing, Awais Leghari,. head of the energy ministry's Power Department, informed . Leghari will become part of the delegation to discuss structural. reforms to the power sector recommended by the International. Monetary Fund (IMF), which recently settled on a $7 billion. bailout for the greatly indebted South Asian country. Neighbouring China has set...

Pakistan this month will ask Chinese power plants operating in the country to move to utilizing coal from Pakistan's Thar area rather than imported coal, the power minister stated on Sunday. Islamabad might also start talks on re-profiling Pakistan's. energy sector debt during the visit to Beijing, Awais Leghari,. head of the energy ministry's Power Department, told . Leghari will be part of the delegation to go over structural. reforms to the power sector suggested by the International. Monetary Fund (IMF), which recently agreed on a $7 billion. bailout for the greatly indebted South Asian nation. Neighbouring China has actually...

Frank Duckworth, the pioneering statistician who cocreated the Duckworth Lewis approach embraced in cricket to revise targets in restricted overs video games truncated due to rain, died recently at the age of 84, the Royal Statistical Society (RSS) stated on Tuesday. Duckworth and Tony Lewis produced the well-known technique which was adopted by the International Cricket Council in 1999. It was commonly used in one-day internationals and later on in T20 matches. Fellows will be unfortunate to discover that Frank Duckworth passed away on 21 June 2024, at the age of 84, the RSS stated in a declaration. Frank will...

Pakistan is not likely to purchase melted gas (LNG) cargoes on the spot market until at least the start of winter in November due to oversupply and high rates, its petroleum minister informed . Extreme temperature levels across Asia have pushed nations to look for more freights of LNG to resolve greater power need, driving spot prices to their greatest since mid-December. Asia spot LNG last traded at $12.00 per million British thermal units (mmBtu). on Friday. However, LNG need in the second largest south Asian LNG. purchaser was subordinate to supplies, the minister told ,. despite heatwaves baking the...

The pitches utilized in the T20 World Cup matches played in New york city have not depended on standard and ground personnel are dealing with correcting them for the rest of the competition, the International Cricket Council (ICC) stated on Thursday. The momentary Nassau County International Cricket Stadium has actually hosted 2 games so far, both of which were low-scoring encounters due to the nature of the drop-in pitch which has actually made batting very hard due to the movement and bounce. Fans expecting a run-fest were left dissatisfied when Sri Lanka were bowled out for 77-- their least expensive...

Iranian President Ebrahim Raisi, a. hardliner long viewed as a possible follower to Supreme Leader. Ayatollah Ali Khamenei, was killed in a helicopter crash in. mountainous surface near the Azerbaijan border, authorities and. state media said on Monday. The helicopter was likewise bring Foreign Minister Hossein. Amirabdollahian and 6 other guests and team, all of whom. died. Here are reactions to the news: SAUDI ARABIA'S KING SALMAN BIN ABDULAZIZ AND CROWN PRINCE. MOHAMMED BIN SALMAN: They used acknowledgements to the acting head of the executive. authority, Mohammad Mokhber, on the death of Ibrahim Raisi,. president of the Islamic Republic of...

Iranian President Ebrahim Raisi, a. hardliner long seen as a possible successor to Supreme Leader. Ayatollah Ali Khamenei, was killed in a helicopter crash in. mountainous surface near the Azerbaijan border, officials and. state media stated on Monday. The helicopter was likewise carrying Foreign Minister Hossein. Amirabdollahian and 6 other travelers and crew, all of whom. perished. Here are responses to the news: SAUDI ARABIA'S KING SALMAN BIN ABDULAZIZ AND CROWN PRINCE. MOHAMMED BIN SALMAN They used acknowledgements to the acting head of the executive. authority, Mohammad Mokhber, on the death of Ibrahim Raisi,. president of the Islamic Republic of...

Iranian President Ebrahim Raisi, a. hardliner long seen as a possible follower to Supreme Leader. Ayatollah Ali Khamenei, was killed in a helicopter crash in. mountainous terrain near the Azerbaijan border, officials and. state media said on Monday. The helicopter was also carrying Foreign Minister Hossein. Amirabdollahian and six other passengers and crew, all of whom. died. Here are responses to the news: SAUDI ARABIA'S KING SALMAN BIN ABDULAZIZ AND CROWN PRINCE. MOHAMMED BIN SALMAN They offered condolences to the acting head of the executive. authority, Mohammad Mokhber, on the death of Ibrahim Raisi,. president of the Islamic Republic of...

Workers in some of the world's. biggest garment manufacturing centers in Bangladesh, Vietnam, and. Pakistan are significantly exposed to severe heat as climate. change pushes temperature levels up, a report discovered on Sunday, a. problem international retailers and brand names will have to assist. address. Brand-new European Union policies make merchants offering in the. bloc, like Inditex, H&M and Nike, legally liable for conditions. at their providers, putting pressure on them to assist fund. enhancements to cool factories they source from. In Dhaka, Hanoi, Ho Chi Minh City, Phnom Penh and Karachi,. the number of days with wet-bulb temperatures -...

Nearly 2 million Muslims will reach the end of the haj pilgrimage this week, however severe heat has shown fatal for hundreds who began the journey last Friday to the Kaaba at the Grand Mosque in Mecca in Saudi Arabia. A minimum of 562 individuals have actually passed away during the haj, according to a. tally based upon foreign ministry declarations and sources. Egypt alone has actually signed up 307 deaths and another 118. missing, medical and security sources told , as. temperatures sometimes skyrocketed past 51 degrees Celsius (124. Fahrenheit). It was so harsh and the people can not...

Authorities in Pakistan battled forest fires in numerous areas, including the capital Islamabad, on Friday as the nation come to grips with heat waves and dry weather condition. Officials are yet to validate if the fires belong to the heats or due to arson. Parts of Pakistan have actually seen temperatures as high as 52.2 degrees centigrade (126 F) over the last week with South Asia sweltering in a hotter summer this year - a pattern scientists say has been intensified by human-driven environment change. Plumes of smoke might be seen increasing from a raving fire in the hills of...

A minimum of 15 individuals have passed away of presumed heatstroke in India's eastern states of Bihar and Odisha on Thursday, authorities said, with the area gripped in a debilitating heatwave anticipated to continue up until Saturday. India has actually been experiencing a blisteringly hot summer and a. part of capital Delhi recorded the country's greatest ever. temperature level at 52.9 degrees Celsius (127.22 ° F) this week, though. that might be modified with the weather condition department inspecting the. sensing units of the weather station that registered the reading. While temperatures in northwestern and main India are. anticipated to...

Delhi tape-recorded an alltime high temperature of 52.9 degrees Celsius (127.22 Fahrenheit) on Wednesday as severe heat conditions grasped the north and western parts of India, triggering students to faint in schools and drinking water taps to dry up. A heat wave alert has actually remained in place for large parts of India given that recently but on Wednesday the temperature level in Mungeshpur, a largely packed corner of Delhi, crossed the 50 C mark, the weather workplace said. The Indian capital has actually had temperature levels of over 45 C in previous years however never gone as high as...

A minimum of 7 individuals have passed away in India's southern state of Kerala after much heavier than typical premonsoon rains, authorities stated, even as much of South Asia came to grips with a heatwave. Pre-monsoon rains were 18% above regular in Kerala this year, causing flooding in parts and interfering with flights at the Kozhikode airport, officials stated. According to the state's Disaster Management Authority ( KSDMA), a 70-year-old man passed away in a lightning strike in Kasaragod district on Wednesday, while siblings aged 18 and 21 died after falling under a quarry filled with water in Palakkad on...