Pakistan State Oil, Oil and Gas Development Co., Pakistan Petroleum Ltd., and Government Holdings Private Ltd. signed three MoUs to raise the required local equity, while the EPC agreement was inked with China National Offshore Oil Corp. and Pakistan’s Monarch International, Arab News report
The number of Bangladeshi Hajj pilgrims who died in Saudi Arabia this year has reached 117 till July 27, according to the Ministry of Religious Affairs of Bangladesh. Among the deceased, 91 were men and 26 were women.
Jordan Henderson who has spent 12 years at Liverpool football club is set to depart and will be joining Saudi Arabian club Al Ettifaq for a reported 13 million pound fee.
Turkish President Recep Tayyip Erdogan, shortly after clinching another five-year term in the recent elections, last week embarked on an effort to save Turkey’s faltering economy, by making a tour of Saudi Arabia, Qatar and the UAE, seeking investments and financial support from the
The government is thinking of bringing in specialists to draw a time-bound restructuring plan through shadow management in light of the total accumulated losses, which have exceeded PKR 600 billion.
According to official information made accessible to The News, Pakistan must pay back the Kingdom of Saudi Arabia USD 195 million for the current month. According to The News International, Pakistan is required to repay China around USD 363 million in guaranteed bilateral loans, including
Pakistan's foreign affairs ministry in the statistics presented in the lower house of parliament said that around 6,200 Pakistani citizens are incarcerated in the prisons in the United Arab Emirates and Saudi Arabia.
Nawaz Sharif, the former prime minister and PML-N leader, will travel from Saudi Arabia to London, while Maryam Nawaz will return to Pakistan in a few days, according to Muhammad Zubair, a spokesman for the Sharif family.
Portuguese star striker Cristiano Ronaldo has affirmed that his time in Europe has ended as he believes the quality of football and the level of play in Europe has dropped over the years.
Cristiano Ronaldo reportedly called his 28-year-old compatriot Otavio to try and convince him to join him at Al-Nassr, but on the sidelines of Al-Nassr's friendly match against Farense on Friday, Ronaldo rubbished the claims.