10 firms prequalify for Fesco bidding

Chinese firm disqualified over Mandarin documents, KE withdraws, citing tariff delay Under the restructuring plan for DISCOs, the government will transfer Rs911 billion worth of assets of three firms to new buyers against Rs648 billion in liabilities, giving buyers net positive equity of Rs263 billion. PHoto: File ISLAMABAD: The Privatisation Commission has qualified 10 firms…

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Maresca salutes ‘unbelievable’ Cherki

LONDON: Enzo Maresca hailed Rayan Cherki’s “unbelievable” performance in Manchester City’s 4-1 thrashing of Crystal Palace on Friday. City boss Maresca admitted Cherki was frustrated to be left out of the starting line-up for last weekend’s 2-1 win against Bournemouth in their Premier League opener. The France midfielder responded to the snub in emphatic style….

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Govt to probe termination of BIT with Sweden

ISLAMABAD: The government has formed a committee to probe the issuance of a notice of termination of the Bilateral Investment Treaty (BIT) between Pakistan and Sweden, which may deal a big blow to foreign investment. Sources in the Ministry of Commerce told The Express Tribune that the Board of Investment (BOI) took up the matter…

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Forces foil BLA plot to use two underage girls as suicide bombers in Balochistan: say Home Minister Langove

Both Zainab, Fatima express gratitude to the security forces for saving their lives Balochistan Home Minister Mir Zia Ullah Langov holds a press conference in Quetta. Photo: PTV Balochistan Home Minister Mir Ziaullah Langau said on Saturday that security forces apprehended two young girls who were being prepared as potential suicide bombers by the Baloch…

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Gold prices in Pakistan Today

KARACHI: Gold and silver prices fell sharply in global and local markets on Saturday. In the international bullion market, gold fell by $151 per ounce to $4,454. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), in the local market, the price of gold decreased by Rs15,100 per tola to Rs467,936. The price of 10…

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Spain, Germany reach FIH Men’s World Cup final

Spain shock hosts Netherlands while Germany beat Argentina to set up Sunday’s final Spain stunned co-hosts Netherlands 4-3 to blast their way into the first FIH Hockey World Cup final since 1998 while defending champions Germany beat Argentina 2-1 to book a second successive title clash on Sunday. Spain overturned a strong Dutch start in…

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WAPDA rejects reports of scrapping Diamer Bhasha Dam’s power component

Authority says Rs1.424tr project approval remains valid, with civil works set to begin by June 2027 ISLAMABAD: The Water and Power Development Authority (WAPDA) on Saturday rejected reports that the federal government had cancelled or shelved the 4,500-megawatt (MW) power generation component of the Diamer Bhasha Dam project, describing the claims as “baseless, misleading and…

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