Home / 2018 / October / 17

Daily Archives: October 17, 2018

DR Congo signs $14 bn dam development deal with China, Spain


October 17, 2018

KINSHASA: The Democratic Republic of Congo on Tuesday announced a deal with Chinese and Spanish partners for the development of a much-delayed $14 billion hydroelectric project. The Inga 3 project is part of a major programme to expand hydroelectric dams along the Congo River. It has been on the drawing board for around 30 years but has been repeatedly delayed. …

Read More »

Japan urged to tap new investment opportunities in Pakistan


October 17, 2018

Nagoya: Pakistan’s ambassador in Tokyo Dr. Asad M. Khan has said that there are tremendous business opportunities for Japanese stakeholders in Pakistan and Japan was best qualified to tap the new opportunities available. The ambassador was speaking at the fourth of the series of seminars titled “Emerging Trade and Investment Opportunities in Pakistan’ which was held at Nagoya, Japan. It …

Read More »

Uber eyes valuation topping $100 bn in IPO: sources


October 17, 2018

NEW YORK: Uber is eyeing a valuation above $100 billion for its much-anticipated share offering due in 2019, which would be the biggest-ever in the tech sector, sources familiar with the plan said Tuesday. The sources told AFP the global ridesharing giant is considering speeding up its plans for an initial public offering (IPO) to the first half of 2019, …

Read More »

PM to approve task force to combat money laundering


October 17, 2018

ISLAMABAD: The PTI government plans to constitute a task force aimed at combating money laundering and terror financing. Geo quoted sources saying Prime Minister Imran Khan is likely to approve the establishment of the task force to stop money laundering. The government will establish offices at airports and in all provinces. The federal interior secretary is expected to head the …

Read More »

Glitzy ‘Science Oscars’ to make stars of researchers


October 17, 2018

Washington -Nine scientists were recognized Wednesday with a “Breakthrough Prize,” a $3 million Silicon Valley-funded award meant to confer Oscars-style glamour and prestige on the basic sciences. The prizes in physics, life sciences and mathematics went to six men and three women, including four researchers who shared two prizes and five who get the full reward to themselves. Vincent Lafforgue, …

Read More »

Bhasha Dam is mere in papers till now, says petroleum minister


October 17, 2018

ISLAMABAD: Federal Minister for Petroleum and Natural Resources Ghulam Sarwar Khan has said he have been listening about Bhasha Dam since 2000 but the water reservoir is mere in papers till now. Sarwar was addressing as chief guest Energy Forum 2018 here at OGDCL Auditorium. Distinguished guests from Oil & Gas sector, MD/CEOs of Exploration and Production Companies (E&P) attended …

Read More »

Pakistan launches ‘active efforts’ to ascertain whereabouts of missing Iranian guards


October 17, 2018

ISLAMABAD: The Foreign Minister of Iran Javad Zarif called Foreign Minister Shah Mahmood Qureshi Wednesday to discuss the situation arising following abduction of Iranian guards near the Pakistan-Iran border point of Mirjaveh According to ministry of foreign affairs, Qureshi expressed his serious concern on the incident. He also briefed his Iranian counterpart about the active efforts launched by the Pakistan …

Read More »

PM Imran Khan announces withdrawal of 5 percent duty on news print


October 17, 2018

ISLAMABAD: The Prime Minister Imran Khan has announced withdrawal of 5 percent duty on news print, saying that PTI government will support the media industry and solve its problems. The Prime Minister was talking to a delegation of representatives of Council of Newspapers Editors and Pakistan Broadcasters Association, who called on him in Islamabad on Wednesday. He said Pakistan Tehreek-e-Insaf …

Read More »

Indian union minister MJ Akbar steps down over #MeToo allegations


October 17, 2018

Indian union  minister MJ Akbar, who has been accused of sexual harassment by over 10 women, has resigned from his post, Indian Express reported. In a statement that was tweeted by news agency ANI, Akbar said that he was resigning since he had decided to seek justice in a court of law in a personal capacity. Akbar was accused of …

Read More »

Ethiopian women score half of cabinet representation in historic move


October 17, 2018

In a major gender shift in the Ethiopian political panorama, women have won over 50% of representation in the cabinet on Tuesday. The move of reshuffling the cabinet to give half of the representation to women came from the newly-elected Prime Minister Abiy Ahmed as an attempt to reward women for their contributions to the nation’s evolution. The premier had …

Read More »