INS Chennai Enters Jeddah Port For Operational Turnaround

Jeddah: Frontline destroyer of Indian Western Fleet INS Chennai was given a warm welcome when it arrived at Jeddah Port on Thursday for an operational turnaround visit.INS Chennai, frontline destroyer of Indian Western Fleet arrived at Jeddah Port on an operational turnaround visit. On its arrival, the Ship was given a warm welcome by Officials from Royal Saudi Naval forces, Border Guards and the

August 4, 2023
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IMF Packages, Foreign Bailouts Will Not Suffice To Keep Pak Economy Afloat: Report

Islamabad: The International Monetary Fund (IMF) authorised a USD 3 billion bailout plan for Pakistan on July 12. Apprehensions and predictions of Pakistan’s debt default flooded the first part of this year. While the IMF agreement has prevented Pakistan from going into default, at least temporarily, it has also set off a vicious cycle that has happened a few dozen times before in the nation’s

July 31, 2023
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Pakistan Inks Deals With Local, Chinese Firms For Saudi-Backed Oil Refinery

Islamabad: Pakistan’s Minister of State for Petroleum Musadik Malik said on Thursday that four Pakistani public entities signed three memorandums of understanding to raise the necessary local equity for a multibillion-dollar Saudi refinery project, as well as an engineering, procurement, and construction contract with a Chinese firm, according to Arab News.The USD 12 billion Saudi project, with a

July 28, 2023
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