Iran issues final notice, warns of legal action over delayed IP Gas Pipeline D_Trends

Iran issues final notice, warns of legal action over delayed IP Gas Pipeline D_Trends

Iran has issued a final notice to Pakistan, warning that it will take legal action in the Paris Arbitration Court if Islamabad fails to construct its portion of the Iran-Pakistan (IP) gas pipeline by the extended deadline of September 2024.  The IP gas project has faced a decade-long delay due to concerns over potential U.S. … Read more

Pakistan seeks $4bn loans from two Middle Eastern banks as IMF approval delayed D_Trends

Pakistan seeks bn loans from two Middle Eastern banks as IMF approval delayed D_Trends

Pakistan is negotiating with Middle Eastern banks to secure approximately $4 billion in loans necessary to meet its external financial requirements for FY 2024-25. This effort is part of a broader $7 billion Extended Fund Facility (EFF) awaiting approval from the International Monetary Fund (IMF). According to media reports, Finance Minister Muhammad Aurangzeb, along with … Read more

Toss delayed due to wet outfield in Rawalpindi D Trends

Toss delayed due to wet outfield in Rawalpindi D Trends

Officials inspect Rawalpindi Cricket Stadium’s field ahead of first Test between Pakistan and Bangladesh in Rawalpindi on August 21, 2024. — Facebook/ Pakistan Cricket Team Umpires from South Africa will inspect ground again at 1pm. Second Test match will also be played in Rawalpindi. Both teams have so far locked horns in 13 Test matches. The … Read more