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Articles for tag: drainage, EIB, Karachi, million, Pakistan, project, sign, statement

December 18, 2025

News Desk

Pakistan and EIB sign €60 million statement for Karachi drainage project

Finance Secretary Muhammad Humair Karim (left) and European Investment Bank (EIB) Asia Pacific Head Edvardas Bumsteinas sign a declaration on the water infrastructure framework project in Karachi. — Facebook/@EUinPakistan The agreement formalizes the financing of the water infrastructure framework. As part of the project, basic sewage treatment facilities will be built. The signing of the declaration underlines the momentum of Pakistan-EU cooperation. Pakistan and the European Investment Bank (EIB) on Wednesday signed a €60 million statement to promote a major project aimed at improving sewage and sewage management in Karachi. The statement was signed on the sidelines of the 15th

December 16, 2025

News Desk

The French court ordered PSG to pay Mbappe €60 million

The decision followed months of legal wrangling after the French striker took PSG to court Kylian Mbappe in action for Paris Saint-Germain in 2024. Photo: REUTERS PARIS: A Paris labor court on Tuesday ordered Paris Saint-Germain to pay Kylian Mbappe 60 million euros ($70.6 million) in unpaid wages and bonuses, partially ending one of French soccer’s bitterest disputes. The decision followed months of legal wrangling after the French striker took PSG to court over earnings he said were withheld for April, May and June 2024, shortly before he left the Ligue 1 club to join Real Madrid on a free

December 13, 2025

News Desk

Jim Carrey Almost Rejected ‘Grinch’ $20 Million Offer

Jim Carrey struggled with Grinch makeup Jim Carrey has revealed how close he came to walking away from one of the biggest roles of his career, almost returning a $20 million salary during filming How the Grinch Stole Christmas. As the holiday classic marks its 25th anniversary, the actor opened up a new oral history with Vulture about the extreme physical and mental toll the role took on him behind the scenes. While the 2000 film directed by Ron Howard was a huge hit, grossing $346 million worldwide and topping the domestic box office that year, Carrey says the experience

December 11, 2025

News Desk

10 million women get BISP bank accounts

Islamabad: After 16 years of neglect and being at the mercy of agents, over 10 million of Pakistan’s poorest women have become account holders for the first time and will soon start receiving monthly cash subsidies under the Benazir Income Support Program (BISP) without standing in queues. BISP beneficiaries, who were captive customers of commercial banks, did not have bank accounts until recently and received benefits through a limited liability account. Banks have been unwilling to treat poorer women on the same level as other customers, despite charging a 0.5% commission on their transactions and sometimes using their money without

December 11, 2025

News Desk

US approves sale of $686 million in technology for Pakistan’s F-16 fighter jets

Pakistan Air Force (PAF) Sherdils (Lion Heart) Group F-16 fighter jet flies during Pakistan Day celebrations, Clifton Beach, Karachi, Pakistan, March 23, 2017. — Reuters The improvements will improve cooperation between two air forces. The DSCA letter states that the sale will not change the military balance in the region. Lockheed Martin was named prime contractor for F-16 support. The United States has approved the sale of $686 million worth of advanced technology and support services for Pakistan’s fleet of F-16 fighter jets, according to a December 8 letter from the US Defense Security Cooperation Agency (DSCA) to Congress. The

December 11, 2025

News Desk

Trump launches gold card program for expedited visas with a price tag of $1 million

A representational image of a worker stamping a passport. — Reuters/File WASHINGTON: President Donald Trump’s administration officially launched the “Trump Gold Card” visa program on Wednesday to offer a path, at a steep price, for non-US citizens to get fast-track permission to live in the United States. The Trumpcard.gov website, with its “Apply Now” button, allows interested applicants to pay a $15,000 fee to the Department of Homeland Security for expedited processing. After passing a background check or vetting process, applicants must then make a “contribution” — the site also calls it a “gift” — of $1 million to receive

December 8, 2025

News Desk

Another Birkin bag sold for $2.86 million

An authentic Jane ‘Birkin’ bag on display. Photo: Reuters PARIS: The market for Hermes Birkin bags continued its spectacular rise this week, with a second bag once owned by Jane Birkin selling for $2.86 million in Abu Dhabi, just as the original 1984 prototype of the iconic design went on public display in Tokyo after selling for a record €8.6 million earlier this year. The Abu Dhabi auction, confirmed by Sotheby’s, comes just months after Japanese luxury reseller Valuence Japan bought the original Birkin at a Paris sale for around $10 million – the highest price ever paid for a

December 7, 2025

News Desk

Pakistan to Indianize 10 million houses

High-speed internet through a modern and high-tech infrastructure can not only improve the digitization of the country, but will also upgrade its global image as a reliable outsourcing country. Photo: FILE KARACHI: Pakistan, long criticized for poor public service delivery, now sees a rare opportunity to leapfrog modern governance through technology. But its fight for a digitally enabled future depends on whether it can overcome deep connectivity gaps, high infrastructure costs and sluggish fiber-to-the-home penetration as the government rolls out an ambitious National Fiberisation Plan aimed at bringing high-speed broadband to 10 million households by 2029. While the initiative promises

December 4, 2025

News Desk

The coin toss curse puts India in a million to a heads or tails

Indian captain KL Rahul and South African skipper Aiden Markram pose with the trophy before the toss. — BCCI NEW DELHI: India are on a spin after losing an almost unbelievable toss of 20 coins in a row in one-day internationals (ODIs) — at odds of over a million to one. Standing captain KL Rahul has admitted he has been plagued by bad luck leading up to the 2023 World Cup final in Ahmedabad when Rohit Sharma was in charge. “I’ve been training but it’s clearly not working,” Rahul said after missing the strike again in the second one-day international

November 23, 2025

News Desk

Kahlo’s ‘Bed of Dreams’ breaks record at $55 million

Surrealist self-portrait sells for unprecedented price, cementing its place among the most famous female artists Bed of Dreams. Photo: file A surreal self-portrait by iconic Mexican painter Frida Kahlo sold for $54.7 million, breaking the auction record for any work by a female artist. The 1940 painting, El sueno (La cama) — or “The Dream (The Bed)” — has fetched more than 1,000 times its original hammer price since 1980, after a heated dispute between two collectors at Sotheby’s in New York. The haunting work depicts Kahlo sleeping on a wooden four-poster bed, her figure draped beneath a skeleton laced

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