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Articles for tag: ahead, aide, deal, Diq, Experts, Global, PMs, price, Reko, Saudi, set, share

November 14, 2023

News Desk

Global experts set Reko Diq mine share price ahead of Saudi deal, PM’s aide says

A small toy figure and imitation gold are seen in front of the Barrick logo in this picture taken on Nov. 19, 2021. — Reuters Saudi Arabia interested in acquiring stake in Reko Diq: prime minister’s aide. The government hired a global consultant to value the shares of mine: Jahanzeb Khan. Experts set the price of a share from $0.87 to $1. ISLAMABAD: International experts have assessed the share price of the Reko Diq gold and copper mine as Pakistan looks to sell its stake to Saudi Arabia in the multibillion-dollar project, the prime minister’s aide said. “Experts have pegged

November 11, 2023

News Desk

PCB set to mull over captaincy split, new coach meeting in Lahore

The PCB logo can be seen on the board building. — PCB/file LAHORE: With Pakistan out of the 2023 World Cup, the Pakistan Cricket Board (PCB) is set to consider the options of introducing a split captaincy and hiring a new coach next week. The high-level meeting — chaired by PCB management committee Zaka Ashraf — will be held at the board’s headquarters in Lahore next week and will also be attended by former cricketers and captains who will give their insights on the dismal performance team in the tournament. The development comes as the Green Shirts’ World Cup journey

November 11, 2023

News Desk

Aamir Khan set to make a Yuvraj Singh biopic?

In a surprise twist that has left fans buzzing with excitement, Aamir Khan has reportedly secured the life rights of former Indian cricketer Yuvraj Singh, as revealed in an exclusive article Movie theater. This acquisition sets the stage for an exciting cinematic journey that will delve into the highs and lows of one of India’s cricketing legends. Singh’s life has been nothing short of a rollercoaster, marked by his magnificent cricketing achievements and a valiant battle against cancer. Khan, known for his methodical approach to filmmaking and his ability to bring gripping stories to life on the big screen, is

November 3, 2023

News Desk

Global stocks are set for their best week in a year

LONDON/SINGAPORE: Global shares were on track for their biggest weekly gain in a year on Friday as investors cheered a pause in US interest rate hikes while the dollar was on the back foot. However, trading on Friday was relatively subdued as investors awaited key US employment data later in the day. The MSCI World stock index rose 4.3 percent since Monday, which would have been its biggest weekly gain since November 2022. The index was up 0.23 percent on the day. Europe’s Stoxx 600 stock index was 0.16 percent higher on Friday and set for a weekly gain of

November 2, 2023

News Desk

No compromise on targets set under loan deal, says IMF in Pakistan

A man walks past a board with the IMF logo. — Reuters/File The IMF mission arrived in Pakistan a day earlier for talks on the second assessment. The IMF delegation commends the steps taken by Pakistan so far. Finance Minister says IMF targets will be met. ISLAMABAD: The International Monetary Fund (IMF) has made it clear to Pakistan that it must meet the targets set with the global lender under the $3 billion Stand By Agreement, sources said Geo News on Thursday. The IMF mission led by Nathan Porter had arrived in Pakistan a day earlier to lead two-week talks

November 2, 2023

News Desk

Government on fiscal tightrope as IMF talks set to begin today

The logo of the International Monetary Fund appears on a wall in this undated picture. — Reuters/File ISLAMABAD: The International Monetary Fund (IMF) is expected to discuss the deteriorating fiscal position that has been largely affected by debt servicing that consumed the federal government’s net revenue receipts in the first quarter of the current fiscal year, it said. The news on Thursday. The IMF mission is expected to arrive in Pakistan today and will stay till November 16 for the review ahead of the second tranche under the $3 billion Stand By Agreement (SBA). Despite stifling the release of funds

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