Pakistan News

    Orix Leasing Sialkot News

  • PC board recommends leasing out Pakistan Steel for 30 years

    The Privatisation Commission’s board agreed Tuesday to a proposal to lease out Pakistan Steel Mills (PSM), recommending that the length of the lease agreement be 30 years...

    The recommendations have been forwarded to the Cabinet Committee on Privatisation, which will decide whether the proposal should be approved or not
  • Chinese, Iranian companies interested in leasing Pakistan Steel Mills

    ISLAMABAD: Chinese and Iranian state-owned companies are interested in taking over loss-making Pakistan Steel Mills (PSM) as part of a long-term lease deal, Privatisation Commission Chairman Mohammad Zubair said on Wednesday...

    Built by the Soviet Union in 1970s, state-owned PSM has become a huge drain on government resources and shuttered steel production in 2015
  • Planning Commission opposes LNG terminal leasing at Gwadar

    ISLAMABAD: While the Planning Commission has opposed the leasing option of an LNG terminal at Gwadar, preferring an outright purchase of the facility for Rs41 billion, the Central Development Working Party (CDWP) led by Planning and Development Minister Ahsan Iqbal has set aside the commission’s objections, giving the petroleum ministry a go-ahead for leasing the Floating Storage and Re-gasification Unit (FSRU) for 25 years at an estimated...

  • News brief: PCB issues notices to three Sialkot districts

    LAHORE: The Pakistan Cricket Board (PCB) has issued notices to the presidents of Sialkot, Gujranwala and Hafizabad districts for not playing their matches in the ongoing PCB Inter-district U-19 tournament, which started across the country on May 1...

    Meanwhile, when contacted, Sialkot region president Nauman Butt confirmed that notices had been issued by the PCB, which was the parent body...

  • Pemra seeks ARY News response to IB complaint against 'fake news'

    The Pakistan Electronic Media Regulatory Authority (Pemra) on Saturday directed ARY News to respond to a complaint filed by the Intelligence Bureau (IB) against its report on a list of lawmakers suspected of links with banned militant groups allegedly compiled by the IB...

    The list first came to light when ARY News programme 'Power Play' aired a report on Sept 25 claiming that former prime minister Nawaz Sharif had directed the IB on...

  • Pemra serves notices to ARY, Bol News over 'fake' news regarding cabinet reshuffle

    The Pakistan Electronic Media Regulatory Authority (Pemra) has issued show-cause notices to ARY News and Bol News for airing news items regarding a reshuffle in the federal cabinet and change in the portfolios of some federal ministers, it emerged on Tuesday...

    The two media outlets had aired the news on Monday morning about a possible reshuffle in the posts for Minister for Finance and Minister of State for Interior held by Asad Umar...

  • Riffatullah stars as Sialkot exit

    RAWALPINDI: Peshawar rode on a blazing innings from their old guard Riffatullah Mohmand to outgun Sialkot in the second semi-final of the Cool & Cool presents Haier Mobile T20 Cup by five wickets at the Pindi Cricket Stadium late on Monday night...

    The six-time winners Sialkot had posted 169-7 after they were asked to bat under lights when Peshawar skipper Zohaib Khan had won the toss...

  • Protesters attack Law Minister Zahid Hamid's residence in Sialkot

    Law Minister Zahid Hamid's residence in Sialkot was attacked by supporters of Tehreek-i-Labaik and other religious parties, DawnNews reported on Saturday...

    Explore: Islamabad operation 'suspended' as thousands of violent protesters take over streetsThe attackers, that were more than 100 in number, vandalised and pelted stones at Hamid's house that is situated in Pasrur near Sialkot...

  • ATC grants 10-day physical remand of eight IS suspects arrested from Sialkot

    SIALKOT: An anti-terrorism court granted on Tuesday 10 days’ physical remand of eight suspects of the militant Islamic State (IS) group in different cases registered against them by the Counter Terrorism Department (CTD) under the Anti-Terrorism Act...

    The CTD personnel arrested the suspects from Sialkot region and seized weapons, explosives and laptops, as well as a large number of compact discs containing publicity material...

  • Iqbal Day events held in Sialkot

    SIALKOT: The 140th birth anniversary of Allama Iqbal was observed with traditional zeal and zest here on Thursday at Iqbal Manzil, the birthplace of the poet-philosopher...

    Chairperson Sialkot District Council Hina Arshad Warraich and PTI stalwart Dr...

  • FIA arrests three suspects from Sialkot, Gujranwala

    GUJRANWALA / SIALKOT / QUETTA: Following the discovery of 15 bullet-riddled bodies by the Levies force in Balochistan’s Buleda tehsil on Wednesday morning, the Federal Investigation Agency (FIA) raided and arrested several human traffickers in Sialkot and Gujranwala districts on Thursday...

    Muhammad Tanveer from Mundair Khurd village of Sialkot district was picked up for his alleged involvement in human trafficking...

  • ‘Top brands procuring goods from Sialkot’

    SIALKOT: Almost 100 top international sports and leisurewear brands procure their products from the highly industrialised city of Sialkot, allowing the country to earn $2 billion foreign exchange annually, President Sialkot Chamber of Commerce and Industry (SCCI) Zahid Latif Malik said on Wednesday...

    Addressing a meeting of exporters and trade bodies at the SCCI, Mr Malik said leading brands including Adidas, Nike, Select, Puma,...

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