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Champions Trophy 2025 will remain in Pakistan, the CEO of the ICC has said.

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Dismissing any rumors that the Champions Trophy 2025 will be moved to a different nation, International Cricket Council (ICC) Chief Executive Geoff Allardice has stated that the tournament will take place in Pakistan as planned.

The 2025 ICC Champions Trophy is slated to take place in Pakistan in February and March. Nevertheless, India’s participation in the competition is up in the air since the BCCI is still awaiting government sanction to travel there.

Recall that there were rumors in Indian media, backed by the BCCI, that the Indian team would not be traveling to Pakistan for the forthcoming ICC match.

Additional reports stated that the board had formally suggested Sri Lanka and Dubai as possible locations for India’s match.

According to Geoff Allardice, who denied the reports, no team has expressed reluctance to play in the competition.

Allardice voiced her appreciation over Pakistan’s hosting of the Women’s T20 World Cup during a press conference in Dubai. He went on to emphasize that Pakistan is the ICC’s choice to host the Champions Trophy.

Remarkably, Pakistan is preparing three stadiums for the Champions Trophy in Karachi, Lahore, and Rawalpindi.

The PCB Chairman, Mohsin Naqvi, has revealed that the stadium modifications will be finished prior to the start of the Champions Trophy.

Gaddafi Stadium’s basement will be built by September 30. It will take three weeks to finish each floor. A steel framework would make up the front building. By December 31, the primary structure of Gaddafi Stadium will be finished, according to Naqvi.

“The seats will be erected in the stadium prior to the Champions Trophy; Indi Stadium will need to be fully destroyed and rebuilt.

“The Champions Trophy will take place before the renovations at Karachi’s [National Stadium] are finished,” he said.

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Business

Irfan Siddiqui meets with the PM and informs him about the Senate performance of the parliamentary party.

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The head of the Senate’s Foreign Affairs Standing Committee and the PML-N’s parliamentary leader paid Prime Minister Muhammad Shehbaz Sharif a visit in Islamabad.

Senator Irfan Siddiqui gave the Prime Minister an update on the Parliamentary Party’s Senate performance.

Additionally, Senator Irfan Siddiqui gave the Prime Minister an update on the Senate Standing Committee on Foreign Affairs’ performance.

He complimented the Prime Minister on his outstanding efforts to bring Pakistan’s economy back on track and meet its economic objectives.

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Business

SIFC Increases Direct Foreign Investment: Investment in the Energy Sector Rises by 120%

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The Special Investment Facilitation Council is intended to help Pakistan’s energy sector attract $585.6 million in direct foreign investment in 2024–2025. The amount invested at the same time previous year was $266.3 million.

This is a notable 120% rise, mostly due to investments in gas exploration, oil, and power. Such expansion indicates heightened investor confidence and emphasizes the development potential in important areas.

The State Bank reports that foreign investment in other vital industries has increased by 48% to $771 million.

This advancement is a blatant testament to SIFC’s efficient investment procedure and quick project execution.

The purpose of the Special Investment Facilitation Council is to establish Pakistan as an investment hub by aggressively promoting regional trade and investment in the energy sector and other critical industries.

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Speaking to a press conference, Marriyum Aurangzeb says the PML-N government has restored the trust of investors.

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According to Marriyum Aurangzeb, senior Punjab minister, the PML-N government has won back the trust of investors by making strides in a number of areas, including agriculture.

Marriyum Aurangzeb, speaking at a press conference in Lahore, emphasized the Punjab government’s initiatives to bring about major changes in the province, particularly in Lahore.

Marriyum Aurangzeb stated that in order to guarantee sustainable growth, the master plan for Lahore has been completed, and plans of a similar nature are being worked on for other districts.

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