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Jay Shah has been elected as the independent Chairman of the International Cricket Council (ICC).

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3 months ago

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As to the ICC’s statement, Shah will take over the position starting from December 1, 2024.

Jay Shah has been unanimously elected as the upcoming Independent Chair of the International Cricket Council (ICC). The ICC announced that Shah, who has held the position of BCCI Honorary Secretary since October 2019 and Chair of the Asian Cricket Council since January 2021, will officially take on this esteemed position on December 1, 2024.

To clarify, Jay Shah became the only candidate for the position because Greg Barclay, who is from New Zealand, decided not to run for a third term.

Upon being elected as the Independent ICC Chairman, Jay Shah expressed his intentions to bolster the global appeal of cricket. He additionally claimed that the inclusion of the sport in the Los Angeles Olympics 2028 would have a crucial impact on its development.

“I feel honored to be nominated as the Chair of the International Cricket Council,” Shah expressed.

“I am dedicated to collaborating closely with the ICC team and our member nations to advance the globalization of cricket.” Currently, we are at a crucial point where it is becoming more and more essential to maintain a harmonious existence of many formats, encourage the use of cutting-edge technologies, and expand the reach of our flagship events to new international markets. Our objective is to enhance the inclusivity and popularity of cricket to a greater extent than ever before.

“While we will utilize the valuable knowledge gained, we must also welcome new ideas and creativity to enhance the passion for cricket on a global scale.” The incorporation of cricket into the Olympic Games in LA 2028 is a momentous turning point for the expansion of the sport, and I am certain that it will propel the sport’s progress in unparalleled ways.

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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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18 hours ago

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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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