Khawaja Asif calls on the PTI to investigate Bushra Bibi’s questionable involvement in the demonstration.

Published

2 months ago

Farwa

During the Pakistan Tehreek-e-Insaf (PTI) rally in Islamabad, Defense Minister Khawaja Asif urged the party to investigate Bushra Bibi’s questionable involvement.

The top PML-N leader claimed that Imran Khan and the PTI leadership had already agreed to hold a sit-in at Sangjani.

“Bushra Bibi should be commended by the government for putting an end to the PTI’s demonstration,” the seasoned lawmaker stated.

He stated that the PTI employees attacked D-Chowk at Bushra Bibi’s direction.

“The workers remained stranded, and Bushra Bibi and Ali Amin Gandapur, the chief minister of Khyber Pakhtunkhwa, fled the scene,” the defense minister stated.

According to Prime Minister Shehbaz Sharif, the nation cannot afford the bloody politics.

He was speaking on Wednesday at a cabinet meeting.

According to the prime minister, the PTI has consistently staged violent protests in the capital because its leader disapproved of democratic and political ideals.

He claimed that the reason Pakistan avoided default and turned the economy around truly troubled the PTI.

“Even our harshest critics concur and commend that the economic trajectory is now on the upward trajectory,” he stated. The PM asked if it was necessary to ruin everything for the sake of the PTI.

The NORINCO Group is invited by CM Sindh to explore opportunities.

Published

21 hours ago

Farwa

Chinese companies have been invited by Sindh Chief Minister Syed Murad Ali Shah to visit Karachi and other regions of Sindh Province in order to observe the quickly growing businesses and investigate prospects in fields like clean energy, infrastructure development, and public transit projects.

Speaking in Beijing to a delegation headed by the chairman of NORINCO International Co., Ltd., he stated that all facilities required would be provided by the governments of Sindh Province and Pakistan.

With assistance from NORINCO International, the Sindh Chief Minister stated that the Provincial Government will firmly urge North Vehicle and BeiBen to think about setting up a Vehicle Assembly Plant in the Dhabeji Special Economic Zone.

Business

A deal with Pakistan to fight financial crimes has been approved by the Saudi cabinet.

Published

21 hours ago

Farwa

In order to strengthen collaboration in the fight against money laundering, terrorist financing, and associated crimes, the Saudi Press Agency announced this week that the Saudi cabinet, led by Crown Prince Mohammed bin Salman, had approved a memorandum of understanding (MoU) with Pakistan’s Financial Monitoring Unit (FMU).

Due to its severe money laundering and terrorism funding issues in recent years, Pakistan was added to the Financial Action Task Force’s (FATF) grey list in June 2018.

The nation was taken off the gray list in October 2022 after enacting extensive measures to fortify its financial system.

The FMU is Pakistan’s financial intelligence unit, created under the Anti-Money Laundering Act of 2010 and tasked with collaborating with foreign partners and evaluating reports of suspicious transactions.

According to the SPA, “the cabinet approved a memorandum of understanding regarding cooperation in exchanging investigations related to money laundering, terrorist financing, and related crimes between the Financial Monitoring Unit in the Islamic Republic of Pakistan and the General Department of Financial Investigation at the Presidency of State Security in the Kingdom of Saudi Arabia.”

The MoU is an indication of Saudi Arabia and Pakistan’s growing strategic partnership. A significant Pakistani diaspora resides in the Kingdom, and numerous Pakistani businesses have established a presence there.

Saudi Arabia has been a key supporter of Pakistan’s economy, bolstering its reserves with substantial deposits in the State Bank of Pakistan and offering deferred oil payment facilities.