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PM appoints British-Pakistani entrepreneur as investment ambassador

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  • Zeeshaan Shah appointed ambassador-at-large on investment.
  • Enterpriser hopeful of bringing investment into Pakistan.
  • Shah praises the coalition government’s reform agenda.

LONDON: Prime Minister Shehbaz Sharif has appointed British Pakistani enterpriser Zeeshaan Shah as ambassador-at-large on investment to promote foreign investment into Pakistan.

The announcement was made through a notification issued by the Prime Minister Officer on Wednesday.

The notification reads: “The Prime Minister has been pleased to appoint Mr Zeeshaan Shah as Ambassador-at-Large on Investment, with immediate effect. The appointment of Mr Zeeshan Shah will be in an honorary capacity.”

Shah is a multi-award-winning entrepreneur based out of London. His group has overseen investment transactions in excess of $1.3 billion. He made his name first when he appeared on BBC’s popular show “Apprentice”.

The entrepreneur boasts a global network of contacts within the investment space including leading institutional and family offices across the Far East, Middle East, United Kingdom and the United States of America.

Speaking to Geo.tv, Shah said that in his first task, he will immediately be travelling to the USA to meet with investors in Houston, Dallas, Los Angeles, San Francisco, Chicago, and New York.

He said that he was thankful to PM Shehbaz for showing confidence in him and will do his utmost to represent Pakistan.

Shah said: “I will not be taking any salary, perks or financial gains from the Government of Pakistan. My role is in a voluntary capacity and I consider this my national duty.”

“Pakistan is ripe for investment, not only in the booming IT & tourism sectors but in a broad range of sectors. The current government has its entire focus on reforming the system to create a system where there is the ease of doing business in order for Pakistan to develop.”

“The reform agenda that the government is implementing is amongst the most advanced in the world and it offers huge opportunities to the investors, local and internationally. I look forward to meeting with investors across the world and facilitating them to invest in Pakistan.”

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Over Pakistan, Rain and Snowfall Are Expected Over the Next Three Days

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As a succession of westerly winds sweep into the upper areas of Pakistan, rain is expected to fall during the following three days.

The Meteorological Department forecasts snowfall in mountainous regions and rainfall in Khyber Pakhtunkhwa, Kashmir, and Gilgit-Baltistan. There will be rain in Balochistan and the Punjabi plains, including Islamabad and Rawalpindi.

In addition, Khyber Pakhtunkhwa, Gilgit-Baltistan, Kashmir, Upper Punjab, Islamabad, and Northeastern Balochistan are scheduled to see strong winds, thunderstorms, and partly overcast weather during the course of the next day.

Since last month, there has been mild to severe haze in some portions of the country’s upper regions. The capital of Punjab, Lahore, as well as cities like Multan and Sialkot, are among the areas most severely impacted by dense fog.

Other regions of the nation will see dry weather in the interim. It is anticipated that most of Punjab will see morning smog and fog, which will eventually dissipate by nightfall.

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Business

Dar chairs the CCOP meeting; Blue World’s bid offer of Rs.10 billion is rejected.

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The Foreign Minister/Deputy Prime Minister chaired the Cabinet Committee on Privatization meeting.

Other committee members who attended the conference included the Federal Secretaries of several Divisions, the Ministers of Finance and Revenue, Industry and Food, Commerce, Power, and Privatization.

The CCOP took the PC Board’s recommendation into consideration and suggested that Blue World’s bid of 10 billion rupees for the sale of 60% of PIACL’s shares be rejected. The bid was rejected by the CCOP, who chose to follow the PC Board’s advice.

The government’s determination to sell out PIACL through government-to-government or privatization was reaffirmed by the CCOP.

The CCOP was pleased with the Aviation Division’s evaluation of PIACL’s sound financial standing.

Additionally, the CCOP established a committee, chaired by the Minister of State for Finance, to assess potential transaction possibilities for the privatization of the Roosevelt Hotel and the appropriate modes of adoption in light of existing legal rules.

Prior to its subsequent meeting, the CCOP also ordered that all difficulties be resolved and an agreement for the selling of services to an international hotel be concluded.

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Combating Terrorism: Twelve Terrorists Destroyed in Separate Operations by Security Forces

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Eleven terrorists and Kharijis were killed in two separate intelligence-based operations in Balochistan’s Miran Shah District and North Waziristan. One of the victims was Sana Alias Baru, a high-value target.

In the vicinity of Miran Shah in North Waziristan, security forces successfully fought the Khwarij, leading to the death of eight and injury of six.

The general region of Balgatar, Kech District, Balochistan was earlier the scene of an Intelligence-Based Operation that resulted in the deaths of four terrorists, one of them was a high-value target.

Authorities in Kech District were actively seeking Baru, who had a pivotal role in recruiting members of the so-called Majeed Brigade, particularly suicide bombers.

Among the terrorists’ possessions were weapons and ammo.

In order to eradicate any lingering terrorists in the vicinity, a sanitation operation is currently under progress.

With unwavering resolve, the Pakistani security forces will eradicate the terrorist threat from the nation.

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