Blowout concerns have stopped offshore drilling in Pakistan yet again. It was underway to confirm discovery of oil and gas in at Kekra-1 well in G-bloc with pre-drill estimate of over 1.5 billion barrels of oil. It was scheduled to restart on April 20, 2019 after pause of 12 days, according to Pakistani media reports. Now it is delayed until the…

What does Pakistan Prime Minister Imran Khan hope to accomplish during his Iran visit? What are the key issues bedeviling Iran-Pakistan relations? Cross-border terrorism alleged by both? Pakistan's relations with the Gulf Arabs? CPEC? Afghanistan? Gwadar? Chabahar? Indian RAW's use of…

Who removed Pakistan Finance Minister Asad Umar and why? What was expected of him? Did he fail to deliver it? What are the qualifications of Dr. Hafeez Shaikh who has been picked to replace Asad Umar? Is he better suited to deliver a deal with IMF and other international financial institutions?…

OPEN Forum 2019 drew hundreds of Pakistanis and Pakistani-Americans to Santa Clara Convention Center in Silicon Valley on Saturday April 20, 2019.  This year's conference featured a keynote by Karachi-born Mudassir Sheikha, co-founder of …

Pakistan is battling massive twin deficits, deteriorating foreign currency reserves, low exports, diminishing tax revenues, a weak currency, unsustainable external debt payments, and soaring sovereign debt. This crisis has forced the country to seek IMF (International Monetary Fund) bailout, the 13th such request in Pakistan's 72 year history.…

N.E.D. University of Engineering and Technology (NEDUET) has been ranked among the world's top 200 universities for "impact" by Times Higher Education. The institution located in Pakistan's largest city of Karachi is ranked among 101-200 in the world. NEDUET also tops…

A top official of the State Bank of Pakistan, the nation's central bank, announced that the institution aims to issue a digital currency (Central Bank Digital Currency or CBDC) by 2025, according to media reports.   Speaking at the launch of regulations of Electronic Money Institutions (EMIs), central bank officials said that EMIs will be non-bank entities to be licensed by the…