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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…
ContinueAdded by Riaz Haq on April 27, 2019 at 6:00pm — 2 Comments
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…
ContinueAdded by Riaz Haq on April 23, 2019 at 2:05pm — 25 Comments
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?…
Added by Riaz Haq on April 22, 2019 at 8:00pm — 3 Comments
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 …
ContinueAdded by Riaz Haq on April 21, 2019 at 9:00am — No Comments
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.…
ContinueAdded by Riaz Haq on April 13, 2019 at 10:00pm — 19 Comments
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…
ContinueAdded by Riaz Haq on April 6, 2019 at 11:26am — 3 Comments
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…
ContinueAdded by Riaz Haq on April 2, 2019 at 9:56pm — 22 Comments
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Pakistani student enrollment in America's institutions of higher learning rose 16% last year, outpacing the record 12% growth in the number of international students hosted by the country. This puts Pakistan among eight sources in the top 20 countries with the largest increases in US enrollment. India saw the biggest increase at 35%, followed by Ghana 32%, Bangladesh and…
ContinuePosted by Riaz Haq on April 1, 2024 at 5:00pm
Pakistan's agriculture sector GDP grew at a rate of 5.2% in the October-December 2023 quarter, according to the government figures. This is a rare bright spot in the overall national economy that showed just 1% growth during the quarter. Strong performance of the farm sector gives the much needed boost for about …
ContinuePosted by Riaz Haq on March 29, 2024 at 8:00pm
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