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Latest Pakistan

Reuters
Aug 22, 2025

Sources say ADB to fund Pakistan Railways upgrade

According to Reuters, the ADB is in advanced talks to lead the financing of a $2 billion upgrade of a 500-km stretch of the railway line from Karachi to Rohri in the country’s south.

Business

Web Desk
Aug 22, 2025

ADB to back Reko Diq mine with $410 million financing package

The Asian Development Bank (ADB) has agreed to provide a $410 million financing package to support the development of Pakistan’s Reko Diq copper and gold mine, two sources familiar with the matter told Reuters on Thursday.

Pakistan

Web Desk
Jun 17, 2025

PM reviews Railways upgrade, Reko Diq link plan

PM Sharif also ordered the formation of an inter-ministerial committee to finalise financing options for the railway’s modernisation and expansion

Pakistan

Javaid Soomro
Apr 08, 2025

US state dept official praises Pakistan’s minerals forum, hospitality

Meyer said, “What makes me most optimistic about the US-Pakistan partnership is that our cooperation is based on the close and enduring ties between our peoples.”

Pakistan

Web Desk
Mar 25, 2025

ECC approves revised Reko Diq plan, grant for Skardu sports centre

The ECC also approved a Rs200 million grant for the construction of a Pakistan Sports Board (PSB) Coaching Centre in Skardu.

Latest

Web Desk
Mar 25, 2025

OGDCL completes Reko Diq feasibility study, first phase to cost $5.6b

The Board of Directors of OGDCL has also approved an increase in the company’s funding commitment for the Reko Diq project to $627 million.

Business

Web Desk Karachi
Mar 12, 2025

Diamer-Bhasha dam, mining initiatives highlight SIFC’s $28 billion investment push

The approved projects encompass various sectors, such as food production, agriculture, information technology, minerals, petroleum, and energy.

Business

Reuters
Jan 21, 2025

Saudi Arabia set to buy 10-20pc stake in Reko Diq gold project

Executives from Manara visited Pakistan in May last year for talks about buying a stake in the Reko Diq mine, considered one of the world’s largest underdeveloped copper-gold areas by global mining company Barrick Gold, which owns the project jointly with Pakistan.

Opinion

Web Desk
Dec 11, 2024

Losing stake: what does Reko Diq hold for Pakistan’s future?

The deal, which now includes Saudi Arabia alongside the Canadian company and the federal and Balochistan governments, is slated for closure by mid-2025.