Friday, July 19th, 2019
Iran denies losing drone by US attack in Strait of Hormuz
WASHINGTON: (DNA) – Iranian Deputy Foreign Minister Abbas Araqchi denied on Friday that Iran had lost a drone in the Strait of Hormuz after the United States said that a US Navy ship had “destroyed” an Iranian drone. “We have not lost any drone in the Strait of Hormuz nor anywhere else. I am worried that USS Boxer has shot down their own UAS [Unmanned Aerial System] by mistake!,” Araqchi said on Twitter, referring to a US warship in the strategic waterway. US President Donald Trump said on Thursday that theRead More
SHC grants seven-day bail to Miftah Ismail
KARACHI: (DNA) – The Sindh High Court (SHC) on Friday granted seven-day bail to former finance minister Miftah Ismail and former Pakistan State Oil (PSO) CEO Sheikh Imranul Haque. The duo had submitted a plea for pre-arrest bail earlier in the day. On July 18, the National Accountability Bureau (NAB) arrested former prime minister Shahid Khaqan Abbasi for his alleged involvement in a case pertaining to the award of liquefied natural gas (LNG) import contracts while arrest warrants have been issued for former finance minister Miftah in the same case. A dayRead More
France, Pakistan sign credit facility, grant agreements
ISLAMABAD, JUL 19 (DNA)- . Noor Ahmed, Secretary of Economic Affairs Division (EAD), Marc Baréty, Ambassador of France, and Jacky AMPROU, Country Director of the French Agency for Development (AFD), signed the Credit Facility Agreement worth Euros 50 million and the Grant Agreement worth 0.2 million Euros to finance the Rehabilitation of Chitral and Dargai Hydropower Plants. This funding will allow the modernization of the two hydropower plants, as well as the upgrading of their generation capacity from 20MW to 22MW for Dargai HPP and from 1MW to 5 MWRead More
Fake trust deed: Accountability court turns down NAB’s plea against Maryam Nawaz
ISLAMABAD (DNA) – Accountability court on Friday has turned down petition of National Accountability Bureau (NAB), claiming Pakistan Muslim League-Nawaz (PML-N) vice president Maryam Nawaz had produced a bogus trust deed in Avenfield reference. During the proceedings, judge Mohammad Bashir declared anti-corruption watchdog’s appeal as inadmissible and ruled that no action can be taken in this regard until the decision of Islamabad High Court (IHC). Maryam Nawaz, while wearing shirt having words ‘Free Nawaz Sharif’, arrived at the court amid PML-N workers’ slogans against incumbent government of Pakistan Tehreek-e-Insaf (PTI).
PIA set to kick off direct flights to US
KARACHI: (DNA) – Amid a marked improvement in the relationship between Pakistan and the US, ahead of Prime Minister Imran Khan’s visit to Washington next week, Islamabad has geared up to take direct flights to New York for the first time in the country’s history. “US security officials visited the Islamabad airport and expressed concern over direct flights to the US, which has been addressed,” revealed Federal Minister for Aviation Ghulam Sarwar Khan at a press conference at the SQMS Auditorium, Pakistan Civil Aviation Authority (PCAA) headquarters on Thursday. “Flights are expectedRead More
No CPEC document shared with IMF: govt
ISLAMABAD, (DNA) – The planning secretary informed a Senate panel on Thursday that the planning and finance ministries had not shared any document related to the China-Pakistan Economic Corridor (CPEC) with the International Monetary Fund (IMF). Senator Sherry Rehman, the chairperson of the Senate Standing Committee on CPEC, said the government’s statement was in contradiction to media reports which stated that the government had shared details of debt incurred on account of CPEC projects as well as other sensitive information with the IMF. “I am stating on record that no suchRead More