A man walks with his camel across the Liwa desert

A man walks with his camel across the Liwa desert, some 250 kilometers west of the Gulf emirate of Abu Dhabi, during the Liwa 2017 Moreeb Dune Festival.
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Tauqir Sadiq likely to be brought back

 


ABU DHABI: Former Oil and Gas Regulatory Authority (OGRA) chairman Tauqir Sadiq, allegedly involved in Rs80billion scam, is expected to be brought back to Pakistan from the United Arab Emirates (UAE) within 48 hours, Geo News reported.

According to sources in Pakistan embassy, UAE, all the relevant documents have been handed over to UAE authorities.
The sources added that Pakistani officials held meeting with UAE authorities last night and handed over documents to them.
It may be noted here that Tauqir Sadiq is allegedly involved in Rs80 billion corruption and the case is under hearing in the Supreme Court of Pakistan. The court had issued orders for his arrest in this scam. (The News)

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World’s tallest building to be built in Karachi

 
ABU DHABI: Former chairman and present consultant of Bahria Town, Malik Riaz Hussain has signed an agreement with His Highness Sheikh Nahyan bin Mubarak Al Nahyan; Chairman Abu-Dhabi group, Union National Bank & United Bank Limited.
Under the agreement 45 billion dollars will be invested in Pakistan for various construction projects, which is the biggest and historical investment in Pakistan. Abu-Dhabi group has previously made huge and successful investments in Pakistan by the establishment of Bank Alfalah, Warid Telecom and Wateen Telecom.
Out of the total investment value 10 billion dollars will be invested in Federal Capital- Islamabad and Lahore (Punjab) whereas 35 Billion dollars will be invested in Sindh. These projects also include the construction of tallest building of the world (taller than Burj Khalifa, Dubai) in Karachi. Moreover, the project encompasses Sports city, Educational & Medical city, International city & Media city. The project also includes the construction of miniatures of Seven Wonders of the World.
These projects will employee more than 2.5 million people and will boost more than 55 industries like cement, bricks, iron, steel and glass. Moreover these projects are expected to represent all the social classes of the society and middle-class and lower-middle class will have equal representation.
The agreement will have a revolutionary impact on not only Pakistan’s economy but also tourism of the country and will be a milestone in reviving the lights of Karachi.
Speaking on the occasion, His Highness Sheikh Nahyan bin Mubarak Al Nahyan expressed that Bahria Town not only represents modern Pakistan but is also a credible, respected and authentic name in the real estate sector world-over. “I am genuinely happy that in this historic project of Pakistan we are working with the visionary Malik Riaz Hussain, this guarantees that not only the project will be delivered beyond our expectations but also before time. We will Inshallah be welcoming first residents in next 3-4 years.”
Malik Riaz Hussain, former chairman and existing consultant Bahria Town, expressed his pleasure and said that it is a matter of great pride for me that His Highness Sheikh Nahyan bin Mubarak Al Nahyan has selected us for making the dream come true for a modern and developed nation with this historical project. This is also a proud moment for Pakistan as such a huge foreign investment has never been made before.
A distinguished feature of this project is the utilization of seawater to produce electricity. The projects will have their own grid station.
Moreover, a separate modern water treatment plant will be established to convert seawater into drinking water. These features make this a landmark project in Pakistan, which addressing the current water & electricity issues of the country. Works on this monumental project will soon be starting.
Courtesy: The News International

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