Pakistan secures local equity, Chinese partnership for Saudi refinery project

By Staff Reporter

ISLAMABAD: Pakistan has signed three memoranda of understanding (MOUs) with four state-owned enterprises to raise the local equity for a multibillion-dollar Saudi refinery project and inked an engineering, procurement, and construction (EPC) contract with a Chinese firm, a minister said on Thursday.

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Governor Punjab Balighur Rehman (R); and Speaker Punjab Assembly Sibtain Khan (L). Images courtesy of Wikimedia Commons and Punjab Assembly.

Battle for Punjab in uncharted territory

The final round of a power tussle over Punjab between Prime Minister Shehbaz Sharif and former Prime Minister Imran Khan is underway, and all that can be said with any certainty right now is that we have a bitter contest on our hands. By Staff Reporter.

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