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Pak Receives Second Billion Dollar Bailout Package From Saudi Arabia

Saturday, December 15, 2018, 9:32 AM

Cash-strapped Pakistan on Friday received USD 1 billion from its close ally Saudi Arabia as part of a second bailout package to boost the country's dwindling dollar reserves, according to media reports. The latest package has shored up the central bank's foreign reserves, hitting the USD 9.4 billion mark, said State Bank of Pakistan Spokesman Abid Qamar.
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Hockey is almost dead in Pakistan: AHF CEO Ikram

Friday, December 14, 2018, 4:34 PM

Speaking about the condition of hockey in Pakistan, Asian Hockey Federation CEO Tayyab Ikram said, "The sport in Pakistan is almost dead. The people of Pakistan are waiting to see international hockey in Pakistan." "We have [a] fantastic history in Olympics, fantastic hockey players but there are no advanced coaches," Ikram added.
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Mumbai engineer's return from Pak prison not likely this year

Friday, December 14, 2018, 8:22 AM

Engineer Hamid Nehal Ansari, who will serve a-three-year term in a Pakistani jail on December 15, will only be able to return to his home in Versova in Mumbai a month later. Pakistan's Interior Ministry told the Peshawar HC on Thursday that the process of its deportation to India would take a month. In Mumbai, his mother Fauzia broke down upon hearing the news.

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