International
The Thursday Times brings the globe into focus, delivering clear, comprehensive reporting on pivotal events shaping nations and communities. With The Thursday Times‘ on-the-ground insights and expert analysis, we connect readers to the stories that matter across borders, helping make sense of our fast-changing world.
افغانستان میں موجود افراد پاکستانی مہاجر نہیں بلکہ روپوش دہشت گرد ہیں، ڈی جی آئی ایس پی آر
افغانستان میں موجود افراد پاکستانی مہاجرین نہیں بلکہ وہ دہشت گرد ہیں جو انسدادِ دہشت گردی کی کارروائیوں کے بعد وہاں روپوش ہو گئے۔ دہشت گردی کے خلاف جنگ میں سب سے بڑی رکاوٹ کچھ سیاسی عناصر اور مجرمانہ نیٹ ورکس کا باہمی گٹھ جوڑ ہے۔
Pakistan awards 23 offshore oil exploration blocks in first bidding round since 2007
ISLAMABAD (THE THURSDAY TIMES) — Pakistan has awarded 23 offshore oil and gas exploration blocks in its first bidding round since 2007, marking renewed interest in the country’s underexplored maritime energy sector.
The Ministry of Energy said the licences were granted to four consortiums led by domestic companies including Oil and Gas Development Company Limited, Pakistan Petroleum Limited, Mari Energies and Prime Energy, a subsidiary...
Saudi wealth fund backs Brookfield’s $2bn push into Middle East
Saudi Arabia’s PIF partners with Brookfield on a $2 billion fund, sparking fresh investments and innovation across the kingdom, with Brookfield expanding its Riyadh footprint to boost local growth.
Saudi Aramco picks Lahore for its first branded petrol station launch in Pakistan
Saudi oil giant Aramco has launched its first branded petrol station in Pakistan's Lahore, delivering premium fuel and services to Pakistan, and sparking a fresh chapter in the country’s fuel industry, boosting Saudi investment ties.
Islamic Development Bank floats €500mn sukuk in dual Dublin and Dubai listings
The Islamic Development Bank’s €500 million sukuk, priced at mid-swaps +50 bps, finds strong demand and listings on Euronext Dublin and Nasdaq Dubai, advancing its Trust Certificate Issuance Programme.
Abu Dhabi’s CYVN moves to acquire McLaren Automotive, steer focus to EVs
Abu Dhabi’s CYVN Holdings plans to take over McLaren’s automotive division, bringing fresh capital and expertise to expand McLaren’s electric vehicle technology. This move by CYVN could redefine the luxury carmaker’s future in EVs.
UAE poised to revive AED84bn F-35 deal with US if Trump clinches return
The UAE may look to revive a $23bn F-35 and drone deal with US if Donald Trump wins the 2024 U.S. Presidential race, as negotations with Biden continue to stall. Strategic Gulf relations are already beginning to shift amidst wider security ambitions.
Saudi sovereign wealth fund pivots focus back home to fuel Vision 2030
Saudi Arabia’s PIF refocuses its strategy, pivoting from global assets to domestically driven projects in line with Vision 2030. The fund’s recalibration aligns with the kingdom’s economic diversification goals amid global fiscal shifts.
شہباز شریف کا پاکستان کی ترقی، نوجوانوں کی خود مختاری اور سعودی عرب کے ساتھ شراکت داری کا عزم
پاکستان میں معاشی استحکام سعودی عرب و دیگر دوست ممالک کے تعاون سے ممکن ہوا، نوجوان نسل قیمتی اثاثہ ہے، پاکستان میں غیر ملکی سرمایہ کاروں کا خیر مقدم کریں گے، غزہ میں قتل و غارت روکنا ہو گی، اس کے بغیر دنیا میں امن اور خوشحالی ممکن نہیں۔
Dubai telco du profits soar 49.7% to book $520mn in Q3 FY2024
For the nine months leading to this quarter, du achieved a 49.7 percent increase in net profit, reaching AED1.9 billion, driven by robust commercial momentum, a dedicated strategy, and cost-efficiency.
UAE attracts mammoth US$16bn in greenfield foreign capital inflows in 2023
UAE attracts US$16 billion in FDI, transforming key sectors like real estate and finance to become a global investment leader with lasting international partnerships.
Lulu’s ADX IPO targets around $5bn bolstered by keystone GCC investors
Lulu Group’s ADX IPO promises to raise billions, anchored by cornerstone investor backing and an ambitious dividend plan to fuel its expansion across UAE markets.
UBS advises GCC investors secure wealth with bonds, gold to mitigate regional risks
GCC investors should consider high-grade bonds and global diversification of assets—with hedges in gold—to mitigate rising regional geopolitical risks posed in the Middle East, advises Swiss investment bank UBS.
UAE’s e& telecom giant expands into Eastern Europe in $2.3bn deal
e& Group cements its European presence with new acquisition across a majority of Eastern European markets — namely Bulgaria, Hungary, Serbia, and Slovakia.
