The deal covers roughly 14 acres of leasehold land and 233,270 square feet of buildings in Sindh. Completion remains subject to payment, a sale agreement, transfer formalities and financial institutions’ clearances.
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Pakistan will provide financial assistance for an international-standard stadium in Gulhifalhu. President Mohamed Muizzu says construction will begin soon, with a PCB feasibility visit being arranged.
The agreement for Pakistan Services Limited’s proposed restructuring awaits necessary approvals. It follows Fauji Foundation’s purchase of a 19.70% stake for about Rs6.55 billion.
PBA Chairman Zafar Masud says SME borrowers have risen to 350,000, with banks also expanding agricultural and housing finance.
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Khyber Pakhtunkhwa Governor Faisal Karim Kundi has expressed his wish for the province to progress like Sindh.
An Indian player’s gesture towards Pakistan batter Hasnain Dar drew praise from cricket fans. Media reports identified the player as India’s Under-19 captain, Lakshya Rajchandani.
Railways Minister Hanif Abbasi announced the revenue milestone at the inauguration of new Awam Express coaches in Rawalpindi, where he also outlined plans for upgrades and branch-route restoration.
