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Why Pakistani oil and gas projects fail

[ Owner decision-making, flawed EPC terms and weak evaluation criteria are to blame ISLAMABAD: Pakistan has recently made a number of hydrocarbon discoveries, which need rapid and economical development. This led me to study some associated project execution practices currently in vogue and share suggestions which may help. Although a project always has two major … Read more

Saudi support & economic sovereignty

[ Financial breathing space is valuable, but is no substitute for institutional reform ISLAMABAD: Saudi Arabia’s decision to increase its financial support to Pakistan by replacing the deposits withdrawn by the United Arab Emirates (UAE) under the ongoing International Monetary Fund (IMF) programme deserves sincere appreciation. At a time when geopolitical uncertainty has intensified across … Read more

Settlers torch mosque, factory in West Bank

AT TUWANI, WEST BANK: Israeli settlers set fire overnight to a mosque in a village in the occupied West Bank, a Palestinian official said Sunday, as an AFP journalist saw the structure’s entrance scorched and Hebrew graffiti sprayed on its walls. The incident came during a period of increased attacks against Palestinian communities by settlers … Read more

Fiscal federalism in practice vs law

[ ISLAMABAD: Two schools of thought have emerged in the recent debate on the 18th constitutional amendment, which brought a structural shift towards devolution. One school – let’s call it centralists – has argued that the federal government is now structurally weak and in a perpetual fiscal crisis, since 57.5% of divisible resources are transferred … Read more

Pro-Palestine Spain beat pro-Israel Argentina to become Fifa World Cup 2026 champions

Spain passed, probed, protected, and pampered the ball as if it were national treasure Spain’s Rodri lifts the World Cup trophy alongside teammates as they celebrate winning the World Cup. PHOTO: REUTERS Spain went all the way round the footballing ​wheel on Sunday, from silk to sludge, from purity to persistence, and still ended up … Read more

India bans march on parliament

NEW DELHI: Police in India have denied permission for a march on parliament by supporters of the youth-led “Cockroach” movement on Monday, risking a standoff as calls grow for the sacking of Prime Minister Narendra Modi’s education minister over exam paper leaks. The movement has been galvanised since police forcibly moved hunger-striking activist Sonam Wangchuk … Read more