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Pakistan has approved a proposed $3.5 billion private-sector refinery and storage project in Sindh under the business-to-business (B2B) framework of the China-Pakistan Economic Corridor (CPEC). The China-Pakistan Economic Corridor Secretariat has endorsed the proposed Falcon Oil Refinery and Storage Complex in Dhabeji, Thatta district, according to officials. The Board of Investment will now present the project to the Joint Working Cooperation Group of CPEC for further consideration. The project is being positioned as a major private-sector initiative under CPEC’s second phase, which places greater emphasis on business-to-business cooperation and investment. 100,000-barrel-per-day refinery planned The proposed Falcon Oils Refinery & Storage…

US President Donald Trump on Friday announced an unprecedented USpush to take control of a fifth of Venezuela’s vast oil reserves, betting that American companies can revive ​the OPEC nation’s battered energy industry while delivering a new source of crude to help bring down US fuel prices. Trump provided few details about the agreement, saying only ‌that the US had secured majority control of more than 65 billion barrels of Venezuela’s proven oil reserves through a partnership with private business. The South American nation’s leader welcomed the agreement, saying it would boost the economy and government revenue. The new deal…

Khyber Pakhtunkhwa Chief Minister Sohail Afridi visited the family of five-year-old Ayat Noor, who was raped and murdered in Haripur, and offered condolences to her grieving family. The chief minister presented the family with a cheque of Rs10 million and announced that a Child Protection Bill would be named after Ayat Noor. He also said Swat Chowk would be renamed after the young victim. During his visit to the family’s home, Chief Minister Afridi met Ayat Noor’s father and offered prayer for the deceased child. Local MPA and Provincial Information Minister Shafi Jan were also present on the occasion. The…

The death toll from Wednesday’s flash flood on the Nepal-China border has risen to 616, Nepal Police said on Saturday, as rescue teams continue searching for nearly 2,000 missing people. Nepal’s disaster relief agency has reported 1,924 people missing, including at least 517 foreign nationals. Police said 2,301 people were injured and receiving treatment. Officials said the figures remain subject to revision as authorities continue collecting and verifying information from affected areas. The disaster is being described by officials as Nepal’s worst since the 2015 earthquake. The flood struck after the reported collapse of a glacier above the valley, sending…

Pakistan head coach Sarfaraz Ahmed has said he will take responsibility if the national team fails to perform, while insisting that he remains hopeful of a positive result. Speaking after Pakistan’s Test match, Sarfaraz also addressed the reported controversy involving the Pakistan Cricket Board (PCB) and a Sky Sports interview with the sons of former Pakistan captain and prime minister Imran Khan. Sarfaraz said management is naturally criticised when the team fails to produce results, but he remains confident that Pakistan can improve. “If the team does not perform well, the management is responsible. If the team does not play well, I…

The interim investigation report into the PIMS tragedy has been presented to Prime Minister Shehbaz Sharif, with sources saying the inquiry committee has identified causes, responsibilities and several administrative and safety shortcomings at the hospital. The report recommends immediate action against those held responsible and highlights administrative incompetence, absent staff, construction defects and failures to implement earlier recommendations for improving PIMS. Former interior secretary Shahid Khan, who headed the inquiry committee, met Prime Minister Shehbaz Sharif and presented the interim investigation report on the PIMS tragedy. Sources said Shahid Khan himself briefed the prime minister on the key features and…

The heavy use of US munitions during the war with Iran has raised concerns among American military planners about Washington’s ability to deter potential threats from China and Russia, according to The Wall Street Journal. Citing US officials, the report said the United States had rushed large quantities of weapons to the Middle East during the conflict, putting significant pressure on American weapons stockpiles. The drawdown has reportedly been particularly severe for PAC-3 Patriot air defence interceptors and ATACMS surface-to-surface missiles, with US inventories in Europe described by officials as “beyond critical”. Hegseth oversaw weapons transfers According to the report,…

Iranian President Masoud Pezeshkian has said Tehran is ready to cooperate with all countries in the region, including Saudi Arabia, the UAE and Pakistan, while outlining conditions for reopening the Strait of Hormuz. In a televised interview with Iranian state television, Pezeshkian also defended the Islamabad Memorandum of Understanding, highlighted Iran’s economic resilience under sanctions and stressed that national unity remains the country’s greatest strength against US pressure. Pezeshkian said Iran should no longer delay efforts to establish better relations with its neighbours and other Muslim countries. He said regional states should sit together, resolve their disputes through dialogue and…

Indian actor Salman Khan celebrated Raksha Bandhan with his family as he visited his sister Alvira Khan’s residence for the Hindu festival. The 60-year-old actor was spotted leaving Alvira’s home on Friday, August 28, wearing a maroon T-shirt, blue jeans and a cowboy hat. Several colourful rakhis were visible on his wrist, while a tilak could also be seen on his forehead. Salman briefly stopped for photographers before leaving and raised his wrist to show the rakhis tied around it. Family celebrates Raksha Bandhan together Salman’s younger sister Arpita Khan Sharma also shared moments from the family celebrations on her…

Google is giving Pokémon fans a new way to track their sleep with a special-edition Fitbit Air designed around the Pokémon Sleep app. The wearable comes in a “Sleepy Blue” colour and features a sleeping Pikachu design, while retaining the same lightweight hardware and features as the standard Fitbit Air. The Pokémon Sleep edition is available for pre-order through the Google Store and Target, with shipments scheduled to begin on September 15. Google is also offering three months of Google Health Premium with the device. Fitbit Air connects with Pokémon Sleep The special edition does not introduce new hardware or…