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Harvest our mineral reserves and get rid of IMF: Shahbaz

Gulf Today

|

April 09, 2025

Prime Minister Shehbaz Sharif on Tuesday said that if Pakistan managed to harvest its mineral reserves that valued “trillions of dollars”, it could allow the country to say farewell to global financial institutions like the International Monetary Fund (IMF).

He was delivering his address at the Pakistan Minerals Investment Forum 2024(PMIF)a large number of delegates from foreign countries attended at the high-level event.

The two-day forum, hosted by Pakistan, commenced in Islamabad. Pakistan plans to unveil a unified framework to promote mining and mineral investment opportunities across four provinces: Azad Jammu and Kashmir (AJK) and Gilgit-Baltistan (GB) at the high-level event which will be attended by around 300 foreign delegates.

The PMIF25 will serve as a premier platform for global stakeholders to explore investment opportunities in Pakistan's emerging minerals sector and unlock the country's vast mineral potential.

The prime minister highlighted the mining potential across Pakistan.

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Gulf Today

Words Of Truth speaks loud at G2 Mill Reef Stakes

Words Of Truth continued his ascent up the juvenile sprinting ranks with a professional display in the G2 Mill Reef Stakes at Newbury, UK, on Saturday.

time to read

2 mins

September 21, 2025

Gulf Today

Congress has no good excuse to keep trading stocks

In what’s become something of a ritual, members of Congress have lately been holding news conferences calling for stricter limits on their own stock trading. Americans love this idea, yet the bills have so far gone nowhere. Here’s hoping common sense may soon prevail.

time to read

2 mins

September 21, 2025

Gulf Today

Police surrounded my house at night, says ex-minister

Former minister Shireen Mazari said on Saturday that a “heavily armed raiding party” of the Islamabad police surrounded her house at lam and enquired about her daughter, Imaan Zainab Mazari-Hazir, and son-in-law, Hadi Ali Chattha.

time to read

1 mins

September 21, 2025

Gulf Today

Verstappen on pole in Baku after Piastri, Leclerc crash

Max Verstappen tiptoed through the hazards of a wild qualifying session featuring six red-flag stoppages on Saturday to claim pole position for the Azerbaijan Grand Prix.

time to read

2 mins

September 21, 2025

Gulf Today

Countdown begins for inaugural Al Ain Masters

The countdown is on for the Al Ain Masters 2025, with just 10 days to go before the world's top badminton stars gather at the Khalifa Bin Zayed Hall, Al Ain Club.

time to read

1 mins

September 21, 2025

Gulf Today

Gulf Today

Al Jazira rout Bani Yas, Al Wahda drub Al Dhafra

Al Jazira delivered a commanding performance to sweep aside Bani Yas 4-0 in matchweek four of the Adnoc Pro League on Friday.

time to read

2 mins

September 21, 2025

Gulf Today

Probe ordered into misconduct allegations against 4 DSPS

Sindh Inspector General of Police (IGP) Ghulam Nabi Memon has ordered an inquiry into serious misconduct allegations against four deputy superintendents of police (DSPs) in Karachi.

time to read

1 mins

September 21, 2025

Gulf Today

Man fined Dhs45,000 for damaging motorcycle

Al Dhafra Court of First Instance has ordered a man to pay Dhs45,000 in compensation to another after he unlawfully used and damaged the latter's motorcycle.

time to read

1 mins

September 21, 2025

Gulf Today

Gulf Today

Wanyonyi adds world 800m crown to Olympic gold, Chebet stuns Kipyegon

Emmanuel Wanyonyi and Beatrice Chebet made it a memorable night for Kenya at the world championships on Saturday as they produced outstanding performances to win the men's 800 metres and women's 5,000m respectively.

time to read

1 mins

September 21, 2025

Gulf Today

Gulf Today

Indonesia's surprise rate cut, growth gambit put rupiah in the crosshairs

Bank Indonesia's rate cut this week stunned markets for all the wrong reasons - investors fear the central bank is bowing to pressure from President Prabowo Subianto to juice the economy, compromising its independence and risking a rupiah selloff.

time to read

3 mins

September 21, 2025

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