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The Ministry of Industries Will Include The Gems Sector: Aleem

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At the Prime Minister’s Gem Stones Steering Committee meeting in Islamabad, Federal Minister and Chairman Abdul Aleem Khan served as the chairperson.

The linkage of Gemstones to the Ministry of Industry was also decided upon during the meeting, taking into account the Sub-Committee’s recommendations.
Aleem Khan stated that in order to go forward with collaboration and coordinated efforts, the public and private sectors would make quicker, more deliberate decisions that will lead to expansion and advancement.

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According to Defense Minister Khawaja Muhammad Asif, accusations made against Pakistan by Bushra Bibi, the spouse of the PTI founder, are vile and disgusting because Pakistan has historical relations to the Kingdom of Saudi Arabia.

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The defense minister stated at a press conference in Islamabad that the Kingdom should not be involved in politics for selfish reasons because of our historical, religious, and economic ties with Saudi Arabia.

2.8 million Pakistanis work in Saudi Arabia and send millions of dollars in remittances, he added, adding that making unfounded accusations against the country will hurt Pakistan’s economy.

According to him, Saudi Arabia has always stood by Pakistan throughout its most trying moments, and Pakistanis have a deep affection and connection to the Kingdom.

There is a breach among PTI ranks and files, and Khawaja Asif stated that we have never witnessed such a low point in politics.

Given the gravity of the accusation, the Minister said, former Army Chief Gen. Qamar Javed Bajwa should respond right away.

The Khyber Pakhtunkhwa government should fight terrorism rather than target the city, he said, adding that the PTI’s demand for a demonstration on November 24 is the third strike on the federal capital.

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Irfan Siddiqui meets with the PM and informs him about the Senate performance of the parliamentary party.

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The head of the Senate’s Foreign Affairs Standing Committee and the PML-N’s parliamentary leader paid Prime Minister Muhammad Shehbaz Sharif a visit in Islamabad.

Senator Irfan Siddiqui gave the Prime Minister an update on the Parliamentary Party’s Senate performance.

Additionally, Senator Irfan Siddiqui gave the Prime Minister an update on the Senate Standing Committee on Foreign Affairs’ performance.

He complimented the Prime Minister on his outstanding efforts to bring Pakistan’s economy back on track and meet its economic objectives.

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SIFC Increases Direct Foreign Investment: Investment in the Energy Sector Rises by 120%

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The Special Investment Facilitation Council is intended to help Pakistan’s energy sector attract $585.6 million in direct foreign investment in 2024–2025. The amount invested at the same time previous year was $266.3 million.

This is a notable 120% rise, mostly due to investments in gas exploration, oil, and power. Such expansion indicates heightened investor confidence and emphasizes the development potential in important areas.

The State Bank reports that foreign investment in other vital industries has increased by 48% to $771 million.

This advancement is a blatant testament to SIFC’s efficient investment procedure and quick project execution.

The purpose of the Special Investment Facilitation Council is to establish Pakistan as an investment hub by aggressively promoting regional trade and investment in the energy sector and other critical industries.

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