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Waqar Younis assumes his new position at the PCB.

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The chairman has designated Waqar to supervise all matters pertaining to cricket. His first task will be the forthcoming home Test series against Bangladesh.

In preparation for the Test series, which is set to begin on August 21, the former head coach will work with the selectors and coaches.

For those who don’t know, rumours surfaced on Tuesday stating that Waqar Younis will now have the authority to make cricket-related decisions instead of PCB Mohsin Naqvi.

The sources added that Waqar would be in charge of all decisions pertaining to domestic and international selection committees, players’ No Objection Certificates (NOCs), and other significant cricket-related concerns, while Naqvi would handle just the administrative duties.

At the moment, Naqvi is concentrating on the logistical problems associated with the 2025 ICC Men’s Champions Trophy, which Pakistan is set to host.

The PCB Constitution 2014 states that the chairman may assign authority to another person, which permits Waqar to receive power.

Before he retired in 2003, Waqar was the bowling coach and head coach of the Pakistan cricket team.

However, sources say that Mohsin Naqvi will take over as the Asian Cricket Council’s (ACC) new president for a two-year term.

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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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Speaking to a press conference, Marriyum Aurangzeb says the PML-N government has restored the trust of investors.

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According to Marriyum Aurangzeb, senior Punjab minister, the PML-N government has won back the trust of investors by making strides in a number of areas, including agriculture.

Marriyum Aurangzeb, speaking at a press conference in Lahore, emphasized the Punjab government’s initiatives to bring about major changes in the province, particularly in Lahore.

Marriyum Aurangzeb stated that in order to guarantee sustainable growth, the master plan for Lahore has been completed, and plans of a similar nature are being worked on for other districts.

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