Author: MM Report
MM Report DAVOS: Finance and Revenue Minister, Senator Muhammad Aurangzeb, met with Saudi Arabia’s Minister of Investment, Khalid Al-Falih, on the sidelines of the World Economic Forum Annual Meeting in Davos, in what officials described as a constructive dialogue aimed at deepening bilateral economic cooperation. During the meeting, both ministers reviewed progress on ongoing projects and discussed plans for future collaboration across multiple sectors. The discussions highlighted the growing economic ties between the two countries and the mutual interest in leveraging strategic opportunities for investment and development. Al-Falih reportedly expressed appreciation for Pakistan’s potential, citing its abundant natural resources, strategic…
MM Report DAVOS: Azerbaijan’s state oil company, SOCAR, has signaled that it will soon finalize an investment in Pakistan’s oil and gas sector. The announcement came after a high-level business roundtable chaired by the federal finance minister, Senator Muhammad Aurangzeb, on the sidelines of the World Economic Forum annual meeting in Davos. SOCAR is expected to complete the investment during February. The news was shared by SOCAR president Rovshan Najaf during discussions with the finance minister. He described Pakistan as a natural long-term energy partner, citing the country’s deepening market, growing energy demand, and ongoing reforms in the oil and…
Prime Minister Sharif calls for steadfast diplomacy, urging Pakistan and regional powers to embrace dialogue and cooperation as the path to lasting peace MM Report DAVOS, SWITZERLAND: Prime Minister Shehbaz Sharif, alongside a host of world leaders, formally endorsed the Gaza Board of Peace charter at a ceremony in Davos on Thursday. The event marked a significant diplomatic moment aimed at addressing some of the world’s most persistent conflicts. The initiative, led by former US President Donald Trump, was described by organizers as a concerted effort to foster dialogue and cooperation among nations committed to global stability and the peaceful…
MM Report DAVOS: Finance Minister Muhammad Aurangzeb met with Bill Gates on the sidelines of the World Economic Forum’s annual meeting in Davos, where discussions centered on Pakistan’s ongoing reform agenda, public health priorities, and ways to strengthen cooperation with the Gates Foundation to support sustainable development and institutional capacity building. During the meeting, Aurangzeb acknowledged the Foundation’s long-standing support to Pakistan, highlighting its pivotal role in the country’s polio eradication efforts. He praised the continued engagement of the Foundation in addressing public health challenges and in strengthening service delivery across the nation, noting that such partnerships had been crucial…
MM Report DAVOS, SWITZERLAND: Canadian Prime Minister Mark Carney delivered a stark warning to the world at the World Economic Forum in Davos yesterday, describing the old world order as being in the “midst of a rupture” and suggesting it was unlikely to return. Speaking to global leaders and business figures, Carney avoided naming US President Donald Trump directly, but his remarks were widely interpreted as a critique of growing unilateralism and protectionist policies on the international stage. Carney’s speech comes amid rising tensions over Trump’s threat to impose tariffs on European countries that resist his attempts to assert influence…
Prime Minister Sharif promised a bold vision of rapid national development, stronger global partnerships, and transformative growth shaping Pakistan’s future MM Report DAVOS: At the World Economic Forum in Davos on Thursday, Pakistan’s Prime Minister Shehbaz Sharif outlined an ambitious vision for his country’s economic growth, highlighting significant strides in agriculture, industry, mining, and technology, particularly Artificial Intelligence (AI) and Information Technology (IT). Speaking to a Pakistani news channel on the sidelines of the forum, Prime Minister Sharif projected a future of rapid development and increased international collaboration. He painted an optimistic picture of Pakistan’s economic recovery, noting that recent…
Aurangzeb hailed the initiative as a key step in Pakistan’s broader strategy to re-engage global capital markets and lure foreign investment MM Report DAVOS: Finance Minister Muhammad Aurangzeb outlined the government’s intentions during an interview with Bloomberg at the World Economic Forum in Davos, emphasizing that international financial advisers would be appointed in the coming weeks to guide a new bond issuance. Aurangzeb described the initiative as part of a wider strategy to reconnect Pakistan with global capital markets and attract international investment. For the first time, he said, the country was also preparing to issue panda bonds, denominated in…
MM Report DAVOS: The International Monetary Fund’s Managing Director, Kristalina Georgieva, praised Pakistan’s recent reform efforts and stressed the need to sustain momentum to ensure long-term economic resilience. Her remarks came during a meeting with Prime Minister Shehbaz Sharif on the sidelines of the 56th Annual Meeting of the World Economic Forum in Davos. During the discussion, Prime Minister Sharif briefed Georgieva on Pakistan’s improving macroeconomic indicators, ongoing stabilization measures, and progress on structural reforms. PM Shehbaz highlighted the government’s commitment to fiscal discipline, enhanced revenue mobilization, and policies aimed at promoting sustainable growth, signaling a more predictable and investor-friendly…
MM Report SYDNEY: Former Australia batsman Mark Waugh said the Sydney Sixers might need to rethink their top-order combination ahead of the Big Bash League knockout match scheduled for January 23, suggesting that Babar Azam could be left out of the playing XI for the must-win fixture. Speaking during television commentary on the Hobart Hurricanes’ knockout clash against the Melbourne Stars, Waugh questioned whether the Sixers’ current batting setup was delivering the urgency required in high-pressure games. He said the side might benefit from a more explosive option at the top of the order, particularly in matches where fast starts…
MM Report DHAKA: Jamaat-e-Islami has secured 215 seats within a 10-party electoral alliance, while seven seats remain undecided, according to party officials. The remaining seats have been allocated among other alliance members, reflecting a complex distribution ahead of the upcoming national elections. The allocation breakdown includes the National Citizens’ Party (NCP) with 30 seats, Bangladesh Khilafat Majlis 23 seats, Khilafat Majlis 10 seats, Liberal Democratic Party (LDP) 7 seats, Bangladesh Nezam-e-Islami Party 3 seats, Amar Bangladesh Party 3 seats, and Bangladesh Development Party 2 seats. Maulana Gazi Ataur Rahman, Jamaat-e-Islami’s assistant secretary general and spokesperson, confirmed that the final tally…