Omani Ambassador Fahad Sulaiman Khalaf Al Kharusi shakes hands with PM Shehbaz Sharif.—APP
Omani Ambassador Fahad Sulaiman Khalaf Al Kharusi shakes hands with PM Shehbaz Sharif.—APP

ISLAMABAD: Abu Dhabi will invest $250 million in 10 years in the Karachi Port to upgrade it for boosting economic activities.

According to the PM Office, Abu Dhabi Ports Pakistan CEO Khurram Aziz Khan on Friday called on Prime Minister Shehbaz Sharif and informed him that the company would invest $250m in the port during the next 10 years.

Accompanied by a delegation, the company’s CEO explained that a fully equipped multipurpose terminal would be completed within two years with an investment of $130m. With the new infrastructure, cargo ships of up to 120,000-tonne capacity would be able to anchor at the port. The PM called for using modern technology and machinery to improve cargo and container handling at the port besides reducing the clearance time.

PM offers help to Oman in investigating terror attack

Huawei delegation

Later, PM Shehbaz in a meeting with a four-member delegation, led by Huawei Pakistan CEO Ethan Sun, said Pakistan’s IT exports would rise with Huawei’s annual professional training to 300,000 Pakistani students. Collaboration with Huawei was essential for providing advanced IT training to young people in various fields, he said, adding that the government would give priority to people of Balochistan for this training. On the occasion, Huawei expressed interest in collaborating with the Pakistani government to transform Islamabad into a smart city.

Omani ambassador

At a separate meeting with Ambassador of the Sultanate of Oman, Fahad Sulaiman Khalaf Al Kharusi, PM Shehbaz condemned the dastardly terrorist attack on Imambargah Ali bin Abu Talib in Muscat and offered Pakistan’s support to Oman in dealing with terrorism.

He also appreciated Oman’s swift response and cooperation with the Pakistan mission in repatriation of the bodies and treatment of the injured.

Published in Dawn, July 20th, 2024

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

More than words
Updated 04 Apr, 2025

More than words

Holistic development can only work when there is organic and credible political activity in the province.
Poor publicity
04 Apr, 2025

Poor publicity

FORTUNE does not seem to be favouring the PTI — at least not yet. With the party’s founder confined from public...
Party pooper
04 Apr, 2025

Party pooper

INDIA’s role of a spoilsport is tiresome. From pulling books from shelves, such as Wendy Doniger’s The Hindus: ...
Canal unrest
Updated 03 Apr, 2025

Canal unrest

With rising water scarcity in Indus system, it is crucial to move towards a consensus-driven policymaking process.
Iran-US tension
03 Apr, 2025

Iran-US tension

THE Trump administration’s threats aimed at Iran do not bode well for global peace, and unless Washington changes...
Flights to history
03 Apr, 2025

Flights to history

MOHENJODARO could have been the forgotten gold we desperately need. Instead, this 5,000-year-old well of antiquity ...