SC recounts arbitration’s economic benefits
ISLAMABAD: The Supreme Court has underscored the significant economic benefits of arbitration as a cost-effective, efficient and confidential means of resolving disputes. “Arbitration alleviates the burden on national courts, enhances business productivity and provides a faster resolution process, thereby minimising disruptions to businesses,” said a judgement penned by SC senior puisne judge Syed Mansoor Ali […]
Turkish group bids below minimum fee for Islamabad Airport
ISLAMABAD: A Turkish consortium, the sole bidder to take over the operations of Islamabad airport, has offered a concession fee below the minimum threshold, the chairman of the bid evaluation committee said on Thursday. Pakistan is looking to generate revenue by speeding up a privatisation push, including outsourcing the running of three major airports. The […]
‘Nawaz needed ever more now’
LAHORE: Pakistan Muslim League-Nawaz (PML-N) may be in the process of a change in leadership at the helm of affairs, but many in the party assert that current supremo Nawaz Sharif should not hand over the reins just yet. It is likely that the party torch will be passed on to Punjab Chief Minister Maryam […]
Israel confirms Syria raid on missile factory in Sept
JERUSALEM: The Israeli military confirmed on Thursday that dozens of its troops were flown into Syria in September to destroy an underground missile factory funded by Iran. The military, which rarely comments on its activities inside Syria, said in a statement that the September 8 raid involved more than 100 Israeli commando soldiers who dismantled […]
24 killed as pro-Ankara factions clash with Syria’s Kurdish-led SDF
BEIRUT: At least 24 fighters, mostly from Turkish-backed groups, were killed in clashes with the Kurdish-led Syrian Democratic Forces (SDF) in the northern Manbij district, a war monitor said on Thursday. The violence killed 23 Turkish-backed fighters and one member of the SDF-affiliated Manbij Military Council, the Syrian Observatory for Human Rights said. The Britain-based […]