ISLAMABAD: As a result of the extensive discussions that took place between Mubadala Petroleum, Pakistan’s Petroleum Ministry, Pak-Arab Refinery Limited (PARCO) and OMV, UAE Ambassador to Pakistan Hamad Obaid Ibrahim Salem Al-Zaabi announced that they are going to launch one of the biggest investments of worth $5 billion in a refinery project in Hub very soon.
With the two governments still finalising the minute details of this refinery project, the investment is a step towards strengthening Pakistan-UEA relations, he further said.
Prior to this announcement, many meetings had taken place regarding this project. Headed by the chief executive officer of Mubadala Petroleum, a UAE delegation had met with the Board of Investment (BoI) Chairman and the Petroleum Minister during a visit to Pakistan a few months ago.
For news and blogs, visit Graana.com.
ISLAMABAD: The Capital Development Authority (CDA) and the Asian Development Bank (ADB) have entered into…
Islamabad: The Capital Development Authority (CDA) has announced plans to issue possession letters to allottees…
Islamabad, [24 March 2025] – Graana.com, Pakistan's leading online real estate marketplace, is proud to…
Islamabad, Pakistan – March 2025: Graana.com, Pakistan’s leading real estate platform, has proudly partnered with…
KARACHI: Sindh Local Government Minister Saeed Ghani chaired a meeting on Monday to review measures…
ISLAMABAD: The Capital Development Authority (CDA) has unveiled plans to develop a modern food street…