KARACHI: With holders Multan Sultans off to a flying start in their HBL Pakistan Super League title defence, coach Andy Flower and all-rounder Tim David are full of praise for how their captain Mohammad Rizwan is handling the side both on and off the pitch. Last year, Rizwan set a new record for most runs in a calendar year on his way to being named the best cricketer in the shortest format by the ICC. Although he might not have set the PSL alight with his batting, his captaincy has seen the Sultans open their campaign with four wins in…
Author: Hasnain Abid Khanzada
LAHORE: In an unusual development which may raise voices in support of freedom of expression, Olympian Rashid-ul-Hasan was banned by the Pakistan Hockey Federation (PHF) on Thursday for ten years allegedly for his offensive criticism over the decline of the country’s hockey on a social media platform. Rashid, the 1984 Los Angeles Olympic Games gold medallist, while categorically denying the allegations of using offensive language is considering the option to challenge the ban in the court of law. A PHF inquiry committee was constituted to see if Rashid had used abusive language against Prime Minister Imran Khan, who is also…
Karachi Kings’ pace duo Mohammad Amir and Mohammad Ilyas have been ruled out of the remainder of the Pakistan Super League (PSL) 2022 due to injuries, a statement from the franchise said on Friday. According to the Kings, Amir aggravated his back injury during the rehabilitation process and “shall also no longer be available to participate in the remainder of the HBL PSL 7”. “Amir has always been a King and the team wishes him the best in recovering to full fitness as he returns to his family soon.” Meanwhile, another fast bowler Ilyas, who had suffered a shoulder injury…
Pakistan Cricket Board (PCB) and Cricket Australia on Friday announced the revised schedule for Australia’s tour of Pakistan next month — its first since 1998 — during which three Tests, three one-day internationals and one Twenty20 International will be played. In a statement, the PCB said the Australian Test team will arrive in the country on February 27. After isolating in Rawalpindi for one day, they will start practicing at Pindi Cricket Stadium for the first Test that will be held at the same venue from March 4 to 8. They will then travel to Karachi for the second Test, scheduled…
The Pakistan Cricket Board (PCB) on Friday suspended Quetta Gladiators pacer Mohammad Hasnain from further participation in the ongoing seventh edition of the Pakistan Super League (PSL) as well as any form of international cricket after a bowling examination found that his right arm exceeds the permissible 15-degree limit. Hasnain’s bowling action was reported by umpires during a game between Sydney Thunder and Adelaide Strikers in Australia’s Big Bash League on January 2. He was subsequently tested at the International Cricket Council-accredited biomechanics laboratory in Lahore as the fast bowler was due to fly back home in time to compete…
KARACHI: Stock trading began on a positive note on Thursday as investors welcomed the approval of the $1 billion loan tranche by the International Monetary Fund (IMF). However, investors found it difficult to “digest” the physiological level of 46,000 points, said a note by Arif Habib Ltd. Resorting to across-the-board profit-taking, they dragged the benchmark index down to the red zone, with hefty trading taking place in third-tier stocks. As a result, the KSE-100 index lost 256.22 points or 0.56 per cent to close at 45,862.93 points. Market participation decreased 9.1pc to 328 million shares while the value of traded…
ISLAMABAD: A parliamentary committee on Thursday noted that most of the burden of security was being shouldered by the army and said that police and other stakeholders should also play their role in dispensation of security mechanism. The National Assembly’s Parliamentary Committee on China-Pakistan Economic Corridor (CPEC), which held its meeting in camera, appreciated the sacrifices rendered by Pakistan Army for the defence of the country and offered Fateha for the soldiers martyred in recent attacks in Panjgur and Nushki districts of Balochistan. The committee chairman MNA Sher Ali Arbab, while highlighting lacunas in coordination at various levels among ministries/divisions…
ISLAMABAD: The authorities have not been able to operationalise a $1.2 billion Saudi oil facility (SOF), owing to legal and procedural delays. The Saudi government had agreed to provide a $4.2bn economic support to Pakistan in June 2021 and then formally signed an agreement in November. The economic package included $3bn foreign exchange deposit in Pakistan’s account and $1.2bn in oil supplies at the rate of $100 million per month at an interest rate of 3.8 per cent — higher than the previous rate of 3.2pc. The interest rate on SOF is almost 1pc higher than that of 2.8pc by…
Karachi-based startup Truck It In, a road freight tech platform, has raised another $13 million in seed funding — which the startup says is the “largest” in the trucking space in the Middle East, North Africa and Pakistan (MENAP) region. The funding round was led by venture capital firms Global Founders Capital and Fatima Gobi Ventures and also saw participation from Wamda, Picus Capital, Millville, Graph Ventures, Zayn Capital, i2i Ventures, ADB Ventures, Cianna Capital, Reflect Ventures, and K3 Ventures. The latest round brings the total raised capital by the company to $17.5m, which will support Truck It In’s mission…
Pakistan and China on Friday inked the Framework Agreement on Industrial Cooperation under the China Pakistan Economic Corridor (CPEC) following Prime Minister Imran Khan’s arrival in Beijing the previous day. The prime minister is in China to attend the opening ceremony of the Winter Olympics and meet the Chinese leadership. State Minister and Chairman Board of Investment Mohammad Azfar Ahsan and Chairman National Development & Reform Commission (NRDC) He Lifeng signed the accord. The objective of the Joint Working Group (JWG) on Industrial Cooperation is to attract foreign direct investment (FDI), promote industrialisation and development of economic zones, and initiate, plan, execute,…
