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 / Northern Pakistan: A 5.6 magnitude earthquake struck parts of northern Pakistan on Friday,…
Islamabad: National Highway Authority (NHA) Chairman Muhammad Sheheryar Sultan has announced that the authority has…
Lahore: In a landmark development, the Punjab Environment Department has issued its first-ever comprehensive environmental…
Islamabad, Oct 13: The Islamabad district administration has clarified that all roads in the federal…
Islamabad: Capital Development Authority (CDA) and the Overseas Pakistanis Foundation (OPF) have agreed to collaborate on…
Rawalpindi: The Rawalpindi Municipal Corporation (RMC) has finalized a phased plan to complete multiple ongoing…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
