Pakistan faces $2b arbitration case in K-Electric controversy

Pakistan faces b arbitration case in K-Electric controversy

ISLAMABAD: Saudi and Kuwaiti investors in K-Electric have initiated a $2 billion international arbitration case against Pakistan, citing regulatory interference, unpaid government dues, and the prolonged blocking of a $1.77 billion sale of the country’s largest private power utility. Filed on January 16, 2026, the arbitration is being handled by Steptoe International (UK) LLP and Omnia Strategy LLP on behalf …

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Gulf investors file $2b arbitration against Pakistan over K-Electric

Pakistan faces b arbitration case in K-Electric controversy

ISLAMABAD: Saudi and Kuwaiti investors in K-Electric have initiated a $2 billion international arbitration case against Pakistan, citing regulatory interference, unpaid government dues, and the prolonged blocking of a $1.77 billion sale of the country’s largest private power utility. Filed on January 16, 2026, the arbitration is being handled by Steptoe International (UK) LLP and Omnia Strategy LLP on behalf …

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Steven Bartlett faces celebrity backlash over Diary of a CEO podcast comments

Steven Bartlett faces celebrity backlash over Diary of a CEO podcast comments

Steven Bartlett, the millionaire entrepreneur and Dragons’ Den investor, is facing mounting criticism from celebrities and content creators after comments made on his podcast, Diary Of A CEO, sparked accusations that he is amplifying misogynistic narratives under the guise of long-form discussion. The backlash centres on a recent episode in which Bartlett, 33, discussed the so-called “male loneliness epidemic” with …

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“Pakistan’s future looks bright for investors, says Sameer Chishty”

“Pakistan’s future looks bright for investors, says Sameer Chishty”

Sameer Chishty emphasized that the focus of the day would remain entirely on investment opportunities in Pakistan. Web Desk January 21, 2026 DAVOS: Executive Chairman of AsiaPak Investments, Sameer Chishty, highlighted the promising investment potential in Pakistan during discussions at the Pakistani pavilion on the sidelines of the World Economic Forum (WEF) in Davos. Sameer Chishty emphasized that the focus …

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Using mobile devices at meals can impact kids’ growth

Using mobile devices at meals can impact kids’ growth

Experts warn that modern parenting practices, though often well-intentioned, may unintentionally harm children’s development. One common habit—handing children a mobile phone to keep them quiet or encourage eating—may seem convenient but carries long-term risks. During the early years, when a child’s brain, language, and emotional systems develop rapidly, excessive screen exposure can affect these processes for years. While screens may …

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Over a fifth of UK SMEs say trade tariff war remains their biggest challenge

Over a fifth of UK SMEs say trade tariff war remains their biggest challenge

More than one in five UK small and medium-sized enterprises say international trade tariff disputes remain the single biggest challenge facing their business, as global tensions continue to drive up costs and disrupt supply chains. New research from Paragon Bank, based on a survey of 1,000 SMEs, found that 21 per cent now view tariff wars as their most significant …

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Actress Saboor Aly trolls over outfit in Sajal Ali’s birthday photos

Actress Saboor Aly trolls over outfit in Sajal Ali’s birthday photos

The mixed reactions reignited debates on personal choice, fashion, and freedom of expression on social media platforms. Web Desk January 21, 2026 LAHORE: Actress Saboor Aly came under social media scrutiny after sharing heartfelt pictures of her sister and popular actress Sajal Ali on her birthday. The photos captured loving and joyful moments between the sisters, highlighting their close bond. …

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Pakistan, IsDB formalize $603m multi-project financing deals

Pakistan, IsDB formalize 3m multi-project financing deals

The funded projects include the M-6 Sukkur–Hyderabad Motorway, Poverty Graduation and PGEP. Web Desk January 21, 2026 ISLAMABAD: Pakistan and the Islamic Development Bank (IsDB) have signed three financing agreements worth $603 million following high-level negotiations held in the federal capital. According to an official statement issued by the Economic Affairs Division, the agreements were formally concluded after detailed discussions …

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Axi to Attend Money Expo Mexico 2026 – Showcasing Trading Solutions and Partnership Opportunities – Pakistan News Express

Axi to Attend Money Expo Mexico 2026 – Showcasing Trading Solutions and Partnership Opportunities – Pakistan News Express

SYDNEY, Jan. 21, 2026 (GLOBE NEWSWIRE) — Leading online FX and CFD broker Axi is set to participate in Money Expo Mexico 2026, taking place on February 18–19, 2026, at the Banamex Centre, Mexico City, as industry interest in multi-asset trading solutions and strategic partnerships continues to grow across the region. At the event, Axi will present its latest trading solutions. …

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UK inflation rises to 3.4%, first increase in five months

UK inflation rises to 3.4%, first increase in five months

UK inflation rose for the first time in five months over the Christmas period, driven by higher tobacco prices following tax rises announced by the chancellor and a sharp increase in airfares, according to official figures. Data published on Wednesday by the Office for National Statistics showed that consumer price inflation climbed to 3.4 per cent in December, up from …

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Scientists uncover brain’s secret response to sleeplessness

Scientists uncover brain’s secret response to sleeplessness

The research, conducted by the Massachusetts Institute of Technology (MIT) in the United States. Web Desk January 21, 2026 New research has revealed an unusual and unexpected process occurring in the brains of people suffering from sleep deprivation. According to the study, difficulties in maintaining focus, slower reaction times, and reduced thinking ability after poor sleep are not merely the …

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Gold hits historic high as prices exceed Rs500, 000 per tola

Gold hits historic high as prices exceed Rs500, 000 per tola

KARACHI: The gold prices once again surged to historic highs in both international and domestic markets. In the global bullion market, the price of gold jumped by a massive $127 per ounce, pushing the new all-time high to $4,840 per ounce. Similarly, in local bullion markets, the price of 24-karat gold per tola rose sharply by Rs12, 700, reaching a …

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