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disaster. cnn's frederik pleitgen is joining me live from ramstein air base. what do we know about the new aid package? >> reporter: the secretary of defense made those remarks just a couple minutes ago here and you're right, it certainly comes at a really decisive time as the war is dragging on in ukraine. on the one hand the fighting around the zaporizhzhia power plant, but then also you have the ukrainians making gains in south of the country and also in the northeast of the country as well. the secretary of defense says the u.s. wants to make absolutely clear that they remain str...

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PESHAWAR: The issues arising out of land acquisition in tribal districts are causing prolonged delays in the construction of government office buildings even two years after the region’s merger with Khyber Pakhtunkhwa, sources say. Sources told Dawn that since the funds released for buying land and putting up buildings weren’t being spent, their utilisation by the relevant government departments had slowed down. They said after the extension of laws and government departments to the seven merged tribal districts, the government required buildings for district complexes to set up offices o...

Dubai: Dubai’s theme parks operator DXB Entertainment has called a meeting on Wednesday (December 30) to consider the buyout offer from its majority shareholder Meraas. The transaction, once effected, will lead to the eventual de-listing of DXBE. The DXBE stock has been quite volatile in recent trading sessions, and last Monday (December 21) saw the price drop by 5 per cent and thus hit the circuit-breaker. This came immediately after Meraas announced its intention to offer a buyout – at 8 fils a share – and recapitalise DXBE. On Sunday (December 27), it shed 4.81 per cent to 10 fils. ...

Dubai: Meraas Leisure and Entertainment LLC (Meraas), a holding company with multiple landmark projects across Dubai, Sunday announced its intention to undertake a capital restructuring of DXB Entertainments PJSC (DXBE). The proposal also includes a conditional cash offer to acquire 100 per cent of the issued and paid up ordinary share capital of the DXBE. “As the majority shareholder of DXBE, Meraas intends to launch the proposed offer to support DXBE’s prospects given its financial condition,” Meraas said in a statement. The proposed transaction intends to provide DXBE with a sustaina...