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Saudi Group initiates legal action in Pakistan for enforcement of LCIA Award

Aljomaih Group seeks redressal in Sindh High Court under Section 6 of Recognition and Enforcement (Arbitration Agreements and Foreign Arbitral Awards) Act of 2011

Saudi-arabia , Cayman , 00 , Cayman-islands , New-york , United-states , Pakistan , United-kingdom , London , City-of , Pakistani , Saudi

Key agreements with KE delayed amidst cabinet objections

ECC to reconvene early next week to address members’ observations

Jamshoro , Sindh , Pakistan , Karachi , Islamabad , Akhtar-soomro , Anwaarul-haq-kakar , Power-division , Aljomaih-group , Central-power-purchase-agency , Ministry-of-planning , Reuters

Saudi minister seeks govt's intervention for resolution of KE issue

ISLAMABAD: Saudi Minister for Investment Khalid A Al-Falih has sought intervention of caretaker Minister for Finance...

Pakistan , Saudi-arabia , Islamabad , Saudi-arabian , Saudi , Khalida-al-falih , Shan-ashary , Shamshad-akhtar , Aljomaih-group , Saudi-minister , Investment-khalid , Revenue-dr-shamshad-akhtar

IHC directs FIA to decide action on Saudi investors' complaint in two weeks

ISLAMABAD/LONDON: The Islamabad High Court has directed the Federal Investigation Agency to take decision on complaints filed before it by a subsidiary of Aljomaih Group in accordance with law in...

Islamabad , Pakistan , Saudi-arabia , Aljomaih-group , White-crystals , Busicentco-incorporated , Growth-capital-fund , Investigation-agency , Islamabad-high-court , Federal-investigation-agency , Babar-sattar

Saudi investors approach IHC seeking action against FIA

LONDON: Karachi Electric’s Saudi investors have filed a writ petition with the Islamabad High Court requesting action against the perceived inaction of the Federal Investigation Agency in...

Saudi-arabia , Mauritius , London , City-of , United-kingdom , Islamabad , Pakistan , Karachi , Sindh , Mauritian , Saudi , Danyal-arshad-chishty

Saudi investors move IHC for action against FIA

Investors file plea over potential misappropriation of Rs10.5bn in funds, especially sale proceeds from investment firm in Pakistan

Mauritius , Pakistan , Karachi , Sindh , Saudi-arabia , Islamabad , London , City-of , United-kingdom , Mauritian , Saudi , Danyal-arshad-chishty

Shanghai Electric shows interest in KE again

Ashary hopes Chinese firm will offer $2b to buy Karachi’s power utility now

Shanghai , China , Saudi-arabia , Kuwait , Karachi , Sindh , Pakistan , Saudi , Kuwaiti , Chinese , Pakistani , Shan-abbas-ashary

Another twist in battle for K-Electric ownership

LONDON: A legal dispute has broken out into the open between Ernst & Young and Infrastructure Growth and Capital Fund SPV 21, a Cayman Island entity under the control of Shaheryar Arshad...

London , City-of , United-kingdom , Cayman , 00 , Cayman-islands , Saudi-arabia , Pakistan , Kuwait , Karachi , Sindh , Saudi

Another twist in battle for K-Electric ownership

Dispute emerged when majority ownership of IGCF SPV 21 recently changed hands

Cayman , 00 , Cayman-islands , London , City-of , United-kingdom , Kuwait , Saudi-arabia , Pakistan , Karachi , Sindh , Saudi

Cayman Grand Court allows Pakistan proceedings to continue in the KE takeover battle

Cayman Grand Court allows Pakistan proceedings to continue in the KE takeover battle
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Kuwait , Pakistan , Shanghai , China , British-virgin-islands , Karachi , Sindh , Cayman , 00 , Cayman-islands , Pakistani , Shehryar-chishti