KARACHI – Pakistan Navy on Tuesday held the steel cutting ceremony of fourth MILGEM-Class Corvette ship at Karachi shipyard. Chief of the Naval Staff Admiral Muhammad Amjad Khan Niazi, who was the chief guest here, lauded the mutual cooperation between Ministry of Defence Production, Pakistan ...

The Indian ambassador to Turkey Sanjay Panda called for “course correction” in bilateral relations for “larger goals” of the two G20-member countries. Addressing a virtual meetup hosted by Cemal Demir, who leads the Istanbul-based think-tank South Asia Strategic Research Center (GASAM), ...

STM, a Turkish company specializing in defense and space engineering, technology, and consultancy, has awarded a contract to General Electric (GE) Marine to supply LM2500 marine gas turbines to power Pakistan Navy’s new MILGEM Ada Class multipurpose Corvettes. According to details, GE Marine ...

ISLAMABAD - Economic Coordination Committee has approved waiving off all port dues and charges amounting to 194.951 million rupees accruing against Turkish company, Karkey, on 31st of this month or till the vessels leave the port. Meeting of ECC was held in Islamabad today with Advisor to the ...

ISLAMABAD - The first vessel in the Pakistani Naval Forces' Agosta 90B Class Submarine Modernization Project, which provided Turkey with the first export in submarine design and engineering services, will be launched this month. In 2016, Defense Technologies Engineering and Trade (STM) won ...

ISLAMABAD - Prime Minister Imran Khan has announced that the Pakistani government, with the help of Turkish President Recep Tayyip Erdogan, has amicably resolved the Karkey dispute and helped Pakistan avoid paying the $1.2 billion penalty. In a Twitter message, he said the resolution of the ...

*KARACHI - **Sindh government makes a big offer to the Turkish company for operations in economic hub Karachi. * *The Government of Sindh offered on Monday a Turkish company to remove garbage from Karachi.* Officials of the Turkish company, OZPAK J V, met Sindh Chief Minister Murad Ali Shah ...

NEW DELHI — For the first time, India is taking punitive action against an overseas defense company that could see Turkish firm Anadolu Shipyard banned from doing defense-related business in India. The Turkish company’s defense ties with Indian rival Pakistan have grown recently, and the ...

ISLAMABAD - A Turkish firm is interested in investing in the Turkmenistan, Afghanistan and Pakistan (TAP) power project. In March last year, the Asian Development Bank (ADB) agreed to finance the project but according to DABS officials, the commitment has not been delivered on so far. According ...

LAHORE - A single wrong decision made by former CM Shahbaz Sharif has caused whopping loss of Rs 45 billion to the Punjab government, media report has revealed. In just seven years, Punjab govt had issued Rs70 billion to Lahore Waste Management Company thus inflicting a loss of Rs45 bln to ...