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Pakistan, China have emphasised need to further enhance scope of CPEC: minister

ISLAMABAD: Minister of Planning, Development and Reform Makhdum Khusro Bakhtiar on Friday said Pakistan and China had decided that the scope of the China-Pakistan Economic Corridor (CPEC) needed to be further broadened.           "We have already expanded the scope of the CPEC in Joint Coordination Committee," he said in an interview with local Chinese TV channel in Beijing. To a query about opening up of the CPEC to other countries, he said there were a couple of projects which could attract trilateral or collateral…

Saudi corruption settlements will net ‘not significantly less’ than $13 billion in 2019: minister

RIYADH: Saudi Arabia’s finance minister said on Wednesday that cash settlements from an anti-corruption campaign would net “not significantly less” in 2019 than the 50 billion Saudi riyals ($13.3 billion) collected in 2018. Mohammed al-Jadaan also said in a Reuters interview that construction giant Saudi Binladin Group, in which the government took a roughly one third stake under the campaign, would soon have a “normal board” with family members and representatives of government ownership. He added that the kingdom’s…