Pakistan and Kuwait review trade, investment cooperation during bilateral consultations 

The delegation of Pakistan and Kuwait photo graphed during the fourth round of their Bilateral Political Consultations (BPC) in Kuwait on Wednesday. (Photo courtesy: @ForeignOfficePk/ X)
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Updated 15 May 2025
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Pakistan and Kuwait review trade, investment cooperation during bilateral consultations 

  • Fourth round of Pakistan-Kuwait Bilateral Political Consultations held in Kuwait, says Islamabad 
  • Pakistan has increasingly eyed trade, investment to ensure consistent, sustainable economic growth 

ISLAMABAD: Pakistani and Kuwaiti officials reviewed their countries’ cooperation in trade, investment, human resource collaboration and other economic spheres, the Pakistani foreign ministry said on Wednesday, as the two sides held their bilateral political consultations. 

Pakistan and Kuwait held the fourth round of their Bilateral Political Consultations (BPC) in Kuwait on Wednesday. The Kuwaiti delegation was led by Sameeh Essa Johar Hayat, the Gulf country’s assistant foreign minister (Asia Affairs) while Additional Foreign Secretary (Middle East) Shehryar Akbar Khan led the Pakistani side. 

“The two sides reviewed the entire spectrum of bilateral relations including trade, investment, human resource collaboration, consular and people-to-people contacts with a view to further enhance bilateral cooperation,” the statement said on Wednesday. 

It added that the two delegations also exchanged views on regional and international issues, and reaffirmed their commitment to continued cooperation and consultation.

“While expressing satisfaction over the upward trajectory in bilateral relations and the momentum of high-level interactions and exchanges, both sides agreed to further deepen engagement in diverse areas of mutual interest,” the Pakistani foreign ministry said. 
It said that the next round of the BPC between the two sides will take place in Islamabad on mutually agreed dates.
Since narrowly escaping a default in 2023, Pakistan has eyed increasing foreign trade and investment with regional allies, especially Gulf countries. 
Islamabad formed the Special Investment Facilitation Council (SIFC), a hybrid civil-military government body, tasked with attracting international investment in key economic sectors such as tourism, agriculture, livestock, mines and minerals and others. 


PCB sets Feb. 11 as date for player auction for Pakistan Super League 11th edition

Updated 25 January 2026
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PCB sets Feb. 11 as date for player auction for Pakistan Super League 11th edition

  • The squad composition would be a minimum of 16 players and a maximum of 20
  • The number of foreign players would be five to seven depending on the squad size

ISLAMABAD: The Pakistan Cricket Board (PCB) on Sunday announced that the player auction for the 11th edition of the Pakistan Super League (PSL) will be held on Feb. 11, setting the stage for franchises to begin assembling squads for the country’s premier Twenty20 tournament.

The development came after a workshop regarding PSL player auction at the Qaddafi Stadium, which was presided over by PCB Chairman Mohsin Naqvi and PSL CEO Salman Naseer.

The workshop was attended by PSL officials, all eight franchise representatives, members of Pakistan’s T20 World Cup squad, PCB officials and other capped players.

“The HBL PSL management shared a detailed presentation on the mechanics of the retention and the auction process and consulted with all the participants,” the PCB said.

“It was agreed that the HBL PSL player auction will take place on Wednesday, 11 February.”

The squad composition would be a minimum of 16 players and maximum of 20 players per franchise. The number of foreign players would be five to seven depending on the squad size, according to the PCB.

It would be mandatory for the franchises to play minimum of three and maximum of four foreign players in the playing XI. The teams are also required to have minimum of two uncapped Under 23 players in the squad and one in the playing XI.

Players either retained or picked in the auction will be engaged for two-year contracts with their respective franchise teams, the board said, adding that franchise teams will be able to retain a maximum of seven players for the 12th edition of the tournament.

“I’m delighted that a consultative and productive session was held between the franchises, players and management today resulting in informed and strategic decisions which will pave the way for bright future for the HBL PSL,” Naqvi said.

“The Player Auction model is a landmark step for the HBL PSL, offering players better financial opportunities through an increased salary purse and a transparent acquisition process, while making the league more competitive and attractive.”

PSL CEO Naseer said the player auction system modernizes player recruitment by promoting fairness, transparency, and market-driven value, strengthening the PSL’s appeal for both players and franchises.

“Today’s workshop saw all views being taken into consideration and this rich feedback will be reflected in our execution of a successful player auction scheduled next month,” he said.

PSL has become a key pillar of the country’s cricket economy, providing financial stability to the PCB and serving as a talent pipeline for the national team. The 11th edition of the league is set to begin from Mar. 26 while the final is expected to be played on May 3, as per the PCB’s schedule.