CNBC Pakistan Launch Moves Closer

CNBC Pakistan, Pak Oman Invenstment Company and Saudi Pak Industrial & Agricultural Investment Company signed a shareholders agreement to bring the world-acclaimed business network to Pakistan, says a Press release. CNBC Pakistan will be boadcasted from state of the art studios and production facilities in Karachi, Islamabad and Lahore and will transmit live programming in both Urdu and in English from a Pakistani perspective, 24-hours a day, 7 days a week.

"CNBC Pakistan moves closer to launch in the first quarter of 2005 with the signing of finance agreements with Pakistan's leading financial insitutions…

"CNBC Pakistan will be a notable addition to the Pakistani media landscape," remarked Siddiqi. "It will utilise the global resources of the CNBC network to deliver a continuous flow of relevant, engaging news from all of the Pakistani markets and from business centres around the world…

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