According to the IHT, held by the New York Times Company, the market-focused publication is the ninth of its kind worldwide for the IHT, and the third in Asia-Pacific. The IHT currently has market-dedicated titles in Korea and Japan.
Of the IHT’s decision to partner with CPPL, IHT publisher Stephen Dunbar-Johnson said in a statement that, “It is especially important, at this time, to deliver independent journalism to Pakistan, a country that is at the center of world attention.”
CPPL currently publishes Pakistan’s leading Urdu-language newspaper, the Daily Express, which is distributed across 11 cities in Pakistan, and airs a 24-hour English-language news channel "Express 24/7" and a 24-hour Urdu-language news channel.
"Pakistan is undeniably facing much social and political turmoil at present but we believe that this only increases the need for a credible and authoritative news source,” said Bilal Lakhani, the publisher of the forthcoming English newspaper from CPPL, in a statement. “This alliance … reflects our strong belief that the broader trends in Pakistan such as rising literacy, a growing middle-class and growth of English-language usage are positive."
The Paris-based IHT is currently printed at 35 sites throughout worldwide and is for sale in more than 180 countries.