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Print - 2012-11-12
Petraeus may be called in US inquiry on Benghazi: Feinstein

Petraeus may be called in US inquiry on Benghazi: Feinstein

Despite an adultery scandal that ended David Petraeus' tenure as CIA chief, the general may be called to testify in a Senate inquiry into the killing of four Americans at the US consulate in Benghazi, Libya, Senator Dianne Feinstein said Sunday.
Published 12 Nov, 2012 12:00am
Message from Chairman SECP

Message from Chairman SECP

On their fiftieth anniversary, I would like to congratulate the management of the National Investment Trust Limited (NIT) for having played a pioneering and critical role in defining where the mutual funds industry stands today in Pakistan.
Published 12 Nov, 2012 12:00am
Message from Chairman MUFAP

Message from Chairman MUFAP

I congratulate NIT for successfully completing 50 years of operations in the Mutual Fund Industry. As the Chairman MUFAP, it is my privilege to be part of an industry with members as outstanding as NIT who has over the years, facilitated small, medium and
Published 12 Nov, 2012 12:00am
NITL: 50 years of successful operations

NITL: 50 years of successful operations

It is an occasion of immense pleasure and pride for NIT to complete its 50years of successful operations in the mutual fund industry. The institution has been providing un-tiring service to small, medium and large investors.
Published 12 Nov, 2012 12:00am
NIT turns 50 and still batting

NIT turns 50 and still batting

National Investment Trust Limited (NITL) is the premier, oldest and largest Asset Management Company of Pakistan. 12th November has a special significance for this National Financial Institution as it signifies the starting point of NIT's Golden Jubilee.
Published 12 Nov, 2012 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (November 5 to 8 2012).

Published 12 Nov, 2012 12:00am
The Weather

The Weather

The weather report on Sunday (November 11, 2012) and the forecast for Monday (November 12, 2012).

Published 12 Nov, 2012 12:00am
Palestinian UN non-state bid this month: Abbas

Palestinian UN non-state bid this month: Abbas

The Palestinians will submit a bid to the General Assembly for non-state membership of the United Nations later this month, president Mahmud Abbas said on Sunday. "We're going to the United Nations in November 2012, not 2013, or 2014," Abbas said at an ev
Published 12 Nov, 2012 12:00am
Palestinian UN non-state bid this month: Abbas

Palestinian UN non-state bid this month: Abbas

The Palestinians will submit a bid to the General Assembly for non-state membership of the United Nations later this month, president Mahmud Abbas said on Sunday. "We're going to the United Nations in November 2012, not 2013, or 2014," Abbas said at an ev
Published 12 Nov, 2012 12:00am
THE RUPEE: gaining ground

THE RUPEE: gaining ground

The rupee recovered slightly against the US dollar in the interbank market. The domestic currency, however, dropped against the greenback during the week ended on November 10.
Published 12 Nov, 2012 12:00am
THE RUPEE: gaining ground

THE RUPEE: gaining ground

The rupee recovered slightly against the US dollar in the interbank market. The domestic currency, however, dropped against the greenback during the week ended on November 10.
Published 12 Nov, 2012 12:00am
All Afghan insurgents urged to pursue peace

All Afghan insurgents urged to pursue peace

Pakistan hopes to persuade Afghan insurgent groups, including the lethal Haqqani network, to pursue peace but worries resistance from political factions opposed to the Taliban could undermine reconciliation efforts, ambassador Mohammad Sadiq said.
Published 12 Nov, 2012 12:00am
All Afghan insurgents urged to pursue peace

All Afghan insurgents urged to pursue peace

Pakistan hopes to persuade Afghan insurgent groups, including the lethal Haqqani network, to pursue peace but worries resistance from political factions opposed to the Taliban could undermine reconciliation efforts, ambassador Mohammad Sadiq said.
Published 12 Nov, 2012 12:00am
Four civilians killed by Afghan firing

Four civilians killed by Afghan firing

Afghan National Army troops on Sunday evening fired mortar rounds from KK top killing four civilians including two children in north of Niz Narai, military sources said here. According to immediate news available, today at 1710 hours, Afghan National Army
Published 12 Nov, 2012 12:00am
Four civilians killed by Afghan firing

Four civilians killed by Afghan firing

Afghan National Army troops on Sunday evening fired mortar rounds from KK top killing four civilians including two children in north of Niz Narai, military sources said here. According to immediate news available, today at 1710 hours, Afghan National Army
Published 12 Nov, 2012 12:00am
Peace envoy due today

Peace envoy due today

Islamabad and Kabul today (Monday) will hold three-day talks on achieving peace in Afghanistan. A delegation of High Peace Council of Afghanistan, led by its Chairman Salahuddin Rabbani, will visit Islamabad from November 12-14. Rabbani was invited by For
Published 12 Nov, 2012 12:00am
Peace envoy due today

Peace envoy due today

Islamabad and Kabul today (Monday) will hold three-day talks on achieving peace in Afghanistan. A delegation of High Peace Council of Afghanistan, led by its Chairman Salahuddin Rabbani, will visit Islamabad from November 12-14. Rabbani was invited by For
Published 12 Nov, 2012 12:00am
Newborn baby among six killed in Afghan blast

Newborn baby among six killed in Afghan blast

A mother and her newborn baby were among six family members killed in a roadside bombing in eastern Afghanistan overnight, police and witnesses said Sunday.
Published 12 Nov, 2012 12:00am
Newborn baby among six killed in Afghan blast

Newborn baby among six killed in Afghan blast

A mother and her newborn baby were among six family members killed in a roadside bombing in eastern Afghanistan overnight, police and witnesses said Sunday.
Published 12 Nov, 2012 12:00am
Small contraction in Iran economy over oil ban: IMF

Small contraction in Iran economy over oil ban: IMF

Economic performance in Iran has shown a small contraction because of a Western ban on oil exports whose impact is spilling over into other sectors, the International Monetary Fund said on Sunday.
Published 12 Nov, 2012 12:00am
Small contraction in Iran economy over oil ban: IMF

Small contraction in Iran economy over oil ban: IMF

Economic performance in Iran has shown a small contraction because of a Western ban on oil exports whose impact is spilling over into other sectors, the International Monetary Fund said on Sunday.
Published 12 Nov, 2012 12:00am
Small contraction in Iran economy over oil ban: IMF

Small contraction in Iran economy over oil ban: IMF

Economic performance in Iran has shown a small contraction because of a Western ban on oil exports whose impact is spilling over into other sectors, the International Monetary Fund said on Sunday.
Published 12 Nov, 2012 12:00am
Swiss seek progress on US tax deal

Swiss seek progress on US tax deal

Switzerland hopes to restart talks with the US over a long-simmering tax dispute following the re-election of president Obama, its economy minister was quoted as saying on Sunday. Switzerland is trying to reach a deal to end investigations by US tax autho
Published 12 Nov, 2012 12:00am
Swiss seek progress on US tax deal

Swiss seek progress on US tax deal

Switzerland hopes to restart talks with the US over a long-simmering tax dispute following the re-election of president Obama, its economy minister was quoted as saying on Sunday. Switzerland is trying to reach a deal to end investigations by US tax autho
Published 12 Nov, 2012 12:00am
Swiss seek progress on US tax deal

Swiss seek progress on US tax deal

Switzerland hopes to restart talks with the US over a long-simmering tax dispute following the re-election of president Obama, its economy minister was quoted as saying on Sunday. Switzerland is trying to reach a deal to end investigations by US tax autho
Published 12 Nov, 2012 12:00am
Efta likely to sign pact today to boost exports

Efta likely to sign pact today to boost exports

Pakistan and European Free Trade Association (Efta) are likely to sign trade pact on Monday (today) in Geneva, Switzerland, boosting domestic exports, officials told Business Recorder. Efta is a free trade area comprising Switzerland, Norway, Icela
Published 12 Nov, 2012 12:00am
Efta likely to sign pact today to boost exports

Efta likely to sign pact today to boost exports

Pakistan and European Free Trade Association (Efta) are likely to sign trade pact on Monday (today) in Geneva, Switzerland, boosting domestic exports, officials told Business Recorder. Efta is a free trade area comprising Switzerland, Norway, Icela
Published 12 Nov, 2012 12:00am
Efta likely to sign pact today to boost exports

Efta likely to sign pact today to boost exports

Pakistan and European Free Trade Association (Efta) are likely to sign trade pact on Monday (today) in Geneva, Switzerland, boosting domestic exports, officials told Business Recorder. Efta is a free trade area comprising Switzerland, Norway, Icela
Published 12 Nov, 2012 12:00am
ECC likely to approve monthly oil price review

ECC likely to approve monthly oil price review

The Economic Co-ordination Committee (ECC) of Cabinet is likely to approve a monthly oil pricing mechanism. According to the sources, the Ministry of Petroleum and Natural Resources will table the summery before the Economic Co-ordination Committee of the
Published 12 Nov, 2012 12:00am
ECC likely to approve monthly oil price review

ECC likely to approve monthly oil price review

The Economic Co-ordination Committee (ECC) of Cabinet is likely to approve a monthly oil pricing mechanism. According to the sources, the Ministry of Petroleum and Natural Resources will table the summery before the Economic Co-ordination Committee of the
Published 12 Nov, 2012 12:00am
ECC likely to approve monthly oil price review

ECC likely to approve monthly oil price review

The Economic Co-ordination Committee (ECC) of Cabinet is likely to approve a monthly oil pricing mechanism. According to the sources, the Ministry of Petroleum and Natural Resources will table the summery before the Economic Co-ordination Committee of the
Published 12 Nov, 2012 12:00am
11 more killed in Karachi

11 more killed in Karachi

At least 11 more people were killed while several others injured in different incidents of violence in the city, police and rescue sources said on Sunday. A man, his son and servant were killed in a firing incident in the Islam Chowk area of Orangi town i
Published 12 Nov, 2012 12:00am
11 more killed in Karachi

11 more killed in Karachi

At least 11 more people were killed while several others injured in different incidents of violence in the city, police and rescue sources said on Sunday. A man, his son and servant were killed in a firing incident in the Islam Chowk area of Orangi town i
Published 12 Nov, 2012 12:00am
No budgetary support provided by donors yet: data

No budgetary support provided by donors yet: data

The Asian Development Bank (ADB) and the World Bank have not provided any on-budget support to Pakistan during the current fiscal year, belying government data which showed the financial assistance being provided by these multinational institutions as 'bu
Published 12 Nov, 2012 12:00am
No budgetary support provided by donors yet: data

No budgetary support provided by donors yet: data

The Asian Development Bank (ADB) and the World Bank have not provided any on-budget support to Pakistan during the current fiscal year, belying government data which showed the financial assistance being provided by these multinational institutions as 'bu
Published 12 Nov, 2012 12:00am
No budgetary support provided by donors yet: data

No budgetary support provided by donors yet: data

The Asian Development Bank (ADB) and the World Bank have not provided any on-budget support to Pakistan during the current fiscal year, belying government data which showed the financial assistance being provided by these multinational institutions as ''b
Published 12 Nov, 2012 12:00am
Bulls dominate KSE

Bulls dominate KSE

A bullish trend persisted on the Karachi share market during the outgoing week ended November 8 and the benchmark KSE-100 index closed at its highest-ever level. The index increased by 142 points on week-on-week basis and closed at the level of 16,243 poi
Published 12 Nov, 2012 12:00am
Bulls dominate KSE

Bulls dominate KSE

A bullish trend persisted on the Karachi share market during the outgoing week ended November 8 and the benchmark KSE-100 index closed at its highest-ever level. The index increased by 142 points on week-on-week basis and closed at the level of 16,243 poi
Published 12 Nov, 2012 12:00am
Bulls dominate KSE

Bulls dominate KSE

A bullish trend persisted on the Karachi share market during the outgoing week ended November 8 and the benchmark KSE-100 index closed at its highest-ever level. The index increased by 142 points on week-on-week basis and closed at the level of 16,243 poi
Published 12 Nov, 2012 12:00am
Futures spreads down by 396 basis points

Futures spreads down by 396 basis points

The futures spreads declined by 396 basis points (bps) during the outgoing week ended November 8 to 4.3 percent. Trading activity at the futures counter improved as average daily volumes increased by 40.2 percent to 14.83 million shares. The daily average
Published 12 Nov, 2012 12:00am
Futures spreads down by 396 basis points

Futures spreads down by 396 basis points

The futures spreads declined by 396 basis points (bps) during the outgoing week ended November 8 to 4.3 percent. Trading activity at the futures counter improved as average daily volumes increased by 40.2 percent to 14.83 million shares. The daily average
Published 12 Nov, 2012 12:00am
Futures spreads down by 396 basis points

Futures spreads down by 396 basis points

The futures spreads declined by 396 basis points (bps) during the outgoing week ended November 8 to 4.3 percent. Trading activity at the futures counter improved as average daily volumes increased by 40.2 percent to 14.83 million shares. The daily average
Published 12 Nov, 2012 12:00am
Futures spreads down by 396 basis points

Futures spreads down by 396 basis points

The futures spreads declined by 396 basis points (bps) during the outgoing week ended November 8 to 4.3 percent. Trading activity at the futures counter improved as average daily volumes increased by 40.2 percent to 14.83 million shares. The daily average
Published 12 Nov, 2012 12:00am
Iqbal Haider passes away

Iqbal Haider passes away

Former federal law minister Iqbal Haider passed away on Sunday in Karachi. He was 67. He was suffering from a lung disease and breathed his last at a hospital in Karachi. His funeral prayers would be offered on Monday (today) at the Masjid-i-Tasrab Imamba
Published 12 Nov, 2012 12:00am
Iqbal Haider passes away

Iqbal Haider passes away

Former federal law minister Iqbal Haider passed away on Sunday in Karachi. He was 67. He was suffering from a lung disease and breathed his last at a hospital in Karachi. His funeral prayers would be offered on Monday (today) at the Masjid-i-Tasrab Imamba
Published 12 Nov, 2012 12:00am
Obama hails end of 'decade of war' on Veterans Day

Obama hails end of 'decade of war' on Veterans Day

US President Barack Obama marked Veterans Day Sunday by celebrating the fact that America's painful decade of war in Iraq and Afghanistan is coming to a close. Under glorious autumn sunshine, Obama placed a wreath at Arlington National Cemetery in memory
Published 12 Nov, 2012 12:00am
EgyptAir to let hostesses wear headscarves

EgyptAir to let hostesses wear headscarves

EgyptAir is allowing its stewardesses to wear Islamic headscarves if they wish on flights to Arab states and will expand the practice to the rest of the network, an official said on Sunday, ending a restriction imposed in Hosni Mubarak's era. It follows a
Published 12 Nov, 2012 12:00am
Poor nations dismayed by looming climate aid gap

Poor nations dismayed by looming climate aid gap

Rich nations are dismaying developing countries with pledges merely to continue aid to help them combat climate change in 2013 despite past promises of a tenfold surge to $100 billion a year by 2020.
Published 12 Nov, 2012 12:00am
Iran warns US it will act firmly if airspace violated

Iran warns US it will act firmly if airspace violated

Iran warned on Sunday it will react strongly against any US intrusion into its airspace after two of its warplanes fired at an American drone 10 days ago, the ISNA news agency reported.
Published 12 Nov, 2012 12:00am
Hezbollah-linked clashes: two Lebanese killed

Hezbollah-linked clashes: two Lebanese killed

Two Lebanese were killed in the southern city of Sidon on Sunday in a gunbattle between supporters of the Shiite movement Hezbollah and hard-line Sunni cleric Ahmed al-Assir, a security official said.
Published 12 Nov, 2012 12:00am
Trial of Libyan former Prime Minister to open on Monday

Trial of Libyan former Prime Minister to open on Monday

The trial of late dictator Moamer Qadhafi's last prime minister, Al-Baghdadi al-Mahmudi, is to open in the Libyan capital on Monday, the public prosecutor's spokesman said. "Al-Baghdadi al-Mahmudi will appear tomorrow (Monday) on the occasion of a first c
Published 12 Nov, 2012 12:00am
Israel fires warning shots at Syria over Golan shelling

Israel fires warning shots at Syria over Golan shelling

Israeli forces fired into Syria on Sunday in what the military called a warning, after stray munitions from fighting between Syrian troops and rebels hit the Israeli-occupied Golan Heights.
Published 12 Nov, 2012 12:00am
China to ramp up development on disputed island

China to ramp up development on disputed island

China is to ramp up development on a disputed South China Sea island, a local government chief has said, in a move likely to stoke a growing territorial row with its neighbours.
Published 12 Nov, 2012 12:00am
Military cuts 'not on agenda' of US talks: Australia

Military cuts 'not on agenda' of US talks: Australia

Australia on Sunday sought to play down comments by a senior US official who said Washington planned to raise concerns about Canberra's falling military spending at talks this week between the allies.
Published 12 Nov, 2012 12:00am
US here to seize region's resources: JUI-F chief

US here to seize region's resources: JUI-F chief

The United States wants to control this region's politics and it is here to seize its resources, Chief of Jamiat Ulema-e-Islam (JUI-F) Fazlur Rehman claimed on Sunday. Addressing a conference titled 'Aalmi Ittehad Ummat-e-Muslima', Fazlur Rehman said that
Published 12 Nov, 2012 12:00am
People want employment, peace, energy instead of revolutions: Anwar

People want employment, peace, energy instead of revolutions: Anwar

Provincial President Pakistan People's Party (PPP) and Member Provincial Assembly (MPA), Anwar Saifullah Khan said on Sunday that people of Khyber-Pakthunkhwa want employment, electricity, peace and development instead of revolutions.
Published 12 Nov, 2012 12:00am
'GIK wanted to have Benazir declared ineligible'

'GIK wanted to have Benazir declared ineligible'

Ex-bureaucrat Roedad Khan said the then president Ghulam Ishaq Khan wanted to have former Prime Minister Benazir Bhutto declared ineligible and in this regard assigned him (Roedad) the task of her 'accountability'. Former Interior Secretary and a close fr
Published 12 Nov, 2012 12:00am
'Mango clinics to be set up at tehsil level'

'Mango clinics to be set up at tehsil level'

Provincial Minister for Agriculture, Malik Ahmed Ali has said that mango clinics will be set up at tehsil level so that the mango growers could be provided facility of diagnosing the diseases of mango trees from mango research centres.
Published 12 Nov, 2012 12:00am
Supremacy of parliament is in best interest of country: Gondal

Supremacy of parliament is in best interest of country: Gondal

Federal Minister for Capital Administration and Development (CAD), Nazar Muhammad GondaL said on Sunday that Pakistan Peoples Party (PPP) government is working on the policy of reconciliation to evolve consensus on all issues and take practical steps for
Published 12 Nov, 2012 12:00am
KESC earns level 'A' rating from Global Reporting Initiative

KESC earns level 'A' rating from Global Reporting Initiative

Karachi Electric Supply Company (KESC), the country's largest integrated power utility, on Sunday announced that it has secured a level "A" rating from the Global Reporting Initiative (GRI) for its Integrated Sustainability Report for the year 2012. This
Published 12 Nov, 2012 12:00am
Sympathy for Sandy among Pakistan's forgotten flood victims

Sympathy for Sandy among Pakistan's forgotten flood victims

While the United States recovers from superstorm Sandy, away from the glare of the international media, five million Pakistanis are struggling to get by in the country's third successive year of massive floods.
Published 12 Nov, 2012 12:00am
Government will complete its five-year term: Naveed Qamar

Government will complete its five-year term: Naveed Qamar

The Minister for Defence Syed Naveed Qamar said that the government would complete its 5-year term which ends on March 18. "The elections will be called within 60 days after completion of this term. We hope the elections would be held by May 2013," he sai
Published 12 Nov, 2012 12:00am
Turkish Prime Minister's brief stopover at Karachi airport

Turkish Prime Minister's brief stopover at Karachi airport

Turkish Prime Minister Recep Tayyip Erdogan, enroute to Ankara from Brunai empire, had a short stay in Karachi on Saturday night. He was received by Sindh Minister for Local Government Agha Siraj Durrani at Karachi Airport and presented him the messages o
Published 12 Nov, 2012 12:00am
15 Indian fishermen freed

15 Indian fishermen freed

Pakistan on Sunday released 15 Indian fishermen from district jail Malir. The fishermen were arrested over violation of sea territorial limits. Cases were registered against them under foreign and fisheries acts at Docks police station.
Published 12 Nov, 2012 12:00am
USAID leaves Swat's fish farmers in limbo

USAID leaves Swat's fish farmers in limbo

The United States Agency for International Development (USAID) has left the fish farmers of the terrorism affected district Swat in disarray with leaving their fishery rehabilitation project incomplete.
Published 12 Nov, 2012 12:00am
Three held, narcotics seized

Three held, narcotics seized

Police arrested three persons recovering narcotics from their possession in Hub area of Labella district. Police said on Sunday that acting on a tip off, police team conducted raid and caught three drug sellers including Shafi Muhammad, Muhammad Usman and
Published 12 Nov, 2012 12:00am
Saudi authorities declare PIA 'best Hajj airline'

Saudi authorities declare PIA 'best Hajj airline'

The Saudi civil aviation authority has declared PIA as the 'best airline operator' among 74 international airlines operating from the Hajj terminal in that country.
Published 12 Nov, 2012 12:00am
China wealth fund eyes Asia as Western protectionism rises

China wealth fund eyes Asia as Western protectionism rises

China''''s sovereign wealth fund will focus more of its $482 billion firepower on Asia in twin bids to beat a rise in protectionism in the West and boost exposure to rapid regional growth, chairman and chief executive Lou Jiwei said.
Published 12 Nov, 2012 12:00am
China wealth fund eyes Asia as Western protectionism rises

China wealth fund eyes Asia as Western protectionism rises

China''s sovereign wealth fund will focus more of its $482 billion firepower on Asia in twin bids to beat a rise in protectionism in the West and boost exposure to rapid regional growth, chairman and chief executive Lou Jiwei said.
Published 12 Nov, 2012 12:00am
China wealth fund eyes Asia as Western protectionism rises

China wealth fund eyes Asia as Western protectionism rises

China's sovereign wealth fund will focus more of its $482 billion firepower on Asia in twin bids to beat a rise in protectionism in the West and boost exposure to rapid regional growth, chairman and chief executive Lou Jiwei said.
Published 12 Nov, 2012 12:00am
China wealth fund eyes Asia as Western protectionism rises

China wealth fund eyes Asia as Western protectionism rises

China's sovereign wealth fund will focus more of its $482 billion firepower on Asia in twin bids to beat a rise in protectionism in the West and boost exposure to rapid regional growth, chairman and chief executive Lou Jiwei said.
Published 12 Nov, 2012 12:00am
EgyptAir to let hostesses wear headscarves

EgyptAir to let hostesses wear headscarves

EgyptAir is allowing its stewardesses to wear Islamic headscarves if they wish on flights to Arab states and will expand the practice to the rest of the network, an official said on Sunday, ending a restriction imposed in Hosni Mubarak''s era. It follows
Published 12 Nov, 2012 12:00am
EgyptAir to let hostesses wear headscarves

EgyptAir to let hostesses wear headscarves

EgyptAir is allowing its stewardesses to wear Islamic headscarves if they wish on flights to Arab states and will expand the practice to the rest of the network, an official said on Sunday, ending a restriction imposed in Hosni Mubarak's era. It follows a
Published 12 Nov, 2012 12:00am
Talks due on status of US troops in Afghanistan

Talks due on status of US troops in Afghanistan

Crucial negotiations on the status of US forces remaining in Afghanistan after the Nato withdrawal in 2014 will begin in Kabul this week, the foreign ministry said Sunday. A key element of any agreement will be the question of immunity for US troops from
Published 12 Nov, 2012 12:00am
Orascom Telecom says to upgrade Mobilink network

Orascom Telecom says to upgrade Mobilink network

Cairo-based Orascom Telecom (OT), controlled by Russia''s Vimpelcom, said on Sunday it had awarded a deal to upgrade its Mobilink mobile phone network in Pakistan.
Published 12 Nov, 2012 12:00am
Orascom Telecom says to upgrade Mobilink network

Orascom Telecom says to upgrade Mobilink network

Cairo-based Orascom Telecom (OT), controlled by Russia's Vimpelcom, said on Sunday it had awarded a deal to upgrade its Mobilink mobile phone network in Pakistan.
Published 12 Nov, 2012 12:00am
Orascom Telecom says to upgrade Mobilink network

Orascom Telecom says to upgrade Mobilink network

Cairo-based Orascom Telecom (OT), controlled by Russia's Vimpelcom, said on Sunday it had awarded a deal to upgrade its Mobilink mobile phone network in Pakistan.
Published 12 Nov, 2012 12:00am
Jordan sentences former spy chief to 13 years jail over graft

Jordan sentences former spy chief to 13 years jail over graft

Jordan's former spy chief, once one of the country's most feared and powerful officials, was sentenced to 13 years in prison on Sunday in the first high-profile case from an anti-corruption crackdown driven by popular protests.
Published 12 Nov, 2012 12:00am
Saudi Arabia allows rights trade on stock market

Saudi Arabia allows rights trade on stock market

Saudi Arabia's Capital Market Authority is allowing subscription rights for share offers to be listed and traded on the Saudi stock market, as it modernises the market in preparation to permit the entry of foreign investors.
Published 12 Nov, 2012 12:00am
Saudi Arabia allows rights trade on stock market

Saudi Arabia allows rights trade on stock market

Saudi Arabia's Capital Market Authority is allowing subscription rights for share offers to be listed and traded on the Saudi stock market, as it modernises the market in preparation to permit the entry of foreign investors.
Published 12 Nov, 2012 12:00am
Saudi Arabia allows rights trade on stock market

Saudi Arabia allows rights trade on stock market

Saudi Arabia''s Capital Market Authority is allowing subscription rights for share offers to be listed and traded on the Saudi stock market, as it modernises the market in preparation to permit the entry of foreign investors.
Published 12 Nov, 2012 12:00am
Forensic audit: 'CNG body is cooperating with Ogra'

Forensic audit: 'CNG body is cooperating with Ogra'

All Pakistan CNG is cooperating with the Oil and Gas Regulatory Authority (Ogra) to carry out a forensic audit in the light of the Supreme Court Judgment, Chairman of APCNG Supreme Council Ghiyas Abdullah Paracha said on Sunday.
Published 12 Nov, 2012 12:00am
Jordan sentences former spy chief to 13 years jail over graft

Jordan sentences former spy chief to 13 years jail over graft

Jordan's former spy chief, once one of the country's most feared and powerful officials, was sentenced to 13 years in prison on Sunday in the first high-profile case from an anti-corruption crackdown driven by popular protests.
Published 12 Nov, 2012 12:00am