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May 11, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-06-20
"We have interest in small cars", CEO Indus Motors

"We have interest in small cars", CEO Indus Motors

Parvez Ghias is Chief Executive of Indus Motor Company Limited since 2005. Prior to that, he was the Vice President and CFO at Engro Chemical Pakistan Limited and served as a Member of the Board of Directors. He also serves as an independent director on t
Published 20 Jun, 2016 12:00am
"We have interest in small cars", CEO Indus Motors

"We have interest in small cars", CEO Indus Motors

Parvez Ghias is Chief Executive of Indus Motor Company Limited since 2005. Prior to that, he was the Vice President and CFO at Engro Chemical Pakistan Limited and served as a Member of the Board of Directors. He also serves as an independent director on t
Published 20 Jun, 2016 12:00am
Delegation of National Police of Turkey meets CM

Delegation of National Police of Turkey meets CM

A delegation of officers of National Police of Turkey led by Additional IG Nail Aydin met Punjab Chief Minister Muhammad Shahbaz Sharif and congratulated him on recovery of Prime Minister Muhammad Nawaz Sharif after successful operation. Talking to the de
Published 20 Jun, 2016 12:00am
Prices of essential items remain unchanged

Prices of essential items remain unchanged

Official prices of most essential commodities, including pulses, fruits, vegetables, dairy products, sugar and flour remained unchanged during the week in comparison to the preceding week, according to a survey conducted by Business Recorder, here on Sund
Published 20 Jun, 2016 12:00am
Bodies of unmarried couple found

Bodies of unmarried couple found

Bodies of an unmarried couple was found mysteriously in a vehicle here on Sunday. The body of the boy was shifted to a hospital for post-mortem while heirs took away body of the girl without medico-legal formalities. Police said the couple was planning fo
Published 20 Jun, 2016 12:00am
Your rupee last week
Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (June 13 to 17, 2016).

Published 20 Jun, 2016 12:00am
The Weather

The Weather

The weather report on Sunday (June 19, 2016) and the forecast for Monday (June 20, 2016).

Published 20 Jun, 2016 12:00am
14 children drown in Russia lake tragedy

14 children drown in Russia lake tragedy

At least 14 children and one adult on a summer camp in northeast Russia drowned when their boats capsized in a storm on a lake, investigators said Sunday.
Published 20 Jun, 2016 12:00am
14 children drown in Russia lake tragedy

14 children drown in Russia lake tragedy

At least 14 children and one adult on a summer camp in northeast Russia drowned when their boats capsized in a storm on a lake, investigators said Sunday.
Published 20 Jun, 2016 12:00am
THE RUPEE: bears dominate
Currency

THE RUPEE: bears dominate

The rupee failed to sustain it's firmness against the dollar and euro, during the week, ended on 20, June 2016. In the interbank market, the rupee lost 20 paisas versus the dollar for buying and selling at Rs 104.74 and Rs 104.76.
Published 20 Jun, 2016 12:00am
THE RUPEE: bears dominate
Currency

THE RUPEE: bears dominate

The rupee failed to sustain it's firmness against the dollar and euro, during the week, ended on 20, June 2016. In the interbank market, the rupee lost 20 paisas versus the dollar for buying and selling at Rs 104.74 and Rs 104.76.
Published 20 Jun, 2016 12:00am
NSG takes up cases of Pakistan, India today

NSG takes up cases of Pakistan, India today

Nuclear Suppliers Group (NSG) - the cartel of 48 nuclear supplier countries - would take up the membership cases of Pakistan and India in its annual plenary meeting, commencing from Monday in Seoul. During the week-long deliberations, the Group would take
Published 20 Jun, 2016 12:00am
NSG takes up cases of Pakistan, India today

NSG takes up cases of Pakistan, India today

Nuclear Suppliers Group (NSG) - the cartel of 48 nuclear supplier countries - would take up the membership cases of Pakistan and India in its annual plenary meeting, commencing from Monday in Seoul. During the week-long deliberations, the Group would take
Published 20 Jun, 2016 12:00am
NSG takes up cases of Pakistan, India today

NSG takes up cases of Pakistan, India today

Nuclear Suppliers Group (NSG) - the cartel of 48 nuclear supplier countries - would take up the membership cases of Pakistan and India in its annual plenary meeting, commencing from Monday in Seoul. During the week-long deliberations, the Group would take
Published 20 Jun, 2016 12:00am
India sure of China's support

India sure of China's support

India said Sunday that it was confident of winning China's support for US-backed efforts for its membership in a group of 48 nations controlling access to sensitive nuclear technology. External Affairs Minister Sushma Swaraj told reporters that China was
Published 20 Jun, 2016 12:00am
India sure of China's support

India sure of China's support

India said Sunday that it was confident of winning China's support for US-backed efforts for its membership in a group of 48 nations controlling access to sensitive nuclear technology. External Affairs Minister Sushma Swaraj told reporters that China was
Published 20 Jun, 2016 12:00am
India sure of China''s support

India sure of China''s support

India said Sunday that it was confident of winning China''s support for US-backed efforts for its membership in a group of 48 nations controlling access to sensitive nuclear technology. External Affairs Minister Sushma Swaraj told reporters that China was
Published 20 Jun, 2016 12:00am
Equities hit all-time high

Equities hit all-time high

Pakistan equities grew by five percent to close at a record 38,776 points during the week that ended on Friday June 17. This 1,836-point weekly gain, analysts say, was the highest in three years, last seen on July 5, 2013.
Published 20 Jun, 2016 12:00am
Equities hit all-time high

Equities hit all-time high

Pakistan equities grew by five percent to close at a record 38,776 points during the week that ended on Friday June 17. This 1,836-point weekly gain, analysts say, was the highest in three years, last seen on July 5, 2013.
Published 20 Jun, 2016 12:00am
Equities hit all-time high

Equities hit all-time high

Pakistan equities grew by five percent to close at a record 38,776 points during the week that ended on Friday June 17. This 1,836-point weekly gain, analysts say, was the highest in three years, last seen on July 5, 2013.
Published 20 Jun, 2016 12:00am
Dar cancels visit to Beijing

Dar cancels visit to Beijing

Finance Minister Senator Mohammad Ishaq Dar has cancelled his visit to Beijing, China, which was scheduled for next week. The decision has been taken in view of the fact that the Prime Minister is still recovering from his open heart surgery abroad and th
Published 20 Jun, 2016 12:00am
Dar cancels visit to Beijing

Dar cancels visit to Beijing

Finance Minister Senator Mohammad Ishaq Dar has cancelled his visit to Beijing, China, which was scheduled for next week. The decision has been taken in view of the fact that the Prime Minister is still recovering from his open heart surgery abroad and th
Published 20 Jun, 2016 12:00am
Dar cancels visit to Beijing

Dar cancels visit to Beijing

Finance Minister Senator Mohammad Ishaq Dar has cancelled his visit to Beijing, China, which was scheduled for next week. The decision has been taken in view of the fact that the Prime Minister is still recovering from his open heart surgery abroad and th
Published 20 Jun, 2016 12:00am
British Prime Minister warns of Brexit pain

British Prime Minister warns of Brexit pain

Prime Minister David Cameron warned Sunday of a painful hit to Britain's economy if it quits the EU, as rival camps raced for the last votes in a referendum battle shaken by the shock murder of lawmaker Jo Cox.
Published 20 Jun, 2016 12:00am
British Prime Minister warns of Brexit pain

British Prime Minister warns of Brexit pain

Prime Minister David Cameron warned Sunday of a painful hit to Britain's economy if it quits the EU, as rival camps raced for the last votes in a referendum battle shaken by the shock murder of lawmaker Jo Cox.
Published 20 Jun, 2016 12:00am
Bilawal likely to reshuffle Sindh cabinet

Bilawal likely to reshuffle Sindh cabinet

Pakistan People's Party (PPP) Chairman Bilawal Bhutto Zardari has decided to make major changes in the Sindh cabinet. Sources said that as per the proposed reshuffle, Speaker and Deputy Speaker of Sindh Assembly are also expected to be replaced.
Published 20 Jun, 2016 12:00am
Bilawal likely to reshuffle Sindh cabinet

Bilawal likely to reshuffle Sindh cabinet

Pakistan People's Party (PPP) Chairman Bilawal Bhutto Zardari has decided to make major changes in the Sindh cabinet. Sources said that as per the proposed reshuffle, Speaker and Deputy Speaker of Sindh Assembly are also expected to be replaced.
Published 20 Jun, 2016 12:00am
Iran, Boeing reach deal on purchase of 100 planes

Iran, Boeing reach deal on purchase of 100 planes

Iran and US aerospace giant Boeing have reached an agreement for the purchase of 100 aircraft to renew the country's ageing fleet, the head of Tehran's civil aviation authority announced Sunday.
Published 20 Jun, 2016 12:00am
Iran, Boeing reach deal on purchase of 100 planes

Iran, Boeing reach deal on purchase of 100 planes

Iran and US aerospace giant Boeing have reached an agreement for the purchase of 100 aircraft to renew the country's ageing fleet, the head of Tehran's civil aviation authority announced Sunday.
Published 20 Jun, 2016 12:00am
Iran, Boeing reach deal on purchase of 100 planes

Iran, Boeing reach deal on purchase of 100 planes

Iran and US aerospace giant Boeing have reached an agreement for the purchase of 100 aircraft to renew the country''s ageing fleet, the head of Tehran''s civil aviation authority announced Sunday.
Published 20 Jun, 2016 12:00am
Indonesian navy fires on Chinese boat, one injured

Indonesian navy fires on Chinese boat, one injured

An Indonesian naval vessel fired on a Chinese fishing boat on Friday, injuring one person, China's foreign ministry said, the countries' third reported confrontation this year near a chain of islands as regional tensions mount in the South China Sea.
Published 20 Jun, 2016 12:00am
Indonesian navy fires on Chinese boat, one injured

Indonesian navy fires on Chinese boat, one injured

An Indonesian naval vessel fired on a Chinese fishing boat on Friday, injuring one person, China's foreign ministry said, the countries' third reported confrontation this year near a chain of islands as regional tensions mount in the South China Sea.
Published 20 Jun, 2016 12:00am
Leghari meets Shahbaz

Leghari meets Shahbaz

Member National Assembly Sardar Awais Ahmed Leghari called on Punjab Chief Minister Muhammad Shahbaz Sharif, here Sunday. Development projects for the welfare of people of south Punjab came under discussion during the meeting.
Published 20 Jun, 2016 12:00am
Housing ministry to build 1,200 flats in capital

Housing ministry to build 1,200 flats in capital

The ministry of Housing and Works has planned to launch a mega housing project under which 1,200 flats would be constructed on an area of 140 kanal of government land in the federal capital.
Published 20 Jun, 2016 12:00am
Pakistani scientist wins Pak-France joint research project

Pakistani scientist wins Pak-France joint research project

An emerging scientist from South Waziristan Dr Hameed Ullah of Department of Chemistry, Hazara University, Mansehra, has won Pakistan-France Joint research project under PERIDOT offered by Higher Education Commission (HEC) and Ministry of Higher Education
Published 20 Jun, 2016 12:00am
DDHOs empowered to manage primary healthcare facilities

DDHOs empowered to manage primary healthcare facilities

The provincial government of Khyber Pakhtunkhwa has empowered the Deputy District Health Officers (DDHOs) to manage the day-to-day affairs of Primary Health Care (PHC) facilities across the province. A formal notification to this effect has been issued fr
Published 20 Jun, 2016 12:00am
No logic for fallacious protest: Baloch

No logic for fallacious protest: Baloch

Minister for SAFRON Lieutenant General Abdul Qadir Baloch (Retd) has said that there was no logic for fallacious protest against the government.
Published 20 Jun, 2016 12:00am
'Lighting up Lives' campaign launched

'Lighting up Lives' campaign launched

Avid CSR volunteers from PepsiCo Pakistan Sunday launched the 2016 'Lighting Up Lives' campaign in the holy month of Ramazan with commitment and dedication towards community betterment.
Published 20 Jun, 2016 12:00am
Two UK-Pakistani organisations win global awards

Two UK-Pakistani organisations win global awards

Two British-Pakistani organisations have won international acclaim for their ground-breaking work in the social sector and philanthropy in the recently held Global Good Governance (3G) Awards in Istanbul at the Global Donors Forum 2016.
Published 20 Jun, 2016 12:00am
Encroachments create hindrances for Eid shoppers

Encroachments create hindrances for Eid shoppers

Encroac-hments at foot paths in the markets of the twin cities of Rawalpindi and Islamabad are putting Eid shoppers in trouble leaving no place to walk. The vendors established their stalls of items like jewellery, cosmetics, shoes, watches, toys, garment
Published 20 Jun, 2016 12:00am
Call to ensure maximum economic relief to consumers

Call to ensure maximum economic relief to consumers

Provincial Secretary Live Stock Naseem Sadiq has called upon all concerned officials to fully mobilise all available resources to ensure maximum economic relief to the consumers at Ramazan Bazaars. He made these remarks during a surprise visit at Ramazan
Published 20 Jun, 2016 12:00am
IGP Sindh asks SSPs to visit families of martyred policemen

IGP Sindh asks SSPs to visit families of martyred policemen

The Inspector General of Police (IGP), Sindh, A.D. Khawaja, has asked the SSPs to visit the families of martyred personnel of Police Department. According to a statement issued here on Sunday, he also instructed them to ensure the disbursement of Rs 5000
Published 20 Jun, 2016 12:00am
UN marks refugee day in Syria, from where millions have fled

UN marks refugee day in Syria, from where millions have fled

United Nations agencies marked World Refugee Day on Sunday in Syria, a country from which millions have fled a five-year civil war. Some refugees from other countries have decided to stay in Syria despite the devastating conflict.
Published 20 Jun, 2016 12:00am
Suicide attack kills three at Christian massacre memorial

Suicide attack kills three at Christian massacre memorial

Three people were killed in north-east Syria on Sunday when a suicide bomber attacked an event commemorating the massacre of Christians more than a century ago, state media and a security source said. The attack in the city of Qamishli took place as local
Published 20 Jun, 2016 12:00am
Syrian warplane crashes

Syrian warplane crashes

A Syrian jet bomber crashed just after take-off from Syria's Hama airport after it encountered a technical problem, a Syrian military source said on Sunday. The military source, quoted by Syrian state media, did not say when the crash had occurred or prov
Published 20 Jun, 2016 12:00am
Brussels central station evacuated amid heightened security fears

Brussels central station evacuated amid heightened security fears

Brussels central train station was evacuated for about an hour on Sunday because of a suspicious suitcase amid heightened security fears in the Belgian capital after a huge anti-terror operation led to three men being charged with terrorism offences.
Published 20 Jun, 2016 12:00am
Israel approves millions in West Bank settlement spending

Israel approves millions in West Bank settlement spending

Israel's government on Sunday approved some $18 million in additional financing for West Bank settlements, calling it a response to security concerns, though the money is to be used in a variety of ways.
Published 20 Jun, 2016 12:00am
Tens of thousands demonstrate against racism in Germany

Tens of thousands demonstrate against racism in Germany

Tens of thousands of people joined weekend rallies in Germany to condemn racism and right-wing populist groups who have been railing against a record influx of migrants. Germany - the EU's most populous country, which last year took in over one million re
Published 20 Jun, 2016 12:00am
Turkish troops kill 11 Syrians trying to cross border

Turkish troops kill 11 Syrians trying to cross border

Turkish border guards shot dead at least 11 Syrians, mostly from one family, as they tried to cross into Turkey from north-western Syria, activists and a monitoring group said on Sunday.
Published 20 Jun, 2016 12:00am
Algerian troops kill eight militants

Algerian troops kill eight militants

Algerian soldiers killed eight armed Islamist militants in an operation south of the capital on Sunday, the defence ministry said. It said the eight "terrorists" were killed in an ambush in a mountainous area of the Medea region, about 80 kilometres (50 m
Published 20 Jun, 2016 12:00am
Thousands protest US bases on Okinawa

Thousands protest US bases on Okinawa

Tens of thousands of people gathered in sweltering heat on Japan's Okinawa island on Sunday in one of the biggest demonstrations in two decades against US military bases, following the arrest of an American suspected of murdering a local woman. The protes
Published 20 Jun, 2016 12:00am
Two Indian arrested for rape in Zimbabwe

Two Indian arrested for rape in Zimbabwe

Two Indian nationals have been arrested in Harare after being accused of rape, but reports that they are members of the Indian cricket team are incorrect, officials in Zimbabwe confirmed on Sunday. An article in a Zimbabwean publication claimed that an In
Published 20 Jun, 2016 12:00am
35 dead in Indonesian floods, landslides

35 dead in Indonesian floods, landslides

Flash floods and landslides in central Indonesia have killed at least 35 people and destroyed dozens of homes, an official said Sunday, as searchers scoured devastated villages for survivors.
Published 20 Jun, 2016 12:00am
US aircraft carriers start drills off Philippines

US aircraft carriers start drills off Philippines

Two US aircraft carriers have started exercises in the Philippine Sea, defence officials said Sunday, as Washington's close ally Manila faces growing pressure from Beijing in the South China Sea.
Published 20 Jun, 2016 12:00am
Crashed EgyptAir jet flight recorders severely damaged

Crashed EgyptAir jet flight recorders severely damaged

The memory units of both flight recorders from crashed EgyptAir flight MS804 are severely damaged and will require "lots of time and effort" to fix, Egyptian aircraft accident investigation committee sources said on Sunday. The committee is analysing the
Published 20 Jun, 2016 12:00am
Wall Street week ahead: heavy trading predicted around Brexit vote

Wall Street week ahead: heavy trading predicted around Brexit vote

US stock markets could see heavy trading and increased volatility as investors position for next week's referendum on whether Britain remains in the European Union. The June 23 vote could have big implications for the global economy and US stocks. Add to
Published 20 Jun, 2016 12:00am
US equities, high-yield European bonds attractive: UBS wealth arm

US equities, high-yield European bonds attractive: UBS wealth arm

US equities are an attractive investment as economic momentum is picking up and some bearish factors such as a strong dollar and low oil prices are diminishing, a top fund manager of UBS's $2 trillion wealth arm, told Reuters.
Published 20 Jun, 2016 12:00am
US equities, high-yield European bonds attractive: UBS wealth arm

US equities, high-yield European bonds attractive: UBS wealth arm

US equities are an attractive investment as economic momentum is picking up and some bearish factors such as a strong dollar and low oil prices are diminishing, a top fund manager of UBS's $2 trillion wealth arm, told Reuters.
Published 20 Jun, 2016 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 78.40-78.40 (previous 78.40-78.40).
Published 20 Jun, 2016 12:00am
Dollar set to rise in coming year, Fed in driver's seat
Currency

Dollar set to rise in coming year, Fed in driver's seat

The US dollar is set to rise over the coming year on revived expectations the Federal Reserve will follow through with an interest rate hike this summer, a Reuters poll showed, but only a slight majority say the rally will be "significant."
Published 20 Jun, 2016 12:00am
Porter Airlines eyeing IPO in medium term: CEO

Porter Airlines eyeing IPO in medium term: CEO

The chief executive officer of Canada's privately held Porter Airlines said on Wednesday he would consider taking the carrier public in the medium term, as a strategy to support the company's broader growth plans.
Published 20 Jun, 2016 12:00am
Gulf markets mixed; Abu Dhabi banks soar on merger talks
Currency

Gulf markets mixed; Abu Dhabi banks soar on merger talks

Shares in Abu Dhabi banks soared on Sunday after National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB) confirmed they were in merger talks. Other Gulf stock markets were mixed while an interest rate increase dragged Egypt down.
Published 20 Jun, 2016 12:00am
US taxable bond funds record largest 2016 withdrawals

US taxable bond funds record largest 2016 withdrawals

Investors pulled $3.1 billion from US-based taxable bond funds in the week that ended June 15, Lipper data showed on Thursday, delivering funds that have been popular this year their largest withdrawals since December. The result came as high-yield bond f
Published 20 Jun, 2016 12:00am
US taxable bond funds record largest 2016 withdrawals

US taxable bond funds record largest 2016 withdrawals

Investors pulled $3.1 billion from US-based taxable bond funds in the week that ended June 15, Lipper data showed on Thursday, delivering funds that have been popular this year their largest withdrawals since December. The result came as high-yield bond f
Published 20 Jun, 2016 12:00am
Misfiring Ronaldo leaves Portugal in dangerous place

Misfiring Ronaldo leaves Portugal in dangerous place

Cristiano Ronaldo missed a second-half penalty and had a late headed effort disallowed as Portugal's future at Euro 2016 looked in jeopardy following a 0-0 draw against Austria in a wide open Group F on Saturday. Ronaldo won his 128th cap to break the rec
Published 20 Jun, 2016 12:00am
Vargas scores four as Chile thrash Mexico 7-0

Vargas scores four as Chile thrash Mexico 7-0

Eduardo Vargas scored four goals as holders Chile sent Mexico spinning to a historic 7-0 defeat to reach the semi-finals of the Copa America Centenario here Saturday. Hoffenheim forward Vargas completed a hat-trick in 13 devastating minutes either side of
Published 20 Jun, 2016 12:00am
Japan youngest table tennis star looks to 2020 Tokyo Olympics

Japan youngest table tennis star looks to 2020 Tokyo Olympics

Tomokazu Harimoto has become the youngest winner of an ITTF World Tour under 21 event at 12 years of age, moving one step closer to his dream of winning gold in the 2020 Tokyo Olympics. Hashimoto easily beat Kohei Sambe, a 18-year-old college student, 11-
Published 20 Jun, 2016 12:00am
Messi equals record as Argentina thrash Venezuela

Messi equals record as Argentina thrash Venezuela

Lionel Messi scored a record-equalling 54th international goal as Argentina outclassed Venezuela 4-1 to book their place in the semi-finals of the Copa America Centenario here Saturday. The Barcelona superstar scored his fourth goal of the tournament in t
Published 20 Jun, 2016 12:00am
Quintana seals second Route du Sud title

Quintana seals second Route du Sud title

Tour de France contender Nairo Quintana won the Route du Sud on Sunday for the second time following the 155km fifth and final stage. French sprinter Arnaud Demare won a sprint finish to claim stage honours ahead of compatriots Yohann Gene and Stephane Po
Published 20 Jun, 2016 12:00am
World number 192 Mayer wins Halle title

World number 192 Mayer wins Halle title

Germany's world number 192 Florian Mayer defeated teenage compatriot Alexander Zverev 6-2, 5-7, 6-3 to win the Halle grass court title on Sunday. The 32-year-old is the lowest-ranked champion in the 24-year history of the Wimbledon warm-up event.
Published 20 Jun, 2016 12:00am
Murray makes history with fifth Queen's crown

Murray makes history with fifth Queen's crown

Andy Murray made history at Queen's Club as the defending champion fought back to win the Wimbledon warm-up event for a record fifth time with a 6-7 (5/7), 6-4, 6-3 victory over Milos Raonic on Sunday. Murray was on the ropes for a set and a half in west
Published 20 Jun, 2016 12:00am
Sri Lanka's stricken Eranga banned for illegal action

Sri Lanka's stricken Eranga banned for illegal action

Hospitalised Sri Lanka paceman Shaminda Eranga has been banned from bowling in international cricket with immediate effect because of an illegal action, the International Cricket Council announced Sunday. The ICC's statement came just hours after Eranga h
Published 20 Jun, 2016 12:00am
Rosberg wins European Grand Prix

Rosberg wins European Grand Prix

Nico Rosberg increased his lead in the drivers' championship when he returned to winning ways with a smoothly comfortable lights-to-flag victory for Mercedes in Sunday's European Grand Prix. The 30-year-old German, who had seen his advantage cut to nine p
Published 20 Jun, 2016 12:00am
Total Olympic ban for Russia 'not impossible': Pound

Total Olympic ban for Russia 'not impossible': Pound

A complete ban for the entire Russia team from August's Olympic Games in Rio is "not impossible", the founding president of the World Anti-Doping Agency (WADA), Dick Pound told Britain's Sunday Times newspaper.
Published 20 Jun, 2016 12:00am
Greece investigates Ericsson staff over corruption

Greece investigates Ericsson staff over corruption

Greek authorities are investigating seven employees of the Swedish telecoms giant Ericsson on suspicion of corruption, the company said Sunday, just days after it confirmed a separate US-led graft probe.
Published 20 Jun, 2016 12:00am
Egypt plans to import up to 120 cargos of LNG in 2017

Egypt plans to import up to 120 cargos of LNG in 2017

Egypt aims to import between 110 and 120 cargos of liquefied natural gas in 2017, the state-owned Egyptian Natural Gas Holding company (EGAS) told Reuters on Sunday. Separately, three trade sources said EGAS had purchased 10 cargoes of LNG from trade hous
Published 20 Jun, 2016 12:00am
Xi sees Serbia as milestone on new 'Silk Road'

Xi sees Serbia as milestone on new 'Silk Road'

Serbia could play a significant role in Beijing's ambitious plan for a new "Silk Road" to boost trade with Europe, Asia and Africa, Chinese President Xi Jinping said on Sunday.
Published 20 Jun, 2016 12:00am
Qatar warns of cost overruns, delays in infrastructure works

Qatar warns of cost overruns, delays in infrastructure works

A $200 billion infrastructure programme launched by Qatar could see higher costs and delays because of the slump in oil prices, the government of the 2022 football World Cup host warned Sunday. A study from the Ministry of Development Planning and Statist
Published 20 Jun, 2016 12:00am
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