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Print - 2016-09-29
Meeting reviews security arrangements for Muharram

Meeting reviews security arrangements for Muharram

A meeting held here with Commissioner, Peshawar Division, Dr Fakhar-e-Alam in the chair discussed security arrangements to maintain law & order, religious harmony amongst different schools of thought and proposals for security arrangements of the processi
Published 29 Sep, 2016 12:00am
Islamabad police arrests 15 suspects, recovers cache of weapons

Islamabad police arrests 15 suspects, recovers cache of weapons

The city police and Rangers Wednesday conducted joint search operation in the limits of Koral and Khana police stations and nabbed 15 suspects. A police official said that following the directives of Interior Minister Chaudhry Nisar Ali Khan, the Rangers,
Published 29 Sep, 2016 12:00am
Young generation true guarantor of safe Pakistan: CoAS

Young generation true guarantor of safe Pakistan: CoAS

Chief of Army Staff (CoAS) General Raheel Sharif on Wednesday presented Academic Excellence Awards to the students of Army Public Schools and College System (APSACS) who distinguished themselves in SSC and HSSC Examinations. The CoAS congratulated success
Published 29 Sep, 2016 12:00am
BoP moves into EMV payment solution services

BoP moves into EMV payment solution services

As part of its digital payments transformation strategy, the Bank of Punjab has recently undertaken the facility of upgrading its payment cards infrastructure to the EMV chip based platform. The EMV conversion enables the bank to offer next generation ban
Published 29 Sep, 2016 12:00am
Philips Morris Pakistan joins GCNP

Philips Morris Pakistan joins GCNP

Philip Morris (Pakistan) Limited has joined Global Compact Network Pakistan (GCNP) in an impressive ceremony held at its head office. CEO Philip Morris (Pakistan) Alexander Reisch signed the UN Global Compact Charter in the presence of Vice President, Cor
Published 29 Sep, 2016 12:00am
UBL Funds launches Al-Ameen Islamic Active Allocation Plan-VI

UBL Funds launches Al-Ameen Islamic Active Allocation Plan-VI

UBL Fund Managers Limited (UBL Funds) announced the launch of the Al-Ameen Islamic Active Allocation Plan-VI, under the Al-Ameen Islamic Financial Planning Fund. This Plan is now open for subscription. The investment policy of Al-Ameen Islamic Active Allo
Published 29 Sep, 2016 12:00am
UBL Funds launches Al-Ameen Islamic Active Allocation Plan-VI

UBL Funds launches Al-Ameen Islamic Active Allocation Plan-VI

UBL Fund Managers Limited (UBL Funds) announced the launch of the Al-Ameen Islamic Active Allocation Plan-VI, under the Al-Ameen Islamic Financial Planning Fund. This Plan is now open for subscription. The investment policy of Al-Ameen Islamic Active Allo
Published 29 Sep, 2016 12:00am
Business community concerned at 'water war' threat

Business community concerned at 'water war' threat

Business community has expressed serious concern over the statement of Indian Prime Minister's threatening to revoke Indus Water Treaty (IWT). They urged the government to construct new dams and renovation of existing water resources for reducing the wast
Published 29 Sep, 2016 12:00am
Three emerging designers vie for Bank Alfalah Rising Talent award

Three emerging designers vie for Bank Alfalah Rising Talent award

Three up-and-coming young talents in fashion showcased their collections while vying for Bank Alfalah Rising Talent award at the opening of the PFDC Bridal Week on Wednesday. The Rising Talent initiative, holding the apt tagline 'Discovering the Potential
Published 29 Sep, 2016 12:00am
E&T department recovers Rs 3.5 million as motor vehicle tax

E&T department recovers Rs 3.5 million as motor vehicle tax

Sindh Excise and Taxation (E&T) department has recovered around Rs 3.5 million on account of motor vehicle tax during its ongoing road checking campaign, which will be ended on September 29 (today). According to E&T officials, provincial E&T minister has
Published 29 Sep, 2016 12:00am
Auction for MTB draws lukewarm response

Auction for MTB draws lukewarm response

A very thin participation was witnessed in the auction for Government of Pakistan Market Treasury Bills (MTBs), held Wednesday. The State Bank of Pakistan (SBP), on September 28, 2016, conducted the auction for the sale of 3-month, 6-month and 12-month MT
Published 29 Sep, 2016 12:00am
Auction for MTB draws lukewarm response

Auction for MTB draws lukewarm response

A very thin participation was witnessed in the auction for Government of Pakistan Market Treasury Bills (MTBs), held Wednesday. The State Bank of Pakistan (SBP), on September 28, 2016, conducted the auction for the sale of 3-month, 6-month and 12-month MT
Published 29 Sep, 2016 12:00am
City Council holds first meeting amid grave civic issues

City Council holds first meeting amid grave civic issues

After a gap of six years, the new city council held its first meeting on Wednesday amid grave civic problems across the metropolis that awaiting an immediate resolution. Deputy Mayor Dr Arshad Vohra presided over the sitting, which was attended by some 30
Published 29 Sep, 2016 12:00am
Sindh Assembly passes Sindh Arms (Amendment) Bill 2016

Sindh Assembly passes Sindh Arms (Amendment) Bill 2016

The Sindh Assembly on Monday adopted 'the Sindh Arms (Amendment) Bill, 2016 into law with a unanimous vote, making weapons and ammunition sales and purchase documentation and attestation mandatory in the entire province. In line with the legislation, no d
Published 29 Sep, 2016 12:00am
Wyeth Pakistan Limited posts Rs 139.657 million PAT

Wyeth Pakistan Limited posts Rs 139.657 million PAT

The profit after tax of Wyeth Pakistan Limited has increased to Rs 139.657 million in the quarter ended August 31, 2016 as compared to Rs 22.936 million earned in the same quarter last year. The company's earning per share surged to Rs 98.24 in this quart
Published 29 Sep, 2016 12:00am
Wyeth Pakistan Limited posts Rs 139.657 million PAT

Wyeth Pakistan Limited posts Rs 139.657 million PAT

The profit after tax of Wyeth Pakistan Limited has increased to Rs 139.657 million in the quarter ended August 31, 2016 as compared to Rs 22.936 million earned in the same quarter last year. The company's earning per share surged to Rs 98.24 in this quart
Published 29 Sep, 2016 12:00am
PAT of Shezan International Limited stands at Rs 194.286 million

PAT of Shezan International Limited stands at Rs 194.286 million

The profit after tax of Shezan International Limited stood at Rs 194.286 million in the year ended June 30, 2016 (FY16) as compared to Rs 294.978 million earned in the same period in FY15. The company's earning per share reduced to Rs 24.33 in the period
Published 29 Sep, 2016 12:00am
PAT of Shezan International Limited stands at Rs 194.286 million

PAT of Shezan International Limited stands at Rs 194.286 million

The profit after tax of Shezan International Limited stood at Rs 194.286 million in the year ended June 30, 2016 (FY16) as compared to Rs 294.978 million earned in the same period in FY15. The company's earning per share reduced to Rs 24.33 in the period
Published 29 Sep, 2016 12:00am
Asif says India will 'disintegrate' when Kashmir is free

Asif says India will 'disintegrate' when Kashmir is free

Defence minister says its rival India will "disintegrate" when Kashmir gains independence. Khawaja Muhammad Asif said Wednesday that Pakistan will continue to extend moral support to the people of the disputed Himalayan region, which is split between Paki
Published 29 Sep, 2016 12:00am
Sales Tax evasion of Rs 353.5 million by leading OMC detected

Sales Tax evasion of Rs 353.5 million by leading OMC detected

Directorate General of Intelligence and Investigation Inland Revenue (IR) has detected sales tax evasion of Rs 353.485 million by a leading Oil Marketing Company (OMC). Sources told Business Recorder here on Wednesday that the I&I-IR conducted Inve
Published 29 Sep, 2016 12:00am
PM's envoys highlight grave IHK situation

PM's envoys highlight grave IHK situation

The Prime Minister's special envoys on Jammu and Kashmir, Ijaz ul Haq, MNA and Malik M. Uzair, MNA, who are visiting Belgium to highlight grave human rights violation in Indian occupied Jammu and Kashmir, met the Pakistani and Kashmiri community in Brusse
Published 29 Sep, 2016 12:00am
Petitions against PM: ECP's jurisdiction challenged

Petitions against PM: ECP's jurisdiction challenged

Election Commission of Pakistan (ECP) on Wednesday adjourned the hearing of petitions against Prime Minister Nawaz Sharif, Imran Khan and Jahangir Tareen till October 10. A full bench of the ECP, headed by Chief Election Commissioner (CEC) retired Justice
Published 29 Sep, 2016 12:00am
Shifted NBP Saeedabad Branch inaugurated

Shifted NBP Saeedabad Branch inaugurated

NBP Islamic Banking Group formally inaugurated its recently shifted NBP-Saeedabad Baldia Town Branch at new premises located at 24-Market, Saeedabad, Baldia Town, Karachi. The Chairman Shariah Board Mufti Ehsan Waquar, Resident Shariah Board Member Mufti
Published 29 Sep, 2016 12:00am
German police shoot dead refugee for attacking Pakistani

German police shoot dead refugee for attacking Pakistani

German police shot dead a knife-wielding Iraqi in a refugee shelter who was attacking a Pakistani he suspected of having sexually abused his young daughter, police said Wednesday. The 29-year-old Iraqi died after being hit by several police bullets late T
Published 29 Sep, 2016 12:00am
Naval chief attends International Sea Power Symposium in US

Naval chief attends International Sea Power Symposium in US

Chief of the Naval Staff Admiral Muhammad Zakaullah is on an official visit to USA. During the visit, the Naval Chief attended International Sea power Symposium 2016 where he addressed the participants on the topic of collaborative maritime security with
Published 29 Sep, 2016 12:00am
Bahrain Prime Minister seeks to expand relations with Pakistan

Bahrain Prime Minister seeks to expand relations with Pakistan

Prime Minister of Bahrain, Prince Khalifa Bin Salman Al Khalifa here on Wednesday said that he regards Pakistan as his home and highlighted the need to further expand the bilateral relations between Bahrain and Pakistan. "More high level visits from both
Published 29 Sep, 2016 12:00am
Pearl Continental joins hands with the UNWTO

Pearl Continental joins hands with the UNWTO

Pearl Continental, Rawalpindi joins hands with the (UNWTO) in fostering awareness among the international community, the importance of tourism and its social, cultural, political and economic values. Tourism for all: people with disabilities, senior citiz
Published 29 Sep, 2016 12:00am
54,000 acres of agriculture land saved through Ombudsman's intervention

54,000 acres of agriculture land saved through Ombudsman's intervention

54,000 acres of agricultural land in Balochistan have been saved from complete devastation through intervention of the Wafaqi Mohtasib in response to a complaint lodged by the residents of Kamber Shahdadkot, Gandakha Tehsil Usta Muhammad Balochistan due t
Published 29 Sep, 2016 12:00am
MYC announces solidarity with army against any aggression

MYC announces solidarity with army against any aggression

The Milli Yakjehti Council (MYC), a conglomeration of about a dozen religious parties and organisations, has announced that it would stand shoulder to shoulder with the armed forces against enemy aggression. The announcement was made by the newly elected
Published 29 Sep, 2016 12:00am
CCP issues show-cause notice to Shainal Foods

CCP issues show-cause notice to Shainal Foods

The Competition Commission of Pakistan (CCP) has issued a show cause notice under Section 30 of the Competition Act, 2010 to M/s Shainal Al-Syed Foods for prima facie imitating the branding of National Foods Limited, in violation of Section 10 of the Comp
Published 29 Sep, 2016 12:00am
Officials directed to fast-track LDA City Scheme

Officials directed to fast-track LDA City Scheme

The director general Lahore Development Authority has directed to immediately complete the development work of the LDA City Housing Scheme and expedite the process of acquisition of land for providing low-cost housing amenity to thousands of families in t
Published 29 Sep, 2016 12:00am
Lawyers' movement of 2007 blocked way of martial law: former CJP

Lawyers' movement of 2007 blocked way of martial law: former CJP

Former Chief Justice of Pakistan Iftikhar Muhammad Chaudhry said on Wednesday that protest is the democratic right of Imran Khan and every citizen of the country. He said that lawyers' movement in 2007 in which judiciary was restored has blocked the way o
Published 29 Sep, 2016 12:00am
Kashmir issue: JuD's appeal dismissed

Kashmir issue: JuD's appeal dismissed

The Lahore High Court on Wednesday dismissed appeal of Jamat-ud-Dawa Chief Hafiz Saeed as not maintainable seeking directions for the federal government to highlight the Kashmir issue at international forum. Earlier, counsel of the applicant A K Dogar arg
Published 29 Sep, 2016 12:00am
PTI rally: LHC reserves verdict on petitions

PTI rally: LHC reserves verdict on petitions

A full bench of the Lahore High Court (LHC) here Wednesday reserved its verdict on petitions far and against PTI rally. PTI leader Waleed Iqbal had approached the LHC against the government for allegedly harassing and arresting its activists restraining t
Published 29 Sep, 2016 12:00am
Sindh will raise gas issue at CCI meeting, CM Murad tells industrialists

Sindh will raise gas issue at CCI meeting, CM Murad tells industrialists

Chief Minister Sindh Syed Murad Ali Shah has assured business community that he will take up gas issue in Council of Common Interests' (CCI) meeting and will get it resolved. Referring to concerns expressed by members of Karachi Chamber of Commerce and In
Published 29 Sep, 2016 12:00am
UNHCR commends government for extending stay of Afghan refugees

UNHCR commends government for extending stay of Afghan refugees

UNHCR Representative in Pakistan, Indrika Ratwatte Wednesday commended the government for extending the stay of Afghans refugee in Pakistan till 31 March 2017. He said, "The extension is an important decision by the government of Pakistan which recognises
Published 29 Sep, 2016 12:00am
Media houses, press clubs: 'Panic alert' buttons being installed

Media houses, press clubs: 'Panic alert' buttons being installed

A foolproof security system being installed at all print and electronic media houses and press clubs across the country to avert any untoward situation. Addressing a press conference, Parliamentary Secretary, Ministry of Information, Broadcasting and Nati
Published 29 Sep, 2016 12:00am
PEDO completes 100 mini-micro hydel projects

PEDO completes 100 mini-micro hydel projects

Pakhtunkhwa Energy Development Organisation (PEDO) has completed 100 mini micro hydel projects in the backward and electricity deprived and by the end of next year total 356 mini micro power projects will be completed in these areas. These were stated by
Published 29 Sep, 2016 12:00am
UNDP, Balochistan government launch SPD

UNDP, Balochistan government launch SPD

The United Nations Development Programme (UNDP) Pakistan and the Government of Balochistan launched the Suppliers Development Programme (SDP) in Quetta Wednesday. The overall objective is to improve stability in the province and promote economic developme
Published 29 Sep, 2016 12:00am
Meezan Bank wins award

Meezan Bank wins award

Meezan Bank has been awarded the 'Most Popular Bank' in Pakistan's Islamic Auto Financing sector in the People's Choice Car Awards announced by PakWheels.com Automobile Industry Survey 2015. Pakwheels.com, Pakistan's 1 Auto Portal, has been regularly cond
Published 29 Sep, 2016 12:00am
IHC dismisses plea against Maulana Aziz, others

IHC dismisses plea against Maulana Aziz, others

Islamabad High Court (IHC) on Wednesday dismissed a plea seeking registration of first information report (FIR) against Maulana Abdul Aziz and some females' students of Jamia Hafsa. A single member bench of IHC comprising Justice Mohsan Hasan Kiani resume
Published 29 Sep, 2016 12:00am
NAB law: Supreme Court questions voluntary return, plea bargain scheme

NAB law: Supreme Court questions voluntary return, plea bargain scheme

Supreme Court on Wednesday questioned voluntary return and plea bargaining scheme under the NAB law and sought details from the federal and all the provincial governments about the corrupt public officials who refunded ill-gotten money as consideration an
Published 29 Sep, 2016 12:00am
As Raheel's tenure nears end, Nawaz faces key choice

As Raheel's tenure nears end, Nawaz faces key choice

Prime Minister Nawaz Sharif faces a key choice in the coming weeks about who should run Pakistan's powerful military, one that will have a major influence on the country's often strained relationships with the United States and nuclear rival India. With C
Published 29 Sep, 2016 12:00am
Iranian border guards fire mortars into Pakistan

Iranian border guards fire mortars into Pakistan

Mortar shells were fired on Wednesday into Pakistani territory by Iran's border guards in the district of Panjgoor. As per detail, that two of the shells landed near Frontier Corps check-post and the third at Killi Karim Dad. No property or human loss was
Published 29 Sep, 2016 12:00am
Cotton futures remain lower
Cotton

Cotton futures remain lower

Cotton futures fell for the second straight session to their lowest in more than a week on end-of-quarter selling by speculators. "The market is witnessing disappointment today," said Keith Brown, principal at cotton brokers Keith Brown and Co in Moultrie
Published 29 Sep, 2016 12:00am
Oil soars six percent as Opec reaches deal to limit output in November

Oil soars six percent as Opec reaches deal to limit output in November

Oil prices settled up nearly 6 percent on Wednesday after Opec sources said the group has struck a deal to limit crude output at its policy meeting in November, its first agreement to cut production since the market crashed two years ago on oversupply.
Published 29 Sep, 2016 12:00am
US MIDDAY: corn and soya weaken

US MIDDAY: corn and soya weaken

US corn and soyabean futures weakened on Wednesday on expectations that drier weather in the coming days will allow farmers in the Midwest to ramp up the harvest of what is expected to be record-large crops, traders said. MGEX spring wheat and K.C. hard r
Published 29 Sep, 2016 12:00am
US MIDDAY: gold falls

US MIDDAY: gold falls

Gold prices fell for the second straight day and hit a one-week low on Wednesday, pressured by earlier strength in the US dollar and as investors assessed Federal Reserve Chair Janet Yellen's testimony before a congressional committee. Yellen was thrust i
Published 29 Sep, 2016 12:00am
Modi's ridiculous strategy

Modi's ridiculous strategy

Not only is India making baseless allegations against Pakistan, it is also sponsoring terrorism in Pakistan, particularly in FATA and Balochistan. No doubt, India's prime minister Narendra Modi seems to have lost his marbles. PPP chairman has rightly poin
Published 29 Sep, 2016 12:00am
Can Africa's mobile money revolution reduce poverty?

Can Africa's mobile money revolution reduce poverty?

When farmer Isaac Tondo fell on lean times in Liberia's long rainy season, his brother in the capital sent 8,000 Liberian dollars (US $87) to his Lonestar mobile money account, ensuring his children's school fees would still be paid. Across Africa more an
Published 29 Sep, 2016 12:00am
It's the corruption scandal, stupid

It's the corruption scandal, stupid

The PTI is all set to launch its protest demonstration tomorrow near Prime Minister Nawaz Sharif's Raiwind Road residence in Lahore to press its demand for the accountability of the First Family's involvement in the Panama Papers corruption scandal. The g
Published 29 Sep, 2016 12:00am
Modi's Achilles heel

Modi's Achilles heel

Last week the subcontinent witnessed an unprecedented unfolding of saber rattling and beating of the war drums, in response to the September 18 Uri attacks on an Indian brigade camp. India was quick in accusing Pakistan of sponsoring the attack and its me
Published 29 Sep, 2016 12:00am
The 'thana culture'

The 'thana culture'

The institution of police in Pakistan doesn't enjoy good reputation, and rightly so. What to talk of 'thana culture', which tends to turn the police stations into no-go areas for the ordinary people, there is ample evidence to suggest that it frequently r
Published 29 Sep, 2016 12:00am
Steep rise in C/A deficit
Currency

Steep rise in C/A deficit

It is disquieting that current account (C/A) deficit of the country has almost doubled during the first two months of the current fiscal year. According to the latest data released by the State Bank on 21st September, 2016, C/A deficit of the country has
Published 29 Sep, 2016 12:00am
The Weather

The Weather

The weather report on Wednesday (September 28, 2016) and the forecast for Thursday (September 29, 2016).

Published 29 Sep, 2016 12:00am
Spanish court jails ex-Guantanamo inmate

Spanish court jails ex-Guantanamo inmate

A Spanish court jailed a former Guantanamo Bay inmate for 11 and a half years Wednesday after convicting him of leading a recruitment cell that sent jihadists to fight in Syria. The National Court sentenced Lahcen Ikassrien, a 48-year-old Moroccan, to 10
Published 29 Sep, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (September 28, 2016).

Published 29 Sep, 2016 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 29 Sep, 2016 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 29 Sep, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (September 28, 2016).

Published 29 Sep, 2016 12:00am
Punjab chalks out plan for olive crop cultivation

Punjab chalks out plan for olive crop cultivation

Punjab government has chalked out a well-knitted plan for the promotion of olive crop in the province. Official sources told Business Recorder on Wednesday that under the plan special attention will be accorded on scientific cultivation of olive cr
Published 29 Sep, 2016 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (September 28, 2016)

Published 29 Sep, 2016 12:00am
Three-year reform program: IMF completes final review

Three-year reform program: IMF completes final review

The Executive Board of the International Monetary Fund (IMF) on September 28, 2016 completed the twelfth and final review of Pakistan''s three-year economic reform program supported by an Extended Fund Facility (EFF) arrangement. The Board''s decision ena
Published 29 Sep, 2016 12:00am
Three-year reform program: IMF completes final review

Three-year reform program: IMF completes final review

The Executive Board of the International Monetary Fund (IMF) on September 28, 2016 completed the twelfth and final review of Pakistan's three-year economic reform program supported by an Extended Fund Facility (EFF) arrangement. The Board's decision enabl
Published 29 Sep, 2016 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (September 28, 2016).

Published 29 Sep, 2016 12:00am
Three-year reform program: IMF completes final review

Three-year reform program: IMF completes final review

The Executive Board of the International Monetary Fund (IMF) on September 28, 2016 completed the twelfth and final review of Pakistan's three-year economic reform program supported by an Extended Fund Facility (EFF) arrangement. The Board's decision enabl
Published 29 Sep, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (September 28, 2016).

Published 29 Sep, 2016 12:00am
JI Shoora for ending bloodshed in Syria

JI Shoora for ending bloodshed in Syria

The central Shoora of the Jamaat e Islami has called upon the Muslim world and the international community to strive for ending the bloodshed in Syria and human rights violations in Egypt, Iraq and Afghanistan. A resolution adopted by the Shoora urged all
Published 29 Sep, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (September 28, 2016).

Published 29 Sep, 2016 12:00am
GTex exhibition: World's first automatic jeans machine displayed

GTex exhibition: World's first automatic jeans machine displayed

The world's first fully automatic jeans machine has been displayed for the visitors first time in Pakistan in a three-day GTex International B2B Textile Machinery Brand exhibition opened in the Expo Centre, Lahore, on Wednesday. Chairman Pakistan Engineer
Published 29 Sep, 2016 12:00am
Nawaz may 'attack' Supreme Court, warns Imran

Nawaz may 'attack' Supreme Court, warns Imran

Referring to previous conduct of the Pakistan Muslim League-Nawaz (PML-N), Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan on Wednesday expressed his apprehension that Prime Minister Nawaz Sharif may attack the Supreme Court of Pakistan in case a verdi
Published 29 Sep, 2016 12:00am
Nawaz may 'attack' Supreme Court, warns Imran

Nawaz may 'attack' Supreme Court, warns Imran

Referring to previous conduct of the Pakistan Muslim League-Nawaz (PML-N), Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan on Wednesday expressed his apprehension that Prime Minister Nawaz Sharif may attack the Supreme Court of Pakistan in case a verdi
Published 29 Sep, 2016 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

The rupee managed to gain slight value against the dollar on the money market on Wednesday in the process of trading, dealers said. The rupee maintained rising trend versus the dollar for buying and selling at Rs 104.69 and Rs 104.72 respectively, they sa
Published 29 Sep, 2016 12:00am
Pakistan to start roadshows today for dollar sukuk

Pakistan to start roadshows today for dollar sukuk

Pakistan will start investor roadshows on Thursday for a potential sale of US dollar-denominated Islamic bonds, aiming to begin the pricing and book-building process next week, the Ministry of Finance said on Wednesday. If successful, the deal would mark
Published 29 Sep, 2016 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

The rupee managed to gain slight value against the dollar on the money market on Wednesday in the process of trading, dealers said. The rupee maintained rising trend versus the dollar for buying and selling at Rs 104.69 and Rs 104.72 respectively, they sa
Published 29 Sep, 2016 12:00am
Pakistan to start roadshows today for dollar sukuk

Pakistan to start roadshows today for dollar sukuk

Pakistan will start investor roadshows on Thursday for a potential sale of US dollar-denominated Islamic bonds, aiming to begin the pricing and book-building process next week, the Ministry of Finance said on Wednesday. If successful, the deal would mark
Published 29 Sep, 2016 12:00am
Pakistan to start roadshows today for dollar sukuk

Pakistan to start roadshows today for dollar sukuk

Pakistan will start investor roadshows on Thursday for a potential sale of US dollar-denominated Islamic bonds, aiming to begin the pricing and book-building process next week, the Ministry of Finance said on Wednesday. If successful, the deal would mark
Published 29 Sep, 2016 12:00am
Pakistan to start roadshows today for dollar sukuk

Pakistan to start roadshows today for dollar sukuk

Pakistan will start investor roadshows on Thursday for a potential sale of US dollar-denominated Islamic bonds, aiming to begin the pricing and book-building process next week, the Ministry of Finance said on Wednesday. If successful, the deal would mark
Published 29 Sep, 2016 12:00am
Israeli ex-president and Nobel laureate Peres dies

Israeli ex-president and Nobel laureate Peres dies

Israeli ex-president and Nobel Peace Prize winner Shimon Peres died on Wednesday, some two weeks after suffering a major stroke, triggering an outpouring of grief for the historic figure and beloved statesman. Peres, who was 93, held nearly every major of
Published 29 Sep, 2016 12:00am
Israeli ex-president and Nobel laureate Peres dies

Israeli ex-president and Nobel laureate Peres dies

Israeli ex-president and Nobel Peace Prize winner Shimon Peres died on Wednesday, some two weeks after suffering a major stroke, triggering an outpouring of grief for the historic figure and beloved statesman. Peres, who was 93, held nearly every major of
Published 29 Sep, 2016 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (September 28, 2016).

Published 29 Sep, 2016 12:00am
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