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Sep 21, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-10-24
Oil slumps 5 percent as global equities tumble, Saudi supply assurances

Oil slumps 5 percent as global equities tumble, Saudi supply assurances

Oil prices plunged about 5 percent on Tuesday to two-month lows as a sell-off in global equity markets raised worries about demand growth and after Saudi Arabia said it could supply more crude quickly if needed, easing concerns ahead of US sanctions on Ir
Published 24 Oct, 2018 12:00am
Rubber falls

Rubber falls

Benchmark Tokyo rubber futures fell on Tuesday as negative factors from Saudi Arabia's diplomatic isolation to worries about Italy's finances pressured Asian shares and commodities. The Tokyo Commodity Exchange (TOCOM) rubber contract for March delivery f
Published 24 Oct, 2018 12:00am
Palm oil edges lower
Vegetable Oil

Palm oil edges lower

Malaysian palm oil futures hit their highest in three days on Tuesday before falling in the evening on declines in global markets and expectations of rising October production. The benchmark palm oil contract for January delivery on the Bursa Malaysia Der
Published 24 Oct, 2018 12:00am
Gold rises in Europe
Currency

Gold rises in Europe

Gold rose to its highest in more than three-months on Tuesday, as the dollar weakened and global stock markets tumbled, with rising political and economic uncertainties adding to the bullion's appeal. Palladium soared to a record high, with additional sup
Published 24 Oct, 2018 12:00am
US MIDDAY: wheat, corn up

US MIDDAY: wheat, corn up

Chicago Board of Trade wheat futures closed higher on Tuesday on technical buying and short-covering after the most-active December contract held above chart support established early this month near $5.05 a bushel, traders said. CBOT December soft red wi
Published 24 Oct, 2018 12:00am
US MIDDAY: gold jumps
Currency

US MIDDAY: gold jumps

Gold rose 1 percent on Tuesday to its highest level in over three months as the dollar weakened and global stock markets tumbled, with rising political and economic uncertainties adding to bullion's appeal. Palladium soared to a record high, bringing the
Published 24 Oct, 2018 12:00am
Mirpurkhas Sugar Mills Limited
Mutual Funds

Mirpurkhas Sugar Mills Limited

Mirpurkhas Sugar Mills Limited (PSX: MIRKS) was incorporated in Pakistan on May 27, 1964 as a public limited company and its shares are quoted on Pakistan Stock Exchange. Principal activity of the company is manufacturing and selling of sugar. The registe
Published 24 Oct, 2018 12:00am
Mirpurkhas Sugar Mills Limited
Mutual Funds

Mirpurkhas Sugar Mills Limited

Mirpurkhas Sugar Mills Limited (PSX: MIRKS) was incorporated in Pakistan on May 27, 1964 as a public limited company and its shares are quoted on Pakistan Stock Exchange. Principal activity of the company is manufacturing and selling of sugar. The registe
Published 24 Oct, 2018 12:00am
BoK earns Rs 927 million profit after tax in third quarter

BoK earns Rs 927 million profit after tax in third quarter

The Board of Directors of the Bank of Khyber (BOK) held its 152nd meeting on October 18, 2018 at Islamabad to approve the quarterly results for the 3rd Quarter ended September 30, 2018. The meeting was chaired by Dr Shahzad Khan Bangash, Additional Chief
Published 24 Oct, 2018 12:00am
BoK earns Rs 927 million profit after tax in third quarter

BoK earns Rs 927 million profit after tax in third quarter

The Board of Directors of the Bank of Khyber (BOK) held its 152nd meeting on October 18, 2018 at Islamabad to approve the quarterly results for the 3rd Quarter ended September 30, 2018. The meeting was chaired by Dr Shahzad Khan Bangash, Additional Chief
Published 24 Oct, 2018 12:00am
KP NAB arrests alleged fraudster

KP NAB arrests alleged fraudster

National Accountability Bureau (NAB) Khyber Pakhtunkhwa arrested accused Fazal Ahad, Managing Director (MD) Blue City Housing Scheme Nowshera allegedly involved in cheating public at large under the garb of illegal housing scheme.
Published 24 Oct, 2018 12:00am
APCTMA hails Prime Minister's move to reduce cost of business

APCTMA hails Prime Minister's move to reduce cost of business

All Pakistan Ceramic Tiles Manufacturers Association (APCTMA) has welcomed Prime Minister Imran Khan's commitment to reduce the cost of doing business and improve country's ranking in the ease of doing business index. Spokesman for APCTMA applauded PM for
Published 24 Oct, 2018 12:00am
Nepra imposes Rs 4 million fine on Iesco

Nepra imposes Rs 4 million fine on Iesco

National Electric Power Regulatory Authority (Nepra) has imposed a fine of Rs 4 million on Islamabad Electric Supply Company (Iesco) for manipulation of data and non-compliance with performance standards, particularly failure to maintain prescribed voltag
Published 24 Oct, 2018 12:00am
ASO recovers goods worth Rs 70 million

ASO recovers goods worth Rs 70 million

The Anti Smuggling Organisation (ASO) of Customs Collectorate on Tuesday recovered goods worth Rs 70 million and arrested two persons. The goods included 145 cartons of tobaccos, 9 cartons of amla bell mixture, 13 bags of naswar, 2 cartons of cigarettes g
Published 24 Oct, 2018 12:00am
Eighteen hosts 'Meet 'n Greet' with investors

Eighteen hosts 'Meet 'n Greet' with investors

Eighteen - Pakistan's most luxurious and modern residential project organized an event which served as a platform for its real estate consultants (RECs) and investors of Lahore to interact and invest in the country's finest residential project on offer. T
Published 24 Oct, 2018 12:00am
Nestlé records 1.8 percent increase in revenue

Nestlé records 1.8 percent increase in revenue

Nestlé Pakistan recorded an increase in revenue of 1.8 percent for the nine months ended September 30, 2018 despite increasingly difficult economic conditions and competitive pressures. The total revenue of the Company increased by Rs1.7 billion and stood
Published 24 Oct, 2018 12:00am
Nestlé records 1.8 percent increase in revenue

Nestlé records 1.8 percent increase in revenue

Nestlé Pakistan recorded an increase in revenue of 1.8 percent for the nine months ended September 30, 2018 despite increasingly difficult economic conditions and competitive pressures. The total revenue of the Company increased by Rs1.7 billion and stood
Published 24 Oct, 2018 12:00am
JI to organise Kashmir march in Islamabad on October 27

JI to organise Kashmir march in Islamabad on October 27

Jamaat-e-Islami, Pakistan, Senator Sirjaul Haq has said that the current escalation in the brutalities of India's occupation forces in Held Kashmir should be enough to arouse the conscience of the world community. He said the JI would stage a Kashmir marc
Published 24 Oct, 2018 12:00am
LHC CJ administers oath to six confirmed, eight additional judges

LHC CJ administers oath to six confirmed, eight additional judges

The Lahore High Court newly appointed Justice Muhammad Anwarul Haq here Tuesday administered oath to six confirmed and eight additional judges of the High Court. The confirmed judges include Justice Mujahid Mustaqeem Ahmad, Justice Asjad Javaid Ghural, Ju
Published 24 Oct, 2018 12:00am
260 ASJs appointed through PPSC say goodbye to jobs

260 ASJs appointed through PPSC say goodbye to jobs

Nearly 260 Assistant Superintendents of Jails (ASJs) out of the total 525 recruited through the Punjab Public Service Commission (PPSC) have left their jobs owing to lack of service structure, promotion criterion and non-availability of basic facilities l
Published 24 Oct, 2018 12:00am
PM optimistic about resolving economic issues

PM optimistic about resolving economic issues

Positive response of the business community towards water and other important issues confronted by Pakistan is highly appreciable and hopefully we will settle these issues very soon with the active support of patriotic businessmen, said Prime Minister Imr
Published 24 Oct, 2018 12:00am
Hamza hints at PML-N-PPP alliance

Hamza hints at PML-N-PPP alliance

The opposition leader in Punjab Assembly Hamza Shahbaz hinted that PML-N will make an alliance with Pakistan Peoples Party (PPP) as it was an old and experience political party and had seen ups and downs of the country's politics. Talking to media outside
Published 24 Oct, 2018 12:00am
Guard, Longping Hi-tech to introduce heat resistant long grain

Guard, Longping Hi-tech to introduce heat resistant long grain

Guard Agricultural Research & Services (Ltd) & Chinese hybrid rice giant Longping Hi-tech is all set to introduce a heat resistant long grain variety for commercial sowing in Pakistan named as 'LP18' from the next year. Sindh is experiencing extreme heat
Published 24 Oct, 2018 12:00am
Jazz crosses 20 million broadband subscribers

Jazz crosses 20 million broadband subscribers

Jazz claims to have achieved another telecom industry milestone by crossing 20 million broadband subscribers. It has become Pakistan's leading digital communications company as the number one provider of 3G/4G data. Pakistan Telecommunica-tions Authority'
Published 24 Oct, 2018 12:00am
Meaningful change: Punjab CM vows to accomplish IK's vision

Meaningful change: Punjab CM vows to accomplish IK's vision

Punjab chief minister Sardar Usman Buzdar has expressed his firm resolve to materialize Prime Minister Imran Khan's vision of bringing a meaningful change in the country. "Resolution of problems at the doorsteps of the people is the PTI manifesto and ever
Published 24 Oct, 2018 12:00am
Minister urges leaders of opposition to maintain decorum of house

Minister urges leaders of opposition to maintain decorum of house

Punjab Minister for Information and Culture, Fayyaz-ul-Hassan Chohan has urged the legislators to maintain honour and decorum of the parliament, for which they are bound legally and constitutionally. Talking to newsmen outside the Punjab Assembly on Tuesd
Published 24 Oct, 2018 12:00am
LCCI calls for promoting cottage industry in rural areas

LCCI calls for promoting cottage industry in rural areas

The Lahore Chamber of Commerce and Industry (LCCI) has called for promoting cottage industry in the rural areas of the country. The LCCI Acting President Khawaja Shahzad Nasir while addressing the delegation of All Pakistan Cottage Industry, led by Ghulam
Published 24 Oct, 2018 12:00am
275th annual Urs of Latif Bhitai begins today

275th annual Urs of Latif Bhitai begins today

The divisional and district administration have finalised all arrangements to celebrate 275th three day annual Urs celebrations of Hazrat Shah Abdul Latif Bhitai being started today at Bhitshah town district Matiari. In this connection, a meeting was held
Published 24 Oct, 2018 12:00am
PBIF chief urges SBP to introduce PayPal service

PBIF chief urges SBP to introduce PayPal service

President of Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain, has proposed that State Bank should take measures to introduce PayPal services in Pakistan to benefit the entrepreneurs associated with e-commerce. "The small investors
Published 24 Oct, 2018 12:00am
Shallwani new Commissioner Karachi

Shallwani new Commissioner Karachi

Iftikhar Ali Shallwani, an officer of BS-21, has been posted as Commissioner Karachi vice Muhammad Sualeh Faruqui with immediate effect. Sualeh Faruqui has been asked to report to Services and General Department, according to a notification issued by Chie
Published 24 Oct, 2018 12:00am
DGTO orders FPCCI to notify VP's removal

DGTO orders FPCCI to notify VP's removal

Directorate General of Trade Organization (DGTO) has directed the Federation of Pakistan Chamber of Commerce and Industry (FPCCI) to immediately notify removal of Syeda Saeeda Bano from the position of FPCCI's vice president. In an order issued here on Tu
Published 24 Oct, 2018 12:00am
NFR generation key to make KCR sustainable: study

NFR generation key to make KCR sustainable: study

Non-Fare Revenue (NFR) generation is important to make Karachi Circular Railway (KCR) sustainable for which policy research should be initiated on urgent basis, a government study reveals. NFR generation - research needs to be initiated for developing a N
Published 24 Oct, 2018 12:00am
Mayor seeks business community's help for KMC

Mayor seeks business community's help for KMC

Karachi Mayor Waseem Akhtar on Tuesday urged the business community to help Karachi Metropolitan Corporation (KMC) resolve the issues of metropolis. "Traders and industrialist should own Karachi," he urged at separate meetings with the visiting delegation
Published 24 Oct, 2018 12:00am
'FBR declares Aza Khel dry port as customs station'

'FBR declares Aza Khel dry port as customs station'

Vice President, All Pakistan Customs Agents Association (APCAA), Zia-ul-Haq Sarhadi has said that Federal Board of Revenue (FBR) has issued directives for declaring Aza Khel Dry Port as Customs Station. In a statement issued here on Tuesday, he said that
Published 24 Oct, 2018 12:00am
German businessmen evince interest in energy sector's JVs

German businessmen evince interest in energy sector's JVs

German businessmen from Bavaria region have shown interest in joint ventures with Pakistani counterparts, especially in energy sector and skill development trainings in Sindh. These views were expressed by a 36-member German business delegation headed by
Published 24 Oct, 2018 12:00am
Gunmen kill four people in NW

Gunmen kill four people in NW

Three employees of oil and gas exploration company and their paramilitary escort were kidnapped and shot dead Tuesday in a tribal region near the Afghan border, officials said. "The employees and their escort, an official of Frontier Corps, were heading t
Published 24 Oct, 2018 12:00am
LHC directs IG to enforce traffic laws

LHC directs IG to enforce traffic laws

The Lahore High Court on Tuesday directed the Punjab inspector general of police to strictly implement restriction of wearing helmets by motorcyclists in whole province. A bar member Syed Kamal Haider, sought the court's directions for the enforcement of
Published 24 Oct, 2018 12:00am
Emirates offer customers special deals

Emirates offer customers special deals

Emirates has announced its latest sale Tuesday, offering Pakistani customers special deals on economy and business class return flights to some of its most popular US destinations. Customers have to book by 05 November 2018, for travel between 25 October
Published 24 Oct, 2018 12:00am
Property festival concludes in Islamabad

Property festival concludes in Islamabad

A two-day property festival in Islamabad exclusively organised by Graana.com successfully concluded with a colourful launching ceremony of Graana.com, the smartest property portal of Pakistan. People from different walks of life including the media, corpo
Published 24 Oct, 2018 12:00am
Chohan playing a role of mercenary: adviser

Chohan playing a role of mercenary: adviser

Adviser to Chief Minister Sindh on Information, Law and Anti Corruption Barrister Murtaza Wahab has slammed Punjab Information Minister Fayyaz Chohan's statement regarding former President Asif Ali Zardari and said that Fayyaz Chohan was playing a role of
Published 24 Oct, 2018 12:00am
Import of raw materials: Misuse of tax exemption facility unearthed

Import of raw materials: Misuse of tax exemption facility unearthed

Directorate General of Customs Intelligence Peshawar has unearthed massive misuse of tax exemption facility available on the import of raw materials including inks, printing plates, dyes, chemicals and paper imported for printing of the Holy Quran and rel
Published 24 Oct, 2018 12:00am
Oil tankers' strike called off

Oil tankers' strike called off

All Pakistan Oil Tanker Owners Association (APOTOA) on Tuesday announced to call off strike following assurances from the Sindh Governor Imran Ismail to redress their grievances. "Our representatives had a meeting with the Governor who has taken up the is
Published 24 Oct, 2018 12:00am
PFA may introduce gadget for food items' veracity
Currency

PFA may introduce gadget for food items' veracity

The Punjab's food regulatory body on Tuesday planned to introduce the currency note ink for the recognition of fake and real food items in the market. The DG Punjab Food Authority met with the delegation of International Labeling Security Company regardin
Published 24 Oct, 2018 12:00am
Youth must be equipped with market-driven skills: FCCI

Youth must be equipped with market-driven skills: FCCI

Export of skilled manpower could not only bridge the import and export gap, but also help Pakistan to immediately increase its foreign remittances from 20 to 40 billion dollars without accepting the dictates' of International Monitory Fund (IMF). However,
Published 24 Oct, 2018 12:00am
Pasban chief calls for giving more time to government

Pasban chief calls for giving more time to government

Pasban Democratic Party president Altaf Shakoor has expressed concern over meetings of opposition parties apparently to topple the PTI government and said the new government should be given more time to show its performance. He said some veteran politicia
Published 24 Oct, 2018 12:00am
Farmers advised to ensure quality of cotton
Cotton

Farmers advised to ensure quality of cotton

The Met Office on Tuesday asked the farmers to step up with proper precautions while plucking cotton to ensure the quality of production since the high-standard output fetches a better return. The poorly plucked cotton is treated as a filthy output that f
Published 24 Oct, 2018 12:00am
PML-N, APML activists join PTI

PML-N, APML activists join PTI

Activists of Pakistan Muslim League-N, All Pakistan Muslim League from district Nowshera and Peshawar announced the joining of Pakistan Tehreek-e-Insaf by quitting their parties, here on Tuesday.
Published 24 Oct, 2018 12:00am
KP to offer SICs to 0.8 million poor people in next five years

KP to offer SICs to 0.8 million poor people in next five years

The Khyber Pakthunkhwa Government has planned to include additional 800,000 deserving and poor families under social safety health program by issuing them Sehat Insaf Cards (SICs) to provide free of cost treatment to them in next five years.
Published 24 Oct, 2018 12:00am
FDI rises to $1.3 billion in 2017: AEIR

FDI rises to $1.3 billion in 2017: AEIR

Pakistan as a destination of foreign direct investment (FDI) in services (intra-Asia) was at number ten and attracted 0.7 billion dollars in 2003-09, declining to 0.3 billion dollars in 2010-15 and further declining to zero in 2016 while rising to 1.3 bil
Published 24 Oct, 2018 12:00am
Six newly elected KP MPAs take oath

Six newly elected KP MPAs take oath

Speaker Khyber Pakhtunkhwa Assembly Mushtaq Ahmad Ghani on Tuesday administered the oath to six newly elected members of provincial assembly (MPA), who were elected in recently held by elections.
Published 24 Oct, 2018 12:00am
USC employees' protest enters second day

USC employees' protest enters second day

The employees of Utility Stores Corporation (USC) Tuesday continued their sit-in against the federal government for the second consecutive day and vowed not to end their protest unless all their demands are met.
Published 24 Oct, 2018 12:00am
Non-removal of name from ECL: Ex-PPP MNA moves IHC

Non-removal of name from ECL: Ex-PPP MNA moves IHC

Former member of National Assembly (MNA) and leader of Pakistan Peoples Party (PPP), Asma Arbab Alamgir on Tuesday moved the Islamabad High Court seeking contempt of court proceedings against secretary interior for not removing her name from the Exit Cont
Published 24 Oct, 2018 12:00am
ECL: Zulfi moves IHC

ECL: Zulfi moves IHC

The Islamabad High Court Tuesday issued notices to chairman NAB, secretary interior and DG FIA in a petition of Special Assistant to the Prime Minister on Overseas Pakistanis and Human Resource Development Syed Zulfiqar Abbas Bukhari seeking removal of hi
Published 24 Oct, 2018 12:00am
President summons NA session on October 29

President summons NA session on October 29

President of the Islamic Republic of Pakistan Dr Arif Alvi has been pleased to summon the Session of the National Assembly on Monday (29th October, 2018) at 4:00 pm in the Parliament House, Islamabad. The President has summoned the National Assembly Sessi
Published 24 Oct, 2018 12:00am
APHC holds demo against killing of Kashmiris by Indian troops

APHC holds demo against killing of Kashmiris by Indian troops

All Parties Hurriyat Conference, Azad Jammu and Kashmir chapter, on Tuesday held a protest demonstration to condemn the recent killing of innocent people, including a pregnant woman, by Indian troops in Occupied Kashmir. Addressing the protesters, the spe
Published 24 Oct, 2018 12:00am
Chinese envoy, Soomro discuss progress of CPEC

Chinese envoy, Soomro discuss progress of CPEC

The People's Republic of China's envoy to Pakistan Yao Jing called on Federal Minister for Privatisation Mohammedmian Soomro here Tuesday. The envoy discussed matters of mutual interest and the progress of China Pakistan Economic Corridor (CPEC). China an
Published 24 Oct, 2018 12:00am
Minister terms Punjab's power projects 'big scams'

Minister terms Punjab's power projects 'big scams'

Senior Minister Punjab Abdul Aleem Khan has said that due to wrong planning many power projects in Punjab are big scams and they are not producing desired electricity. He said that circular debt, over payments and incomplete projects are the core problems
Published 24 Oct, 2018 12:00am
The dam debate

The dam debate

Business Recorder op-ed writer Syed Bakhtiar Kazmi has a very different perspective on the ongoing dam debate. His is a highly informed comment. There cannot be two opinions about the criticality of water in an agrarian economy such as ours. But th
Published 24 Oct, 2018 12:00am
Playing the game with your skin in it

Playing the game with your skin in it

Who should you let decide your future and wellbeing? Clearly not someone who does not share the stakes in the outcome. Nassim Nicholas Taleeb, a contemporary author who himself spent 2 decades as a risk taker before becoming a full-time essayist, illustra
Published 24 Oct, 2018 12:00am
Yen, Swiss franc to regain allure if global market storm hits
Currency

Yen, Swiss franc to regain allure if global market storm hits

Shaky global stocks and a recent spike in U.S. equity volatility have sounded a warning for investors eager to find assets offering shelter in case world markets go belly-up. Treasury bonds, gold, London property, and even bitcoin have lured investors dur
Published 24 Oct, 2018 12:00am
Impediments to FDI

Impediments to FDI

Doing business, any kind of business in Pakistan is known to be a tough proposition. The World Bank's 2018 ranking on Doing Business Index (DBI) records Pakistan's overall position almost at the bottom on the list - at 147th.
Published 24 Oct, 2018 12:00am
Accountability drive and avoidable controversies

Accountability drive and avoidable controversies

Facing accountability courts, once again, PPP co-chairman Asif Ali Zardari let off steam at a news conference in Islamabad. Political forces, he said, will have to unite and pass a resolution that the present government cannot last long, and is not capabl
Published 24 Oct, 2018 12:00am
A holistic plan is needed for all sectors

A holistic plan is needed for all sectors

Prime Minister Imran Khan while chairing the task force on energy stated that the public must no longer be made to bear the brunt of losses due to power theft and power sector mismanagement and directed the Ministry of Power to take urgent remedial measur
Published 24 Oct, 2018 12:00am
LHC allows protective bail to Safdar

LHC allows protective bail to Safdar

The Lahore High Court on Tuesday granted protective bail to Capt Muhammad Safdar (retd), son-in-law of Nawaz Sharif and restrained the National Accountability Bureau (NAB) of Khyber Pakhtunkhwa (KP) from arresting him.
Published 24 Oct, 2018 12:00am
LHC allows protective bail to Safdar

LHC allows protective bail to Safdar

The Lahore High Court on Tuesday granted protective bail to Capt Muhammad Safdar (retd), son-in-law of Nawaz Sharif and restrained the National Accountability Bureau (NAB) of Khyber Pakhtunkhwa (KP) from arresting him.
Published 24 Oct, 2018 12:00am
Joint operation against defaulters, power thieves on the cards

Joint operation against defaulters, power thieves on the cards

Federal government has decided to launch joint operation against defaulters and power thieves in collaboration with the provincial government, fearing that if current situation continues in the power sector, the country's economy will collapse. This was r
Published 24 Oct, 2018 12:00am
Joint operation against defaulters, power thieves on the cards

Joint operation against defaulters, power thieves on the cards

Federal government has decided to launch joint operation against defaulters and power thieves in collaboration with the provincial government, fearing that if current situation continues in the power sector, the country's economy will collapse. This was r
Published 24 Oct, 2018 12:00am
US sanctions target Taliban, Iranian backers

US sanctions target Taliban, Iranian backers

The United States targeted Afghanistan's Taliban insurgency on Tuesday with sanctions against eight individuals, including two linked to the Quds Force of Iran's Revolutionary Guards. The individuals, who also include two Pakistanis and four Afghans, were
Published 24 Oct, 2018 12:00am
US sanctions target Taliban, Iranian backers

US sanctions target Taliban, Iranian backers

The United States targeted Afghanistan's Taliban insurgency on Tuesday with sanctions against eight individuals, including two linked to the Quds Force of Iran's Revolutionary Guards. The individuals, who also include two Pakistanis and four Afghans, were
Published 24 Oct, 2018 12:00am
NBP maintains growth; PAT up 10 percent

NBP maintains growth; PAT up 10 percent

The meeting of the Board of Directors (BoD) of National Bank of Pakistan (NBP) was held on October 23, 2018 at the Bank''''s Head Office here, in which the BoD approved the financial statements of the Bank for the nine months period ended September 30, 20
Published 24 Oct, 2018 12:00am
NBP maintains growth; PAT up 10 percent

NBP maintains growth; PAT up 10 percent

The meeting of the Board of Directors (BoD) of National Bank of Pakistan (NBP) was held on October 23, 2018 at the Bank''s Head Office here, in which the BoD approved the financial statements of the Bank for the nine months period ended September 30, 2018
Published 24 Oct, 2018 12:00am
NBP maintains growth; PAT up 10 percent

NBP maintains growth; PAT up 10 percent

The meeting of the Board of Directors (BoD) of National Bank of Pakistan (NBP) was held on October 23, 2018 at the Bank's Head Office here, in which the BoD approved the financial statements of the Bank for the nine months period ended September 30, 2018.
Published 24 Oct, 2018 12:00am
NBP maintains growth; PAT up 10 percent

NBP maintains growth; PAT up 10 percent

The meeting of the Board of Directors (BoD) of National Bank of Pakistan (NBP) was held on October 23, 2018 at the Bank's Head Office here, in which the BoD approved the financial statements of the Bank for the nine months period ended September 30, 2018.
Published 24 Oct, 2018 12:00am
When Capital FZE set up?

When Capital FZE set up?

Former Prime Minister Nawaz Sharif's son Hassan Nawaz had told the Joint Investigation Team (JIT) that probed the Panama Papers case that he had set up Capital FZE between the years 2000 and 2001 when his family was in exile in the Kingdom of Saudi Arabia
Published 24 Oct, 2018 12:00am
When Capital FZE set up?

When Capital FZE set up?

Former Prime Minister Nawaz Sharif's son Hassan Nawaz had told the Joint Investigation Team (JIT) that probed the Panama Papers case that he had set up Capital FZE between the years 2000 and 2001 when his family was in exile in the Kingdom of Saudi Arabia
Published 24 Oct, 2018 12:00am
Xi inaugurates Hong Kong-mainland mega bridge

Xi inaugurates Hong Kong-mainland mega bridge

China''s President Xi Jinping officially opened the world''s longest sea bridge connecting Hong Kong, Macau and mainland China Tuesday, at a time when Beijing is tightening its grip on its semi-autonomous territories. The 55-kilometre (34-mile) crossing,
Published 24 Oct, 2018 12:00am
Xi inaugurates Hong Kong-mainland mega bridge

Xi inaugurates Hong Kong-mainland mega bridge

China's President Xi Jinping officially opened the world's longest sea bridge connecting Hong Kong, Macau and mainland China Tuesday, at a time when Beijing is tightening its grip on its semi-autonomous territories. The 55-kilometre (34-mile) crossing, wh
Published 24 Oct, 2018 12:00am
Xi inaugurates Hong Kong-mainland mega bridge

Xi inaugurates Hong Kong-mainland mega bridge

China's President Xi Jinping officially opened the world's longest sea bridge connecting Hong Kong, Macau and mainland China Tuesday, at a time when Beijing is tightening its grip on its semi-autonomous territories. The 55-kilometre (34-mile) crossing, wh
Published 24 Oct, 2018 12:00am
Interpol arrests Omni Group's chief financial officer

Interpol arrests Omni Group's chief financial officer

The ongoing money laundering case through fake bank accounts met one of its breakthrough as the Interpol apprehended one of the key accused Aslam Masood who had fled the country after his nomination in the case. According to details, Aslam Masood, the chi
Published 24 Oct, 2018 12:00am
Interpol arrests Omni Group's chief financial officer

Interpol arrests Omni Group's chief financial officer

The ongoing money laundering case through fake bank accounts met one of its breakthrough as the Interpol apprehended one of the key accused Aslam Masood who had fled the country after his nomination in the case. According to details, Aslam Masood, the chi
Published 24 Oct, 2018 12:00am
Turkey, US vow to get to bottom of Khashoggi killing

Turkey, US vow to get to bottom of Khashoggi killing

Turkey and the United States vowed on Tuesday to get to the bottom of the killing of Jamal Khashoggi and punish those responsible, after Saudi Arabia admitted that the prominent journalist died during a Saudi security operation in Istanbul. Turkish Presid
Published 24 Oct, 2018 12:00am
Turkey, US vow to get to bottom of Khashoggi killing

Turkey, US vow to get to bottom of Khashoggi killing

Turkey and the United States vowed on Tuesday to get to the bottom of the killing of Jamal Khashoggi and punish those responsible, after Saudi Arabia admitted that the prominent journalist died during a Saudi security operation in Istanbul. Turkish Presid
Published 24 Oct, 2018 12:00am
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