Erdogan says he will visit Saudi Arabia in February ISTANBUL: Turkish President Tayyip Erdogan said on Monday he will make a visit next month to Saudi Arabia, whose ... Published 04 Jan, 2022 06:54am
Omicron evades immunity better than Delta COPENHAGEN: The Omicron coronavirus variant is better at circumventing vaccinated peoples’ immunity than the Delta... Published 04 Jan, 2022 06:54am
Industry PCBIF to enhance B2B ventures with China: BoI chairman ISLAMABAD: Prime Minister Imran Khan, on Monday, launched the Pak-China Business Investment Forum (PCBIF) aimed at... Published 04 Jan, 2022 06:54am
Garo to Keti Bandar road: NHA directed to start work within 15 days ISLAMABAD: A parliamentary panel, on Monday, directed the National Highways Authority (NHA) to start work on Garo to... Published 04 Jan, 2022 06:54am
Clashes among IIUI students leave many injured ISLAMABAD: Different student groups in the International Islamic University, Islamabad clashed on Monday, leaving... Published 04 Jan, 2022 06:54am
PM asks spokespersons, ministers to counter opposition’s ‘fake’ narrative ISLAMABAD: Prime Minister Imran Khan on Monday directed the government’s spokespersons and ministers to counter ... Published 04 Jan, 2022 06:54am
E&P blocks: minister says 3rd bidding will be held in March ISLAMABAD: Minister for Energy Hammad Azhar on Monday said Pakistan Tehreek-e-Insaf (PTI) government had so far held... Published 04 Jan, 2022 06:54am
Over Rs70m released for non-gazetted applicants FAISALABAD: The District Welfare Fund Board has released grants of over Rs 70 million for the 2730 non gazetted... Published 04 Jan, 2022 06:54am
Industry APTMA demands govt save industry KARACHI: All Pakistan Textile Mills Association (APTMA) demands immediate measures to save textile industry from... Published 04 Jan, 2022 06:54am
Activities of SSWMB in Korangi praised KARACHI: Korangi Association of Trade and Industry (KATI) Patron-in-Chief SM Muneer, Acting President Maheen Salman,... Published 04 Jan, 2022 06:54am
Heavy rainfall likely in Balochistan’s coastal areas GWADAR: The Met Office on Monday predicted heavy rainfall with stormy winds in coastal areas of Balochistan. The wet... Published 04 Jan, 2022 06:54am
Downstream water shortage constitutes serious threat to Indus delta: experts KARACHI: Downstream water shortage has brought the Indus delta to an imminent colossal damage, besides reducing silt... Published 04 Jan, 2022 06:54am
Protest against LG law: Ghani says assembly, not roads, right forum for achieving objective KARACHI: Sindh Information and Labour Minister Saeed Ghani said on Monday that agitation on roads of Karachi is not... Published 04 Jan, 2022 06:54am
Muzammil Sultan becomes FDPT Chairman FAISALABAD: Newly-elected Chairman Muzammil Sultan and Junaid Ahmad Banth, Vice Chairman of the Faisalabad Dry Port... Published 04 Jan, 2022 06:54am
First Jamadi-us-Sani tomorrow ISLAMABAD: Chairman Central Ruet-e-Hilal Committee Maulana Muhammad Abdul Khabir Azad announced on Monday that the... Published 04 Jan, 2022 06:54am
Dubai-bound PIA’s flight takes off from Sialkot KARACHI: Pakistan International Airline (PIA) has commenced its flights from Sialkot to Dubai. According to the... Published 04 Jan, 2022 06:54am
Arrangements for Covid-19 vaccination, anti-polio drive reviewed HYDERABAD: Divisional Commissioner Hyderabad Muhammad Abbas Baloch has said that people thought that they got rid of... Published 04 Jan, 2022 06:54am
South Asia Oxfam says ‘severely’ affected by Indian foreign funds ban NEW DELHI: Oxfam India says restrictions on its access to international funds will have severe consequences for its... Published 04 Jan, 2022 06:54am
India’s Future Retail asks court to declare arbitration with Amazon illegal MUMBAI: India’s Future Retail has asked a New Delhi court to declare arbitration proceedings in Singapore with... Published 04 Jan, 2022 06:54am
Europe EU denies trying to ‘bury’ green investment plan with Dec 31 release BRUSSELS: The EU’s executive on Monday rejected suggestions it waited until New Year’s Eve to publish divisive... Published 04 Jan, 2022 06:54am
Europe Covid cases halt Canaries-bound cruise for 3,000 LISBON: Some 3,000 passengers, mostly Germans, saw their Canary Islands-bound cruise halted Monday after a Covid-19... Published 04 Jan, 2022 06:54am
FDA clears Pfizer’s Covid-19 booster shot for 12- to 15-year-olds NEW YORK: The US Food and Drug Administration on Monday authorized the use of a third dose of the Pfizer and ... Published 04 Jan, 2022 06:54am
South Asia Covid-hit cruise halted in Indian waters PANAJI, (India): More than 2,000 people travelling on a cruise ship in Indian waters have been prevented from... Published 04 Jan, 2022 06:54am
Africa Six killed in suspected Al-Shabaab attack in Kenya NAIROBI: Six people have been been killed and homes torched in a grisly attack Monday by suspected Al-Shabaab... Published 04 Jan, 2022 06:54am
Middle East Drone attack on US base foiled BAGHDAD: Two armed drones were shot down on Monday as they approached an Iraqi military base hosting U.S. forces ... Published 04 Jan, 2022 06:54am
Middle East Iran not at point of recognizing Taliban’s government TEHRAN: Iran has not reached the point of recognising the Taliban government in neighbouring Afghanistan, the ... Published 04 Jan, 2022 06:54am
Balochistan: Punjab governor highlights importance of development LAHORE: Terming development of Balochistan imperative for the country’s progress and prosperity, Governor Punjab... Published 04 Jan, 2022 06:54am
63pc of complaints filed by overseas resolved: VC OPC LAHORE: Vice Chairperson Overseas Pakistanis Commission Punjab Makhdoom Syed Tariq Mahmoodul Hassan has claimed that... Published 04 Jan, 2022 06:54am
Shehbaz ‘legally’ bound to bring Nawaz back: Fawad FAISALABAD: Minister for Information and Broadcasting Chaudhry Fawad Hussain on Monday said that Pakistan Muslim... Published 04 Jan, 2022 06:54am
Law Ministry rebuts news item ISLAMABAD: The Ministry of Law and Justice on Monday clarified that Federal Minister for Law and Justice Barrister ... Published 04 Jan, 2022 06:54am
All-rounder Hafeez announces retirement from int’l cricket LAHORE: Announcing his retirement from international cricket, all-rounder and former skipper Mohammad Hafeez (41)... Published 04 Jan, 2022 06:54am
Withdrawal of ST exemption on agri implements: PKI says proposed move to raise cost of cultivation by 10pc LAHORE: The Pakistan Kissan Ittehad (PKI) has claimed that proposal to withdraw sales tax exemption on agricultural... Published 04 Jan, 2022 06:54am
Nation-building: Babar Ali asks businesspeople to play their role LAHORE: “The business community should come forward and play its due role for nation’s building”. This was... Published 04 Jan, 2022 06:54am
Two districts: Bilawal appoints PPP office-bearers KARACHI: Chairman of Pakistan Peoples Party Bilawal Bhutto Zardari Monday appointed office bearers of the District... Published 04 Jan, 2022 06:54am
Iesco CEO vows to eradicate power theft ISLAMABAD: Islamabad Electric Supply Company (Iesco) Chief Executive Dr Muhammad Amjad Khan has said he is committed... Published 04 Jan, 2022 06:54am
AI- BASED PARAMETRIC SOLUTIONS TO STOKE INNOVATIONS IN TAKAFUL INDUSTRY TEXT: Digital transformation in the financial service industry is a strategic imperative that everyone competing in... Published 04 Jan, 2022 06:54am
MTO PROGRAM FOR MADARIS GRADUATES, A FIRST OF ITS KIND IN THE HISTORY OF ISLAMIC FINANCIAL SECTOR TEXT: Founded as centers of learning for the next generation of Islamic scholars and clerics, Madaris have played a... Published 04 Jan, 2022 06:54am
THE FIRST MULTI-FUNCTIONAL MEDICAL PLATFORM, SALAAM APP AND SALAAM VIRTUAL CLINIC TEXT: With the introduction of various new technologies, telehealth is now challenging the way healthcare is... Published 04 Jan, 2022 06:54am
THE 1ST GENERAL TAKAFUL OPERATOR TO DISTRIBUTE SURPLUS MONEY TO ITS PARTICIPANTS TEXT: Takaful and conventional insurance at first glance may look similar, in that they both share the objective of... Published 04 Jan, 2022 06:54am
‘SALAAM PAY-AS-YOU-DRIVE’, A BETTER COMPREHENSIVE MOTOR TAKAFUL TEXT: Another first by Salaam Takaful Limited, Pay-As-You-Drive is a telematics-based takaful coverage that tracks... Published 04 Jan, 2022 06:54am
FINTECH GLOBAL RECOGNIZES SALAAM TAKAFUL LIMITED AS THE LEADING ISLAMIC INSURTECH IN PAKISTAN TEXT: Enrolling in home, auto, health or other types of coverage plans can bring peace of mind, but as anyone who ... Published 04 Jan, 2022 06:54am
THE FIRST ISLAMIC INSURTECH OF PAKISTAN: CEO’S MESSAGE RIZWAN HUSSAIN MANAGING DIRECTOR & CEO, SALAAM TAKAFUL LIMITED TEXT: If I can express the current era of the world in a sentence, it would be tradition in form of modernization. ... Published 04 Jan, 2022 06:54am
The Weather KARACHI: The weather report on Saturday (January 1, 2022) and the forecast for Sunday (January 2, 2022).... Published 04 Jan, 2022 06:54am
PPP, PML-N maintain ‘secret’ bank accounts: Farrukh ISLAMABAD: State Minister for Information and broadcasting Farrukh Habib, on Monday, said that the Pakistan Muslim... Published 04 Jan, 2022 06:54am
Nomination of Justice Ayesha: Lawyers decide to boycott courts ISLAMABAD: The top bodies of lawyers, unanimously, decided to boycott the courts proceedings on January 6, 2022, if... Published 04 Jan, 2022 06:54am
Joint candidates in LB polls: PTI, PML-Q holding consultations LAHORE: The alliance between the ruling PTI and Pakistan Muslim League-Q (PML-Q) is being moved forward with... Published 04 Jan, 2022 06:54am
Delegation of Hindu pilgrims calls on CJP ISLAMABAD: Chief Justice Gulzar Ahmed said there is religious tolerance in Pakistan where every citizen has the ... Published 04 Jan, 2022 06:54am
Progress and prosperity of the country: NA Speaker heaps praise on contributions of minorities ISLAMABAD: National Assembly Speaker Asad Qaiser has said that religious minorities are a vital part of Pakistani... Published 04 Jan, 2022 06:54am
117 Omicron cases reported in Punjab so far LAHORE: Health professionals have expressed concern after 33 fresh cases of Omicron variant surfaced in Lahore ... Published 04 Jan, 2022 06:54am
PTI MNA emerges as top taxpayer ISLAMABAD: The ruling Pakistan Tehreek-e-Insaf (PTI) Member National Assembly from Karachi, Muhammad Najeeb Haroon,... Published 04 Jan, 2022 06:54am
Three CMs, six federal ministers didn’t file wealth statements ISLAMABAD: Three chief ministers, six federal ministers, deputy speaker National Assembly and two former prime... Published 04 Jan, 2022 06:54am
Barbed wire Pak-Afghan border: ‘Complications’ to be resolved thru diplomatic channels: Qureshi ISLAMABAD: Foreign Minister Shah Mahmood Qureshi, Monday, confirmed “complications” in fencing Pakistan-Afghan... Published 04 Jan, 2022 06:54am
Qureshi chairs meeting on ‘Vision Central Asia’ ISLAMABAD: Foreign Minister Shah Mahmood Qureshi on Monday chaired a high-level meeting on “Vision Central Asia”... Published 04 Jan, 2022 06:54am
PARTLY FACETIOUS: Qarz-e-Hasna from daddy “You have heard of from rags to riches right?” “Don’t tell me you are now going to develop a contrary ... Published 04 Jan, 2022 06:54am
NTDC enhances capacity of grid stations LAHORE: National Transmission and Despatch Company Limited (NTDC) has successfully enhanced capacity of 500 kV grid... Published 04 Jan, 2022 06:54am
The Sajid Majeed Chaudhry issue: EAD underscores need for forming ‘independent’ commission of inquiry ISLAMABAD: The mystery of Sajid Majeed Chaudhry’s whereabouts and his linkages with Lashkar-e-Taiba is said to ... Published 04 Jan, 2022 06:54am
Can a neutral observer help resolve Punjab-Sindh water dispute? LAHORE: Special Assistant to Chief Minister Hasaan Khawar has said that a neutral observer could help resolve water... Published 04 Jan, 2022 06:54am
Minister reviews distribution of health cards LAHORE: Punjab Health Minister Dr Yasmin Rashid in a meeting here Monday reviewed timeliness compliance on... Published 04 Jan, 2022 06:54am
Rashid meets CM, discusses political situation LAHORE: Interior Minister Sheikh Rashid met Punjab Chief Minister Usman Buzdar, here on Monday and discussed the... Published 04 Jan, 2022 06:54am
FBR reveals agri income of MPs: Rind tops the list; Zardari runner-up ISLAMABAD: The Federal Board of Revenue (FBR), on Monday, released for the first time the agriculture income of... Published 04 Jan, 2022 06:54am
Poor inmates: Punjab govt to provide legal assistance LAHORE: The Punjab government has decided to provide legal assistance to the jail inmates who could not engage a... Published 04 Jan, 2022 06:54am
PIMS fills six vacant key positions ISLAMABAD: The Board of Governors (BoG) of the Pakistan Institute of Medical Sciences (PIMS) has completed the... Published 04 Jan, 2022 06:54am
Border areas of Balochistan: President for facilitating importers, exporters ISLAMABAD: President Dr Arif Alvi directed the relevant departments to take steps for facilitating the importers and... Published 04 Jan, 2022 06:54am
PM pays Rs9,854,959 tax ISLAMABAD: Prime Minister Imran Khan has paid tax of Rs9,854,959 during tax year 2019 against Rs282,449 paid in tax... Published 04 Jan, 2022 06:54am
Hawala, hundi network busted, Rs5bn transactions detected KARACHI: The Federal Investigation Agency (FIA) claimed on Monday to have busted a network of people involved in the... Published 04 Jan, 2022 06:54am
Fall of Dhaka: speakers underscore need for objective analysis KARACHI: “After 50 years of the separation of East and West Pakistan, it is time we use the lens of facts and... Published 04 Jan, 2022 06:54am
KIBF ends with record success Karachi: The five-day Karachi International Book Fair (KIBF) culminated at Karachi Expo Centre with a record of... Published 04 Jan, 2022 06:54am
Sindh reports 175 Omicron variant cases KARACHI: The Sindh government, just to ascertain prevalence of Omicron in the province, conducted 351 tests of which... Published 04 Jan, 2022 06:54am
Airline offers special fares KARACHI: Emirates Airlines has announced special fares for Pakistani passengers. According to the details, the... Published 04 Jan, 2022 06:54am
Studying arts is no less important, says Pirzada Qasim KARACHI: Renowned poet and academician Dr Pirzada Qasim Raza Siddiqui Monday said studying art, literature and ... Published 04 Jan, 2022 06:54am
JI’s sit-in against Sindh LG Act attracts large number of women, children KARACHI: A large number of women and children participated in the Jamaat-e-Islami (JI) Karachi’s sit-in on its... Published 04 Jan, 2022 06:54am
Outlook for 2022 The year, 2021, has just come to an end. The first part of the year saw a process of recovery from the downturn... Published 04 Jan, 2022 06:54am
2022: What’s in store?—I While the world economies are maintaining a robust growth momentum, there are strong indicators pointing towards an... Published 04 Jan, 2022 06:54am
The costs of Erdogan’s fight for Turkey’s ‘economic independence’ Turkey’s consumer prices have soared by the highest rate since 2002, further undermining President Recep Tayyip... Published 04 Jan, 2022 06:54am
Letters Baby milk This is apropos a Business Recorder op-ed ‘Mini-budget’: Consistently inconsistent’ carried by the newspaper ... Published 04 Jan, 2022 06:54am
LWMC asked to increase number of waste collection points LAHORE: Punjab Local Government and Community Development Minister Mian Mahmood-ur-Rasheed has directed the Lahore... Published 04 Jan, 2022 06:54am
KU offers admission fee waiver to needy candidates Karachi: The University of Karachi under its Student Admission Fund (SAF) has exempted the admission fee submission... Published 04 Jan, 2022 06:54am
ABL to facilitate innovative freelancers’ community LAHORE: Allied Bank (ABL) has always strived to be the industry leader in terms of technology and innovation. It is... Published 04 Jan, 2022 06:54am
Stocks Hong Kong stocks start 2022 with losses HONG KONG: Hong Kong stocks slipped on Monday, their first trading day of 2022 after marking the worst performance ... Published 04 Jan, 2022 06:54am
Stocks Indian shares start 2022 with strong gains BENGALURU: Indian shares rose more than 1.5% in this year’s first trading session on Monday as banking and auto... Published 04 Jan, 2022 06:54am
Stocks European stocks kick off 2022 at record highs PARIS: European shares ended at all-time highs on Monday, starting the year in an upbeat mood on hopes of steady... Published 04 Jan, 2022 06:54am
Stocks Most Gulf bourses fall as Covid-19 cases rise DUBAI: Most major stock markets in the Gulf ended lower on Monday amid a surge in COVID-19 cases, although the ... Published 04 Jan, 2022 06:54am
Stocks Wall Street climbs in upbeat start to 2022 NEW YORK: US stock indexes inched higher on Monday, looking to extend a market recovery from the pandemic shock into... Published 04 Jan, 2022 06:54am
Stocks TIM shares up MILAN: Shares in Telecom Italia (TIM) rose 2.9% on Monday after state investor CDP renewed its support for a ... Published 04 Jan, 2022 06:54am
Stocks Tesla’s bumper delivery numbers charge up shares BENGALURU: Tesla Inc’s shares started the year with stellar gains after the electric carmaker reported record... Published 04 Jan, 2022 06:54am
Stocks NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL) KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on... Published 04 Jan, 2022 06:54am
Stocks Last date of renunciation/payment KARACHI: Last dates of renunciation/payment.... Published 04 Jan, 2022 06:54am
Stocks Dates of Closure of Books & Annual General Meetings KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ... Published 04 Jan, 2022 06:54am
Rates PSX climbs in thin trade KARACHI: Pakistan Stock Exchange Monday witnessed bullish trend and closed on strong positive note on the first... Published 04 Jan, 2022 06:54am
OPEC+ expected to stick with planned Feb output increase LONDON/MOSCOW: OPEC+ is expected to stick to its plans to increase output in February when it meets on Tuesday,... Published 04 Jan, 2022 06:54am
NCOC announces start of 5th Covid-19 wave as country reports 708 fresh cases ISLAMABAD: Pakistan, on Monday, announced the start of the fifth coronavirus wave as the country recorded 708... Published 04 Jan, 2022 06:54am
SC to summon PM if detainee not produced: CJP ISLAMABAD: Chief Justice Gulzar Ahmed said will summon the prime minister, if an accused, Arif Gul, is not produced... Published 04 Jan, 2022 06:54am
Yemen rebels seize UAE-flagged ship as war escalates anew RIYADH: Yemen’s seven-year war lurched into its latest crisis Monday with Huthi rebels saying they have seized an... Published 04 Jan, 2022 06:54am
World powers make rare pledge to prevent nuclear weapons spread PARIS: Five global nuclear powers pledged Monday to prevent atomic weapons spreading and to avoid nuclear conflict,... Published 04 Jan, 2022 06:54am
Cotton & Textile New York cotton NEW YORK: The following were the fluctuations observed during the day:... Published 04 Jan, 2022 06:54am
Cotton & Textile Cotton rises on strong demand view; firm dollar caps gains NEW YORK: ICE cotton futures rose in thin trading on Monday, helped by strong demand prospects for the natural ... Published 04 Jan, 2022 06:54am
Commodities China commodity futures set for 2022 breather after turbulent year BEIJING: China’s commodities markets suffered through a turbulent year in 2021 as an energy crunch and subsequent... Published 04 Jan, 2022 06:54am
Energy Oil rises above $78 on optimism about 2022 outlook NEW YORK: Oil rose above $78 a barrel on Monday, supported by tight supply, a strong US dollar, and hopes of a... Published 04 Jan, 2022 06:54am
Commodities Palm jumps over 3pc KUALA LUMPUR: Palm oil futures began the new year on a strong note on Monday, jumping more than 3%, as recent floods... Published 04 Jan, 2022 06:54am
Energy Russian gas flows via Yamal pipeline flow east for 14th day MOSCOW: The Yamal-Europe pipeline which usually sends Russian gas west into Europe was flowing east from Germany to... Published 04 Jan, 2022 06:54am