News Archives for Print - 2022-07-07

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Print - 2022-07-07

Industry

NITL distributes dividend of over Rs4.77bn for FY22

KARACHI: The National Investment Trust Limited (NITL) has declared its annual results for its funds under management...

Published 07 Jul, 2022 07:36am

Companies

Tresmark and Trade Foresight sign MoU

KARACHI: Tresmark and Trade Foresight have signed a memorandum of understanding (MoU) to expand on data analytics ...

Published 07 Jul, 2022 07:36am

Energy

Afghanistan lifts coal prices as exports to neighbouring Pakistan boom

KABUL: Afghanistan’s Taliban administration has more than doubled prices for coal, the finance ministry said on...

Updated 07 Jul, 2022 11:09am

Industry

US targets Hong Kong, UAE companies in fresh Iran sanctions

WASHINGTON: The United States on Wednesday imposed sanctions on a network of Hong Kong, Emirati and other companies...

Published 07 Jul, 2022 07:36am

Middle East

Iran detains several foreigners, including senior UK diplomat, for alleged spying

DUBAI: Iran’s Revolutionary Guards have detained several foreigners, including Britain’s second most senior ...

Published 07 Jul, 2022 07:36am

IMF chief says ‘cannot rule out’ possible global recession

LONDON: The head of the International Monetary Fund (IMF) on Wednesday said the outlook for the global economy had...

Updated 07 Jul, 2022 11:15am

Europe

Belgium MPs approve Iran prisoner swap treaty in first reading

BRUSSELS: Belgium’s parliament on Wednesday approved a controversial prisoner-swap treaty with Iran in a first...

Published 07 Jul, 2022 07:36am

Russia introduces jail terms for cooperation with foreigners

MOSCOW: Russia’s parliament on Wednesday introduced harsh prison terms for calls to act against national security...

Published 07 Jul, 2022 07:36am

Energy

TotalEnergies quits Russia’s Kharyaga oil project

PARIS: TotalEnergies has agreed to transfer its remaining stake in Russia’s Kharyaga oil field to the country’s...

Published 07 Jul, 2022 07:36am

Middle East

Maskless pilgrims launch largest Hajj of Covid era

MAKKAH: The biggest hajj pilgrimage since the Covid pandemic began kicked off Wednesday, with hundreds of thousands...

Published 07 Jul, 2022 07:36am

Swedish PM condemns MPs posing with PKK flag amid Turkey NATO row

STOCKHOLM: Sweden’s Prime Minister Magdalena Andersson on Wednesday condemned a group of left-wing MPs who posed...

Published 07 Jul, 2022 07:36am

Europe

Death toll rises to nine in Italy glacier collapse

CANAZEI, (Italy): The number of people killed in an avalanche in the Italian Dolomites rose to nine on Wednesday...

Published 07 Jul, 2022 06:57am

South Asia

Sri Lankans return to cooking with firewood as economy burns

NEHINNA, (Sri Lanka): As once relatively wealthy Sri Lanka suffers a dire economic crisis with shortages of...

Published 07 Jul, 2022 06:57am

Africa

Long winter: South Africans struggle with rolling blackouts

JOHANNESBURG: Unable to switch on lights or heaters, cook dinner or charge their phones, South Africans are spending...

Published 07 Jul, 2022 06:57am

Europe

Germany plans new path to residency for migrants

BERLIN: The German cabinet on Wednesday signed off plans to make it easier for migrants with “tolerated” status...

Published 07 Jul, 2022 06:57am

Taxes

Little knowledge of POS regime causes hurdles to integration of T-1Rs

LAHORE: A lack of understanding regarding penalties under Point of Sale (POS) regime on the part of tax ...

Published 07 Jul, 2022 06:57am

Fed flags risk US inflation could become entrenched

WASHINGTON: US central bankers last month flagged the concern that sky-high inflation could become persistent and...

Updated 07 Jul, 2022 11:14am

KMC to work on development of three more parks in Boat Basin area

KARACHI: Karachi Metropolitan Corporation (KMC) will work on infrastructure development of three more parks in Boat...

Published 07 Jul, 2022 06:30am

DGCV revises customs value of printed, misprinted waste paper

KARACHI: Directorate General Customs Valuation (DGCV) has revised the custom value of printed/ misprinted waste ...

Published 07 Jul, 2022 06:30am

Commodities

ECC to approve award of 2nd international wheat tender

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, which is scheduled to meet on Thursday (today),...

Published 07 Jul, 2022 06:30am

Industry

Jomo.pk partners with HSY

KARACHI: The world of HSY, the celebrity designer and powerhouse luxury couture brand, is entering the world of...

Published 07 Jul, 2022 06:30am

Belt & Road Initiative to spread stability, prosperity worldwide: speakers

LAHORE: Speakers at a conference arranged by the Punjab University said that the Belt and Road Initiative will not...

Published 07 Jul, 2022 06:30am

Pak-Turkmenistan joint working group vital for ICT sector: minister

ISLAMABAD: Pakistan-Turkmenistan joint working group is vital for the promotion of the Information and Communication...

Published 07 Jul, 2022 06:12am

Money & Banking

Mastercard partners with Bank Alfalah to facilitate e-commerce

KARACHI: Mastercard has announced a strategic partnership with Bank Alfalah, which will see the bank’s online...

Published 07 Jul, 2022 06:12am

IT ministry urged to do away with manual system

ISLAMABAD: Minister of Planning, Development and Special Initiatives Secretary, Syed Zafar Ali Shah, on Wednesday,...

Published 07 Jul, 2022 06:12am

The Weather

KARACHI: The weather report on Wednesday (July 06, 2022) and the forecast for Thursday (July 07, 2022)...