Two policemen posted on security of Bajaur dam martyred in blast

BAJAUR: Two police officials posted on security of the Raghagan Dam were martyred in a remote-controlled bomb blast in tehsil Khaar of Bajaur district on Saturday. The victims have been identified as Havaldar Hayat and Sipahi Siraj. Police have cordoned off the area and launched a search operation against the suspects, while bodies of the … Read more

Julian Assange gets permission to marry in UK prison

LONDON: British prison authorities have given WikiLeaks founder Julian Assange permission to marry while in custody, his fiancee has said, as he awaits a key court decision over possible US extradition. Assange, wanted by Washington to face various charges related to the mass leak of classified documents, plans to marry Stella Moris, a former member … Read more

Opposition demands to debate on all recently promulgated bills in parliament: sources

The National Assembly of Pakistan

ISLAMABAD: The opposition has demanded from the Pakistan Tehreek e Insaf (PTI) government to hold debate on all the bills, including the National Accountability Ordinance, which had been recently promulgated by President Arif Alvi in the joint session of parliament. “The 20 bills passed by the National Assembly in a rushed manner should also be … Read more

Fire erupts at packaging factory near Karachi Fish Harbour

KARACHI: A fire erupted on the second floor of a packaging factory near the Karachi Fish Harbour in the wee hours of Saturday in Karachi. The blaze was controlled with the help of three fire trucks. The fire brigade’s operation to put out the fire faced some problem because of location of the building in … Read more

Fixing inflation, economy not Imran Khan’s priority: Marriyum

Marriyum Aurangzeb

LAHORE: Pakistan Muslim League-N Spokesperson Marriyum Aurangzeb on Friday said fixing inflation and economy was not Prime Minister Imran Khan’s priority. In a tweet, Marriyum Aurangzeb said placing name of Pakistan Muslim League-N President Shehbaz Sharif on the Exit Control List (ECL) was the prime minister’s priority, however he would not fix the economy and … Read more

At least three killed in Afghan mosque blast

JALALABAD, Afghanistan: At least three people were killed and 15 wounded Friday by a blast at a mosque in Afghanistan’s restive Nangarhar province, a hotbed of Islamic State activity, officials said. The blast — for which no group has yet claimed responsibility — underscores one of the many challenges facing the new Taliban regime in … Read more

Saudi Arabian king grants Saudi citizenship to selected experts

RIYADH: Saudi Arabia’s King Salman bin Abdulaziz Al Saud has granted Saudi citizenship to a group of experts with unique expertise and specialisations, the Saudi Press Agency reported on Thursday. The Kingdom announced in 2019 a plan to offer citizenship to talented and creative individuals in various sectors, who meet the naturalisation criteria. The move … Read more

PPP, PDM decide to give govt tough time in parliament

ISLAMABAD: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari met Jamiat e Ulema Islam (JUI-F) and Pakistan Democratic Movement Chief Maulana Fazl ur Rehman, after the ice started melting between them. During the meeting in Islamabad, both the leaders decided to give the government a tough time in the parliament. The PPP chairman was accompanied … Read more

Govt which came through rigging has no right for reformations: Fazl

ISLAMABAD: Pakistan Democratic Movement (PDM) head and Jamiat Ulema e Islam-F (JUI-F) chief Maulana Fazl ur Rehman on Friday said the government which had itself come through rigging had no right to make reformations. Addressing media in Islamabad after a meeting with Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari, Maulana Fazl ur Rehman said … Read more

Libya since Kadhafi: a decade of civil war and chaos

PARIS: With international talks on Libya to be held in Paris on Friday, here is a timeline of the oil-rich country gripped by chaos since dictator Moamer Kadhafi’s ouster a decade ago. 2011: Kadhafi killed Encouraged by Arab Spring uprisings in Tunisia and Egypt, protests erupt in Libya in February 2011. The United States, France … Read more

Indonesia tech giant GoTo raises $1.3 bn ahead of IPO

JAKARTA: Indonesia’s biggest tech firm GoTo said it has raised some $1.3 billion ahead of a planned initial public offering (IPO), including investment from Google and China’s Tencent. The pre-IPO fundraising, announced Thursday, follows the May merger of ride-hailing giant GoJek and e-tailer Tokopedia to form GoTo, which together generated some $22 billion in transactions … Read more

PPP didn’t want to separate from PDM, says Saeed Ghani

KARACHI: Sindh Minister for Information and Labour Saeed Ghani on Friday said the Pakistan Peoples Party (PPP) did not want to part ways with the Pakistan Democratic Movement (PDM), an alliance of opposition parties against the federal government. “Some parties of the PDM pressurised us to resign from the assemblies, while the PPP thought that … Read more

US journalist detained in Myanmar jailed for 11 years: employer

YANGON: An American journalist detained in Myanmar since May was sentenced to 11 years in prison on Friday on charges of unlawful association, incitement against the military and breaching visa rules, his employer said. “Frontier Myanmar is deeply disappointed at the decision today to convict its Managing Editor, Danny Fenster, on three charges and impose … Read more

Cheetahs fast running to extinction as cub trade thrives

HARGEISA, Somalia: Tiny, weeks-old cheetah cubs suckled from baby bottles and purred weakly, their condition still dangerously precarious after their rescue from the Horn of Africa’s illegal wildlife trade. Around half the cubs saved from traffickers do not survive the trauma — and there are real concerns for the smallest of this lot, a frail … Read more

Dollar hits Rs175 at interbank opening

KARACHI: The dollar reaches to Rs175 at the opening of the interbank foreign exchange market on Friday. The dollar gained 81 paisas against the rupee. The last day’s closing of the exchange rate was Rs174.19 against the dollar. Currency dealers said that the local unit is under pressure due to higher import payments. They said … Read more

Troika Plus group asks Taliban to form inclusive govt with fellow Afghans

ISLAMABAD: The Troika Plus group has called on Taliban to work with fellow Afghans to take steps to form an inclusive and representative government that respects the rights of all Afghans and provides for the equal rights of women and girls to participate in all aspects of Afghan society. In its joint statement, Pakistan, China, … Read more

KSE-100 opens bearish on Friday

KARACHI: Pakistan equity market opened on a bearish note, as the KSE-100 Index witnessed a decline of 51.37points, or 0.11 per cent, in the first hour of trading on Friday. The bourse on Thursday kicked off on a positive note, but concerns on inflation and weakening of the rupee against the dollar created uncertainty for … Read more

BOL NEWS BUSINESS DIGEST: November 12, 2021

Pakistan’s forex reserves inch up to $24 billion KARACHI: The foreign exchange reserves of Pakistan have increased $100 million to $24.026 billion by the week ended November 5, 2021, the central bank reported on Thursday. – BY SHAHNAWAZ AKHTER Read more   FBR to abolish sales tax concession on sugar by month-end KARACHI: The Federal … Read more