Prime Minister Imran Khan has reiterated that a more realistic approach towards handling the Afghanistan situation would have been to hold talks with the Taliban much earlier in order to avoid the embarrassment of the collapse of the Afghan army and the Ashraf Ghani government in Afghanistan. In an opinion piece for the Washington Post, … Read more
DUBAI: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Prime Minister and Vice-President of the UAE and Ruler of Dubai, on Saturday announced the formation of a new UAE Cabinet, as well as the appointment of a new minister of finance, Khaleej Times reported. In a tweet, Sheikh Mohammed said that Sheikh Maktoum bin Mohammed bin Rashid Al … Read more
RIYADH: A particularly rich and diverse cultural programme will characterise the Riyadh International Book Fair, the Literature, Publishing and Translation Commission announced on Friday. The much-anticipated fair will open in the Saudi capital on October 1 and will last for 10 days, amid high expectations and will promote greater passion for reading in the community … Read more
The Estate of Quaid-e-Azam, which manages the Quaid-e-Azam House Museum, Institute of Nation Building, on Wednesday clarified that the heritage site is not being used for any commercial purposes as claimed by Opposition Leader in the Sindh Assembly Haleem Adil Sheikh. A statement issued by the senior vice chairman of the estate, Liaquat Merchant, shared … Read more
Pakistan’s pop-music icon and social activist Aaron Haroon Rashid, popularly known as Haroon, visited “Mari Mobile Dastarkhawan” in Islamabad where he participated in the evening meal distribution to over 300 underprivileged citizens. The Peabody award-winning producer was accompanied by CDRS Founder, Mr Todd Shea, where he interacted with the citizens queued up for their evening meals. Haroon … Read more
No one takes their look as serious as Kim Kardashian for Met Gala or any other event. Ever since she first stepped on the red carpet in the now-iconic floral print Givenchy maternity dress in 2013, you can always count on Miss Kim K to make one of the Met Gala’s grandest entrances. It’s safe … Read more
DUBAI: Licensed financial institutions (LFIs) in the UAE will have to comply with the new guidance of the Central Bank of the UAE (CBUAE) within one month on the transaction monitoring and sanctions screening to ensure anti-money laundering measures, Khaleej Times reported. The CBUAE said in a statement on Monday that the new stipulations aimed to promote … Read more
KARACHI: Gerry’s dnata, Pakistan’s leading ground services provider, has been awarded a multiyear contract by the Gulf Air, the national carrier of the Kingdom of Bahrain, a statement said. The partnership will see Gerry’s dnata provide quality and safe ground, passenger and cargo handling services to the airline at six airports in Pakistan, including Karachi, … Read more
KARACHI: A monetary policy survey, conducted recently prior to the State bank of Pakistan’s Monetary Policy Committee (MPC) meeting later this month, conducted by the Policy Research Unit (PRU), Policy Advisory Board, FPCCI has recommended a reduction in the policy rate by 50 to 100 basis points. The survey results show that 84 per cent … Read more
RIYADH: The number of workers in the accommodation and food service activities sector dropped 11 per cent, or 46,000 quarter-on-quarter, to 386,400 in the first quarter of 2021, Arab News quoted the General Authority for Statistics data showed. The number of Saudis working in the sector declined 13 per cent, or 12,000 workers, to 78,300, accounting for … Read more
RIYADH: Saudi Arabia is prohibiting ministers from heading boards of companies or being members unless directed by the head of the cabinet, in a move that would limit the conflict of interest in companies and improve governance, Arab News reported. The new resolution was announced in the Saudi official gazette, Umm Alqura. The gazette said: Saudi Cabinet … Read more
KARACHI: The Union of Small and Medium Enterprises (Unisame) has invited the attention of Prime Minister Imran Khan towards the delay in the finalisation of the SME Policy and urged him to direct the policymakers to finalise it on a priority basis, a statement said. Unisame president Zulfikar Thaver said that the Ministry of Industries … Read more
Pakistan on the 20th anniversary of the September 11 attacks urged the global community to “eschew double standards” if it wants to completely eradicate terrorism. “In order to completely eradicate terrorism, it is vital to eschew double standards, myopic and selective approaches and vested, narrow political agendas,” said the Foreign Office (FO) in a statement. … Read more
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) on Saturday urged the government to facilitate exports to new markets to overcome widening trade deficit. LCCI president Mian Tariq Misbah, senior vice president Muhammad Nasir Hameed Khan and vice president Tahir Manzoor Chaudhry have expressed concerns over 133 per cent increase in the trade deficit … Read more
Amid the debate on the Pakistan Media Development Authority (PMDA), Information Minister Fawad Chaudhary said the government firmly believes in the fundamental, democratic and constitutional right of freedom of expression, reported Radio Pakistan on Saturday. Talking to British High Commissioner to Pakistan Christian Turner in Islamabad, he said Pakistan being a democratic and pluralist society … Read more
JEDDAH: The first phase of Saudi Arabia’s e-invoicing project, Fatoorah, is set to be effective in less than three months, Arab News quoted Zakat, Tax and Customs Authority (ZATCA), as saying. The project is seen as having major benefits for the Saudi economy, including addressing commercial concealment and the “shadow economy,” which costs the Kingdom up to … Read more
KARACHI: The Union of Small and Medium Enterprises (Unisame) has urged Sindh Chief Minister Syed Murad Ali Shah to direct the Sindh Building Control Authority to unseal the cottage industries and the SME units of Mehran Town, which have been sealed due to the recent fire in a factory. Unisame president Zulfikar Thaver said that … Read more
Chief of Army Staff (COAS) General Qamar Javed Bajwa on Friday reiterated to Qatar’s foreign minister of Pakistan’s resolve to extend humanitarian assistance for Afghans, said the Inter Services Public Relations. According to the military’s media wing, the army chief reiterated the resolve in a meeting with Qatar’s Foreign Minister Sheikh Mohammed bin Abdulrahman bin … Read more
LONDON: A leading London-based think-tank has warned the Taliban will be forced to seek cooperation with China to resuscitate the country’s war-torn economy; following the US withdrawal and the freezing of Western aid, Arab News reported. A report by the Centre for Economics and Business Research said China was best placed to fill the vacuum … Read more
RIYADH: Saudi Aramco is considering a bold move to open up one of the world’s largest unconventional gas fields to foreign investors, Arab News reported. The state-owned company is looking to fund a $110 billion project at the site to help it diversify from oil sales. Aramco is working with an adviser as it explores options for … Read more
KARACHI: Minister for Industries and Production Makhdoom Khusro Bakhtyar met KE’s senior management at the company’s Bin Qasim Power Complex to review the progress on K-Electric’s mega-project Bin Qasim Power Station 3 (BQPS-III), which will add 900MW to the K-Electric’s generation capacity and bolster the future of Karachi’s growth. Equipped with state-of-the-art technology, a 900MW … Read more
Pakistan on Thursday assured United States CIA chief William Joseph Burns of its commitment to cooperate with its international partners for a prosperous Afghanistan, said the Inter Services Public Relations. A statement issued by the ISPR said that the CIA director had called on Chief of Army Staff (COAS) General Qamar Javed Bajwa and Director … Read more
DUBAI: British industrial software company Aveva is setting up its “largest digital hub” in Saudi Arabia, following its initial agreement with Aramco, Arab News reported. The hub will have research and development capabilities, the company said in a statement, and will support its operations across the Middle East. London-listed Aveva has signed a memorandum of … Read more
A new multimillion-dollar regional data centre is set to be built in Bahrain to promote collective digital transformation across the Arab world, Arab News reported. The hub’s aim will be to help evolving local economies and enrich the lives of common people in the Arab world. The Arab League’s Arab Federation for Digital Economy (AFDE) entered into … Read more
KARACHI: Pakistan stocks witnessed a bearish session where the index failed to close above the support barrier of 46,600 points, as the MSCI downgraded Pakistan to the Frontier Markets after four years, which also led to pressure in the blue-chip stocks, dealers said. Ahsan Mehanti at Arif Habib Corporation said that the stocks fell across-the-board … Read more
ISLAMABAD: The inflows under the Roshan Digital Account (RDA) increased to $2.114 billion by the end of August 2021, compared with $1.87 billion till the end of July this year, according to the data released by the State Bank of Pakistan (SBP) on Wednesday. The data shows that August recorded inflows of $244 million, compared … Read more
KARACHI: Ericsson has strengthened its network services portfolio with the Intelligent Deployment solution, an agile, digital and modular suite of tools and services that enables communications service providers to roll out, expand, and upgrade networks based on their specific needs and those of their customers, a statement said on Wednesday. With the technology advancing rapidly, … Read more
BEIJING: The 18th China-Asean Expo (CAEXPO) set to begin in Nanning, China from September 10 will keep providing new business and development opportunities to Pakistan and China. “As an important platform for the exchange and cooperation between China, Asean countries and the countries along the Belt and Road, the China-Asean Expo (CAEXPO) has played a … Read more
