Tue, 21-Oct-2025

Federal govt focusing on 14 Sindh districts under uplift plan: PM Imran Khan

ISLAMABAD: Prime Minister Imran Khan has said that the federal government is focusing on 14 districts of Sindh under the Sindh Development Plan. Chairing a high-level meeting to review the implementation of Rs444 billion Sindh Development Plan, the prime minister said, the objective is to improve the socioeconomic status of the residents of Sindh. He … Read more

Pakistan adds 411 new COVID-19 cases, 7 more deaths

Pakistan confirms 372 new COVID-19 cases, 6 more deaths

ISLAMABAD: Pakistan added 411 new COVID-19 cases over the past 24 hours, the National Command and Operation Center (NCOC) said on Saturday. The country’s number of overall confirmed cases has risen to 1,283,886, according to the NCOC, the department leading Pakistan’s campaign against the pandemic. Another seven people died of the viral disease over the … Read more

Cabinet approves circular summary to keep Saudi Arabia’s $3 billion in SBP

Imran Khan MBS

ISLAMABAD: The federal cabinet through a circulation summary on Saturday gave State Bank of Pakistan approval to keep $3 billion deposit from Saudi Arabia. A day earlier, Minister for Information and Broadcasting Chaudhry Fawad Hussain, in a tweet, had said that all legal requirements to receive the $3 billion dollars from the kingdom would be … Read more

Saudi e-gamers begin battle for $1.1 million prize pot

Saudi e-gamers

RIYADH: Saudi Arabia’s top gamers have begun battling it out for a share of a SR4 million ($1.1million) prize pot at the kingdom’s e-League Champions event, Arab News reported. Winners from two other e-sports events held this year have come together for a final competition in Riyadh’s Media City, which kicked off on Friday, November 26 and … Read more

Three killed in Solomon Islands days-long unrest

Solomon Islands unrest three killed

Calm returned to the Solomon Islands’ capital Honiara Saturday after days of rioting left at least three dead and reduced sections of the city to smouldering ruins. Petrol stations, shops and other businesses began to reopen, with Honiara residents flocking to buy basic provisions as the violence ebbed. “The situation is very tense and anything could happen … Read more

Oil demand to return to 2019 levels by end of 2022

RIYADH: Oil demand will return to 2019 levels by the end of 2022, despite some delays in projects due to repercussions from the pandemic, Baker Hughes CEO Lorenzo Simonelli told Al-Arabiya. National oil companies in the Middle East have been preparing for the increased demand, while international oil companies, especially those in North America, have been … Read more

US joins EU to restrict South Africa travel over new Omicron variant

US joins EU to restrict South Africa travel over new Omicron variant

The US will restrict travel from South Africa and seven other southern African countries to try to contain a new coronavirus variant spreading there.

From Monday, only US citizens and residents will be allowed to travel from the region.

This follows a similar flight ban imposed by the EU and the UK. Canada is also introducing travel restrictions.

The World Health Organization (WHO) earlier declared the new variant to be “of concern”, naming it Omicron.

US officials said flights from South Africa, Botswana, Zimbabwe, Namibia, Lesotho, Eswatini, Mozambique and Malawi will be blocked, mirroring earlier moves taken by the EU. The ban will come into effect on Monday.

In a statement, President Joe Biden called the move a “precautionary measure” taken until more is known about the variant.

Canada is also shutting its borders to foreign travellers who have recently been to South Africa, Namibia, Lesotho, Botswana, Eswatini, Zimbabwe and Mozambique. Foreign citizens will be banned from Canada if they have been to the seven nations in the past 14 days.

The Omicron variant was first reported to the WHO from South Africa on 24 November and has since been identified in other countries.

South Africa’s health ministry has criticised the rush to impose new travel restrictions, calling them “draconian”, and contrary to WHO guidance.

Scientists say they still have much to learn about the virus’s new mutations, and the WHO has said it will take a few weeks to understand the impact of the new variant, as experts work to determine how transmissible it is.

The WHO on Friday prepared to meet to assess the potential impact of a new coronavirus variant identified as B 1.1.529.

According to WHO’s COVID-19 technical expert, Dr. Maria Van Kerkhove, the information is still limited.

“There are fewer than 100 whole-genome sequences that are available, we don’t know very much about this yet. What we do know is that this variant has a large number of mutations, and the concern is that when you have so many mutations it can have an impact on how the virus behaves”, she said during a question-answer session on Twitter.

Dr. Van Kerkhove explained that researchers are currently trying to determine where the mutations are and what they potentially mean for diagnostics, therapeutics, and vaccines.

“It will take a few weeks for us to understand what impact this variant has, there’s a lot of work that is underway. It’s a variant that’s under monitoring. The (WHO) technical advisory group will discuss if it will become a variant of interest or a variant of concern and if that’s the case, we will give it a Greek name, but it is something to watch”, she added.

The expert thanked researchers from South Africa and Botswana for openly sharing information with the UN health agency.

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Sindh Local Government Amendment Bill 2021 passed amidst ruckus

Sindh budget 2022-23

KARACHI: Pakistan Peoples Party on Friday managed to pass the Local Government Amendment Bill 2021 in the Sindh Assembly amidst protest by the opposition. Provincial Minister for Local Government Syed Nasir Hussain Shah tabled the amendment bill. Local Government Minister Nasir Hussain Shah, while addressing the session, said that the suggestions of the opposition would … Read more

Saudi Arabia startups see huge growth in eco-friendly ‘impact’ funding

Saudi Arabia

RIYADH: Venture capital impact investment in Saudi Arabia reached a new high in 2021 in both total number of transactions and capital deployed, Arab News quoted a report produced by MAGNiTT and Saudi Aramco. Impact investments are those aimed at generating a measurable social and environmental benefit alongside a financial return. Impact funding in the kingdom up … Read more

New York State declares disaster emergency amid COVID-19 resurgence

New York State declares disaster emergency amid COVID-19 resurgence

New York State Governor Kathy Hochul on Friday declared a disaster emergency for the entire state through Jan. 15, 2022, amid a new wave of COVID-19 infections. New York State is now experiencing COVID-19 transmission at rates unseen since April 2020, Hochul said in an executive order. The state had 6,295 new cases on Thursday … Read more

Swedish embassy, UN Women Pakistan commence global drive against gender-based violence

ISLAMABAD: As the ’16 Days of Activism against Gender-Based Violence’ campaign has kicked off across the globe, the Swedish embassy and UN Women Pakistan have organised an event titled ‘2020 in retrospective – Celebrating Pledges Made to End Violence Against Women’. The event aims at eulogising the services rendered by human rights activists and feminists’ … Read more

EU moves forward to capital markets union

EU

RIYADH: The EU is moving forward with plans to build a cross-continental financial system with four new legislative proposals, Bloomberg reported. This comes six years after it was first announced and a year after the latest re-launch. The EU’s executive arm hopes a “capital markets union” will break down barriers between 27 national financial markets and rulebooks … Read more

Pakistan rejects RSS chief’s ‘provocative, irresponsible statement’ on partition

FO

Pakistan on Saturday strongly condemned and rejected the “highly provocative and irresponsible remarks made by Chief of India’s Rashtriya Swayamsevak Sangh (RSS), Mohan Bhagwat, calling for “undoing” of the partition. Read more: Pakistan rejects Indian remarks on Kashmir, CPEC, Afghan situation According to a report by the Indian Express, the RSS chief had claimed earlier … Read more

Oil prices slump 5% on Covid-19 variant fears

Oil prices

Oil prices dropped more than 5 per cent on Friday, falling to the lowest level in two months, as traders, already concerned about potential oversupply in the first quarter of 2022, added the emergence of a new Covid-19 variant to their list of worries, Reuters reported. Brent crude, the international benchmark, slid 5.8 per cent to $77.44 … Read more

Dubai, Abu Dhabi join battle for Gulf Capital’s offering

Dubai

RIYADH: Gulf Capital, a financial institution based in the UAE, has added Dubai and Abu Dhabi to the list of possible markets for the initial public offerings of one of its assets in 2022, CEO Karim El-Solh told Al-Bayan paper. The return of IPOs in Dubai and Abu Dhabi financial markets have encouraged the company to consider … Read more

Tejori Heights to be completely razed in few days: assistant commissioner

KARACHI: On order of the Supreme Court, demolition work on Tejori Heights is underway in Gulshan e Iqbal area of Karachi. Gulshan e Iqbal Assistant Commissioner Abdul Sattar Hakro on Saturday said complete demolition of Tejori Heights and cleanliness of the ground would be completed within few days. He said structure of the first floor … Read more

US investment bank to open Riyadh office, hire Saudis

Riyadh

RIYADH: US investment bank Moelis and Co plans to open an office in the Saudi capital Riyadh and will soon begin hiring staff in the kingdom, Bloomberg reported. The New York-based company sees the kingdom attracting more foreign investors and benefiting from an “energy supercycle,” Vice Chairman Eric Cantor said in an interview. The boutique financial adviser, … Read more

Husband, family celebrate as Malala Yousafzai becomes Oxford graduate

We are so proud! The youngest Nobel Prize laureate Malala Yousafzai has now officially become an Oxford University graduate as the girls’ education activist shared her big achievement with family, friends and fans on social media. Read more: Malala Yousafzai joins hands with MasterClass for change in society Yousafzai is celebrating her college graduation. Clad … Read more

Saudi women seize startup culture with both hands

Saudi

Saudi Arabia is making the transition to a more diversified economy, after being reliant upon oil for much of the past century, a trend sparked by Vision 2030 as well as commitments made at the COP26 Summit last month, Arab News reported. While corporate giants such as Aramco and Sabic continue to dominate the economy, a culture … Read more

Macron slams ‘not serious’ Boris Johnson after migrant tragedy

Macron slams 'not serious' Johnson after migrant tragedy

French President Emmanuel Macron hit out at British Prime Minister Boris Johnson on Friday over a tweeted letter, accusing him of being “not serious” after 27 migrants died crossing the Channel. Johnson sparked fury in France after writing a private letter to Macron on Thursday evening proposing five ways to stop migrants crossing from France to Britain, … Read more

Saudi financial sector well placed to overcome Covid-19 crisis

Saudi

RIYADH: No Saudi banks were lost during the financial crisis of 2008/9 and the financial sector is again in a strong position as it faces the economic fallout from the Covid-19 pandemic, according to Saudi Central Bank Governor Fahad Almubarak. The central bank, also known as SAMA, has been and continues to be strict in … Read more

After rocky few years, Italy & France cement ties with new treaty

After rocky few years, Italy, France cement ties with new treaty

France and Italy drew a line under recent tensions and signed a new treaty on Friday to formalise their relations, against the background of a European Union in flux. French President Emmanuel Macron and Italian Prime Minister Mario Draghi put pen to paper in a ceremony full of pomp at the Quirinale palace of President … Read more

Punjab govt confiscated 0.2 mn tonnes of urea: Farrukh Habib

farrukh

ISLAMABAD: Minister of State for Information and Broadcasting Farrukh Habib has said the Punjab government had confiscated 200,000 tonnes of urea. “The Punjab and federal government are providing subsidy on di-ammonium phosphate (DAP),” he said talking to media while flanked by Special Assistant to Prime Minister on Youth Affairs Usman Dar in Islamabad. Farrukh Habib … Read more

UN health agency urges caution over travel bans linked to new coronavirus variant

UN health agency urges caution over travel bans linked to new coronavirus variant

The World Health Organization (WHO), a Geneva-based UN agency, has urged all countries to adopt a risk-based and scientific approach to travel bans linked to a new coronavirus variant identified in South Africa and Botswana. The development on Friday came as a WHO panel prepared to meet to assess the potential impact of a new … Read more

Govt to launch uplift projects in 14 Sindh districts as part of development plan: PM

PM Imran Khan

Prime Minister Imran Khan chaired a high-level meeting in Islamabad on Saturday to review the implementation of the Rs444 billion Sindh Development Plan and directed to expedite the pace of development projects work in Sindh. The meeting was informed that overall the Sindh Development Plan comprises 48 Public Sector Development Programme (PSDP) projects, 50 non-PSDP … Read more

Canada tightens border control amid surging COVID cases, new variant

Canada tightens border control amid surging COVID-19 cases, new variant

Canada reported 3,063 new COVID-19 cases on Friday and tightened its border control measures due to a new coronavirus variant in other countries, according to CTV. Canada announced Friday afternoon that it will ban the entry of all foreigners from southern Africa due to increasing concerns over a new COVID-19 variant named Omicron. As a … Read more

Lawyer files petition in LHC over shortage of gas

LAHORE: A lawyer on Saturday filed a constitutional plea in the Lahore High Court (LHC) over shortage of gas in Lahore. Advocate Sardar Farhat Manzoor Chandio made the federal government, Ministry of Energy and Petroleum Division secretary, Oil and Gas Regulatory Authority and Sui Northern Gas Company. “With the arrival of winter, gas has become … Read more