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D-8 countries discuss ways to boost trade

D-8

ISTANBUL: Top envoys from the Developing 8 countries met in Istanbul on Thursday on ways to boost trade relations in a wide range of areas to better address global challenges. “We need to use our wealthy potentials more effectively by creating business partnerships in a broad range of fields,” Turkish Foreign Minister Mevlut Cavusoglu said at the opening session. He ... Read More »

Pakistan, Tunisia to work together in further promoting ties: Adel Elarbi

handshake - join hand

ISLAMABAD: Ambassador of Tunisia, Adel Elarbi on Thursday called on National Security Adviser, Lt. General (Retd) Nasser Khan Janjua and discussed ways to further enhance bilateral relations. Matters regarding security and stability of South Asia and Africa also came under discussion during the meeting. Talking to the ambassador, Nasser Janjua said that Tunisia was a brotherly Muslim country and Pakistan ... Read More »

Ahsan asks FIA to stop zero tolerance policy towards corruption

ahsan iqbal

ISLAMABAD: Interior Minister Prof Ahsan Iqbal has said Federal Investigation Agency (FIA) should adopt zero tolerance policy towards corruption to eliminate this menace. The minister visited the headquarters of Federal Investigation Agency here and presided over the meeting of FIA and reviewed its performance. The minister said black sheep would be removed from FIA, adding FIA would be made an ... Read More »

PMEX index closes at 3,006 points

Chinese stocks drop on growth concern as banks, developers fall

KARACHI: Pakistan Mercantile Exchange Limited’s commodity index on Wednesday closed at 3,006 points. The traded value of metals, energy and COTS/FX was recorded at Rs 4.733 billion and the number of lots traded was 8,835, says PMEX release here on Thursday. Major business was contributed by gold amounting to Rs 2.071 billion, followed by currencies through COTS Rs 1.051 billion, ... Read More »

Mamnoon for further expanding Pak-KSA ties

President Mamnoon Hussain

  ISLAMABAD: President Mamnoon Hussain on Thursday said that bilateral relations between Pakistan and Saudi Arabia would further expand and deepen with each passing day. He stated that both countries were linked together in historical, religious and cultural relations and the people of the two countries enjoy sincere fraternal relations. The President said this while talking to Ambassador of Saudi ... Read More »

Deficit-reducing measures bear fruit, estimated at 0.9% in 1st quarter

trade-deficit-

ISLAMABAD: In order to contain fiscal deficit at manageable level, the government has taken a number of measures to reduce the expenses and boost revenue collection. The government has been has been monitoring revenue collection and expenditure, officials sources said adding that owing to various revenue improvement measures, there had been 20% significant growth in the overall revenue collections by ... Read More »

FIA dealing with cyber crime efficiently

FIa

FAISALABAD: Cyber Crime Wing (CCW) of the Federal Investigation Agency (FIA) is efficiently dealing with white collar felonies in the fast changing pattern of misdeeds. “Internet era has increased cyber crime rate as people intentionally or unintentionally committing this crime, with a large number of juvenile youth”, said Deputy Director FIA Faisalabad Ali Imam Zaidi. Talking to APP, he said: ... Read More »

KPT shipping intelligence report

KPT

KARACHI: The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on Thursday. ALONG SIDE (Bulk Oil Pier) OP-I Karachi D. Crude Oil PNSC 17/10/17 OP-II BW Seine D. HSD GAC 17/10/17 OP-III Mariella Bottiglieri D. Petrol Alpine 18/10/17 ALONG SIDE (East Wharves) 1 Mid Fortune L. Ethanol East Wind 18/10/17 5 ... Read More »

NAB court indicts Nawaz, Maryam, Safdar in Avenfield reference

Nawaz, Maryam, Safdar

ISLAMABAD: The accountability court has indicted ousted Prime Minister Nawaz Sharif, his daughter Maryam Nawaz and his son-in-law Captain (r) Safdar under London flats property reference filed by NAB. All suspects have rejected the allegations. Nawaz Sharif was indicted by the court in presence of his representative, Zafar Khan. The accountability court has already indicted sons of Nawaz Sharif, Hassan ... Read More »

NAB freezes Ishaq Dar’s assets

NAB chairman Justice (retd) Javed Iqbal

ISLAMABAD: National Accountability Bureau (NAB) Chairman Justice (r) Javed Iqbal has ordered the authorities to freeze properties and assets of Finance Minister Ishaq Dar in the case of accumulation of assets beyond known sources of income. The NAB chairman signed the order which says, “After having gone through the entire record of prosecution witnesses and material as well as documentary ... Read More »

Secretary Narcotics Control Ministry briefed on counter-narcotics endeavors of ANF

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ISLAMABAD: Secretary, Ministry of Narcotics Control, Iqbal Mehmood paid his first formal visit to Headquarters Anti Narcotics Force, Rawalpindi after assuming the charge of Secretary MNC. He was welcomed by Director General ANF, Major General Musarrat Nawaz Malik, HI (M) and Senior Staff Officers of ANF. The secretary was briefed on counter-narcotics endeavors being rendered by ANF, professional achievements, current ... Read More »

Govt makig efforts for progress of industries: Jatoi

Ghulam Murtaza Khan Jatoi

ISLAMABAD: Federal Minister for Industries and Productions Ghulam Murtaza Jatoi has said that government was making efforts for the progress and prosperity of industries and production sectors. Talking to media here he said that establishment of special economic zones under China Pakistan Economic Corridor would create new job opportunities. He said that government took a numbers of initiatives for bringing ... Read More »

NAB takes swift action against corruption, 30 new cases registered since March 2016: DG

nab

GILGIT: The National Accountability Bureau (NAB) Director, Nasir Jamil said here Thursday the Bureau was taking swift actions against corruption on the basis of solid evidences and bring corrupt elements under clutches of law without caring of their financial position, relations and socio-economic status in the society. Talking to media persons here, the DG NAB said investigation on different cases ... Read More »

Pakistan IT industry hits international markets

foreign trade

ISLAMABAD: Pakistan based IT companies are making their way towards international markets through their mobile applications and gaming apps. According to PSEB, there was dire need to promote gaming, animation at international level to increase the market revenue for Pakistani developers. Pakistan Software Export Board (PSEB) is determined to support all such IT companies for creating constructive and conceptual mobile ... Read More »

Two arrested over corruption charges

arrest

SARGODHA: Anti Corruption Establishment (ACE) police have arrested two people including police constable over corruption charges. ACE authorities said here on Thursday that complainant Abid Mehmood of Chak 104/SB informed the Director ACE Asim Raza that constable Sohail Ikraam was demanding Rs. 6000 for clearing his vehicle’s challan. On the direction of Director ACE the Circle Officer Muhammad Tariq Malik ... Read More »

NAB court dismisses Sharifs pleas to halt proceedings, defer indictment

Maryam, Safdar

ISLAMABAD: Former Prime Minister Nawaz Sharif’s daughter Maryam Nawaz and her spouse Captain (r) Safdar on Thursday have appeared before an accountability court here for the corruption proceedings against the Sharif family. Three references have been filed against the Sharif family members by National Accountability Bureau (NAB) in compliance with the Supreme Court’s landmark July 28 verdict. Maryam Nawaz arrived ... Read More »

Proclaimed offender arrested

arrest

LAHORE: The Federal Investigation Agency (FIA) Faisalabd on Thursday arrested a proclaimed offender for defrauding people. According to the FIA spokesman, accused Rana Muhammad Siddique Khan, a resident of Mansoor Abad Faisalabad, received Rs 4.147 million from different people for sending them for Hajj and Umra. He committed fraud with at least 200 people, said the police sources. Further investigation ... Read More »

Ministry seeks tax exemption for NRTC

cut taxes

ISLAMABAD: The Ministry of Defence Production is seeking tax exemption for National Radio and Telecommunication Corporation (NRTC) to import spare parts to encourage indigenous manufacturing of tabs and laptops. National Assembly Standing Committee on Defence Production on Thursday discussed the issue and decided that senior officials of NRTC and FBR should meet at the earliest to sort out the issue and ... Read More »

ANF making efforts to curb menace of narcotics: Minister

ANF

LAHORE: Provincial Minister for Counter Terrorism department Lt. Col. (R) Sardar Muhammad Ayub Khan on Wednesday said that Anti Narcotics Force (ANF) was striving hard for the elimination of elements involved in the menace of narcotics in spite of its limited resources and less force. He said this while addressing an annual drug burning ceremony held here under the aegis ... Read More »

Mining industry can boost Pakistan’s economy

mining

KARACHI: Pakistan has huge reserves of gold, silver, copper and other precious metals that can greatly improve the country’s economy if the public and private sectors make investment in these areas. The development of underground reserves of various metals would also help provide maximum job opportunities to the local population. These views were expressed by Sindh Mines and Minerals Development ... Read More »