Asian markets rise as Fed eases fears over huge rate hike By: AFP/APP on May 5, 2022Asian markets rallied Thursday following a Wall Street surge after the Federal Reserve played down chances of a huge interest rate hike in the near future, while oil extended gains as the European Union moved to ban imports from Russia. US central bank officials announced an expected half-point lift in borrowing costs — the biggest […]
PM, Abu Dhabi crown prince resolve for developing partnerships in diverse fields By: APP on May 2, 2022ABU DHABI: Pakistan and the United Arab Emirates have resolved to further strengthen trade and economic relations by accelerating cooperation and developing partnerships in the fields of investment, energy, infrastructure and agriculture. The bilateral relations were discussed during the meeting between Prime Minister Shehbaz Sharif and Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of […]
Pakistan, Saudi Arabia to discuss ‘augmenting’ kingdom’s $3bn deposit: joint statement By: APP on May 1, 2022Pakistan and Saudi Arabia will discuss the possibility of “augmenting” the kingdom’s $3 billion deposit in Pakistan’s central bank by extending its term “or through other options,” a joint statement said on Sunday. Last year, Saudi Arabia deposited $3 billion in the State Bank of Pakistan to help support its foreign reserves. With a yawning current account […]
President visits Chinese Embassy, expresses condolences over Karachi’s tragic incident By: APP on May 1, 2022In order to express solidarity with the people and the Government of China, President Dr Arif Alvi Saturday visited the Embassy of China and offered his heartfelt condolences over the loss of precious lives of Chinese nationals in terrorist attack that took place in Karachi on April 26 April. Talking to the Charge d’ Affaires, […]
Hamza Shahbaz finally sworn in as 21st Punjab chief minister By: Web Desk on April 30, 2022LAHORE: On Saturday, following directives from the Lahore High Court (LHC), Hamza Shahbaz took oath as the 21st Chief Minister of Punjab after being denied the swearing-in for the last two weeks. He was administered the oath by National Assembly Speaker Raja Pervaiz Ashraf on the orders of the LHC as the CM-elect had sought […]
PM Shahbaz, delegation hounded by people in Masjid e Nabawi By: Web Desk on April 29, 2022 A group of protesters, allegedly from the PTI, violated the sanctity of Madinah’s Masjid-e-Nabawi on Thursday by chanting anti-Prime Minister Shehbaz Sharif and his delegation slogans as they entered the mosque to pay their respects at the Roza-e-Rasool (PBUH). PM Shehbaz and his delegation arrived in Saudi Arabia on Thursday at the invitation of […]
Imran’s suicide attack on constitution urged courts to be opened at 12 am, says Maryam By: News Desk on April 28, 2022PML-N Vice President Maryam Nawaz continued her attack on Imran Khan, saying that the country’s courts had to open at 12 a.m. because the former prime minister had launched a “suicide attack” on the Constitution. Maryam Sharif told the PTI chairman in Lahore that her father, PML-N chief Nawaz Sharif, would step down from politics. […]
Bilawal Bhutto vowed as federal minister By: Web Desk on April 27, 2022ISLAMABAD: Pakistan Peoples Party Chairman, Bilawal Bhutto-Zardari took oath as federal minister on Wednesday. Highly likely, he will be given the portfolio of the foreign ministry. The oath ceremony was allocated by President Arif Alvi to the PPP leader at Aiwan-e-Sadr. Prime Minister Shehbaz Sharif, along with other federal cabinet members also attended the ceremony. […]
CM-elect’s oath: LHC to declare verdict on Hamza Shehbaz’s plea today By: News Desk on April 27, 2022LAHORE: Lahore High Court (LHC) Chief Justice Muhammad Ameer Bhatti will deliver his decision on chief minister-elect Hamza Shehbaz’s petition today at 10:00 a.m., seeking a directive to the Senate chairman to administer the oath to him. On April 16, Hamza was elected Chief Minister of Punjab. However, he has yet to be sworn in […]
2 foreigners among 4 killed in Karachi University blast By: APP on April 26, 2022KARACHI: Four persons, including two foreigners, were reportedly killed and four personnel of Sindh Rangers among many others injured in a van blast here at Karachi University Tuesday. The explosion took place in the van outside the Confucius Institute. At the time of the blast, students were reportedly returning from the Institute of Business Administration […]