The government on Monday decided to remove Dr. Abdul Hafeez Shaikh from the post of finance minister and replace him with Minister for Industries and Production Hammad Azhar, Senator Shibli Faraz confirmed to Samaa TV. According to Faraz, Prime Minister Imran Khan decided to bring in a new finance team; because of “the inflation that […]
LAHORE: Former prime minister Nawaz Sharif was declared an absconder and had non-bailable arrest warrants issued against him on Tuesday in the illegal plot allotment case that also includes Jang group Editor-in-chief Mir Shakil-ur-Rahman and others as accused. Accountability Court judge Asad Ali while presiding over the hearing of the case also ordered the confiscation […]
ISLAMABAD: The Supreme Court of Pakistan granted bail to Jang/Geo Editor-in-Chief Mir Shakil-ur-Rahman on Monday. He was held in detention for more than 200 days by the National Accountability Bureau (NAB) in a case related to the purchase of a property more than 30 years ago. The senior-most executive journalist of Pakistan’s largest media group […]
Pak Suzuki Motor Company’s loss contracted by a significant 88.2% to Rs136.4 million. In the quarter ended September 30, 2020, on the back of rupee recovery and decline in interest rate According to a notice sent by the company to the Pakistan Stock Exchange on Tuesday. The automaker had reported a loss of Rs1.16 billion […]
Saudi Arabia plans to cancel a foreign worker sponsorship system, known as kafala, and replace it with a new form of contract between employers and employees. According to sources, the kafala system — that generally binds an expatriate worker to one employer — had been in place for seven decades in the kingdom. Rights groups […]
The final presidential debate between the two rivals takes on a more civilized tone than the first meeting with 12 days to Election Day. After last month’s chaotic debate, United States President Donald Trump and his Democratic rival, Joe Biden, took the stage again on Thursday night. The two rivals sparred on coronavirus strategies, leadership […]
ISLAMABAD: The government is hopeful Nawaz Sharif will be back in Pakistan soon to answer for the corruption charges against him. Adviser to the Prime Minister on Interior and Accountability Shahzad Akbar said on Wednesday that the government was working with the British authorities to finalize modalities for Nawaz’s return, while Minister for Science and […]
ISLAMABAD: The government has slapped a ban on foreign currency accounts where foreign exchange is credited through purchasing foreign currency from any un-authorized dealer, exchange company or money changer except as allowed by the State Bank through general or special permission under any law. The government has estimated that this move would help bring millions […]
Pakistan is fighting its war on terror for the last 40 years, this has greatly impacted the national psyche towards others and especially how citizens react to any external stimuli. Mishal Pakistan, a country partner institute of the Future of Economic Progress System Initiative of the World Economic Forum will be conducting this longitudinal study […]
WASHINGTON: President Donald Trump added more turbulence to the U.S. election campaign, pulling out of an Oct. 15 debate with Democratic rival Joe Biden after it was changed to a virtual event and saying he may hold a rally in Florida on Saturday. Trump, who was hospitalized for three days after disclosing last Friday he […]