A trader at a commercial bank noted, “We anticipate the shilling will remain steady in the near term, supported by these factors, until the outcome of the infrastructure bond auction is known. Such bonds typically draw significant foreign investor interest, which could further influence the currency’s performance.” Infrastructure bonds in Kenya are often sought after […]
The prime minister made these opening remarks at the meeting of the federal cabinet chaired by him. The premier briefed the cabinet about his interaction with the Managing Director of the International Monetary Fund (IMF) in Dubai who appreciated Team Pakistan for its commendable efforts in implementing the IMF program and amicably achieving economic indicators. […]
“Mediators from Qatar and Egypt are in contact with the American side,” said the source on condition of anonymity as he was not authorized to speak publicly on the Gaza ceasefire. “They are working intensively to resolve the crisis and compel Israel to implement the humanitarian protocol in the ceasefire agreement and begin negotiations for […]
Before Prime Minister Sheikh Hasina was toppled in a student-led movement last August, her government cracked down on protesters and others, including “hundreds of extrajudicial killings”, the United Nations said. The UN rights office said it had “reasonable grounds to believe that the crimes against humanity of murder, torture, imprisonment and infliction of other inhumane […]
Russia has for decades been the main weapons supplier to India, the world’s biggest arms importer and its fighter jets are part of India’s military fleet. But Moscow’s ability in recent years to export has been hobbled by the war in Ukraine, making New Delhi look westward. A spokesperson for Russian state arms exporter Rosoboronexport […]
The Pasadena, California-based fried-chicken chain is working with investment bank North Point on a sale process, which is attracting interest from private equity firms, the sources said, requesting anonymity as the discussions are confidential. The deliberations come at a time when restaurant operators like Dave’s are facing increased labor costs and are attempting to pass […]
Despite having some of the world’s biggest oil and gas reserves, Iran has been facing power shortages as it struggles to supply enough fuel to its power plants, especially in winter when heating demand surges. “Due to extreme cold, frost, snowfall and the need to cut energy consumption, government offices and schools have been shut […]
In a complaint filed in St. Louis federal court, Missouri accused Starbucks of tying executive pay to the company’s achieving racial and gender-based hiring quotas. It also accused Starbucks of singling out preferred groups for additional training and job advancement prospects and employing a quota system to ensure its board of directors had a variety […]
The move has been taken under the right-sizing policy of the incumbent government to save extra expenditures. According to the notification, the Narcotics Control Ministry has been abolished and the Anti-Narcotics Force (ANF) has been given under the control of the Interior Ministry. Earlier in July, Finance Minister Muhammad Aurangzeb stressed the importance of rightsizing […]
The ATC judge expressed resentment over terrorism charges against the Muhajir Qaumi Movement’s Chairman, who was arrested in two arson and terrorism cases by police. “Politicians become more popular when they go to jail,” the Judge remarked. “A gentleman is already in jail and not being controlled, now he is being asked to go out, […]
