ADB to invest $3.0bn in Pakistan’s energy sector
ISLAMABAD: Asian Development Bank (ADB) has planned to invest $2 billion in Pakistan’s energy sector during the coming three years, PID reported. ADB remains top energy sector partner with $2.1…
Smuggled goods seized
QUETTA: On the directives of Chairman Federal Board of Revenue (FBR) Syed Shabar Zaidi, Customs Quetta is pursuing a rigorous anti-smuggling campaign. In a recent action, Customs staff seized large…
NAB shuffles senior officers
ISLAMABAD: National Accountability Bureau (NAB) has notified transfers and postings of senior NAB officers with immediate effect. Brig (r) Farooq Naser Awan (Director General BS-21) is moved from NAB Karachi…
Muhammad Saleem appointed Member NTC
KARACHI: The federal government has notified appointment of Muhammad Saleem as Member of National Tariff Commission (NTC) under Commerce Division for a term of five years/ Muhammad Saleem is a…
Government fully committed to Sustainable Development Goals: Asad Umar
KARACHI: Federal Minister for Planning, Development & Reform Special Initiative Asad Umar has said that the government was fully committed to achieving the Sustainable Development Goals. He highlighted government’s primary…
SECP warns public of individuals inducing public for investing in securities
LAHORE: The Securities and Exchange Commission of Pakistan (SECP) has warned the public of certain individuals inducing public, based on deceptive information, for investing in securities. SECP observed that some…
Riverstone to sell offshore Gulf of Mexico assets to Talos Energy
LONDON, UK: Riverstone Energy Limited (REL) has agreed to the sale of all offshore Gulf of Mexico assets owned by affiliates of Castex Energy 2014, LLC to Talos Energy Inc..…
Osirium releases Privileged Endpoint Manager solution
LONDON: Osirium Technologies, a leading vendor of Privileged Access Security solutions, has confirmed that its Privileged Endpoint Manager (PEM) solution is now available. This follows the launch of the Group’s…
Mike McTighe appointed Chairman of IG Group
LONDON: The Board of IG Group Holdings has announced the appointment of Robert Michael (Mike) McTighe as Chairman of the Board. IG Group is a global leader in online trading.…
Richard Rowney steps down as Chief Executive of LV=
LONDON: LV=, a leading financial mutual, announced that Richard Rowney has today stepped down as Chief Executive and a member of the Board. Richard will leave LV= on 31 December…
Number of listed companies on Qatar Stock Exchange reach 47
DOHA: The shares of “Baladna” were admitted to trading in Qatar Stock Exchange (QSE), bringing the number of companies listed on the market to 47 Qatari public shareholding companies. Baladna…
SHC reserves judgment in SCRA Alleged Indian Fabric Case
KARACHI: Solve simple controversies at department level. You file Special Customs Reference Application (SCRA) in each and every case, observed custom appellate bench of High Court of Sindh comprising Justice…
Huawei’s investment in developing ICT talent is enabling Pakistan to upgrade its IT industry
KARACHI: “China is exemplary in the way it rapidly progresses in the information and communication technology (ICT) sector, and Huawei’s investment in developing ICT talent is enabling Pakistan to upgrade…
Pak-Qatar General Takaful Participates in IBA CEIF Islamic Finance Conference
Karachi: Pak-Qatar General Takaful Limited participated at IBA CEIF Islamic Finance Conference (IFC) 2019 held in Karachi. The conference theme was ‘Emerging Trends in Islamic Finance’ in which the key…
SHC allows petition involving sugar destined for Afghanistan
KARACHI: A customs appellate bench of High Court of Sindh allowed a petition filed by Faisal Arif Ltd, importer of Sugar meant for destination in Afghanistan (Afghan Transit Trade) with…
Customs I&I Karachi recovers Rs221.7 million from M/s OGDC
KARACHI: The Enforcement section of Customs Intelligence & Investigation Karachi has recovered Rs221.7 million from M/s Oil & Gas Development Company (OGDC), which was short-paid on the import of seamless…