Pakistan News

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  • PM Abbasi launches 100/100/100 education programme for children in Islamabad

    Prime Minister Shahid Khaqan Abbasi on Monday inaugurated the 100/100/100 education programme targeting 100 per cent enrolment, retention and graduation of children in schools in Islamabad and hoped that the initiative would also be emulated by the provinces...

    The 100/100/100 programme was first mentioned in the annual budget speech by Finance Minister Miftah Ismail, who had said: "This is a national commitment that I make today to...

  • PML-N issues white paper on govt’s 100-day performance

    ISLAMABAD: The Pakistan Muslim League-Nawaz (PML-N) on Friday issued a white paper on the government’s 100-day performance, which stated that “all economic and social indicators are showing downward trend during the first three months of the Pakistan Tehreek-i-Insaf (PTI)-led administration”...

    Speaking at a joint press conference with PML-N leaders Ahsan Iqbal, Marriyum Aurangzeb and Rana Sanaullah, the ex-PM claimed that the first...

  • Pemra seeks ARY News response to IB complaint against 'fake news'

    The Pakistan Electronic Media Regulatory Authority (Pemra) on Saturday directed ARY News to respond to a complaint filed by the Intelligence Bureau (IB) against its report on a list of lawmakers suspected of links with banned militant groups allegedly compiled by the IB...

    The list first came to light when ARY News programme 'Power Play' aired a report on Sept 25 claiming that former prime minister Nawaz Sharif had directed the IB on...

  • Pemra serves notices to ARY, Bol News over 'fake' news regarding cabinet reshuffle

    The Pakistan Electronic Media Regulatory Authority (Pemra) has issued show-cause notices to ARY News and Bol News for airing news items regarding a reshuffle in the federal cabinet and change in the portfolios of some federal ministers, it emerged on Tuesday...

    The two media outlets had aired the news on Monday morning about a possible reshuffle in the posts for Minister for Finance and Minister of State for Interior held by Asad Umar...

  • PSX: Benchmark KSE-100 sheds 2,100 points after country goes into lockdown over virus threat

    But as soon as trading began, all hell broke loose as panicked investors rushed for the exit: The benchmark KSE-100 inedex plunged 1,826 points by 11:37am, just seven minutes into the opening bell...

    Today's hammering comes on the back of a nightmarish last week for the stock market which saw the KSE-100 index sink by 5,393 points, representing the heaviest point-wise fall in the history...

  • Webb posts 11 luxury watches, three cars to secure $10m bond

    The indicted football official is providing 11 luxury watches to secure the $10 million bond that provided his release from custody along with his wife’s wedding ring, three opulent cars and 10 properties...

    According to an order filed Monday setting the conditions for release, Webb secured the bond with a five Rolex watches plus a Cartier Roadster, Hublot, Breitling, Panerai, Royal Oak Offshore and Luminor Marina...

  • Abu Dhabi sells first 30-year bond

    DUBAI: Abu Dhabi sold its first ever 30-year sovereign bond on Tuesday as part of a $10 billion triple-tranche debt issue that drew heavy demand...

    5bn bond issue by Saudi Arabia last week the largest emerging market bond sale in 2017 — and was the latest jumbo sovereign offering from Gulf states tapping the debt markets in a period of low oil prices...

  • Moody’s upgrades Pak bond ratings

    WASHINGTON: Moody’s Investors Service on Thursday upgraded Pakistan’s foreign currency issuer and senior unsecured bond ratings to B3 from Caa1, and assigned a stable outlook...

    In Thursday’s rating action, Moody’s also changed Pakistan’s foreign-currency bond ceiling to B2 from B3, the foreign-currency deposit ceiling to Caa1 from Caa2, and the local-currency country risk ceiling to Ba3 from B1...

  • Court upholds ECB’s bond buying plan

    The court disagreed, saying the bond-purchase offer “falls within monetary policy and within the powers” of the European system of central banks with the ECB at its head...

    The bond purchase offer was part of ECB head Mario Draghi’s 2012 promise to do “whatever it takes” to save the euro...

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