Pakistan News

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  • Axis of good and evil

    ON his first foreign foray, President Donald Trump, apart from asking the 50-odd Muslim leaders assembled in Riyadh to act against “Islamist terrorism”, proposed a new alliance between the US, Arab-Muslim states and Israel to oppose Iran’s hegemonic expansion and support for ‘terrorism’, while simultaneously promising a peace agreement between Israel and the Palestinians...

    In his Riyadh speech, Trump called this a struggle between “good...
  • COVER: The China-Pakistan Axis by Andrew Small

    DRAWING a broad picture and bringing local narratives into context, Andrew Small has provided a lucid account of how the rather unequal friendship between Pakistan and China has developed over the last decades in his book, The China-Pakistan Axis: Asia’s New Geopolitics...

    In a broader perspective in The China-Pakistan Axis: Asia’s New Geopolitics Small has brought together a large number of sources and conducted interviews with many...

  • Former NBP president arrested on corruption charges involving bank's Bangladesh branch

    The National Accountability Bureau (NAB) on Friday arrested former National Bank of Pakistan (NBP) president Syed Ali Raza on charges of corruption after the Sindh High Court turned down Raza's bail request...

    The National Accountability Bureau (NAB) had filed a reference against the former NBP chief and other officials for allegedly misusing their authority by granting and revising financing facilities in the NBP Bangladesh branch...

  • Bank of China to open branch in Gwadar soon

    GWADAR: The Bank of China, along with other national and international banks, plans to open a branch in Gwadar, said Gwadar Port Authority Chairman Dostain Khan Jamaldini in a meeting with the president of the Summit Bank, Zaheer Esmail, here on Thursday...

    Mr Jamaldini claimed that with the Gwadar Deep Seaport becoming operational, several of the country’s commercial banks were interested in opening branches in the port city and the...

  • Bank of China to open first branch in Pakistan

    Bank of China (BoC) will be setting up its first branch in Pakistan as it has received its banking license from the State Bank of Pakistan (SBP)...

    Finance Minister Ishaq Dar met with Bank of China Chairman Tian Guo Li in Beijing, where the latter was invited to visit Pakistan to inaugurate bank's first branch in Pakistan, expected to be set up in Karachi...

  • Habib Bank to open branch in China

    KARACHI: Habib Bank Limited on Monday announced it had received a licence to open a branch in China, a move that would make it the first South Asian lender to operate in the world’s number two economy...

    HBL said it would open a branch in Urumqi, the largest city in the province of Xinjiang, which lies along the traditional Silk Route and borders Pakistan...

  • Rs540,000 looted from bank branch in Ranchhore Line

    KARACHI: More than half a dozen armed robbers stormed into a private bank branch in Ranchhore Line on Tuesday and walked off with half a million rupees in this year’s eighth such heist in the city, officials said...

    They added that over six armed motorcyclists pulled up at Summit Bank near Lakh Pati Chowk in Ranchhore Line and four of them disarmed a security guard deputed at its entrance...

  • Iranian bank to open branch ‘very soon’: CG

    LAHORE: An Iranian bank will open its first branch in Karachi “very soon,” as the State Bank of Pakistan (SBP) and the Central Bank of Iran have already finalised all modalities, according to Iranian Consul General Mohammad Hossein Bani Asadi...

  • 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...

  • Special Branch suggests talks with protesters

    The Special Branch briefed senior police and administration officers at a meeting about the situation...

    According to information collected by the Special Branch, some of the protesters were armed with weapons and had the tactical advantage as they had occupied rooftops and bridges around Faizabad...

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