Pakistan News

    Business With Less Investment In Hyderabad

  • Less running, less possession paid off for France at World Cup

    ZURICH: France let their opponents do the hard work on their way to winning the World Cup, running less than most teams and enjoying less than 50 per cent possession throughout the tournament, a FIFA technical report showed on Tuesday...

    The report also showed that the French scored once in every six shots on goal — compared with once in 36 shots for Germany, who were knocked out in the first round...

  • Abu Dhabi group offers $50m for Abraaj’s investment business

    ABU DHABI: An Abu Dhabi Financial Group company has made a conditional $50 million offer to buy private equity firm Abraaj’s investment management business, a document reviewed by Reuters shows...

    Abraaj has been bruised by a row with four of its investors, including the Bill & Melinda Gates Foundation and International Finance Corp (IFC), in a $1 billion healthcare fund...

  • Agility bid for part of Abraaj’s investment business: document

    DUBAI: Kuwait’s Agility, one of the largest Gulf logistics companies, submitted a bid to acquire part of the investment management business of troubled Middle East private equity firm Abraaj, a document seen by Reuters on Wednesday showed...

    Agility is one of several potential buyers of the investment management unit of Dubai-based Abraaj, which filed for provisional liquidation in the Cayman Islands in June after months of turmoil...

  • Gates says UK outside EU is ‘significantly less attractive’

    LONDON: Bill Gates, the world’s richest man, warned on Friday that Britain would become a “significantly less attractive place to do business” if it votes to leave the European Union in next week’s referendum...

    Britain goes to the polls on June 23 to vote on whether to remain in the 28-member bloc, with major companies urging Britons to remain in the EU and retain unfettered access to Europe’s market of about 500 million...

  • Women, children eat less than men in Tharparkar, says UN report

    ISLAMABAD: In the humanitarian crisis-hit Tharparkar which has the highest under-five mortality rate in Pakistan, women and children eat less than men, finds a fact-finding mission of the United Nations...

    The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) and the Food and Agriculture Organisation (FAO) undertook a joint fact-finding mission to Tharparkar with the objective of determining the effect of...

  • KP local govts to get Rs10 billion less than their share in ADP

    PESHAWAR: The districts governments across the province are likely to get around Rs10 billion less than their share in the provincial Annual Development Programme (ADP) for 2016-17 in violation of local government law, according to official documents...

    Section 53 of the KPLGA states: “-----in addition to the establishment charges budgeted for the devolved functions and transfers in lieu of Octroi and Zilla taxes, the development...

  • 78pc believe Trump’s views make world less safe

    It found that among respondents with a good knowledge of his political views: 78 per cent say Trump’s political views make the world less safe; 61pc say they make a major terror attack like Brussels or Paris more likely; 74pc say Trump’s politics have had a negative effect on their view of America; and 71pc say Trump’s political views are bad for the global economy...

    From suggesting that Muslims be temporarily banned from entering...

  • Varsity students told to help educate less privileged

    KARACHI: Students gathered at a talk and panel discussion on ‘Volunteerism: fostering empathy for social harmony’ organised by The Citizens Foundation (TCF) Ambassadors at the Institute of Business Management (IoBM) on Saturday gained much inspiration from economist and academic Dr Ishrat Hussain and architect and town planner Arif Hasan as they spoke about their personal efforts for the betterment of society...

    TCF Ambassadors are...

  • Mushtaq Mahar returns as AIG Karachi less than 2 months after Ghulam Qadir Thebo's appointment

    In less than two months since his appointment, Ghulam Qadir Thebo has been relieved from his post as the Additional Inspector General of Police (AIG) Karachi...

    IGP Khowaja had stated that the police performance was badly affected due to the frequent transfers and postings of officers in large numbers without any consultation with senior police officers, sources had told Dawn...

  • King Salman’s changes make Saudi policy less predictable

    RIYADH: Changes in Saudi Arabia’s leadership have concentrated power in an inner circle of the Al Saud dynasty, removing constraints on the monarch and making the conservative kingdom’s strategic positions less predictable...

    UnpredictabilityA further sign of growing consolidation came with last week’s decision to split state energy company Aramco from the oil ministry, a move that could improve the prospects of another of Salman’s...

  • Media in Pakistan more independent, less responsible: study

    KARACHI: The Institute of Business Management (IoBM), in collaboration with the United States Agency for International Development (USAID), released a study on Thursday analysing the Media Responsibility and Independence Index (MRII) in Pakistan...

    With the emergence of electronic media in the country, civil society and journalists have complained that media trespasses all ethical barriers in its rush to break news...

  • KP utilised less than half of uplift funds this fiscal

    PESHAWAR: The Centre for Governance and Public Accountability (CGPA), a nongovernmental organisation, on Friday urged the Khyber Pakhtunkhwa government to expedite utilisation of funds for Annual Development Programme as it could only utilise 45 per cent with 25 days left to the end of the financial year...

    He said the provincial government had performed well in expediting the development process in fourth quarter but still, 55...

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