Pakistan News

    National Saving Pakistan Prize Bond Draw

  • Prize bond dealer robbed of Rs2.76m

    RAWALPINDI: A prize bond dealer was robbed of bonds valuing Rs2...

    Waqar Ahmed, who is associated with a trading company in Raja Bazaar, was going to office after purchasing 186 prize bonds worth Rs15,000 each from the State Bank of Pakistan on The Mall...

  • Pakistani rewarded by crown prince for saving Saudi national's life

    RIYADH: Pakistani national Shaukat Amin was honoured by Crown Prince Muhammad bin Nayef bin Abdulaziz for saving a Saudi citizen from drowning in a flood in Assir, the Saudi Press Agency reported on Saturday...

    The crown prince offered Amin a financial reward for saving Fahd Al Qahtani who had been swept away by floods in Tathleeth Valley in the Assir region, the Saudi Civil Defence Directorate tweeted...

  • Pakistan’s bond story

    Articles in the international media and statements from major league investors have spoken of Pakistan’s economic turnaround in glowing terms, and credit rating agencies have acknowledged an improvement in the economic situation...

    Now a moment of truth approaches as the government mounts a road show to drum up investor support for a bond floatation scheduled for later this year...

  • Pakistan issues $500 million Euro bond

    KARACHI: Pakistan has issued a new 10-year bond of $500 million in the international Euro bond market, the finance ministry said Friday, at a coupon rate of 8...

    A finance ministry team comprising Finance Secretary Waqar Masood Khan and Governor State Bank of Pakistan Ashraf Wathra held road shows to launch the bond in London, Los Angeles, Boston and New York...

  • TV, film bans in India, Pakistan won't affect our cultural bond

    Friday nights, the oldest and youngest members of my household sit and watch one of their favourite TV shows together...

    It is the weekend and my eight-year-old gets to stay up late with her grandmother; an age difference of sixty years bridged over an hour of CID, the Indian rendition of a crime show
  • Saving Pakistan

    Today, Pakistan is passing through the toughest time of its history, surrounded by bad governance, poverty, corruption, extremism, energy crises and much more...

  • West Indies eye face-saving win after Pakistan crumble

    SHARJAH: Skipper Jason Holder took a maiden five-wicket haul and opener Kraigg Brathwaite stood firm in a tense chase to bring West Indies in sight of a consolation win in the third and final Test against Pakistan in Sharjah on Wednesday...

    Holder set his team — without a win in their last 13 Tests — on the right path with a career-best 5-30 to dismantle Pakistan for 208, which gave the West Indies a target of 153 in 135 overs spread...

  • Today’s match is a case of saving grace for Pakistan

    WITH almost all routes closed for Pakistan to get into the last four and qualify for the semi-finals, the game at Lord’s today against Bangladesh would be a case of saving grace for Sarfraz Ahmed and his men it they win the contest...

    With England’s victory against New Zealand the other day, it is highly unlikely that Pakistan would beat the heavy odds here to spring a surprise and get into the semis...

  • 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...

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