Pakistan News

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  • Dubai property developers upbeat despite falling prices

    DUBAI: Dubai property developers are still turning out some larger-than-life projects even though prices are heading south again after clawing back a good chunk of their losses in the 2008 crash...

    The Gulf emirate’s annual Cityscape property fair opened Tuesday with developers foreseeing price declines of about 15 per cent this year, yet confident there would be no return to the days when huge projects were abandoned half finished......

  • Fixed tax for builders and developers to generate Rs25bn

    KARACHI: The Federal Board of Revenue (FBR) and the Association of Builders and Developers of Pakistan (ABAD) on Monday agreed on a new simplified and fixed taxation system for builders and land developers that would help generate an additional revenue of Rs25 billion...

    Under the agreement, there will be three categories of builders and developers for taxation: Category A for Karachi, Lahore and Islamabad; Category B for Hyderabad,...

  • SC stopped action against two real estate developers, NA body told

    ISLAMABAD: The Natio­nal Assembly’s Standing Committee on Overseas Pakis­tanis was informed by the Employees’ Old-Age Benefits Institution (EOBI) on Wed­nesday that the FIA had been restrained by the Supreme Court from taking action against two influential real estate developers...

    “There are specific directives not to act against Aleem Khan of Vision Developers, Lahore, and Ammar Ahmed Khan of Pak-Arab Housing, Lahore, despite the...

  • A new breed of builders and developers

    Gradually, a new breed of developers and builders made their way into the sector...

    It is with these factors in perspective that the builders and developers depend on fast-track and proper supply of raw material as well as the availability of equipment and manpower...

  • 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...

  • Sectarian tension in Hyderabad localities subsides

    HYDERABAD: Residents of Gujrati Para, Gulshan-i-Hamid and some other localities held a protest demonstration after Juma prayers against some statements made by the prayer leader of the Jama Masjid Rais, located in neighbouring Gulshan-i-Rais, a couple of days back...

  • Murder, rape convict executed in Hyderabad

    A man convicted of rape and murder was executed early Tuesday morning at the Hyderabad Central Prison...

    This is the first execution to take place in Hyderabad since 2015, when two death-row prisoners convicted for the 1998 hijacking of a PIA Fokker were executed in Karachi and Hyderabad jails...

  • Anti-drugs rally held in Hyderabad

    HYDERABAD: A rally against drugs was taken out by a number of students of public and private schools and colleges along with scores of police officials on Thursday...

    According to a Hyderabad police spokesperson, district police launched the anti-drug campaign from Nov 17 to 23 in collaboration with the Crime and Human Rights Cell set up at Hyderabad SSP office...

  • Three-day Sufi festival gets under way in Hyderabad

    HYDERABAD: A three-day festival titled ‘Sindh Sufi melo’ was inaugurated by by Sindh Senior Minister for Food and Parliamentary Affairs Nisar Ahmed Khuhro in Hyderabad Club on Sunday...

    Senator Aajiz Dhamra, Auqaf Minister Ghulam Shah Jillani, PPP Hyderabad district president Saghir Qureshi and information secretary Ahsan Abro were among the prominent figures who were present...

  • MQM-P activist Dr Naushad shot dead in Hyderabad

    A sector in-charge of Muttahida Qaumi Movement-Pakistan (MQM-P), Dr Naushad, was shot dead by unidentified assailants in Hyderabad on Wednesday, DawnNews reported...

    Residents of the area called police after spotting his body, which was subsequently shifted to Liaquat University Hospital, Hyderabad...

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