Pakistan News

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  • Accountability court acquits Zardari in SGS-Cotecna case

    ISLAMABAD: Former president and Pakistan Peoples Party (PPP) Co-Chairman Asif Ali Zardari was acquitted by a National Accountability Bureau (NAB) court in the SGS-Cotecna references against him Tuesday...

    SGS-Cotecna reference pertains to the award of pre-shipment contracts in which the accused had allegedly received six per cent kickback...

  • Dutch company to acquire Engro Foods Ltd

    KARACHI: A Dutch dairy cooperative is set to buy out food giant Engro Foods Limited with an investment of around $460million, in what would amount to the largest private sector takeover by a foreign firm in the country's history...

    FrieslandCampina International Holding BV intends to acquire a 51 per cent stake of Engro Foods Limited, one of the largest listed companies at the Pakistan Stock Exchange (PSX), a notification on the...

  • AGP Ltd raises Rs2.8 billion

    KARACHI: AGP Ltd, a pharmaceutical company in the fold of OBS Group, has raised Rs2...

    At the gong-ringing ceremony at the PSX on Monday that signalled the start of trading of company’s stock, AGP Ltd share price quickly hit the upper circuit of 5 per cent to take the stock price to Rs84, from the offered price of Rs80 a share...

  • Sindh govt issues flash-flood warning for lower, urban parts of Sindh

    The Sindh government on Tuesday issued a weather warning, anticipating heavy rains later this week, in which it directed all district disaster management authorities, commissioners and deputy commissioners to ensure that all precautionary measures are taken to avoid any untoward situation as well adopt an effective response mechanism, including issuing an early warning for flash floods...

    The direction, through a "most urgent" letter,...

  • PTI challenges Sindh’s accountability law in Sindh High Court

    KARACHI: The Pakistan Tehreek-i-Insaf on Tuesday moved the Sindh High Court (SHC) against a new provincial law that repeals the applicability of the National Accountability Ordinance (NAO), better known as the NAB Ordinance, in the province...

    Earlier, two petitions against the repeal of the NAB Ordinance were separately filed by Dr Farooq Sattar of the Muttahida Qaumi Movement-Pakistan and Nusrat Sehar Abbasi of the Pakistan Muslim...

  • Sindh CM wants child protection units set up in women police stations across Sindh

    KARACHI: Sindh Chief Minister Syed Murad Ali Shah on Monday ordered that child protection units (CPUs) be established in all women police stations with the responsibility to deal child abuse cases...

    The meeting was attended by provincial ministers Sohail Anwar Siyal and Ziaul Hassan Lanjar, Chief Secretary Rizwan Memon, Sindh IG AD Khowaja, retired Justice Nasir Aslam Zahid, principal secretary to CM Sohail Rajput, education...

  • Karachi corps commander meets Sindh chief minister

    KARACHI: Karachi Corps Commander Lt Gen Naveed Mukhtar called on Sindh Chief Minister Syed Qaim Ali Shah at the CM House on Thursday...

    Although there was no official word about the outcome of the meeting, analysts are of the view that it took place against the backdrop of delay in extending the stay of Rangers in Sindh and its policing powers...

  • PM assures Sindh govt of Karachi Circular Railway approval

    KARACHI: Prime Minister Shahid Khaqan Abbasi has assured Sindh Chief Minister Syed Murad Ali Shah that he would ensure approval of the Karachi Circular Railway (KCR) project by the Executive Committee of the National Economic Council (Ecnec) as it has already been included in the China-Pakistan Economic Corridor (CPEC) projects...

    ”Chief minister seeks Abbasi’s intervention in deciding tariff for small power plantsThe chief minister,...

  • Security consultant meets Sindh's CM, police chief as PCB seeks bringing PSL to Karachi

    The security representative of a firm that advises the International Cricket Council (ICC) and the Federation of International Cricketer's Association (FICA) met the Sindh chief minister and the province's police chief to discuss the security measures and arrangements regarding the Pakistan Super League (PSL) matches likely to be held in Karachi...

    Reg Dickason of Eastern Star International also visited the National Stadium to review...

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