Pakistan News

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  • 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...

  • Court decision clouds NBP’s plan to open China branch

    ISLAMABAD: The opening of a branch by National Bank of Pakistan (NBP) in China has run into snags due to a recent decision by the apex court, which requires one-time capital adjustment of Rs47...

    NBP President Saeed Ahmad told the Senate Standing Committee on Finance on Wednesday that the bank is all set to open its branch in China next year after getting licences from the regulator concerned...

  • 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...

  • Protesting villagers reject fresh olive branch offered to agree on Gorano reservoir

    MITHI: Residents of Gorano and about a dozen other Thar villages protesting against the construction of a reservoir meant for temporarily storing mine effluent have rejected the fresh move to conduct a survey of the site and an offer to pay compensation to the people who had not been paid due compensation for their lands earlier...

    The reservoir — to be spread over an area of 1,500 acres — had become controversial ever since the...
  • Special Branch chief, Kasur DPO removed

    A spokesman for the Punjab government said in a press release that Special Branch’s Additional IG Dr Arif Mushtaq had been removed for having failed to report the incident to Chief Minister Shahbaz Sharif in time...

    DSP City Kasur Hassan Farooq and DSP Special Branch Kasur Asghar Dogar have been made OSD (officer on special duty) for showing negligence in their duty...

  • US Fed slaps partial ban; HBL says its NY branch operational

    The HBL said in a press release, “The orders limit the branch’s growth of its US dollar-clearing business, but the branch is allowed to continue to conduct its current dollar-clearing business...

    The HBL press release said that during a recent examination, the US regulators found deficiencies in the risk management and BSA/AML compliance programme at HBL’s New York branch and, subsequently, escalated the enforcement actions from the...

  • NAB transfers Rawalpindi branch’s head

    It is believed that the sudden change would affect investigations into major corruption cases being dealt by the NAB’s Rawalpindi branch...

    The bureau’s Rawalpindi branch has been investigating several major corruption cases, including those involving Prime Minister Nawaz Sharif, former president Asif Ali Zardari and former prime ministers Yousuf Raza Gilani and Raja Pervez Ashraf...

  • ANP extends olive branch to PTI ‘for progress of country’

    UPPER DIR: Awami National Party provincial president and former chief minister Ameer Haider Khan Hoti has said that their party is ready to extend ‘hand of friendship’ to Imran Khan’s Pakistan Tehreek-i-Insaf (PTI) for the sake of progress and unity of the country...

     He was addressing a public gathering in Wari, organised in connection with the election campaign of PPP candidate Sahibzada Sanaullah
  • US offers olive branch to new Taliban leadership

    WASHINGTON: The United States offered an olive branch to the new Taliban leader when it asked him to join the Afghan reconciliation process, says the US State Department...

    “Our olive branch would be simply that we have long said that we support an Afghan-led, Afghan-owned peace process and reconciliation process, and we would welcome any efforts by the new Taliban leadership to engage,” said a State Department spokesman, Mark...

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