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1-10 results from 1000 for query «assets»

August 5, 2018 2:27 AM Trump and Erdogan square up for a fight

PRESIDENT Donald Trump may have squabbled with Western European leaders on a trip to Nato headquarters last month and cast the European Union as a “foe” but he displayed plenty of warmth for Turkish President Recep Tayyip Erdogan. According to one account, Trump “fist-bumped” his Turkish counterpart when they met in Brussels, praising a leader known 24

August 5, 2018 2:26 AM Erdogan sanctions American officials in retaliatory move

ANKARA: President Recep Tayyip Erdogan on Saturday said Turkey would impose sanctions on two US officials in retaliation for a similar move by Washington, hitting back in an unprecedented row between the Nato allies. Turkey’s holding of pastor Andrew Brunson on terror-related charges for almost two years has sparked one of the most intense crises between 6

August 1, 2018 2:02 AM NAB again summons Aleem Khan

LAHORE: The National Accountability Bureau (NAB) has re-summoned Pakistan Tehreek-i-Insaf leader Aleem Khan for Aug 8 in a case of having assets beyond known sources of income. According to a source, the NAB issued him another notice to reappear before a combined investigation team after his reply failed to satisfy it. “Aleem Khan had submitted a reply 4

July 20, 2018 12:00 AM Dubai Islamic Bank H1 Net Profit rises 14% on core business

Dubai 18th July 2018: Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE by assets, posted group net profit of Dh2.44 billion in the first-half of 2018 compared with Dh2.14 billion for the same period in 2017, up 14 percent. Net revenue for the period ending June 30, 2018 amounted to Dh4.036 billion, an increase of 10 per cent compared with Dh3.677 billion 2

July 18, 2018 12:00 AM SECP finalises regulatory regime for valuers

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has concluded its efforts to introduce regulatory regime for registration and governance of professional valuers, an announcement said on Tuesday. The professional valuers are individuals or organisations that appraise the value of assets and collaterals provided to banks and financial 1

July 15, 2018 12:00 AM Comcast to pay 243mln pounds in fees for Sky takeover

LONDON: Comcast expects to pay the banks, law firms and other advisers on its 25.9 billion pound ($34.23 billion) bid for Sky as much as 243 million pounds if it wins the battle for the British broadcaster, the U.S. cable giant said on Friday. Twenty-First Century Fox, Comcast and Walt Disney that will generate large fees for advisory firms working on all sides 11

July 13, 2018 12:00 AM SECP confirms PIF, PGF conversion into open-end funds

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has approved the conversion of PICIC Investment Fund (PIF) and PICIC Growth Fund (PGF), being managed by HBL AMC into open-end funds, an announcement said on Thursday. The corporate sector regulator in a statement said it managed to bring this longstanding issue to a successful conclusion 4

July 12, 2018 12:00 AM Money taken abroad through corruption, legal means: DG FIA

ISLAMABAD: Director General (DG) Federal Investigation Agency (FIA) Bashir Memon informed the Supreme Court on Wednesday that 4,221 Pakistanis have foreign bank accounts and assets in the United Arab Emirates (UAE). The revelation came as Chief Justice of Pakistan (CJP) Mian Saqib Nisar, while heading a two-judge bench, remarked, “FIA should inform us how many Pakistanis 9

July 11, 2018 12:00 AM Malaysia asks Macau to detain financier Jho Low after he flees HK

KUALA LUMPUR: Malaysian police said they had asked Macau authorities to detain Malaysian financier Low Taek Jho, who they believe evaded arrest in Hong Kong and escaped via ferry to the nearby island. Low, or Jho Low as he is known, has been identified by Malaysian and US investigators as a key figure in the multi-billion dollar 1Malaysia Development 1

July 8, 2018 12:00 AM Pakistan ranked among 25 most powerful countries: report

WASHINGTON: Pakistan has dropped two positions to 22 in the list of most powerful countries in the world leaving Singapore, Spain and Brazil behind in a new global ranking. As per the list published by US News and World Report, an American media house publishing since 1933 has placed the South Asian country at the 22nd spot. The ranking is based on the influence 2