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April 19, 2018 12:00 AM Saudi firms keen to invest in Pakistan

KARACHI: Saudi Arabian companies expressed keen interest in starting business in Pakistan at a seminar held in Riyadh, a government statement said on Wednesday. Board of Investment, Council of Saudi Chambers, Riyadh Chamber and Embassy of Pakistan in Riyadh jointly organised the seminar in which more than 150 Saudi Arabian companies participated

April 19, 2018 12:00 AM KCCI seeks reduced taxes

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has urged the Federal Board of Revenue (FBR) to reduce taxes and duties on the import of motorcycle parts with a view to discourage smuggling and provide relief to the common man, a statement said on Wednesday. KCCI President Muafasdar Malik said that motorcycles are commonly used by the lower

April 19, 2018 12:00 AM Matthysse vows fight ‘to the death’ against Pacquiao

MANILA, Philippines: World champion Lucas Matthysse on Wednesday vowed a fight “to the death” in his July title defence against Manny Pacquiao, describing the Philippine boxing legend a diminished star. But the 35-year-old Argentine — who took the vacant World Boxing Association welterweight title in January — said it was still a “dream-come-true” and “an honour

April 19, 2018 12:00 AM Kohli keen on county stint ahead of England tour

NEW DELHI: Virat Kohli says he is keen to play county cricket to get used to conditions on English soil ahead of India’s tour of the country later this year. The Indian skipper — the second-ranked Test batsman in the world and the best in One-day Internationals (ODIs) — had an uncharacteristically ordinary spell during the England tour in 2014. The prolific

April 18, 2018 12:00 AM Pakistan to tee off first Asian Tour golf in 11 years

KARACHI: Pakistan will host its first golf tournament with the Asian Tour in 11 years, organisers announced Tuesday, as international sports gradually returns to a terror-hit country where security has improved. The Chief of Naval Staff Open Golf Championship is set to tee off from July 24 to 27 in Karachi, attracting a talented cast of Asian Tour stars

April 18, 2018 12:00 AM POA to honour CWG medal winners

LAHORE: Lt Gen (retd) Syed Arif Hasan, President Pakistan Olympic Association, has planned a reception in honour of medal-winning athletes of the country who brought laurels to the country in the recently-concluded Commonwealth Games (CWG). The reception will be held on April 20 at Olympic House. Pakistan athletes won one gold medal and four bronze in wrestling

April 18, 2018 12:00 AM CNS vows to make Asian Tour event at KGC huge success

KARACHI: The organisers of the CNS Open Golf Championship, which will mark the return of the Asian Tour to Pakistan, on Tuesday vowed to make the US$300,000 tournament a mega success. Admiral Zafar Mahmood Abbasi, the Chief of Naval Staff, said in a statement that Pakistan’s golfing fraternity was thrilled to welcome back the Asian Tour.The Asian Tour will make a welcome 2

April 18, 2018 12:00 AM Parliamentary Secretary on Climate Change meets with JS Group officials

Karachi: Romina Alam Khan, Parliamentary Secretary for Climate Change visited the Central Offices of JS Group to meet with officials from JS Bank and the Mahvash and Jahangir Siddiqui Foundation (MJSF). As per the Global Climate Risk Index 2018 report, Pakistan is ranked as the 7th most vulnerable country to global warming and climate change. In view of the country’s

April 18, 2018 12:00 AM ‘Huge potential for aviation business’

KARACHI: There is a huge potential for aviation business in Pakistan, mainly after the China-Pakistan Economic Corridor (CPEC), said Kanaporn Apinonkul, country manager of Thai Airways International. Speaking to a group of journalists at the concluding ceremony of two weeks Thailand food festival, he said, at present, Thai Airways operated daily flight

April 17, 2018 12:00 AM King Salman, Abbasi witness closing ceremony of military drill

ALJUBAIL (Saudi Arabia): Prime Minister Shahid Khaqan Abbasi along with several other world leaders Monday witnessed a grand closing ceremony of an unprecedented 24-country military exercise Gulf Shield 1. Saudi King Salman bin Abdulaziz al Saud received the leaders, defence and foreign ministers, and heads of different armed forces at the event, held in the desert 1