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September 20, 2018 12:00 AM EU delegation visits Lahore

LAHORE: A high-profile delegation of the European Conservative and Reformists Group of Parliamentarians visited Lahore, a statement said on Wednesday. The delegation was led by Hans-Olaf Henkel and five other members of his team, it added. The visit of the trade focused parliamentary delegation from the EU will open further opportunities for enhanced 9

September 2, 2018 1:55 AM PM-led economic council formed to advise govt

ISLAMABAD: Prime Minister Imran Khan has constituted an 18-member Economic Advisory Council (EAC) with the induction of a few world-renowned economists to ensure the availability of best possible professional advice to the government on economic policies. Unlike past practices, the new EAC will be headed by the prime minister himself to ensure that the best possible 1

August 31, 2018 12:00 AM Space station reports ‘leak’, crew safe

MOSCOW: The International Space Station crew on Thursday was repairing a small "leak" most likely caused by a collision with a small meteorite, the head of the Russian space agency said, adding the incident presented no danger. "Overnight and in the morning there was an abnormal situation -- a pressure drop, an oxygen leak at the station," Roscosmos

July 20, 2018 12:00 AM OPPO unveils Find X in Pakistan

KARACHI: OPPO launched its flagship smartphone, OPPO Find X, in Pakistan on Thursday, a statement said. With a panoramic arc design - 6.42-inch screen with a screen ratio of 93.8 percent and stealth 3D cameras, OPPO Find X represents OPPO’s innovative spirit, it added. Priced at Rs129,999 OPPO Find X will be available in Bordeaux Red and Glacier Blue variants 3

July 14, 2018 12:00 AM Intel acquires small chipmaker to bolster efforts beyond CPUs

SAN FRANCISCO: Intel Corp has said that it plans to acquire eASIC, a small chipmaker that will help further Intel’s efforts to diversify away from CPU chips. Intel did not disclose terms of the deal for eASIC, which is based in Intel’s hometown of Santa Clara, California. An Intel spokeswoman said the price was “not material,” but that about 120 people 7

July 6, 2018 12:00 AM Pak Navy to acquire four Turkish ships

ISLAMABAD: The Pakistan Navy has signed a contract for acquisition of 4x MILGEM Class Ships with M/s ASFAT AS, Turkey, which is a military factory and shipyard company under the Ministry of National Defence, Turkey, here at the Ministry of Defence Production on Thursday. The contract also includes complete transfer of technology and the transfer of intellectual 4

July 5, 2018 6:02 PM Pak Navy signs contract for acquisition of 4 warships from Turkey

ISLAMABAD: Pakistan Navy has signed a contract for acquisition of four MILGEM Class Ships with M/s ASFAT A.S, Turkey which is a Military Factory and Shipyard Company under the Ministry of National Defence, Turkey. The agreement was signed at Ministry of Defence Production (MoDP), in Islamabad. The contract also includes complete transfer of technology' 19

June 24, 2018 12:00 AM Shell says sales slipped after major supply chain safety overhaul

SHEIKHUPURA: Jawwad Cheema, managing director Shell Pakistan Limited, on Saturday said the company’s sales had substantially dropped following the removal of all the sub-safety-standard trucks from the supply chain in a bid to avoid tragic incidents like the one in Ahmed Pur Shariqa, South Punjab. On June 25, 2017 and explosion took place after an oil tanker 4

June 21, 2018 12:00 AM CDA approves Aleem Khan’s housing society

ISLAMABAD: The Capital Development Authority (CDA) on the first day of caretaker setup approved the layout plan of Pakistan Tehreek-e-Insaf (PTI) senior leader Abdul Aleem Khan's housing society in the green zone of the capital which was earlier cancelled by the civic authority and endorsed by the Islamabad High Court, documents reveal. Aleem Khan’s 83

June 13, 2018 12:00 AM Al-Futtaim Renault acquires land to set up plant

KARACHI: Al-Futtaim Renault Pakistan, an automotive joint-venture of French and Dubai-based firms, has acquired an industrial land in Faisalabad to set up a factory for manufacturing and assembling of vehicles in the country. “We, together with Groupe Renault, are delighted to have completed the land acquisition, which is an important milestone in the project 14