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1-10 results from 1000 for query «investment»

May 22, 2018 12:00 AM Islamic banking liquidity issues reviewed

KARACHI: Meezan Bank’s Shariah Supervisory Board reviewed major issues and challenges to Islamic banking industry with the focus on the critical challenges to liquidity management, a statement said on Monday. The board carefully reviewed and discussed various solutions for addressing the excess liquidity situation of Islamic banks and provided guidelines

May 20, 2018 12:00 AM US trying to move forward after quitting Iran nuclear deal

WASHINGTON: After leaving the Iran nuclear deal, Washington wants to move forward by offering to build a "coalition" to counter the multiple "threats" posed by the Tehran regime -- but Europeans intent on saving the 2015 accord may thwart that effort. US Secretary of State Mike Pompeo on Monday will unveil a new "diplomatic roadmap" for Iran -- how America

May 19, 2018 12:00 AM EU launches measures to protect European business in Iran

BRUSSELS: The European Commission said on Friday it had started the process of renewing a sanctions-blocking measure to protect European businesses in Iran, after the United States pulled out of the Iran nuclear accord and reimposed sanctions on Tehran. The Commission said in a statement it had "launched the formal process to activate the Blocking Statute 1

May 17, 2018 12:00 AM SCB obtains licence to distribute units

KARACHI: Standard Chartered Bank (Pakistan) Limited (SCBPL) is the first commercial bank to obtain licence to act as securities advisers for distribution of the units of Collective Investment Schemes and / or Voluntary Pension Funds by the Securities and Exchange Commission of Pakistan, a statement said on Wednbesday. Currently, SCBPL through its wealth 3

May 17, 2018 12:00 AM Husain Lawai takes chair of PSX board of directors

KARACHI: Seasoned banker Husain Lawai has been unanimously elected as chairman of the Board of Directors of Pakistan Stock Exchange Limited (PSX), a statement said on Wednesday. He, along with other six persons, was recently appointed as independent director on the board of the PSX for a term of three years, with the approval of the Securities and Exchange 2

May 16, 2018 12:00 AM FDI increases 2.4pc to $2.237 billion in 10 months

KARACHI: Foreign direct investment (FDI) in Pakistan increased 2.4 percent to $2.237 billion in 10 months of the current fiscal year, the central bank data showed on Tuesday, mainly on the back of energy and construction projects. However, FDI flows dropped to $143.7 million in April from $179.7 million in the corresponding period of the last fiscal 2

May 16, 2018 12:00 AM ExxonMobil eager to bring LNG supplies to Pakistan

Islamabad: ExxonMobil LNG Market Development, Chairwoman, Emma Cochrane, has said that Pakistan was a key strategic market for ExxonMobil and the company was eager to bring LNG supplies to fuel the country’s strong projected growth, says a press release. Whilst delivering her speech on LNG Market Development, during GEO, Board of Investment Conference 3

May 15, 2018 12:00 AM Qatari letter is a myth, Wajid Zia tells AC

ISLAMABAD: The Joint Investigation Team (JIT) head Wajid Zia Monday told the Accountability Court that the Sharif family failed to provide any money trail for the establishment of Al-Azizia Steel Company in Jeddah or the investment with Qatari royals and the Qatari letter is a myth, not reality. Counsel for Nawaz Sharif Khawaja Haris objected that the witness 1

May 15, 2018 12:00 AM Nation should unite to stop a ‘new Mujib’: Qadri

LAHORE: PAT chief Dr Tahirul Qadri on Monday said the nation must unite to stop a new Mujibur Rahman and added that those behind the Model Town killings were hell-bent to “kill” national security. Addressing his party’s core committee meeting, Qadri claimed the National Security Committee’s statement was a proof of Nawaz’s national crime. But he added

May 15, 2018 12:00 AM NLC to operate Logistics Park in Dhabeji

KARACHI: State-owned National Logistics Cell (NLC) on Monday unveiled plan to set up a logistics park to facilitate trade and industry at the proposed special economic zone in Dhabeji. Sindh Board of Investment (SBI) and NLC signed a memorandum of understanding to set up the park within the proposed China-Pakistan special economic zone (SEZ), 80 kilometers