World Bank predicts robust economic growth for Pakistan in FY18

World Bank predicts robust economic growth for Pakistan in FY18
ISLAMABAD: Pakistan’s Gross Domestic Product (GDP) growth rate will continue to accelerate in the coming financial years. According to a World Bank report on Pakistan Development Update, Pakistan’s GDP growth will reach 5.5 percent in the next fiscal year and 5.8 percent in fiscal year 2019. The report said Pakistan’s growth will continue to benefit from growing consumer and investor... Read More

GE signs $15 billion of Saudi deals, MoUs during Trump visit

GE signs $15 billion of Saudi deals, MoUs during Trump visit
RIYADH: US conglomerate General Electric (GE) said it signed agreements and memorandums of understanding worth $15 billion with Saudi Arabia on Saturday during President Donald Trump s visit to the oil-rich kingdom. The Boston-headquartered firm said the agreements were inked in the presence of King Salman and Trump, who has chosen Saudi Arabia for his first foreign trip since taking office... Read More

Pakistan targets 100,000 tons of mango exports this season

Pakistan targets 100,000 tons of mango exports this season
KARACHI: Pakistan is all-set to kick off its mango exports from today with aim to meet the set target of 100,000 tons for this season, narrated Waheed Ahmed, patron in chief, All Pakistan Fruit & Vegetable Exporters, Importers & Merchants Association (PFVA). Ahmad disclosed that mango exports had remained well above the set target of 100,000 tons in the previous... Read More

US, Saudi companies sign business deals worth tens of billions of dollars

US, Saudi companies sign business deals worth tens of billions of dollars
RIYADH: United States and Saudi Arabian companies signed business deals worth tens of billions of dollars on Saturday during a visit by President Donald Trump, as Riyadh seeks help to develop its economy beyond oil. National oil firm Saudi Aramco said it signed $50 billion of agreements with US firms. Energy minister Khalid al-Falih said deals involving all companies totalled... Read More

PM Nawaz arrives in Saudi Arabia to attend US-Arab-Islamic Summit

PM Nawaz arrives in Saudi Arabia to attend US-Arab-Islamic Summit
RIYADH: Prime Minister Nawaz Sharif has arrived  Saudi Arabia on a two-day visit to attend US-Arab-Islamic Summit scheduled to be held here today. The Prime Minister is attending the summit on the invitation of Saudi King Salman Bin Abdul Aziz Al-Saud. In addition to US President Donald Trump, fifty-five leaders of Muslim world as well as Secretary Generals of OIC,... Read More

Attack on police mobile leaves four policemen dead in Kohat

Attack on police mobile leaves four policemen dead in Kohat
PESHAWAR: Terrorists attack on a police mobile van left at least four police officials killed in Lachi Tehsil of Kohat District Saturday night, police said. The police mobile van was on its way back after an operation against accused in kamal khel area of Kohat district when terrorists ambushed their vehicle. SHO Lachi Police Station Khanullah and additional SHO Tahir... Read More

Two policemen martyred in firing incident in Bahadarabad

Two policemen martyred in firing incident in Bahadarabad
KARACHI: Two policemen were martyred and one sustained critical injuries in an attack on a police mobile van in Bahadarabad area of the metropolis on Saturday night, the police said. Talking to the media, SSP East Faisal Abdullah said unidentified assailants fired at New Town Police Station’s mobile van (No. SPD-349) during routine patrolling, injuring three police personnel. The wounded... Read More

England’s Anderson suffers groin injury

England’s Anderson suffers groin injury
LONDON: England spearhead James Anderson missed the whole of Saturday’s play in Lancashire’s Roses clash with Yorkshire because of a groin injury and may take no further part in the match. Anderson, England’s all-time leading wicket-taker in Tests, has not been in action at Old Trafford since limping off clutching his groin on Friday’s first day. The 34-year-old fast bowler... Read More
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