Thursday, March 28th, 2019
Sturgeon Capital and KASB securities join hands for investments
ISLAMABAD, MAR 28 (DNA) -Sturgeon Capital and KASB Securities have announced partnership with local partner for investment in Pakistan London, United Kingdom. Sturgeon Capital, a UK based asset manager specializing in frontier markets has signed a partnership agreement with Khadim Ali Shah Bukhari Securities in Pakistan. Khadim Ali Shah Bukhari Securities will provide Sturgeon Capital advisory services such as research on Pakistan’s macro-economic outlook, financial analysis and due diligence on companies, corporate access and domestic execution within a best execution framework. Sturgeon has also agreed to subscribe to the currentRead More
Mauritius ready to help Pakistan in tourism promotion: high commissioner
by ANSAR M BHATTI ISLAMABAD, MAR 28 (DNA) –High Commissioner of Mauritius Rashidally Soobadar has said his country was ready to share its success story especially in the tourism field with Pakistan as Mauritius is ranked prominent among those countries that fetch huge influx of tourists every year. The high commissioner made these remarks while speaking on the occasion of 51st anniversary of independence of Republic of Mauritius. Federal Minister for Water Resources Faisal Vawda was the chief guest while ambassadors and high commissioners of the African group alsoRead More
Fake accounts case: IHC grants Zardari, Talpur pre-arrest bails
ISLAMABAD: (DNA) – The Islamabad High Court on Thursday granted pre-arrest bail to Pakistan Peoples Party (PPP) leaders Asif Ali Zardari and Faryal Talpur in the case pertaining to money laundering of billions through fictitious bank accounts. PPP’s top leadership, Omni Group’s Anwar Majeed and his son Abdul Ghani Majeed, former Pakistan Stock Exchange chairperson Hussain Lawai, Summit Bank Senior Vice-President Taha Raza are among those being investigated in a case related to money laundering of billions through fictitious bank accounts. The matter is also being heard by the Supreme Court. ZardariRead More
Brexit still deadlocked as UK Parliament rejects alternative plans
London (DNA) – There was no sign of a breakthrough in the Brexit deadlock Wednesday when UK lawmakers failed to agree on an alternative to Theresa May’s beleaguered plan even as she offered to resign in a desperate attempt to save it. Facing intense pressure from her fractured party, the British Prime Minister said she would step down if and when her Brexit deal was delivered. There was a desire for “a new approach, and new leadership,” she told a meeting of Conservative lawmakers. Hours later, members of the House ofRead More
Nawaz to be shifted to Sharif Medical City for treatment
LAHORE (DNA) – Former Prime Minister Nawaz Sharif will be shifted to the Sharif Medical City for treatment after getting a six-week bail on medical grounds by the Supreme Court. Nawaz Sharif’s doctor said it will be determined whether the treatment is possible or not in six weeks after the check-up of the former premier. It is worth mentioning here that the Supreme Court had on Tuesday granted bail to former premier Nawaz Sharif for six weeks against a surety bond of Rs5 million in a petition filed on medicalRead More