RIYADH, OCT 14: Saudi Arabia on Wednesday criticized the opening of the embassy of Colombia to Israel in the city of Jerusalem. “The Ministry of Foreign Affairs expresses the condemnation and rejection by the Kingdom of Saudi Arabia of the Colombian government’s move to open its ‘embassy’ in the occupied city of Jerusalem,” a statement read. It called the move a “blatant violation of international law and legitimate international decisions of relevance,” that constitutes a “direct harm to the legal and historical status” of the city. In addition, it stressedRead More

ISLAMABAD, OCT 14 /DNA/ – Deputy Prime Minister/Foreign Minister Senator Mohammad Ishaq Dar @MIshaqDar50 held a meeting with Mr. Vladimir Kolokoltsev, Interior Minister of the Russian Federation, at the Ministry of Foreign Affairs today. Federal Minister for Interior Mohsin Naqvi and Minister of State for Interior Talal Chaudhry also joined the meeting. The DPM/FM expressed satisfaction at the positive momentum in Pakistan–Russia relations, welcoming recent high-level visits and exchanges. The two sides discussed avenues for enhancing cooperation in trade, investment, culture and tourism, strengthening people-to-people ties, and maintaining close cooperationRead More

ISLAMABAD, Oct 14 (DNA):The Securities and Exchange Commission of Pakistan (SECP) on Wednesday approved the establishment of a Corporate Intelligence Unit (CIU) to proactively identify registered companies suspected of operating Ponzi or pyramid schemes, taking deposits or lending without the required licence, or conducting business beyond their approved objectives. The unit will monitor publicly available information, including news reports, social media and digital advertisements, to identify potential violations before complaints are received, said a news release.Verified leads will be referred to the relevant SECP departments for inquiry or enforcement action.Read More

Ansar M Bhatti ISLAMABAD, OCT 14 /DNA/ – President Asif Ali Zardari on Wednesday received the credentials of the newly appointed ambassadors of France and Saudi Arabia during separate ceremonies held at Aiwan-e-Sadr in Islamabad. The President welcomed Jean-Noël Poirier, Ambassador-designate of France, and Dr. Rajeh Tami Albugamy, Ambassador-designate of Saudi Arabia, and congratulated them on their appointments. He expressed confidence that both diplomats would play an important role in further strengthening Pakistan’s relations with their respective countries and expanding cooperation in areas of mutual interest. During his meeting withRead More

39th PSDE Conference Opens at PIDE with Focus on Turning the $100 Billion Export Ambition into Action ISLAMABAD, OCT 14 /DNA/ – Federal Minister for Planning, Development and Special Initiatives and Chancellor of PIDE, Prof. Ahsan Iqbal (NI), called for a globally competitive, export-driven economy to overcome Pakistan’s recurring balance-of-payments crises and strengthen economic sovereignty. Inaugurating the 39th International Conference and Annual General Meeting of the Pakistan Society of Development Economists (PSDE) at PIDE, he said sustained prosperity requires expanding the country’s capacity to earn foreign exchange. The conference isRead More