Saturday, June 24, 2017

France provides Rs.11.5 Billion CFA to Pakistan for its Sustainable Energy Sector Reform Program

ISLAMABAD: Chargé d'Affaire a.i. Embassy of France René CONSOLO (L) and Secretary Economic Affairs Division (EAD) Tariq Mahmood Pasha seen exchanging documents after signing loan agreement here today (Thursday 22nd June).
M. M. ALAM ISLAMABAD: Assisting Pakistan continue its Sustainable Energy Sector Reform Program, France is providing €100 Credit Facility Agreement (CFA) to Pakistan. In this connection €100million

PSX: Panama Papers uncertainty and -ve economic data drags bourse down!

SANA MAHMOOD KARACHI: A number of factors contributed towards dragging the bourse deep in the red on the second trading day (20 June). The benchmark KSE-100 Index shed 1,679 points due to a number of

PARIS AIR SHOW: Lockheed Martin and Tata to build F-16 in India

TEXT & PHOTOS (snapped by M. M. ALAM at Le Salon International de l’Aéronautique et de l’Espace SIAE) BY M. M. ALAM PARIS: Indian Tata Advanced Systems Ltd. and American global aerospace,

Bears capitalized on early strength, selling the market down: Bourse

SANA MAHMOOD KARACHI: Today while Market was in the green, bears sneaked in. They quickly capitalized early strength and sold the market down 0.57% from 47k to 46,593 points at the end of the session. Pundits

PSX led by Banking, Communication and Power Sectors close in the Red!

SANA MAHMOOD KARACHI: Bourse experienced the year’s lowest drop today when the benchmark KSE-Index slipped 1.23% shedding 584 points to close at 46,858 points following day’s high 47,527 and low at

Balochistan govt unveils Budget 2017-18 with total outlay of Rs328 billion

QUETTA: Adviser to the Chief Minister Balochistan on Finance Sardar Aslam Bizenjo today presented the fifth budget for the fiscal year 2017-18 with a total outlay of Rs328.67 billion in the Balochistan

US, Qatar sign $12 billion deal for F-15 fighter jets amid Arab rift

DOHA: The United States and Qatar have inked an agreement for a $12-billion sale of US-manufactured F-15 fighters, days after Trump showed his support to the Saudi Arabia in Qatar isolation. According

Shanghai Electric withdraws offer to buy 66.4% stakes of K-Electric

ISLAMABAD: Chinese power company Shanghai Electric Power Company has withdrawn an offer to buy 66.4% stakes of Pakistan’s K-Electric Limited after the power utility’s key shareholder failed to secure

Bourse closes in the Green: Index climbs 0.84 percent!

SANA MAHMOOD KARACHI: Bullish, though not sustained, trend was observed with cement, engineering and banking sectors leading today’s activities facilitating the index touch 48,071 points. Savants at

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