Archive for July 2017

Dozens rally in Kabul against Iran’s president

KABUL (Pajhwok): Dozens of people staged a protest demonstration in Kabul against Iranian president Hassan Rouhani’s recent remarks about dams’ construction in Afghanistan. President Rouhani has voiced concern at the Afghan government’s plans to build more dams on the country’s rivers for agriculture development and electricity production. Rouhani, during an international conference last week in…

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India holds naval exercises with US, Japan

NEW DELHI (AFP): India began holding naval exercises with the United States and Japan off its south coast on Monday, seeking to forge closer military ties to counter growing Chinese influence in the region. The exercises come as Indian and Chinese troops face off in a remote and strategically sensitive part of the Himalayas where…

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Gilani expresses concern over Pak, India tension on LoC

SRINAGAR (Online): Chairman of All Parties Hurriyat Conference, Syed Ali Gilani, has expressed serious concern over the increasing tension between Pakistan and India on the Line of Control. According to KMS, Syed Ali Gilani in a statement issued in Srinagar said that the tension between Pakistan and India could lead to a war between the…

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SBP sets rules for banks wanting to be fully sharia compliant

KARACHI (PPI): Pakistan’s central bank has issued guidelines covering how banks that want to be fully-fledged sharia compliant can achieve that status, setting a three-year time frame for applicants to complete the process. The rules aim to accelerate the growth of Islamic banking in the Muslim-majority country. The sector enjoys double-digit growth but lags conventional…

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Bullish trend witnessed at Pakistan Stock Exchange

KARACHI (PPI): The bench mark KSE-100 index of the Pakistan Stock Exchange witnessed a bullish trend on Monday. The KSE-100 index experienced a gain of 2.33% or 1,051.66 points to close the trading day at 46,273.81. Over 120 million shares were traded during Monday’s session with a total value exceeding Rs 10.1 billion.

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Qatar Petroleum and Total to launch joint venture

DOHA (AFP): State-owned Qatar Petroleum and French energy giant Total will formally launch a 25-year joint venture to develop the Al Shaheen oil field this week, the companies said Monday. The North Oil Company, to be launched on Tuesday, will be made up of a 70 percent stake from QP and a 30 percent stake…

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Jay-Z extends return to music with tour plan

NEW YORK (AFP): Rap mogul Jay-Z on Monday announced a tour across North America, extending his return to music after releasing an introspective and widely acclaimed album. Jay-Z, who has devoted the past several years to business projects, will open the tour October 27 in Anaheim, California, and play a total of 31 dates across…

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Mahira Khan dedicates international award to Pakistan

KARACHI (Web Desk): Pakistani actress Mahira Khan made the country proud after she won two awards at the 8th Beirut International Awards Festival (BIAF) held on Sunday night. Speaking exclusively to Geo.tv, the actress said, “When you get awarded internationally you feel like your country is getting awarded. You are there because of the love…

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‘Namaste London’ sequel: Akshay Kumar out, Arjun Kapoor in

NEW DELI (Web Desk): The 2007-hit ‘Namaste London’ is set for a sequel, but this film will differ vastly from its predecessor. The massive success of the movie compelled director Vipul Shah to initiate the project ‘Namaste England’. The sequel will have a new cast, with veteran actor Akshay Kumar replaced by newcomer Arjun Kapoor;…

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