Archive for June 2018

Afghan forces free 100 prisoners from Taliban jail

Monitoring Desk LASHKARGAH: Afghan commando forces freed more than 100 prisoners from Taliban jails in the Kajaki district, Helmand, they said. The ANA commandoes raided two Taliban jails in Sur Karez and Deh Baba aeas of Kajaki district and freed 103 hostages including five women and two children from the jails, said Abdul Qadar Bahadarzoi,…

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Abdullah, Khanna confer on security cooperation

Monitoring Desk KABUL: Chief Executive Officer (CEO) Dr. Abdullah and visiting Indian Deputy National Security Advisor (NSA) Rajinder Khanna have discussed security and regional situation. The CEO office said on Thursday Abdullah hailed India’s assistance to Afghanistan and praised relations between the two countries as strong and based on shared cultural values. Khanna assured closer…

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Govt forces retake Dasht Kala district centre from Taliban

Monitoring Desk KUNDUZ: Afghan officials claimed that Taliban suffered defeat at all fronts in the recent clashes in Dasht Kala and Khwaja Bahuddin districts of northeastern Takhar province. The Taliban fighters overrun the Dasht Kala district and conducted attacks in Khwaja Bahuddin district but retreated after making some advancement at both the fronts. Asmatullah Qurbani,…

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1,000 Afghan returnees given carpet-weaving tools

Monitoring Desk JALALABAD: The Ministry of Rural Rehabilitation and Development (MRRD) on Thursday distributed carpet-weaving equipment to 1,000 Afghans who recently returned from Pakistan to eastern Nangarhar province. The tools were distributed to carpet-weavers at a special ceremony at the governor’s house in Jalalabad. Besides Governor Hayatullah Hayat, a number other officials attended the event.…

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PMEX index closes at 3,503 points

F.P. Report KARACHI: Pakistan Mercantile Exchange Limited’s commodity Index on Wednesday closed at 3,503 points; with traded value of metals, energy and COTS/FX recorded at 5.790 billion. The number of lots traded was 9,613, said PMEX release on Thursday. (The data is compiled and released after 24 hours). Major business was contributed by currencies through…

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Nearly 8m foreigners visit Turkey in Jan-April

Monitoring Desk ANKARA: Nearly 7.8 million foreigners visited Turkey in the first four months of 2018, the Culture and Tourism Ministry announced on Thursday. The ministry said that the figure rose by 32.55 percent on a yearly basis, up from 5.87 million in January-April last year. Istanbul, Turkey’s largest city by population and one of…

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Eurozone inflation leaps to 1.9% in May: Eurostat

Monitoring Desk BRUSSELS: Inflation in the eurozone leaped to the ECB’s target in May, data showed on Thursday, fuelled by a huge increase in oil prices as the US decided to pull out of a nuclear deal with Iran. The EU’s statistics authority, Eurostat, said inflation in the eurozone jumped to 1.9 percent in May,…

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EU cigarette production down in 2016

Monitoring Desk ANKARA: Cigarette production in the European Union dropped by 36 billion items to 527 billion in 2016, Eurostat said on Thursday. Production is therefore down a third, or almost 300 billion cigarettes, from 2006, the report stressed. The report said: “In 2016, the EU’s production was equivalent to more than 1,000 cigarettes, or…

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ABL asset management launches ABL Islamic asset allocation fund

F.P. Report KARACHI: ABL Asset Management is pleased to announce the launch of ABL Islamic Asset Allocation Fund (ABLIAAF), an open-end Shariah Compliant Asset Allocation Scheme. ABLIAAF provides an ideal opportunity for investors to generate competitive returns through a mix of Shariah Compliant fixed income and equity investments. The fund is now open for subscription.…

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How will US withdrawal from nuclear deal affect Iran?

Selim Celal On May 8, 2018, the US withdrew from the Joint Comprehensive Plan of Action (JCPOA), which had been signed in 2015 between Iran and P5+1 group of world powers — the US, the UK, France, China, Russia, and Germany. According to the pact, the Islamic Republic agreed to freeze its nuclear activities till…

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