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Dial *930# for 3G offers on Samsung Galaxy For the first time in Pakistan, Samsung has launched Telenor’s special tariff plans for Galaxy devices. Upon dialing *930# from a Telenor prepaid SIM, the users of a Samsung Galaxy device will receive the option to subscribe to any one of the special bundles being offered through this campaign.Under this special tariff offer; Samsung’s Weekly Package will provide the subscriber with 500 MB of Data, 500 On-net Minutes and 500 SMS for one week, at an attractive price of Rs. 150/ only. Similarly, the Galaxy device users who opt for Samsung’s Monthly Package, will be able to enjoy 1500 MB of Data, 1500 On-net Minutes and 1500 SMS, by paying a mere 375 Rupees.For the Post-paid subscribers too, Samsung has created a valuable offering, to provide them with 1200 Minutes on All Mobile Networks and 1500 MB of Data, along with 1500 SMS. For enjoying this fabulous offer of high ...

French money manager TOBAM raises $2bn in 'smart beta' funds LONDON: Paris-based money manager TOBAM has raised $2.1 billion under its "anti-benchmark" funds in the last three months, it said on Monday, boosting assets under management to $8.7 billion."Anti-benchmark" or smart beta funds, the fastest growing segment of the exchange traded fund market (ETF), weigh holdings by criteria other than market capitalisation and are typically created via algorithms designed to cherry pick winning stocks.They are cheaper to invest in than a typical actively managed fund ...

Swiss manufacturing sector shrinks again in February ZURICH: The downturn in Switzerland's manufacturing sector worsened in February, a monthly survey showed on Monday, although a more stable Swiss franc helped slow the pace of decline after January's sharp fall.The Swiss purchasing managers' index, which gives a snapshot of the health of the manufacturing sector, fell to a seasonally adjusted 47.3 points in February from 48.2 points in the previous month, data showed on Monday. That is below the 50 mark that indicates ...

Deutsche Telekom boss calls for regulatory shift on web companies BARCELONA: Deutsche Telekom Chief Executive Tim Hoettges called for web companies like Google and Facebook to be regulated since they offer communications services much as telecoms operators do. "There is a convergence between over-the-top web companies and classic telcos," he said. "We need one level regulatory environment for us all."Hoettges spoke at Mobile World Congress on Monday where some 90,000 executives and delegates from the industry have gathered.He added that if policy makers wanted telcos ...

French factory activity slows further in February: PMI PARIS:A downturn in France's manufacturing sector worsened in February, a survey showed on Monday, as a sharp decrease in new orders and sluggish demand fuelled more job-cutting.Data compiler Markit's final purchasing managers' index, which includes the services and manufacturing sectors, fell to 47.6 in February from 49.2 in January.That was slightly lower than a preliminary reading of 47.7 and brought the index further below the 50-point line dividing expansions in activity from contraction. "The French ...

Telecom Italia shares climb on Orange deal interest BARCELONA: Telecom Italia shares rose as much as 3 percent on Monday after Orange boss Stephane Richard said a combination with the Italian company would be attractive.A Telecom Italia spokesman said no talks over a deal had occurred. At 0855 GMT, Telecom Italia shares were up 2.4 percent at 1.092 euros. Shares in France's Orange were down 0.3 percent to 16.24 euros.Telecom companies in Europe have been in a deal-making frenzy since 2013 as they ...

Britain's Marks & Spencer to close 5 Shanghai stores LONDON: British retailer Marks & Spencer plans to close five stores in China's greater Shanghai region by August 2015, it said on Monday, following a review of its growth plans in the country.The firm said it would continue to invest in its existing flagship store portfolio with the complete modernisation of its flagship store on West Nanjing Road in Shanghai during the autumn.M&S also stated a firm intent to enter key Chinese cities such as ...


Index Closing Chg%
Arrow DJIA 18,203.37 0.47
Arrow Nasdaq 4,979.90 0.56
Arrow S&P 2,107.78 0.45
Arrow FTSE 6,889.13 0.74
Arrow DAX 11,280.36 1.14
Arrow CAC-40 4,869.25 0.98
Arrow Nikkei 18,815.16 0.06
Arrow H.Seng 24,702.78 0.74
Arrow Sensex 29,593.73 0.46

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln