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PM condemns suicide blast in Dammam ISLAMABAD: Prime Minister Muhammad Nawaz Sharif has strongly condemned the suicide blast in Dammam, Saudi Arabia on Friday.The Prime Minister deplored the loss of lives and prayed for early recovery of injured. He also extended condolences to the government of Saudi Arabia on this human tragedy. Copyright APP (Associated Press of Pakistan), 2015

One killed, two injured in firing incidents KARACHI: A man was killed in a firing incident while two others seriously injured including a constable during exchange of firing with dacoits here on Friday.Rescue sources said a 37-years-old man was killed in firing of unknown armed men in Peela School area of New Karachi. The body was taken to Abbasi Shaheed Hospital. 40-years old cop Faiz Muhammad got bullet injuries while exchanging gunfire with dacoits at Memon Goth in Malir. He was rushed ...

‘We cannot be oblivious to threats to our sovereignty, national security’: Naval Chief ISLAMABAD: Chief of Naval Staff, Admiral Muhammad Zakaullah said on Friday, "As hegemonic and domineering mindset solidifies in our neighborhood, we cannot be oblivious to threats to our sovereignty and national security."Addressing at the Convocation ceremony of 44th Pakistan Navy Staff Course held at Pakistan Navy War College, Lahore, he emphasized the significance of maritime domain, rapidly changing regional and international dynamics have put a heavy responsibility on us to remain relevant and effective both ...

Weekly inflation increases by 0.29pc ISLAMABAD: The weekly inflation for the week ended on May 28 for the lowest income group up to Rs 8,000 registered an increases of 0.29 percent as compared to the previous week.The Sensitive Price Indicator (SPI) for the week under review in the above mentioned group was recorded at 203.98 points against 203.39 points registered in the previous week, according to data of Pakistan Bureau of Statistics (PBS).The weekly SPI has been computed with base ...

43 shopkeepers fined, goods confiscated RAWALPINDI: Town Municipal Administration (TMA), Rawal Town under its anti-encroachment operation on Friday imposed fines on 43 shopkeepers while goods of 52 shopkeepers were confiscated from various areas of city.The anti-encroachment operation was launched under the special directives of administrator Rawal Town Imran Qureshi.Town Officer Regulation (TOR)Malik Tauseef , Enforcement Superintendent, Inspectors along with the staff concerned conducted raids at several roads including Liaquat Road, Iqbal Road, College road, Sadiqabad, Commercial Market and Raja Bazaar.According ...

Consensus on CPEC great political achievement PESHAWAR: Member Provincial Assembly, Akbar Hayat Khan on Friday said that evolving a broad based political consensus on China-Pakistan Economic Corridor Project (CPEC) project at All Parties Conference (APC) was a great achievement of the present elected government.In a statement here, the PML-N leader said credit for this goes to Prime Minister Nawaz Sharif and his team for evolving a broad based political consensus and removing the concerns of opposition parties on this great project.He ...

Pakistan, neighbours should learn from EU to live in peace: Qadir Baloch ISLAMABAD: Minister for States and Frontier Regions (SAFRON), Lt Gen (R) Abdul Qadir Baloch on Thursday said that Pakistan and its neighbours should learn from the experience of European Union to live in peace with one another.He was speaking as chief guest at a reception hosted by acting Head of the delegation of the European Union, Stefano Gatto and Mrs Maria Isabel de Aracil to mark the European Day here at a local hotel.The Minister ...


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 28, 2015
Reserves $17.494 bln