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Shipping activity at Port Qasim KARACHI: Four ships C.V Nijran, C.V Maersk Kinston, M T Akaki Bunga and M.T Alamonda carrying containers, furnace oil and palm oil were berthed at Qasim International Container Terminal, FOTCO Oil Terminal and Liquid Cargo Terminal respectively at Port Qasim on Tuesday, 06th August. Meanwhile on oil tanker 'Lahore' also arrived at outer anchorage of Port Qasim during the last 24 hours.Berth occupancy was observed at the Port at fifty percent on Tuesday where seven ships namely C.V Nijran, C.V Maersk Kinston, C.V Nysted Maersk, M.V Beacon-SW, M.V Elini-D, M.T Akaki Bunga and M.T Alamanda are currently occupying berths to load / offload containers, wheat, urea, furnace oil and palm oil respectively during last 24 hours.Cargo throughput during last 24 hours stood at 100,927 tonnes comprises 66,385 tonnes imports and 34,542 tonnes exoorts inclusive containerized cargo carried in 3,237 containers (TEUs) ( 1,419 imports and 1,818 exports TEUs) were handled ...

Al Qaeda in Pakistan, Afghanistan on path to defeat: US WASHINGTON: The United States has said that core of al Qaeda in Afghanistan and Pakistan is on the path to defeat.State Department spokeswoman Jen Psaki while briefing newsmen in Washington Tuesday said that the US has made a great deal of success against al Qaeda core in Afghanistan and Pakistan and we have taken a number of steps to really decimate that group’s leadership, including, of course, most importantly, Osama bin Laden.The focus, however, had ...

Faisal Mosque: Eid Prayer to be offered at 8:00 am ISLAMABAD: Eid-ul-Fitr prayer will be offered at Faisal Mosque, Islamabad at 08:00 am. Prof. Dr. Tahir Hakeem of Faculty of Shariah and Law, International Islamic University, Islamabad shall deliver Khutaba-e-Eid-ul-Fitr. The citizens are advised to reach the mosque in time. Copyright INP (Independent News Pakistan), 2013

Rail track blown up in Tando Adam TANDO ADAM: Railway track was blown up with explosive device near Khuda Dad Railway Crossing here on Wednesday.According to police sources, some unidentified miscreants planted explosive material with two feet railway track near Khuda Dad Railway Crossing in Tando Adam which went off with big bang, destroying the railway track due to which the train service has been suspended.Soon after the incident heavy contingent of police and bomb disposal squad reached the spot and cordoned ...

PARC, NIGAB join hands to promote olive cultivation in Pakistan ISLAMABAD: The Project “Promotion of Olive Cultivation for Economics Development and Poverty Alleviation” of PARC and National Institute for Genomics and Advanced Biotechnology (NIGAB) signed an agreement here to identify the unknown olive plants available in Pakistan.The agreement was signed by National Project Director (Olive Promotion) Dr. Muhammad Munir and Project Director (NIGAB) Dr. Muhammad Ramzan Khan here at Pakistan Agricultural Research Council (PARC) Headquarters on Wednesday. Chairman PARC Dr. Iftikhar Ahmad, Italian Technical Director ...

Death toll rises to 84 in floods ISLAMABAD: Monsoon rains triggering floods have killed 84 people across Pakistan in the last week and affected more than 80,000 others, officials said Wednesday, warning of further downpours."At least 84 people were killed, 44 were wounded and 81,341 were affected by recent rain and flooding," a senior official in the National Disaster Management Authority (NDMA) told AFP.The official said flood waters and rain had destroyed 2,533 houses throughout the country and that contingency plans remained ...

Police foil big terrorism bid by defusing three bombs in Bannu BANNU: Police on Wednesday foiled a big act of terrorism by defusing three bombs in Miryan area of Bannu.According to police sources, three bombs planted at different places in Miryan area of Bannu district were defused by the bomb disposal squad (BDS). Bombs were recovered from three different places at Miryan. Police said one of the bombs was planted at a school, another at Sardar Yusuf Khan’s Hujra (sitting room) and the third one beside ...


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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 $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln