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Suicide attack in Baghdad kills 24: police BAGHDAD: Bombs blasts killed at least 24 people in one of Baghdad's main Shiite neighbourhoods Saturday when three suicide attackers tried to break through a checkpoint, security officials said."Three suicide bombers tried to cross the checkpoint at Adan Square" in the Kadhimiyah neighbourhood, said Baghdad Operations Command spokesman Saad Maan.The attack took place at around 5:30 pm (1430 GMT) on the square, one of the main access points for the Shiite shrine of Kadhimiyah, which attracts many visitors on Saturdays.Saad Maan said the security forces at the checkpoint engaged the attackers and shot dead one of the bombers by the nearby railway while the other two blew themselves up.A police colonel said one of the explosions was caused by a suicide car bomb.He said at least 24 people were killed and 61 wounded in the attack. A source at the nearby Kadhimiyah hospital and an interior ministry official confirmed the ...

Progress, prosperity of people PML-N agenda: Hamza LAHORE: Central leader of Pakistan Muslim League-N Hamza Shahbaz Sharif Saturday said that progress and prosperity of people was the agenda of PML-N.Addressing an inauguration ceremony of PML-N election office at Icchra here, he said that PML-N leadership was moving forward sincerely towards right direction. He said that people of Pakistan fully know that affiliation of Muhammad Nawaz Sharif, who made the country an atomic power. He said that those doing the politics of chaos ...

Proxy war against Pakistan should come to an end: PM LONDON: Prime Minister Muhammad Nawaz Sharif has emphatically stated that the proxy war against Pakistan from across the border should come to an end. Talking to the media persons in London on Saturday, he said Pakistan has evidence of Indian intelligence agency RAW's involvement in subversive activities in the country which has been shared with the United Nations.He said Pakistan's stance is being heard on this issue at the international level and it will definitely ...

PIA operated 95pc of its flights on time on Saturday: Spokesperson ISLAMABAD: The Chairman, Pakistan International Airlines (PIA), Nasir Jaffer said it is our utmost effort not to delay Hajj flights despite strike of the pilots.Talking to the media persons in Islamabad on Saturday, he said efforts are being made to address the crisis.The Chairman said the passengers are being informed about the status of their flights through the SMS.Meanwhile, the PIA spokesperson said the Airlines operated ninety five percent of its flights on time on ...

Jatoi meets German Ambassador ISLAMABAD: Minister for Industries and Production Ghulam Murtaza Khan Jatoi here on Saturday met with German Ambassador to Pakistan and discussed ways and means to increase bilateral trade and investment.During the meeting, the minister explained role of the Ministry of Industries and Production in detail, said a press release.He informed the envoy through provincial decentralization, the provinces have significant control over their industries.The automobile industry was also discussed in the meeting and the ambassador discussed ...

Imran wants to derail democracy: Saad LAHORE: Minister for Railways Khawaja Saad Rafique on Saturday said Pakistan Tehrik-e-Insaf chief Imran Khan had wasted time of people and wanted to derail democracy through his politics of sit-in.Addressing a press conference at the Lahore Press Club, he said Imran's politics of road-show had damaged the country's economy and delayed the visit of president of China which caused hurdle in the investment of billions of rupees.He said the PTI was trying to pressurise the ...


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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.998 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklySeptember 21, 2015
Reserves $18.726 bln