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LAHORE: Awais Sheikh, lawyer of Indian terrorist Sarabjit Singh, was recovered in injured condition near Sheikhupura, three days after he was abducted along with his son.Police said that torture signs were found on the lawyer’s body when he was recovered by the police on Sheikhupura bypass, 30 kilometers from Lahore.Officials said that there were four kidnappers who kidnapped the lawyer from his home and later abandoned him on the highway, adding that Sheikh’s son, Shahrukh, is still in captivity.Sarabjit Singh had died a few days back in Lahore’s Jinnah Hospital where he was under treatment after being beaten up by fellow inmates in Kot Lakhpat Jail. The Indian terrorist was sentenced to death for bomb blast in Pakistan which left many Pakistanis dead 23 years ago.Earlier, family members told a private TV channel that Awais Sheikh and his son were kidnapped from a village in Lahore near Indian border.Sheikh’s brother ...
KUALA LUMPUR/SYDNEY: The Islamic Development Bank (IDB), a Jeddah-based multilateral institution, has called for the creation of a global sharia advisory board that can offer greater uniformity for the Islamic finance industry, its president said on Thursday.A centralised format to the supervision of sharia-compliant banking products is gaining favour across the globe, as regulators seek to standardise industry practices and improve consumer perceptions."IDB and IFSB (Islamic Financial Services Board) should study ways for creating globally ...
KUWAIT CITY: Kuwait Airways Co. signed a deal with Airbus to buy 15 A320neo and 10 A350-900 planes with options for 10 more, five from each category, chairman Sami al-Nasef said on Thursday."We have signed a letter of acceptance with Airbus to buy 15 A320neo and 10 A350-900," Nasef told a news conference, adding that KAC has an option to buy five additional planes from each category.Delivery of the A320neo will start in 2019 while ...
HONG KONG: Asian shares were mixed on Thursday despite another record US stocks close and fresh data that showed Japan's economy grew faster than expected in the quarter to March.Tokyo fell 0.39 percent, or 58.79 points, to 15,037.24, Sydney dropped 0.50 percent, or 26 points, to 5,165.7, while Seoul rose 0.79 percent, or 15.55 points, to 1,986.81.In Hong Kong, shares climbed 0.17 percent, or 38.44 points, to 23,082.68 while Shanghai gained 1.21 percent, or 27.01 ...
HONG KONG: Hong Kong shares finished 0.17 percent higher on Thursday after Wall Street brushed off gloomy data from the eurozone to hit another record high.The benchmark Hang Seng Index added 38.44 points to 23,082.68 on turnover of HK$60.80 billion ($7.83 billion)."The market remains in a consolidation phase. Whether it can break out the consolidation range around 23,000 next week hinges on China stocks," said Jackson Wong, vice president at Tanrich Securities.Tencent, China's largest listed ...
BEIJING: A senior Chinese official said Thursday that inclusion of Pakistan in Chinese Premier Li Keqiang first foreign visit speaks of the importance China attaches to its multi-faceted relations with Islamabad."Premier Li Keqiang has chosen Pakistan as country on his first overseas visit. It shows the importance that the Chiense government attaches to its relations with Pakistan", said Vice-Foreigh Minister Song Tao here.Briefing the media on Premier Li four countries visist from May 19-27 that ...More Articles...
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