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IS executes two for alleged cooperation with Iraq forces KIRKUK: Gunmen from the Islamic State militant group on Friday publicly executed two young men for allegedly cooperating with Iraqi security forces, officials and witnesses said.The killings were carried out in the middle of the crowded main market in the Zab area of Kirkuk province.The IS militant group spearheaded a sweeping militant offensive in June that overran large parts of the country, including territory in Kirkuk.Iraqi security forces and pro-government fighters are battling to regain ground with backing from a US-led air campaign and have retaken some areas, but three key cities are still in the hands of the militants.IS, which also controls swathes of neighbouring Syria, has committed widespread atrocities in both countries, including hundreds of executions.Copyright AFP (Agence France-Presse), 2014 ...

Russia's Lavrov urges compromise in Iran talks MOSCOW: Russian Foreign Minister Sergei Lavrov said Friday that political will was needed to reach agreement in talks on Iran's nuclear programme in Vienna, but hoped common sense would prevail and a compromise would be found."We are sticking to our evaluation that all the elements of an agreement are already on the table and the task of diplomats now is to correctly put together a package and show political will," Lavrov told journalists in Moscow ...
President for enhancing energy, security ties with Tajikistan: President ISLAMABAD: President Mamnoon Hussain on Friday said there exists a vast potential to strengthen relations with Tajikistan in various sectors mainly energy and security cooperation.Talking to Foreign Minister of Tajikistan Aslov Sirodjidin Muhridinovich at the Aiwan-e-Sadr, the President said Pakistan greatly values its friendship with Tajikistan and is keen to further strengthen the existing relationship.The President called for education and cultural collaboration, and further enhancing people-to-people contacts with Tajikistan.Pak-Tajikistan bilateral relations existing cooperation in various ...
Textile exports up 6.51pc in Oct ISLAMABAD: The textile exports from the country witnessed an increase of 6.51 percent during October 2014 as compared to the corresponding period of last year.The exports during the period July-October 2014-15, however registered a decrease of 1.54 percent during the four months (July-October) of fiscal year 2014-15 as compared to the same period of last year.The overall textile exports from the country during July-October (2014-15) were recorded at $4.595 billion compared to the exports of ...
World's ultra-rich getting much richer WASHINGTON: A bare 0.004 percent of the world's adult population controls nearly $30 trillion in assets, 13 percent of the world's total wealth, according to a new study released Thursday.And perhaps unsurprisingly, the study by the Swiss bank UBS and luxury industry consultant Wealth-X said the concentration of money in the hands of the ultra-rich is growing.The report said 211,275 people qualify as "ultra-high net worth" (UHNW) -- those with assets above $30 million. Of ...
RECORDER REPORT: KSE mid day update KARACHI: On Friday, until mid day, KSE-100 Index was at 31465.36 with a positive change of 226.32 and volume of 54,708,080 shares.High and Low were 31503.28 and 31239.04 respectively. Total volume traded in the market was 85,766,520 shares with 299 total traded companies out of which 214 were up, 75 were down and 10 were unchanged.Financial Services was the top traded sector with total traded volume of 20,833,500 shares. It was followed by Construction and ...


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Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln