Saudi King Salman bin Abdulaziz appointed Ahmad bin Abdelaziz Al-Fares as head of the Grain Silos and Flour Mills Organisation (GSFMO) on Wednesday, state news agency SPA reported, citing a royal decree. Fares replaces Abdulrahman bin Saleh Al-Ruwatie, wh

Magellan Midstream Partners LP , one of the ten largest US oil pipeline companies, is considering opening an oil trading operation for the first time to enter a business that generates hundreds of millions of dollars a year for some of its rivals. Magella

Commodities experienced a volatile week, as traders eyed the oil supply glut, the dollar and intensifying concerns that Greece could default and crash out from the eurozone. The EU has called an emergency eurozone summit in Brussels for Monday, seeking to

On the directives of Ministry of Water & Power, a Special Federal Complaint Cell has been established at Pesco Head Quarters where a team of senior engineers has been appointed to monitor the electricity provision system and to cope up with any emergency

Ferozabad police conducted an operation on Saturday and arrested a policeman involved in robbery. According to police sources, policeman, Tariq Hussain, was apprehended as he was robbing citizens. Police sources said the arrested cop had already been susp

Chairman Qaumi Watan Party (QWP), Aftab Ahmad Khan Sherpao slammed the excessive power outages in various parts of Khyber Pakhtunkhwa and called upon the government to take steps for minimizing of electricity loadshedding hours, and ending deprivation amo

Power consumers have perturbed due to continuous unscheduled electricity loadshedding in various localities of Peshawar, particularly during sehr, and iftar timings. Faithfuls were being experienced with immense problems due to unannounced and unscheduled

The IHH Humanitarian Relief Foundation, Turkey has planned to expand their activities for welfare of orphans, destitute and affectees of different disasters and calamities in Khyber Pakhtunkhwa. They laid the foundation of their orphanage centre in Haripu

Al-Qaeda has revealed that an American and an Italian hostage that were killed in a covert US counter-terrorism operation on the Afghan-Pakistan border in January this year were converted to Islam. The White House confirmed that US contractor Warren Weins

Pakistan Peoples' Party (PPP) Parliamentary Leader in the Senate of Pakistan Senator Saeed Ghani, while severely lambasting the federal government of the PML-N for failing to end or at least reduce the duration of unannounced and prolonged blackouts all o

Chief of Pakistan Tehreek-e-Insaf (PTI) Imran Khan on Saturday declared the unscheduled loadshedding in the country as deplorable and alleged federal government of supporting electricity thieves instead of nabbing them. In a statement issued from Islamaba

Pakistan Tehreek-e-Insaf (PTI) Punjab Organizer Chaudhary Muhammad Sarwar said the rulers should seek an apology from the nation over their complete failure in resolving the burning issues faced by the common man including electricity loadshedding and pri

Pakistan Muslim League (PML) senior central leader and former chief minister Punjab Chaudhry Parvez Elahi has said the government has broken all previous record of loadshedding after giving the faithful good news of no loadshedding at Sehr and Iftar time,

The Institute of Management Sciences (IMSciences), Peshawar won Rs 21.93 million as contribution of Financial Innovation Challenge Fund (FICF) Round on "Promoting Excellence in Islamic Finance," according to a press release issued here on Saturday. The re

Worst power load shedding of over 18 hours is making the lives of the residents of Swat miserable as dozens of power transformers in Mingora city and adjacent areas went out of order. The situation has forced the residents of Shagai to protest. The reside

The incidence of different kinds of crimes has witnessed a sharp increase in the city despite tall claims of strict security arrangements made by police, as the various city police stations have registered 10 cases of robberies and six cases of auto theft

The construction work on establishment of tourist resort, chairlift and skiing facility at scenic Malam Jabba in Swat, is in full swing, due to practical measures of Khyber Pakhtunkhwa Board of Investment and Trade and Tourism Corporation Khyber Pakhtunkh

DCO Lahore visited Ramazan Bazaars of China Scheme and Begum Kot and checked quantity and quality of essential commodities. He also went on stalls of diverse essential items and showed his satisfaction on arrangements. He said there was no shortage of any

"The Punjab government is taking all out steps to provide quality daily use items to the masses on cheaper rates. Providing relief to the common man during the sacred month of Ramazan is the foremost objective of the government," claimed Punjab Food and A

Punjab Chief Minister Muhammad Shahbaz Sharif has said that like previous years, Punjab government has also given Ramazan package of billions of rupees for providing essential items to the people at cheaper rates during Ramazan-ul-Mubarik this year, under

A man on Saturday killed his two daughters and injured wife in Mozah Dhallanwali near Aimanabad after his uncle turned him against his wife for allegedly practicing witchcraft. According to police sources, a factory worker Shafqat killed 7-month-old Haram

The Punjab govt has planned to execute 11 on-going and three new schemes during the financial year 2015-16 for which an allocation of Rs 600 million has been made in the budget. Sources in the provincial Fisheries Department told the Business Recorder