One Homes brings Mandarin Oriental Designers to feature in Capital’s leading resort
US approves F-16 equipment sale to Pakistan
— Proposed deal to support US foreign policy, national security objectives, says Defence Security Cooperation Agency WASHINGTON: The US State Department has approved the potential sale of F-16 aircraft sustainment and related equipment to Pakistan in a deal valued at up to $450 million, the Pentagon said on Wednesday. The principal contractor will be Lockheed Martin Corp (LMT.N), the Pentagon …
IHC decides to indict Imran Khan in contempt case on September 22
ISLAMABAD: The Islamabad High Court (IHC) on Thursday decided to indict former prime minister and Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan in a contempt case on September 22, terming his supplementary reply in the case “dissatisfactory”. The IHC larger bench led by Chief Justice Athar Minallah and comprising Justice Miangul Hassan Aurangzeb, Justice Mohsin Akhtar Kayani, Justice Tariq Mahmood Jahangiri …
Chinese, Pakistani journalists vow to counter negative propaganda by western media
ISLAMABAD: Media experts and journalists from China and Pakistan have vowed to carry forward the spirit of steel friendship and to jointly thwart the negative propaganda and fake news by the western media against China and Pakistan. The pledge was made by media professionals from China and Pakistan at the concluding ceremony of an online seminar on “Young Media Professionals for …
ONE Homes partners with UAE’s Ayana Holding for $40-million Islamabad Resort development
Pakistan’s first Resort-Living development tailor-made development is dedicated for overseas Pakistanis
American-Pakistani investors urged to shift their investments to Pakistan for big returns
ISLAMABAD: Ambassador-at-Large on Investment Zeeshaan Shah has urged the American-Pakistani investors to shift their investments to Pakistan for big returns as Pakistan provided lucrative investment opportunities. Zeeshaan Shah made this statement while addressing the American Pakistani investor diaspora in Houston, USA, at an event arranged by the Bank of Punjab in collaboration with Pakistan Chamber of Commerce, in Houston, USA. The …
Flash floods wreak havoc in Kohistan
— 50 Houses swept away by flash floods in Kandia Tehsil KOHISTAN: Flash floods triggered by heavy rains caused massive destruction in the Kandia tehsil of Upper Kohistan on Sunday as at least 50 houses and mini-power stations were washed away, an official said. Tehsildar (revenue officer) Muhammad Riaz told media that around 50 houses were swept away in the …
Twin cities to have first-ever resort-living development
— International developer to launch tailor-made development for overseas Pakistanis ISLAMABAD: As a major boost to the federal government’s efforts to lure foreign direct investment (FDI) in the country, One Homes, a leading international property developer company has acquired a 100,000 square feet piece of prime land in the twin cities for Islamabad and Rawalpindi to become first ever tailor-made resort …
‘Desperate’ Shehbaz asks CEC to punish Imran in funding case
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday urged the Election Commission of Pakistan (ECP) to announce its “long-delayed judgment” in the Pakistan Tehreek-e-Insaf (PTI) prohibited funding case. He claimed that the “impunity given to him has hurt the country.” The case, previously known as the ‘foreign funding case’, was opened in March 2018, while the ECP has reserved its judgment …
Rupee hits all-time low of Rs222 against US dollar
ISLAMABAD: The Pakistani rupee hit an all-time low on Tuesday against the US dollar, reaching Rs222 in the interbank market despite an announcement by the International Monetary Fund (IMF) regarding the resumption of the multi-billion-dollar loan programme. The local currency continued its downward trend today and depreciated further by Rs6.90 against the greenback. The rupee had nosedived Rs4.25, or 1.97%, against …