Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Taliban refute holding talks with Afghan govt Kabul: (Wednesday, February 01, 2012) The Taliban militia in Afghanistan today denied the news about holding talks with Afghan President Hamid Karzai in Saudi Arabia. Refuting the sources claiming the grounds were set for the negotiations, Taliban stated through their website, “There is no truth in these published […]
Saudi Arabia agrees to provide soft loan of US $ 172 million to Pakistan Islamabad: (Thursday, December 29, 2011) in a rare agreement, Saudi Arabia has agreed to provide Pakistan with a soft loan of US $ 172 million. While signing the loan agreement today, it was disclosed that the money provided by Saudi Development […]
Enough is Enough Yousaf Raza Gilani’s speech should be taken as better late than never, instead of too late the hero. The essence of the premier’s address is that lessons of democracy, whether be it in the Eastern Wing of the erstwhile Pakistan or the Western Wing, which is present day Pakistan, will have to […]
30 years old Paris Hilton, Granddaughter of Hilton Hotels owner Conrad Hilton has lived a life that everyone covets. A socialite, an actress, a singer, a model and business woman, Paris has got so much exposure until this age, that even if I live for another 200 years, I don’t think I can ever get […]
National Assembly Standing Committee on Defence asks the government to review regularisation of PIA employees The National Assembly Standing Committee on Defence has termed the regularisation of Pakistan International Airlines (PIA) employees, working on daily wages, an additional burden on the corporation, saying the government should review the matter. A meeting of the NA body […]
Islamic Banking Global Scenario – Final Part Previously we discussed the situation of Islamic banking and financial institutions in Bahrain and Malaysia. Moreover, Islamic banks have also built a strong presence in Malaysia, where Standard & Poor’s assigned a BBB+ rating to the $600 million Sharia-compliant trust certificates (called sukuk) issued by Malaysia Global Sukuk […]
Yemeni President Ali Abdullah Saleh leaves the Throne after 3 decades in power The striking news has hit the block that Yemeni President Ali Abdullah Saleh has decided to shift the power to Vice President Abdo Rabu Mansour Hadi in next 30 days. Saleh paid visit to the city of Riyadh in Saudi Arabia on […]
Corruption, stereotyping and the unsung heroes of Pakistan There was this joke I once heard of a delegate who had come from Saudi Arabia to visit Pakistan. Upon his return to his homeland the people asked him what he had seen on his trip, to which he replied, ‘I have seen a miracle of God’. […]
Major shareholder abandons Hubco; 140 million shares sold for $60 million The rumours finally materialised last week when Xenel industries of Saudi Arabia actually sold out its entire holding in the Hub Power Company, Pakistan’s Largest Independent Power Plant, to quit its investment from Pakistan. Xenel sold its 140 million shares in Hubco for $60 […]
United States fear for more intensive plans of assassinations by Iran United States authorities have claimed that the Iran’s Quds Force is gradually increasing its activities in on a global scale. Especially after last week’s unpleasant blame by U.S. officials the Iran has strengthened up its stance to defend its lines. Last week U.S. revealed […]
Is the major shareholder in Hubco about to offload all of its holding? In the exacerbating electric power supply conditions throughout the country, another major blow is about to hit the power generation sector. Xenal Industries of Saudi Arabia, the group which hold 140 million shares in Hubco (Hub Power Company), is expected to withdraw […]
