UNITED NATIONS: Talks on shoring up the global anti-nuclear arms treaty were on the edge of failure on Friday as the United States and its allies clashed with Egypt over a push to pressure Israel to scrap any atom bombs it has. For a month the 189 signatories ...

Gold price witnessed bullish trend in local and international gold markets on Saturday. Gold prices crossed Rs 38,000 per tola. Gold prices increased to Rs 38,250 per tola, up by Rs 750 whereas the price of 10 grams increased to Rs 32,785, up by Rs 643. [caption ...

Former prime minister Shaukat Aziz took a wrong decision by exporting wheat on false assumption of a bumper crop in 2007 and that caused a loss of Rs25.8 billion to the national exchequer, said a top official on Wednesday. Secretary Ministry of Food and Agriculture, ...

Key indices at the Karachi Stock Market saw record losses of the year in the past few days. Losing almost 200 points on Monday, the Karachi Stock Market100 lost another 326 points on Tuesday. The Index is currently at around 9,360 points with Lotte Pakistan, Jahangir Siddiqi and TRG ...

CAIRO: Pakistani Foreign Minister Shah Mehmood Qureshi said on Sunday that his country plans to boost trade with Egypt, during a visit to Cairo where he met with President Hosni Mubarak. Qureshi, who was accompanied on his trip by several ministers and a large delegation of businessmen, praised ...

More than 38 major businesses and NGOs in Pakistan have been hit by the nationwide ban on popular social networking website Facebook. Companies like uFone, Mobilink, Zong, DELL Pakistan and Pepsi Pakistan that have active Facebook pages with the number of members lying between 10,000 to ...

ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) called off their countrywide strike after meeting with Textile Minister. A delegation of APTMA headed by Punjab Chairman Gohar Ijaz met with Federal Minister Rana Farooq Ahmad Khan. In a media briefing after the meeting, federal minister said that ...

Faysal Bank won a bid for Royal Bank of Scotland’s Pakistan operations, a source said on Thursday, allowing its Bahrain-based parent Ithmaar to expand its retail presence in the area. Faysal Bank, which is 68 percent owned by Ithmaar, beat Egyptian bank EFG-Hermes for the deal, the source ...

The federal government has excluded Pakistan Steel Mills from the privatization list. The decision was taken at a meeting held under the chairmanship of Federal Minister for Industries, Mir Hazar Khan Bijarani on Thursday in Islamabad. The ministry is preparing a summary for the prime minister’s approval on ...

The All Pakistan Textile Mills Association (APTMA) continued its strike for a second day on Wednesday. The call for a two-day strike was given by the APTMA to protest against the imposition of 15 per cent regulatory duty on yarn exports as it has demanded for ...