By Staff Reporter
ISLAMABAD: Former prime minister Imran Khan, who faces charges of leaking state secrets, asked a special court on Monday to summon the US embassy representative and a retired army general as witnesses in his defense.
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Pakistan faces delay in accessing $700 million tranche amid busy IMF board schedule
By Staff Reporter
ISLAMABAD: Pakistan is waiting for the International Monetary Fund (IMF) to approve the first review of its $3 billion Standby Arrangement (SBA) and release the second tranche of $700 million, but the IMF’s executive board is unlikely to take up the case until mid-December.
Gunmen kill eight in bus attack in northern Pakistan
By Staff Reporter
ISLAMABAD: Gunmen opened fire on a bus traveling on a mountainous highway in northern Pakistan on Saturday evening, killing at least eight people, including two soldiers and a police officer, and injuring 22 others, officials said.
PTI elects new chairman, rivals cry foul
By Staff Reporter
ISLAMABAD: The Pakistan Tehreek-i-Insaaf (PTI), led by former prime minister Imran Khan, elected a new chairman on Saturday in a controversial intra-party election that was challenged by its opponents and some of its founding members.
Pakistan awards six exploration blocks, four get no bids
By Staff Reporter
ISLAMABAD: The government awarded six onshore oil and gas exploration blocks to local and foreign companies on Friday, but four other blocks received no bids despite an extension of the deadline, the Petroleum Division said.
Exports rise for third month, trade gap narrows
By Staff Reporter
ISLAMABAD: Exports rose for a third straight month in November, signaling a recovery in external demand while the trade deficit also narrowed as imports fell more than exports, official data showed on Friday.
Gas prices push inflation to 29.2pc in November
By Staff Reporter
ISLAMABAD: The consumer price inflation rate jumped to 29.2 percent in November, as a steep hike in gas prices fuelled the housing and utility costs, official data showed on Friday.
PC picks JLL to advise on Roosevelt Hotel sale
By Staff Reporter
ISLAMABAD: Pakistan has hired a consortium led by Jones Lang LaSalle Americas Inc. (JLL) as the financial adviser for the sale and joint venture development of the Roosevelt Hotel in New York, USA, the Privatisation Commission Board said on Friday.
PTI founder challenges party’s internal elections, may seek ECP intervention
By Staff Reporter
ISLAMABAD – – A founding member of Pakistan Tehreek-e-Insaf (PTI) on Friday expressed doubts about the party’s internal elections, which are scheduled to take place on Sunday, and hinted that he might raise the issue with the Election Commission of Pakistan (ECP).
Imran Khan, wife face graft charges over land deal with tycoon Malik Riaz
By Staff Reporter
ISLAMABAD: The anti-corruption watchdog on Friday filed charges against former prime minister Imran Khan and seven others, accusing them of receiving billions of rupees and vast tracts of land from a real estate developer in exchange for legalising funds that were returned by the UK in a money laundering case.