KARACHI     Pakistanand theUnited Arab Emiratesare to play a charity football match to raise money for the girls' education fund set up by teenage campaigner Malala Yousafzai, who was shot by the Taliban. The 15-year-old, fromPakistan's northwesternSwatValley, came to international ...

ISLAMABAD - Former Supreme Court Bar Association President Asma Jahangir, counsel for two journalists, on Thursday contended that the apex court’s unverified uploading of unaudited accounts sent by the Ministry of Information had in effect defamed the good repute of the petitioning ...

KARACHI - A special scholarship fund has been announced in memory of late Parveen Kassim, the founding Principal of Karachi High School (KHS), said a statement here on Thursday.It said that the students, teachers and educationists from Pakistan, India and the UK shared heartfelt memories and ...

ISLAMABAD - Defying Prime Minister’s direction to release Rs 20 billion to reduce power outages in the country, finance ministry on Wednesday failed to release fund for the power generation resulting in up to 18 hours loadshedding, it has learnt.0 has directed the ministry of Water and Power ...

SPECIAL CORRESPONDENTNEW YORK - A fund set up by Malala Yousafzai, the Pakistani education activist, plans to send 40 girls to school in Swat, her home region, with the support of top Hollywood star Angelina Jolie.Malala, 15, was shot in the head by the Taliban in October in Swat, announced the ...

Defence Minister Syed Naveed Qamar has said that Pakistan has received 1.4 Billion dollars under the Coalition Support Fund.Talking to media here in Islamabad, he said that “We have to receive two billion dollars more. He demanded that the damages caused to Pakistan in the war on terrorism ...

NOORPUR THAL – Some of the development schemes under taken here could not be completed within stipulated time due to paucity of funds and other contributory factors, sources told The Nation. The mega project of Greater Thal Canal (GTC) has been delayed due to paucity of funds, although ...

ISLAMABAD – A major terminal of the Pakistan Railways, Rawalpindi Station, was exposed to the security threats, as the authority could not manage to install Close Circuit Television (CCTV) cameras due to paucity of funds.An official of the ministry told the agency that the government was ...

LAHORE - Lahore Stock Exchange (G) Ltd. (LSE) has approved the application for formal listing and quotation of the units of NAFA Money Market Fund (open-end fund managed by NBP Fullerton Asset Management Ltd.). The Fund will be quoted under “open-end fund” sector of the Ready Board ...

LAHORE - Provincial Minister for Education Mujtaba Shuja-ur-Rehman has said that 35,000 male and female students are benefiting from Punjab Endowment Fund of Rs8 billion while the number of students will reach to 40,000 next year. He said that a monthly scholarship of Rs 200 per student is being ...

ISLAMABAD - In order to pay tribute to Dr Atta ur Rehman’s eminent services as leading scholar and proficient scientist, renaming ceremony of NUST Centre of Virology and Immunology (NCVI) as Atta-ur-Rahman School of Applied Biosciences was held on Tuesday. The renaming ceremony was held ...

Karachi – Adamjee Life Growth fund performance during November saw a positive trend, the per unit NAVs (as of Jan 1st, 2012): were as follows:Investment Secure Fund (S&A)        Bid 102.3909;    Offer 107.7799Investment Multiplier ...

LAHORE (PR) A sum of Rs4,500 deposited on Saturday in the Naw-i-Waqt Relief Fund.FUND FOR STRANDED BANGLADESHI: Muzaffar Mehboob from Samanabad Lahore Rs2,000.FOR KASHMIR RELIEF FUND: Dr N Chaudhry Shadman Lahore Rs2,500.

LAHORE Al Mustafa Welfare Trust (AMWT) has started fund raising campaign for the help of drought victims of East Africa, says a press release. The organisation will collect funds to providing the food items, shelters, medicines, milk and cloths for the affected people. Chairman AMWT Abdul Razzaq ...

LAHORE (PR) A total of Rs 60,000 was donated to Nawa-i-Waqt Relief Fund. The detail is as under: From Danga, Gujrat, Ghulam Abbas donated Rs 10,000. From Lahore, Aamir Ishfaq donated Rs 5,000. FUND FOR STRANDED PAKISTANIS IN BANGLADESH From Danga, Gujrat, Ghulam Abbas donated Rs 10,000. From ...

LAHORE (APP) - Pakistan Railways Administration is unable to control the continuous delay in the train operations even after the release of Rs2 billion by the finance ministry. Divisional Superintendent Lahore Javaid Anwar Boobak told that the amount of Rs2 billion was not sufficient for the ...

KARACHI - Sindh Building Control Authority (SBCA) misused the reserved retirement fund of Rs 10 million and inducted some 200 additional employees without fulfilling the legal formalities, TheNation learnt reliably on Thursday. Reports said that Director General SBCA Manzoor Qadeer Kaka took the ...

OUR STAFF REPORTER LAHORE The Lahore Stock Exchange has approved the application for formal listing and quotation of the Units of Muslim Commercial Bank (MCB) Islamic Income Fund, an Open-end Fund managed by MCB Asset Management Company Limited. The Fund will be quoted under Open-end Fund sector ...

LAHORE (PPI) UBL Fund Managers a wholly owned subsidiary of United Bank Limited (UBL) announced the maturity of its first closed-end mutual fund investment scheme UBL Capital Protected Fund I (UCPF-I) after successfully completing its 3 year tenure. The scheme was launched in 2008 to provide ...

OUR STAFF REPORTER KARACHI - State Bank of Pakistan former Governor Dr Ishrat Husain has said that the high rate on National Savings Schemes (NSS) is not only hindering the growth of the mutual fund industry but also crowding out the private sector. Therefore, the government should control its ...

KARACHI (APP) - The State Bank will soon launch a 10 million UK pounds financial innovation challenge fund to spur innovations in the financial services products and delivery channels in the country, said SBP Deputy Governor Yaseen Anwar on Saturday. He was speaking at the inaugural ceremony of ...

KARACHI - The State Bank of Pakistan has decided to allow third-party fund transfers through Pakistan Real Time Inter-Bank Settlement Mechanism (PRISM) with immediate effect in order to increase the coverage of electronic payment systems. According to a Circular Circular No. 2) issued Saturday, all ...

LAHORE - United Nations Fund for Population Affairs (UNFPA) would extend full cooperation for further improving health facilities in the rural areas of the Punjab and provide financial assistance for making the rural health centres functional round the clock in 36 districts of the province. ...

LAHORE The Acumen Fund held its Community Gathering here on Saturday. The event included a select gathering of dynamic community members who come together to share insights and celebrate the work of social entrepreneurs in Pakistan. The theme of the event was to promote Acumen Funds model of ...

BEIJING (AFP) - Chinas central bank governor on Tuesday voiced concern at problems such as speculative fund inflows into the economy and rising inflation, leading the stock market to fall four percent. The comments added to a chorus of criticism by Chinese officials that monetary stimu-lus policies ...

KARACHI - The trade bodies representatives and industrialists have welcomed the bipartisan approval of Kerry-Lugar Pakistan American Enterprise Fund by the US Senates Foreign Relations Committee and termed this move as pragmatic initiative, which would support the local private sector to create ...

ISLAMABAD While thousands perished and millions were forced to flee from the floods that swept Pakistan this month, the Foreign Minister, who came with a cup in hand for foreign aid, was spending thousands of dollars per night at cushy five-star hotels in the US. 'Beggars cannot be choosers ...

KARACHI - The bull-run entered third day on Thursday following an increase in flood relief support as the Asian Development Bank said it would likely extend a $2 billion assistance package following devastating floods. The World Bank on Tuesday said it will release $900 million to help speed up ...

LAHORE (PPI) - The Monsanto Fund, philanthropic arm of the Monsanto Company, has donated 4.3 million rupees to the World Food Program (WFP) to support relief work for the flood victims in Pakistan. The World Food Program is actively leading the efforts in this regard. The Monsanto Fund has a ...

ISLAMABAD (APP) A Multi-Donor Trust Fund (MDTF) was launched here on Thursday to support critical reconstruction and peace-building initiatives in crisis affected areas of Khyber Pakhtunkhwa (KP), Federally Administered Tribal Areas ( FATA) and Balochistan. The fund has been created on the ...