G7 NATIONS PLEDGE DEBT RELIEF FOR QUAKE-HIT HAITI

Posted on February 7, 2010

OTTAWA: The world’’s leading industrialised nations have pledged to write off the debts that Haiti owes them, following a devastating earthquake last month. Canada’’s finance minister announced at a summit in Iqaluit, northern Canada that Group of Seven countries planned to cancel Haiti’’s bilateral debts. Jim Flaherty said he would encourage international lenders to do [...]

G7 NATIONS PLEDGE DEBT RELIEF FOR QUAKE-HIT HAITI ...

OIL PRICES WEAKEN AT END OF WEEK

Posted on February 7, 2010

SINGAPORE: World oil prices fell in the wake of weaker-than-expected US jobs data and at the end of a volatile week for global financial markets. New York’’s main futures contract, light sweet crude for delivery in March, lost 34 cents to 72.80 dollars a barrel. London’’s Brent North Sea crude for March dropped 69 cents [...]

OIL PRICES WEAKEN AT END OF WEEK ...

PAKISTANI CEMENT MAY GAIN MARKET IN INDIA

Posted on February 7, 2010

All Pakistan Cement Manufacturers Association, Maj Gen (retd) Rahmat Khan, Former Chairman APCMA, foreign exchange, Geo News, Pakistan exports, cement exports, Pakistani cement, india interested in pakistan cement

PAKISTANI CEMENT MAY GAIN MARKET IN INDIA ...

GLOBAL MARKETS ROUT HITS ASIA

Posted on February 7, 2010

HONG KONG: Mounting fears about parlous government finances in Europe hammered stock markets across Asia on Friday following New York’’s worst finish since November. A global flight to safety lifted the dollar and depressed the euro, despite concern that US jobs data out later in the day would flag enduring weakness in the world’’s largest [...]

GLOBAL MARKETS ROUT HITS ASIA ...

US SEEKS ACCESS TO NUCLEAR PROGRAM OF PAKISTAN: JI

Posted on February 7, 2010

LAHORE: Ameer Jamaat-e-Islami Syed Munawwar Hassan has said US agenda tops creation of uncertainty in Pakistan so that it should have access to Pakistan’s nuclear program. He said she also looks all set to get our nuclear program declared unsafe in order to let international community have control over it. Addressing the gathering of the [...]

US SEEKS ACCESS TO NUCLEAR PROGRAM OF PAKISTAN: JI ...

Pak enters largest deal of history to export machinery

Posted on August 22, 2009

Pak enters largest deal to export machinery KARACHI: A plant is being exported under an agreement worth $50 million — the first largest in the history of Pakistan, Geo News reported Saturday.
Talking to Geo News, partner of Saudi al Kubra group, Majeed Pardesi said his Saudi partners were inclined on importing machinery from India; however, [...]

Pak enters largest deal of history to export machinery ...

Hungary to give Pakistan high yield sunflower seed

Posted on July 10, 2009

ISLAMABAD: Minister for Food and Agriculture Nazar Muhammad Gondal stressed the need for increasing cooperation between Pakistan and Hungary in Agriculture sector. The Minister was talking to Ambassador of Hungary Istav Darvasi who called on him here this after noon in his office. The Minister said that Hungary could provide Pakistan [...]

Hungary to give Pakistan high yield sunflower seed ...

Dollar closes at Rs82 first time since Oct 2008

Posted on July 10, 2009

KARACHI: Dollar closed today at Rs82 in the Inter Bank for the first since October 17, 2008. According forex market dealers, dollar grew stronger against rupee during today’s trading. The rupee value declined due to increased demand of dollar for making payments of import bills, they said. In the open market [...]

Dollar closes at Rs82 first time since Oct 2008 ...

Azgard Nine to sell 24.99% stake in Pak-America Fertilizer

Posted on July 10, 2009

KARACHI: Azgard Nine Company Limited has announced to sell 24.99 per cent of its stake in Pak American Fertilizers. According to sources Azgard Nine will use the proceeds from sale in retiring its debts.

Azgard Nine to sell 24.99% stake in Pak-America Fertilizer ...

China to invest in Pakistan Steel Mill

Posted on July 10, 2009

Geo News: China Metallurgical Group Corporation (MCC) has shown its interest to invest 2.2 billion US Dollars for the expansion and revamping of Pakistan Steel Mills (PSM). A twelve member delegation of MCC headed by Ms Huan met here on Thursday with the Federal Minister for Industries and Production Mian Manzoor [...]

China to invest in Pakistan Steel Mill ...