Tag Archives: Interim

Adel Qaeda’s interim chief

Al Qaeda has appointed an Egyptian militant as temporary leader and named a new head of operations following the killing of Osama bin Laden by US commandos, al Jazeera reported on Wednesday,

Egypt’s military issues interim constitution

CAIRO – Egypt’s military rulers on Wednesday issued an interim constitution under which the transitional administration will run the country until elections allow power to be returned to an elected government.
The decree, read by a member of the ruling Supreme Council of the Armed Forces, confirmed that the military would hold presidential powers until a new head of state is elected.
The interim constitution’s 62 articles included amended sections of the old constitution

JSIL determines interim dividends

KARACHI – The board of directors of JS Investments Limited (JSIL), the Management Company of JS Income Fund (JS IF) and JS Cash Fund (JS CF), approved interim dividends for JS IF and JS CF for the third quarter of FY 2011, ended March 31, 2011.
A pay out of Rs 2.00 per unit was approved for the Unit Holders of JS IF, which takes the total payout for the current fiscal year to Rs 6.00 per unit, while an interim payout of Rs 2.50 per unit was approved for the Unit Holders of JS CF,

Flood Commission submits interim report

ISLAMABAD – The Flood Commission constituted by the Supreme Court on Friday submitted its interim report with the apex court on the damages caused by floods last summer, saying irrigation infrastructure in Balochistan suffered serious damage during the catastrophic floods.
After receiving the interim report, Chief Justice Iftikhar Muhammad Chaudhry issued notices to concerned parties and fixed the case for hearing on March 28 before a bench already hearing the matter.

Moonis gets interim bail in NICL case

LAHORE – The Lahore High Court on Thursday granted interim bail to PML-Q leader Moonis Elahi in the National Insurance Corporation Limited (NICL) case till March 17 against a surety bond of Rs 10 million and two personal sureties of the same amount.
However, the court expressed annoyance over Moonis Elahi’s statements which were made against the courts. The bench headed by Chief Justice Ijaz Ahmad Chaudhry and comprising Justice Ijaz ul Ahsan granted bail on a plea moved by

Tunisian interim leader resigns as clashes erupt again

TUNIS/MUSCAT/MANAMA – Tunisian Prime Minister Muhammad Ghannouchi resigned on Sunday, as security forces clashed with protesters in Tunis demanding the removal of some ministers of his interim government. “I have decided to quit as prime minister,” Ghannouchi told a news conference, saying that he thought carefully before taking the decision which was supported by his family.
“I am not running away from responsibility. This is to open the way for a new prime minister. I am not

Al Meezan announces interim cash dividend

KARACHI – The Board of Directors of Al Meezan Mutual Fund Limited (AMMF), in its meeting held on Thursday February 17, 2011, declared an interim cash dividend of five percent per share (i.e. Rs 0.50 per share) for the quarter ended December 31, 2010. The book closure will be held from March 24, 2011 to March 31, 2011
Al Meezan Mutual Fund, a closed end equity fund, reported a net income of Rs 170 million for the half year ended December 31, 2010. This translates into earnings

PPP, MC agree to amend interim constitution

ISLAMABAD – The Muslim Conference, the ruling party of the Azad Jammu and Kashmir (AJK), and the Pakistan People’s Party are on the same page to amend the interim constitution act of 1974 to suspend election on the twelve seats reserved in Pakistan for Kashmiri refugees.
Well-placed sources told Pakistan Today on Sunday that senior AJK leaders Chaudhry Majeed, Chaudhry Yaseen and Chaudhry Lateef Akber had a brainstorming session with President Asif Ali Zardari on the issue. “They

Al Meezan announces interim dividend for funds

KARACHI – Al Meezan, the largest asset management company in the private sector in Pakistan, announced the second interim dividends for its three fixed income funds. According to a statement of Al Meezan Investment Management Limited, the second interim dividends for its three fixed income funds, including Meezan Sovereign Fund (MSF) Meezan Cash Fund (MCF) and Meezan Islamic Income Fund (MIIF) stood respectively at Rs 0.65, Rs 1.25 and Rs 1.0 per unit.
The payouts are in the form