Tag: Week

ISLAMABAD - The provincial governments of Punjab and Khyber Pakhtunkhwa (KPK) have rejected the centre's proposal of two holidays a week during summer and desired its non inclusion in recommendations for the energy summit. An official source at the Ministry of Water and Power said some of the draft recommendations for the energy summit were shared with the provinces to seek their consent.
Punjab and KPK both objected to the proposal of two holidays a week, saying it badly

ISLAMABAD - The All Pakistan CNG Association (APCNGA) on Thursday announced that all CNG stations would remain open throughout the week across Punjab as a protest against two-day weekly closure. "A massive capital has been injected into the CNG sector, how we can remain silent seeing investors being deprived of their investment's blessings and laying off workers," association's chairman Ghyias Abdullah Paracha said.
Sindh, Balochistan and Khyber Pakhtunkhwa have already full

CAIRO - Egypt's ruling military council will announce a constitutional decree within the next two days that will chart the path towards elections and civilian rule, a security source said on Tuesday. The decree will set a timeframe for parliamentary elections, expected in September of this year, and the presidential polls that will follow them, the source said. "The constitutional decree will set a roadmap for the steps ahead with a timetable for elections and the laws to be passed to

KARACHI - The current week can be considered as the best week of the year with an outstanding gain of over 776 points with reasonably better volume when compared with YTD average volumes. The bullish rally was completely driven by local investors while foreign participation can be termed as negligible. During the week market witnessed an inflow of $292 million thanks to Friday's inflow of $4.67 million, which turned the inflow towards the positive territory.
The much awaited MTS

KARACHI - Pakistan would seek Uzbekistan's help to get full membership of Shanghai Cooperation Organization (SCO) to strengthen Pakistan's engagement with the organization for trade promotion. The 5th session of Pak-Uzbek Joint Ministerial Commission (JMC) is going to be held in Islamabad next week where both countries would discuss various options to improve the bilateral trade, sources disclosed.
Pakistan, enjoying an observer status of the six member states' organization,

KARACHI - The local bourse was in doldrums, dwindling 818 points this week, as the index closed at around 11,223 points with an average weekly volume of 98 million shares. Investors were unwilling to invest and stayed cautious. The index closed at the lowest level of 11,223 points in the year. Foreign investors continued to off-load their investments, amounting to $5.47 million -dampening the already low sentiment.
Furthermore, the geo-political situation remained a crucial

KARACHI - Muhammad Sarwar, the maternal uncle of Shumaila Kanwal, the deceased widow of Muhammad Faheem, one of the men shot and killed by Raymond Davis, was attacked on Thursday for what the family claims is the second time in less than a week.
The family is being pressured to stop giving statements to the media, Faheem's brother Muhammad Waseem told Pakistan Today. Shumaila's family, which lives in Faisalabad, had been receiving verbal threats from the day she died. "Then on

LAHORE - Foundation for Advancement of Science and Technology (FAST) Institute of Electrical and Electronics Engineering (IEEE-WEEK) concluded with a bang on Saturday. All team members and participants were present at the occasion and Dr SM Sajid and Dr Amjad Hussain graced the occasion as chief guests.
A large number of people from the FAST-NUCES, NUST College of EME, UET Lahore, UMT, Kinnaird College Lahore and Beaconhouse School System. The IEEE-UET chapter participated in

KARACHI - Within the current week, the index shed over 472 points or 3.8 percent with an average volume of 95.45 million shares. It is worth mentioning that the index touched a high of 12,682 points on Jan 17, 2011 with year to date highest volume of 316 million shares during the preceding month. Average daily volumes were strongly affected in the current week volume as year to date average volume decline by 11 million to 150 million shares.
The foreign investment inflow of

FAST chapter of Institute of Electrical and Electronics Engineering (IEEE) brought another enthralling and joyous event EE_HUNT by NUCES Circuit Society (NCS) in which teams from various schools and universities including Beacon house, Lahore Grammar, UET and FAST-LHR participated. All teams had to find a hidden treasure from a set of 6 hidden clues. An exciting commotion by the participants' lust for the treasure hurled all the boredom out of the campus. UET's team won.