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Asif Khaliq drives blue-eyed Chaiwala Arshad Khan’s London success Munir and Naqvi Join Makkah Pact Talks in Tehran Iran Says the Border Is Open as Pakistan Ships LPG by Sea Six Militants and Two Soldiers Killed in DI Khan Imran Khan’s Sisters Held for Another 30 Days Rights Commission Calls for the KP Emergency to End Makkah Pact Officials Head to Tehran for Security Talks Riyadh Airport Partly Reopens Two Weeks After Attack Indian Duty-Free Access Threatens Pakistan’s Textile Edge Peshawar Begins Polio Drive for 1.11 Million Children KSE-100 Loses 4,045 Points Over the Week Task Force Asks Industry for Export Proposals PTI Weighs Talks Against Protest Over KP Seven of One Family Killed in Murree Road Accident Mir Raza’s Father Asks for a JIT Member to Be Replaced Pakistan Rejects a $490m Loan as Too Expensive Minister Seeks Loan Rescheduling as Rates Bite at 25pc 31,000 Consumers Denied the Petrol Subsidy Portal Glitch Blocks Returning Pakistanis From Filing LPG Cargoes Down to Two as Senate Presses on Winter Fuel

Articles for tag: Arsenal, Arsenal midfielder Frida Maanum, Arsenal Women's star collapses, collapse, condition, football, Maanum, stable, stars

April 1, 2024

News Desk

Maanum in stable condition after Arsenal star’s collapse

LONDON: Arsenal midfielder Frieda Maanum is in a “stable condition” after collapsing during Sunday’s Women’s League Cup final win against Chelsea. Paramedics and team medical staff rushed onto the pitch to help Maanum when he suddenly fell to the turf off the ball in second-half stoppage time at Molineux. The 24-year-old Norway international was given oxygen through a mask and eventually taken away on a stretcher after being treated for around seven minutes. Both teams stayed on the field and the match continued, with Alessia Russo replacing Maanum. “Frida is conscious, talking and in a stable condition. She will continue

March 17, 2024

News Desk

The rupee will remain stable if talks with the IMF conclude positively

A man counts Pakistani rupee notes at a foreign exchange shop in Peshawar, Pakistan, September 12, 2023. — Reuters The rupee is gaining 0.11% against the US dollar this week. Tresmark expects the rupee to remain range-bound. The 278 level is expected to be tested if there is no rate cut. KARACHI: The rupee’s stability against the US dollar next week remains dependent on the International Monetary Fund’s (IMF) review of its $3 billion stand-by and interest rate arrangement, The news reported on Sunday. The local currency is expected to remain flat if the IMF’s assessment turns positive and interest

March 8, 2024

News Desk

Moody’s upgrades Pakistan’s banking sector outlook to ‘stable’

Banks’ stable profitability, stable funding and liquidity provide sufficient buffers to weather macroeconomic challenges, says Moody’s Moody’s logo is displayed at 7 World Trade Center, the company’s headquarters in New York. — Reuters/File Banks’ profitability helped to address macroeconomic challenges. Economy to return to moderate 2% growth in 2024: Moody’s. Moody’s expects banks’ average capital ratios to remain stable. ISLAMABAD: Moody’s Investors Service has upgraded Pakistan’s banking sector outlook to “stable” from “negative” on the back of macroeconomic challenges and easing fiscal pressures that have helped address political unrest in the country. The news reported on Friday. The credit rating

March 7, 2024

News Desk

Moody’s upgrades Pakistan’s banking sector outlook to ‘stable’

Moody’s Investors Service has upgraded Pakistan’s banking sector outlook from “negative” to “stable”, citing easing macroeconomic challenges and fiscal pressures. Inside reportthe agency highlighted the banks’ stable profitability and funding, which provided a buffer against the country’s macroeconomic challenges and political uncertainties. The report projects a modest growth of 2% for the Pakistani economy in 2024, with inflation projected to decrease from 29% to around 23% compared to the previous year. But he warned that high interest rates and inflation would continue to hold back private sector spending and investment. Read more: Moody’s downgrades Pakistan’s rating outlook to negative Pakistani

February 13, 2024

News Desk

Rupee falls slightly but largely stable

photo: file KARACHI: Although the Pakistani currency eased slightly, it remained largely flat at Rs 279.33 against the US dollar in the interbank market on Monday as heightened political unrest in the country following general elections did not leave much of an impact on the currency. According to SBP data, the rupee fell 0.02%, or Rs0.03, against the dollar on a daily basis, ending its three-day winning streak. The foreign exchange market came under moderate pressure, although the central bank reported an improvement in workers’ remittances to $2.4 billion for January 2024. It showed that foreign exchange supply remained better

February 9, 2024

News Desk

Ricciardo says the Red Bull stable is like home for him

LAS VEGAS: After being a motor racing nomad, Daniel Ricciardo says returning to the Red Bull stable with Formula 1’s newest team, the now-renamed Visa Cash App RB, was like coming home. Ricciardo won seven races while at Red Bull from 2014 to 2018. Last year he joined the Red Bull-owned AlphaTauri team and is now seen as a possible replacement for Mexican Sergio Perez for world champion Max Verstappen in 2025. “Coming back to Red Bull and the family, I feel so much at home, so the truth is this is where I want to be,” Ricciardo told Reuters.

December 30, 2023

News Desk

Oil prices are likely to remain stable in the next review

The image shows a gas station worker refueling a motorcycle tank. — APP/File The price of petrol will remain stable until the next review. The price of diesel is increasing from January 1. The next fortnightly review is due tomorrow. KARACHI: Petroleum prices will not see any significant change with diesel prices expected to rise in the next fortnightly review on December 31 (tomorrow). The news reported on Saturday. According to oil industry calculations, the ex-depot price of petrol, the most widely used fuel in the country, is likely to come down by Rs 0.98 per liter to Rs 266.36

December 24, 2023

News Desk

The rupee is likely to remain stable with balanced dollar supply-demand

“USD/PKR looks set to hover around the 282 level for another month or so,” says Tresmark report A foreign exchange dealer counts US dollars in a shop in Karachi. — AFP/File The rupee closes the week at 282.53 per dollar, up 0.24%. Zero CAD policy the main reason behind rupee stability. Foreign exchange reserves remain under pressure. KARACHI: The rupee is set to remain flat against the dollar in the coming weeks amid balanced dollar supply and demand and narrowing current account deficit, The news they said on Sunday, citing analysts. During the outgoing week, the local currency closed at

December 13, 2023

News Desk

Fitch affirms Pakistan’s rating at ‘CCC’ with a stable outlook

In its recent rating, US-based credit rating agency Fitch Ratings has chosen to affirm Pakistan’s Long-Term Foreign Currency Issuer Default (IDR) at ‘CCC’. Despite some improvements and the successful revision of the Stand-by Arrangement (SBA) with the International Monetary Fund (IMF), Pakistan continues to face high external financing risks and faces challenges in policy implementation and political stability. “The ‘CCC’ rating reflects high external financing risks amid high medium-term financing requirements, despite Pakistan’s stabilization and strong performance in the current Stand-by Agreement (SBA) with the International Monetary Fund (IMF),” Fitch said in statement issued Wednesday. “We expect elections to be

November 2, 2023

News Desk

Bahrain recalls envoy from Israel, Israel says relations stable

MANAMA: Bahrain’s parliament announced Thursday that the Gulf state’s ambassador to Israel had returned home and economic ties had been severed in protest over the war in Gaza. However, the government did not confirm the moves and Israel said it had not received any information about such actions, saying its relations with Bahrain were “stable”. In its statement, parliament – an advisory body with no foreign policy powers – said the moves “confirmed Bahrain’s historic position in support of the Palestinian cause”. “The Council of Representatives confirms that the Israeli ambassador to the Kingdom of Bahrain has left Bahrain and

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