Abraaj’s Naqvi sentenced to prison in absentia by UAE court

DUBAI: Arif Naqvi, founder of defunct Dubai-based private equity firm Abraaj Group, was sentenced in absentia to three years in prison by...

NA body recommends govt to prioritise railways projects

  ISLAMABAD: Standing Committee on Pakistan Railways (PRs) has recommended the projects of PRs may be given priority by the government, especially the...

Appointment of legal advisors: SECP achieves 85pc compliance 

ISLAMABAD: The Securities and Exchange Commission of Pakistan's (SECP’s) effective initiatives and measures have resulted in an 85 per cent compliance with...

Mandviwalla says will prove Ali Siddiqui’s Air Blue investment in court

Senate deputy chairman had stated that appointment of Ali Siddiqui as advisor to PM was made after his investment of $20m...

World Bank court orders Pakistan pay $5.8bn damages to Tethyan Copper

--The company maintains it had invested more than $220m in Reko Diq by the time Pakistan’s govt, in 2011, unexpectedly refused to...

Pakistan gets stay over $6bn fine in Reko Diq case

The World Bank’s International Centre for Settlement of Investment Disputes (ICSID) on Thursday granted a stay on enforcement of the massive penalty...