Lahore: PACRA has revised the long-term and short-term entity ratings of KASB Bank to “BBB” (Triple B)and “A3” (A Three) [Previous: A-/A2] respectively. The ratings denote an adequate capacity of timely payment of financial commitments. The ratings reflect deterioration in the bank’s risk absorption capacity, a consequence of less than …

Lahore: SHAMROCK Conferences International has announced the holding of the 5th Annual Pakistan Micro-finance Country Forum 2011 to be held on 24th of November, 2011 in Karachi. The theme of the forum will be “Stretching out to the unreached” and will include case-study discussions and face-to-face deliberations. The annual forum …

Etihad Airways, the national airline of the United Arab Emirates, has won the award for “Best Business Class” at the 2011 Biz Travel Forum in Milan. Etihad Airways’ Pearl Business Class features a hi-tech seat that converts to a fully flat bed. These seats are longer and wider, all with …

Islamabad: The Turkish Government has accepted the offer of assistance from the Government of Pakistan for the relief and rescue operations in the earthquake affected areas. The offer of assistance was extended by Prime Minister Syed Yusuf Raza Gilani to his Turkish Counterpart. On the direction of the Prime Minister, …

Lahore: Punjab University has awarded PhD degrees to Syed Nadeem Jafar S/o Syed Kareem Shah in the subject of Urdu after approval of his research thesis entitled “Tragic Elements in Urdu Novel,” Ahmed Sher S/o Salah Muhammad in the subject of Education after approval of his research thesis entitled “Students’ …

Islamabad: The Pakistani and Kashmiri community in UAE observed “Black Day” on Thursday 27th October, 2011, signifying sustained solidarity of people and government of Pakistan with Kashmiri people who have been offering sacrifices persistently for their right of self-determination. The observance of Black Day is aimed at attracting the attention …

Islamabad: Pakistan will continue extending its political, moral and diplomatic support to the people of Indian Occupied Kashmir in their struggle for the right of self-determination. This was stated by the Ambassador of Pakistan to Kuwait Mr. Iftikhar Aziz in a ceremony held at the embassy today to observe the …