Islamabad: The 6th meeting of the Core Group of Pakistan, Afghanistan and the United States will be held in Islamabad on 26-27 April 2012. The meeting would review various issues of common interest including the Afghan led and Afghan owned peace and reconciliation process, economic development, narcotics, return of Afghan …

Islamabad: Prime Minister Syed Yousaf Raza Gilani will be visiting the United Kingdom from 8-13 May 2012 to attend the 1st Annual Review Meeting of the Enhanced Strategic Dialogue. He will be accompanied by a high level delegation including senior Ministers and Parliamentarians. The two sides formally launched the Dialogue …

Rawalpindi: Pakistan today successfully conducted the launch of the intermediate Range Ballistic Missile Hatf IV Shaheen-1A Weapon System. The missile is an improved version of Shaheen-1 with improvements in range and technical parameters. It is capable of carrying nuclear and conventional warheads. Today’s launch, whose impact point was at sea, …

Karachi: NBP is scheduled to announce its 1QCY12 result on Apr 27’12. According to AKD Securities, on a consolidated basis, AKD Securities expects NBP to post NPAT of PkR5.37bn (fully- diluted EPS: PkR2.90) in 1QCY12 vs. NPAT of PkR4.28bn (fully-diluted EPS: PkR2.31) in 1QCY11, translating into robust growth of 26%YoY. …

Karachi: PTC: Earnings to drop by 13% YoY in 9MFY12 Pakistan Telecommunication Company is scheduled to announce its 9MFY12 results on April 25, 2012. According to Arif Habib Limited, on a standalone basis, Arif Habib Limited expects the company to post an earnings of PKR 4,343mn (EPS: PKR 0.85) in …

Islamabad: MARKET TREND: Bearish COMPANIES TRADED: TOTAL PLUS MINUS EQUAL 129 49 -80 0 INDEX POSITION: INDEX Opening Closing Change ISE-10 Index: 2863.21 2894.01 30.80 TOTAL VOLUME: Previous Current Change 235,731 567,300 331,569 VOLUME LEADERS: Company VOLUME of Shares Lafarage Pakistan Cement 135,000 Fauji Cement Company 132,000 Bank Al Falah …

Karachi: A Dubai based real estate developer is looking for investors from Pakistan to invest in holy cities across Middle East including the first five-star luxury hotel in the holy city of Karbala, Iraq. Introducing the project to media at a local hotel, Range Hospitality Business Development Director Shafaat Rasool …