Muhammad Ahsan Staff Reporter KARACHI, May 22: Ras Al Khaimah Free Trade Zone (RAK FTZ) in one of the fastest-growing and most cost-effective free trade zones in the United Arab Emirates (UAE) with a reputation for affordability, flexibility and broad geographical reach. Oussama El Omari, CEO Ras Al Khaimah Free Trade Zone (RAK FTZ) was addressing the seminar with the title of “Attract Pakistani Businessmen ...

RAWALPINDI: The Islamic Development Bank and the Asian Development Bank has agreed to a $133 million financing plan to develop two wind projects in Pakistan as the nation seeks new renewable sources to overcome power shortages. Pakistan’s Fauji Foundation, set up as a charitable trust for former servicemen, and the nation’s Tapal Group are backing the projects totaling 100 megawatts, according to a statemen ...

KARACHI: The Karachi Stock Exchange (KSE) witnessed bullish trend on Tuesday on the back of strong interest of both local and foreign investors and the benchmark KSE-100 index registered healthy increase of 266.34 points to close at 14,142.08 points. Market opened on strong positive note and the index breached 14,000 psychological level to hit 14,157.81 points intra-day high. The index remained in green ter ...

KARACHI: Information Technology Department of Sindh government is undertaking two mega ICT projects - Arfa Karim IT City and Geographical Information System (GIS) - to promote and develop ICT infrastructure in the province, said Sindh Minister for Information Technology Syed Raza Haroon, speaking at the inauguration of 7th Information & Communication Technology Exhibition and Conference at Karachi Expo ...

SHANGHAI: The news follows a report in France that claimed the Ivory Coast striker had told his Chelsea team-mates that he had kicked his last ball for the newly-crowned European champions. "Didier is undoubtedly a Chelsea legend and will always be part of the Chelsea family. He is certainly leaving on a high after Saturday night but he feels the time is right for a new challenge," Chelsea chief executive R ...

ATHENS: Monday’s NCAA tennis semifinals resembled an episode of the reality show "Survival." Not only did teams have to outwit, outlast and outplay their opponents, but Mother Nature wreaked a little havoc, too. In the end, two teams advanced. Defending national champion Florida moves on to face No. 1-ranked UCLA in Tuesday’s 1 p.m. women’s final. The Gators (26-1) outlasted Duke 4-3 while the Bruins [team ...

NEW DELHI: Former Pakistan captain and bowling coach of Kolkata Knight Riders, Wasim Akram on Tuesday slammed those criticizing the Indian Premier League, saying that they were "jealous" of the cash-rich Twenty20 event's success and should be "ignored". "It is sad to see people protesting against IPL. These are jealous people and should be ignored. Let's focus on the business end of the championship," Akram ...

BARCELONA: Bruno Senna feels his "time will come" following Williams team-mate Pastor Maldonado's success in Barcelona. While the Brazilian started 17th on the grid at the Circuit de Catalunya and crashed out, Maldonado claimed his maiden win from pole and also helped the team to secure their first grand prix victory since 2004 in the process. Although his DNF in Spain was not his fault, Senna is under pres ...

APPUA: Twenty first Azlaan Shah Hockey tournament would start on May 24 in Malaysia. Seven hockey teams across the world, including Pakistan, India, South Korea, England, New Zealand, Argentina and the host Malaysia would participate in the   tournament. Meanwhile, three hockey matches would be played on the first day of the event while the opening match would be played between Pakistan and Argentina. Accor ...

NEW DELHI: Aishwarya Rai Bachchan is all set to grace the Cannes film festival for the 11th time but this time it's going to be different. She will be accompanied by her five-month-old Beti B . Aishwarya Rai will be in Cannes May 24-25 where she will attend the L'Oreal Paris - amfAR (The American Foundation for AIDS Research) dinner that will help raise funds for the fight against AIDS. Sabyasachi Mukherjee ...