Football legends Luis Figo and Kaka have landed in Karachi to officially kick off the World Soccer Stars event in the country. Football legends Luis Figo and Kaka have landed in Karachi to officially kick off the World Soccer Stars event in the country The two Real Madrid superstars had tweeted a message for Pakistani fans prior to boarding their Karachi-bound …

DUBLIN: Ireland kicked off its funding drive for 2019 by raising 4 billion euros in a new 10-year bond sale after being swamped with bids for four times that amount, the country’s debt agency said on Wednesday. Ireland has begun its annual fundraising with a syndicated sale every year since 2013 and was among the first eurozone sovereigns out of …

RAWALPINDI: Adviser to Prime Minister on Commerce, Investment and Textile, Abdul Razak Dawood on Wednesday said business community has been the top priority of government and the focus was to strengthen the interaction with traders. The minister was talking to a delegation of Rawalpindi Chamber of Commerce and Industry led by its President Malik Shahid Saleem,. Mr Dawood said that …

KARACHI: Master Motor Corporation (MMC) will start assembling Iveco trucks in Pakistan this year, said the company’s Chief Executive Danial Malik on Wednesday. He made the announcement while inaugurating the company’s first facility and showroom in Sindh Industrial and Trading Estate Area. “We have imported eight Iveco trucks in the last 2-3 months but now we have decided to start …

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued directives to the insurance sector for protection against cyber attacks, saying the probability of cyber risk is greater today than ever before due to increasing reliance on technology for business operations and expansion of financial technology. The SECP directives, issued under SRO 31 (I)/2019 on Wednesday, warned that all …

RIYADH: Top oil exporter Saudi Arabia announced a slight rise in its crude oil reserves on Wednesday after they were independently audited, providing more detail about the size of deposits shrouded in secrecy for decades. Saudi Arabia’s reserves of easily recoverable oil have long been the world’s largest but few details were public. The external audit was started as part …

JERUSALEM: An Israeli former cabinet minister admitting to spying for Iran on Wednesday in a plea deal in exchange for an 11-year prison sentence, the Israeli Justice Ministry said. Gonen Segev, energy minister from 1995 to 1996, was indicted in June. The Shin Bet internal security service said at the time had been recruited by Iranian intelligence while living in …

RIYADH: Six suspects wanted over unrest in Saudi Arabia’s Shia minority stronghold of Qatif were killed in a police raid this week, the kingdom’s secret service said on Wednesday. One person was lightly wounded and arrested in the “preemptive” raid on “terrorists” holed up in a house in the eastern town of Jish on Monday, a statement carried by the …

An Australian man was charged on Thursday with sending dozens of packages believed to contain asbestos to embassies and consulates around the country. Savas Avan appeared in a Melbourne court after being arrested at his home in rural Victoria state on Wednesday, the same day several consulates in Melbourne received the suspicious packages, authorities said. Local media reported that Avan, 49, attended …

BEIJING: The United States and China on Wednesday concluded three days of extended talks to resolve their trade war, with a member of the American delegation saying negotiations “went just fine”. The US officials arrived in Beijing on Monday for the first sit-down talks since President Donald Trump and Chinese leader Xi Jinping agreed on Dec 1 to a three-month …