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FIA submits list of Pakistanis in Supreme Court having properties in UAE

ISLAMABAD: In a major breakthrough in money laundering case, the Federal Investigation Agency, (FIA) has submitted a list of political and government officials, holding benami properties in the United Arab Emirates (UAE). The list also contains the name of Aleema Khanum, a sister of Prime Minister Imran Khan. She is identified as benamidar of a property. A notice has been issued to her through email as well as delivered at her home address by the FIA. Mother of Prime Minister's Special Assistant, Farukh Saleem, PTI…

ECP to issue final list of candidates for by-elections today

ISLAMABAD: The Election Commission of Pakistan (ECP) will issue today a final list of candidates running for the countrywide by-elections scheduled to be held on Oct 14.  As per the schedule for the by-elections, the ECP will allot election symbols to assembly aspirants on Sunday (tomorrow). Polling for 37 seats – 11 of the National Assembly and 26 of the provincial assemblies – will be held on October 14. A number of the National and provincial assemblies’ seats fell vacant after political leaders who had won more…

China loses #2 spot in the world’s stock market list

China's stock market has been overtaken as the world's second-biggest by Japan's, having been swiped this year by the threat of a trade war with the United States and slowing economic growth. Data from Bloomberg News in intra-day trade on Friday showed the value of equities on the mainland had slipped behind those in their neighboring country for the first time since taking the number-two spot in 2014. The figures showed Chinese stocks were worth $6.09 trillion, compared with $6.17 trillion in Japan. While global…

Elections 2018: MQM-P finalizes its Karachi contestants

KARACHI: Muttahida Qaumi Movement-Pakistan (MQM-P) Bahadurabad faction has finalized a list of candidates who will be contesting in the upcoming general elections, said the Rabita committee. The MQM-P has fielded its prominent candidates in key constituencies against rivals, however, the party has not yet unveiled the name of the candidate against Shehbaz Sharif. According to reports; Usama Qadri will compete with Mustafa Kamal in NA-253. Ali Raza Abidi will be facing off Imran Khan in the NA-243,…

World’s top 100 airports announced – none from Pakistan

The latest rankings of the world’s top 100 airports are out, but there is none from Pakistan. In a list released by the Skytrax titled ‘World’s Top 100 Airports’ , Singapore’s Changi airport retained the top spot for the sixth year in a row. Singapore’s airport has a range of attractions inside including a rooftop pool, a butterfly garden and a cactus garden. Those with long layovers are also able to take a tour of the city free of charge. In the list of 100 airports, India has three which are Mumbai (63), Bangalore…

US clothing, cosmetics on possible EU retaliation list

BRUSSELS: Clothing, orange juice, cosmetics and other products from the United States may be subject to European Union duties if US President Donald Trump carries out his threat to impose global import duties on EU steel and aluminum. The European Commission has said it would respond “firmly” to proposed US import duties of 25 percent on steel and 10 percent on aluminum. It has drawn up a list of 2.8 billion euros ($3.46 billion) worth of US products on which it could apply a 25 percent tariff. Commission President…

ECP to publish revised list of Senate candidates

ISLAMABAD: The Election Commission of Pakistan (ECP) will publish a revised list of aspiring candidates for the upcoming Senate elections on Sunday. Candidates will be able to withdraw their nomination papers by tomorrow. The revised lists of hopefuls for the Senate polls against the seats from the federal capital and FATA will be published on Tuesday. Polling for the Senate seats, which are going to fall vacant after end of the tenure of 52 senators in March, is scheduled to take place on March 03. More than 140…

Putin laughs off Washington’s ‘Kremlin list’

MOSCOW: President Vladimir Putin on Tuesday laughed off a US list of Russians tapped for possible sanctions, joking that he was offended his name was not on it, but nevertheless branded it an "unfriendly act". The 65-year-old Russian leader -- who spoke before the US Treasury said it would act on its list "in the near future -- said the US move would further worsen ties. At the same time, Putin sought to make light of the US report -- which many commentators say looks like an attempt to simply copy a Forbes Russia…

EU takes Panama, seven others off tax haven list

BRUSSELS: The EU has removed eight countries including Panama from its new tax haven blacklist, after they pledged to address its concerns, in a move swiftly condemned by activists. The United Arab Emirates, Tunisia, Mongolia, Macau, Grenada and Barbados were also lifted from the list by finance ministers, in a move that comes just weeks after the bloc unveiled its original list of 17 non-EU nations. The decision drew criticism from campaigners including Oxfam who say the EU’s commitment to tackle tax avoidance…