Flood continues to devastate DG Khan
KARACHI: Rain and floodwaters continued to devastate Dera Ghazi Khan, Rajinpur and adjoining areas on Tuesday, Geo news reported.Floodwater is rushing towards Rojhan, a tehsil of Rajinpur, while breach in Shoria Canal located near Dera Ghazi Khan was also reported. Education institutes would remain shut on second consecutive day in Khairpur.
Rescue teams have been sent to Rojhan due to the fear that the floodwater could enter the area.
Indus Highway at Chokian Wala has been shut due to water outrush in mountainous nullahs which developed breach in Chashma canal.
Deputy Commissioner Khairpur said that the relief operation has kicked off in the district after reviewing the situation. The report in this regard would be sent to Sindh Government, he added.
LATEST/BRIEF NEWS:
PAKISTAN
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o PCB chief praises Pakistan’s T20
performance against Australia
o Married couple among five die in
Karachi crimes
o Pakistan win toss, opt to bowl vs
Australia in final T20
o Pakistan to give own award to Ajmal
after ICC omission
o Pakistani stocks end lower; rupee
rates weaker; o/n rates flat
o LG system is soul of democracy:
Altaf
o Car sales fall 19 pct in
August, first in 10 months
o Blast hurts 6 in Hub
o Jacobabad receives record rain in
100 years; 150 houses collapse
o Heavy rains kill 10 in
Balochistan amid emergency
o Rain, floods kills 78 in
Pakistan: officials
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WEF's New Champions meeting
o PM for bolstering bilateral ties,
cooperation with China
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of democracy, equality, social justice: CJP
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investors
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strike
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by 150 basis points
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half pct
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begins formal work
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inaugurated
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fishermen
o President Asif Ali Zardari has
completed four years in the office with remarkable achievement being
democratically elected President of the country.
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fruitful
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Business News:
UAE investors eye
Pakistan sectors
LAHORE: The UAE investors are
planning to make investment in Pakistan in different sectors of economy
including Cement and Steel sectors.
The Chairman Zarooni Group of Companies, Faisal Muhammad
Abdul Karim Al-Zarooni, who was accompanied by Leader of the House in Senate,
Senator Jehangir Badr, was talking to LCCI President Irfan Qaiser Sheikh here
Monday.
The LCCI Senior Vice President Kashif Younis Meher and Vice
President Saeeda Nazar also spoke on the occasion.
Al-Zarooni said, no doubt that UAE and Pakistan enjoy
excellent relations and have bonded in religion, history and culture, and
Pakistan was the first country, which recognised the UAE. There is deep cooperation
between the two countries in all fields especially in economic and trade
sectors.
He said the UAE is the second largest investor in various
sectors of Pakistan including banking and real estate, energy, infrastructure,
telecommunications, ports, housing and aviation. Raw material import from
Pakistan is cheaper than China, therefore, the UAE investors are giving
preference to Pakistan, he added.
Leader of the House in Senate Senator Jahangir Badr said
that both the countries have huge potential to increase bilateral trade &
investment, so the investors of both the sides should join hands to tap this
potential.
While, LCCI President Irfan Qaiser Sheikh said that deep
friendly ties exist between Pakistan and UAE and both sides are in unison on
various international issues. He said that United Arab Emirates is a big
economic and trade partner of Pakistan and bilateral economic relations are
further expanding with the passage of time.
He said that Lahore Chamber of Commerce and Industry would
be more than willing to facilitate all the UAE investors if they plan to put
their money in any new venture in Pakistan.
He said that UAE had played an important role in the
rehabilitation of flood affectees during the last flood in Pakistan. He said
that the active role of UAE in the public welfare projects and development of
Pakistan is commendable.
Irfan Sheikh said the government has evolved a comprehensive
strategy for rapid economic development and a special attention has been paid
to various sectors including livestock, education, health, communications and
information technology, therefore, UAE investors should avail these
opportunities. (APP)
EXCHANGE FOR CURRENCY NOTES:
U.S.A 95.55
S.Arabia 25.48
U.K 152.81
Japan 1.2213
Euro 122.17
U.A.E 26.01
BULLION RATES IN
RUPEES PER 10 GRAMS
KARACHI
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Gold Tezabi (24-ct) Rs 52,200
Silver Tezabi Rs 968.57
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