Oil prices rose on Friday and are heading towards a fourth consecutive weekly gain as the latest US sanctions on Russian energy trade have disrupted supply, pushing up spot trade prices and shipping rates. Brent crude futures rose by 44 cents, or 0.5%, to $81.73 per barrel, while US West Texas Intermediate crude futures were up 62 cents, or 0.8%, to $79.3 per barrel. Brent and WTI have gained 2.5% and 3.6% so far this week. “Supply concerns from US sanctions on Russian oil producers and tankers, combined with expectations of a demand recovery driven by potential US interest rate…
Author: Raja Zahid Khanzada
Pakistan’s central bank stated on Thursday that the United Arab Emirates had confirmed the rollover of its two $1 billion deposits placed with the State Bank of Pakistan for another year. The deposits were maturing this month. Earlier in January, Pakistan’s Prime Minister Shehbaz Sharif said that the UAE had agreed to extend the payment of $2 billion due this month. Sharif mentioned that he met with UAE President Sheikh Mohammed bin Zayed Al Nahyan during his personal visit to Pakistan. “In a one-on-one meeting, he said… there is a $2 billion repayment due, and we are extending this,” Sharif…
The US dollar rate in Pakistan decreased further by Re0.14 (14 paisa) against the Pakistani rupee to Rs278.71 in the interbank market on January 17, according to the State Bank of Pakistan (SBP). However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs279.50 and Rs281, respectively. The price of the Euro decreased by 16 paisa, closing at Rs286.97 against the previous day’s closing of Rs287.13. The Japanese yen rose by 1 paisa, closing at Rs1.79, while the British Pound saw a decline of 9 paisa, trading…
In a significant gesture of goodwill, UAE Consul General Dr. Bakheet Ateeq Al-Rumaithi visited the Sukkur district council, announcing free visas for all council members. The visit was marked by warmth and appreciation, as Dr. Al-Rumaithi praised the district’s impressive illumination on UAE National Day. Highlighting the strong ties between Pakistan and the UAE, he noted that their relationship is built on mutual respect. He also acknowledged the contributions of over two million Pakistanis living in the UAE, calling them an intelligent and resourceful nation. Dr. Al-Rumaithi encouraged Pakistanis to use the UAE’s largest visa center in Karachi for accurate…
Tennis icon Sania Mirza has long shared a close friendship with UAE billionaire Adel Sajan, the Group Managing Director of Danube Group. Their bond goes beyond social circles, with Adel’s company, Danube Homes, designing Sania’s luxurious villa in Dubai. Expressing her admiration for Danube Homes’ craftsmanship, Sania said, “I chose Danube Home to design my villa in Dubai, and they have truly done such a great job. They converted my outdoor spaces into ‘me-time’ spots, entertainment areas, and kids’ play zones.” Who is Adel Sajan? As the son of Indian business tycoon Rizwan Sajan, Adel has an estimated net worth…
Mumbai Police detained the primary suspect behind the brutal attack on Bollywood actor Saif Ali Khan on Friday morning. The incident occurred in the early hours of Thursday at Saif’s Bandra residence, where the intruder stabbed the actor multiple times. Saif was rushed to the hospital with the weapon still lodged in his spine and underwent surgery. Doctors report that his condition is now stable, but he remains under close observation. According to a report, the suspect initially targeted and surveyed superstar Shah Rukh Khan’s residence, Mannat. However, he was unable to gain entry due to the property’s tight security.…
Bollywood actor Saif Ali Khan was attacked at his Bandra residence in Mumbai during the early hours of January 16, leaving fans and the film industry in shock. The Mumbai Police apprehended a suspect 30 hours after the incident, with a video showing the accused being escorted to the Bandra police station now circulating online. The attack reportedly occurred during a burglary attempt at the ‘Satguru Sharan’ building, and it was captured on CCTV. The footage showed the intruder entering the premises with a wooden stick and a Hexa blade, then fleeing via the rear gate, which was not covered…
Bollywood actor Saif Ali Khan is recovering well after sustaining multiple stab wounds during an attempted robbery at his Bandra home in the early hours of January 16. Doctors at Lilavati Hospital confirmed that, as his condition improved, he had been moved from the ICU to a special room. A statement from Saif’s treating doctor reassured fans, saying, “Saif Ali Khan’s condition is stable. He is feeling better and has been shifted to a special room. Visitors are restricted to prevent infection.” Dr. Niraj Uttamani, COO of Lilavati Hospital, said, “I was the first to meet Saif Ali Khan when…
Bollywood actress Kareena Kapoor Khan requested privacy after Saif Ali Khan was stabbed in their home during a robbery late on January 16. Taking to Instagram, Kareena said: “It has been an incredibly challenging day for our family, and we are still trying to process the events that have unfolded.” “As we navigate this difficult time, I respectfully and humbly request that the media and paparazzi refrain from the relentless speculation and coverage,” she said. “While we appreciate the concern and support, the constant scrutiny and attention are not only overwhelming but also pose a significant risk to our safety.…
