IGI Securities Limited – Investor Kit

Karachi, August 18, 2017 (PPI-OT): Top News

The country’s foreign exchange reserves continued to weaken, reaching below $ 20 billion at the end of last w eek. According to State Bank of Pakistan’s weekly report issued Thursday, w eek-on-w eek basis, the country’s forex reserves declined by $62 million during last w eek. Pakistan’s total liquid foreign exchange reserves stood at $ 19.942 billion on August 11, 2017 down from $20.004 billion on August 4, 2017. http://fp.brecorder.com/2017/08/20170818210295/

The National Accountability Bureau (NAB) has written a letter under the Mutual Legal Assistance to authorities in Saudi Arabia seeking details of properties of the Sharif family. https://www.thenews.com.pk/print/224298-NAB-writes-letter-to-Saudi-authorities

The government of Sindh has banned establishment of new sugar mills in the province. As per the ban the ongoing construction of new sugar mills has also been stopped. It is also banned to increase production capacity of the existing sugar mills or bringing in any changes in them. http://fp.brecorder.com/2017/08/20170818210343/

The Ministry of Railway has announced that the US-made 55 computerised locomotives, with 4,000 horsepower, have become part of fleet of Pakistan Railways locomotives. http://nation.com.pk/business/18-Aug-2017/railw ays-adds-55-computerised-locomotives-to-its-Fleet

In order to promote Pakistan’s real estate industry, Real Estate and Investment Pakistan Expo (RIPE) is preparing for the mega event at Sharjah Expo Centre. The event w ill be held on September 22-23, 2017. The expo w ill be attended by a number of participants from all over Pakistan as w ell as participants from Russia, China, African countries and other parts of the world. http://nation.com.pk/business/17-Aug-2017/reap-to-organise-two-day-sharjah-expo

   

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IGI Securities Limited – Investor Kit

Karachi, August 18, 2017 (PPI-OT): Top News

The country’s foreign exchange reserves continued to weaken, reaching below $ 20 billion at the end of last w eek. According to State Bank of Pakistan’s weekly report issued Thursday, w eek-on-w eek basis, the country’s forex reserves declined by $62 million during last w eek. Pakistan’s total liquid foreign exchange reserves stood at $ 19.942 billion on August 11, 2017 down from $20.004 billion on August 4, 2017. http://fp.brecorder.com/2017/08/20170818210295/

The National Accountability Bureau (NAB) has written a letter under the Mutual Legal Assistance to authorities in Saudi Arabia seeking details of properties of the Sharif family. https://www.thenews.com.pk/print/224298-NAB-writes-letter-to-Saudi-authorities

The government of Sindh has banned establishment of new sugar mills in the province. As per the ban the ongoing construction of new sugar mills has also been stopped. It is also banned to increase production capacity of the existing sugar mills or bringing in any changes in them. http://fp.brecorder.com/2017/08/20170818210343/

The Ministry of Railway has announced that the US-made 55 computerised locomotives, with 4,000 horsepower, have become part of fleet of Pakistan Railways locomotives. http://nation.com.pk/business/18-Aug-2017/railw ays-adds-55-computerised-locomotives-to-its-Fleet

In order to promote Pakistan’s real estate industry, Real Estate and Investment Pakistan Expo (RIPE) is preparing for the mega event at Sharjah Expo Centre. The event w ill be held on September 22-23, 2017. The expo w ill be attended by a number of participants from all over Pakistan as w ell as participants from Russia, China, African countries and other parts of the world. http://nation.com.pk/business/17-Aug-2017/reap-to-organise-two-day-sharjah-expo

   

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