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Oil prices jump amid bloodshed in Egypt
Source: Geo News | 03-07-2013

SINGAPORE: Oil prices rose sharply in Asian trade Wednesday on growing concerns that the escalating political crisis in Egypt could affect the rest of the Middle East and disrupt world crude supplies, analysts said.

New York's main contract, West Texas Intermediate (WTI) light sweet crude for delivery in August, was up $2.20 at $101.80 a barrel in mid-morning trade, while Brent North Sea crude for August gained $1.11 to $105.11.

WTI had jumped $1.61 to close at $99.60 in New York, its highest settling point since May 2012. Brent crude spiked $1 to $104.00 in US trade.

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Source: Tribune | 14-02-2013
Coal-fired power plant: Govt’s about-turn paves way for $900m ADB loan Giving in to the pressure from an international lender, the government has reversed its decision on consuming domestic coal for power generation as the Council of Common Interests has approved using a blend of imported and Thar coal in power plants. The move will pave the way for an early sanction of a $900 million loan by the Asian Development Bank that ..... Read more
Source: The Nation | 02-05-2013
Country offers vast incentives to foreign investors, says Rahimtoola Pakistan’s investment policy is to actively seek foreign investment by offering a broad array of incentives to attract new capital inflows. This was stated by Maqbool H. H. Rahimtoola, Minister for Commerce, who is leading the Pakistan delegation at the Annual Investment Meeting (AIM) in Dubai, a press release received here Wednesday said. The ..... Read more
Source: The Nation | 04-03-2013
Rs 168m projects for uplift of livestock sector in Fata To bring white revolution and fulfill people’s meat demands, the government has decided to launch two mega projects for uplift of livestock sector in Federally Administered Tribal Areas (FATA) areas shortly to bolster income of tribal people especially of women folk. One of the mega projects is “Calves Fattening Project” that would be ..... Read more
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Source: Dunya News | 06-05-2014
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