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Oil prices mixed after weak US jobs report

Source: Geo News | 05-08-2013

SINGAPORE: Oil prices were mixed in Asian trade Monday after a tepid US jobs report last week raised concerns about demand in the world's top crude consumer, analysts said.

New York's main contract, West Texas Intermediate for delivery in

September, shed two cents to $106.92 a barrel in morning trade, and Brent North Sea crude for September rose nine cents to $109.04.

FBR notifies upgradation of 8 FBR cadres

Source: The Nation | 09-01-2013

The FBR Federal Revenue Alliance Union on Tuesday held a ceremony to pay tribute to FBR Chairman Ali Arshad Hakeem for accepting the longstanding demand of the union to upgrade FBR’s almost eight cadres. The ceremony was held at Regional Tax Office, Lahore and attended by hundreds of employees, who were in joyous mood to celebrate their up-gra..... Read more

Pakistan as a global leader in Islamic banking and finance

Source: Tribune | 25-03-2013

In recent years, Islamic banking and finance in Pakistan has experienced phenomenal growth. Islamic deposits – held by fully-fledged Islamic banks and Islamic windows of conventional banks – at present stand at 9.7% of total bank deposits in the country: meaning that every 10th rupee is now being deposited in an Islamic bank account. Similarly..... Read more

OGRA withdraws hike in POL prices on PM's orders

Source: Dawn News | 04-03-2013

Following the orders of Prime Minister of Pakistan, Raja Pervez Ashraf, the Oil & Gas Regulatory Authority (OGRA) has finally denotified a recent hike in petroleum products bringing the prices back to February-28-level. The new prices take effect from Saturday midnight (March 4).Earlier, taking notice of the upward revision in petroleum prices, prime..... Read more

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