Asad Toor assailants will be behind bars soon, interior minister claims

Federal interior minister Sheikh Rasheed Ahmad said Saturday in the wake of an alleged attack on journalist Asad Toor which prompted protests that some people are trying to malign sensitive state institutions in the case.

The federal minister said the ministry has collected concrete video evidence of incident and a probe is underway to zero in on the assailants who led the attack on Toor.

Islamabad police and Federal Investigation Agency are working in alliance to investigate the collected evidence, he said.

Whoever is found guilty of the wrongdoing and assailing the journalist will be taken to task and held accountable for his actions soon, Ahmad said.

Separately today on the political front, the head of Pakistan Democratic Movement (PDM) Maulana Fazlur Rehman said in a press conference following the huddle amongst the opposition alliance a new strategy of protests and marches starting July has been hammered out.

The situation of this region is getting worse, JUI-F chief Maulana Fazlur Rahman said referring to the security state and terrorism after the huddle where he said all allies sat together.

He noted Pakistan Peoples Party and Awami National Party are not parts of PDM and thus these parties were not discussed in the least today.

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Fawad holds PML-N, PPP responsible for economic crisis

Federal Minister for Information and Broadcasting Fawad Chaudhry on Sunday held Pakistan Muslim League-Nawaz (PML-N) and the Pakistan People’s Party (PPP) for the country’s economic crisis.

In a series of Tweets, Fawad said, Pakistan is facing economic crisis due to ineffective policies of PML-N and PPP governments.

پاؤں پرکھڑا کرنےکی اس کوششش میں بھرپورحصہ ڈالا اور1,000ارب روپیہ پاکستان بھیجا، گندم،چاول،گنااور مکئ کی تاریخی پیداوار ہوئ زرعی معیشت میں 1100ارب روپیہ منتقل ہوااس سے کسانوں کی قوت خرید میں بھرپور اضافہ ہوا,ٹریکٹر 64% زیادہ فروخت ہوئے کھاد اور زرعی ادویات کے استعمال میں اضافہ ہوا

— Ch Fawad Hussain (@fawadchaudhry) May 30, 2021

Fawad further said that the policies of Pakistan Tehreek-e-Insaf (PTI) are boosting the economic growth of the country.

For the first time, Rs4 billion tax has been gathered, he added.

The minister maintained that historical production of wheat, rice, sugarcane and corn has been recorded during PTI tenure.

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PM Imran Khan to take live calls from public today

Prime Minister Imran Khan will interact with the general masses via telephone again today (Sunday) for a fourth time.

The prime minister has been taking live calls from the masses and answering their queries for the past couple of months.

This is the fourth time he will be interacting with the public. Today, the transmission will begin at 4:00pm.

If you wish to speak to PM Khan, call on 051-9224900.

The interaction will be broadcast live on television, radio and digital media.

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Asad Toor assailants will be behind bars soon, interior minister claims

Federal interior minister Sheikh Rasheed Ahmad said Saturday in the wake of an alleged attack on journalist Asad Toor which prompted protests that some people are trying to malign sensitive state institutions in the case.

The federal minister said the ministry has collected concrete video evidence of incident and a probe is underway to zero in on the assailants who led the attack on Toor.

Islamabad police and Federal Investigation Agency are working in alliance to investigate the collected evidence, he said.

Whoever is found guilty of the wrongdoing and assailing the journalist will be taken to task and held accountable for his actions soon, Ahmad said.

Separately today on the political front, the head of Pakistan Democratic Movement (PDM) Maulana Fazlur Rehman said in a press conference following the huddle amongst the opposition alliance a new strategy of protests and marches starting July has been hammered out.

The situation of this region is getting worse, JUI-F chief Maulana Fazlur Rahman said referring to the security state and terrorism after the huddle where he said all allies sat together.

He noted Pakistan Peoples Party and Awami National Party are not parts of PDM and thus these parties were not discussed in the least today.

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Fawad holds PML-N, PPP responsible for economic crisis

Federal Minister for Information and Broadcasting Fawad Chaudhry on Sunday held Pakistan Muslim League-Nawaz (PML-N) and the Pakistan People’s Party (PPP) for the country’s economic crisis.

In a series of Tweets, Fawad said, Pakistan is facing economic crisis due to ineffective policies of PML-N and PPP governments.

پاؤں پرکھڑا کرنےکی اس کوششش میں بھرپورحصہ ڈالا اور1,000ارب روپیہ پاکستان بھیجا، گندم،چاول،گنااور مکئ کی تاریخی پیداوار ہوئ زرعی معیشت میں 1100ارب روپیہ منتقل ہوااس سے کسانوں کی قوت خرید میں بھرپور اضافہ ہوا,ٹریکٹر 64% زیادہ فروخت ہوئے کھاد اور زرعی ادویات کے استعمال میں اضافہ ہوا

— Ch Fawad Hussain (@fawadchaudhry) May 30, 2021

Fawad further said that the policies of Pakistan Tehreek-e-Insaf (PTI) are boosting the economic growth of the country.

For the first time, Rs4 billion tax has been gathered, he added.

The minister maintained that historical production of wheat, rice, sugarcane and corn has been recorded during PTI tenure.

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PM Imran Khan to take live calls from public today

Prime Minister Imran Khan will interact with the general masses via telephone again today (Sunday) for a fourth time.

The prime minister has been taking live calls from the masses and answering their queries for the past couple of months.

This is the fourth time he will be interacting with the public. Today, the transmission will begin at 4:00pm.

If you wish to speak to PM Khan, call on 051-9224900.

The interaction will be broadcast live on television, radio and digital media.

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Oman Arab Bank launches $250 million debut bond deal

Oman Arab Bank was set to raise $250 million on Thursday in its first foray in the international debt markets with an Additional Tier 1 perpetual bond issue, a document showed.

The bank launched the bonds at a yield of 7.625% after initial price guidance in the low 8% range for the AT1 bonds after it received more than $1.1 billion in orders, the document from one of the banks on the deal showed.

AT1 bonds are at the higher end of the risk spectrum of bank debt issues. They are perpetual in nature but issuers can redeem them after a specified period. Oman Arab Bank’s bonds will be non-callable (redeemable) for five years.

The deal is the latest in a series of AT1 bond issues from the oil-rich Gulf this year, as banks take advantage of low interest rates to bolster their Tier 1 capital after the region’s economies were hit by the double shock of the COVID-19 pandemic and last year’s historic slide in oil prices.

Emirates NBD Capital, First Abu Dhabi Bank, Kamco Invest, Standard Chartered Bank and Ubhar Capital are arranged the deal.

Oman Arab Bank issued AT1 bonds denominated in Omani rials in 2016 and 2018.

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