PM Abbasi announces Rs25bn development package for Karachi

Minorities Day being observed today with pledge to give equal rights to all citizen

Prime Minister Shahid Khaqan Abbasi is likely to arrive in Karachi on Saturday (today).

Abbasi will later chair a meeting on Karachi's law and order situation at Governor House.

Speaking about the recent controversial law that repealed the National Accountability Ordinance (NAO) 1999 in Sindh, the prime minister said that the law needs to be reviewed. Prime Minister Abbasi assured the governor that the federal government would continue to cooperate with the Sindh government in development projects.

The prime minister added that he had resigned from the Air Blue board of directors on July 28 to serve the country in the public office.

Syed Murad Ali Shah also called on the premier in Karachi this afternoon. The two representatives discussed collaboration, coordination and cooperation between the federal and provincial units.

PM told Sindh Chief Minister to play his role to improve the link between local, provincial and federal bodies.

Markets extend losses as Korea tensions escalate
Significant strength was also visible among software stocks, as reflected by the 1.2% gain posted by the Dow Jones Software Index. Data storage company Seagate Technology (STX) is posting a standout gain within the hardware sector, climbing by 2.1 percent.

The governor briefed him on the initiatives taken for the development and confidence of the business community.

The premier in his first-ever visit after assuming the charge will pay a visit to the Quaid's mausoleum, ahead of the seventieth independence day.

He also held meetings with leaders from Muttahidda Qaumi Movement-Pakistan (MQM-P) and Pakistan Peoples Party Parliamentarians (PPPP).

The new prime minister commenced his trip by visiting the mausoleum of Quaid-i-Azam Mohammad Ali Jinnah, where he laid a floral wreath.

Shahid Abbasi said all the political parties should join hands to ensure peace and security in the city.

Related news:

Hot News

isis-killer-beheading-video-story-top Anna Paquin jokes about BBC breast broadcast
Aug 12, 2017 - 22:56
Actress Anna Paquin has expressed delight after her boobs were accidentally included during a broadcast of BBC's News At Ten. According to BBC's latest report on the story, Paquin said the " True Blood " scene was "fairy land graveyard sex".

isis-killer-beheading-video-story-top Victor Lindelof could be handed central midfield role, suggests Jose Mourinho
Aug 12, 2017 - 22:43
Lampard has no doubt that Matic's arrival will make United stronger. "We can but we can also play with four in the back", he said. I know he was at Juventus but I don't think he was ever completely their No. 1 striker, slightly in and out at different times.

isis-killer-beheading-video-story-top Trump praises new United Nations sanctions on North Korea
Aug 12, 2017 - 22:38
While the USA position is that North Korea must ultimately give up its nukes, the North insists it must keep them. It has long accused the United States and South Korea of escalating tensions by conducting military drills.

isis-killer-beheading-video-story-top Is this beloved Game Of Thrones character coming back from the dead?
Aug 12, 2017 - 22:35
Thanks to Game of Thrones' penchant for dark colors, I can barely make out any distinguishing features on that woman. I'm not sure if all of this has been pointed out before, but it is worth bringing up.

isis-killer-beheading-video-story-top To stop BJP's 2019 march, Opposition parties to meet in Delhi today
Aug 12, 2017 - 22:28
The parties made a decision to take up the issues of farmers, Dalits, minorities and other marginalised groups during the period. An upset NCP had then announced contesting the assembly polls in alliance with the JD (U).

isis-killer-beheading-video-story-top Trump to direct Lighthizer to assess Chinese intellectual property practices
Aug 12, 2017 - 22:23
The North Korean statement pointed to recent military drills out of that command as reason for its newest threat. Trump tweeted Friday that military solutions are "locked and loaded, should North Korea act unwisely".

Guardiola wants Man City to play like Barca - Toure
Aug 12, 2017 - 22:19
The City boss says that transfer fees can not continue to grow at the current case and expects them to level off at some point. Possibly, the first game of the season may be the best time to play Manchester City, particularly at the Amex.

isis-killer-beheading-video-story-top Rumor: Joss Whedon Is Completely Redoing Justice League's Ending
Aug 12, 2017 - 21:54
In fact, Affleck said he thinks that things are finally starting to work and DC is getting things right as they move forward. Incredible but true, the Justice League will be released finally on our screens in a few months, on November 15, precisely.

isis-killer-beheading-video-story-top The market's reaction to North Korea this week is historically unusual
Aug 12, 2017 - 21:53
Heightened geopolitical tension remained a drag on global equity markets, with havens assets from the yen to gold in demand. ENERGY: Benchmark U.S. crude gained 1 cent to $49.57 a barrel in electronic trading on the New York Mercantile Exchange.

isis-killer-beheading-video-story-top Big Changes Are Coming To Destiny 2's Beta Before PC Release
Aug 12, 2017 - 21:52
A new trailer for Destiny 2 has been released, and this one focuses on the game's competitive multiplayer gameplay. The beta will then open up to anyone who wants to give it a try on the 29th and will conclude on the 31st.

isis-killer-beheading-video-story-top North Korean missiles and the challenges they pose to the United States
Aug 12, 2017 - 21:49
While tensions with North Korea have taken a bite out of the stock market, defense stocks are benefiting. It also has a spotty record, although its most recent test, in May, was a success.

isis-killer-beheading-video-story-top US Stocks Poised for Weekly Decline
Aug 12, 2017 - 21:45
Office Depot tumbled 22.4 percent after the office supplies retailer's quarterly results came in below estimates. Priceline Group dropped 8 percent after issuing a profit forecast that was weaker than analysts were expecting.

isis-killer-beheading-video-story-top Two detained in Dutch tainted eggs investigation
Aug 12, 2017 - 21:44
Products will be withdrawn due to the chemical's unauthorized status, rather than a specific safety concern. This insecticide if consumed in high quantities can cause damage to kidneys, liver and thyroid glands.

isis-killer-beheading-video-story-top Healthcare Realty Trust Incorpo (NYSE:HR) Trading Volume Significantly Higher
Aug 12, 2017 - 21:10
Cbre Clarion Securities LLC purchased a new position in Physicians Realty Trust during the second quarter worth about $46,701,000. Thrivent Financial For Lutherans cut its holdings by shedding 165,660 shares a decrease of 48.5% from 03/31/2017 to 06/30/2017.

isis-killer-beheading-video-story-top Watch Jamie Carragher SHUT DOWN Jamie Redknapp over Liverpool defence
Aug 12, 2017 - 20:56
Jamie Carragher and Jamie Redknapp engage in a heated debate about how to solve Liverpool's problems at defending set-pieces.