Foreign remittances increased by 50% in July

Overseas Pakistanis Foundation (OPF) Managing Director Iftikhar Hussain Babar on Friday said the foreign remittances increased by 50 percent during the first month of the fiscal year 2013-14. He said the remittances increased due to the incentives offered by OPF to expatriates. Overseas Pakistanis are offered with various incentive cards …

Real estate business doing well in Islamabad

BY FAZAL SHER & WAQAR LILLAH The real estate business in federal capital has witnessed 50 percent increase during the last few months due to migration of a number of well-off families from Khyber Pakhtunkhwa (KP) and Karachi to Islamabad because of deteriorating law and order situation in areas where …

FIA puts DHA value, business at stake

By Ashraf Javed (“The Nation” report) LAHORE: While terming the Supreme Court of Pakistan’s order as judicial activism, a senior official of the Defence Housing Authority (DHA) has said that depositing more than Rs 22 billion on a short notice was impossible. Talking to The Nation on the condition of …

Supreme court orders freezing DHA Islamabad accounts

The Pakistani Supreme Court on Friday ordered freezing of accounts of the Islamabad and Rawalpindi wings of the Defence Housing Authority (DHA), a establishment run under the umbrella of the army. The top court ordered the freeze during the hearing of a case related to alleged irregularities in the accounts …

Right of vote to overseas Pakistanis

Senate body prepares draft act Islamabad: Senate Standing Committee on Overseas Pakistanis has been informed that draft act regarding the right of vote to overseas Pakistanis has been prepared; meanwhile its approval would be taken from federal cabinet soon. The expatriate Pakistanis would use their right of vote in the next …