MT Vasudevan Nair, the famous Indian screenwriter, director and novelist, died on December 25 in a hospital in Kozhikode after being admitted due to breathing difficulties. He was 91 years old. His contributions to Malayalam language cinema and literature redefined storytelling in the southern Indian state of Kerala where he was born. Nair’s early exposure … Read more
Dubai’s main stock index reached its highest level in more than a decade on Wednesday, rising 0.1% to close at 5,084 points, its highest level in 10 years and three months. Other Gulf markets were weak as investors expected smaller interest rate cuts by the US Federal Reserve next year. Emirates NBD Bank shares gained … Read more
Art Evans, the film and television actor known for his roles in “Die Hard 2” and “Fright Night,” died on December 21 at the age of 82. Evans’ death was confirmed diverse By publicist Erica Huntzinger. The cause of death was not revealed, although the obituary noted that he “died peacefully” while “surrounded by his … Read more
The Pakistan Startup Ecosystem Report 2024 (PSER 2024) released by Invest2Innovate (i2i) highlights the resilience of Pakistani founders in a challenging global environment while identifying key opportunities and barriers to entrepreneurial growth in the country. The report, launched on Thursday, is the fourth edition of i2i’s flagship initiative and was presented during an event attended … Read more
Islamabad: Finance Minister Muhammad Aurangzeb categorically denied any proposal to reduce the retirement age for government employees to 55 years. Addressing the Senate Standing Committee on Finance on Wednesday, he dismissed the idea as baseless and made clear that no such plan was under consideration. The committee meeting, chaired by Senator Salim Mandviwala, included a … Read more
Marvin Laird, the award-winning Broadway and film composer who also conducted concerts for major stars like Diana Ross and Bernadette Peters, died Monday in Connecticut of natural causes. He was 85 years old. Laird has been involved in numerous hits on stage and the big screen. His most notable Broadway shows include “Annie,” “Get Your … Read more
KARACHI: Celebrations filled with unwavering dedication and lavish prestige marked the 75th anniversary of the National Bank of Pakistan (NBP). The event was held at the historic Mohatta Palace in Karachi, and was attended by dignitaries from the government, business community and clients from across the country. Mr. Rehmat Ali Hasni, Chairman, National Bank of … Read more
Victories by the Securities and Exchange Commission of Pakistan (SECP) are few and far between when it comes to capital markets. When they end up with a win in their column, it’s cause for celebration. Even if it comes 24 years after the original order was issued. This is exactly what happened earlier this month, … Read more
David Korda, the British film producer and financier who came from a family of prominent directors including his father, Zoltan Korda, has died. He was 87 years old. Korda’s death was revealed on November 16 by film historian Charles Drazin via social media. Korda died on September 18 at Cromwell Hospital in London after a … Read more
Two Somali pirates sentenced to 30 years in prison for kidnapping American journalist Michael Scott Moore and held him hostage for 977 days, federal prosecutors said Tuesday. Moore, a freelance journalist, traveled to Somalia in 2012 to study piracy and the country’s economy. On January 21, he was kidnapped by several heavily armed men and … Read more