Karachi Pakistan

Ending a 15 day slump, Pakistan's Karachi Stock Exchange closed on Friday up 21.86 points, according to The Nation. Earlier in the slump, there had been scenes of violence with angry investors smashing stock exchange windows. Police were called on Thursday after hundreds of the investors charged into the Karachi Stock Exchange shouting anti government slogans. Bloomberg's Farhan Sharif also reported protests outside the Lahore and Islamabad stock exchanges. Scary times. Read Full Story

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MUMBAI: Intelligence officers say that suspicions that Dawood Ibrahim has been detained were arouse when calls to their numbers led to unusual response. “If you called Dawood, Chhota Shakeel or Tiger Memon on their personal phones - the numbers of which are known to only a select few - the phone would never be picked up by anyone else. The strange response at the other end got alarm bells ringing. Finally, sources in Quetta confirmed the detention,” said an intelligence officer. On Monday... Read Full Story

Wind energy project: AEDB contacts Denmark lab for data validationStaff Report ISLAMABAD: The Alternative Energy Development Board (AEDB) has contacted Rise National Laboratory of Denmark for data validation to identify wind energy generation potential in coastal areas of Pakistan, sources told Daily Times on Sunday. Pakistan Meteorological Department has conducted a detailed wind power potential survey of the coastal areas of Pakistan to identify potential areas where economically feasible... Read Full Story

Wind energy project: AEDB contacts Denmark lab for data validationStaff Report ISLAMABAD: The Alternative Energy Development Board (AEDB) has contacted Rise National Laboratory of Denmark for data validation to identify wind energy generation potential in coastal areas of Pakistan, sources told Daily Times on Sunday. Pakistan Meteorological Department has conducted a detailed wind power potential survey of the coastal areas of Pakistan to identify potential areas where economically feasible... Read Full Story