Seven dead in attack on Pakistan Stock Exchange in Karachi


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At least seven people including four attackers died after gunmen attacked Karachi's stock exchange building on Monday morning.
Police said four men  stormed the building in Pakistan's financial centre and were killed after paramilitary rangers responded.

Two guards and a policeman were killed in the attack, which was later claimed by the Balochistan Liberation Army, a separatist militant group from a neighbouring province.

The militants launched a grenade attack at the main gate before running into the building and firing indiscriminately.

The building is in a high-security zone and also houses the head offices of many private banks.

Employees sheltered inside as the shooting raged for nearly an hour.

Rizwan Ahmed, a police official at the scene, told the Associated Press that food supplies were found on the bodies of the gunmen, indicating they may have planned a long siege.

Pakistani politicians praised the security forces and guards at the building who appeared to have prevented what could have been a far more deadly incident.

The Balochistan Liberation Army released a photograph of the four militants from its Majeed suicide brigade.

The men were pictured in fatigues and named as Tasleem Baloch, alias Muslim, Shehzad Baloch, alias Cobra, Salman Hammal, alias Notak and Siraj Kungur, alias Yaagi.

The Balochistan Liberation Army released a photograph of the four militants from its Majeed suicide brigade.
The Balochistan Liberation Army released a photograph of the four militants from its Majeed suicide brigade.

Karachi was for years notorious for violence after ethnic divides, terrorism and organised crime plunged the country's financial hub into near chaos.

Recent years have seen a dramatic improvement in security in the sprawling port city of more than 20 million, although Baloch separatist militants attacked the city's Chinese consulate in 2018.

Imran Ismail, governor of Sindh province which includes Karachi, condemned the attack, saying it was “aimed at tarnishing our relentless war on terror”.

He said he had ordered security agencies “to ensure that the perpetrators are caught alive and their handlers are accorded exemplary punishments. We shall protect Sindh at all costs.”

Unverified photographs and film footage posted on social media purporting to come from the attack showed dead or badly wounded people lying in pools of blood on the pavement outside and blood-spattered corridors inside a building.

Speaking to Geo TV, Karachi's inspector general said the situation was under control and all the attackers were dead.

He said the attackers were disguised as off-duty policemen and had arrived at the scene in two sedans.

Pakistan's security situation has improved greatly over recent years after 15 years of widespread bloodshed and insurgency from 2001 onwards.

But Baloch militants and the remnants of the Pakistani Taliban have continued to strike military and government targets, largely in Balochistan and Khyber Pakhtunkhwa provinces.

The Balochistan Liberation Army sent suicide attackers to the Chinese consulate in November 2018, and a hotel in the new port of Gwadar in May 2019.

The separatist movement, which is designated a terrorist group by the US and UK, says it is fighting for independence for Balochistan. The British government's designation described it as "comprised of tribal groups based in the Balochistan area of Eastern Pakistan, which aims to establish an independent nation encompassing the Baloch-dominated areas of Pakistan, Afghanistan and Iran".

Pakistan says it is a proxy funded by India and Afghanistan.

The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

UAE currency: the story behind the money in your pockets

Company profile

Name: GiftBag.ae

Based: Dubai

Founded: 2011

Number of employees: 4

Sector: E-commerce

Funding: Self-funded to date

While you're here
Skoda Superb Specs

Engine: 2-litre TSI petrol

Power: 190hp

Torque: 320Nm

Price: From Dh147,000

Available: Now

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Artist: Coldplay

Label: Parlophone/Atlantic

Number of tracks: 10

Rating: 3/5

Name: Peter Dicce

Title: Assistant dean of students and director of athletics

Favourite sport: soccer

Favourite team: Bayern Munich

Favourite player: Franz Beckenbauer

Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates 

 

THE BIO

Family: I have three siblings, one older brother (age 25) and two younger sisters, 20 and 13 

Favourite book: Asking for my favourite book has to be one of the hardest questions. However a current favourite would be Sidewalk by Mitchell Duneier

Favourite place to travel to: Any walkable city. I also love nature and wildlife 

What do you love eating or cooking: I’m constantly in the kitchen. Ever since I changed the way I eat I enjoy choosing and creating what goes into my body. However, nothing can top home cooked food from my parents. 

Favorite place to go in the UAE: A quiet beach.

VEZEETA PROFILE

Date started: 2012

Founder: Amir Barsoum

Based: Dubai, UAE

Sector: HealthTech / MedTech

Size: 300 employees

Funding: $22.6 million (as of September 2018)

Investors: Technology Development Fund, Silicon Badia, Beco Capital, Vostok New Ventures, Endeavour Catalyst, Crescent Enterprises’ CE-Ventures, Saudi Technology Ventures and IFC

Key products and UAE prices

iPhone XS
With a 5.8-inch screen, it will be an advance version of the iPhone X. It will be dual sim and comes with better battery life, a faster processor and better camera. A new gold colour will be available.
Price: Dh4,229

iPhone XS Max
It is expected to be a grander version of the iPhone X with a 6.5-inch screen; an inch bigger than the screen of the iPhone 8 Plus.
Price: Dh4,649

iPhone XR
A low-cost version of the iPhone X with a 6.1-inch screen, it is expected to attract mass attention. According to industry experts, it is likely to have aluminium edges instead of stainless steel.
Price: Dh3,179

Apple Watch Series 4
More comprehensive health device with edge-to-edge displays that are more than 30 per cent bigger than displays on current models.

UAE currency: the story behind the money in your pockets
Haircare resolutions 2021

From Beirut and Amman to London and now Dubai, hairstylist George Massoud has seen the same mistakes made by customers all over the world. In the chair or at-home hair care, here are the resolutions he wishes his customers would make for the year ahead.

1. 'I will seek consultation from professionals'

You may know what you want, but are you sure it’s going to suit you? Haircare professionals can tell you what will work best with your skin tone, hair texture and lifestyle.

2. 'I will tell my hairdresser when I’m not happy'

Massoud says it’s better to offer constructive criticism to work on in the future. Your hairdresser will learn, and you may discover how to communicate exactly what you want more effectively the next time.

3. ‘I will treat my hair better out of the chair’

Damage control is a big part of most hairstylists’ work right now, but it can be avoided. Steer clear of over-colouring at home, try and pursue one hair brand at a time and never, ever use a straightener on still drying hair, pleads Massoud.

Red flags
  • Promises of high, fixed or 'guaranteed' returns.
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  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

Fresh faces in UAE side

Khalifa Mubarak (24) An accomplished centre-back, the Al Nasr defender’s progress has been hampered in the past by injury. With not many options in central defence, he would bolster what can be a problem area.

Ali Salmeen (22) Has been superb at the heart of Al Wasl’s midfield these past two seasons, with the Dubai club flourishing under manager Rodolfo Arrubarrena. Would add workrate and composure to the centre of the park.

Mohammed Jamal (23) Enjoyed a stellar 2016/17 Arabian Gulf League campaign, proving integral to Al Jazira as the capital club sealed the championship for only a second time. A tenacious and disciplined central midfielder.

Khalfan Mubarak (22) One of the most exciting players in the UAE, the Al Jazira playmaker has been likened in style to Omar Abdulrahman. Has minimal international experience already, but there should be much more to come.

Jassim Yaqoub (20) Another incredibly exciting prospect, the Al Nasr winger is becoming a regular contributor at club level. Pacey, direct and with an eye for goal, he would provide the team’s attack an extra dimension.

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UAE currency: the story behind the money in your pockets
The Vile

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Director: Majid Al Ansari

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MATCH INFO

Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid

When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid

MATCH INFO

What: 2006 World Cup quarter-final
When: July 1
Where: Gelsenkirchen Stadium, Gelsenkirchen, Germany

Result:
England 0 Portugal 0
(Portugal win 3-1 on penalties)

The specs

Engine: 3.9-litre twin-turbo V8
Power: 620hp from 5,750-7,500rpm
Torque: 760Nm from 3,000-5,750rpm
Transmission: Eight-speed dual-clutch auto
On sale: Now
Price: From Dh1.05 million ($286,000)

Babumoshai Bandookbaaz

Director: Kushan Nandy

Starring: Nawazuddin Siddiqui, Bidita Bag, Jatin Goswami

Three stars

Ain Dubai in numbers

126: The length in metres of the legs supporting the structure

1 football pitch: The length of each permanent spoke is longer than a professional soccer pitch

16 A380 Airbuses: The equivalent weight of the wheel rim.

9,000 tonnes: The amount of steel used to construct the project.

5 tonnes: The weight of each permanent spoke that is holding the wheel rim in place

192: The amount of cable wires used to create the wheel. They measure a distance of 2,4000km in total, the equivalent of the distance between Dubai and Cairo.

Padmaavat

Director: Sanjay Leela Bhansali

Starring: Ranveer Singh, Deepika Padukone, Shahid Kapoor, Jim Sarbh

3.5/5

UAE players with central contracts

Rohan Mustafa, Ashfaq Ahmed, Chirag Suri, Rameez Shahzad, Shaiman Anwar, Adnan Mufti, Mohammed Usman, Ghulam Shabbir, Ahmed Raza, Qadeer Ahmed, Amir Hayat, Mohammed Naveed and Imran Haider.

Frankenstein in Baghdad
Ahmed Saadawi
​​​​​​​Penguin Press

New UK refugee system

 

  • A new “core protection” for refugees moving from permanent to a more basic, temporary protection
  • Shortened leave to remain - refugees will receive 30 months instead of five years
  • A longer path to settlement with no indefinite settled status until a refugee has spent 20 years in Britain
  • To encourage refugees to integrate the government will encourage them to out of the core protection route wherever possible.
  • Under core protection there will be no automatic right to family reunion
  • Refugees will have a reduced right to public funds
Specs

Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request