KARACHI: Pakistan Stock Exchange above the 98,000 mark on Friday as share prices surged more than 2,000 points in intraday trade
Lebanese President Aoun designates Saad Hariri as new prime minister
BEIRUT: In Lebanon, President Michel Aoun designated Muslim politician Saad al-Hariri as prime minister to form a new government to tackle the worst crisis since the country’s 1975-1990 civil war.
Hariri won the backing of a majority of parliamentarians in consultations with Aoun. Today’s nomination follows weeks of political wrangling that has delayed a deal on a new government.
Sunni leader Hariri’s last coalition government was toppled almost exactly a year ago as protests gripped the country, furious at Lebanon’s ruling elite.
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