Pakistan’s economy is in a turmoil for the last few months and almost every sector seems to be a victim of it. The recent data released by the Pakistan Bureau of Statistics (PBS) has revealed that in December, the textile exports fell 16.47% compared to the same month last year. The exports stood at $1.35 […]
The government of Pakistan has taken a step towards improving the financial assistance process for the beneficiaries of Benazir Income Support Programme (BISP) by introducing a new mechanism of sending payments directly into the bank accounts of the beneficiaries. This was announced by Federal Minister for Poverty Alleviation and Social Safety, Shazia Marri, who is […]
Zameen.com recently organized another successful Property Sales Event (PSE) in Lahore. More than 45 investment projects were also presented at the event, including Gulberg City Center, 102 by Icon, Beach Resort by Icon, and Jinnah Square Residential Apartments. The marketing campaign launch of Gulberg City Center was also organized. CEO Gulberg City Center Islam Khan […]
The World Bank recently announced a delay in the release of a $1.1 billion loan to Pakistan. The loan, which was intended to support economic reforms and development projects in the country, has been put on hold due to a number of issues that have arisen. In this blog post, we will take a closer […]
According to a source in the finance ministry, the World Bank has delayed the approval of $1.1. bn loan to Pakistan until the next financial year due to tariff revision and circular debts in the energy sector. The source has told Reuters that the loan has been pending since June. They said, “The major issue […]
Mohammad Al-Jadaan, Foreign Minister of Saudi Arabia, said that his country is discussing “more creative ways” to provide support to Pakistan. He added that we are talking to the World Bank and others in this regard. The Foreign Minister also said that Saudi Arabia is revisiting the ways it used to provide assistance to its […]
At the International Chambers Summit 2023, the 54 business bodies from Pakistan’s Chambers of Commerce and Industry agreed to boycott the upcoming general elections if charter is not signed by all concerned political parties. The summit was organized by the Rawalpindi Chamber of Commerce and Industry where the business community also conveyed their concerns to […]
The International Monetary Fund (IMF) has recently called for an increase in electricity and gas prices in Pakistan to revive the country’s IMF program. This decision has been met with mixed reactions, as increasing energy prices is likely to have a significant impact on the everyday lives of citizens, especially for those living in poverty. […]
Islamabad, the capital city of Pakistan, is known for its natural beauty and scenic views. The city is home to many parks and recreational areas, but none compare to the size and grandeur of Fatima Jinnah Park. Recently, the park has undergone a major renovation and now features a state-of-the-art cycling track. Fatima Jinnah Park, […]
The Pakistani government has recently announced the cost schedule for obtaining the new Machine Readable Passports (MRPs). The pricing plan for diplomatic, official, and regular citizens has been released. Regular citizens will be able to obtain MRPs when their current passport expires. Initially, MRPs will only be issued in Islamabad, with the schedule for the […]
In 2022, Pakistan’s manpower exports reached a 7-year peak. This is a significant achievement for the country, as it demonstrates the strength of its workforce and the demand for Pakistani workers abroad. The main drivers of this increase in exports are the construction, manufacturing, and service sectors. These industries have been in high demand in […]
Pakistan Railways (PR) is set to receive its first consignment of entirely built units (CBUs) of 70 high-capacity flat wagons from China on Monday, January 24th. The shipment, which was dispatched on December 25th by the Chinese firm, will reach Karachi port on Monday. These flat wagons will be used for the transportation of various […]
In a recent statement, Minister of Petroleum and Natural Resources, Dar, announced that prices of petroleum products will remain unchanged until January 31st. This decision was made after a thorough review of the current market conditions and in an effort to provide relief to the general public. Petroleum products such as gasoline, diesel, and kerosene […]
The Pakistan Meteorological Department (PMD) has issued a warning that the ongoing cold wave in Karachi is expected to intensify tonight and continue till January 16th. The temperature is likely to drop to as low as 5-3 degrees Celsius during this period. In addition, the PMD stated that snowfall has stopped in Muree, but the […]
Pak Suzuki Motor Company (PSMC), one of the country’s largest car manufacturers, once again extended its closure till January 20 owing to inventory shortages. The production activities of the automobile company have remained suspended for most days since the start of the new year, blaming a dearth of imported parts and accessories, as banks are rejecting or […]
The Securities and Exchange Commission of Pakistan (SECP) has recently issued a directive for all Islamic financial institutions to establish Shariah compliance units within their organizations. The purpose of these units is to ensure that all financial products and services offered by these institutions comply with the principles of Islamic law, also known as Shariah. […]
The Famous Indian actor Shah Rukh Khan has been listed among the top Richest Actors in the world. Jerry Seinfeld stands first in the list of the Richest actors in the World, it is followed by Tyler Perry, Dwayne Johnson, and Shahrukh Khan. The net worth is followed by $1 Billion, $1 Billion, $800 million, […]
In 76 years of independence from the British regime, Pakistan never witnessed a digital census, even though many developing and underdeveloped countries consider the medium potent enough to conduct the census. However, Pakistan will take another step toward strengthening its digital facet by hosting the first-ever digital census. Pakistan’s 2023 census will be a 40-point […]
The third, final, and decisive Match of the one-day international series between Pakistan and New Zealand will be played at National Bank Arena Karachi today. New Zealand leveled the series 1-1 after defeating Pakistan by 79 runs in the second ODI on Wednesday. Pakistan won the first ODI by six wickets on Monday. The toss […]
The government of Punjab, Pakistan has recently announced a new dress code for students in the province. The new dress code is aimed at promoting a sense of discipline and respect among students, as well as creating a more professional and formal learning environment. The dress code for male students includes a white shirt, black […]
