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SECP Cracks Down on Loan Apps, Protects Borrowers

The Securities and Exchange Commission of Pakistan (SECP) has announced new rules to crack down on predatory loan apps and protect borrowers. The new rules require loan apps to be registered with the SECP and to comply with a number of regulations, including: The SECP has also warned borrowers to be wary of loan apps […]

1 min read

Pakistan’s Homegrown Messaging App Will be Available for Public Use Within a Year

In an interesting turn of events, Syed Aminul Haque, Federal Minister for IT and Telecommunication revealed Pakistan’s first-ever WhatsApp like Beep communication application called Beep. Beep Pakistan is aimed to enhance digital communication within government organizations. The app is developed by the National Information Technology Board (NITB) and was officially launched on Monday. Beep boasts […]

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Samsung Ready to Launch its First Smart Ring in November

Samsung is gearing up to launch its first smart ring in November. The ring, which is codenamed “Project Gem,” is designed to be a more modest and wearable alternative to smartwatches and fitness trackers. The ring is said to be made of titanium and will be available in two sizes. It will have a small […]

1 min read

Alibaba Releases Open-Sourced AI Models to Challenge Meta Platform

Alibaba is taking on Meta with its own open-sourced artificial intelligence (AI) model. The Chinese tech giant has released two versions of its large language model (LLM) called Tongyi Qianwen, which can generate content in English and Chinese. The models, named Qwen-7B and Qwen-7B-Chat, have seven billion parameters each and are free to use for […]

1 min read

Pfizer to Launch a Global Cost-cutting Program If COVID-19 Vaccine Keeps Underperforming

The pharmaceutical giant Pfizer has announced that it will scale back its investment if the demand for COVID vaccine remains low this year. Pfizer also announced it to initiate a cost-cutting program if it’s COVID-19 and antiviral medications continue to underperform due to low demand. The company also said that this year’s fall demand is […]

1 min read

Here is Everything You Need to Know About this 21-Foot Hummer Which is Taller Than Your Apartment

You might have seen many huge vehicles, however, Hummer H1 is gigantic. It is so massive that a regular apartment may look small in front of this Hummer. The 21-foot-tall vehicle is owned by Dubai‘s Sheikh Hamad Al Nahyan. You might be thinking that this is just a display model and not a real car. […]

1 min read

Saudi Arabia Plans to Invest $24bn in Pakistan

Musadik Malik, Pakistan’s Minister of State for Petroleum said that Saudi Arabia is willing to invest $24 billion in Pakistan. He was talking to a local TV channel and mentioned that Pakistan is welcoming investment in energy, IT and agriculture sectors. Ishaq Dar, Finance Minister Pakistan, has also confirmed in a press conference that Saudi […]

1 min read

KSE-100 Index Gains 49,000 Points After Six Years

Good news coming from the Pakistan Stock Exchange (PSX) as it rises above 49,000 points in the early hours of Thursday. The KSE-100 index managed to gain 578.13 points as compared to yesterday’s closing points of 48,764.55 and reached 49,342.68 points today morning. Arif Habib Corporation took to Twitter and mentioned that the KSE-100 index […]

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Empowering Internet Users in Pakistan: Ensuring Transparent Internet Services, Invoice and Receipt, and Tax Compliance

In today’s digital age, internet services have become an integral part of our daily lives, transforming how we connect and engage with the world. This article is being written to raise awareness among general internet users about the importance of selecting the service provider, requesting internet invoices and receipts, verifying taxes on these invoices, and […]

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Xiaomi Launches Redmi Note 12 Series Inspiring Users to “Live Vivid”

Lahore, July 31st, 2023 – Xiaomi today announced the highly anticipated release of the Redmi Note 12. The popular phone set Redmi Note 12 features a series of new variants. Redmi Note 12 has remarkable enhancements to the features that matter most to its fans. These upgrades include the camera system, battery life, charging speed, […]

1 min read

Prince William Surprised Customers by Serving Them Burgers

Prince William was found serving environmentally friendly burgers to hungry customers from a food truck on Sunday in London. According to a video released, the heir to the British throne served “Earthshot Burgers” to appreciate the winners of his last year’s Earthshot Prize, which aims to combat environmental issues. The prince said, “Coming right up,” […]

2 mins read

Yango set to revolutionize inter-city travel in Pakistan

The international ride-hailing service, Yango, has arrived in Pakistan and is set to revolutionize how people travel and experience life in the country. With operations in the twin cities of Islamabad and Rawalpindi, as well as the vibrant city of Lahore, Yango will open the door to a world of possibilities, improving mobility within the […]

1 min read

Yango kickstarts its operations in Pakistan with a grand launch event

The renowned international ride-hailing service, Yango, was officially launched during a special event held in Lahore. With a reputation that spans across Europe, the Middle East, Latin America, and even Sub-Saharan Africa, Yango has firmly established itself as one of the leading players in the global mobility market. The service recently began operating in the […]

1 min read

HBL Contributes Over Rs. 4 Billion to Social Uplift of Pakistan

HBL, with a decade-long commitment to social upliftment, has contributed over Rs 4 billion to Pakistan’s development. In 2022 alone, the Bank contributed over Rs. 580 million, showcasing its dedication to making a meaningful impact in the communities it serves. HBL recently launched its ‘Impact & Sustainability Report – 2022’ in Karachi, highlighting its role […]

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Pakistan to Move Forward on Central Asian Regional Economic Program

Pakistan has taken a significant step by initiating a consultative process to become part of the pilot project of the Central Asian Regional Economic (CAREC) Advanced Transit System (CATS) and Information Common Exchange. The primary objective of this initiative is to streamline and harmonize transit documentation, establish a unified electronic messaging system, and introduce a […]

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China Fears Worst Ever Draught in 60 Years As Temperature Rises to 52.2 Celsius

The temperature in a China’s northwest remote town crossed more than 52 Celsius (126 Fahrenheit) on Sunday as reported by the state media. This news made it to headlines across the globe because just six months ago, China was facing minus 50°C temperature. The temperature in Sanbao, Xinjiang’s Turpan Depression is likely to remain the […]

1 min read

“Education is Priority”; Pakistan to Educate 20 Million Out-of-school Children, Says Minister

Image: Pakistan Today Rana Tanveer, Federal Education Minister, while attending the stone-laying ceremony of Allama Iqbal Open University (AIOU) in Sheikhupura said that his government has been planning to make education accessible to 20 million out-of-school children in Pakistan. He said, “Education has always been our priority.” He further said that the Vice Chancellor of […]

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Jugnu, Prominent Pakistani Startup, Shifts Business Strategy

Jugnu, a prominent player in Pakistan’s startup ecosystem, has announced its decision to cease its core business operations in the B2B e-commerce supply chain. The company will be pivoting towards a tech-platform approach, utilizing its extensive technology and data suite to enable commerce, financial inclusion, and other enhancements. This strategic shift is motivated by the […]

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FIA Cracks Down on Loan App Mafia: Nine Suspects Arrested for Blackmailing Borrowers

The Cybercrime Wing of the Federal Investigation Agency (FIA) has made a significant breakthrough in the fight against the loan app mafia, arresting nine suspects involved in blackmailing individuals who borrowed money from these apps. The operations took place in the Saidpur Road area, and the FIA has also initiated investigations against 19 additional potential […]

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Is Pakistan Facing the Worst Ever Brain Drain?

More than 1.2 million young people have left Pakistan for a better future Image: Wego Travel Blog It seems like that the only objective driving the lives of Pakistani youth is going abroad in search of better opportunities. According to the official data, more than 400,000 highly qualified young Pakistanis have left the country during […]