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, […]
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 […]
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 […]
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, […]
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 […]
TikTok, and Edtech startup, Edkasa, have announced a scholarship program that will reward online study grants to 18,000 deserving students from across Pakistan. The #ExamReady campaign was designed to help millions of Pakistani students and had over 500 educational videos online, covering Chemistry, Biology, Physics, and Mathematics, including study tips and exam hacks. In September, […]
The recent arrival of 350,000 tonnes of wheat in Karachi, Pakistan, imported from Russia and other countries, is an important development in the country’s ongoing efforts to stabilize its domestic food supply. Wheat is a staple food in Pakistan and plays a crucial role in the country’s agriculture sector. The large influx of wheat will […]
In a recent announcement, a Saudi Prince has revealed plans to create 1,000 new IT jobs in Pakistan and Saudi Arabia over the next five years. This initiative is aimed at promoting economic growth and development in both countries, and providing employment opportunities for young professionals in the IT field. The Prince, who has a […]
The United Nations has made a strong appeal for increased aid to help rebuild and support flood-damaged Pakistan. The country has been hit hard by devastating floods in recent years, with extensive damage to infrastructure, homes, and crops. The floods have also had a major impact on the economy, with many people losing their livelihoods […]
Pakistan’s biggest real estate enterprise Zameen.com, along with Premier Choice International laid the foundation stone of Grand Orchard in Rawalpindi. The Groundbreaking ceremony was held at DHA Phase 1, which was inaugurated by Brigadier Muhammad Jawad Administrator DHA Islamabad/Rawalpindi. He was accompanied by Brigadier Nazir Hussain Khan Retd Secretary DHAI-R, Mohsin Aziz Khawaja Director Marketing […]
Punjab’s Sehat Card Program has provided free healthcare to over 3 million people in the state, making it one of the most successful and impactful healthcare initiatives in the region. The program, which was launched in 2021, aims to provide affordable and accessible medical treatment to all citizens of Punjab, regardless of their income or […]
Pakistan faced off against New Zealand in the second Test of their series, with the match ending in a draw thanks in large part to the efforts of Pakistan captain Sarfaraz Ahmed. The match was evenly contested throughout, with both teams showing strong performances with both bat and ball. New Zealand got off to a […]
The Men’s Asia Cup 2023 is set to be an exciting tournament as it brings together some of the top cricketing nations in Asia. Two of these nations, Pakistan and India, have a long and storied history in the sport and have developed a fierce rivalry over the years. Both Pakistan and India are known […]
Pakistan has been facing an economic crisis in recent years, which has led to a number of malls and markets closing early or shutting down completely. This has had a major impact on the country’s economy and has led to widespread unemployment and financial hardship for many people. One of the main causes of the […]
