APNS Elects New Leadership Nazafreen Saigol Lakhani President

APNS Elects New Leadership Nazafreen Saigol Lakhani President

The Annual Meeting of the APNS General Council held at APNS House, Karachi unanimously elected Nazafreen Saigol Lakhani as  President, Sarmad Ali as Secretary General, Imtinan Shahid as Senior Vice President, Muhammad Aslam Kazi as Vice President, Syed Muhammad Munir Jilani as Joint Secretary and Shahab Zuberi as Finance Secretary of the Society. The AGM…

Enforcement Key for Efficient Tax System as Government Revenue Losses Increase

Enforcement Key for Efficient Tax System as Government Revenue Losses Increase

Since the revision of Federal Excise Duty (FED) tobacco products with an increase of more than 200% in FY 22/23, the tobacco sector has swelled to more than 63% of the total volume of cigarettes, resulting in the illicit sector outgrowing the legitimate sector, revealed the data shared by Pakistan Tobacco Company Limited (PTC)’s representatives…

Standard Chartered and Karachi United launch the sixth edition of the SC KU Youth League

Standard Chartered and Karachi United launch the sixth edition of the SC KU Youth League

 Standard Chartered Bank announced the launch of the sixth edition of the Standard Chartered Karachi United Youth League, a flagship community programme aimed at promoting sports amongst children. The objective of the SC KU Youth League is to provide a platform for football teams from across the underserved areas of Karachi to come together, break…

New Zealand Dominates England in ICC Cricket World Cup Opener

New Zealand Dominates England in ICC Cricket World Cup Opener

In the opening match of the ICC Cricket World Cup 2023, New Zealand showcased their dominance as they convincingly defeated England by nine wickets with 82 balls remaining at the Narendra Modi Stadium in Ahmedabad. England, opting to bat first, managed to put up a total of 282/9 in their allotted 50 overs. The inning…

Analyzing the Favorites for the Upcoming Cricket World Cup 2023: A Deeper Look

Analyzing the Favorites for the Upcoming Cricket World Cup 2023: A Deeper Look

The anticipation is building, the cricketing world is buzzing with excitement, and fans from all corners of the globe are gearing up for the ICC Cricket World Cup. The world’s premier one-day international cricket tournament is set to take center stage, and the big question on everyone’s minds is, “Who are the favourites to win…

Empowering Your Reality: Redmi A2+ Redefining the Game

Empowering Your Reality: Redmi A2+ Redefining the Game

Xiaomi today announces the all-new Redmi A2+, a beloved entry-level smartphone bringing the absolute price-to-performance ratio to the mass. Featuring an impressive octa-core processor,  Redmi A2+ delivers all the power you need for seamless browsing and multimedia consumption. It also offers a smooth and reliable software experience, ensuring fluidity in daily use. Equipped with an…

realme Celebrates its 5th Anniversary with a “Leap Up” Spirit

realme Celebrates its 5th Anniversary with a “Leap Up” Spirit

As the month of August 2023 begins, the global smartphone brand realme gears up to kick-start the highly anticipated realme Fan Fest. The annual celebration not only marks realme’s significant accomplishments over the year but also serves as a heartfelt thank you to its dedicated fanbase for their unwavering support and loyalty. This year’s Fan…

Rising Food Prices Threaten Chicken Biryani’s Reign as a Beloved Dish

Rising Food Prices Threaten Chicken Biryani’s Reign as a Beloved Dish

Inflation has become a growing concern in recent times, affecting various sectors of the economy, including the food industry. One particular food item that has experienced a significant increase in price is homemade chicken biryani. As the cost of ingredients continues to rise, it begs the question: How does homemade chicken biryani prices fare against…

From Catwalk to Sidewalk: How Fashion Impacts Our Lives and Society – A Vogue Perspective
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From Catwalk to Sidewalk: How Fashion Impacts Our Lives and Society – A Vogue Perspective

Fashion is not just aout what we wear, but how we wear it. Vogue, the world-renowned fashion magazine, has been a guiding force in the industry for over a century, showcasing the latest trends and styles. But beyond the pages of the magazine, Vogue has also been a platform for promoting inclusivity, diversity, and sustainability…

Etihad Group organizes a Grand 2nd Balloting and Early Possession Event for Etihad Town Phase 2 (Technically Approved as Arcos Housing Scheme)

Etihad Group organizes a Grand 2nd Balloting and Early Possession Event for Etihad Town Phase 2 (Technically Approved as Arcos Housing Scheme)

The Etihad Group recently organized a 2nd Balloting and Early Possession Event for its Etihad Town Phase 2 project (Technically Approved as Arcos Housing Scheme), one of the most prestigious real estate developments in the region. The event took place on Saturday (May 27), and provided an unforgettable evening filled with excitement, esteemed guests, and…

TPL Insurance Limited to Acquire Assets and Liabilities of New Hampshire Insurance Company’s Pakistani Branch

TPL Insurance Limited to Acquire Assets and Liabilities of New Hampshire Insurance Company’s Pakistani Branch

TPL Insurance Limited, a leading non-life insurance provider in Pakistan, today announced its Board of Directors’ approval of a draft Scheme of Arrangement under Section 279 to Section 282 and Section 285 of the Companies Act, 2017. The scheme outlines the acquisition of the assets and liabilities of the Pakistani Branch of New Hampshire Insurance…

Telenor Microfinance Bank Q1’23: Digital Platform Achieves Scale and Profitability in Challenging Economic Conditions

Telenor Microfinance Bank Q1’23: Digital Platform Achieves Scale and Profitability in Challenging Economic Conditions

Telenor Microfinance Bank (TMB), operator of Pakistan’s leading digital financial services platform, easypaisa, has reported its financial results for Q1 2023, showcasing a strong performance despite challenging economic conditions. TMB’s unaudited financial statements indicate a significant increase in its revenue, with the bank achieving Positive EBTDA during the quarter and Profit after tax for the…

From Education to Unemployment: The Troubling Reality for Youth in Punjab

From Education to Unemployment: The Troubling Reality for Youth in Punjab

Research conducted by Gallup Pakistan and PRIDE, using data from the Labour Force Survey 2020-21, shows that the overall unemployment rate of youth in Punjab is 6.69%. The overall unemployment rate in the Punjab province is 6.69%, with the unemployment rate of females being substantially higher than males (8.32% vs. 6.06%) and that of urban…

Emaan Islamic Banking and TPL Insurance (WTO) join hands to launch Emaan All-in-One Account

Emaan Islamic Banking and TPL Insurance (WTO) join hands to launch Emaan All-in-One Account

Emaan Islamic Banking, a division of Silk Bank Limited, and TPL Insurance Limited – Window Takaful Operation, have announced the launch of their latest offering, the Emaan All-in-One Account. The account is tailored to cater to the needs of new-to-bank customers and existing Emaan account holders. The Emaan All-in-One Account is the ultimate power bundle…

Pakistan’s Upper and Central Regions Brace for Rain, Thunderstorms, and Hailstorms this Weekend

Pakistan’s Upper and Central Regions Brace for Rain, Thunderstorms, and Hailstorms this Weekend

The Pakistan Meteorological Department has issued a press release predicting rain, dust storms, thunderstorms, and even hailstorms in the upper and central parts of the country from the upcoming weekend. The weather system is expected to be triggered by a westerly wave that is set to enter the upper parts of the country on April…

OGDCL and PARCO Sign MOU for Joint Ventures in Energy Sector

OGDCL and PARCO Sign MOU for Joint Ventures in Energy Sector

Oil & Gas Development Company Limited (OGDCL) and Pakistan Arab Refinery Company (PARCO) have signed a memorandum of understanding (MOU) for collaboration and joint venture opportunities in the energy sector, including oil and gas infrastructure projects. The MOU aims to diversify business activities, enhance shareholder value, and ensure long-term sustainability. Representatives of both companies signed…

Etihad Town Phase II Celebrates the Groundbreaking Ceremony of a New Mosque

Etihad Town Phase II Celebrates the Groundbreaking Ceremony of a New Mosque

The Etihad Group recently celebrated the groundbreaking ceremony of a mosque in its latest project Etihad Town Phase II. The ceremony was attended by the Etihad Group’s sponsors including Mr. Raheel Munir, Mr. Faisal Khokhar, Mr. Nabeel Khokhar & Mr. Sohail Munir, along with the company’s senior management, and their strategic sales partners and clients….

Political Parties Raising Non Issues for Political Gain on Digital Census 2023

Political Parties Raising Non Issues for Political Gain on Digital Census 2023

The PPP, MQM, and P have been vocal in their criticism of the census conducted in Pakistan. They have accused the government of manipulating the census data to undercount their respective constituencies. According to them, the census results do not reflect the true population and demographic distribution of the country, which could have significant implications…

Ceremony to pay tribute to late SM Muneer to raise funds for schooling of 10,000 children from poor families

Ceremony to pay tribute to late SM Muneer to raise funds for schooling of 10,000 children from poor families

A ceremony is being organized in Lahore on February 12 to pay tribute to the late noted industrialist of Pakistan, SM Muneer, for showing unwavering lifelong commitment to several noble charitable causes in the country. The non-profit, Green Crescent Trust (GCT), and noted businessman and APTMA Patron-in-Chief, Dr Gohar Ejaz, have joined hands to jointly…

Descon Oxychem Completes 9Million ‘Safe’ Man-Hours

Descon Oxychem Completes 9Million ‘Safe’ Man-Hours

Descon Oxychem Limited (DOL) — a leader in Hydrogen-Peroxide (HP) market of Pakistan — which prides itself with a strong commitment for health, safety and environmental-sustainability, achieved the milestone of completing ‘9 million safe man-hours’, spread over its 14 years of operations. Commenting on this remarkable success, the Vice-Chairman of Descon, Faisal Dawood said, “I…

Globe Residency REIT – First Listed Developmental REIT at PSX

Globe Residency REIT – First Listed Developmental REIT at PSX

Globe Residency REIT (GRR) was listed at the Pakistan Stock Exchange today by Arif Habib Dolmen REIT Management Limited at a Gong Ceremony, making it Pakistan’s first listed Developmental Real Estate Investment Trust (REIT). Minister for Finance, Senator Ishaq Dar was the Chief Guest on the occasion. Arif Habib, Chairman, Arif Habib Dolmen REIT Management…

Islamabad Police Implement Special Security Plan

Islamabad Police Implement Special Security Plan

In response to the current security situation in Islamabad, the city’s police department has announced a special security plan. Temporary check posts have been set up at 25 locations throughout the city, and entrances to the red zone will be monitored by Safe City cameras. The video footage of metro service passengers will also be…

Political Polarization Increases Pakistan’s Vulnerability to External Threats

Political Polarization Increases Pakistan’s Vulnerability to External Threats

EVER since its inception in 1947, Pakistani masses are told that ‘state is in turmoil and we are passing through a critical stage of our history’. This statement holds true even today, as the country continues to struggle with political instability and turmoil. The root cause of this instability is the lack of consensus among…

Breaking News: Possible Attack on Americans at Islamabad Marriott Hotel

Breaking News: Possible Attack on Americans at Islamabad Marriott Hotel

The U.S. government has received information about a possible attack on Americans at the Marriott Hotel in Islamabad. In response, the U.S. Embassy in Islamabad has banned all American staff from visiting the hotel and has placed Islamabad on a Red Alert due to security concerns. The embassy is also urging all Mission personnel to…

Prince Fred Khalifa Khalilian Cleared of all Charges in Monster Case

Prince Fred Khalifa Khalilian Cleared of all Charges in Monster Case

Prince Fred Khalifa Khalilian, the former COO of Monster, a company known for its high-quality cables, speakers, lighting, game mice, and headsets, has been cleared of all charges in a US court. The case against him was dismissed after an investigation failed to uncover any substantial evidence to support the claims made against him. The…

Chairman NADRA holds consultative session with Interfaith Delegation on Minority Rights

Chairman NADRA holds consultative session with Interfaith Delegation on Minority Rights

Chairman NADRA Tariq Malik held a consultative session with an interfaith delegation led by Senator Kamran Michael here at NADRA Headquarter, Islamabad. Senator Gurdeep Singh, Senator Danesh Kumar, Senator Anwar Lal Dean, Senator Krishna Bai, MNA Amir Naveed Jeeva and MPA Shakeel Marcus Khokhar were also present during the consultative session. The Interfaith delegation presented…

Celebrating Pakistan’s Unsung Heroes: Salam Kissan!

Celebrating Pakistan’s Unsung Heroes: Salam Kissan!

The majority of Pakistan’s population, directly or indirectly, relies on the largest sector of the country’s economy; agriculture. The sector single-handedly contributes roughly 24% of the Gross Domestic Product (GDP) and is responsible for employing almost half of Pakistan’s labour force. This year, however, saw some of the most disastrous flooding, leading to unprecedented losses…

PRG Pakistan Celebrates Another Year of Success and Recognizes Employees’ Achievements

PRG Pakistan Celebrates Another Year of Success and Recognizes Employees’ Achievements

To acknowledge employees’ success and achievements, PRG Pakistan – one of Pakistan’s largest medical billing companies – hosted an annual dinner and employees’ recognition ceremony. Every year, PRG Pakistan has a tradition of hosting a mega event to celebrate the success and achievements of the employees. The company has developed various dynamic programs where best…

Globe Residency REIT (GRR) will have a public offering on December 14 and 15

Globe Residency REIT (GRR) will have a public offering on December 14 and 15

General subscription for Globe Residency REIT (GRR), Pakistan’s first developmental REIT being listed on the Pakistan Stock Exchange, will take place on December 14 and 15. 14 million units, which make up 10% of the total units of the REIT Scheme have been offered by Javedan Corporation Limited to the General Public at a price…