Finance Minister Miftah Ismail took to his twitter handle to announce the ‘good news’ on Thursday that Chinese banks have agreed to refinance Pakistan with $2.3 billion funds which will “shore up Pakistan’s Foreign exchange reserves.” The finance minister further informed that after some routine approvals from both sides, the inflow is expected ‘shortly’ which…
In the blockbuster defamation case between Johnny Depp and his ex-wife Amber Heard, he jury delivered a split verdict on Wednesday, after weeks of turbulent testimony and three days of consideration. The jury found that each had defamed the other but Depp celebrated the verdict while Heard proclaimed herself disappointed “beyond words”. Here are some…
At the moment, Pakistan is striving to come out of the economic crisis created by three and a half years of previous government. PDM government has assumed power for an undefined period of time would have to struggle to solve the problems created by domestic inadequacies as well as international market. The increase in petroleum…
In November 2022, the first ever FIFA World Cup happening in the Middle East is going to be held in Qatar, which is the second Asian country after Korea and Japan, to host the tournament. The World Cup is going to be the most expensive FIFA World Cup in history, being played from November 21…
The FIFA trophy Tour 2022 has been relocated to Lahore by the organizers due to political disruption in Islamabad. An official of the FIFA Trophy tour confirmed that only the venue has changed but the dates remain same. The organizers told that the trophy will arrive in Lahore in June 7, 2022 and it is…
ISLAMABAD: Chairman of the Special Technology Zones Authority (STZA), Amer Hashmi, said that the organization’s goal is to create a world-class technology ecosystem in Pakistan that would benefit small, medium, and big tech companies alike. He was addressing the Freelance Fest 2022 organized in Karachi by the Pakistan Freelancers Association (PAFLA). A report from the…
Mahmood Bhatti, a well-known international fashion designer, has petitioned Pakistan’s Chief Justice to hear his case and call him before the Supreme Court. Addressing a news conference at his Lahore home with his attorney Adnan Rame “I am considering constructing an orphanage. I own a plot of property along Multan Road. I handed my authorization…
Federal Minister of Foreign Affairs Bilawal Bhutto Zardari along with many senior officials was the Chief Guest at the Pakistan Breakfast at Steigenberger Belvedere Hotel Davos. The Pakistan Breakfast a traditional interactive session is held at every meeting of World Economic Forum, and is a well-attended event due to the participants and speakers. . Pakistan…
Federal Minister for Foreign Affairs Bilawal Bhutto Zardari has marked his presence at traditional Pakistan Breakfast in sidelines of World Economic Forum at Davos on May 25, 2022. Pakistan Breakfast is Pakistan’s signature event which is held on every WEF annual meeting to discuss Pakistan’s economic & political situation. Pakistan Breakfast was hosted by a…
The establishment is such a vague term for a layman yet influential in terms of the policy. In the USA, it does not matter if the president is a democrat (Biden, Obama) or a republican (Trump or Bush). Protecting Israeli interests is kept at the forefront of the American policy by their establishment. For example,…
Canada’s Tim Hortons, one of North America’s most popular restaurant chains, has announced plans to open dozens of outlets in Pakistan this year. According to the company’s LinkedIn page, “Tims is opening in Pakistan this year as we continue to grow Tim Hortons around the world.” There will be dozens of new Tim Hortons restaurants…
Foreign direct investment of $6.1 billion were allured during July 1, 2018, to March 30,2022 by the telecom industry: As reported by Federal Minister for IT and Telecommunication Syed Amin ul Haque. On the event of “World Telecommunication and Information Society Day”, the aforesaid Minister reported that the number of active cellular SIMs reached 193…
The three- match ODI series between Pakistan and west Indies is set to commence on June 8 2022 and Rawalpindi will host the series at the Pindi cricket stadium. As weather forecast indicates that the temperature in Rawalpindi may exceed 40 degrees in the first week of June so PCB decided to combat the heatwave…
Unilever Pakistan has collaborated with Akhuwat and NOWPDP to create an inclusive and sustainable recruiting process that would provide equal job opportunities throughout the company in Pakistan. The program’s debut reflects Unilever Pakistan’s long-standing commitment to driving workplace inclusivity. The firm, with a dedicated Diversity & Inclusion team, has carried out various successful efforts to…
According to an industry source, Petrochina submitted the lowest bids in response to a Pakistan LNG Limited (PLL) procurement seeking two spot cargoes of liquefied natural gas (LNG) for delivery in June. Petrochina offered prices of $23.96/mmbtu for a delivery on June 1-2 and $22.49/mmbtu for a delivery on June 28-29. PLL had advertised the…
The Ministry of National Health Services, Regulations and Coordination and the Federal Directorate of Immunization today commemorated the “World Immunization Week (WIW), 2022” with the theme “Long Life for All. ”Every year the WIW is celebrated in the last week of April (24 to 30 April), aiming to promote the use of vaccines to protect…
The World Economic Forum held the EDISON Alliance Champions Deputies & Executive Network Meeting to discuss the 2022 roadmap, share commitments and initiatives, as well as calls for action to scale partnerships prior to the World Economic Forum Annual Meeting scheduled to take place in Davos in the last week of May. The EDISON Alliance…
Punishments of Rs 108.93 million have been levied on four major banks by the State Bank of Pakistan (SBP) for violations of several regulatory regulations during the quarter ending March 31, 2022. With regard to the most recent action by the banking watchdog, Albaraka Bank (Pakistan) Limited received the maximum penalty of Rs 40.901 million…
An important meeting of the Election Commission of Pakistan was held today, which was chaired by the Chief Election Commissioner, Mr. Sikandar Sultan Raja. Apart from members of the Election Commission, the Secretary of the Election Commission and other senior officers also attended the meeting. The Provincial Election Commissioners of Punjab, Sindh, Balochistan and Khyber Pakhtunkhwa…
After months of anticipation and amazing musical talents pouring in from all over Pakistan, three music geniuses have won the hearts of Pakistan to become the winners of Bajao Pakistan’s online music competition, Nayi Awaaz. The moment that everyone has been waiting for! The three winners who have made it to the top of Nayi…
According to the findings of the Labour Force Survey (LFS) published by the Pakistan Bureau of Statistics, Pakistan’s economy created 5.5 million jobs over the last three years – on an average of 1.84 million jobs per year, which is far higher than the yearly average of new job creation during the 2008-18 decade (PBS)….
The Federal Board of Revenue (FBR) has frozen the bank accounts of Telenor on account of its income tax default amounting to approximately Rs3.5 billion. The company owes the government of Pakistan as arrears of tax liability from previous years, which it has failed to pay. All appellate for a as well as Islamabad High…
When it comes to having uncomfortable discussions, women are leading the way. They’re sharing their knowledge and paving the way for others. YouTube believes that everyone should have a platform to express themselves. They wish to assist creatives express themselves in a way that is unique to them. As a result, they want to shift…
Pakistan Petroleum Limited (PPL) and Oil & Gas Development Company Limited (OGDCL) have entered into a non-binding framework agreement for the restart of the Reko Diq project with the federal government, the Balochistan government, Government Holdings (Private) Limited (GHPL), and Barrick Gold Corporation (Barrick). The Pakistan Stock Exchange (PSX) was informed of the news by…
There are seven essential nutrients that sustain human life: water, protein, carbohydrates, fats, vitamins, minerals and fibre. According to Rehan Riaz Merchant, a healthy diet should include a balanced intake of all of these. Both excesses and deficiencies can be harmful to the body’s health and efficiency, for example, not eating enough fruit and vegetables…
After completing its $80 million Series C round, Cresta, the leading provider of real-time intelligence for contact centers, has quadrupled its post-money worth to $1.6 billion. Cresta has quadrupled its sales in the last year and achieved a Net Revenue Retention (NRR) of 210 percent. Tiger Global led the round, with Genesys, Five9, J.P. Morgan…