Islamabad, Nov 13: Japan provides 18.5 million USD for Flood Management Enhancement in the Indus Basin. The Government of Japan has agreed to provide new grant assistance worth 2.831 billion Japanese Yen (equivalent to around 18.5 million USD/ around 5.119 billion PKR) for Flood Management Enhancement in the Indus Basin. H.E. Mr. WADA Mitsuhiro, Ambassador of Japan, Dr. Kazim Niaz, Secretary, Ministry of Economic Affairs, and other officials from both countries attended this ceremony. In 2022, Pakistan experienced the most devastating flood in the country’s history. This assistance will fund the construction of three embankments on the Indus River in…
Author: Iqra Khan
Islamabad, Nov 12: Steam Deck OLED Unveils Exclusive New Limited Edition Color for Fans. Valve’s well-liked Steam Deck is set to receive a fresh design. Following the initial model’s release in 2021 and the OLED variant last year, both offered in black, Valve is now launching a limited-edition white Steam Deck OLED. This white version of the Steam Deck OLED will be released globally on November 18th. It will feature 1 TB of storage and be priced at $679, which is a $30 increase compared to the standard 1TB OLED model. The newly designed white model boasts a stylish white…
Islamabad, Nov 12: Pakistan and Finland Strengthen Trade Relations, Eye New Sectors for Economic Collaboration. Pakistan and Finland are on the brink of a new era in their economic relationship following a fruitful discussion between Pakistan’s Federal Minister for Commerce, Jam Kamal Khan, and Hannu Ripatti, Finland’s Ambassador to Pakistan. The ambassador engaged with Jam Kamal Khan at the Commerce Ministry to deliberate on methods to enhance trade connections and investigate unexplored areas for partnership, as indicated by a press release issued on Tuesday. Minister Jam warmly welcomed Ambassador Ripatti and reiterated the Pakistani government’s dedication to bolstering economic relations…
Islamabad, Nov 12: Satellite Images Show Alarming Environmental Changes Across Pakistan. Lahore has been facing a significant smog crisis since last month, with the dense, harmful haze now detectable from space in remarkable satellite imagery. The images, taken by NASA’s Worldview tool, show the thick layers of pollution enveloping northern India and Pakistan, as reported by CNN. In these images, cities such as Lahore and Multan are shrouded in a dark, nearly impenetrable smog, obscuring streets and buildings. The pollution levels have escalated to the extent that the previously visible green landscapes are now concealed beneath a grey-brown veil. Similarly,…
Islamabad, Nov 12: New Gwadar Airport, A Landmark of Pakistan-China Friendship and Future Growth. The New Gwadar International Airport, a key project under the extensive China-Pakistan Economic Corridor initiative, is set to enhance connectivity and usher in a new era of development for Pakistan, experts have noted. Serving as a testament to the strong friendship between China and Pakistan and their dedication to a brighter future together, the recent completion of the airport in Gwadar, located in the southwestern province of Balochistan, has been officially handed over to Pakistani authorities for operational readiness, according to China Daily. The airport was…
Islamabad, Nov 12: FGEHA Set to Auction Prime Commercial Plots in Islamabad’s G-13, G-14 This Thursday. The Federal Government Employees Housing Authority (FGEHA) will hold an auction for various commercial plots in the G-13 and G-14 sectors of Islamabad on Thursday, November 13, at the Citizen Club located in F-9 Park. A representative from FGEHA informed APP that the auction will include several commercial plots in G-14, along with multiple Class-III commercial plots in G-13, G-14/2, and G-14/3, in addition to a petrol station plot situated in the Mauve area along Sri Nagar Highway in G-13. Bidders will also have…
Islamabad, Nov 12: NADRA Considers CNIC Fee Hike to Fund Expansion of New Offices Nationwide. The National Database and Registration Authority (NADRA) has suggested that an increase in identity card fees might be necessary to support the expansion of its office network due to funding challenges, according to a report from Geo News. Although the authority has opened additional offices, numerous citizens continue to experience lengthy delays when renewing or updating their computerized national identity cards (CNICs), indicating that the expansion has not completely resolved accessibility problems. In a recent meeting of the National Assembly Standing Committee, NADRA Chairman Lt.…
Islamabad, Nov 12: Fauji Foundation Ends Bid to Acquire Controlling Stake in Agha Steel. Fauji Foundation has decided to retract its Public Announcement of Intention to acquire shares and control of Agha Steel Industries Limited, as stated by the manager of the offer, Integrated Equities Limited, to the PSX on Tuesday. Discussions with the Sellers regarding the acquisition of voting shares in the Target have not reached a conclusion. “In light of this and on behalf of the Acquirer, we hereby issue a notice of retraction of the PAI in accordance with Regulation 21(1)(b) of the Regulations and the relevant…
Islamabad, Nov 12: ECC Approves PKR 50 Billion for Sindh’s Flood-Relief Housing Project. The Federal Government has sanctioned PKR 50 billion for an emergency housing initiative in Sindh aimed at helping communities affected by recent flooding. According to the details, this funding decision was reached during a recent meeting of the Economic Coordination Committee (ECC) and is part of the Public Sector Development Programme (PSDP), exceeding the initial PKR 30 billion suggested by the Ministry of Planning, Development, and Special Initiatives for the fiscal year 2024-25. The housing project, which received the green light from the Executive Committee of the…
Islamabad, Nov 12: The Sustainable Development Policy Institute (SDPI) and the Embassy of Denmark in Pakistan, together launched the second phase of the knowledge partnership initiative titled “Unlocking the Potential of Carbon Markets in Pakistan.” The launch of project was announced at reception of high-level delegates, diplomats, and policy makers of Pakistan. Speaking at the inception, Ambassador of Denmark, Jakob Linulf said, “This partnership has not only bridged knowledge gaps but has also fostered collaboration between federal and provincial governments, setting a solid foundation for a sustainable carbon market framework in Pakistan.” Ambassador Linulf further highlighted that the commencement of…
