Islamabad, Oct 18: BF Biosciences to Make Official Debut on PSX This Monday: Major Milestone for Pakistan’s Pharmaceutical Sector. The Pakistan Stock Exchange (PSX) will formally list BF Biosciences Limited (BFBIO) on Monday. October 21, 2024, trading in the company’s shares will start on PSX’s Main Board and be settled on a T+2 basis. Wednesday, October 23, 2024, will be the first settlement date. One share of PKR 3 will be the company’s market lot. The Central Depository Company of Pakistan Limited (CDC) has already deemed the company’s shares to be an acceptable security, and the National Clearing Company of…
Author: Iqra Khan
Islamabad, Oct 18: Hyundai Teases Launch of New Elantra Hybrid, Anticipation Grows for the Upcoming Model Release. A few teaser pictures and a film that Hyundai Nishat just released allude to an impending debut in Pakistan. Although no vehicle is seen in the teasers, there is increasing conjecture that the eagerly awaited seventh generation Elantra may finally be arriving in the local market. A Hyundai Elantra Hybrid was allegedly observed in Balochistan back in August 2024, maybe while undergoing road testing. This sighting sparked conversations in the automotive sector and raised hopes for a new Hyundai hybrid product. Hyundai debuted…
Islamabad, Oct 18: Gold Price in Pakistan Hits All-Time High Amid Global Market Surge: Record-Breaking Rally Continues on Friday. The price of gold in Pakistan broke over the all-time high for the third day in a row. The All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) released data showing that the price of 10 grams of gold increased by Rs. 2,572 to Rs. 240,826 and the price of 24 carats of gold increased by Rs. 3,000 per tola to Rs. 280,900. Gold prices jumped by Rs. 2,200 per tola on Wednesday, reaching a record high of Rs. 277,200 per tola. On…
Islamabad, Oct 18: KP Government Launches Life Insurance Scheme for All Citizens: Major Step toward Social Security and Public Welfare. Muzammil Aslam, the Finance Advisor for Khyber-Pakhtunkhwa, declared that the provincial administration had begun the “Life Insurance for All” program. In the case that the household’s major earner passes away, the K-P government will provide financial support to families under this program. Those under 60 will receive up to Rs1 million in compensation, while those over 60 will receive up to Rs0.5 million. Furthermore, the government intends to create the first regional Islamic takaful insurance firm in the nation, offering…
Islamabad, Oct 18: PTCL’s Acquisition of Telenor Set to Bring Cutting-Edge Technologies and Enhanced Services for Customers. Pakistan Telecommunication Company Limited (PTCL) is eagerly awaiting regulatory clearances for the acquisition of Telenor Pakistan, a strategic move that is poised to transform Pakistan’s telecom sector. Speaking to the media on the sidelines of GITEX in Dubai, PTCL’s President and Group CEO, Hatem Bamatraf, said the strategic acquisition is anticipated to boost the market and allow the company to make larger investments in new infrastructure and technologies, which will ultimately benefit customers with improved services. According to Bamatraf, “we think it’s a…
Islamabad, Oct 18: French Ambassador Highlights Educational Opportunities in France, Strengthening Pakistan-France Academic Ties Through ‘Choose France’ Initiative. French Ambassador said that in his letter, Dear Mr. Chairman of the Prime minister’s Youth Programme, Mr. Rana Mashhood Ahmad Khan. Dear members of the Choose France delegation, chers amis. Dear representative of the media. Welcome to all at the French residence.As we are receiving a high-level academic delegation from France, we wanted to have this exchange in order to present more in details our actions and achievements in this field of cooperation, which is particularly promising between France and Pakistan. Indeed,…
Islamabad, Oct 18: Dr. Musadik Emphasizes Education as Key to Pakistan’s Future Growth and Development. Dr. Musadik Malik, the Federal Minister for Petroleum, stated on Friday that education is essential to ensuring the country’s prosperous future. Dr. Malik emphasized the importance of coordinated efforts to keep kids from dropping out of school in his closing remarks at a seminar on sustainable tobacco control measures. He emphasized how crucial it is to support children’s education in order to safeguard both their individual and the nation’s destinies. The Minister also emphasized smoking’s negative health effects, calling it a major cause of cancer…
Islamabad, Oct 16: Pakistan’s First ‘Sustainability Summit & Awards’ Set for October 24 Pioneering Event for Green Initiatives and Corporate Responsibility. The Pakistan Environmental Protection Agency (Pak-EPA) of the Ministry of Climate Change and Environmental Coordination. Nustainable (the NUST office of sustainability), and Devcom-Pakistan (Development Communications Network) have teamed up to host the first-ever “Pakistan Sustainability Summit and Awards” in honor of World Sustainability Day. The event is scheduled for Thursday, October 24. Addressing Pakistan’s growing environmental issues and advancing sustainable development are the goals of the summit. According to a press release, it is being planned to popularize World…
Islamabad, Oct 16: Italian Ambassador Meets Murad Ali Shah, Historic Agreement to Introduce Italian Language Education in Sindh. Italian Ambassador Marilia Armelin met with Murad Ali Shah, the chief minister of Sindh. It was decided to teach Italian in Sindh during this discussion, which also covered NED University’s cooperation with Italian University. According to Italian Ambassador Marilia Armelin, the two colleges will shortly sign a Memorandum of Understanding. In addition, it was decided that the Consul General would serve as the conduit for communication between the Sindh Investment Department and the Italian companies. Italy and Sindh have wonderful cultures, according…
Islamabad, Oct 16: 80 Pakistani Companies Showcase Innovations at GITEX Global 2024 in Dubai, A Major Leap for Tech Advancement. “As the Tech Destination, Pakistan made a remarkable impact at GITEX Global 2024 in Dubai with the grand inauguration of Pakistan Pavilion and the much-anticipated Pakistan Night, hosted by P@SHA and the Pakistan Software Export Board (PSEB) in coordination,” said Sajjad Mustafa Syed, chairman of the Pakistan Software Houses Association (P@SHA). These events, according to Syed, highlighted Pakistan’s thriving IT industry and enhanced its standing as GITEX Global’s official Tech Destination of the Year. He informed them that prominent figures…
