Author: Iqra Khan

Islamabad, Aug 22: Federal Minister for Information, Broadcasting, National Heritage and Culture Attaullah Tarar on Thursday stressed the need to provide maximum opportunities to the youth by correcting the priorities in the fields of information technology(IT), agriculture, education, and sports arena. Addressing the National Youth Convention here he said Pakistan was a lucky country as its 60% population consisted of youth below 30 years of age who could change the destiny of the nation. “There is a need to correct the direction and economy of the country, bring IT revolution, and promote quality education to the new generation”, the minister…

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Islamabad, Aug 22: In collaboration with Labbaik, Meezan Bank is now delivering a unique Umrah package on Installments that offers the chance to embark on a spiritual journey unmatched by anything else. The package includes a 17-day tour, lodging in 3-star hotels in Makkah and Madinah, plus a number of additional benefits. The pilgrims will be staying at the Emar Andalous hotel in Makkah, which is only 350 meters from the sacred Kaaba. The package includes a 4-night stay in 2023 from August 11–15. The guests will stay at the cozy Verta Al Madinah hotel in Madinah, which is just…

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Islamabad, Aug 22: Chief of Army Staff (COAS), General Syed Asim Munir on Thursday emphasized the significance of education, critical thinking, and innovation in addressing contemporary security challenges. He said this during a meeting with a delegation of 44 students from Harvard Business School (HBS) Trek-2024, representing nine different countries, who called on the COAS here at the General Headquarters, an Inter Services Public Relations (ISPR) news release said. The interactive session provided a platform to share perspectives on Pakistan’s pivotal role in promoting regional peace and stability, its unwavering efforts against terrorism, and its commitment to upholding democratic values.…

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Islamabad, Aug 22: During her first voyage from Romania to Pakistan, the recently commissioned Pakistan Navy Ship HUNAIN stopped in Jeddah, Saudi Arabia, and took part in a bilateral exercise with a ship from the Royal Saudi Naval Forces. According to a Pakistan Navy news release on Thursday, senior Royal Saudi Naval Forces (RSNF) and Pakistan Embassy officials greeted the ship when it arrived at the Jeddah port. While in port, Commander King Faisal Naval Base Rear Admiral Saleh Bin Abdullah Al-Amri and Commander Mansoor Bin Saood Al Jayyad of the RSNF Navy Western Fleet were visited by Commanding Officer…

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Islamabad, Aug 22: The surprise visit of Russian President Vladimir Putin to Chechnya has attracted a lot of attention from around the world, especially in light of a video that went viral showing him clutching and caressing a rare Quranic edition. Putin’s first visit to the area in thirteen years makes this one noteworthy, and Ramzan Kadyrov, the leader of the Chechen people, welcomed him with open arms. The two presidents had talks during the tour centered on enhancing the military, commercial, and economic ties between Russia and Chechnya. Their discussions emphasized Putin and Kadyrov’s tight relationship, which is indicative…

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Islamabad, Aug 22: Leading Pakistani telecom company Ufone 4G has partnered with South Korean tech behemoth Samsung to offer smartphones to consumers through Ufone 4G’s new sales platform at cheap rates. Through the development of a dedicated webpage by Ufone 4G, where customers can easily access smartphones, voice and data bundles, and other Ufone services, this collaboration intends to build a holistic solution. Through the utilization of this collaboration, Ufone 4G customers will have better access to high-end gadgets, resulting in an enhanced digital living experience. Notably, Ufone 4G customers may now easily enjoy doorstep delivery of the mobile devices…

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Islamabad, Aug 22: Data released by the central bank on Thursday showed that the State Bank of Pakistan’s (SBP) foreign exchange reserves had increased by $19 million on a weekly basis. The SBP reported that as of August 16, its foreign currency reserves stood at $9.292 billion, up $19 million from $9.273 billion on August 9. This information is based on the most recent statistics the SBP has made available, with net reserves held by banks other than the SBP included, the nation’s total liquid foreign currency reserves were $14.667 billion as of the previous week, an increase of $22…

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Islamabad, Aug 22: The announcement was made by Prime Minister Shehbaz Sharif, who stated that the Islamabad Information Technology (IT) Park will be essential to reaching the lofty target of $25 billion in IT exports. At a review discussion centered on IT sector initiatives and plans to boost IT exports and encourage digitization, the prime minister was informed about the cooperative endeavors of multiple entities striving to accomplish this export goal.A comprehensive presentation on the funding being allocated to several IT industry projects was also included in the conference. It was emphasized that these investments should result in a sizable,…

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Islamabad, Aug 22: The Economic Coordination Committee (ECC) of the Cabinet met today at the Finance Division under the direction of Finance Minister Senator Muhammad Aurangzeb.The Ministry of Industries & Production’s summary on the export of an additional 0.100 million MT of sugar was accepted by the committee under the following restrictions: The duration of time permitted for the export of sugar from the date of quota allocation by the relevant Cane Commissioner will be extended from forty-five (45) days to sixty (60) days due to procedural delays experienced during the export of sugar. In the case of Afghanistan, export…

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Islamabad, Aug 22: A meeting of the Cabinet’s Economic Coordination Committee (ECC) was presided over by Federal Minister of Finance and Revenue, Senator Muhammad Aurangzeb, on Thursday in the Finance Division. For Operation Azm-e-Istehkam in the fiscal year 2024–2025 (FY25), the ECC approved a special allocation of Rs. 20 billion for a technical supplemental grant (TSG). The committee deliberated and granted approval for a Technical Supplementary Grant (TSG) worth Rs. 276.250 million to HQ Frontier Corps KP(N) for Project Implementation Letters (PILs), on behalf of the Ministry of Interior. Additionally, a TSG of Rs. 1951.995 million was granted for the…

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