Islamabad, JULY28: Abdul Aleem Khan, the federal minister for privatization, the Board of Investment, and communications, recently chaired the Privatization Commission Board meeting, during which significant decisions were adopted. In this meeting, topics pertaining to the privatization of DISCOs and other organizations, such as PIA, were discussed. The Privatization Commission Board reached a unanimous decision to privatize three electricity distribution companies (DISCOs) in the first phase. All legal proceedings will be concluded by January 2025, and practical work has already begun on the privatization projects. Additionally, PCB approved the appointment of Financial Advisors for these DISCOs and the appropriate course…
Author: Iqra Khan
Islamabad, JULY28: Secretary-General of Commonwealth Patricia Scotland KC arrived here in the early hours of Sunday on her first official visit to Pakistan, at the invitation of the Government of Pakistan.On her arrival at Islamabad Airport, she was received by Additional Foreign Secretary (Europe) Ambassador Shafqat Ali Khan. During her five-day visit from July 28 to August 2, 2024, Secretary-General Scotland will meet with Pakistan’s leadership, members of the cabinet, youth leaders, civil society representatives and other stakeholders. The Commonwealth secretary-general will reaffirm her solidarity with Pakistan on the second anniversary of the catastrophic 2022 floods that submerged a third…
Islamabad, JULY28: Transworld Associates (TWA) has announced that it has reached an agreement to land the largest subsea cable system in the world, 2Africa, in Karachi, Pakistan. This ambitious project, which is already operational in parts of Africa, will connect 46 cable landing stations across 33 countries in Africa, Asia, and Europe and improve Pakistan’s global connectivity. The consortium behind 2Africa is made up of eight international build parties: China Mobile International, Bayobab, center3, Meta, Orange, Telecom Egypt, Vodafone, and WIOCC. Together, these eight parties will be responsible for the 2Africa landing in Karachi. The 2Africa subsea cable is perfectly…
Islamabad, JULY28: Anum Uzair of Pakistan has successfully reached the summit of Mount Broad Peak, the world’s 12th-highest mountain, which stands at an intimidating 8,051 meters. Anum followed in Naila Kiani’s footsteps and made history by becoming only the second Pakistani woman to summit this formidable peak. Her ascent of Broad Peak marks a significant milestone in her career as it is her second successful summit of a “8000er,” a term used to denote mountains exceeding 8,000 meters in height. Her achievement not only demonstrates her extraordinary skill and determination, but also emphasizes the increasing number of Pakistani women entering…
Islamabad, JULY27: The Mayor of Calgary has said that the city council cannot stop Khalistan Referendum voting on July 28th after the objections raised by the Indian government against the event that is set to attract thousands of pro-Khalistan Sikhs. In an interview, Mayor Jyoti Gondek said she doesn’t see the Khalistan voting as an issue as those involved are carrying out a legitimate, democratic exercise and its not for her office to sanction lawful events. She said: “The public is able to gather at the Municipal Plaza at any time. They can do what they wish to.”On Sunday, Sikhs…
Islamabad, JULY27: The Pakistan Army and Frontier Corps North have completely renovated and turned the old railway station in Landi Kotal Khyber District Khyber Pakhtunkhwa into a museum. According to information, the Landi Kotal railway station was an important military location before to Pakistan’s independence. In addition to maintaining the station’s architectural legacy, the latest renovation turns it into a museum to emphasize its historical value. The Inspector General of Frontier Corps North presided over the ceremonial reopening, which drew appreciation from the local populace who understood the military’s dedication to conserving Pakistan’s historic heritage. This program reflects a commitment…
Islamabad, JULY27: As talks with Chinese officials on the rescheduling of loans for the energy sector continue, concerns inside Pakistan’s banking sector are growing. According to a statement from the People’s Bank of China, Finance Minister Muhammad Aurangzeb met with Pan Gongsheng, the governor of China’s central bank, on Friday and discussed bilateral finance cooperation. On Thursday, Mr. Aurangzeb traveled to Beijing to have discussions over the International Monetary Fund’s recommended structural reforms and debt relief for the power industry.Concerned about the outcome of the negotiations, stakeholders fear that if things don’t work out, there would be serious consequences for…
Islamabad, JULY27: Punjab Chief Minister Maryam Nawaz has vowed to transform the province into a digital technology hub. Talking to Deputy Chief Executive Officer of Huawei Pakistan Yu Shaoning in Lahore today, she assured to provide conducive environment for technological innovations and investment across province. The meeting discussed strategic cooperation for Punjab’s digital growth and reviewed suggestions for utilizing Huawei’s technical expertise in digitization.
Islamabad, JULY27: Pakistan Tobacco Company (PTC) Limited and the Capital Development Authority (CDA) have launched a collaborative initiative, “Throw and Grow” to promote the greenery of Islamabad’s iconic Margalla hills.This campaign aims to engage hikers and visitors in contributing to the region’s ecological growth, said a PTC news release here on Saturday. At the entrance points of Trail 3 and Trail 5, stalls offering seedballs made from native species like Sukhchain, Pine, and others have been set up where staff will guide participants on how to disperse the seedballs as they hike, taking advantage of the favorable Monsoon season for…
Islamabad, JULY27: In a unique initiative to promote environmental diplomacy, the Capital Development Authority (CDA) has decided to invite diplomats from various countries to participate in the Margalla Hills Plantation Campaign. The decision was made on the instructions of Interior Minister Mohsin Naqvi, said Chairman CDA, Mohammad Ali Randhawa during his visit to Margalla Trail 5 on Saturday to oversee the preparations for the campaign. He announced that ambassadors of different countries will be invited to plant trees on Margalla Hills, creating a symbolic bond between nations and the environment.To create awareness, diplomats will be encouraged to upload photos with…
