Islamabad, JULY24: Ambassador of Federal Republic of Germany to Pakistan Alfred Grannas called on Punjab Chief Minister Maryam Nawaz Sharif here on Wednesday. Growth in bilateral relations, including business, trade and technical education were discussed in the meeting.The CM reviewed possibilities of further cooperation in various sectors like health, education, renewable energy, vocational training, information technology and others in the meeting. CM Maryam Nawaz appreciated Germany’s ongoing cooperation and investment in development sectors of Punjab, and assured German investors and businessmen of full support in providing help and facilities they needed. She said that Germany was a global leader in…
Author: Iqra Khan
Islamabad, JULY24: Honda Atlas Cars (Pakistan) Limited (PSX: HCAR) released its financial results for the first quarter of FY25 today. The company reported a profit after tax of Rs. 202 million, a 40% YoY increase over the same time the previous year when it reported a profit of Rs. 144.9 million. In a quick evaluation, Topline Securities stated that the outcome fell short of expectations because of low gross margins.During the time under examination, the automaker did not declare any dividend payments to its stockholders. Sales for the first quarter of FY25 increased 324 percent year over year to Rs.…
Islamabad, JULY24: The Xiaomi SU7 electric car continues to be highly popular in China, where used units can command prices higher than their initial purchase price. In a video posted on July 23, a blogger by the name of Li Dazhui sold his Xiaomi SU7 Max Founders Edition to illustrate this phenomena. After learning from a friend that the model was selling for more money on the secondary market than he had paid for it, Li made the decision to sell his car. The Founders Edition is no longer in production, which adds to its high resale value. The Vehicle…
Islamabad, JULY24: A meeting was scheduled at the South Punjab Secretariat in Multan on August 1, following the directives of Additional Chief Secretary South Punjab, Fuad Hashim Rabbani. The purpose of the meeting is to discuss the development of a traffic control plan for Multan and Bahawalpur using Artificial Intelligence (AI) applications.The session will include City Traffic Police Officers from both cities, the Director General of the Bahawalpur Development Authority, and the Additional Director General of the Multan Development Authority.
Islamabad, JULY24: The Institute of Strategic Studies Islamabad (ISSI), in collaboration with Beaconhouse National University (BNU) Lahore, hosted an International Conference on July 24, 2024, titled “Strengthening Pakistan-U.S. Relations.” The event featured distinguished diplomats, practitioners, and academics from both Pakistan and the United States. The keynote speaker, H.E. Donald Blome, Ambassador of the United States of America to Pakistan, discussed the importance of the U.S.-Pakistan relationship, emphasizing the long history of partnership and cooperation between the two nations. He highlighted the U.S.’s recognition of Pakistan’s potential, particularly its dynamic young population and economic opportunities. Ambassador Blome appreciated Pakistan’s contribution to…
Islamabad, JULY24: Following the discovery of multiple health and safety infractions by city health inspectors, a Pakistani restaurant in Scarborough has been temporarily closed. Toronto Public Health on Monday issued a closure notice for Patna Kabab House, located at 1885 Lawrence Ave. E., citing six violations.The DineSafe website of Toronto Public Health states that Under the Food Premises Regulation, one or more serious violations were found that pose an immediate risk to public health and cannot be fixed during an inspection. Patna Kabab House, which is well-known for its curries, biryani, and bihari kebabs, was cited for two serious infractions,…
Islamabad, JULY24: To discuss Chinese investments in Pakistan, Prime Minister Muhammad Shahbaz Sharif met on Tuesday with a group from Hengeng Trading Company, headed by Chairman Zhang Bin. The Prime Minister was briefed by the delegation from Hengeng Trading Company about their investments in livestock, agricultural, and medical. They are investing fifty million dollars to build a state-of-the-art slaughterhouse in Gwadar. Up to $30 million more in cattle exports from Pakistan to China are anticipated as a result of this facility, which will also generate about 1,000 jobs locally. In the Gwadar Free Zone, the Hengeng Trading Company also processes…
Islamabad, JULY24: The 38th death anniversary of Pakistan’s eminent Urdu writer and civil servant Qudrat Ullah Shahab was observed on Wednesday.He was born in Gilgit on February 26, 1920. Qudrat Ullah Shahab started writing in his early days, both in Urdu and English languages and at the age of 16, he won an international essay competition organized by the Readers Digest, London.Qudrat Ullah Shahab is best known for his autobiography “Shahab Nama”.Qudrat Ullah Shahab died on July 24,1986, in Islamabad.
Islamabad, JULY24: The world’s forests are becoming increasingly susceptible to wildfires and pests due to climate change, according to a new report by the UN Food and Agriculture Organization (FAO). “Forests and trees are essential components of agrifood systems. The removal of forest cover, especially in the tropics, increases local temperatures and disrupts rainfall patterns in ways that compound the local effects of global climate change, with potentially severe consequences for agricultural productivity,” the report warned. The report is calling for innovation in the forestry sector alongside urgent action from the international community in order to face these challenges and…
Islamabad, JULY24: Pakistan has urged the world community to espouse collaborative efforts for the conservation of the Markhor, given its role in the overall ecosystem. “For Pakistan, the Markhor holds a special significance as it is our national animal,” Ambassador Munir Akram, permanent representative of Pakistan to the UN, told a side event that focused on strategies for the protection of this iconic animal, also known as a “screw-horned goat.” “Markhors offer a significant opportunity to bolster the economy, foster conservation efforts and promote sustainable tourism and economic growth,” Ambassador Akram said at the event convened by the Tajikistan Mission…
