ISLAMABAD, JULY21: Coordinator to the Prime Minister on Climate Change & Environmental Coordination, Romina Khurshid Alam on Sunday emphasised efforts have been launched on the PM’s directives to set up mountaineering school in Gilgit-Baltistan having structured training and educational facilities specifically tailored to mountaineering, sherpa training and sustainable tourism practices in Pakistan’s north to promote world-class environmental-friendly mountaineering, climbing and mountain tourism. While chairing a second review meeting of the Prime Minister’s Committee to Establish Mountaineering School in Gilgit-Baltistan held here in the climate change and environmental coordination ministry, Romina Khurshid Alam said, “Prime Minister Shehbaz Sharif is very much…
Author: Iqra Khan
ISLAMABAD, JULY21: The raid on the Bahria Town skyscraper has been denounced by real estate mogul Malik Riaz, who claims that “such actions will prove to be lethal for the country’s economy.” Malik Riaz tweeted, “I will not bow down to the oppressor,” after posting images of the raid to his X (previously known as Twitter) account. These are the scenes from today, where security guards storm into a building in Bahria Town without a warrant. He questioned whether it demonstrated the government’s preference for demolition over luring in investment. “I stand by my opinion in spite of all of…
ISLAMABAD, JULY21: MANSEHRA: Residents of the Ghanool area in this tehsil of Balakot warned on Saturday that they would hold protests in the streets and file a lawsuit with the Peshawar High Court if the government did not give them the market price of the property they had purchased for the construction of a road as part of the tourist exploration plan. Muqadar Hussain Mughal, the chairman of the Ghanool Village Council, told reporters in this location, “The district administration banned the sale and purchase of our land five years ago for the construction of the Ghanool-Paprang Road but we…
ISLAMABAD, JULY21: The Small Industries Development Board (SIDB) Khyber Pakhtunkhwa has formally started work on the massive Peshawar Industrial Park project.According to specifics, the officials have emphasized that the construction businesses involved have been directed to finish both Phase 1 and Phase 2 of the project in a two-year period. The Industrial Park’s location beside the 48-kilometer, four-lane Peshawar–Torkham road would promote effective trade routes and regional economic integration. The CEOs of two top construction companies received work orders from SIDB Managing Director Habibullah Arif on Thursday, signaling the acceleration of the PKR 3 billion mega program. Important individuals, such…
ISLAMABAD, JULY21: Pakistan Mobile Communications Limited, or Jazz for short, has gotten the biggest syndicated credit facility of the private sector, worth Rs75 billion, from commercial banks. The money will go toward building out its 4G network, improving mobile internet access, and encouraging digital inclusion. On Friday, the firm that provides mobile phone services and a group of banks led by The Bank of Punjab (BOP) inked a 10-year financing deal. A statement reads, “(The) finance arrangement will support Jazz’s new ServiceCo model while significantly helping its ongoing 4G network expansion and technological upgrades.” Technology analyst Noman Said noted in…
ISLAMABAD, JULY21: A joint venture strategy between Chinese and Pakistani enterprises and commercial organizations has been developed; as per the details, Chinese corporations will be asked to invest in seven significant and prominent sectors of Pakistan. Additionally, 167 company organizations from Pakistan and 78 business organizations from China will take part in this massive session, which is anticipated to significantly advance the investment industry. This was stated in the briefing for the combined Board of Investment meeting, which was presided over by federal ministers Jam Kamal Khan and Abdul Aleem Khan. Abdul Aleem Khan, the Federal Minister of Investment Board,…
ISLAMABAD, JULY21: In the fiscal year ended June 30, 2024, foreign investors invested $581 million, the second-highest amount ever, in Pakistan’s government debt securities, specifically three to 12-month T-bills. This substantial investment demonstrates growing optimism about the home economy. Topline Research reported, using data from the State Bank of Pakistan (SBP), that in June of FY24, Pakistan attracted a net investment of $194 million in the debt instrument alone, increasing the total investment to $581 million for the full year. After reaching a peak of $621 million in FY20, they are Pakistan’s second-highest net inflows in a year. Since FY20,…
ISLAMABAD, JULY21: Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar on Sunday said that Pakistan had lodged a strong protest with the German Government in the wake of yesterday’s attack by a gang of extremists on Pakistan Consulate in Frankfurt. The DPM, foreign minister, in a post on X account, said that yesterday a gang of extremists breached the premises of Pakistan’s consulate in Frankfurt, Germany endangering the lives of its consular staff. Dar said the German government was urged to fulfill its responsibilities under the Vienna Conventions and ensure the security of the diplomatic missions and staff of…
ISLAMABAD, JULY21: Due to the projected severe monsoon rains from Monday to Thursday, the Provincial Disaster Management Authorities (PDMA) of Sindh and Punjab have issued warnings about the possibility of flash floods in a number of their respective cities. Cities under risk of flash floods include Rawalpindi, Attock, Jhelum, Chakwal, Mandi Bahauddin, Gujrat, Gujranwala, Hafizabad, Sheikhupura, Sialkot, Narowal, Sahiwal, Jhang, and Toba Tek Singh, among others, according to a notice posted by the PDMA Punjab on social media platform X. The warning stated that strong winds and rain could damage solar panels, electric poles, billboards, and mud dwellings.According to PDMA…
ISLAMABAD, JULY21: Under the direction of the president of the KP Students Games Association and the director of sports at the University of Peshawar Bahre Karam, the general council meeting of the Khyber Pakhtunkhwa Students Olympics Association was conducted on Sunday. Along with Anwar Rasheed, Taj Muhammad, Director Sports Peshawar Education Board Manzar Khan, Director Sports Shaheed Benazir Bhutto Women University Maria Samin, Director Sports Laila Hidayatullah, Sajjad Khan, and others, the meeting was also attended by the President of the Pakistan Students Olympics Federation, Maqbool Arain. Speaking at the meeting, President of the KP Students Olympic Association Bahre Karam…
