ISLAMABAD, JULY16: China is ready to provide a platform and create opportunities for Palestinian factions to engage in dialogue for reconciliation, Chinese Foreign Ministry spokesperson Lin Jian said on Tuesday. Addressing a regular press conference, the spokesperson reiterated that China has always supported reconciliation and unity among Palestinian factions through dialogue and consultations. Lin made the comments in response to reports that senior officials of the Palestinian National Liberation Movement (Fatah) and the Palestinian Islamic Resistance Movement (Hamas) will meet in Beijing over the upcoming weekend. He said that China will release relevant, specific information in due course. Lin Jian…
Author: Iqra Khan
ISLAMABAD, JULY16: A delegation of journalists from Balochistan province, accompanied by representatives from the China International Communications Group (CICG) called on Pakistan Ambassador to China Khalil Hashmi at Pakistan Embassy Beijing on Tuesday. Warmly welcoming the delegation, Ambassador Hashmi emphasized the pivotal role of media in fostering friendship between Pakistan and China. He underlined the significance of Pakistan-China ties and encouraged both Pakistani and Chinese media to actively highlight success stories of the enduring relationship. Ambassador also highlighted the central position of Balochistan in China-Pakistan Economic Corridor (CPEC) and underscored the importance attached by Pakistan and China to the development…
ISLAMABAD, JULY16: Pakistan Women’s Cricket Team fllew from Jinnah International Airport to Columbo via Dubai to participate in the Asia Cup here on Tuesday.The Team will play their first match in the Asia Cup against arch-rivals India in Dambulla on July 19. Pakistan Women’s Cricket Team Squad: Nida Dar (captain), Alia Riaz, Diana Baig, Fatima Sana, Gul Feroza, Iram Javed, Muniba Ali, Najiha Alvi, Nashera Sindhu, Umima Sohail, Sadia Iqbal, Sudra Amin, Aroob Shah, Tasmia Rabab and Touba Hasan.
ISLAMABAD, JULY16: In a significant move towards advancing agricultural technology through international collaboration, four Pakistani universities including Quaid-i-Azam University, Pir Mehr Ali Shah Arid Agriculture University, Sindh Agriculture University, and Ayub Agricultural Research Institute have joined the Silk Road Agricultural Education and Research Innovation Alliance at the 9th Silk Road Agricultural Education and Research Cooperation Forum held in Tashkent, Uzbekistan from July 9-12. This collaboration aims to foster cooperation between leading institutions in China and Pakistan, focusing on the exchange and joint development of new food crops, vegetable varieties, and medicinal crops. Abdul Ghaffar Shar, a Post-doctoral Research Fellow at…
ISLAMABAD, JULY16: The 5th death anniversary of famous Urdu poet, writer and actor Himayat Ali Shair is being observed on Tuesday.Born in Aurangabad, India on July 14, 1926, he worked for All India Radio and migrated to Pakistan in 1951 to begin his remarkable career with Radio Pakistan at Karachi. His first poetry book was published in 1956 “Aag Main Phool” which received the Presidential Award in 1958.His other collection of poetry includes Mitti Ka Qarz, Tashnagi Ka Safar and Haroon Ki Awaz. In 2007, he published collection of all of his poetry as Kuliyat-e-Shaer. Himayat Ali Shair received the…
ISLAMABAD, JULY16: Due to serious operational problems and budgetary limitations, oil marketing firms (OMCs) have requested that the federal government raise their margins for MS gasoline and high-speed diesel (HSD). The Oil Marketing Association of Pakistan (OMAP) urged appropriate shareholder returns, operational realities, and license conditions for margins in a letter to Chairman OGRA. It forewarned that immediate action is required to prevent pandemonium as the petroleum sector is on the verge of collapse. According to OMAP, maintaining a 20-day stock costs around Rs. 3.45 per litre sold at a markup rate of 22% annually, while a 10-day stock need…
ISLAMABAD, JULY16: The agreement reached at the staff level of the International Monetary Fund (IMF) enhances funding chances, although Moody’s Ratings noted on Tuesday that maintaining reforms is essential to reducing liquidity risks. A staff-level agreement was made on July 12th, 2012, between the Pakistani authorities and the IMF for a 37-month Extended Fund Facility Arrangement (EFF) worth around $7 billion. The IMF Executive Board must approve the deal; however, a vote date has not yet been scheduled. Pakistan’s (Caa3 steady) funding chances will be enhanced if the new IMF program is approved, which we anticipate is likely. In order…
ISLAMABAD, JULY16: In the current fiscal year, Pakistan is predicted to report its biggest primary surplus ever. Under the latest International Monetary Fund bailout, Pakistan is predicted by Topline Securities to record its biggest Primary Surplus of 2 percent of GDP in FY25 in the previous 25 years (IMF). The IMF requires the federal government to attain a primary surplus, which suggests that before interest payments are deducted, the nation’s expenses should be less than its earnings. Both current (non-development) and development expenses are included in expenditures. For FY25, the main surplus objective set by the federal government is Rs.…
ISLAMABAD, JULY16: Ehsan Sadiq, a grade 21 Police Service of Pakistan officer, has been named by the federal government as the National Anti Money Laundering and Counter Financing of Terrorism Authority’s Director General for a three-year term. According to a notification, the Prime Minister has appointed Ehsan Sadiq as DG National Anti Money Laundering and Counter Financing of Terrorism Authority under cabinet division in accordance with Section 9 of the National Anti-Money Laundering and Counter Financing of Terrorism Authority Act, 2023, read with contract appointment, re-employment policy, circulated via Establishment Division OM dated 6/5/2000.Ehsan Sadiq was hired on a contract…
ISLAMABAD, JULY16: Ex-Commerce Minister Dr. Gohar Ejaz has come under fire from Energy Minister Awais Leghari for a recent tweet in which he referred to the federal administration as inept and stated that the “Power Sector is the True Face of its incompetence.” Greetings, former minister. FYI (inaccurate) Thirty-five years of poor and desperate planning is coming to an end. The privatization of discos has been forcefully started for the first time. Something that had never been done before,” he tweeted on Monday. According to him, the government plans to finish the first round of privatization by June 2025. Within…
