ISLAMABAD, JULY15: Prime Minister Muhammad Shehbaz Sharif on Monday said the government was committed to investing in modern skills and professional education for the youth. In his message in connection with the World Youth Skills Day, the prime minister said the greatest strength of Pakistan was its talented youth and equipping them with modern skills was the need of the hour to secure the future of the country.He highlighted that the government was equipping its youth with modern education, equal development opportunities as well as modern professional training to compete with the world. The prime minister reiterated the government’s resolve…
Author: Iqra Khan
ISLAMABAD, JULY15: One of the top smartphone manufacturers in Pakistan, TECNO, has teamed up with Naqees, a well-known Gen Z apparel company, to introduce a line of fashionable goods that capture the modern style and eye-catching color scheme of the recently released CAMON 30 LOEWE Edition.Who doesn’t enjoy a unique tote bag or a chic, personalized t-shirt, after all? These customized items not only brighten your outfit, but they’re also a stylish and enjoyable way to show off your uniqueness. Thus, TECNO Mobile Pakistan is once again upholding its heritage by continuing to lead the fashion curve, whether it be…
ISLAMABAD, JULY15: The Oil and Gas Development Company (OGDCL) Board Chairman, Zafar Masud, expressed his appreciation for Ahmed Hayat Lak’s exceptional work as OGDCL’s MD/CEO.Chairman of OGDCL Zafar Masud noted major operational improvements since Ahmed Hayat Lak took over in an interview with a private news TV program. He attributed these successes to a strategy centered on production optimization, indigenization, and transparency. “To close operational gaps, we have made sure that policies, processes, and governance are transparent,” Masud said. He recognized the MD/CEO’s leadership in leading production optimization initiatives in all of OGDCL’s current fields. “We have seen a significant…
ISLAMABAD, JULY15: The Ministry of Human Resource Development and Overseas Pakistanis intends to obtain employment licenses for Pakistani nationals in Iraq. To do this, the ministry will sign a memorandum of understanding (MoU) with the Iraqi Ministry of Labor.Interior Minister Mohsin Naqvi was present when Minister Chaudhry Salik Hussain and Iraqi Ambassador Hamid Abbas Lafta discussed this. According to Minister Salik, the MoU would make it easier for Pakistani nationals to get work permits in Iraq, which will increase legal immigration and decrease unauthorized access. The Iraqi ambassador was reassured by Interior Minister Naqvi of his help in resolving the…
ISLAMABAD, JULY15: The benchmark index KSE-100 of the Pakistan Stock Exchange (PSX) reached an all-time high, within the first hour of trading on Monday, surpassing the 81,000 point mark, as investors rejoiced over the staff-level agreement between Pakistan and the International Monetary Fund (IMF).The KSE-100 index reached an intraday high of 81,380 points after rising by 1,436 points. Bullish momentum was seen at the KSE-100 following the staff-level agreement on a 37-month Extended Fund Facility (EFF) Arrangement worth around US$7 billion agreed by the International Monetary Fund (IMF) and Pakistani authorities. Within minutes of opening, the index increased by more…
ISLAMABAD, JULY15: The top bank in Pakistan, HBL, has made a strategic investment in AFT, a cutting-edge fintech startup, with the goal of boosting the growth of Pakistan’s merchant and agricultural industries.In these vital unbanked industries, our investment will improve operational efficiency and financial inclusion. AFT provides farmers and merchants with a bilingual interface for digital payments and financial services through its Digitt+ platform.By providing farmers with timely payments and businesses with easy digital transactions, HBL’s investment in AFT will increase financial inclusion in Pakistan. Head of Corporate Strategy at HBL Naeem Bashir Ahmad commented on this development, saying: “HBL…
ISLAMABAD, JULY14: France has expressed desire to increase bilateral relations especially in trade and investment sectors with Pakistan. The desire was expressed by the Ambassador of France to Pakistan Nicolas Galey during a function in Islamabad held to mark National Day of France.Minister of Privatization Abdul Aleem Khan graced the occasion. Speaking at the event, he said France has vast opportunities to invest in Pakistan in the fields of Minerals, Energy, Agriculture, Information Technology and Defense production. Abdul Aleem Khan said bilateral friendly relations between Pakistan and France have great significance as more than one hundred thousand Pakistanis are residing…
ISLAMABAD, JULY14: In order to settle monthly tax payments under the Tajir Dost Scheme, traders and FBR representatives are getting ready for their last meeting tomorrow. Sources with knowledge of the situation indicate that 42 cities’ Regional Tax Offices (RTOs) will meet virtually to discuss and offer comments on the FBR’s suggested tax tables. Based on market segments including affluent, medium-class, and impoverished places, these tables provide the anticipated monthly tax installments for merchants, store owners, and retailers. The goal of the talks is to complete the valuation tables, which will thereafter be suggested to the FBR for formal announcement…
ISLAMABAD, JULY14: Special Investment Facilitation Council plays a significant role in development of real estate projects to increase foreign investment in the country. According to the details, an agreement has been reached between the world-renowned company Reportage Properties of the United Arab Emirates and the well-known Pakistani company Empire Holding.The agreement includes the establishment of a company called Reportage Empire Pakistan. The company’s first project based on international engineering standards will be launched in Lahore.Launching various projects in major cities of Pakistan and attract foreign direct investment to boost the economy and create employment opportunities are among top priorities of…
ISLAMABAD, JULY14: Coordinator to Prime Minister on Climate Change, Romina Khurshid Alam said that although Pakistan ranks at the lowest among the countries facing mounting risk of human uptake of microplastics through various food and non-food sources, the present government remains committed and taking all-out measures in collaboration with all provincial governments for tackling the menace of the plastic to protect public health and the environment from adverse impacts of the plastic pollution. “Managing plastics throughout their product life-cycle and reducing the use of plastics, when possible, to move towards a more sustainable plastics economy. is challenging but critical to…
