Author: Iqra Khan

Islamabad 13July: United States Ambassador Donald Bloom during his meeting with Interior Minister Mohsin Naqvi on Saturday discussed matters of mutual interests and strengthening of bilateral relations with each other.The meeting focused on issues such as enhancing cooperation in combating terrorism, narcotics trafficking and bolstering security. Both sides agreed to hold a joint ‘Law Enforcement Dialogue’ in coming October this year. Minister Naqvi emphasized the significance of US support in strengthening Pakistan’s law enforcement agencies.He also highlighted the recent discussions in New York to foster collaboration between the Islamabad Police and the New York Police Department. A delegation from Islamabad…

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Islamabad 13July: The Fruit and Vegetable Association’s chairman, Waheed Ahmed, addressed worries on the detrimental effects of climate change on Pakistan’s mango harvest. He disclosed that there has been a 35% decrease in mango yield this year, which he attributed to unfavorable weather. Ahmed noted that Pakistan has been experiencing the effects of climate change since 2013, with rising global temperatures posing serious risks to food security and agriculture.He made the point that the nation may soon face serious issues with food security if quick action is not taken to lessen these effects. Ahmed highlighted the recent heat-related deaths in…

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TEHRAN 12July:  On May 19, 2024, the untimely passing of President Ebrahim Raisi- a deeply respected and dedicated public servant- in a tragic helicopter crash precipitated early elections in Iran, marking a pivotal moment in our nation’s history. Amidst war and turbulence in our region, Iran’s political system demonstrated remarkable stability by conducting elections in a competitive, peaceful, and orderly manner, dispelling insinuations made by some “Iran experts” in certain governments. This stability, and the dignified manner in which the elections were conducted, underscore the discernment of our Supreme Leader, Ayatollah Khamenei, and the dedication of our people to democratic…

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Islamabad 12July: A group from the British International Investment (BII) Board paid a visit to Finance Minister Muhammad Aurangzeb today in the Finance Division. Chairman Diana Layfield, CEO BII Nick O’Donohoe, MD & Head of Asia Srini Nagarajan, Regional Director South Asia Habib Yousaf, Development Directors Alex Woods & Jo Moir, Senior Economic Advisor Louie Dane, and Finance Division representatives were present at the meeting. In addition to expressing gratitude for the government’s efforts to stabilize the economy and improve the investment climate, the British International Investment delegation indicated interest in making investments in the energy sector, namely in the…

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Islamabad 12July: The CM Punjab Climate Leadership Development Internship 2024 is now accepting applications! Through its official website, the Punjabi government has offered an internship opportunity for Pakistani nationals who hold a Punjabi domicile. “My Punjab Smog Free” is the internship’s catchphrase. This is a paid internship program; in addition to receiving a stipend of 25,000 Pkr for the duration of the internship, participants will also get a Community Service Certificate from the Punjab Higher Education Commission and the Environment Protection Agency. It is advised that applicants apply if they have finished their bachelor’s degree in environmental engineering or sciences.…

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Islamabad 12July: In order to keep the International Monetary Fund (IMF) bailout package intact, the Pakistani government implemented a budget that included record-high real estate taxes. Capital Gains Tax and Advance Tax on property sales were increased by the government as part of significant adjustments to the tax rates on immovable property. Rates of Capital Gains Tax on Property for Filers In advance of the sale of real estate in 2024 With these changes, the tax system will be even more streamlined for all types of properties, improving revenue collection and guaranteeing fair taxation for all property values and ownership…

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Islamabad 12July: During its 70th meeting, the Capital Development Authority Development Working Party (CDADWP) authorized four development projects totaling more over PKR 8 billion. The construction of underpasses at Serena Chowk and the Convention Centre, which aim to improve traffic flow from Srinagar Highway, Khyaban-e-Suharwardy, and Murree Road, is one of the key projects approved, according to the information. Underpasses are located on both sides of Serena Chowk and the Srinagar Highway, and three loops lead to Khyaban-e-Suharwardy as part of this PKR 4.56 billion project (PC-1). Six months are estimated to be needed to finish the project.The PKR 3.99…

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Peshawar 12July: As reported on July 12, DHA Peshawar and Mumtaz Construction Company (MCC) have joined to start the ambitious project of developing a 425 Kanals Commercial Zone in Sector A. This is a big development. According to specifics, the recently signed agreement describes a thorough plan that involves the construction of public spaces, commercial plots, a vast road network, and a strong water infrastructure. This partnership, which aims to develop the designated area into a vibrant business hub, is a significant turning point for DHA Peshawar. The project is positioned to improve the quality of life for locals by…

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Karachi 12July: Karachi Commissioner Syed Hassan Naqvi chaired a meeting on Wednesday to discuss the plans for evacuating hazardous and decaying structures in the city, on July 12. Details indicate that district South is home to the majority of the 450 unsafe and decaying buildings, according to a briefing from a Sindh Building Control Authority official. Syed Ghulam Mehdi, Deputy Commissioner South Altaf Sario, Additional Commissioner Karachi-I, and other officials attended the meeting. All endangered buildings have notices requiring their evacuation, it was disclosed during the meeting.Forty buildings were listed in detail as being extremely dangerous and requiring an immediate…

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Islamabad 12July: Ambassador of Spain to Pakistan Jose A. de Ory Friday called on Minister for Finance and Revenue Senator Muhammad Aurangzeb at Finance Division.The minister welcomed the Ambassador and discussed the cooperation and longstanding relations between the two countries, said a press release here. The minister gave an update on some of the indicators including building up of foreign exchange reserves to USD 9.4 billion, robust performance of the stock exchange, declining trend of inflation rates with CPI inflation clocking in at 12.6% in June 2024, and increase in foreign remittances by 7.7% as compared to last year. He…

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