A new joint venture was established with the goal of investing $300 million over the following five years in order to bolster Pakistan’s real estate sector and draw in international investment. Reportage Properties, the top real estate developer in the United Arab Emirates with its headquarters in Abu Dhabi, and Empire Holding Pakistan, the top residential and commercial real estate firm in Lahore, Pakistan, have entered into a joint venture to begin operations in the rapidly expanding Pakistani real estate market. The signing ceremony was held last Sunday at the Yas Hilton Hotel in Abu Dhabi as part of a…
Author: Iqra Khan
The Federal Higher Education Commission. approved a pay raise for university vice-chancellors. HEC Chairman Dr. Mukhtar Ahmed presided over the 43rd meeting, where this decision was taken. The meeting came to the conclusion that pay for vice-chancellors nationwide needed to be raised and standardized since they were too low. The new pay, which includes all allowances, will be equivalent to that of a tenure-track professor at Rs. 1 million. Furthermore, the Transnational Policy 2024 was agreed at the meeting. According to this guideline, in order to admit students, 35 Pakistani universities and colleges connected to overseas universities must have a…
A new guideline regarding teachers’ leave from Pakistan has been introduced by the Higher Education Department. Teachers who wish to take study leave under this policy have to provide a Rs. 2.5 million surety bond. The new policy has been communicated to instructors and staff through a notification from the Department of Higher Education. In addition, all current cases of ex-Pakistani leave details have been requested by the department.The announcement further stated that a surety bond submission is required for all candidates on leave. In particular, applicants for study leave must submit a Rs. 2.5 million surety bond. Furthermore, a…
Senior Provincial Minister Marriyum Aurangzeb declared that the anti-smog campaign’s second phase had begun, on Tuesday. She said in a statement released here that the Smog-Free Punjab vision has required the stringent implementation of laws and regulations by Punjab’s Chief Minister, Maryam Nawaz Sharif.She mentioned that the initial three-month phase was centered on delivering technology, equipment, facilities, and technical support to all sectors. Climate Action Pakistan: She warned that breaking environmental laws will result in fines, penalties, and arrests and that over the next three months, environmental protection laws and regulations will be strictly enforced in industry, agriculture, traffic, and…
A Climate Application Forum was organized on Tuesday by the Pakistan Meteorological Department (PMD) and the Regional Integrated MultiHazard Early Warning System (RIMES).Experts, decision-makers, and interested parties from a range of industries convened at this event to talk about cutting-edge approaches and uses for catastrophe risk reduction and climate resilience. Dr. Muhammad Afzaal, Chief Meteorologist at PMD, gave a thought-provoking keynote speech to kick off the forum. He stressed the urgent need for improved climate services and cutting-edge applications to lessen the effects of climate change.Lt. Gen. (Rted.) Nadeem Ahmad, Advisor at RIMES, who was the chief guest, emphasized the…
Prime Minister Shehbaz Sharif emphasized the great potential for foreign investment in Pakistan’s mining, energy, industry, agriculture, and other sectors.In a meeting with Emomali Rahmon, the president of Tajikistan, on Tuesday, The Tajik president cordially received the prime minister upon his arrival at Qasr-e-Millat, and the Tajik military forces presented a guard of honor.President Emomali Rahmon highlighted the friendly and fraternal ties that exist between Tajikistan and Pakistan. The two leaders talked about how to improve their nations’ cooperation in a variety of spheres, this is the great investment news for Pakistan.In order to strengthen ties between the people of…
The University of Faisalabad (TUF) organized a number of sporting events here on Tuesday to commemorate Olympic Day with great fervor and enthusiasm. In athletic activities like as table tennis, fun games, shot put, javelin throw, arm wrestling, etc., university students and staff demonstrated their talent and teamwork. Speaking during the event, TUF Deputy Director of Sports Altaf Hussain expressed the university’s belief that athletics have the ability to change people’s lives and create a more peaceful and well-adjusted community.According to him, the purpose of commemorating Olympic Day is to encourage young people to embrace the principles of the Olympic…
The Pakistan Stock Exchange’s (PSX) 100-index maintained its bullish trend on Tuesday, finishing at 79,552.89 points as opposed to 78,824.33 points on the previous working day. This represents a positive move of 0.92 percent. In comparison to the 306,038,889 shares exchanged the day before, 413,153,249 shares were moved during the day. The price of the shares was Rs 16.597 billion as opposed to Rs 13.746 billion on the previous trading day.In the stock market, about 431 firms exchanged their shares; 246 of them saw gains, 128 saw losses, and the share prices of 57 companies stayed the same. WorldCall Telecom,…
In interbank trade on Tuesday, the value of the Pakistani Rupee fell by 3 paisa in relation to the US dollar, finishing at Rs 278.37 as opposed to Rs 278.34 the day before.On the other hand, the open market dollar purchasing and selling rates were, according to the Forex Association of Pakistan (FAP), Rs 277.7 and Rs 280.55, respectively. The State Bank of Pakistan (SBP) reports that the price of the Euro rose by 73 paisa to close at Rs 298.39, up from Rs 297.68 the previous day.The British Pound saw a reduction of 47 paisa in exchange rates, closing…
Government College Women University Faisalabad (GCWUF) conducted a successful Self-Review of Institutional Performance and Enhancement (RIPE) to evaluate university performance in different categories. Directorate of Quality Enhancement Cell (QEC) organized the RIPE while Mr. Muhammad Waseem, Director QEC from the National College of Arts (NCA) Lahore, served as the external evaluator. The internal review panel included Dr. Aasma Khalid, Mr. Asif A. Malik, Mr. Muhammad Tariq Shahzad, Dr. Nausheen Syed, Dr. Sadia Asim, and a Lead Student Representative.The evaluation focused on sixteen standards across three main categories including Strategic Development, Academic Development, and Institutional Development. The panel reviewed each standard…
