ISLAMABAD, JULY20: The head of the UN agency for Palestine refugees, UNRWA, welcomed the decision by the United Kingdom on Friday to resume funding of the agency “at a critical time, as the agency continues to come under harsh and unprecedented attacks” from Israel which is campaigning to dismantle it. Sixteen countries pulled funding from the UN agency in January worth $450 million following unproven Israeli allegations that a dozen of its staff members had been involved in the Hamas-led attacks on southern Israel on 7 October.The UK’s Foreign Secretary in the new Labour Government, David Lammy, made the announcement…
Author: Iqra Khan
ISLAMABAD, JULY20: Jazz, Pakistan’s leading digital operator has successfully secured the largest private sector syndicated credit facility, totalling up to Rs. 75 billion. The banking consortium was led by The Bank of Punjab (BoP), and this 10-year financing arrangement will significantly support Jazz’s ongoing 4G network expansion and technological upgrades while supporting its new ServiceCo model, said a news release.The signing ceremony was attended by VEON Group CEO, Aamir Ibrahim, CEO of Jazz, and the Presidents of participating banks along with their representatives. The consortium includes prominent financial institutions acting as mandated lead advisors and arrangers, namely Habib Bank Limited,…
ISLAMABAD, JULY20: The top bus manufacturer in the world, Yutong, has revealed intentions to build a new facility in Karachi specifically for the production of electric vehicles (EV) and intra-city buses. This choice was made in response to an invitation sent in July 2022 by Senior Minister of Sindh, Sharjeel Inam Memon. Minister Sharjeel Inam Memon said that Yutong’s CEO for the Middle East and other business representatives recently traveled to Karachi to complete the arrangements. The plant’s construction is scheduled to start in three months and be finished by the following year. This plant will produce diesel hybrid buses…
ISLAMABAD, JULY20: The Punjab government has made the decision to introduce a tram service in Lahore in an effort to enhance the city’s aesthetics and public transit. The sanction was given during a meeting at the Lahore Development Authority (LDA) headquarters that was presided over by Punjab Chief Minister Maryam Nawaz Sharif. The 11-kilometer tram line will stop every one to 1.5 kilometers and pass through important places such Hali Road, Liberty, Main Market, and Mini Market. Furthermore, as part of a reconstruction and beautification project, MM Alam Road will be turned into a one-way in order to accommodate the…
ISLAMABAD, JULY20: The Alto is regarded by fans as the most well-known and gorgeous car after the Mehran, especially for those looking for an affordable vehicle with great fuel economy. The episode picks up steam when we learn that Suzuki Motor of Japan is preparing to reduce hatchback weight by 15% for the first time in more than ten years. To put it plainly, the Alto, which currently weighs 680 kg, will be 100 kg lighter. The goal is to lower the vehicles’ energy consumption based on their weight. Furthermore, the plan calls for including associated technological advancements.Executive in charge…
ISLAMABAD, JULY20: Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue (FBR) to expedite its digitization efforts following the discovery of an 800 billion rupee tax refund fraud in the last four months. She also expressed regret for the delays in implementing various reform projects within the FBR. During the meeting, it was disclosed that 83,579 tax-related cases valued at 3.2 trillion rupees remain pending in various courts and tribunals. The current government has been actively working to resolve these cases, with 63 cases valued at 44 billion rupees already settled in the last four months,with the use…
ISLAMABAD, JULY20: On past-due installments, the Defence Housing Authority (DHA) Multan is waiving a 100% fee. Property owners who pay off their due installments by July 31, 2024, as announced on their official Facebook handle, are eligible for this option. The initiative’s goal, as stated in the specifics, is to protect the project’s financial integrity while guaranteeing prompt payments to homeowners and investors. Residents who take advantage of this waiver can keep the thriving DHA Multan community strong and avoid paying additional expenses.For additional details: 061-111-111-189; email address: [email protected]
ISLAMABAD, JULY20: August 1, 2024 is the deadline for residents to make installment payments towards the prestigious Chahar Bagh Project, which is setting new standards in luxury living. Residents who fail to make payments by this date will incur surcharges. The project’s financial integrity and avoidance of additional fees depend on timely payments, which will further strengthen our vibrant community. For more information, contact [email protected].
ISLAMABAD, JULY20: Special Investment Facilitation Council has facilitated agreements and MOUs for bolstering cooperation between Pakistan and Azerbaijan in diverse fields. The two countries have agreed to enhance mutual trade and investment from one million dollars to two billion dollars. They have signed fifteen memorandums of understanding and agreements covering trade, tourism, minerals, science and technology, law and justice and cultural exchange programs.
ISLAMABAD, JULY20: Strong monsoon currents are predicted to move from the Arabian Sea and Bay of Bengal into the upper regions beginning on July 22, according to the Met Office. The following will be brought about by this weather system: Kashmir: From the evening of July 21 to July 27, with sporadic breaks, rain and thunderstorms, including some heavy showers, are predicted in the Kashmir area (Neelum Valley, Muzaffarabad, Rawalakot, Poonch, Hattian, Bagh, Haveli, Sudhanoti, Kotli, Bhimber, and Mirpur). Punjab/Islamabad: From July 22 to July 25, with sporadic breaks, rain and thunderstorms with the possibility of heavy showers are predicted…
