Author: Iqra Khan

Islamabad, Dec 3: According to a recent Korean story, Samsung will present its eagerly anticipated XR (Extended Reality) glasses in prototype form at the Galaxy S25 launch event in January 2025. But it won’t be possible to buy these spectacles right away. Like the Galaxy Ring preview at Unpacked earlier this year, the firm will present them in a teaser style, most likely through a picture or video. Although they won’t be available for purchase during the event, industry sources indicate that the finished XR glasses could be released in the third quarter of 2025, most likely between July and…

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Islamabad, Dec 3: Rescue 1122 held a training session at the Central Station Chowk Kumharanwala as part of the Chief Minister’s Internship Program. Under the direction of District Emergency Officer Dr. Hussain Mian, the training for the Pakistan Lifesaving Program officially began during the session. According to government sources, students from different colleges will get practical first aid training as part of this internship program. Comprehensive instruction in emergency response methods, personal safety precautions, and the use of cutting-edge medical equipment are all included in the program. Cardiopulmonary resuscitation (CPR) for cardiac and respiratory arrest, methods to reduce blood loss…

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Islamabad, Dec 3: The esteemed UN Women 2024 Asia-Pacific Women’s Empowerment Principles (WEPs) Award in the Leadership Commitment category has been given to Khurrum Ashfaque, CEO of Telenor Pakistan. This recognition demonstrates his unwavering commitment to creating an inclusive and gender-equal workplace atmosphere. Telenor Pakistan effectively executed a comprehensive range of Diversity, Equity, and Inclusion (DEI) activities that align with the organization’s strategic goals under the direction of Khurrum Ashfaque. To boost female representation throughout the company, notable initiatives including “Parvaaz” for female sales trainees and “Naya Aghaaz” for returning female professionals were implemented. Furthermore, customized programs such as “EmpowHer…

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Islamabad, Dec 3: At the Huawei Partner Connect event during GITEX 2024 in Dubai, DWP Technologies, the premier technology specialist in Pakistan and a member of the DWP Group, received the coveted Data Center Technologies Integration Recognition Award. This prestigious award highlighted DWP Technologies’ outstanding capacity to develop and provide cutting-edge hybrid green data center systems that satisfy clients’ demanding needs for high-performance computing and advanced artificial intelligence. It demonstrated DWP Technologies’ steadfast dedication to project execution. Technological know-how, and innovation. DWP Technologies has established itself as a reliable partner in the technology industry and a leader in partnership with…

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Islamabad, Dec 3: Awwal Modaraba Management Company was purchased by Wasl Investment Finance from Pak-Brunei Investment Company. Awwal is in charge of First Prudential Modaraba, one of Pakistan’s first modarabas. Wasl benefits from this agreement as it works to finance electric vehicles and encourage sustainable development. Electric two-wheelers are becoming more popular in cities due to their low operating expenses, but the hefty initial cost is still a deterrent. Wasl provides easily accessible financing options in an effort to remedy this. Wasl CEO Faraz Zaidi stated, “This acquisition puts us in a position to lead Pakistan’s transition to sustainable transport.”…

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Islamabad, Dec 3: The Financial Times reports that OpenAI, the firm that created the well-known AI chatbot ChatGPT, is thinking about introducing ads to its platform. The company is investigating an ad-supported business model. But CFO Sarah Friar told the newspaper that she intends to exercise caution over the placement and timing of advertisements. Friar added in a later statement that while there aren’t any immediate plans to launch advertisements, the concept is being studied inside the organization. Additionally, the Financial Times report mentioned that Shivakumar Venkataraman, a former Google executive with substantial advertising experience, was recently hired by OpenAI.…

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Islamabad, Dec 3: In the first five months of the 2024–25 fiscal year, Pakistan Railways earned over Rs. 33 billion, marking an excellent milestone. Consistent work, despite financial difficulties, has led to this accomplishment. Passenger and freight services generate more money than the original projections. When compared to the same period last year, when the department earned Rs. 29 billion, this year’s earnings represent a 14% growth, or an increase of Rs. 4 billion. Optimized revenue generation techniques and increased operational efficiency are the reasons for the improved performance. In 2023–24, the department achieved a record-breaking revenue of Rs. 88…

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Islamabad, Dec 3: Finance Minister Muhammad Aurangzeb admitted on Monday that Pakistan is facing “hiccups” in implementing the $7 billion International Monetary Fund (IMF) programme but expressed the government’s commitment to fulfilling its obligations. The statement came during a briefing to the National Assembly Standing Committee on Finance, highlighting key challenges in meeting IMF conditions. The finance ministry disclosed multiple setbacks, including the failure to meet the target for debt maturity and delays in spending on health and education. The Federal Board of Revenue (FBR) also fell short of its three-month revenue target by Rs89 billion, exacerbating the tax collection…

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Islamabad, Dec 3:  M/s. Ghandhara Tyre and Rubber Company Limited (PSX: GTYR) has begun production activities in line with its regular schedule. The company announced this earlier today in a stock filing at the main exchange. Last Wednesday, November 27, 2024, to Monday, December 2, 2024, GTYR temporarily halted plant operations. “The Boiler will be shut down due to planned work on our utility line in the factory,” the business said in a statement at the time. GTYR is involved in the production and distribution of tires and tubes for motorbikes and cars.

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Islamabad, Dec 3: Soon, schools in Islamabad will have more access to technology. Three hundred new Chromebooks have arrived, according to the Ministry of Federal Education and Professional Training. The primary and high schools in the Islamabad Capital Territory will receive these laptops, which are primarily intended for internet use and run Google’s Chrome operating system. With this delivery, 1,000 Chromebooks will now be distributed in total. According to ministry representatives, this is a significant step in their ongoing efforts to use technology to enhance education. Five hundred additional Chromebooks will be distributed to schools in the Islamabad Capital Territory…

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