Islamabad, Oct 7: Merger of National and Pakistan Security Printing Companies Approved by CCP. The Competition Commission of Pakistan (CCP) has approved the acquisition of 100 percent equity shares of M/s. National Security Printing Company (Private) Limited by M/s. Pakistan Security Printing Corporation (Private) Limited marking a pivotal step in the reorganization of Pakistan’s security printing sector. This strategic transaction is aimed at enhancing efficiency through economies of scale and eliminating redundancies within government-owned enterprises.The Acquirer, Pakistan Security Printing Corporation, a wholly owned subsidiary of the State Bank of Pakistan (SBP), is entrusted with printing currency notes and prize bonds…
Author: Iqra Khan
Islamabad, Oct 7: Ambassador Tirmizi Discusses Educational Collaboration Opportunities with UAE University. Faisal Niaz Tirmizi, the Pakistani ambassador to the United Arab Emirates, visited Synergy University of Dubai on Monday. While there, he talked about the university’s possible expansion into Pakistan and looked at ways that Pakistani students could benefit from its programs. During the visit, Uzma Sindhu, Vice-Director of Education Affairs, and Philippe Mobio, Partnership Specialist, gave the ambassador a comprehensive presentation on the university’s academic offerings and expansion goals. In addition, Ambassador Tirmizi visited classrooms where he spoke with students of different nationalities and engaged with the administration,…
Islamabad, Oct 7: PM’s Aide Emphasizes Climate Action and Youth’s Role in Building Sustainable Cities. Romina Khurshid Alam, the Prime Minister’s Climate Change Coordinator, emphasized the vital role that young people have in creating ecologically sustainable cities and tackling the problems posed by rising urbanization and climate change. “Cities must integrate climate adaptation strategies into urban planning to mitigate extreme weather risks,” Alam highlighted during an event on World Habitat Day hosted at NUST. “Cities can strive for resilient smart cities and sustainable, equitable development by leveraging youth energy, creativity, and viewpoints,” she continued. With the theme “Engaging youth to…
Islamabad, Oct 7: Faisal Town Partners with Global Leader Meinhardt Group to Transform Urban Development in Pakistan. Leading Pakistani real estate developer Faisal Town has partnered with international engineering and infrastructure development firm Meinhardt Group. The contract was signed in front of important people from both sides during an official ceremony. The objective of this partnership is to improve urban development in Pakistan by utilizing cutting-edge infrastructure technologies. Both businesses are excited about creating resilient, sustainable, and modern communities as a result of their partnership. The combination of Meinhardt’s worldwide technical expertise with Faisal Town’s real estate experience will use…
Islamabad, Oct 7: Pakistan Auto Show Scheduled to Take Place This Month in Lahore. The Expo Center in Lahore will host the 19th edition of the Pakistan Auto Show (PAPS 2024) from October 25 to October 27, 2024. The festival is anticipated to be even more spectacular than it was last year, with many local auto assemblers showing their most recent models. Leading diamond sponsors are Pak Suzuki Motor Company Limited (PSMC), Master Changan Motors Limited (MCML), and Indus Motor Company Limited (IMC). Hyundai Nishat Motor Pvt Limited, Sazgar Engineering Works Limited, MG JW Automobile Pakistan Pvt Limited, BYD, and…
Islamabad, Oct 7: Upcoming Compact Flagship from Vivo Revealed Here’s What to Expect. On October 14th, the Vivo X200 series which includes the X200, X200 Pro, and X200 Pro Mini will go on sale. A recently discovered video shows off the X200 Pro Mini’s tiny form. The X200 Pro and the tiny phone have a similar design, with a glossy glass back, flat frame, and a circular camera island with Zeiss branding and metallic accents. Although the front isn’t shown in the video, leaks point to a punch-hole-cutout micro-quad-curved display. The Vivo X200 Pro Mini and the iPhone 16 Pro…
Islamabad, Oct 7: Saudi Investment Minister Set to Visit Pakistan This Week. In an effort to improve economic cooperation, Pakistan will host a high-level delegation led by Saudi Arabia’s Investment Minister Khalid bin Abdulaziz Al-Falih from October 9–11, 2024. President Asif Ali Zardari and Prime Minister Shehbaz Sharif will receive the group. These talks are anticipated to include participation from representatives of the business sector and Saudi government entities. Saudi Crown Prince Mohammed bin Salman promised earlier this year to expedite a $5 billion investment package for Pakistan.It is important to note that Pakistan anticipates receiving $27 billion in investments…
Islamabad, Oct 7: Metro Bus Service Partially Restored in Rawalpindi. A portion of the Metro Bus service in Islamabad and Rawalpindi has been restored. The service from Faizabad to the Pakistan Secretariat is still suspended, although it is currently operating from Rawalpindi’s Saddar Station to Faizabad. The district administration ordered the service to be discontinued. It is important to note that the Metro Bus service has been suspended for the past three days due to Pakistan Tehreek-e-Insaf (PTI) rallies, which have been taking place at various locations in the federal capital. But now, much of the service is back online.…
Islamabad, Oct 7: Dubai to Introduce Special Passports for All Newborns. Every newborn in Dubai will now receive a “Learner’s Passport,” which will allow parents to monitor their child’s academic progress and make educated decisions about their education. The Knowledge and Human Development Authority (KHDA) made this announcement on Wednesday at the “Education Strategy 2033” launch. The Khaleej Times published an article about this program, which was created in collaboration with the Dubai Health Authority. According to KHDA Director-General Aisha Miran, the Learner’s Passport is intended to guarantee every child’s right to an education. In order to guarantee that no…
Islamabad, Oct 7: Nvidia CEO Surpasses Intel’s Entire Market Value in Personal Wealth. Nvidia CEO Jensen Huang’s impressive personal net worth of $109 billion has surpassed that of competitor company Intel. A major factor in Nvidia’s success is the increase in demand for AI technologies. A year ago, the company’s market worth nearly tripled due to the IT industry’s growing embrace of AI computing. This expansion has been made possible by Nvidia’s Hopper product line, which has increased demand for the business’s products. According to Intel’s current valuation, Huang might be able to buy the entire business. This gives a…