Islamabad, Feb 14: In a shocking turn of events, the President of the Waziristan Chamber of Commerce and Industry (WCCI), along with two Customs officers, were abducted in South Waziristan on Thursday, sparking widespread concerns within the local business community. Reports indicate that Saifur Rehman, the WCCI President, along with Customs Superintendent Nisar Abbasi and Inspector Khushal, were traveling back from the Customs office located at the Angoor Adda border crossing when their vehicle was intercepted by unidentified individuals. The assailants took all three men to an undisclosed location, leaving the community in a state of panic. Deputy Commissioner Nasir…
Author: Iqra Khan
Islamabad, Feb 14: In a significant reshuffle within the federal bureaucracy, the government has made key appointments and transfers at top administrative levels. Nadeem Aslam Chaudhry, who had been serving as the Chief Secretary of Khyber Pakhtunkhwa, has been appointed as the new Secretary of the Board of Investment. Chaudhry’s transfer comes as part of a broader effort to optimize leadership within various government sectors, with the federal government seeking to streamline operations and bring fresh perspectives into different administrative positions. His predecessor, Rahim Hayat Qureshi, who had been overseeing the Board of Investment, has been removed from the role…
Islamabad, Feb 14: As New Zealand prepares for the tri-nation series final against Pakistan on February 14, Head Coach Gary Stead has provided crucial updates on the fitness of key players Rachin Ravindra and Lockie Ferguson ahead of the Champions Trophy. Rachin Ravindra’s Recovery Progress Ravindra’s availability remains uncertain after suffering a forehead injury during the series opener against Pakistan. The all-rounder was struck by a powerful pull shot from Khushdil Shah, leaving him with a visible injury and ongoing fitness concerns.
Islamabad, Feb 14: The England and Wales Cricket Board (ECB) has reaffirmed its commitment to providing opportunities for Pakistani cricketers in The Hundred, even as the tournament undergoes significant transformation with new international investments. With the recent sale of stakes in all eight teams, valued at £975 million, The Hundred has attracted major investors from the Indian Premier League (IPL), including RPSG Group (Lucknow Super Giants), Sun TV Network Limited (Sunrisers Hyderabad), Reliance Industries Limited (Mumbai Indians), and GMR Group (Delhi Capitals). Despite these IPL ties, the ECB has assured that Pakistani players will continue to be part of the…
Islamabad, Feb 14: The federal government has constituted a 13-member committee to oversee the implementation of the Gwadar Port operationalization plan, signaling a renewed push to activate the strategic port. A notification issued by the Cabinet Division confirmed that the federal cabinet has approved the formation of the committee, which will be chaired by Federal Minister for Planning Ahsan Iqbal. The committee comprises key stakeholders, including the Ministers of Defense, Maritime Affairs, Commerce, and Communications, along with senior officials from the Ministries of Foreign Affairs, Railways, and Commerce. Additionally, representatives from the National Logistics Cell (NLC), National Highway Authority (NHA),…
Islamabad, Feb 13: As of February 7, 2025, Pakistan’s total liquid foreign reserves stood at US$ 15,862.6 million, with the reserves held by the State Bank of Pakistan (SBP) recorded at US$ 11,166.6 million. The SBP, in a statement issued on Thursday, reported a decrease of US$ 252 million in its foreign exchange reserves, which were impacted by external debt repayments during the week ending February 7, 2025.
Islamabad, Feb 13: The Islamabad Chamber of Commerce and Industry (ICCI), in partnership with the National Energy Efficiency and Conservation Authority (NEECA), hosted an important awareness session titled “Electric Vehicle Charging Infrastructure and Battery Swapping Regulations 2024” at the Chamber House. The event attracted a strong turnout from the business community, highlighting the increasing interest in electric vehicles (EVs) and sustainable energy solutions in Pakistan, as noted in a press release issued on Thursday. Nasir Mansoor Qureshi, President of ICCI, opened the session by emphasizing the Chamber’s commitment to fostering a business-friendly environment that promotes entrepreneurship and economic growth. He…
Islamabad, Feb 13: Chief Minister of Punjab, Maryam Nawaz Sharif, extended her heartfelt congratulations to radio listeners and stakeholders on the occasion of World Radio Day. In her message, she praised radio for its pivotal role in communication, stating, “Radio marks the beginning of innovation in the world of communication and remains the most powerful mass medium globally.” She further emphasized radio’s continued importance as a primary source of education, information, and entertainment, noting, “It is impossible to deny the importance of radio in public life. Even today, it remains a reliable source of news.” Maryam Nawaz highlighted the cultural…
Islamabad, Feb 13: Pakistan State Oil (PSO), the nation’s leading energy provider, reported a stable performance for the first half of the fiscal year 2025, posting a net profit of Rs. 11.2 billion and gross sales of Rs. 1.74 trillion. The company’s Board of Management reviewed its performance for the period ending December 31, 2024, in a meeting held on February 13, 2025. PSO’s group net profit stood at Rs. 9.1 billion, translating into earnings per share of Rs. 19.48. Despite challenges posed by a volatile market, PSO maintained a strong presence in Pakistan’s petroleum industry. The company effectively navigated…
Islamabad, Feb 13: In a significant move to enhance the safety and security of female students, the Punjab government has decided to replace male professors and teachers at women’s universities across the province. This decision is part of a broader effort to create a more secure learning environment, where female students can pursue their education without fear of harassment. Governor Sardar Saleem Haider, in a recent media address, underscored the importance of implementing strict measures to prevent harassment within educational institutions. He emphasized that any individual found guilty of such misconduct would face severe consequences, reinforcing the government’s commitment to…
