Islamabad, Nov 11: Attock Refinery Refutes Reports of Sale, Confirms No Deal in ProgressThe Board of Directors of Attock Refinery Limited (PSX: ATRL) has refuted all claims regarding the possible sale of the company, as stated in an announcement to the main stock exchange on Monday. “We would like to respond to the recent questions from some shareholders/analysts during the Corporate Briefing Session of the Company held on November 8, 2024, concerning rumors in the market about a potential sale of Attock Refinery Limited (ARL). We want to make it clear that no such issue is being considered,” the filing…
Author: Iqra Khan
Islamabad, Nov 11: West African Delegation Studies BISP Initiatives and Impacts in Pakistan. A high-level delegation from West African nations visited the Benazir Income Support Programme (BISP) headquarters on Monday to learn about the social protection initiatives implemented under this extensive program and their effects on marginalized groups. The Chairperson of BISP, Senator Rubina Khalid, along with Secretary BISP, Amer Ali Ahmad, welcomed the delegation. The delegation included representatives from Burkina Faso, Mali, Senegal, and Niger. They are on a four-day study visit from November 11 to 14, 2024, in collaboration with the World Food Program and the World Bank,…
Islamabad, Nov 11: PM Holds Meeting with Saudi Investment Minister to Strengthen Bilateral Ties on Monday. Prime Minister Muhammad Shehbaz Sharif conducted a meeting with Saudi Investment Minister Engr. Khalid bin Abdulaziz Al-Falih and Royal Court Advisor Mohammed Al-Tuwaijri, during the Arab Islamic Summit. The purpose of the meeting was to review the recent discussions regarding economic collaboration, investment between the two nations, as stated in a press release from the PM Office Press Wing. During the meeting, the prime minister expressed his appreciation for the advancements made on significant projects being considered and recognized the technical teams’ efforts in…
Islamabad, Nov 11: VEON and Jazz Delegation Visits PTA Headquarters to Discuss Telecom Advancements. A senior delegation from VEON Group and Jazz held talks with the Pakistan Telecommunication Authority (PTA), having fruitful discussions with Chairman PTA, Major General (R) Hafeez Ur Rehman, regarding strategic plans to enhance digital transformation throughout Pakistan. As per a news release, the delegation, which was led by Augie K Fabela, Founder & Chairman of the Board of VEON Group, comprised VEON Group’s CEO Kaan Terzioglu, Group Director of Corporate Affairs Marine Babayan, Jazz CEO Aamir Ibrahim, and Jazz VP of Public Policy and Regulatory Affairs…
Islamabad, Nov 11: Gold Prices in Pakistan Drop Sharply, Down Over Rs. 10,000 Per Tola from All-Time High. The cost of gold in Pakistan dropped by over Rs. 1,000 per tola on the first day of the week. As reported by the All-Sindh Sarafa Jewellers Association, the price of 24-carat gold decreased by Rs. 1,300 per tola, now standing at Rs. 284,500.000 while the price for 10 grams fell by Rs. 1,115 to reach Rs. 237,911. Gold Rate 24K Gold 22K Gold 21K Gold 18K Gold Per Tola Gold 284,500.000 260,791.667 248,937.500 213,375.000 Per 10 Gram Gold 243,920.000 223,593.333 213,430.000…
Islamabad, Nov 11: Federal Minister for Finance and Revenue meets Turkish Ambassador. Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a meeting with Mr. Irfan Neziroglu, Ambassador of Republic of Turkiye to Pakistan, who called on the Finance Minister at Finance Division today. During the meeting, various aspects of historical and longstanding brotherly ties between Pakistan and Turkiye, particularly the growing bilateral cooperation in trade, investment and defense, came under discussion. Senator Muhammad Aurangzeb welcomed Mr. Irfan Neziroglu on his diplomatic assignment in Pakistan. He highlighted the historical and fraternal bonds and the great potential for enhancing the…
Islamabad, Nov 11: Building a Brighter Future, The Chief Executive of the British Council Scott McDonald visits Pakistan. The British Council’s Chief Executive, Scott McDonald, will be in Pakistan from 11-15 November for his second visit to Pakistan, marking a pivotal moment for the organization as it celebrates 90 years of connecting people worldwide. This visit underscores the British Council’s steadfast commitment to fostering deep and lasting relationships between Pakistan and the United Kingdom through education, arts, cultural exchange, and opportunity-building. Since opening its first office in Karachi in 1948, the British Council has been an active partner in Pakistan’s…
Islamabad, Nov 11: PM to Address Arab-Islamic Summit Today, Urging Gaza Ceasefire and End to Genocide. Prime Minister Shehbaz Sharif is prepared to speak at the second Joint Arab-Islamic Summit taking place today, which was called to address the situation resulting from the increasing violence in Palestinian and Lebanese territories, particularly in light of the harsh Israeli attacks. Accompanied by members of his cabinet, the prime minister arrived on Sunday night to participate in the meeting, where he will express Pakistan’s stance on Israel’s brutality in Gaza, Palestine, and surrounding areas. This Summit follows a preparatory session held by the…
Islamabad, Nov 11: Eight Pakistani Players Chosen for Lanka T10 League, A New Chapter for Pakistan in Short-Format Cricket. The player draft for the upcoming Lanka T10 League has been completed, and eight players from Pakistan have been selected. Pakistan will be represented in the six-team competition by Azam Khan, Asif Ali, Aamer Jamal, Iftikhar Ahmed, Mohammad Amir, Imad Wasim, Saim Ayub, and Shahnawaz Dahani across four different franchises. The tournament is set to start on December 12th and will follow a round-robin structure. Pakistani players signed for the Lanka T10 Super League: Team Players Colombo Jaguars Azam Khan, Asif…
Islamabad, Nov 11: Government Considers Phasing Out Basic Pay Scale for Contract-Based Hiring, Major Shift in Employment Structure. The federal government is considering significant reforms within the public sector, focusing on gradually eliminating Basic Pay Scales (BPS) for non-gazetted employees and transitioning to contract-based employment. In line with these reforms, federal healthcare facilities might be transformed into semi-commercial entities through public-private partnerships (PPP) to promote medical tourism, according to Dawn’s report. This new approach could turn hospitals like the Pakistan Institute of Medical Sciences (PIMS) and Polyclinic into centers that generate revenue. Officials project that health facilities in Islamabad alone…
