Author: Iqra Khan

Islamabad, Sep 27: Meeting Dr. Masoud Pezeshkian, the president of Iran, on the fringes of the 79th UN General Assembly in New York on Thursday was Prime Minister Shehbaz Sharif. After reviewing the whole range of bilateral relations, both parties emphasized the need to develop cooperative relationships that benefit both parties and to further expand good neighborly ties. The prime minister emphasized the significance of strengthening connections and cultural links with Iran, as well as bilateral trade and investment. Prime Minister Shehbaz Sharif reiterated Pakistan’s position on Palestine, calling for an urgent humanitarian ceasefire in Gaza and an end to…

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Islamabad, Sep 27: During their meeting with K.P. Sharma Oli on Friday, Prime Minister Muhammad Shehbaz Sharif of Pakistan conveyed the country’s wish to further enhance their multifaceted bilateral cooperation, particularly in the areas of commerce, economics, trade, and tourism. During their meeting held in this location on the fringes of the 79th Session of the UN General Assembly, the two leaders reaffirmed their resolve to keep looking for ways to improve bilateral and regional cooperation. K.P. Sharma Oli was congratulated by Prime Minister Shehbaz on taking up the role.He expressed his happiness with the strong bilateral relations between Pakistan…

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Islamabad, Sep 27: The prime minister, Shehbaz Sharif extend an invitation to American banks to make investments in Pakistan’s vital industries, including energy, technology, infrastructure, and agriculture. He also gave an assurance that the government would continue to support foreign investment by preserving a stable macroeconomic environment. Speaking to a group of well-known Pakistani American financiers outside the 79th UN General Assembly, the prime minister made these remarks. High-ranking personnel from prominent banks, such as JP Morgan, Sumitomo Mitsui Banking Corp, Goldman Sachs, Citizens Bank, Lazard, and Audax Group, were part of the delegation. He briefed the team on the…

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Islamabad, Sep 27: Shakib Al Hasan, the most famous cricket player from Bangladesh who went on to become notorious, has announced his immediate retirement from Twenty20 international cricket. At a pivotal point in his remarkable career, the news was made prior to the India Test at Kanpur. In addition, Shakib disclosed that the October Test match in Dhaka against South Africa will be his final one. Shakib made his choice during a turbulent period in his personal and political life. His parliamentary role in politics under the tenure of former prime minister Sheikh Hasina has generated controversy. Shakib was elected…

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Islamabad, Sep 27: Al Kabir Developers stated on their official Facebook page that construction on Block B of Kings Town Phase 2 will shortly start. The developer had previously said on September 25 that the sector’s map will be made public soon and urged plot owners to settle their accounts by October 15 in order to be eligible for a 100% surcharge and restoration fee remission. Additionally, the developer disclosed that construction in Block A of the project is almost finished, and property possession is anticipated shortly. In order to qualify for the 100% surcharge and restoration fee remission, plot…

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Islamabad, Sep 27: Leading Italian agribusiness company Euricom S.P.A. has approved the purchase of a 50% stake in Fatima Euricom Rice Mills (Pvt) Ltd by the Competition Commission of Pakistan (CCP). International agribusiness leaders are becoming more aware of Pakistan’s unrealized agricultural potential, and the acquisition, made possible by the Share Purchase Agreement, represents a significant step forward in attracting foreign direct investment to Pakistan, according to a news release released on Thursday. With an international agribusiness mission, Euricom S.P.A. is well-known for its proficiency in the cultivation, processing, and international trade of rice products. Pakistan’s great agricultural potential is…

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Islamabad, Sep 27: Minister Shehbaz Sharif and Prime Minister of the United Kingdom, Rt. Hon. Sir Keir Starmer, decided to further develop their bilateral connections in a number of areas, including commerce and investment. The two parties discussed issues of shared interest and bilateral ties between the two nations at a meeting held on the fringes of the 79th Session of the United Nations General Assembly (UNGA). The prime minister briefed his British counterpart on the state of the economy in the nation and the steps the government is taking to foster economic growth, particularly the efforts to broaden the…

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Islamabad, Sep 27: Punjab Chief Minister (CM) Maryam Nawaz has given the go-ahead for authorities to thoroughly audit all of the province’s school buildings in order to guarantee their security and safety. In addition to emphasizing that the government will take severe measures against schools that do not adhere to minimum safety standards, CM Maryam has ordered the closure of any schools that are operating in unsafe conditions. She expressed her resolve to bring about good change in the province and reiterated her government’s commitment to addressing public concerns and resolving the problems faced by the people of Punjab. CM…

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Islamabad, Sep 27: Following many breaks through the all-time high, Pakistan’s gold price saw a small decrease on Friday. The price of 24 carats of gold decreased by Rs. 300 per tola to Rs. 276,700, while the price of 10 kilos decreased by Rs. 256 to Rs. 237,226. These figures were released by the Karachi Sarafa Association. Precious metal prices in the local market rose by Rs. 1,500 per tola on Thursday, reaching an all-time high of Rs. 277,700. After reaching a record high of $2,685.42 on Thursday, spot gold remained stable at $2,670.50 per ounce as of 00:28 GMT…

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Islamabad, Sep 27: Concerns have been expressed by Pakistan’s Auditor General regarding the failure of telecom providers to pay the Pakistan Telecommunication Authority (PTA) the unpaid balance of Rs. 389.219 million. Despite explicit instructions in the telecom operators’ licensing conditions regarding the Universal Service Fund (USF), Research & Development (R&D) payments, Annual licensing Fees (ALF), and Annual Radio Frequency Spectrum Fees (ARSF), the dues are still underpaid, according to the Audit Report for FY 2022–2023. According to the audit report, telecom operators are required by license requirements to pay 0.5 percent of their annual gross revenue as ALF within 120…

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