Islamabad, Oct 24: In a pre-Series A round led by UAE’s Shorooq Partners and including Saudi Arabia’s Waad Investment, Pakistan’s co-working platform COLABS has raised $2 million. As the company gets ready for a Series A financing next year, CEO Omar Shah says the money would be used to construct a campus in Saudi Arabia. With this, COLABS now has more than $5 million in funding overall. Indus Valley Capital, Zayn Capital, and Fatima Gobi Ventures are among the previous investors. COLABS, which was founded in 2019, employs more than 300 people and has 5,000 seats spread across 10 sites.…
Author: Mawadat Fatima
Islamabad, Oct 24: After paying too much in September, power users could expect to receive a refund of Rs. 0.7057 per unit on their November 2024 electricity bills. This reimbursement has been suggested by Ex-Wapda distribution companies (XWDISCOs) for the November billing month. To complete the September fuel price adjustment (FCA), the Central Power Purchasing Agency (CPPA) has submitted a petition to the National Electric Power Regulatory Authority (NEPRA). To determine whether the proposed adjustment is warranted and to make sure power dispatch complied with the economic merit order (EMO), NEPRA has set a public hearing for October 30. With…
Islamabad, Oct 24: The PIA on Monday announced to hold an auction on October 30 to sell off its surplus vehicles and equipment. This auction is just one of the measures by which the struggling airline hopes to cut costs as well as gain income desperately needed at the moment. The planned auction of PIA on October 30 should generate a lot of interest for those interested in acquiring other assets at fair prices. The sale will be held physically at PIA’s main office located in Karachi and anyone from the public as well as corporate entities are allowed to…
Islamabad, Oct 24: The authorities have a clear plan to make many of the vehicle-related paper documents a thing of the past as it offered to make the registration and transfer of vehicles online. This is a process that is being digitized because its aim is to make the process faster and more open to the public. Thus, people no longer have to spend hours standing in line in the Excise and Taxation offices and filling in various forms as the new system means convenience for each car owner in the country. How to Register To register your vehicle using…
Islamabad, Oct 24:MG Motors an acclaimed car manufacturing company is marking its 100 years anniversary and as a way of celebrating has clients a big offer. But as part of the company’s centenary this year, it is offering substantial cut-price deals on its range of car models. This is a special time for car enthusiasts since it’s a hundred years of building up innovations, reliability and high satisfaction among customers, which in turn should inspire one to redeem that exclusive offer. As MG Motors celebrate their 100 years celebration with profound discount offers available in its show rooms, customers can…
Islamabad, Oct 24: Huawei has lately emerged as one of the giants in the entire technology sector and a major contender in mobile operating system market share. Due to its recent perspective and creative techniques, Huawei has been raised as a mobile OS change maker, which poses a threat to mobile OS goliaths, and has altered the approach of the users to their gadgets. Moreover, it also shows the company’s goal to be a software company and work on perfecting an environment that is convenient and safe for a user. HarmonyOS: Huawei’s Game-Changer Before the launch of HarmonyOS, Huawei was…
Islamabad, Oct 24: The UN’s WHO has gone a long way in protecting the health of hajj travelers, through enhancing its digital health certification network. This program is focused on simplification of the system of medical certification for the pilgrims who arrive in Saudi Arabia for the Hajj, which is holding one of the largest concentrations of the population in the world. With the aid of digital health certification, WHO is assisting in bringing the health records of millions of people into the present through digitization and substantial record security, particularly the records of these travelers, guaranteeing that essential health…
Islamabad, Oct 24: The new law passed by the current government regarding the elevator from ten percent to fourteen percent has created a common worry among farmers and agricultural firms throughout the country. This change in policy aimed at increasing revenues is likely to impose a significant impact on the agricultural activities which mainly involves the use of tractors in farming. Implementing sales tax hike may deter investment and innovation in agriculture that is bound to slow the rate of growth in agricultural sector, as well as raising the overall cost of production by increasing the cost of inputs to…
Islamabad, Oct 24: This smartphone has become one of the most expected ones of 2024, and all for good, keeping in mind the specifications of Samsung Galaxy S25 Ultra. In every new version, Samsung sets up a new record of innovation and the Galaxy S25 Ultra comes up with the same formula. Rumors alone of its advanced technology to the improvements made to its design are already making waves about the device. So in this article I am going to discuss all the rumors and facts for now we have about the Samsung Galaxy S25 Ultra. Design and Display Of…
Islamabad, Oct 24; The IMF has predicted that Pakistan will have the world’s highest level of net debt that will stand at 65.6 percent of the GDP in 2025. Yet, this forecast has come at a time where prudent questions about its debt sustainability is in question. It is IMF’s analysis grounded on Pakistan current fiscal situation like the country’s inability to fund its expenditures and reduced revenue collection besides facing budget deficits regularly. These issues have worsened the debt situation in the country due to which the IMF has called upon Pakistan to undertaker structural reforms to reverse this…
