Islamabad, Oct 23: Realme is all geared up to send shockwaves in the smartphones market yet again with its Realme GT 7 Pro that it plans to unveil in November. This release, which is targeting the upcoming flagship, is already causing ripples in the tech world as a result of this assertion of being the first phone to use the powerful Snapdragon 8 Elite Soc. Realme GT 7 Pro Expected Price The Realme GT 7 Pro likely to cost around $699 for the initial configuration with 8GB of RAM, 128GB of storage, which will go up to $899 for top…
Author: Mawadat Fatima
Islamabad, Oct 22: Italy Visa for Pakistanis Financial Requirements and Visa Process for Applicants in 2024 Pakistanis who want to travel to Italy must now meet specific financial requirements in order to apply for a visa. Italy is a popular travel destination for people from all over the world because of its stunning landscapes, historical landmarks, and cultural diversity. Pakistani candidates, however, need to demonstrate that they have enough money to pay for their stay. Italy Visa for Pakistanis requires that visa applicants provide bank statements that are no more than 30 days old. This is to guarantee that candidates have…
Islamabad, Oct 22: Smartphone manufacturers are quickly confirming the dates of delivery for their next flagship devices in the wake of the Snapdragon 8 Elite’s official announcement. The newest company to follow this pattern is Asus, which announced that its ROG Phone 9 series will make its debut on November 19th during a special event that begins at 12 PM CET, or 4 PM PKT. The ROG Phone 9 looks a lot like the ROG Phone 8 series, according to official renders that Asus has provided. With ROG branding, LED lights, and a unique pentagon-shaped camera module with three sensors,…
Islamabad, Oct 22; Engro Polymer Posts Rs. 2.28 Billion Loss for First 9 Months of 2024 In its 9MCY24 financial results, which were released today, Engro Polymer & Chemicals Limited (EPCL) reported a loss of Rs. 2,288 million (LPS: PKR 2.52) as opposed to a profit of Rs. 5,386 million (EPS: PKR 5.93) in SPLY. In contrast, the loss for 3QCY24 was Rs. 698 million (LPS: PKR 0.77). In 9MCY24, net sales came to Rs. 54.5 billion, a 12% YoY decrease. Additionally, during 3QCY24, the top line fell 20% year over year to Rs. 20.1 billion. According to Arif Habib…
Islamabad, Oct 22: Changan Lumin Electric Car to Debut at Pakistan Auto Show 2024 At the next Pakistan Auto Show in 2024, Changan Pakistan is going to make a splash with the debut of Lumin, a brand-new, reasonably priced electric hatchback. With the launch of its high-end EV sub-brand Deepal, Changan is now concentrating on more affordable options with the Lumin. Changan Lumin Electric Car With a front-wheel drive system and two battery sizes of 13 kWh and 18 kWh, the three-door electric hatchback has a range of 155 km and 210 km, respectively. The car has a top speed…
Islamabad, Oct 22: US Consultancy NERA to Oversee Pakistan’s 5G Auction Process The letter of intent (LOI) to provide consulting services to the Pakistani government in the 5G spectrum auction/release of IMT spectrum for the enhancement of Next Generation Mobile Broadband Services in the nation has been accepted by National Economic Research Associates Inc. (NERA), an international consulting firm based in the United States. The government intends to finish the 5G spectrum auction by April 2025, therefore the Pakistan Telecommunication Authority (PTA) sent NERA a letter of intent (LOI) with a seven-day turnaround time. According to sources, the LOI on…
Islamabad, Oct 22: Systems Limited Profit Drops 24% in 9 Months In its financial results for 9MCY24, Systems Limited (SYS) reported a consolidated profit after tax (PAT) of Rs. 5,432 million (EPS: PKR 18.6), down 24% year over year from Rs. 7,146 million (EPS: Rs. 24.5). In contrast, 3QCY24’s consolidated earnings came in at Rs. 2,188 million (EPS: PKR 7.5), an 18% YoY increase. With net sales of Rs. 48.3 billion in 9MCY24, there was a 29% YoY increase. Additionally, during 3QCY24, the topline increased by 22% YoY to Rs. 17.2 billion, primarily due to dollarized revenue growth across all…
Islamabad, Oct 22: Foreign Direct Investment Surges 48% in Q1 FY25 Amid Economic Reforms In July-September 2024-25, the nation’s net foreign direct investment (FDI) was $771 million, a 48 percent increase over the $520 million FDI during the same period the previous year. Compared to inflows of $213.3 million in September 2023, net foreign investment increased by 80.5 percent to $385.1 million in September 2024. On the other hand, outflows in September 2024 totaled $108.4 million, a 180 percent increase over the $38.7 million outflows in September 2023. The largest direct investment inflows for 3MFY25 ($404 million) were from China, followed…
Islamabad, Oct 22: Pakistan Post to Launch Automated System Nationwide, Revolutionizing Postal Services By the next year, Pakistan Post automated system intends to all of its post offices across the country, including those in Karachi. “This modernization will also introduce round-the-clock services in each district of Karachi through night post offices,” said Maqsood Ahmed Baloch, Postmaster General (PMG) Karachi. Although there are 179 post offices in Karachi, 15 smaller ones have closed because of financial difficulties. When necessary, the employees from these closed offices will be transferred to other locations. Pakistan post, which provides services like package delivery, money orders,…
Islamabad, Oct 22: Lucky Cement Completes Wind Power Plant in Karachi The 28.8 MW captive wind power project at Lucky Cement Limited’s Karachi Plant has been successfully completed and put into service. On October 22, 2024, the project officially began operations after being successfully completed within the allocated budget and timeframe. With this noteworthy accomplishment, Lucky Cement becomes the first business in Pakistan to carry out a large-scale hybrid renewable energy project that integrates solar and wind electricity. This wind power project has increased Lucky Cement’s overall ability to generate electricity for self-consumption from renewable sources to an astounding 55%.…
