Islamabad, Oct 3: Al-Ghazi Tractors Limited (PSX: AGTL) announced the launch of its new 85 HP tractor, the NH850, in a recent filing to the Pakistan Stock Exchange (PSX). The company stated that this launch marks a significant milestone in its ongoing efforts to develop products that cater to the evolving needs of the agricultural sector. AGTL primarily focuses on manufacturing and selling agricultural Al-Ghazi Tractor, generators, implements, spare parts, and providing irrigation solutions. The company operates as a subsidiary of Al-Futtaim Industries Company LLC, based in the UAE. As of the filing, AGTL’s stock was priced at Rs. 422.06,…
Author: Mawadat Fatima
Islamabad, Oct 3: Apple’s iOS 18 update introduces a major new feature: native call recording, something previously exclusive to Android users. With this feature, iPhone users can now record calls directly on their device without using third-party apps. How to Record Calls on iOS 18: Initiate a Call: Start your call on your iPhone. Tap the “Record” Button: During the call, tap the “Record” button located at the top left corner of the screen. Notification Prompt: Both parties on the call will receive a notification that the call is being recorded, ensuring transparency. Stop Recording: Tap the “Stop” button when…
Islamabad, Oct 3: WhatsApp introduces new filters, backgrounds for video calls WhatsApp has introduced an exciting new feature that allows users to change backgrounds and add filters during video calls, making conversations more personal and expressive. In a recent blog post, the messaging app highlighted how this feature is designed to create a fun and engaging atmosphere, offering 10 filters and 10 backgrounds to choose from. Users can apply filters like Warm, Cool, Black & White, Light leak, Dreamy, and more to give their video calls an artistic or playful touch. Additionally, backgrounds such as Blur, living room, Office, Beach,…
Islamabad, Oct 3: Ferozsons Laboratories Limited (PSX: FEROZ) has announced a non-exclusive voluntary license agreement with Gilead Sciences Ireland UC to manufacture and sell licensed generic lenacapavir in resource-constrained and high-burden countries. Ferozsons is among six global partners to secure this agreement with Gilead, enabling them to produce a high-quality generic version of lenacapavir, which is approved by the US FDA for treating HIV in heavily treatment-experienced (HTE) patients and is under investigation for HIV prevention. The agreement allows Ferozsons to manufacture and sell lenacapavir in 120 low- and lower-middle-income countries, contingent upon regulatory approvals. The company will receive a…
Islamabad, Oct 3: The Asian Development Bank (ADB) has approved a grant of $320 million to rehabilitate roads in Khyber-Pakhtunkhwa (KP) province, following the devastating effects of heavy monsoon rains that caused nearly 350 fatalities and hundreds of injuries across Pakistan, particularly in KP and Punjab. The K-P Rural Roads Development Project will use the funds to upgrade approximately 900 kilometers of flood-affected rural roads. The Special Investment Facilitation Council (SIFC) will oversee the implementation of this important project. ADB Director General for Central and West Asia, Yevgeniy Zhukov, emphasized the project’s significance, stating, “Road transport is both a lifeline to the people and a…
Islamabad, Oct 3: The Punjab Information Technology Board (PITB) has launched the SheWins Training Program, aiming to enhance women’s skills and boost their career opportunities. Registration is now open, offering a 40% discount for early applicants, on a first-come, first-served basis. Program Details: Duration: 5-week online training Discounted Fee: Rs. 15,000 Courses Offered: Local E-commerce Logo and Brand Design Social Media Marketing Video Content Creation SEO & Blogging with AI Eligibility Criteria: Age: 16 to 50 years Education: Minimum matriculation PITB Chairman Faisal Yousaf emphasized that the initiative is focused on empowering women to actively contribute to the nation’s economic development. Interested…
Islamabad, Oct 3: The Pakistan Cricket Board (PCB) has announced the match officials for the upcoming Test series between England and Pakistan, which is part of the ICC World Test Championship 2023-25. The series will consist of three Test matches, taking place in Multan and Rawalpindi from October 7 to October 28. Sir Richie Richardson from the West Indies, a member of the ICC Elite Panel of Match Referees, will lead the playing control teams for this important series. The first Test will be held at the Multan Cricket Stadium from October 7 to October 11, followed by another Test…
Islamabad, Oct 3: The International Cricket Council (ICC) has imposed a one-year ban on Sri Lankan left-arm spinner Praveen Jayawickrama, which includes a suspension for the final six months. This decision follows Jayawickrama’s admission of breaching the ICC’s anti-corruption code, with specific charges announced in August. Jayawickrama acknowledged violations under Article 2.4.7 of the anti-corruption code, which pertains to obstructing or delaying investigations by the Anti-Corruption Unit (ACU), including actions like concealing or tampering with relevant documentation. These breaches are linked to his involvement in international cricket and the Lanka Premier League (LPL). Making his international debut in April 2021…
Islamabad, Oct 3: Microsoft has announced plans to invest €4.3 billion ($4.8 billion) over the next two years to expand its AI and cloud infrastructure in northern Italy. This represents the company’s largest investment in Italy to date. The expansion will make the ItalyNorth cloud region one of Microsoft’s biggest data centers in Europe, serving as a hub for the Mediterranean and North Africa. Microsoft’s Vice Chair and President, Brad Smith, met with Italian Prime Minister Giorgia Meloni in Rome to discuss the investment, which the Italian government welcomed, recognizing its role in strengthening Italy’s digital presence in the Mediterranean.…
Islamabad, Oct 3: The Pakistan Business Council (PBC) has consistently pushed for a fair and stable fiscal policy that operates independently of the Federal Board of Revenue (FBR) and is effectively enforced by it. The PBC argues that combining policy formulation with tax collection results in short-term revenue-driven strategies that hinder the long-term growth of the economy. In a recent tweet, the PBC stated that a higher tax-to-GDP ratio can be achieved through: A fiscal policy that fosters investment and business growth, thus increasing taxable revenue. Broadening the tax baseby incorporating untaxed and under-taxed sectors of the economy. Pending the…