Islamabad, Sep 5: Chief Minister Maryam Nawaz inaugurated the School Nutrition Program in Dera Ghazi Khan on Thursday. The initiative aims to provide free milk to students up to the fifth grade. CM Maryam Nawaz underlined her commitment to the welfare of children throughout Punjab during the launch event. “I am not far from you, Dera Ghazi Khan, no matter how far it is from Lahore. Her personal dedication to the kids of the region was highlighted when she said, “I think of all these children as a mother would; these children are VIPs to me.” “I thought the children…
Author: Mawadat Fatima
Islamabad, Sep 5: The price of gold in Pakistan, which had dropped by Rs. 2,400 per tola over the previous two days to Rs. 262,100. The price of 24 carats of gold increased by Rs. 2,000 per tola to Rs. 262,100, while the price of 10 kilos increased by Rs. 1,714 to Rs. 224,708, according to data released by the Karachi Sarafa Association. Tuesday and Wednesday saw a decline in the price of the precious metal after it held steady on Monday. By 09:26 GMT, spot gold was up 0.9 percent on the global market, trading at $2,516.18 an ounce.…
Islamabad, Sep 5: Meezan Bank, Pakistan’s leading Islamic bank and Mastercard, have announced the renewal of their strategic partnership. Through the formal signing of a Memorandum of Understanding (MoU) by J. K. Khalil, Regional President of Mastercard, and Syed Amir Ali, Deputy CEO of Meezan Bank, this collaboration aims to improve Meezan Bank’s debit card portfolio and revolutionize the banking experience for its customers throughout Pakistan. Senior representatives from both organizations were also present, including Syed Iftikhar ul Haq, Group Head of Consumer Finance at Meezan Bank, and President & CEO of Meezan Bank Irfan Siddiqui. Meezan Bank, which has…
Islamabad, Sep 5: Intel has unveiled its latest lineup of x86 processors, the Core Ultra 200V series, promising exceptional power efficiency for thin and light laptops. These processors mark a significant milestone for Intel as they are the first to be manufactured by TSMC, utilizing the advanced N3B (3nm) process for the compute tile and N6 for the platform tile. Code-named Lunar Lake, this next family of CPUs consists of nine chips that are offered in Core Ultra 5, 7, and 9 configurations. With four performance cores (P-cores) and four efficiency cores (E-cores), each model has an eight-core design that…
Islamabad, Sep 5: The Pakistan has applied for a total of $1.75 billion in loans from three key financial institutions namely the Islamic Trade Finance Corporation (ITFC), the Islamic Development Bank (IDB), and Standard Chartered Bank, top sources revealed to bloom Pakistan. According to sources, these loans will support the construction of infrastructure and the acquisition of necessities like commodities. Of the total, $350 million has been requested from the IDB for project financing, and $400 million has been asked from the ITFC for the purchase of essential commodities. A $1 billion loan has also been proposed to Standard Chartered…
Islamabad, Sep 5: Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Thursday. CURRENCY SELLING BUYING USD 281.99 275.91 GBP 370.67 362.65 EUR 312.32 306.13 JPY 1.9625 1.9200 SAR 75.13 73.50 AED 76.78 75.63
Islamabad, Sep 5: Pakistan-England cricket series, part of the ICC World Test Championship (WTC) 2023-25, look potential relocation due to ongoing stadium renovations in Pakistan. October 7 in Multan is when the series is scheduled to start, with matches in Karachi and Rawalpindi to follow. However, the Pakistan Cricket Board (PCB) is facing logistical difficulties as a result of current construction in Rawalpindi and other cities including Lahore and Karachi. These advancements are a part of Pakistan’s plans to host the ICC Champions Trophy in 2025, but postponing the work to make room for the series could cause vital preparations…
Islamabad, Sep 5: Investment projects under mutual agreements with Saudi Arabia are being negotiated while more talks are ongoing with commercial institutions regarding further lending options, according to Finance Minister Muhammad Aurangzeb. The International Monetary Fund (IMF) Executive Board will approve the new $7 billion bailout for Pakistan this month, according to Finance Minister Muhammad Aurangzeb. In a recent interview, Aurangzeb stated that the negotiations with the IMF are almost to an end. Although he recognized that the IMF Executive Board had not yet set a particular approval date, he was optimistic that the $7 billion loan program will be…
Islamabad, Sep 5: The Capital Development Authority (CDA) has declared plans to launch a major anti-encroachment operation in the long-stalled and under-developed E-12 sector, to restart development work initiated over 35 years ago. This decision was made during a meeting chaired by CDA Chairman Mohammad Ali Randhawa, as stated in an official press release on Wednesday. When the CDA first introduced the E-12 area in 1989, more than 4,000 plots were sold. Plot purchasers, however, have had to wait decades for the construction of their properties because the industry hasn’t advanced much since its founding. Many property owners, some of…
Islamabad, Sep 5: A technical malfunction in Pakistan International Airlines (PIA) Enterprise Resource Planning (ERP) system has brought office operations to a standstill nationwide. The outage on Wednesday has disrupted crucial employee-related processes, considered medical management and left approvals. According to people with knowledge of the situation, PIA significantly depends on its ERP system to carry out these crucial tasks. Office productivity has been seriously impacted by the system outage in a number of sites, including the airline’s Karachi headquarters. The IT department at PIA is putting a lot of effort into fixing the problem and getting the ERP system…