In Islamabad, sources close to the matter revealed that a consortium comprising six companies has been given pre-qualification status for the privatization of Pakistan International Airlines (PIA). This decision was reached during a Privatisation Commission Board meeting chaired by Federal Privatization Minister Aleem Khan. The companies forming the pre-qualified consortium are now eligible to partake in the bidding process for PIA. During the meeting, Aleem Khan stressed the government’s dedication to conducting a transparent and effective privatization process for all state-owned entities incurring losses. To uphold transparency and instill trust, Khan suggested broadcasting the privatization proceedings live on media platforms,…
Author: WebDesk
Sanam Saeed recently gave fans a thrilling glimpse into her upcoming film “Umro Ayyar: A New Beginning” on Instagram. She shared several images showcasing her character, Meena, dressed in warrior attire, exuding a fierce presence suitable for the battlefield. In addition, she posted a selfie with her co-star Usman Mukhtar and another photo featuring the tired but triumphant ensemble cast. Saeed’s caption hinted at the anticipation surrounding the film’s release on Eid-ul-Azha in 2024. The movie, promising action-packed storytelling, aims to enthrall audiences in Pakistan and beyond with the legendary tale of Umro Ayyar. In addition to this project, Saeed…
Chahat Fateh Ali Khan has surprised his fans with the announcement of his upcoming debut film titled ‘Sabaq’. Directed by Faraz Ahmed, the comedy film explores themes of second marriages and the influence of social media influencers. Sharing the trailer, Chahat Fateh Ali Khan revealed that ‘Sabaq’ is set to release on Eid Mubarak day, expressing excitement for his first venture into filmmaking. In the trailer, Chahat Fateh Ali Khan portrays himself, capturing his iconic moments on his phone and delivering his trademark catchphrase, “King of hearts, Chahat Fateh Ali Khan, all the way from London.” The film promises to…
In Islamabad, on Monday, the Pakistan Stock Exchange (PSX) observed a bearish trend as the 100-index lost 303.22 points, marking a negative change of 0.40 percent, closing at 75,575.26 points compared to the previous day’s 75,878.48 points. During the trading session, a total of 441,261,756 shares valued at Rs 18.634 billion were traded, contrasting with 523,299,973 shares valued at Rs 20.574 billion the day before. A total of 426 companies participated in the stock market, where 199 recorded gains, 178 sustained losses, and the share prices of 49 companies remained unchanged. The top three trading companies included Fauji Cement, K-Electric…
On Monday, Minister for Finance and Revenue Senator Muhammad Aurangzeb held discussions with the Korean Ambassador and representatives of Korean companies working in Pakistan. Matters of mutual interest for the benefit of both nations were deliberated upon during the meeting, which was attended by the Secretary Ministry of Communications, Chairman National Highway Authority (NHA), MD Private Power & Infrastructure Board (PPIB), and senior officers from relevant ministries, as per a press release. Minister Aurangzeb highlighted the significant macroeconomic improvements and the positive trajectory of foreign exchange reserves. He reaffirmed the government’s commitment to addressing the challenges faced by Korean companies…
The University of Oxford has agreed to grant scholarships to students from Balochistan through the Benazir Scholarship Program. This agreement was formalized between Oxford University and the Balochistan government, with Chief Minister Mir Sarfaraz Bugti and Malala Yousafzai, the global ambassador for girls’ education, present at the signing ceremony. Under this initiative, talented students from Balochistan will receive full scholarships to pursue higher education at Oxford University, recognized as one of the world’s most esteemed institutions, according to a statement from the press secretary to the chief minister of Balochistan. The program aims to facilitate access to high-quality education and…
In Islamabad, a heatwave persists as the maximum temperature in Turbat and Sibi, Balochistan, may reach 48 and 47 degrees Celsius, respectively. The Met Office anticipates temperatures of 43 degrees Celsius in Lahore, 41 in Peshawar, 40 in Islamabad, and 37 in Karachi. However, temperatures in Nawabshah, Sukkur, Mohenjo-daro, and Dadu districts are expected to be four to five degrees Celsius lower than during the ongoing heatwave, which reached up to 50 degrees Celsius. Meanwhile, Multan, Bahawalpur, Sargodha, and Faisalabad could experience temperatures exceeding 40 degrees Celsius today. The Pakistan Meteorological Department (PMD) has predicted wind and dust storms in…
During a recent telephonic discussion with Iran’s Acting Foreign Minister Ali Bagheri, Pakistan’s Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar reiterated Pakistan’s unwavering support for initiatives focused on putting an end to the ongoing genocide in Gaza. The conversation between the two diplomats centered on the dire situation in Gaza and the continued Israeli atrocities against the Palestinian population. This reaffirmation of support from Pakistan underscores the country’s commitment to advocating for the rights and welfare of the Palestinian people amidst escalating tensions and violence in the region. The dialogue between Deputy Prime Minister Dar and Acting Foreign…
The ninth edition of the ICC Men’s T20 World Cup is set to offer the highest prize money in its history. Winners of the 20-team tournament, to be held at Kensington Oval in Barbados on June 29, will earn at least $2.45 million along with the coveted trophy. Runners-up will receive a minimum of $1.28 million, while losing semi-finalists will each take home $787,500 from the total prize pot of $11.25 million, as stated in a press release. Teams failing to advance beyond the Super 8s will still earn $382,500 each, while those placed ninth to 12th will receive $247,500…
UN experts urge all countries to recognise Palestinian statehood as death toll hits 36,479. In the past 24 hours, according to the health ministry, forty Palestinians have been killed and 150 others have been wounded. This surge in casualties underscores the escalating violence and humanitarian crisis in the region.
