FDI rises by 55%, remittances up by 44%: Dr. Musadik
ISLAMABAD: Federal Minister for Petroleum Dr. Musadik Malik said on Friday that foreign direct investment (FDI) has increased by 55% while remittances have registered a growth of 44%. At the press conference, he highlighted the government’s efforts to create a favorable environment for investors, which contributed to this significant increase in foreign direct investment. […]
UAE halts visa applications—find out why!
The United Arab Emirates (UAE) has reportedly halted the issuance of visas to Jordanian nationals, raising concerns among citizens hoping to travel to the Gulf state. Local media sources indicate that travel agencies in Jordan have been unable to process visa applications, leaving many individuals frustrated. According to a report from a Jordan-based private media […]
Pakistani rupee thrashes US dollar in interbank trade
The US dollar price reached Rs277.60 against the Pakistani rupee in the interbank trading with a decrease of nine paisas. International Monetary Fund (IMF) Managing Director (MD) Kristalina Georgieva has expressed optimism about Pakistan’s economic trajectory, stating that the country’s economy is heading in the right direction. In a statement, Georgieva congratulated the government and […]
Gold per tola price in Pakistan sees decline
After a brief rise in the previous session, gold prices in Pakistan witnessed a decline on Thursday, following a drop in international rates. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola fell by Rs1,100, bringing the new rate to Rs274,400. Similarly, the price of 10 grams of […]
Real reason behind Babar Azam’s resignation from captaincy
Pakistan’s cricketing star Babar Azam has stepped down as captain, a decision that was not initiated by the Pakistan Cricket Board (PCB), according to sources. Contrary to speculation, insiders confirmed that Babar was not asked to leave the leadership position but made the decision independently. Reports suggest that Gary Kirsten, the national white-ball coach, has […]
Sarfaraz among four cricketers to pass fitness tests
Pakistan wicketkeeper Sarfaraz Ahmed was among the other four cricketers to pass the fitness tests. Sources divulged on Thursday that the other three players who passed the fitness tests—Noman Ali, Zahid Mahmood, and Saud Shakeel—had also passed the fitness test. All four players had successfully managed to complete the distance in stipulated time. Pakistan are […]
Scientists decode the bee brain network!
In a groundbreaking research, scientists at Cambridge University unveiled the intricate brain network of the humble, hardworking bee! Yes, that’s right – while we have been trying to understand our own complex brains, the smart researchers over at Cambridge University turned their attention to the six-legged wonder that is a hard-working, always-hustling-away bee! The results […]
Mr. Waqas Ahmad, Chief Executive Officer of PQFTL Elected as Member of IAP
Karachi:– Pak-Qatar Family Takaful Limited (PQFTL), a leading provider of Family Takaful solutions and part of Pak-Qatar Group, is pleased to announce that their Chief Executive Officer, Mr. Waqas Ahmad, has been elected as a member of the Executive Committee of the Insurance Association of Pakistan (IAP) for the year 2024-26. This appointment marks a […]
Over 100 feared dead in Nigeria boat accident
KANO: More than 100 people are feared dead after a boat carrying mostly women and children capsized in Nigeria, rescue workers said as more bodies were pulled from the River Niger on Thursday. About 300 passengers were on their way to celebrate the Muslim Mawlid festival in north-central Niger when the accident happened on […]
SC annuls verdict barring lawmakers from defection in parliament
ISLAMABAD: The Supreme Court on Thursday annulled its 2022 verdict on the interpretation of Article 63(A) of the Constitution, which barred lawmakers from going against party directions when voting in parliament. Hearing the Supreme Court Bar Association’s (SCBA) plea, the five-member bench led by Chief Justice of Pakistan (CJP) Qazi Faez Isa announced the unanimous […]