Adil Aziz

Pakistan receives US$ 500 Million from AIIB

Pakistan receives US$ 500 Million from AIIB

The government of Pakistan on Tuesday received US$ 500 million from Asian Infrastructure Investment Bank (AIIB), finance ministry tweeted here. The funds are deposited with the State Bank of Pakistan (SBP) it said adding these would augment country’s reserves.

China-Pakistan S&T cooperation center inaugurated in Beijing

China-Pakistan S&T cooperation center inaugurated in Beijing

China-Pakistan Science and Technology Cooperation Centre was inaugurated to facilitate the Chinese technology companies to conduct businesses in Pakistan, strengthening bilateral ties and acting as a bridge between the youth of two countries. Pakistan Ambassador to China, Moin ul Haque and President of Zhongguancun Belt and Road Industrial Promotion Association (ZBRA), Zhang Xiaodong inaugurated the…

Banking sector showed robust performance, steady resilience during H1CY22, SBP’s Review

Banking sector showed robust performance, steady resilience during H1CY22, SBP’s Review

State Bank of Pakistan (SBP) Monday issued the Mid-Year Performance Review (MYPR) of the Banking Sector for the year 2022. The review covers the performance and soundness of the banking sector for the period January to June 2022 (H1CY22). It also covers the performance of financial markets and Microfinance banks (MFBs) as well as the…

Dar satisfied over sugar availability, production

Dar satisfied over sugar availability, production

Federal Minister for Finance and Revenue Senator, Mohammad Ishaq Dar expressed satisfaction over the availability and production of sugar in the country. Chairing a meeting to review the demand and supply situation of sugar in the country, the minister stressed on maintaining the strategic reserves of the commodity and maintaining its price for providing maximum…

COMSTECH, Embassy of Indonesia organize seminar on herbal medicine

COMSTECH, Embassy of Indonesia organize seminar on herbal medicine

COMSTECH and the Embassy of Indonesia in Pakistan jointly organized an International seminar on the use of herbal and traditional medicine. On the occasion, Coordinator General COMSTECH, Prof. Dr. M. Iqbal Choudhary, said that various countries in the OIC member states have been historical custodians of such traditional knowledge for centuries. Particularly, he said, countries…

Third Pak-Africa Trade Development Conference beginning on Nov 29 in Johannesburg

Third Pak-Africa Trade Development Conference beginning on Nov 29 in Johannesburg

The third Pakistan Africa Trade Development Conference and Single Country Exhibition, organized by Ministry of Commerce, will begin in Johannesburg, South Africa on November 29. The conference, scheduled to on November 29 would be followed by Single Country Exhibition from November 30 to December 1st, said a press statement issued by the commerce ministry. Officials…

Govt releases Rs 21,404 million for various water resources schemes in first quarter of FY 2022-23

Govt releases Rs 21,404 million for various water resources schemes in first quarter of FY 2022-23

The government has released an amount of Rs21,404.83 million for various water resources schemes under Annual Public Sector Development Programme (PSDP) during the first quarter of the current fiscal year 2022-23. According to the data of the Planning Commission, the government has specified a sum of Rs 97,559.38 million for various projects in PSDP 2022-23….

Pakistan earns $263 million by exporting transport services in 3 months

Pakistan earns $263 million by exporting transport services in 3 months

Pakistan earned US $263.840 million by providing different transport services in various countries during the first three months of the current fiscal year (2022-23) as compared to the corresponding period of last year. This shows a growth of 75.95 per cent as compared to $149.950 million earned through the provision of services during the corresponding…

OGDCL conducts 221 Line-km 2D seismic surveys in 1st quarter of FY 2022-23

OGDCL conducts 221 Line-km 2D seismic surveys in 1st quarter of FY 2022-23

Oil and Gas Development Company Limited (OGDCL), during the first quarter of the current fiscal year, carried out 221 Line-km 2D and 21 Square-KM 3D seismic surveys in its various operational areas to discover hydrocarbon reserves. “The acquired 221 Line km of 2D seismic data and 21 Sq. km of 3D seismic data represents 49%…

A Musician, A Festival Director, An Ethnomusicologist – Natasha Noorani Announced as EQUAL Pakistan Ambassador for November

A Musician, A Festival Director, An Ethnomusicologist – Natasha Noorani Announced as EQUAL Pakistan Ambassador for November

 From managing Pakistan’s biggest band, Strings, to being nominated as the EQUAL Pakistan Ambassador for the month, Natasha Noorani has come a long way A woman adorning many hats but most recently creating waves in the ocean of Pakistani music, Natasha Noorani has been introduced as EQUAL Pakistan’s Ambassador for the month of November. Like…