Garbage dumping into Margallas endanger wildlife, biodiversity
The garbage and sewage waste dumping by different restaurants and food chains operating in the Margalla Hills National Park (MHNP) have been posing serious risk to wildlife and biodiversity of the protected area. Different hotels and recreational spots established in this national park, with their number mounting every passing day are gradually eating up beauty…
Adil Aziz
Potential of Islamic tourism worth $230 billion by 2028: Speakers
The speakers at the tourism (Ziyarah) conference held in Uzbekistan said that the potential of Islamic tourism is US $230 billion by 2028 which can play a significant role in the economic integration of Islamic counties. They said that currently the population of the Muslim world is 2.3 billion, which is 27 percent of the…
Pakistani-American Tech entrepreneurs urged to boost investment in Pakistan
Pakistan’s Ambassador to the U.S., Masood Khan, has called on Pakistani-American Tech entrepreneurs to act as a catalyst to accelerate growth and investment in Pakistan’s IT and startup sectors. Speaking at the Organization of Pakistani Entrepreneurs (OPEN) Annual Forum at Silicon Valley, California, he said that recent uptick in the bilateral relations between Pakistan and…
Planning Commission launches Pakistan Outlook 2035 on future socio-economic roadmap
The Planning Commission has initiated a comprehensive study on the future development scenario building for Pakistan titled “Pakistan Outlook 2035”. The initiative, which will assess long-term challenges in the light of prevailing economic crisis and changing global dynamics in key sectors of the economy and identify policy choices for the policy makers for rapid socioeconomic…
Banks to get exemplary punishment for over charging on LCs: Dr. Ayesha Ghous Pasha
Minister of State for Finance Dr. Ayesha Ghous Pasha wowed on Friday to give exemplary punishment to the commercial bank who were over charging on Letter of Credits (LCs) payments. Briefing the Senate Standing Committee on Finance and Revenue the minister of state said that the banks responsible for over charging would be fined heavily…
Karot project to save 1.4 Million tons coal, reduce annual emission of CO2 by 3.5 Million tons
The Karot Hydropower Project is expected to save 1.4 million tons of standard coal and reduce carbon dioxide emissions by 3.5 million tons each year, Vice General Manager of China Three Gorges International Limited (CTGI) and Chairman of CSAIL Qin Guobin. With a total installed capacity of 720 MW and an annual generating capacity of…
Diplomat wants Pakistani businessmen to exploit US expertise
The United States has long been Pakistan’s largest export market, importing more than $5 billion Pakistani goods that is surpassing any other country and we want bilateral economic relations to be further strengthened by inviting Pakistani businessmen to come to US and get advantage of United States expertise in different sectors. This was stated by…
Pakistan to launch 5G technology by July 2023: Amin-ul-Haque
Federal Minister for Information Technology and Communication Syed Aminul Haque here on Thursday said that manufacturing of smart-phones had been started in Pakistan while 5G technology would be launched in the country by July 2023 and our effort was to make access to technology possible for people in every part of the country. He was…
Emirates Group announces record half-year performance for 2022-23
The Emirates Group today announced its half-year results for its 2022-23 financial year. The Group is reporting a 2022-23 half-year net profit of AED 4.2 billion (US$ 1.2 billion), a record half-year performance, and a turnaround of almost AED 10 billion from its AED 5.7 billion (US$ 1.6 billion) loss for the same period last year. The…
IT Minister hopes revenue from IT Export to touch US$ 5 Billion next year
Federal Minister for Information Technology and Telecommunication (MOITT), Syed Amin ul Haque, said that government was focused on promotion of research and development activities for encouragement of entrepreneurship in the country. He was addressing distribution ceremony of the 1st Hameed and Azra Awards in the field of Quality Academic Research in Pakistan held here at…