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The Jordan-based Royal Islamic Strategic Studies Centre has named M***i Taqi Usmani among the 2023 World’s 500 Most Infl...
01/11/2022

The Jordan-based Royal Islamic Strategic Studies Centre has named M***i Taqi Usmani among the 2023 World’s 500 Most Influential Muslims magazine published by an international Islamic non-governmental, independent institute headquartered in Amman, Royal Islamic Strategic Studies Centre.

Zimbabwe Beats Pakistan in a Thrilling MatchZimbabwe defeated Pakistan by 1 run in a nerve-wracking contest during the T...
27/10/2022

Zimbabwe Beats Pakistan in a Thrilling Match

Zimbabwe defeated Pakistan by 1 run in a nerve-wracking contest during the T20 World Cup on Thursday in Perth.

Earlier, Mohammad Wasim and Shadab Khan shared seven wickets between them as Pakistan restricted Zimbabwe to 130-8.

The Pakistan Cricket Board (PCB) and National Bank of Pakistan (NBP) have signed a memorandum of understanding (MoU) to ...
25/10/2022

The Pakistan Cricket Board (PCB) and National Bank of Pakistan (NBP) have signed a memorandum of understanding (MoU) to rename the National Stadium in Karachi to National Bank Cricket Arena, it was announced on Tuesday.

“The PCB National Bank of Pakistan have signed a five-year Memorandum of Understanding (MoU) for the naming rights of one of the country’s most iconic Test venues, the National Stadium in Karachi. As such, the venue will now be known as the National Bank Cricket Arena," the PCB said in a statement.

“Besides the naming rights agreement, the PCB and NBP will also collaborate and partner on sponsoring initiatives to promote and develop grassroots cricket across the country, including supporting the PCB initiatives of scouting local talent in the rural areas of Pakistan.”

As per the MoU, the NBP will be allowed to use the venue nomenclature and signage outside the playing area.

PCB Chairman Ramiz Raja said, “I want to welcome National Bank of Pakistan back in the PCB family after having supported Pakistan cricket in the past.”

"NBP again partnering with the PCB is a great news as this reflects that prestigious organisations are willing to be associated with the Pakistan cricket brand as they see a lot of value in it for themselves.

“Additionally, I am grateful to the NBP for also extending support to the PCB Pathways Programme,” he said. “I have always emphasised on creating processes for the raw talent that can be professionally channelized into the national framework. This partnership with NBP is a significant movement in that direction.”

NBP President and CEO Rehmat Ali Hasnie stated, “We are delighted to partner with the Pakistan Cricket Board. The National Stadium, Karachi is one of the most iconic cricket venues in the world and has hosted some of the legends of all eras since Test cricket was first played there.

“We are honoured to associate with such an incredible cricket venue, our endeavour during the next five years would be to help the PCB further uplift the venue while making contributions to Pakistan cricket across the country at the grass root level simultaneously."

Footballs exports during the first three months of fiscal year of 2022-23 grew up by 59.10 percent as compared to the ex...
25/10/2022

Footballs exports during the first three months of fiscal year of 2022-23 grew up by 59.10 percent as compared to the exports of the commodity during the corresponding period of last year.

During the period from July 22 to Sep 22, Footballs worth of US $59,121 were exported as compared to the exports of $ 37,159 during the same period of last year.

According to the data released by the Pakistan Bureau of Statistics, the exports of Sports goods increased by 31.18 percent, worth $ 102,178 as compared to exports of $77,892 during the same period of last year.

(Only for karachi's consumer)The National Electric Power Regulatory Authority (NEPRA) on Monday notified a raise of Rs12...
25/10/2022

(Only for karachi's consumer)
The National Electric Power Regulatory Authority (NEPRA) on Monday notified a raise of Rs12.68 per unit in the power tariff for the consumers of K-Electric on account of quarterly adjustment, sources reported.

According to details, the people of Karachi would face an additional burden of billions of rupees as NEPRA has approved an enormous Rs12.68 per unit hike in power tariff for K-Electric (KE) consumers on account of fourth quarterly adjustment for FY2021-22.

It is pertinent to mention here that K-Electric had submitted an application to the National Electric Power Regulatory Authority, seeking a hike of Rs14.53 per unit in the power tariff.

Earlier in October, the NEPRA approved a reduction in power tariff by Rs4.89 per unit for K-Electric consumers on account of fuel cost adjustment (FCA) for August 2022.

According to the notification, the fuel cost adjustment for K-Electric consumers would be lowered by Rs4.89 per unit against KE’s petition for Rs4.21. It, however, stated that the reduction in tariff for July would be applicable for one month only.

The NEPRA said the reduction in FCA would be applicable to all the consumer categories except lifeline consumers, domestic consumers consuming up to 300 units, agriculture consumers and EVCS (Electric Vehicle Charging Station).

The Federal Board of Revenue (FBR) has achieved yet another milestone on Monday by crossing revenue collection figure of...
25/10/2022

The Federal Board of Revenue (FBR) has achieved yet another milestone on Monday by crossing revenue collection figure of Rs 2 trillion, a month earlier than last year.

According to brief statement by the board, Chairman FBR, Asim Ahmad appreciated the performance of team FBR. He expressed optimism to achieve the collection target set for FY 2022-23, the statement added.

Daraz, Pakistan’s leading e-commerce platform, has been at the forefront of bringing constant innovation to their operat...
25/10/2022

Daraz, Pakistan’s leading e-commerce platform, has been at the forefront of bringing constant innovation to their operations, in order to scale and meet the growing demand of e-commerce in Pakistan. Earlier this month, Daraz entered into a partnership with Cainiao Network, (“Cainiao”), the logistics arm of Alibaba Group and launched the country’s first automated smart distribution centres in Karachi and Lahore. These would be one of the most technologically advanced logistics facilities in South Asia, and mark Cainiao’s first deeply integrated distribution centre network in the region.

The distribution centres will be equipped with innovative smart technologies, such as an automatic assembly line and smart distribution set-up. It will utilise Cainiao’s proprietary solutions, including e-PLC, control algorithm, WCS, to ensure operational quality and stability. The facilities span over 50,000 sq. metres and hold the capacity to process 1 million orders per day collectively. To date, Cainiao has built hundreds of automated distribution centres of varying scales in China, and 10 smart distribution hubs across Europe, Asia, and America. These smart distribution centres will increase Daraz’s sorting capacity by over 4.2x and decrease manual errors by over 90%, thus benefiting our entire business and improving the customer experience. The strategic launch of these distribution centres ahead of 11.11 would position Daraz to meet their targets, and make this year’s grand sale bigger than all previous years.

Bilal Lashari’s mega film The Legend of Maula Jatt has achieved another milestone and earned Rs100 Crores globally.The f...
24/10/2022

Bilal Lashari’s mega film The Legend of Maula Jatt has achieved another milestone and earned Rs100 Crores globally.

The film’s director, Bilal Lashari shared a post related to Maula Jatt’s massive success at the box office on Instagram and wrote, “you did it. Thank you”.

The whole cast and crew of the film feel grateful for this milestone. Humaima Malick who played the role of Daaro shared a heartfelt note on her Instagram story.

Malick wrote, “Maula Jatt just crossed 100 crores today. I can’t tell you how emotional I feel while I’m typing this as words can’t describe how proud and happy I feel for our country. I started working in the industry when I was 14 and Bol was my first project. Today, Maula Jatt made this big worldwide, loved by millions of people all over the world”.

“It’s a proud moment for Pakistanis all over the world as we’ve made 100 crores in 10 days and this is the best portrayal of our film industry. I’m so proud to be a part of it”, the actress concluded.

The biggest-grossing Punjabi-language movie produced in Pakistan to date earned US$2.3 (Rs50.91) crore million in its first weekend of release.

According to a press release, The Legend Of Maula Jatt has the highest and broadest distribution of any Pakistani or Punjabi movie to date on 500+ screens across 25 countries.

Produced by Ammara Hikmat, the star-studded cast of the film includes Fawad Khan, Mahira Khan, Hamza Ali Abbasi, Humaima Malick, Gohar Rasheed and Faris Shafi in pivotal roles.

Prime Minister Shehbaz Sharif will be leaving for a two-day visit to Saudi Arabia today (Monday) to attend the Saudi Fut...
24/10/2022

Prime Minister Shehbaz Sharif will be leaving for a two-day visit to Saudi Arabia today (Monday) to attend the Saudi Future Investment Initiative Summit, often referred to as ‘Davos in the Desert’, and hold consultations with Saudi Crown Prince Mohammed bin Salman.

Prior to his departure, a statement by the Foreign Office (FO) said PM Shehbaz’s official trip to Saudi capital Riyadh was scheduled following an invitation by Prince Salman, who was named the kingdom’s prime minister last month.

During his stay in Riyadh, PM Shehbaz would hold consultations with the Saudi crown prince to review the longstanding fraternal relations, with a view to further strengthening the multifaceted cooperation, especially in the economic field, the FO statement said.

Senior Journalist and anchorperson Arshad Sharif has been shot dead in Kenya’s capital of Nairobi.Sharif’s wife Javeria ...
24/10/2022

Senior Journalist and anchorperson Arshad Sharif has been shot dead in Kenya’s capital of Nairobi.

Sharif’s wife Javeria Siddiqui took to Twitter and confirmed the tragic news, acknowledging that her husband was killed in Kenya.

She also urged the media and the public not to share their family pictures, personal details, and Sharif’s last pictures from the hospital on social media.

Local police have initiated a probe and are investigating the matter, the sources said.

Before the confirmation from his wife came to the fore, some earlier reports had indicated that Sharif had died in an accident.

Sharif was previously associated with ARY News and had gone to Dubai after resigning from the channel. Before going to Kenya, he was spotted in London a few days back after arriving from Dubai.

The Shehbaz Sharif government has succeeded in persuading Saudi Arabia to revive a major project shelved during the PTI ...
24/10/2022

The Shehbaz Sharif government has succeeded in persuading Saudi Arabia to revive a major project shelved during the PTI government and establish a state-of-the-art deep conversion refinery along with a petrochemical complex in Pakistan, a top official at the Energy Ministry told.

The official confided to the publication that a high-powered delegation of the kingdom, headed by Crown Prince Mohammad Bin Salman, is coming to Pakistan in the last week of November during which a formal announcement is expected in this regard.

The Pakistani side, according to the report, made huge efforts to persuade the kingdom to honour the MoUs and invest in Pakistan. Islamabad also put its weight behind Riyadh, which has locked horns with Washington over the cut in oil supply in the international market.

In February 2019, during the visit of Mohammad Bin Salman to Pakistan, Saudi Arabia signed MoUs for an investment of $21 billion in various sectors of the economy, including for the project of a deep conversion refinery and petrochemical complex with an investment of $12 billion.

The Saudi oil giant Aramco also conducted a study in this regard which found that setting up a refinery in Gwadar was not feasible. However, it can be established at Hub, Balochistan, or near Karachi, the official said.

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