ISLAMABAD: The Institute of Policy Studies (IPS), Islamabad signed a memorandum of understanding (MoU) with Inovatian-Asia (Private) Limited, a sister concern of international technology firm Inovatian Inc with offices in Canada, the UK, the US and Egypt, a statement said on Saturday. The Inovatian-Asia (Private) Limited was founded by renowned scientist and innovator Dr Hatim … Read more
LAHORE: The Businessmen Panel of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has welcomed the government’s self-assessment income Scheme, announcement of ‘no-harassment policy’ from the Federal Board of Revenue (FBR) and withdrawal of notices to the businessmen. FPCCI’s Businessmen Panel chairman Mian Anjum Nisar appreciated Finance Minister Shaukat Tarin for directing the … Read more
DUBAI: The UAE government has updated the fines and penalties for violating Covid safety rules and measures in the UAE, Khaleej Times reported. The updated list specifies fines ranging from Dh1,000 to Dh50,000 for violating quarantine instructions; non-compliance with the safety rules like use of masks and social distancing; spreading fake news, information or coronavirus-related … Read more
KARACHI: The rupee is expected to stay stable next week, owing to the inflows from the International Monetary Fund (IMF); however, the recent numbers of the current account deficit may escalate the demand for the dollars. The IMF has announced a $650 billion financial package to boost the global economy. Pakistan is scheduled to get … Read more
ISLAMABAD: The Pakistan Bait-ul-Maal (PBM) has distributed Rs3.83 billion among the deserving people during the previous financial year 2020/21 under various welfare-oriented schemes. Having an annual budget of Rs6.11 billion in the financial year 2020/21, the PBM had provided medical treatment of fatal diseases related to liver, kidney, heart, lungs, etc, to over 100,000 indigent … Read more
KABUL: A Taliban official has denied reports that foreign nationals were kidnapped near Kabul airport, where big crowds still exist amid US-led evacuation efforts, local media reported on Saturday. “The report about kidnapping is a rumor. The Taliban members are helping all foreign nationals to get access to the airport. We are determined to provide … Read more
Despite the uncertainty surrounding the two tours in recent days, Pakistan Cricket Board (PCB) Chairman Ehsan Mani is confident that both England and New Zealand will visit Pakistan as scheduled. In September and October, New Zealand and England will make their first visits to Pakistan in 18 and 16 years, respectively. However, the Taliban’s takeover … Read more
NEW DELHI: A special flight from the Indian Air Force (IAF) Saturday morning evacuated over 85 Indian nationals from Afghanistan, a local news agency report said. “An Indian Air Force C-130J transport aircraft took off from Kabul with over 85 Indians. The aircraft landed in Tajikistan for refuelling. Indian government officials are helping in evacuation … Read more
KARACHI: Pakistan stocks continued positive momentum during the week ended August 20, 2021, and analysts expect the market to remain positive in the upcoming week too, attributable to crashing global commodity prices and the ongoing results season, which will keep specific companies under the limelight. “On the other hand, a decline in infection ratio of … Read more
LAHORE: Punjab Chief Minister Usman Buzdar is presently reviewing the performance of provincial ministers and advisers as Cabinet reshuffle is on the cards, BOL News learnt on Saturday. Sources in the chief minister office said Chief Minister Buzdar had already hinted at it by giving the portfolio of housing, urban development and public health engineering … Read more
LAHORE: The Pakistan Tehreek-e-Insaf (PTI) is consistently lying to the people of the country and trying to convince them that they are the real founders of Pakistan, a senior Pakistan Muslim League (PML-N) leader said. Addressing a press conference, PML-N secretary-general Ahsan Iqbal said that Shaukat Tarin must read his party’s Vision 2025 and learn … Read more
Taliban co-founder Mullah Abdul Ghani Baradar arrived in Kabul on Saturday for talks on establishing a new ‘inclusive’ government in Afghanistan, a senior official said. Other senior Taliban leaders seen in the capital in recent days include Khalil Haqqani — one of America’s most wanted terrorists with a $5 million bounty on his head. Pro-Taliban … Read more
ISLAMABAD: The Chinese Embassy in Pakistan on Saturday strongly condemned the suicide attack in Gwadar targeting Chinese nationals working on the Gwadar East Bay Expressway project in Balochistan. A motorcade carrying Chinese personnel was attacked by a suicide bomber on Friday in which one Chinese was injured, two local children were killed and several others … Read more
Minister for Information and Broadcasting Chaudhry Fawad Hussain condemning the Gwadar attack has said the attack was aimed at sabotaging the economic vision of China, Pakistan leaderships. In a tweet he said the enemy cannot undermine Pakistan’s resolve and “we will spare no effort to bring the culprits to justice”. Attack in Gawader is just … Read more
DUBAI: Pakistan, just like other emerging markets, is writing a new story of developing young entrepreneurs and startups, fuelling the growth that has grabbed attention from some of the top global investors, mentors and accelerators, Khaleej Times reported. The spotlight is on fintech, e-commerce, logistics and FMCG, among others. Aatif Awan, founder of Indus Valley Capital, said: “Pakistan … Read more
WASHINGTON: US President Joe Biden once again defended his administration’s handling of withdrawal from Afghanistan, denying America’s allies questioning the country’s credibility over the ongoing chaotic evacuation. “This is one of the largest, most difficult air lifts in history, and the only country in the world capable of projecting this much power on the far … Read more
GUJRANWALA: The present government is taking effective and solid measures to promote regional trade, a senior government official said. Talking to the business community at the Gujranwala Chamber of Commerce and Industry (GCCI), Adviser to the Prime Minister on Commerce Abdul Razak Dawood said that an agreement has been signed with Uzbekistan, while another would … Read more
RIYADH: Saudi Arabia is looking for more trading partners under the free trade agreements, as the country aims at increasing non-oil exports share in GDP, Arab News reported. The kingdom is resuming negotiations for the free trade agreements with 11 countries, Okaz paper reported, citing a circular by the Federal of Saudi Chambers (FSC) to all chambers … Read more
