Budget 2024-25: PM Shehbaz Leads NEC Meeting on Development Programmes ISLAMABAD: The National Economic Council (NEC) will meet under the direction of Prime Minister Shehbaz Sharif at PM House to complete the development plan for the upcoming fiscal year. In addition, the four provincial chief ministers and representatives from the federation and provinces will discuss the development programme for...
Pakistan-China Investment Agreement for New Projects ISLAMABAD: To encourage investment in important projects, the National Bank of Pakistan and China Pakistan International Silk Road Industry Investment Management Company Ltd. have inked an MOU. The objective of this agreement is to: Promote industrial collaboration. Support the creation of special economic zones. Increase...
How to Register Power of Attorney in Pakistan In Pakistan, a Power of Attorney, also known as a Mukhtar nama, is an important legal document that authorises someone to act on behalf of another, particularly when the affected parties are unable to attend legal hearings or handle affairs themselves. This document is very important since it allows for better representation in court hearings and other...
Two-Day Pakistan-Saudi Arabia Investment Conference Kickstarts in Islamabad Islamabad: A Saudi delegation led by Deputy Investment Minister Ibrahim Almubarak arrived in Islamabad for a three-day visit. Jam Kamal, the Commerce Minister, and Musadik Malik, the Petroleum Minister, greeted the team at Nur Khan Airbase. The delegation has come to...
Gilgit-Baltistan Receives Record Tourist Revenue in FY 2023–2024 Gilgit: The Gilgit-Baltistan Finance Department reached a key milestone by collecting a record Rs3 billion in income during the July-March period of the current fiscal year 2023-2024. According to Gilgit Baltistan Finance Secretary Aziz Ahmed Jamali, the success is the outcome of a multi-faceted plan targeted at producing revenue from a...
Japan commits USD 9.8Mn grants for ISB’s Projects Islamabad: The Japanese government has allocated further grants totalling around USD 9.8 million for two projects in Pakistan. These initiatives include "Installation of Weather Surveillance Radar in Sukkur City" and "Extension of Maternal and Child Health Care Facilities in Sindh." These grants are primarily intended to...
Home Decor Ideas Inspired Your Living Room Interior Turning your living space into your own haven requires making it both aesthetically pleasing and welcoming. A tastefully arranged living area draws attention from onlookers as well as improving the aesthetics of your house. If you're feeling unsure about how to elevate your living room's design, you're in the right place. We'll look at five home...
CDA Establishes Division for Urban Growth Management Islamabad: CDA to deal with the problems caused by fast urbanisation and the growth of private housing societies In order to address the growing concerns arising from the proliferation of private housing projects and the surging population in Islamabad, the Capital Development Authority (CDA) has made the decision to establish a dedicated division...
What Type of Property is Most Profitable? Which types of property are the most profitable to invest in? It is a common question among people interested in real estate investing. The most suitable plan of action will depend on your investment objectives, available funds, market conditions, and level of risk tolerance. In this piece, we'll go over the advantages and disadvantages of several types of...
CDA plans to build a commercial tower in Sector G-8 to meet Financial Stability Islamabad: The Capital Development Authority (CDA) is building the CDA Tower in Sector G-8 to improve financial stability. CDA Tower Project This project was developed in collaboration with the private sector, demonstrating a strong commitment to innovation and economic development. The skyscraper has been designed as...
CM Punjab Approves Online Property Transfer Service for Overseas Pakistanis LAHORE: Punjab Chief Minister Maryam Nawaz has announced plans to develop an online property transfer service designed exclusively for overseas Pakistanis, with the goal of protecting expats from potential fraud. The newly elected provincial leader stressed the importance of this endeavor while chairing a special meeting of...
Pakistan's Cement Sector Sees Double Digit Profit Growth Islamabad: Pakistan's cement sector posted a record earnings rise of PKR22.4 billion (US$58.18 million) in the second quarter of FY23-24, up 8% YoY. This considerable increase in earnings is mostly driven by the sector's improved gross margins and other income. According to Topline Pakistan Research, Lucky Cement (LUCK)...
Punjab Launches Initiative to Combat Smog Lahore: Provincial Senior Minister Marriyum Aurangzeb gave orders during a meeting to develop an action plan to rid Punjab of haze. The conference was attended by the DG of fisheries, the secretaries of the environment and wildlife, and other high-ranking authorities. "This action plan will be forged through collaboration with the private sector to combat...
Punjab CM Launches “Sarkein Bahaal, Punjab Khushhal” Project Lahore: During a special meeting to improve Punjab's socioeconomic development, Chief Minister Maryam Nawaz announced the "Sarkein Bahaal, Punjab Khushhal" project. CM Punjab has issued an order requiring all roads in the province to be restored within the next six months. The repair and restoration work will encompass both...
CDA Announces Plan to Plant 10 Million Trees in Margalla Hills Islamabad: The Margalla Hills will once again be covered with forest, according to a project started by the Capital Development Authority (CDA) in a major step towards environmental conservation. The innovative project aims to plant 10 million trees throughout the Margalla Hills National Park with an investment of...
CM Naqvi Orders Making Babu Sabu Toll Plaza Proactive Measures Transforming Babu Sabu Toll Plaza for a Smoother Commute Lahore: In a bid to address the persistent traffic issues at the Babu Sabu Toll Plaza, Chief Minister Punjab, Mohsin Naqvi, recently undertook a late night inspection of the site. The visit not only showcased the chief minister's hands-on approach but also emphasized his commitment...