The pandemic may have slowed the world in 2020, but Pakistan is recovering rapidly. For about a year, the four provinces have been working diligently to address a series of issues. For example, Khyber Pakhtunkhwa has given the green light to billions of interest-free loans to increase employment, Punjab has introduced a series of measures to make Ramzan more accessible to all, and Sindh is investing more...
Islamabad: Capital Development Authority (CDA) has decided to transform Islamabad into a tourist-friendly city. The Capital Development Authority (CDA) at the first meeting of the newly formed CDA Council on Wednesday, March 10, 2021 decided to make the federal capital's tourist-friendly, functionalize libraries and carry out activities that highlight the national culture. It was also decided to make...
The government of Pakistan has increased the profit rates on the National Savings https://twitter.com/savingsgovpk/status/1367032095470727169 Karachi: On Wednesday March 3, 2021, the government issued revised profit rates for national savings system certificates, according to which profit rates were raised in various savings programs. According to the details revealed by the sources, the rate...
LAHORE: The Islamic banking arm of HBL and Akhuwat have signed a Memorandum of Understanding (MoU) to implement a program that will provide Shariah-compliant home financing services to applicants identified by Akhuwat. The Memorandum of Understanding was signed in Lahore by the founder of Akhuwat, Dr. Amjad Saqib, and the head of HBL's Islamic banks, Muhammad Afaq Khan. Through this memorandum of...
SBP allows housing loan on personal guarantee KARACHI: In order to make it easier for banks to extend the financing of low-cost housing, the State Bank of Pakistan (SBP) has allowed banks to accept a personal guarantee from a third party to finance low-cost housing to cover the risks of the mortgage. The news reported on Tuesday, February, 16, 2021 Currently, applicants face...
On February 11,2021, the PTCL group successfully tested its 5G network in a controlled environment at its headquarters in Islamabad in a limited environment on a non-commercial basis to achieve download speeds of up to 1,685 gigabytes per second (GBPS). Speaking on the occasion, Syed Aminul Haque said: “I am delighted to be present at this crucial event as the PTCL Group takes an important step to...
Sajid Sadpara, son of missing Pakistani mountaineer Muhammad Ali Sadpara, said the chances of his father alive "are slim to zero". In a video message from Skardu, where he arrived early Sunday morning, Sajid said: "Rescue operations now only make sense if they are carried out to bring his body back. Otherwise, the chances of someone surviving 8,000 meters for two to three days. are slim to...
The Capital Development Authority (CDA) has approved building plans of 41 commercial and residential structures. They approved these out of a total of 121 buildings during the past 20 days, a spokesperson shared. The authority also issued completion certificates to 10 out of 87 buildings while collecting tax over PKR 80 million in this regard, he added. The official informed that the Building Control...
PARKING PLAZA The Capital Development Authority CDA is in the process of identifying location for building a multi-story parking plaza in Islamabad, chairman of the authority said. The development agency and the top representatives of traders of capital checked the missing facilities at the city’s markets. Lack of development and maintenance has spoiled the look of commercial areas in the federal...
ECONOMIC ACTIVITY WORTH PKR 100 BN As the government has been focusing on the construction sector, data released by Capital Development Authority (CDA) showed that Federal capital generated an economic activity worth around Rs100 billion. Contrary to the calendar year 2019 when BCS approved maps of around 350 buildings, the Building Control Section (BCS) of the civic agency in 2020 approved maps of 2,315...
CAMPS SET UP FOR TOURISTS The Galliyat Development Authority (GDA) has set up as many as ten camps to help tourists coming to the beautiful valleys amid sporadic snowfall, GDA official Ahsan Hameed shared on Wednesday. "GDA has set up the camps up along the Galliyat route. Thus, starting from Harno and leading towards Barian," he added. He said that we have aimed this initiative at providing help to...
1300 YEARS OLD HINDU TEMPLE DISCOVERED IN SWAT 1300-year-old Hindu Temple was discovered in the Swat district of Pakistan. It is the first temple of Gandhara civilization discovered in the Swat district. The discovery was made during an excavation at Barikot Ghundai. Announcing the discovery of 1300 years old Hindu temple, Fazle Khaliq of Khyber Pakhtunkhwa Department of Archaeology said that the...
A Guide To Real Estate Investment In 2021 Were you looking for investment opportunities? Here is a guide to real estate in Pakistan in 2021. It is said that "The best investment on earth, is earth." INTRODUCTION Is the economy slowing down? Not if you keep watch on construction cranes working on multiple sites. The construction industry is in a boom. Real estate is one of the most...
LAKE RESTORED AT SHAKARPARIAN The Capital Development Authority (CDA) completed work on Family Park and Lotus Lake at tourist spot Shakarparian to promote tourism in the city. CDA Chairman Amir Ali Ahmed inaugurated the Family Park and lake on Sunday, 21 November 2020.It happened for the first time since 2009 that CDA has constructed a family park. Lotus lake has beautiful wooden benches and a few...