Pakistan, eSports company Galaxy Racer signs an MoU

Dubai (our reporter):- The Galaxy Racer, the world’s fastest growing eSports company, takes a massive leap by signing a Memorandum of Understanding (MoU) with the newly established Special Technology Zones Authority (STZA). The ceremony was held in Dubai on Saturday. The President of Pakistan, Dr. Arif Alvi was grace the occasion. STZA has been set […]

Continue Reading

PM Imran led Govt takes Rs1.17 tr debt in one month

ISLAMABAD (Eshfak Mughal ):- Pakistan’s Central Government debt climbed by Rs 1172 billion to Rs.39.87 trillion during the first month of the current fiscal year 2012-22, according to the report issued by the State Bank of Pakistan mainly due to increase in external debt. The report said that the central government debt has been increased […]

Continue Reading

India involves in 4 types of terrorism, Pakistan

NEWYORK (our reporter):- Pakistan claimed on Saturday that India is involve in four types of terrorism including state terrorism, financing to terrorists. Pakistan’s representer was responding in the meeting of General Assembly while using the right of reply.He said that today, India is involved in at least 4 different types of terrorism. First, India is […]

Continue Reading

Inflation likely to surge in Pakistan, ADB forecasts

ISLAMABAD (Eshfak Mughal):- The Asian Development Bank has forecased that Pakistan could face inflationary pressure due to economic recovery and risen oil prices during the current fiscal year. The bank has published it’s report “Asian Development Outlook (ADO) 2021″ (ADO) 2021 today during the current fiscal year, Inflation in the country is projected to slow […]

Continue Reading

Pricing mechanism for divestment of Pak Re-Insurance company approved

ISLAMABAD:- The Board of Privatization Commission has approved the pricing mechanism for divestment of Government of Pakistan’s shares in Pak Re-Insurance Company Limited. The 9th Privatisation Commission, Board meeting of the current year held in Islamabad, under the chairmanship of the Federal Minister and Chairman Privatisation Mohammedmian Soomro. Federal Secretary, Board members, senior officers of […]

Continue Reading

Pakistan wants to build broad-based relations with USA, Qureshi

NEW YORK:- Pakistan’s Foreign Minister Makhdoom Shah Mahmood Qureshi has said that his country wants to build a more broad-based and multidimensional relationship with the United States after end of mission in Afghanistan. He was addressing at the Council on Foreign Relations (CFR) in New York. In his remarks, the Foreign Minister said that with […]

Continue Reading

SECP further amends Public Offering Regulations

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has amended the Public Offering Regulations, 2017 to introduce a regulatory framework for Special Purpose Acquisition Companies (SPAC). The introduction of SPAC in Pakistan’s market is expected to boost up activities in the primary market, encourage new listings and help companies to tap capital for large […]

Continue Reading

Pakistan: Ghee, oil’s prices likely to decrease

SLAMABAD…The Pakistan Vanaspati Manufacturers Association (PVMA) announced an immediate reduction in the price of ghee and cooking oil followed by the Government decision to demolishing of further sales tax regime on such items .  Central Chairman of PVMA Sheikh Abdul Waheed has directed all ghee and cooking oil producers to reduce prices immediately so that […]

Continue Reading