Islamabad: the Information Technology scene is booming with help from the Special Investment Facilitation Council (SIFC). Recognizing IT’s potential, the government has set aside seventy-nine billion rupees this year for the sector.SIFC signs agreement with UAE’s Company for investment Nineteen billion rupees will go into building IT parks in Islamabad and Karachi, with twenty-two billion…
ISLAMABAD: Prime Minister Shehbaz Sharif has stated that the construction of the nation’s first advanced Islamabad IT Park has been expedited to ensure its completion within this year. During his visit to the under-construction IT park in Islamabad today, he mentioned that the work on this project is being carried out around the clock.Competition Tribunal…
ISLAMABAD:Minister for Industry and Production, National Food Security and Research Rana Tanveer Hussain Friday said that the government has decided to introduced track and trace system in local cotton and ginning industry aimed at avoiding tax evasion.Cotton growers advised to ensure special arrangements during rains Talking to a delegation of the Pakistan Cotton Ginners Association,…
ISLAMABAD: In a significant ruling, the Competition Appellate Tribunal has dismissed the appeals filed by Defence Housing Authority (DHA), Lahore, and Wateen Telecom (Pvt.) Limited, upholding the Competition Commission of Pakistan’s (CCP) decision to impose substantial penalties for engaging in prohibited agreements that restricted consumer choice. The Competition Appellate Tribunal has maintained the penalties levied…
Staff Report: Several online services provided by the UAE Government were disrupted by a global cyber outage that affected major institutions worldwide. Dubai International Airport (DXB) also confirmed temporary impacts on its operations. The UAE’s Ministry of Foreign Affairs (MoFA) advised the public on Friday to refrain from making transactions on its online portals due…
Islamabad: The Pakistan Medical and Dental Council (PM&DC)has decided to conduct the MDCAT exam on 22nd September 2024 (Sunday). In a recent meeting, the Council decided to conduct the Medical and Dental College Admission Test (MDCAT) for aspiring medical students on the same date in Pakistan and abroad.Daanish Schools Network to be expanded across country:…
ISLAMABAD: Minister of State for IT and Telecommunication Shaza Fatima Khawaja has said the government is committed to empowering women due to immense importance of their role in national development. Addressing the Webinar titled ‘Women Shaping the Tech Landscape of Pakistan’ in Islamabad, she said steps are underway to empower women by equipping them with…
LAHORE: The Punjab Agriculture department has advised cotton growers to ensure special arrangements with regard to cotton care during rains. A spokesman for the department said that occurrence of more than usual rains did not yield good impact on the crop.Pakistan Suffers $35m Monthly Loss Due To Oil Smuggling: OCAC He said rainwater causes more…
ISLAMABAD: Coordinator to the Prime Minister on Climate Change and Environmental Coordination, Romina Khurshid Alam has stressed the need for slowing down global warming and overcome the devastating impacts of climate change, particularly in mountain regions.Pakistan making efforts to benefit from UN’s carbon trading system – Romina Khurshid Chairing a PM’s committee meeting on establishing…
Staff Report: FTSE Russell announced the reclassification of Pakistan from Secondary Emerging to Frontier Market status, effective Sep 23, 2024. This was an anticipated move as Pakistan’s market was placed on the watch list for possible reclassification on Sep 28, 2023. The minimum criteria for Secondary Emerging status required a stock count of more than…