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3d ago
Government misses opportunity to earn billions by delaying gas reforms in fertilizer sector
By failing to urgently address the existing gas pricing discrimination in the fertilizer sector, the Government is missing out on an opportunity to earn billions in revenue.
On April 4, 2024, Fauji Fertilizer (FFC) increased its urea prices by Rs 633/bag (17%) to Rs 4,400/bag. This price increase was made even though there had been no change in its gas input cost. It is still receiving Mari network gas on the subsidized price of PKR 580/mmbtu compared to other manufacturers on S ..read more
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3d ago
In a heartwarming tale of love transcending boundaries, a doctor in Pakistan, Kishwar Sahiba, has tied the knot with Shahzad, a housekeeping staff member at the same hospital. Their extraordinary love story has captured the attention of netizens, spreading joy and admiration across social media platforms.
The couple, residing in Dipalpur, Okara Tehsil, shared their unique journey on the "Mera Pakistan" YouTube channel. Speaking with YouTuber Harish Bhatti, they revealed how they met and fell in love, overcoming various challenges along the way.
Shahzad, initially taken aback by the unexpec ..read more
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3d ago
UK Chief of General Staff Praises Pakistan Army's Leadership and Integrity
United Kingdom’s Chief of General Staff General Sir Patrick Sanders commended the leadership of Chief of Army Staff General Asim Munir and praised the “honesty and integrity” of the officers of the Pakistan Armed Forces. Gen Sanders spoke highly of the Pakistani military during a luncheon in London, honoring senior British military men of the Quetta Association who studied and served in Pakistan Army’s Command and Staff College. He highlighted Pakistan as UK Army’s foremost priority in Defence Association and D ..read more
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5d ago
Engro Fertilizers Limited (EFERT) announced Ali Rathore’s appointment as its new Chief Executive Officer (CEO), effective April 26, 2024, for an 11-month term. The decision was approved by the company’s Board of Directors and shared in a notice to the Pakistan Stock Exchange (PSX).
Ali Rathore, who currently serves as the Chief Financial Officer (CFO) of Engro Fertilizers Limited, brings over 25 years of extensive experience in financial management and operations, with a career spanning across the USA, UK, Australia, and the MENA region.
His qualifications include an MBA from Kellogg ..read more
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5d ago
Google fires 28 workers after office sit-ins to protest cloud contract with Israel
Google has fired 28 employees involved in protests over the tech company’s cloud computing contract with the Israeli government, according to statements from the company and campaigners.
The workers held sit-ins at the company’s offices in California and New York over Google’s $1.2 billion contract to provide custom tools for Israeli’s military. They were fired on Wednesday evening after police earlier arrested nine people.
Google said “a small number of employee protesters entered and disrupted a few ..read more
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5d ago
PTCL Group, a leading telecom and ICT services provider in Pakistan, has reported a double-digit revenue growth of 14% for the quarter ending March 31, 2024. The revenue growth was driven by strong performance in the consumer segment, particularly in Fixed Broadband, Mobile Data, and Business Solutions. Despite the revenue growth, the Group posted a net loss of Rs 4.8 billion, which is 16% lower year-on-year.
PTCL continued its strong performance, achieving revenue of Rs 26 billion in Q1 2024, a 13% increase from the previous year. The company's Flash Fiber service, a Fiber-To-The-Home (FTT ..read more
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1w ago
Lahore: TCL, Pakistan’s No.1 LED TV Brand, is thrilled to announce the launch of its latest innovation in home entertainment, the UHD TV P755. Designed to deliver an immersive viewing experience like never before, the TCL P755 combines state-of-the-art technology with sleek design, setting new standards for picture quality, sound performance, and smart functionality.
Shop Now: https://bit.ly/38VQp6z
The TCL UHD TV P755 boasts a stunning 4K UHD resolution, providing viewers with crisp, lifelike images that bring every scene to life. With support for HDR 10+ and Dolby Vision, the P75 ..read more
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1w ago
Business community witnesses slight improvement in sentiments: Gallup Survey
Karachi, April 05: Largely pessimistic about the future, more of the country’s business owners now have developed a better perception of their businesses as the government of Prime Minister Shehbaz Sharif is trying to revive the cash-strapped economy.
A latest Gallup survey conducted in the first quarter this year finds that 47% of Pakistan’s businesses, especially those selling garments, commodities, stationery and gift items, perceive themselves to be in a bad or worse conditions. This shows ..read more
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2w ago
Google Cloud has appointed Noor Al-Sulaiti as head of security business development and government relations for the Middle East, Turkey and Africa region (META).
In this position Al-Sulaiti will be responsible for Google’s security expansion in the META regions, underscoring the growing importance of cybersecurity to the company.
She will foster strategic partnerships with the public sector to leverage Google Cloud’s cybersecurity solutions including Cybershield.
Al-Sulaiti said: "I am honoured to join Google Cloud, a company that has inspired me throughout my career. Google Cloud is cont ..read more
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2w ago
Sports in Pakistan Owns the Skies with Drone Acquisition
Karachi: Sports in Pakistan, acquired the cutting-edge drone light technology.
The drone light show technology is now under the exclusive ownership of an entertainment media subsidiary of Sports in Pakistan, signifying a significant step towards enhancing the country’s entertainment landscape.
The decision to bring the drones under the full custody of Sports in Pakistan reflects our unwavering commitment to fostering innovation and excellence within the entertainment industry in Pakistan.
These drone light shows have a ..read more