In a noteworthy development, the World Bank is contemplating the provision of an additional $72 million in financing for the Sindh Barrages Project. This potential injection of funds underscores the significance of the project and aims to support its continued progress and success. The Sindh Barrages Project, with its strategic importance in water resource management…
Leading international and local experts in the energy, power, infrastructure, risk management, and insurance sectors are set to gather for the groundbreaking Energy Summit 2024, hosted by Fidelity Insurance Brokers/Lockton in Karachi on March 5. The summit aims to promote dialogue, knowledge sharing, and networking, addressing key challenges and opportunities in the energy and insurance…
The Department of Mathematics at LUMS has been designated as the Emerging Regional Centre of Excellence (ERCE) for its significant contributions to the promotion of mathematics in the region. This recognition has been conferred by the Commission of Developing Countries of the European Mathematical Sciences, acknowledging LUMS as a leading institution in fostering mathematical education…
The International Baccalaureate (IB), in collaboration with the Association of IB World Schools in Pakistan (IBPAK), hosted the IB Day Pakistan, an event that marked a significant leap towards advancing high-quality global education in the region. IB’s regional gathering on 24 February 2024 at Avari Hotel, Lahore, introduced Dr Shehzad Jeeva who joined the IB…
In a notable achievement, the Pakistani IT delegation showcased exceptional prowess and innovation at the Web Summit Qatar 2024. This event provided a platform for Pakistan’s tech experts to exhibit their capabilities, fostering a positive image of the country’s Information Technology sector on an international stage. Key Highlights of Pakistani IT Delegation’s Success at Web…
The Caretaker Cabinet has granted approval to a significant gas pipeline project with Iran, signaling a pivotal development in bilateral cooperation. This decision, greenlit by the interim government, underscores the strategic importance of fostering energy ties between Pakistan and Iran. Key Aspects of the Gas Pipeline Project Approval: Bilateral Collaboration: The approval reflects a commitment…
Nestlé Pakistan ended the year on a positive note, with an increase of 23.4% in its revenue as compared to FY 2022. The results were shared after the Board of Directors’ meeting at the Company’s Head Office. Despite several external challenges, a focus on innovation and renovation and ensuring product availability, supported by investments behind…
Lahore Qalandar’s performance in the ongoing Pakistan Super League (PSL) season 9, has been under scrutiny as fans and cricket enthusiasts eagerly await the team’s fate in the play-offs. Despite facing some challenges, Lahore Qalandar still has a chance to secure a spot in the coveted play-off stage. The team’s journey in PSL 9 has…
In a notable financial development, Pakistan Petroleum Limited (PPL) has witnessed a robust growth in profits, marking a significant 41% increase during the initial half of the fiscal year 2024. This positive financial performance underscores the company’s resilience and effective operational strategies amid dynamic market conditions. The substantial growth in Pakistan Petroleum’s profits is attributed…
Pakistani cellular company, Ufone 4G continues its legacy of fulfilling the evolving telecommunication needs of all customer segments by introducing an affordable international data roaming bucket for Spain to facilitate Pakistani delegates attending the Mobile World Congress (MWC) 2024 in Barcelona later this month. The Mobile World Congress (MWC) is an annual event serving as…
