February 24, 2024
PAKISTAN

Funds are required before Faisalabad have “eyes in the sky”

FAISALABAD: Lack of funding has caused the secure city project for surveillance in Faisalabad, Pakistan’s third largest city, to stall. The project was started in May 2017 and was expected to take a year to finish, costing an estimated Rs157 million. Despite the five-year gap, it is still unfinished as the government has only allocated […]

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Business

For first time since 2000, bike production in Pakistan declines

LAHORE: Regardless of economic ups and downs, motorcycle production and sales have remained strong, increasing from about 100,000 bikes in 1999-2000 to 2.6 million in 2021-22. However, 2022–2023 may mark the first fiscal year since 2000 when bike production declines significantly. Is the bike drop a sign of Pakistan’s greatest economic downturn? The sharp increase […]

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Entertainment

Rahat Fateh Ali Khan turns 48 years old

Today is Rahat Fateh Ali Khan’s 48th birthday in Pakistan, where he is well-known (Friday).Khan, also known as “the king of melodious voice,” was raised in Faisalabad by a Punjabi family of Qawwals and classical singers. He is the son of Farrukh Fateh Ali Khan, the grandson of Fateh Ali Khan, and the nephew of […]

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PAKISTAN

Protesters block Pak-Iran highway and call for arrest of murderers

Chagai: On Friday, a dead man’s heirs blocked the major highway that connects Pakistan and Iran, causing a back-up of cars, trucks, and other vehicles on the busy thoroughfare. Sanaullah Notezai’s relatives gathered on the international highway connecting the two nations and began protesting the killing after he was killed in Dalbandin on Thursday night. […]

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Entertainment

Faryal Mehmood will play lead in a movie on Qandeel Baloch

Iram Parveen Bilal provided another another reason for Pakistan to feel proud of its creatives just before 2022, the year that has been magnificent for Pakistani filmmakers and artists, comes to an end. According to Variety, the I’ll Meet You There filmmaker has finished filming her latest movie, Wakhri, in Pakistan (One of a Kind). […]

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PAKISTAN

PM Shehbaz: Mangla Dam is symbol of Pakistan’s and its connections to US

MANGLA: The Mangla Dam hydropower project, according to prime minister Shehbaz Sharif, is a monument to the friendly relations between Pakistan and the United States.The Mangla hydel power station’s Units 5 and 6 had renovations and refurbishments that were funded by the US, and PM Shehbaz officially opened those projects. The prime minister stressed the […]

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Business

Pakistan’s Cotton Production Continues to Fall Dramatically

According to the most recent biweekly data, which the Pakistan Cotton Ginner’s Association (PCGA) issued on Monday, Pakistan’s cotton production fell by more than 40% year over year (YoY). As of December 1, 2022, Pakistan received 4.281 million bales of cotton production overall, down from 7.168 million bales at the same period in the previous […]

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International

Desi Twitter is incensed by the British version of chicken korma

Desi After viewing a recipe for Chicken Korma provided by Tasty UK, a page that shares recipes for international cuisines, Twitter lost its cool. Chicken korma, which is well-known in both Pakistan and India, has its own recipe that is unique to the UK. The recipe begins by putting sliced onions in a pan, then […]

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Sport

Irshad Ali of Pakistan wins gold medal in 2022 South Asian Karate Championship

COLOMBO: A Pakistani participant took home the gold medal at the South Asian Karate Championship in Colombo, the capital of Sri Lanka. Ali put on an incredible performance to defeat his Indian rival and win the U-21 division title. Throughout this competition, he also won a gold in a different category. Saifullah won a gold […]

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Business

CDS for Pakistan falls to 71%

KARACHI: According to statistics supplied by a brokerage business, Pakistan’s  benchmark five-year CDS fell a staggering 5,224 basis points to 71.64% on November 22. Arif Habib Limited computed these numbers (AHL). Over the course of the weekend, the cost of covering exposure to Pakistan’s five-year sovereign debt increased by 1,224 basis points, reaching its highest-ever […]

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