Monday, May 9th, 2022
President Alvi ‘strongly rejects’ PM’s advice to remove Punjab governor
ISLAMABAD: President Dr Arif Alvi on Monday rejected Prime Minister Shehbaz Sharif’s advice to remove Punjab Governor Omar Sarfraz Cheema from his office. “The president further highlighted that he was committed to stand by the provisions of the Constitution of Pakistan in these difficult times and strongly rejected the advice of the prime minister to remove the Punjab governor,” said the press release from the President’s Secretariat. In the first summary PM Shehbaz sent to the president on April 17, he had recommended the name of PPP’s Makhdoom Ahmad MahmoodRead More
Morocco to host global coalition meeting on 11th
DNA RABAT: Morocco will host on May 11th, 2022, the Ministerial Meeting of the Global Coalition to defeat ISIS, at the joint invitation of Minister of Foreign Affairs, African Cooperation and Moroccan Expatriates, Mr. Nasser Bourita, and U.S. Secretary of State, Mr. Antony Blinken. The Marrakech meeting is another step in the pursuit of international commitment and coordination in the fight against Daesh, with a particular focus on the African continent as well as the evolution of the terrorist threat in the Middle East and other regions. During this meeting,Read More
272 start-ups graduated from NICs: IT Minister
ISLAMABAD, MAY 9 /DNA/ – Federal Minister for IT and Telecommunication Syed Amin Ul Haque has said that 272 start-ups have graduated from Ignite’s National Incubation Centres (NICs) with a total investment commitment of Rs 8 billion and cumulative revenue of Rs 3 billion, while these nascent companies have created more than 100 thousand new jobs in last 3 and half years.The Federal Minister stated this while speaking as Chief Guest on the occasion of “Acceleration Program for Women Entrepreneurs Showcase Event” here on Monday. Under this Program, nine women entrepreneursRead More
FM Bilawal lauds China’s initiative to launch GDI
ISLAMABAD /DNA/ – Foreign Minister Bilawal Bhutto Zardari addressed the High-Level Meeting of the Group of Friends of the Global Development Initiative (GDI), held in virtual format in New York today. In his video address, the Foreign Minister appreciated China’s initiative to launch GDI and termed it a useful platform to accelerate and coordinate efforts for implementing the globally agreed Sustainable Development Goals (SDGs). Recalling the multiple crises posed by the COVID-19 pandemic, climate change and geo-political developments, with disproportionate and devastating impacts on the Global South, the Foreign Minister expressed deepRead More
District Jail releases MNA Rashid Shafique
By Faisal Munir / DNAATTOCK: Former Interior Minister Sheikh Rashid Ahmed’s nephew MNARashid Shafique on Monday was released from the district jail on bail. According to details, Sheikh Rashid Shafique, arrested inMasjid-e-Nabawi incident, has been released by the Fateh Jang court ona bond of Rs.100,000. Rashid Shafiq was greeted by a number of friends, lawyers and workersoutside District Jail Attock, who greeted him by throwing flowerpetals. Talking to media he said that he was arrested and kept in differentpolice stations in Attock and also blindfolded like terrorists. But still IRead More
Confidence in RMB to rebound despite COVID-19: Pakistani experts
BEIJING, May 9 (DNA): Pakistani experts believe that depreciation burdens on RMB have reduced due to more robust economic growth and rising foreign exchange reserves in China, while the current devaluation is due to the latest pandemic outbreak in different key cities of China. Shan Saeed, Chief Economist at Juwai IQI told China Economic Net that in the last 37 days, RMB has depreciated 4% against USD, and western media continue to feel worried about its outlook. With $3.2 trillion of foreign reserves, macroeconomic stability in China is comingRead More