Friday, May 27th, 2022
PM unfurls hefty relief incentives
incentives Blames Imran Khan for all woes; promises a bright future; announces to mend fences with friends; declares Indian decision on occupied Kashmir stumbling block in the way of normal ties Special Correspondent ISLAMABAD: Prime Minister Shehbaz Sharif has announced a hefty package of 80 billion rupees for the needy people. He said this amount shall be distributed thru BISP. He also announced to reduce flour prices. Surprisingly the Prime Minister did not mention anything about the tenure of the government. There were reports that he will announce that hisRead More
Akhtar Munir appointed as MD APP
ISLAMABAD, May 27: The Press Secretary and Adviser to the President on Information Akhtar Munir has been appointed as Managing Director of the Associated Press of Pakistan Corporation. In a notification issued here by the Ministry of Information and Broadcasting on Friday, the Press Secretary of BS-20 was transferred and appointed as MD Associated Press of Pakistan in lieu off Mubashir Hasan on standard terms and conditions of deputation till his date of superannuation that is 09-06-24.
IFC Invests in Pakistan’s Key Fashion Retail Sector
Karachi, Pakistan, May 27: IFC is investing in Pakistan’s top fashion retailer to create jobs, promote gender equality, and support the country’s crucial textiles sector post-pandemic. IFC will invest the equivalent of $25 million in Pakistani rupees for a minority stake in Khaadi Corporation, which has 57 retail outlets spread across Pakistan and presence in UK and GCC countries. The funding will help the company accelerate its growth by expanding its retail footprint and online global sales. It will also indirectly support the retailer’s suppliers in Pakistan, many of whomRead More
Naveed Qamar hails Germany’s support to Pakistan for GSP-Plus
ISLAMABAD, Federal Minister for Commerce, Syed Naveed Qamar on Friday hailed Germany for its continued support to Pakistan for the ongoing Generalised Scheme of Preferences (GSP Plus). Federal Minister for Commerce and Investment Syed Naveed Qamar is on an official visit to Berlin as a part of his EU Outreach mission. He visited the German Federal Foreign Office, where he was received by Minister of State for Foreign Affairs Dr. Tobias Lindner, according to a press release issued here. Minister of State extended a warm welcome to the Commerce MinisterRead More
Brotherhood, Tolerance Day observed across the country
ISLAMABAD: /DNA/ – In Friday sermons all over Pakistan, Ulemas-Mashaykh, Imams, Zakirs and religious scholars spoke about the promotion of peace and harmony and for the elimination of violent attitudes and any action that could lead to riots in the country. The religious scholars said that it is very clear and it should be kept in mind that only internal stability and unity of Pakistan can take the country forward. People of different views and believers of different faith and religious sects live in Pakistan. Tolerating one another and creating aRead More
UEFA: No matches between teams from Ukraine and Belarus
Teams from Ukraine and Belarus will not be drawn against each other in UEFA competitions until further notice, Europe’s governing football body said on Friday. UEFA said its executive committee made the decision “to ensure the smooth running of UEFA competitions as the safety and security of the teams, officials and other participants may not be fully guaranteed due to the existence of a military conflict.” Belarus has been sanctioned for its support in some areas of Russia’s invasion of Ukraine. Friday’s decision comes on top of one from March which said that Belarusian teams can’t play in their home countryRead More