Thursday, May 22nd, 2025
JS Investments, Gohar Developers to launch “JS Hotel REIT” in Hyderabad
KARACHI, May 22 (APP/DNA):JS Investments Limited (JSIL), Pakistan’s oldest private sector Asset Management and REIT Management Company licensed by the Securities and Exchange Commission of Pakistan (SECP), has partnered with Gohar Group of Companies, a leading real estate group, to officially launch JS Hotel REIT (JSHR), Pakistan’s first Shariah-compliant hybrid hotel REIT featuring a multinational, globally renowned hotel brand in Hyderabad, Sindh. The fund is now open for investments from both local and international accredited investors. Interested individuals and institutions can reach out to JS Investments to explore participation FollowingRead More
Pakistan needs world community’s support as frontline state fighting against terrorism: Amb. Sheikh
WASHINGTON, MAY 22 (APP/DNA):Pakistan continues to be the frontline state in the global combat against terrorism, Ambassador Rizwan Saeed Sheikh said at a dialogue held at the Pakistani embassy in Washington on Wednesday. The dialogue, titled ‘Regional Dynamics Covering Afghanistan,’ brought together diplomats, security experts, and academics to discuss the evolving geopolitical landscape of South Asia and its broader implications, according to a press release issued by the Pakistani embassy. Attending were military attaches from the Washington Association of Military Attaches (WAMA), embassy officials, regional security analysts, and scholars withRead More
Romanian Ambassador during Sialkot visit discusses to enhance ties with officials
ISLAMABAD, May 22 (APP/DNA):Romania Ambassador to Pakistan Dr. Dan Stoenescu, on Thursday visited Sialkot and met Deputy Commissioner Saba Asghar Ali, Deputy Commissioner and discussed to enhance cooperation and mutual understanding between Romania and Pakistan in region. The officials discussed potential areas of collaboration and explored ways to foster stronger ties between the two nations. The visit was attended by key members of the Pakistan-Romania Business Council (PRBC), including Sohail Shamim Firpo, Chairman, Atif Farooqi, Advisor and COO, and Ahmad Ikram Lone, President of the North Chapter. The meeting markedRead More
Put Your Faith in the Prime Minister for the Betterment of the Auto Industry regarding Tariff issues, Says Special Assistant to PM
ISLAMABAD: MAY 22 (DNA):A high-level meeting was held under the chairmanship of Special Assistant to the Prime Minister, Haroon Akhtar Khan, to discuss tariff issues related to the auto parts industry. The meeting brought together representatives from PAAPAM (Pakistan Automotive Parts and Accessories Manufacturers), officials from the Federal Board of Revenue (FBR), the Engineering Development Board, the Secretary of the Ministry of Industries and Production, Saif Anjum, and Secretary Commerce Jawad Paul. During the meeting, Haroon Akhtar Khan emphasized that the grievances of the auto parts industry would be formallyRead More
When will Eid ul Adha take place in Pakistan?
KARACHI, MAY 22 (DNA): Eid ul Adha is expected to fall on June 7, according to a prediction by the Pakistan Space and Upper Atmosphere Research Commission (Suparco). The space agency said that the first of Zil Hajj — the final month in the Islamic lunar calendar — is likely to be observed on May 29, depending on the official moon sighting. This projection places Eid ul Adha on Saturday, June 7. Suparco revealed that the Zil Hajj moon will be born on May 27 at 8:02pm, but its ageRead More
Innovation, industrial productivity key to sustainable economic growth: Ahsan Iqbal
ISLAMABAD, May 22 (APP/DNA):Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Thursday stressed that innovation and industrial productivity were essential drivers of sustainable economic growth of any country. The minister, addressing the 17th All Pakistan Chambers Presidents Conference here, also called for an urgent need to strengthen Pakistan’s export sector, praising the quality of Pakistani products. “Despite the high quality of our products, our export volume remains low,” he said. “The individuals who generate foreign exchange are the true earning power of Pakistan’s economy.” The minister stressed theRead More