Author: Ashir Awan

The Pakistan Stock Exchange (PSX) achieved a significant milestone on Wednesday, with the KSE-100 Index briefly soaring past the 86,000-point threshold. This surge was largely driven by robust buying activity in energy, cement, and other major sectors that heavily influence the index. Bullish Momentum Fueled by Inflation Optimism The continued upward trend in the stock market is a reflection of growing optimism among investors, particularly due to the larger-than-expected drop in inflation. Market experts believe that this has raised hopes for potential cuts in the policy rate during upcoming meetings of the Monetary Policy Committee (MPC). This positive sentiment has…

Faysal Bank Limited (FBL), a leading Islamic bank in Pakistan, has signed a significant Memorandum of Understanding (MOU) with The Citizens Foundation (TCF) to promote financial literacy among students across the country. The partnership, sealed at a formal ceremony held at FBL’s Head Office, marks an important step towards empowering the youth with essential financial knowledge and skills. Strengthening Financial Education The agreement was signed by Mr. Isfandyar Inayat, Vice President of Development at TCF, and Ms. Farah Asim, Head of Corporate Affairs at FBL. The collaboration aims to provide students from TCF schools with structured financial literacy sessions, equipping…

The Federal Government is gearing up to finalize approximately 30 investment agreements with a high-profile Saudi delegation arriving in Pakistan today. According to sources within the Ministry of Commerce, these agreements are part of a broader effort to strengthen economic cooperation and attract foreign investments into key sectors of Pakistan’s economy. Strengthening Bilateral Economic Ties This visit by the Saudi delegation highlights the deepening relationship between the two nations, with both countries keen on expanding their economic cooperation. The agreements, covering a wide range of sectors, are expected to bring a significant boost to Pakistan’s economy by attracting much-needed foreign…

The Islamabad Police Department has officially announced job openings for two crucial roles: Citizen Support Response Agents (CSSRA) and Electrical Technicians. This recruitment drive is part of the department’s ongoing efforts to enhance the efficiency and effectiveness of its services. Citizen Support Response Agents (CSSRA) The CSSRA role is designed to improve public engagement by offering quick and responsive support to citizens. Applicants will be responsible for addressing public inquiries, managing emergency responses, and providing necessary assistance. This initiative is in line with the department’s mission to enhance communication and foster trust between law enforcement and the public. Electrical Technicians…

In light of the upcoming Shanghai Cooperation Organization (SCO) summit, the federal government has declared an extended break for schools across the country. Educational institutions will remain closed from October 12 to October 16 as part of the security arrangements for the high-profile event. Five-Day Break for Students The decision gives students a rare five-day holiday. Schools were already scheduled to close on Saturday, October 12, and Sunday, October 13. With the addition of Monday, Tuesday, and Wednesday (October 14-16) to the holiday schedule, students and teachers alike will enjoy a longer break than usual. Security Measures for the Summit…

Shehroze Kashif has achieved an extraordinary feat by becoming the youngest Pakistani climber to summit all 14 of the world’s highest peaks, known as the ‘8,000ers.’ This group of mountains, each towering over 8,000 meters, includes some of the most dangerous and challenging climbs on Earth. A Journey of Determination and Courage At just 22 years old, Shehroze has shown unparalleled determination, having dedicated years of rigorous training and preparation to achieve this remarkable milestone. His journey to the top of the world’s tallest peaks began at a young age, and his passion for mountaineering has only grown stronger with…

Olympian Mahoor Shahzad has once again showcased her unmatched dedication and skill by winning the National Championship title for the eighth consecutive time. This triumph is especially remarkable, as it comes just months after the birth of her daughter. Competing Against the Odds In an interview with Geo News, Mahoor shared that doctors had advised her to refrain from training for four months following her recent childbirth. However, her determination to defend her title motivated her to compete. “The National Championship happens only once a year, and I couldn’t miss the opportunity. Despite the challenges, I was committed to competing,”…

In a thrilling showdown at the International Championship in Kathmandu, Nepal, 29-year-old Pakistani wrestler Ather Zahid emerged victorious, defeating Indian wrestler Singham Dubey in a highly anticipated match. Zahid’s remarkable performance not only secured him the championship title but also marked a significant achievement in his wrestling career. A Display of Skill and Determination Throughout the competition, Zahid demonstrated exceptional skill, resilience, and a fighting spirit that kept the audience captivated. His victory was decisive, as he outmaneuvered Dubey with his signature wrestling techniques. Reflecting on his win, Zahid proudly stated, “I’m bringing the International Championship title home to Pakistan,”…

The KP Digital Internship Program, a leading initiative by the Khyber Pakhtunkhwa Information Technology Board (KPITB), presents an invaluable opportunity for 150 university graduates each year. This program is designed specifically for graduates in Computer Science (CS) and Information and Communication Technology (ICT) from universities across Khyber Pakhtunkhwa, aiming to equip them with essential skills and professional experience. Building a Skilled Workforce The program’s primary objective is to develop young talent into highly skilled professionals. Through hands-on experience, participants are empowered to enhance their knowledge, making them more competitive in the job market. By focusing on real-world skills, the internship…

Wafi Energy Holding Limited has successfully acquired an 11.29% stake in Shell Pakistan Limited (SPL), as reported by Arif Habib Limited (AHL), the manager overseeing the offer. This strategic move was confirmed in AHL’s final transaction report, released on Tuesday, marking a noteworthy development in the energy sector. Details of the Acquisition The acquisition consists of purchasing 24.162 million shares, representing 11.29% of Shell Pakistan’s total issued and paid-up share capital. The transaction was completed at a price of Rs. 155.11 per share, underscoring the value and potential Wafi Energy sees in SPL’s future growth and performance. Wafi Energy’s Expansion…