Author: Faiza Liaquat

Pakistan’s exports to the Middle East witnessed a robust 28.98% increase to $1.257 billion in the initial five months of the fiscal year, driven by strategic product diversification and a notable free trade agreement with the Gulf Cooperation Council. This surge, notably in key markets like the UAE and Saudi Arabia, signals positive economic prospects and underscores Pakistan’s adaptability in global trade dynamics.

Punjab’s Transport Minister, Ibrahim Hassan, launches a plan to distribute 200,000 discounted electric bikes to students, supported by a comprehensive EV charging infrastructure and a financing scheme in collaboration with the Bank of Punjab, aimed at fostering sustainable transportation and combating smog.

The Organic Meat Company Limited (TOMCL) greenlights a Rs. 600 million investment to expand its production facilities, anticipating increased demand for frozen beef exports in key markets like UAE, Saudi Arabia, CIS, Iraq, and China. The move aims to fortify TOMCL’s global market presence and create value for shareholders with an additional Rs. 150 million investment.

At the Colombo Book Fair, Chandana Wijekoon’s “Ali Jinnah, Silver Voice of Asia” sold 6,000 copies, showcasing global interest in Quaid-e-Azam’s legacy and leadership. The title underscores Jinnah’s enduring impact on a cross-cultural audience.

Engro Corporation invites applicants to explore varied job roles in Pakistan, emphasizing education, experience, and skills alignment. Submit your resume and essential documents through the specified application process to be part of Engro’s dynamic and innovative work environment.

The Pakistani rupee extended its winning streak against the US Dollar, opening at 281, reaching an intraday high of 278, and closing at 282.37. The positive momentum is attributed to State Bank of Pakistan’s stability efforts and a new method for calculating exchange rates for major currencies.

The IST Summer Internship in Austria 2024 invites global bachelor’s and master’s students for a fully funded research experience in diverse fields, fostering collaboration with international researchers amidst Austria’s cultural splendor. Gain hands-on expertise and explore the beauty of this unique opportunity.

Pak Suzuki, in partnership with Meezan Bank, presents a unique Islamic financing offer, allowing customers to own cars without interest and enjoy substantial savings, free maintenance, and priority delivery. This initiative reflects their commitment to ethical and accessible car ownership solutions.

Team In Flames triumphs at the Red Sea International Film Festival, winning Best Competition Film for “In Flames,” a psychological thriller exploring a mother-daughter bond against dark forces in Karachi. The acclaimed film is also Pakistan’s official entry for the Academy Awards.

Kickstart in Pakistan receives a Rs. 200 million investment from Vital Group, enabling the expansion of its co-working space in Karachi and the introduction of a revenue-sharing model to enhance rental yields for property owners. This move caters to the rising demand for flexible workspaces in the country.