June 2023 - Page 14 of 46

PCB Management Committee Led by Najam Sethi Stands Dissolved

Posted June 22, 2023 by Web Desk

The Pakistan Cricket Board is in receipt of letter and notification dated 20 June from the Inter-Provincial Coordination (IPC) Ministry that states: “On completion of the tenure, the Management Committee of PCB stands dissolved, ceases to operate”.Accordingly, the Election Commissioner, Ahmed Shehzad Farooq Rana, who is also the Acting Chair…

UAE and India to Sign Rupee-Dirham Trade Agreement Soon

Posted June 22, 2023 by Web Desk

The central banks of the UAE and India are making great progress in talks about trading in dirham and rupee. They are expected to finalize an agreement soon. The goal is to reduce transaction costs and boost two-way trade between the countries.They want to more than double their non-oil trade…

SBP Reserves Plunge to $3.5 Billion Due to Debt Repayment

Posted June 22, 2023 by Web Desk

The foreign exchange reserves held by the central bank decreased by almost half a billion dollars on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday.On June 16, the foreign currency reserves held by the SBP were recorded at $3.537 billion, down $482…

Price of Gold in Pakistan Decreases Once Again

Posted June 22, 2023 by Web Desk

The price of gold in Pakistan fell for the fourth straight day during the week on Thursday to settle at Rs. 218,500 per tola.According to the data released by All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold (24 carats) decreased by Rs. 200 per tola to Rs.…

Pakistan, Turkiye agree to collaborate for joint production of military hardware

Posted June 22, 2023 by Web Desk

Pakistan and Turkiye have agreed to collaborate for joint production of military hardware with special focus on fifth-generation aircraft and unmanned aerial platforms.This understanding came during a meeting between a delegation led by Commander Turkish Air Force General Atilla Gulan and Air Chief Marshal Zaheer Ahmed Baber Sidhu in Islamabad…

Govt Surprisingly Extends Eid-ul-Adha Holidays

Posted June 22, 2023 by Web Desk

The federal government has decided to extend the Eid-ul-Adha holidays after drawing criticism from the public over announcing a short break for Eid celebrations.According to the latest development, the government has granted an additional day off on Wednesday 28 June, making it a five-day break, including the weekend, for Eid-ul-Adha.In…

Negotiations with China Over ML-1 Railway Project at Final Stage

Posted June 22, 2023 by Web Desk

To modernize the Pakistan Railway system under China Pakistan Economic Corridor (CPEC), the Main Line-1 (ML-1) project is in final negotiation. This project will help in the upgradation and dualization of 1,733 km of railway track from Peshawar to Karachi.To mark the 10-year celebrations of China Pakistan Economic Corridor (CPEC)…

Zoom Scheduler, now generally available, allows users to align calendars with clients and contacts quickly and easily

Posted June 21, 2023 by Web Desk

Zoom extends free signup period for Zoom Scheduler to July 20 SAN JOSE, Calif., June 21, 2023 (GLOBE NEWSWIRE) — Today, Zoom announced general availability for its new Zoom Scheduler tool and the extension of the free signup period. Zoom Scheduler makes finding the perfect meeting time easier by sharing…

James Absalom Elevated to Chief Commercial Officer – International at ZRG

Posted June 21, 2023 by Web Desk

LONDON and NEW YORK, June 21, 2023 (GLOBE NEWSWIRE) — ZRG Partners, a leading global talent firm backed by private equity firm RFE Investment Partners, today announced the promotion of London-based executive James Absalom to the position of Chief Commercial Officer – International. Absalom became part of ZRG when his…

SBP Allows EMIs to Provide Remittances Services to Customers

Posted June 21, 2023 by Web Desk

The State Bank of Pakistan (SBP) has allowed Electronic Money Institutions (EMIs) or fintech operators to offer cross-border e-money products/services, for inward remittances or payment through cards, involving the outflow of foreign exchange.The banking regulator expanded the scope of work for EMIs in its revised regulations which empower the fintech…

Ahsan Ramzan Brings Home First-Ever Asian U21 Snooker Title

Posted June 21, 2023 by Web Desk

Ahsan Ramzan scripted an unforgettable victory to become Pakistan’s first Asian U21 snooker champion.Ahsan Ramzan has carved his name in the history books as the first-ever Pakistani to secure the coveted Asian U21 Snooker Championship title. The thrilling final saw Ramzan outshine his opponent, Milad Pourali Darehchi of Iran, with…

Usman Qamar Makes Pakistan Proud With Gold Medal at Special Olympics

Posted June 21, 2023 by Web Desk

Pakistan carried the day at Special Olympics World Games as Usman Qamar claimed a gold medal in cycling.In a remarkable display of skill and determination, Pakistan’s Usman Qamar has clinched the gold medal in the cycling event at the prestigious Special Olympics World Games in Berlin. Competing for the first…

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