November 30, 2023 - News Feed

Gamer Pakistan Subsidiary K2 Gamer Announces Super Mega Pakistan Universities Esports Championship 2023-24

Posted November 30, 2023 by Web Desk

45-Day Event Expected to Attract Over 1,500 Student Gamers and Features 1 Million PKR Prize Pool HENDERSON, Nev., Nov. 30, 2023 (GLOBE NEWSWIRE) — Gamer Pakistan Inc. (NASDAQ: GPAK), an early-stage technology and esports company focused on game development and in-game AI community engagement, and organizing esports events in Pakistan,…

Careem Introduces Eco-friendly Rides in Dubai

Posted November 30, 2023 by Web Desk

Dubai, Careem, the popular ride-hailing service, has announced the launch of its Eco-friendly car type in Dubai, marking a significant step towards environmental sustainability in the region.According to Careem, for an additional AED 0.05 per kilometer, Eco-friendly rides aim to offset carbon emissions, offering a greener alternative without compromising on…

Pakistan Reports 2.1% GDP Growth in First Quarter FY24, Eyes 3.5% Annual Target

Posted November 30, 2023 by Web Desk

Karachi, Pakistan's economy has shown a notable recovery in the first quarter of the fiscal year 2024, with a GDP growth of 2.1%, marking a significant improvement from the previous year's figures. This upturn comes after a challenging period in FY23, where the GDP was revised down from an initial…

OGDC Briefs Analysts on FY23 Results, Outlines Future Strategies

Posted November 30, 2023 by Web Desk

Karachi, The Oil and Gas Development Company (OGDC) conducted an analyst briefing today to discuss its fiscal year 2023 results and future plans. Key highlights included significant milestones in the Bettani field, seismic survey achievements, and strategies to address production challenges and optimize assets.According to AKD Research, OGDC's notable achievements…

VIS Confirms High Corporate Governance Rating for Pakistan Kuwait Investment Company

Posted November 30, 2023 by Web Desk

Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed the Corporate Governance Rating of Pakistan Kuwait Investment Company (Private) Limited (PKIC) at 'CGR-9+', indicating a very high level of governance. This update follows the previous rating announced on December 15, 2022.According to VIS Credit Rating Company Limited, the PKIC, a…

COP28 creates fund to address climate disaster impact

Posted November 30, 2023 by Web Desk

The COP 28 climate Conference has formally approved the establishment of a Loss and Damage Fund aimed at addressing the impacts of climate disasters.This announcement was made by President of COP 28, Sultan Ahmed Al Jaber, during his address to the participants in Dubai on Thursday.He said COP28 Presidency is…

PM calls for utilizing Loss and Damage Fund on merit to address climate change issues

Posted November 30, 2023 by Web Desk

Caretaker Prime Minister Anwaar-ul-Haq Kakar has stressed the need to ensure utilization of Loss and Damage Fund on merit to cope with the challenges of climate change.In an interview with CNN on the sidelines of United Nations Framework Convention on Climate Change, he said the utilization of the Fund should…

Pakistan applauds swift operationalization of COP28 Loss and Damage Fund

Posted November 30, 2023 by Web Desk

Pakistan has applauded the historic achievement at COP28 as the Loss and Damage Fund sees swift operationalization with 575 million dollars pledged within the first hour of the conference's opening session in Dubai today.The pledge includes 225 million dollars committed by European Union. This momentous occasion follows Pakistan's crucial role…

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