February 2024 - News Feed

St Kitts and Nevis unveils the Investment Gateway Summit

Posted February 29, 2024 by Web Desk

Basseterre, Feb. 29, 2024 (GLOBE NEWSWIRE) — The Government of St Kitts and Nevis proudly announces a landmark achievement in its ongoing commitment to realising the Sustainable Island State Agenda. In a ground-breaking move, the nation unveils an unprecedented initiative aimed at fostering collaboration and investment to propel the twin-federation…

HEC, DAAD sign MoU for Afghan refugees under EFFAL initiative

Posted February 29, 2024 by Web Desk

Higher Education Commission (HEC) has signed an MoU with German Academic Exchange Service (DAAD) for HEC scholarship programme "Empower Future Female Afghan Leaders - EFFAL Pakistan track initiative." It includes 150 scholarships for Afghan refugees for two-year Master's studies in HEC-recognized universities in Pakistan. The signing ceremony was graced by…

Relief, rescue operations in rain-hit areas of Gwadar continue

Posted February 29, 2024 by Web Desk

In Balochistan, relief and rescue operations in rain-hit areas of Gwadar are continuing. According to details, fifty to sixty percent dewatering process has been completed so far in the affected areas. More than two hundred and fifty houses have been reportedly damaged till now while over 20 people have been…

Grant approved for Technology Parks in model colleges across country

Posted February 29, 2024 by Web Desk

Ministry of Federal Education, in collaboration with the Pakistan Software Technology Board has approved a grant to establish five state-of-the-art Technology Parks in model colleges across the country. The decision to establish these Technology Parks comes as part of the government's broader vision to promote technological advancement and equip students…

PDMA issues alert about rains, snowfall in different parts of KP from today

Posted February 29, 2024 by Web Desk

Khyber Pakhtunkhwa Provincial Disaster Management Authority (PDMA) has issued an alert about rains and snowfall in different parts of the province from today till Sunday. According to PDMA, all Deputy Commissioners have been advised to take precautionary measures to avoid any human and material losses during the forecast period. The…

Sindh CM declares rain emergency in province

Posted February 29, 2024 by Web Desk

Sindh Chief Minister Syed Murad Ali Shah has declared a rain emergency in the province. Chairing a meeting in Karachi today, provincial Chief Minister directed the concerned to remain high alert in wake of heavy rain forecast in the province. It was decided in the meeting that there will be…

Anti-polio campaign to begin in KP from Sunday

Posted February 29, 2024 by Web Desk

A week-long anti-polio campaign will begin in Khyber Pakhtunkhwa from Sunday. According to Emergency Operation Center Khyber Pakhtunkhwa, during the campaign more than seven million children up to five years of age will be administered anti-polio drops. About twenty-eight thousand teams have been constituted which will visit door to door…

Govt providing conducive environment to foreign investors in province: KP Governor

Posted February 29, 2024 by Web Desk

Governor Khyber Pakhtunkhwa Haji Ghulam Ali says the government is providing a conducive environment to foreign investors in the province. He was talking to a delegation of the German Association for Small and Medium Enterprises in Peshawar today. The German delegation expressed its willingness for investment in minerals, mining, tourism,…

WadzPay’s Dubai entity receives Virtual Asset Service Provider (VASP) Licence from Dubai’s Virtual Assets Regulatory Authority

Posted February 28, 2024 by Web Desk

Issuance of licence is subject to meeting pre-operating requirements and qualifications for operational approval WadzPay’s Dubai Entity Receives VASP Licence from VARA WadzPay’s Dubai Entity Granted VASP Licence. Poised to Revolutionize Virtual Asset Transactions in Middle East. DUBAI, United Arab Emirates, Feb. 28, 2024 (GLOBE NEWSWIRE) — WPME Technology, the…

NBP Pakistan Growth ETF Shows Minimal Movement

Posted February 28, 2024 by Web Desk

Karachi, The NBP Pakistan Growth ETF (NBPGETF) reported a stable rate of Rs. 14.00 in January 2024. With a fund size of Rs. 74.880 million and a distribution of 4.80%, it saw a modest trading volume of 4,000, reaching a monthly high of Rs. 14.55 and a...

First Capital Securities Reports Financial Activity

Posted February 28, 2024 by Web Desk

Karachi, First Capital Securities Corp. Ltd (FCSC) reported a decrease in its financial performance for the year ending June 2023, with an EPS of 0.23 rupees. The company, which did not declare any dividends for the period, saw its shares fluctuate be...

Alfalah Consumer Index ETF Records Steady Performance in January 2024

Posted February 28, 2024 by Web Desk

Karachi, The Alfalah Consumer Index ETF (ACIETF) showed consistent performance in January 2024, with today's rate standing at Rs. 9.75, equal to its daily weighted average rate. The ETF, with a fund size of Rs. 41.216 million, reached a high of Rs. 10...