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World Bank intends to approve a $240 million water and sanitation project in Karachi: report – Trendy Blogger

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World Bank intends to approve a 0 million water and sanitation project in Karachi: report – Trendy Blogger

The World Bank Board of Executive Directors is preparing to approve the second Karachi Water and Sanitation Services Improvement Project (KWSSIP-2) on Thursday. According to a $240 million report by Business Recorder, the project aims to provide safe water and sanitation services in Karachi while improving the financial and operational performance of the Karachi Water … Read more

Foreign investors withdraw $36.58 million from Pakistani treasury bills within one week after the yield was reduced – Trendy Blogger

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Foreign investors withdraw .58 million from Pakistani treasury bills within one week after the yield was reduced – Trendy Blogger

Foreign investors withdrew a whopping $36.58 million from Pakistan Treasury Bills (T-Bills) during the week ending November 22, 2024, according to data released by the State Bank of Pakistan (SBP). This represents one of the largest weekly inflows of treasury bills in recent months, underscoring the decline in foreign interest in Pakistan’s debt market. The … Read more

rupee. A $600 million budget has been approved for Ignite to boost IT projects – Trendy Blogger

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rupee. A 0 million budget has been approved for Ignite to boost IT projects – Trendy Blogger

Islamabad: Minister of State for ICT Shatha Fatima Khawaja chaired the 45th R&D Fund Policy Committee meeting on Monday where Rs. A budget of $599.29 million has been approved for Ignite for the second quarter of fiscal year 2024-2025. The meeting was attended by IT Secretary Zarar Hashim Khan, ICT Department Special Secretary Azfar Mansoor … Read more

JPMorgan drops $162 million lawsuit against Tesla stock deal – Trendy Blogger

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JPMorgan drops 2 million lawsuit against Tesla stock deal – Trendy Blogger

JP Morgan Chase & Co. agreed. to drop its lawsuit against Tesla Inc. Valued at $162 million after a three-year legal dispute over stock guarantees. The two companies announced the decision on Friday in a lawsuit in Manhattan, where they agreed to dismiss their claims against each other without the option of refiling the lawsuit. … Read more

SBP shuts down NBP branch over fake notes worth Rs. 2 million – Trendy Blogger

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SBP shuts down NBP branch over fake notes worth Rs. 2 million – Trendy Blogger

Hafizabad: The State Bank of Pakistan (SBP) has closed the Hafizabad branch of the National Bank of Pakistan (NBP) after counterfeit notes totaling Rs. 2 million found. The counterfeit currency was deposited through a private bank, raising major concerns about oversight of banking procedures. As a result of this serious error, the SBP imposed Rs. … Read more

TRG is selling 3.56 million shares of IBEX stock in a deal valued at $70 million – Trendy Blogger

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TRG is selling 3.56 million shares of IBEX stock in a deal valued at million – Trendy Blogger

TRG Pakistan Limited announced that its partner, The Resource Group International Limited (TRGI), has finalized a definitive agreement with IBEX Limited, its Nasdaq-listed portfolio company. As part of the agreement, IBEX repurchased approximately 3.56 million of its shares from TRGI for a total transaction value of $70 million. TRG Pakistan Limited informed the Pakistan Stock … Read more

Pakistan receives a $500 million loan from the Asian Development Bank for climate resilience projects – Trendy Blogger

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Pakistan receives a 0 million loan from the Asian Development Bank for climate resilience projects – Trendy Blogger

ISLAMABAD: Pakistan and the Asian Development Bank (ADB) on Tuesday signed a $500 million loan agreement for the Climate and Disaster Resilience Enhancement Program (CDREP) to strengthen the country’s resilience in the face of disasters caused by natural hazards and the impacts of environmental crises. The program aims to strengthen Pakistan’s institutional capacity for planning, … Read more

The sequel opens to $87 million internationally trendy blogger

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The sequel opens to million internationally trendy blogger

“Gladiator II” entered the global box office with $87 million from 63 markets, a strong start to the quarter-century sequel to “Gladiator,” directed by Ridley Scott, who won the 2000 Best Picture award. This marks the biggest R-rated international opening weekend for Paramount Pictures as well as the best overseas debut for Scott, whose highest-grossing … Read more

Twitch faces a 2 million lira penalty in Türkiye – Trendy Blogger

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Twitch faces a 2 million lira penalty in Türkiye – Trendy Blogger

Amazon’s gaming platform Twitch has been fined 2 million liras ($58,000) by Turkey’s Personal Data Protection Board (KVKK) over a data breach, Anadolu reported on Saturday. The breach, which affected 35,274 individuals in Türkiye, involved a 125GB data leak. KVKK determined that Twitch failed to conduct adequate risk and threat assessments, did not implement appropriate … Read more

Pakistan expands BISP program with approval of $330 million loan – Trendy Blogger

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Pakistan expands BISP program with approval of 0 million loan – Trendy Blogger

ISLAMABAD: The cash-strapped federal government has approved a $330 million (Rs92 billion) loan for Benazir Income Support Program (BISP) beneficiaries. This approval coincides with the International Monetary Fund’s renewed emphasis on transferring responsibility for social protection to the most financially stable governorates. The Central Development Working Party (CDWP), headed by Planning Minister Ahsan Iqbal, has … Read more