Faisal Movers’ operations have been suspended for 30 days by the National Highways and Highways Police (NHMP), Northern Highway Region, following a tragic accident on 30 December 2024. The accident killed 11 people and injured 14 others, prompting NHMP to impose strict penalties for safety violations. The accident occurred on the M-14 highway of CPEC, … Read more
The State Bank of Pakistan (SBP) conducted an Open Market Operation (OMO) where it obtained a total of Rs460 billion from the market. OMO Result Summary: Tenor He writes Amount Offered (Rs in Millions) Amount accepted (Rs in millions) an average (%) quotes 03-day Repo sale (disposal) 460,000 460,000 12.90 – 12.95 12.95 OMO is … Read more
Pakistan International Airlines (PIA) has made major strides towards operational and financial recovery with the addition of the 11th Airbus A320, registered as AP-BOM, to its fleet. The refurbished aircraft, equipped with new engines, promises to enhance PIA’s network and quality of service, the airline’s spokesperson confirmed in a statement. The Airbus 320 has undergone … Read more
The Pakistan Airports Authority (PAA) has announced that flight operations at the New Gwadar International Airport (NGIAP) will begin in January 2025. Efforts are being made to meet the operational deadline, with staff deployed and necessary arrangements made. Acting Director General Air Vice Marshal (AVM) Zeeshan Saeed, along with Deputy Director General Airports Engineer Sadiqur … Read more
Islamabad: Federal Minister for Maritime Affairs Qaiser Ahmed Sheikh on Saturday revealed that Pakistan’s naval operations contribute a modest 0.5% to the country’s GDP, which lags significantly behind the global average of 7%. Speaking at Kholi Kashahri at the PNSC building in Karachi, the Minister emphasized the huge untapped potential in the maritime industry. “Developed … Read more
Pakistani army personnel can be seen in this undated photo. – AFP/File An IBO was conducted in Kesh over the reported presence of terrorists, according to ISPR. It says the leader of the terrorist network, Sanaa, was among four killed in Kish Ebo. ISPR: Weapons and ammunition were also found from the terrorists Security forces … Read more
The Israeli army announced an expansion of its month-old field on Thursday operation in northern Gaza This includes part of Beit Lahiya, a town that has been heavily bombed since the early days of the war, where Israel says Hamas militants have regrouped. The army said in a statement that “troops began operating” in the … Read more
A Chinese employee inspects a circuit board on a console production line at a factory in Wuhan, Hubei Province, China on August 16, 2021. — Reuters CCCPK develops a “Business Climate Index for Chinese Enterprises”. The security issue has been identified as the main barrier to corporate growth. The survey reveals a spirit of resilience … Read more