Author: newsupdatetimes

The State Bank of Pakistan (SBP) successfully received a crucial first tranche of SDR 760 million from the International Monetary Fund (IMF) on Friday, providing vital support for the country under the $7 billion Extended Fund Facility (EFF) aimed at stabilizing the economy. The IMF Executive Board approved the 37-month programme on Wednesday, reflecting confidence in Pakistan’s commitment to implementing necessary reforms. These fresh inflows will significantly bolster the central bank’s liquid foreign exchange reserves, demonstrating a positive outlook for the country’s economic stability. Pakistan’s agreement to the IMF deal in exchange for unpopular reforms signifies its determination to address…

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KP Chief Minister Ali Amin Gandapur condemned the police’s use of force against PTI members in Rawalpindi and vowed to retaliate against any violence towards its supporters. The protest in Rawalpindi was called off amid clashes between protesters and riot police, and the KP chief minister directed the participants to return to Peshawar.
The protest was initially planned as a public rally but was converted into a demonstration. PTI workers demanded Gandapur’s resignation and the Punjab government-imposed Section 144 in Rawalpindi Division, banning political gatherings and similar activities. PTI Chairman Barrister Gohar Ali Khan and Salman Akram Raja were detained but later released. The PTI has been making efforts to secure permission for public gatherings and has managed to hold two rallies in Islamabad and Lahore under strict conditions.

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Dr. Zakir Naik’s announced sermon in Islamabad , Pakistan – Islamic scholar Dr. Zakir Naik will present a highly anticipated event in Islamabad, the capital of Pakistan. The event will be held at the prestigious conference on Saturday, October 19, 2024, participants announced today. Zakir Naik, known worldwide for his excellent lectures on comparative religion, Islamic theology and interfaith dialogue, will deliver a lecture titled “The Quran and Contemporary Science: Conflict or Consensus?”. Hearing from scholars, students and people from all walks of life on the intersection of religion and science, the teachings of Islam, philosophy and contemporary issues have made him a vocal spokesman for international security control. Organizations have been told to ensure public safety. Islamabad police and private security teams will be deployed at the conference venue and additional measures will be taken to control the large number of participants. Bit.organizer also offers online registration to simplify the process. Zakir Naik Popular in Pakistan. Dr. Zakir Naik has a large following in Pakistan and has inspired millions with his televised speeches and debates on Barisal TV. His ability to share Islamic teachings while addressing contemporary issues has endeared him to audiences across the country. His previous visit to Pakistan was met with great enthusiasm and his upcoming lectures will be no exception. . His analytical skills and ability to solve complex problems have made him one of the leading Islamic scholars of recent years. . Due to high demand, the event will also be streamed online for those unable to attend. Details of the media release will be shared on social media platforms and the event website closer to the date. Seats will be allocated on a first-come, first-served basis, with seats reserved for VIPs such as religious leaders, government officials and media workers.

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 North Waziristan, Pakistan A tragic helicopter crash claimed the lives of six people and left eight others injured in North Waziristan on [insert date]. The MI-8 helicopter, operated by   Mari Petroleum Company Limited (MPCL), went down during a routine operational flight, marking a grim incident for one of Pakistan’s largest petroleum exploration companies. The Crash Incident The helicopter, a Russian-made MI-8, was on a scheduled flight to support MPCL’s petroleum operations in the region when it crashed in a remote mountainous area of Khost, in North Waziristan, which is known for its challenging terrain. According to local sources, the helicopter…

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Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce, has concluded its participation in the GTEX Textile Machine and Chemical Brand Expo held from 3 to 5 August 2023 in Karachi, reaffirming its commitment to assisting Pakistan businesses on their journey towards digitalization and global expansion. The expo served as a valuable networking platform for textile industry players, showcasing a wide range of raw materials, finished products, state-of-the-art technologies and machinery. As a participant, Alibaba.com had the opportunity to interact with hundreds of suppliers and manufacturers to highlight global trading opportunities available through B2B e-commerce. Through personalized one-on-one consultations,…

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Pakistan (Muhammad Yasir) Alibaba.com, a leading global B2B e-commerce platform, is slated to participate in the “Made in Pakistan” exhibition to be held at the Lahore International Expo Center from 24-25 June, in celebration of the immense talent and craftsmanship of sellers in Pakistan. Pakistan has a rich heritage of skilled artisans, craftsmen and manufacturers, but industry events that showcase the country’s remarkable offerings to global buyers are scarce. The two-day “Made in Pakistan” Expo, organized by AB Community Entertainment, is an initiative that will bring together and shine a spotlight on a vibrant community of Pakistani sellers. It will…

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Alibaba.com, a leading platform for global business-to-business (B2B) trade, hosted “B2B E-COMMERCE SUMMIT – Bharo Digital Export ki Nayi Uraan – Lahore Se” to facilitate Pakistani exporters’ understanding of and access to the global B2B market. The event featured a line-up of speakers from Alibaba.com as well as prominent industry leaders from Lahore, including Miss Amy Li, Marketing Head of Alibaba.com Pakistan; Mr Rana Mansoor Qadir, Former Executive Member – PAAPAM, Mr. Hafiz Ahmed, Ecommerce Influencer and CEO of Ecomrades, and Mr. Shahbaz Siddique, Alibaba.com Certified Trainer. During the event, global consumer trends in the food and agricultural sectors which…

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Leading global B2B e-commerce platform Alibaba.com will gather exporters of Lahore on 19 January, 2023 to create awareness on importance of export industry in Pakistan and world’s largest B2B platform Alibaba.com. The agenda of this summit is to encourage local exporters to go online and go digital. The event, titled “B2B E-COMMERCE SUMMIT – Bharo Digital Export ki Nayi Uraan – Lahore Se,” will focus to highlight the potential of Lahore manufacturers to go global with e-commerce platform Alibaba.com. Lahore is the engineering hub and one of the largest city of Pakistan that has a lot for sectors like agriculture,…

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Alibaba.com, a leading platform for global business-to-business (B2B) trade, successfully hosted its first seller summit in Multan to highlight export opportunities available to local businesses from online commerce, reaffirming its commitment to helping exporters in the region enter the global market. The event was attended by more than 250 participants including over 100 participants who tuned in online. The Alibaba.com seller summit, titled “Multan Seller Summit- Export! KYA? KYUN? AUR KAISE- Alibaba.com ke saath”, discussed various aspects of B2B e-commerce in the global market and how Pakistani exporters can tap the opportunity. Alibaba.com representatives also provided the participants with tips…

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