Author: yasir

Today, Spotify released its Q4 2024 earnings, closing Q4 stronger than ever by outperforming across key metrics and celebrating the first full year of profitability. By the end of December 2024, Spotify’s monthly active users (MAU) reached a record high of 675 million, a 12% year-over-year surge. This represents the highest Q4 net MAU additions ever. Spotify Premium subscriptions also grew 11% YoY to 263 million, highlighting continued consumer appetite for ad-free listening and personalized content. Financially, the company saw strong growth, with revenue up 16% year-over-year to €4.2 billion, driven by increases in both subscriptions and advertising. A record-high…

In line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to enhance quality of life and reinforce Dubai’s status as the world’s best city to live, work, and visit, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, has approved the development of the iconic ‘Therme Dubai’ project. The announcement was attended by His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy…

Country’s leading telecom and ICT services provider, Pakistan Telecommunication Company Limited (PTCL), and smart home solutions provider, MTronic have entered into a strategic partnership to revolutionize living through cutting-edge Internet of Things (IoT) solutions. The collaboration aims to redefine lifestyles with a range of affordable, seamless, and user-friendly home technologies that deliver unprecedented convenience, home management, and a reduced carbon footprint. Amad Khan, Vice President of Products and Segments, PTCL, and Waqas Khalil, CBO of MTronic, signed the agreement in Islamabad in the presence of senior officials on both sides. The partnership aims to foster innovation and digital transformation in…

Livoltek, a global leader in innovative energy solutions, proudly introduces its state-of-the-art battery storage systems to Pakistan, setting new efficiency, reliability, and sustainability standards. With an increasing demand for energy security and sustainable power solutions, Livoltek batteries emerge as the game-changer for homes, businesses, and industrial applications across the country. Pakistan faces significant energy challenges, including power shortages, rising electricity costs, and an unstable grid. Livoltek’s advanced battery technology is designed to combat these issues, ensuring uninterrupted power supply, reducing dependence on the national grid, and maximizing solar energy utilization. Intelligent Energy Storage & Smart Management Livoltek batteries feature an…

The Oxford University Press Pakistan (OUPP) unveiled plans for the 16th Karachi Literature Festival (KLF) during a well-attended press conference at a local hotel. The three-day festival, themed Narratives from the Soil, will take place from February 7 to 9, 2025. Media representatives gathered to learn about this highly anticipated cultural event that has become a cornerstone of Pakistan’s literary calendar. The Chief Minister of Sindh, Syed Murad Ali Shah’s message for the KLF emphasized the administration’s continued support, “Karachi Literature Festival celebrates the vibrant culture of our city and the power of ideas. As Chief Minister of Sindh, I…

IBA Karachi proudly hosted its Annual Career Fair 2025, organized by the IBA Career Development Center (IBA-CDC), at the IBA Main Campus. This year’s theme, “Think Next,” captured the bold and innovative spirit of students and the limitless opportunities awaiting them. The Career Fair 2025 witnessed an impressive turnout, with over 170 companies and some seasoned professionals serving as mentors. Representatives from various sectors, including banking and financial institutions, information technology, manufacturing, food and beverages, retail energy and resources, service sector, textiles, and pharmaceuticals engaged with the diverse pool of talented students at IBA. Inaugurating the ceremony, Dr. S Akbar…

The second edition of ACCA’s annual economic outlook examines the prospects and major risks for the global economy and key countries. The report, 2025 Global Economic Outlook: A highly uncertain world, includes an exclusive interview with economist Charles Goodhart, highlights key events in 2025, examines three trends to watch closely, and interviews chief financial officers (CFOs) from across the globe. Distinguished economist Charles Goodhartreflects on the enormous uncertainty in the global economy currently. He suggests that the US economy may perform strongly in 2025, but that Europe and the UK could struggle. He is generally optimistic about India’s prospects. As regards…

Experts from around the world gathered at the 26th National Health Sciences Research Symposium (NHSRS) at Aga Khan University (AKU) to discuss the rapidly evolving role of artificial intelligence (AI) in clinical practice. Over two days of keynotes, plenary talks, and pre-symposium workshops, leaders in medicine and technology explored how AI is revolutionizing healthcare delivery, education, and patient care. Dr. Adil Haider, Dean of AKU’s Medical College, opened the symposium by emphasizing the urgent need to adapt to the technological advancements reshaping healthcare. He noted that AI and machine learning have drastically changed how medical education is delivered, stating, “Rapid…

ConcertsGet ready! Spanish electronic music legend Dennis Cruz is taking over Terra Solis on February 8, 2025 for a night you won’t forget. With bangers like El Sueno and Goldigger, Cruz has earned massive creds, including being named Beatport’s #3 Tech House Artist and Resident Advisor’s #2 Most Charted Artist in 2016. But that’s not all! Dutch duo Parallelle—Julien and Thomas de Bie—will be bringing their unique blend of electro-jazz and underground beats with hits like The Hunt and Sanctuary. Plus, Imen will be spinning some deep house magic to keep the energy alive. Don’t wait—book your tickets now for…

Visa (NYSE: V), a world leader in digital payments hosted its inaugural market focused client event – Visa Connect Karachi – last week. Attended by more than 200 participants including senior members of the State Bank of Pakistan and the Pakistani financial industry, it marked the first event of its kind for Visa in the North Africa, Levant and Pakistan (NALP) region. Several regional experts presented insightful sessions on trends related to digital payments, unlocking business growth opportunities, new product solutions and AI-enabled digital experiences. A high-level panel with senior officials from government and banking also spoke to the needs…