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Finance

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Golden visas offer from Dubai for 10,000 content creator: A Game-Changer for the Digital Economy

  Dubai is once again making waves in the global digital economy with its groundbreaking initiative, ‘Creators HQ.’ This ambitious program aims to attract 10,000 influencers and digital content creators to the city, solidifying its status as a global hub for digital media. Through this initiative, the UAE is offering golden visas—10-year residency permits—along with…
February 3, 20250Comments

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Finance Ideas News People Trending

Asaan Karobar Finance and Card launches by Maryam Nawaz to Boost Economic Growth

  On January 16, 2025, Punjab's Chief Minister Maryam Nawaz launched the transformative Asaan Karobar Finance and Asaan Karobar Card initiatives, aimed at empowering entrepreneurs and fostering the growth of small and medium-sized enterprises (SMEs) in Pakistan. In her speech at the launch ceremony, CM Maryam Nawaz emphasized the government’s dedication to revitalizing the country's…
January 28, 20250Comments

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Finance News People Trending

Oil Prices fell Trump’s Pressure on OPEC :and its impact

  Oil prices experienced a significant dip, falling more than 1%, following U.S. President Donald Trump’s statements at the World Economic Forum in Davos, Switzerland. Trump’s demand for Saudi Arabia and OPEC to reduce oil prices, coupled with looming uncertainties around global trade policies, has sent ripples through the energy markets. The Current Oil Market…
January 25, 20250Comments

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Samsung’s Bold Leap into the Future: Tri-Fold Smartphone and Four Foldable Devices in 2025
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Samsung’s Bold Leap into the Future: Tri-Fold Smartphone and Four Foldable Devices in 2025

Samsung is gearing up to redefine the foldable smartphone market with a game-changing lineup slated for 2025. With the unveiling of its highly anticipated tri-fold smartphone, Samsung aims to not only challenge Huawei’s Mate XT but also solidify its position as a leader in foldable innovation. The South Korean tech giant plans to launch four…
January 22, 20250Comments

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NEPRA Proposes Flexible Electricity Bill Payment Options for Consumers
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NEPRA Proposes Flexible Electricity Bill Payment Options for Consumers

The National Electric Power Regulatory Authority (NEPRA) has introduced a groundbreaking proposal to offer electricity consumers the option to pay their bills in multiple installments throughout the year. This move seeks to alleviate financial pressure on consumers while ensuring the financial stability of distribution companies (DISCOs).   Proposed Amendments for Consumer Relief As part of…
January 22, 20250Comments

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Federal Tax Ombudsman Achieves Record Milestones in 2024 Annual Report
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Federal Tax Ombudsman Achieves Record Milestones in 2024 Annual Report

The Federal Tax Ombudsman (FTO), under the leadership of Dr. Asif Mahmood Jah, has released its Annual Report 2024, marking a record-breaking year in taxpayer grievance resolution. The report, presented to President Asif Ali Zardari, highlights the FTO’s exceptional achievements in addressing complaints against Federal Board of Revenue (FBR) maladministration and facilitating taxpayers across Pakistan.…
January 21, 20250Comments

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World Economic Forum 2025: Collaboration for the Intelligent Age
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World Economic Forum 2025: Collaboration for the Intelligent Age

The 2025 Annual Meeting of the World Economic Forum (WEF) is taking place from January 20–24 in Davos, Switzerland. Under the theme "Collaboration for the Intelligent Age," this year’s event gathers some of the most influential leaders across the globe to discuss pressing global issues, from geo-economic uncertainty and climate change to advancements in artificial…
January 20, 20250Comments

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Islamabad Extends Token Tax Deadline and Simplifies Vehicle Services
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Islamabad Extends Token Tax Deadline and Simplifies Vehicle Services

The Islamabad Excise and Taxation Department has announced an extension for token tax payments, offering vehicle owners an additional 15 days to meet their obligations. The new deadline, January 31, 2025, aims to accommodate the increasing rush at tax counters and streamline the process for citizens.   Strict Measures for Defaulters The department has introduced…
January 16, 20250Comments

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Pakistan Strengthens Global Economic Ties: Focus on Japan, Hong Kong, and Social Impact Financing
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Pakistan Strengthens Global Economic Ties: Focus on Japan, Hong Kong, and Social Impact Financing

Pakistan is actively engaging with global partners to foster economic growth, strengthen bilateral relations, and explore innovative solutions for sustainable development. From deepening ties with Japan and Hong Kong to focusing on social impact financing, Pakistan is charting a path toward economic resilience and inclusion.   Collaboration with Japan: A Strengthened Partnership Federal Minister for…
January 16, 20250Comments

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Pakistan Sets $25 Billion IT Export Target: Prime Minister’s Vision for a Digital Future
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Pakistan Sets $25 Billion IT Export Target: Prime Minister’s Vision for a Digital Future

Prime Minister Shehbaz Sharif’s Strategic Vision for IT Sector Growth Prime Minister Muhammad Shehbaz Sharif has laid out an ambitious roadmap to transform Pakistan’s Information Technology (IT) sector into a global powerhouse, targeting a remarkable $25 billion in IT exports over the next five years. Chairing a series of high-level meetings, the premier emphasized the…
January 15, 20250Comments

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Karachi Rejoins C40 Cities Network After Suspension
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Karachi Rejoins C40 Cities Network After Suspension

Karachi's Membership Restored in C40 Cities Network Karachi has officially regained its membership in the prestigious C40 Cities Climate Leadership Group, a global network of cities committed to addressing climate change. The announcement came from Mayor Murtaza Wahab on Tuesday, marking a significant milestone for the city after its suspension in 2022.   The C40…
January 15, 20250Comments

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Government Approves New Power Supply System to Boost Industrial Growth
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Government Approves New Power Supply System to Boost Industrial Growth

In a groundbreaking initiative aimed at accelerating industrial development, the Cabinet Committee on Energy (CCoE), chaired by Prime Minister Shehbaz Sharif, has approved a new power supply system for Special Economic Zones (SEZs) and industrial estates. This landmark decision introduces a uniform electricity tariff and streamlines power management to enhance industrial competitiveness and promote economic…
January 15, 20250Comments

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Google Wallet in Pakistan: Limited Launch Leaves Users Wanting More
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Google Wallet in Pakistan: Limited Launch Leaves Users Wanting More

In December 2024, excitement grew as Google announced its global rollout of Google Wallet, sparking interest across countries, including Pakistan. Known for its robust features—storing payment cards, loyalty cards, boarding passes, event tickets, and enabling contactless NFC transactions—Google Wallet’s launch was expected to redefine Pakistan's digital payment ecosystem. However, recent updates unveiled a surprising twist:…
January 11, 20250Comments

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Federal Budget 2025-26: Presentation Timeline and Key Details
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Federal Budget 2025-26: Presentation Timeline and Key Details

The Federal Budget 2025-26 is set to be unveiled in the first week of June 2025, as per the latest Budget Call Circular issued by the Finance Division. This critical fiscal document will outline the government's economic strategy, spending priorities, and revenue targets for the next financial year, paving the way for the country's financial…
January 9, 20250Comments

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RDA Urges Citizens to Verify Housing Societies Before Investing
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RDA Urges Citizens to Verify Housing Societies Before Investing

The Rawalpindi Development Authority (RDA) has intensified its crackdown on illegal and unapproved housing schemes, urging citizens to verify the legal status of societies on its official website www.rda.gop.pk before making any investments.   RDA’s Commitment to Protect Public Interest According to Director General (DG) Kinza Murtaza, RDA has taken firm action against violators by…
January 6, 20250Comments

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E-Office System Faces Criticism for Hindering Federal Ministry Operations in Pakistan
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E-Office System Faces Criticism for Hindering Federal Ministry Operations in Pakistan

The Ministry of IT and Telecom’s ambitious E-Office system, designed to transition federal ministries and divisions to a paperless workflow, is reportedly doing more harm than good. Developed by the National Information Technology Board (NITB), the system is riddled with technical flaws that disrupt daily operations and force civil servants to rely on traditional paperwork.…
January 6, 20250Comments

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Starlink’s Path to Revolutionizing Internet Connectivity in Pakistan
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Starlink’s Path to Revolutionizing Internet Connectivity in Pakistan

Billionaire Elon Musk’s satellite-based internet service, Starlink, is inching closer to entering Pakistan, promising transformative connectivity in a country plagued by frequent internet outages.   Progress on Starlink’s Entry into Pakistan Elon Musk confirmed via the social media platform X (formerly Twitter) that Starlink has applied for approval to operate in Pakistan. “We are waiting…
January 6, 20250Comments

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D.M. Textile Mills Transitions to Real Estate: A Step Toward Revival and Growth
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D.M. Textile Mills Transitions to Real Estate: A Step Toward Revival and Growth

D.M. Textile Mills Limited (PSX: DMTX) has announced a strategic decision to shift its principal line of business from textiles to real estate. The company’s Board of Directors and shareholders have approved this transition, with the process now under review by the Securities & Exchange Commission of Pakistan (SECP) and the Company Registration Office (CRO)…
January 3, 20250Comments

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PNSC Declared Strategic SOE: Privatization Postponed to Safeguard National Security and Economic Stability
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PNSC Declared Strategic SOE: Privatization Postponed to Safeguard National Security and Economic Stability

The federal government has officially shelved plans to privatize the Pakistan National Shipping Corporation (PNSC) through a public offering. This decision stems from PNSC's strategic importance to national security, economic stability, and its critical role in the maritime sector.   Established under the Pakistan National Shipping Corporation Ordinance 1979, PNSC is a key state-owned enterprise…
January 3, 20250Comments

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Xiaomi Redmi Turbo 4: Launched with Powerful MediaTek Chip and Massive Battery
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Xiaomi Redmi Turbo 4: Launched with Powerful MediaTek Chip and Massive Battery

Xiaomi has once again redefined the smartphone market with the launch of the Redmi Turbo 4. Packed with cutting-edge technology, this device features a brand-new MediaTek chipset and a powerful battery designed to keep up with the demands of modern users. With its impressive specifications and innovative features, the Redmi Turbo 4 stands out as…
January 3, 20250Comments

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