The National Highways Authority (NHA) has announced a substantial increase in toll taxes across highways and motorways, marking the third hike this year. The revised rates, effective January 5, 2025, aim to bolster revenue to meet the rising operational and infrastructure maintenance costs. Key Toll Tax Revisions: Islamabad-Peshawar Motorway (M1): Cars: Rs. 500…
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The highly anticipated iPhone SE 4 is set to launch in the first quarter of 2025, bringing significant upgrades to Apple’s budget-friendly lineup. This release marks a milestone as Apple integrates its in-house 5G modem, codenamed “Centauri,” into the device. The move reflects Apple’s strategic push to reduce reliance on Qualcomm, streamline its supply chain,…
In a landmark legal battle, President-elect Donald Trump has urged the U.S. Supreme Court to delay a law that would ban TikTok from operating in the United States unless it is sold by its Chinese parent company, ByteDance. The ban is set to take effect on January 19, a day before Trump assumes office, putting…
In a significant development for Pakistan’s sports community, Arif Saeed, President of the Pakistan Rugby Union (PRU), and Khalid Mahmood, President of the Pakistan Boxing Federation (PBF), are expected to be unanimously elected as the new President and Secretary of the Pakistan Olympic Association (POA). The elections are scheduled for December 30th in Lahore, with…
ISLAMABAD, December 27, 2024: The Securities and Exchange Commission of Pakistan (SECP) has granted approval to the Pakistan Stock Exchange Limited (PSX) for issuing detailed guidelines on stock splits by listed companies. This move is expected to invigorate Pakistan's capital markets by enhancing liquidity and broadening investor access. On the same day, the State…
In a significant move to bolster its presence in the starch industry, the Board of Directors of Packages Limited (PSX: PKGS) has approved a capital injection of up to Rs. 3 billion into its wholly owned subsidiary, StarchPack (Private) Limited. The investment, announced via a filing to the Pakistan Stock Exchange (PSX), reflects Packages Limited's…
Global ride-hailing platform inDrive has strategically invested in Pakistan’s leading grocery delivery startup, Krave Mart, as part of its vision to expand into emerging markets. This move aligns with inDrive's broader strategy of transforming into a super app while enhancing access to essential services worldwide. inDrive's Investment Focus Headquartered in Mountain View, California, inDrive…
Apple’s journey towards a $4 trillion market valuation is marked by a strategic shift towards integrating advanced artificial intelligence (AI) features. Despite initial lukewarm demand for the iPhone 16 series, Apple’s stock has surged by 16% since November, adding $500 billion to its market value and reinforcing its dominance in the tech world. Refining…
Pakistan is taking a monumental step to ensure the upcoming ICC Champions Trophy 2025 is a celebration of cricket and unity by relaxing its visa policy for cricket fans and officials from around the world. The initiative aims to create an inclusive environment for cricket enthusiasts, including those from India, to witness the thrilling tournament…
The National Economic Research Associates Inc. (NERA), a leading US-based consultancy, has recommended critical changes for Pakistan's upcoming 5G spectrum auction. Addressing the National Broadband Network Forum 2024, NERA emphasized aligning pricing and policies with regional and global standards to ensure long-term sector growth. Key Recommendations: Rupee-Based Spectrum Pricing: Pegging prices to the Pakistani…
Dubai Metro Blue Line: A Transformational Step Forward Dubai's Roads and Transport Authority (RTA) has confirmed the completion and operational date for the highly anticipated Dubai Metro Blue Line. Slated to begin operations on September 9, 2029, the project is set to mark the 20th anniversary of the Dubai Metro, which began service on the…
Punjab has launched groundbreaking initiatives to empower young graduates through innovative internship programs. These programs focus on developing skills, offering financial independence, and creating job opportunities for the youth. Punjab Socioeconomic Registry Program: Limited Internship Opportunities The Punjab Socioeconomic Registry Program offers young men and women limited internship positions on a Union Council basis.…
MISAAF Energy Pvt. Ltd. is setting new benchmarks in the energy sector by providing cutting-edge diesel generators and solar power systems tailored to the diverse needs of businesses across Pakistan. Renowned for their commitment to efficiency, durability, and sustainability, MISAAF Energy has become a trusted name for uninterrupted power solutions in industries ranging from healthcare…
The race to the digital future is on, and Pakistan is gearing up to redefine its connectivity landscape with the declaration of 2025 as the “Year of 5G”. The government has laid out a bold vision, aiming for faster broadband internet, expanded fiber optics, and unparalleled digital access. Government's Vision for 5G in 2025…
Gamers worldwide are buzzing with anticipation as leaks and rumors about the much-awaited Nintendo Switch 2 dominate social media. From design improvements to upgraded hardware, here’s everything we know so far. Leaked Features of the Nintendo Switch 2 Magnetic Joy-Cons with Hall Effect Joysticks The Switch 2 will reportedly fix the infamous stick drift…
Pakistan’s IT industry stakeholders, including exporters, academia, and policymakers, have proposed transformative measures to digitize governance, regulation, and the economy. By establishing a National Data Exchange Layer and adopting the Pakistan Digital Stack, these initiatives aim to create a digitally inclusive and economically vibrant future. Key Recommendations for Digital Transformation Rationalizing Taxes on Digital…
As electric vehicles (EVs) gain traction in Pakistan, the sedan market is experiencing a surge in options that cater to both performance and affordability. Among the popular choices are the Deepal L07, BYD Seal Dynamic, and GWM Ora 7, each offering distinct features to suit diverse driving needs. Electric sedans are typically available in two…
OnePlus is ready to redefine the smartphone landscape yet again with the launch of its latest Ace series flagship phone, equipped with an impressive 7,000 mAh battery. This innovation cements OnePlus’s position as a market leader, delivering not just powerful performance but also unmatched battery life. Unparalleled Battery Performance The standout feature of the…
Kuwait has unveiled a groundbreaking foreign residency law, marking the most significant transformation of its immigration policies in over six decades. Issued via Amiri decree on November 28, the law aims to modernize the country’s residency system while addressing critical issues such as visa trading, exploitation of migrant workers, and human trafficking. The new legislation,…
In a heartfelt initiative led by Chief of Army Staff General Syed Asim Munir, Nishan-e-Imtiaz (Military), the Pakistan Army has established the "Madawa" Grief Counseling Cell to provide holistic support to the families of martyred soldiers. This pioneering initiative ensures that the families of fallen heroes receive the care and recognition they deserve, honoring their…