Nevita International Visits Ilaan to Discuss Potential Partnership
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Nevita International Visits Ilaan to Discuss Potential Partnership

Turkish Real Estate Firm, Nevita International made a special visit to ilaan.com during their ongoing tour to Pakistan to expand their business relations with Pakistani companies. The real estate pioneer visited ilaan.com’s Lahore and Karachi offices to discuss possible strategic partnerships, particularly in the real estate domain where ilaan.com will help Nevita International to penetrate in the market using the vast network of dealers. The officials from Nevita International including Chairman Farul Akbal met the Chairman ilaan.com Mian Ilyas, Chief Executive Officer Mian Omer, and co-founder Mian Ali in Lahore and Karachi where different probable business ventures were discussed. Chairman ilaan.com, Mian Ilyas while addressing the delegation said, We are looking forward to expand our services worldwide and help Nevita International enter Pakistan. Attended by the core team members of ilaan.com, the meetings were very fruitful where ilaan.com will help Nevita International in ..
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Apple, Google & Amazon Block Unofficial Coronavirus Apps

According to a new report from CNBC, both Apple and Google have started blocking applications relating to COVID-19 that are not from recognized entities. The tech giants are rejecting apps from developers and are directing users to the WHO website. Most of the applications are designed to display statistics regarding the virus outbreak and the countries labelled as a pandemic. On Sunday, Apple posted a statement on its developer website saying it would accept coronavirus-related apps only from “recognized entities such as government organizations, health-focused NGOs, companies deeply credentialed in health issues, and medical or educational institutions.” Apple wants to ensure that all data sources are reputable and correct. Apple is urging developers to mark their submissions as part of a “Time-Sensitive Event” to expedite the review. This will help in getting the applications approved quickly. According to Apple: Communities around the world are depending on apps to be credible ..
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Sindh Reports 50 New Cases of Coronavirus in 24 Hours

Sindh has reported 50 new cases in the past 24 hours, taking the total number of coronavirus patients to 76 in the province bringing the total number of cases in Pakistan to 94. The latest development comes in after the test results of people quarantined from Sukkur have come in. Sindh government’s spokesperson Murtaza Wahab confirmed this in a tweet. https://twitter.com/murtazawahab1/status/1239423769560702977?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed&ref_url=https%3A%2F%2Fwww.geo.tv%2Flatest%2F277536-pakistan-tally-of-coronavirus-cases-crosses-100-with-50-new-cases-in-sindh Out of these 76, two patients have recovered while 74 are in isolation, he added. In the last couple of days, the spread of the virus has increased in the province with Karachi being the worst-hit city. On Saturday, the port city reported 18 new cases. On Sunday, another five cases were reported in Karachi taking the total number of infections to 25 (excluding the one in Hyderabad). Sukkur, however, has repor..
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Kuwait Just Changed the Words of Azaan Because of Coronavirus

Amid the increasing threat of Covid-19, Kuwait has made some tweaks in Azaan asking people to perform prayers at home. The measure was part of precautionary actions to keep its citizens safe from the viral infection. Muezzins there have replaced ‘hayya alas-salah’ with ‘Al-salatu fi Buyutikum,’ urging people to offer prayers at homes. When asked, the country’s health spokesperson, Dr. Abdullah Al-Sanad, said that the step has helped them prevent local transmission. In the past 24 hours, the country reported 12 more cases of the novel coronavirus, taking the total tally to 112. He said that the majority of patients had an international travel history. The rest of the infected came into contact with those who had a travel history. ALSO READ Peshawar Will No Longer Issue Driving Licenses Gatherings for Friday prayers were canceled across the Middle East amid fear of coronavirus. Countries, including Iran, Egypt, Iraq, Lebanon, and Palestine, called for the cancellation of Friday gath..
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LESCO to Install Millions of Internet-Connected Smart Meters

To curb power theft and address billing issues, Lahore Electric Supply Company (LESCO), in cooperation with the Asian Development Bank (ADB), has decided to install 1.7 million modern meters based on advanced metering infrastructure (AMI). The total cost of the initiative will be around $300 million. Not only will the move help in saving traditional meter reading expenses, but it will also eliminate line losses. Since, AMI based meters continuously transmit information to a central control room, incidents of transformers and meters catching fire will also decline significantly across the provincial capital. Moreover, LESCO consumers will be able to check their electric load, voltage, and bill at any time. Project Details Of the total project cost, ADB will pay almost 78.5% while LESCO will fund the remaining expenses. Under the project, 1,474,532 single-phase and 213,120 three-phase AMI based meters will be installed in LESCO’s south and central circles. 28,753 old industrial and..
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Peshawar Will No Longer Issue Driving Licenses

The Peshawar traffic police announced on Sunday that it will be halting the issuance of driving licenses for two weeks from today in as a preventive measure against coronavirus (COVID-19). The measure could be extended if the viral outbreak is not controlled. This step was taken after the orders by the federal and provincial governments that directed all public places including school, colleges, universities, marquees; parks and other such places to be closed down, said the traffic police. ALSO READ Asian Airports Dominate Rankings for Best Customer Service in 2019 [Images] The officers said that due to this, even the two driving schools managed by the City Traffic Police in the city have been shut down until further notice. The officials and other personnel at the City Traffic Police have been ordered to follow the precautionary steps laid out by the government and doctors. What do you think? Let us know in the comments below.
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PIA Gets Approval to Bring Back Stranded Pakistanis in Saudi Arabia

Saudi Arabia has allowed Pakistan International Airlines (PIA) to bring back passengers and Umrah pilgrims stranded in Saudi Arabia till March 17. The national carrier can send its aircraft to Jeddah and Madina only for the purpose of bringing back those stranded in Saudi Arabia. A circular issued by the Saudi authorities said flight operation of Saudi Airlines from Jeddah and Medina to Pakistan will continue till March 19. CAA had written a letter addressed to President General Authority of Civil Aviation Riyadh, Kingdom of Saudi Arabia regarding the suspension on entry into kingdom of Saudi Arabia (circular dated March 12. 2020). The spokesman of PIA, Abdullah Hafeez said the national flag carrier had operated 65 flights from Pakistan to Saudi Arabia from March 13 to March 15 and brought back 17,184 passengers. He said PIA had been granted special permission by the Saudi authorities to operate its flights to Jeddah and Madina till March 17. “We hope our flight operation will be ..
COVID-19 Cases in Sindh Alone Jump to 76; Pakistan Tally Now Reaches 94
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COVID-19 Cases in Sindh Alone Jump to 76; Pakistan Tally Now Reaches 94

The COVID-19 spread in Pakistan continues to see a rapid spike with the national tally reaching 94. Sindh alone has reported 76 cases with two recoveries to date. Adviser to Chief Minister of Sindh on Law, Anti-Corruption Establishment, and information Murtaza Wahab has announced in a Tweet that the number of COVID-19 cases has reached 76 in the province. The center and provincial governments are taking strong measures to curb the spread. The Sindh government has ordered all parks and public recreational facilities across the province to be shut. Karachi Mayor Wasim Akhtar also issued similar instructions for recreational facilities falling under the Karachi Metropolitan Corporation (KMC). Hostels of varsities across Punjab have also been converted into quarantine centers. Punjab has prohibited hoarding of sanitizers, public gatherings under Section 144. Pakistan International Airlines has also suspended flight operations between Pakistan and Saudi Arabia. The country had already b..
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Trading Halted at the PSX Yet Again

For the fourth time in six working days, the trading was halted at the Pakistan Stock Exchange after the KSE-30 index fell down by 5%. On Monday, the KSE-100 index dropped down by nearly 4.58% to 34,409 points amid coronavirus fears. The panic-induced selling caused the index to nosedive over 1,651 points in early trading, which led to a halt to trading activity for nearly 45 minutes as per the new PSX rules. External shocks due to breakout of coronavirus infections are pushing Pakistani stocks into a bear market. Upon imposition of market halt, all equity and equity-based derivative markets got suspended. The ‘market halt’ had been introduced by the Securities and Exchange Commission of Pakistan (SECP) in PSX regulations in December 2019. It comes into action when the KSE-30 index moves 4% either way and remains there for five consecutive minutes. A.A.H Soomro, managing director at Khadim Ali Shah Bukhari Securities Pvt said, “The fear is spreading faster than the virus. Investo..
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SBP Will Intervene to Stabilize the Currency & Economy: Report

The State Bank of Pakistan has stated that it is ready to take action to support financial markets in the face of the the coronavirus pandemic, reported Bloomberg. The pandemic has led to a sell-off in the country’s bonds and has also triggered Pakistan’s net sales of $772 million in short-term rupee debt in March after eight successive months of purchases that totaled $3.1 billion. According to the report, State Bank of Pakistan Governor Reza Baqir said in an email The current market volatility in Pakistan is externally driven and the strengthening in the fundamentals of Pakistan’s economy that drove the improvement in Pakistan markets before the outbreak of coronavirus remains intact,” The central bank “is monitoring the situation closely and remains ready to take any actions needed to address disorderly market conditions. The State Bank got involved on Friday, and helped the rupee to advance 0.1% after a four-day decline, according to people familiar with the matter. Global cent..