Tech and Telecom

Following complaints by the residents of the Eighteen Housing Project, the Rawalpindi Development Authority (RDA) sealed the offices of a Chinese construction company on Monday. According to a spokesperson for the authority, the “action was taken due to security risks identified at Plot No. F-006/B, Road 54 (Commercial), and Plot No. F-006/5 (Apartment).” The spokesperson added that the Chief Executive Officer of China Gezhouba Construction and Management Services Private Limited, Mr Li Xiaotao, and Mr Tarek Hamdy, Chief Executive Officer of M/S Elite Estates Private Limited were issued notices regarding their projects in Eighteen Housing Society. The residents of the…

United Bank Limited (PSX: UBL) on Monday organized an official launch ceremony of its wholly-owned subsidiary, UBL Currency Exchange (Private) Limited (UBLCEPL), in Karachi. The launch ceremony was attended by Governor State Bank of Pakistan Jameel Ahmad, President & CEO UBL Muhammad Jawaid Iqbal, along with other senior team members of SBP and UBL. The Board of Directors of UBL in September 2023 approved the establishment of an exchange company with Rs. 1 billion as paid-up capital. On February 21, 2024, the bank approved an investment of Rs. 1 billion in its currency exchange company to increase its paid-up capital…

realme, the fastest-growing smartphone brand globally, is gearing up to launch the realme C63 in Pakistan. The realme C63 is set to be the first smartphone in the realme C series, and in its current price range, to feature a premium vegan leather back cover. Additionally, the smartphone offers exclusive 45W fast charging, allowing 1 minute of charging for 1 hour of call time, and is packed with innovative AI experiences. The device also boasts a 50MP main camera, providing clearer details in photos and enabling users to capture stunning shots effortlessly. The Only Flagship Vegan Leather Design The realme…

Derbyshire Falcons have announced the acquisition of Mohammad Amir for six matches in the upcoming Vitality Blast where the left-arm pacer will be reunited with his former coach Mickey Arthur. Derbyshire’s head of cricket, Mickey Arthur played a pivotal role in securing the services of Amir’s for the Derbyshire Falcons Cricket Club. Amir brings a wealth of experience, with an impressive record of 330 wickets in 285 T20 matches. His world-class bowling capabilities are expected to enhance Derbyshire’s chances in the tournament. The club confirmed that Amir will be available for six T20 fixtures, including a key home game against…

In a notification issued on Monday, the Lahore High Court (LHC) announced a six-week-long summer vacation. As per the notification, the Lahore High Court judges are scheduled to have a six-week summer break from July 1 to August 31, 2024. During this period, all regional benches, including the principal one, will be closed. It is pertinent to mention that specific cases such as bail applications, stay orders, and habeas corpus pleas will continue to be heard as per the regular schedule, despite the vacation. Following the conclusion of the summer vacations, normal proceedings for all other categories of cases will…

In a bid to boost tourism and recreational activities in the province, the Sindh government has soft-launched water sports at Keenjhar Lake, near Thatta District. Zulfiqar Shah, the Culture and Tourism Minister of Sindh announced that these activities have commenced on a trial basis, marking a significant step towards developing the area as a prime tourist destination. The Sindh government had outlined ambitious plans last year in June, to build a world-class tourist centre at Keenjhar Lake with the motive to start water sports and paragliding activities in the area. A steering committee meeting chaired by Sindh Energy Minister Imtiaz…

A total of 23,497 shopkeepers/retailers have been registered with the Tajir Dost scheme till June 4, 2024. According to the data released by the Federal Board of Revenue (FBR) on Tuesday, out of a total of 23,497 registered retailers, 5,599 belong to Karachi. A total of 7,297 shopkeepers have been registered in Lahore. Within the areas of Islamabad, 2,153 retailers have been registered. A total of 3,067 shopkeepers have been registered within the jurisdiction of Rawalpindi. Within the areas of Peshawar, 2,037 retailers have been registered under the Tajir Dost scheme. Around 1,317 traders have been registered in Quetta and 2,027 retailers have been registered in…

Karachi’s power utility K-Electric has submitted a claim for Fuel Price Adjustment (FPA) for April 2024 to the National Electric Power Regulatory Authority (NEPRA). KE has suggested three options; either decreasing FPA by Rs. 0.74 to Rs. 1.18 per unit in two cases or adding Rs. 0.44 per unit to an already gigantic request of Rs. 18.6 per unit increase for July-March. The distributor is seeking recovery of around Rs. 26 billion on a provisional basis under these options to clear its backlog. NEPRA will hold a public hearing on the matter later this month. In summary: KE proposes the…

Gilgit-Baltistan Chief Minister Gulbar Khan called on Federal Minister for Finance Muhammad Aurangzeb at the Finance Division today. The chief minister expressed gratitude to the federal government for its continued support, particularly the wheat subsidy provided to the region. He highlighted several areas where GB requires further assistance and appealed for increased support in the upcoming budget to address these issues. In response, Aurangzeb emphasized the numerous opportunities available in GB, noting its potential as a prime location for tourism. He pointed out that the region is rich in gems and mineral resources and suggested that the GB government can…

Afghanistan will take on Uganda in their inaugural T20 World Cup game in Group C, at the Providence Stadium in Guyana tomorrow. Rashid Khan’s side will look to dismantle Brian Masaba’s debutants who have qualified for the T20I World Cup for the very first time in history and this will be a big moment for the associate cricket nation. Afghanistan has the spin trio of Mujeeb Ur Rehman, Noor Ahmed, and Rashid Khan but they will need quality pacers like Naveen Ul Haq to dismantle the opposition batting lineup. Rahmanullah Gurbaz and Ibrahim Zadran will be expected to give them…