Elon Musk no longer holds world's richest person title
- 10-Sep-2025
Billionaire Elon Musk is at risk of losing his title of world’s wealthiest person to Oracle co-founder Larry Ellison, whose software giant stands poised for massive AI riches. Ellison, 81, amassed more than $100 billion in additional wealth Wednesday as Oracle shares skyrocketed after the nearly 50-year old company forecast massive revenue growth amid the […]
FBR offers free mobile registration to overseas Pakistanis
- 02-Jul-2025
ISLAMABAD: The Federal Board of Revenue (FBR) has announced a tax-free mobile registration facility for overseas Pakistanis for a period of 120 days during their each visit to the native country. “Overseas Pakistanis can avail FBR tax-free mobile registration facility for 120 days per each visit under the Federal Board of Revenue (FBR) policy,” the […]
Privatization commission decides against extending PIA bidding deadline
- 19-Jun-2025
ISLAMABAD: The Privatization Commission of Pakistan has decided not to extend the deadline for submitting bids for the privatization of Pakistan International Airlines (PIA), ARY News reported. The commission has decided to keep final date set for June 19, 2025, according to an official statement. The Privatization Commission of Pakistan has received Expressions of Interest […]
SBP issues clarification on virtual assets' legal status
- 31-May-2025
KARACHI: The State Bank of Pakistan (SBP) issued a clarification regarding cryptocurrencies labeled as ‘illegal’ in Pakistan, stating that its 2018 advisory did not classify virtual assets (VAs) as unlawful instead it merely advised its regulated entities to refrain from engaging with them due to the ‘absence of a legal and regulatory structure’. “With reference […]
PM Shehbaz orders comprehensive facilitation for Hajj pilgrims
- 20-Jan-2025
ISLAMABAD: Prime Minister (PM) Shehbaz Sharif on Monday said that no negligence will be tolerated in terms of services and assistance for Hajj 2025 pilgrims. Chairing a meeting to review preparations for Hajj 2025, the PM Shehbaz directed to ensure all possible facilities and assistance to the Hujjaj during the upcoming Hajj. “Pilgrims are the […]
Section 144 imposed in Karachi
- 13-Oct-2024
KARACHI: The Karachi administration has imposed section 144 of criminal procedure across the city for four days, ARY News reported on Saturday. Commissioner Karachi imposed Section 144 on the recommendation of Inspector General of Police (IGP) Ghulam Nabi Memon citing potential threats to peace. A notification has also been issued, reading that the ban is imposed […]
Pakistan reports 18th polio case of 2024
- 18-Sep-2024
ISLAMABAD: Pakistan on Wednesday reported another polio case as a two-year-old Quetta boy has been confirmed to be infected with the virus, ARY News reported citing the National Emergency Operation Centre (NEOC) for polio sources. According to NEOC sources, this is the 18th polio case that has been reported in Pakistan so far this year […]
State Bank of Pakistan reveals potential designs for new currency notes
- 05-Sep-2024
KARACHI: The State Bank of Pakistan (SBP) on Thursday revealed potential designs for new currency notes across all denominations, ARY News reported. The potential designs have been shortlisted from a number of designs submitted by the citizens in an art competition organised by the SBP. Rs 10 denomination 1st prize won by Shery Abidi Rs […]
Foreign investment increasing due to govt's policies: PM Shehbaz
- 27-Jun-2024
ISLAMABAD: Prime Minister Shehbaz Sharif directed to devise a comprehensive strategy to strengthen cooperation and trade partnership with Azerbaijan in the fields of economy and investment. “Pakistan geographically offers a natural economic corridor to the sea for Central Asian states,” the prime minister said while chairing a high-level meeting on strengthening ties with Central Asian […]
‘Controversial’ X post: PTI founder refuses to join FIA probe again
- 06-Jun-2024
RAWALPINDI: The Pakistan Tehreek-e-Insaf (PTI) founder once again refused to reply to queries of the Federal Investigation Agency (FIA), probing ‘controversial’ social media posts from his official X (Twitter) account, ARY News reported. According to sources, the FIA team reached the Adiala jail to interrogate Imran Khan as it is probing into the alleged controversial […]