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KARACHI: Jazz, a major telecom operator in Pakistan, completed its second unsecured, privately placed Sukuk issuance, raising PKR 15 billion. This short-term Sukuk, backed by Askari Bank, was oversubscribed by four times, indicating strong demand from non-bank investors and confidence in Jazz’s market position. Largest Short-Term Sukuk in Telecom Sector The Sukuk issuance is the largest …
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KARACHI: The Sindh government has pledged full support to Vanaspati manufacturers, particularly those from Punjab, to expand their industrial footprint in Karachi. Sindh’s Minister for Industry and Commerce, Jam Ikram Dharejo, outlined the government’s plans during a Pakistan Vanaspati Manufacturers Association (PVMA) general body meeting, committing to provide the necessary infrastructure, security, and utility services …
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WASHINGTON: President Joe Biden will attend the inauguration of the next U.S. president in January, whether the victory goes to Vice President Kamala Harris or former President Donald Trump. The White House confirmed Biden’s commitment to the tradition on Wednesday, less than a week before the 2024 election. White House spokeswoman Karine Jean-Pierre emphasized Biden’s …
As Election Day approaches, Vice President Kamala Harris and former President Donald Trump are campaigning in critical battleground states, aiming to sway undecided voters. Donald Trump held two rallies on Wednesday, first in Rocky Mount, North Carolina, followed by another in Green Bay, Wisconsin. The former president addressed large crowds, emphasizing his vision for the …
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CHATTOGRAM: South Africa achieved their largest Test victory, defeating Bangladesh by an innings and 273 runs in the second Test at Chattogram. The dominant win came within three days, keeping South Africa’s hopes alive for the World Test Championship final. Resuming day three at 38-4, Bangladesh quickly fell to 48-8 in their first innings. Mominul …
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KARACHI: Jamaat-e-Islami (JI) chief Hafiz Naeemur Rehman has called on the government to cut petrol prices by Rs30 per litre. He based this demand on the recent decline in global crude oil prices, which have now fallen below $67 per barrel. Rehman highlighted that the government can leverage these reduced costs to ease financial strain …
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A new survey highlights a troubling mental health crisis among schoolchildren. Four in ten children report they have no one at school to discuss their mental health with. Nearly half of them worry about reaching out for help. The survey, which included 1,000 students aged 11 to 18, reveals that 62% of participants have experienced …
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The UK Government will ban vapes within eight months, Chancellor Rachel Reeves confirmed. This measure aims to protect public health, especially for young people. A “flat rate duty” on all vaping liquids will begin in October 2026. During her announcement, Reeves detailed significant changes to tobacco duties. She stated, “I can confirm that the Government …
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Google faces an astronomical fine of $204.8 octillion. This amount exceeds all the money the world has ever made. The penalty stems from a long-running dispute related to YouTube’s banning of Russian media outlets. The tech giant has spent years refusing to restore the accounts of Russian pro-Kremlin and state-run media. This situation escalated after …
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Becky Hill’s incredible financial success continues to grow. The 30-year-old singer has solidified her status as a multi-millionaire, boasting impressive earnings from her music career. Becky first gained fame on The Voice UK in 2012. Since then, her career has flourished. She has amassed a staggering £6.6 million in music earnings. According to reports, her …
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