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The Securities and Exchange Commission of Pakistan (SECP) has approved a comprehensive Strategic Action Plan 2024-2026 to promote Islamic finance and phase out Riba by 2028. The initiative aims to transform non-bank financial sectors by enabling a smooth transition to Sharia-compliant financial practices. Roadmap for Islamic Finance Growth The Strategic Action Plan, prepared by the …
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The latest gold and silver rates in Pakistan reveal fluctuations in the precious metals market. Both gold and silver prices continue to capture attention, reflecting changes in the international and domestic markets. On Tuesday, December 10, 2024, the per tola price of 24-karat gold reached Rs. 283,000 in the local market. This rate, provided by …
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The Pakistan Stock Exchange (PSX) achieved a major milestone on Monday as the KSE-100 index crossed the 111,00 points for the first time in history. Investors celebrated the record-breaking rally, which reflected growing confidence in Pakistan’s financial markets. Opening Rally Boosts Market The market began the day with a strong rally. The KSE-100 index surged …
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Rapper and music mogul Jay-Z is embroiled in a controversial lawsuit alleging misconduct from over two decades ago. Filed in federal court, the lawsuit accuses Jay-Z and Sean “Diddy” Combs of assaulting a 13-year-old girl at a party in 2000. The claims have sparked widespread attention and a strong denial from Jay-Z, who labeled the …
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Disney’s “Moana 2” continues to dominate the North American box office, holding the top spot for the second consecutive week. The animated sequel, which follows the spirited Polynesian heroine and her thrilling sea adventures, has captured audiences. Over the weekend, it added $52 million to its earnings, bringing its total to $277 million since its …
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Israeli airstrikes in Gaza have heightened the humanitarian crisis, killing dozens and targeting critical resources. Among the devastating events, an attack on a flour distribution line in Rafah claimed 10 lives, further exacerbating hunger in the besieged territory. The ongoing violence, combined with restricted aid, has left Gaza’s population in dire straits, with over 44,758 …
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The Yemeni Houthi group escalated its support for Palestinians in Gaza by launching a drone strike on central Israel. The attack, which targeted a building in Yavne, is part of what the Houthis describe as their “support operations” against Israel’s ongoing war and blockade of Gaza. This latest development underscores the growing regional tensions surrounding …
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A drug approved for multiple myeloma and lymphoma has shown remarkable potential in shrinking tumors in non-small cell lung cancer (NSCLC) with KRAS mutations. Research led by UT Southwestern Harold C. Simmons Comprehensive Cancer Center highlights a breakthrough in targeted cancer treatment. These findings, published in Clinical Cancer Research, pave the way for more effective …
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A mysterious illness, labeled “Disease X” by the Africa Centers for Disease Control and Prevention, has claimed at least 31 lives in the Democratic Republic of Congo (DRC). The World Health Organization (WHO) reports that the outbreak has affected over 400 individuals in Kwango Province, a remote region approximately 435 miles from the capital, Kinshasa. …
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Ulan Bator, Mongolia’s capital, is grappling with a surge in flu and flu-like illnesses as severe air pollution worsens health conditions. According to the National Centre for Communicable Diseases (NCCD), 7.7% of the 277,000 individuals seeking outpatient care last week reported symptoms of influenza or related illnesses. Experts urge residents to adopt strict prevention measures …
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