According to a report by the UN Trade and Development (UNCTAD), least developed countries contribute to 1.1% of global CO2 emissions from fossil fuels and industry, yet 69% of climate related disaster deaths over the past 50 years occurred in these countries. Read More: Tobacco exports cross $100 mn mark Voices from the Roof of…
Nasdaq Dubai welcomed Mashreq’s (”Mashreq” or ”the Bank”) debut listing on the exchange with the admission of a USD 500 million Sukuk issued by Mashreq Al Islami Sukuk Company Ltd. Read More: Alibaba.com launch service to export from Pakistan The Trust Certificates, due in 2030, were issued under Mashreq’s USD 2.5 billion Trust Certificate Issuance…
As the social media platform ‘X’ (formerly Twitter) faced global outage affecting several countries, including Pakistan, the telecom sector has clarified that the platform has not been blocked in the country. The downdetector has reported that there has been real-time overview of problems with Twitter. The users cannot log in or send tweets.The Downdetector is…
The Competition Appellate Tribunal (CAT), while deciding the appeals filed by the Pakistan Sugar Mills Association (PSMA) and its member mills, has remanded the case to the Competition Commission of Pakistan’s (CCP) for a fresh hearing. In its short order, the Tribunal directed that the matter be reheard by either the Chairperson or any other…
GSMA Report has lauded the telecos and the telecom sector regulator for the improvements. The Mobile Gender Gap Report 2025, released by the GSMA, Wednesday has said that in South Asia, the gender gap in mobile internet adoption in 2024 remained relatively unchanged at 32 percent with 330 million women in the region still not…
The Telenor Group has expressed concerns over the prolonged delays in the proposed sale of its Pakistani operations to Pakistan Telecommunication Company Limited (PTCL), while the delay was leading to continual decline in the customer base of Telenor Pakistan In the first quarter report of current calendar year released in Norway, Telenor International has said…
The Securities and Exchange Commission of Pakistan (SECP) has released a Consultation Paper on Standard Principles for Recognition and Conduct of Industry Associations, introducing a strategic framework aimed at strengthening Pakistan’s financial sector through enhanced self-regulation. The SECP has stated from Islamabad on Monday that the proposed framework sets out a clear roadmap for eligible…
With the approval from Pakistan Space Activities Regulatory Board (PSARB) American company Starlink- providing satellite based internet, is just one step short of launching its services in Pakistan, which will also give the muscle to the government to demand discontinuation of Starlink services to illegal users. While the move has been welcomed by the Minister…
In a strange move the Incumbent government has claimed that not passing on the drop in global oil rates to the consumers in Pakistan was a Relief. Amid declining prices in the international markets and stable Rupee-Dollar parity the government has decided to maintain oil rates in the country instead of reducing it.Instead the official…
While acknowledging that government holds the ownership of the PTCL and the Ufone with majority of shares, the minister for IT & Telecom also accepted that the Ufone was not sharing its loss making balance sheet with the government. “The Ufone was operationally under Eitsalat therefore the government was not responsible for its constant loss…