RIYADH: Saudi Arabia’s King Salman and Crown Prince Mohammed bin Salman, through the Ehsan platform, have pledged a total of SR70 million ($18.7 million) to charitable projects under the fourth annual National Campaign. The king and gave SR40 million while the crown prince SR30 million. The monarch and Crown Prince Mohammed donated SR40 million and SR30 million respectively through Ehsan (Charity), a Saudi integrated portal aimed to manage donations in the kingdom. Majid al-Qassabi, head of Ehsan’s monitoring committee, while thanking the King and Crown Prince for the generous donations, said that each donation Ehsan receives is an important source…
Author: Sajjad Ali
ISLAMABAD: Pakistan Cricket Board (PCB) has announced that Pakistan will be hosting a cricket tri-series for the first time in two decades. This decision came following a meeting between PCB Chairman Mohsin Naqvi and counterparts from South Africa and New Zealand. In a statement released by PCB, it was disclosed that the meeting between Naqvi, Cricket South Africa (CSA) Chairman Lawson Naidoo, and New Zealand Cricket (NZC) Chairman Roger Twose centered around the ODI tri-series. Scheduled for February 2025 in Pakistan, just before the ICC Champions Trophy, the tri-series garnered unanimous agreement and positive feedback from all parties involved. Naqvi…
ISLAMABAD: Just a fortnight after assuming office, the newly elected government witnessed a significant 1.35 percent rise in the Sensitive Price Indicator (SPI), marking a weekly inflation report. This surge in the weekly inflation rate has pushed the annual inflation rate to a concerning 32.89 percent, signaling substantial economic strain. Statistics released by the authorities reveal increases in prices for 18 essential items, decreases in 14, while 23 remained unchanged. Notably, as the holy month commenced, prices surged for tomatoes, bananas, eggs, and garlic. Tomatoes escalated by Rs 30 per kilogram, bananas reached Rs 34 per dozen, and eggs soared…
The International Monetary Fund (IMF) has urged Pakistan to reconsider the National Finance Commission (NFC) award with the provinces during discussions between Pakistani officials and the IMF as part of the second review of the $3 billion standby arrangement (SBA). According to Article 160 of the Constitution, the distribution of revenues between the federation and the provinces is authorized by the president through an order of the NFC Award. The newly formed government informed the IMF delegation that the provincial shares could not be reduced without a constitutional amendment and ensured the agreement of all provinces to a new formula.…
Legendary Bollywood actor Amitabh Bachchan has been hospitalized in Mumbai after experiencing shortness of breath, repoted Indian media. Reportedly, Bachchan was rushed to Kokilaben Hospital in Mumbai and underwent a heart operation after falling ill. The decision for the operation came after Bachchan complained of feeling uneasy during events, leading to his admission to the hospital and subsequent angioplasty procedure. Fortunately, Bachchan is said to be in stable condition and is reportedly recovering well after the procedure. Earlier, Bachchan had posted a tweet on his social media account expressing gratitude, followed by another tweet promoting his Indian Street Premier League…
ISLAMABAD: The second round of talks between Pakistan and the International Monetary Fund (IMF) Mission regarding the final tranche under the loan program will take place today. The agenda primarily centers on pivotal economic reforms, notably the privatization of state-owned enterprises. Scheduled for today’s meeting are briefings from various institutions, including the Ministry of Finance and the Federal Board of Revenue (FBR), for the visiting IMF delegation. The IMF has raised concerns over the adequacy of the 42.5% funds held by the federation under the National Finance Commission Award and has called for a review alongside the provinces. Emphasizing the…
ISLAMABAD : The Sunni Ittehad Council (SIC) on Thursday nominated Zain Qureshi, a candidate supported by the Pakistan Tehreek-e-Insaf (PTI), as their parliamentary leader in the National Assembly. SIC leaders submitted his name to National Assembly Speaker Sardar Ayaz Sadiq. Zain is the son of imprisoned PTI Vice Chairman Shah Mahmood Qureshi. Earlier, the SIC nominated Omar Ayub as their opposition leader in the lower house of the parliament.
ISLAMABAD: The Federal Investigation Agency (FIA) has summoned Pakistan Tehreek-e-Insaf (PTI) leader Sher Afzal Marwat to appear before the agency for an inquiry on March 18 regarding a complaint lodged against him. The summon, issued by FIA Cyber Circle Islamabad, pertains to a complaint filed by Barrister Aqeel Malik. According to the notice, Marwat allegedly posted content on his X account on March 9, prompting the need for an investigation. Marwat is required to present himself before the FIA Cybercrime Circle with relevant evidence at 10:00 am on March 18. However, the specifics of the content in question have not…
LAHORE: The Ameer of Jamaat-e-Islami (JI) Siraj-ul-Haq said that JI was unfairly treated in the results of the general elections, pledging to pursue all avenues for justice, including approaching the Supreme Court (SC). Addressing the media in Lahore regarding the election outcomes, Siraj-ul-Haq expressed his belief that the election was marred by irregularities, thus resulting in the formation of a questionable government. He called for the eradication of political polarization in the country, warning that failure to do so would endanger democracy. Accusing the appointment of a finance minister as part of a conspiracy orchestrated by the International Monetary Fund…
ISLAMABAD: Iranian Ambassador Raza Amiri emphasized that the Pak-Iran gas pipeline aims to strengthen strategic ties between the two nations. He expressed a desire to establish sister ports by linking Gwadar and Chah Bahar. During a ceremony held in his honor at the Islamabad Chamber of Commerce, Ambassador Amiri underscored Iran’s commitment to enhancing trade and regional cooperation with Pakistan through the opening of additional border crossing points. He expressed his intention to integrate Iran into the rail link and the China-Pakistan Economic Corridor project. Ambassador Amiri noted that bilateral trade between the two countries had reached $2.50 billion in…