Year: 2022

Ruqiya Naeem receives award for showing excellence in event management, PR fields

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Ruqiya Naeem Qureshi has been conferred an award for showing excellence in the fields of event management and public relations for the past three decades. Mrs. Naeem Qureshi received the excellence award at the recently held event SRM Couture Celebrating Women’s Empowerment. The event was held to celebrate and recognize the achievements of distinguished women in the fields of business and entrepreneurship, especially during the coronavirus pandemic. A total of 35 women were given awards on the occasion for showing distinction in various fields. Mrs. Naeem Qureshi has been the…

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SBP reduces foreign currency cash carrying limits for travel purposes

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The State Bank of Pakistan (SBP) Tuesday reviewed the existing foreign currency cash-carrying limits for travel purposes, and decided to further rationalise the same. According to a statement issued in this regard, the central bank mentioned that as per the revised limits, individuals of age 18 years and above (adults) can now take foreign currency out of Pakistan equivalent to $5,000 per visit, while those below the age of 18 years (minors) can carry equivalent to $2,500 per visit. The SBP further mentioned that the annual ceiling to take foreign…

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OGDCL administration asks govt to take notice of Islamabad police brutalities

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ISLAMABAD, November 08, 2022: The Oil and Gas Development Company Limited (OGDCL) administration on Tuesday strongly condemned the hooliganism and misbehavior of the Islamabad administration officials and the capital police and demanded the government to take notice of the illegal and brutal action.The Islamabad administration on Tuesday requested OGDCL to provide vehicles for the local body elections. The company administration was considering the capital administration request. However, on Tuesday at 1 o’clock, the police suddenly entered the head office of OGDCL and forcibly seized the company’s vehicles.The OGDCL administration strongly…

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$10b investment deals likely during MBS visit

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Heavy investment deals and wide-ranging memorandums of understanding (MoUs) worth $10 billion are expected to be inked between Pakistan and Saudi Arabia during Saudi Crown Prince Muhammad bin Salman’s much-anticipated visit to the country on November 21, sources revealed on Monday. Some of these projects which cost around $4 billion have been already agreed upon in principle, while more projects will be discussed and decided today (Tuesday) in a meeting chaired by Finance Minister Ishaq Dar. Meanwhile, a separate investment of $12 billion is expected if the two countries proceed…

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CROWN PRINCE MUHAMMAD BIN SALMAN TO VISIT PAKISTAN ON NOVEMBER 21 – DIPLOMATIC SOURCES

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Crown Prince and Prime Minister of Saudi Arabia Muhammad Bin Salman (MBS) would visit Pakistan in the third week of November, diplomatic sources said, ARY News reported. A special Suadi security team will visit Pakistan to scrutinize the security situation ahead of the visit, sources said. According to diplomatic sources, the Crown Prince of Saudi Arabia Muhammad Bin Salman would visit Pakistan on November 21. The Saudi PM would is expected to announce an additional bailout package of $4.2 billion for Pakistan. Sources say that the MBS visit would also…

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