In the ongoing conflict in northwestern Syria, eight civilians, including a child, lost their lives on Monday as clashes erupted between the Syrian army, led by President Bashar Assad, and the Islamist group Hayat Tahrir Al-Sham (HTS), formerly associated with Al-Qaeda. Additionally, 19 individuals sustained injuries during the exchange of gunfire, according to reports from…
DUBAI: Amidst the hustle and bustle of Saudi Arabia’s upcoming event season, featuring extravagant city-based celebrations in Riyadh and Diriyah, a wave of cutting-edge entertainment ventures is emerging, driven by innovative technology and substantial investments in the Kingdom. In a significant development this October, Saudi Arabia disclosed a $55 million investment in HyperSpace, a three-year-old…
On Tuesday, January 2, 2024, the exchange rate for the US Dollar against Pakistani Rupees stood at Rs 281.4 in both the local and open markets, with a selling rate of Rs 283.9. It’s important to note that exchange rates may differ depending on the location and the specific Exchange Company or bank handling the…
On Monday, January 1, 2024, the exchange rate for one US Dollar against Pakistani Rupees stood at Rs 281.5 in both the local and open market, with a selling rate of Rs 284. It’s essential to note that exchange rates can fluctuate based on factors such as location and the specific Exchange Company or bank…
In a noteworthy transformation, the Pakistan Stock Exchange (PSX) rebounded from a three-year low early in 2023 to culminate the year as the world’s top-performing bourse. This resurgence was underpinned by a $3 billion International Monetary Fund (IMF) loan program, the elimination of default risks, and the successful completion of the initial IMF review. The…
In response to South Africa’s recent filing of a case at the International Court of Justice (ICJ) against Israel for alleged “genocidal” acts in Gaza, Prime Minister Benjamin Netanyahu asserted on Sunday that Israel’s conduct in the ongoing Gaza offensive demonstrates unparalleled “morality.” He rejected the accusations of committing genocide in the Palestinian territory and…
Shortly after welcoming the new year on a bustling street in Tel Aviv, young Israelis found themselves scrambling for cover, and partygoers faced a barrage of rockets intercepted by missile defense systems. The midnight attack, occurring as many sought to escape thoughts of the ongoing conflict in Gaza, highlighted the weariness expressed by revelers celebrating…
LAHORE – 2023 has been a satisfying year for the hydropower and water sectors in Pakistan. The country witnessed increased generation of hydel electricity, while under-construction WAPDA projects in water and hydropower sectors also achieved major milestones in 2023. WAPDA generated about 34 billion units of low-cost, clean and green hydel electricity in 2023, which…
Amidst an escalation of hostilities, Israel intensified its military operations in southern and central Gaza on Friday, simultaneous with Egypt hosting high-level talks with a Hamas delegation to address the nearly 12-week conflict devastating the besieged Palestinian territory. The Israeli military declared an extension of its operation in Khan Yunis in the southern coastal region,…
In the local and open market, the exchange rate for one US Dollar against Pakistani Rupees was noted at Rs 281.8, with a selling rate of Rs 284.3 on December 29, 2023. It’s important to note that exchange rates can fluctuate depending on the location and the entity facilitating the transaction. The following are the…