MediaLine Pakistan

Credible News from Pakistan!

Day: December 20, 2021

Press Releases

ISW Holdings Inc. (ISWH) Reports Record Revenue, Forecasts $7M Per Month

NEW YORK, Dec. 20, 2021 (GLOBE NEWSWIRE) — via InvestorWire — ISW Holdings Inc. (OTC: ISWH) today announces its placement in an editorial published by NetworkNewsWire (“NNW”), one of 50+ trusted brands within the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities. To view the full publication and forward-looking statements, please visit: https://nnw.fm/YrdIL Developments are translating to revenue and […]

Press Releases

CMR Surgical expands into the Middle East

CMR Surgical expands into the Middle East Versius being used to perform minimal access surgery (MAS) in several hospitals across the United Arab Emirates (UAE) CMR’s new UAE office will be the first office in the Middle East enabling expansion of operations in the region Cambridge, United Kingdom. 20 December 2021 00:01 (GMT). CMR Surgical […]

Government Policy

AJK PM calls for convening OIC session on deteriorating human rights situation IIOJK

The Prime Minister of Azad Jammu and Kashmir, Sardar Abdul Qayyum Niazi has called for convening an OIC session on the deteriorating human rights situation in the Indian Illegally Occupied Jammu and Kashmir.Talking to media in Islamabad today (Monday),…

Government Policy

Shaukat Tarin elected as senator from KP

Advisor to Prime Minister on Finance Shaukat Tarin has won the senate seat from Khyber Pakhtunkhwa by securing 87 votes.One hundred and twenty-two members of Khyber Pakhtunkhwa Assembly cast their votes.The senate seat was vacated after resignation of …

Government Policy

Info Minister expresses deep grief and sorrow over the death of two journalists

Minister for Information and Broadcasting Chaudhry Fawad Hussain has expressed deep sorrow over the death of two journalists in a car-truck collision on Jhelum-Pir Shahab GT Road today (Monday).In a statement, he expressed heartfelt condolence to the f…

Affairs

Pakistan to Face Another Electricity Price Hike of Rs 4.33 Per Unit

The Central Power Purchasing Agency (CPPA) has sought an increase of Rs. 4.33 per unit in power tariff on account of monthly fuel charges adjustment (FCA) for November 2021.Following a massive increase of Rs. 4.75 per unit from NEPRA, on account of mon…

Affairs

SBP’s New Foreign Currency Rules to Reverse the Negative Trend: Economist

The State Bank of Pakistan (SBP) has updated the regulations governing the selling of foreign exchange to individuals by exchange companies in order to curb the demand for the US Dollar in the local markets.The central bank has added new limits for the…

Affairs

Packages Ltd-Led Consortium Interested in Taking Over Sanofi-Aventis Pakistan

Packages Limited will lead a consortium consisting of IGI Investment and Affiliates of Arshad Ali Gohar Group to acquire majority shares of 52.87 percent in the leading pharmaceutical company, Sanofi-Aventis Pakistan.According to stock filing, the mana…

Affairs

Rupee Holds Steady Against US Dollar, Gains Big Against Other Currencies

The Pakistani Rupee (PKR) finally held out against the US Dollar (USD) and reported no change against the greenback in the interbank market today. Withal, it hit an intra-day low of Rs. 178.30 against the USD during today’s open market session.The loca…

Affairs

SBP Sets Rs. 1.7 Trillion Agriculture Credit Target for FY22

Governor State Bank of Pakistan (SBP) Dr. Reza Baqir announced on Monday the agriculture credit target of Rs. 1.7 trillion for the current fiscal year, which will be made possible by reaching five million borrowers across the country.The governor, who …