Day: May 4, 2023

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Alfalah Islamic Rozana Amdani Fund Announces Daily Dividend Distribution

Karachi, Alfalah Asset Management Limited, formerly known as Alfalah GHP Investment Management Limited, has announced the daily dividend distribution of its Alfalah Islamic Rozana Amdani Fund (AIRAF) for June 30, 2023. The company’s Chief Executive, on behalf of the Board of Directors, has approved the following distribution for the fund’s unit holders.

A dividend of Re. 0.0513 per unit will be paid to the unit holders whose names appeared in the unit holder register at the close of May 03, 2023. The company has a strong reputation for delivering consistent returns to its investors, and this daily dividend distribution is expected to provide a regular source of income for its unit holders.

The Alfalah Islamic Rozana Amdani Fund is a Shariah-compliant mutual fund that aims to provide a steady stream of income to its investors. The fund invests in a diversified portfolio of high-quality, income-generating securities, such as corporate bonds, government securities, and Islamic money market instruments. The fund is managed by a team of experienced professionals who use a disciplined investment approach to maximize returns while minimizing risk.

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Pakistan win 5-match series against New Zealand

In the third One-Day International of five match series, Pakistan beat New Zealand by 26 runs in Karachi last night.

Earlier, New Zealand won the toss and elected to field first.

Pakistan scored 287 runs for the loss of 6 wickets in 50 overs.

In reply, New Zealand were all out 261 runs in 49.1 overs.

Imam-ul-Haq who scored 90 runs declared player of the match.

Pakistan has won five-match series by winning three matches.

Source: Radio Pakistan

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Imam Reveals Secret of Babar Azam and Fakhar Zaman

Opening batter, Imam-ul-Haq shared insights into the personalities of Babar Azam and Fakhar Zaman after the third of the five-match ODI series against New Zealand.

Speaking at a presser, the left-handed batter said that Fakhar Zaman is a man of few words, while the all-format captain is the complete opposite and never keeps silent.

Imam-ul-Haq further added that playing with Babar Azam is unique because the Lahore-born batter knows him well and understands his thought process.

Imam said that the secret behind their successful partnership is that they have been batting together for 5-6 years, and he enjoys playing with Babar Azam and Fakhar Zaman.

The 27-year-old batter also praised his friendship with Babar, stating that they have a good understanding and know the game and mentality of each other while playing together.

The home side secured a 26-run win to take a decisive 0-3 lead in the series, thanks to a fighting innings of 90 runs from Imam-ul-Haq and a half-century from Babar Azam.

It is pertinent to mention here that Fakhar Zaman has been impressive with the bat in the ongoing ODI series, where he scored back-to-back centuries in the first two encounters.

The left-hander also moved to his career-best ODI ranking, reaching the second spot in the ICC ODI rankings, just behind Babar Azam, while Imam is currently in fifth place.

Source: Pro Pakistani

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Finance Minister offers Japanese companies for investment in diverse sectors

Finance Minister Muhammad Ishaq Dar has offered Japanese companies for investment in diverse sectors of Pakistan besides welcoming their investment plans.

He was talking to Ambassador of Japan Mitsuhiro Wada, who called on him in Islamabad today.

The Finance Minister briefed the Ambassador about the economic challenges and priorities of the present government.

He apprised the Ambassador of the economic policies and reforms being implemented by the government to lead the economy towards growth and stability.

He said Japan is one of the major development partners of Pakistan and he firmly believes that the cooperation will further strengthen in multiple fields for the mutual benefit of both the countries.

Ambassador of Japan Wada Mitsuhiro praised the pragmatic policies and actions being taken by the government and said that Japan greatly values its bilateral relations with Pakistan.

He also expressed confidence in the economic policies of the current government and assured that business, investment and economic linkages between the two countries would further strengthen in coming days.

Source: Radio Pakistan

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Pakistan, Turkiye Implement Trade in Goods Agreement

The Trade in Goods Agreement between Pakistan and Turkiye has come into force on 1st of May 2023, as per mutual agreement.

The entry into force of the agreement, which was signed in August 2022 in Islamabad, brings into effect reciprocal tariff concessions extended to select exports of both countries.

Under the agreement, Pakistan has gained preferential access in the Turkish market under 261 tariff lines covering traditional as well as non-traditional sectors such as leather, rice, dates, mangoes, cutlery, sports goods, seafood, processed agricultural products, rubber tubes and tyres, plastics, and engineering goods.

Whereas concessions on 130 tariff lines have been extended to Turkiye, including products such as black tea, processed food products and flavorings, industrial raw materials and parts of machinery, and parts of electronic equipment.

The Trade in Goods Agreement signifies a notable milestone in the historic brotherly relations between Pakistan and Turkiye and envisages further integration of the markets and business communities of both countries.

Source: Pro Pakistani

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Planning Minister forms National Task Force on human resource, skills development

The Ministry of Planning and Development has established a National Task Force on Human Resource and Skill Development.

The decision was taken during a meeting chaired by the Planning Minister Ahsan Iqbal in Islamabad on Thursday.

The taskforce will conduct a comprehensive analysis of the current state of human resource development and skills gap in Pakistan and recommend way forward for harnessing the country’s human resource potential.

The NTF will comprise representatives from relevant public organizations as well as leading private firms, including representatives of academia, industry and businesses.

Meanwhile, addressing at the launch of the review report on Pakistan Human Capital, conducted by the World Bank, the Minister said that the development of human resources is the key to the development of nations.

He said that a scholarship program has been started in the 25 best universities of the world to equip the youth with modern education.

To bring Balochistan and Khyber Pakhtunkhwa into the national mainstream, the Minister said that special projects are being launched in the fields of education, law and order, public health and infrastructure.

Source: Radio Pakistan

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Gmail Will Now Help Find Scam Emails With Twitter-Like Feature

Google has announced that Gmail will now feature a blue checkmark next to the sender’s name to verify their identity. The aim of this feature is to help users differentiate between a legitimate email and a scam.

In a blog post, Google revealed that the verified checkmark is an extension of Gmail’s existing Brand Indicators for Message Identification (BIMI) feature, which requires companies to verify that the brand logo used as their email avatar indeed belongs to them. Companies that have already implemented BIMI will automatically receive the verified checkmark.

According to the image shared by Google, hovering over the checkmark reveals that the email sender has confirmed their ownership of the domain and profile image used to send the email.

Although Twitter’s verification controversy has gained attention, a variety of platforms such as Tinder, Pinterest, and YouTube have incorporated some form of verification icon. Additionally, Meta has initiated a trial program to sell verification for Facebook and Instagram accounts.

The addition of a more conspicuous checkmark by Google may assist users in quickly identifying credible senders, particularly if they are unfamiliar with the meaning or legitimacy of a BIMI-approved logo included in an email.

This aligns with Google’s recent decision to replace the lock icon in Chrome’s address bar with a “tuner” icon, indicating that a website is utilizing the safer HTTPS protocol without leading visitors to assume it is a trustworthy site.

Gmail is launching verified checkmarks for both Workspace and personal Google accounts today. As a result, you may soon notice blue checkmarks appearing in your emails.

Source: Pro Pakistani