Saudi extends oil production cut as Russia reduces exports By: APP on July 4, 2023Saudi Arabia said on Monday it was extending a voluntary oil production cut of one million barrels per day, and Russia said it was slashing exports by 500,000 bpd. The moves were the latest attempts by major producers to stabilise markets rocked by factors including continued fallout from the Russian invasion of Ukraine and China’s […]
Meezan Bank’s entity ratings reaffirmed to AAA/A-1+ by VIS Credit Rating Company By: pr on July 4, 2023VIS Credit Rating Company Limited has reaffirmed the entity ratings of Meezan Bank Limited (‘MEBL’ or ‘the Bank’) at ‘AAA/A-1+’ (Triple A/ A-One Plus). The medium to long-term rating of ‘AAA’ denotes highest credit quality, with negligible risk factors, being only slightly more than for risk-free debt of Government of Pakistan (GoP). The short-term rating […]
Chinese enterprise supports digital ticketing system in Pakistan on July 4, 2023Chinese enterprise will continue to support digital ticketing system in Pakistan to facilitate the passengers The passenger ticketing system of the RABTA project of the Ministry of Railways, Pakistan was successfully launched last month. The first two trains running with the system were 107UP and 108DN of the Islamabad Express. Passengers commuting between Islamabad and […]
Karot HPP contributes 3.6bn units of clean electricity By: Agencies on July 4, 2023The 720 megawatts Karot hydropower plant contributed around 3.64 billion units of clean and low-cost electricity to the National Grid in one year of its commercial operations. This was disclosed by CTG Int’l, which marks the completion of the first year of the commercial operations of the Karot hydropower project. Karot was the first hydropower […]
Adamjee Life wins Best Website of the Year Award at Pakistan Digital Awards 2023 By: pr on July 4, 2023Adamjee Life, a prominent provider of life insurance solutions, has been recognized with the esteemed “Best Website of the Year” Award at the Pakistan Digital Awards 2023. This award acknowledges Adamjee Life’s dedication to delivering an exceptional online experience for its customers and highlights their commitment as a Trusted Partner. Expressing his gratitude, Mr. Manzar […]
Brain-computer interfaces technology showcased at AMNC By: Agencies on July 4, 2023Brain-computer interfaces (BCIs) technology was showcased at the Tiankai Higher Education Innovation Park of the 14th Annual Meeting of the New Champions (AMNC). Humans controlling machines with their minds may sound like stuff of science fiction movies. Imagine if you could prepare for your next meeting using only your thoughts – a scenario that might […]
Mega green hydrogen project begins operations in China’s Xinjiang By: xinhua on July 4, 2023China Petrochemical Corporation (Sinopec Group), China’s major oil refiner, on Friday announced that its 20,000-tonne-per-year green hydrogen plant in northwest China’s Xinjiang Uygur Autonomous Region has begun operations. The new plant in Xinjiang’s Kuqa City is China’s first 10,000-tonne-level photovoltaic-based hydrogen production project. It is expected to set an example for the industry to realize […]
Life is Elsewhere is a critique of poetry By: Shahab Akram on July 4, 2023A novel that continuously reminds us that poets and their vocation are instrumental in shaping the opinions and values of a certain epoch. Life is Elsewhere, written by Milan Kundera, was completed in 1969 and published in 1973. “I wanted to solve an aesthetic problem: how to write a novel that would be a “criticism […]
Bushra Sultan featured in Flaunt By: Staff Report on July 4, 2023Bushra Sultan, a young and visionary Pakistani artist, has achieved international recognition for her ground-breaking work in challenging societal norms and revolutionising the fashion industry. Her exceptional talent and thought-provoking campaigns have recently caught the attention of the renowned international journal “Flaunt,” earning her a feature that has made Pakistan proud. In a society where […]
Teenage art exhibition to highlight refugee issue in Pakistan By: Agencies on July 4, 2023A two-day youth charity art exhibition ‘Empowering with Love: Pakistan’ was held in Beijing with collecting works created by hundreds of children and teenagers aged 4 to 14 years from 25 cities across China. The exhibition was sponsored by the China Biodiversity Conservation and Green Development Foundation (CBCGDF) and supported by the United Nations High […]