Author: Abdulrehman
Islamabad – The Special Technology Zones Authority (STZA) has issued Pakistan’s first Blockchain-Based High Performance Computing (HPC) license. Pakistan Blockchain HPC License the recipient, Higgs Computing Limited, now leads a new chapter in Pakistan’s digital transformation. This move, backed by the Special Investment Facilitation Council (SIFC), highlights Pakistan’s ambition to become a regional tech hub. The Ministry of Information Technology and Telecommunication and the State Bank of Pakistan also support the initiative. Their goal is to attract investment in advanced technologies like blockchain, AI, and big data. Higgs Computing will operate a data center powered by 7 megawatts of electricity.…
The Competition Commission of Pakistan (CCP) has taken decisive action against Kingdom Valley (Pvt.) Limited by imposing a hefty fine of Rs150 million for false and misleading advertising related to its housing project. This penalty follows a suo motu investigation initiated by the CCP’s Office of Fair Trade, which revealed that Kingdom Valley deliberately misled prospective buyers through deceptive and inaccurate claims. According to the CCP findings, Kingdom Valley wrongfully marketed its project as “Kingdom Valley Islamabad,” despite the actual location being in Mouza Choora, within the Rawalpindi district. This misrepresentation created confusion and falsely inflated the project’s market value.…
Karachi, Pakistan’s largest city, is dealing with another wave of severe traffic disruption as authorities partially close Natha Khan Bridge traffic blockage for urgent repairs. This crucial section of Shahrah-e-Faisal, a major traffic route, continues to frustrate daily commuters due to a persistent pothole problem that resurfaced earlier this week. A recent Geo News report revealed that the pothole has reappeared several times at the same location. Despite earlier fixes, substandard construction and poor drainage have caused the road to deteriorate rapidly. Recent rainfall has made the situation worse, prompting emergency repairs and partial road closures. Traffic police and maintenance…
Pakistani squash sensation Noor Zaman British Open journey reached a historic milestone as he became the first Pakistani player in two decades to qualify for the main draw of the prestigious British Open. This breakthrough came after Zaman defeated Egypt’s Kareem El Torkey 3-1 in a gripping qualifier match at the Solihull Arden Club in Birmingham. Ranked 44th in the world, Zaman took early control of the match, winning the first two games 11-5 and 11-8. El Torkey briefly turned the tide with an 11-3 win in the third, but Zaman bounced back with sharp focus. With the fourth game…
Early Life and Education Abdul Qadeer Khan was born on April 1, 1936, in Bhopal, India. After the partition in 1947, Abdul Qadeer Khan moved to West Pakistan in 1952. He earned a degree in metallurgy from the University of Karachi in 1960 and pursued further studies in Germany, the Netherlands, and Belgium. In 1972, Abdul Qadeer Khan received his doctorate in metallurgical engineering from the Catholic University of Leuven. Career in Nuclear Technology In 1972, Khan joined a Dutch firm linked to URENCO, a European consortium developing uranium enrichment technology. Despite limited clearance, he gained access to sensitive centrifuge…
Pakistan’s cutlery exports increased by 3.55% during the first ten months of the fiscal year 2024–25, according to recent data released by the Pakistan Bureau of Statistics (PBS). From July to April, Pakistan exported cutlery worth $49.971 million, up from $48.258 million recorded in the same period of 2023–24. This growth highlights the continued strength of Pakistan’s cutlery manufacturing industry, which has remained competitive in global markets despite economic challenges. The increase also signals rising international demand for Pakistani-made kitchenware and tools, which are known for their durability and quality. However, cutlery exports declined in April 2025, falling by 6.73%…
Warner Bros. is setting a new standard for television production with its upcoming Harry Potter reboot. The studio is investing an astounding $100 million in each episode, making this the most expensive TV series ever created. This massive budget reflects Warner Bros.’ commitment to delivering an extraordinary and immersive experience for fans worldwide. Massive Budget for a Massive Project The series will have seven seasons, each with six episodes. The total budget reaches an incredible $4.2 billion. This amount far exceeds previous records. For example, The Lord of the Rings: The Rings of Power cost $62 million per episode and…
PIA Dubai to Skardu flights have officially resumed today, marking a major milestone in Pakistan International Airlines’ (PIA) commitment to boosting tourism in the picturesque Gilgit-Baltistan region. This move not only strengthens international connectivity but also offers travelers a faster and more convenient route to explore northern Pakistan’s breathtaking beauty. Celebrating the Launch of PIA Dubai to Skardu Flights To mark the occasion, PIA organized a special cake-cutting ceremony at its Dubai office. The event was attended by H.E. Hussain Muhammad, Pakistan’s Consul General in Dubai. Additionally, a group of foreign tourists, scheduled to board the inaugural flight, participated in…
The Pakistani government plans to introduce a withholding tax on imports Pakistan will enforce through banks. The tax rate will be 1.5%. Banks will deduct it when processing payments to foreign suppliers. Officials say this move targets under-invoiced imports and boosts tax revenue. How the New Import Tax Will Work Currently, commercial importers pay withholding tax during customs declarations. Under the proposed plan, the tax will be deducted at the point of payment to foreign suppliers via banking channels, specifically when funds are transferred abroad. This shift is designed to improve enforcement and tax collection efficiency by leveraging the banking…
Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, and Special Assistant to the Sindh Chief Minister on Investment and Public-Private Partnership, Syed Qasim Naveed Qamar, recently met at the Sindh Investment Department. They discussed transformative infrastructure projects, including the Karachi Port Malir Expressway Connection via the Qayyumabad Interchange. This proposal aims to improve the flow of heavy traffic in the region. Focus on Strategic Infrastructure Projects During the meeting, both parties deliberated on several key initiatives: The two sides agreed to organize a joint meeting between the Sindh government and Karachi Port Trust (KPT). This will help determine the…