Structural impediments pose challenges to Pakistan’s macroeconomic stability — central bank

  • Central bank’s annual report cites low savings, falling investment, energy sector woes as structural impediments
  •  Average rate of inflation expected to fall below projected range of 11.5 – 13.5% in FY25, says SBP report
By Muhammad Ibrahim ·

Pakistan’s UAE envoy, exhibitors praise GITEX Dubai as ‘great show’ for tech firms

  • Eighty Pakistani IT, tech firms are taking part in GITEX in Dubai, considered one of the biggest tech exhibitions worldwide
  • Pakistani exhibitors praise encouraging response received at GITEX 2024, stress importance of global networking in IT sector 
By SAIMA SHABBIR ·

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‘Love match’ apps rival traditional matchmaking in Pakistan

  • Marriage apps describe themselves as ‘halal,’ offering options to blur profile pictures for privacy
  • Some users say people lie about their details on apps while using fake names and photos themselves
By AFP ·

Pakistan’s finmin resolves to continue macroeconomic reforms in meeting with US envoy

  • Muhammad Aurangzeb resolves to continue “broad-based reforms” in energy, taxation and other sectors
  • Donald Blome reaffirms Washington’s commitment to promote “high-quality” US investment for Pakistan’s growth
By Kashaf Rehman ·

Prince Mohammed bin Salman Award for Cultural Cooperation opens for nominations

  • The awards will recognize individuals and academic or cultural institutions that have contributed to cultural collaborations between Saudi Arabia and China
  • Main categories are: Research and Studies in Cultural Fields; Artistic and Creative Works; Translation Between Arabic and Chinese; and Cultural Personality of the Year
By Arab News ·

How AI-driven robotics is transforming healthcare in Saudi Arabia

By MANAL AL-BARAKATI - Lama Alhamawi ·

Update

KSrelief sends fourth plane with aid to Lebanon

By Arab News ·

No US role in Israel operation that killed Hamas leader, Pentagon says

  • “This was an Israeli operation. There (were) no US forces directly involved,” said a Pentagon spokesperson
By Reuters ·

US warns China using overproduction for global dominance

  • Data showed that China had a significant overcapacity relative to projected demand for electric vehicles, batteries or semiconductors
  • He said China had long used the same tactics for two decades to gain dominance in steel and solar and medical devices
By Reuters ·

World No. 1 Jannik Sinner defeats Novak Djokovic in hard-fought Six Kings Slam match

  • Djokovic was unable to match Sinner’s energy and precision in the opening set.
By Manal Al- Barakati ·

Book Review: ‘Principles for Dealing With the Changing World Order’

  • Dalio, an American investor and founder of Bridgewater Associates, translated his rich experience in finance into economic cycles, political systems, and the rise and fall of empires through history
By Haifa Alshammari ·