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Dubai is set to construct the world's tallest residential building, named Tiger Sky Tower, near the Burj Khalifa.
Developed by UAE's Tiger Properties, this $1 billion project in Business Bay will soar to an astonishing 532 meters with 122 floors, featuring the world's highest penthouse at 427 meters.
The tower will also include the world's highest adventure park, infinity pool, and restaurant, along with a basketball court, a lounge area with palm trees, a cigar lounge, kids' play area, gym, shops, spa, and the tallest rainforest in a residential building.
Tiger Properties CEO, Eng Waleed Mohammed AlZoubi, expressed that this project is a testament to the company's admiration for Dubai and its commitment to innovation and sustainability.
#TigerSkyTower #Dubai. #BusinessBay #BurjKhalifa #TigerProperties
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Developed by UAE's Tiger Properties, this $1 billion project in Business Bay will soar to an astonishing 532 meters with 122 floors, featuring the world's highest penthouse at 427 meters.
The tower will also include the world's highest adventure park, infinity pool, and restaurant, along with a basketball court, a lounge area with palm trees, a cigar lounge, kids' play area, gym, shops, spa, and the tallest rainforest in a residential building.
Tiger Properties CEO, Eng Waleed Mohammed AlZoubi, expressed that this project is a testament to the company's admiration for Dubai and its commitment to innovation and sustainability.
#TigerSkyTower #Dubai. #BusinessBay #BurjKhalifa #TigerProperties
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Pakistan’s export of goods and services to China witnessed an increase of 37.68 percent during the first ten months of the current fiscal year (2023-24) as compared to the exports of the corresponding period of last year, the State Bank of Pakistan (SBP) said on Wednesday afternoon.
The overall exports to China were recorded at $2.341 billion during July-April (2023-24) against the exports of $1.700 billion during July-April (2022-23), SBP data revealed.
On a year-to-year basis, exports to China also surged by 13.56 percent from $175.542 million in April 2023 to $199.352 million in April 2024.
On a month-on-month basis, exports to China decreased by 18.97 percent during April 2024 as compared to the exports of $246.030 million in March 2024, the SBP data said.
Overall Pakistan’s exports to other countries witnessed an increase of 10.64 percent in the first ten months, from $23.199 billion to $25.669 billion, the SBP data added.
Imports from China into the country during the months under review were recorded at $10.648 billion against $8.343 billion last year, showing an increase of 27.61 percent in July-April (2023-24).
Overall imports into Pakistan witnessed a decrease of 5.27 percent, from $45.766 billion to $43.353 billion.
#Pakistan #Exports #China #Significant #Growth
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The overall exports to China were recorded at $2.341 billion during July-April (2023-24) against the exports of $1.700 billion during July-April (2022-23), SBP data revealed.
On a year-to-year basis, exports to China also surged by 13.56 percent from $175.542 million in April 2023 to $199.352 million in April 2024.
On a month-on-month basis, exports to China decreased by 18.97 percent during April 2024 as compared to the exports of $246.030 million in March 2024, the SBP data said.
Overall Pakistan’s exports to other countries witnessed an increase of 10.64 percent in the first ten months, from $23.199 billion to $25.669 billion, the SBP data added.
Imports from China into the country during the months under review were recorded at $10.648 billion against $8.343 billion last year, showing an increase of 27.61 percent in July-April (2023-24).
Overall imports into Pakistan witnessed a decrease of 5.27 percent, from $45.766 billion to $43.353 billion.
#Pakistan #Exports #China #Significant #Growth
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Sindh Energy Minister Nasir Hussain Shah has unveiled encouraging news for electricity consumers in Karachi using less than 100 units per month.
The initiative involves providing free electricity through solar parks and mini-grid stations. The Sindh government has allocated Rs 5 billion for solar energy projects, with plans to distribute 200,000 solar panels at subsidized rates.
Consumers will bear only 20 percent of the cost, while the government covers the remaining 80 percent. Furthermore, solar parks and mini-grid stations will be established across Sindh, including Karachi.
This move comes amidst warnings from K-Electric regarding unpaid dues from government departments and the Karachi Water and Sewerage Board, which has led to financial strain for
K-Electric and threatens power network maintenance. Urgent action is needed to avert potential power outages in the city.
#Sindh #Power #Consumer #Electricity
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The initiative involves providing free electricity through solar parks and mini-grid stations. The Sindh government has allocated Rs 5 billion for solar energy projects, with plans to distribute 200,000 solar panels at subsidized rates.
Consumers will bear only 20 percent of the cost, while the government covers the remaining 80 percent. Furthermore, solar parks and mini-grid stations will be established across Sindh, including Karachi.
This move comes amidst warnings from K-Electric regarding unpaid dues from government departments and the Karachi Water and Sewerage Board, which has led to financial strain for
K-Electric and threatens power network maintenance. Urgent action is needed to avert potential power outages in the city.
#Sindh #Power #Consumer #Electricity
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FDA Only Products
The government of Punjab has conditioned the cardiac disposables and consumables products only FDA-approved and disqualified a majority of the European, Chinese, and Japanese brands cardiac suppliers also approved by the Drug Regulatory Authority Pakistan (DRAP).
According to a recent tender document of the Specialized Healthcare and Medical Education Department Government of the Punjab, the provincial government has sought invitation bids from interested parties having the ability to supply FDA
According to a recent tender document of the Specialized Healthcare and Medical Education Department Government of the Punjab, the provincial government has sought invitation bids from interested parties having the ability to supply FDA
CDWP has given the green light for the construction of a 241-kilometer stretch of the Karakoram Highway (KKH), as part of CPEC, ahead of PM Shehbaz Sharif’s China visit.
The project, estimated at Rs567.5 billion (about $2 billion), is set to be financed through a Chinese soft loan.
It encompasses upgrading and realigning the KKH from Thakot to Raikot Bridge, including a 103-km bypass from Thakot to Dasu, relocation at Dasu Dam, and new construction after Basha-Thor Nullah.
The CDWP also approved the Rs42 billion Golen Gol Hydropower project in Chitral, to be funded by various international entities.
The projects are expected to receive Ecnec’s approval before PM’s departure to Beijing on June 4.
#CPEC #InfrastructureDevelopment #EconomicGrowth
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The project, estimated at Rs567.5 billion (about $2 billion), is set to be financed through a Chinese soft loan.
It encompasses upgrading and realigning the KKH from Thakot to Raikot Bridge, including a 103-km bypass from Thakot to Dasu, relocation at Dasu Dam, and new construction after Basha-Thor Nullah.
The CDWP also approved the Rs42 billion Golen Gol Hydropower project in Chitral, to be funded by various international entities.
The projects are expected to receive Ecnec’s approval before PM’s departure to Beijing on June 4.
#CPEC #InfrastructureDevelopment #EconomicGrowth
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A wildfire erupted again at Margalla Hills National Park in Islamabad on Friday due to a severe heatwave.
The fire started near Kalenjar village and quickly spread across the Margalla Hills. Upon receiving the alert, CDA officials and fire brigade vehicles rushed to the scene to extinguish the blaze.
Citizens captured videos showing smoke billowing from the hills, expressing concerns for the wildlife.
Recently, two fires were reported in Chiran Di Gali and Saidpur area. It took around seven hours for firefighters and three helicopters from the defence authorities and Prime Minister's Office to control the flames.
However, the next day saw new fires at 15 different locations, requiring another eight hours of efforts to put out.
Margalla Hills National Park covers 12,605 hectares and falls under the jurisdiction of the Capital Development Authority (CDA) and the Islamabad Wildlife Management Board (IWMB).
Image Just for Reference
#IslamabadFire #MargallaHills #Wildfire #Heatwave #CDA #IWMB #WildlifeProtection #EmergencyResponse
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The fire started near Kalenjar village and quickly spread across the Margalla Hills. Upon receiving the alert, CDA officials and fire brigade vehicles rushed to the scene to extinguish the blaze.
Citizens captured videos showing smoke billowing from the hills, expressing concerns for the wildlife.
Recently, two fires were reported in Chiran Di Gali and Saidpur area. It took around seven hours for firefighters and three helicopters from the defence authorities and Prime Minister's Office to control the flames.
However, the next day saw new fires at 15 different locations, requiring another eight hours of efforts to put out.
Margalla Hills National Park covers 12,605 hectares and falls under the jurisdiction of the Capital Development Authority (CDA) and the Islamabad Wildlife Management Board (IWMB).
Image Just for Reference
#IslamabadFire #MargallaHills #Wildfire #Heatwave #CDA #IWMB #WildlifeProtection #EmergencyResponse
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Saudi Aramco, a prominent global energy and chemicals enterprise, has advanced its international retail expansion by finalizing the purchase of a 40% equity interest in Gas & Oil Pakistan Ltd. (GO).
This milestone was officially disclosed by the oil giant on its corporate website. GO operates as a diversified downstream fuels, lubricants, and retail store operator in Pakistan, boasting a network exceeding 1,200 retail fuel stations.
Initially unveiled in December 2023, this acquisition marks Aramco’s inaugural downstream retail investment in Pakistan, underscoring the company's escalating retail footprint in lucrative markets. In a separate transaction, Aramco also secured complete ownership of Esmax Distribución SpA (“Esmax”), a prominent diversified downstream fuels and lubricants retailer in Chile.
Yasser Mufti, Aramco’s Executive Vice President of Products & Customers, emphasized the significance of this expansion, stating, “Our global retail expansion is gathering momentum, and this acquisition represents a pivotal advancement in our journey. Through our strategic alliance with GO, we eagerly anticipate delivering Aramco’s superior products and services to esteemed customers in Pakistan.”
#Oilcompany #Saudiaramco #pakistan #worldsbiggest
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This milestone was officially disclosed by the oil giant on its corporate website. GO operates as a diversified downstream fuels, lubricants, and retail store operator in Pakistan, boasting a network exceeding 1,200 retail fuel stations.
Initially unveiled in December 2023, this acquisition marks Aramco’s inaugural downstream retail investment in Pakistan, underscoring the company's escalating retail footprint in lucrative markets. In a separate transaction, Aramco also secured complete ownership of Esmax Distribución SpA (“Esmax”), a prominent diversified downstream fuels and lubricants retailer in Chile.
Yasser Mufti, Aramco’s Executive Vice President of Products & Customers, emphasized the significance of this expansion, stating, “Our global retail expansion is gathering momentum, and this acquisition represents a pivotal advancement in our journey. Through our strategic alliance with GO, we eagerly anticipate delivering Aramco’s superior products and services to esteemed customers in Pakistan.”
#Oilcompany #Saudiaramco #pakistan #worldsbiggest
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PAKSAT CUBE-Q was sent into orbit on May 3 as part of China's Chang’e-6 lunar mission from Hainan, China.
PAKSAT MM1, on the other hand, will be launched from China's Xichang satellite launch Center.
Developed by Pakistani scientists and engineers, this SUPARCO MM1 satellite is designed to meet the country's increasing communication and connectivity needs.
Its advanced capabilities are poised to bring Pakistan into the digital age by providing internet access to remote areas.
This satellite's launch is expected to revolutionize Pakistan's telecom sector, meeting the rising demand for high-speed internet and seamless connectivity.
The launch ceremony will be broadcast live from SUPARCO's establishments in Islamabad and Karachi.
#satellite #communication #connectivity #digitalera$ #internetaccess #telecomsector
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PAKSAT MM1, on the other hand, will be launched from China's Xichang satellite launch Center.
Developed by Pakistani scientists and engineers, this SUPARCO MM1 satellite is designed to meet the country's increasing communication and connectivity needs.
Its advanced capabilities are poised to bring Pakistan into the digital age by providing internet access to remote areas.
This satellite's launch is expected to revolutionize Pakistan's telecom sector, meeting the rising demand for high-speed internet and seamless connectivity.
The launch ceremony will be broadcast live from SUPARCO's establishments in Islamabad and Karachi.
#satellite #communication #connectivity #digitalera$ #internetaccess #telecomsector
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On May 29, Hutchison Ports Pakistan set a historic milestone with the arrival of one of the largest container vessels.
This landmark event highlights the terminal's state-of-the-art technology and infrastructure, proving its capacity to handle ultra-large container ships efficiently. The vessel, measuring 400 meters in length and with a capacity of 19,368 TEUs, is the largest ever to berth in Pakistan.
This achievement not only showcases Hutchison Ports Pakistan's advanced capabilities but also underscores its strategic significance in the region.
The arrival of such massive ships is expected to boost trade, reduce shipping cost, and significantly enhance Pakistan's position in global maritime commerce. Additionally, the increased port activities are set to generate substantial revenue for the government, contributing to the nation's economic growth.
#BreakingNews #MaritimeHistory #Pakistan #CVMSCANNA #HutchisonPortsPakistan #ShippingNews #GlobalTrade #PortDevelopment #EconomicImpact
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This landmark event highlights the terminal's state-of-the-art technology and infrastructure, proving its capacity to handle ultra-large container ships efficiently. The vessel, measuring 400 meters in length and with a capacity of 19,368 TEUs, is the largest ever to berth in Pakistan.
This achievement not only showcases Hutchison Ports Pakistan's advanced capabilities but also underscores its strategic significance in the region.
The arrival of such massive ships is expected to boost trade, reduce shipping cost, and significantly enhance Pakistan's position in global maritime commerce. Additionally, the increased port activities are set to generate substantial revenue for the government, contributing to the nation's economic growth.
#BreakingNews #MaritimeHistory #Pakistan #CVMSCANNA #HutchisonPortsPakistan #ShippingNews #GlobalTrade #PortDevelopment #EconomicImpact
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Naila Kiani, Pakistan’s leading female high-altitude mountaineer, has been appointed as the Girls' Education National Goodwill Ambassador by the Ministry of Federal Education and Professional Training.
Renowned for her remarkable mountaineering achievements, Kiani now aims to champion the cause of girls’ education across Pakistan, supporting initiatives by federal and provincial governments.
Kiani holds an unparalleled record in mountaineering. She is the first Pakistani woman, and the third Pakistani overall, to have scaled 11 of the world's 14 highest peaks above 8,000 metres.
She also became the first Pakistani woman to climb an 8,000-metre peak in Pakistan and has successfully summited Nanga Parbat, Gasherbrum I, Gasherbrum II, Lhotse, Manaslu, Broad Peak, Annapurna, Makalu, and Cho Oyu.
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Renowned for her remarkable mountaineering achievements, Kiani now aims to champion the cause of girls’ education across Pakistan, supporting initiatives by federal and provincial governments.
Kiani holds an unparalleled record in mountaineering. She is the first Pakistani woman, and the third Pakistani overall, to have scaled 11 of the world's 14 highest peaks above 8,000 metres.
She also became the first Pakistani woman to climb an 8,000-metre peak in Pakistan and has successfully summited Nanga Parbat, Gasherbrum I, Gasherbrum II, Lhotse, Manaslu, Broad Peak, Annapurna, Makalu, and Cho Oyu.
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Pakistan Tehreek-e-Insaf (PTI) founder and former prime minister Imran Khan on Thursday acquitted in two May 9 violence cases.
As per details, the District and Sessions Court heard the bail pleas, where Judicial Magistrate Omar Shahab announced the verdict on two May 9 cases registered at Shahzad Town Police Station.
The court acquitted the PTI founder in both cases due to insufficient evidence. Imran Khan’s counsel Mirza Asim Beg and Naeem Panjotha had completed their arguments on the bail pleas.
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As per details, the District and Sessions Court heard the bail pleas, where Judicial Magistrate Omar Shahab announced the verdict on two May 9 cases registered at Shahzad Town Police Station.
The court acquitted the PTI founder in both cases due to insufficient evidence. Imran Khan’s counsel Mirza Asim Beg and Naeem Panjotha had completed their arguments on the bail pleas.
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A new China-Pakistan air cargo route was launched this week to enhance bilateral trade and connectivity, state-run media said, with the new route linking China’s southwestern Guizhou province to Pakistan’s largest city of Karachi.
This is the first air route that links Guizhou and Pakistan, the state-run Associated Press of Pakistan (APP) said in a report on Wednesday, adding that it is also the first air freight route connecting the province with a Belt and Road Initiative (BRI) country.
To mark the official start of the route, an all-cargo plane carrying six tons of freight comprising clothing, electronic products and other commodities, took off from Guiyang, Guizhou’s capital, on Tuesday morning, APP said. It arrived in Karachi within six hours.
“This is the first air route linking Guizhou and Pakistan, and it is also the first air freight route connecting the province with a Belt and Road Initiative country,” APP said.
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This is the first air route that links Guizhou and Pakistan, the state-run Associated Press of Pakistan (APP) said in a report on Wednesday, adding that it is also the first air freight route connecting the province with a Belt and Road Initiative (BRI) country.
To mark the official start of the route, an all-cargo plane carrying six tons of freight comprising clothing, electronic products and other commodities, took off from Guiyang, Guizhou’s capital, on Tuesday morning, APP said. It arrived in Karachi within six hours.
“This is the first air route linking Guizhou and Pakistan, and it is also the first air freight route connecting the province with a Belt and Road Initiative country,” APP said.
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World’s Largest Cargo Ship, MSC Anna, Arrives at Karachi Port, Signifying a Landmark Moment Today, Karachi Port is poised to witness a historic event as the world’s largest cargo ship, MSC Anna, makes its grand entrance. Hailing from India’s Port Mundra, this colossal vessel is scheduled to dock at Karachi port later this evening, heralding a new era in the port’s storied history.
With dimensions that command awe, MSC Anna stretches an impressive 400 meters in length and boasts a staggering capacity of carrying 19,368 containers. Upon arrival, the ship will commence unloading its cargo at Karachi port before embarking on its journey after a brief one-day stopover.
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With dimensions that command awe, MSC Anna stretches an impressive 400 meters in length and boasts a staggering capacity of carrying 19,368 containers. Upon arrival, the ship will commence unloading its cargo at Karachi port before embarking on its journey after a brief one-day stopover.
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The JazzCash app has achieved 17 million unique downloads over the past year, showcasing its commitment to delivering exceptional user experiences and innovative features.
This milestone reflects the trust and support of its growing community and the relentless efforts of the JazzCash team.
The app has enhanced user experience through technological advancements and new features like embedded insurance, Islamic savings, women’s debit card, Asaan digital account, Raast QR payments, wallet-to-wallet remittance, and digital khaata.
JazzCash has expanded its payment partnerships to over 2,000 partners. Stay tuned for more exciting updates.
#JazzCash #Fintech #Innovation #UserExperience #JazzCash #Innovation #MobilePayments
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This milestone reflects the trust and support of its growing community and the relentless efforts of the JazzCash team.
The app has enhanced user experience through technological advancements and new features like embedded insurance, Islamic savings, women’s debit card, Asaan digital account, Raast QR payments, wallet-to-wallet remittance, and digital khaata.
JazzCash has expanded its payment partnerships to over 2,000 partners. Stay tuned for more exciting updates.
#JazzCash #Fintech #Innovation #UserExperience #JazzCash #Innovation #MobilePayments
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Xpeng AeroHT, an affiliate of Xpeng, plans to deliver its flying car by 2026, according to co-president Brian Gu.
The Land Aircraft Carrier, a truck with a detachable two-seater flying drone, was introduced last year. Pre-orders start this year, with delivery expected in 2026.
Designed for scenic outskirts rather than urban centers, the flying car aims to simplify approval processes by working with municipalities to create flying parks and zones.
Currently undergoing certification with China's aviation regulator, the vehicle won’t require a special license for initial leisure use.
#XpengAeroHT #FlyingCar #FlyingCar #InnovativeTransport #TechInnovatio #TechInnovatio #FlyingCars2026
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The Land Aircraft Carrier, a truck with a detachable two-seater flying drone, was introduced last year. Pre-orders start this year, with delivery expected in 2026.
Designed for scenic outskirts rather than urban centers, the flying car aims to simplify approval processes by working with municipalities to create flying parks and zones.
Currently undergoing certification with China's aviation regulator, the vehicle won’t require a special license for initial leisure use.
#XpengAeroHT #FlyingCar #FlyingCar #InnovativeTransport #TechInnovatio #TechInnovatio #FlyingCars2026
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Bank Alfalah Announces 'Internship Opportunity' for Differently-Abled People Across Pakistan
$USDC $BTC $ETH Read Details: https://startuppakistan.com.pk/bank-alfalah-announces-internship-opportunity-for-differently-abled-people-across-pakistan-apply/
#BankAlfalah #InternshipProgram #DiversityandInclusion #EqualOpportunities #CareerDevelopment #InclusiveWorkplace
$USDC $BTC $ETH Read Details: https://startuppakistan.com.pk/bank-alfalah-announces-internship-opportunity-for-differently-abled-people-across-pakistan-apply/
#BankAlfalah #InternshipProgram #DiversityandInclusion #EqualOpportunities #CareerDevelopment #InclusiveWorkplace
$BTC $ETH $BNB The Sindh government, in collaboration with the World Bank, will provide complete solar systems to the public at an affordable price of Rs7,000.
This initiative aims to address energy challenges by equipping 200,000 households, including 50,000 in Karachi, with solar systems capable of powering a fan and three LED bulbs.
The project, starting in October, will distribute 6,656 systems per district.
Funded by the World Bank with $32 million, this effort complements Sindh's existing 400MW solar energy generation.
Meanwhile, the Punjab government plans to offer free solar systems to 50,000 low-consumption households, fully funded at Rs10 billion.
#SolarEnergy #SustainablePower #SindhInitiative #AffordableEnergy
This initiative aims to address energy challenges by equipping 200,000 households, including 50,000 in Karachi, with solar systems capable of powering a fan and three LED bulbs.
The project, starting in October, will distribute 6,656 systems per district.
Funded by the World Bank with $32 million, this effort complements Sindh's existing 400MW solar energy generation.
Meanwhile, the Punjab government plans to offer free solar systems to 50,000 low-consumption households, fully funded at Rs10 billion.
#SolarEnergy #SustainablePower #SindhInitiative #AffordableEnergy
$BTC $ETH $BNB In a significant stride forward in financial technology, Digitt+, a pioneering Electronic Money Institute licensed under the State Bank of Pakistan, is excited to announce its Banking as a Service (Baas) partnership with RIZQ by ROZEE, a premier Fintech specializing in financial wellness for professionals. This collaboration marks a critical evolution in the delivery of financial services, facilitated through the innovative use of Digitt+'s Open API framework.
#FintechInnovation #BankingAsAService #BaaS #FinancialTechnology #OpenAPI #DigitalBanking #PakistanFintech #DigittPlus
#FintechInnovation #BankingAsAService #BaaS #FinancialTechnology #OpenAPI #DigitalBanking #PakistanFintech #DigittPlus
$BNB $BTC $ETH The first consignment of Pakistani mangoes has arrived in the UAE, with prices slightly higher this year due to inflation and increased freight charges.
Mustafa Altaf, managing director of a trading company, mentioned that the government allowed mango exports from May 20, 2024.
Currently, a 6 kg box of Sindhi mangoes is sold for 28-30 dirhams.
Despite lower production due to climate change, mango exports to the UAE remain strong.
Altaf hopes Pakistani mango growers and exporters will continue to meet the demand for high-quality mangoes.
#MangoSeason #PakistanMangoes #GlobalExports #EconomicBoost #FruitExports #PakistaniProduce
Mustafa Altaf, managing director of a trading company, mentioned that the government allowed mango exports from May 20, 2024.
Currently, a 6 kg box of Sindhi mangoes is sold for 28-30 dirhams.
Despite lower production due to climate change, mango exports to the UAE remain strong.
Altaf hopes Pakistani mango growers and exporters will continue to meet the demand for high-quality mangoes.
#MangoSeason #PakistanMangoes #GlobalExports #EconomicBoost #FruitExports #PakistaniProduce
#EarnFreeCrypto2024 $USDC $SOL The Pakistan Meteorological Department (PMD) forecasts relief from the prevailing heatwave with isolated rain expected in upper regions from May 28 to June 1.
Dust storms and thunderstorms are anticipated in various areas, including Balochistan, Khyber Pakhtunkhwa, Gilgit-Baltistan, and Punjab, providing much-needed respite.
Karachi and coastal Sindh will see dust storms on May 28-29. The PMD advises farmers to manage crops and warns of potential disruptions due to dust storms and lightning.
While the heatwave will subside in the north, central and southern areas will remain 3-4°C above normal. Public is advised to avoid direct sunlight.
#HeatwaveRelie f #PMDForecast #RainForecast #StaySafe
Dust storms and thunderstorms are anticipated in various areas, including Balochistan, Khyber Pakhtunkhwa, Gilgit-Baltistan, and Punjab, providing much-needed respite.
Karachi and coastal Sindh will see dust storms on May 28-29. The PMD advises farmers to manage crops and warns of potential disruptions due to dust storms and lightning.
While the heatwave will subside in the north, central and southern areas will remain 3-4°C above normal. Public is advised to avoid direct sunlight.
#HeatwaveRelie f #PMDForecast #RainForecast #StaySafe