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Business
Saudi Arabia Extends $3bn Deposit Support for Pakistan
News Desk Islamabad: Saudi Arabia has rolled over its $3 billion deposit with Pakistan for another year, the State Bank of Pakistan (SBP) announced on Thursday, providing continued financial support to shore up the country’s economy.…
Pakistan Plots 3,000 EV Chargers
APP Islamabad: Pakistan has set an ambitious target to establish 3,000 electric vehicle (EV) charging stations across the country between 2025 and 2030, marking a significant step toward sustainable mobility.According to an official…
Alektra Metro’s Launch Triggers Buyer Skepticism
News Desk Islamabad: Pakistan’s newest entrant in the electric vehicle segment — the Alektra Metro — is stirring up a spirited debate among consumers. Marketed as the country’s most affordable EV, the compact, battery-powered car…
Amazon Warns 300 Million Users of Surge in Holiday Scams
News DeskIslamabad: E-commerce giant Amazon has issued an urgent warning to its more than 300 million users about a rising wave of sophisticated impersonation scams, particularly during the Black Friday shopping season.The company…
Suno to Compensate Artists in AI-Generated Music
AFP/APPNew York: US artificial intelligence music platform Suno and Warner Music Group announced Tuesday a partnership to ensure recording artists are compensated in the rapidly growing AI music space.The agreement resolves a civil…
HP to Cut Thousands of Jobs as AI Reshapes Workforce
AFP/APPSan Francisco: Computer and printer maker HP announced Tuesday a major restructuring plan that will cut about 10 percent of its global workforce as the company pivots toward artificial intelligence (AI) to boost efficiency.…
Suzuki Unveils Fronx Compact SUV at Pakistan Auto Show 2025
News Desk Karachi: Suzuki officially unveiled its latest compact SUV, the Fronx, at the Pakistan Auto Show (PAPS) 2025, which is underway at the Karachi Expo Center from November 14 to 16. The launch marks the company’s newest entry…
Islamabad IT Park to Create 7,500 New Jobs
News Desk Islamabad: Parliamentary Secretary for Information Technology Sabeen Ghauri on Thursday informed the National Assembly that Pakistan has successfully established 25 state-of-the-art Software Technology Parks across 20 cities,…
Pakistan Awards Offshore Blocks Worth Up to $1 Billion
News DeskIslamabad: Pakistan has awarded 23 offshore exploration blocks to four consortia led by local energy companies, marking the country’s first major offshore bidding round in nearly two decades, the Ministry of Energy announced on…
Amazon to Cut 30,000 Office Jobs: Media Reports
AFP/APPSan Francisco: Amazon plans to lay off tens of thousands of office workers as the e-commerce and technology giant seeks to trim costs while ramping up investments in artificial intelligence (AI), according to US media reports.…