Connect with us

Pakistan

Ashura 2023: Banks to remain closed for three days

Published

on

The State Bank of Pakistan (SBP) on Tuesday announced two days of bank holiday on account of Ashura.

“The State Bank of Pakistan will remain closed from 28th to 29th July, 2023 (Friday to Saturday) being public holidays on the occasion of Ashura (9th & 10th Moharram 1445 A.H),” a notification issued by the central bank stated, which will be followed by a Sunday when the banks remain closed.

The country will observe Ashura days, Muharram 9 and 10, on July 28 and 29, to remember the sacrifices of Hazrat Imam Hussain (AS) and his companions in the battle of Karbala.

The federal government has announced public holidays on the account of Muharram 9 and 10.

The Government of Sindh has also banned pillion riding on Muharram 9 and 10 under several measures taken — under Section 144 of the CrPC — to ensure the Ashura days activities continue uninterrupted.

Moreover, the federal government approved the deployment of armed forces across the country to ensure security during the holy month of Muharram.

Latest News

Over Pakistan, Rain and Snowfall Are Expected Over the Next Three Days

Published

on

By

As a succession of westerly winds sweep into the upper areas of Pakistan, rain is expected to fall during the following three days.

The Meteorological Department forecasts snowfall in mountainous regions and rainfall in Khyber Pakhtunkhwa, Kashmir, and Gilgit-Baltistan. There will be rain in Balochistan and the Punjabi plains, including Islamabad and Rawalpindi.

In addition, Khyber Pakhtunkhwa, Gilgit-Baltistan, Kashmir, Upper Punjab, Islamabad, and Northeastern Balochistan are scheduled to see strong winds, thunderstorms, and partly overcast weather during the course of the next day.

Since last month, there has been mild to severe haze in some portions of the country’s upper regions. The capital of Punjab, Lahore, as well as cities like Multan and Sialkot, are among the areas most severely impacted by dense fog.

Other regions of the nation will see dry weather in the interim. It is anticipated that most of Punjab will see morning smog and fog, which will eventually dissipate by nightfall.

Continue Reading

Business

Dar chairs the CCOP meeting; Blue World’s bid offer of Rs.10 billion is rejected.

Published

on

By

The Foreign Minister/Deputy Prime Minister chaired the Cabinet Committee on Privatization meeting.

Other committee members who attended the conference included the Federal Secretaries of several Divisions, the Ministers of Finance and Revenue, Industry and Food, Commerce, Power, and Privatization.

The CCOP took the PC Board’s recommendation into consideration and suggested that Blue World’s bid of 10 billion rupees for the sale of 60% of PIACL’s shares be rejected. The bid was rejected by the CCOP, who chose to follow the PC Board’s advice.

The government’s determination to sell out PIACL through government-to-government or privatization was reaffirmed by the CCOP.

The CCOP was pleased with the Aviation Division’s evaluation of PIACL’s sound financial standing.

Additionally, the CCOP established a committee, chaired by the Minister of State for Finance, to assess potential transaction possibilities for the privatization of the Roosevelt Hotel and the appropriate modes of adoption in light of existing legal rules.

Prior to its subsequent meeting, the CCOP also ordered that all difficulties be resolved and an agreement for the selling of services to an international hotel be concluded.

Continue Reading

Latest News

Combating Terrorism: Twelve Terrorists Destroyed in Separate Operations by Security Forces

Published

on

By

Eleven terrorists and Kharijis were killed in two separate intelligence-based operations in Balochistan’s Miran Shah District and North Waziristan. One of the victims was Sana Alias Baru, a high-value target.

In the vicinity of Miran Shah in North Waziristan, security forces successfully fought the Khwarij, leading to the death of eight and injury of six.

The general region of Balgatar, Kech District, Balochistan was earlier the scene of an Intelligence-Based Operation that resulted in the deaths of four terrorists, one of them was a high-value target.

Authorities in Kech District were actively seeking Baru, who had a pivotal role in recruiting members of the so-called Majeed Brigade, particularly suicide bombers.

Among the terrorists’ possessions were weapons and ammo.

In order to eradicate any lingering terrorists in the vicinity, a sanitation operation is currently under progress.

With unwavering resolve, the Pakistani security forces will eradicate the terrorist threat from the nation.

Continue Reading

Trending