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GITEX 2024 is dominated by Pakistan, which showcases more than 80 companies at the event.

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At the GITEX Global event, which was backed by the Special Investment Facilitation Council, Pakistan’s Information Technology Sector was recognized as the preferred location for technology in the year 2024.

Pakistan has established its presence in the global IT environment one month prior to the event that will take place in October. This achievement is a reflection of the expansion of the information technology sector in the country.

Innovation and artificial intelligence are the primary focuses of GITEX Global, which is the most extensive technology event in South Asia, North Africa, and the Middle East. Experts in information technology, investors, and businesses will all have the opportunity to work together at this event.

There will be over 80 top enterprises and startups present at GITEX Global 2024, which will be attended by the Pakistan Software Export Board as well as the Trade Development Authority of Pakistan. Pakistan is able to demonstrate its capabilities courtesy of this event.

It is contributing to the robust community of freelancers that the information technology sector is experiencing an annual rise of 75,000 graduates. The Kearney Global Services Location Index highlights Pakistan as an appropriate location for information technology outsourcing due to the fact that it provides services at operational costs that are seventy percent lower than those in North America.

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Maintaining Fertiliser Price Stability: The Need for a Continuous Gas Supply to the Fertiliser Sector

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To guarantee fertiliser price stability, a cabinet committee meeting was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister.

Senior government officials, including Industries Minister Rana Tanveer Hussain, attended the meeting.

The attendees received an update on the government’s, gas suppliers’, and fertiliser industry’s conversations. Additionally, the gas supply for the fertiliser sector was evaluated and determined to be adequate.

Throughout the Rabi cropping season, the Deputy Prime Minister ordered the fertiliser industry to maintain a continuous gas supply in order to guarantee steady production and stock levels.

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Fifth Straight Cut: PM Applauds SBP’s Policy Rate Reduction

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Prime Minister Muhammad Shehbaz Sharif has praised the State Bank of Pakistan’s decision to lower its policy rate by an additional 2 percent, stating that the bank’s current 13 percent rate is encouraging for the nation’s economy.

He expressed optimism in a statement that the policy rate cut would encourage investment and further boost investor confidence in the country’s economy.

The prime minister said that decreasing the inflation rate also lowered the policy rate and that future inflation rate reductions will be even more pronounced.

Additionally, he expressed gratitude to the Federal Finance Minister and other officials for their work in this area.

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GHQ Attack Case: Prosecution Seeks Bail Cancellation of CM KP & Other Accused, Indicts 9 More

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25 defendants, including PTI officials, have non-bailable arrest warrants issued by the Anti Terrorism Court of Rawalpindi for their failure to show up for court proceedings related to the GHQ attack case.

Judge Amjad Ali Shah added nine more suspects to the GHQ attack indictment list during today’s ATC Court sessions, bringing the total to 98.

Among the 61 defendants who appeared in court were Shah Mehmud Qureshi and the founder of the PTI.

Among those charged are Khadim Hussain Khokhar, Mehr Mohammad Javed, Chaudhary Asif, Zakir Ullah, Azeem Ullah, Shireen Mazatri, Major Retired Tahir Sadiq, and former MPA Rashid Hafeez.

A plea to cancel the bail of 23 suspects, including Chief Minister Khyber Pakhtunkhwa, has also been filed by the prosecution side.

In the GHQ attack, there were 119 accused in total.

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