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Beauty of Pakistan

Pakistan is a very beautiful country & loving people are living there.

Summit Bank get another chance to grow

According to the stock filing, Summit Bank Limited informed that it received a letter from the Chairman of the Nasser Abdulla Lootah Group, who is also the Chairman of the Summit Bank. Summit Bank has received a notification of interest from a Dubai-based investor HE Nasser Abdulla Hussain Lootah who has expressed his intention to acquire a controlling stake in the bank through fresh investment. I, Mr. Nasser Abdullah Hussain Lootah, am writing to explore the possibility of acquiring at least a controlling stake in Summit Bank  Limited by subscribing to fresh equity in the bank. It is also envisaged that this  equity injection enable the bank to with the minimum capital  requirement and capital adequacy ratio  requirements as required by the State Bank of Pakistan. In this regard, an exclusivity agreement has been shared with the board of directors for the confirmation that will ultimately give a green signal to the transactions for executing the deal. The Dubai-base...

In 2018, A Korean Drama predicted Corona Virus as a Biological Weapon

The novel coronavirus which began from China's Wuhan city has now become a pandemic all over the world. Over 20,000 people have lost their lives and over 500,000 have been diagnosed with the disease. Now that everyone has been locked down inside. In the wake of the same, some caught hold of South Korean drama from 2018 titled 'My Secret, Terrius,' . What caught attention was the fact that one of episodes of the show has an uncanny resemblance to today's situation of the outbreak.  The clip that has gone viral shows a man telling his partner why one should stay at home and avoid stepping out later which the scene gets shifted to a hospital where a doctor explains about the mutant coronavirus outbreak which attacks the respiratory organ. Approximately 53 minutes into the episode, it shows a doctor handing over a file to another character. The doctor tells her, "We must do more research, but it looks like a mutant coronavirus." The concerned recipient ...

How US dollar will decrease?

A dollar collapse is when the value of the US dollar plummets.  Anyone who holds dollar-denominated assets will sell them at any cost. That includes foreign governments who own US Treasury . It also affects foreign exchange futures  traders. Last but not least are individual investors. When the crash occurs, these parties will demand assets denominated in anything other than dollars. The collapse of the dollar means that everyone is trying to sell their dollar-denominated assets, and no one wants to buy them. This will drive the value of the dollar down  to near zero.

1st Islamic University of Pakistan

# AlQadir #University is the first university in #pakistan   which is designed as modern form # Madrsa . In # Madaris you got only #Islamic knowledge or degree and unaware from other areas like #business , #commerce , #accounts , #marketing   etc but # AlQadir #University offered all in one                

Digital Pakistan-A huge milestone by Government of Pakistan in Freelancing Industry

Freelancing is increasing in Pakistan with the ever-growing unemployment and the blooming trend of being you own boss. However, in Pakistan, Freelancers are paid less as compared to other countries. State Bank has increased Freelancers payment limit for freelance services in Information technology sector. The payment increased is five times of the present payment. SBP has issued a notice, yesterday in which the bank revealed that this decision is made in order to enhance the overall scope of the business through freelancing. Previously, the payment for freelance IT services was $5,000 which is not increased to $25,000 per month. By increasing this payments, SBP foresee that freelancers will become economically sound while foreign exchange flows in the country will also be improved. In this way Freelancers will be able to expand their business and will also be able to hire other individuals for the services. Well this is a big news for freelancers and people who are pla...
The Pakistan Navy has become the first maritime force in the region that is equipped with stealth technology after its first Fast Attack Craft (FAC) equipped with missiles was launched on Tuesday. India also launched its FAC on the same day in Kochi. “The version Pakistan has bought has far better qualities and added features including cost efficiency and multi-role in any combat activity,” said an insider. “The inclusion of the FAC-M in Pakistan navy will enhance its capacity to fight against terrorism and extremism.” According to the Pakistan Navy, the FAC-M, designated as PNS Azmat was launched at Tianjin (Xingang Chinese Shipyard) in an impressive ceremony where Pakistan’s Chief of Naval Staff (CNS) Admiral Noman Bashir was the chief guest. The vessel will be the first of the Azmat class FAC, scheduled to be delivered to the Pakistan Navy within six months. The missile craft construction project represents a quantum leap, not only in defence production in the mari...