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Indus Valley Capital-collected $ 17.5 million

Indus Valley Capital (IVC), Pakistan’s main asset investor, has collected $ 17.5 million for its market fund, according to the MENA bytes report. Indus Valley Capital, founded and directed by Atif Awan, a former LinkedIn Land Manager, is due in early 2019, its target is $ 15. , the company has become a large closed financial institution in Pakistan, the report said. Investors in this initial venture include Co-founder Reddit, Alexis Ohanian, as well as its founders, CEOs, and employees from leading technology companies, including Facebook, Google, Stripe, Coinbase, Uber , Careem, InstaCart, LinkedIn, Reddit, Dropbox, Atlassian, WebFlow, Zip and Oracle. IVC has three horned founders, but the company did not disclose their names. An IVC statement said, “Affiliates with billions of dollars VC funds and former investors Careem and Souq are also among the limited partners.” IVC is crop-agnostic and invests in early seed, seed and early process. Has…

3 New flights to Pakistan soon

3 New flights to Pakistan soon. Three new airlines have requested CAA staff to submit full-time Public Transport (RPT) licenses to start aviation operations in Pakistan. Q-Flight, Fly Jinnah, and Jet Green are the three aircraft that will begin domestic service in the coming months. According to the statement, CAA has completed the investigation of Q-Airlines and Fly Jinnah where the investigation of Jet Green is near. Upon completion of the vetting process, the CAA will send the flight attendants to the RPT to apply for a permit and submit it to the Federal Cabinet for final approval. With the addition of three new aircraft, the number of private jets operating in Pakistan will increase to six. Airblue, SereneAir and AirSial are the three independent airlines currently operating in Pakistan while PIA is the flagship carrier and is the largest and oldest airline in Pakistan. Note that according to CAA…

Pakistan’s tourism-Tourists Visiting the World

Pakistan has been seen as one of the best tourist destinations in the last few years. Pakistan’s tourism is well known all over the world The country has been named in a number of international travel lists such as Forbes’ “Top Ten Places to Go to 2019” and Conde Nast “Best Vacations in 2020.” The government hopes the development will further attract investment in the business-related business and help create jobs. The Prime Minister of the State of Imran Khan has announced plans to develop and promote tourism and holiday visa restrictions for foreign tourists. The city has been hailed as one of the best destinations for 2020 by many international publishers and travel newspapers, including the Independent, Telegraph, and Conde Nast Traveler, where the Duke and Duchess of Cambridge visited the country in October 2019. Originally, Wild Frontiers Travel made the city one of the most visited destinations since…

30 Tourist Destinations in Punjab

Punjab Chief Minister Sardar Usman Buzdar has approved the development of new 30 Tourist Destinations in Punjab. Upon completion of the project, 20,000 people are expected to be employed as soon as possible, in addition to raising a maximum of Rs. 100 billion annual revenue. According to reports, the ruins of old historical sites along the Indus Valley belt, Harappa, Kotli Satyan, canal and other places across the North Punjab block will be developed in the coming phases. The project is part of a new tour for the economic development program, and is expected to cater to a diverse population pool for overall economic recovery. Its various services will include roads and hotels that will be built or repaired as needed for faster convenience of passenger services. In addition to socio-economic development, the new project seeks to divert tourists mainly from high-profile places in the north, including Nathiagali, Murree and…

Pakistan’s gross domestic product has fallen

Pakistan’s gross domestic product has fallen. The World Bank’s chief tax expert, Sebastian James, has said that Pakistan’s gross domestic product (GDP) has fallen below average over the past two years. He also noted that excessive taxation contributes to the country’s economic woes. He said the tax cuts were undeniable, as they caused financial problems for the department because early repayments were not made in Pakistan. James made the remarks during a webinar hosted by Pakistan Development Policy Series 2021 at the World Bank. Special Assistant to the Minister of Lands and Taxation, Dr. Waqar Masood, during a webinar, said the government is reforming the tax evasion system. So far, there are 65 types of taxes in Pakistan, which the government plans to remove 40 over the next two years, starting with the upcoming budget for 2021-2022. Pakistan’s WB president Najy Benhassine, meanwhile, said Pakistan’s tax burden was too narrow,…

Pakistan to get T129 Helicopters despite US ban

Pakistan to get T129 Helicopters despite US ban. Pakistan will continue to receive T129 fighter jets from Turkish Aerospace Industries (TAI) as originally planned despite a US embargo against Turkey, a senior military official has confirmed. Speaking at the 2021 Defense IQ’s hosted International Military Helicopter Conference, the official said the deal was delayed due to some other concerns but the Turkish authorities were confident they would go through a political crisis. government and receive the other certificates. In 2018, Pakistan awarded Turkey a $ 1.5 billion contract for the acquisition of 30 T129 helicopters. However, recent US sanctions against Turkey have reduced the trade to the last now required by the US export license before proceeding with the delivery of helicopters. Earlier this year in January, Pakistan extended the deadline for TAI for the delivery of 30 T129 helicopters by another 12 months. In December last year, the US…

Pakistan having-International Army Competition

Pakistan having International Army Team Spirit. The 4th International Pakistan Army Team Spirit (PATS) Competition 2021 has officially started today at the National Anti-Terrorism Center, Pabbi, near Kharian. According to the official statement of ISPR, Jordan, Sri Lanka, Turkey and Uzbekistan are participating while Morocco, Indonesia, Kazakhstan and Tajikistan are participating as observers in the 3-day competition. In addition, 8 domestic teams of Pakistan Army are participating in the 2021 PATS competition. Since 2018, the PATS competition is being held every year to test strategic skills in the physical and business domains as well as the agility of participating teams to generate feedback in challenging scenarios of real-time zones. The event performs a variety of cross-domain scenarios and tasks including physical endurance, water barrier crossing, near target attainment, and protective approaches under a chemical, biological, radiological, and nuclear environment. Also check Bajwa qamar javed bajwa-praise facilities Note that the Pakistan…

Afghan peace process should be saved from ‘spoiling’

Islamabad: Afghan peace process should be saved from ‘spoiling’. External Affairs Minister Shah Mahmood Qureshi on Friday said the Afghan peace process should be protected from elements trying to disrupt it. Addressing a webinar via video link, FM Qureshi said the positive momentum of inter-Afghan dialogue should be maintained and this historic opportunity should not be missed. He also stressed that the international community should urge all parties to agree on ways to reduce the violence that could lead to a ceasefire. Praising the SCO’s role in the Afghan peace process, FM Qureshi called on the world community to draw up a roadmap for post-conflict reconstruction and economic development in Afghanistan, including timetable for the return of Afghan refugees. He said that peace and stability in Afghanistan was essential and very important for Pakistan. “Afghanistan is not just a neighbor of Pakistan, we have historical ties based on our beliefs…

Free IT training in Hyderabad

Union Minister for Information Technology and Communications Syed Aminul Haq has announced Free IT training in Hyderabad and inaugurated a software technology park at the Hyderabad Institute of Arts, Science and Technology. He was speaking at the signing ceremony of a memorandum of understanding between the Pakistan Software Export Board (PSEB) and the Hyderabad Institute of Arts, Science and Technology (HIST) at a local hotel on Friday. Speaking on this occasion, Syed Amin ul Haq said the memorandum of understanding between PSEB and HIAST was a great achievement. He added that the Memorandum of Understanding covers multi-stakeholder collaboration in terms of building a software technology park on campus, capacity building, online learning, developing academia-industry ties, and promoting IT startups and freelancers. There are currently 16 technology parks in Pakistan with an area of ​​1,169,500 square meters, he said. Ft, offering state-of-the-art facilities to tech companies. He noted that Pakistan’s IT…

Spices Exports Have Increased In Last Seven Months

ISLAMABAD: Exports Of Spices Have Increased in Last Seven Months by 7.94 percent of the financial year 2020-21, compared to the same period last year. There was an export competition Year. According to the Pakistan Bureau of Statistics (PBS), Pakistan exported spices worth Rs 52.489 million during July-January (2020-21) to July-January (2020-21). In terms of quantity, exports of spices also increased by 6.72% to 12,984 metric tonnes from 12,166 metric tonnes, according to the data. Meanwhile, on a year-on-year basis, during the month of January 2021, spice exports also increased by 18.02% over the same month last year. Exports of spices from the country during January 2021 were recorded at 0 11.027 million as against 3.9343 million in January 2020. According to PBS data, based on the month of January, exports of spices increased during January 2021 when compared to exports of 10.105 million in December 2020, competitive exports increased…

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