Business

Lahore Tops Global Pollution Rankings Again
Business

Lahore Tops Global Pollution Rankings Again

Unfortunately, Lahore, a city known for its rich history and cultural heritage, has consistently grappled with severe air pollution issues. This has led to the town frequently topping global pollution rankings. Lahore has once again claimed the title of the most polluted city in the world. On October 29, 2024, Lahore's air quality index (AQI) reached a shocking 684. It was way above the "hazardous" level of 300, according to real-time data from IQAir. Global pollution rankings add some other prominent cities like Delhi, Karachi, Mumbai, etc as well. The situation is alarming, urging us to take immediate action to mitigate the situation. Just hours earlier, Faisalabad had briefly held the top position for pollution, but improvements in its air quality allowed Lahore to reclaim its s...
IPS Airways Starting Direct Flights Between Pakistan and the UK
Business, Pakistan

IPS Airways Starting Direct Flights Between Pakistan and the UK

A new era of convenient travel between Pakistan and the United Kingdom is set to begin. It is because IPS Airways, a UK-based airline, is preparing to launch direct flights between the two countries in December 2024. Moreover, the airline is offering a special introductory fare of £895 for return flights between Manchester and Islamabad. A new era of direct air travel is set to dawn as IPS Airways, a UK-based airline, prepares to launch direct flights between Pakistan and the United Kingdom in December 2024. The airline will operate three weekly direct flights between Manchester and Islamabad. Moreover, the airline also offers a more convenient and efficient travel option for passengers. IPS Airways is offering a special introductory fare of £895 for return flights between Mancheste...
Ex-Wife of Muhammad Ali Brings New Stadium to Afghanistan
Business

Ex-Wife of Muhammad Ali Brings New Stadium to Afghanistan

Khalilah Camacho-Ali, a former wife of Muhammad Ali, visited Afghanistan in 2024 to discuss the construction of a sports stadium and the establishment of a sports association named after Muhammad Ali. This visit occurred under the Taliban government, which took control of Afghanistan in 2021. Khalilah Camacho-Ali, the former wife of boxing legend Muhammad Ali, recently arrived in Kabul, Afghanistan. A Taliban government representative confirmed her visit, explaining that she plans to help construct a new sports stadium named "Pirozi," which means "victory" in Dari. The Taliban sports directorate also mentioned that she will be establishing a sports association in Afghanistan bearing Muhammad Ali's name. Camacho-Ali, born Belinda Boyd in 1950 in the United States, converted to Islam ...
NayaPay Makes Global List of Top Fintech Startups
Business, Pakistan

NayaPay Makes Global List of Top Fintech Startups

CB Insights named NayaPay one of the world's 100 most innovative fintech startups in 2024. CB Insights is a famous company that studies technology trends. In addition, being on this list shows that NayaPay is doing great things in finance and technology. Pakistani fintech startup NayaPay has gained international recognition after being included in the prestigious 2024 Fintech 100 list by market analyst CB Insights. This annual list highlights the world’s most innovative early and mid-stage companies that are driving change in financial technology. Moreover, NayaPay’s inclusion is a testament to its rapid growth and the impact it is making in Pakistan’s digital financial landscape. CB Insights, a renowned research firm, selects companies for the Fintech 100 based on various factors l...
Pakistan’s Textile Exports Surge by 17.9% in September 2024
Business, Pakistan

Pakistan’s Textile Exports Surge by 17.9% in September 2024

Textile exports from Pakistan surged by 17.9 percent to $2.33 billion in September 2023. The export increases compared to $1.98 billion in the same month last year, according to the Pakistan Bureau of Statistics (PBS). This is the highest monthly textile export figure since February 2023. In a significant boost for Pakistan’s economy, the country’s textile exports soared by 17.9% in September 2024, reaching $1.605 billion compared to $1.36 billion in the same period last year. This impressive growth reflects the resilience of Pakistan’s textile sector despite global economic challenges. The textile industry is one of the most important sectors of the Pakistani economy, accounting for about 11 percent of GDP and employing millions of people. One of the key drivers of this surge is th...