January 2026

PTCL Group approves Rs15 billion investment in U Microfinance Bank

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PTCL Group has approved an equity investment of Rs 15 billion (approximately $53 million) in U Microfinance Bank Limited (U Bank), its microfinance subsidiary. The group said the investment was intended to support U Bank’s growth plans and accelerate the development of its digital banking platform to broaden its reach. Hatem Bamatraf, Chairman of U […]

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FIA ASI reassigned to administrative position at Karachi Airport

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Blacklisted from immigration duties, he was appointed to oversee toilet cleanliness and rat control An assistant sub-inspector (ASI) from the immigration wing of the Federal Investigation Agency (FIA) has been posted on an administrative post at the Karachi airport, with duties related to cleanliness, pest control and sewerage maintenance. ASI Munawar Mehdi has been entrusted

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Norse Atlantic secures CAA approval for UK-Islamabad flights

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UK-based Norse Atlantic Airways has obtained permission from the Civil Aviation Authority of Pakistan (CAA) to operate flights to Pakistan. Initially, the airline is expected to operate flights from London to Islamabad, followed by direct flights planned from Manchester and Birmingham. Pakistan has approved the designation of British airline Norse Atlantic. The airline will operate

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President Zardari approves CDA Amendment Bill 2025

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Compensation is no longer limited to cash, the invoice orders 8% additional compensation in the event of late payment President Asif Ali Zardari. Photo: PID President Asif Ali Zardari has given his assent to the Capital Development Authority (CDA) Amendment Bill 2025, which revises the compensation framework for acquired property. Under the amendment, compensation will

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desperate search for missing people after fire in Switzerland

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Emergency personnel respond to the scene of an explosion and fire at the “Le Constellation” bar in the upscale ski resort of Crans-Montana, southwest Switzerland, January 1, 2026. — Reuters CRANS MONTANA: Teenagers Eléonore and Elisa began the year with a frantic search for their friends who have been missing since a deadly fire ravaged

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Rescue 1122 responds to more than 270,000 emergencies in KP, annual report says

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Response to 25,000 road accidents, 169,000 medical emergencies, transfer of 58,800 patients to hospitals Rescue 1122 Khyber Pakhtunkhwa released its annual performance report, saying its teams provided emergency services to more than 2.7 million people in 2025. The report said emergency responders were deployed for incidents ranging from medical cases to road accidents. Rescue 1122

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$2 remains a hurdle for Ripple as exchange supply hits 8-year low

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XRP soared as high as $1.87 as the exchange’s held supply fell to its lowest level since 2018, reinforcing the float-tightening narrative even as the price remains stuck below the heavy $1.88-$2.00 resistance band that has repeatedly capped rebounds. News context Foreign exchange balances are again treated as a key signal. The supply held on

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