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Pakistan’s tourism sector would grow to over $40 billion within a decade with Government due devotion

Pakistan is rich in diverse cultures, civilizations, and traditions, with beautiful landscapes, heavenly sights, and historical places; it holds a great tourism potential, which regrettably remained elusive. Pakistan is ranked 121st out of 140th in the overall classification of World Economic Forum’s Travel and Tourism Competitiveness Index 2019, however, regional countries namely India, Sri Lanka, …

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Dairy Export Potential in Pakistan is more than $ 30 billion annual

Pakistan is world’s third-largest dairy nation and major milk-producing country which has produced 64 million tonnes in the year 2020-21. Even though produces milk surplus, the country still ends up spending around Rs20 billion to import milk and other dairy products every year. In Pakistan, approximately 80% milk is produced at small scale in rural …

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Pakistan plans to raise $ 1 billion Eurobond in March 2022

Pakistan plans to raise $1 billion through an ESG-compliant Eurobond in March 2022, which would follow a similar amount of Sukuk last week of January 2022, to end its dependence on multilateral lenders by reducing the deficit for sustainable economic growth, Finance Minister said in an interview with Bloomberg. The minister who negotiated the last leg of …

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Corruption has increased in Pakistan: Transparency International

Pakistan has been ranked 140 out of 180 countries, losing 16 spots over the last year, on the Corruption Perceptions Index (CPI) 2021 by Transparency International. As per the details, Pakistan’s score dropped by three points to 28 on the global corruption index. Last year, the country’s score was 31. “It shows that corruption has …

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New Zealand Prime Minister Postpones Wedding after new COVID-19 restrictions

New Zealand’s Prime Minister Jacinda Ardern has been forced to postpone her own wedding due to the introduction of new Covid-19 restrictions in the country. Ardern said tighter rules were needed after nine cases of the omicron variant were detected in a single family that flew to Auckland for a wedding January 2022. The prime minister was planning to …

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UAE Again under Houthi Attack, Reportedly Two Injured by Fallen Missile

The United Arab Emirates says it intercepted and destroyed two ballistic missiles over Abu Dhabi that were fired by Yemen’s Houthi rebels, the latest escalation in Yemen’s long-running war. Houthi ballistic missile had fallen in the kingdom’s south, injuring two residents – a Bangladeshi and a Sudanese citizen – and damaging workshops and vehicles in …

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Airlines Warn 5G Services will cause Major Disruption to Flights

Major U.S. air carriers warned that plans by wireless carriers to use spectrum for 5G wireless services. AT&T (T.N) and Verizon Communications (VZ.N) must delay the plans to use C-Band spectrum for 5G wireless services, United Airlines, Chief Executive Scott Kirby said following a U.S. Senate Commerce Committee hearing, saying it could delay, divert or cancel about 4% of daily …

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Don’t Carry “Naswar” while Travelling from Pakistan to Gulf

The Anti-Narcotics Force (ANF) on Monday said that Gulf countries listed naswar – an addictive substance mostly consumed in Pakistan and Afghanistan – as a drug and a passenger travelling with it could get into trouble, the Express Tribune reported. The force said that the passenger can be penalised as per the law of the …

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