• Zameen.com organizes Property Sales Event in Lahore

    Zameen.com organizes Property Sales Event in Lahore

    LAHORE: Zameen.com — Pakistan’s leading real estate enterprise — recently organized a Property Sales Event (PSE) at a private hotel in Lahore.

    A large number of people attended the event, while Zameen’s Senior Director Laeeque Chaudhry was also present on the occasion, along with Zameen Project Sales Directors Basil Hafeez, Hafiz Usman Sarwar, and Ali Rehan.

    The event featured numerous real estate projects from Lahore, for which Zameen.com is the exclusive sales and marketing partner, including projects like Swiss Mall, 101 Icon Valley, Park House Apartments, Jinnah Square Residential Apartments, Amanah Mall Serviced Apartments, and several other real estate projects.

    Speaking on the occasion, Zameen.com’s Senior Director Laeeque Chaudhry stated that the main purpose behind the event is to present the public with the best and most trustworthy projects under one roof.

    He further said that Zameen has made incredible contributions to the world of Project Sales.

    During the event, Zameen.com’s sales experts presented a statistical overview of the current market situation and provided information on safe and secure real estate investment opportunities in the city and beyond.

  • Zameen.com signs on with Jinnah Square Residential Apartments project

    Zameen.com signs on with Jinnah Square Residential Apartments project

    Lahore: Zameen.com — Pakistan’s leading real estate enterprise — recently acquired the sales and marketing rights of the Jinnah Square Residential Apartments project.

    The project will involve the construction of two, eleven floored towers on Khayaban-e-Jinnah, Lahore.

    Both towers will have a single ground floor with commercial outlets, while the upper floors will feature studio, and two and three-bedroom residential apartments.

    The senior leadership of both companies participated in a brief contract signing ceremony.

    Speaking on the occasion, Zameen.com’s Senior Director Sales Laeeque Ahmad Chaudhry said that being one of its kind, the project is important not only for Khayaban-e-Jinnah but also for the entire Lahore region.

    He further added that considering the project’s location and its associated facilities, it’s safe to say that the venture is one of the best in terms of investment opportunity.

    Jinnah Square Residential’s Managing Director Sahibzada Imran also took the opportunity to address the ceremony, saying that the project will be built as per international standards.

    He added that both of the towers will feature a-one-of-a-kind design and architecture, which will take Lahore’s infrastructure to a whole new level.

  • Netflix Lost Subscribers for The First Time in Several Years

    Netflix Lost Subscribers for The First Time in Several Years

    On Tuesday, Netflix reported that it had lost over 200,000 subscribers, during Q1 this year. The last time Netflix lost this many subscriber was in October 2011, almost a decade ago. Consequently, Netflix shares plummeted by almost 25% in extended hours.

    The streaming website warned that there may still be trouble ahead. Stocks of streaming websites Roku, Spotify, and Disney also cratered in the after-hours market after the update.

    The company forecasted a plunge of 2 million global paid subscribers for Q2.

    Netflix exclaimed that the shutting down of its services in Russia and canceling the subscription of its Russian paid members resulted in a loss of 700,000 subscribers. If that had not occurred, Netflix notes that it would have seen a net addition of 500,000 during the quarter.

    The company also highlighted that the increasing competition from other streaming platforms, password sharing, and many other factors had also contributed to the loss in paid memberships.

  • Zameen.com gets exclusive sales and Marketing rights for Lahore’s Park House Apartments project

    Zameen.com gets exclusive sales and Marketing rights for Lahore’s Park House Apartments project

    Lahore: Zameen.com — Pakistan’s most renowned and efficient real estate enterprise — has recently signed an agreement with Salman Builders – A big name among the real estate Developers, famed for their landmark project of Grand Square Mall at center point Lahore. Under this agreement, zameen.com gets exclusive marketing and sales rights for the developer’s latest project, ‘Parkhouse Apartments’

    Park House Apartments is being developed at the Main Qarshi Road of Gulberg-Lahore.

    Spanning over an area of 1 Kanal and 18 marlas of land, this high-rise project will feature over nine floors of elegant luxury apartments.

    The apartment complex will include all high-class amenities like 24-hour security, gymnasium, rooftop swimming pool, sauna and car parking

    Addressing the project signing ceremony, Zameen.com Senior Director Sales (Lahore) Laeeque Ahmed Chaudhry stated that the future of Lahore is rooted in vertical residences.

    He added that prominently located luxury apartments are high in demand and due to this increasing interest, many apartment projects are being rapidly developed in Gulberg – which is considered the heart of Lahore.

    Salman Builders CEO Mian Anas also spoke at the ceremony and iterated that Park House Apartments will be a one-of-a-kind project.

    He said that such projects (with strategic location and ace amenities) are currently popular in the city and that his company will soon be launching more projects like this one.

    In addition, Mr. Anas lauded Zameen.com for being an innovative real estate enterprise that has the resource pool to quickly sell real estate projects.

    He said that his company appreciates Zameen.com’s resolute commitment and was seeking to establish a long-standing relationship with the firm.

  • KFC announces title sponsorship for Pakistan-Australia ODI series

    KFC announces title sponsorship for Pakistan-Australia ODI series

    KARACHI, March 25, 2022: Food retail giant KFC, continuing their strong association with cricket has announced the title sponsorship of the ODI series of historical Australia’s tour to Pakistan, “KFC ODI Series – Pak Vs. Australia”. The series consists of 3 ODI matches which will be played in Gaddafi stadium Lahore, starting on March 29th, 2022.

    The brand has a rich history of endorsing the game globally. From sponsoring Australia’s Big Bash League since its inception to introducing the Mini-Cricket Programme in South Africa, and bagging the official sponsorship of the Abu Dhabi T10 League, KFC can be credited for enriching the future of the game in multiple countries.

    Now, with becoming the title sponsors of the Pakistan and Australia ODI series, the brand is playing a pivotal role in reinvigorating the nation’s favorite game.

    Unveiling of the sponsorship plaque was doing jointly by Zakir Khan, Director International Cricket – Pakistan Cricket Board, and Noor Alam, Chief Marketing Officer – KFC Pakistan.

    Noor Alam, CMO, KFC Pakistan, said, “Finding ways to excite and delight Pakistanis is a top priority at KFC Pakistan, and what better to excite this country than bringing back international cricket after 22 long years. I hope all our Pakistani cricket fanatics celebrate the return of this great sport to our local stadiums and continue being our inspiration towards making the impossible happen.”

    Earlier, KFC has had a massive impact in regional and international cricket. From sponsoring the Quetta Gladiators in the Pakistan Super League (PSL) to endorsing domestic teams such as Southern Punjab and Karachi Premiere League, KFC is responsible for bringing a crispy revival to Pakistani cricket.

    The second and third ODI will be played on March 31 and April 2 respectively at the same venue.

  • PM Imran announces zero tax for registered IT freelancers

    Prime Minister Imran Khan has announced zero tax for registered IT freelancers. He said that Pakistan can increase its IT export up to Rs 50 billion.

    He made these remarks while inaugurating E-Commerce Portal in Islamabad on Tuesday.

    Imran Khan observed that the world is rapidly moving towards digitalization and Pakistan had to make progress at the same pace.  He maintained that when they came into power, the condition of the country was very bad but I asked my cabinet members not to worry about it. The prime minister said that he had full understanding and realization of the circumstances.

    He lauded the services of Bill Gates for Pakistan as he had spent a huge amount on the eradication of polio in the country. Bill Gates also gave us good advice about the promotion of Information Technology (IT) in Pakistan.

    On the 10th March, 2021, Pakistan and Japan agreed to enhance cooperation in the field of information technology (IT) and the telecommunication sector.

    According to details, a meeting was held between IT Minister Aminul Haq and Japanese Ambassador Kuninori Matsuda in which issues of mutual interest were discussed between the two.

    In the meeting, Federal Minister Aminul Haq said that steps are being taken for the development of the IT and telecommunication sector in the country, adding that Pakistan’s IT and telecom sector is developing rapidly.

    The Federal Minister said that Pakistan values ​​its relations with Japan and wants to benefit from Japan’s experience in the field of technology. Islamabad: The environment is conducive for investment in Pakistan. Japanese companies should invest in the IT and telecom sector in Pakistan.

    Amin-ul-Haq said that in the first half of the financial year, IT exports increased by 40 per cent.

    On the occasion, the Japanese Ambassador said that the role of the Ministry of IT in the development of the IT and telecom sector was commendable.

  • Coworking startup Daftarkhwan raises seed funding from classified unicorn EMPG

    Coworking startup Daftarkhwan raises seed funding from classified unicorn EMPG
    • This is the second round of investment raised by the Lahore-based startup after angel investment from Walled City Co. in 2018
    • Daftarkhwan currently houses more than 1,650+ professionals across 5 locations in 3 cities

    Lahore (21 February 2022): In the latest series of funding rounds for Pakistani startups, Daftarkhwan has raised seed funding from regional classifieds giant EMPG.

    EMPG owns and operates a staggering 10 brands across 16 countries in the property and classified spaces, and reached unicorn status in 2020. In Pakistan, EMPG leads the market with Zameen.com, Zameen Developments, OLX and Lamudi.pk.

    Daftarkhwan kicked off operations in 2016 and is one of the pioneers of the coworking movement in Pakistan. What started off as an experimental 20-people coworking facility now has 5 distinct locations and hosts 1,650+ professionals across 3 cities on a daily basis. During COVID-19, Daftarkhwan grew 5X and expanded into 2 new cities. With the sites currently under development, Daftarkhwan is set to double in size once more and will host 3,000+ individuals across its facilities nationwide by Q3 2022.

    In a lot of ways, the growth of Daftarkhwan has been reflective of the growth of the startup ecosystem in Pakistan. As tech startups have grown and become key players in mainstream Pakistani economy, so has Daftarkhwan and the coworking paradigm. Over the years, Daftarkhwan has been a core driver of the startup ecosystems of Lahore and has seen such stellar member companies as Airlift, Jugnu, Unlayer and Careem, among many others, take root and take-off. The superstar Pakistani and regional startups currently operating out of Daftarkhwan have raised $570 million in investments in 2021 alone.

    “Since its inception, Daftarkhwan’s singular focus has been to help founders build and scale their businesses. Inadvertently, this has given us a front row seat to the phenomenal growth of the startup industry in Pakistan,” said Saad Idrees, the co-founder of Daftarkhwan.

    “Daftarkhwan has always taken great pride in being more than just an office for its community of entrepreneurs and innovators, and we are excited to expand this community further,” Idrees added.

    EMPG CEO Imran Ali Khan said Daftarkhwan represents Pakistani ingenuity at its best.

    “One of the key drivers of EMPG’s own success has been its investment in the right people above all else, and the team at the helm of Daftarkhwan are some of the most hard-working, ambitious and dedicated people in Pakistan’s startup ecosystem,” said Khan.

    With this seed round, EMPG joins Walled City Co as investors in Daftarkhwan as the company gears up to change how people work all over Pakistan.

  • Salaries of Airport Security Force to be increased by 15pct: interior minister

    Salaries of Airport Security Force to be increased by 15pct: interior minister

    ISLAMABAD: Minister for Interior Sheikh Rashid Ahmed has said that the government had decided to raise salaries of the Airport Security Force (ASF) personnel by 15 per cent like other civil armed forces.

    Prime Minister Imran Khan had given his approval in that regard on February 18, he said in a statement. The ASF employees would get an increase in their salary from March 1, he added.

    The minister said the prime minister had approved a 15 per cent increase in the salaries of the civil armed forces last week. The government had already announced a 15 per cent disparity allowance for the federal government employees from grade 1-19, he added.

  • Webinar on Married, But Not Excluded by PYCA

    Webinar on Married, But Not Excluded by PYCA

    Islamabad: “We recently had a troubled learning from one of our interventions that majority of the marriages of young girls result in complete disconnection from the previous life. The opportunities of staying in touch with former class fellows, continuing education, starting a career or empowerment are lost.” These were the views shared by Areebah Shahid, Executive Director Pakistan Youth Change Advocates (PYCA) while moderating a webinar “Married, But Not Excluded”.

    This webinar was organized by PYCA and inHive Global with participation from representatives of Civil Society Organizations (CSOs), Community Based Organizations (CBOs), educationists and young university going girls from all across the country.

    Madiha Nisar, MPA KP Assembly and vice president KP Women Parliamentary Caucus address the participants through a video message and shared “The age group of girls between 18 to 25 years in our society is generally considered ideal for marriage. It becomes very difficult for a girl to pursue her education or career when she is married at a young age. I can personally relate to the challenges since I got married while I was studying and the sudden change in life, adjusting to the new environment and simultaneously continuing my education was a big challenge.”

    Speaking about barriers of engaging young married women and overcoming these barriers, Qamar Naseem, Coordinator of Blue Veins shared his experiences “The challenges faced by young married women to serve as agents of change are hardly discussed on any platform. The biggest challenge we as a civil society organization face while engaging young married women is the decision making power which is in control of the in laws and male heads of the family rather with the girl herself. We make our interventions inclusive and we encourage young married to participate even if they need to bring their children along so they feel a sense of comfort.”

    Rubeha Tahir, a young development practitioner and Policy Research & Advocacy Coordinator with Pakistan Coalition for Education shared her experiences of challenges while engaging with young married girls “The biggest challenge is that girls who are married at a young age drop-out of schools and never return to the education system. Even if they do, they are treated different in the school’s environment, like outcasts. We must invest more in adult literacy programs for young married girls who have prematurely dropped-out from the school system. We should not only focus on academics but also of equipping them financial and digital literacy as well as with life-skills.”

    Kainat Fatima, a young entrepreneur from Peshawar shared her lived experiences and shared “Employment opportunities is one the biggest challenge faced by young married girls. We often see job advertisements from equal opportunity employers but they restrict married girls from applying to vacancies. For many career-oriented young girls, suitors put the condition of quitting the job or any work that the girls are doing. I have personally observed that in such situations even the girl’s family doesn’t support her choice of choosing the career. They prefer that she quits her job and gets married.”

  • Pakistan, Oman discuss advancement of bilateral naval cooperation

    Pakistan, Oman discuss advancement of bilateral naval cooperation

    RAWALPINDI: Commander Royal Navy of Oman Rear Admiral Saif Nasser Mohsen al Rahbi on Monday praised the Pakistan Navy’s contribution to maritime security.

    He expressed these views during the meeting with Naval Chief Admiral Amjad Khan Niazi in Islamabad.

    The meeting focused on issues of mutual interest and the advancement of bilateral naval cooperation.

    The Pakistan Navy’s responsibilities and capabilities were explained to the visiting dignitary.

    The visit of the Command Royal Navy Oman will assist promote bilateral collaboration, said the spokesperson for the Pakistan Navy.

    Earlier in November last year, Oman’s Ambassador to Pakistan, Omar Ahmed al Marhoon, met with Pakistani Interior Minister Sheikh Rashid Ahmed and discussed the inauguration of a ferry service between the two nations as well as methods to encourage tourism.

    Pakistan is considering launching a ferry service connecting Middle Eastern seaports to Karachi and Gwadar, foreign media reported.

    The country has long dreamed of launching a service that connects Pakistani ports with Dubai, Oman, and Iran, making it easier for passengers to travel to these locations by giving different routes.

    The private sector has also been encouraged to invest in this mode of transportation by the South Asian government.

    Pakistani interior ministry quoted Ambassador Al-Marhoon as saying that Ferry service between Pakistan and Oman will commence soon and it will boost trade and tourism between Pakistan and Oman.

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