Art council arranged live screening of match

Arts Council of Pakistan arranged live screening of cricket match between arch rivals; Pakistan and India. Attendees wore cricket team’s t.shirts to express their love for team players. Pakistan elected to ball first after winning toss. Aggressive batting from Indian side didn’t minimize the excitement of cricket lovers present in auditorium and they keep on enjoying the match with sportsmen spirit.

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UIT holds National Science and Innovation Fair 2019

Usman Institute of Technology (UIT) affiliated with NED University of Engineering & Technology, Karachi, partnered with the Pakistan Science Club (PSC) to hold the National Science and Innovation Fair 2019 (NSIF19) which included the concurrent events of IEEE YESIST12 and IEEE SPECTRUM’19 which were held at the UIT Karachi campus.

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5th Color & Chem Expo: Chinese companies interested in JVs for dyestuffs manufacturing in Pakistan

Two-days 5th Color & Chem Expo was inaugurated by Mr. Almas Hyder, President, Lahore Chamber of Commerce & Industry alongwith Abdul Rahim Chughtai, Patron-in-Chief PDCMA, Khawaja Khawar Rasheed, President Lahore Region of PDCMA, Mr. Tian, Chairman CIDA, Rashid-ul-Haq, Director Event and Conference International, the organizer company of expo in Lahore today.

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UIT Alumni organize Thalassemia awareness event

Usman Institute of Technology (UIT) affiliated with NED University of Engineering & Technology, Karachi, recently held an event organized by UIT Alumni, Mr. Tehseen Ahmed, Mr. Yasir Ahmed and Mr. Saifullah Khan. The event was collaboration with the Help Transform Welfare Organization (HTWO) and Sahira Foundation to raise awareness about Thalassemia, a blood disease that is on the rise in Pakistan.

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Peshawar team wins Rs 1 million in StartUp Cup

Entrepreneurs can change the way we live and work. Their innovations often improve our standard of living. Their entrepreneurial ventures create wealth and also jobs, as well as the conditions for a prosperous society. This is the reason the U.S. Embassy partnered with the youth of Pakistan in StartUp Cup, a competition in which Pakistani entrepreneurs compete for support for their business ideas.

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Pakistan’s Liquid Foreign Reserves Position

The total liquid foreign reserves held by the country stood at US$14,826.9 million on 03June2019.The break-up of the foreign reserves position is as under:-

Foreign reserves held by the State Bank of Pakistan : US$ 7,807.2 million

Net foreign reserves held by commercial banks : US$ 7,019.7 million

Total liquid foreign reserves                  : US$ 14,826.9 million

During the week ending 03June2019, SBP’s reserves decreased by US$55 million to US$7,807.2 million, due to payments on account of external debt servicing.

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