Meezan Bank leads Rs. 1 bln syndicated Islamic finance Facility for 7 MW solar power project

ISLAMABAD:Meezan Bank, Pakistan’s leading Islamic bank and Burj Solar Energy Private Limited (BSEPL) has announced the financial close of Rs. 1 billion syndicated Islamic finance facility for BSEPL’s portfolio of renewable distributed power generation in Pakistan. The first tranche of Rs. 580 million will be used to finance the construction of 7 MW solar power […]

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China’s Guangzhou to suspend in-person school classes over COVID-19

GUANGZHOU, April 11 (Xinhua/APP):The southern Chinese metropolis of Guangzhou Sunday announced the suspension of in-person classes at local primary and middle schools starting April 11 for COVID-19 control. From 8 a.m. Saturday to 2 p.m. Sunday, the city has registered 22 local infections amid its latest COVID-19 outbreak starting from Friday, said local authorities during […]

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IHC issues clarification regarding urgent petitions

ISLAMABAD:The Islamabad High Court (IHC)’s registrar office on Monday issued a clarification regarding filing of petitions on emergency basis after the court timing. The IHC had prepared a mechanism for submission of very important petitions after the court timing. The two circular were issued on November 11, 2019 and February 10, 2021 in this regard. […]

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Tropical storm Megi leaves 1 dead, 1 missing in Philippines

MANILA, April 11 (Xinhua/APP):A tropical storm in the Philippines unleashed floods and set off landslides over the weekend, leaving at least one dead and one missing, the government said on Monday. A government disaster agency said tropical storm Megi, which made landfall in the central Philippine province on Sunday morning, has also affected over 136,000 […]

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Babar Azam becomes first player to win ICC Player of the Month award twice

ISLAMABAD:Pakistan skipper Babar Azam has become the first player to win the International Cricket Council (ICC) Men’s Player of the Month award on two occasions, the ICC announced on Monday. The 27-year-old Babar was previously crowned in April 2021. He scoops the latest Men’s award following a number of thrilling batting displays in Pakistan’s multi-format […]

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Shehbaz Sharif takes oath as Prime Minister

ISLAMABAD:Pakistan Muslim League-Nawaz President Muhammad Shehbaz Sharif Monday took the oath as the Prime Minister of Pakistan. Acting President and Senate Chairman Sadiq Sanjrani administered the oath of office to the newly-elected prime minister, after winning a vote of no confidence in the National Assembly. The ceremony was held here at the Aiwan-e-Sadr and was […]

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