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Chinese, Pakistani enterprises sign MoU to build potato starch plant in Pakistan

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NNPS Desk
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pak china

BEIJING, June 11 (APP): In a significant move towards strengthening economic ties between Pakistan and China, leading enterprises from both countries Henan Ruzhou Ideal Starch and KASB Corporation of Pakistan, signed a Memorandum of Understanding (MoU) to construct a state-of-the-art potato starch plant in Pakistan.

This strategic partnership aims to leverage the abundant potato resources available in the region and cater to the growing demand for this versatile agricultural product, said Ghulam Qadir Trade and Investment Counsellor at the Embassy of Pakistan in China.

Ghulam Qadir Trade and Investment Counsellor said after the fruitful visit of Prime Minister of Pakistan Mian Muhammad Shehbaz Sharif to China, business-to-business collaboration is enhancing.

This MoU will harness the expertise and technological prowess of the Chinese partners, ensuring the efficient and sustainable production of high-quality potato starch. This venture is expected to not only bolster Pakistan’s agricultural sector but also contribute to the region’s overall economic development, China Economic Net (CEN) reported.

According to the MoU between the two enterprises memorandum of understanding will provide a new cooperation mechanism for both parties, covering knowledge sharing, technology transfer, capacity building, project management, and investment promotion in the fields of agriculture and processed products.

MoU further describes that both parties fully utilize the years of experience accumulated in the fields of agriculture and processed products, leveraged by the currently favorable bilateral business environment between China and Pakistan, to pledge to the project landing in Pakistan.

Henan Ruzhou Ideal Starch and KASB Corporation of Pakistan will work hard together to become the first successful potato deep processing project cooperation between China and Pakistan.

Governor Punjab honors Dubai-based Pakistani journalist Syed Mudassar Khushnood

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NNPS Desk
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Governor Punjab

ISLAMABAD, Jun 11 (APP): Governor Punjab Sardar Saleem Haider Khan presented the Best Journalist Award to Syed Mudassar Khushnood, a prominent Pakistani journalist based in Dubai, United Arab Emirates (UAE), at a prestigious ceremony organized by Pakistan Peoples Party (PPP) Gulf and the Middle East in Dubai.

On this occasion, PPP Gulf and Middle East President Mian Munir Hans praised Syed Mudassar Khushnood, emphasizing that he is recognized as the number one journalist in the United Arab Emirates, particularly in Dubai.
His extraordinary services have brought immense pride to Pakistani journalists in the UAE.

The award, presented personally by the Governor of Punjab, recognizes Syed Mudassar Khushnood’s role as an important bridge between the UAE and Pakistan.

Syed Mudassar Khushnoud has been honored with numerous awards in the past, cementing his reputation as the best journalist in the UAE, including the region.

Syed Mudassar Khushnood is the first Pakistani journalist in the UAE to receive a 10-year golden visa and the highest immigration award from the UAE government.

His services in promoting the positive image of Pakistan and serving the Pakistani community in the Emirates have been widely recognized.

Speaking at the event, PPP Middle East and Gulf President Mian Munir Hans reiterated that Syed Mudassar Khushnood is ranked first among the top ten journalists in the UAE. He called Khushnood an ambassador for the country while highlighting his significant impact on journalism.

Talking to the media on this occasion, Governor Punjab Sardar Salim Haider Khan said that his party believes in freedom of the press and he has no role in the recent passing of the Punjab Defamation Bill 2024.

The event highlights Syed Mudassar Khushnoud’s outstanding achievements and dedication to journalism, further cementing his position as the number one journalist in the UAE.

KP Governor expresses grief over death of Levies personnel in DI Khan accident

By
Zaka Ullah Ch
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Governor KP
PESHAWAR, Jun 11 (APP): Governor Khyber Pakhtunkhwa Faisal Karim Kundi on Tuesday expressed grief over death of levies personnel in a road accident in Tehsil, district DI Khan and injuries to several other passengers.
In his message, the Governor expressed deep sorrow over this tragic incident and condoled with the bereaved family of the deceased Levies personnel and prayed courage for them to bear the loss with fortitude.
Kundi also extended best wishes for the speedy recovery of the injured passenger and directed the concerned authorities to provide them with the best medical facilities.

Kerb currency market

By
Ali Ali
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KARACHI, Jun 11 (APP):Following were the Opening Rates of foreign currencies in the kerb market issued by the Exchange Companies Association of Pakistan, here on Tuesday.
F.C.                         BUYING        SELLING
INTER BANK              278.25         278.35
USD                          277.75         280.50
EURO                        296.45         299.40
GBP                           350.70        354.20
JPY                              1.74            1.78
AED                            75.15          75.90
SAR                             73.10         73.83
CAD                            199.80       203.30
AUD                            180.60       183.60

Media Minister visits SDAIA pavilion at Hajj Media Hub

By
Zaka Ullah Ch
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Media Minister
MAKKAH, Jun 11 (APP): Minister of Media Salman bin Youssef Al-Dosari, visited the pavilion of the Saudi Data and Artificial Intelligence Authority (SDAIA), participating in the Hajj Media Hub held at the Makkah Chamber Exhibitions and Events Center.
 The SDAIA participation comes as a digital enabler through a pavilion that includes various digital products in the field of data and artificial intelligence.
The Minister was briefed on the digital services and applications that SDAIA has harnessed to support government agencies working in serving the pilgrims, starting from their arrival in the Kingdom, through their performance of the Hajj rituals, until departure to their countries with reassurance and ease.

Minister of Media launches Hajj Media Hub Initiative in Makkah

By
Ali Ali
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Makkah, Jun 11 (APP):Minister of Media, Salman bin Youssef Al-Dossary has inaugurated the first version of the “Hajj Media Hub ” initiative, which is held in Makkah June 10 to16 in a strategic partnership with the Ministry of Hajj and Umrah and the Pilgrim Experience Program.
The hub is part of the initiatives of the Year of Media Transformation, which was announced by the minister of media three months ago at the third annual “Saudi Media Forum.”
 The Hajj Media Hub aims to provide an integrated media environment to support media professionals in completing their coverage during the Hajj season 1445 AH.
More than 150 local, Arab, Islamic, and international media outlets, and more than 1,500 local and international media professionals are expected to benefit from the hub’s services.
The hub is distinguished by the establishment of 11 supportive media areas, an interactive media exhibition highlighting the services provided to pilgrims, a headquarters for news conferences, a media center with integrated services, various studios, vehicles for direct injection of media materials, and the Virtual Press Center (VPC), where a specialized team participates in presenting via an interactive screen, providing continuous updates and services around the clock throughout the forum’s working days.
The hub brings together all media agencies to support the work of all media figures and outlets and provide modern technologies to achieve more innovation in local and international media coverage during the Hajj season.
This comes in an environment full of interactive technologies and reflects the major transformation in the services provided to pilgrims. The hub also narrates the most prominent projects and achievements provided to serve the two holy mosques and their visitors and future projects in the holy sites.

Masood Khan urges Pakistani-American business leaders to invest in Pakistan to boost its economy

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NNPS Desk
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Masood Khan

NEW YORK, Jun 11 (APP): Pakistan’s Ambassador to the United States, Masood Khan, has urged leading Pakistani-American entrepreneurs, executives and business leaders to invest in their motherland to advance the goals of its economic development.

The ambassador also urged them to rise above their differences and focus on strengthening Pakistan economically.

“Vital interest of Pakistan should be protected at all costs,” he told ‘OPEN Global Retreat 2024’, a platform for the Pakistani diaspora to connect, collaborate, and explore opportunities to contribute to their homeland’s progress while strengthening ties between Pakistan and the United States.

The event was held in New York City from June 7 to 9.
“Do not believe in doom and gloom stories; have faith in your motherland. There is bright light ahead. Invest in Pakistan,” he said, urging the diaspora to reject cynics and embrace the country’s potential.

Speaking on the occasion, Abu Bakar, OPEN Global President and a business leader, briefed on OPEN’s progress under his presidency, and outlined its future programmes. OPEN’s New York President, Tariq Khan, and OPEN’s Chicago President, Amir Chalisa, are also spoke.

Founded in 1998 in Boston, OPEN Global has grown into a global movement, with 17 chapters across four continents spanning across major cities worldwide, including Boston, New York, Silicon Valley, Washington D.C., Houston, Dallas, Islamabad, Karachi, Lahore, London, and Toronto.

The ambassador paid tributes to OPEN’s leadership for fostering a vibrant community of professionals., saying, “OPEN has become a brand.”
“If OPEN has faith in Pakistan, everyone have faith in Pakistan, ” he added.
Emphasizing the pivotal role of Pakistani-Americans as a “connective tissue” between Pakistan and the United States, Masood Khan said, “If all other linkages fail, Pakistani-Americans will hold this relationship together.”

Pakistan-US relations, he said, had navigated through difficulties.
“Now is a good time and opportunity to build economic partnership,” the Pakistani envoy said, adding both countries had proved naysayers wrong who claimed there was no future for the bilateral relationship after the U.S. withdrawal from Afghanistan.

He said priority sectors for investment were: IT, energy (green and renewable), agriculture (corporate farming), and the extractive industry, In that regard, the ambassador also outlined the government’s agenda of reforms, regulatory improvements, and efforts to enhance the ease of doing business.

Other speakers were: Dilawar Syed, Deputy Administrator of the Small Business Administration (SBA), Sabir Sami, Global CEO of KFC, and Shakir Moin, President of MarkePng, Coca-Cola North America shared their insights.

Entrepreneurs like Jabran Niaz (CEO, Utopia Deals), Naveed Sherwani (Chairman, President & CEO, RapidSilicon), Tariq Farid (Founder & CEO, Edible), Najeeb Ghauri (Founder & CEO, NETSOL Technologies Inc.), Akif Tarique (Global Head of Insurance Practice, Visionet Systems Inc.), Tahir Javed (CEO & President, Riceland Healthcare), Hassan Ahmed (CEO, Co-Founder & Chairman, Sway AI), Farrukh Usman (Founder & CEO, Byonyks Medical Devices, Inc), and Umber Ahmed (Founder & CEO, Mah-Ze-Dahr Bakery) shared their success stories.

A number of speakers shared their experiences of conducting business ventures in Pakistan, saying they were optimistic about the country’s future prospects, with its human resources, technological advancements, energy sector, manufacturing capabilities, mineral wealth, and agricultural prowess, among other domains.

The speakers urged successful entrepreneurs to give back to their beloved motherland and fellow compatriots, emphasizing the importance of reinvesting in the nation’s growth and development.

IRSA releases 295,100 cusecs water

By
Ali Ali
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IRSA
ISLAMABAD, Jun 11 (APP):Indus River System Authority (IRSA) on Tuesday released 295,100 cusecs of water from various rim stations with inflow of 197,900 cusecs.
According to the data released by IRSA, the water level in the River Indus at Tarbela Dam was 1452.71 feet and was 54.71 feet higher than its dead level of 1,398 feet. Water inflow and outflow in the dam was recorded as 72,100 cusecs and 140,000 cusecs respectively.
The water level in River Jhelum at Mangla Dam was 1186.05 feet, which was 136.05 feet higher than its dead level of 1,050 feet. The inflow and outflow of water was recorded at 40,700 cusecs and 70,000 cusecs respectively.
The release of water at Kalabagh, Taunsa, Guddu, and Sukkur was recorded as 178,000, 150,800, 118,700, and 69,500 cusecs respectively. Similarly, from River Kabul, a total of 51,800 cusecs of water were released at Nowshera and 5,000 cusecs were released from River Chenab at Marala

Hospital waste management training held

By
Ali Ali
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0
SARGODHA, Jun 11 (APP):The district health authority in collaboration with the PMA and the Private Hospital Association of Sargodha conducted the 16th training session regarding hospital waste here on Tuesday.
In the training, Chief Executive Officer Health Dr Muhammad Aslam Asad,Program Director District Health Development Center Sargodha,Dr Ayesha Wajid, Infection Control Department Sargodha Faisal Rasheed,School Health and Nutrition Supervisor Ijaz Ahmad Bhatti and Nurse Dr Faisal Masood Teaching Hospital Sargodha Effat Mumtaz participated.
More than 50 sets consisted of 650 employees of private hospitals; diagnostic centers have undergone the crucial training.
In the session, more than 30 doctors, nurses and class IV employees from various private healthcare facilities received comprehensive training.

World Bank approves additional $1 billion for Dasu Hydropower Project

By
Ali Ali
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0
ISLAMABAD, Jun 11 (APP):In what can be termed a significant development for much-needed financing to generate clean, green, and economically affordable hydel electricity in Pakistan, the World Bank has approved additional financing to the tune of $ 1 billion for Dasu Hydropower Project, being constructed by WAPDA on River Indus.
This is the single largest financial facility provided by the World Bank for a project in Pakistan, said a press release issued on Tuesday.
This facility comprises concessional financing through the World Bank arms of IDA and IBRD.
Approval to this effect was accorded by the World Bank in its meeting. This additional financing by the World Bank reflects the trust the Bank reposes in WAPDA’s financial strength and professional expertise for the successful implementation of mega projects in the Water and Hydropower sectors.
It is important to note that the World Bank is already providing financial support of US$ 588 million and a partial credit guarantee of US$ 460 million for the construction of the Dasu Hydropower Project.
At present, WAPDA is constructing eight mega projects worth US$ 26 billion to add 9.7 million feet (MAF) to the water storage and double its hydel generation capacity from 9,500 to 20,000 megawatt (MW) during the next five years.
WAPDA has devised an innovative financial strategy for the construction of these projects with less reliance on the national exchequer by exploiting its own financial strength. Dasu is one of these under-construction projects.
The 4320 MW-Dasu Hydropower Project is being constructed on the River Indus, upstream of Dasu Town in the Upper Kohistan District of Khyber Pakhtunkhwa Province. The Project is planned to be completed in two stages – each stage having a generation capacity of 2160 MW.
At present, WAPDA is constructing Stage-I of the Project. After the successful diversion of the River Indus last year, construction work is continuing simultaneously on key sites of the Project. Stage-I of the Dasu Hydropower Project will start electricity generation in 2026. It will contribute 12 billion units per annum to the National Grid.
Stage-II will also provide another 9 billion units to the system every year.
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