Commercial Banks Are Force-converting Savings Accounts Into Islamic Accounts

A report shared by ProPakistani has claimed that the banks in Pakistan are forcefully converting the savings accounts to Islamic accounts in order to...

Government Jacks Up Sales Tax Rate to 18%

The government has increased the general sales tax (GST) rate from 17% to 18% effective immediately from 15th February 2023. In this regard, the...

Government Hikes Prices of Petroleum Products Amid Economic Turmoil

In an attempt to appease the International Monetary Fund (IMF), the government has increased the price of petroleum products in Pakistan to a record...

WhatsApp CEO Takes a Dig at Telegram Over Lack of Encryption

The CEO of WhatsApp, Will Cathcart, has recently criticized Telegram over its security practices. He said that the lack of end-to-end encryption makes it...

Dubai Plans to Launch Flying Taxis As Early As 2026

Dubai is again planning to launch flying taxis in the futuristic city by the year 2026. Dubai’s ruler, Sheikh Mohammed bin Rashid Al Maktoum,...

ECC Approves 124% Hike in Gas Tariff to Unlock IMF’s Deal

In order to strike a deal with the International Monetary Fund (IMF), the Economic Coordination Committee (ECC) of the Cabinet has approved up to...