ISLAMABAD: The board of directors of the Sui Northern Gas Pipelines Limited (SNGPL) has agreed to waive the 66 % “Take or Pay” clause for the government-owned liquefied natural gas (LNG) plants, a senior government official said.
“In the long run, this will help reduce the capacity payments that the government has to pay to power plants even when they are not supplying electricity,” Federal Minister for Energy Hammad Azhar tweeted.
The SNGPL board has today agreed for the waiver of 66% Take or Pay clause for govt owned LNG plants. In the long run this will help in reducing the capacity payments that government has to pay power plants even when they are not supplying electricity.
The minister said the board also approved, in principle, the company’s pipeline capacity allocation for Energas for its upcoming LNG terminal that “will supply gas on a B2B [Business-to-Business] basis.”
The board of SNGPL today approved in principle. pipeline capacity allocation for Energas for their upcoming LNG terminal that will supply gas on a B to B basis. This paves the way for private sector supply and availability of LNG across the country.
Hammad said this would pave the way for private sector entities to supply the commodity to their consumers and ensure the availability of LNG across the country.
Dubai: Pakistan’s largest real estate enterprise, Zameen.com organised the Pakistan Property Event (PPE) 2021 in Dubai on December 3& 4. The event attracted a huge number of overseas Pakistanis from the gulf region who expressed a keen interest in the projects on display from Lahore, Karachi, Islamabad, Peshawar, Faisalabad, Multan and other major cities. The two-day affair showcased 125 projects, which are being marketed and sold exclusively by Zameen.com.
Zameen.com Head of UAE Region Aatif Rana, Associate Directors Project Sales Faizan Khan, Faisal Qureshi, Farough Khan, Tauqeer-Ul-Hassan, Senior Manager Marketing Rizwan Kazmi and Manager Industrial marketing Yasir Niazi and senior management was present on the occasion.
During the occasion, Aatif Rana said that the event had provided overseas Pakistanis direct access to some of the best and most promising real estate projects from their respective hometowns. He added that the event had also allowed Zameen.com to effectively present the potential of Pakistan’s real estate and construction industries to the global business district of Dubai.
Zameen.com’s Associate Director Project Sales Faisal Qureshi stated that the recent launch of several world class real estate projects in Pakistan is increasing the local property market’s net worth. Zameen.com has always made sure to showcase the best of these real estate developments to the Pakistanis living in the Gulf Region, said Faizan Khan.
Additionally, the event allowed visitors to get the latest market insights on property investment from the expert sales representatives of Zameen.com.
KARACHI: The Sui Southern Gas Company (SSGC) announced on Monday to suspend gas supply to CNG filling stations for two-and-a-half months in winter to meet the additional demand of domestic consumers.
The government decided to suspend the supply of gas to all CNG stations across Sindh and Balochistan from December 1, 2021, to February 15, 2022.
It may be recalled that CNG supply to all captive power plants of non-export industries was halted three days ago because of the rise in demand during winter.
Nevertheless, supply of gas to all the industries, including zero-rated export industries, captive power plants and fertiliser sector would continue, said a spokesperson of the SSGC.
The SSGC spokesperson said the decision was taken to overcome the gap of demand and supply and to fulfill the requirement of domestic consumers.
He said it was imperative to provide additional gas in Balochistan for the protection of human lives as gas worked as a lifeline for them. They have dire need of using different instruments of gas in low temperatures to keep themselves warm, he maintained.
Karachi: Pakistan’s leading real estate enterprise Zameen.com recently organised a 2-day-long Property Sales Event (PSE) at the Ramada Hotel in Karachi. A large number of people attended the event, however, all government sanctioned SOPs for the prevention of COVID-19 were observed by the attendees and the event organizers.
The event featured 25+ real estate projects from Karachi, Hyderabad, Sukkur and Quetta, for which Zameen.com is the exclusive sales and marketing partner, including Burj Al Jinnah, Aman Golf View, the Mega Mall and Residency, Omega Mall North Karachi, Omega Mall Airport, Oasis Park Residencia, and FalakNaz Dream Villas, Cliff Vista, Maymar Pride, Sum Sum Housing Scheme. In addition, special deals and discounts were offered to the attendees during the event.
Zameen’s Senior Director (South) Taha Mehmood was present on the occasion and was accompanied by Zameen Director Agha Israr, Associate Director Hyderabad Asim Bhatti, and Associate Directors Karachi Shoaib Anees, Asghar Ali, and Sultan Ahmed Zaman.
Speaking on the occasion, Zameen.com’s Senior Director (South) Taha Mehmood stated that the purpose of the Property Sales Events was to deliver the best and most trustworthy projects and investment advice to the public under one roof. The projects onboarded by Zameen offer potential customers the best facilities in the market and incredible investment opportunities with great returns. He added that while the COIVD-19 pandemic had affected industries across the world, including the local real estate sector, things were already looking much better, and that in the coming months the property market would present avenues for growth and profit for all.
During the event, Zameen.com’s Sales Experts took the time to present a statistical overview of the current market situation, in addition to providing information on safe and secure real estate investment opportunities in the city and beyond. The efforts of Zameen.com in this regard were appreciated by the large crowd of attendees at the event.
ISLAMABAD: The Pakistan government may reduce the prices of petroleum products from December 1, 2021 for the next fortnight, as the international oil prices registered a decline this week.
A spokesperson for the Ministry of Finance Muzzammil Aslam, in a tweet said, “Allah has been kind to Pakistan, as the global oil prices have come down. Brent prices came down to $72.91/bbl.”
“The full impact of this decline will be realised on December 15 pricing. But definitely, it will be a big relief on imports. Don’t forget, the government is suffering a loss of Rs50/litre in taxes.”
According to Reuters, the global oil prices fell $10/barrel on Friday, it’s the biggest drop the international market has witnessed since April 2020.
Previously, Adviser to the Prime Minister on Finance Shaukat Tarin had said that petrol will become more expensive, as the Pakistani rupee continues to depreciate, compared with the dollar.
Tarin had also said that if the global prices go up, then petrol will also become more affluent in Pakistan.
MULTAN: DHA Multan signed a formal Agreement with Delta Centauri Developments for development of World Class International Project, “Downtown Rumanza”, at the Rumanza Golf Club DHA Multan.
The Project would have Pakistan’s first 5 Star International Hotel Chain, Luxury Apartments, Designer Offices, shopping malls featuring International Brands, Theme Park, Stunning Waterfront Promenade, and Punjab’s Largest Skyscraper. The Project would be Pakistan’s first global standards International Resort.
The Signing Ceremony was conducted between Project Director DHA Multan, Management team of DHA Multan, and CEO of Delta Centauri Developments, Mr. Tariq Saadat.
Zameen.com, Pakistan’s largest property enterprise, has come on board as the exclusive sales and marketing partner for the venture.
The Chief Executive Officer (CEO) of Delta Centauri Developments Tariq Saadat stated that South Punjab as well as surrounding areas as of 2021 has a massive population of around 50 million, which is the size of total population of Spain or Italy. Multan is the epicentre for South Punjab and this Project will be the centre of gravity for Multan.
International brands have been signed up to be part of this phenomenal Mega Project which will not only change the dynamics of South Punjab but also the future landscape of Pakistan. The Project’s location is on the beautiful 18-hole Rumanza Golf Course designed by World Class renowned Golfer, Nick Faldo. The complete Project is whole owned, developed, and sold by Delta Centauri Developments. It will offer breath-taking views of the stunning greenery and lakes to the international visitors and residents of this Project.
Mohammad Nawaz struck a boundary off the last ball to help Pakistan win a nail-biting third T20I by five wickets to whitewash Bangladesh 3-0 at their home.
The third contest entered an interesting phase after Bangladesh contained Pakistani batters in the last two overs. Eight runs were required off the last over when Bangladeshi skipper Mahmudullah came to bowl.
Sarfaraz Ahmed, who was making his comeback after a long hiatus, missed the first ball followed by his wicket at deep midwicket. His partner Haider Ali, who was playing on 45, got out on just the next ball to give Mahmudullah a hat-trick chance.
Iftikhar Ahmed saved Pakistan by hitting a six after which they needed two off two balls. Mahmudullah once again made comeback by picking up Iftikhar in a pressure situation. But, Nawaz struck the only boundary to hand Pakistan a nervous victory.
Mohammad Rizwan made 40 runs off 43 balls including two boundaries and a six.
Mahmudullah bagged three wickets, while Shohidul Islam and Aminul Islam shared a wicket apiece.
Earlier, Pakistani bowlers got hold of Bangladesh as they managed to score just 124-7 in 20 overs.
In a dead rubber contest, Bangladesh decided to bat first after winning the toss. Their opener Mohammad Naim was the only prominent run-scorer as he scored 47 runs off 50 balls including two boundaries and a six. He fought well but Bangladesh fell to a paltry total.
Shamim Hossain made 22 runs off 23 balls with the help of four boundaries. Afif Hussain scored 20 runs spread over two sixes.
For Pakistan, Mohammad Wasim Jr and Usman Qadir bagged two wickets each while Shahnawaz Dahani and Haris Rauf shared a wicket apiece.
Mohammad Rizwan earned a player of the series award, while Haider Ali got player of the match award.
OLX Mall, the E-Commerce platform of OLX Pakistan, and MoltyFoam signed up a landmark partnership agreement offering customers exclusive deals on a portfolio of 100+ mattresses and bedding accessories available on the OLX Mall.
A signing ceremony was held at OLX Pakistan’s head office in Lahore which was attended by the senior management of both institutions. Adil Anver – Associate Director (Commercial & Growth), Muhammad Jawad – Senior Marketing Manager, Maha Athar Butt – Category Lead Lifestyle at OLX Pakistan; and Mr. Muaaz Zubairi – Deputy Manager Digital & Ecommerce, Mr. Waqas – Ecommerce & Social Media Officer at Master Group of Industries attended the ceremony.
Adil Anver, Associate Director – Commercial & Growth at OLX Pakistan said: “We are delighted to establish this partnership with MoltyFoam, which is aimed at bringing our customers the best and biggest offers on 100+ MoltyFoam products on OLX Mall. This partnership provides OLX Mall and MoltyFoam the opportunity to serve our customers in a better way.”
The new partnership not only serves as a pathway for strengthening the bond between the two organizations and but also offers great opportunities for OLX Mall’s customers across Pakistan to take advantage of the best offers on all MoltyFoam products.
Zara Tareen is a model, actor, and photographer from Pakistan. She is an outstanding actor as well as a lovely model.
She has participated in a few dramas as a supporting character and has wowed everyone with her acting abilities. Zara Tareen also played Zuleikha Tayi in the drama series ‘Mushk’.
Faran Tahir is a well-known American actor. He was born into an artistic household in Los Angeles.
His parents, legendary actor Naeem Tahir and radio broadcaster Yasmeen Tahir, and grandparents, novelists Imtiaz Ali Taj and Hijab Imtiaz Ali, are his grandparents.
Zara was pictured all dolled up in her Mehndi dress as she beamed ear to ear her husband-to-be in a thread of images provided by younger sister Hira Tareen.
Zara kept her look modest for the event, opting for a claret-red lehenga for her great day. Farhan, on the other hand, donned a cream shawl and a boski kameez shalwar.
Faisalabad: The Project Director of Sitara Heights Mazhar Abbas recently announced his decision to award a 3-bedroom apartment in Faisalabad’s tallest building, Sitara Icon Tower, to cricketer Asif Ali in recognition of his incredible performance against Afghanistan during the ongoingICC Men’s T20 World Cup 2021. The match saw Ali hit four sixes in the last over to help Pakistan to victory.
According to Sitara Heights’ management, the apartment is a gift for the star player as he hammered four sixes in the final over of the match, leading the Pakistan Cricket team to their third consecutive victory in the tournament. Zameen.com’s Senior Director Sales (Central) Sheikh Shuja Ullah Khan took the opportunity to express his gratitude to the Sitara Heights’ management for their kind gesture.
It is pertinent to mention here that Zameen.com is the official sales and marketing partner for the Sitara Icon Faisalabad project. In order to present the apartment to Ali, Zameen.com and the management of Sitara Heights will be arranging a ceremony upon the cricket team’s return to the country. The ceremony will feature some of the country’s most prominent and influential personalities.
Sitara Heights Project Director Mazhar Abbas stated that Asif Ali had earned a place in the public’s hearts with his outstanding performance against New Zealand and, in particular, against Afghanistan. As a reward for his achievements, he will be gifted a 3-bedroom apartment in Faisalabad’s premier residential apartment complex, Sitara Icon Tower. He further stated that this tradition will continue in the future for every Pakistani sportsperson that performs exceptionally well in international competitions.
Zameen.com Senior Director Sales (Central) Sheikh Shuja Ullah Khan remarked that the national cricket team of Pakistan had made the country proud with its consecutive victories against India, New Zealand, and Afghanistan. He added that Sitara Heights’ decision to recognize Asif Ali for his outstanding performance was quite commendable and he thanked them for taking the initiative to award Ali an apartment in Sitara Icon Tower.
Technology Keeda 