WASHINGTON, April 29, 2024 (GLOBE NEWSWIRE) — On April 22, 2024, EB5 Capital, along with Invest in the USA (IIUSA), the national EB-5 trade association serving the majority of active Regional Centers, and ten other Regional Centers, filed a lawsuit against the United States Citizenship and Immigration Services (USCIS). The lawsuit, Civitas Capital Group et al. […]
Day: 29 April 2024
Arqit announces collaboration to deliver out-of-the-box post-quantum cryptography solutions
LONDON, April 29, 2024 (GLOBE NEWSWIRE) — Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, today announced the creation of the World’s First Quantum-Safe, 1.89 Tb IPsec products collaborating with Intel. Arqit and Intel have joined forces for out-of-the-box post-quantum cryptography solutions using Arqit’s Symmetric Key Agreement Platform (SKA-Platform™) running on Intel Xeon Scalable processors. Combining […]
Pakistan Considering Digital Currency Adoption, Says Aurangzeb
Pakistan is considering the possibility of introducing digital currency within its borders, Finance Minister Muhammad Aurangzeb said during a session of the World Economic Forum (WEF) on Sunday.
Speaking at the event, Aurangzeb briefly discussed Pak…
Gold Price in Pakistan Drops Slightly After Big Decline Last Week
According to data issued by the Karachi Sarafa Association, the price of gold (24 carats) increased by Rs. 1,100 per tola to Rs. 242,000, while the price of 10 grams registered an increase of Rs. 943 to Rs. 207,476.
Last week, the price of the preci…
Inquiry Panel Advises FBR to Form Enforcement Force to Implement Track and Trace System
The Tariq Bajwa-led inquiry Committee has proposed the Federal Board of Revenue (FBR) to establish a dedicated enforcement force for the Track and Trace project whose sole task should be to carry out effective enforcement which is critically needed f…
IMF Board Approves Release of $1.1 Billion Loan for Pakistan
The Executive Board of the International Monetary Fund (IMF) Monday completed the second review of Pakistan’s economic reform program supported by the IMF’s $3 billion Stand-By Arrangement (SBA).
The Board’s decision allows for an immediate disburse…
SBP Keeps Interest Rate Unchanged 7th Time in A Row Ahead of IMF Board Meeting
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at 22 percent.
The announcement came after a meeting of the bank’s Monetary Policy Committee (MPC) today.
At its meeting today, th…
NA Passes Tax Laws Amendment Bill 2024
The National Assembly passed the Tax Laws (Amendment) Bill, 2024 on Monday which would give the legislative effect to the taxation proposals of the federal government.
The bill was taken by the House as the supplementary agenda and Federal Minister …