News desk, Author at Pakistan Observer

‘Constitutional meltdown’

IN a strange development, Minister for Defence Khawaja Muhammad Asif has predicted a ‘constitutional meltdown’ in the country. In a television interview, he did not…

PMDC fixes Sept 22 as date for MDCAT in Pakistan & abroad

ZUBAIR QURESHI The Pakistan Medical and Dental Council (PMDC) has decided to conduct the Medical and Dental College Admission Test (MDCAT) on September 22, 2024…

Usman shines at World C’ship with gold, stands with Palestine

Pakistani Strength lifter Muhammad Usman emerged victorious at the 11th World Strength Lifting and Incline Bench Press Championship held in Ust-Kamenogorsk, Kazakhstan. Usman, the captain…

Qatar: Revenues of Islamic finance companies increase by 7.7%

The revenues of Islamic finance companies in Qatar increased in last year by 7.7 percent, amounting to QR241.8m. The revenues of finance activities accounted for…

OJK supports Muhammadiyah’s move to establish, acquire Islamic Bank

The Financial Services Authority (OJK) has given the green light to the Muhammadiyah Muslim organization to establish or acquire an Islamic bank in Indonesia, citing…

Global sukuk issuance hits $91.9b in H1: S&P Global

Global sukuk issuances reached $91.9 billion in the first half of 2024, marking a marginal year-on-year increase of 0.87 percent, driven by issuers from Saudi…

Emirates Islamic H1 net jumps 37% to $460m; highest ever

Emirates Islamic achieved its highest ever half-year net profit, with a remarkable 37% increase to AED1.7 billion ($460 million) propelled by superior levels of both…

PM directs FBR to bring 4.9m individuals into tax net

Prime Minister Shehbaz Sharif has instructed Federal Board of Revenue officials to bring 4.9 million wealthy and affluent individuals into the tax net without placing…

PBC supports appointment of ad hoc judges

The Pakistan Bar Council on Thursday supported the appointment of ad hoc judges in the Supreme Court. According to the Pakistan Bar Council’s statement, “The…

Nawaz to consult allies before party meeting regarding ban on PTI

Fida Hussnain Lahore Pakistan Muslim League-N has speeded up efforts to take the allies into confidence regarding the actions against Pakistan Tehreek-e-Insaf, the sources close…