AED Stablecoin secures approval for UAE’s first Dirham-Backed Stablecoin

By Tech Desk ⏐ 1 year ago ⏐ Newspaper Icon Newspaper Icon 3 min read

AED Stablecoin LLC has received preliminary approval from the Central Bank of the UAE to issue its stable digital currency,  AE Coin. This initiative falls…

Instagram and Facebook restored worldwide after temporary outage

By Tech Desk ⏐ 1 year ago ⏐ Newspaper Icon Newspaper Icon 2 min read

According to outage tracking website Downdetector.com, Meta Platforms’ Facebook and Instagram were fully restored for most users after an outage affecting thousands in the United…

FBR ‘again’ extends Income Tax Returns deadline for Tax Year 2024

By Tech Desk ⏐ 1 year ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The date for filing income tax returns has been extended by the Federal Board of Revenue (FBR) for the second time till October 31st, 2024.…

Internet Archive resumes operations in read-only mode after DDoS attacks

By Tech Desk ⏐ 1 year ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Internet Archive is back online in a read-only mode after suffering a series of massive DDoS attacks impacting its services last week. The platform, including…

OnePlus 13 may Outperform iPhone 16 Pro in Power Efficiency But with Limitations

By Tech Desk ⏐ 1 year ago ⏐ Newspaper Icon Newspaper Icon 3 min read

According to a new tip from a OnePlus employee, the upcoming OnePlus 13 will feature a custom next-generation Qualcomm Snapdragon chipset that surpasses the iPhone…

State Bank of Pakistan launches challenge fund to boost digitalization in SMEs

By Tech Desk ⏐ 1 year ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The State Bank of Pakistan (SBP) has unveiled a new Challenge Fund aimed at fostering technology adoption and digitalization among small and medium enterprises (SMEs).…

Siemens Pakistan announces sale of energy portfolio to Siemens Gamesa for Rs17.82 Billion

By Tech Desk ⏐ 1 year ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Siemens (Pakistan) Engineering Co. Ltd (SIEM) has declared the approval of the Board of Directors(BoD) for the sale of its energy portfolio to Siemens Gamesa…

Xiaoqin (Emma) Fan appointed as ADB’s new country Director for Pakistan

By Tech Desk ⏐ 1 year ago ⏐ Newspaper Icon Newspaper Icon 3 min read

Asian Development Bank (ADB) has appointed Xiaoqin (Emma) Fan as the new Country Director for Pakistan. “She joined the Pakistan Resident Mission today (Monday) to…

Protests erupt following alleged rape of student in Punjab College Lahore

By Tech Desk ⏐ 1 year ago ⏐ Newspaper Icon Newspaper Icon 3 min read

LAHORE: On Monday, students from the Punjab Group of Colleges (PGC) in Lahore staged a violent protest both on and off campus following allegations that…

No extension for Oct 14 tax filing deadline, affirms FBR

By Tech Desk ⏐ 1 year ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Federal Board of Revenue (FBR) announced on Sunday that the October 14th deadline for filing tax returns will remain final and will not be…

Paper-Based Transactions Decline for Second Year; Retail Payments Reach 6.4 Billion in FY24

By Tech Desk ⏐ 1 year ago ⏐ Newspaper Icon Newspaper Icon 3 min read

The State Bank of Pakistan (SBP) has recently published its payment system review for fiscal year 2024, and the statistics show that the paper-based payment…

In Fifth Flight Test, SpaceX Starship ‘Catches’ Super Heavy Booster

By Tech Desk ⏐ 1 year ago ⏐ Newspaper Icon Newspaper Icon 3 min read

On Sunday, SpaceX achieved a significant milestone during its fifth test flight of the Starship by successfully returning the rocket’s massive first-stage booster to its…

FBR Implements New Customs Values for Power Tool Imports

By Tech Desk ⏐ 1 year ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The Directorate General of Customs Valuation Karachi has set new customs values for the import of 31 distinct types of power equipment to calculate…

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