Day: June 1, 2022

Madison Realty Capital Receives Strategic Minority Investment from ICONIQ

Expanded Partnership with ICONIQ Will Help Accelerate Firm’s Continued Growth NEW YORK, June 01, 2022 (GLOBE NEWSWIRE) — Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, today announced that ICONIQ Investment Management (“ICONIQ”) has made a strategic minority investment in the firm that will advance […]

D’Addario Designates June 6, 2022, as #WorldStringChangeDay

Celebrate World String Change Day! FARMINGDALE, N.Y., June 01, 2022 (GLOBE NEWSWIRE) — D’Addario, the world’s premier guitar string maker, is proud to announce the inaugural celebration of #WorldStringChangeDay on Monday, June 6, 2022. As the world leader in guitar string innovation and quality, D’Addario is inviting musicians around the globe to celebrate the ritual […]

First CE-IVD marked AI solution for prognostic risk stratification of breast cancer patients.

Stratipath, a global leader in AI-based precision diagnostic solutions, today announced that its AI software for prognostic risk stratification of breast cancers, Stratipath Breast, is now CE-IVD marked. Stockholm, Sweden, June 01, 2022 (GLOBE NEWSWIRE) — Stratipath, a global leader in AI-based precision diagnostic solutions, today announced that its AI software for prognostic risk stratification of breast cancers, Stratipath […]

Pakistan Navy Personnel conferred Military Awards 

Karachi, June 01, 2022 (PPI-OT):In an impressive Investiture Ceremony held at Karachi, Chief of the Naval Staff Admiral Muhammad Amjad Khan Niazi conferred military awards upon Pakistan Navy personnel. The recipients of Sitara-i-Imtiaz (Military) were Cdre Muhammad Asad Iqbal, Cdre Rehan Ali, Cdre Muhammad Ashraf, Cdre Chaudhary Haroon Ali, Cdre Muhammad Mursaleen, Cdre Abid Hussain and Capt Zeeshan Ali. The recipients of Tamgha-i-lmtiaz (Military) were Capt Hameed Sultan, Cdr Zafar Abbas Wahla, Cdr Jahanzaib Ali, Cdr Muhammad Abrar Younas, Lt Cdr Beenish Ejaz, Lt Cdr Muhammad Sumair Irshad and Lt Cdr Muhammad Fahim. The recipients of Tamgha-i-Basalat were Lt Cdr

Senator Faisal Javed Chairs Senate Standing Committee on Information and Broadcasting 

Islamabad, June 01, 2022 (PPI-OT):Senate Standing Committee unanimously passed the “The Access of Media (Deaf and Dump) Person bill 2022”. Senator Saleem Mandviwala sponsored the bill. The Bill for the Protection of Journalists, passed by the previous government should be implemented as soon as possible, Chairman Committee Senator Faisal Javed The Chairman Committee also sought details from the ministry, all the FIRs orchestrated against the renowned senior Anchorperson/Journalists. Senator Faisal Javed implored the ministry to present before the committee, all the details of Ad spending from 2008-till now. The Ministry was also told to table detail and reasons for the

Prime Minister visits mausoleum of Mustafa Kemal Ataturk in Ankara 

Islamabad, June 01, 2022 (PPI-OT):Prime Minister Shehbaz Sharif visited the mausoleum of Mustafa Kemal Ataturk in Ankara today (Wednesday). He, along with his delegation, laid floral wreath on the grave of Mustafa Kemal Ataturk. For more information, contact: Ministry of Information and Broadcasting Government of Pakistan 4th Floor, Cabinet Block, Pak. Secretariat, Islamabad, Pakistan Tel: +92-51-9103557 Email: Website:

SECP registers 1,906 new companies in May 2022

Islamabad, June 01, 2022 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) registered 1,906 new companies in May 2022, raising the total number of registered companies to 169,919. This shows an increase of 19% as compared to corresponding period last year. Total capitalization (paid-up-capital) with regard to newly incorporated companies for the current month stood at Rs3.5 billion. Foreign investment has been reported in 51 new companies from Afghanistan, Bangladesh, Canada, China, Germany, Italy, Korea South, Norway, Poland, Romania, Singapore, Sri Lanka, Thailand, the UK and the USA. In May, about 63 percent companies were registered as private limited companies,

Senator Haji Hidayatullah Khan Presiding over a meeting of the Senate Standing Committee on Housing and Works 

Islamabad, June 01, 2022 (PPI-OT):Meeting of the Senate Standing Committee on Housing and Works was held under the Chairmanship of Senator Haji Hidayatullah here at the Parliament House on Wednesday. The Senate Standing committee on Housing and Works on Wednesday was informed that due deliberation was made on the allotment and Quota Policy of the Federal Government Employees Housing Authority (FGEHA) by legal team of (FGEHA)/Ministry of Housing and Works before sending the case to Cabinet. The revised Allotment and Quota Policy was submitted before the cabinet on 29th-10-2021 and the Federal Cabinet granted approval on 02-11-2021. After approval from

Deputy Chairman Senate, Mirza Muhammad Afridi and Senators are attending the One-Day Seminar regarding Pre-Budget analysis of the upcoming Federal budget 2022-2023, at Parliament House Islamabad

Islamabad, June 01, 2022 (PPI-OT):One day Seminar regarding Pre-Budget Analysis of the Federal Budget, Jointly Organized by the Social Policy and Development Centre (SPDC) and the Senate Secretariat for the members of Senate was held today at Parliament House. Secretary Senate, Muhammad Qasim Samad Khan welcomed the participants and appreciated the efforts of SPDC for creating better understanding of the budget process. SPDC’s chief economist Mr. Muhammad Sabir briefed the participants about significance of Federal Budget explaining different factors involved, Such as Tax revenues (income tax, corporation tax, and import taxes), proposed spending/expenditure of the government, economic policy and development