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Articles for tag: Aurangzeb, blue, Changer, economy, Finance, game, Minister, Pakistan

November 7, 2025

News Desk

Blue economy will be a ‘game changer’ for Pakistan: Finance Minister Aurangzeb

Finance Minister Muhammad Aurangzeb addressing the Maritime Conference, November 4, 2025. — Screengrab via Geo News Target $100 billion by 2047 from about $1 billion today. Seafood exports were targeted at $2 billion in 3-4 years. Ports, logistics upgrades for development. Finance Minister Muhammad Aurangzeb said Pakistan’s blue economy will be a game-changer for the country, backed by a clear roadmap and ambitious targets set by the Ministry of Maritime Affairs. Speaking at a virtual maritime conference, Finance Minister Muhammad Aurangzeb said Pakistan’s starting point in the blue economy sector is “quite modest”, contributing about 0.4% to 0.5% of the

FDA gives the nod to the first drug Schizophrenia “Game Changer” after 30 years

The US Food and Drug Administration (FDA) approved an innovative drug, Cobenfy (Xanomeline and Trospium Chloride), to treat schizophrenia in adults. Unlike traditional antipsychotic drugs targeting dopamine receptors, Cobenfy focuses on cholinergic receptors, offering a new approach to management of this impairment. Schizophrenia, a serious chronic disease, affects about 1% of the American population and is one of the top 15 causes of disability worldwide. The disorder is known for causing psychotic symptoms such as illusions, illusions and reduced thinking, significantly affecting the quality of life. In Pakistan and worldwide, schizophrenia is a serious concern, with patients often facing social

September 10, 2024

News Desk

Thar coal is called a game changer for economy

Islamabad: Private Power and Infrastructure Board (PPIB) Director General Coal Said Ali Nawaz remarked that Thar coal is truly a game changer for Pakistan’s economy as the country has spent $6 billion on coal imports in the last three to four years. “Over the next five years, we could reap the full benefits as the base load shifts to Thar coal. This will reduce power prices and have an overall impact of Rs2 to Rs3 on the basket price through the conversion of three imported units based on carbon,” he said. Nawaz was addressing a seminar on “Leveraging Domestic Coal

June 10, 2024

News Desk

Industrial policy is a game changer

Islamabad: Contrary to popular belief, if we just go by the numbers and add up the incomes of our 250 million population, we come up with an annual $375 billion, which is about $1,500 per capita per year or $125 monthly or $4 daily income. The world population is 8 billion and we make up about 3% of the world’s population. By comparison, the world’s total income is $100 trillion, of which our share is about 0.4%. Global imports are $32 trillion and our exports are $32 billion, or 0.1%. Even though we find some of our people in the

Israeli president says Saudi normalization could be ‘historic game changer’

Israeli President Isaac Herzog said normalizing relations with Saudi Arabia could be a historic “game changer” in the Middle East. CNN reported. Speaking at the Israel Democracy Institute, Herzog said he had discussed the possibility with US National Security Adviser Jake Sullivan on Sunday. “There is an option to normalize with Saudi Arabia. This is a move that could bring about tremendous change, a historic ‘game changer’ that constitutes victory over the evil empire,” Herzog said. Herzog said the “empire” was more than Hamas and that Israel’s enemies were trying to destroy its international connections. “Iran and its proxies, along

May 13, 2024

News Desk

Making the IMF loan is a game changer

Islamabad: The government is preparing to negotiate a new Extended Fund Facility (EFF) loan from the International Monetary Fund (IMF) and aims to reach a staff-level agreement within the next two to three months. The IMF claims that primary responsibility for policy selection, design and implementation rests with borrowing member countries, not the IMF itself. It is also argued that the primary objective of the IMF program is to lay the foundations for high-quality sustainable development and poverty reduction. However, there is a widespread belief that borrowers often feel forced to sign deals without much choice, and that the longer

January 16, 2024

News Desk

Artificial Intelligence Could Be a Game Changer for Pakistan’s Industries

The adoption of Artificial Intelligence (AI) can help industrialists control the high cost of doing business, as investment in AI has great potential to reduce business costs while introducing automation, enhancing decision-making and increasing of workforce productivity and reducing human error, AI mentors said. . Sharing views with The Express Tribune, they said the main reason for slow adoption is lack of data availability. Pakistan does not have a large and comprehensive digital footprint and most private and government organizations have fragmented and decentralized data. At its core, AI leverages existing data to learn and uses advanced algorithms to facilitate

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