BUZZLINE NEWS360

  The eastern Turkish province of Erzurum, designated as the Economic Cooperation Organisation (ECO) Tourism Capital of 2025, is set to host the Palandöken Economic Forum on April 26-27, 2025. Founded as the Regional Cooperation for Development (RCD) in 1964 by the Islamic Republic of Iran, Islamic Republic of Pakistan and the Republic of Türkiye, the Forum was rechristened as the Economic Cooperation Organization (ECO) in 1985. The highly anticipated Forum, themed "An Equitable Future in a Smart World: Intelligent Economies and Global Inequality", will bring together distinguished international figures, including state authorities, academics and business professionals, to discuss the impact of digital transformation, with a particular focus on the role of artificial intelligence (AI), from the perspective of various economies. During the Forum's five primary and two special sessions, keynote speakers from various ECO nations will join experts from other countries, in...

  in a remarkable turnaround, Pakistan International Airlines (PIA) Holding Company is on the brink of achieving a historic milestone: its first annual profit in more than 20 years. According to audited financial statements obtained by Bloomberg, the national flag carrier reported an impressive earnings per share of PKR 5.01 for the fiscal year ending in December. This would mark the first profitable year for PIA since 2003 — a significant shift for an airline long plagued by financial crises, including aircraft seizures abroad, flight cancellations, and near-bankruptcy. The official figures are expected to be presented to the board for approval before being made public. While PIA's spokesperson has declined to comment on the development, the financial data points to a long-awaited revival for the struggling airline. This breakthrough comes at a critical juncture, as the government is in the final stages of preparing for PIA’s privatization. Last year’s privatization efforts ...

Haball (“the Company”), Pakistan’s leading supply chain financing and payments fintech, raises a US$52 million pre-Series A funding round comprising equity investment and a strategic financing allocation.   The round’s equity component of US$5 million was led by Zayn VC - Pakistan’s premier venture capital firm. Other investors included Majlis Advisory SPV; several leading private investors in KSA; angel investors, and a prominent business conglomerate. The strategic financing component (US$47 million) was provided by Meezan Bank Limited, Pakistan’s first and largest Islamic bank, rated AAA/A-1+.   The announcement follows a deliberate strategy of responsible fundraising by the Company since its 2017 inception. Investors have been attracted to, and closely aligned with, Haball’s positive unit economics, strategic focus, and track-record of attracting and leveraging impactful investments.   The proceeds will support Haball in consolidating its market leadership...

Livoltek , a global leader in innovative solar energy solutions, is set to make a significant impact at the Middle East Energy 2025 exhibition, taking place from April 7-9, 2025 , at the Dubai World Trade Center, UAE (Booth No. H7-H18) . As the premier energy event in the region, Middle East Energy serves as a pivotal platform for Livoltek to introduce its latest advancements in solar technology and energy storage solutions to a global audience. Livoltek will be showcasing its state-of-the-art on-grid and off-grid solar inverters, hybrid storage systems, and smart energy management solutions that cater to residential, commercial, and industrial applications. Visitors to the Livoltek booth will have the opportunity to experience firsthand how the company’s innovative products are driving energy efficiency, sustainability, and cost savings across diverse sectors At MEE 2025, Livoltek will present its comprehensive range of products designed to meet diverse energy needs:​ · ...

  TECNO introduces the highly anticipated CAMON 40 Series, featuring the CAMON 40 and CAMON 40 Pro. Designed to set new standards in dynamic photography, smart AI innovations, and robust durability, this series delivers an unmatched smartphone experience. Capture the Perfect Shot Instantly – FlashSnap Mode Introducing FlashSnap Mode, a revolutionary feature that ensures you never miss a moment. Whether capturing fast-moving action or a fleeting smile, FlashSnap Mode delivers unparalleled speed and precision. With a simple double-click of the One-Tap Button, the phone instantly enters FlashSnap Mode, activating BestMoment, which intelligently captures the perfect shot in real time. The 50MP Sony Flagship Camera (LYT-700C Sensor, 1/1.56” with OIS) brings professional-grade imaging to your fingertips. Combined with AI Eraser 2.0, unwanted objects can be removed instantly, enhancing clarity and ensuring picture-perfect memories. The One-Tap Button is fully customizable, allowing users...

    Starlink , the satellite-based internet service by SpaceX, has secured a provisional registration from the Pakistan Space Activities Regulatory Board (PSARB), marking its first official step toward launching operations in the country. However, while its entry has sparked excitement over the prospect of high-speed internet in remote areas, its journey forward remains tangled in bureaucratic, financial, and technical hurdles.   Before Starlink can officially roll out its services, it must obtain a formal license from the Pakistan Telecommunication Authority (PTA), establish ground gateway stations, and comply with security and regulatory requirements. Industry experts estimate that this process could take up to a year, as PSARB, in collaboration with international consultants, is still developing the necessary regulatory framework.   Despite these obstacles, the possibility of satellite-powered internet bridging Pakistan’s digital divide remains an exciti...

  Headstart School members proudly participated in an awareness session organized by Shifa International Hospital in commemoration of World Autism Day. The event, held at the CO Hall of Shifa International Hospital, aimed to promote awareness, understanding, and inclusivity for individuals on the autism spectrum. Emaan Zainab Hashmi , an MYP4 (Grade 9) student from Headstart Kuri Campus, also spoke at the event, sharing her thoughts and perspectives on the significance of autism awareness. Also speaking at this event alongside specialists, parents and educators was Nadine Murtaza, who shared her experiences supporting children on the spectrum as both a mother and a teacher. The session featured a series of insightful presentations and heartfelt journeys, including contributions from medical professionals who have helped to establish autism services at Shifa, a pioneering effort in Islamabad. Ms. Nadine Murtaza shared her experiences working in inclusive classrooms and the powe...