SALT LAKE CITY and TORONTO and MONTRÉAL, May 08, 2023 (GLOBE NEWSWIRE) — Recursion (NASDAQ: RXRX), a leading clinical stage TechBio company decoding biology to industrialize drug discovery, today announced it has signed agreements to acquire two companies in the AI-enabled drug discovery space: Cyclica and Valence. “Recursion has pioneered the massive, parallel generation of […]
Sindh CM, Ethiopian Ambassador discuss bilateral ties
Ambassador of Ethiopia Jamal Beker Abdulla called on Sindh Chief Minister Syed Murad Ali Shah in Karachi on Monday and discussed bilateral and trade relations.It was agreed on the occasion that bilateral trade will be increased.The Sindh Chief Ministe…
EOBI Expected to Receive Contribution Revenue of Rs. 38 Billion in FY23
The Senate Standing Committee on Overseas Pakistanis and Human Resource Development was informed on Monday that Employees Old Age Benefits Institution (EOBI) is expected to receive a contribution revenue of Rs. 38 billion against an approved target of…
Punjab Government Revises Passing Criteria for Science Subjects
The Punjab government has declared its intention to change the requirements for passing matriculation and intermediate examinations in science courses from the next academic year.The Inter-Board Committee of Chairmen (IBCC) has ruled that to pass each…
Here’s The Easiest Way to Pay Traffic Challan in Islamabad
Islamabad Capital Territory Police (ICTP) has become hyper-active these days in terms of issuing challans to various traffic law offenders.The sudden upsurge in fines and strict enforcement of rules has brought the payment mechanism into question amon…
Can Enzymes Really Help Solve The Plastic Crisis?
Tiny enzymes could kickstart a new way of recycling plastic. But with no end to our plastic addiction in sight, is this a genuine solution?Buried in the dirt outside a plastic manufacturing plant, researcher Uwe Bornscheuer from Germany’s University o…
Lahore Fines Over 7,000 Underaged Drivers
Lahore traffic police cracked down on underage drivers. The department issued over 7,000 challans, while under 20,000 underaged drivers were let off with a warning.According to a media report, the traffic police initiated this operation on strict orde…
MMBL Achieves 48% Revenue Growth Despite Challenging Economic Conditions
Mobilink Bank (MMBL) reported its financial results for Q1 2023, demonstrating strong business resilience in the face of challenging economic conditions. The Bank’s unaudited financial statements indicate a remarkable 48% increase in its revenue.Mobil…
Poco F5 and F5 Pro Arrive in UAE a Day Ahead of Official Launch
Tomorrow marks the global debut of the Poco F5 series. However, the UAE branch of the company has already jumped ahead and prematurely uploaded information about the two phones on its website today.Consequently, the specifications and images of both t…
HBL’s Nepalese Subsidiary Acquires Civil Bank Limited
Habib Bank Limited, through its subsidiary i.e. Himalayan Bank Limited, recently acquired Civil Bank Limited, a commercial bank in Nepal.Himalayan Bank Limited Nepal (HBLN), which was previously recognized as a Joint Venture, has acquired Civil Bank L…
Rates of Profit on National Savings Schemes Increased
The government has revised the rates of profit on several national savings certificates and schemes by up to 100 bps.The rates of profit on Special Savings Certificates (SSC), Savings Account (SA), and Short Term Savings Certificates (STSC) have been …
Gong Ceremony Held at PSX to Mark 20 Years of CFA Society Pakistan
A gong ceremony was held at Pakistan Stock Exchange (PSX) to celebrate twenty years of commitment by CFA Society Pakistan (CFASP) to elevate and promote excellence in the investment profession.Nick Pollard, Managing Director Asia Pacific, CFA Institut…