Introducing Infinix GT 20 Pro: The Official Gaming Phone of the PUBG MOBILE Super League CSA

                                               

Infinix, Pakistan’s highest-selling smartphone brand has announced the upcoming GT 20 Pro as the Official Gaming Phone for the prestigious PUBG Mobile Super League (PMSL) in the Central and South Asia (CSA) regions. Infinix is providing mobile gamers with the essential tools for unparalleled gaming experiences in PMSL from May 22 to June 16.

Weiqi Nie, Head of Product at Infinix, expressed his excitement: "The current season of PMSL CSA has captured global attention. The exceptional performance of the Infinix GT 20 Pro will propel players to new heights, enabling them to secure remarkable victories. We are also thrilled to announce that the Infinix GT 20 Pro is among the first smartphones worldwide to support PUBG MOBILE in 120FPS, offering gamers an extraordinary and immersive mobile gaming experience."

Infinix GT 20 Pro PUBG MOBILE Version: Tested and Proven for Esports Tournaments
The Infinix GT 20 Pro PUBG MOBILE Version has been designated as the Official Gaming Phone for PMSL CSA. Before receiving this official recognition, Infinix conducted three rounds of tests on the Infinix GT 20 Pro.

The first round, led by the laboratory, assessed the competition device's basic performance. The second round involved a stress test, simulating a match environment and evaluating both quantitative and qualitative aspects based on player feedback. In the third round, professional players were invited to test the phone's cooling system and other functions in a simulated full-scenario setting, providing valuable feedback.

After undergoing rigorous testing, the Infinix GT 20 Pro demonstrated its capability and was established as the dedicated esports-level smartphone for PMSL CSA. In addition to it, the Infinix GT 20 Pro has also been featured in other major mobile gaming tournaments such as Mobile Legends: Bang Bang (MLBB) and Honor of Kings (HOK).

 

Infinix GT 20 Pro: The Only Smartphone with a Dedicated Gaming Display Chip in Its Price Range

The Infinix GT 20 Pro sets itself apart in its price range by offering dual chips that rival flagship Snapdragon processors, delivering esports-level performance and visually stunning experiences. It is the first IRX-certified smartphone from Infinix, guaranteeing players a more immersive gaming experience. The phone's Stable Frame-rate Engine ensures efficient power consumption, optimal rendering efficiency, smart cooling during gaming, smooth visuals, and accelerated network performance, all contributing to an exceptional and efficient gaming experience. Enhanced cooling capabilities, including a larger graphite sheet and a VC liquid cooling system, further improve heat dissipation efficiency.

Designed for professional gaming, the Infinix GT 20 Pro boasts a Bezel-Less 144Hz FHD+ AMOLED Display and Dual Speakers with Sound by JBL, providing gamers with an immersive audio-visual experience. With the Clean & Pure OS 2.0, the phone offers a seamless and uninterrupted gaming environment, free from unnecessary software. The Hyper Charge Mode, supported by a 5000mAh battery and 45W Fast Charging, ensures extended playtime without long waiting periods.

The Infinix GT 20 Pro showcases the Cyber Mecha Design, capturing the Infinix GT spirit of Metal, Power, and Speed with a unique Turbine Blade Pattern pattern for dynamic, high-performance aesthetics. Its Mecha Loop LED Interface offers extensive customization, with eight color combinations and four lighting effects, allowing gamers to personalize their device extensively. Inspired by the intricate structure of beehives, the exterior design aligns with modern gaming's vibrant aesthetics, making it a standout choice for gamers seeking performance and style.

Pricing & Availability:

The Infinix GT 20 Pro will be exclusively available in Pakistan starting June 2024, featuring captivating colors such as Mecha Blue, Mecha Orange, and Mecha Silver. With generous memory configurations of 12+256GB, this powerful smartphone provides ample storage space to fulfill all your digital needs. 

CBD PUNJAB CREATES HISTORY BY SIGNING 16 MOUS IN ONE DAY FOR NSIT CITY

   

                                                                                     

Signaling a new era of economic and technological advancement, the Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District Punjab (CBD Punjab), has made history by signing 16 MoUs in one day for CBD NSIT City. The MoUs were signed in the presence of Chief Minister of Punjab, Maryam Nawaz Sharif, witnessed CBD Punjab forging crucial alliances with 12 leading Chinese companies, 3 prominent Turkish firms, and a notable Pakistani IT enterprise.

The historic signings were executed by COO of CBD Punjab, Brigadier (R) Mansoor Janjua, alongside officials from the partnering companies. Distinguished attendees included Federal Minister for IT Sheza Fatima, Provincial Minister for Information Punjab Azma Bukhari, Chief Secretary Punjab Zahid Akhtar Zaman, CEO of CBD Punjab Imran Amin, foreign diplomats, members of the Punjab Cabinet, and various officials from CBD Punjab. 

Among the prestigious companies entering MoUs with CBD NSIT City are global giants like Huawei, CMEC, STDC, Hainan Jinxin Technology, Tang Chinese Education, Shenzen Caiu Investment, and Uni International from China. The Turkish firms include Tumas Turk Engineering and Hayat Kimya, along with Silk Coat Paints. Additionally, from Pakistan prominent name from IT PITB has also joined hands in this monumental venture.

Imran Amin, CEO of CBD Punjab, remarked on the significance of these partnerships, stating, “These MoUs are not just agreements they are a testament to the trust and confidence that the international business, IT, and education sectors have in the potential of NSIT City. We are committed to fostering a conducive environment that will fast-track the establishment and growth of Pakistan’s premier and biggest IT hub.”

The MoUs signed are anticipated to be the cornerstone in accelerating the development of NSIT City, envisioned to be Pakistan’s leading IT hub with designated districts for technology, education, and the creative industries, including a film city. This strategic development is poised to transform Punjab into a nexus of innovation, knowledge, and industry.

The presence of high-level government officials and foreign diplomats at the signing ceremony underscored the international and national importance of this initiative. The strategic alliances formed through these MoUs are expected to bring in substantial foreign investment, cutting-edge technology, and advanced educational resources, setting a new benchmark for development projects in Pakistan.

As CBD Punjab continues to chart a path towards economic revitalization and technological supremacy, the successful signing of these 16 MoUs marks a pivotal moment in the region’s journey towards a brighter, more prosperous future. The establishment of NSIT City will undoubtedly serve as a beacon of progress, driving forward the vision of a technologically advanced and economically vibrant Punjab.

ACCA membership hits quarter of a million

     

ACCA (the Association of Chartered Certified Accountants) has unveiled its latest membership figures of 252,500, taking its membership to above quarter of a million following decades of strong growth.

 

It celebrated its 200,000 member landmark just seven years ago in 2017, and the new figures represent an increase of around 2% in membership since this time last year. ACCA also has more than 526,000 future members.

 

Ronnie Patton, president of ACCA, said: ‘The scale and scope of this achievement is amazing, and it says so much about how we attract so many people to join our worldwide community. It also highlights the substantial contribution we make to the number of qualified professional accountants across the global economy.

 

‘Our members live and work in 180 countries. This means that the voice of ACCA is heard in every corner of the planet, and the positive influence of ACCA members is felt everywhere. That’s why today we celebrate not just the size of our membership, but also the impact and contribution our members make.’

 

Founded in 1904 to widen access to the profession, ACCA in 1909 became the first professional accountancy body to admit women to membership and is known for its long history of inclusion and work for the public good. It will celebrate its 120^th anniversary in November this year.

 

Celebrations over the year will focus on the impact of members in building a better world, sharing and showcasing their stories.

Helen Brand, chief executive of ACCA, said: ‘This is an exciting achievement and we’re proud to have so many talented and committed members around the world undertaking successful careers and making such a positive impact.

‘Looking to the future, we look forward to leading an inclusive profession for a changed world, with people from all backgrounds, bound by a global code of ethics and committed to continually developing their skills to meet ever-changing needs.’

ACCA members work in a huge variety of roles in accounting, management and leadership across the business and public sectors. ACCA has played a leading role in widening the scope of accountancy to encompass strategy, sustainability and broader professional skills. It also works to share its global insights and expertise to contribute to strong and thriving economies and a better, more sustainable future for all.

 

You can watch our quarter of a million celebratory video here: https://www.youtube.com/watch?v=yCJ2-oMyL0s

NSIT City: Revolutionizing Punjab's Technological Landscape

                                                   

In the sprawling expanse of Lahore, Punjab, Pakistan, a revolutionary project is underway, poised to redefine the region's technological landscape and economic trajectory. NSIT City spanning over 800 acres, emerges as a beacon of progress, innovation, and opportunity. What was once known as the Lahore Knowledge Park, dormant and untapped for a decade, now finds renewed purpose and vigor under the visionary leadership of Chief Minister Punjab Maryam Nawaz Sharif. This transformation breathes new life into the project, infusing it with a sense of purpose and direction.

NSIT stands as a testament to the power of visionary leadership and strategic planning. Divided into three key segments - the IT & Tech District, Education City, and Film City - NSIT aims to create a comprehensive ecosystem that nurtures technological innovation, fosters educational excellence, and stimulates creative industries. Each segment plays a pivotal role in shaping Punjab's future as a hub of technological advancement and economic prosperity.

At the heart of NSIT lies the ambitious Celestia, a twin-tower IT building set to mark the beginning of a new era for the project. This iconic structure will serve as a symbol of progress and innovation, attracting businesses, investors, and talent from across the globe. With its construction set to commence in the initial phase, Celestia embodies the spirit of NSIT - bold, ambitious, and forward-thinking.

The timeline for NSIT's development is ambitious yet achievable, with the entire infrastructure of the project anticipated to be finalized within three years. This rapid pace of development reflects the commitment of the Punjab government to realize the full potential of NSIT and harness its transformative power for the benefit of the region. The projected creation of approximately one million jobs underscores the economic impact of NSIT, providing employment opportunities for countless individuals and driving economic growth across sectors.

To ensure the sustainability and viability of the project, NSIT adopts a multi-faceted revenue model that includes self-generation, joint ventures, and Real Estate Investment Trusts (REITs). This diversified approach to revenue generation minimizes risk and maximizes returns, ensuring the long-term success of NSIT as a sustainable and self-sustaining entity. With an estimated investment of 100 Billion PKR, NSIT represents a significant commitment to the future of Punjab and its people.

In addition to its economic impact, NSIT is poised to become a center for technological innovation and research, driving advancements in fields such as artificial intelligence, blockchain, and cybersecurity. By fostering collaboration between industry, academia, and government, NSIT aims to create a fertile ground for innovation and entrepreneurship, paving the way for the next generation of tech leaders and pioneers.

Furthermore, NSIT's designation as a special economic zone and the Punjab government's declaration of tax-free status for ten years further incentivize investment and growth within the project. These measures demonstrate the government's unwavering commitment to fostering a conducive environment for business development and economic prosperity.

The recent launch of the Silicon Block by the Central Business District Punjab has received overwhelming response from the business community, further solidifying NSIT's position as a premier destination for tech-driven enterprises. This vibrant ecosystem of innovation and entrepreneurship sets NSIT apart as a visionary project with the potential to shape the future of Punjab and beyond.

But NSIT is more than just a collection of buildings and infrastructure; it represents a bold vision for the future of urban living. By integrating cutting-edge technology, educational excellence, creative industries, sustainable practices, and holistic healthcare, NSIT aims to uplift lifestyles, redefine urban living, and foster prosperity for all stakeholders.

The strategic master plan for NSIT embodies a bold vision for the future, one where boundaries blur, possibilities abound, and progress knows no limits. It envisions a vibrant ecosystem where individuals thrive, businesses flourish, and communities prosper. NSIT stands not only as a physical space but as a testament to innovation, sustainability, and community empowerment.

As we embark on this journey towards a brighter and more inclusive future, NSIT invites all stakeholders to join hands in realizing its vision. Together, let us shape a future where NSIT becomes the epicenter of technological innovation, economic growth, and social progress. Welcome to NSIT City, where the future meets possibility, and dreams become reality.

DUBAI ISLAMIC BANK PAKISTAN LIMITED JOINS INTERNATIONAL FINANCE CORPORATION'S GLOBAL TRADE FINANCE PROGRAM

                                                

Dubai Islamic Bank Pakistan Limited (DIBPL) has signed an Issuing Bank Agreement (IBA) with the International Finance Corporation (IFC) to support international trade in Pakistan

Under the agreement, IFC will guarantee payment of DIBPL obligations to support their trade finance transactions with tenors of up to one year. This will strengthen DIBPL’s strategic plan to grow its international trade business and enhance correspondent banking relationships focused on international trade within the country. 

“This agreement will further streamline and ease the process for trade finance in Pakistan. Dubai Islamic Bank Pakistan remains committed to supporting businesses focused on international trade and we believe this partnership with IFC will be instrumental in achieving this goal,” said Mr. Junaid Ahmed, CEO of DIPBL. 

The agreement falls under IFC’s Global Trade Finance Program (GTFP), which extends and complements the capacity of banks to deliver trade financing by providing risk mitigation in new or challenging markets where trade lines may be constrained. 

“Trade is essential for economic growth and a key driver of opportunities for local enterprises. We are pleased to support Dubai Islamic Bank Pakistan Limited in its efforts to boost international trade and we believe this partnership will help foster a trade ecosystem in the country that strengthens supply chains, spurs productivity, and creates jobs,” said Momina Aijazuddin, Regional Head for the Financial Institutions Group at IFC. 

IFC’s GTFP has been operating in Pakistan since 2005. Pakistan is now one of the top markets for the program with a total GTFP commitments of US$6.6 billion since inception and US$1.4 billion for FY23. With the recent joining of DIPBL, IFC has now 10 partner issuing banks in Pakistan who will benefit from the program. 

POGEE 2024 – Energy sector’s largest exhibition inaugurated in Lahore

       

The 18th edition of the ‘Pakistan Oil, Gas & Energy Exhibition’ (POGEE), the premier showcase of the Energy sector, commenced at the Lahore Expo Centre with great enthusiasm. This edition, featuring cutting-edge global technologies for the Oil, Gas, and Power industries, was inaugurated alongside the 15th Safe Secure Pakistan (SSP) exhibition. The ribbon-cutting ceremony was graced by Mr. Zaki Aijaz, Vice President of the Federation of Pakistan Chambers of Commerce & Industries (FPCCI), Zia Salahuddin, Executive Director of Oil & Gas Development Company (Pakistan) Limited (OGDCL), Dr. Abdul Rehman, Administrator of RESCUE-1122 (Punjab Emergency Services), and Rao Asif Ali, Director Chevron Pakistan.

 

Despite its hiatus, POGEE and SSP witnessed robust participation from leading international and local energy companies, including Siemens Pakistan, JC Electronics (Netherlands), Flanders Investment & Trade (Belgium), and Hangzhou Turbine Power Group (China). Held from 8th to 10th May 2024, this event at the Lahore Expo Centre is expected to draw thousands of delegates from key stakeholders and government institutions.

 

The chief guest underscored the significance of POGEE and SSP in providing valuable opportunities for stakeholders in the oil, gas, power, safety, and security industries, facilitating business expansion and diversification in Pakistan. He commended Pegasus Consultancy for consistently organizing impactful events that bring together diverse exhibitors and decision-makers to promote cutting-edge technologies and exchange expert opinions.

 

Discussions at the event emphasized the crucial role of Pakistan's energy sector in economic and industrial development, stressing the need for sustainable energy sources to mitigate environmental impact. According to the recent 'Integrated Energy Planning' (IEP) report, the country's energy demand is projected to increase significantly by 2030, presenting attractive investment opportunities for global companies.

 

Pegasus Consultancy, renowned for organizing high-profile trade exhibitions in Pakistan annually, including IFTECH, Plasti&Pack, POGEE, and Safe Secure Pakistan, has garnered significant international participation. The Managing Director, Aamer Khanzada, expressed satisfaction with the overwhelming response to this year's event, with 100 companies from 17 countries participating, showcasing a range of petroleum-related products and services.

 

Oil & Gas Development Company Limited (OGDCL) serves as the strategic partner for the event, with Chevron Group as the Gold Sponsor, representing global giants such as Chevron, TEXACO, and CALTEX. In addition to POGEE, the concurrent 15th International Fire, Safety, Security & Health Exhibition - ‘Safe Secure Pakistan’ is expected to attract a large audience from relevant industrial sectors.

Standard Chartered Facilitates Finance Minister's Meeting with International Investors, Explores Pakistan's Investment Potential

Standard Chartered Pakistan hosted an exclusive meeting between a delegation of international investors representing renowned Asset Management Funds from different parts of the world and the Federal Minister for Finance & Revenue, Mr. Muhammad Aurangzeb, in Islamabad. The meeting aimed to foster collaboration and explore potential investment opportunities in Pakistan's economy.

Standard Chartered has a rich history in Pakistan, having worked closely with the authorities through its onshore presence and global network. The bank continues to facilitate foreign participation in Pakistan's local and foreign currency debt and capital markets by engaging with high-profile international investors.

The Minister was accompanied by senior officials from the Ministry of Finance and the Federal Board of Revenue (FBR). During an insightful discussion with international investors, the Minister highlighted the government's tax initiatives and macroeconomic stability, marked by reduced inflation and a surge in the stock market, reflecting growing investor confidence. The Minister also discussed the potential of key sectors, including infrastructure development, privatizations, IT and technology, agriculture, and energy. These sectors present opportunities for growth and investment, and the government is committed to supporting their development.

This initiative underscores Standard Chartered's commitment to nurturing economic growth and development within Pakistan by bridging the gap between international investors and local stakeholders. The meeting concluded successfully, with participants expressing optimism regarding future collaborations and investment prospects within Pakistan.

As part of their visit, the investors will also hold meetings with officials from the State Bank of Pakistan, multilateral organisations, local businesses, and other stakeholders to gain a deeper understanding of the current country dynamics and opportunities.