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Sultan Gohar, CEO of Lake City Holdings, has been appointed ABAD North Region Chairman for a two-year term to support Pakistan’s construction and real estate sector.

The FBR will brief Prime Minister Shehbaz Sharif on faceless tax administration, AI-based tax analysis and digital monitoring reforms aimed at closing Pakistan’s estimated Rs1 trillion tax gap across 18 sectors.

Pakistan has simplified home loans under the Apna Ghar Programme by reducing mandatory property documents to five, aiming to speed up approvals and make home construction financing easier for citizens.

Pakistan’s first astronaut is set to embark on a space mission from China on November 25, as the country targets a lunar landing by 2035 and plans to establish its first Space Museum at the University of Narowal.

The Punjab government has approved a revised cost of Rs50.4 billion for the Rawalpindi Ring Road project. The 38.3-kilometre route is complete, while tolling system work continues ahead of its anticipated inauguration.

Karachi is seeking Shanghai’s expertise in smart-city planning, modern transport and digital infrastructure to improve urban services, attract Chinese investment and support sustainable growth.

Reliance Industries has welcomed Starlink’s entry into India’s satellite internet market following Elon Musk’s criticism, as competition intensifies ahead of Jio Platforms’ planned $108 billion IPO.

The Lahore Development Authority (LDA) has demolished illegal structures in six housing schemes along Sundar-Raiwind Road and Multan Road. The crackdown highlights the importance of verifying housing scheme approvals before investing in property to avoid potential financial and legal risks.

Pakistan is seeking cooperation with Alibaba to promote digital payments, strengthen its cashless economy, support SMEs and boost exports through e-commerce, technology and improved cross-border trade systems.