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Dubai No Longer a Safe Haven for Pakistani Investors
The Gulf war has disrupted the flow of Pakistani funds to Dubai, with investors increasingly bringing money back home and shifting it into local property markets. Rising liquidity and demand have pushed property prices higher in Karachi, while Dubai’s appeal as a safe haven for Pakistani wealth has weakened.
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ChatGPT First AI Chatbot to Face Tougher EU Rules
ChatGPT has become the first AI chatbot to face tougher EU scrutiny after being designated a “very large” online platform under the Digital Services Act. The new rules impose stricter obligations on OpenAI to address illegal content, child safety, user well-being and other online risks.
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CDWP Approves Five Development Projects Worth Over Rs60bn
The CDWP has approved and recommended five development projects worth more than Rs60 billion, covering transport, urban infrastructure, water supply, healthcare and education. Key initiatives include road development in Orakzai, urban upgrades in Karachi, and a major water supply project for Gwadar.
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