🏛📉 | As PM announces 10% super tax, Pakistan stock market goes down crashing, down by 2050 points. 🇵🇰

🇵🇰 A Pakistan Army soldier with baby goats. 🐐

🇵🇰🇦🇪 | In response to Pakistan’s request for multibillion dollars in fresh loans, the United Arab Emirates has offered to buy minority shares in publicly-listed government-owned companies at a negotiated price and a seat on each of the firm’s boards.

The offer, if accepted, could give a big boost to the cash-starved government and will mark a departure from the traditional lender-borrower relationship between Islamabad and Abu Dhabi.

The development comes amid China’s decision to rollover another $2 billion Pakistani debt that matures from June 27 to July 23, providing a sigh of relief after transferring $2.3 billion last week.

Highly-placed sources told The Express Tribune that the UAE government has offered to acquire 10-12% shares in government-owned companies that are listed at the stock market through its sovereign wealth funds.

“There is a proposal from a friendly country to purchase Pakistani companies’ stocks on buy-back basis, which means buying secured-loan based securities,” said Finance Minister Miftah Ismail while talking to The Express Tribune.

The sources said that the UAE had made a clean offer for acquisition of stakes in the firms. But the government wanted to add a provision in any such contract where it will have a right to buy back these stakes after a certain period, they added.

The UAE has made the offer on the lines it invested $2 billion in Egypt through the purchase of stakes in a number of state-owned companies in April this year aimed at bailing out the Egyptian government.

The UAE had acquired stakes in the Egyptian companies through the Abu Dhabi Developmental Holding -- a sovereign wealth fund based in Dubai. 💰

➡️ https://tribune.com.pk/story/2363672/uae-offers-quid-pro-quo-bailout-deal

💰📉 | State Bank of Pakistan: Pakistan current account deficit increased from $0.6B in April to $1.4B in May 2022, witnessing a 131% increase in the deficit.

📱📉 | Pakistan technology exports witness a sharp 27% decrease in May 2022, as compared to April 2022.

🗣 | Punjabi is now officially the fifth most spoken language at home (other than English) and the fastest growing language in Australia, according to the 2021 census. 🇵🇰🇦🇺

🚨💡 | Karachi citizens who took to the streets to protest against long hours of load shedding faced tear gas and baton beatings by the police. Protesters had blocked the key road that links KPT and SITE industrial areas 🇵🇰

🎥🗣 | German news Channel DW news refuses to allow the former Pakistani Prime Minister to speak on Kashmir and instead keeps asking him to talk about Russia.

Ex-PM Imran Khan: "I want to talk about kashmir. These issues involve us they matter to us. What about us? What about other people not worrying about our human rights and what matters to us? Why are we supposed to condemn European issues? Don't put us in a spot where because it's your issue we have to take sides, allow us the luxury to stay neutral so that we can look after our own people. My responsibility are my 220 million people of Pakistan" 🇵🇰⚡️🇩🇪

🚨 British Army’s Twitter account was hacked last night and tweeted "WE ARE ATTACKING PAKISTAN".

🇵🇰 Pakistan AirForce F-16 ‘Top Gunx4’ with an Indian SU-30MKI kill mark during Anatolian Eagle-2022 exercise being held at Konya Air Base, Turkey. 🇹🇷

🔙©️ | Pakistani F-16 shot down Indian SU-30 back in February 2019 during large border skirmishes.

🐈 Cats of Hunza, Pakistan. 🇵🇰

🇵🇰🚨 | Pakistan govt will soon introduce the country's first comprehensive solar policy as its looking to drastically cut fuel imports, bring down electricity cost & provide clean energy. ⚡️

🎥 🇵🇰⚡️🇳🇴 | Lars Thorsen, the leader of the radical group "Stop the Islamisation of Norway" burnt the Qur'an and then ran off in his SUV.

Two Pakistani women who came across the scene and helped to put out the fire jumped in their car and chased down the SUV ramming it off the road and causing it to flip over which almost killed the man. The women later were taken into custody by police.

🇱🇰 | Srilanka (one of Pakistan’s major ally in 1971 war) has been officially declared bankrupt. 📉