waqar zaka clinches
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Waqar Zaka clinches global trading crown, wins top…

ByJustpaste.in

LAHORE: Pakistani technology entrepreneur and cryptocurrency advocate Waqar Zaka has won the international WEEX TradFi Masters trading championship, outperforming more than 3,000 participants from across the globe in a solo multi-asset trading competition.

The tournament challenged traders to compete independently using their own capital, without team support or referral incentives. Participants traded across stocks, commodities, precious metals and cryptocurrencies on a single platform, with performance measured on profitability and risk management.

Zaka emerged as the overall winner after posting a 74 per cent return in just 20 days. Starting with an account of $100,000, he generated a profit of $74,000, increasing his portfolio value to $174,000. His performance placed him ahead of competitors from South Korea and China, who finished second and third with returns of 57 per cent and 35 per cent, respectively.

As the champion, Zaka was awarded a brand-new 2026 Mercedes-Benz G-Wagon during a ceremony in Dubai. The organisers also acknowledged his achievement on their official social media platforms.

The victory marks a significant milestone, making Zaka the first Pakistani trader to secure the top position in an international competition of this scale focused on both traditional financial markets and digital assets. His latest success also represents a remarkable improvement from the previous edition, where he finished among the top ten competitors.

Organisers described the championship as a rigorous test of strategy, adaptability and disciplined decision-making in rapidly changing financial markets. The event reflects the growing popularity of competitive trading, where participants are increasingly recognised for their analytical skills and market expertise.

Zaka has been a prominent advocate of cryptocurrency and blockchain technology in Pakistan for several years. He has consistently promoted wider adoption of digital assets and has previously urged policymakers to consider establishing a national Bitcoin reserve as part of the country’s long-term financial strategy.

His latest international triumph has once again drawn attention to Pakistan’s growing presence in global financial and digital trading markets, highlighting the increasing integration of traditional finance with the cryptocurrency sector.

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    Shahid Khaqan Abbasi challenges delisting of Awaam…

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      Former Prime Minister Shahid Khaqan Abbasi has written a letter to Chief Election Commissioner Sikandar Sultan Raja, challenging the Election Commission of Pakistan’s decision to delist the Awaam Pakistan Party. In his letter, Abbasi expressed concern over what he described as an unjustified decision by the Election Commission to remove the party from its list of registered political parties. He said he was surprised that Awaam Pakistan had been delisted on the grounds that it had failed to conduct intra-party elections. Abbasi rejected the allegation and maintained that the party had already conducted intra-party elections for its National General Council and national office-bearers. According to him, the elections were held between March 26 and April 2, within the deadline provided by the Election Commission of Pakistan. The former prime minister said that Awaam Pakistan fulfilled the requirements set by the electoral body and completed its intra-party election process within the prescribed period. He added that the party submitted the election results along with detailed documentation to the Election Commission on April 6. Abbasi argued that the party had therefore complied with the Election Commission’s instructions and questioned the basis on which it was subsequently delisted. The letter stated that a total of 12,084 members participated in Awaam Pakistan’s intra-party elections. Abbasi described the electoral process as democratic and transparent, saying that the participation of thousands of party members demonstrated the party’s commitment to democratic procedures. He further expressed concern over what he termed the unfair and unusual manner in which an active political party had been delisted. According to Abbasi, the decision was difficult to understand, particularly because the party had conducted its intra-party elections and submitted the required documents to the Election Commission. Abbasi also objected to the fact that the party was delisted without being given an adequate opportunity to present its position. He said that removing an active political party from the electoral list without hearing its case was beyond comprehension and raised questions about due process. The former prime minister urged Chief Election Commissioner Sikandar Sultan Raja and the Election Commission to conduct an immediate hearing into the matter. He requested that Awaam Pakistan be provided an opportunity to explain its position and present the relevant evidence regarding the intra-party elections. Abbasi’s letter comes amid continued debate over the legal and procedural requirements that political parties must meet to remain registered with the Election Commission. Intra-party elections are an important requirement under Pakistan’s political and electoral framework, as they are intended to ensure democratic participation and accountability within political parties. The former prime minister maintained that Awaam Pakistan had fulfilled this requirement within the deadline and had provided the Election Commission with the necessary election results and supporting documents. He called on the electoral body to review its decision and hear the party’s case before taking any further action. Abbasi stressed that Awaam Pakistan should be given a fair opportunity to clarify the circumstances surrounding its intra-party elections and the documents submitted to the Commission. The controversy has placed renewed focus on the relationship between political parties and the Election Commission, particularly regarding compliance with electoral laws and the right of political parties to be heard before facing major administrative decisions. Abbasi’s appeal now seeks an immediate hearing and a review of the delisting decision, with the party arguing that it followed the prescribed procedure and conducted its intra-party elections in a democratic and transparent manner.

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    Iran set to receive Chinese air-defence missiles

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    FGEHA warned in 2019, yet Rs5.4 billion released f…

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The Senate committee, chaired by Senator Nasir Mehmood, took up the Green Enclave II and Sky Gardens matter during its meeting at Parliament House and decided to summon senior officials to explain how the disputed transactions and agreements took place. According to the briefing by NAB Director General Rizwan Khan, an inquiry into Green Enclave II, also known as Commerce Sky Gardens, was initiated on the basis of a Supreme Court judgment dated May 4, 2018. The central issue was the alleged conversion of Shamlaat land, which is common village land, into private land. NAB told the committee that the Supreme Court had placed a legal bar on the partition, construction and transfer of Shamlaat land and had declared such transactions illegal from the beginning. Despite this, more than 3,000 kanals in Moza Mengal were transferred to a private developer through two mutations in April 2018. The timing of these mutations became particularly controversial. 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    Punjab university expands stray dog control campai…

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    North Korean hackers develop AI tools for cyberattacks

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