‫چپنگ، چین میں تیار کردہ کالی مٹی کے برتن: ایک جادوئی فن جو ہزاروں سالوں پر محیط ہے

لیاؤچینگ، چین، 17 نومبر 2022ء/ژنہوا-ایشیانیٹ/–
مٹی کے برتنوں کا ہنر انسانی تہذیب کی ایک بڑی نشانی ہے۔
گزشتہ تین دہائیوں کے دوران، چینی ماہرین آثار قدیمہ نے چپنگ کے جیاؤچانگپو میں لونگشن کلچر سائٹ پر چار جگہ کھدائیاں کی ہیں، جہاں مٹی کے برتنوں، پتھر اور ہڈیوں کی باقیات کے تقریبا 1،000 ٹکڑے دریافت کیے گئے ہیں۔ ان میں سے، 2001 میں کھدائی کی گئی مٹی کے برتنوں کے تین بھٹے چین میں لونگشن ثقافت کا سب سے مکمل کلسٹر ہیں، جو اس دور کے سماجی و اقتصادی نمونوں میں تحقیق کے لئے ثقافتی آثار کا ایک قابل قدر ذریعہ ہیں۔

 جیولونگژن

ماہرین آثار قدیمہ کی تحقیق سے معلوم ہوا ہے کہ شیڈونگ صوبے کے لیاؤچینگ شہر کے چپنگ ڈسٹرکٹ میوزیم میں موجود کالی مٹی کے برتن کی وافر مقدار 4،000 سے 5،000 سال قبل لونگشن ثقافت کے دور کے دوران تیار کی گئی تھی۔ وہ شکل میں خوبصورت، پیٹرن میں سادہ اور اصل میں پراسرار ہیں۔

چپنگ کالی مٹی کے برتنوں کا خام مال دریائے زرد کے منفرد دریا کے نیچے خالص اور نازک سرخ مٹی ہے۔ چپنگ کالی مٹی کے برتنوں کو پرانے زمانے کی سیلنگ-سموکنگ- کاربورائزنگ کے عمل میں پکایا جاتا ہے جنہیں عمومی دھلائی، جِگرنگ، خشک کرنے، تراشنے، کیلنڈرنگ، کندہ کاری اور پالش سمیت متعدد مراحل سے گزار کر نکالا جاتا ہے۔ جیسا کہ  سیاہ رنگ ایک پراسرار اور خوبصورت معنی رکھتا ہے،  تو  اسی لئے چپنگ کالی مٹی کے برتن جمالیاتی طور پر خوش نما ہوتے ہیں۔

 سوئیہان سانیو

چپنگ بلیک پوٹری بنانے والوں نے، 1990 کی دہائی کے وسط سے، کالی مٹی کے برتنوں جیسے چینی خزانے کو وراثت میں حاصل کرنے اور تیار  کرنے، سیاہ مٹی کے برتنوں کے دستکاری کی تکنیکوں کو جانچنے کے لیے خود کو وقف کر دیا ہے، جس سے لیاوچینگ بلیک پوٹری اکیڈمی کے قیام کو ممکن بنایا گیا اور جسے بعد میں چپنگ تاؤیوان بلیک پوٹری آرٹ کمپنی، لمیٹڈ  نے اپنایا۔ مخصوص چپنگ بلیک مٹی کے برتنوں کو اس کے کھوکھلے  بنائے گئے  اعلی  نقوش کے لئے جانا جاتا ہے۔ فراست سے ڈیزائن کیے گئے اور باریک طریقے سے تیار کیے گئے، ان میں خوبصورت نقش و نگاری اور ایک آفاقی نمونہ زبان کی خاصیت ہے ، یہ فنکاروں اور کلیکٹرز کی نظر میں بہت اہمیت کی حامل ہے۔

ماخذ: چپنگ کاؤنٹی پیپلز گورنمنٹ کا انفارمیشن آفس

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Impulse Dynamics Announces 100th Implant Milestone in China for CCM® Therapy

Experience Continues to Show CCM Therapy Addresses Clinical Need in Treating Heart Failure

MARLTON, N.J., Nov. 16, 2022 (GLOBE NEWSWIRE) — Impulse Dynamics, a global medical device company dedicated to improving the lives of people with heart failure, announced the 100th implant in China, signifying the opportunity for its innovative Optimizer® system delivering CCM® therapy in markets around the world. Cardiologist Prof. Guo Tao, Executive Director of Internal Medicine, Fuwai Cardiovascular Hospital, Yunnan Province, performed the 100th procedure and emphasized the role of this therapy in providing an option and hope to patients living with the debilitating reality of heart failure.

“It is quite a coincidental milestone for us that the 10th patient implanted in our center also happened to be the 100th patient treated in China. I have paid very close attention to CCM therapy for more than 20 years now, but it wasn’t until recently we could clinically apply this technology. Under close clinical observation, our 10 CCM patients have improved even more than we anticipated. All the CCM patients in our center improved both symptomatically and on various objective indicators, which made both us and our patients very happy. Therefore, it seems from our experience that CCM is performing exactly as described in the foreign research — specifically, by modulating the exchange of calcium ions and thereby enhancing contractility of the myocardium in the acute period, then normalizing the expression of contraction-related proteins, which leads to reverse remodeling of the heart. Based on these results, we are now planning to expand the application of CCM normatively and actively while continuing to closely follow our implanted patients to obtain more clinical evidence of CCM to optimize its application so more Chinese patients can benefit from this latest innovative treatment.”

Prof. Zhang Shu, Chief Physician of Fuwai Hospital of the National Center for Cardiovascular Diseases and the Chinese Academy of Medical Sciences, Honorary Chairman of the Electrocardiology and Pacing Branch of the Chinese Medical Association, Director of the Cardiology Committee of the Chinese Medical Doctor Association, and former President of the Asia-Pacific Heart Rhythm Society further commented “Currently there are almost nine million patients with heart failure in China, and many of them have not been optimally treated. Heart failure has also become the leading cause of death among cardiovascular and other major chronic diseases in China. I believe CCM will bring good news to Chinese patients. These successful initial experiences provide our doctors with good prospects of bringing hope to the patients they care for.”

“We are proud to see the growing acceptance of this technology in markets around the world,” said Mateusz Zelewski, MD, Impulse Dynamics´ VP International. “In reaching this milestone, we have connected with physicians, patients, and their families. We are inspired by the benefits of this therapy to our patients and continue to reinforce our commitment to address the immense need for advanced heart failure options for patients around the world.”

CCM therapy was approved in China late last year, and the first implant in the country was announced on November 1, 2021. The Optimizer system delivers CCM therapy, which consists of electric pulses applied to the heart between heartbeats and serves to enhance the performance of cardiac muscular contraction, making the heart work more efficiently without increasing the heart rate or the oxygen consumption of the cardiac muscle.

To date, CCM therapy has been used to treat heart failure in more than 7,000 patients worldwide and is available in 44 countries across the globe. The therapy has been studied in almost 2,000 patients and has appeared in more than 100 peer-reviewed journal articles. Ongoing studies are also underway to examine the safety and efficacy of CCM for patients suffering from heart failure with a left ventricular ejection fraction between 40 – 60 percent.

About Impulse Dynamics

Impulse Dynamics is dedicated to helping healthcare providers enhance the lives of people with heart failure by transforming how the condition is treated. The company is focused on delivering its proprietary CCM therapy, which is delivered by the company’s Optimizer device, the CE-marked, and FDA-approved treatment verified to improve the quality of life for heart failure patients. CCM therapy is a safe, effective, and minimally invasive treatment option for many heart failure patients who otherwise have few effective options available to them.[1] To learn more, visit www.ImpulseDynamics.com, or follow the company on LinkedIn, Twitter, and Facebook.

Forward-looking Statements

This press release contains forward-looking statements. All statements other than statements of historical facts contained in this press release are forward-looking statements. In some cases, you can identify forward-looking statements by terms such as ‘‘may,’’ ‘‘will,’’ ‘‘should,’’ ‘‘expect,’’ ‘‘plan,’’ ‘‘anticipate,’’ ‘‘could,’’ ‘‘intend,’’ ‘‘target,’’ ‘‘project,’’ ‘‘contemplate,’’ ‘‘believe,’’ ‘‘estimate,’’ ‘‘predict,’’ ‘‘potential’’ or ‘‘continue’’ or the negative of these terms or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements include, but are not limited to, statements concerning potential benefits of CCM therapy, and the absence of risks associated therewith; the ability for CCM therapy and our products to fill a significant unmet medical need for patients with heart failure; and the short-term and long-term benefits of the Optimizer and CCM therapy in patients with heart failure, as well as to the physicians treating those patients. These forward-looking statements are based on management’s current expectations and involve known and unknown risks and uncertainties that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Other important factors that could cause actual results, performance or achievements to differ materially from those contemplated in this press release include, without limitation: the company’s future research and development costs, capital requirements and the company’s needs for additional financing; commercial success and market acceptance of CCM therapy; the company’s ability to achieve and maintain adequate levels of coverage or reimbursement for Optimizer systems or any future products the company may seek to commercialize; competitive companies and technologies in the industry; the company’s ability to expand its indications and develop and commercialize additional products and enhancements to its current products; the company’s business model and strategic plans for its products, technologies and business, including its implementation thereof; the company’s ability to expand, manage and maintain its direct sales and marketing organization; the company’s ability to commercialize or obtain regulatory approvals for CCM therapy and its products, or the effect of delays in commercializing or obtaining regulatory approvals; FDA or other U.S. or foreign regulatory actions affecting us or the healthcare industry generally, including healthcare reform measures in the United States and international markets; the timing or likelihood of regulatory filings and approvals; and the company’s ability to establish and maintain intellectual property protection for CCM therapy and products or avoid claims of infringement. The company does not undertake any obligation to update forward-looking statements and expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein. These forward-looking statements should not be relied upon as representing the company’s views as of any date subsequent to the date of this press release.

[1] https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5494150/

Attachments

Rohan More, Global VP of Marketing
Impulse Dynamics
856-642-9933
rmore@impulsedynamics.com

Harris Currie, Chief Financial Officer (Investor Relations)
Impulse Dynamics
856-642-9933
hcurrie@impulsedynamics.com

Ian Ségal, Public Relations
Impulse Dynamics
856-642-9933
isegal@impulsedynamics.com

GlobeNewswire Distribution ID 8698682

Arabian Entertainment Company, Ltd., a leading food, beverage and entertainment company in Saudi Arabia, enters into Business Combination Agreement with Sagaliam Acquisition Corp. Combined company is expected to trade on NASDAQ

Arabian Entertainment Company, Ltd. (“AEC”) has entered into a business combination agreement with Sagaliam Acquisition Corp. (NASDAQ: SAGA). The combined company is expected to trade on NASDAQ.

AEC’s business model focuses on three complimentary pillars – franchise restaurants, fine dining & entertainment and live entertainment venues – in the MENA region. AEC owns the exclusive rights to the Applebee’s and Ocean Basket franchises in Saudi Arabia.

Transaction to provide AEC up to $151.5 million in proceeds including an anticipated $35 million of immediate funding through a PIPE and up to $116.5 million of SPAC cash held in trust, based on a pre-transaction equity value of $379 million. 

Proceeds will allow AEC to expand its presence in Saudi Arabia and the MENA region and diversify its offerings across the food, beverage and live entertainment eco-systems.

LOS ANGELES and JEDDAH, Saudi Arabia, Nov. 16, 2022 (GLOBE NEWSWIRE) — Arabian Entertainment Company Ltd. (“AEC”), a leading food, beverage and entertainment company in Saudi Arabia and Sagaliam Acquisition Corp. (NASDAQ: SAGA) (“Sagaliam”), a special purpose acquisition company (“SPAC”), announced today that they have entered into a definitive business combination agreement.

Under the terms of the agreement, Supraeon Investments, Ltd. (“Supraeon”), the parent company of AEC and Sagaliam will combine into a new company that is expected to be listed on NASDAQ and will adopt Tarfeeh Holdings, Ltd. as the corporate operating brand.

The transaction, once completed, will provide AEC with significant additional capital to continue its growth, better serve customers and execute its strategic plan to become a leading provider of food and beverage and live entertainment offerings in the MENA region.

In addition, Sagaliam and AEC expect to raise an additional $35 million through a private investment in public equities (“PIPE”). The anticipated $35 million from the PIPE is expected to be primarily used by AEC to pay transaction-related expenses and fund the expansion of its business platform in Saudi Arabia and the MENA Region.

AEC Overview

Headquartered in Jeddah, Saudi Arabia, AEC is a premier owner and operator of fast casual restaurant franchises operating under the Applebee’s and Ocean Basket brands.

AEC has been in operation since 2001. Together with its parent company, Supraeon, AEC is a portfolio company of GLD Partners, LP., a Los Angeles based private equity firm (“GLD”).

Sagaliam Overview

Sagaliam is a SPAC that raised $116.5 million in its initial public offering on December 23, 2021.

The business combination agreement between AEC and Sagaliam requires that the sponsor agree not to sell its founder shares for a period of twelve months after the business combination subject to the provisions of the lock up agreement. The sponsor believes that this “lock-up” period aligns the interests of the sponsor with those of Sagaliam’s investors. As such, with certain limited exceptions, the sponsor expects to continue to be invested in the combined company after the completion of the business combination.

Management Commentary

“AEC is raising the bar in the fast casual food and beverage industry in the MENA region and strives to create the best possible experience for customers, partners, and employees so it can create more moments that matter,” said Omar Mirza, Interim CEO of AEC. “We are excited to enter the public markets through our business combination with Sagaliam. We expect that this capital, combined with our leadership team’s significant food, beverage and entertainment industry experience, will allow AEC to grow our workforce, expand our offerings and further invest in our customer experience, while maintaining our core values and family-first culture.”

“We believe AEC has become one of the fastest-growing providers of fast casual dining experiences in Saudi Arabia thanks to its world-class leadership team, and the consistent high-quality service it provides to customers,” said Barry Kostiner, CEO and Director of Sagaliam. “We are confident in the AEC team and we believe they are ready to further accelerate their market position through this opportunity to become a public company.”

“GLD is pleased to support the combination of AEC and Sagaliam. GLD initially acquired AEC because of its faith in the growth potential of AEC and the overall MENA region. GLD remains committed to seeking out investment opportunities in the MENA region and this transaction is in line with GLD’s investment strategy,” said Eric Miller, a spokesperson for GLD Partners, LP. “AEC and Sagaliam are ideal partners. AEC’s differentiated model and track record of performance, combined with Sagaliam’s investment, will allow AEC to extend their leadership position and deliver shareholder value.”

Transaction Overview

Under the terms of the definitive business combination agreement, the transaction is expected to provide AEC up to $151.5 million in proceeds, including $35 million from an anticipated PIPE offering described above and $116.5 million of SPAC cash in trust assuming no redemptions, based on a pre-transaction equity value of $379 million. No additional funding beyond the $35 million PIPE offering is contemplated for the business combination, which includes a minimum net cash condition of $25 million in the aggregate to close.

Upon the closing of the proposed transaction, AEC’s senior management will continue to serve in their current roles. The current AEC owners will retain approximately 50% of the ownership at close, assuming no SPAC shareholder redemptions.

The respective boards of directors of both Sagaliam and AEC have each approved the proposed transaction. Completion of the proposed transaction is subject to approval of Sagaliam stockholders and other customary closing conditions. The parties expect that the proposed transaction will be completed in the first half of 2023.

A more detailed description of the transaction terms and a copy of the definitive business combination agreement will be included in a Current Report on Form 8-K to be filed by Sagaliam with the United States Securities and Exchange Commission (the “SEC”). Sagaliam or one of its subsidiaries or affiliates will file a registration statement (which will contain a proxy statement and prospectus) with the SEC in connection with the transaction.

Investor Conference Call

AEC and Sagaliam will host a joint investor conference call discussing the business and the proposed transaction. Information as to how to join the call will be made available at either https://sagaliam.com or www.tarfeehksa.com.

For Investor Relations, including a copy of an investor presentation as filed with the SEC, please visit the Sagaliam website at www.sagaliam.com or the SEC’s website for Sagaliam’s filings at: https://sec.report/CIK/0001855351.

Advisors

King & Spalding LLP is serving as legal advisor to AEC and Mayer Brown LLP and Al Akeel & Partners are serving as legal advisors to Sagaliam. Marshall & Stevens, Inc. has delivered a fairness opinion to a Special Committee of the Board of Directors of Sagaliam in connection with the proposed transaction.

Important Information about the Proposed Business Combination and Where to Find It

This document relates to a proposed transaction between AEC and Sagaliam. This document does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Sagaliam intends to file a preliminary proxy statement with the SEC in connection with the proposed transaction. Sagaliam will mail the definitive proxy statement to all Sagaliam shareholders. Sagaliam also will file other documents regarding the proposed transaction with the SEC. Before making any voting decision, investors and security holders of Sagaliam are urged to read the preliminary proxy statement (and, when available, the definitive proxy statement) and all other relevant documents filed or that will be filed with the SEC in connection with the proposed transaction as they become available because they will contain important information about the proposed transaction.

Investors and security holders will be able to obtain free copies of the proxy statement and all other relevant documents filed or that will be filed with the SEC by Sagaliam through the website maintained by the SEC at www.sec.gov.

Participants in Solicitation

Sagaliam and AEC and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from Sagaliam Acquisition Corp.’s shareholders in connection with the proposed transaction. A list of the names of the directors and executive officers of Sagaliam and information regarding their interests in the business combination will be contained in the proxy statement when available. You may obtain free copies of these documents as described in the preceding paragraph.

Non-Solicitation

This press release is not a proxy statement or solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed business combination. This press release shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.

Cautionary Statement Regarding Forward-Looking Statements

This document contains certain forward-looking statements within the meaning of the federal securities laws with respect to the proposed transaction between AEC and Sagaliam. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including but not limited to: (i) the risk that the transaction may not be completed in a timely manner or at all, which may adversely affect the price of Sagaliam’s securities, (ii) the risk that the transaction may not be completed by Sagaliam’s business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by Sagaliam, (iii) the failure to satisfy the conditions to the consummation of the transaction, including the approval by the shareholders of Sagaliam and the receipt of certain governmental and regulatory approvals, (iv) the lack of a third party valuation in determining whether or not to pursue the transaction, (v) the occurrence of any event, change or other circumstance that could give rise to the termination of the Business Combination Agreement, (vi) the effect of the announcement or pendency of the transaction on AEC’s business relationships, operating results and business generally, (vii) risks that the proposed transaction disrupts current plans and operations of AEC and potential difficulties in AEC’s employee retention as a result of the transaction, (viii) the outcome of any legal proceedings that may be instituted against AEC or against Sagaliam related to the Business Combination Agreement or the transaction, (ix) the ability to maintain the listing of the Sagaliam’s securities a national securities exchange, (x) the price of Sagaliam’s securities may be volatile due to a variety of factors, including changes in the competitive industries in which Sagaliam plans to operate or AEC operates, variations in operating performance across competitors, changes in laws and regulations affecting Sagaliam’s or AEC’s business and changes in the combined capital structure, (xi) the ability to implement business plans, forecasts, and other expectations after the completion of the proposed transaction, and identify and realize additional opportunities, and (xii) the risk of downturns and a changing regulatory landscape in the highly competitive food and beverage industry. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of Sagaliam ‘s registration on Form S-1, the proxy statement that will be filed as discussed below and other documents filed by Sagaliam from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and AEC and Sagaliam assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. AEC nor Sagaliam gives any assurance that either AEC or Sagaliam or the combined company will achieve its expectations.

CONTACT INFORMATION

Eric Miller
GLD Partners, LP
213-315-2550
press@gldlp.com

GlobeNewswire Distribution ID 8698718

FM, Sindh Governor discuss overall political situation

Sindh Governor Kamran Khan Tessori called on Foreign Minister and Pakistan People’s Party Chairman Bilawal Bhutto Zardari at Bilawal House in Karachi.

The overall political situation of the country, problems faced by the province in various fields, rehabilitation of flood victims, construction of infrastructure and development projects of Karachi were discussed.

Source: Radio Pakistan

Chairman NDMA, US delegation discuss post floods damages’ management in Pakistan

US Delegation led by Commanding General of US Army Central Lieutenant General Patrick D. Frank, visited NDMA and held a meeting with its Chairman Lieutenant General, Inam Haider Malik in Islamabad on Thursday.

The delegation exchanged aspects of mutual interest in post floods damages' management in Pakistan and sought insights into areas of future possibilities of engagement and cooperation.

Chairman NDMA indicated an immediate requirement of developing intellectual and academic forums such as a new National Institute of Disaster Management (NIDM) and visible presence of NDMA in global and regional platforms and events.

He underscored the envisaged areas of technological inputs to enhance capacity and futuristic risk projection by NDMA through newly conceptualized existing National Emergency Operation Centre and investment in building capacity of national emergency response and preparedness through sharing experience, training and transfer of technology in the field of Disaster Management.

The Chairman hinted at great learning outcomes from management of current floods and NDMA's planning for new proactive approach to engage all emergency response related stakeholders for national level preparedness of disasters. He also discussed the existing shortfalls in disaster management in Pakistan and emergency response structure.

Chairman NDMA noted that Pakistan ranked seventh amongst the most vulnerable countries to climate change impact and there is a critical requirement to build an AI-based system.

He shared NDMA's vision to be futuristic, technology enabled entity and globally engaged organization, which is committed for 'Climate Millennium Goals' and leading for 'Climate Reversal Initiatives'. He added that it required US-led international support in completing Pakistan's held-up national surveys of vulnerable areas.

On the occasion, Lieutenant General Patrick D. Frank acknowledged Pakistan's rescue and relief efforts during floods and reassured US Government's assistance through USAID to continue support for flood affectees.

He briefed on working of FEMA; US leading emergency management organization and role of US Military's Reserved Force in disaster management.

Chairman NDMA thanked the US delegation for visiting Pakistan in critical time and expressed hope to benefit from US experiences in future.

Both sides agreed on shared climate security's universal applicability of standard protocols and replication of successful management of mitigation templates of developed world during emergencies and crisis.

Source: Radio Pakistan

Govt striving hard for improving energy sector: Musadik

Minister of State for Petroleum Musadik Malik has said the government is striving hard for the improvement of energy sector to provide people an affordable and sustainable energy.

Addressing a ceremony in Islamabad on Thursday, he said we would encourage agriculture sector to move toward sustainability. He said our vision of Pakistan is to energize upward mobility of the people.

Acknowledging problems of demand and supply in the energy sector, the Minister of State said we are utilizing state of the art means to overcome these issues.

Source: Radio Pakistan