‘Energy affordability key for export growth’

LAHORE: Affordable and reliable energy is essential for Pakistan’s industrial competitiveness and export growth, Lahore Chamber of Commerce and Industry (LCCI) President Faheemur Rehman Saigol said on Wednesday, as he welcomed the Cabinet Committee on Energy’s approval of the National Integrated Energy Plan 2027-2060. “Pakistan needs an energy policy that ensures reliability, affordability and predictability….

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Sabalenka, Zverev stunned in Cincinnati

Sabalenka has reached just one semi-final since winning the Sunshine Double in March. Photo: AFP CINCINNATI: Top seeds Aryna Sabalenka and Alexander Zverev crashed out of the Cincinnati Masters in a matter of hours on a rainy Wednesday of fourth-round action. American Tommy Paul saved a match point on the way to a 4-6, 7-6…

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Oil prices up 1% to near 3-week high

HOUSTON: Global crude prices rose more than 1% on Wednesday and were trading near a three-week high hit during the session, as investors worried about escalating tensions in the Middle East after the United Arab Emirates decided to suspend all financial and economic transactions with Iran. Shipping through the Strait of Hormuz also remained slow,…

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Verstappen commits to Red Bull until end of 2030

Four-time world champion Max Verstappen has signed a new contract at Red Bull until the end of 2030. Photo: AFP ZANDVOORT: Max Verstappen signed a contract extension with Red Bull to the end of ‌2030 on Thursday, ending speculation about the four-time world champion’s near-term Formula One future. The 28-year-old already had a contract to…

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FM Dar says six Pakistani sailors return safely after Houthi attack, two bodies repatriated

He praises Pakistan’s missions in Jeddah and Riyadh for facilitating sailors’ return Deputy Prime Minister and Foreign Minister Ishaq Dar. SCREENGRAB Deputy Prime Minister and Foreign Minister Ishaq Dar said on Thursday that six Pakistani sailors injured in a recent Houthi attack on a Tanzanian-flagged commercial vessel returned safely to Pakistan, while the bodies of…

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Sindh enterprises offered Rs35m grant

ISLAMABAD: The Sindh Enterprise Development Fund (SEDF) and the United Nations Industrial Development Organisation (Unido) on Wednesday formally launched the Enterprise Grant Scheme under the European Union-funded Poverty Alleviation & Inclusive Development Across Rural Sindh (PAIDAR) programme, offering co-financed grants of up to a maximum of Rs35 million per project to enterprises in five districts…

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Pakistan rue missed opportunities at Headingley

Shafique top-scores with 61 as Pakistan collapse after promising partnership with Imam-ul-Haq Pakistan’s Abdullah Shafique speaks during a press conference after the first Test against England at Headingley in Leeds. Photo: PCB Pakistan endured a difficult opening day of the first Test against England at Headingley on Wednesday, being bowled out for 171 after failing…

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