KARACHI: Gold and silver prices rebounded in both international and local markets on Saturday, snapping a five-day losing streak as global bullion rates shifted back into positive territory. In the international bullion market, the price of gold per ounce rose by $23, reaching $4,708. Consequently, the impact was felt in local markets across Pakistan. According to…
Says Türkiye is in almost daily contact with all parties involved in the negotiations Turkish Foreign Minister Hakan Fidan. PHOTO: Anadolu Agency Turkish Foreign Minister Hakan Fidan said on Saturday that he believed key sticking points in US negotiations with Iran over nuclear issues could soon be overcome, as diplomatic talks were set to resume during…
PLL, one of the public sector entities responsible for LNG imports, did not import any cargo last month The Pakistan LNG Limited (PLL) on Friday secured three bids at $17.997 to $18.88 per million British thermal units (mmBtu) for delivery of liquefied natural gas between April 27 and May 8, a day after it floated…
IBAN verification through SECP-notified entities will be accepted as a valid proof of identity under new framework ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed major amendments to the Anti-money Laundering, Combating the Financing of Terrorism and Countering Proliferation Financing (AML/CFT/CPF) Regulations, 2020 to strengthen anti-money laundering safeguards while enabling fully digital…
Says report suggests Pakistan could improve its ranking to 11 with further improvements in digital infrastructure Shaza also revealed that Chinese satellite internet firms, including Galaxy Space and Shanghai Space, have expressed interest in entering the Pakistani market. PHOTO: APP Pakistan ranks 16th out of 193 countries in the 2026 Global Outsourcing Talent Index by…
Arrest was made after an FIR was registered on the complaint of Sub-Inspector Shahid Asghar on behalf of the state ISLAMABAD: Police have arrested a man for a social media post likening the Tarnol Railway Crossing to the Strait of Hormuz, as heightened security measures remain in place in the capital amid regional tensions. The…
ISLAMABAD: Pakistan has agreed with the International Monetary Fund (IMF) to close 70 bank accounts of government departments and transfer roughly Rs300 billion in balances to the national kitty, a move that could help consolidate public funds and reduce the cost of debt. Pakistan has also committed to reducing debt refinancing risks by increasing the…
ISLAMABAD: The Maritime Affairs Minister on Friday sought a detailed report on the hijacking of an oil tanker by pirates near Somalia, with 11 Pakistani crew members on board, and directed the relevant authorities to coordinate with the Foreign Ministry, Pakistan Navy and others for the recovery of the hostages. Initial details suggested that pirates…
Hussain outlines vision for climate-smart agriculture, regional cooperation at FAO conference ISLAMABAD: Pakistan has reaffirmed its strong commitment to advancing resilient, inclusive and sustainable agrifood systems during the 38th Ministerial Session of the Food and Agriculture Organisation (FAO), according to a statement issued on Friday. Federal Minister for National Food Security and Research Rana Tanveer…
KARACHI: The Sindh High Court (SHC) has declared that setting admission criteria for medical colleges, including minimum marks for the Medical and Dental College Admission Test (MDCAT), falls within the domain of the Pakistan Medical and Dental Council (PMDC). The provincial high court issued this order as it dismissed a petition seeking reduction in the…