PSX recovers 1,500 points on Araghchi’s visit

Overall market participation was strong, as 1,066 million shares were traded with a total value of Rs. 49 billion. KEL led the volume chart, with 195.8 million shares..Photo: Express KARACHI: Stocks staged a strong recovery on Friday as the benchmark KSE-100 index rebounded from early losses, gaining around 1,500 points, with investor sentiment lifted by…

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NADRA rolls out revamped e-platform

ISLAMABAD: In a move aimed at modernising public service delivery and improving accessibility, the National Database and Registration Authority (NADRA) has launched a revamped, feature-rich website designed to streamline identity-related services for citizens at home and abroad. The upgraded platform brings together a wide range of services – including Computerised National Identity Cards (CNIC), National…

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Rate hike risks overcorrection

SBP faces dilemma as supply-side pressures clash with need to protect 3.89% GDP growth KARACHI: Brokerage houses have suggested ahead of the State Bank of Pakistan’s (SBP) upcoming Monetary Policy Committee (MPC) meeting that a policy rate hike would be counterproductive and lead to overcorrection. In its latest preview, Arif Habib Limited (AHL) argued that…

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US negotiators to go to Islamabad, but Iran says no direct talks

Iranian foreign ministry spokesperson says Tehran’s concerns would be conveyed to mediator Pakistan Iranian Foreign Minister Abbas Araghchi talks with Foreign Minister Mohammad Ishaq Dar and Chief of Army Staff, Field Marshal Asim Munir during a meeting in Islamabad, Pakistan. PHOTO: MINISTRY OF INFORMATION US negotiators are scheduled to leave for Pakistan on Saturday, but ​Iran…

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Zelenskiy seeks security co-operation with KSA

. KYIV: Ukrainian President Volodymyr Zelenskiy on Friday visited Saudi Arabia for the second time in a month, as Kyiv seeks to bolster security co-operation and advertise its battle-tested technology in the Middle East amid the Iran war. Zelenskiy said he discussed defence, energy and food security co-operation during a “very productive” meeting with Crown…

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CNN’s Zakaria to Trump: make concessions

KARACHI: Senior American journalist and renowned author Fareed Zakaria has said that United States President Donald Trump would need to “give up something” to secure a deal with Iran to end the conflict. In an interview on Express 24/7 programme ‘Full Frame’ with host Fahd Husain, Zakaria said President Trump would want a deal that…

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Iran can still make a good deal: Hegseth

WASHINGTON: US Defense Secretary Pete Hegseth said on Friday that a US blockade on Iran is going global, adding Tehran had a chance to make a “good deal” with Washington. “Our blockade is growing and going global,” Hegseth told reporters. “No one sails from the Strait of Hormuz to anywhere in the world without the…

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