Federal Minister for Board of Investment Qaiser Ahmed Sheikh, during his visit to London, engaged in high-level interactions with global financial leaders and institutions, underscoring Pakistan's commitment to strengthening international investment partnerships and enhancing professional standards in the financial sector. The meeting, hosted at the headquarters of the Chartered Institute for Securities & Investment (CISI),…
A billboard about the Strait of Hormuz on a building, amid a ceasefire between U.S. and Iran, in Tehran, Iran, April 22, 2026. PHOTO: REUTERS Iran seized two ships in the Strait of Hormuz as it tightened its grip on the strategic waterway after US President Donald Trump announced he was indefinitely calling off attacks, with no sign of peace…
Meeting also decided to establish joint counters and introduce a unified checking system at a single point ISLAMABAD: The government has decided to install modern machinery at airports to improve the checking process and facilitate passengers through a one-window operation. This decision was made in a special meeting chaired by Federal Interior Minister Mohsin Naqvi…
LAHORE: Prices of plastic products across Pakistan have surged sharply in recent weeks, driven by supply disruptions and volatility in petroleum-linked raw materials, affecting a broad range of everyday consumer goods. Industry representatives say the price of plastic resin, a key petroleum-derived raw material, has risen steeply following import constraints linked to geopolitical tensions, including…
Balcazar canceled a signing ceremony last Friday for the acquisition of Lockheed Martin F-16 jets LIMA: Peru’s defense minister and foreign minister resigned from their posts on Wednesday, amid growing speculation over the status of a multi-billion-dollar purchase of F-16 aircraft from the United States. Interim President Jose Balcazar, who leaves office in July, sought…
Energy costs, currency pressures drive price stickiness as food inflation remains vulnerable KARACHI: Inflation is expected to remain in double digits in April 2026 as underlying cost pressures continue to dominate the economic outlook. Despite some easing in food supply conditions, overall price dynamics remain elevated, driven by persistent energy costs, currency-related pressures and structural…
ISLAMABAD: The Supreme Court on Wednesday said it had set a new benchmark in the delivery of digital justice, reaffirming its commitment to a people-friendly, transparent, and technology-driven judicial system. In an official statement, the court said case hearings were successfully conducted across the country using modern technology, enabling seamless judicial proceedings even in challenging…
BEIJING: China has selected two Pakistani astronauts as candidates for its manned space programme, CCTV reported on Wednesday. The candidates are Muhammad Zeeshan Ali and Khurram Daud. Both will travel to China for training, and one will participate in a flight mission as a payload specialist and become the first foreign astronaut in China’s space…
Iranian walks past a giant billboard reading ‘The Strait of Hormuz remains closed’ at Revolution Square in Tehran. Photo: AFP WASHINGTON/TEHRAN: Iranian President Masoud Pezeshkian has said that the “breach of commitments, blockade and threats” were the main obstacles to genuine negotiations. “Tehran wants to continue peace talks but the US’ breach of commitments, blockade…
ISLAMABAD: Amid road blockades linked to a second round of US-Iran ceasefire talks in Islamabad, the Attock Refinery Limited (ARL) has warned of a looming oil crisis, citing falling crude supplies and approached the GHQ to clear stranded crude tankers. The refinery, which processes 100% indigenous crude oil sourced from Khyber-Pakhtunkhwa and the Potohar region,…