Power sector gets Rs52b equity; blames delays for Rs242m renegotiated EVTL contract The meeting also approved a TSG of Rs1.289 billion for Independence Day and Marka-e-Haq Celebrations 2025, and Rs2 billion for the Marka-e-Haq Monument Project in Islamabad. PHOTO: AFP ISLAMABAD: The Economic Coordination Committee (ECC) has approved a Rs52 billion Technical Supplementary Grant (TSG)…
IRGC says new Hormuz route announced without Iran coordination is unacceptable, dangerous US Secretary of State Marco Rubio speaks during a meeting with foreign ministers of the Gulf Cooperation Council Member States at The Ritz-Carlton Bahrain during Rubio’s visit to the Middle East to discuss the interim deal between the US and Iran with Arab…
Pakistan warns selective implementation undermines UNSC, prolongs unresolved disputes and deepens human suffering Ambassador Asim Iftikhar Ahmad, Permanent Representative of Pakistan to the UN. Photo: X Pakistan and China called for stronger mechanisms to ensure the implementation of UN Security Council resolutions, arguing that selective or prolonged non-implementation undermined the council’s credibility, weakened its authority and prolonged…
$215m annual saving from dollar-to-yuan conversion draws attention of five other nations NAIROBI: Kenya’s move to convert Chinese loans from dollars into yuan to cut borrowing costs is drawing interest from at least five other African and Asian nations, an AidData study found, in a sign debt-laden borrowers are exploring alternatives to expensive dollar-linked financing….
Iran’s foreign ministry spokesman says this is ‘clear, damning admission of NATO’s active complicity in unlawful war’ Iran’s Foreign Ministry Spokesperson, Esmaeil Baqaei. PHOTO: AFP Tehran accused NATO on Thursday of “complicity” in the US-Israeli war against Iran, after the bloc’s chief noted its support for the United States in the conflict. Responding to US…
Burnt-out stalls at Islamabad’s H-9 Sunday Bazaar present a grim picture of fire safety arrangements. PHOTO: Raja Zafar/EXPRESS ISLAMABAD: Hundreds of stalls and their merchandise were reduced to ashes after a fire broke out at the H-9 Sunday Bazaar in Islamabad. Fire brigade teams reached the scene and brought the blaze under control, while traders…
Cross-border ETFs on horizon; SECP, NAB ink deal to crack down on illegal deposit schemes ISLAMABAD: The China Financial Futures Exchange has welcomed steps taken by the Securities and Exchange Commission of Pakistan (SECP) to promote investment, expressing strong confidence in the future of Pakistan’s capital markets. In a letter to SECP Chairman Dr Kabir…
Trump administration asked Congress for $70 billion to cover the cost of the war US President Donald Trump walks with Senate Majority Leader John Thune (R-SD) to the Senate Republican Steering Committee lunch at the US Capitol, in Washington, DC on June 24, 2026. Photo: Reuters US President Donald Trump faced pointed criticism over the Iran war in…
ISLAMABAD: Opposition Leader Mahmood Khan Achakzai and National Assembly Speaker Sardar Ayaz Sadiq exchanged sharp remarks during the National Assembly’s budget session on Wednesday, while JUI-F chief Maulana Fazlur Rehman called for restraint amid rising tensions in the house. Speaking on the floor of the house, Achakzai, who also leads an opposition parties’ alliance TTAP,…
ISLAMABAD: Pakistan and the United States have discussed ways to enhance bilateral cooperation in the maritime sector, focusing on investment, trade, port development and the blue economy, according to a statement issued on Wednesday. Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry highlighted the strategic importance of Pakistan’s ports and coastal resources during a…