Lahore records 343mm of rain in 48 hours as authorities intensify drainage operations across the city A traffic police officer redirects traffic as heavy monsoon rains lash Lahore for the second day. PHOTO: EXPRESS LAHORE: At least 43 people have died, and 177 others have been injured in monsoon-related incidents across Punjab and Khyber-Pakhtunkhwa (K-P), the…
US and Saudi flags flutter along a highway of Riyadh, as pictured through the glass of a car, ahead of the arrival of US President Donald Trump to Riyadh, Saudi Arabia. Photo: Reuters A deal between the United States and Saudi Arabia allowing the kingdom to build nuclear reactors using American technology and to enrich…
Iftikhar urges UNSC to remain vigilant against the exploitation or weaponisation of natural resources Pakistan on Thursday rejected Indian remarks at the United Nations Security Council on the Indus Waters Treaty (IWT) and terrorism as a ‘futile attempt’ to distort facts, saying India’s statement was an effort to conceal its alleged sponsorship and financing of…
KARACHI/PAKISTAN: Standard & Poor’s raised Pakistan’s credit rating by a notch to B on Wednesday, citing improved political and institutional stability that helped implement tough reforms. Political stability has bolstered the government’s capacity to implement reforms. On July 22, 2026, S&P Global Ratings raised its long-term sovereign credit rating on Pakistan to B from B…
Israeli police impose restrictions on Palestinian worshippers; occupiers mark ‘anniversary’ of ‘destruction of Temple’ Israeli settlers raised Israeli flags inside the Al Aqsa Mosque on April 21, 2026. PHOTO: West Bank Notifications X Around 1,300 Israeli occupiers stormed the Al-Aqsa Mosque compound in occupied East Jerusalem on Thursday morning as they marked the Jewish holiday…
Condemns Houthi attacks, warns any act against Pakistani vessels will be regarded as grave threat to national security FO spokesperson Tahir Andrabi addresses a weekly press briefing in Islamabad. Photo: Screengrab Pakistan on Thursday expressed “disappointment” over the European Union’s latest GSP+ assessment, saying the report failed to present a balanced picture of the country’s…
DIGITALISATION: Over the medium term, the sector is expected to benefit from regulatory pushes towards a documented, cashless economy, which should structurally enhance the low-cost deposit base. PHOTO:FIL KARACHI: Pakistan’s commercial banking sector is expected to face a squeeze on profitability in the second quarter of 2026 as elevated provisions, narrowing margins and weaker non-funded…
Reiterates Pakistan’s unwavering support for Kingdom’s security, sovereignty, territorial integrity and prosperity Saudi Crown Prince Mohammed bin Salman meets Prime Minister Shehbaz Sharif upon his arrival in Jeddah, Saudi Arabia on April 29, 2022. Photo: Reuters Prime Minister Shehbaz Sharif on Thursday condemned attacks carried out by the Houthi militia against Saudi oil tankers in…
President Asif Ali Zardari. Photo: File President Asif Ali Zardari on Thursday directed all federal, provincial and local authorities to intensify coordinated preparedness, rescue and relief measures as the country enters a critical phase of the monsoon season amid heightened risks of flash floods, cloudbursts, glacial lake outburst floods (GLOFs), landslides and urban flooding. In…
Discussions focus on reform agenda, including tax, energy sector reforms, privatisation, debt management Finance Minister Muhammad Auranzgeb held a series of meetings with senior International Monetary Fund officials including First Deputy Managing Director Dan Katz, Deputy Managing Director Nigel Clarke, Middle East and Central Asia Department Director Jihad Azour, and IMF Mission Chief for Pakistan…