Company says US-Iran delegations’ visit halted oil tanker movement, disrupting crude supply, dispatches and operations Attock Refinery gained the most from its competitors in July. Attock Refinery Limited (ARL) has announced the shutdown of its main crude distillation unit following disruptions in oil supply and product dispatch caused by traffic restrictions in Islamabad ahead of…
Leicester City have been relegated to League One. Photo: REUTERS LONDON: Former Premier League champions Leicester were relegated to the third tier for only the second time in their history after a 2-2 draw against Hull on Tuesday.Gary Rowett’s side needed a victory at the King Power Stadium to keep alive their slender hopes of…
Victor Wembanyama exited the San Antonio Spurs’ playoff clash with the Portland Trail Blazers after suffering a head injury. Photo: AFP LOS ANGELES: The Portland Trail Blazers exploited an injury to Victor Wembanyama to score an upset 106-103 victory over the second-seeded San Antonio Spurs in their NBA Western Conference playoff series on Tuesday.San Antonio…
Meeting comes after Trump extended ceasefire last night at the request of PM Shehbaz and CDF Munir Iranian Ambassador Reza Amiri Moghadam with Prime Minister Shehbaz Sharif on April 22, 2026. Photo: PMO/X Iranian Ambassador Reza Amiri Moghadam called on Prime Minister Shehbaz Sharif on Wednesday and discussed the ongoing regional situation following the extension…
Gold and silver prices extended their decline on Wednesday in the local market after the price of gold per ounce fell by $12 to $4,766 in the international market. According to the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), in local markets, the price of gold per tola decreased by Rs1,200 to Rs498,962, while…
United Kingdom Maritime Trade Operations said master of the vessel reported being approached by an IRGC gunboat At least three container ships were hit by gunfire in the Strait of Hormuz on Wednesday, maritime security sources and the United Kingdom Maritime Trade Operations (UKMTO) said. Iran has imposed restrictions on ships using the strait, first…
RAWALPINDI: Ahead of the monsoon season, the cleaning and desilting of Nullah Leh and 15 city drainage channels will be completed at a cost of Rs80 million. The operation is scheduled to begin on May 1 and will be finalised by June 15. The Water and Sanitation Agency (WASA) has initiated the contracting process for…
Jam Kamal sees grassroots training as external trade engine with digital linkages ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan has said that Pakistan can significantly boost its exports by combining skills development, e-commerce integration and gradual formalisation of the economy, while ensuring a level playing field for compliant businesses, according to a statement issued…
Saudi inflows offer limited support as US-Iran uncertainty keeps investors cautious The Pakistan Stock Exchange (PSX) displayed a fragile and indecisive tone on Wednesday, reflecting heightened geopolitical uncertainty and cautious investor sentiment. The benchmark KSE-100 index opened under pressure, setting a jittery tone early in the session. Intra-day movement remained volatile, with the market briefly…
PM says, Pakistan values its cordial and friendly relations with Bulgaria, expresses hope for closer cooperation Prime Minister Shehbaz Sharif on Wednesday congratulated Rumen Radev on what he described as a “historic victory” in Bulgaria’s recent parliamentary elections. In a post shared by the PM Shehbaz on X, he said Pakistan “values its cordial and…