Aurangzeb gets key global pledges

Secures $1.7b AIIB portfolio, JICA lending resumption as Pakistan eyes rating upgrade Finance Minister Muhammad Aurangzeb in an interview at the World Bank Spring Meetings 2026 with China Global Television Network’s program “The Heat”. PHOTO: SCREENGRAB WASHINGTON: Finance Minister Muhammad Aurangzeb concluded a productive final day of engagements at the International Monetary Fund (IMF) and…

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Engr Muhammad Ali Mirza survives gun attack in Jhelum, assailant killed in police firing

Armed man opened fire outside Mirza’s academy; security constable injured in foot, now out of danger, says police Religious scholar Engineer Muhammad Ali Mirza survived an attack on Sunday outside the Quran-o-Sunnah Research Academy in Jhelum. The attacker was killed in police firing, while a policeman was injured. Police spokesperson Kashif Kiani said Mirza was…

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Govt moves to end used car influx

The commerce minister directed industry stakeholders to submit comprehensive proposals for a long-term automotive policy aligned with national industrial goals. Photo: file KARACHI: Pakistan’s auto sector has welcomed a major policy shift aimed at revitalising local manufacturing, as the government moves to phase out used car imports under the baggage scheme, previously responsible for tens…

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‘Economy stronger despite ME risks’

State Bank of Pakistan. Photo: File WASHINGTON: State Bank of Pakistan (SBP) Governor Jameel Ahmad has said that Pakistan’s key macroeconomic indicators have improved faster than anticipated at the beginning of the fiscal year, according to a statement by the central bank on Saturday. While noting that the ongoing conflict in the Middle East has…

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Work on floating jetty begins with Rs120m cost

ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Saturday announced that construction work has begun on an environmentally efficient floating jetty at the Korangi Fisheries Harbour at a cost of Rs120 million to facilitate the offloading of export-quality fish catch. The minister was chairing a meeting of the Korangi Fisheries Harbour Authority…

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