NEW YORK: Oil prices rose by 3% on Friday after the US and Iran stepped up attacks across the Gulf, with shipping threatened by a potential Red Sea closure on top of the restricted traffic through the Strait of Hormuz. Brent crude futures rose by $2.49, or 2.96%, to $86.72 a barrel by 1550 GMT….
Pakistan Women’s team will play three T20Is and the same number of ODIs during the South Africa tour. Photo: ICC/file The Women’s National Selection Committee has named 15-member squads for the ODI and T20I series against Sri Lanka, scheduled to take place in Hambantota, Sri Lanka from 23 July to 4 August. Fatima Sana continues…
TOKYO: France beat Japan 42-15 on Saturday to wrap up their Nations Championship southern hemisphere series with a comfortable win in humid Tokyo. France scored six tries against a Japan side that never gave in but were ultimately outclassed by the Six Nations champions. The result meant France finished their three games with wins over…
PAA’s fresh NOTAM keeps ban on Indian-registered, operated, owned and leased planes in force Airspace. Photo: (file) Pakistan extended the closure of its airspace to Indian aircraft until August 24, the Pakistan Airports Authority (PAA) said on Saturday. The PAA issued a Notice to Airmen (NOTAM) extending the ban on Indian aircraft, under which they…
KARACHI: Bank lending to the automobile sector, housing finance, personal loans and private-sector credit exhibited a strong year-on-year growth in Pakistan. According to statistics released by Arif Habib Limited (AHL), auto financing increased by 3.4% month-on-month and 38% year-on-year. Outstanding auto loans reached Rs381.69 billion in June 2026. Earlier, Pakistan Automotive Manufacturers Association reported that…
Miguel Diaz-Canel argues US-backed far right uses ‘radical left’ to justify ‘aggression’ President of Cuba Miguel Diaz-Canel. PHOTO: ANADOLU AGENCY Cuba’s president on Friday denounced the latest United States sanctions on his country, accusing Washington of reviving a “new and more dangerous version of McCarthyism” through a campaign against what he called a global “radical…
ISLAMABAD: Electricity consumers across Pakistan could face another increase in power bills next month after power companies sought a Rs1.20 per unit fuel cost adjustment (FCA) for August, citing higher generation costs driven largely by expensive imported fuels, particularly Regasified Liquefied Natural Gas (RLNG). If approved by the National Electric Power Regulatory Authority (Nepra), the…
KARACHI: Pakistan’s information technology (IT) exports climbed to a record $4.600 billion in fiscal year 2025-26, extending the sector’s strong growth trajectory and reinforcing its position as the country’s largest services export. According to the State Bank of Pakistan’s (SBP) Balance of Payments data released on Friday, exports under the “Telecommunications, Computer and Information Services”…
Israel’s Higher Planning Council advances nine such projects since beginning of July, entrenching de facto annexation The Palestinian Colonisation and Wall Resistance Commission warned Friday that Israel is advancing new illegal settlement plans in the occupied West Bank involving the construction of 1,024 settlement units on more than 1,069 dunams (1,264.2 acres) of Palestinian land….
ISLAMABAD: A district and sessions court in Islamabad on Saturday declared Pakistan Tehreek-e-Insaf (PTI) leader Omar Ayub a proclaimed offender in a case related to the November 26 protest. The court also issued permanent arrest warrants for Ayub. Judicial Magistrate Shaista Kundi heard the case. The court declared Ayub a proclaimed offender after he repeatedly…