Exit of UAE widens rift with Saudi Arabia, which is effectively OPEC’s leader The United Arab Emirates is reassessing its role and contributions across multilateral organisations but is not considering any further withdrawals at this time, a UAE official told Reuters on Wednesday, a day after Abu Dhabi announced its withdrawal from the Organisation of…
EIB returns to Pakistan after decade with €160m loans for housing, water projects ISLAMABAD: Finance Minister Muhammad Aurangzeb has said that the government would stay on the path of fiscal stabilisation and Pakistan’s economy is poised to grow 4% this fiscal year despite the ongoing Middle East conflict, as he urged Europeans to invest in…
Report confirms that visuals show Israel’s airstrike on the Terhan oil depot that occurred on March 7 Multiple pro-Iranian accounts were sharing a video since Tuesday on the social media platform X, claiming that it shows missile attacks in Iran without specifying who carried them out during the ongoing conflict in the Middle East. However,…
Former prime minister rejects notion that federal government does not provide adequate financial resources to Karachi Shahid Khaqan Abbasi addressing a press conference in Karachi alongside former finance minister Miftah Ismail and other party leaders. Photo: Screengrab KARACHI: Awam Pakistan Party central convener Shahid Khaqan Abbasi on Wednesday criticised the government’s petroleum pricing policy, calling…
Brent crude futures for June climbed $2.93, or 2.7%, to $111.16 a barrel at 1532 GMT NEW YORK: Oil prices pared earlier gains after the United Arab Emirates said it would leave OPEC and OPEC+, easing some supply concerns, though prices held near the upper end of a nearly 3% rally as stalled efforts to…
The former captain is focused on building a cohesive unit ahead of Bangladesh series Pakistan red-ball Head Coach Sarfaraz Ahmed was addressing a press conference in Lahore. Photo: PCB/File KARACHI: Pakistan Test head coach Sarfaraz Ahmed on Wednesday brushed aside criticism over his appointment, saying he remains focused on preparing the national side for their…
Minister says deal opens avenues for employment, aligns local certifications with international standards ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has welcomed the signing of a memorandum of understanding (MoU) with Norway that will allow Pakistani seafarers to serve aboard Norwegian-flagged vessels, according to an official statement issued on Tuesday. Hailing the…
Cafe powered by Google’s Gemini hires staff, orders supplies and manages operations with mixed results An experimental cafe run by AI opens in Stockholm. PHOTO: AFP The avocado toasts and baristas making foamy lattes make it look like any other cafe, except at this one, located in a Stockholm residential neighbourhood, artificial intelligence (AI) is…
ISLAMABAD: Mental health experts are increasingly highlighting the positive impact of maintaining a clean and organised home on overall psychological well-being, noting that simple household chores can play a meaningful role in reducing stress and anxiety. As awareness about mental health continues to grow, experts suggest that maintaining a clean home should be viewed not…
KARACHI: The State Bank of Pakistan (SBP) raised over Rs512 billion through the auction of Pakistan Investment Bonds (PIBs), reflecting strong participation from banks amid increased interest rates. According to the auction result released on Tuesday, the central bank received total bids worth Rs906.4 billion across multiple tenors, against which it accepted Rs499.4 billion in…