$2.45 billion had been repaid last week, bringing the total repayment to $3.45 billion Pakistan has completed the repayment of $3.45 billion in deposits to the United Arab Emirates (UAE) after returning a final tranche of $1 billion, the State Bank of Pakistan (SBP) announced on Friday. In a post on X, the SBP announced that…
Selling hits banking, fertilisers, oil and gas stocks, KSE-100 hovers near 167,000, down 1.19% at midday KARACHI: The Pakistan Stock Exchange (PSX) remained under the hammer during Friday’s early trading as geopolitical tremors continued to fuel panic selling, eroding the benchmark KSE-100 Index by over 2,000 points by midday. After plunging nearly 2,400 points in…
Chief Justice of Pakistan Yahya Afridi. Photo: Supreme Court of Pakistan/ File ISLAMABAD: Chief Justice of Pakistan Yahya Afridi has opposed the proposed transfer of five judges of the Islamabad High Court (IHC) to other high courts, cautioning that such a move could undermine judicial independence and set an undesirable precedent. The development follows a…
The well is flowing through a 32/64-inch choke at a pressure of 3,585 pounds per square inch ISLAMABAD: Oil and Gas Development Company (OGDC) on Thursday announced the revival of gas production from Jand-1 well, located in Attock district of Punjab province, marking a significant operational achievement. According to a statement issued by the company,…
‘There’s nothing worse than a nuclear weapon that takes out cities, destroys the Middle East,’ US President Donald Trump speaks at a press briefing at the White House. SCREENGRAB: Department of State on X US President Donald Trump said on Thursday that he would not use a nuclear weapon in the war against Iran. “Why would I use a nuclear weapon?…
Terrorists opened indiscriminate fire during the operation, resulting in the death of a 10-year-old child, says ISPR Security forces and law enforcement agencies killed 22 terrorists during a joint intelligence-based operation (IBO) in the Khyber district of Khyber-Pakhtunkhwa (K-P) on April 21, the military’s media wing said on Friday. According to a statement issued by the…
State Bank of Pakistan. Photo: File KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves increased by $18 million during the week ended April 17, 2026, reaching $15.097 billion, according to official data released on Thursday. Overall, the country’s total liquid foreign reserves stood at $20.628 billion. Breakdown shows the SBP-held reserves at $15.097…
ISLAMABAD: Foreign ministers of Pakistan and seven other Muslim countries on Thursday condemned Israel’s “unacceptable” violations against Islamic and Christian sites in Jerusalem, describing them as repeated breaches of the historic and legal status quo at the holy sites by Israeli occupation authorities. The condemnation came amid continued reports of incursions, as a day earlier,…
ISLAMABAD: Questions are being raised once again about growing internal differences within the Pakistan Tehreek-e-Insaf (PTI) after not a single party leader turned up at the Adiala Jail to meet the party founder and incarcerated former prime minister Imran Khan on Thursday. The official meeting time ended without any leader arriving, even though the party…
. DHAKA: Bangladesh recorded 194 child deaths due to measles in an outbreak that began last month, while the number of suspected child cases exceeded 28,000, the government data showed on Thursday. Between three and five children died from the disease every day for the past week. Five children died on Wednesday, including three in…