‘If the UAE had a problem … we would be there for them,’ he says US President Donald Trump signs an executive order encouraging more research into ibogaine, next to U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy Jr., Joe Rogan, and Americans for Ibogaine CEO W. Bryan Hubbard, in the Oval Office…
ISLAMABAD: Pakistan State Oil (PSO) has imported petroleum products at hefty premiums to meet the country’s needs, but this high cost will put an additional burden on oil consumers, who are already reeling from exorbitant fuel prices. Amid US-Israel and Iran war, which has choked the Strait of Hormuz – a critical waterway for oil…
KARACHI: Gold prices in Pakistan retreated significantly on Monday, tracking a sharp downturn in the international market, as global investors navigated a volatile mix of geopolitical tensions and strengthening economic indicators. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold per tola dropped by Rs4,900 to settle at Rs501,162….
Says country recently re-entered international capital markets after 4-year hiatus through Eurobond transaction Finance Minister Muhammad Aurangzeb holds meeting with European Union ambassador, Raimundas Karoblis in Islamabad. PHOTO: X Finance Minister Muhammad Aurangzeb on Tuesday said the country was making a steady return to macroeconomic stability and regaining access to international capital markets. According to…
Modi, Lee agree to revamp 2010 trade pact, target doubling bilateral transactions SEOUL/ NEW DELHI: India and South Korea said on Monday that they would boost their economic ties by expanding cooperation in energy, critical minerals, shipbuilding, semiconductors and steel as they seek to double their trade to $50 billion by 2030. New Delhi and…
Inflows expected to bolster foreign exchange reserves amid ongoing efforts to maintain macroeconomic stability SFD signs agreement to extend $3b deposit with the SBP. PHOTO: Radio Pakistan The State Bank of Pakistan (SBP) said on Tuesday that the country has received $1 billion from the Ministry of Finance of Saudi Arabia, marking the second tranche…
Market touches an intraday high of 175,298.11, while the low is recorded at 173,405.57 KARACHI: Buying momentum returned to the Pakistan Stock Exchange (PSX) on Tuesday, as investor sentiment improved amid growing optimism over a potential second round of US-Iran talks aimed at resolving the ongoing conflict. Hopes that diplomacy may progress have weighed on…
Crypto scam exploits Hormuz crisis, tricking shipping firms with false promises of safe passage A vessel at the Strait of Hormuz, off the coast of Oman’s Musandam province. PHOTO: REUTERS Fraudulent messages promising safe passage through the Strait of Hormuz in exchange for cryptocurrency have been sent to some shipping companies whose vessels are stranded…
Crude plunged on Friday after Tehran said it would allow ships to transit the Strait of Hormuz A map showing the Strait of Hormuz, also known as Madiq Hurmuz, and 3D printed oil barrels are seen in this illustration taken March 26, 2026. PHOTO: REUTERS HONG KONG: With the end of a two-week ceasefire approaching,…
Naphtha plant faces Chinese financing delays as FPCCI pushes for capital infusion KARACHI: Pakistan cannot transform its export mix to China without targeted investment in value-added production, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Senior Vice President Saquib Fayyaz Magoon has said during a meeting with Consul General Shahzad Ahmed in Shanghai, according…