Prime Minister Shehbaz Sharif. SCREENGRAB LAHORE: Prime Minister Shehbaz Sharif on Sunday urged provincial governments to provide their respective shares for the subsidy package at the earliest, expressing hope that all federating units would support the national relief effort. He made these remarks while chairing a meeting to review progress on the implementation of subsidies…
Company says US-Iran delegations’ visit halted oil tanker movement, disrupting crude supply, dispatches and operations Attock Refinery gained the most from its competitors in July. Attock Refinery Limited (ARL) has announced the shutdown of its main crude distillation unit following disruptions in oil supply and product dispatch caused by traffic restrictions in Islamabad ahead of…
GDP declines 0.1% as trade uncertainty, tariffs and falling investment pressure economy OTTAWA: Canada’s economy posted a surprise contraction in the first quarter versus the year before, making it two straight quarters of annualised decline – which some economists call a technical recession – as the country struggles with US tariff uncertainty. Gross domestic product…
Allegtaion that Inland Revenue officials recovered large amount under coercive circumstances without lawful assessment ISLAMABAD: The Federal Tax Ombudsman (FTO) has ruled that obtaining tax deposits from taxpayers during proceedings under Section 175C of the Income Tax Ordinance, 2001, without subsequently determining liability through the prescribed legal process, constitutes maladministration. The complaint was filed by…
The newly elected AJK prime minister will take the oath between 4pm and 5pm on August 27 A picture of Shah Ghulam Qadir, who has been nominated by PML-N as prime minister of Azad Jammu and Kashmir. — AJK ELECTION RESULTS PORTAL The schedule for the election of the prime minister of Azad Jammu and Kashmir (AJK)…
Jordan’s Deputy Prime Minister (DPM) and Foreign Minister (FM) Ayman Safadi on Sunday spoke with FM Ishaq Dar and appreciated Pakistan’s constructive role and continued efforts for peace. According to the Ministry of Foreign Affairs, the two leaders discussed the evolving regional situation and exchanged views on efforts to promote peace and stability in the…
A government official said that the first round of talks between Pakistan and Sweden was scheduled for November 17-18 in Islamabad. The government is also negotiating its investment treaty with Hungary, hoping for an early agreement with these two nations. Photo: file ISLAMABAD: Ambassador Alexandra Berg von Linde has said that Sweden is looking forward…
File Photo: Vessels at the Strait of Hormuz, as seen from Musandam, Oman, July 21, 2026. REUTERS The United Nations on Friday called for the safe evacuation and repatriation of some 6,000 sailors stuck in a “dire humanitarian and human rights crisis” in the Strait of Hormuz. UN human rights chief Volker Turk called for…
Three foreign ministers also exchange views on regional and international security issues Deputy Prime Minister and Foreign Minister Ishaq Dar meets his Saudi and Turkish counterparts Prince Faisal bin Farhan Al Saud and Hakan Fidan on the sidelines of the UN General Assembly in New York on September 25. PHOTO: FOREIGNOFFICE/X Deputy Prime Minister and…
US crude falls 15% to $96.31, Brent down 13% to $94.71 after market reacts to US-Iran ceasefire news Oil prices slid, stocks and bonds surged, while the safe-haven dollar was knocked back on Wednesday, as a two-week Middle East ceasefire brought some relief to markets on hopes for a resumption of oil and gas flows…