Federal govt obtained $11 billion in foreign loans btw July 2025 and April 2026, compared to nearly $6b last year A picture showing $100 bills. SOURCE: REUTERS ISLAMABAD: Pakistan secured nearly $11 billion in external loans during the first 10 months of the current fiscal year 2025-26, marking an increase of 83 per cent compared…
Tehran ‘positively reviewing’ its participation in talks, despite earlier ruling them out, but no decision made Pakistani army soldiers patrol at D Chowk near the President’s House, as Pakistan prepares to host the U.S. and Iran for the second phase of peace talks in Islamabad, Pakistan April 21, 2026. PHOTO: REUTERS The United States expressed…
ISLAMABAD: The Special Investment Facilitation Council (SIFC) has stepped in to revive almost two-decade-old Tuwairqi Steel Mills project, owned by a Saudi group, by approving the supply of gas – a critical input for steel production. An agreement for setting up the mill had been signed during the tenure of Pervez Musharraf’s government but later…
Massive public support saves citizen-run library, with donations exceeding target and securing its future In a remarkable turn of events, Karachi’s citizen-run library Kitab Ghar has been saved from imminent closure after an overwhelming wave of public support enabled it to meet—and significantly exceed—its fundraising target in record time. Earlier this week, the library’s management…
Rift widened when Trump announced he was withdrawing 5,000 of the 36,400 troops the US has stationed in Germany US President Donald Trump speaks at the Forum Club of the Palm Beaches in Florida about the recent interception, boarding, and seizure of Iranian cargo ships and oil tankers by the US Navy. PHOTO: SCREENGRAB With his…
Aryna Sabalenka of Belarus reacts during her women’s quarter-final match at the French Open. Photo: AFP NEW YORK: Aryna Sabalenka brushed off concerns about her slumping form on Friday as she prepared to launch her bid for a third straight US Open crown. The world number one from Belarus arrives in New York following a…
In recent days, operations were carried out in Sultan Colony, Township, Shadbagh, Green Town, other areas Dogs rounded up in a truck during an operation in Lahore. — SCREENGRAB LAHORE: A renewed campaign by the Municipal Corporation Lahore (MCL) against stray dogs has sparked controversy, with animal rights activists alleging that dogs are being killed…
Expert briefs committee that the annual impact of 51 days of war on economy is in the range of $10-14b MNA Syed Naveed Qamar chairs the meeting of the National Assembly Standing Committee on Finance and Revenue at Parliament House in Islamabad on Thursday. Photo: X The Middle East conflict could cause $10-68 billion in annual…
By Yusra Salim/Fouzia Nasir Ahmad | PUBLISHED July 20, 2025 KARACHI: “It was in the early 2000s that my daughter decided to move to the US where her father lived, to finish her high school,” recounts Fareeha Mirza*, a teacher in her 50s, her temples graying, her eyes soft brown. ‘Life in Karachi was getting…
WASHINGTON/SEOUL: US President Donald Trump on Sunday instructed the Pentagon to “substantially reduce” joint military exercises with long-term Asian ally South Korea, citing the cost of the drills and Seoul’s refusal to take part in actions against Iran. Hours before exercises were scheduled to begin, Trump said on his Truth Social site he was “not…