Oil prices rise on investor doubt

By helping the world reduce oil prices from the $150-$200 range and saving hundreds of billions in import bills and high interest expense, Pakistan has earned its seat at the table. photo: REUTERS HOUSTON: Oil prices rose on Friday as investors doubted the prospect of a breakthrough in US-Iran peace talks, but prices remained on…

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Türkiye captures 10 ISIS suspects in Syria, including figure linked to Ankara train station attack

Among those seized was the man Turkish intelligence identifies as ISIS’s intelligence chief for all of Turkey Turkiye’s National Intelligence Organisation (MIT) on Saturday said 10 ISIS (Daesh) suspects, including one linked to the 2015 Ankara train station attack, were captured in Syria in a joint operation with Syrian intelligence, Turkish security sources said. According…

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NCCIA busts gang selling citizens’ data

ISLAMABAD: A gang allegedly involved in stealing sensitive data of prominent Pakistani individuals and selling it to foreign agencies has been busted, National Cyber Crime Investigation Agency (NCCIA) Director General Syed Khurram Ali said on Friday. Addressing a press conference in Islamabad, the DG said the NCCIA apprehended the group in South Punjab. “So far,…

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Pakistan honoured at Drone Congress

PVARA chairman says blockchain integration with drone tech can boost logistics, transparency ISLAMABAD: Pakistan was designated as the Country of Honour at the 10th anniversary of the World Drone Congress in Shenzhen, where Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA) Bilal Bin Saqib represented the country, according to a statement issued on Friday….

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UN chief ‘disappointed’ after nuclear treaty conference fails to reach agreement

Guterres says the NPT Review Conference fell short at precisely the moment the world needed it most United Nations Secretary-General Antonio Guterres speaks to delegates during a meeting on Nuclear Non-Proliferation Treaty at UN headquarters in New York City, US, April 27, 2026. REUTERS UN Secretary-General Antonio Guterres on Friday expressed disappointment after a major…

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Fake electricity subsidy links spread online

To cover losses, successive governments have increased electricity prices and imposed a Rs3.23 per unit surcharge to service debts taken for power distribution companies, pushing energy prices to the highest levels in the region. Photo: file ISLAMABAD: The Ministry of Energy’s Power Division on Friday warned electricity consumers against fraudulent schemes involving fake links and…

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Gold steady despiteglobal slide

At current prices, the looted gold is worth around $70 million. PHOTO: PIXABAY KARACHI: Gold prices in Pakistan remained unchanged on Friday despite a decline in international bullion markets, where stronger oil prices and a firmer US dollar weighed on investor sentiment and increased expectations of another US interest rate hike. In the local market,…

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Iran says US ‘betrayals, contradictions, excessive demands’ disrupting talks

Araghchi says despite deep mistrust toward US, Iran has re-entered the diplomatic process Iran’s Foreign Minister Abbas Araghchi attends a press conference at the Iranian embassy in New Delhi, India on May 15, 2026. PHOTO: REUTERS Iran on Saturday attributed difficulties in the Pakistan-mediated negotiations between Tehran and the United States to what it described…

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PM pushes investment under SIFC umbrella

Under PM’s leadership, the Government of Pakistan was taking positive steps to facilitate investors under the SIFC ISLAMABAD: Prime Minister Shehbaz Sharif on Friday said the government was prioritising measures to boost foreign investment, as the obstacles had already been cleared through the Special Investment Facilitation Council (SIFC). The prime minister, in a meeting with…

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NEV policy dispute intensifies

With millions of combustion vehicles plying across the province, a small official electric fleet will not reduce air pollution levels. PHOTO: PIXABAY LAHORE: Pakistan’s proposed New Energy Vehicle (NEV) policy, designed to accelerate the shift towards cleaner mobility by reducing emissions and oil imports, promoting transport electrification and developing a local EV ecosystem, is rapidly…

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