AIIB signs $320m loan for N-5 reconstruction

Modern, climate-resilient design to upgrade key transport corridor linking three provinces ISLAMABAD: The Economic Affairs Division (EAD) and the Asian Infrastructure Investment Bank (AIIB) have signed a loan agreement of $320.16 million for the reconstruction of critical sections of National Highway N-5 under Pakistan’s Resilient Recovery, Rehabilitation and Reconstruction Framework Project, according to a statement…

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Taijul leads BD to Pak series sweep

The Bangladesh players after completing a 2-0 sweep over Pakistan. Photo: BCB Spinner Taijul Islam took six wickets to lead Bangladesh to a 78-run win over Pakistan in the second Test and clinch a famous 2-0 series win on Wednesday. Pakistan, who started the fifth day on 316-7 chasing a record 437, were bowled out…

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Arsenal crowned EPL champions

Arsenal fans celebrate winning the Premier League. Photo: AFP LONDON: Arsenal celebrated their first Premier League title for 22 years on Tuesday after Manchester City were held to a 1-1 draw by Bournemouth, sparking wild scenes of joy around the Emirates Stadium. City had to win to take the fight to the final day but…

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Rain havoc claims two lives in K-P

PESHAWAR: At least two people were killed and 11 others injured in rain-related incidents across Khyber Pakhtunkhwa as heavy rain and thunderstorms lashed parts of the province, prompting fresh weather warnings from authorities for the coming days. According to the Provincial Disaster Management Authority (PDMA), the fatalities were reported from Mardan during rain-related incidents on…

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$2b profit sent abroad in 10 months

KARACHI: Foreign companies operating in Pakistan repatriated $172 million in profits during April 2026, marking a significant 42% increase compared to the same month of last year, according to data released by the State Bank of Pakistan (SBP). The sharp rise was primarily driven by the financial business sector, which accounted for $72 million in…

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KSE-100 rises 715 points as buying activity picks up across key sectors

Index touches intraday high of 163,814 amid positive investor sentiment, easing oil prices KARACHI: The Pakistan Stock Exchange (PSX) witnessed a cautious yet positive start to Wednesday’s trading session, with the benchmark KSE-100 Index showing early signs of stability amid improving investor sentiment. The benchmark KSE-100 Index was trading at 163,611.87 with gains of 715.19…

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Pakistan-China relations are multidimensional, based on mutual trust, respect: DPM Dar

Says both countries remained in close coordination at international forums to defend interests of developing nations DPM and FM Senator Ishaq Dar addressing the Senate. SCREENGRAB ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar on Wednesday said that Pakistan and China’s bilateral relations were multidimensional and based on mutual trust, respect, and benefit, as…

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