Reko Diq project remains on track: Barrick

ISLAMABAD: While dismissing the perception of backing out of a multibillion-dollar gold and copper project, Canadian firm Barrick Gold has assured Pakistan that it will continue development work despite the regional conflict. Earlier, Barrick had stated that it would review the Reko Diq project, located in the Chagai district of Balochistan, in the wake of…

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Saudi investors eye three motorway projects

Prince Mansour assured minister of full cooperation, expressed great optimism regarding outcomes of his visit ISLAMABAD: Saudi Pakistan Joint Business Council Chairman Prince Mansour bin Muhammad Al Saud has expressed strong interest in investing in Pakistan’s motorway projects during a meeting with Federal Minister for Communications Abdul Aleem Khan, according to a statement issued on…

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Three-day technology and books festival kicks off in Karachi

Authors, publishers, innovators, startup founders and other experts are participating during the three-day festival “Haprow”, a cute little robot helps the kids in learning. PHOTO: AUTHOR KARACHI: The three-day Karachi International Books and Technology Fair (KIBTF) kicked off at the Karachi Expo Centre on Friday. Educational technologies, STEM competitions and thought-provoking talk sessions are also…

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Shehbaz woos Bilawal on budget backing

ISLAMABAD: Seeking to maintain the backing of a crucial coalition partner, Prime Minister Shehbaz Sharif on Wednesday met PPP Chairman Bilawal Bhutto-Zardari to discuss and ease his party’s reservations about the federal budget for fiscal year 2026-27. The meeting came after the PPP chairman reportedly indicated that he would not speak during the ongoing budget…

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Current account surplus shrinks

KARACHI: Pakistan’s current account surplus narrowed sharply in May 2026 as rising imports offset gains from remittances and services exports, signalling that external account pressures are beginning to re-emerge amid an economic recovery. According to data released by the State Bank of Pakistan (SBP), the country recorded a current account surplus of $255 million in…

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US, Iran edge closer to deal

Trump says has ‘a lot of agreement with Iran’ Announces 10-day truce between Israel, Lebanon Hegseth warns mil A staff member removes the Iranian flag from the stage after a group picture with foreign ministers and representatives of the US, Iran, China, Russia, Britain, Germany, France and the European Union during Iran nuclear talks at…

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