ISLAMABAD: Pakistan has tapped a $300 million Russian seafood market with approval of 16 local processing plants for export of their products. Russian seafood imports are estimated at around $3 billion and now Pakistan can make inroads into this vast market. At present, Pakistan’s overall seafood exports stand close to $500 million per annum, which…
ISLAMABAD: Federal Minister for Power Division Sardar Awais Ahmed Khan Leghari has taken serious notice of power off-take from small power producers (SPPs) and captive power plants (CPPs) by distribution companies (DISCOs) at tariffs exceeding the prevailing national merit order, according to a statement issued on Wednesday. The matter was revealed during a stock-taking of…
FIFA President Gianni Infantino is juggling multiple issues ahead of the 76th FIFA Congress in Vancouver, the last major gathering of football’s global governing body before the World Cup. Photo: AFP LONDON: Football’s power brokers meet in Vancouver on Thursday as FIFA convenes its 76th Congress, a high stakes gathering less than two months before…
Analysts have estimated a loss of 7 million to 10 million barrels per day of Middle East oil production due to ongoing war. PHOTO: PEXELS Oil prices jumped almost 3% on Monday as peace talks between the United States and Iran stalled and shipments through the Strait of Hormuz remained limited, keeping global oil supplies…
Hussain outlines vision for climate-smart agriculture, regional cooperation at FAO conference ISLAMABAD: Pakistan has reaffirmed its strong commitment to advancing resilient, inclusive and sustainable agrifood systems during the 38th Ministerial Session of the Food and Agriculture Organisation (FAO), according to a statement issued on Friday. Federal Minister for National Food Security and Research Rana Tanveer…
. WASHINGTON: The United States imposed new sanctions on Tuesday targeting 14 people and companies that help Iran obtain weapons as Tehran works to rebuild its ballistic missile inventories after US-Israeli attacks, the Treasury Department said. The targets, which also include aircraft, are based in Iran, Turkey and the United Arab Emirates and were cited…
Lawyers strike in protest of Imaan Mazari and Hadi Ali Chattha’s arrests halt all court proceedings, Islamabad High Court PHOTO: EXPRESS ISLAMABAD: The Federal Constitutional Court (FCC) has ruled that it possesses the authority to initiate contempt of court proceedings under the existing constitutional framework. In a 13-page judgement authored by Justice Aamer Farooq in…
Says Pakistan has reaffirmed its position as responsible, pivotal state in international community A meeting between President Asif Ali Zardari and Prime Minister Shehbaz Sharif on Tuesday. — PPP President Asif Ali Zardari tasked Prime Minister Shehbaz Sharif and Foreign Minister Ishaq Dar on Tuesday to remain proactively engaged with the United States and Iran to…
FAISALABAD: The labour department has carried out 27,005 inspections across textile units, factories and workshops over the past one and a half years to check violations of child labour laws, minimum wage regulations and occupational health and safety rules, officials said. According to the department, 527 cases were registered against violators while 12,107 challans were…
KARACHI: Gold prices in Pakistan extended their decline on Wednesday, tracking losses in the international market, where bullion fell for a third consecutive session amid uncertainty over global monetary policy and geopolitical tensions. In the local market, the price of gold per tola dropped by Rs5,500 to settle at Rs479,562, according to rates issued by…