FinMin confirms financial bailout, aimed at helping the country meet its external financing needs The State Bank of Pakistan (SBP) said on Thursday that the country has received $2 billion from the Ministry of Finance, Kingdom of Saudi Arabia, in a post on X. State Bank of Pakistan has received funds of US$2 billion from Ministry…
Rejects de-sealing request as dispute over Lot-II escalates between contractor, authorities KARACHI: The constitutional bench of the Sindh High Court has rejected a verbal request to immediately de-seal the Red Line Bus Rapid Transit (BRT) project site directing a court official to inspect the site and submit a report. During the hearing of a petition…
Iranian Foreign Minister Abbas Araghchi. PHOTO: ANADOLU AGENCY Iranian Foreign Minister Abbas Araghchi criticised Lebanese President Joseph Aoun after the latter’s comments on Tehran’s role in Lebanon. In a post on X, Araghchi said Aoun’s remarks created the impression that Iran, rather than another actor, was responsible for Lebanon’s current challenges. “Based on Mr Aoun’s…
. Police officers walk past the Supreme Court of Pakistan building, in Islamabad, Pakistan April 6, 2022. REUTERS ISLAMABAD: The Supreme Court of Pakistan and the Constitutional Court of the Republic of Türkiye will sign a Memorandum of Understanding (MoU) on judicial cooperation today (Monday). This event will take place at the Supreme Court building…
ISLAMABAD: We are done with the annual ritual of crafting the numbers, attempting to prove economic growth yet adding to the numbers of poverty, debt and unemployment. It is called the Annual Budget, interestingly. Another regular ritual takes place every few months. A delegation from the International Monetary Fund (IMF) arrives, greeted with the kind…
President Xi Jinping hailed China and Russia's "unyielding" ties in talks with Vladimir Putin on Wednesday, as the pair met to underscore their alliance days after Donald Trump's own visit to Beijing. The two countries' ties have deepened since Moscow's 2022 invasion of Ukraine, as Russia has become increasingly dependent on China, its main oil…
BENGALURU: Three Indian-flagged tankers carrying more than 860,000 metric tons of oil and 94 Indian crew members have safely transited the Strait of Hormuz and are en route to India, shipping minister Sarbananda Sonowal said on Saturday. Sonowal posted on X that the Desh Vaibhav, Desh Vibhor and Sanmar Herald had all completed the transit….
Upon arrival, the prime minister was received by Balochistan Governor Jaffar Khan Mandokhail Balochistan Governor Jaffar Khan Mandokhail recieves Prime Minister Shehbaz Sharif as he arrives in Quetta today on a day-long visit. PMO Prime Minister Shehbaz Sharif arrived in Quetta on Tuesday for a one-day visit, where he would chair a meeting of the…
Guterres urges all parties to show maximum restraint amid renewed US and Iran ceasefire agreement United Nations Secretary-General Antonio Guterres speaks to delegates during a meeting on Nuclear Non-Proliferation Treaty at U.N. headquarters in New York City, US, April 27, 2026. REUTERS United Nations Secretary General, Antonio Guterres, condemned new Israeli strikes amid important ceasefire…
Magazine says military leadership holds access, discipline and networks key to easing high-risk conflicts The article said that Pakistan’s military leadership also played a very important role in peace building in the region. PHOTO: APP As regional tensions continue to reshape the geopolitical landscape, Pakistan has firmly established itself as a critical player in international…