Reserves strengthen to $22.6 billion

KARACHI: Pakistan’s foreign exchange buffers strengthened sharply during the week ended May 15, 2026, as the State Bank of Pakistan’s (SBP) reserves increased $1.214 billion to $17.081 billion, driven primarily by multilateral inflows and recent market-based external borrowing. According to official data, the jump in reserves was largely attributed to receipts from the International Monetary…

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DGK school roof collapse kills four children

LAHORE: At least four children were killed and 20 others injured after the roof of a classroom at a private school in Punjab’s Dera Ghazi Khan collapsed on Thursday. According to a preliminary report issued by the district administration, the injured included 16 students, two teachers and two labourers. Rescue officials said emergency teams, assisted…

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Lights up on NAPA at 20

KARACHI: The NAPA Repertory Festival 2026 returns this May with a packed line-up reflecting both legacy and experimentation, as the National Academy of Performing Arts marks two decades of shaping Pakistan’s performing arts landscape. Running from May 8 to May 23 at its Karachi campus, the festival brings together theatre, music, storytelling and interactive events,…

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POA honours Rizwan Aftab

The Pakistan Olympic Association (POA) has honoured Rizwan Aftab Ahmed in recognition of his contributions to the development and welfare of athletes in Pakistan, officials said on Sunday.Rizwan has emerged over the years as a committed supporter of Pakistani athletes, providing financial, medical and nutritional assistance aimed at improving performance at elite levels. His support…

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UK police detail rally arrests

. LONDON: London police said Sunday officers arrested 20 people the previous day at a march organised by far-right activist Tommy Robinson and 12 people at a counter-demonstration fused with a pro-Palestinian protest. The city’s Metropolitan Police — which had already disclosed making 43 arrests Saturday after tens of thousands people attended the duelling events…

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Pak wins Hajj excellence award again

Minister for Religious Affairs Sardar Muhammad Yousaf announced Sunday that Pakistan has successfully concluded its Hajj 2026 operations, securing the international “Labbaitum Excellence Award” for the second consecutive year alongside three global awards for its private Hajj scheme. Speaking at a post-Hajj press conference at the Pakistan Hajj Mission in Makkah, the minister revealed that…

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Quetta sit-in talks show breakthrough signs

Both sides report progress toward resolving the impasse over the recent Ziarat terrorist attack QUETTA: The fourth round of negotiations between the Balochistan government and the Quetta sit-in committee ended on Thursday with both sides reporting progress toward resolving the impasse over the recent Ziarat terrorist attack. During the meeting, the protest committee presented its…

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PSX roars back as US-Iran tensions ease

KSE-100 jumps over 5,300 points as Brent plunges 4.2% to $92.74; autos, banks, cement and energy stocks lead buying KARACHI: Equities at Pakistan Stock Exchange (PSX) managed a muted cheer on Monday as investors took the latest signs of de-escalation between the United States and Iran as a step towards putting the conflict on hold,…

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