Pakistan to continue peace mediation with ‘no immediate danger’ of renewed US-Iran war: sources

‘Back-channel contacts are continuing despite harsh tones from both sides,’ source says Pakistan will continue its mediation efforts to help reach a negotiated settlement to the Middle East conflict, with “no immediate danger” of a renewed war between the United States and Iran, multiple government sources familiar with the process told Anadolu on Monday. “Pakistan…

Read More

Banks need AI for faster onboarding

KARACHI: Pakistani banks should follow the global trend of adopting artificial intelligence (AI) solutions to accelerate customer onboarding and strengthen Know Your Customer (KYC) compliance, with the aim of significantly expanding their customer base. AI?based systems enable banking institutions to attract new customers more efficiently, help prevent account misuse in both bank and wallet systems,…

Read More

PSX climbs 3.23% on easing oil, ME de-escalation

KARACHI: The KSE-100 index of the Pakistan Stock Exchange (PSX) extended its winning streak, closing at 185,372 points with a weekly gain of 3.23%, or 5,801 points, as easing oil prices on the back of de-escalating US-Iran geopolitical tensions bolstered investor confidence. Brent crude softened to around $71.8 per barrel during the week. On a…

Read More

Pakistan reaffirms support for electric vehicle manufacturing, localisation plans

Plans to develop charging infrastructure and train Pakistani engineers and technicians Finance minister meets BYD leadership. Photo:X Finance Minister Muhammad Aurangzeb on Thursday met a delegation from BYD Group and Mega Motor Company (MMC) and reaffirmed the government’s support for electric vehicle manufacturing and localisation in the country, the finance ministry wrote on X. The…

Read More

Security forces kill 23 terrorists in K-P IBOs

RAWALPINDI: At least 23 terrorists belonging Indian-sponsored Fitna-al-Khwarij were killed during a series of intelligence-based operations carried out by security forces over the past 48 hours in various areas of Khyber-Pakhtunkhwa, the military’s media wing said on Thursday. According to a statement issued by the Inter-Services Public Relations (ISPR), security forces are continuing a series…

Read More

Govt, exporters discuss tax regime, trade schemes

Meeting underlines need for facilitative measures, improving ease of doing business ISLAMABAD: Minister of State for Finance and Revenue Bilal Azhar Kayani chaired a consultative meeting at the Ministry of Finance with representatives of the business and export sectors to discuss measures aimed at further improving the tax regime, enhancing export facilitation, and promoting a…

Read More

Pakistan High Commission London marks first anniversary of Marka-e-Haq

Pakistani community in UK pays glowing tributes to armed forces, political leadership and nation Pakistan’s High Commissioner to the United Kingdom commemorated the 1st anniversary of Marka-e-Haq at a ceremony held in London on Friday. The event was attended by British parliamentarians, Pakistan-origin councillors, businessmen, officers of the high commission, media representatives and a large…

Read More