Provinces urged to lead SME financing efforts

LAHORE: The Small and Medium Enterprises Development Authority (SMEDA), on advice of the Special Assistant to PM Haroon Akhtar Khan, convened a series of five meetings with regional stakeholders, including banks and industries departments of Sindh, Balochistan, Khyber-Pakhtunkhwa, AJK and Gilgit-Baltistan (G-B) for equitable promotion of the SME financing across Pakistan. Nadia Jahangir Seth, Chief…

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OGDC revives gas production at Jand-1 well

The well is flowing through a 32/64-inch choke at a pressure of 3,585 pounds per square inch ISLAMABAD: Oil and Gas Development Company (OGDC) on Thursday announced the revival of gas production from Jand-1 well, located in Attock district of Punjab province, marking a significant operational achievement. According to a statement issued by the company,…

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Alcaraz withdraws from Barcelona Open

BARCELONA: World number two Carlos Alcaraz has withdrawn from the Barcelona Open after damaging his right wrist, tournament organisers said on Wednesday.The ‌Spaniard picked up the injury during a 6-4 6-2 first-round win over Otto Virtanen.Alcaraz, the top seed, was scheduled to face Czech Tomas Machac in the second round.“After the tests, we’ve realised that…

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Pakistan, Sri Lanka kick off joint counter-terrorism exercise ‘Shake Hands-II’ at Tarbela

ISPR says exercise aimed at enhancing professional capabilities through joint training Pakistan and Sri Lanka on Monday kicked off a joint counter-terrorism exercise at Tarbela aimed at enhancing professional capabilities and strengthening longstanding military-to-military relations, the military’s media wing said in a statement According to the Inter Services Public Relations (ISPR), Shake Hands-II is a…

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‘Pakistan’s progress linked to Balochistan peace’

NA speaker chairs parliamentary committee meeting to discuss issues facing province Pakistan National Assembly Speaker Asad Qaiser. PHOTO: ANADOLU AGENCY ISLAMABAD: National Assembly Speaker Asad Qaiser on Saturday asked Balochistan parliamentarians and public representatives to suggest solutions to the socio-economic problems being faced by the province and its people. Chairing the maiden meeting of the…

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McIlroy wins Masters title

AUGUSTA: Rory McIlroy waited 17 years for his first Green Jacket and then on Sunday did what only three golfers before him had managed by winning a second Masters in a row.The world number two, who let a record six-shot advantage slide on Saturday, capped a closing one-under-par 71 with a ‌bogey that left him…

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Pakistan’s repayment of UAE deposit signals improving external stability: analysts

Says Pakistan’s clear capability to fulfil commitments reinforce mutual trust rather than any strain Pakistan-UAE flags. Photo: File The reimbursement of matured long-term foreign deposits to the United Arab Emirates (UAE) reflects Pakistan’s improving external liquidity position, economic stability, and enhanced policy credibility, besides the capacity to honour its international obligations without compromising macroeconomic fundamentals,…

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EIB eyes shares in Reko Diq project

DG calls $6tr in minerals claim exaggerated, Barrick pauses review until mid-2027 An EIB official said that engineering was the easiest part in mining, but often the greater risks are around policies, regulation and stability. photo: file ISLAMABAD: The European Investment Bank (EIB) on Wednesday showed interest in the multibillion-dollar Reko Diq mining project in…

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