M Ali Malik appointed after long vacancy; finance ministry interviews candidates for NBP president State Bank of Pakistan. Photo: File ISLAMABAD: The government on Monday appointed Muhammad Ali Malik as new deputy governor of the central bank and also conducted interviews for the position of President of the National Bank of Pakistan (NBP) amid a…
KARACHI: The Pakistan Stock Exchange (PSX) erupted in jubilation on Wednesday, registering its highest single-day gain of over 14,000 points (+9%) in history, as investors cheered the global peace momentum brokered by Pakistan and easing tensions between the United States and Iran. As trading commenced in the morning, the KSE-30 index rallied sharply, which sparked…
In FY24-25, the royalty collected from the oil and gas fields in Sindh was around Rs60 billion. PHOTO: FILE Oil prices extended declines on Wednesday as investors eyed improved Gulf supply after Saudi Arabia restarted operations at a critical pipeline. Hopes for a diplomatic solution to the US-Iran war also weighed on prices. Brent crude…
Information Department calls on media to follow poll code and avoid unverified reports during elections With the first phase of the Azad Jammu and Kashmir general elections set to begin on July 27 across Mirpur Division, the AJK Information Department has called on journalists and media organisations to exercise maximum responsibility in election coverage, urging them…
Sunset clouds glow over pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau region, Kazakhstan, April 21, 2026. PHOTO: REUTERS Oil prices climbed for a fourth straight day on Wednesday as investors weighed conflicting messages from Tehran and Washington on whether the Strait of Hormuz is open to ships. Brent…
Paigham-i-Islam Conference awards title of ‘Greatest Victorious General of the Century’ to CDF Asim Munir Prime Minister Shehbaz Sharif presents shields for the Saudi leadership to Ambassador of Saudi Arabia to Pakistan Nawaf bin Saeed Ahmad Al-Malkiy at the sixth Paigham-e-Islam Conference. PHOTO: APP ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday said Pakistan had emerged…
Maritime Affairs Minister Muhammad Junaid Anwar Chaudhry speaks during a video message in Islamabad, Pakistan, on July 30, 2026—(Screengrab/Maritime Affairs Ministry) ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced plans to establish a 400-acre apparel zone at Port Qasim, with its first phase projected to create more than 138,000 jobs and…
Qatar emir, Kuwait crown prince, Bahrain king, UAE FM attended GCC summit; Oman unclear attendance Qatar’s emir, Kuwait’s crown prince, Bahrain’s king and the United Arab Emirates’ foreign minister attended the summit. PHOTO: SAUDI GAZATTE X Saudi Crown Prince Mohammed bin Salman chaired a consultative meeting of the Gulf Cooperation Council in Jeddah on Tuesday,…
The Islamabad High Court (IHC) on Monday issued a detailed verdict on the One Constitution Avenue project, upholding the Capital Development Authority’s (CDA) decision and ruling that the buyers lack ownership rights. The petition, filed by BNP Ltd, was rejected after the court ruled that the CDA’s actions were in line with the legal requirements…
. RABAT: Moroccan police arrested at least 111 people on Saturday as they tried to enter Spain’s North African enclave of Ceuta, amid tightened security on both sides of the border after social media posts called for another mass migrant crossing. The attempted crossing came two weeks after more than 72,000 migrants surged into Ceuta,…