US war tensions weigh on Gulf stocks

BENGALURU: Most Gulf stock markets closed subdued on Tuesday as investors remained cautious after the US ruled out extending a temporary ceasefire agreement and an Iranian official said Tehran would shift to a “fully offensive” military posture. Qatar’s benchmark index fell 0.5%, extending losses for a second consecutive session to close at 9,848 points, its…

Read More

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,…

Read More

Pakistan, Turkiye deepen defence, aerospace cooperation during Air chief marshal’s visit: ISPR

Zaheer Ahmed Baber Sidhu meets Turkish air force chief, defence minister, Baykar Technologies CTO Air Chief Marshal Zaheer Ahmed Baber Sidhu meets with Commander Turkish Air Force General Ziya Cemal Kadioglu. PHOTO: ISPR Air Chief Marshal Zaheer Ahmed Baber Sidhu held high-level meetings with Turkish Air Force Commander General Ziya Cemal Kadıoglu, Defence Minister Yasar…

Read More

Leclerc extends contract with Ferrari

The 28-year-old has been with Ferrari since 2019 AFP June 03, 2026 1 min read Charles Leclerc has agreed a multi-year extension with his “second family” Ferrari days out from his home Monaco Grand Prix, the Formula One team announced on Wednesday. The 28-year-old has been with Ferrari since 2019, winning eight Grand Prix —…

Read More

Visa delay keeps Solano out of national camp

Former Peru international will join squad directly in Indonesia after applying for wrong visa category Pakistan head coach Nolberto Solano will join his team directly in Indonesia after a visa delay kept him away from the squad’s training camp in Islamabad ahead of the FIFA ASEAN Cup. The former Peru international and Newcastle United player…

Read More

PM Shehbaz reaffirms solidarity in talks with MBS after Iran attack on Saudi energy facilities

Says Pakistan stands shoulder to shoulder with Saudi Arabia, just as it supports Pakistan through thick and thin PM Shehbaz and Saudi Crown Prince Mohammed bin Salman. Photos: File Prime Minister Shehbaz Sharif on Tuesday reaffirmed Pakistan’s “unwavering solidarity and support” with Saudi Arabia following Iran’s attack on a petrochemical complex in Jubail. The call…

Read More

PTI hopes for revival of talks with govt

. RAWALPINDI/LAHORE: PTI Chairman Barrister Gohar Ali Khan on Tuesday expressed cautious optimism over the resumption of political dialogue, hoping that talks with the government could begin within the next one to one-and-a-half months, while stressing that meaningful progress hinges on internal reconciliation and access to the party’s incarcerated founder. Speaking to the media at…

Read More

PSX surges over 1,400 points in early trading

KARACHI: The Pakistan Stock Exchange (PSX) witnessed strong buying interest on Thursday, with the benchmark KSE-100 Index climbing over 1,400 points in midday trading, reflecting positive investor sentiment amid ongoing market optimism. As of midday, the KSE-100 Index stood at 185,514.10 points, up 1,464 points or 0.8 percent from the previous close of 184,050.10. The…

Read More

9th Italian Film Fest is a hit with Karachiites

ITALIAN CINEMA:The Consul General of Italy in Karachi, Fabrizio Bielli, points towards the posters of Italian classical movies ‘The Family’ and ‘The Diner’ directed by Ettore Scola KARACHI: Port City’s The Place was the venue where Italian Ministry of Foreign Affairs held the 9th Film Festival, an annual event organized globally to introduce the Italian…

Read More