Palestinian agency warns about Israeli plans for more than 1,000 new illegal settlement units in West Bank

Israel’s Higher Planning Council advances nine such projects since beginning of July, entrenching de facto annexation The Palestinian Colonisation and Wall Resistance Commission warned Friday that Israel is advancing new illegal settlement plans in the occupied West Bank involving the construction of 1,024 settlement units on more than 1,069 dunams (1,264.2 acres) of Palestinian land….

Read More

Pakistan seeks strategic investment ties with Egypt

ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan has called for transforming Pakistan-Egypt relations into a stronger economic partnership based on trade, investment, joint production, technology cooperation and regional value chains. He was speaking at a reception held in Islamabad to celebrate the National Day of Egypt. The event was attended by ambassadors, high commissioners,…

Read More

SC upholds FBR's stance in tax case

The Supreme Court of Pakistan has ruled that claims for input tax adjustment on construction materials, such as cement and steel used in the construction of factories or other immovable structures, are not admissible under the Sales Tax Act, 1990. The court further emphasized that mandatory legal requirements, particularly those concerning banking channels and the…

Read More

SPI stays elevated at 13.09% YoY

Weekly inflation rises 1.4% on surge in tomato, chicken, LPG prices amid oil disruption KARACHI: The Sensitive Price Indicator (SPI) remained elevated at 13.09% year-on-year for the week ended July 16, 2026 as prolonged closure of the Strait of Hormuz amid the Israel-US conflict with Iran continued to disrupt global oil supply chains and push…

Read More

Bilawal seeks greater powers for AJK

MUZAFFARABAD: PPP Chairman Bilawal Bhutto Zardari on Friday proposed greater constitutional empowerment for Azad Jammu and Kashmir (AJK), including representation in key institutions such as the National Finance Commission (NFC), the Council of Common Interests (CCI) and the federal cabinet. Bilawal formally launched the party’s election campaign for the upcoming AJK general elections at a…

Read More

Profit-taking pushes PSX down by 2,321 points

KARACHI: The KSE-100 index of the Pakistan Stock Exchange (PSX) on Friday faced profit-taking, declining about 2,320 points to close slightly above 175,800 amid heightened geopolitical uncertainty triggered by fresh US-Iran airstrikes. The market traded mixed during the day, with selective buying in the morning session giving way to selling pressure in the latter half…

Read More