PM removes hurdles to refinery policy
Policy amendments clear way for investment of billions of dollars in upgrading plants ISLAMABAD: Prime…
PM removes hurdles to refinery policy
Policy amendments clear way for investment of billions of dollars in upgrading plants ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday approved amendments to the Brownfield Refinery Policy, removing key bottlenecks that had delayed its implementation and paving the way for billions of dollars in investment to modernise Pakistan’s refining sector. The approval came during a…
AI race redraws Asian air cargo, replacing e-commerce as growth engine
A China Airlines Cargo plane taxis at the Taiwan Taoyuan International Airport in Taoyuan, Taiwan. Photo: Reuters The global race to build artificial intelligence is redrawing Asia’s air cargo map, prompting airlines to redesign networks around growing semiconductor manufacturing hubs as cross-border e-commerce loses momentum. Unlike the post-pandemic parcel boom, demand tied to AI infrastructure is…
PM directs FBR to develop scientific method to assess tax potential to boost revenue
Orders immediate measures to make newly established Sky47 AI national data centre available to all govt institutions Prime Minister Shehbaz Sharif chairs a progress review meeting on implementation status of National Digital Vision in Islamabad. PHOTO: PMO Prime Minister Shehbaz Sharif on Wednesday directed the Federal Board of Revenue (FBR) to develop a comprehensive and…
PIA sell-off model floated for DISCOs
ISLAMABAD: The Privatisation Commission (PC) board proposed on Tuesday the establishment of a new company to set aside some liabilities and assets of three power distribution companies (DISCOs) in line with the privatisation model used for Pakistan International Airlines (PIA), aiming to hand over the entities with positive equity to new buyers. According to the…
Iran denies involvement in projectiles launched from Iraq toward Saudi Arabia
Military official rejects Saudi accusations after US-Saudi strikes on Iran-aligned targets in Iraq An Iranian military official on Wednesday denied Tehran’s involvement in projectiles launched from Iraq toward Saudi Arabia, rejecting accusations that Iran was behind recent attacks on the kingdom. Responding to a statement by the Saudi defence minister, the official told Iran’s state…
PPP criticises AJK Election Commission, says it is ‘equally responsible for rigging’ during polls
PPP leader says AJK Election Commission played role of Punjab Crime Control Department PPP Central Punjab General Secretary Hassan Murtaza addresses a press conference in Lahore. Photo: Screengrab A Pakistan Peoples Party (PPP) leader on Wednesday criticised the Azad Jammu and Kashmir (AJK) Election Commission, saying that it was “equally responsible for facilitating rigging” during…
Govt pushes GM corn adoption
Finance Minister Muhammad Aurangzeb reads out Finance Bill 2026 clauses during National Assembly session. SCREENGRAB The government has pushed forward with plans to adopt genetically modified corn technology, with a high-level committee reviewing progress and agreeing to form a working group to address concerns raised by industry stakeholders, according to a statement on Tuesday. Finance…
Trump says meetings with Zelenskiy and Netanyahu were positive
In separate short posts on Truth Social, Trump said he discussed various topics with them, without giving specifics A combination picture shows Zelenskiy and Netanyahu arriving at the White House, July 28, 2026. PHOTO: REUTERS US President Donald Trump said late on Tuesday his meetings with Ukrainian President Volodymyr Zelenskiy and Israeli Prime Minister Benjamin Netanyahu were positive. Netanyahu and Zelenskiy were in…
Pakistan, Kuwait agree to boost cooperation across key sectors
DPM Dar meets Kuwaiti FM, discusses regional and global developments, including the Middle East and Palestine Deputy Prime Minister and Foreign Minister Ishaq Dar received Kuwaiti Foreign Minister Sheikh Jarrah Jaber Al-Ahmad Al-Sabah at the Ministry of Foreign Affairs. PHOTO: FO Pakistan and Kuwait on Wednesday agreed to further strengthen bilateral cooperation across a wide…
Profit-booking pulls PSX down by 638 points
Correction comes after 4% surge a day ago; bank, oil & gas and cement stocks weigh KARACHI: Pakistan Stock Exchange (PSX) took a breather on Tuesday after a sharp 4% surge in the benchmark KSE-100 index in the previous session as profit-taking pulled the market down despite continued buying interest in selected stocks. The KSE-100…
