Heavy rain leaves twin cities marooned

Rawalpindi records historic 201mm rainfall; local holiday declared for Wednesday (today) Floodwaters engulf the streets of Dhoke Ratta in Rawalpindi as Nullah Leh swells dangerously after torrential early-morning rain, inundating homes and warehouses. PHOTO: AGHA MEHROZ/EXPRESS RAWALPINDI: Torrential rain paralysed normal life in the twin cities of Rawalpindi and Islamabad, with the water level in…

Read More

Water must not be weaponised: PM

Shehbaz addresses Council of SCO heads of state Proposes sovereign AI framework for inclusive tech Says Makkah 26th Meeting of the Shanghai Cooperation Organisation (SCO) Council of Heads of State BISHKEK: Prime Minister Shehbaz Sharif on Tuesday called for stronger multilateralism, peaceful resolution of disputes, respect for international law and greater regional cooperation, warning that…

Read More

Mashhood seeks stronger Pak-China youth ties

. ISLAMABAD: Prime Minister’s Youth Programme (PMYP) Chairman Rana Mashhood Ahmed Khan on Tuesday called for deeper Pakistan China cooperation in education, skills, employment, technology and youth exchanges. Khan made these remarks during a meeting with Chinese Charge d’Affaires Shi Yuanqiang at the Prime Minister’s Office. He proposed a dedicated Chinese Universities Education Expo and…

Read More

Engro to sell 56% stake in EPCL for Rs19.7b

Lotte Chemical acquires country’s only chlor-vinyl complex, CEO says deal will enhance competitiveness ISLAMABAD: Engro Holdings has agreed to sell its approximately 56.19% stake in Engro Polymer & Chemicals Limited (EPCL) to Lotte Chemical Pakistan Limited for approximately Rs19.7 billion, subject to regulatory approvals, the company said on Tuesday. The transaction, under a Share Purchase…

Read More

Fuel, wheat push inflation to 11.2%

ISLAMABAD: Inflation surged to 11.2% in August, returning to double digits just after one month, driven by the government’s policy to fully recover fuel costs and taxes from consumers coupled with provincial failures in ensuring wheat supplies that contributed to higher food prices in the country. The Pakistan Bureau of Statistics (PBS) said on Tuesday…

Read More

A pathway for Pakistan’s agribusiness transformation

. The writer is a Senior Economist at The University of Queensland and Lead Author of an Asian Development Bank study on Pakistan’s agribusiness sector Pakistan does not lack agricultural strategies. What it lacks is a credible pathway for turning those strategies into investment, implementation and measurable results. The country’s agricultural challenges are well understood….

Read More

JI agrees to talks with govt, seeks ‘complete package’ on relief

Jamaat-e-Islami says government negotiating team must present a ‘complete package’ before formal talks can begin The Jamaat-e-Islami on Tuesday confirmed that the government had approached the party for talks over its ongoing protests against petroleum prices and the petroleum levy, saying it was ready for negotiations provided the government team came with a “complete package”….

Read More