Cabinet rejects ban on rich purchases
Cars, property, stock curbs for ineligible persons shelved despite IMF commitment Prime Minister Shehbaz Sharif…
Cabinet rejects ban on rich purchases
Cars, property, stock curbs for ineligible persons shelved despite IMF commitment Prime Minister Shehbaz Sharif chairs a meeting of the Federal Cabinet in Parliament House Islamabad on June 26. Photo: PTV ISLAMABAD: The federal cabinet has rejected a proposal to immediately ban purchases of cars, investment in stocks, cash withdrawals and buying properties beyond a…
FIFA vows to go ahead with investment proposal
US President Donald Trump and FIFA President Gianni Infantino greet Argentina’s Lionel Messi (10) after their loss in the World Cup final in East Rutherford. Photo: AFP PARIS: World football’s governing body FIFA vowed on Friday to press ahead with an “open and democratic” consultation on a proposed private investment plan despite widespread opposition to…
Palestinian sources reveal roadmap for 2nd phase of Gaza ceasefire agreement
Implementation of 2nd phase would begin within 14 days after approval by ‘all relevant parties’ A relative carries the body of Palestinian girl Ameera al-Masri, who was killed along with her parents and all three of her siblings in an Israeli strike on their apartment, in Gaza City, July 21, 2026. REUTERS A roadmap for…
Balochistan CM offers dialogue, rehabilitation to militants willing to surrender
Balochistan Chief Minister Sarfraz Ahmed Bugti on Friday said the provincial government was willing to engage in political dialogue with opponents and offer rehabilitation to those willing to renounce violence, while warning that security forces would continue action against militants who refused to lay down arms. The chief minister’s remarks came against the backdrop of…
PPL makes 4th hydrocarbon find in Shah Bandar
KARACHI: Pakistan Petroleum Limited (PPL), the operator of Shah Bandar exploration licence, has made a gas and condensate discovery at exploratory well Rahi X-1, located in Sujawal district of Sindh province. “This is the fourth consecutive discovery at the Shah Bandar Block by PPL as an operator with 63% working interest along with its joint-venture…
Dulani stars as Sri Lanka beat Pakistan in series opener
Imesha Dulani hit 17 fours and a six in her innings. Photo: ICC Imesha Dulani struck a superb unbeaten century as Sri Lanka Women defeated Pakistan Women by six wickets in the opening T20I of their three-match series at the Rangiri DambullaInternational Stadium on Friday. Chasing a challenging target of 177, the hosts reached 177-4…
De Minaur beats teen Hewitt
Alex de Minaur powered into the Washington Open quarter-finals with a clinical 6-2, 6-3 victory over fellow Australian Cruz Hewitt. Photo: AFP WASHINGTON: Defending champion Alex de Minaur powered into the Washington Open quarter-finals with a clinical 6-2, 6-3 victory over fellow Australian Cruz Hewitt. Men’s second seed Ben Shelton also advanced, as did women’s top seed…
Geopolitics, oil spike drag PSX down
KARACHI: Pakistan Stock Exchange (PSX) closed lower on Thursday as the benchmark KSE-100 index lost around 500 points due to the intensifying war in the Middle East. The market opened “gap-down” but found support near the 175,000 level. Trading remained under pressure throughout the session amid renewed geopolitical tensions involving the United States and Iran,…
ICC confirms 12 host cities for 2027 ODI World Cup
The road to ICC Men’s Cricket World Cup 2027 leads to South Africa, Zimbabwe and Namibia. Photo: ICC The International Cricket Council (ICC) officially launched the brand identity and announced the 12 host cities for the ICC Men’s Cricket World Cup 2027 on Thursday, marking a major milestone ahead of the tournament’s return to Africa…
Trump convenes Cabinet at Camp David amid simmering Iran war
President Donald Trump convenes a Cabinet meeting on Friday at his Camp David retreat as he grapples with how to resolve his war against Iran and bring down gasoline prices that are threatening Republicans in November midterm elections. Unlike some past presidents, Trump has largely stayed away from the mountaintop presidential redoubt in western Maryland,…
