Khalil al-Hayya new Hamas chief
. GAZA: Hamas announced on Monday that it had elected Khalil al-Hayya, the group’s lead…
Khalil al-Hayya new Hamas chief
. GAZA: Hamas announced on Monday that it had elected Khalil al-Hayya, the group’s lead negotiator in indirect ceasefire talks with Israel, as the new head of its political bureau. “Hamas announces the election of brother mujahid Khalil al-Hayya as head of the movement’s political bureau, succeeding the martyred leader Yahya al-Sinwar,” Hamas said in…
FinMin discusses refinery modernisation with Honeywell in Washington
Talk about potential to enhance country’s domestic refining capacity, reduce reliance on imported petroleum products Finance Minister Muhammad Aurangzeb, met with a delegation of Honeywell Technologies led by its Vice President and General Manager, Barry Glickman, in Washington DC. PHOTO: X Finance Minister Muhammad Aurangzeb on Tuesday met a delegation from Honeywell Technologies in Washington,…
Gold inches up amid US-Iran tensions, Fed uncertainty
Local rate rises Rs300/tola as international prices stay stable; rupee up at 277.95/$ KARACHI: Gold prices in Pakistan edged higher on Monday, largely in line with a stable trend in international markets, as investors weighed the implications of the escalating US-Iran tensions that lifted energy prices and caused uncertainty about the outlook for US rates….
Houthis announce Saudi naval blockade, threatening new front in US-Iran war
Saudi-led coalition in Yemen said in a statement that it would respond to them with force A satellite imagery shows Bab el Mandeb Strait, a key shipping waterway and the gateway to the Red Sea, as Yemen’s Houthi could shut the Bab el-Mandeb gateway to the Red Sea, in this handout picture dated July 12,…
‘NHA staff reluctant to serve in Balochistan’
QUETTA: The Senate Functional Committee on Less Developed Areas was told on Monday that a number of National Highway Authority (NHA) employees serving in Balochistan had sought transfer to the federal capital due to the law and order crisis in the province. The committee met under the chairmanship of Senator Niaz Ahmed. During the meeting,…
Auto parts makers highlight constraints
LAHORE: The Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) has reaffirmed its commitment to strengthening the country’s auto parts industry, describing it as a key contributor to industrial development, employment generation and import substitution, according to a statement on Monday. PAAPAM Chairman Usman Malik said the local auto parts industry has invested billions…
UK’s new PM vows to end years of instability
OFFICIAL BUSINESS: PM Andy Burnham delivers a speech outside 10 Downing Street in London. PHOTO: REUTE LONDON: Andy Burnham became Britain’s seventh prime minister in a decade on Monday, pledging to reshape its politics to deliver a new economic model and revive a nation “fed up” with a revolving door of leaders. In front…
Judiciary proposes Commercial Court
Recommends insertion of a new Article 212A in Constitution to form new judicial forum ISLAMABAD: Pakistan’s superior judiciary has recommended the establishment of an International Commercial Court of Pakistan (ICCP) through a proposed constitutional amendment aimed at strengthening the country’s commercial dispute resolution framework and boosting investor confidence. The recommendation was made during the 49th…
Selective buying helps PSX close in green
Index recovers from steep early losses caused by regional conflict, ends up by 125 points KARACHI: Pakistan Stock Exchange (PSX) endured another volatile session on Monday as escalating tensions in the Middle East kept investors on edge, although late-session buying helped the benchmark index erase steep early losses and end trading marginally higher. The KSE-100…
Flash floods kill 20 in Afghanistan
KABUL: At least 20 people were killed in flash floods in northeastern Afghanistan on Monday, the Taliban-run government said. The death toll was expected to rise, with 100 people still missing on Monday night. Most of the damage was reported from Parun, the capital of Nuristan, the Taliban’s National Disaster Management Authority said in a…
