‘Power reforms cut inefficiencies by 45%’
Power minister pitches $2.5b metering, transmission investment to Turkish investors ISLAMABAD: Pakistan has undertaken far-reaching…
‘Power reforms cut inefficiencies by 45%’
Power minister pitches $2.5b metering, transmission investment to Turkish investors ISLAMABAD: Pakistan has undertaken far-reaching structural reforms in its power sector, reducing distribution inefficiencies by more than 45% over the last two years, Federal Minister for Energy (Power Division) Sardar Awais Ahmad Khan Leghari said on Saturday. Addressing Turkish investors at the Pakistan-Turkiye Business Conference,…
North Korea’s Kim observed naval destroyer cruise missile launch, weapons tests, state media says
Tests include checks of target-detection, information-processing, integrated firepower systems, electronic warfare North Korean leader Kim Jong Un oversees the test of key weapons in North Korea on June 25, 2026. PHOTO: REUTERS North Korean leader Kim Jong Un observed the test firing of a strategic cruise missile and evaluations of anti-ship, anti-submarine, and air defence…
Balochistan, Sindh water dispute deepens
QUETTA: The Balochistan government is considering legal action against the Sindh government over what it describes as the unfair distribution of canal water after repeated contacts with the Sindh chief minister and other authorities failed to ensure the province received its approved share. According to officials, the shortage of canal water in Balochistan has worsened…
PBA announces banking summit 2026
SMEs, agriculture, housing finance on agenda as top officials, global experts gather in Karachi KARACHI: The Pakistan Banks Association (PBA) has announced the second edition of the Pakistan Banking Summit 2026, to be held on 7-8 July in Karachi, according to a statement issued on Saturday. The summit will bring together more than 1,200 participants,…
South Korea set to launch 4th medium-sized Earth observation satellite
Carries homegrown payloads, including observation camera capable of imaging entire Korean Peninsula every three days South Korea is set to launch its fourth medium-sized Earth observation satellite aboard a SpaceX Falcon 9 rocket from Vandenberg Space Force Base in California on Tuesday, local media reported. The 500-kilogram satellite has completed function inspections and fuel injection…
Tehreek-e-Insaf rift spills into open
LAHORE: Internal divisions within the Pakistan Tehreek-e-Insaf (PTI) spilled into the open after a tense exchange between Imran Khan’s sister Aleema Khan and the party’s Information Secretary Sheikh Waqas Akram on a WhatsApp group, prompting both to leave the group in quick succession. According to sources familiar with the matter, the dispute stemmed from Sheikh…
Islamabad seeks Turkish investment in energy, mining, defence and IT among other sectors: Dar
Foreign minister lists key sectors for investment, calls economic diplomacy vital to Pakistan-Turkiye ties Foreign Minister Ishaq Dar speaks at the Pakistan-Turkiye Business Conference on July 4, 2026. PHOTO: MOFA/X Deputy Prime Minister and Foreign Minister Ishaq Dar on Saturday said that Pakistan particularly seeks Turkish investment in key sectors including energy, mining, minerals, power infrastructure,…
Fire breaks out on New York’s Brooklyn Bridge during US Independence Day fireworks display
Authorities not yet announced the extent of the damage to the bridge; no injuries reported A fire breaks out on the Brooklyn Bridge in New York during the city’s fireworks celebration on Saturday, July 4. PHOTO: SCREENGRAB A fire broke out on New York City’s Brooklyn Bridge during the Macy’s US Independence Day celebration fireworks…
Pakistan, Turkiye set $5b trade target
Shehbaz, Erdogan discuss regional, global issues. Turkish president says Israel must not scupper deals Prime Minister Shehbaz Sharif and Türkiye President Recep Tayyip Erdogan address a joint news conference in Istanbul. PHOTO: APP ISTANBUL: Pakistan and Turkey on Saturday expressed their commitment to increase bilateral trade volume to $5 billion and discussed ways to increase…
Relief for real estate to revive investment
LAHORE: The government has rolled out relief measures for the real estate sector to revive investment and restore market confidence, even as Pakistan faces an urgent need to shift from unchecked horizontal expansion of cities to vertical urban development, said Federal Parliamentary Secretary for Planning and Development Hafiz Mian Muhammad Nauman. Speaking at a seminar…
