Businessmen asked to cash in on opportunities in Africa
Malawi consul proposes direct linkages, cites potential for significantly higher profits KARACHI: Highlighting Africa as…
Businessmen asked to cash in on opportunities in Africa
Malawi consul proposes direct linkages, cites potential for significantly higher profits KARACHI: Highlighting Africa as one of the world’s most promising untapped trade frontiers, Malawi Honorary Consul in Karachi Abdullah Zaki has urged Pakistan’s business community to shift focus beyond traditional export destinations and capitalise on the immense commercial opportunities available in Malawi and the…
Iran targets sites in Bahrain, Kuwait after wave of US strikes
Trump says MoU signed with Iran to end conflict is ‘over’, adding he doesn’t want to engage with Tehran Smoke rises from a fire after an explosion, amid reports of explosions by Iranian state media, in Bandar Abbas, Hormozgan Province, Iran in this screengrab obtained from a social media video released July 8, 2026. Reuters…
US to resume ‘regular’ Karachi, Lahore consular services from July 20
Official warns against paying external sources for visa interview appointments or applications The United States Embassy announced on Wednesday that it would resume regular consular services at its missions in Lahore and Karachi from July 20, months after suspending operations because of security risks in the wake of anti-American protests following attacks on Iran. The…
CCP clears Treet Ltd’s rights issue in Loads Ltd
ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved Treet Corporation Limited’s proposal to subscribe to additional ordinary shares of Loads Limited through a rights issue, according to a statement issued on Tuesday. Treet Corporation submitted a pre-merger application under Section 11 of the Competition Act, 2010, seeking approval for the transaction. Treet Corporation is…
China issues ‘backdoor’ security alert over Anthropic’s Claude Code
A cybersecurity platform operated by China’s industry ministry warned on Wednesday that it had identified a serious security “backdoor” risk in Anthropic’s AI coding tool, Claude Code. US-based Claude Code is an AI agent capable of generating, debugging and reviewing code based on user prompts. China’s National Vulnerability Database (NVDB), in a statement posted on…
Govt mulls IFRS exemption for energy SOEs
ISLAMABAD: The government is set to exempt state-owned energy companies from adopting international financial reporting standards (IFRS) whose implementation without settling circular debt will result in potential Rs500 billion credit losses and erosion of equity and market capitalisation of these firms. A special committee has proposed to the Cabinet Committee on State-Owned Enterprises (SOEs) to…
Viral video of Lionel Messi winking at referee is not from July 7 match with Egypt
Multiple users have been sharing a video on social media platforms X and Facebook on Wednesday, claiming that it shows Lionel Messi winking at a referee during the Argentina vs Egypt match on July 7. However, the video is from the Argentina-Cape Verde contest, which took place on July 4. Messi and Argentina received backlash…
Trump turns on Spain and demands Greenland as NATO summit exposes cracks
Calls Madrid a ‘terrible partner’ in NATO as he rails against allies for not supporting the war on Iran United States President Donald Trump threw a summit of NATO leaders into disarray on Wednesday as he demanded the US cut trade ties with Spain and made renewed claims on Greenland, irking another NATO ally, Denmark….
SMEs an industry-wide priority
Aurangzeb welcomed the continued scaling up of risk-sharing and partial guarantee schemes, particularly for SMEs and small farmers, to mobilise private capital. photo:file KARACHI: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Tuesday announced the formation of a dedicated SME Finance Task Force to expand access to credit for small and medium enterprises,…
Russia tries to jam Musk’s Starlink systems to counter Ukrainian drones
Kyiv’s ‘mid-strike’ drones, flown via Starlink, can hit targets dozens of kilometres behind front lines accurately Russian forces are trying to counter Ukrainian “mid-strike” drone attacks by camouflaging cargoes and installing powerful jamming systems to disrupt Elon Musk’s Starlink satellite internet system, Ukrainian drone commanders and pilots told Reuters. Kyiv’s development of “mid-strike” drones that…
