UK-China fund eyes tech parks

Delegation shows interest in Silicon Village, Pakistan Steel Mills during BOI meeting ISLAMABAD: A UK-China fund has shown interest in establishing technology parks in Pakistan and investing in Pakistan Steel Mills, as the Board of Investment (BOI) held a high-level meeting with a delegation led by David Dai, Executive Director of Sino British Regional Development…

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UK, Italy and Japan seal $6.1 billion deal for next-generation fighter jet

British government hails agreement as ‘key milestone’ in developing combat aircraft slated to enter service in 2035 The United Kingdom, Italy and Japan signed a £4.6 billion ($6.1 billion) contract to advance the development of a next-generation stealth fighter jet. The deal marked “a key milestone” for the Global Combat Air Programme (GCAP), which aimed to produce…

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MQM-P warns of protests over non-implementation of 2022 accord with PPP

Farooq Sattar says PM Shehbaz as witness, guarantor of agreement, should play his role in ensuring its implementation MQM-P leader Farooq Sattar addressing a press conference in Karachi. Photo: Screengrab Muttahida Qaumi Movement-Pakistan (MQM-P) on Saturday warned of launching a protest movement if the federal government did not play its role in ensuring implementation of…

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Tanveer voices concern over high trade deficit

Though Pakistan and Uzbekistan enjoy historical, cultural and brotherly ties, the volume of bilateral trade remains far below the true potential. Trade between the two sides reached only $143 million in FY25. photo:file LAHORE: SM Tanveer, the FPCCI leader and Patron-in-Chief of the United Business Group (UBG), has expressed deep concern over the surge in…

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New Zealand edge France 34-32

CHRISTCHURCH: Cam Roigard and Will Jordan scored twice each as New Zealand held on to edge an under-strength France 34-32 in a nine-try thriller in Christchurch on Saturday to open the inaugural Nations Championship. It was the All Blacks’ first Test under new coach Dave Rennie and he saw France, who scored four tries, run…

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Govt expands ‘Apna Ghar’ scheme by allowing NBFCs to offer housing loans

Prime Minister Shehbaz Sharif launches “Prime Minister’s Apna Ghar Scheme”. PHOTO: RADIOPAK The government approved the inclusion of lending Non-Banking Finance Companies (NBFCs) in the Prime Minister’s Apna Ghar Programme, a move aimed at expanding access to affordable housing finance, particularly for underserved and unbanked segments of the population, the Securities and Exchange Commission of…

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SBP sees 4% growth despite export lag

Calls urgent presser while FinMin courts S&P, $5.2b export gap exposes weaknesses KARACHI: When you have absolutely good news one day and absolutely bad news the other, it indicates a problem with economic fundamentals. State Bank of Pakistan (SBP) Governor Jameel Ahmad called an urgent press conference on Friday to share the positive outlook, projecting…

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Ukraine claims it disabled over 40% of Russia’s oil refining capacity as of early July

Ukrainian General Staff claims Kyiv struck 8 Russian oil refineries over past month Smoke rises from an oil refinery following a Ukrainian drone attack in the course of Russia-Ukraine conflict, in Moscow, Russia, June 18, 2026. Photo: Reuters Ukraine claimed Saturday that its strikes on Russian energy infrastructure have disabled 42.74% of the country’s oil…

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Talal Chaudhry says Pakistan’s illegal migration strategy model for world

Minister of State for Interior Talal Chaudhry at a high-level meeting of the Global Alliance to Counter Migrant Smuggling in Vienna, Austria, July 4, 2026. PHOTO: RADIOPAK Minister of State for Interior Talal Chaudhry said on Saturday that Pakistan’s successful strategy against illegal migration had become a model for the international community, state-run Radio Pakistan…

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