ADB okays $400m regional border plan

The ADB listed Pakistan among 60 nations that may face 10% to 12.5% additional US tariffs from July 24. It said recent policy developments indicate US trade restrictions are likely to remain broad despite the Supreme Court’s invalidation. photo:REUTERS MANILA: The Asian Development Bank (ADB) has approved a $400 million regional financing facility to modernise…

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Inter Miami appoint new coach Gonzalez

MIAMI: Lionel Messi’s Inter Miami on Thursday appointed his fellow Argentine Cristian “Kily” Gonzalez as new head coach of the reigning Major League Soccer champions. Gonzalez, who hails from superstar Messi’s hometown Rosario, will attempt to turn around Miami’s poor run of post-World Cup form under interim manager Guillermo Hoyos. “Inter Miami CF announced today…

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US court rules Pentagon ban of Anthropic unlawful

Judge Rita Lin overturns Pentagon’s ‘supply chain risk’ label as second sanction awaits ruling Anthropic logo, a keyboard, and a robotic hand in this illustration. Photo: Reuters A United States federal judge ruled Thursday that sanctions imposed in February by the Trump administration against AI giant Anthropic were illegal, finding that the government had punished…

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Mohibullah flags squash decline

Former World No 2 says poor training and weak fitness push the sport towards crisis Pakistan’s top player Noor Zaman extends an impressive performance to reach the quarter-finals of the Optasia Championships in England: Photo: APP PESHAWAR: Pakistan’s once-dominant squash tradition is facing a crisis of discipline and preparation, veteran player Mohibullah Khan says, as…

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PM Shehbaz urges Pakistan, Saudi Arabia to deepen economic, agricultural ties

Says this will help translate their longstanding relationship into a mutually beneficial trade, investment partnership Prime Minister Shehbaz Sharif meets Saudi Minister for Environment, Water and Agriculture Engineer Abdulrahman bin Abdulmohsen Al-Fadley at the Prime Minister’s House in Islamabad. PHOTO: PMO Prime Minister Shehbaz Sharif on Friday said Pakistan and Saudi Arabia should focus on…

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Pakistan expects $6b investment as five refineries sign Brownfield upgradation deals

Planned upgrades would enable refineries to produce Euro V-compliant fuel products in Pakistan Federal Minister for Petroleum Ali Pervaiz Malik meets the management of Pakistan’s five oil refineries in Karachi to review progress on the Brownfield Refinery Upgradation Policy and the country’s energy security. PHOTO: MINISTRY OF PETROLEUM ISLAMABAD: Pakistan’s five oil refineries are expected…

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