Chinese group to invest in infrastructure

ISLAMABAD: Federal Minister for Board of Investment Qaiser Ahmed Sheikh held a meeting with a delegation of Shandong Hi-Speed Group, led by its Chairman Xu Xiang, along with Wang Zhenrong, Country Director, and representatives of the Tabani Group. The meeting took place on the sidelines of the ongoing Pakistan-China B2B Investment Conference in the pharmaceutical,…

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Andrew Tate, brother arrested in US

Two men arrested after British prosecutors filed new rape, sex-trafficking charges Andrew Tate and Tristan Tate arrive before US President Donald Trump to attend UFC 327 at Kaseya Center, Miami, US. Photo: Reuters Controversial social media figures Andrew Tate and his brother, Tristan, were arrested in the US on Saturday after British prosecutors filed new…

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FM Dar offers condolences to Venezuela, vows support after deadly earthquakes

Venezuelan FM acknowledges Pakistan’s constructive role in promoting dialogue and de-escalation between US and Iran Deputy Prime Minister and Foreign Minister Ishaq Dar (L), Venezuelan Foreign Minister Félix Plasencia (R). Deputy Prime Minister and Foreign Minister Ishaq Dar on Sunday conveyed condolences to Venezuela over the recent devastating earthquakes, reaffirming Islamabad’s “unwavering solidarity” with the Venezuelan…

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PSX extends losing streak on regional tensions

KARACHI: The KSE-100 index extended its losing streak at the Pakistan Stock Exchange (PSX) in the outgoing week, declining 3.5%, or 6,439 points, on a week-on-week basis to close at 175,803. The market witnessed heightened volatility as escalating regional tensions initially triggered broad-based selling, with the benchmark index plunging 6,408 points on Tuesday. On a…

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NA panel seeks relief for pilgrims

Pilgrims pray at the Kaaba and the Station of Ibrahim (Maqam Ibrahim) as they attend Friday prayers at the Grand Mosque ahead of the start of hajj in the holy city of Mecca, Saudi Arabia. REUTERS ISLAMABAD: The National Assembly Standing Committee on Religious Affairs and Inter-Faith Harmony has observed that some international airlines were…

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Apple unseats Nvidia as most valuable firm

Nvidia’s rally loses momentum as investors shift focus from AI spending to earnings resilience BENGALURU: Apple overtook Nvidia on Friday to become the world’s most valuable company, reshuffling the top ranks of tech heavyweights as investors reassess the outlook for artificial intelligence. Apple was last valued at $4.88 trillion as its shares held steady, while…

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Soldier killed in south Lebanon

. BEIRUT: A Lebanese soldier was killed and an officer and another soldier were wounded when a suspicious object exploded in an army vehicle in the southern Lebanese town of Mansouri, the Lebanese army said on Saturday. The Israeli military said on Saturday the vehicle had driven over an explosive device in the Al-Mansouri area,…

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Govt cuts profit rates on savings schemes

National Savings is one of the primeval institutions in the country with a legacy of more than 140 years ISLAMABAD: The federal government has reduced the profit rates on various National Savings Pakistan schemes, according to a notification issued on Saturday. Under the revised rates, the annual profit on the Behbood Savings Certificate and the…

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