Saudi Arabia rolls over $5b debt
RESERVES GROWING: Responding to a question, the governor said the central bank bought around $9…
Saudi Arabia rolls over $5b debt
RESERVES GROWING: Responding to a question, the governor said the central bank bought around $9 billion from the open market to cushion forex reserves. Total purchases during the past three years have reached $28 billion. PHOTO:FILE ISLAMABAD: Pakistan’s external sector pressure has subsided after Saudi Arabia rolled over a $5 billion debt for three years,…
Gold prices in Pakistan Today
KARACHI: Gold prices increased in both the international and local markets on Thursday, while silver prices declined. In the international bullion market, the price of gold rose by $10 per ounce to $4,050 per ounce. Following the increase in the global market, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of…
Mushtaq Ahmad released after alleged detention by security personnel
A statement shared on the former senator’s X account claims he was stopped and taken away by Punjab Police Former senator Mushtaq Ahmad addressing a video message after he was denied entry into Azad Jammu and Kashmir. PHOTO: X/SCREENGRAB Former Jamaat-e-Islami (JI) senator Mushtaq Ahmad was released on Thursday after his team alleged he had…
Auto sales rise, ownership drops
nalysts are anticipating the automobile sector to keep its pace in the near future owing to improving macroeconomic situation and new production lines introduced by the players. photo: file LAHORE: Stakeholders in Pakistan’s automotive sector have renewed calls for a ten-year policy roadmap, warning that investors will continue to hesitate unless the government commits to…
New Zealand top diplomat draws Chinese embassy complaint in racism row
‘Go back to your own country. That’s where they lie like a flatfish, but they don’t lie like that here,’ Peters says New Zealand Foreign Minister Winston Peters. PHOTO: ANADOLU AGENCY Beijing’s embassy in New Zealand said it had raised an official complaint Thursday after top diplomat Winston Peters told a lawmaker of Chinese descent…
At least 10 killed as three-storey building collapses in Lahore’s Baghbanpura
Rescue 1122 spokesperson says search operation to recover other people trapped under debris underway At least 10 people were killed and six others injured after a three-storey building collapsed in Lahore’s Baghbanpura area on Wednesday night, according to Lahore Rescue 1122. Lahore Rescue 1122 Spokesperson Farooq Ahmad said the emergency response team pulled out 16…
Power consumers may face Rs1.20 tariff hike
ISLAMABAD: Electricity tariffs are likely to increase by Rs1.20 per kilowatt-hour (kWh) on account of fuel adjustment for June 2026, dealing another blow to inflation-weary consumers. The National Electric Power Regulatory Authority (Nepra) conducted a public hearing on Tuesday to consider the fuel price adjustment. The Central Power Purchasing Agency (CPPA) has filed a petition…
Pakistan, Turkiye express concern over Israeli actions in Gaza, Al-Aqsa Mosque violations
FM Dar, Fidan discuss Jordan’s proposal for Arab-Islamic meeting during phone call Deputy Prime Minister and Foreign Minister Ishaq Dar with Turkish Foreign Minister Hakan Fidan Photo: X/ForeignOfficePk Deputy Prime Minister and Foreign Minister Ishaq Dar and his Turkish counterpart Hakan Fidan on Thursday expressed deep concern over Israeli military actions in Gaza and the…
Pakistan working to bring US-Iran back to Islamabad MoU: FO
Negotiations between the parties are continuing to normalise the situation, FO says Foreign Office spokesperson Tahir Hussain Andrabi speaking at the FO weekly press briefing. SCREENGRAB Pakistan was making efforts to bring the concerned parties back to the Islamabad Memorandum of Understanding (MoU) as part of ongoing efforts to reduce regional tensions, the Foreign Office…
Country lacks framework to fight tobacco harm
KARACHI: Pakistan’s public health and economic systems continue to carry the high cost of cigarette smoking while the country still lacks a coherent regulatory framework for tobacco harm reduction, speakers at an Express Tribune podcast said. The discussion, organised with the Association for Smoking Alternatives Pakistan (ASAP), brought together ASAP Chief Executive Mirza Abeer, lawyer…
