Pakistan, Kuwait call for de-escalation amid widening US-Iran conflict

Dar, Kuwaiti FM urge restraint, respect for sovereignty and implementation of Islamabad MoU amid tensions A combination of file photos featuring Kuwait’s Deputy Prime Minister and Foreign Minister Senator Ishaq Dar and Kuwait’s Foreign Minister Sheikh Jarrah Jaber Al-Ahmad Al-Sabah Pakistan and Kuwait on Saturday stressed the urgent need for de-escalation in the Middle East…

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FinMin targets corporate debt market gaps

ISLAMABAD: The corporate debt market in Pakistan remains underdeveloped relative to the economy’s financing needs, even as the equity market has shown encouraging progress, Finance Minister Muhammad Aurangzeb observed while chairing a meeting of the Capital Market Development Council (CMDC) on Friday. According to a statement, the minister stressed the need to deepen the debt…

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Bangladesh’s enduring love for Argentina

DHAKA: There are rooftops draped in blue and white and murals of Lionel Messi everywhere — but this is not Argentina, it is Bangladesh where football-crazy fans are again celebrating their unique bond with the South American giants. The craze for Argentina has endured for decades in a country of 170 million people who have…

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Search for ‘expert’ mountaineer continues after GLOF affects seven in Swat: Rescue 1122

Swat’s missing mountaineer Mian Syed Ali Shah. Photo: Express A search operation was underway on Saturday to trace a mountaineering guide who went missing after a Glacial Lake Outburst Flood (GLOF) affected seven people trekking Falak Sar Peak in Khyber-Pakhtunkhwa’s Swat district, Rescue 1122 said. “Swat’s legendary mountaineer Mian Syed Ali Shah was climbing Falak Sar…

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Govt borrowed $27.2b in FY26

The coalition government took over $27 billion in foreign loans during the last fiscal year, including $9 billion in rollovers by China and Saudi Arabia, predominantly to finance the budget, retire debt and build foreign exchange reserves, official statistics showed. The provisional foreign economic assistance report released by the Ministry of Economic Affairs on Friday,…

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Infantino’s World Cup gamble pays off

PARIS: The World Cup has “exceeded expectations” with an 80% increase in betting volume compared to the 2022 edition, even taking into account the higher number of matches for a 48-team tournament, a betting expert told AFP. Although many football fans were sceptical about the increase in the number of teams from 32 to 48,…

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Shanghai Xingshu launches first constellation of its space-based computing project

Xingshu Tiansuan said the Tiansuan Constellation will be built in three phases as an open satellite platform An artist concept of  “Tiansuan Constellation”. PHOTO: BY SPACETY  Shanghai Xingshu Tiansuan ​Space Technology Co. on Saturday said ‌it had launched the first constellation of a space-computing project that in total ​aims to deploy 1,000 satellites ​in space. ingshu…

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NDMA warns after Tarbela spillways opened

Advised people to stay away from waterways and river channels during periods of high flow ISLAMABAD: The NDMA on Friday warned of an expected increase in water flow in the Indus River after the spillways of Tarbela Dam were opened. According to the NDMA, releasing water from the spillways is expected to significantly increase river…

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