FO urges restraint as US-Iran tensions continue, says diplomacy remains only path to peace

Responding to child sexual abuse case, says case was entirely a matter for the British authorities Foreign Office spokesperson Tahir Hussain Andrabi speaking at the FO weekly press briefing. SCREENGRAB Pakistan on Thursday renewed its call for restraint amid continuing tensions involving the United States and Iran, warning that further escalation would undermine regional stability…

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SME clusters key to driving exports

Malik urges stronger institutional support, easier financing to unlock growth potential LAHORE: Small and medium enterprises (SMEs) need stronger institutional support, easier access to finance and technology-driven business clusters if they are to play a bigger role in exports, industrial growth and job creation, former SAARC Chamber of Commerce and Industry President Iftikhar Ali Malik…

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PSX surges over 2,800 points in midday trading 

KARACHI: The Pakistan Stock Exchange (PSX) witnessed strong buying interest on Thursday, with the benchmark KSE-100 Index climbing over 2,800 points in midday trade, reflecting renewed investor confidence following Wednesday’s recovery. As of midday, the KSE-100 Index stood at 178,124.14, up 2,838.36 points or 1.62 percent from the previous close of 175,285.78. The index touched…

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NA panel approves PPP authority bill

ISLAMABAD: The National Assembly Standing Committee on Privatisation on Wednesday approved the Public-Private Partnership Authority (Amendment) Bill, 2026, while reviewing the progress of Pakistan International Airlines’ (PIA) privatisation and discussing tax incentives for the aviation sector. The meeting, chaired by Dr Farooq Sattar, resumed after a gap caused by the government’s austerity campaign. During the…

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NTC decision in soda ash case draws criticism

ISLAMABAD: The National Tariff Commission’s (NTC) final determination in the soda ash dumping investigation has triggered criticism from the downstream industrial consumers and trade stakeholders, who describe the injury determination as legally flawed, economically unsustainable and contrary to the commission’s established practice. The respondents, including the Soap Manufacturers Association, chemical manufacturers, International Silicate and the…

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US launches multiple strikes on Iran, which retaliates against US targets in region

US completes ‘wave of strikes’ on Iran as Tehran retaliates with attacks on military bases in Bahrain, Jordan, Kuwait Spokesperson for the Islamic Republic of Iran Army Brigadier General Mohammad Akaminia. PHOTO: IRNA on X Spokesperson for the Iranian army Brigadier General Mohammad Akaminia stressed over Iran’s strategy in controlling the Strait of Hormuz, and…

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Pakistan pitches China, UK for investment

ISLAMABAD: Pakistan’s Ambassador to China Khalil Hashmi called on Finance Minister Muhammad Aurangzeb to discuss economic cooperation and investment promotion, according to a statement on Wednesday. Hashmi informed the minister that Memoranda of Understanding (MoUs) valued at over $20 billion had been signed between Pakistani and Chinese entities, with many progressing into formal agreements. He…

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