Private firm to court investors at Gastech 2026

ISLAMABAD: As the government has opened the gas sector to the private sector, Universal Gas Distribution Company (Private) Limited (UGDC) is set to woo foreign investors to tap potential investment opportunities in Pakistan’s gas sector at the upcoming Gastech 2026. The conference will take place in Bangkok, Thailand, where foreign oil and gas companies are…

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Is UCL three-peat really possible for PSG?

Paris Saint-Germain have won back-to-back Champions League titles in the last two seasons. Photo: AFP PARIS: Luis Enrique’s Paris Saint-Germain have already secured their status as one of the Champions League’s greatest teams by winning the trophy in back-to-back years, and now they have their sights set on a rare treble. “Doing the treble is…

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Senate panel backs death penalty for acid attacks

ISLAMABAD: The Senate Standing Committee on Interior on Monday approved a series of criminal law amendments, including a proposal to make acid attacks punishable by death, along with measures to criminalise the abuse of domestic workers, unauthorised LPG decanting and the wrongful detention of dead bodies by hospitals. Chaired by Senator Faisal Saleem Rehman, the…

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PSX sheds over 1,900 points amid Middle East tensions

KARACHI: Pakistan Stock Exchange (PSX) came under renewed selling pressure on Tuesday, with the benchmark KSE-100 index losing 1,920.49 points, or 1.11%, to reach 171,715.58 during midday trading at around 1:19pm as uncertainty over the rapidly evolving Middle East conflict continued to weigh on investor sentiment. The index had opened on a weak note, declining…

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Fury claims Joshua bout is off

The Briton says he is ready to face Usyk again after uncertainty over his next bout Tyson Fury has lost only two professional fights in his boxing career. Photo: AFP LONDON: Tyson Fury claims Anthony Joshua is backing out of their much-anticipated all-British heavyweight showdown and has challenged Oleksandr Usyk to a trilogy fight. Fury…

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ECC slashes SCO summit vehicles budget

Finance Minister Muhammad Aurangzeb speaks during a Reuters interview at the 2025 annual IMF/World Bank Spring Meetings in Washington, DC, US, April 25, 2025. Photo: Reuters/ File ISLAMABAD: The federal government on Monday cut the demand for money and number of vehicles by nearly half to Rs6.6 billion for purchases of bullet-proof vehicles for security…

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Gold down as US jobs data lifts Fed hike bets

KARACHI: Gold prices in Pakistan declined on Monday, tracking losses in the international market after Friday’s strong US jobs report strengthened expectations of a Federal Reserve rate hike this month. Investors are now waiting for key inflation readings for clearer clues on the policy path. In the local market, the 24-karat gold was quoted at…

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Maresca admits City players tired

The coach says players returning from international duty have had little time to recover PORTO: Manchester City coach Enzo Maresca said on Monday finding form early in the season “was not easy” for his World Cup players ahead of the club’s Champions League opener at Porto. “I think it’s correct that you see these kind…

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