KARACHI: Hassan Nourian, consul general of the Islamic Republic of Iran in Karachi, has emphasised the need to enhance bilateral trade with Pakistan. “The formal trade between the two countries is just $1 billion, which is very low; given the fact that the combined population of Pakistan and Iran is 300 million,” he said, at … Read more
ISLAMABAD: Pakistan on Tuesday has warned India to refrain from interfering in the internal affairs of Afghanistan to sabotage regional peace. Briefing the media about the decisions taken by the Federal Cabinet, chaired by Prime Minister Imran Khan, Information Minister Chaudhry Fawad Hussain said that the cabinet also urged the international community to take notice … Read more
Foreign Minister Shah Mahmood Qureshi will undertake visits to Tajikistan, Uzbekistan, Turkmenistan and Iran from August 24-26 to discuss the regional situation following the Taliban takeover in Afghanistan. A statement issued by the Foreign Office stated that during the visit the foreign minister will have high-level interactions to exchange views on the evolving situation in … Read more
US Central Intelligence Agency chief William Burns held a secret meeting in Kabul with Taliban co-founder Mullah Abdul Ghani Baradar, the Washington Post reported Tuesday. The Monday meeting, which if confirmed will have been the highest-level encounter between the Islamist group and the Biden administration since the militants’ return to power, came as efforts to … Read more
ISLAMABAD: Pakistan Peoples Party (PPP) Senator Sherry Rehman on Tuesday slammed the government’s proposed Pakistan Media Development Authority (PMDA) and called it another attempt of the PTI government to stifle freedom of expression. “Pakistan Media Development Authority (PMDA) is yet another example of this government’s crackdown on freedom of expression,” said PPP’s Senate parliamentary leader … Read more
FAISALABAD: In the locality of Rodala in Faisalabad, a 12-year-old daughter of a handicapped person was allegedly sexually assaulted by a neighbor at gunpoint. According to reports, an armed man named Ramzan was detained by local police after allegedly barging into his neighbor’s home and sexually assaulting a 12-year-old girl. According to police officials, the incident … Read more
NEW YORK: Former US envoy to Pakistan and Afghanistan Ryan Crocker urged the Biden administration to engage with Pakistan on ways to assess and deal with the unfolding situation in Afghanistan, saying that the ‘American disaster’ in the war-torn country is due to the incumbent American president’s impatience. In an opinion piece for The New … Read more
KARACHI: The Trade Development Authority of Pakistan (TDAP) in collaboration with Capacity Analytics is organising a series of webinars for women entrepreneurs, a statement said on Tuesday. The first webinar of the series is on “Digital marketing for women entrepreneurs”. Tayaba Batool, chief executive officer of Capacity Analytics, will introduce women entrepreneurs to opportunities online … Read more
KARACHI: The Pakistan State Oil (PSO) has declared a final cash dividend of Rs10/share for the year ended June 30, 2021, which is in addition to the interim dividend of Rs5/share already paid to the shareholders. The PSO announced a net profit of Rs29.5 billion, translating into the earnings per share (EPS) of Rs62.63 for … Read more
KARACHI: After Airlift’s $85 million, a business-to-business marketplace, Bazaar, has raised $30 million in a Series A round, which takes the total investment in Pakistan’s startup space to over $250 million, a statement said on Tuesday. Analysts believe the successive financing rounds have laid the foundations of a new era in Pakistan where technology startups … Read more
KARACHI: The US Federal Reserve has formally terminated all enforcement action against the Habib Bank Limited (HBL) and its New York branch, sources said on Tuesday. HBL, one of the top banks in Pakistan, in a report disclosed: “The Federal Reserve in September last year formally announced the termination of all Federal Reserve enforcement actions … Read more
PESHAWAR: On Tuesday, at least 23 passengers on multiple inbound international flights landing at Bacha Khan International Airport tested positive for COVID. Pakistan International Airlines (PIA) and other foreign airlines were among the international flights taken by the 23 COVID positive people. The Khyber Pakhtunkhwa health department verified that all 23 COVID patients have been moved … Read more
KARACHI: Pakistan’s liquid foreign exchange reserves hit an all-time high of $27.4 billion after the country received $2.75 billion from the International Monetary Fund under its new allocation of Special Drawing Rights (SDRs) equivalent to $650 billion, the largest in the IMF’s history. However, the official announcement regarding the forex reserves is still awaited. Analysts … Read more
Pakistani martial artist Rashid Naseem broke yet another Indian record of crushing most walnuts with an elbow. According to sources, Rashid once again claimed his walnut-crushing record. This time he crushed 315 walnuts in one minute. Before, Rashid set the record of crushing 195 walnuts in a minute. But later Indian martial artist Prabhakar Reddy … Read more
KARACHI: On Tuesday, a weather official predicted rain in Karachi on the first two days of September. According to the forecast, Tharparker and other eastern areas of Sindh will experience rain on August 31. “A low pressure that will develop in the Bay of Bengal, will bring rainfall in Karachi and other areas”, Director Pakistan … Read more
MUSCAT: The Omani Civil Aviation Authority (CAA) said on Monday that the travel restrictions for fully vaccinated travelers from Pakistan, Bangladesh, and other 18 countries previously placed on the red-list has been lifted. The Civil Aviation Authority of Oman has released a circular stating that beginning September 1, all persons who are entitled to visit … Read more
ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin has vowed to carry forward a comprehensive reform agenda for bringing the much-needed changes in the public sector, a statement issued by the Finance Ministry said. During a meeting with Adviser to the Prime Minister on Institutional Reforms and Austerity Dr Ishrat Husain, the minister acknowledged … Read more
ISLAMABAD: Prime Minister Imran Khan has said that technology transfer, strong partnerships among educational institutions, industrial sector and government and creating a suitable environment for youth was the top priority of the government. Chairing a high-level meeting regarding the setting up of special technology zones in the country, the prime minister directed to provide all … Read more
