By Staff Reporter
ISLAMABAD: Pakistan’s iCube Qamar satellite will orbit the moon as part of China’s Chang’e-6 lunar mission, marking a historic first for the South Asian nation, Prime Minister Shehbaz Sharif said on Friday.
top-latest
Ten firms bid for troubled PIA’s majority stake
By Staff Reporter
ISLAMABAD: Pakistan International Airlines Corp. has attracted ten bidders, including tycoon Arif Habib and Gerry’s Group, for a majority stake in the state-owned carrier, according to people familiar with the matter.
FBR to cut mobile phone access for 500,000 tax evaders
By Staff Reporter
ISLAMABAD: Pakistan will block mobile phone connections of over 500,000 individuals who failed to file their income tax returns for Tax Year 2023, the country’s tax authority said on Tuesday.
IMF approves final $1.1 billion tranche of $3billion bailout for Pakistan
By Staff Reporter
ISLAMABAD: Pakistan secured a $1.1 billion lifeline from the International Monetary Fund (IMF) on Monday, as the global lender approved the final tranche of a $3 billion bailout package designed to shore up the country’s dried-up finances and avert a sovereign default.
Iran and Pakistan agree to speed up free trade deal despite US warning
By Staff Reporter
ISLAMABAD: Iran and Pakistan have agreed to “expeditiously finalise” a free trade agreement (FTA) aimed at boosting economic cooperation between the two nations, despite a warning from the United States about the risks of doing business with Tehran.
Iran and Pakistan ink eight pacts, eye $10 billion trade boost
By Staff Reporter
ISLAMABAD: Iran and Pakistan signed eight agreements on Monday, including a security cooperation pact, as they sought to strengthen ties and boost trade to $10 billion, Iranian President Ebrahim Raisi said.
The signing took place during Raisi’s three-day visit to Islamabad, which began on Monday.
Japanese nationals safe, one security guard dead in Karachi suicide attack
By Staff Reporter
KARACHI: Five Japanese nationals narrowly escaped a suicide attack on their vehicle in Karachi, Pakistan’s financial capital, on Friday, as one attacker died in the blast and police gunned down his accomplice.
IMF predicts 2 percent growth rebound for Pakistan
By Staff Reporter
KARACHI: The International Monetary Fund (IMF) has forecast a 2 percent GDP growth for Pakistan in the current fiscal year, marking a recovery from the previous year’s -0.2 percent downturn.
Saudi delegation arrives in Pakistan to strengthen economic ties
By Staff Reporter
ISLAMABAD: A high-level delegation from Saudi Arabia, led by Foreign Minister Prince Faisal bin Farhan bin Abdullah, arrived in Pakistan on Monday for a two-day visit aimed at enhancing economic cooperation between the two nations.
Nine Punjab passengers killed in targeted bus attack in Balochistan
By Staff Reporter
ISLAMABAD: Nine passengers from Punjab province were killed by unidentified gunmen after being abducted from a bus traveling from Quetta to Taftan, a senior police official said on Saturday.