By Staff Reporter
ISLAMABAD: Pakistan and Saudi Arabia are poised to ink a series of substantial agreements, potentially worth billions, Prime Minister Shehbaz Sharif said on Monday during a banquet honoring a high-level Saudi business delegation in Islamabad.
By Staff Reporter
ISLAMABAD: Pakistan’s telecommunications regulator has refused to comply with a demand by the country’s tax authority to block the mobile phone services of over half a million individuals who failed to file tax returns in 2023.
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.
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.
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.
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.
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.
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.
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.
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.
