By Staff Reporter
ISLAMABAD: The Privatization Commission (PC) said on Friday that it had approved the appointment of a British consortium led by Ernst & Young as the financial adviser for the privatization of the loss-making Pakistan International Airlines (PIA) by the end of January 2024.
By Staff Reporter
ISLAMABAD: Caretaker prime minister on Wednesday accused Afghanistan’s hardline Taliban’s interim government of not only failing to act against militants who launch attacks from its territory but also of helping them in some cases, in a rare public display of frustration that could further strain relations between the neighbors.
By Staff Reporter
ISLAMABAD: Four soldiers, including a lieutenant colonel, were killed on Monday in a shoot-out with militants near the Afghan border, the military said, as a wave of attacks on security forces continued across the country.
By Staff Reporter
ISLAMABAD: Pakistan’s military said on Saturday that it had foiled a terrorist attack on a training air base of the Pakistan Air Force, killing all nine assailants who tried to storm the facility in the early hours of the day.
By Staff Reporter
ISLAMABAD: The military said on Saturday that it had foiled a terrorist attack on a training air base of the Pakistan Air Force, killing three assailants and cornering three others.
By Staff Reporter
ISLAMABAD: Pakistan and the International Monetary Fund (IMF) began the first review of a $3 billion bailout package on Thursday, with both sides expressing early satisfaction over the country’s progress in meeting the fiscal and monetary targets set by the lender.
Pakistan’s Supreme Court intervenes to end election impasse, sets Feb. 8 as polling date. Ex-PM Sharif back in the fray after four years in exile, while jailed Khan remains sidelined.
By Staff Reporter
KARACHI: Shell Petroleum Company Limited (SPCo), the parent company of Shell Pakistan Limited (SPL), has agreed to sell its domestic operations to Saudi Arabia’s Wafi Energy LLC, a fuel retailer, for an undisclosed amount, the companies said on Wednesday.
By Staff Reporter
ISLAMABAD: Pakistan began a nationwide crackdown on Wednesday against thousands of illegal immigrants, mostly Afghans, who failed to leave the country by a government-imposed deadline that expired at midnight on Tuesday.
Gas prices soar in Pakistan as the government complies with IMF’s condition for reducing circular debt. The move will impact millions of people and businesses across the country, especially the non-protected domestic consumers who will face a 173 percent increase.
