KARACHI: Norway’s Telenor is working with Citigroup to sell its controlling stake in Pakistani digital lender Easypaisa Bank, Bloomberg reported on Friday, a move that would complete the telecom group’s withdrawal from Pakistan after two decades.
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Security forces kill four militants in two nighttime raids in northwest, as counterterrorism campaign intensifies
ISLAMABAD: Security forces killed four terrorists in two separate intelligence-based operations in the volatile northwestern province of Khyber Pakhtunkhwa, the military’s media wing said on Thursday.
Pakistan braces for a punishing summer as El Niño tightens its grip
ISLAMABAD: Pakistan is heading into a summer of dangerous heat and diminished rains, the country’s national weather service warned Wednesday, painting a picture of a nation caught between two gathering climate threats: the creeping warmth of El Niño in the Pacific and the accelerating melt of its own glaciers in the north.
US revives tariff push against 60 nations, including Pakistan, citing forced labour as trade distortion
KARACHI: The US Trade Representative proposed new tariffs on imports from 60 economies — spanning trade giants including China, India, the European Union and Pakistan — alleging widespread failures to prohibit goods made with forced labor, as the Trump administration moves to reassemble its trade enforcement agenda after a series of legal reversals.
NAB returns Rs6 billion to northwestern province in first phase of sprawling public funds fraud case
ISLAMABAD: Pakistan’s national anti-corruption agency has returned more than six billion rupees — roughly $21.5 million — to the government of Khyber Pakhtunkhwa province, authorities said on Tuesday, marking the first concrete recovery in a fraud case that investigators say drained more than 37 billion rupees, or approximately $133 million, from public coffers over nearly a decade.
Islamabad restores early market closures as energy austerity returns after Eid reprieve
ISLAMABAD: The federal government reimposed strict market-closing hours in Islamabad from Monday, ordering shops and malls to shut by 8 p.m. in a renewed push to rein in energy consumption — a measure that had been suspended for weeks to accommodate Eid Al-Adha celebrations, but that traders warn is gutting their livelihoods.
Lawmaker Gilani denies UAE deportation, demands probe into social media claim
ISLAMABAD: Lawmaker Ali Musa Gilani spent much of Sunday on social media batting back claims that he had been expelled from the United Arab Emirates, calling the reports fabricated and demanding that authorities investigate the account that first circulated them.
PTI politicians blocked, detained and expelled as GB votes in a week
ISLAMABAD: With barely a week to go before legislative elections in Gilgit-Baltistan, Pakistan’s mountainous northern territory is rapidly becoming the focus of a deepening political crisis — one involving airport blockades, expelled lawmakers, disputed detentions, and now a formal appeal to the judiciary.
Pakistan opens inquiry into collision of two foreign vessels near Karachi Port
KARACHI: Pakistani authorities have launched a formal investigation into a collision between two foreign-flagged vessels just outside Karachi Port, officials said Friday, the latest test for the country’s ambitious efforts to position itself as a vital maritime and transshipment hub even as global shipping routes face fresh disruptions.
Sindh shatters heat record with 51.5°C in Dadu as UN predicts years of record global heat
ISLAMABAD: Pakistan’s Meteorological Department said on Thursday that the country had set a new temperature record, with the mercury soaring to 51.5 degrees Celsius in the southern district of Dadu in Sindh province.