KARACHI: Rescue crews combed through the charred rubble of Gul Plaza on Tuesday, recovering the bodies of 28 people killed in a weekend blaze that gutted one of this sprawling port city’s busiest shopping complexes and left dozens still missing, as grieving families like that of a laborer searching for his 13-year-old son pressed authorities for answers amid a history of deadly fires fueled by lax safety enforcement.
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Consensus emerges on Raja Nasir Abbas as Senate opposition leader after prolonged impasse
ISLAMABAD: The lawmakers from the governing coalition and opposition have reached a consensus on naming Senator Allama Raja Nasir Abbas, the chief of the Majlis Wahdat-e-Muslimeen and an ally of the Pakistan Tehreek-e-Insaf, as the new leader of the opposition in the Senate, according to statements from key figures on Monday.
PSL switches to auction system, scraps draft for 11th season
LAHORE: The Pakistan Super League will adopt a player auction system for the first time in its history, ditching the draft model as part of sweeping changes aimed at boosting competition and player earnings, the Pakistan Cricket Board announced on Monday.
Pakistan Air Force joins multinational exercise in Saudi Arabia, showcasing long-range reach
ISLAMABAD: A contingent from the Pakistan Air Force arrived in Saudi Arabia on Monday to participate in a large-scale multinational aerial combat exercise, military officials said, in a move that points to efforts to strengthen cooperation among allied forces as threats in the region shift and grow.
Death toll in Karachi mall fire rises to at least 23; dozens still missing
KARACHI: Rescue workers pulled more bodies from the charred remains of a popular shopping mall in Karachi on Monday, pushing the death toll from a weekend fire to at least 23, while dozens of people stayed unaccounted for in what has become one of the city’s deadliest blazes in years.
Import spike pushes Pakistan into $244mln current account deficit in December
KARACHI: Pakistan’s current account swung to a deficit in December as a surge in imports overwhelmed rising exports and remittances, pointing to the fragility of the country’s external position even as foreign reserves continue to climb.
Death toll rises to 14 in Karachi mall fire as search for missing continues
KARACHI: The death toll from a devastating fire that gutted a bustling shopping mall in Karachi climbed to 14 on Monday as rescuers pulled eight more bodies from the charred wreckage and battled rekindled flames amid fears that dozens more people remained trapped inside.
Pakistan plans $2 billion debt tokenization to tap retail investors
ISLAMABAD: Pakistan’s finance ministry is considering tokenizing as much as $2 billion of its domestic government debt in an initial push, according to a senior official, as the cash-strapped nation looks to harness blockchain technology to widen access to its bond market and cut costs.
Pakistan is invited to join Trump-led ‘Board of Peace’ for Gaza’s postwar reconstruction
ISLAMABAD: Pakistan has received an invitation from President Donald J. Trump to join a new international board intended to oversee the reconstruction and governance of postwar Gaza, the Foreign Office said on Sunday, as the United States works to pull together an international group for a territory left in ruins by more than two years of Israeli attacks.
Six dead, dozens feared trapped as rescuers battle a raging fire at Karachi’s Gul Plaza
KARACHI: The death toll from a devastating fire that has raged for almost 24 hours at Gul Plaza, a crowded shopping mall in Karachi’s bustling Saddar district, climbed to six on Sunday, including a firefighter killed in the line of duty, as authorities warned that over 50 people are now feared missing and possibly trapped inside the collapsing structure.