Kalash valleys in Chitral district added to UNESCO tentative World Heritage list

ISLAMABAD: The Kalash valleys, three remote and largely inaccessible enclaves tucked into the mountains of Pakistan’s Khyber Pakhtunkhwa province, were inscribed Tuesday on the United Nations Educational, Scientific and Cultural Organization’s World Heritage Tentative List, a crucial first step toward possible full recognition as a site of outstanding universal value.

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Pakistan sees 4 percent growth, lines up first Panda bond after Saudi inflows

ISLAMABAD: Pakistan’s economy is on track to expand about 4% in the current fiscal year, Finance Minister Muhammad Aurangzeb said Tuesday, as the government prepares to issue its first $250 million Panda bond in China’s domestic market in May and shifts toward commercial borrowing after a fresh Saudi deposit.

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Imran Khan receives fourth eye injection at Islamabad hospital as political tensions over his health persist

ISLAMABAD: Imran Khan, former prime minister and founder of the opposition Pakistan Tehreek-e-Insaf party, underwent his fourth intravitreal injection at a state-run hospital in the capital on Tuesday as treatment for a serious retinal condition that has already claimed most of the vision in his right eye.

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Pakistan test-fires indigenous Fateh-II missile in latest display of conventional strike capabilities

ISLAMABAD: Pakistan’s Army Rocket Force Command conducted a successful training launch of the indigenously developed Fateh-II missile system on Tuesday, the military’s media wing said, part of a sustained push by the country’s armed forces to refine their conventional missile arsenal.

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Trump says Iran is in ‘state of collapse’ and wants Hormuz reopened immediately as White House examines latest proposal

ISLAMABAD: The White House said on Tuesday it was examining Iran’s latest proposal to unblock the Strait of Hormuz, even as Tehran declared that the United States was no longer in a position to “dictate” policy to other nations and President Donald Trump publicly described the Islamic Republic as being in a “state of collapse.”

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Pakistan fuel suppliers seek prolonged CIF waiver to safeguard supply chains as Gulf shipping crisis lingers

ISLAMABAD: Pakistan’s oil refiners and marketers have asked the State Bank of Pakistan to extend by two months, or until market conditions stabilize, a temporary permission to import petroleum products on a cost-insurance-and-freight (CIF) basis, under which buyers shoulder the full responsibility for import costs and final delivery once cargoes reach the destination port.

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