ISLAMABAD: The Supreme Court of Pakistan will take up a contempt of court petition next month accusing the government of defying a judicial order to transfer imprisoned former prime minister Imran Khan to a private hospital for medical treatment, according to court filings and officials familiar with the case.
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Pakistan forms panel to defuse $18 billion Iran pipeline dispute
ISLAMABAD: Prime Minister Shehbaz Sharif has set up a high-level committee to negotiate a settlement with Iran over a stalled natural gas pipeline, as the government seeks to limit its exposure to a Paris arbitration claim that could cost the cash-strapped economy as much as $18 billion.
Pakistan weighs scrapping Rs10 note as printing costs bite
ISLAMABAD: Pakistan’s central bank is considering scrapping its lowest-denomination banknote, the Rs10 note, as officials weigh the rising cost of printing currency that’s becoming increasingly expensive to produce.
Pakistan targets up to $2 billion more in Eurobonds this fiscal year
KARACHI: Pakistan plans to raise as much as $2 billion through Eurobonds this fiscal year, extending a return to international capital markets that began with a $750 million issuance in April, while pursuing a $10 billion currency swap facility with the US to bolster investor confidence in the South Asian economy.
Pakistan seeks to revive Iran-US truce, but Pentagon keeps strikes ‘on the Table’
ISLAMABAD: Pakistan said on Tuesday it had made “significant progress” toward reviving a fractured peace framework between Iran and the United States, following a day-long visit by the country’s top military and security officials to Tehran, even as US officials signalled they had not ruled out further military action against Iran.
Pakistan launches feasibility study for strategic petroleum reserves with Wood Mackenzie
ISLAMABAD: Pakistan began a feasibility study on Tuesday to determine whether the South Asian nation should build strategic petroleum reserves, turning to global energy consultancy Wood Mackenzie as it seeks to shore up defences against the kind of supply shocks that have rattled global oil markets this year.
American mountaineer Sarah Mallory Geis’s remains brought down from Broad Peak
SKARDU: The body of an American mountaineer who died in an avalanche on one of the world’s most unforgiving peaks was airlifted on Tuesday, more than three weeks after she and nine other climbers were buried in a wall of snow and ice on Broad Peak, in the Karakoram range of northern Pakistan.
Senate erupts over hospital transfer of jailed opposition leader Imran Khan
ISLAMABAD: A bitter dispute over the medical treatment of Imran Khan, the imprisoned former prime minister, spilled into the country’s Senate on Tuesday, as lawmakers from the government and the opposition accused each other of defying a Supreme Court order meant to guarantee his care.
PTI refiles contempt petition over Imran Khan’s diverted hospital transfer
ISLAMABAD: The Supreme Court of Pakistan registrar’s office on Tuesday accepted a refiled contempt of court petition accusing senior government officials of defying a court order that directed jailed former prime minister Imran Khan be transferred to a private hospital for medical treatment, after an earlier version of the filing was returned for procedural deficiencies.
Pakistan’s army chief Munir returns to Tehran as peace track stalls, US ramps up economic pressure
Pakistan’s top military officer arrived in the Iranian capital on Monday for another round of talks aimed at salvaging a peace process that has largely stalled in recent weeks, even as the Trump administration unveiled a sweeping new sanctions campaign designed to further isolate Tehran from the global economy.