ISLAMABAD: President Donald Trump said on Tuesday that he had directed the US military to extend an already strained ceasefire with Iran, keeping a naval blockade in place while Tehran prepares what he called a “unified proposal” to end the conflict that began with American and Israeli strikes in late February.
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Pakistan extends ban on Indian aircraft in its airspace, pushing restrictions into a second year
ISLAMABAD: Pakistan’s airports authority on Tuesday extended its prohibition on Indian-registered aircraft using Pakistani airspace for another month, a step that will carry the restrictions into their second year and continue to impose significant financial strain on Indian airlines.
Pakistan Navy test-fires indigenous Taimoor air-launched cruise missile, showcasing precision strike capability
KARACHI: The Pakistan Navy successfully test-fired the indigenously developed Taimoor air-launched cruise missile on Tuesday, the military’s media wing announced, in what officials described as a significant demonstration of the service’s ability to detect, track and neutralize enemy vessels at extended ranges.
Pakistan gets second Saudi deposit tranche of $1 billion
KARACHI: Pakistan’s central bank received $1 billion from Saudi Arabia on Monday, the second installment of a fresh $3 billion deposit designed to cushion the country’s foreign-exchange reserves as it navigates more than $3.5 billion in debt repayments to Gulf allies and international bondholders this month.
Azerbaijan’s SOCAR poised for quick LNG deliveries to Pakistan under 2025 framework pact
ISLAMABAD: Azerbaijan’s state energy company SOCAR has told Islamabad it is prepared to supply liquefied natural gas immediately upon request, the company said Tuesday, as Pakistan races to secure spot cargoes to ease a widening domestic energy shortfall.
Pakistan presses US and Iran to extend fragile ceasefire as deadline looms and second round of talks hangs in balance
ISLAMABAD: Pakistan pressed the United States and Iran on Tuesday to extend their two-week ceasefire and return to the negotiating table, even as a formal response from Tehran about attending a second round of US-Iran talks in Islamabad remained elusive and President Donald Trump signaled he was prepared to resume military strikes.
PCB bans Sri Lanka’s Dasun Shanaka from 2027 PSL over unilateral withdrawal to join IPL
LAHORE: The Pakistan Cricket Board has banned Sri Lankan all-rounder Dasun Shanaka from next year’s HBL Pakistan Super League after he unilaterally withdrew from the current tournament to join an Indian Premier League franchise.
Pakistan warns of growth miss after cutting development budget to subsidise fuel amid Middle East war
ISLAMABAD: Pakistan warned on Monday that economic growth will fall short of its 4.2% target for the current fiscal year and face further pressure next year, after slashing development spending by almost 20% to finance fuel subsidies and absorbing the inflationary shock from global supply-chain disruptions tied to the Middle East conflict.
Pakistan upsizes Eurobond to $750 million on stronger-than-expected demand
ISLAMABAD: Pakistan expanded its latest Eurobond offering to $750 million from an initial $500 million by exercising the greenshoe option, the government said on Monday, as robust investor demand allowed it to tap additional funds at the same terms.
Security forces kill wanted militant and suicide bomber in northwest raid, avenging officer’s death
ISLAMABAD: Security forces killed two militants, including a ringleader long sought for his role in a February suicide bombing that killed an army lieutenant colonel, in an intelligence-based operation in the northwestern district of Bannu, the military said on Monday.