ISLAMABAD: Pakistan’s textile and clothing exports grew at a modest pace in the first two months of the fiscal year, held back by high input costs and by shocks that have disrupted shipments to two of the country’s regional markets.
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Pakistan property gets a lift as Gulf war sours investors on Dubai
KARACHI: Some of Pakistan’s wealthiest investors are selling Dubai property and steering part of the proceeds into luxury real estate in Karachi, builders and dealers say, an unexpected windfall for the local market from a war that has undermined the emirate’s standing as a haven for South Asian money.
Lambeth Palace rescinds interfaith honour to cleric Tahir Ashrafi who offered bin Laden the title “Sword of God”
ISLAMABAD: The Archbishop of Canterbury’s office on Thursday withdrew an interfaith award it had presented to a prominent Pakistani cleric six days earlier, after remarks he made about Osama bin Laden in 2007 resurfaced and drew condemnation on the 25th anniversary of the Sept. 11 attacks.
Pakistan trims fuel prices slightly after week of steep increases
ISLAMABAD: The government trimmed the price of petrol and diesel on Friday, a modest reversal after a week in which fuel costs climbed to their highest in months and pushed the government into a fresh round of austerity and subsidies.
Islamabad braces for showdown as minister Naqvi vows to stop Imran Khan’s supporters reaching capital “in every possible way”
ISLAMABAD: The government has vowed to stop supporters of the jailed former prime minister Imran Khan from marching on Islamabad “in every possible way”, warning that security forces have been given clear rules of engagement and will not stay silent if they come under fire.
Suicide bombers and gunmen attack Kohat police compound, killing at least 21
PESHAWAR: A suicide bomber rammed a car packed with explosives into a mosque inside a police compound in north-west Pakistan during Friday prayers, killing at least 21 people, before gunmen tried to storm the complex and fought security forces for hours.
Pakistan’s tough talk for Saudi Arabia keeps hardening, testing an untested defence pact
KARACHI: Pakistan will defend Saudi Arabia “to any extent,” a senior military spokesman said on Thursday — the toughest yet in a run of statements from Islamabad that have hardened by the day as the kingdom faces its heaviest barrage of Houthi drone and missile strikes in the current hostilities.
Six soldiers martyred in IED attack as violence surges in Khyber Pakhtunkhwa
ISLAMABAD: Six soldiers were martyred on Wednesday when an improvised explosive device struck their convoy in the northwestern province of Khyber Pakhtunkhwa, the military said, the latest in a wave of attacks that has made the region bordering Afghanistan the epicentre of Pakistan’s militant crisis.
Rights lawyer Imaan Mazari and husband re-arrested shortly after Supreme Court ordered their release
ISLAMABAD: A human rights lawyer and her husband were back behind bars within hours on Thursday, after Pakistan’s Supreme Court suspended the 17-year prison sentences that had made their case a rallying point for press freedom campaigners and UN officials.
Diesel price rises for ninth day, petrol barely budges
ISLAMABAD: The government raised diesel prices for a ninth consecutive day while petrol costs edged lower, a rare break in an otherwise relentless run of increases that has pushed fuel costs up more than 20% so far this month as the government tracks a volatile global oil market shaped by conflict in the Middle East.