ISLAMABAD: Pakistani players and teams will be permitted to participate in multilateral sports events hosted by India, the country’s sports ministry has announced, while bilateral competitions between the nuclear-armed neighbors remain strictly off limits.
Top Stories
Pakistani army cadet named top foreign graduate at Australia’s Royal Military College
ISLAMABAD: A cadet from Pakistan’s army has been recognized as the overall best foreign military cadet at Australia’s elite Royal Military College, the military said on Wednesday, highlighting the deepening defence ties between the two nations.
PM Sharif hails new Saudi defense pact and mediation between Tehran and Washington as proof of Pakistan’s regional influence
ISLAMABAD: Prime Minister Shehbaz Sharif said on Wednesday that Pakistan had emerged as a pivotal force for stability in the Middle East, crediting its diplomatic intervention for bringing Iran and the United States to the negotiating table for the first time since 1979 and securing a ceasefire after talks hosted in Islamabad.
Pakistan seeks green bonds, panda debt to bolster climate finance as funding gaps loom large
ISLAMABAD: Finance minister said the country is accelerating efforts to tap diversified funding sources, including green bonds and sukuk, as it seeks to build resilience against climate change and speed its shift to cleaner energy.
Pakistan LNG Ltd. tenders two spot cargoes for May delivery
KARACHI: Pakistan LNG Ltd. issued a tender on Wednesday for two liquefied natural gas cargoes to be delivered to Port Qasim in Karachi later this month, the latest effort by the state-owned importer to secure spot supplies amid persistent global shipping disruptions.
Stocks surge 4.2 percent as Trump signals Iran deal progress, oil tumbles
KARACHI: Pakistani equities posted their strongest one-day gain in months on Wednesday after US President Donald Trump said he was pausing a military escort operation in the Strait of Hormuz to pursue a deal with Iran, easing fears of prolonged disruption to global oil flows.
Pakistan launches Capital Market Development Fund to lift retail participation
ISLAMABAD: Pakistan’s leading capital-market institutions on Wednesday formally established the Capital Market Development Fund, a new industry-backed vehicle designed to lift financial literacy, broaden retail investor access and deepen domestic capital mobilization as the country seeks greater economic independence amid regional tensions.
Pakistan power users poised for rare bill relief as capacity charges drop
ISLAMABADL: Electricity consumers across Pakistan are set to receive an unusual rebate of about 1.75 rupees per unit on their bills for the next three months as regulators prepare to pass through 63.94 billion rupees in savings from lower capacity payments to power producers.
Pakistan braces for severe heatwave, with temperatures expected to hit 50°C in south as 10 die in Karachi
ISLAMABAD: Pakistan’s meteorological authorities have forecast a punishing heatwave across much of the country this week, with extreme temperatures already claiming at least 10 lives in Karachi and prompting emergency measures nationwide.
US nears one-page accord with Iran to halt two-month war and frame nuclear talks – report
ISLAMABAD: The White House believes it is close to securing a one-page memorandum of understanding with Iran that would formally end the two-month war in the Persian Gulf and establish a framework for more substantive negotiations over Tehran’s nuclear program, according to US news website axios quoting two officials and two other people briefed on the discussions.