ISLAMABAD: President Donald Trump said on Thursday that he might travel to Islamabad if a peace agreement with Iran is signed there, offering an optimistic assessment of the prospects for ending six weeks of conflict even as he warned that fighting could resume without a deal.
Top Stories
Pakistan Navy test-fires indigenous anti-ship ballistic missile
ISLAMABAD: The Pakistan Navy on Thursday successfully conducted a live firing of an indigenously developed ship-launched anti-ship ballistic missile, striking its target at extended range with high speed and precision, the military said.
IMF’s Georgieva backs Pakistan’s program as finance chief lines up panda bond, privatisations
ISLAMAVAD: International Monetary Fund Managing Director Kristalina Georgieva praised Pakistan’s “continued progress on economic reforms” and the macroeconomic stability achieved under the Fund’s program, capping a week of high-stakes diplomacy by Finance Minister Muhammad Aurangzeb at the IMF-World Bank Spring Meetings.
Pakistan posts $1.07 billion current account surplus in March as remittances climb and imports fall
KARACHI: Pakistan recorded a current-account surplus of $1.07 billion in March, the State Bank of Pakistan said Thursday, the third consecutive monthly surplus and one of the strongest monthly readings on record.
Pakistan says no date set for next US-Iran talks, stressing secrecy and continued diplomacy
ISLAMABAD: The Foreign Ministry said on Thursday that no date had been fixed for a second round of direct negotiations between the United States and Iran, even as senior Pakistani officials pressed ahead with shuttle diplomacy to keep the two adversaries at the table.
Pakistan fires up costly furnace oil plants, delays nuclear work as LNG shortages from Iran war trigger blackouts
ISLAMABAD: Pakistan is running its furnace-oil power plants at full capacity and postponing scheduled nuclear-plant maintenance to contain the worst electricity shortages in years, after Qatar declared force majeure on liquefied natural gas deliveries amid the Iran conflict.
Pakistan receives $2 billion Saudi deposit as reserves face pressure from $3.5 billion UAE repayment
KARACHI: The State Bank of Pakistan received $2 billion from Saudi Arabia with a value date of April 15, the central bank said Thursday, delivering immediate relief to foreign-exchange reserves strained by a looming repayment to the United Arab Emirates.
PM Sharif reaches Turkey as Pakistan presses to broker lasting US-Iran truce
ISLAMABAD: Prime Minister Shehbaz Sharif of Pakistan arrived in the Turkish resort city of Antalya on Thursday, the third stop on a three-nation tour through the Middle East that has underscored Islamabad’s deepening role as a diplomatic bridge in a region still reeling from weeks of war between the United States, Israel and Iran.
Extra electricity outages sweep Pakistan after government promised limit of 2.25 hours a day
ISLAMABAD: The Power Division imposed longer electricity outages than it had promised just a day earlier after a sudden drop in hydropower generation widened the supply gap, triggering complaints from households and businesses across the country and forcing the government to issue a public apology on Wednesday.
As ceasefire nears deadline, Pakistan juggles talks in Riyadh and Tehran
ISLAMABAD: Prime Minister Shehbaz Sharif Landed in Jeddah on Wednesday for talks with the kingdom’s leadership, even as the army chief, Field Marshal Asim Munir, reached Tehran carrying what Iranian officials said a new message from Washington aimed at salvaging a fragile ceasefire between the United States and Iran.