By Staff Reporter
ISLAMABAD: Pakistan’s IT and Telecom Minister Syed Amin ul Haque approved on Thursday the annual budgets of two state-owned funds that support the development of the telecom sector and innovation projects.
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Pakistan, Italy extend debt swap deal for development projects
By Staff Reporter
ISLAMABAD: Pakistan and Italy have agreed to extend a debt swap deal that allows Pakistan to use part of its debt to Italy for development projects, the two countries said on Thursday.
UAE eyes renewable energy investment in Pakistan, offers oil and gas supplies
By Staff Reporter
ISLAMABAD: The United Arab Emirates (UAE) wants to invest in Pakistan’s renewable energy sector and is also interested in its conventional energy sources, a senior UAE official said on Thursday.
Pakistani army major martyred in gunfight with militants
By Staff Reporter
ISLAMABAD: A army major was killed, and two soldiers wounded in a clash with militants near the Afghan border, the military said on Thursday, the latest in a series of attacks on security forces in the restive region.
Five Pakistani car washers held for working in Israel, violating travel ban
By Staff Writer
ISLAMABAD: Pakistan has arrested five men who worked as car washers and helpers in Israel for four years, violating a ban on travel to the Jewish state, the Federal Investigation Agency (FIA) said on Wednesday.
Punjab battered by record-breaking rain, nine dead
By Staff Reporter
ISLAMABAD: At least nine people were killed and six injured in central Punjab province on Wednesday as heavy rain lashed the region, officials said.
Three soldiers martyred in suicide attack near Afghan border
By Staff Reporter
ISLAMABAD: A suicide bomber killed three soldiers and wounded three civilians near a security checkpoint in North Waziristan, a former militant stronghold on the Afghan border, the army said on Wednesday.
IMF confirms July 12 meeting on Pakistan’s $3 billion loan request
By Staff Reporter
ISLAMABAD: Pakistan’s $3 billion loan programme with the International Monetary Fund (IMF) will be reviewed by the lender’s Executive Board on July 12, local daily Business Recorder reported on Wednesday, quoting an IMF’s confirmation email to the media.
Pakistan’s public debt soars 32pc to Rs58.962 trillion
By Staff Reporter
KARACHI: Pakistan’s public debt surged 32 percent to Rs58.962 trillion in the year to May, central bank data showed on Wednesday, as the government borrowed heavily to finance its fiscal deficit and cope with a weakening currency
Meta, SBP to train 500 women entrepreneurs in Pakistan
By Staff Reporter
KARACHI: Meta, the parent company of Facebook and Instagram, and Whatsapp, has teamed up with the State Bank of Pakistan (SBP) to train and support 500 women entrepreneurs and other high value small businesses in the country, the company said on Wednesday.