ISLAMABAD: The US Department of War has included Pakistan and Saudi Arabia in a new contract for the supply of US-made air-to-air missiles, and separately approved a deal to upgrade communications systems on Saudi fighter jets, according to an official statement on its website.
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Pakistan to weigh flood impact, IMF review before rate cuts – central bank chief
ISLAMABAD: Further policy rate cuts by Pakistan’s central bank will hinge on the economic impact of recent floods and the results of an ongoing International Monetary Fund review, State Bank of Pakistan Governor Jameel Ahmad said.
Zardari asks Naqvi to defuse rift between PML-N and PPP as coalition strain grows
ISLAMABAD: President Asif Ali Zardari has directed Interior Minister Mohsin Naqvi to mediate between the ruling Pakistan Muslim League-Nawaz (PML-N) and its key ally, the Pakistan Peoples Party (PPP), amid a deepening rift that threatens the stability of the coalition government, local media reported on Tuesday.
Pakistan growth seen slowing to 2.6 percent as floods hit crops, World Bank says
ISLAMABAD: Pakistan’s economy is forecast to expand 2.6% in the fiscal year through June 2026, little changed from the prior period, as catastrophic floods sap agricultural output and revive inflation pressures, the World Bank said.
Ex-senator Khan freed after Israeli detention over Gaza aid flotilla
ISLAMABAD A former senator detained by Israeli forces last week after they intercepted an aid flotilla bound for Gaza has been released and is now safely at the Pakistani embassy in Amman, Jordan, deputy prime minister said on Tuesday.
Pakistan’s military praises Chinese weapons’ performance in clash with India
ISLAMABAD: Pakistan’s top military spokesman has hailed the performance of Chinese-made weapon systems during a brief but intense conflict with India in May, marking a rare public endorsement amid ongoing tensions between the nuclear-armed neighbors.
Saudi business delegation in Pakistan to explore trade and investment under Vision 2030
ISLAMABAD: A high-level Saudi business delegation led by Prince Mansour bin Mohammad Al Saud arrived in Islamabad on Tuesday to discuss trade, investment and collaboration, the Foreign Office said, weeks after the two countries signed a mutual defence agreement.
Pakistan forms committee to accelerate economic talks With Saudi Arabia
Pakistan has set up an 18-member committee to drive bilateral economic talks and negotiations with Saudi Arabia, according to a notification from the Prime Minister’s Office.
Pakistan to launch nationwide polio drive targeting 45 million children
ISLAMABAD: Pakistan announced the launch of a nationwide anti-polio vaccination drive on Monday, targeting more than 45 million children under the age of 5 in a bid to curb the spread of the crippling disease amid a surge in cases this year.
Pakistan, Malaysia agree to boost trade ties as Kuala Lumpur plans $200m halal meat imports
ISLAMABAD: Prime Minister Shehbaz Sharif and his Malaysian counterpart, Anwar Ibrahim, vowed on Monday to deepen economic ties between their nations, with Malaysia announcing plans to import $200 million worth of halal meat from Pakistan as a key step toward expanded trade and investment.