ISLAMABAD: Pakistan is gearing up to introduce its first stablecoin as the South Asian nation seeks to integrate virtual assets into its economy and position itself as a leader in digital finance.
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Pakistan to launch AI-powered immigration overhaul to curb migrant smuggling
ISLAMABAD: The government on Friday announced a sweeping overhaul of its immigration and document verification systems, vowing to deploy artificial intelligence tools and impose stricter penalties in a bid to combat migrant smuggling and the use of fraudulent travel papers, following a series of recent incidents where passengers were barred from flights.
OGDCL triples tight-gas study area, plans aggressive shale push
ISLAMABAD: State-owned Oil & Gas Development Co. is gearing up for a significant push into unconventional gas starting early next year, seeking to ramp up domestic output and ease the country’s heavy dependence on imported liquefied natural gas.
Pakistan faults Taliban for stalling Turkish mediation effort amid border tensions
ISLAMABAD: Pakistan accused the Taliban regime in Afghanistan on Friday of failing to cooperate with a Turkish-led mediation effort aimed at easing escalating tensions between the two neighbors, as a planned visit by a high-level delegation from Ankara failed to materialise.
Military blasts Imran Khan for anti-army rhetoric
RAWALPINDI: The head of military media wing on Friday sharply rebuked the jailed founder of the country’s main opposition Pakistan Tahreek-e-Insaf party, Imran Khan, accusing him of fomenting an “anti-army” narrative that has escalated into a national security threat, potentially in collusion with foreign adversaries.
Israeli spyware Predator used against human rights lawyer in Pakistan, Amnesty says
ISLAMABAD: An Israeli-made spyware tool, long associated with human rights violations around the world, has been deployed against targets in Pakistan, according to a new investigation by Amnesty International that marks the first documented case in the country.
Pakistan asks UK to extradite two pro-Imran Khan critics over alleged anti-state propaganda
ISLAMABAD: The interior minister handed over extradition papers on Thursday to Britain’s top diplomat in Islamabad for two prominent pro opposition critics of the government living in the United Kingdom, escalating a campaign against what officials describe as fake news and anti-state propaganda spread from abroad.
FM Aurangzeb opens crucial NFC talks, signals flexibility on revenue sharing
ISLAMABAD: Finance Minister Muhammad Aurangzeb pledged an open-minded approach to negotiations on sharing federal tax revenues with provinces, kicking off the first meeting of the 11th National Finance Commission amid strains from floods, security threats and IMF-mandated reforms.
Jail authorities block KP chief minister’s visit to Imran Khan for ninth time
RAWALPINDI: For the ninth time, prison authorities on Thursday barred the chief minister of Khyber Pakhtunkhwa Province, Sohail Afridi, from meeting Imran Khan, the jailed founder of the Pakistan Tehreek-e-Insaf party, amid growing frustration over restricted access to him.
Saudi Arabia extends $3 billion deposit at Pakistan central bank for a year
KARACHI: Saudi Arabia agreed to roll over a $3 billion deposit held with Pakistan’s central bank for another year, providing a boost to the cash-strapped South Asian nation’s foreign exchange reserves amid ongoing economic pressures.