By Staff Reporter
ISLAMABAD: Pakistan plans a fresh attempt to privatize its debt-ridden national airline, Pakistan International Airlines (PIA), Prime Minister Muhammad Shehbaz Sharif said on Monday, after a previous bid failed in October.
Trending
China denies criticizing Pakistan’s handling of $60 billion economic corridor projects
By Staff Reporter
ISLAMABAD: China’s embassy in Islamabad on Monday denied a report that a top Chinese official had criticized Pakistan’s handling of the $60 billion China-Pakistan Economic Corridor (CPEC), a flagship project of President Xi Jinping’s Belt and Road Initiative.
SBP slashes key rate to 12pc as inflation cools
By Staff Reporter
KARACHI: Pakistan’s central bank lowered its benchmark interest rate by 100 basis points to 12 percent on Monday, cutting borrowing costs for the sixth time since June 2024 as inflation slows.
Land scam kingpin Malik Riaz faces extradition showdown
By Staff Reporter
ISLAMABAD: Pakistan’s Defense Minister Khawaja Asif said on Friday that the government would seek the extradition of Malik Riaz Hussain, a wealthy real estate tycoon, from the United Arab Emirates, accusing him of orchestrating a massive land scam alongside former Prime Minister Imran Khan.
PTI pulls out of talks amid judicial commission standoff
By Staff Reporter
ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI), the main opposition party, has announced a boycott of the upcoming round of talks with the government due to delays in forming judicial commissions to probe two violent political incidents, PTI leaders confirmed on Friday.
National Assembly rushes through contentious cybercrime bill
By Staff Reporter
ISLAMABAD: Pakistan’s National Assembly on Thursday swiftly passed controversial amendments to the Prevention of Electronic Crimes Act (Peca) in a move that has raised alarms about freedom of speech and media rights in a country with a history of censorship.
PTI gives govt week to form judicial commission
By Staff Reporter
ISLAMABAD: Pakistan’s former Prime Minister Imran Khan has given the government a seven-day ultimatum to form a judicial commission to probe two violent incidents, a demand that could derail fragile talks aimed at easing the country’s deepening political crisis.
Pakistan’s new $246 million Gwadar airport takes off
By Staff Reporter
KARACHI: Pakistan inaugurated its new Gwadar International Airport, a $246 million Chinese-backed project that aims to become a key hub for trade and tourism in the region, as the country deepens its economic ties with China.
KPK readies counterterrorism push in restive Kurram
By Staff Reporter
PESHAWAR: The provincial Khyber Pakhtunkhwa government announced on Sunday that action against miscreants in the violence-stricken Kurram District was now unavoidable, after a surge in sectarian clashes and attacks on relief and food convoys.
Pakistani neuroscientist Aafia Siddiqui seeks clemency from Biden
By Staff Reporter
KARACHI: As President Joe Biden prepares to leave office, a Pakistani neuroscientist imprisoned in the United States for nearly 15 years is making a desperate bid for freedom, claiming she was wrongfully convicted and harshly treated, her lawyer said.