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.
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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.
Sharif embarks on four-day tour of Saudi Arabia, Qatar and Türkiye to advance US-Iran peace talks
ISLAMABAD: Prime Minister Shehbaz Sharif left Islamabad on Wednesday for a four-day diplomatic tour of Saudi Arabia, Qatar and Türkiye, stepping up Islamabad’s role as a mediator in the fragile US-Iran peace process as momentum builds for a second round of negotiations.
Saudi Arabia bolsters Pakistan reserves with $3 billion top-up, extends $5 billion facility by three years
ISLAMABAD: Saudi Arabia has committed an additional $3 billion in deposits to Pakistan and extended the term of its existing $5 billion facility by three years, Finance Minister Muhammad Aurangzeb said Wednesday, providing timely relief as Islamabad prepares to repay a $3.5 billion loan to the United Arab Emirates.
Trump says Iran talks likely back in Islamabad within days, lauds Field Marshal Munir’s ‘fantastic’ role
ISLAMABAD: President Donald Trump said on Tuesday that a second round of direct negotiations with Iran to end the seven-week war could resume in Islamabad as soon as the next two days, reversing an earlier suggestion that the talks might shift to Europe and signaling fresh momentum in the diplomatic push even as the United States enforces a naval blockade of Iranian ports.
IMF cuts Pakistan growth forecast to 3.5 percent as Middle East war clouds global outlook
KARACHI: The International Monetary Fund lowered its economic growth projection for Pakistan to 3.5% for fiscal 2027 from a previous forecast of 4.1%, citing risks from the Middle East conflict, while raising its inflation outlook for the South Asian nation to 8.4% — the highest among major international forecasters.