ISLAMABAD: Pakistan’s telecommunications regulator has stopped the country’s newly combined Ufone-Telenor business from adopting the e& brand of its Abu Dhabi-based parent, adding a regulatory snag to a merger that created the nation’s second-largest mobile carrier by subscribers.
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Pakistan misses IMF gas-tariff deadline as regulator chief digs in over losses – report
ISLAMABAD: Pakistan let a July 1 deadline to raise natural gas tariffs slip past, missing a commitment made to the International Monetary Fund just three months ago and adding a fresh complication to a $7 billion loan program already strained by more than 3.44 trillion rupees in unpaid gas-sector bills, Dawn newspaper reported on Tuesday.
Anti-graft body seizes tallest tower in escalating probe of property tycoon Malik Riaz
ISLAMABAD: Pakistan’s National Accountability Bureau took physical control of the Bahria Icon Tower, the country’s tallest building, on Monday, marking the most significant asset seizure yet in a widening money-laundering investigation targeting real estate developer Malik Riaz Hussain.
Pakistan emerges as quiet broker in effort to reunify Libya
ISLAMABAD: Pakistan has opened a quiet, previously unreported channel of mediation between Libya’s rival eastern and western power centers, according to two Pakistani officials familiar with the matter, a role that would mark a striking expansion of Islamabad’s diplomatic reach if it produces results, Reuters reported.
Military top brass pledges resolve on water rights, cross-border threats amid rising tensions with India, Afghanistan
RAWALPINDI: Pakistan’s senior military leadership pledged Monday to take “all measures necessary” to secure the country’s water rights under the Indus Waters Treaty, according to a statement from the armed forces’ media wing, as tensions with India over the decades-old water-sharing agreement continue to simmer.
Clashes erupt in part of Azad Kashmir amid regionwide strike, protests
MIRPUR: A general strike shut businesses across Azad Kashmir on Sunday and protesters clashed with police in several towns, as demonstrations organised by a banned political group entered their second month and a month-long internet blackout showed no sign of ending.
Pakistan’s June LNG prices jumped 15 percent after Gulf conflict hit Qatar supplies
ISLAMABAD: Pakistan’s energy regulator raised the price of regasified liquefied natural gas by roughly 15% for June, as the country’s two state-linked gas utilities were forced into costlier spot-market purchases after the war between the US and Iran disrupted contracted supplies from Qatar, Dawn newspaper reported on Monday.
Air Force officer Tariq dies shielding stranger on Islamabad avenue
ISLAMABAD: Group Captain Asim Tariq had just left his house near Shaheen Chowk on Sunday, driving through the capital, when something on the road ahead made him turn around.
11-year-old boy to face trial in Karachi’s Gul Plaza fire that killed 72
KARACHI: An 11-year-old boy has been charged with negligently starting a fire that killed 72 people and destroyed more than 1,100 shops at a crowded commercial plaza here, according to a charge sheet filed in court Saturday — a document that also accuses building managers of locking emergency exits and never calling for help as the blaze consumed the structure.
Pakistan, Turkey renew pledge to hit $5 billion in trade
ISLAMABAD: Pakistan and Turkey on Saturday recommitted to a long-standing goal of raising bilateral trade to $5 billion, as Prime Minister Shehbaz Sharif and Turkish President Recep Tayyip Erdoğan used a day of meetings here to widen cooperation on energy, mining, technology, and regional diplomacy.