• Demands global action on held Kashmir, Palestine; says Israel’s illegal occupation creates ‘fresh hell’ daily• Walks out to protest Netanyahu’s speech, other Muslim leaders follow suit• Speaks about Ukraine war, climate change, poverty; labels debt burdens a ‘death trap’• PTI supporters hold demo to seek Imran’s release UNITED NATIONS: Prime Minister Shehbaz Sharif delivered...
The RUYI Group of China has announced to establish Textile Parks of international standard in Pakistan under the facilitation of Special Investment Facilitation Council (SIFC). The Textile Parks, which will be established in Sindh and Punjab, are part of the China-Pakistan Economic Corridor project with the aim to further augment relations and enhance economic cooperation between the two...
Crisis-wracked South Asian country has had 22 previous IMF bailout programmers since 1958 WASHINGTON: Pakistan has received “significant financing assurances” from China, Saudi Arabia and the United Arab Emirates linked to a new International Monetary Fund programme that go beyond a deal to roll over $12 billion in bilateral loans owed to them by Islamabad, an IMF official said on...
The International Monetary Fund’s board (IMF) on Wednesday approved a $7 billion Extended Fund Facility (EFF) for Pakistan, providing a critical boost to the country’s struggling economy. The development was announced by the Prime Minister’s Office (PMO) while a statement is expected from the IMF. The PMO said the premier expressed his satisfaction with the programme’s approval. “The...
September 24, 2024 (MLN): Fauji Fertilizer Company Limited (PSX: FFC) has emerged as the company with the largest market capitalization among the constituents of the KSE-100 index, the key gauge of the Pakistan Stock Exchange (PSX). In today's session, FFC’s market capitalization reached a staggering Rs152.89 billion, taking its weightage in the KSE-100 index to 6.06%. The...
Pakistan prepares over 70 projects for China’s cooperation in CPEC phase II Pakistan has finalized a list of over 70 projects for potential collaboration with China under the second phase of the China-Pakistan Economic Corridor (CPEC). These projects, covering various sectors such as infrastructure, energy, trade, and technology, will be presented to the Chinese Prime Minister next...
ISLAMABAD: The federal government has increased by 45pc the house rent ceiling for all its employees — from grade 1 to 22 — for six major cities, with the highest increase being seen in the federal capital. According to a notification issued by the Ministry of Housing and Works, the enhanced rental ceiling for hiring of residential accommodation for staff and officers of federal ministries,...
• Both sides agree on joint exercises, training of GB officers at Xinjiang Police Academy• Interior minister says Islamabad aims to eliminate smuggling of drugs and arms• Chinese minister seeks to enhance ties with Pakistan in all fields• Musadik attends Silk Route Expo in China ISLAMABAD: Pakistan and China on Saturday agreed to enhance cooperation in various fields, including...
Divine Orchards is a visionary project that blends sustainable farming with serene living spaces. Focused on agro farms and organic activities, it offers a unique opportunity to experience nature through eco-friendly farmhouses and holistic agricultural practices. At Divine Orchards, we cultivate organic crops, using eco-conscious methods to promote environmental well-being while providing fresh,...
akistan has achieved a significant milestone in its space program with the successful launch and operation of PakSat-MM1, the country’s first multi-mission satellite. This satellite marks Pakistan’s entry into the realm of space-based broadband services, representing a major leap forward in the nation’s technological capabilities. Shaza Fatima, Pakistan’s Minister of State for Information...