U.S. officials have been anticipating a response from Iran following Israel’s attacks on Hezbollah leadership last week. Iran launched ballistic missiles at Israel on Tuesday, causing sirens to sound all over the country, the Israel Defense Forces said. Orange fire illuminated the sky over Israel as NBC News crews in both Tel Aviv and across the border in Tyre, Lebanon, viewed the apparent...
Apni Chat Apna Ghar Housing Scheme Through this scheme, more than 3000 houses will be constructed in every district of Punjab. Chief Minister Punjab launched the Apni Chat Apna Ghar housing scheme, which aims to provide affordable houses and loans to the eligible citizens of the province. Apni Chat Apna Ghar Housing Scheme Implementation Under the ‘Chief Minister Punjab Apna chat Apna...
• 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...
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...
• 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...
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...
Stocks in Pakistan closed near their record high on Thursday as robust foreign inflows and improving macro-economic indicators boosted sentiment. Pakistan Stock Exchange’s benchmark KSE-100 index gained 1.1% to close just shy of the previous record of 81,865.10, after touching a new high earlier in the day. The gauge has risen more than 30% this year, aided by foreign investors’ net...