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Explained: Why India will host Pakistani athletes despite visa ban

Explained: Why India will host Pakistani athletes despite visa ban

When the government decided to suspend visa services to Pakistani nationals with immediate effect on April 24, 2025, in the wake of the Pahalgam terror attacks, it cast a shadow on the participation of the athletes from across the border in the...

Wolrd Bank approves $55m in additional financing to Discos

Wolrd Bank approves $55m in additional financing to Discos

ISLAMABAD: The World Bank has approved additional $55 million to Distribution Companies (Discos) under the Electricity Distribution Efficiency Improvement Project, sources told Business Recorder. “The delegate authority of the Board of Executive...

Overseas Pakistanis to be taxed as filers on property deals

Overseas Pakistanis to be taxed as filers on property deals

ISLAMABAD: The Federal Board of Revenue (FBR) has clarified that the rate of advance income tax on purchase and sale of immovable properties by overseas Pakistanis would be “filer rate” even if they are “non-filer”. The FBR has issued frequently...

Azerbaijan to invest $2bn in economic sector

Azerbaijan to invest $2bn in economic sector

SHUSHA, (Azerbaijan): Pakistan and Azerbaijan in a major development Friday signed a partnership agreement of $ two billion investment in Pakistan. The agreement was reflective of the continuing flow of investment in Pakistan under the leadership...

Pakistan, Russia to expand road, rail connectivity for warm waters access

In a significant development on regional connectivity, Pakistan and Russia have agreed to collaborate on establishing a robust rail and road network to link Pakistan with Central Asia and Russia, providing landlocked states direct access to warm...

Morning Digest: No trade deal under time pressure, says Piyush Goyal on pact with U.S; Trump signs ‘big, beautiful’ bill on U.S. Independence Day, and more

Morning Digest: No trade deal under time pressure, says Piyush Goyal on pact with U.S; Trump signs ‘big, beautiful’ bill on U.S. Independence Day, and more

No trade deal under time pressure; national interest supreme, says Goyal on pact with U.S. “India does not enter into any trade agreement based on deadlines and will accept the proposed trade deal with the U.S. only when it is fully finalised,...

World News | UAE Participates as Guest of Honour at the 17th Economic Cooperation Organisation Summit in Azerbaijan

World News | UAE Participates as Guest of Honour at the 17th Economic Cooperation Organisation Summit in Azerbaijan

Baku [Azerbaijan], July 5 (ANI/WAM): On behalf of President Sheikh Mohamed bin Zayed Al Nahyan, Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology participated in the 17th Summit of the Economic Cooperation Organisation (ECO),...

Online financial scams are rising

Online financial scams are rising

ONLINE financial transactions have grown at a rapid pace, and so have cybercrimes. Every about 30 seconds, someone somewhere in Pakistan is believed to fall victim to identity theft, which is quite alarming. It is common to receive random calls,...

Toyota Yaris 1.3 and 1.5 Expected Prices in Pakistan after New Taxes; Full List here

Toyota Yaris 1.3 and 1.5 Expected Prices in Pakistan after New Taxes; Full List here

Pakistan’s auto industry is seeing yet another round of price hikes as top automakers continue to revise rates upward. As Suzuki and KIA recently jacked up prices across their vehicle lineups, Toyota is now expected to follow suit, signaling no...

Microsoft closes office in Pakistan, lays off staff

Microsoft closes office in Pakistan, lays off staff

KARACHI: Microsoft has decided to close its office in Pakistan and laid off five employees, Dawn has learnt. Earlier, media reports suggested that the global tech giant had moved its operations out of the country. These were based on a LinkedIn...

PSX crosses 131,000 on economic optimism

PSX crosses 131,000 on economic optimism

KARACHI: The Pakis­tan Stock Exchange (PSX) extended its record-setting rally for the sixth consecutive session on Friday, with the benchmark KSE-100 index closing at an all-time high above the 131,000 mark. According to Topline Securities Ltd,...

Azerbaijan to invest $2b in Pakistan

Azerbaijan to invest $2b in Pakistan

SHUSHA: Pakistan and Azerbaijan in a major development Friday signed a partnership agreement of $2 billion investment in Pakistan. The agreement was reflective of the continuing flow of investment in Pakistan under the leadership of Prime Minister...

Business Briefs: Toll charges down up to 50% on NHs with bridges, tunnels

Business Briefs: Toll charges down up to 50% on NHs with bridges, tunnels

New Delhi: The government has reduced the toll rates up to 50 per cent for the sections of national highways that have structures like tunnels, bridges, flyovers or elevated stretches. PTI Microsoft closes its Pakistan office after 25 years...

Despite tensions, trade with India continues

Despite tensions, trade with India continues

KARACHI: Despite a brief military conflict and the continued closure of borders, trade between Pakistan and India persisted in May, with official data showing that imports from India reached a three-year high during July-May FY25. According to the...

Pakistan, Azerbaijan sign $2b deal at ECO summit

Pakistan, Azerbaijan sign $2b deal at ECO summit

Listen to article Pakistan and Azerbaijan on Friday signed a landmark agreement for a $2 billion Azerbaijani investment in Pakistan’s economy on the sidelines of the 17th Economic Cooperation Organization (ECO) summit, marking a significant boost...

Azerbaijan commits $2bn to Pakistan ahead of President Aliyev visit

Azerbaijan commits $2bn to Pakistan ahead of President Aliyev visit

PM Shehbaz, President Aliyev meet in Khankandi before signing. Accord reflects continued flow of investment into Pakistan. Final version to be signed during Aliyev’s Pakistan visit. SHUSHA, Azerbaijan: In a major breakthrough, Pakistan and...

Pakistan, Turkiye reaffirm commitment to strengthen strategic ties

Pakistan, Turkiye reaffirm commitment to strengthen strategic ties

Prime Minister Muhammad Shehbaz Sharif met President of Turkiye Recep Tayyip Erdogan, on the sidelines of the 17th ECO Summit in Khankendi, Azerbaijan. They held a comprehensive review of bilateral relations and exchanged views on key regional...

India to launch $234 million drone incentive scheme amid arms race with Pakistan

India to launch $234 million drone incentive scheme amid arms race with Pakistan

India will launch a $234 million incentive programme for civil and military drone manufacturers to reduce reliance on imported components and counter Pakistan’s drone capabilities, which are supported by China and Turkey, three sources told...

Pakistan seeks chinese, AIIB investment for key road projects

Pakistan seeks chinese, AIIB investment for key road projects

Pakistan is ramping up efforts to attract foreign investment in its road infrastructure sector, with Federal Minister for Communications Abdul Aleem Khan holding crucial meetings in Tianjin, China, with top officials from China Road and Bridge...

UAE, Pakistan Sign Visa Exemption Agreement For Some Passport Holders

UAE, Pakistan Sign Visa Exemption Agreement For Some Passport Holders

(MENAFN- Khaleej Times) The UAE and Pakistan have signed a visa exemption agreement for diplomatic and official passports, said Ishaq Dar, deputy prime minister and minister of foreign affairs of Pakistan. The announcement was made following the...

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