Read the latest news from regional and global sources, presenting different voices and perspectives.
17th Summit of the Economic Cooperation Organisation in Azerbaijan: Tinubu Urges Just Energy Transition
The News (Nigeria)
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July 5, 2025
Senator Bagudu in Khankhendi, Azerbaijan Says a climate-resilient future is a necessity As the push for cleaner energy grows stronger, President Bola Tinubu has urged a fair energy transition that will not jeopardise developing economies....
Pakistan, France sign €12 million grant to improve water, sanitation in Punjab
Profit by Pakistan Today
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July 5, 2025
The Government of Pakistan and the French Development Agency (AFD) have signed a grant agreement worth €12 million in the Ministry of Economic Affairs for a project aimed at strengthening water and sanitation service delivery across selected urban...
Pakistan seeks backing from foreign donors to cut power tariffs in a bid to revive industry, agriculture: report
Profit by Pakistan Today
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July 5, 2025
The federal government has proposed a new initiative to foreign donors, including the World Bank and the Asian Development Bank, in a bid to reduce electricity prices for industrial and agricultural sector consumers by Rs10.5 per unit, aiming to...
World bank injects $55M to digitally upgrade Pakistan’s power discos
Daily Times
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July 5, 2025
The World Bank has approved an additional $55 million in financing to support Pakistan’s power sector reforms, specifically targeting Hyderabad Electric Supply Company (HESCO) and Peshawar Electric Supply Company (PESCO). The funding is part of...
Currency Rates in Pakistan Today – US Dollar, Euro, Pound, Dirham and Riyal to PKR – 5 July
Daily Pakistan
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July 5, 2025
KARACHI – Currency market opened today with US Dollar, Euro, and British Pound remained in strong positions against Pakistani Rupee. As per latest rates, US Dollar continues to dominate trading, with a buying rate of Rs285.5 and a [selling rate of...
Pakistan, Azerbaijan agree to boost trade and investment cooperation
Daily Times
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July 4, 2025
Prime Minister Shehbaz Sharif on Friday met with President of Azerbaijan Ilham Aliyev on the sidelines of Economic Cooperation Organization (ECO) Summit in Khankendi, Azerbaijan. During the meeting, the two leaders agreed to enhance their...
Pakistan and Sri Lanka look to boost bilateral cooperation
Colombo Gazette
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July 4, 2025
Pakistan and Sri Lanka will look to boost bilateral cooperation particularly in the political, trade, and cultural spheres. The High Commissioner–designate of Sri Lanka to Pakistan, Fred Seneviratne paid a courtesy call on the Additional...
The Media Line: ‘It’s Pragmatic, Not Strategic’: US, Pakistan Reset Ties
SRN News
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July 5, 2025
Audio By Carbonatix ‘It’s Pragmatic, Not Strategic’: US, Pakistan Reset Ties Diplomats emphasize a practical realignment focused on trade and diplomacy rather than forming a formal alliance By Arshad Mehmood / The Media Line [Islamabad] Pakistan’s...
Pakistan, France sign €12m grant agreement to improve urban water, sanitation in Punjab
The Nation
·
July 5, 2025
ISLAMABAD - The Government of Pakistan and French Development Agency (AFD) have signed a grant agreement worth Euro 12 million in Ministry of Economic Affairs for a project aimed at strengthening water and sanitation service delivery across...
Azerbaijan inks pact worth USD 2 billion with Pakistan at ECO summit
Orissa Post
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July 5, 2025
Islamabad: Pakistan and Azerbaijan have signed an agreement for investment worth USD 2 billion in diverse sectors of Pakistan’s economy. The deal was signed Friday after a bilateral meeting between Prime Minister Shehbaz Sharif and President Ilham...
World News | Azerbaijan Signs USD 2 Billion Investment Agreement with Pakistan
Latestly
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July 5, 2025
Islamabad, Jul 5 (PTI) Pakistan and Azerbaijan have signed an agreement for investment worth USD 2 billion in diverse sectors of Pakistan's economy. The deal was signed on Friday after a bilateral meeting between Prime Minister Shehbaz Sharif and...
Are Karachi authorities prepared for next spell of monsoon rains?
Dawn
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July 5, 2025
KARACHI: Phrases and idioms in any language are coined primarily to relay a message that contains wisdom. In the English language, the phrase ‘a rainy day’ means a probable time when money will be needed, unexpectedly. This may also suggest that...
Azerbaijan signs $2 billion investment agreement with Pakistan
The Hindu
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July 5, 2025
Turkish President Tayyip Erdogan, Azerbaijan’s President Ilham Aliyev and Pakistan’s Prime Minister Shehbaz Sharif pose at the end of the 17th Summit of the Economic Cooperation Organization (ECO) member states, in Khankendi, Azerbaijan, on July...
‘Modi will meekly bow to Trump’: Rahul Gandhi launches attack ahead of US President’s July 9 deadline for trade deal
The Tribune (Chandigarh)
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July 5, 2025
Congress leader Rahul Gandhi on Saturday attacked Prime Minister Narendra Modi over the Indo-US trade deal, after Commerce Minister Piyush Goyal claimed that India would not enter into an agreement under deadlines. Goyal had on Friday claimed that...
Pakistan’s Sporting Future
The Nation
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July 5, 2025
Pakistan’s sporting future holds immense promise beyond cricket, with recent successes offering hope. In hockey, Pakistan reached the final of the FIH Men’s Nations Cup after years of decline. In squash, young players like Noor Zaman and Hamza...
Karachi police issue traffic plan for Muharram processions
The Nation
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July 5, 2025
KARACHI - The Karachi Traffic Police (KTP) issued a traffic plan for 8-10th Muharram, outlining the procession routes as well as alternative traffic flows. Stringent security measures are being taken across the country, such as army deployment as...
Saudi Riyal recovers against Pakistani rupee – 5 July 2025
Pakistan Observer
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July 5, 2025
KARACHI – The buying rate of Saudi Riyal (SAR) witnessed an increase against Pakistani rupee in open market on Saturday as 1 SAR stood at Rs75.71. The selling rate of Saudi Riyal also surged and hovered at Rs76.07. The Saudi riyal to Pakistani...
Gold Rates in Pakistan Today, 5 July 2025
Pakistan Observer
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July 5, 2025
KARACHI – Gold prices in Pakistan registered a decline in line with downward trend in international markets on July 5, 2025. According to the Saraffa Association, the price of 24-karat gold per tola dropped to 355,500 after it decreased by Rs1,500...
Sindh govt moves ahead with plan to roll out 1,000 electric buses in Karachi
Dawn
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July 5, 2025
KARACHI: The Sindh government is moving forward with its plan to roll out 1,000 electric buses across the city under its Peoples Green Transport Project, as Chief Minister Murad Ali Shah has given the go-ahead for engaging transaction advisers for...
Finance Act restricts IRO’s presence to business premises only
Business Recorder
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July 5, 2025
LAHORE: The Finance Act has restricted the presence of Inland Revenue Officer (IRO) to business premises only. Previously, the Bill had proposed that the Officer can be placed at the premises of the person. Tax experts have pointed out that a...