Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Pakistan Business Times.

Trump gets selected for Nobel Peace Prize
(MENAFN) U.S. President Donald Trump has been nominated for the Nobel Peace Prize by Congressman Earl “Buddy” Carter, who credited Trump with helping to broker a ceasefire between Israel and Iran after nearly two weeks of escalating conflict. The...

Head of the Criminal Division Matthew R. Galeotti Announces Results of Health Care Fraud Takedown
Good morning. Thank you all for joining us today as we announce the largest coordinated health care fraud takedown in the history of the Department of Justice. Today marks a decisive moment in our fight to protect American taxpayers from...

Large Wave of Afghan Refugee Families Head Back Home
(MENAFN) On Monday alone, roughly 1,500 Afghan refugee families made their way back to Afghanistan from neighboring Pakistan and Iran, a news agency reported Tuesday. According to the state-run outlet, "A total of 1,469 Afghan refugee families...

European Medicines Agency Recommends Market Approval of AVT06, Alvotech’s Proposed Biosimilar to Eylea® (aflibercept)
REYKJAVIK, Iceland and LONDON, June 23, 2025 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide and Advanz Pharma, a UK headquartered...

Ayurvedic Herbs Market Growth is Projected to Reach $21.6 Billion by 2028
Ayurvedic herbs market size was valued at $9.5 billion in 2020 and is anticipated to reach $21.6 billion by 2028, with a CAGR of 10.8% WILMINGTON, DE, UNITED STATES, June 27, 2025 /EINPresswire.com/ -- The market is expected to exhibit an...

Estheticare Expands Internationally, Offers Personalized Skin and Dermatology Care to a Growing Global Clientele
Your skin deserves the best. Transform your skin with expert care at Islamabad’s skin and dermatology clinic. Trusted and safe treatments await you. ISLAMABAD, ISLAMABAD, PAKISTAN, June 17, 2025 /EINPresswire.com/ -- Estheticare, a skin and...

Institute of Regional Studies: Field Marshal Visits U.S. to Reinforce Role as Regional Stabilizer
ISLAMABAD, June 17, 2025 (GLOBE NEWSWIRE) -- Pakistan’s Chief of Army Staff, Field Marshal Syed Asim Munir, commenced a high-level visit to the United States this week, signalling a renewed chapter in military diplomacy amid escalating tensions...

Erdogan hosts Qatari PM, head of UN agency for Palestinian refugees
(MENAFN) Turkish President Recep Tayyip Erdogan held meetings on Saturday in Istanbul with key international figures, including the UN Alliance of Civilizations High Representative, the Qatari Prime Minister, the head of the UN agency for...

Services Council spotlights good regulatory practices, advances discussions on other issues
On 10 June, members also participated in an event under the “Simply Services” series, which serves as an informal platform for sharing the latest developments in trade in services (see below). Thematic session on good regulatory practices An...

Global Supply Chains Face Rising Congestion, Tariff Uncertainty, and Capacity Shifts, Per Dimerco’s July Freight Report
Tariffs, congestion, and shifting demand are straining global freight. Dimerco’s July report points to key capacity and rate challenges. TAIPEI, TAIWAN, July 1, 2025 /EINPresswire.com/ -- Dimerco Express Group's July 2025 Asia-Pacific Freight...

Indian Minister Says Indus Water Treaty “Will Never Be Restored”
(MENAFN) India’s Home Minister Amit Shah declared that the Indus Water Treaty with Pakistan “will never be restored,” signaling a firm break in the decades-old water-sharing pact. In an interview with a news agency published Saturday, Shah stated,...

Davis Commodities Eyes USD 100M Revenue Surge in Sugar Trading Amid Global Market Expansion
SINGAPORE, June 23, 2025 (GLOBE NEWSWIRE) -- Davis Commodities Limited (Nasdaq: DTCK), a premier Singapore-based trader of agricultural commodities, has announced an ambitious expansion across Africa, Asia, and the Middle East, driven by surging...

India remains affected by aftermath of Operation Sindoor
(MENAFN) India remains affected by the aftermath of Operation Sindoor, where it witnessed China providing significant support to Pakistan through military hardware, intelligence, command, control, and shaping global narratives. India and China...

Trump gets nominated for Nobel Peace Prize for Iran-Israel truce
(MENAFN) President Donald Trump has been nominated for the Nobel Peace Prize by a U.S. lawmaker, who credited him with helping secure a ceasefire between Iran and Israel following nearly two weeks of escalating conflict. The nomination comes...

CPABC announces Board of Directors 2025/2026
VANCOUVER, British Columbia, June 23, 2025 (GLOBE NEWSWIRE) -- The Chartered Professional Accountants of British Columbia (CPABC) held its 10th Annual General Meeting on Friday, June 20, 2025 and announced its Board of Directors for fiscal year...

Strait of Hormuz Traffic Persists Despite Escalating Israel-Iran Tensions
(MENAFN) Vessel movement through the Strait of Hormuz remains largely uninterrupted despite escalating attacks by Israel on Iran, though six tankers have reportedly executed U-turns to avoid the crucial shipping lane. Ismail Kowsari, a member of...

Iranian President Signals Readiness for US Talks
(MENAFN) Iranian President Masoud Pezeshkian expressed his nation's willingness to resolve conflicts with the United States within the framework of international agreements. On Tuesday, Iranian state television reported that Pezeshkian engaged in...

Modi tells Trump India ‘will never accept’ third-party mediation on Kashmir
(MENAFN) Indian Prime Minister Narendra Modi firmly told U.S. President Donald Trump that India will never accept third-party mediation in its dispute with Pakistan over Jammu and Kashmir. The statement came during a 35-minute phone call on...

Field Marshal Asim Munir’s U.S. Visit Marks Strategic Milestone Amid Regional Escalation
WASHINGTON, June 17, 2025 (GLOBE NEWSWIRE) -- The following is a statement by the Ministry of Information & Broadcasting, Pakistan: In a high-level visit of considerable diplomatic significance, Field Marshal Syed Asim Munir, Chief of Army Staff...

China Cycle Releases 2025 International Bicycle Exhibition Analysis Report
SHANGHAI, June 18, 2025 (GLOBE NEWSWIRE) -- The 33rd China International Bicycle Fair (CHINA CYCLE 2025 in abbreviation), with the theme “New Quality Productivity for the Shared Future”, has been grandly held from May 5th to 8th, 2025 at Shanghai...