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Flour prices surge despite wheat harvest in Punjab
LAHORE: (Web Desk) - Despite the ongoing wheat harvest in Punjab, flour prices have witnessed a sharp increase, with private companies charging significantly higher rates under branded packaging.
Reports indicate that branded…
Pakistan Finally Repays $2 Billion Loan to UAE
ISLAMABAD: (Web Desk) - Pakistan has repaid $2 billion to the United Arab Emirates after returning funds that had been placed as a State Administration of Foreign Exchange (SAFE) deposit with the State Bank of Pakistan (SBP), the central…
Pakistan nears IMF tranche as recovery gains momentum
ISLAMABAD: (Web Desk) - Federal Finance Minister Muhammad Aurangzeb has said that Pakistan has reached a staff-level agreement with the International Monetary Fund, adding that formal approval from its Executive Board is expected shortly,…
Iran partially reopens airspace after 50 days closure
Tehran (Web Desk) — Iran has partially reopened its airspace after nearly 50 days, allowing operations to resume at several key airports across the country.
According to local media reports, flight operations have restarted…
SBP Reserves Expected to Gain $2.5 Billion Next Week
ISLAMABAD: (Web Desk) - Forex reserves held by the State Bank of Pakistan are expected to rise by $2.5 billion next week after securing $2 billion from Saudi Arabia a day earlier and raising an additional $500 million through a Eurobond…
Oil Prices Fall After Iran Reopens Key Strait
ISLAMABAD: (Web Desk) - Global oil prices dropped sharply on Friday after Iran announced it would reopen the Strait of Hormuz to commercial shipping, easing fears of prolonged supply disruptions and boosting stock markets…
Pakistan, UK Launch Geoscience Initiative to Boost Mineral Sector
Islamabad-(News Desk)-Federal Minister for Petroleum Ali Pervaiz Malik jointly launched, along with British High Commissioner to Pakistan H.E. Jane Marriott, a capacity-building initiative aimed at strengthening Pakistan’s…
Trump thanks Iran for opening Strait of Hormuz
Washington: (Web Desk) - US President Donald Trump said he appreciates Iran’s decision to fully reopen the Strait of Hormuz, describing it as a positive step for global maritime trade.
In a statement posted on Truth Social, Trump said Iran…
Ahsan Iqbal Urges Science-Based Climate Planning for Balochistan
ISLAMABAD: (Web Desk)- Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal has called for urgent, science-based strategies to strengthen climate resilience in Balochistan, speaking at an IFRAP technical workshop…
