15 h. ago Exchange companies contribute $5 billion in remittances during FY2024

Foreign currency exchange companies in Pakistan contributed nearly $5 billion in remittances during the fiscal year 2024–25, marking a growing role in stabilizing the currency market. In June alone, they sold around $450 million to banks, according to the Exchange Companies Association of Pakistan (ECAP). ECAP Secretary General Zafar Paracha praised the State Bank of […]

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34 h. ago Rare Deer slaughtered in Islamabad’s Margalla Hills, prompting police action

ISLAMABAD – A viral video of slaughter of rare deer species sparked public outrage and authorities in capital launched investigation

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34 h. ago Chinese, Ghanaian FMs exchange congratulations on 65th anniversary of ties

BEIJING: Chinese Foreign Minister Wang Yi on Saturday exchanged congratulations with his Ghanaian counterpart, Samuel Okudzeto Ablakwa, on the 65th anniversary of diplomatic ties between the two countries. Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, noted that Ghana was one of the first sub-Saharan African countries […]

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34 h. ago China, France should act as forces for stability, openness, inclusiveness, unity: Chinese FM

BEIJING: Chinese Foreign Minister Wang Yi has called on China and France to act as forces for stability, openness, inclusiveness and unity. Wang Yi, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks during a joint press conference with his French counterpart, Jean-Noel Barrot. Wang said […]

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42 h. ago Yusuf Baloch: “Shelter arranged for Lyari victims in hotels”

In Karachi’s Lyari area, a five-storey residential building in Baghdadi collapsed suddenly, killing at least 16 people and injuring others. The tragic incident has left many families homeless and shocked the local community. According to MPA Yusuf Baloch, displaced residents are being temporarily housed in nearby hotels. He stated that the Sindh government is coordinating […]

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43 h. ago China warns EU: Russia’s defeat in Ukraine is unacceptable, citing U.S. threat

China has privately warned the European Union that it cannot allow Russia to lose the Ukraine war, according to an official briefed on the meeting. Chinese Foreign Minister Wang Yi made this clear during a four-hour talk with EU foreign policy chief Kaja Kallas in Brussels. He expressed concern that Russia’s defeat would allow the […]

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49 h. ago Legal experts and allies criticize speaker’s move to disqualify MPAs

LAHORE: Government allies, along with legal and political experts, have questioned the validity of the Punjab Assembly speaker’s move to file a reference seeking the disqualification of 26 PTI/SIC lawmakers for their conduct during a session. Critics have called the reference an overreaction and lacking legal grounds. The reference, reportedly submitted to the Election Commission […]

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52 h. ago No bar on extraditing ‘individuals of concern’ if India cooperates, says Bilawal

PPP Chairman and former foreign minister Bilawal Bhutto Zardari on Friday said Pakistan had no objection to extraditing “individuals of concern” to India as a confidence-building measure, as long as New Delhi showed willingness to cooperate in the process. Ties between Pakistan and India have remained tense, further strained after New Delhi, without presenting evidence, […]

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53 h. ago Bilawal says ‘Islamabad may opt’ for extraditing ‘individuals of concern’ if India cooperates

PPP chairman expresses concern about India’s vow to pursue terrorists, calling it a ‘new abnormal’ ISLAMABAD: PPP Chairman and former foreign minister Bilawal Bhutto Zardari on Friday said Pakistan had no objection to extraditing “individuals of concern” to India as a confidence-building measure (CBM), as long as New Delhi showed willingness to cooperate in the […]

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56 h. ago 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 Corporation (CRBC) and the Asian Infrastructure Investment Bank (AIIB). During talks with CRBC Chairman Du Fei, the minister presented […]

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57 h. ago Syria willing to work with US to restore 1974 truce deal with Israel

Syria has expressed readiness to cooperate with the United States to reinstate the 1974 disengagement agreement with Israel, according to a statement issued after a call between Syrian Foreign Minister Asad Al-Shibani and his American counterpart Marco Rubio. The development comes as Washington intensifies efforts to mediate peace between Syria and Israel. Last week, US […]

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57 h. ago China reassures Europe on rare earth supply amid export controls

BEIJING: Chinese Foreign Minister Wang Yi said on Thursday that rare earth exports have never been and should not become an issue between China and Europe. Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks during a press conference with German Foreign Minister Johann Wadephul […]

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58 h. ago Pakistan, Iran FMs discuss current developments in region at ECO Summit

ISLAMABAD: Deputy Prime Minister and Foreign Minister Senator Ishaq Dar on Friday met Iranian Foreign Minister Seyed Abbas Araghchi, where they discussed the current status and developments in the region. The meeting took place on the sidelines of the 17th ECO Summit in Khankendi, Azerbaijan. During the discussions, the two leaders agreed to keep each […]

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62 h. ago FIA summons 15 CDA officers in Rs297 million corruption probe

The Federal Investigation Agency (FIA) has summoned 15 officers of the Capital Development Authority (CDA) in connection with a corruption case involving nearly Rs297 million. The FIA’s Corporate Crime Circle issued a second notice on Friday, intensifying its ongoing investigation. According to the official notification, the inquiry is registered under case number 49/2022 and is […]

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63 h. ago Pakistan opens mining sector to US, China & Russia with equal bidding rights

In a major policy shift aimed at attracting global investment, Pakistan has invited companies from the United States, China, and Russia to bid for multibillion-dollar mining contracts, including the high-profile Reko Diq gold and copper project. The government is promoting an “open-handed policy” that ensures equal opportunity for all foreign investors, regardless of geopolitical alignments. […]

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66 h. ago Russia becomes first nation to officially recognize Taliban government

In a landmark move, Russia has become the first country to officially recognize the Taliban-led government in Afghanistan, calling it a step toward stronger bilateral cooperation. The announcement came after a meeting between Afghanistan’s Foreign Minister Amir Khan Muttaqi and Russian Ambassador Dmitry Zhirnov in Kabul. The Taliban praised the decision as “brave” and a […]

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67 h. ago PSX hits record high as investor confidence grows amid rising reserves

The Pakistan Stock Exchange (PSX) maintained its bullish trend on Friday, with the KSE-100 index crossing the 131,000 mark for the first time in history. During intraday trading, the index surged by 593.89 points, reaching 131,280.54 — a gain of 0.45 percent. This rise reflects growing investor confidence, fueled by strong foreign exchange reserves and […]

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3 d. ago NAB launches probe into alleged corruption and illegal recruitments at SPSC

KARACHI: The National Accountability Bureau (NAB) has initiated a formal investigation into the alleged illegal recruitments and corruption within the Sindh Public Service Commission (SPSC). The investigation specifically targets former Chairman Noor Muhammad Jadmani and 15 other officials for their involvement in irregular hiring practices, claims of favoritism, and misuse of authority. According to NAB […]

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3 d. ago State Bank of Pakistan’s foreign reserves jump by $3.663 billion

KARACHI – Pakistan’s liquid foreign reserves stood at $18,091.1 million as of June 27, 2025. According to the data shared

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3 d. ago France urges Iran to release detained couple held for over three years

PARIS – The French government has demanded the immediate release of Cecile Kohler and Jacques Paris, two French citizens who have been imprisoned in Iran for more than three years. Officials in Paris say the case against the couple is baseless and politically motivated. French Foreign Minister Jean-Noel Barrot stated that the couple’s detention is […]

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