Pakistan, Bangladesh Step Up Trade and Diplomatic Engagement Islamabad/Dhaka – Pakistan and Bangladesh are witnessing renewed momentum in their bilateral relations, with recent meetings highlighting stronger trade, economic, and diplomatic cooperation. During a session with Dhaka Chamber of Commerce and Industry (DCCI) President Taskeen Ahmed and board members, Mr. Khan noted a sharp rise in […]
Pakistan and Iran Pledge Stronger Agricultural Ties ISLAMABAD – Pakistan’s Commerce Minister Jam Kamal Khan and Iran’s Agriculture Minister Gholamreza Nouri Ghezeljeh met recently to discuss ways to boost agricultural cooperation between the two countries. Both ministers agreed to strengthen collaboration and reaffirmed their commitment to implement decisions made by the Joint Committee on Agriculture […]
ADB Backs Reko Diq Project with $410 Million Financing Islamabad — The Asian Development Bank (ADB) has approved $410 million in financing for the Reko Diq mining project in Balochistan, marking a major boost for Pakistan’s economy. The package includes two loans totaling $300 million to Barrick Gold, the mine’s operator, along with a $110 […]
SoftBank Invests in Intel, Offering Lifeline to Struggling U.S. Chipmaker In a major vote of confidence for Intel, SoftBank announced on Monday that it is making an equity investment in the once-iconic U.S. chipmaker. The move comes as Intel continues to face challenges in the fast-growing artificial intelligence chip market, after years of management missteps […]
Pakistan and Poland Discuss Energy Cooperation and Investment Opportunities Islamabad — Federal Minister for Petroleum Ali Pervaiz Malik met with Polish Ambassador to Pakistan Maciej Pisarski to discuss ways to strengthen cooperation in Pakistan’s petroleum and mineral sectors. During the meeting, both officials explored opportunities for technology transfer, joint ventures, and attracting more foreign investment […]
Remittances Boost Pakistan’s Economy as Major Overseas Workers Send More Money Home ISLAMABAD — Pakistan has kicked off the new fiscal year 2025-26 on a positive note with a significant rise in remittances, the central bank announced. The inflows mainly came from key overseas employment hubs, with Saudi Arabia leading the way, contributing $823.7 million. […]
Shares of major ether-holding companies surged as Ethereum’s native token climbed to its highest level since January. BitMine Immersion Technologies, backed by billionaire Peter Thiel and led by Fundstrat’s Tom Lee as board chairman, saw its stock rise 14% after disclosing it had amassed 300,657 ether in just three weeks. The firm now aims to […]
According to the Foreign Office, Turkish leaders arrived in Pakistan late Wednesday night. They were welcomed by Ambassador Syed Ali Asad Gillani, who is an Additional Secretary for West Asia. During their stay, they will hold meetings with top officials in Pakistan and talk about important matters that are of interest to both countries. Turkish […]
Responding to a query during the Question Hour in the National, Parliamentary Secretary Planning Development and Special Initiatives Wajiha Qamar said the port accommodates vessels of up to 50,000 DWT and possesses the requisite infrastructure to support bulk cargo and container handling efficiently. She said multiple shipments under the Afghanistan-Pakistan Transit Trade Agreement have been […]
According to the SBP, this amount will be added to the foreign exchange reserves next week. The SBP says the ADB has given this amount to deal with the impact of climate change in Pakistan. On October 29, the Asian Development Bank (ADB) approved a US$500 million policy-based loan to support climate change and disaster […]
