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New state of the art road tunnel has been opened for traffic. This tunnel will compliment millions of tourists & locals. China Energy Group MD says 884MW project will be completed by mid-2024 ISLAMABAD: The Pakistan Managing Director of China Energy International Group, Wang Huihua, has...

Agreement will help promote economic cooperation ISLAMABAD: Tax officials of Pakistan and Germany met recently to re-negotiate the bilateral agreement on avoidance of double taxation. The agreement needs to be revised to cater to the changing tax rules and regulations as per international and...

ISLAMABAD: While it remains too early to assert definitively, several indicators suggest that Pakistan’s economy may have weathered the worst of its recent challenges. There were serious concerns that due to the IMF’s push for easing import controls and letting the exchange rate float, the...

Russian Embassy says delivery was made through Iran's Sarakhs Special Economic Zone. PHOTO: TWITTER/@RusEmbPakistan Russia on Tuesday delivered the first batch of liquefied petroleum gas (LPG) in the amount of 100,000 metric tonnes to Pakistan. On its official X handle, the Russian Embassy...

Pakistan and China have reportedly reached a consensus to revise the cost of the Mainline-1 (ML-1) project to approximately $6.6 billion, with an amended project design slated for submission to Pakistan by October 31. ML-1 comprises a 1,872-kilometer railway track connecting Karachi to Peshawar...

LONDON: Gurpatwant Singh Pannun, the leader of Sikhs For Justice (SFJ), has firmly stated that India's recent attempts to suppress him through asset seizures in Punjab, India, and false allegations will not deter the Khalistan Referendum movement. This movement has continued to gather momentum...

ISLAMABAD: Pakistan is seeking up to $6 billion investment from Saudi Arabia, the United Arab Emirates (UAE), Qatar and Bahrain over the next three to five years for corporate farming, with the aim of cultivating 1.5 million acres of previously unfarmed land and mechanizing existing 50 million...

TEHRAN (Tasnim) – Iranian President Ebrahim Raisi called for innovative initiatives for the development of ties with Pakistan, saying the amicable relations between the two neighbors remain unaffected by the international developments. The Iranian president held a meeting with Prime Minister of...

Foreign Secretary Syrus Qazi has said that Pakistan was not “surprised” by Canada’s revelations that the Indian government was involved in the killing of Sikh leader Hardeep Singh Nijjar in British Columbia in June this year. Qazi, who is accompanying caretaker Prime Minister Anwaar-ul-Haq...

Turkish President Recep Tayyip Erdogan raised the issue of Kashmir during his address to world leaders at the high-level 78th session of the UN General Assembly session at the United Nations. "Another development that will pave the way for regional peace, stability and prosperity in South Asia...

The United States Mission to Pakistan on Tuesday said it was taking measures to bring down the visa appointment wait time for Pakistanis while the demand for US visas was the highest it had ever been. “More than 10,000 Pakistani visa applicants originally scheduled for 2024 at the US Consulate...

The Federal Republic of Somalia has launched a national identification system with the support of NADRA Pakistan, a milestone for the ID4Africa movement, which aims to provide all Africans with a digital identity by 2030, ARY News reported. As per details, Somali Prime Minister Hamza Abdi Barre...

ISLAMABAD: A Chinese electric car manufacturing company has announced establishing an electric vehicle (EV) plant in Pakistan and chain of showrooms in major cities of the country. This announcement was made by a delegation of XinjianJingyi Cheng Group, led by its assistant chairman GU...

Interim Finance Minister Shamshad Akhtar said on Friday there were “some signs” of economic recovery “even if they were just starting”. Addressing a press conference in Islamabad alongside other federal ministers, she said that while the interim set-up had inherited a set of challenges after...

ISLAMABAD: Caretaker Minister of Information Technology and Telecommunication Dr Umar Saif has exhorted Pakistani diaspora to come and unlock the country’s investment potential as well as extended all-out support for the “Investment in Pakistan” conference to be held in the US in November this...

ISLAMABAD: Caretaker Federal Minister of Energy, Muhammed Ali, and Ambassador of Denmark to Pakistan, Jakob Linulf, met on Thursday to discuss potential collaborations in green energy initiatives and energy conservation in Pakistan. They delved into projects and initiatives under the Danish...

KARACHI/PESHAWAR: When the military was called on to help defend the ailing rupee, licenced foreign exchange traders cheered while their black market rivals in the bazaars of Peshawar, Karachi and other cities shuttered their shops before they got taken away. The campaign against the informal...

An Iranian daily has sounded the alarm regarding the potential danger posed by the Taliban along Iran's borders reflecting concerns in Tehran. Jomhouri-e Eslami newspaper wrote of the critical need to address the issue, highlighting the risks posed to both the eastern regions of Iran and the...

Pakistan and Iran have many cultural, linguistic and historical ties, as well as geographical linkages and economic potential. They are in the same region and share a 909-kilometre border. They are both rich in natural resources with enormous economic potential, key geostrategic locations with...

Islamabad: /DNA/ – A delegation of German companies led by Muhammad Usman, Country Representative for Pakistan of German Chambers of Commerce Abroad visited Islamabad Chamber of Commerce & Industry (ICCI) and showed interest for joint ventures and investment in Pakistan in areas of their...