Gwadar Port Booms Amid US-Iran Tensions, Reaches 30% Capacity
Gwadar Port's utilisation rises to 30% amid Middle East war, with tariff cuts and new trade routes boosting activity. Pakistan aims to make it a regional hub.
Gwadar Port's utilisation rises to 30% amid Middle East war, with tariff cuts and new trade routes boosting activity. Pakistan aims to make it a regional hub.
DBS Group announces plans to open 18 new wealth centres across Asia by 2027 and upgrade 36 existing ones, targeting the region's growing affluent population.
Karachi Port Trust recovers 230 acres of land, allocates via transparent tenders, and implements reforms to transform the port into a modern transshipment hub, boosting business and efficiency.
Public-sector universities in Sindh, including Dawood University and Benazir Bhutto Shaheed University, have implemented an 85% increase in House Ceiling Allowance, providing financial relief to staff amid rising living costs.
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RecommendedJoshua Johnson, linked to Bricks & Minifigs, is at the center of a controversy over a $200,000 LEGO collection. YouTuber Reckless Ben's investigation led to legal issues and online debate.
Amid ongoing Middle East tensions, Angola has committed to prioritising crude oil exports to South Korea, ensuring stable energy supplies and strengthening bilateral economic ties.
Sindh CM Murad Ali Shah assures a fair tax regime for the insurance sector, aiming to boost investment and economic growth in the province.
Pakistan's exports to the US have increased, reducing the goods trade deficit. The trade gap narrowed by 12% in 2024, reflecting stronger export performance.
Universities are increasingly treating education as a commercial product, turning students into consumers and weakening academic standards. This shift threatens intellectual growth, devalues grades, and widens social inequality.
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RecommendedThe Jonas Brothers' family-run Italian restaurant in Las Vegas has permanently closed, marking the end of their culinary venture in Sin City.
Toshifumi Suzuki, the visionary founder of 7-Eleven Japan, passed away at 93. He revolutionized convenience stores in Japan and globally.
The European Union is preparing to impose a significant fine on Google, potentially reaching a high triple-digit million euro amount, over alleged antitrust violations.
Punjab Industrial Estates Company approves an industrial estate along Rawalpindi Ring Road, replacing earlier plans for an economic zone due to IMF constraints.
New Town Police in Rawalpindi recover four stolen vehicles after interrogating a car lifter arrested in an injured condition following an exchange of fire.
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RecommendedStandard Chartered CEO Bill Winters apologizes after calling employees vulnerable to AI replacement 'lower value human capital', sparking backlash.
Net migration to the UK fell by 171,000 in 2025, reaching about half of the 2024 figure, according to official data. The decline is attributed to stricter visa rules and policy changes.
A newly opened stretch of Karachi's Red Line project on University Road has developed depressions and raised manhole covers, sparking safety concerns and public outrage over poor construction.
China has confirmed the purchase of 200 Boeing jets from the US, a major trade deal that could ease tensions between the two nations.
Pakistan invites bids to privatise FESCO, GEPCO, and IESCO, selling 51-100% shares to reduce circular debt and attract investment.
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RecommendedNational Bank of Pakistan secures 7 Best Practice Awards at Global Diversity, Equity and Inclusion Benchmarks Awards 2026, recognizing its commitment to diversity and inclusion.
The United States has dropped all civil and criminal cases against the Adani Group, marking a significant legal victory for the Indian conglomerate.
A suspected drug lord known as the 'cocaine queenpin' has been remanded to police custody for further investigation into a major narcotics network.
A federal jury awarded $49.5 million to the family of Samya Stumo, a 24-year-old nonprofit worker killed in the 2019 Ethiopian Airlines 737 Max crash.
Jonas Lauwiner, a 31-year-old Swiss-Moroccan, declared himself King of Switzerland after acquiring 150 plots of land, creating a symbolic empire under Swiss law.
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RecommendedPakistan's cabinet committee approved the sale of 51-100% stakes in IESCO, GEPCO, and FESCO to reform the power sector under an IMF-backed program.
The Saudi Fund for Development has provided financial support to Sudan, Cameroon, Oman, and Palau in 2026, funding water, infrastructure, and economic projects despite global tensions.
India is negotiating with Saudi Arabia to secure fertilizer supplies as the Strait of Hormuz closure disrupts imports amid the US-Israeli war on Iran.
Finance Minister Muhammad Aurangzeb announces Pakistan's successful debut Panda Bond issuance of CNY 1.75 billion, calling it a historic milestone in bilateral economic ties with China.
Indian billionaire Gautam Adani has agreed to pay a multi-million dollar penalty in a US court case over alleged bribery and fraud charges.
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RecommendedThe Anti-Narcotics Force conducted seven operations across Pakistan, arresting seven suspects and recovering 42.37 kg of narcotics valued at over Rs 22.5 million, including drugs intended for students.