Pakistan, Kazakhstan eye $1b trade target

[ ISLAMABAD: Pakistan and Kazakhstan on Tuesday pledged to transform their historic and cultural ties into a broad-based economic partnership, with both sides agreeing to enhance trade, industrial cooperation, and regional connectivity. As per an official statement, the understanding was reached during a meeting in Islamabad between Federal Minister for Commerce Jam Kamal Khan and … Read more

US explores investment in Pakistan’s ports

[ ISLAMABAD: A US delegation visited the Ministry of Maritime Affairs on Tuesday, where it was briefed on Pakistan’s ports, operational capacity, business models, and maritime connectivity. Federal Secretary Syed Zafar Ali Shah received the delegation, according to an official statement. The delegation was told Karachi Port operates three private container terminals, one bulk terminal, … Read more

Urbanisation is a ‘bird-en’ that Karachi cannot sustain much longer

urbanisation

KARACHI: Karachi was once described as one of the world’s great coastal metropolises, a city where nearly a hundred species of native birds could be found. Kingfishers perched near mangroves, sparrows flocked in backyards, and herons moved gracefully across wetlands. For older residents, these sightings were unremarkable, part of the city’s natural rhythm. But today, … Read more

Lyles leads US medal charge in Tokyo, Kipyegon eyes fourth title

TOKYO: Noah Lyles and Sydney McLaughlin-Levrone lead the US medal charge at the world championships in Tokyo that get under way on Saturday while Armand Duplantis is expected to cement his legacy as the greatest pole vaulter in history. They will be followed by some of the sport’s biggest names  — Faith Kipyegon, Karsten Warholm … Read more

WHO backs weight-loss drugs

PARIS: The World Health Organization recommended a range of blockbuster weight-loss drugs to treat diabetes and obesity globally for the first time on Friday, calling for cheap generic versions to be made available for people in developing countries. The new generation of appetite-suppressing drugs called GLP-1 agonists — which include the brands Ozempic, Wegovy and Mounjaro … Read more

$12m fishmeal plant planned in Gwadar

[ BEIJING: MAYCOM Group and Pakistan’s TECNO Group have formalised a joint venture to build a fishmeal processing plant at Gwadar Port with a planned investment of $12 million. The agreement was signed at the 2nd China-Pakistan B2B Investment Conference in Beijing and includes a procurement deal for 10,000 tonnes of Pakistani sesame. Under the … Read more