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Trump vows to retaliate IS attack

. US President Donald Trump speaks during the ASEAN-US Summit in Kuala Lumpur, Malaysia, October 26, 2025. PHOTO: REUTERS DAMASCUS: Two American troops and a civilian interpreter were killed in central Syria on Saturday after an alleged member of the Islamic State group opened fire on a joint US-Syrian patrol, officials said. US CENTCOM announced … Read more

Circular debt blocks $1b gas field investment

[ Mari Energies warns Ghazi Ghaisakhori development cannot proceed without assured offtake, timely payments ISLAMABAD: The circular debt has deteriorated the financial position of oil and gas exploration companies, leaving them unable to invest in exploration activities. Additionally, the companies have been facing cash flow problems as gas is curtailed due to LNG imports that … Read more

Gems sector seeks value-addition

[ LAHORE: Calls are growing for the government to establish dedicated value-addition zones and marble parks to transform Pakistan’s gemstone and marble industry, which remains largely informal despite its significant natural wealth. Industry representatives warn that without modern processing facilities, freight relief, and long-term export-focused reforms, Pakistan will continue to lose billions in potential revenue … Read more

Industries demand urgent revival of rail freight

[ Transporter strike paralyses cargo, SAI warns of rising port charges, missed deadlines KARACHI: The SITE Association of Industry (SAI) has urgently called for the immediate launch of railway freight services, citing the worsening crisis caused by the ongoing strikes of goods transporters, which, according to SAI President Ahmed Azeem Alvi, have severely disrupted road … Read more

Asif claims Faiz engineered Imran’s power grab

SIALKOT: Defence Minister Khawaja Asif on Saturday directly linked former ISI chief Faiz Hameed to the removal of Nawaz Sharif from office in 2017, accusing the ex-spymaster of orchestrating a long-running political project that culminated in Imran Khan’s rise to power and inflicted “significant damage” on the country. Sharpening his tone days after the rare … Read more

IMF inflows drive PSX to record close

[ Foreign funds would divert their liquidity into buying Pakistan’s stocks. This would merely increases prices of shares and be profitable for those who already hold stocks. PHOTO: FILE KARACHI: Pakistan’s benchmark KSE-100 Index soared to a fresh all-time high of 169,964.52 points, gaining 1.66% week-on-week to close at 169,865, fuelled by the International Monetary … Read more

NJPMC lauds steps to curb enforced disappearances

. Chief Justice of Pakistan Yahya Afridi chairs the 56th meeting of the NJPMC in Islamabad. Photo: PPI ISLAMABAD: The National Judicial Policy Making Committee (NJPMC) has appreciated the government’s “effective steps” to address the issue of enforced disappearances. Attorney General for Pakistan (AGP) Mansoor Awan will present a comprehensive mechanism at the next meeting … Read more