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Reforms help maritime sector earn Rs100b

[ ISLAMABAD: The maritime sector posted a record profit of Rs100 billion ($360 million) in 2025 after a year of sweeping reforms that improved port efficiency, reduced costs and cleared long-delayed policies aimed at positioning the country as a regional trade and logistics hub. It was stated by Federal Minister for Maritime Affairs Muhammad Junaid … Read more

First national SME cluster expo inaugurated

[ LAHORE: Pakistan’s first national SME cluster exhibition was inaugurated at the Expo Centre Lahore, with officials describing it as a step toward structured small business development and export readiness, as per a statement released on Saturday. The exhibition, titled “Made in Pakistan – SME Cluster Showcase Expo 2026”, was inaugurated by the Prime Minister’s … Read more

Spanish prosecutors dismiss sex abuse case against Julio Iglesias

julio iglesias photo file

Two women had alleged they suffered sexual and other forms of abuse while working at Iglesias’s properties in 2021 Julio Iglesias. Photo: file MADRID: Spanish prosecutors on Friday shelved a sex abuse and human trafficking complaint against veteran singer Julio Iglesias, saying Spain’s courts had no jurisdiction in the case. Two women — a domestic worker … Read more

Equities rally for second week in a row

Shares. PHOTO: FILE KARACHI: Pakistan’s equity market extended its bullish momentum for a second consecutive week, with the benchmark KSE-100 index closing at a fresh all-time high of 189,167, posting a 4,068-point gain (+2.2% week-on-week), as improving macro signals and policy expectations reinforced investor confidence. Market sentiment was underpinned by a combination of easing geopolitical … Read more

Pakistani, Chinese firms to upgrade peanut seeds

[ Peanuts. PHOTO: AFP ISLAMABAD: A Chinese agricultural technology firm and a Pakistani agribusiness company have entered into a partnership to introduce improved peanut seeds and build a local supply chain. Representatives of Shandong Rainbow Agricultural Technology Co and Pakistan’s Uqab Corporation said the collaboration aimed to modernise peanut cultivation, said a press release issued … Read more

US seeks to lift Venezuela oil output

[ . Venezuela oil. Photo: AFP (file) BENGALURU: The US is in talks with Chevron, other crude producers, and major oilfield service providers about a plan to quickly raise Venezuela’s crude production, Bloomberg News reported on Saturday. Officials have discussed deploying SLB, Halliburton and Baker Hughes to repair and replace outdated equipment, the report said. … Read more

Artist Iqbal Hussain passes away at age 75

pakistani artist iqbal hussain photo file

The renowned painter was known for his unfiltered portrayals of life in Lahore’s ‘Heera Mandi’ Pakistani artist Iqbal Hussain. Photo: file Pakistani artist Iqbal Hussain passed away earlier this week at the age of 75. A graduate of the National College of Arts (NCA), he was best known for his uncompromising portrayals of life in … Read more

PN evacuates ailing Sri Lankan at sea

. A boat of the Pakistan Navy evacuates a Sri Lankan citizen requiring ‘urgent medical attention’ on an Indonesian-flagged merchant vessel. Photo: Online The Pakistan Navy on Saturday successfully conducted the medical evacuation of a Sri Lankan national on the high seas, approximately 1,500 kilometres off Pakistan’s coast. A statement by the navy said that … Read more