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Pipeline alternatives, including routes via Türkiye, gain relevance amid Strait of Hormuz concerns

Rising tensions in region have caused disruptions in Strait of Hormuz, which handles around 20% of global oil trade A cargo ship in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli conflict with Iran, in United Arab Emirates, March 11, … Read more

Microsoft to invest $10b in Japan

[ TOKYO: Microsoft on Friday said it will invest 1.6 trillion yen ($10 billion) in Japan between 2026 and 2029 to expand artificial intelligence (AI) infrastructure and strengthen cybersecurity cooperation with the government. The investment includes the training of 1 million engineers and developers by 2030, Microsoft said, which was unveiled during a visit to … Read more

SPI nears double-digit YoY spike

[Inflationary pressures in Pakistan intensified further, with the Sensitive Price Indicator (SPI) recording a sharp 9.12% year-on-year (YoY) increase, reflecting the deepening impact of rising energy costs induced by the Israel-US war on Iran. According to the latest weekly report issued by the Pakistan Bureau of Statistics (PBS), inflation rose by 1.01% week-on-week (WoW) for … Read more

Karachi ceremony honours Urdu poet Dr Noor Amrohvi

tribune

KARACHI: In Karachi, the Arts Council of Pakistan Karachi hosted a ceremony celebrating the life and work of US-based poet Dr Noor Amrohvi, recognising his contributions to literature and cross-cultural engagement. The event, held at Haseena Moin Hall in collaboration with Sakinan-e-Shehr-e-Quaid, brought together literary figures, community leaders, and admirers. Muhammad Ahmed Shah attended as … Read more

Saggian zone demands industrial status

[ Minister directs resolution of conversion fees issue via stakeholder consultation LAHORE: Provincial Minister for Industries and Commerce Chaudhry Shafay Hussain has assured industrialists that their genuine issues would be addressed on a priority basis, particularly the demand to abolish conversion fees imposed by the Ravi Urban Development Authority (Ruda) in Saggian Industrial Area. The … Read more

Govt takes sting out of fuel price surge

PM announces cut in petrol price by Rs80 Rs129b deployed to cushion inflation blow Relief package targets commut Prime Minister Shehbaz Sharif. SCREENGRAB ISLAMABAD: In a surprise announcement, Prime Minister Shehbaz Sharif on Friday ordered an immediate Rs80 per litre reduction in the petroleum levy, bringing petrol prices down from Rs458 to Rs378 per litre … Read more

6.1-magnitude quake rattles K-P, Islamabad

ISLAMABAD: An earthquake measuring 6.2 on the Richter scale jolted the twin cities and parts of Khyber-Pakhtunkhwa and Punjab on Friday, according to the Pakistan Meteorological Department (PMD). A statement from the Pakistan Meteorological Department said the quake occurred at 9:13pm at a depth of 190 kilometres with the epicentre in Afghanistan’s Hindu Kush region. … Read more