Another Day of Extreme Heat Bakes Europe, but Relief Is on the Horizon
Friday is delivering another day of near record heat to the continent, but toward the end of the weekend temperatures could retreat to seasonal averages.
Robertson stars on as Scotland beat Canada
Scotland posted 347 for seven after captain Richie Berrington struck his seventh ODI century, setting Canada a daunting target at Forthill. The hosts then bowled out Canada for 177 to close their League 2 campaign at the top of the standings. Robertson, 23, was the standout performer with the ball, finishing with six for 52 … Read more
‘This was my World Cup,’ says Omar Artan after UEFA Super Cup
PARIS: Somali referee Omar Artan described taking charge of Wednesday’s UEFA Super Cup between Paris Saint-Germain and Aston Villa in Salzburg as his “World Cup”. The 34-year-old was denied the chance to referee at the World Cup itself after being refused entry to the United States. He was turned away on arrival at Miami International … Read more
FX reserves edge up to $22.5b
[ KARACHI: Pakistan’s total liquid foreign exchange reserves increased by $23.7 million during the week ended August 7, 2026, reaching $22,498.3 million, according to data released by the State Bank of Pakistan. Foreign reserves held by the central bank rose by $14 million to $17,057 million. Net foreign reserves held by commercial banks increased by … Read more
Exporters urge govt to address cost pressures
[ Apparel sector becomes uncompetitive due to fuel price uncertainty, costly power and gas LAHORE: The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) has urged the government to take immediate measures to address the growing cost pressures and logistics disruptions affecting Pakistan’s export-oriented apparel sector. In a statement, PRGMEA North Zone Chairman Imran Salahuddin … Read more
Govt mulls tokenisation of real estate, other assets
[ Pakistan Finance Minister Muhammad Aurangzeb. Photo: Reuters/ File ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb met Pakistan Digital Authority (PDA) Chairperson Dr Sohail Munir to discuss digital transformation, digital finance and measures to improve access to finance through technology, a statement from the Ministry of Finance said on Thursday. Aurangzeb emphasised … Read more
Turkey lays out plans for Makkah pact
ANKARA: Turkey, Saudi Arabia and Pakistan will group senior ministers, hold joint exercises and deepen defence industry cooperation under a military pact signed between the regional powers last week, Turkey’s defence ministry said on Thursday. The three US allies, alarmed by a regional conflagration that has brought Iranian missile fire onto Gulf oil exporters, signed … Read more
PSX ends with mild losses, lacks triggers
[ KARACHI: The benchmark KSE-100 index closed over 200 points lower at the Pakistan Stock Exchange (PSX) on Thursday as the market remained largely range bound amid a lack of fresh positive triggers. The index shed 0.73% for the week. Market breadth remained weak, with more stocks declining than advancing. At the close of trading, … Read more
Leghari launches innovation programme
[ Leghari invited young Pakistanis to submit their ideas through the Innovation Hub digital platform Minister for Power Sardar Ayaz Leghari addresses a press conference. SCREENGRAB/ File ISLAMABAD: The Ministry of Energy (Power Division) has officially launched Pakistan’s first National Power Sector Innovation Programme, with Innovation Hub serving as the programme’s dedicated digital platform, an … Read more
US to impose ‘unprecedented’ measures on Iran, Treasury secretary says
War secretary says US military has capability to maintain a naval presence in region to enforce its blockade of Iran US Treasury Secretary Scott Bessent attends a media interview at the White House in Washington, DC on July 30, 2026. PHOTO: REUTERS US Treasury Secretary Scott Bessent said on Thursday that the United States is going … Read more