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US banks on high alerts for cyberattacks as Iran war escalates

. Todd Klessman, managing director for financial services, cyber and technology at industry group Securities Industry and Financial Markets Association (SIFMA). WASHINGTON: The US financial services industry is on heightened alert for potential cyberattacks amid the unfolding US war in Iran, with firms stepping up monitoring for threats that often rise during periods of geopolitical … Read more

Pak aviation sector suffers Rs20b loss so far

. ISLAMABAD: Air travel to and from Pakistan remained severely disrupted for the fifth consecutive day due to airspace closures linked to tensions and hostilities involving Iran, the United States and Israel. Since February 28, Pakistani and foreign airlines have been forced to cancel 578 flights due to airspace closures in several Gulf countries, causing … Read more

Saudi Arabia pledges oil supply security

[ Assures Pakistan of meeting energy needs; govt mulls shifting to weekly fuel price revisions A cargo ship boat model is seen in front of “Red Sea” words in this illustration taken January 9, 2024. PHOTO: REUTERS ISLAMABAD: Saudi Arabia has assured Pakistan of oil supply security through the Port of Yanbu on the Red … Read more

FinMin reviews Engro-Vopak terminal operations

[ Dutch envoy, Engro delegation discuss investment climate, regional energy supply risks ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb met Robert Jan Siegert, Ambassador of the Kingdom of the Netherlands to Pakistan, along with a delegation from Engro Corporation and Engro Vopak Terminal Limited (EVTL), to discuss bilateral economic cooperation and the operations … Read more

Aid to Gaza falls even as Israeli strikes ease

. Displaced Palestinians wait to receive United Nations Relief and Works Agency (UNRWA) aid, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, in Rafah, in the southern Gaza Strip, March 7, 2024.PHOTO: REUTERS GAZA CITY: In his makeshift tent in Gaza City, displaced Palestinian Jamal Abu Mohsen says the bombs are … Read more

‘Nominating Trump for peace prize was a mistake’

LAHORE: Prime Minister Shehbaz Sharif’s nomination of the American president for the Nobel Peace Prize was widely criticised as a folly, though most experts said Pakistan’s renewed outreach to Washington and its effort to stay out of Donald Trump’s crosshairs were driven by practical and short-term considerations. They described the country’s current foreign policy, including … Read more