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EU says ready to sign defence, security pact with India

. Kaja Kallas, the European Union’s high representative for foreign affairs and security policy and vice president of the European Commission talks to journalists before the EU-Southern Neighbourhood Ministerial Meeting in Brussels on July 14, 2025. File Photo: AFP STRASBOURG: The European Union is ready to sign a defence and security pact with India, the … Read more

Cabinet expects more investment after PIA sell-off

[ ISLAMABAD: Cabinet members have observed that the privatisation of Pakistan International Airlines (PIA) would usher in a new era, marked by greater investment inflows from both domestic and foreign investors. In a recent meeting chaired by Prime Minister Shehbaz Sharif, the cabinet members noted that it was a matter of immense satisfaction and pride … Read more

BBC ‘partners’ with YouTube

. LONDON: The BBC announced Wednesday a landmark new deal with American video platform YouTube which it said will showcase “the best homegrown storytelling and news from across” the British broadcaster’s output. The “strategic partnership” will see the BBC “expand” its activities on the video streaming platform, including producing tailor-made content targeting YouTube’s younger audiences, … Read more

Aurangzeb holds ADB talks on reforms at Davos

[ DAVOS: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a series of meetings in Davos on the sidelines of the World Economic Forum (WEF) Annual Meeting, focusing on Pakistan’s economic reform agenda, international partnerships and investment-led growth. According to an official statement issued on Wednesday, the finance minister met Masato Kanda, President … Read more

Gold crosses Rs500,000 on geopolitical fears

[ KARACHI: In Pakistan, where gold holds profound economic value and deep cultural significance in weddings and heirlooms, the price per tola has surged past the historic Rs500,000 milestone. This breakthrough to Rs506,362 reflects global trends and local demand, marking a new era for investors and families alike. The All-Pakistan Gems and Jewellers Sarafa Association … Read more

Greenland releases ‘crisis’ guidelines

. Self-Sufficiency Minister Peter Borg. Photo: Nordic Circular Hotspot NUUK: Greenland’s government unveiled a new brochure on Wednesday offering advice to the population in the event of a “crisis” in the territory, which US President Donald Trump has repeatedly vowed to seize from ally Denmark. Guidance includes stockpiling food and water, hunting weapons and ammunition. … Read more

US begins IS prisoner transfer

DAMASCUS: The United States said it launched an operation Wednesday that could move thousands of Islamic State group jihadists from Syria to Iraq, as Syrian and Kurdish-led forces traded accusations of breaching a fragile ceasefire. The move came a day after Washington said the purpose of its alliance with the Syrian Kurds had largely ended, … Read more

Pak-China footwear venture wins approval

[ Local firm will invest Rs1b in production of non-leather footwear over five years KARACHI: Approval has been granted for a joint venture agreement between Pakistan and China in the footwear manufacturing industry. The joint investment deal has been finalised between Pakistani company Service Global Footwear and Chinese company Golden Star Footwear Group. Details of … Read more