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Gold steady despite US-Iran tensions

[ Rises Rs900/tola, though international markets fall on producer price data; rupee inches up Gold imitation and US dollar banknotes are seen in this illustration picture taken February 20, 2026. Photo: Reuters RATODERO/KARACHI: Gold prices in Pakistan posted gains, although marginal, on Wednesday, bucking the softer trend in international markets, where the precious metal trimmed … Read more

$6.7b oil facility sought from Saudi

Pakistan has sought a $6.7 billion concessional oil financing facility from Saudi Arabia for a period of 15 years, aimed at ensuring energy security amid heightened Middle East conflict that may keep global prices high and put additional stress on the country’s foreign exchange reserves. A spokeswoman of the Ministry of Economic Affairs confirmed to … Read more

New fellowship for Pakistan’s emerging women documentary filmmakers announced

Sharmeen Obaid-Chinoy names eight fellows for ‘Claim the Frame’ which will support production of four documentary fi KARACHI: Two-time Academy Award-winning filmmaker Sharmeen Obaid-Chinoy has announced the eight fellows selected for the latest edition of Patakha Pictures’ Claim the Frame programme, which will support four documentary films by emerging women filmmakers from across Pakistan. The … Read more

‘Sway’ gives voice to Pakistan’s football dream

KARACHI: KARACHI As Pakistan’s football revival gathers pace on and off the field, the Pakistan Football Federation (PFF) has released “Sway,” a music project that brings together football, culture and artists from across the world. Produced in collaboration with Humnava and co-curated by music producer Xulfi, the song was filmed in Hunza and Lyari, highlighting … Read more

PSX regains ground, ends up 1,767 points

KARACHI: Pakistan Stock Exchange (PSX) on Wednesday staged a modest rebound as investors returned to accumulate selective blue chips after the previous session’s sharp sell-off, with easing concerns over the Strait of Hormuz disruptions restoring confidence. In the morning, the market got off to a flying start, when the benchmark KSE-100 index surged more than … Read more