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Australia proposes joint ventures in mining sector

[ ISLAMABAD: Australia has proposed the formation of joint ventures with Pakistani companies to tap into the potential of minerals-rich mining sector. The Australian high commissioner on Monday expressed strong interest of Australian mining companies in Pakistani regions having vast deposits of natural resources. He proposed collaboration between Australian universities, mining firms and Pakistani institutions … Read more

Rice exports to China surge 84% in first half

[ BEIJING: Pakistan’s rice exports to China have exhibited significant growth during the first six months of 2025, marking an encouraging development under the framework of China’s economic policies aimed at enhancing trade relationships and diversifying supply chains. According to recent data from the China General Administration of Customs, Pakistan’s shipments of semi-wholly milled rice … Read more

Houthis claim drone attacks on Israel

JERUSALEM: The Houthis claimed they attacked several targets in Israel with drones in response to Israeli military attacks on Yemen’s Hodeidah port on Monday. Houthi military spokesperson, Yahya Saree, said that the group attacked several targets in Israel with drones, which was in response to Israel’s recent attack on Hodeidah port and the continued military … Read more

Chinese firms to retain 50% proceeds

[ ISLAMABAD: Pakistan is exploring concrete steps to ensure Prime Minister Shehbaz Sharif’s upcoming visit to China yields tangible results, with cabinet members urging resolution of longstanding issues hampering Chinese investment instead of merely signing more MoUs. To remove a major obstacle in relocating Chinese industries to the Gwadar Free Zone, the government has decided … Read more