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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

SC fixes petitions on access to Imran

PAKISTAN: The Supreme Court has fixed five petitions concerning access to former prime minister and PTI founder Imran Khan for hearing on August 18. A three-judge bench, headed by Justice Shahid Waheed and comprising Justice Naeem Akhtar Afghan and Justice Ishtiaq Ibrahim, will hear the matters. Earlier, this matter was being heard by a bench … Read more

Kazakhstan offers wheat to Pakistan

[ ISLAMABAD: Pakistan and Kazakhstan have agreed to accelerate implementation of existing agreements and MoUs to transform them into concrete trade and investment opportunities, a statement from the Ministry of National Food Security and Research said on Thursday. The understanding was reached during a meeting between Federal Minister for National Food Security and Research Rana … Read more

Pakistan seeks 50% price cut for Iran gas

[ ISLAMABAD: Pakistan has asked Iran to make up to 50% reduction in the price of gas to be supplied through the Iran-Pakistan (IP) pipeline project. While renegotiating a relevant deal, Pakistan also wants a lower volume of gas under the project as different sectors in the country are not interested in taking energy supplies … Read more