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SBP reserves rise $13m

[ KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased $13 million to $17.04 billion during the week ended on July 31, 2026, according to data released by the central bank on Thursday. Pakistan’s total liquid foreign currency reserves stood at $22.47 billion by the end of July, of which … Read more

Iran’s top negotiator slams US’s ‘theatre diplomacy on loop’

‘Acknowledge the facts and fulfill your commitments,’ says Parliament Speaker Mohammad Bagher Ghalibaf Iranian Parliament Speaker Mohammad Bagher Ghalibaf. Photo: File Iran’s parliament speaker and chief negotiator in talks with the United States criticised what he described as US “theatre diplomacy on loop,” referring to President Donald Trump’s pattern of announcing attacks and later calling … Read more

PSX investor base tops 600,000

[ July also recorded the second-highest monthly increase in investor accounts in PSX history ISLAMABAD: The Pakistan Stock Exchange crossed the milestone of 600,000 investors for the first time in its history in July, with the total investor base reaching 607,025, the Ministry of Finance said on Thursday. July also recorded the second-highest monthly increase … Read more

US seeks to deepen agri-tech partnership

[The United States on Thursday highlighted opportunities to strengthen cooperation with Pakistan in agricultural technology, saying greater adoption of American innovation could help modernise the country's farm sector while expanding bilateral trade and investment. US Charge d'Affaires Natalie A Baker made the remarks during a Direct Line webinar, organised by the Business Council for International … Read more

Infantino gets a lifeline with African support

FIFA President Gianni Infantino during the press conference. Photo: REUTERS PARIS: FIFA President Gianni Infantino received a lifeline on Thursday when the Confederation of African Football (CAF) unanimously backed his leadership, but the support from one of the largest voting blocs in soccer is unlikely to end scrutiny on how the sport is governed globally. … Read more