Trending Now: Latest global updates, business news, technology stories, sports headlines, and more.

Saudi group eyes $10b investment in Pakistan

[ Eyes infrastructure, tech as minister offers duty concessions, profit repatriation Saudi Arabia’s Falcon Vision Group has expressed interest in investing $10 billion in Pakistan, as Federal Minister for the Board of Investment Qaiser Ahmed Sheikh assured the delegation of full facilitation for investment in the country. The minister held a meeting with a high-level … Read more

‘Fuel price hikes necessary for stability’

[ ISLAMABAD: Addressing concerns over petroleum prices, Planning Minister Ahsan Iqbal said adjustments in petroleum product prices are directly linked to fluctuations in international oil markets and are necessary to maintain macroeconomic balance and fiscal discipline. Speaking at a media briefing to launch the Ministry of Planning’s Monthly Development Update for July, Iqbal said Pakistan … Read more

Renowned climber among 10 missing after avalanche in Pakistan

International expedition includes American, Chinese national, Omani and five Nepali climbers Ten climbers led by renowned Nepal-born mountaineer and former military serviceman Nirmal “Nims” Purja have gone missing after an avalanche struck Pakistan’s Broad Peak, one of the world’s highest mountains. The Alpine Club of Pakistan said on Instagram late Thursday that the international expedition … Read more

Iran’s army claims drone attack on US facilities at Kuwait air base

Fighter aircraft hangars, satellite communication systems, equipment warehouses targeted by explosive drones: Iran Smoke rises from a US airstrike. PHOTO: ANADOLU AGENCY The Iranian army said on Friday that it launched a drone attack on “strategic” US facilities at Ahmed Al Jaber Air Base in Kuwait. In a statement, the army said “fighter aircraft hangars, … Read more

Oil falls more than $1 on greater flows despite US-Iran war

[ The sun sets behind oil pumps outside Vaudoy-en-Brie, near Paris, France, March 18, 2026—REUTERS Oil prices fell on Friday but kept on track for a monthly ​rise of about a fifth, as more supplies flowed through crucial ‌maritime chokepoints, despite a lack of major breakthroughs in talks between the United States and Iran. Brent futures … Read more

Geopolitics, oil spike drag PSX down

[ KARACHI: Pakistan Stock Exchange (PSX) closed lower on Thursday as the benchmark KSE-100 index lost around 500 points due to the intensifying war in the Middle East. The market opened “gap-down” but found support near the 175,000 level. Trading remained under pressure throughout the session amid renewed geopolitical tensions involving the United States and … Read more

Cabinet rejects ban on rich purchases

Cars, property, stock curbs for ineligible persons shelved despite IMF commitment Prime Minister Shehbaz Sharif chairs a meeting of the Federal Cabinet in Parliament House Islamabad on June 26. Photo: PTV ISLAMABAD: The federal cabinet has rejected a proposal to immediately ban purchases of cars, investment in stocks, cash withdrawals and buying properties beyond a … Read more

MG JW to export vehicles to Bangladesh

[ MG JW Automobile Pakistan has signed an agreement with Bangladesh’s RANCON Group to export locally assembled vehicles to Bangladesh, marking a significant milestone for Pakistan’s automotive industry, according to a statement on Thursday. Under the agreement, MG JW will export 100 vehicles to Bangladesh during the current year, with total exports projected to reach … Read more

SBP reserves drop $229m to $17.03b

[ ISLAMABAD: The State Bank of Pakistan’s (SBP) foreign exchange reserves declined by $229 million during the week ended July 24, 2026, settling at $17.03 billion, the central bank said. The drop was attributed to external debt repayments. Pakistan’s total liquid foreign reserves stood at $22.4 billion as of July 24. Of these, the SBP … Read more