Pakistan and Canada agreed to deepen their bilateral partnership as Deputy Prime Minister and Foreign Minister Ishaq Dar welcomed Canadian Foreign Minister Anita Anand in Islamabad during her first official visit to Pakistan. Both sides decided to expand cooperation in key sectors and institutionalise the relationship through annual meetings to monitor progress on their agreed […]
Business
Brent oil crosses $90 as US-Iran conflict disrupts Gulf shipments
Global oil markets faced renewed pressure on Monday as Brent crude prices crossed $90 per barrel amid escalating hostilities between the United States and Iran, raising concerns over disruptions to energy supplies through the strategically important Strait of Hormuz. Read More: Brent oil rises to highest since February after Saudi Arabia output cut Brent crude futures […]
Pakistan imports mobile phones worth Rs530 billion in one year
Pakistan’s mobile phones imports recorded a significant increase during the fiscal year 2025-26, with the country importing devices worth Rs530.49 billion, according to newly released data. Read More: Imports of mobile phones, telecom apparatus surge to $2.33b The figures show that Pakistan’s dependence on imported mobile phones continued to rise during the year ending June 30, […]
Pakistan’s oil import bill exceeds IMF estimate amid global price surge
Pakistan’s annual petroleum import bill has surpassed the estimate made by the International Monetary Fund (IMF) as a sharp increase in global oil prices, driven by tensions in the Middle East, raised the country’s energy import costs. Read More: Pakistan’s oil imports reach $10.71 billion as refinery output expands According to official documents, Pakistan’s oil import […]
Pak-China B2B conference secures over $1.7 billion in investment commitments
Pakistan and China signed investment and business agreements worth approximately US$1.4 billion at the conclusion of the two-day Pakistan-China Business Conference held in Islamabad, marking another significant step towards strengthening bilateral economic and industrial cooperation. On the final day of the conference, participants signed 42 agreements valued at approximately US$850 million, covering a wide range […]
Climate change puts food security under pressure
Pakistan’s food security is facing increasing pressure from climate change as rising temperatures, erratic rainfall, floods and water shortages threaten the productivity of major crops. There is scientific projections warning of significant declines in wheat and rice yields in coming decades. Climate assessments indicate that Pakistan’s average temperature is rising faster than the global average, […]
China accounts for over half of Pakistan’s net FDI in FY2025-26
China accounted for more than half of Pakistan’s net foreign direct investment (FDI) in fiscal year 2025-26, reaffirming its position as the country’s dominant investment partner despite an overall decline in foreign investment, according to a provisional data released by the State Bank of Pakistan (SBP). The analysis shows Pakistan attracted net FDI of $1.637 […]
Master plan finalised to upgrade Lahore, Taxila railway stations
Pakistan Railways has finalized comprehensive master plans for the restoration, conservation and modernization of the historic Lahore and Taxila Railway Stations, following the special interest of Punjab Chief Minister Maryam Nawaz and the directives of Railways Minister Muhammad Hanif Abbasi. Pakistan Railways spokesperson said on Sunday, the Punjab government would provide full support for the […]
Pakistani vlogger explores China’s AI breakthroughs
As the 2026 World Artificial Intelligence Conference (WAIC) unfolds from July 17 to 20 in Shanghai, a Pakistani vlogger with over 400,000 followers across Chinese and international platforms is capturing the attention of netizens by showcasing China’s latest AI breakthroughs. Themed “Intelligent Partners, Co-creating the Future,” this year’s WAIC comes at a critical moment as […]
‘Strong capital market vital for growth’
Coordinator to the Federal Tax Ombudsman Saif-Ur-Rehman on Sunday said Pakistan had immense economic potential but required sustained structural reforms to deepen its capital market, attract domestic and foreign investment and ensure long-term economic prosperity. Talking to a delegation of women entrepreneurs led by Sana Abdullah Chaudhry, he said a developed capital market was indispensable […]