News Archive - Page 142

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Pakistan, China Sign $13bn Investment and Joint Venture Deals

Pakistan, China Sign $13bn Investment and Joint Venture Deals

Pakistan’s ambassador to China said the two countries have signed more than 300 MoUs and over 36 joint ventures worth above $13 billion in the last two years. Pakistani officials presented the agreements as evidence of stronger implementation, with fresh focus on industrial cooperation, battery technology and export expansion.

Business
Pakistan Denies Iranian Aircraft Shielding Claims at Nur Khan Base

Pakistan Denies Iranian Aircraft Shielding Claims at Nur Khan Base

Pakistan has dismissed claims that Iranian aircraft were kept at Nur Khan Airbase to shield them from US strikes, saying the aircraft presence was tied to diplomatic logistics. Officials insist Islamabad remains a neutral mediator in efforts to prevent renewed regional conflict.

Politics
Zardari Urges Relief for Public as Oil Prices Hit Pakistan

Zardari Urges Relief for Public as Oil Prices Hit Pakistan

President Asif Ali Zardari has urged Prime Minister Shehbaz Sharif’s government to provide maximum relief to ordinary citizens as Pakistan faces fuel price pressure and supply risks from the Middle East crisis. The meeting also discussed regional security, Afghanistan and national defence.

Politics
HEC Launches Fully Online Degree Attestation System

HEC Launches Fully Online Degree Attestation System

HEC has launched a fully online and paperless degree attestation system for students and graduates across Pakistan. The new system allows 24/7 applications, online payments, university verification and downloadable e-attestation certificates.

Technology
PM Extends Austerity Measures as Oil Crisis Hits Pakistan

PM Extends Austerity Measures as Oil Crisis Hits Pakistan

Prime Minister Shehbaz Sharif has extended Pakistan’s austerity drive until June 13 as the government responds to fuel pressure caused by the Middle East war. The measures include cuts in official fuel allowances, restrictions on foreign travel and continued spending controls across government departments.

Business
Punjab Schools Get Three-Month Summer Vacation From May 22

Punjab Schools Get Three-Month Summer Vacation From May 22

Punjab schools will observe summer vacations from May 22 to August 23, with classes scheduled to resume on August 24. The announcement by Education Minister Rana Sikandar Hayat quickly became a major public update for parents, students and school administrations.

General
Pakistan IT Exports Set to Hit $4.6bn as Internet Access Surges

Pakistan IT Exports Set to Hit $4.6bn as Internet Access Surges

Prime Minister Shehbaz Sharif was told that Pakistan’s IT exports may reach $4.5 billion to $4.6 billion this fiscal year as domestic internet connections rise sharply. The government also highlighted 5G revenue, AI initiatives and plans to expand digital service centres across the country.

Technology
25 Sacrificial Goats Worth Rs1.9m Stolen in Karachi

25 Sacrificial Goats Worth Rs1.9m Stolen in Karachi

Karachi police say 25 sacrificial goats worth around Rs1.9 million were stolen from Gulistan-i-Jauhar ahead of Eid ul Adha. Investigators have obtained CCTV footage, while the owner has been asked to lodge an FIR to move the case forward.

General
Gwadar Port Tariff Cuts Aim to Boost Pakistan Transit Trade

Gwadar Port Tariff Cuts Aim to Boost Pakistan Transit Trade

Pakistan has cut major Gwadar Port tariffs to attract international shipping, transit cargo and regional trade. The move comes as Gulf route tensions raise the importance of alternative corridors and could boost economic activity in Balochistan.

Business
PMD Issues Glof Alert as Heavy Rain Threatens Northern Pakistan

PMD Issues Glof Alert as Heavy Rain Threatens Northern Pakistan

The PMD has issued a Glof alert for Khyber Pakhtunkhwa and Gilgit-Baltistan as heavy rain and thunderstorms are forecast in upper Pakistan. Authorities have been told to prepare evacuations, monitor vulnerable valleys and warn residents near rivers and streams.

General
Trump Rejects Iran Proposal Sent Through Pakistani Mediators

Trump Rejects Iran Proposal Sent Through Pakistani Mediators

Donald Trump has rejected Iran’s response to a US proposal for ending the Gulf conflict, with the reply conveyed through Pakistani mediators. The development places Pakistan’s diplomatic role in focus as regional powers try to prevent further escalation.

World