News Archive - Page 166

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Japan commits $2m for Pakistan climate relief and recovery

Japan commits $2m for Pakistan climate relief and recovery

Japan has pledged $2 million through the World Food Programme to support climate-affected and disaster-hit communities in Pakistan, with assistance expected to reach more than 45,000 people. The move reinforces international backing for Pakistan as the country faces rising flood, food security and climate-resilience pressures ahead of another risky monsoon season.

General
Hyderabad Kingsmen beat Rawalpindiz by five wickets in PSL 11

Hyderabad Kingsmen beat Rawalpindiz by five wickets in PSL 11

Hyderabad Kingsmen defeated Rawalpindiz by five wickets in Karachi after restricting them to 121 for nine and then completing the chase in 16.3 overs. Hunain Shah starred with the ball, while Kusal Perera and Irfan Khan Niazi guided the Kingsmen home with a steady, match-winning partnership.

Sports
Shehbaz reaches Doha to deepen Pakistan-Qatar diplomacy

Shehbaz reaches Doha to deepen Pakistan-Qatar diplomacy

Prime Minister Shehbaz Sharif arrived in Doha on the second leg of his three-nation tour, where he held talks with Qatar’s emir and stressed dialogue, de-escalation and closer bilateral coordination. The visit highlighted Pakistan’s effort to stay diplomatically active in the Gulf while strengthening ties with a key regional partner.

Politics
PIA handover to Arif Habib-led consortium expected this month

PIA handover to Arif Habib-led consortium expected this month

Pakistan is preparing to transfer management control of PIA to the Arif Habib Group-led consortium by the end of April, advancing one of the country’s biggest privatisation deals in recent years. The move could become a defining test of Pakistan’s wider reform agenda as officials try to turn a financially troubled national carrier over to private management.

Business
Pakistan current account surplus nearly disappears in FY26

Pakistan current account surplus nearly disappears in FY26

Pakistan’s current account surplus has shrunk to just $8 million in the first nine months of FY26, down from $1.674 billion a year earlier, according to SBP data. Although March posted a stronger monthly surplus, the broader fiscal-year picture shows Pakistan’s external account remains under significant pressure.

Business
IMF backs Pakistan reforms, sees stability as programme holds

IMF backs Pakistan reforms, sees stability as programme holds

IMF Managing Director Kristalina Georgieva has credited Pakistan’s implementation of its IMF programme with helping maintain macroeconomic stability, giving Islamabad a significant vote of confidence during the Spring Meetings in Washington. The endorsement supports Pakistan’s reform narrative, but it also comes with a clear warning that deeper structural changes are still needed to turn short-term stabilisation into lasting growth.

Business
Pakistan Navy tests indigenous anti-ship missile

Pakistan Navy tests indigenous anti-ship missile

Pakistan Navy has successfully test-fired an indigenously developed ship-launched anti-ship missile, with the military saying the weapon accurately struck its target at extended range. The launch highlights Pakistan’s drive for stronger maritime deterrence and greater reliance on homegrown defence technology.

General
Saudi $2bn boosts Pakistan reserves amid financing strain

Saudi $2bn boosts Pakistan reserves amid financing strain

The State Bank has confirmed that Pakistan received $2 billion from Saudi Arabia, giving immediate support to foreign exchange reserves as debt repayments and regional energy pressures test the external account. The inflow offers short-term relief, but Pakistan still faces a broader challenge of turning temporary support into lasting financial stability.

Business
Pakistan opens banking channels for licensed crypto firms

Pakistan opens banking channels for licensed crypto firms

The State Bank of Pakistan has allowed banks to open accounts for licensed virtual asset service providers under a new legal and regulatory framework. The move brings crypto-related businesses into formal banking channels while keeping strict licensing, client-fund segregation and anti-money-laundering controls in place.

Business
Babar steers Zalmi past Gladiators as playoff spot nears

Babar steers Zalmi past Gladiators as playoff spot nears

Peshawar Zalmi beat Quetta Gladiators by eight wickets in Karachi as Babar Azam’s unbeaten 71 guided a composed chase after Quetta were limited to 154. The sixth straight win has pushed Zalmi closer to the PSL playoffs while deepening pressure on the struggling Gladiators.

Sports
Pakistan starts production at record Baragzai oil and gas well

Pakistan starts production at record Baragzai oil and gas well

Pakistan has started commercial production from Baragzai X-01, the biggest single-well oil and gas development in its history, in Kohat's Nashpa Block. The project is expected to raise domestic supply, generate major revenue and cut the country's fuel import bill at a time of regional energy disruption.

Business
Karachi rabies death exposes gaps in dog-bite treatment system

Karachi rabies death exposes gaps in dog-bite treatment system

A 34-year-old Karachi resident has died of rabies weeks after being bitten by his own dog, exposing serious gaps in post-bite treatment, hospital protocols and disease reporting in Sindh. The case has intensified calls for better vaccine access, proper prophylaxis and stronger rabies prevention across Pakistan.

Health