News Archive - Page 39

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AJK PM Gillani Orders Fast-Track Implementation of 100-Day Reform Plan

AJK PM Gillani Orders Fast-Track Implementation of 100-Day Reform Plan

AJK Prime Minister Iftikhar Gillani has ordered government departments to move quickly on his administration’s 100-day reform agenda, focusing on public services, employment and administrative efficiency. Planned priorities include youth engagement, demand-based skills programmes and improvements in transport and healthcare.

Politics
Pakistan Raises Record $3bn in Eurobond Sale as Orders Near $6bn

Pakistan Raises Record $3bn in Eurobond Sale as Orders Near $6bn

Pakistan has raised a record $3 billion through 5.5-year and 10-year Eurobonds after receiving nearly $6 billion in investor orders. The Finance Ministry says the transaction strengthens Pakistan’s return to international capital markets and supports its strategy to diversify funding and extend debt maturities.

Business
Sri Lanka-US Operation Seizes 463kg Meth Linked to Pakistan Network

Sri Lanka-US Operation Seizes 463kg Meth Linked to Pakistan Network

Sri Lankan and US anti-narcotics authorities seized 463 kilograms of crystal methamphetamine valued at about $21 million in a joint operation targeting an alleged Pakistani drug network. Two Pakistani nationals and a Sri Lankan man were arrested after investigators tracked shipping containers originating from Pakistan.

World
Pakistan Hikes Petrol to Rs346.16, Diesel to Rs372.03 for Sept 3

Pakistan Hikes Petrol to Rs346.16, Diesel to Rs372.03 for Sept 3

The federal government has increased petrol by Rs2.29 per litre to Rs346.16 and high-speed diesel by Rs1.11 to Rs372.03 per litre for September 3. The latest increase comes under Pakistan’s daily petroleum pricing mechanism as international oil-market volatility continues to feed into domestic fuel rates.

Business
PM Orders No Leniency Over PIMS Fire as Hospital Reforms Accelerate

PM Orders No Leniency Over PIMS Fire as Hospital Reforms Accelerate

Prime Minister Shehbaz Sharif has ordered strict accountability and accelerated reforms following the PIMS nursery fire in Islamabad that killed 14 newborn babies. The government is implementing findings from an interim inquiry while senior health officials have been directed to personally supervise improvements in hospital safety and patient care.

Health
PMD Warns of Urban Flooding as Heavy Rain Targets Twin Cities

PMD Warns of Urban Flooding as Heavy Rain Targets Twin Cities

The Pakistan Meteorological Department has warned that heavy rain could trigger urban flooding, flash floods and landslides across Islamabad, Rawalpindi and several northern regions during the coming nights. Authorities are monitoring vulnerable areas after two consecutive days of rain disrupted parts of the twin cities.

General
Louis Dreyfus Opens 40,000-Ton Grain Storage Facility in Multan

Louis Dreyfus Opens 40,000-Ton Grain Storage Facility in Multan

Louis Dreyfus Company has opened a grain storage facility with capacity of around 40,000 metric tons at its first company-owned industrial site in Multan. The investment is intended to strengthen the global agribusiness group's Pakistan supply chain, improve services for suppliers and customers and support local employment.

Business
KP Approves Free Electric Scooters for Women in Peshawar

KP Approves Free Electric Scooters for Women in Peshawar

The Khyber Pakhtunkhwa government has approved free electric scooters for female students and working women, beginning with a first phase in Peshawar. Chief Minister Sohail Afridi says the initiative is aimed at safer commuting while also encouraging cleaner transportation and will later be expanded to other districts.

General
NA Panel Demands Accountability Over Road Decay and Highway Delays

NA Panel Demands Accountability Over Road Decay and Highway Delays

The National Assembly Standing Committee on Communications has demanded detailed answers over deteriorating roads, delayed highway projects and toll collection practices across Pakistan. The panel ordered follow-up action on the Sukkur-Shikarpur highway and reviewed progress on major projects including the M-6 and M-8 motorways.

Politics
Deutsche Bank Signals Wider Pakistan Role as Finance Talks Deepen

Deutsche Bank Signals Wider Pakistan Role as Finance Talks Deepen

Deutsche Bank has reaffirmed its long-term commitment to Pakistan after talks with Finance Minister Muhammad Aurangzeb in Islamabad, signalling interest in expanding corporate and investment banking activities. The discussions also covered external financing, international capital markets and potential investment in energy, infrastructure, mining and technology.

Business
SHC Rejects JIT Plea in Mir Raza Murder Case, Orders Fair Probe

SHC Rejects JIT Plea in Mir Raza Murder Case, Orders Fair Probe

The Sindh High Court has rejected a request to form a JIT in the Mir Raza Ali murder case, directing the existing investigation to be completed fairly and swiftly. The family can pursue other legal remedies as the police probe and a separate judicial commission continue examining the high-profile Karachi case.

General
Pakistan Vows Continued Diplomacy as US-Iran Tensions Escalate

Pakistan Vows Continued Diplomacy as US-Iran Tensions Escalate

Pakistan has pledged to continue diplomatic efforts aimed at reducing US-Iran tensions despite the latest escalation, with the Foreign Office saying Islamabad remains hopeful that negotiations can resume. Officials also highlighted Pakistan's recent contacts with Iranian leaders and its broader regional diplomacy involving the Indus Waters Treaty, the Makkah Agreement and Afghanistan.

World