News Archive - Page 47

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Saudi Delegation Explores Pakistan Investment Opportunities Through SIFC

Saudi Delegation Explores Pakistan Investment Opportunities Through SIFC

A Saudi business delegation led by Prince Mansour bin Mohammad Al Saud has held talks with Pakistan’s SIFC and stakeholders to explore opportunities in energy, privatisation, industry, communications and highways. The engagement supports efforts by Islamabad and Riyadh to convert their close bilateral relationship into a broader strategic economic partnership backed by investment and business agreements.

Business
Nobel Sustainability Trust Recognises Maryam Nawaz's Climate Governance

Nobel Sustainability Trust Recognises Maryam Nawaz's Climate Governance

The Nobel Sustainability Trust has recognised Punjab Chief Minister Maryam Nawaz Sharif for technology-driven initiatives covering climate resilience, air quality, forests and wildlife. She has also been invited to address the NST Award Gala and Summit 2026 in Hong Kong, where Punjab's environmental governance approach is expected to receive international exposure.

General
Zardari, Shehbaz Urge Nation to Follow Prophet's Teachings

Zardari, Shehbaz Urge Nation to Follow Prophet's Teachings

President Asif Ali Zardari and Prime Minister Shehbaz Sharif urged Pakistanis to follow the teachings of the Holy Prophet Muhammad (PBUH) as the country observed Eid Miladun Nabi. Both leaders highlighted justice, tolerance, compassion, unity and service to humanity as principles for strengthening Pakistani society.

General
Punjab IGP Cites Forensic Report in Lahore Custody Deaths

Punjab IGP Cites Forensic Report in Lahore Custody Deaths

Punjab IGP Abdul Kareem says a forensic report found multiple intoxicating substances in two women who died while in Lahore police custody and identified cardiopulmonary arrest as the medical cause of death. The case remains under scrutiny after HRCP earlier raised inconsistencies in official accounts and called for an independent judicial tribunal.

General
15 Newborns Die in Fire at PIMS Nursery in Islamabad

15 Newborns Die in Fire at PIMS Nursery in Islamabad

At least 15 newborns died after a fire broke out in a nursery at PIMS in Islamabad, where officials said 16 infants had been present and only one was rescued. Rescue officials linked the blaze to an air-conditioner compressor explosion and said cooling operations were underway after the fire was extinguished.

Health
Pakistan, Oman Mediation Revives Hopes for US-Iran De-escalation

Pakistan, Oman Mediation Revives Hopes for US-Iran De-escalation

Pakistan and Oman have intensified diplomatic efforts to reduce tensions between Iran and the United States, with recent visits to Tehran reopening channels for negotiations and producing progress on navigation through the Strait of Hormuz. Islamabad is reportedly relaying proposals between Washington and Tehran as regional mediators seek to revive the earlier Islamabad framework and prevent further escalation.

World
Pakistan Forms High-Level Panel to Resolve Iran Gas Pipeline Dispute

Pakistan Forms High-Level Panel to Resolve Iran Gas Pipeline Dispute

Prime Minister Shehbaz Sharif has formed a high-level committee to seek a negotiated resolution of the stalled Iran-Pakistan gas pipeline project as Pakistan faces potential liabilities from arbitration in Paris. The panel will assess legal risks, financial exposure and the country's future energy needs before recommending a way forward.

Business
JI Warns of Nationwide Shutdown, Islamabad March Over Petroleum Levy

JI Warns of Nationwide Shutdown, Islamabad March Over Petroleum Levy

Jamaat-i-Islami chief Hafiz Naeemur Rehman has warned of a nationwide shutdown, road blockades and an Islamabad march if the government refuses to abolish the petroleum levy. JI says it will announce a nationwide strike date on 13th Rabi-ul-Awwal as its protest campaign enters a new phase.

Politics
Pakistan Hopeful Babar Azam Will Return for Lord's Test Against England

Pakistan Hopeful Babar Azam Will Return for Lord's Test Against England

Pakistan are hopeful that captain Babar Azam will return for the second Test against England at Lord's after completing a full batting session while recovering from a finger injury. His possible comeback would boost a side looking to respond after losing the opening Test by an innings and 103 runs.

Sports
SBP Proposes Phasing Out Rs10 Note as Pakistan Redesigns Currency

SBP Proposes Phasing Out Rs10 Note as Pakistan Redesigns Currency

The State Bank of Pakistan has proposed discontinuing the Rs10 banknote when the country's redesigned currency series is introduced, citing rising production costs. The denomination would continue through the existing Rs10 coin, while current paper notes are not being withdrawn immediately.

Business
New Monsoon Spell to Bring Rain, Thunderstorms to Pakistan From Aug 27

New Monsoon Spell to Bring Rain, Thunderstorms to Pakistan From Aug 27

The Pakistan Meteorological Department expects a new monsoon spell to bring rain, thunderstorms and strong winds to Islamabad and several other areas from August 27. Karachi, Lahore and much of the country will remain hot and humid in the meantime, while isolated rainfall is also forecast for parts of Khyber Pakhtunkhwa.

General
Aurangzeb Says Pakistan Not Seeking New Chinese Financing

Aurangzeb Says Pakistan Not Seeking New Chinese Financing

Finance Minister Muhammad Aurangzeb says Pakistan is not seeking additional Chinese financing as the government diversifies its external funding strategy and works toward renewed access to international capital markets. Islamabad is simultaneously pursuing a proposed $10 billion US exchange stabilisation facility intended to support foreign-exchange confidence and encourage private investment.

Business