Gas supply suspended in Karachi after pipeline damaged in Red Line construction
KARACHI: Gas supply was disrupted in major parts of the city on Saturday evening after the Red Line construction work damaged a high-pressure gas pipeline near Jail Chowrangi. A spokesperson…
Pakistan to issue first ‘Panda bond’ next week, finance minister says
Pakistan is expected to access Chinese capital markets for the first time through a yuan-denominated bond next week, Finance Minister Muhammad Aurangzeb said on Saturday. “God willing, next week you…
Zaidi urges startups to look beyond venture capital, study local success models
Former Federal Board of Revenue chairman Syed Shabbar Zaidi on Saturday urged Pakistani entrepreneurs to rethink their funding strategies and focus on diverse investment avenues instead of relying solely on…
Electric bike demand surges amid costly oil
KARACHI: Amid the ongoing Middle East conflict since Feb 28, Pakistan’s auto sector is witnessing fresh developments, with a leading tractor assembler exploring electric bike production and new vehicle models…
Rain to hit upper Pakistan after intense heat
ISLAMABAD: After a three-day heat wave in northern parts of the country, the Pakistan Meteorological Department has forecast rain in the upper regions from Sunday evening (today) to May 12.…
At least 12 police personnel martyred in Bannu suicide attack
BANNU: At least 12 police personnel were martyred on Saturday night after a suicide attack on the Fateh Khel police post in Khyber Pakhtunkhwa’s Bannu district. Terrorists rammed a vehicle…
Pakistan’s defense impregnable, says CDF Asim Munir
Chief of Defense Forces Field Marshal Syed Asim Munir said on Sunday that Pakistan, its people and armed forces achieved an “unparalleled victory” in Marka-e-Haq, also referred to as the…
Israel deports two activists detained over Gaza-bound flotilla
Israel deported two activists, Saif Abu Keshek, a Spanish national, and Brazilian Thiago Avila, on Sunday after arresting them aboard a Gaza-bound flotilla in international waters, the foreign ministry said.…
Cruise ship hit by hantavirus outbreak arrives in Tenerife
TENERIFE: The cruise ship hit by a deadly hantavirus outbreak arrived early on Sunday near the Port of Granadilla in Tenerife, Reuters footage showed, where it will anchor for the…
UKMTO says bulk carrier hit by unknown projectile near Qatar
DUBAI: A bulk carrier reported being struck by an unknown projectile while sailing 23 nautical miles northeast of Doha, Qatar, the UK Maritime Trade Operations said on Sunday. The incident…