News

Capitalising on unexplored mineral wealth

The 300 local and foreign delegates participating in a two-day mineral summit in Islamabad have renewed hopes of growing foreign interest in Pakistan’s mineral sector, which remains unexplored for want of financing and access to technology. Addressing the Pakistan Minerals Investment Forum, Prime Minister Shehbaz Sharif said the country’s mineral wealth, “worth trillions of dollars”, could free

India and the new world disorder

The escalating United States-China rivalry — driven by trade tensions, tech competition, and shifting alliances — is reshaping the global order. The Cold War’s focus on strategic geography has given way to a world led by economic agility and innovation. At this crossroads, India is leveraging its market size and reforms to grow its global clout, while Pakistan faces economic challenges as it seeks

Pakistan, UAE ink MoUs on cultural cooperation, consular affairs: FO

Pakistan and the United Arab Emirates on Monday signed and exchanged multiple memoranda of understanding (MoU) to further strengthen bonds between the people of both nations, according to the Foreign Office (FO). Pakistan and the UAE share close diplomatic, economic, and cultural ties. The UAE is one of Pakistan’s largest trading partners in the Middle East and a major source of remittances, wi

Work on $2bn motorway projects to start this year: minister

Federal Minister for Communications Abdul Aleem Khan on Monday announced that construction of $2 billion Sukkur-Hyderabad Motorway (M-6) and Karachi-Hyderabad Motorway (M-9) will start this year. The federal minister announced this while chairing a meeting of the National Highway Authority (NHA). The M-6 project, an integral part of China-Pakistan Economic Corridor, has already been delayed

US stocks tumble 3pc

Major US stock indexes were down more than three per cent each and the dollar index slid to a three-year low on Monday as US President Donald Trump’s continued attacks on the Federal Reserve chair and the bank’s monetary policy rattled investors. Investors flocked to safe-haven assets including gold, which hit another record high, and the Swiss franc. Trump on Monday repeated his criticism o