By Muhammad Shahzad, Lahore PakistanLahore: Chairman of the Carpet Training Institute (CTI), Ejaz-ur-Rehman, has urged the government to introduce a comprehensive support package for the hand-knotted carpet industry and other export-oriented sectors in the upcoming federal budget, warning that timely intervention is crucial to revive the struggling sector.In a statement, he said Pakistani hand-knotted carpets…
By Dr Ansab Ali, Lahore PakistanLahore: The Pakistan Industrial and Traders Associations Front (PIAF) has welcomed improving macroeconomic indicators highlighted by the State Bank of Pakistan, stating that the country’s economy is now in a relatively stronger position to withstand external shocks, though challenges to sustaining long-term growth remain.In a statement, PIAF Chairman and President…
By Muhammad Shahzad, Lahore PakistanLahore: The All Pakistan Business Forum (APBF) has welcomed recent signs of economic stabilisation in Pakistan, expressing optimism about the country’s improving macroeconomic outlook.In a joint statement, APBF President Syed Maaz Mahmood and Chairman Ibrahim Qureshi praised the government’s economic policies and highlighted the role of national leadership, particularly Asim Munir,…
By Farzana Chaudhry, Lahore PakistanLahore: President of the Pakistan Medical Association (PMA) Lahore, Professor Shahid Malik, has congratulated Professor Farooq Ahmed Rana, Dr Ahmed Naeem Akhtar, and their entire cabinet on their victory in the recent elections of the Society of Surgeons.Describing the success of the Reformers Panel as a significant milestone, Prof Shahid Malik…
Washington ): US President Donald Trump has firmly warned Iran against attempting to close the Strait of Hormuz again, stating that the United States will not be blackmailed.Speaking to reporters at the White House on Saturday, Trump said: “They wanted to close up the strait again – you know, as they’ve been doing for years…
Islamabad : Pakistan has fully repaid a $2 billion deposit/loan to the United Arab Emirates (UAE), the State Bank of Pakistan (SBP) confirmed.The amount, which was held as a safe deposit with the State Bank under bilateral commercial agreements, has been returned following the maturity and UAE’s request. Pakistani authorities described the repayment as a…
Karachi/Islamabad): A major foreign automaker operating in Pakistan has announced plans to introduce electric vehicles (EVs) in the country and invest between $300 million and $400 million over the next 4 to 5 years.The Chief Executive of Indus Motors has confirmed the company’s readiness to launch electric vehicles and called upon the government to introduce…
Islamabad): Minister of State for Finance Bilal Azhar Kayani has announced that following the reduction in diesel prices, a decision regarding a cut in petrol prices will be made next Friday, keeping in view the prevailing global oil prices.Speaking to the media, Kayani stated that the government is closely monitoring international petroleum prices and will…
Tehran: Iran’s Supreme Leader, Ayatollah Mojtaba Khamenei, has declared that the country’s armed forces, particularly its navy, stand ready to deliver new and bitter defeats to its enemies.In a written statement released on the occasion of Iran’s Army Day (Farvardin 29), Khamenei praised the Iranian military’s performance and emphasized its defensive capabilities. He stated: “Just…
Tehran: Iran’s Islamic Revolutionary Guard Corps (IRGC) has announced the arrest of more than 120 individuals across the country, claiming they were affiliated with the United States, United Kingdom, and Israel and were “preparing the groundwork for a military attack by the enemy.”According to Iran’s semi-official Tasnim news agency, the detainees were allegedly involved in…
