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Six vessels attacked in Gulf, Strait of Hormuz as war puts merchant ships on front lines

Six vessels attacked in Gulf, Strait of Hormuz as war puts merchant ships on front lines

DUBAI/BASRA: Explosive-laden Iranian boats appear to have attacked two fuel tankers in Iraqi waters, setting them ablaze and killing one…
Oil climbs as tankers are attacked in Iraqi waters amid Middle East war

Oil climbs as tankers are attacked in Iraqi waters amid Middle East war

BEIJING: Oil prices climbed on Thursday after Iraqi security officials said Iranian explosive-laden boats had hit two fuel oil ​tankers…
Pakistan’s external debt burden rises as Rs1.458tr new borrowing recorded

Pakistan’s external debt burden rises as Rs1.458tr new borrowing recorded

Pakistan’s external debt burden has risen further after the country obtained Rs1.458 trillion in new foreign loans during the first…
Pakistan, IMF near consensus to slash FBR tax target

Pakistan, IMF near consensus to slash FBR tax target

ISLAMABAD: Pakistan and the International Monetary Fund (IMF) are nearing a consensus on the revised macroeconomic and fiscal framework for…
Govt to launch Amazon-style digital marketplace to boost SME exports

Govt to launch Amazon-style digital marketplace to boost SME exports

ISLAMABAD: Pakistan plans to launch an Amazon-style digital marketplace to connect small and medium-sized enterprises with global buyers, a move…
Pakistan begins importing oil via Red Sea route after Strait of Hormuz closure: sources

Pakistan begins importing oil via Red Sea route after Strait of Hormuz closure: sources

KARACHI/RIYADH: Pakistan has started importing crude oil through the Red Sea route after the closure of the Strait of Hormuz…
Pakistan records 4.70pc inflation as food and fuel prices fluctuate

Pakistan records 4.70pc inflation as food and fuel prices fluctuate

ISLAMABAD: Pakistan has recorded an annual inflation rate of 4.70 percent, according to the latest weekly report released by the…
Iran war deals double blow to Indian airlines already hit by Pakistan airspace ban

Iran war deals double blow to Indian airlines already hit by Pakistan airspace ban

Airspace restrictions in the Middle East amid the Iran war have dealt another blow to Indian airlines, which count the…
FBR launches major austerity measures, 60pc official vehicles grounded

FBR launches major austerity measures, 60pc official vehicles grounded

ISLAMABAD: As part of the federal government’s austerity measures, the chairman of the Federal Board of Revenue (FBR) has formed…
Pakistan explores new food export routes amid Middle East conflict

Pakistan explores new food export routes amid Middle East conflict

ISLAMABAD: Pakistan reviewed the supply of perishable food items and fertilizer stocks on Monday, according to the state media, as…
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