Second tranche under $100 million commitment to support Pakistan’s key water and energy initiative Pakistan has signed a $25 million concessional loan agreement with the Kuwait Fund for Arab Economic Development (KFAED) to finance the Mohmand Dam Hydropower Project, giving another major boost to the country’s strategic water and energy infrastructure. The agreement, valued at […]
Internet Services Suspended Across Quetta Over Security Concerns
Balochistan government recommends temporary shutdown; grenade attack reported in Dera Murad Jamali Internet services were suspended across Quetta on Friday due to security concerns, following a recommendation by the Balochistan government, 24NewsHD TV Channel reported. According to official sources, the provincial Home Department requested the federal government to temporarily shut down mobile and broadband internet […]
AQI in Lahore Shoots to 603, Making It the Most Polluted City in the World
Doctors urge citizens to stay indoors as air quality plunges to hazardous levels Lahore once again topped the list of the world’s most polluted cities on Thursday, as the Air Quality Index (AQI) skyrocketed to 603, marking an alarming rise in smog and toxic particulate matter. According to data reported by 24NewsHD TV, the air […]
Pakistan to Benefit from UN’s $250 Million Climate Adaptation Project
Pakistan is set to gain from a major $250 million global climate adaptation project recently approved by the United Nations’ Green Climate Fund (GCF). The initiative, to be implemented through the Asian Development Bank (ADB), aims to help vulnerable countries combat the impacts of melting glaciers, erratic rainfall, and rising climate threats. According to the […]
Pakistan Offers Bangladesh Access to Karachi Port for Regional Trade
In a landmark move to strengthen regional connectivity, Pakistan has offered Bangladesh access to the Karachi Port Trust, opening new routes for Dhaka to expand trade with China and Central Asian countries. The offer was extended during the 9th Pak-Bangladesh Joint Economic Commission (JEC) meeting held in Dhaka, marking the first such high-level engagement in […]
Saudi Arabia Extends $1 Billion Oil Facility, Rolls Over $5 Billion Deposits to Pakistan
Pakistan’s struggling economy received a major financial boost as Saudi Arabia renewed its long-standing economic support, extending a $1 billion oil facility and rolling over $5 billion in deposits placed with the State Bank of Pakistan (SBP), according to confirmation from the Finance Ministry. The extension underscores Riyadh’s continued commitment to Pakistan’s financial stability, especially […]
PIA Resumes Flights to the UK After Five Years
First Islamabad–Manchester flight takes off as Pakistan and UK celebrate restored air link After more than five years, Pakistan International Airlines (PIA) has officially resumed direct flight operations to the United Kingdom, marking a major milestone in the airline’s comeback efforts. The first flight, PK-701, departed from Islamabad to Manchester on Saturday, restoring a long-suspended […]
Pakistani Scientist Dr. Muhammad Mujtaba Wins Finland’s Young Researcher Award 2025
Pakistani scientist Dr. Muhammad Mujtaba, currently based at VTT Technical Research Centre of Finland, has been honoured with Finland’s Young Researcher Award 2025 for his pioneering work on developing eco-friendly, bio-based materials that could transform industries reliant on plastics and chemicals. Dr. Mujtaba’s award-winning project, titled CELLIGHT, focuses on creating sustainable alternatives to toxic minerals […]
IMF Raises Concerns Over Pakistan’s Wheat Policy; Govt Clarifies No Fixed Support Price
The International Monetary Fund (IMF) has expressed concern over Pakistan’s newly approved wheat policy, which initially appeared to include a minimum support price (MSP) mechanism — a move the Fund viewed as potentially market-distorting. According to sources within the Ministry of National Food Security & Research, the IMF sought immediate clarification after the policy’s approval, […]
NEPRA to Hear CPPA’s Plea for 37-Paisa Cut in Power Tariff on October 29
In welcome news for electricity consumers across Pakistan — including Karachi — the Central Power Purchasing Agency (CPPA) has filed a request with the National Electric Power Regulatory Authority (NEPRA) seeking a reduction of 37 paisa per unit in power tariffs under the monthly fuel cost adjustment (FCA) mechanism for September 2025. According to official […]