Author: Admin

ISLAMABAD: Pakistan and Uzbekistan have agreed to significantly expand bilateral trade, setting an ambitious target of over $2 billion within the next two years, up from about $450 million recorded last year, by broadening the scope of their Preferential Trade Agreement (PTA). The decision was taken during the 10th session of the Pak-Uzbek Intergovernmental Commission (IGC) on Trade, Economic and Scientific-Technical Cooperation, co-chaired by Haroon Akhtar Khan, Special Assistant to the Prime Minister for Industries and Production, and Uzbek Trade Minister Laziz Kudratov. Both sides agreed to more than double…

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DUBAI: The United Arab Emirates’ non-oil foreign trade has exceeded $1 trillion for the first time, marking a major milestone in the country’s economic diversification journey, UAE Vice President, Prime Minister and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum announced on Sunday. In a post on social media platform X, Sheikh Mohammed said the UAE’s non-oil trade reached AED 3.8 trillion, registering a robust 26 per cent increase compared to the previous year. He described the achievement as a clear indicator of the strength and resilience of the…

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KARACHI: Advisor to the Finance Minister Khurram has called for decentralising climate governance and finance, stressing that effective climate resilience can only be achieved when resources, decision-making and implementation are shifted to the local level. He was speaking at a high-level panel session titled “Decentralizing Climate Action: Unlocking Local Governments’ Role in Climate Finance” during Climate Week Karachi 2026, according to a press release issued by the Ministry of Finance on Tuesday. The advisor noted that while global climate discussions often centre on pledges, targets and policy frameworks, real climate…

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ISLAMABAD: Pakistan has reaffirmed its commitment to the conservation and sustainable management of wetlands on the occasion of World Wetlands Day, observing that these ecosystems are vital not only for biodiversity but also for livelihoods, climate resilience and cultural heritage. Marking the adoption of the Convention on Wetlands, also known as the Ramsar Convention, in 1971, the statement recalled that Pakistan is a signatory to the landmark agreement, which promotes the conservation and sustainable use of wetlands for present and future generations. Referring to the World Wetlands Day 2026 theme,…

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KARACHI: K-Electric (KE) has continued its drive to improve bill recovery and customer engagement by organising a customer facilitation camp in Azam Basti, where more than 1,500 consumers participated and outstanding dues worth Rs7.6 million were recovered. The camp provided on-the-spot services including bill payments, instalment plans, resolution of meter-related issues and processing of new connection applications, enabling residents to conveniently settle their pending dues and address service-related concerns. Azam Basti is served by three KE feeders and has a consumer base of over 15,000 customers. However, the area faces…

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