Author: Admin

CAIRO/WASHINGTON: The United States is preparing to impose sweeping new economic sanctions on Iran, describing the measures as one of the most aggressive financial campaigns ever launched against an adversary, while Tehran has warned it could halt all oil exports from the Gulf if the economic pressure continues. US Treasury Secretary Scott Bessent is expected to outline the new measures at a press conference on Monday, targeting Iran’s trading partners and entities involved in its economy and financial system. Bessent described the planned action as an “economic D-Day”, warning countries…

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is expected to approve a sale and purchase agreement between Pakistan State Oil (PSO) and Oman’s OQ Trading Limited for the supply of petroleum products. The proposed agreement comes as Pakistan seeks to diversify its energy import sources and strengthen fuel supply resilience amid changing regional dynamics and risks surrounding the Strait of Hormuz. PSO and Oman Trading International had held discussions in March on increasing oil cargoes to help meet Pakistan’s energy requirements. Following the talks, three petrol cargoes and…

KARACHI: Years after the creation of new administrative districts in Karachi, thousands of residents continue to face difficulties updating their official documents, creating hurdles in government job applications, educational admissions and other official procedures. Citizens say many people have retained domiciles, Permanent Residence Certificates (PRCs) and Computerised National Identity Cards (CNICs) showing their former districts, either because they were unaware of the changes or because they only attempted to update their records when a specific need arose. Over the past several years, Korangi District was carved out of East District,…

ROME: The Vatican is planning to build a renewable energy plant worth around $117 million, combining solar power generation with agriculture, in a major step towards making Vatican City fully energy self-sufficient. The proposed 80–90 megawatt (MW) agrivoltaic facility will be developed at the Vatican-owned Santa Maria di Galeria estate on the outskirts of northwestern Rome. Once completed, it is expected to rank among Italy’s largest agrivoltaic installations. The project will use solar panels elevated several metres above the ground, allowing crops to be cultivated underneath. The arrangement can also…