Category: business and economy

ISLAMABAD: The administration of former US President Donald Trump has backed a $2.4 billion investment proposal by American firm Securiport to deploy advanced passenger screening systems at major airports across Pakistan. According to official documents, US Chargé d’Affaires Natalie A Baker has urged Pakistani authorities to consider the proposal, which aims to install Advanced Passenger Information (API) and Passenger Name Record (PNR) systems. These technologies would enhance border security by enabling real-time identification of criminal and transnational threats. The proposed system ensures secure data transfer from airlines to the government,…

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As of 2026, more than 30 countries across the world are generating electricity through nuclear power, highlighting its growing importance as a reliable and low-carbon energy source. According to the World Nuclear Association, the United States, China, and France remain the top nuclear power producers globally. The United States leads with around 94 operational reactors, making it the largest producer of nuclear electricity. China ranks second, rapidly expanding its nuclear fleet with over 60 reactors as part of its clean energy transition strategy. France continues to rely heavily on nuclear…

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Pakistan’s diplomatic efforts to secure a ceasefire in the Middle East deserve due recognition. One looks forward to the positive outcomes of the Islamabad Peace Summit and its potential to revive the global economy over the medium to long term. However, short-term diplomacy does not immediately ease supply fears, price spikes or market volatility caused by war, including Pakistan’s recent fuel price decisions. The latter, despite the prime minister’s reduction in the petrol levy, have faced criticism as harsh, and for millions of households, they definitely are. Petrol and diesel…

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As we enter the fifth week of the war in the Middle East, most of the discussion so far has focused on oil, gas and the intensity of the energy shock. That concern is justified. But another danger is building more quietly, and it deserves attention before it becomes harder to manage. I am referring to the food security risks created by a prolonged war. To some, that may seem counterintuitive. The Middle East is not usually seen as the world’s granary. A war in the region should not, on…

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