Category: Latest News

US-Iran War Costs Washington $37.5bn So Far, Pentagon Tells Congress

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New-Project251

WASHINGTON: The United States has spent $37.5 billion on its ongoing military campaign against Iran, with the figure covering operational expenses incurred so far as well as projected costs through September 30, US Defence Secretary Pete Hegseth told lawmakers on Tuesday. Appearing before Congress for the first time since the escalation of hostilities, Hegseth urged lawmakers to approve emergency funding for the conflict, warning that failure to do so would disrupt military training, maintenance, and future defence capabilities. The latest estimate marks a sharp rise in the cost of the…

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Aurangzeb, Honeywell Discuss Investment To Modernize Refinery Sector

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Refinery Sector

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb discussed Honeywell Technologies’ proposed investment in modernizing and expanding Pakistan’s refinery sector ISLAMABAD, (APP – UrduPoint / Pakistan Point News – 21st Jul, 2026) Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb discussed Honeywell Technologies’ proposed investment in modernizing and expanding Pakistan’s refinery sector. In a meeting with Honeywell Technologies delegation, led by its Vice President and General Manager, Barry Glickman, in Washington, D.C, the minister welcomed Honeywell’s proposed modernization and expansion of Pakistan’s refinery sector, noting its potential to…

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Pakistan invites Chinese investment in ports, logistics sectors

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Chinese investment

Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has invited Chinese investors to expand investment in Pakistan’s ports, logistics and maritime sectors. He was addressing the Regional Transit Trade Hub Initiative in Beijing today. The Minister said maritime institutions, including the Karachi Port Trust, Port Qasim Authority, Gwadar Port Authority and the Pakistan National Shipping Corporation, are implementing reforms to develop the country into a modern maritime, logistics and industrial hub serving regional markets. Reaffirming Pakistan’s commitment to strengthening bilateral ties with China, he called for closer cooperation to build…

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StarCharge, Bahum Global sign MoU to support Pakistan’s electric vehicle ecosystem

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ev-charging

Government says upcoming battery storage policy will promote local EV manufacturing, charging infrastructure, technology transfer and foreign investment StarCharge, StarCharge Energy Pakistan and Bahum Global Ltd signed a memorandum of understanding (MoU) on Tuesday to support the development of Pakistan’s electric vehicle ecosystem. Special Assistant to the Prime Minister on Industries and Production Haroon Akhtar Khan witnessed the signing and said the government was working to accelerate the shift towards electric mobility. He said the forthcoming Battery Energy Storage System Policy would support local manufacturing, attract foreign investment and help…

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