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IMF asks Pakistan to implement reforms amid ME war effectsPublished on: May 2, 2026 12:29 AM

Pakistan, May 2 -- The Resident Representative of International Monetary Fund (IMF) in Pakistan Dr Mahir Binici has said that the ongoing Middle East conflict is likely to create a significant economi... Read More


Pakistan, S Korea agree to engage on CEPA, expand trade, investmentPublished on: May 2, 2026 12:28 AM

Pakistan, May 2 -- Pakistan and South Korea agreed to engage on Comprehensive Economic Partnership Agreement (CEPA), expand trade and investment cooperation. Federal Minister for Commerce Jam Kamal K... Read More


Ericsson pitches 5G, AI as drivers of Pakistan's growthPublished on: May 2, 2026 12:27 AM

Pakistan, May 2 -- Ericsson, a Swedish telecom, positioned 5G and AI-enabled connectivity as a key driver of Pakistan's economic growth and investment attractiveness at the inaugural EU-Pakistan Busin... Read More


ICCI, GICC ink MoU to boost Pakistan-China business cooperationPublished on: May 2, 2026 12:26 AM

Pakistan, May 2 -- In a significant step towards deepening economic integration between Pakistan and China, Islamabad Chamber of Commerce and Industry, signed a strategic Memorandum of Understanding (... Read More


World stocks remain mixed with most markets closed on May DayPublished on: May 2, 2026 12:25 AM

Pakistan, May 2 -- World shares were mixed and U.S. futures edged higher Friday, with most markets closed for May Day holidays. Brent crude's price rose 83 cents to $111.23 per barrel while U.S. bench... Read More


Pakistan's startup delegation engages Japanese innovation ecosystemPublished on: May 2, 2026 12:24 AM

Pakistan, May 2 -- The Embassy of Pakistan in Tokyo, in collaboration with Minato City Industrial Promotion Center, Asia Web3 Alliance Japan, JICA, Deloitte, PSEB and Ignite - National Technology Fund... Read More


Pakistan-Iran air travel resumes after 60 days suspensionPublished on: May 2, 2026 12:24 AM

Pakistan, May 2 -- Air travel between Pakistan and Iran has resumed after a 60-day suspension following attacks on Iran by the United States and Israel, with the first commercial flight successfully a... Read More


'Load management ends as LNG supply stabilises'Published on: May 2, 2026 12:24 AM

Pakistan, May 2 -- Federal Minister for Power Awais Ahmed Khan Leghari on Friday announced the end of load management across the country following the arrival of LNG cargo, saying the improved fuel su... Read More


British Report Claims Israel Provided UAE Laser Defense SystemsPublished on: May 2, 2026 12:18 AM

Pakistan, May 2 -- Israel provided the UAE with an advanced laser defense system during the Iran war, according to a British newspaper report. The report said these systems aimed to strengthen protect... Read More


Breakdown of fuel pricing reveals Rs153 per litre tax petrol and Rs116 on diesel in PakistanPublished on: May 2, 2026 12:15 PM

Pakistan, May 2 -- A detailed breakdown of petroleum pricing in Pakistan has revealed that a significant portion of the retail price of petrol and high-speed diesel consists of taxes, duties, and prof... Read More