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Pak-UK trade ties poised for expansion

Increasing business and trade relations with the UK can provide Pakistan and its industries an alternative destination to achieve the desired goals of socio-economic prosperity, qualitative industrialisation and exports, in which the Pakistani businessmen and investors settled in the UK can play an important role. Rising cooperation in health, education, hospitality, culture, IT, human resource

PSX loses 6,939 points in jittery week amid border skirmishes

Amid escalating tensions between nuclear-armed neighbours following India’s unlawful missile strikes against civilians early Wednesday, which resulted in the deaths of dozens of innocent people, investors grew increasingly concerned that the conflict could escalate into a full-scale war. Pakistan’s armed forces responded by downing five Indian fighter planes, creating a panic-like situation in

Development remains a priority: Ahsan Iqbal

Planning Minister Ahsan Iqbal on Saturday vowed that the government would not let anything derail Pakistan’s development and economic growth agenda. Chairing a crucial meeting to prioritise projects for the upcoming Public Sector Development Programme (PSDP) for 2025-26, the minister said the government had redoubled efforts to achieve economic transformation. An official announcement said t

Pakistan reopens airspace for all flights

Pakis­tan reopened its airspace for all types of flig­hts on Saturday as tensions eased with India following a ceasefire agreement. The two neighbouring nations closed their airspaces multiple times since Wednesday, when India launched missiles into Pakistan, triggering a series of hostilities. On Saturday evening, the Pakistan Airport Aut­hority (PAA) announced that the airspace has been fu

Exports to Europe rise to $6.8bn

Pakistan’s exports to European countries grew 8.18 per cent in the first nine months of the current fiscal year from a year ago, mainly due to higher shipments to western and southern states. In absolute terms, Pakistan’s exports to the European Union (EU) reached $6.782 billion in July-March FY25 from $6.269bn last year, according to data compiled by the State Bank of Pakistan. The export r