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One year of Gaza war and impact of Pakistani ‘boycott’ on Israeli products

There is a story about a fire and a sparrow. A fire had broken out, and a little sparrow wanted to help. She flew to a pond, filled her beak with a single drop of water, and returned. Flying as close as she dared, she released the drop onto the flames. Then she went back for another, repeating the process again and again. The fire was not affected. A crow, perched nearby, observing her efforts,

Pakistan to sign agreements worth $2 billion with Saudi Arabia, says PM Shehbaz

Pakistan is scheduled to sign agreements worth around $2 billion with a visiting Saudi delegation later this month, Prime Minister Shehbaz Sharif said on Tuesday. A delegation from Saudi Arabia is expected in the country before the Shanghai Cooperation Organisation (SCO) meeting that the country is hosting from Oct 15-16, he said. The Saudi delegation, led by Minister for Investment Khalid B

Govt eyes $100bn exports without outlining roadmap

Two federal ministers have forecast that Pakistan’s exports will climb to $100 billion from $30bn in the next few years without outlining the pathway for achieving a three-fold increase in export proceeds. Planning Minister Ahsan Iqbal and Commerce Minister Jam Kamal Khan painted a rosy export outlook on Tuesday while speaking at a dialogue on the Governance Innovation Lab on the ‘Export-Led Ec

Oil falls nearly 5pc

Brent and US crude futures fell on Tuesday as fears of supply disruptions from the conflict between Israel and Iran eased after Iranian-backed Hezbollah signaled support for a ceasefire proposal put forth by Lebanon’s government. Brent crude futures were down $3.70, or 4.57 per cent, to $77.23 a barrel at 11:21 am CDT (1621 GMT). US West Texas Intermediate futures were down $3.57, or 4.63pc, at

Inquiry ordered over lawmakers exclusion from TDAP board

The Senate Standing Committee on Commerce on Tuesday unanimously moved a privilege motion against commerce ministry officials for the exclusion of parliamentary members from the Board of the Trade Development Authority of Pakistan (TDAP) since 2021. The committee meeting chaired by Senator Anusha Rahman moved the motion against officials responsible for not taking parliamentarians to the TDAP b