Pakistani Ambassador and U.S. Congress Members Discuss Expanding Bilateral Relations

Washington: Pakistan’s Ambassador to the United States, Rizwan Saeed Sheikh, recently held a telephonic discussion with U.S. Congressman Jim McGiven and Congresswoman Susan Wild, focusing on ways to strengthen and diversify bilateral relations between...

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President, Prime Minister Pledge Strong Action Against Terrorism in Pakistan

Islamabad: President Asif Ali Zardari and Prime Minister Shehbaz Sharif have affirmed their commitment to eliminate terrorism across Pakistan, honoring the sacrifices of soldiers who lost their lives in an anti-terrorism operation in Bannu. Both leade...

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Pakistan Reaffirms Commitment to Multilateralism, Calls for End to U.S. Embargo on Cuba

New York: Pakistan has reiterated its strong support for multilateralism and adherence to the principles of sovereign equality, non-interference, and non-intervention as outlined in the United Nations Charter. This stance was emphasized by Deputy Perm...

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Pakistan Rejects Talks with TTP, Urges Afghan Action Against Terror Groups

Islamabad: The Foreign Office has firmly dismissed any recommendations or offers concerning dialogue between Pakistan and the Tehreek-e-Taliban Pakistan (TTP), maintaining its stance against negotiations with groups responsible for violence against Pa...

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PSO Reports Strong Revenue Collection, Boosting Liquidity and Reducing Obligations

Karachi: Pakistan State Oil (PSO) reported significant progress in revenue collection for the third consecutive quarter, with total trade receivables declining by PkR80 billion from December 2023’s peak of PkR548 billion. This reduction, driven by col...

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Pakistan’s Central Bank Expected to Reduce Policy Rate by 200 Basis Points

Islamabad: The State Bank of Pakistan (SBP) is anticipated to implement a significant reduction in its policy rate by 200 basis points in the upcoming Monetary Policy Committee (MPC) meeting. This move is driven by a combination of higher real interes...

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Fatima Fertilizer Reports 18% Rise in Quarterly Profits Despite Sales Decline

Lahore: Fatima Fertilizer Company Ltd. (FATIMA) today announced its third quarter financial results for the year 2024, posting an 18% increase in consolidated earnings, despite a significant drop in sales volumes and revenues. The company recorded ear...

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