National Foods Reports Downturn in FY24 Earnings Despite Growth in Retail Sector

Karachi: National Foods Limited (NATF) experienced a significant downturn in its FY24 financial results, primarily due to a decline in its core business, despite notable growth and profitability in its retail segment. The company reported consolidated...

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Islamic Trade Finance Corporation Commits $3 Billion in Commodity Financing for Pakistan

Washington DC: Finance Minister Muhammad Aurangzeb met with a delegation from the Islamic Trade Finance Corporation (ITFC), led by CEO Eng. Hani Salem Sonbol, to discuss the expansion of trade financing for Pakistan. During the meeting, ITFC pledged U...

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Pakistan and Sri Lanka Reaffirm Defense and Security Cooperation

Rawalpindi: Air Marshal RAUP Rajapaksa, Commander of the Sri Lanka Air Force, met with General Sahir Shamshad Mirza, Chairman of Pakistan’s Joint Chiefs of Staff Committee, at the Joint Staff Headquarters in Rawalpindi, during an official visit aimed ...

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Senate Foreign Affairs Committee Chairman Meets Uzbekistan’s Ambassador in Islamabad to Strengthen Bilateral Ties

Islamabad: Senator Irfan-ul-Haque Siddiqui, Chairman of the Senate Standing Committee on Foreign Affairs, held a meeting with Uzbekistan’s Ambassador to Pakistan, Alisher Tukhtaev, to discuss avenues for strengthening bilateral relations between the t...

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Pakistan Signs Pact to Mitigate Nitric Acid Emissions, Bolstering Global Climate Efforts

Islamabad: In a significant stride toward environmental sustainability, the Ministry of Climate Change and Environmental Coordination has signed the Nitric Acid Climate Action Group (NACAG) Statement of Undertaking, aiming to substantially reduce nitr...

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New Hub River Bridge Inaugurated to Enhance Connectivity Between Balochistan and Sindh

Hub-Karachi: Federal Ministers Abdul Aleem Khan and Jam Kamal Khan inaugurated the new Hub River Bridge on N-25, a vital link between Balochistan and Sindh provinces, which was completed at a cost of 1.18 billion rupees. The bridge, finished in two ye...

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Minister Leghari Advocates for Stronger Energy Ties with Chinese Firms at Belt and Road Conference

Qingdao, China: In a strategic move to bolster Pakistan's energy sector, Federal Minister for Power, Sardar Awais Ahmad Khan Leghari, engaged in pivotal discussions with top executives from Power China and Energy China at the Third Belt and Road Minis...

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