Pakistan

KSE-100 rebounds 808 points amid strong earnings, investor optimism

Secures $700m investment on first day as over 30 ministers, 75 global investors, and 100 Pakistani tech firms unite

Priscilla Pointer, acclaimed actress and mother of Amy Irving, has died peacefully at 100, her family announced.

The killing of an elderly man and the injuring of his two relatives and a neighbour by terrorists sparked a fierce gun battle between the assailants and members of a local peace committee in the Begukhel area of Khyber Pakhtunkhwa’s Lakki Marwat district late Monday night, according to police. The incident reflects the escalating militant presence in Lakki Marwat, where attacks have become more frequent in recent months despite ongoing efforts by local peace committees to maintain order and resist terrorist influence. “The incident happened last night in the Begukhel village. Members of the peace committee living there had deployed guards around the village for protection when militants decided to attack them. They used RPGs and other heavy artillery to attack, and in retaliation to the attack, the peace committee members also opened fire to resist. “During the exchange of fire, one local lost his life while two others sustained injuries. The militants fled from the scene following the exchange. We have regis...

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Shehbaz hails $700m pledges in new foreign investment in IT sector

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International community unwilling to see IIOJK incident through Delhi's prism

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Deputy Prime Minister and Foreign Minister Ishaq Dar has issued a stern warning to India, stating that any attempt to interfere with Pakistan’s water rights under the Indus Waters Treaty would be regarded as an act of war.

The Pakistan Army has shot down a second Indian surveillance drone within the same day along the Line of Control (LoC), according to a statement by the Inter-Services Public Relations (ISPR).

An employee of the Pakistan Navy was killed while another was injured in Karachi’s Baldia on Tuesday after a 10-wheeler trailer hit them, police said. The city has lately witnessed a rise in traffic accidents, especially involving heavy vehicles, including dumpers and water tankers, which killed nearly 500 people and injured 4,879 in 2024, according to hospital data. Speaking to Dawn.com today, Keamari Senior Superintendent of Police (SSP) Captain (retired) Faizan Ali said, “An employee of the Navy died in the accident, while another was injured when a 10-wheeler truck hit them.” He added that while the driver of the vehicle managed to flee the site of the incident, the vehicle had been taken under police custody. SSP Ali said that a first information report (FIR) will be registered when a complainant comes to the police, otherwise, “we will register it on behalf of the state through a police officer.” Another official, Moachko Police’s Asad Zaid, said 35-year-old Ashfaq Ali and 34-year-old Sohail Ahmed were ...

Inter-Services Public Relations (ISPR) Director General, Lt Gen Ahmed Sharif Chaudhry, on Tuesday said that India hadn’t provided a “shred of evidence for its baseless allegations” against Pakistan concerning the Pahalgam attack, adding that India was involved in “undertaking cross-border terrorism inside Pakistan.” Relations between Pakistan and India have plummeted to their lowest level in years following the April 22 attack in Indian-occupied Kashmir’s Pahalgam, which killed 26 men, mostly tourists, and was one of the deadliest armed attacks on civilians in the disputed Himalayan region since 2000. Kashmir Resistance, also known as The Resistance Front, said it “unequivocally” denied involvement in the attack, after an initial message that claimed responsibility. Says India has not provided evidence for “baseless allegations” against Pakistan Says India has been found operating a terror network inside Pakistan targeting not only military but also innocent civilians Says forensic analysis of retrieved mater...

Saudi Arabia’s Ministry of Haj and Umrah has refuted claims that funds from thousands of Pakistani Haj pilgrims were mistakenly sent to the wrong bank account, emphasising that the Kingdom’s digital Haj platform maintains the “utmost levels of transparency,” Arab News Pakistan reported on Tuesday. The clarification followed reports from [multiple] Pakistani media outlets last week, which claimed that over 67,000 Pakistani pilgrims might experience delays in their Haj travel due to millions of Saudi Riyals intended for their expenses being erroneously transferred to an incorrect bank account. “Recent claims in some Pakistani media outlets about ‘Haj funds being sent to the wrong Saudi account’ are baseless and stem from a misunderstanding of the Haj account management system and the ministry’s official electronic Haj platform, which ensures the highest standards of transparency and accuracy,” Arab News Pakistan quoted an official of the Saudi Ministry of Haj and Umrah as saying. According to the report, the of...

Prime Minister Shehbaz Sharif has extended his congratulations to Mark J.

Prime Minister Shehbaz Sharif on Tuesday reaffirmed Pakistan’s commitment to becoming the next major tech destination in light of $700 million pledged in foreign investment in the IT sector at the Digital Foreign Direct Investment (DFDI) conference in Islamabad. Delegates from around 45 countries arrived in Islamabad to participate in the DFDI conference, the first-ever DFDI conference held in Pakistan. Over 75 foreign investors and CEOs of more than 50 global companies attended the event. The digital sector has long been recognised as a key segment for foreign direct investment (FDI), yet Pakistan has struggled to attract substantial digital FDI. Addressing the DFDI conference today, PM Shehbaz hailed investment in the IT sector, saying: “Pakistan is not waiting for the future but shaping it.” He called on international stakeholders to continue supporting Pakistan as it was ready to lead the global digital economy. The premier highlighted the government’s initiatives in the IT sector including the launch of ...