One message tipped the scales

All bets were off. The world and the region were preparing for the worst. At one point, it looked all Pakistan’s efforts to seek an end to the hostilities would come to naught. Pakistani authorities dealing with the intricate process, however, did not give up. The story of Pakistan’s involvement in seeking rapprochement between the […]

Canada backs energy reforms, ceasefire role

Federal Minister for Power Sardar Awais Ahmed Khan Leghari met with Canadian High Commissioner Tarik Ali Khan to discuss energy sector cooperation and investment opportunities, according to an official statement on Wednesday. During the meeting, the high commissioner appreciated Pakistan’s role in promoting a ceasefire amid recent US-Israel-Iran tensions and thanked the government. Leghari urged […]

Provinces urged to lead SME financing efforts

The Small and Medium Enterprises Development Authority (SMEDA), on advice of the Special Assistant to PM Haroon Akhtar Khan, convened a series of five meetings with regional stakeholders, including banks and industries departments of Sindh, Balochistan, Khyber-Pakhtunkhwa, AJK and Gilgit-Baltistan (G-B) for equitable promotion of the SME financing across Pakistan. Nadia Jahangir Seth, Chief Executive […]

PSX cheers peace with record spike

The Pakistan Stock Exchange (PSX) erupted in jubilation on Wednesday, registering its highest single-day gain of over 14,000 points (+9%) in history, as investors cheered the global peace momentum brokered by Pakistan and easing tensions between the United States and Iran. As trading commenced in the morning, the KSE-30 index rallied sharply, which sparked a […]

Iran halts oil traffic, sounds alarm on ceasefire violations as Israel attacks Lebanon

Iran sounded the alarm on Wednesday over violations of its temporary ceasefire with the United States after Israeli attacks on Lebanon and halted the flow of oil in the Strait of Hormuz. Within hours of the ceasefire agreement brokered by Pakistan, Iran’s Revolutionary Guards (IRGC) said Tehran was preparing a heavy retaliation against the Israeli regime […]

Fact check: Viral video of Indian anchor’s outburst over Pakistan’s role in US-Iran ceasefire is doctored

Multiple people and accounts, including those that appear to be pro-military, shared a video on Wednesday, showing an Indian news anchor losing his temper while discussing Pakistan’s role in the ceasefire between Iran and the United States. However, the video is doctored. Backchannel diplomatic efforts by Pakistan paid off, as the United States and Iran agreed […]