ISLAMABAD: Pakistan and the Islamic Development Bank (IsDB) on Tuesday signed three loan agreements worth about $603 million to finance the M-6 Sukkur-Hyderabad Motorway, Poverty Graduation of Extremely Poor and Flood-Affected Households (PGEP) project and Out-of-School Children project for Azad Jammu and Kashmir. The agreements were formalised following high-level talks between Minister for Economic Affairs Ahad Khan Cheema and an IsDB delegation, led by Vice President Dr Rami Ahmad. The project agreements were officially signed by IsDB VP Dr Rami Ahmad and Economic Affairs Division Secretary Muhammad Humair Karim. Federal…
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PSX hits all-time high of 188,000 points on back of improved investor sentiment
The Pakistan Stock Exchange (PSX) stretched its positive momentum on Tuesday, with the benchmark KSE-100 index rising by 860 points, or 0.46%, to close at an all-time high of 188,621.78 on the back of improved investor sentiment. The market remained active throughout the session, supported by sustained buying interest. However, trading was marked by volatility, as the index moved between an intraday high of 188,958.38 and a low of 187,192.02. Despite intermittent profit-taking, the index managed to hold gains and finish in positive territory. Market sentiment remained constructive, underpinned by…
Read MoreMWM chief Raja Nasir Abbas appointed Senate opposition leader
ISLAMABAD: Majlis Wahdat-e-Muslimeen (MWM) chief Allama Raja Nasir Abbas was officially appointed as the leader of the opposition in the Senate on Tuesday, filling a position that has been vacant for the past five months. The announcement came during a session chaired by Senate Chairman Yousuf Raza Gilani, where Abbas secured 22 votes from opposition members. The Senate Secretariat was instructed to issue the official notification immediately. Law Minister Azam Nazeer Tarrar and Prime Minister’s Adviser on Political Affairs Rana Sanaullah welcomed the new opposition leader in the House while other senators also congratulated Abbas at his seat.…
Read MorePTI senators move IHC against Imran Khan and Bushra Bibi’s solitary confinement, bar on visits
Fourteen Pakistan Tehreek-e-Insaf (PTI) senators approached the Islamabad High Court on Tuesday against the solitary confinement of party founder Imran Khan and his wife, along with requesting permission to meet the former prime minister. Imran has been held in detention at Adiala Jail for over two and a half years, during which he has faced restrictions on meeting his family and party members. His sisters, along with other close relatives and PTI leaders, have been repeatedly denied permission to meet him, despite court orders allowing such visits. Read: IHC issues notices on K-P CM’s petition…
Read MorePNMC polls postponed after heated dispute
ISLAMABAD: A meeting of the Pakistan Nursing and Midwifery Council (PNMC) ended without any outcome on Tuesday as the election of the president and vice president could not be held amid heated arguments and disorder. Special Secretary of the Ministry of Health Aslam Ghori could not be elected as president. According to sources, it was decided through an ordinance on September 28, 2025, to reconstitute the council. After six months, parliament two days ago approved a further extension of 120 days to the ordinance. Following the enforcement of the presidential…
Read MoreNew suspect remanded in rape case
RAWALPINDI: In the rape and pregnancy case involving a 13-year-old domestic worker in the jurisdiction of Sadiqabad Police Station, the court on Tuesday granted a three-day physical remand of a newly nominated suspect, Abdul Wahab. Civil Judge Adil Sarwar Sial ordered that the newly accused be thoroughly investigated and produced again before the court on January 23. Earlier, the victim, identified as Zunaira, and her guardian, Ghulam Fatima wife of Zahoor, had declared the initially nominated accused, Adil, innocent and subsequently named Abdul Wahab as the alleged perpetrator of the…
Read MoreVisit of Israeli Foreign Minister Gideon Saar to Prague
Minister of Foreign Affairs Petr Macinka held talks with his Israeli counterpart Gideon Saar on January 20, 2026. The main topics of the meeting were the situation in the Middle East, including the implementation of the peace plan in Gaza, economic and security cooperation, innovation, modern technology and the overall deepening of ties between the two countries. “Gideon Saar was the first foreign minister I spoke with on the phone at the end of last year. This is evidence of the strong friendship between the Czech Republic and Israel, which…
Read MoreIndia, UAE sign $3b LNG deal
NEW DELHI/DUBAI: India signed a $3 billion deal on Monday to buy liquefied natural gas from the United Arab Emirates, making it the UAE’s top customer, as the leaders of both countries held talks to strengthen trade and defence ties. The agreement was signed during a very brief two-hour visit to India by UAE President Sheikh Mohammed bin Zayed Al Nahyan for talks with Indian Prime Minister Narendra Modi. They pledged to double bilateral trade to $200 billion in six years and form a strategic defence partnership. Abu Dhabi state…
Read MoreTrump letter claiming US control of Greenland draws sharp criticism
A letter sent by US President Donald Trump to Norwegian Prime Minister Jonas Gahr Støre claiming the United States must have “complete and total control of Greenland” has drawn strong criticism from The Atlantic, which said the remarks show a president “living in a different reality” and risk serious damage to American alliances. In the letter, Trump said that because Norway had “decided not to give me the Nobel Peace Prize for having stopped 8 Wars PLUS,” he no longer felt obliged to think “purely of Peace” and would instead act…
Read MoreIran to consider lifting internet ban; state TV hacked
Iran may lift its internet blackout in a few days, a senior parliament member said on Monday, after authorities shut communications while using massive force to crush protests in the worst domestic unrest since the 1979 Islamic Revolution. In the latest sign of weakness in the authorities’ control, state television appeared to be hacked late on Sunday, briefly showing speeches by United States President Donald Trump and the exiled son of Iran’s last shah calling on the public to revolt. Iran’s streets have largely been quiet for a week, authorities…
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