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Applications open for 2027 Fulbright scholarship program

The United States Educational Foundation in Pakistan (USEFP) has opened applications for the 2027 Fulbright Student Program. Established in 1950 by the governments of the United States and Pakistan, the USEFP has facilitated exchange programs for more than 9,000 Pakistanis and nearly 1,000 Americans. The Fulbright scholarship covers graduate study in the US, including tuition, living expenses, insurance, and air travel. The USEFP said the program considers a broad definition of merit, including grades, test scores, leadership potential, and commitment to contributing to Pakistan’s development. The scholarship is funded jointly…

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PHF interim chief vows to restore hockey’s glory, lifts ban on captain Ammad Butt

Secretary Inter-Provincial Coordination Mohyuddin Ahmad Wani has pledged to revive and strengthen Pakistan’s national game after assuming charge as ad-hoc president of the Pakistan Hockey Federation (PHF). In a statement on Friday following his appointment, Wani outlined a comprehensive plan aimed at stabilising the federation, rebuilding trust and overhauling team management to restore Pakistan’s standing in international hockey. “As the newly appointed ad-hoc president of PHF, I assure stakeholders of our commitment to revive and strengthen hockey in Pakistan,” he said, adding that immediate steps were being taken to address…

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Pakistan, Philippines explore trade, investment and energy cooperation

Pakistan and the Philippines discussed expanding trade and investment ties, enhancing cooperation in agriculture, energy and minerals, and easing business travel during talks in Manila on Friday, a spokesperson for Pakistan’s Ministry of Economic Affairs said. The two sides considered organising trade exhibitions and a dedicated business forum to boost commercial links. They also reviewed updating the bilateral Double Taxation Agreement to align it with modern standards and emphasised greater private sector participation, backing the revival of the Pakistan–Philippines Joint Business Council. Pakistan proposed signing a memorandum of understanding between…

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Shehbaz meets Rubio, world leaders after ‘Board of Peace’ summit in Washington

Prime Minister Shehbaz Sharif met with several global leaders, including US Secretary of State Marco Rubio, during his visit to Washington, DC, for the inaugural session of the “Board of Peace”. The discussions centred on global and regional issues, while Secretary Rubio discussed critical minerals, energy-sector development, and investment opportunities for American companies in Pakistan with PM Shehbaz. According to a US State Department statement, Secretary Rubio praised Pakistan’s ongoing support for President Trump’s peace plan for Gaza and thanked the country for its role as a founding member of…

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PSX roars back with 5,700-point rally

KARACHI: The Pakistan Stock Exchange (PSX) delivered a powerful performance on Wednesday as it staged a strong comeback, driven by heavy buying in banking and fertiliser stocks amid strong corporate earnings. The benchmark KSE-100 index surged 5,702.68 points, or 3.29%, and settled at 178,853.10. It touched the intra-day high of 178,974 and low of 174,329, reflecting heightened volatility. The rally was primarily led by major banking and fertiliser stocks as investors responded positively to encouraging earnings announcements. Institutional participation and renewed investor confidence helped push the market sharply higher after…

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Apple to manufacture iPhones in Pakistan

ISLAMABAD: American tech giant Apple is set to start manufacturing iPhones in Pakistan after the government has agreed to offer incentives in the proposed Mobile and Electronics Manufacturing Framework. Apple has also agreed to refurbish iPhones in Pakistan for re-export under the new framework. The government expects $100 million from the re-export of refurbished iPhones in the first year. Apple management has asked for the provision of land at discounted rates, 8% performance incentive and plans to repair two to three-year-old iPhones. “We have included these three conditions in the…

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