<p>ISLAMABAD: Pakistan’s oil supply chain players appeared nervous as petrol stocks declined to a 14-day cover on Thursday, prompting the government to urgently address procedural issues and activate enforcement mechanisms to discourage hoarding for profiteering in the market.</p> <p>The decline comes amid rising prices following <a href="https://www.dawn.com/news/2015780">renewed</a> US-Iran hostilities.</p> <p>Informed sources said the government may have to revert to the fuel conservation m

<p>South Air’s inaugural flights from Karachi to Quetta, via Turbat, and to Islamabad, via Bahawalpur, departed from Jinnah International Airport on Thursday morning, the Pakistan Airports Authority (PAA) said in a statement.</p> <p>The authority added that the new carrier’s flight operations have “ further strengthened Pakistan’s domestic air connectivity”.</p> <p>“The new services represent an important addition to the domestic flight network at Jinnah International Airport, provid

<p>Security forces on Thursday killed three more terrorists in Balochistan as <a href="https://www.dawn.com/news/2015629">Operation Shaban</a> continued in the province, state-run <em>Radio Pakistan</em> reported, citing security sources.</p> <p>The latest casualties have taken the total tally of terrorists killed during the operation to 91.</p> <figure class='media w-full w-full media-- media--embed media--uneven media--tweet' data-original-src='https://x.com/RadioPakistan/status/20777

The United States and Iran continued to trade blows for a sixth day on July 16, as the foes battled over the vital Strait of Hormuz, despite a call from mediator Pakistan to resume talks. The renewed fighting and US blockade of Iranian ports came a month after a preliminary deal was signed that aimed to end the conflict. Since last week, the renewed US attacks have killed at least 30 people in Iran, according to its government.

<p>ISLAMABAD: Pakistan on Wednesday formally appointed the Asian Development Bank (ADB) as the financial and transaction adviser for the outsourcing of Islamabad International Airport’s operations.</p> <p>Last week, the Privatisation Commission Board <a href="https://www.dawn.com/news/2014398">reviewed</a> the terms of a transaction advisory services agreement (TASA) with the lender and gave its approval.</p> <p>The TASA was signed by Privatisation Commission Director General Shahid Dayo and A

<p>Three more terrorists have been killed as security forces and law enforcers continue to carry out Operation Shaban in Balochistan jointly, state media reported on Wednesday, citing security sources.</p> <p>According to state-run <em>Pakistan TV</em>, the latest casualties have taken the total tally of terrorists killed during the operation to 88.</p> <p>It further reported that 126 terrorists had been killed in Operation Shaban and other intelligence-based operations in the province since Jul

<p>The Pakistan Stock Exchange’s (PSX) benchmark index snapped a two-day losing streak on Wednesday, gaining more than 1,700 points to settle above the 175,000 mark.</p> <p>The KSE-100 index rose by 1,766.97 points (1.02 per cent) over the course of the day after a volatile session. It closed at 175,285.78 points, up from its previous close of 173,518.81.</p> <p>The index started with a steep rise, hitting its intraday high of 176,701.38 points at 10:02am — 3182.57 points up from the previou

<p>Pakistan’s recent diplomatic efforts for achieving sustainable peace in the Middle East deserve to be assessed, not by whether they produced an immediate US-Iran agreement, but by what they strategically accomplished.</p> <p>First, it helped create diplomatic space at a critical moment, reducing the risk of a disastrous regional escalation. Second, it contributed to bringing Washington and Tehran into direct high-level engagement after nearly five decades of estrangement, demonstrating that

<p>Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman Bilal bin Saqib has asked Jamia Darul Uloom to draw a distinction between speculative cryptocurrencies and asset-backed digital tokens, its chief said on Wednesday.</p> <p>The crypto czar told <em>Reuters</em> he had asked for the clarification after the seminary <a href="https://www.dawn.com/news/2014389#:~:text=The%20fatwa%20was%20originally%20issued%20by%20Darul%20Ifta%2C%20Jamia%20Darul%20Uloom%2C%20Karachi%2C%20and%20dated%202

<p>Deputy Prime Minister and Foreign Minister Ishaq Dar will travel to Shanghai from July 16-17 to attend the signing ceremony of the World Artificial Intelligence Cooperation Organisation (WAICO), the Foreign Office (FO) said in a statement on Wednesday.</p> <p>According to the FO, Dar will travel with a delegation at the invitation of Chinese Foreign Minister Wang Yi. The deputy prime minister will attend the signing ceremony and sign the agreement on behalf of Pakistan as a founding member.</