2026

Pakistan

Pakistani, Iranian Foreign Ministers Discuss Regional Issues

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ISLAMABAD — Deputy Prime Minister and Foreign Minister Senator Mohammed Ishaq Dar held important talks with Iranian Foreign Minister Seyed Abbas Araghchi focusing on regional developments. The meeting, which took place on Friday, highlighted mutual concerns over recent ceasefire violations by Israel in Lebanon. Serious Concerns in Lebanon During the discussions, both leaders emphasized the serious situation in Lebanon. They stressed the importance of regional stability to secure lasting peace and prevent further conflict. Bolstering Bilateral Relations The Deputy Prime Minister extended warm congratulations to Iran’s leadership, government, and citizens on their accomplishments. This gesture aimed to strengthen the bilateral ties between Pakistan and Iran, promoting closer cooperation. Commitment to Regional Peace This diplomatic engagement underscores ongoing efforts by both countries to uphold peace and stability in the region. The commitment reflects a shared dedication to addressing regional challenges collaboratively.

Pakistan

Pakistan Grants Visas to Indian Pilgrims for Ranjit Singh Anniversary

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The Pakistan High Commission in New Delhi has granted 438 visas to Indian pilgrims. These visas are for attending commemorative events in Pakistan for the death anniversary of Maharaja Ranjit Singh, scheduled from June 21 to June 30, 2026. Diplomatic Engagement Charge d’Affaires Saad Ahmad expressed warm congratulations to the pilgrims receiving visas. He highlighted the significance of the event for participants. By issuing these visas, Pakistan supports cross-border religious activities, enhancing friendly relations. Legacy of Maharaja Ranjit Singh Maharaja Ranjit Singh, the founder of the Sikh Empire, is a revered figure among Sikhs. Celebratory events honoring his legacy are of significant importance to the community. This initiative underscores positive collaboration between India and Pakistan, emphasizing the importance of fostering religious exchanges and reinforcing bilateral ties.

Pakistan

Over 30,000 Police Officers Deployed for Muharram Security

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Extensive Police Deployment for Muharram Security In Lahore, Punjab Police have deployed over 30,000 officers and personnel to ensure the security of Muharram processions and gatherings on the third of Muharram. This widespread operation was conducted province-wide on Friday. Details on Security Measures A spokesperson for Punjab Police stated that the province hosted 148 mourning processions and 3,843 Majalis. In Lahore alone, 10 major events were held. The deployment aims to safeguard participants and maintain peace during these religious gatherings. Collaboration and Monitoring Efforts The police strategy includes working closely with local administrations and other security forces. Such collaboration is crucial for the effective monitoring of sensitive areas to prevent any disruptions during Muharram activities.

Sports

Pakistan Duo Advances to Asian Doubles Squash Semifinals

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ISLAMABAD — Pakistani squash players Noor Zaman and Nasir Iqbal have advanced to the semifinals of the 3rd Asian Doubles Squash Championships 2026. They achieved this milestone by defeating South Korea’s Oh Seojin and Lee Minwoo in a challenging quarterfinal match. Quarterfinal Victory The match was intense, with Zaman and Iqbal showcasing remarkable skill. They won with scores of 10-12, 11-4, 11-2. The thrilling contest lasted 28 minutes, highlighting their determination and prowess on the court. Elimination for Other Pakistani Players In a setback for the Pakistani team, players Muhammad Hamza Khan and Muhammad Asim Khan were eliminated in their quarterfinal match. This outcome marked a disappointing end to their championship run. About the Asian Doubles Squash Championships The Asian Doubles Squash Championships feature top athletes from across the continent. Competitors engage fiercely to claim regional supremacy in the sport of squash.

Sports

PTF Awards Rs 4 Million to Players for Achievements

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ISLAMABAD — The Pakistan Tennis Federation (PTF) has awarded Rs 4 million to its tennis players and coaches. This incentive highlights the exceptional performances of the athletes in both national and international competitions from February to May 2026. Recognition of Tennis Achievements The PTF’s initiative demonstrates its commitment to encouraging talent and rewarding success on both global and domestic stages. By providing performance-based funding, the federation aims to enhance the morale of athletes representing Pakistan. Enhancing Pakistan’s Sports Reputation This award period marked a particularly successful phase for Pakistani tennis players, whose remarkable achievements have significantly elevated Pakistan’s reputation in the international sports community.

Business

Port Qasim Sees Surge in Shipping Activity

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KARACHI — Port Qasim is witnessing a significant surge in shipping activity. At present, container vessels Albert-P and Nile Dutch Lion are docked at Container Terminals 1 and 2. Additionally, the ships Aquavita Trust and Dayra Anita, carrying 101,759 tonnes of coal, arrived at the outer anchorage within the last 42 hours. Recent Departures and Arrivals Over the past 24 hours, nine ships have been active at the Port Qasim Authority (PQA) berths. On Friday morning, Nile Dutch Lion and Kouros Diamond set sail. Meanwhile, Rhine, Metro Mistral, and Meghna Venus are scheduled to depart by the afternoon. Cargo Volume and Shipments Port Qasim handled a cargo volume of 197,148 tonnes in the past 24 hours. This includes 170,819 tonnes of imported goods and 26,329 tonnes of export cargo. Containerized cargo comprised 5,966 containers, with 5,172 TEUs for imports and 1,815 TEUs for exports. Upcoming Shipping Activity Currently, 11 ships are stationed at the port’s outer anchorage. On Friday, Obe Grande, Aquavita Trust, and MSC Tia V are scheduled to berth at Pakistan International Bulk Terminal, Hutchison Ports Qasim, and Qasim International Container Terminal, respectively. Furthermore, two container ships, MSC Maxico V and Safeen Power, are expected to arrive at Port Qasim on Saturday.

Business

National Bank of Pakistan Releases Latest Currency Rates

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KARACHI — The National Bank of Pakistan (NBP) has unveiled the latest currency exchange rates for Friday. These updates are pivotal for traders and consumers dealing in international currencies. Major International Currencies United States Dollar (USD): The selling rate stands at 280.04 PKR, while the buying rate is 277.04 PKR. British Pound (GBP): Recorded at a selling rate of 369.26 PKR and a buying rate of 364.90 PKR. Euro (EUR): Trades with a selling rate of 320.42 PKR and a buying rate of 316.64 PKR. Asian Currencies In the Asian market, the Japanese Yen (JPY) shows a selling rate of 1.7355 PKR and a buying rate of 1.7151 PKR. Gulf Region Currencies United Arab Emirates Dirham (AED): Exhibits a selling rate of 74.61 PKR and a buying rate of 73.74 PKR. Saudi Riyal (SAR): Available at a selling rate of 76.26 PKR and a buying rate of 75.36 PKR.

Business

Gold Prices Drop by Rs14,900 Per Tola

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ISLAMABAD — On Friday, gold prices in Pakistan saw a significant drop. The price of 24 karat gold decreased by Rs14,900 per tola, reaching a new rate of Rs438,036, according to the All Pakistan Sarafa Gems and Jewellers Association. Market Influences The dip in gold prices is due to fluctuations in both local and international markets. These changes are influencing the purchasing decisions of both consumers and investors. The volatile market conditions are closely monitored by analysts for potential future impacts. Impact on Investments Market analysts suggest that the fall in gold prices could notably alter gold sales and investment patterns across Pakistan. Financial experts are observing this shift as it reflects broader economic trends. The adjustment is indicative of changing dynamics within the economy, prompting strategic reassessment by investors.

Business

Weekly Inflation Rises by 0.46 Percent in Pakistan

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ISLAMABAD — The Pakistan Bureau of Statistics (PBS) has reported a 0.46 percent increase in weekly inflation for the period ending June 18, 2026. This rise is derived from the Sensitive Price Indicator (SPI) for the combined consumption group, affecting the overall economic conditions. Rising SPI Points The Sensitive Price Indicator shifted from 356.11 points to 357.76 points during the week under review. This indicator is crucial for assessing financial pressure on households, especially when purchasing necessary goods. Economic Challenges for Consumers According to data from PBS, consumers continue to experience challenges due to the fluctuating economic conditions in Pakistan. The recent rise in inflation underscores the financial constraints that households face in the current market environment.

Business

Cabinet Committee Approves Key State-Owned Enterprise Appointments

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ISLAMABAD — The Cabinet Committee on State-Owned Enterprises (CCoSOEs) has approved essential board appointments and reviewed important governance issues concerning state-owned entities. Meeting Overview Senator Muhammad Aurangzeb, the Federal Minister for Finance and Revenue, led the session at the Finance Division. The primary objective was to enhance control and management strategies for these enterprises. Key Participants and Discussions The meeting featured Federal Minister for Commerce Jam Kamal and other prominent officials. They discussed various policy measures aimed at refining the governance framework of state-owned enterprises. Core discussions focused on: Improving governance structures Strengthening financial management Enhancing accountability mechanisms Impact on the Corporate Sector The strategic decisions from the meeting are part of ongoing efforts to boost efficiency and accountability within the corporate sector. These newly sanctioned appointments are set to enhance both management and operational capabilities, contributing to economic growth.

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