2026

Pakistan

President, PM Mourn PAF Training Aircraft Crash Victims

ISLAMABAD — President Arif Alvi and Prime Minister Shehbaz Sharif have expressed profound grief over the tragic loss of life in the recent Pakistan Air Force (PAF) training aircraft crash. Victims of the PAF Aircraft Crash The crash claimed the lives of two dedicated officers: Flight Lieutenant Muhammad Qasim Abdullah Lieutenant Taha Abbasi, who was affiliated with the Pakistan Navy Tributes from National Leaders National leaders, including President Alvi and Prime Minister Sharif, paid heartfelt tributes to these officers. They highlighted the officers’ dedication and unwavering sacrifice for the nation. Details of the Incident The incident occurred during a routine training mission involving a Pakistan Air Force aircraft. Authorities have launched a thorough investigation to uncover the cause of the crash.

World

Pakistan Ulema Council Applauds Role in Iran-US Peace Agreement

ISLAMABAD — The Pakistan Ulema Council has commended Pakistan’s crucial involvement in the peace agreement between Iran and the United States. This significant achievement bolsters Pakistan’s standing as a leader in global peace and stability. Pakistan’s Diplomatic Engagement Hafiz Muhammad Tahir Mehmood Ashrafi, serving as the Prime Minister’s Coordinator and Chairman of the Pakistan Ulema Council, lauded this diplomatic achievement. In a statement on Monday, he highlighted Pakistan’s dedication to brokering the historic accord, which aims to reduce tensions and enhance regional stability. This diplomatic success underscores Pakistan’s commitment to international peace initiatives and its influential role on the global stage. Nationwide Observance Declared The Pakistan Ulema Council has announced June 19 as a ‘Day of Thanksgiving and Prayer.’ This nationwide observance celebrates the diplomatic victory, encourages citizens to show gratitude, and reinforces hopes for sustained peace efforts.

Pakistan

Governor Kundi Mourns PAF Aircraft Crash in Mardan

ISLAMABAD — Faisal Karim Kundi, the Governor of Khyber Pakhtunkhwa, expressed profound sorrow over the Pakistan Air Force (PAF) training aircraft crash in Mardan. This tragic event resulted in the deaths of two pilots, one from the Pakistan Air Force and another from the Pakistan Navy. Governor Offers Condolences Governor Kundi offered heartfelt condolences to the families of the deceased pilots. He praised their immense sacrifice and unwavering dedication to the nation. The crash has caused deep grief among both military and civilian communities. Crash Details The PAF training aircraft was on a routine mission when the crash occurred. Authorities have yet to release detailed information regarding the cause of this tragic accident.

Pakistan

Storms and Rains Leave Seven Dead, 33 Injured in Khyber Pakhtunkhwa

PESHAWAR: Over the past 24 hours, severe weather in Khyber Pakhtunkhwa has tragically led to seven deaths and 33 injuries. This was reported by the Provincial Disaster Management Authority (PDMA). Impact of Severe Weather The region has faced heavy rains, strong winds, and frequent lightning strikes. These conditions have caused significant damage within several districts, severely impacting local communities and damaging infrastructure. Government Response The PDMA, in collaboration with local agencies, is actively assessing the situation. Efforts are underway to provide essential assistance to affected individuals. Emergency services are prioritizing the most impacted areas to ensure resident safety and well-being. Warnings and Precautions The provincial government advises residents to exercise caution, as further adverse weather conditions are predicted. Staying informed and adhering to safety guidelines are critical to minimizing risk during this period.

Pakistan

Trump: Iran Peace Deal Imminent, Criticizes Israel for Delay

WASHINGTON — US President Donald Trump has announced that a peace deal with Iran is nearing completion and is expected to be signed soon. He has criticized Israel, blaming it for delays caused by an airstrike in Beirut. Criticism of Israel During the final stages of negotiation, Trump condemned the Israeli airstrike, highlighting its poor timing, which delayed the agreement’s signing. In a phone interview with Axios, he remarked, “It delayed the signing by a few hours. It was supposed to be now. Now it is scheduled for a few hours from now.” Trump expressed his disapproval to Israeli Prime Minister Benjamin Netanyahu, stressing the strike’s timing impact. Nevertheless, he reaffirmed that negotiations are advancing. Restraint and Dialogue Trump has urged all involved parties to exercise restraint and remain committed to open dialogue. This commitment is crucial for the successful completion of the agreement. Optimism from Pakistan Pakistan’s Prime Minister Shehbaz Sharif remains optimistic about finalizing the agreement within a day, noting negotiations are in the final stages. Iran, however, insists that the deal should address the broader regional conflict, including actions against Hezbollah fighters in Lebanon. Imminent Agreement Despite delays from the Israeli airstrike, Trump assured that the peace deal, aimed at stabilizing the region, including Lebanon, is imminent. He called on all parties to “stand down.” Although recent events have caused setbacks, continued open communication channels offer hope for reaching a final accord.

Business

17th Brand of the Year Awards 2026 Held in Karachi

The 17th edition of the Brand of the Year Awards 2026 was held in Karachi at a local hotel. The event featured Federal Minister for the Board of Investment, Qaiser Ahmed Sheikh, as the chief guest. Investment and Economic Growth Minister Sheikh emphasized strengthening Pakistan’s business environment. He highlighted the roles of investment, innovation, and export-driven growth as crucial for economic development. Entrepreneurs were recognized for their significant contributions to this process. Encouraging Exports Sheikh advocated for increasing exports and simplifying business processes in Pakistan. He argued that these are essential for achieving nationwide economic prosperity. Promoting Pakistan as a Business Hub The minister stressed the importance of positioning Pakistan as a competitive business and investment destination. He urged the government to create more opportunities for the youth and discussed ongoing reforms to facilitate easier investment. At the end of his speech, Minister Sheikh distributed the brand awards, celebrating excellence across the business sector.

Business

Karachi Port Reaches Eight-Year High with 2,000 Ship Calls

KARACHI — Karachi Port has marked a significant milestone by handling over 2,000 vessel calls, achieving an eight-year high. This accomplishment underscores a consistent rise in maritime trade, cementing the port’s role as Pakistan’s main gateway for international commerce. Enhancements in Port Infrastructure The growth in shipping traffic is largely due to major improvements in port infrastructure and operational efficiency. These advancements have increased the port’s capacity, enabling it to accommodate a greater number of vessels. Consequently, it strengthens its position as a key hub for Pakistan’s import and export activities. Contribution to the National Economy Karachi Port is vital to the national economy, playing a crucial role in import and export logistics. As a significant avenue for global commerce, the port invigorates economic activity through strategic enhancements and alliances with international shipping lines. Strategic Collaborations and Advancements Port authorities attribute the surge in activities to operational advancements and strategic collaborations with international shipping companies. These efforts not only expand the port’s capacity but also provide economic benefits, enhancing Karachi Port’s reputation within the regional maritime trade network.

Business

NBP Releases Monday’s Major Currency Exchange Rates

KARACHI — The National Bank of Pakistan (NBP) has announced Monday’s currency exchange rates, offering critical insights into current financial market trends. Exchange Rates Overview The NBP has established the following official buying and selling rates for significant global currencies: US Dollar and British Pound US Dollar: Sells at 280.09 PKR, buys at 277.09 PKR. British Pound: Sells at 376.55 PKR, buys at 372.12 PKR. Euro and Japanese Yen Euro: Sells at 325.05 PKR, with a buying rate of 321.23 PKR. Japanese Yen: Sells at 1.7500 PKR, buys at 1.7294 PKR. Middle Eastern Currencies UAE Dirham: Sells at 74.64 PKR, buys at 73.76 PKR. Saudi Riyal: Selling rate is 76.26 PKR, buying rate is 75.36 PKR.

Business

NBP Releases Latest Currency Exchange Rates

The Treasury Management Division of the National Bank of Pakistan (NBP) has released the latest currency exchange rates as of Monday. These rates provide vital insights into the buying and selling prices of various global currencies. US Dollar and Euro Exchange Rates The NBP has established the exchange rate for the US dollar at 278.70 for TT selling and 278.20 for TT buying. The euro is priced at 323.43 for selling and 322.85 for buying. Exchange Rates for Major Currencies British Pound The British Pound is available at a selling price of 374.68 and a buying price of 374.01. Japanese Yen The Japanese Yen has a selling rate of 1.7413, with a buying rate of 1.7382. Swiss Franc The Swiss Franc exchange rate is 351.18 for selling and 350.55 for buying.

World

US and Iran Agree to Ceasefire in Pakistan-Brokered Deal

WASHINGTON — The United States and Iran have reached a ceasefire agreement mediated by Pakistan. This accord aims to extend the truce and facilitate the reopening of the Strait of Hormuz, a crucial maritime trade route. This strategic move seeks to advance discussions that could possibly end the prolonged conflict, which has resulted in significant loss of life and disrupted the global economy. Ceasefire Confirmation On Sunday, the ceasefire agreement received confirmation from US President Donald Trump. This pivotal step aims to set the foundation for further negotiations between the two nations. Upcoming talks will concentrate on resolving the tensions that have been escalating for months. Future Negotiations Future negotiations are expected to address the root causes of the conflict, seeking peaceful resolutions. These discussions will aim to stabilize the region and promote a long-term peace strategy. International Diplomatic Efforts United Nations Secretary-General Antonio Guterres has praised the accord, highlighting the essential role of diplomatic efforts in achieving lasting peace. The reopening of the Strait of Hormuz symbolizes a significant advancement in regional stabilization. This development is crucial for ensuring the flow of international commerce, thereby enhancing global economic stability.

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