Pakistan’s default risk worsens

The perception of Pakistan’s risk of default has worsened with the five-year credit default swap (CDS) surging by 30 percentage points in a week to…

Govt shares revised budget framework with IMF

Despite the worst flood in the country‘s history and hundreds of billions of rupees in unbudgeted subsidies, Pakistan has initially projected only Rs990 billion fiscal…

FIFA World Cup: Saudi Arabia declares public holiday over Argentina win

The Kingdom of Saudi Arabia has declared Wednesday (November 23) a public holiday to celebrate its historic win against favourites Argentina in a FIFA World…

China helps 35 Pakistani students to become e-commerce Owners.

With the mutual cooperation of Islamabad and Beijing, a total of 35 Pakistani students have been able to become owners of e-commerce companies in the…

Moscow unveils N-Powered icebreaking vessel.

President Vladimir Putin on Tuesday oversaw the launch of a new nuclear-powered icebreaker as Russia pushes to develop the Arctic and seeks new energy markets…

Gwadar’s Eastbay Expressway: Another Jewel in the Crown of CPEC

Good news for Gwadar and CPEC, as the Eastbay Expressway is now fully operational. The Gwadar Port’s major artery, Eastbay Expressway, is where all of…