US Charge d’Affaires Natalie A Baker speaks in this photo, December 10, 2025. — Screengrab via X/@usembislamabad Exim funding to aid Reko Diq operations.Project expected to create thousands of jobs.US sees model for future mining partnerships.ISLAMABAD: US…
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Govt reduces petrol price by Rs4 per litre; diesel kept unchanged
Vehicles wait for their turn to get fuel at a petrol station in Islamabad, April 2, 2026. — ReutersNew petrol price fixed at Rs377.78 per litre.Diesel price kept unchanged at Rs380.78.New rates to come into effect starting June 6.
The federal government on Friday slashed petrol…
Brent oil tops $90 as US, Iran expand strikes in the Middle East
An oil pump jack pumps oil in a field near Calgary, Alberta, Canada on July 21, 2014. — Reuters Brent, WTI at over one-month high.Iran’s Guards say two oil tankers ‘exploded’ in Strait of Hormuz.Number of ships transiting the strait stays low over the weekend.
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Two firms acquire 56% interest in Pearl Continental Hotels for over Rs12bn
An outside view of PC Hotel building in Karachi. — PC Hotels website/FileDawood Jan Muhammad acquires 9,107,800 for over Rs6.3bn.AKD Holding gets 9,089,651 shares of Pakistan Services Limited.PSL’s shares acquired by two entities at the rate of Rs700 per share.