The Gwadar project is envisioned as a deep-sea port, airport, road network and special economic zone. — XinhuaIran has closed and reopened the Strait of Hormuz several times since the US-Iran war began in February. When operating normally, ships transport about a fifth of global…
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SBP chief expects broader recovery than IMF forecast
Governor State Bank of Pakistan Jameel Ahmad adrressing a press conference at State Bank of Pakistan in Karachi on July 29, 2025. — APPRecovery is broad-based despite export weakness: SBP chief.Policy rate held at 10.5% after 1,150 bps of cuts since 2024.Structural reforms…
PIA halts Canada flights operations for aircraft maintenance
A PIA aircraft pictured up close on a runway. — AFP/FileCanada flight operations suspended for three weeks.Airline cites maintenance of Boeing 777 aircraft.Maintenance cycle mandatory once every ten years: airline.
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