Iranian workers are seen working on the Pak-Iran gas pipeline project. — AFP/FilePakistan seeks negotiated settlement with Iran over pipeline: Malik.Committee to review legal, financial and energy aspects: minister.Govt wants to avoid further complications in litigation, says…
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Pakistan seeks $4-5bn joint investment to redevelop Roosevelt Hotel
A view of The Roosevelt Hotel in midtown Manhattan in New York City, US, on February 24, 2025.Adviser will make transaction structure for hotel redevelopment.PM’s aide says govt to retain ownership under proposed model.”Govt seeks long-term benefits rather than selling high-value asset”.<p…
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Pakistan receives second US crude oil shipment
This picture taken on shows a view of an oil tanker on October 31, 2022.— AFP/FileTanker MT Albany berths at Cnergyico’s SPM terminal near Hub.Vessel carrying 1m barrels of premium West Texas Intermediate.Reflects change in traditional reliance on Middle Eastern suppliers.
Current account surplus jumps to $1.07bn in March
A foreign currency dealer counts US dollars at a shop in Karachi, Pakistan, on May 19, 2022. — AFP/FileThird consecutive monthly surplus recorded.Trade deficits narrow significantly.Saudi inflows support reserves.
Pakistan’s current account surplus widened sharply in March from the…