Smoke is seen above Dubai on March 13, 2026. — AFPPARIS: Here are the latest economic events in the Middle East war on Friday:Kharg Island bombedPresident Donald Trump said the US heavily bombed military targets on Iran’s Kharg Island, which handles almost all of the…
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Pakistan launches virtual asset licensing regime, sets September 5 deadline
A representation of cryptocurrencies are seen in this illustration. — Reuters/File
ISLAMABAD: Pakistan has completed its virtual asset licensing framework in less than six months, with existing virtual asset service providers required to submit applications by September 5 or cease…
Oil hits one-month high as US, Iran step up attacks in Strait of Hormuz
Sunset clouds glow over pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau region, Kazakhstan, April 21, 2026. — ReutersBrent, WTI gain nearly 3% in early tradeLatest US-Iran escalation adds premium in oil market.Number of tankers transiting Hormuz slips to…
‘Persistent corruption, elite capture’ undermining Pakistan’s economic growth: IMF
The IMF headquarters building is seen ahead of the IMF/World Bank spring meetings in Washington, US, April 8, 2019. —ReutersIMF links new governance report to $1.2bn EFF tranche.Fund demands immediate launch of 15-point reform agenda.Complex tax system and weak oversight fuel…