Iran sends response to US proposal through Pakistan, says IRNA
DUBAI: Iran has sent its response to a United States proposal aimed at ending the ongoing regional conflict through Pakistan, according to Iran’s state news agency IRNA. The…
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Pakistan to launch first Panda bond in Chinese capital market next week
ISLAMABAD: Pakistan is expected to enter China’s capital market for the first time next week through the launch of a yuan-denominated Panda bond, Finance…
EU bans airlines from adding fuel surcharges after ticket bookings
BRUSSELS: The European Union has barred airlines from imposing additional fuel surcharges on passengers after tickets have already been purchased, reinforcing consumer protection rules…
Iran sets up Strait of Hormuz authority to collect tolls from ships
DUBAI: Iran has established a new authority to regulate vessel transit and collect tolls from ships passing through the Strait of Hormuz, according to…
Trump gives EU July 4 deadline to avoid major new US tariffs
WASHINGTON: US President Donald Trump has warned the European Union that Washington could impose significantly higher tariffs on European goods, including automobiles, if the…
Middle Eastern banks expand Hong Kong operations to strengthen China links
HONG KONG: Leading Gulf banks are rapidly expanding their presence in Hong Kong as financial institutions from the Middle East seek closer access to…
Pakistan mediates as US and Iran near breakthrough Gulf conflict deal
ISLAMABAD/WASHINGTON: The United States and Iran are moving closer to a potential breakthrough agreement aimed at ending the Gulf conflict, with Pakistan continuing to…
Asia faces uneven impact of energy crisis as Iran war disrupts oil supplies
SINGAPORE, May 5 — Asia is facing a growing energy crisis as the Iran war disrupts oil supplies, pushing up costs and slowing economic…
Middle East truce under strain as US and Iran clash over Strait of Hormuz
DUBAI/WASHINGTON, May 5 — Rising US-Iran tensions in the Strait of Hormuz are putting a fragile Middle East truce at risk, with fresh reports…
Singapore leads global passport rankings, Pakistan placed 98th in Henley Index
ISLAMABAD — Singapore has once again ranked as the world’s most powerful passport in the latest Henley Passport Index, while Pakistan is placed 98th,…