Bitcoin pioneer Michael Saylor lauds Pakistan’s crypto efforts

American entrepreneur Michael Saylor on Sunday lauded Pakistan’s efforts to move towards cryptocurrency and digital assets, according to a press release from the office of the State Minister on Blockchain and Crypto Bilal Bin Saqib. Pakistan is establishing itself as a key player in the global cryptocurrency economy and setting trends rather than following them in the digital currency…

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Business leaders slam Centre, Sindh for ignoring Karachi

• For third year, no new mega project announced for the country’s economic hub• Meagre allocations for Sukkur motorway and K-IV projects deplored KARACHI: Trade and industry leaders on Saturday strongly criticised the federal and Sindh budgets for the upcoming fiscal year, calling them deeply disappointing and discriminatory towards Karachi, the country’s economic nerve centre….

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Uzbekistan Airlines flies inaugural Pakistani route: PAA

Uzbekistan Airlines on Saturday flew its inaugural Pakistani route from Islamabad to Tashkent, marking a key moment in connectivity between the two nations, a statement from the Pakistan Airports Authority (PAA) said. Uzbekistan announced earlier this year that air routes between Karachi, Samarkand and Bukhara would be launched, describing it as a significant step to foster closer…

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Fertiliser reaches Gwadar via transit trade

Ship arrival marks efforts to operationalise Gwadar Port as strategic gateway Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Saturday welcomed the successful berthing of the second Afghan transit trade ship at Gwadar Port. The vessel, carrying 20,000 metric tons of di-ammonium phosphate (DAP) fertiliser, marks another milestone in enhancing regional trade connectivity….

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Businessmen reject both budgets

After condemning both the federal and Sindh budgets for 2025-26, business leaders called for mandatory amendments before their approval. They said neither budget fulfills serious commitments nor offers direct financial relief to micro and small businesses. They demanded substantial revisions to increase allocations for Karachi-centric development projects. The prosperity of Pakistan is tied to Karachi’s,…

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Iran mulls closing Strait of Hormuz — world’s most important oil shipping route

Negotiations “unjustifiable” amid continued Israeli attacks, says Iranian FM Abbas Araghchi TEHRAN/TEL AVIV: Amid ongoing hostilities between Iran and Israel featuring missiles and airstrikes, Tehran is seriously considering closure of the Strait of Hormuz, the world’s most important gateway for oil shipping between Oman and Iran, The News reported on Sunday. The IRINN, citing statements by a member…

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