8+ hour, 28+ min ago   (223+ words) Iran meets Gulf states in Oman to discuss Strait of Hormuz security, aiming to strengthen regional cooperation amid ongoing tensions with the US over the vital waterway. TEHRAN: Iran’s upcoming meeting with Gulf states in Oman on Monday to discuss…...

10+ hour, 7+ min ago   (973+ words) Pakistan faces a widening trade deficit due to declining exports and surging imports. Structural reforms in tariff policy and energy costs, inspired by Cambodia's success, are crucial to boost competitiveness and avoid further crises. Pakistan’s external trade is flashing another…...

8+ hour, 41+ min ago   (249+ words) DOONBEG: US President Donald Trump reiterated on Sunday that he expected the Iran war to end this year, possibly just after midterm elections due in the United States in November, resulting in a drop in oil prices. “Iran will end…...

11+ hour ago   (949+ words) Business Recorder - Low taxation, inadequate investment, weak exports, poor education contributed to Pakistan's failure to transform Pakistan's economic stagnation, compared to peers like South Korea, stems from a "Prisoner's Dilemma" where rational individual choices create collective economic failure due to…...

10+ hour ago   (527+ words) Drone attacks on Saudi Arabia's key east-west oil pipeline threaten to halt exports within days, potentially cutting global supply by 4% and worsening the existing fuel crisis. LONDON: Saudi Arabia will run out of oil stocks for exports if it doesn’t…...

11+ hour ago   (949+ words) Pakistan’s economic prisoner’s dilemma: Why rational choices keep producing irrational economy Business Recorder - Low taxation, inadequate investment, weak exports, poor education contributed to Pakistan's failure to transform Pakistan's economic stagnation, compared to peers like South Korea, stems from a "Prisoner's…...

10+ hour, 51+ min ago   (660+ words) Despite the UAE's announced trade suspension with Iran, informal trade and financial ties persist in Dubai, sustained by a large Iranian community and historical economic interdependence. DUBAI: In the markets of old Dubai, saffron, cumin, pistachios and almonds from Iran…...

11+ hour, 13+ min ago   (594+ words) PM Shehbaz Sharif condemned Houthi attacks on Saudi Arabia in a call with Crown Prince Mohammed bin Salman, expressing solidarity and discussing regional peace efforts. Prime Minister Muhammad Shehbaz Sharif on Sunday held a telephone conversation with Saudi Crown Prince…...

11+ hour, 38+ min ago   (603+ words) Pakistan's PM announced a fuel relief scheme offering Rs100/litre subsidy for motorcycles, rickshaws, and small cars to mitigate rising petrol costs. Prime Minister Shehbaz Sharif on Sunday announced a special fuel relief scheme to cushion the impact of rising petrol…...

12+ hour, 59+ min ago   (250+ words) An Israeli airstrike in Gaza killed two Palestinians and wounded 13, with Israel claiming it targeted Hamas militants. This occurred despite a 2025 ceasefire, which both sides accuse each other of violating. CAIRO: An Israeli airstrike on Sunday killed at least two…...