- Islamabad, Pakistan - Pakistan reached a tentative deal to unlock a $1.1 billion tranche of an International Monetary Fund (IMF) bailout deal, the global lender said Wednesday, giving much-needed respite to the South Asian nation. Last summer, cash-strapped Pakistan sketched a $3 billion deal with the IMF as it battled a...
Asif Ali Zardari: ‘Artful dodger’ returns as Pakistan president
He has spent more than 11 years in jail, a long time even by the standards of Pakistani politicians, with a wheeler-dealer's talent for bouncing back after scandals. Back in 2009, the New York Times said he had a knack for "artful dodging" -- "maneuvering himself out of the tight...Pakistan official admits being part of election rigging
Islamabad, Pakistan - A senior bureaucrat said on Saturday he helped rig Pakistan's elections, a week after polls marred by allegations of manipulation returned no clear winner. Liaqat Ali Chattha, commissioner of the garrison city of Rawalpindi, where the country's powerful military has its headquarters, said he would hand himself over...Pakistan must move from ‘anarchy and polarization’ after election: army chief
"The nation needs stable hands and a healing touch to move on from the politics of anarchy and polarization, which does not suit a progressive country of 250 million people," said General Syed Asim Munir, according to a statement from the military.Former Pakistan PM Imran Khan handed 10-year prison term
Islamabad, Pakistan - Former Pakistan prime minister Imran Khan was sentenced on Tuesday to 10 years in prison, less than two weeks before the country votes in an election his party has been hamstrung from contesting. Pakistan goes to the polls next Thursday in an election already marred by allegations of...Pakistan and Iran vow to restore ties after cross-border strikes
Tehran carried out strikes against an anti-Iran group in Pakistan on January 16, the same week the nation's military targeted Iraq and Syria. Two days later, Pakistan responded in kind with a pre-dawn raid on "militant targets" in Iran's Sistan-Baluchistan province, one of the few mainly Sunni Muslim regions in...Firing by gunmen in Iran leaves nine foreign nationals dead
Tehran, Iran - Gunmen in southeastern Iran near the Pakistan border killed nine foreign nationals on Saturday, Iranian media reported, more than a week after the neighbors exchanged deadly cross-border fire. "According to witnesses, this morning unknown armed men killed nine non-Iranians in a house in the Sirkan neighborhood of Saravan...GCC FTA, tech MoU enhance Pakistan-Saudi relations
In landmark developments, Saudi Arabia and Pakistan have taken significant strides to enhance their bilateral relations, especially in the economic and technological arenas.Anwaar-ul-Haq Kakar sworn in Pakistan caretaker Prime Minister
Kakar's first task will be to choose a cabinet to run the country as it heads into an election period that could last for months. Parliament was officially dissolved last week, with elections due within 90 days according to the constitution.Aramco, 5 local firms to jointly work on project in Pakistan
ISLAMABAD, PAKISTAN - Five Pakistani state-owned companies are set to collaborate with Saudi Arabia’s Aramco to execute a $10 billion refinery project here. Aramco will inject the initial 30% equity into the project while Pakistan State Oil (PSO), Pak Arab Refinery (Parco), Oil and Gas Development Company Limited (OGDCL), Pakistan...IMF and Pakistan reach $3 billion stand-by deal
Pakistan's negotiations with the IMF for the last tranche of a $6.5 billion bailout package agreed in 2019 stalled in November, with the government making last-minute changes to the national budget to meet the deal's requirements. That package expires on Friday, and the new agreement builds on the IMF's efforts...Arrest may hinder Imran Khan’s path to second Pakistan innings
Islamabad, Pakistan -- Since being ousted from office by a vote of no confidence last year, former Pakistan prime minister Imran Khan has vowed he will captain the country a second time. But on Tuesday, the one-time international cricket star was arrested as he appeared at Islamabad High Court to face...Pakistani businessman exports food products to Israel
ISLAMABAD, PAKISTAN - The American Jewish Congress celebrated the arrival of the first shipment of food products from Pakistan to Israel, marking a milestone in bilateral trade between the two nations, media reports said. The transaction reportedly involved Pakistani-Jewish businessman Fishel BenKhald and three Israeli entrepreneurs. Based in Karachi, BenKhald...Muslim World League launches Ramadan Food Baskets Project in Pakistan
Islamabad, Pakistan – The Muslim World League (MWL) launched a program for distributing Ramadan food baskets in Pakistan as part of its humanitarian efforts and to complement the role Saudi relief institutions play around the world. The Muslim World League is an International Islamic NGO based in Makkah that promotes...














