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Pakistan has made arrangements to repay a $500 million Eurobond by September 30 , according to sources in the Ministry of Finance. Officials confirmed that the repayment will not place any burden on the country’s foreign exchange reserves. Governor of the State Bank of Pakistan, Jamil Ahmed, also confirmed the arrangements. Of the $26 billion in external debt due during the current fiscal year, $3.5 billion has already been repaid. This includes $1.5 billion in payments and $2 billion through rollovers, as per Finance Ministry sources. Officials said the remaining external debt will also be repaid on time. The government…
Pakistani actress Dananeer Mobeen has already captivated the attention of fans, with her acting prowess and active presence on the social media platform. Taking to Instagram, she is spotted at any unnamed restaurant, where she is seen eating healthy food to leave her fans swooned. In the photos, she is seen wearing a blackish attire. In each of the clicks, she is seen posing for the photos differently in a striking way. For the description of the post, Dananeer captioned: “Many a moods but hey, you’ve got a nice view.” Fans started to pen their feedback and went on…
The Punjab government is considering a proposal to waive registration and semester fees for students studying in public colleges and universities in flood-affected areas. The initiative aims to ease the financial burden on families hit hardest by the natural disaster. Proposal for fee waiver Punjab Education Minister Rana Sikandar Hayat confirmed that he has formally proposed the fee relief plan to Chief Minister Maryam Nawaz. The proposal includes a complete waiver of registration and semester fees for students enrolled in government colleges and universities across the flood-hit regions. “The final decision will be made after the approval of the chief…
According to the 2025 World Trade Report, artificial intelligence (AI) could increase the value of cross-border goods and services by nearly 40% by 2040 with the right enabling policies, due to productivity gains and lower trade costs. However, the WTO Secretariat’s flagship publication states that for AI and trade to contribute to inclusive growth — with benefits shared widely — policies must be in place to bridge the digital divide, invest in workforce skills, and maintain an open and predictable trading environment. According to the report, AI could lead to significant increases in trade and GDP by 2040, with global…
The 12th Beijing Xiangshan Forum opened on Thursday at the Beijing International Convention Center, featuring a new section called “High-end Dialogues.” The dialogue brought together experts and scholars from China and abroad, highlighting the forum’s role as a high-level platform for international exchanges. During an interview session, Mustafa Mahdi Al-Ramah, president of the Iraqi Defense University for Military Studies, praised China’s achievements in infrastructure and education. He expressed hopes for stronger cooperation with China, saying: “If participating countries are willing to move toward the outcomes of such meetings, I believe they will be effective.” Held under the theme “Upholding International…
Chinese tech giant Huawei announced its latest high-performance AI chip clusters at the annual Huawei Connect conference on Thursday in Shanghai, calling them the “world’s most powerful” for AI computing. “Computing power is – and will continue to be – key to AI. This is especially true in China,” said Eric Xu, Huawei’s deputy chairman of the Board and the current rotating chairman. The company is developing a “supernode + supercluster” computing solution, leveraging China’s available semiconductor manufacturing processes to sustainably meet long-term computing demand, Xu said. Nodes are like a rack system that contains numerous chips, which are then…
Chinese President Xi Jinping’s special envoy and Minister of Ecology and Environment Huang Runqiu attended Papua New Guinea’s (PNG) 50th independence anniversary celebrations from Monday to Wednesday. He was there at the invitation of the government of the Independent State of Papua New Guinea. During the visit, Huang met with PNG Governor-General Bob Dadae and Prime Minister James Marape. Extending congratulations on PNG’s 50th independence anniversary, Huang said China and PNG, under the strategic guidance of the leaders of the two countries, have achieved steady development in bilateral relations, yielding fruitful results in cooperation in various areas. Noting that next…
ISLAMABAD (DI NEWS) : President Asif Ali Zardari on Friday departed from Urumqi for Kashgar as part of his official visit to China. The Vice Governor of Xinjiang province bid farewell to the president at the airport. Senior Chinese and Pakistani officials were also present on the occasion.
ISLAMABAD (DI NEWS) : President Asif Ali Zardari on Friday witnessed the signing of three Memorandums of Understanding (MoUs) between Pakistani and Chinese enterprises to expand cooperation in different sectors. The first MoU was signed between Loyang Modern Biotechnologies and the Government of Sindh, represented by Minister Nasir Shah. It focuses on modernising Pakistan’s livestock industry. The second MoU was signed between Beijing Asian Africa Longyue and ASM Services. It relates to the promotion and construction of a modern textile industrial park in Pakistan. The third MoU was signed between Sichuan Chuanxiao Fire Trucks Manufacturing Company and ASM Services. It…
Pakistan has told the UN Security Council that terrorism emanating from Afghanistan remains the “gravest threat” to national security, and urged Taliban authorities across the border to fulfil their international counterterrorism obligations. “The TTP (Tehreek-e-Taliban Pakistan), with nearly 6,000 fighters, remains the largest UN-designated terrorist group on Afghan soil,” Ambassador Asim Iftikhar Ahmad, Pakistan’s permanent representative to the United Nations, stated during a debate on the situation in Afghanistan. Pakistan, he claimed, had foiled multiple infiltration attempts by TTP and BLA (Balochistan Liberation Army) terrorists from across Afghanistan, seizing significant caches of sophisticated military-grade modern equipment left behind by international…
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