Wednesday, March 26th, 2025
US adds 80 firms including from Pak to export blacklist
WASHINGTON: The United States has added 80 companies from various countries, including Pakistan, to its export blacklist. The US added six subsidiaries of Inspur Group, China’s leading cloud computing and big data service provider, and dozens of other Chinese entities to its export restriction list on Tuesday. The Inspur units were listed for contributing to the development of supercomputers for the Chinese military, the Commerce Department said in a posting. Five of the subsidiaries are based in China and one in Taiwan. Inspur Group itself was placed on the listRead More
Iran envoy lauds Pakistan support to people of Gaza
Iranian Ambassador’s Remarks on International Quds Day: A Call for Unity and Solidarity with Palestine DNA ISLAMABAD: Ambassador of Iran to Pakistan Reza Amiri-Moghaddam has extended special gratitude to the government and people of Pakistan for their strong, courageous stance on Palestine. He emphasized how Pakistan’s vocal support and media coverage have played a pivotal role in raising awareness about the Palestinian plight on the global stage. He expressed these views while speaking on the occasion of Quds Day. The Ambassador reminded the audience that International Quds Day, established byRead More
Australian envoy hosts Iftar for Rising Stars Hockey Club
ISLAMABAD, MAR 26 /DNA/ – High Commissioner of Australia Neil Hawkins hosted iftar dinner for players of the Rising Stars Hockey Club (men and women), at his residence. Seen in the picture are High Commissioner of Brunei Kamal Ahmad, DHM Romanian embassy Edaurd Preda, Olympian Khawaja Junaid, Mehmood Ahmad, Sohail Janjua, Ansar M Bhatti, Imran, Azeem, Nasir, Khyber, Hassan, Awan and others. DNA
Israel escalates financial war on Palestine amid Gaza conflict
RAMALLAH, MAR 26 /DNA/ – Government Communication Center – The Palestinian Ministry of Finance has confirmed that the Israeli occupation authorities have blocked the transfer of approximately NIS 7 billion in Palestinian clearance revenues since 2019, deepening the financial crisis facing the Palestinian Government. In a statement issued Tuesday, the Ministry said that the Israeli occupation authorities justify blocking the transfer of these funds to the Palestinian Government under several false pretexts, including: ▪︎ Allocations for Gaza – NIS 2 billion have been withheld under this allegation. ▪︎ Allocations forRead More
PM Shehbaz stresses need to eliminate debt, ensure economic stability
ISLAMABAD: Hailing the successful conclusion of a staff-level agreement with the International Monetary Fund (IMF) for a new $1.3 billion arrangement, Prime Minister Shehbaz Sharif emphasised the need to eliminate debt and pave the way for sustainable economic growth. Addressing the federal cabinet meeting on Tuesday, the premier acknowledged that achieving economic stability is a long and challenging journey but expressed confidence that Pakistan will progress through relentless hard work and dedication. The prime minister also commended the collective efforts of the deputy prime minister, finance minister, planning minister, commerceRead More
Decoupling of politics from trade urged to protect Pak-Afghan trade
ISLAMABAD, MAR 26 /DNA/ – Politics and trade should be treated separately to ensure that political tensions do not disrupt bilateral economic activities between Pakistan and Afghanistan. Given the significant complexities involved, achieving this would require exceptional diplomacy from both sides. Despite ongoing political challenges, trade and economic cooperation must continue uninterrupted through a structured approach to enhance competitiveness, address transit trade issues, and improve trade facilitation mechanisms. This was conveyed during a session on ‘Pakistan-Afghanistan Economic and Trade Ties’ held at the Institute of Policy Studies (IPS), Islamabad. TheRead More