Wednesday, March 4th, 2026
Aurangzeb chairs meeting on regional energy situation
ISLAMABAD, MAR 4 /DNA/ – The Committee to Monitor Petrol Prices in the Wake of the Emerging Situation in the Region, constituted by the Prime Minister, met again today under the chairmanship of the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, at the Finance Division. The Committee continued its deliberations on the evolving regional and global energy situation and undertook a detailed review of petroleum stock levels and supply chains across the country. Participants were briefed on country stock levels of crude oil and refined petroleum products, includingRead More
OGRA assures public of adequate fuel stocks, warns against hoarding
ISLAMABAD, MAR 4 /DNA/ – In a bid to ensure the continuous supply of petroleum products and maintain market stability during times of price volatility, the Oil and Gas Regulatory Authority (OGRA) has clarified that Oil Marketing Companies (OMCs) may temporarily regulate the supply of fuel to retail outlets. According to an official statement issued by OGRA Spokesman Imran Ghaznavi, this measure involves basing supplies on the historical sales patterns of individual petrol pumps. The regulator described this as a “standard supply management practice” designed to prevent disruptions in theRead More
Minister applauds ramadan gathering for fostering national unity
ISLAMABAD, MAR 4 /DNA/ – Federal Minister for Parliamentary Affairs Dr. Tariq Fazal Chaudhry said that the business community is the backbone of Pakistan’s economic development. He stated that the government is taking practical steps to promote business-friendly policies, encourage investment, and ensure economic stability. He expressed these views while addressing an Iftar dinner hosted in his honor by UBG Secretary General Zafar Bakhtawari, Ahsan Bakhtawari, and Waqar Bakhtawari. On this occasion, the guest of honor, President of FPCCI Atif Ikram Sheikh, along with Senator General Abdul Qayyum, MPA MalikRead More
Ambassador Azhar offers Malaysia’s condolences to Iran in Islamabad
ISLAMABAD, MAR 4 /DNA/ – Malaysia’s High Commissioner to Pakistan, Ambassador Dato’ Mohammad Azhar Mazlan, visited the Embassy of the Islamic Republic of Iran in Islamabad on Wednesday to offer his country’s official condolences on the passing of Iranian Supreme Leader Ali Khamenei. During his visit, the High Commissioner signed the Book of Condolence opened at the Iranian diplomatic mission. Ambassador Azhar conveyed Malaysia’s deepest sympathies to the Iranian government and its people during this period of national mourning. He acknowledged the late Supreme Leader’s pivotal and enduring role inRead More
Afghan instability costs Pakistan billions in trade losses: IRS
ISLAMABAD, MAR 4 /DNA/ – Speakers at a policy dialogue hosted by the Institute of Regional Studies (IRS) warned that Afghan-based insecurity and recurring border closures are inflicting multi-billion-dollar losses on Pakistan’s trade, transit potential and regional connectivity plans. The dialogue—“Terror’s Economic Toll: Pakistan’s Trade Losses from Afghan-Based Insecurity”—was held at IRS, Islamabad, on February 26, 2026. IRS President Ambassador Jauhar Saleem said Pakistan’s geographic advantage as a bridge between South and Central Asia can deliver growth only if border operations remain predictable and reliable. He noted that repeated disruptionsRead More
Ambassador Varga highlights strong potential for bilateral trade growth
ISLAMABAD, MAR 4 /DNA/ – Ambassador of Hungary Dr. Zoltan Varga has said that Hungary and Pakistan enjoy traditionally friendly diplomatic relations and both countries have significant potential to enhance bilateral trade and investment cooperation. He expressed these views while addressing an interactive session at the Islamabad Chamber of Commerce and Industry (ICCI) on Wednesday. The ambassador said that Pakistan and Hungary celebrated the 60th anniversary of the establishment of diplomatic relations last year, which was marked by a number of business engagements between the two countries. He said thatRead More