Monday, May 4th, 2026
UAE intercepts three missiles, country’s Defense Ministry says
DUBAI, MAY 4: The United Arab Emirates intercepted three missiles on Monday, the country’s Defense Ministry announced, with a fourth missile falling into the sea. The incident occured as a fire broke out in the engine room of a cargo ship 36 km north of Dubai, the United Kingdom Maritime Trade Operations Center (UKMTO) said. The ship’s crew is unharmed, the UKMTO said, adding that the cause of the fire is still unknown.
Pakistan has enough fuel until third week June
ISLAMABAD, MAY 4 /DNA/ – Deputy Prime Minister / Foreign Minister Senator Mohammad Ishaq Dar @MIshaqDar50 chaired a high-level meeting to review the country’s petroleum, oil, and lubricants (POL) stock position. The Petroleum Ministry briefed the committee on the prevailing supply situation, confirming that, after factoring in incoming shipments, sufficient stock levels are available to ensure uninterrupted availability of POL products throughout Pakistan until the third week of June 2026. The Committee was further informed that the supply situation is being continuously monitored on a daily basis through the NationalRead More
NGC completes nine major transmission projects over the last six months
Managing Director Engr. Altaf Hussain Malik Directs Expedited Completion of Ongoing Projects During Nationwide Visits LAHOER, MAY 4 /DNA/ – The National Grid Company of Pakistan (NGC) has successfully completed nine major power transmission projects over the last six months. Key achievements since November 2025 include the completion of two new grid stations, 500kV Lahore North and 220kV Quaid-e-Azam Business Park, which have significantly enhanced power transmission capacity from southern to northern regions of the country, while also enabling electricity supply to a Special Economic Zone in Punjab. During thisRead More
Address by the President of the Republic Uzbekistan Shavkat Mirziyoyev at the 59th Annual Meeting of the Board of Governors of the Asian Development Bank
SAMARKAND, MAY 4 /DNA/ – President Shavkat Mirziyoyev of Uzbekistan announced a new $12 billion cooperation program with the Asian Development Bank (ADB) on Tuesday, while proposing a series of regional initiatives including a “Central Asia Green Belt” and a “Digital Customs and Logistics Alliance” to tackle climate change and supply chain disruptions. Speaking at the 59th ADB Annual Meeting of the Board of Governors—the first time Uzbekistan has hosted the prestigious forum—President Mirziyoyev outlined his vision for a technologically driven “New Uzbekistan” and called for deeper multilateral cooperation toRead More
IRGC unveil new map of Strait of Hormuz as shipping remains at standstill
It was not immediately clear whether and to what extent the IRGC-claimed area of control has changed, with Trump saying the US would begin efforts to free up shipping. TEHRAN, MAY 4: Iran’s Islamic Revolutionary Guard Corps (IRGC) navy issued a new map of the area of the Strait of Hormuz under its control on Monday, state media reported. The area begins in the west, along a line between the westernmost tip of Iran’s Qeshm Island and the United Arab Emirates’ emirate of Umm al-Qaiwain. In the east, the areaRead More
ICCI eyes long-term Chinese partnerships for economic growth
ISLAMABAD, MAY 4 /DNA/ – President of the Islamabad Chamber of Commerce and Industry, Sardar Tahir Mehmood, has termed China’s remarkable industrial development a “beacon light” for emerging economies, urging Pakistan to adopt consistent policies and create a more conducive investment climate to attract foreign investors and accelerate economic growth. He expressed these views while talking to different visiting delegations of business leaders at the Chamber House here on Monday after returning from a week-long official visit to Guangzhou, China. During the visit, he held a series of high-level meetingsRead More