Pakistan to skip Ukraine peace summit due to ‘host of factors’ — Foreign Office

  • The summit being held in Lucerne on June 15-16 aims to gather support for President Zelensky’s peace proposals
  • Islamabad’s decision to skip the conference is seen as a diplomatic move to maintain neutrality on the matter
By KASHIF IMRAN ·

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Pakistan’s top IT body says government signed ‘death warrant’ of industry with budget 2024-25

  • Pakistan’s IT sector continued growth momentum in April marking another all-time high of $310 million inflows
  • Chairman of P@SHA says IT industry was already facing a dearth of skilled and highly-skilled workforce
By KHURSHID AHMED    ·

Game changer: extreme heat stifles women’s sports in Pakistan

  • Sport has been unaffordable luxury for girls from low-income households in Pakistan
  • It costs money to get to the few sports clubs available and even eating well is costly
By Reuters ·

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Pakistan aims for July IMF agreement after presenting $67.76 billion federal budget

  • Muhammad Aurangzeb remains optimistic about a positive outcome in the IMF talks, eyes 40% revenue increase
  • The finance minister declares current tax-to-GDP ratio unsustainable, says he wants 13% increase in three years
By KHURSHID AHMED    ·

10 investors convicted for violating Saudi stock market rules

  • 1 imprisoned, all to pay total of $27.1m in fines, compensation
  • Manipulated share prices with false statements of firm’s health
By Arab News ·

The US pier in Gaza is facing its latest challenge — whether the UN will keep delivering the aid

  • US and Israel say no part of the pier was used in the raid but an Israeli helicopter used a spot near the pier.
  • UN has paused its work with the pier since June 8
By AP ·

Indian relatives grieve as bodies of 45 Kuwait fire victims return

  • Wednesday’s dawn blaze quickly engulfed a housing block home to some of the many foreign laborers servicing the oil-rich gulf state’s economy
By AFP ·

Saudi Arabia’s automotive market surges amid shifting consumer preferences

  • Saudi consumer preferences for new vehicles are increasingly aligned with those in Western markets
By Reem Walid ·

Chimaev out of UFC fight against Whittaker in Saudi Arabia, Aliskerov steps in

  • Ikram Aliskerov is on a seven-game winning streak
  • Chimaev has headed home to recover
By Arab News ·

French artist produces rich portrayals of Saudi history, culture

  • Joel Alessandra sheds light on his artistic adventures in the Kingdom
By Nada Hameed ·