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Friday, January 2, 2026

Trade Credit: A Basic Building Block for Industry

It is expected that there will be further increases in Pakistan’s textile export quantity starting from February 2022, as many projects are being funded through the Temporary Economic Refinance Facility (TERF) and Long Term Financing Facility (LTFF) are to bear results.

US sanctions Russian company

Biden administration’s newest blacklisting comes after a series of missile tests by Pyongyang. Under the sanctions, any property held by the designated individuals in the US is subject to seizure.

Pakistani student in China receives huge financial support

After initial recovery from the life-threatening disease, the student has been shifted to Pakistan on a Pakistan International Airlines flight on request of his father.

Deadly clashes break out at Armenia-Azerbaijan border

Armenia’s aggression with no special reason and violation of its obligations … is a deliberate military provocation and adventurism

French minster orders closure of mosque over anti-Semitic remarks

The move comes two weeks after authorities closed a mosque in the north of the country because of what they said was the radical nature of its imam's preaching.

North Korea’s Kim warns of more power show

Hypersonic missiles are listed among the "top priority" tasks for strategic weapons development in North Korea's five-year plan.

UAE investors pour money in Pakistan’s retail sector

The massive investment comes as the UAE company recently opened its 10th location of the popular supermarket Carrefour in Gujranwala. With the new supermarket, residents of Gujranwala will experience an elevated shopping experience. 

WATCH: Brothers separated for 74 years meet at Kartarpur

The two brothers met and cried tears of joy while embracing each other. Earlier, the Indian Chief Minister (CM) of Punjab Charanjit Singh Channi thanked Prime Minister Imran Khan for accomodating Sikhs in Pakistan.

Yasir Shah’s name removed from the rape case of a minor girl

Islamabad Police has removed the name of Yasir Shah from the FIR registered against him and his friends. He was accused of forcing a 14-year-old minor girl to marry his friend. Taking to Twitter, Yasir Shah expressed gratitude at his name being cleared.

Sri Lanka says no to IMF, seeks new China loan

Beijing is already the island's biggest bilateral lender, accounting for at least 10 percent of Sri Lanka's external debt.

Chinese cities battle Covid as Winter Olympics loom

Cities across China are imposing tougher restrictions to try to control new outbreaks of COVID-19, with Tianjin battling the highly contagious Omicron variant which has been detected to have been transmitted locally in two other provinces.

Crime wave grips Arabs in Israel ‘by the throat’

Experts say part of the violence is driven by a growing loan shark trade among Arab mobsters, who offer fast cash to Arab citizens underserved by banks. Officials have blamed the spate of violence on Arab crime families
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