EU, Pakistan to strengthen economic ties

ISLAMABAD: Pakistan and the European Union (EU) have agreed to continue high-level discussions and work towards concrete actions to strengthen their economic ties. The understanding to this effect was reached during a meeting between EU…

Two soldiers martyred fighting terrorists

RAWALPINDI: Two soldiers were martyred fighting terrorists at a post in Singwan in the  Kech district of Balochistan, said Inter-Services Public Relations (ISPR) on Thursday. In a statement, it said terrorists targeted the security forces…

Rupee rises sharply against US dollar

KARACHI: The rupee rose sharply against the US dollar in the open market on Thursday, gaining Rs11.5 to reach Rs299.5. Analysts said the rise in the value of the rupee came after the State Bank of Pakistan (SBP) allowed banks to acquire US…

$1 bn IT exports to Africa expected

KARACHI: Pakistan’s IT industry has the potential to achieve $1 billion in exports to Africa within a couple of years, according to experts. Muhammad Zohaib Khan, Chairman of the Pakistan Software Houses Association (P@SHA), highlighted…