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Author

Faiz Paracha

Faiz Paracha, an esteemed broadcast journalist with over two decades of experience, excels in reporting and editorial positions. His expertise lies in the economy and energy sectors, where he has delivered thorough coverage and valuable insights.

Currently serving as the Head of Reporting at News Diplomacy, Faiz manages coverage related to diplomatic missions, international development organizations, the United Nations, and foreign affairs. His diverse interests encompass environmental and climatic issues, alongside his profound knowledge of business, economy, and energy.

Business

Pakistan, French Development Agency sign €12m grant agreement

Faiz Paracha Jul 5, 2025
Pakistan, French Development Agency Sign €12 Million Grant Agreement ISLAMABAD: The government of Pakistan and the French Development Agency (AFD) have signed an agreement under which France will provide a grant worth €12 million…
Pakistan

Microsoft Shuts Down Pakistan Operations After 25 Years Amid Economic Turmoil

Faiz Paracha Jul 4, 2025
ISLAMABAD: Global tech giant Microsoft has closed its Pakistan operations after 25 years, according to Jawwad Rehman, its founding country head. Rehman, who brought Microsoft to Pakistan in 2000, shared the news in an emotional LinkedIn…
Sports

IOC-Backed Climbing Body Endorses PSB-EC Elections – Greets New Alpine President

Faiz Paracha Jul 3, 2025
Islamabad/Toronto – July 3, 2025 The International Federation of Sport Climbing (IFSC), recognized by the International Olympic Committee (IOC), has officially endorsed the recent elections held under the Pakistan Sports Board (PSB)…
Latest

120-day tax-free mobile registration facility for overseas Pakistanis

Faiz Paracha Jul 2, 2025
ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has launched a new facility allowing overseas Pakistanis to register their mobile devices tax-free for 120 days during each visit to Pakistan. According to PTA, this service is…
Latest

HRCP alleges official harassment, warns of shrinking space for HR work

Faiz Paracha Jul 2, 2025
ISLAMABAD: The Human Rights Commission of Pakistan (HRCP) has raised alarm over what it describes as systematic attempts to undermine its work, warning that the space for human rights advocacy in the country is under severe threat. In a…
Business

New fiscal year starts with inflation shock for consumers

Faiz Paracha Jul 2, 2025
ISLAMABAD: The new fiscal year has begun with a sharp hike in fuel prices, adding to the burden on consumers already grappling with inflation. Petrol prices have risen by Rs 8.36 per litre to Rs 266.79, while high-speed diesel has seen an…
Latest

 Pakistan welcomes Court of Arbitration verdict on Indian water projects

Faiz Paracha Jun 30, 2025
ISLAMABAD: Pakistan has welcomed the partial award issued by the Court of Arbitration on June 27 regarding the Kishanganga and Ratle hydropower projects on the request of Islamabad. According to a statement from the Foreign Office…
Business

China rolls over $3.4 billion loan for Pakistan

Faiz Paracha Jun 29, 2025
BEIJING: China has agreed to roll over $3.4 billion in loans to support Pakistan’s foreign exchange reserves, which are now expected to rise to around $14 billion, according to an international news agency. As part of this arrangement, $2…
Business

Pakistan, WB launch $40 billion development partnership

Faiz Paracha Jun 28, 2025
WASHINGTON: Minister for Economic Affairs Ahad Khan Cheema discussed Pakistan’s development ties with the World Bank during his official visit to the United States, finalizing a major strategic framework worth $40 billion. Mr Cheema met…
Latest

US envoy hails Pakistan’s peace efforts, vows stronger security ties

Faiz Paracha Jun 28, 2025
ISLAMABAD: Acting US Ambassador to Pakistan Natalie Baker commended Pakistan’s diplomatic efforts to stabilize the region, highlighting Islamabad’s constructive role in promoting peace. She emphasized that the United States views Pakistan…
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