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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

IMF raises concerns over smuggling of petrol

Faiz Paracha Sep 20, 2023
ISLAMABAD: The International Monetary Fund (IMF) has written to the Ministry of Finance and Federal Bureau of Revenue (FBR) seeking answers to allegations of petrol smuggling. The Washington-based lender is concerned about the huge amount…
Business

Warning issued against use of India made AI products, services

Faiz Paracha Sep 19, 2023
ISLAMABAD: The government has advised all informational technology (IT) and financial institutions, including regulators, to avoid using "Indian origin” artificial intelligence (AI)/information and communication technology (ICT) products as…
Business

Changes to visa policy approved to attract investors

Faiz Paracha Sep 19, 2023
ISLAMABAD: The government of Pakistan has approved changes to the country’s visa policy, under which foreign investors will receive a six-month business visa within 24 hours.  The move is aimed at attracting foreign investors and…
Business

Pakistan’s exports increase by 22.45pc to Rs.1.27 trillion

Faiz Paracha Sep 18, 2023
ISLAMABAD: The exports from the country in rupee term witnessed an increase of 22.45 percent during the first two months of current fiscal year as compared to the corresponding period of last year, Pakistan Bureau of Statistics (PBS)…
Business

Russia for independent mode of payment to bolster trade with Pakistan

Faiz Paracha Sep 14, 2023
ISLAMABAD: Russia has proposed an independent mode of payment to bolster trade activities with Pakistan. The proposal was given Russian ambassador to Pakistan, Danila Ganich while addressing a seminar titled ‘Pakistan-Russia relations and…
Business

Pakistan expects Saudi investment after Asim-MBS talks

Faiz Paracha Sep 11, 2023
ISLAMABAD: Caretaker Prime Minister (PM) Anwaarul Haq Kakar has said the government was optimistic about investment from Saudi Arabia in the backdrop of talks between Crown Province of Saudi Arabia Mohammad Bin Salman and Pakistan’s chief…
Latest

US mobilizes $44m in new diaspora investment

Faiz Paracha Sep 9, 2023
ISLAMABAD: The United States announced the mobilization of more than $40 million in new US-Pakistani diaspora investment at the United States Agency for International Development (USAID) ‘Invest in Pakistan’ conference here on Saturday.…
Business

Russia keen to boost cooperation in energy sector

Faiz Paracha Sep 8, 2023
Russia has expressed keen interest to strengthen cooperation with Pakistan in energy sector. Russian Energy Minister Nikolay Shulginov during a meeting with Ambassador of Pakistan to the Russian Federation Shafqat Ali Khan in Moscow said…
Business

Pakistan, Turkmenistan to expedite work on TAPI project

Faiz Paracha Aug 24, 2023
ISLAMABAD: Pakistan and Turkmenistan have agreed to accelerate work on Turkmenistan–Afghanistan–Pakistan–India gas pipeline project. The understanding to this effect was reached during a meeting between Caretaker Minister for Power…
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