Saudi Arabia pledges $3bn fresh deposit and extends $5bn facility through 2028

by Aizaz ul haq | Apr 15, 2026 | Economy

(April 15, 2026) — Saudi Arabia has committed an additional $3 billion in deposits to Pakistan and extended an existing $5 billion facility for three years, Finance Minister Muhammad Aurangzeb announced. Speaking on the sidelines of the World Bank–IMF Spring Meetings,...

Government announces 2 hours daily loadshedding to control rising electricity costs

by Aizaz ul haq | Apr 15, 2026 | Public Policy, Economy

ISLAMABAD (April 14, 2026) — The federal government has formally introduced a daily loadshedding schedule of more than two hours during peak times to avoid a massive spike in electricity bills. The decision comes as Pakistan faces severe fuel constraints due to the...

4 Police Officers Injured, 23 Arrested in Violent Clash with Afghan Residents in Islamabad

by Aizaz ul haq | Apr 13, 2026 | Crime & Law, Afghanistan

ISLAMABAD (April 13, 2026) — A targeted police search operation in the Sarai Kharboza area of Islamabad turned violent on Monday, leaving four officers injured and leading to the arrest of 23 individuals on terrorism charges. The incident occurred as security forces...

Govt to Double Gas Supply for Power Sector to Avert Massive Tariff Hikes

by Aizaz ul haq | Apr 13, 2026 | Economy, Public Policy

ISLAMABAD (April 13, 2026) — Amid a critical shortage of imported Liquefied Natural Gas (LNG) and a looming summer demand spike, the federal government is moving on a “war footing” to double the domestic natural gas supply to the power sector. The shift...

PSX Sheds Over 3,500 Points as Hormuz Blockade Sparks Panic

by Aizaz ul haq | Apr 13, 2026 | Economy

KARACHI (April 13, 2026) — The Pakistan Stock Exchange (PSX) witnessed a turbulent session on Monday, with the benchmark KSE-100 index shedding over 3,500 points following U.S. President Donald Trump’s order to blockade Iranian ports. The move, which effectively...