Pakistan’s central bank sees FY26 growth up to 4.25%, trade gap to widen

  • Current account deficit forecast at 0–1% of GDP despite remittance growth
  • Forex reserves projected to reach $15.5 billion by end-December 2025
By Ismail Dilawar ·

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Moody’s upgrades Pakistan’s credit rating to ‘Caa1’, finance minister hopes for rate cut

  • Pakistan’s international bonds rose as much as 1 cent to between 90-100 cents on the dollar following ratings upgrade
  • Aurangzeb says more room for central bank to cut key policy rate from 11 percent on back of positive economic indicators
By Reuters ·

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For these Pakistani women, Independence Day offers a chance to earn and celebrate

  • Housewives, maids, mothers turn to selling flags and festive goods for extra income during Aug. 14 rush
  • Seasonal stalls in Pakistan’s commercial center can bring women vendors savings of up to $54 in a few days
By NAIMAT KHAN ·

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India conflict fires up Pakistan’s Independence Day fervor, boosts flag sales

  • Flag maker reports sales up by up to 50 percent as households and businesses spend heavily on August 14 decorations
  • Traders say brisk Independence Day buying is lifting markets despite inflation squeezing consumer budgets
By Ismail Dilawar ·

Saudi ‘Art Bridges’ 4-nation project opens for applications

  • Cultural program of the Kingdom’s Visual Arts Commission
  • Scotland, Japan, South Korea, Spain are the nations hosting
By Arab News ·

Keep your furry friends cool for the summer

By Tamara Aboalsaud ·

South Sudan hosts Israeli deputy FM but denies Gaza relocation reports

  • The government in Juba refuted media reports that it was in discussion with Israel about relocating Palestinians from Gaza to South Sudan
  • Impoverished South Sudan has been plagued by insecurity and instability since its independence in 2011
By AFP ·

At least 26 migrants dead in two shipwrecks off Italy

  • Italian coast guard: ‘Currently 60 people have been rescued and disembarked in Lampedusa, and (there are) at least 26 victims’
  • Giorgia Meloni: ‘When a tragedy like today’s occurs, with the deaths of dozens of people in the waters of the Mediterranean, a strong sense of dismay and compassion arises in all of us’
By AFP ·

Saudi Arabia’s transportation boom opens doors for private investment

  • Private entities expected to contribute around 80% of targeted investments in the sector
By Nirmal Narayanan ·

PSG beat Tottenham on penalties to win UEFA Super Cup after late comeback

  • It is the first time PSG, or indeed any French club, have lifted the Super Cup, as they take their tally of trophies won in 2025 to five
  • It is the perfect start to the new campaign for Luis Enrique’s team, who had a shortened off-season break having lost the FIFA Club World Cup final to Chelsea
By AFP ·

Keep your furry friends cool for the summer

  • From frozen treats to cool-down measures, ways to keep your cat or dog safe as temperatures soar
By Tamara Aboalsaud ·