Hub Residents Protest Gas Shortage, Demand Action
Residents of Hub city protest prolonged natural gas shortage, urging government action and replacement of Sui Southern Gas officials over supply failures.
Category : Business
Saudi Acwa Eyes Desalination, Green Hydrogen in Morocco
Saudi utility giant Acwa Power is exploring desalination and green hydrogen investments in Morocco, while expanding its Khalladi wind farm by 40 MW.
Three Saudi Industrial Firms Plan IPOs on Stock Market
Three local industrial companies are preparing for IPOs on the Saudi stock market, with some planning to list by end of 2026, as they seek capital for expansion and improved governance.
UAE Launches First Sovereign Retail T-Sukuk for Individuals
The UAE has launched its first Sovereign Retail T-Sukuk, allowing citizens and residents to subscribe directly to a two-year sukuk with a 4.3% profit rate, minimum investment of 1,000 dirhams, subscriptions open June 24-30.
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Islamabad Fire: 380 Stalls Damaged, Rs120 Million Loss
A fire at Islamabad's H-9 Sunday Bazaar was controlled late at night, damaging 380 stalls and causing Rs120 million in losses, with no casualties reported.
JPMorgan Executive Fired Over Viral Bin Theft
Angie Báez, a JPMorgan Chase executive, was fired after a viral video showed her stealing a public bin during NYC's Knicks championship parade, sparking criticism from sanitation officials.
Punjab Schools Ordered Pre-Monsoon Safety Measures
Punjab Education Department mandates pre-monsoon safety measures in schools, including roof inspections, drainage checks, and emergency plans, with strict disciplinary action for non-compliance.
PSX KSE-100 Gains 1,667 Points in Strong Buying Session
The Pakistan Stock Exchange's KSE-100 index rose 1,666.85 points (0.94%) to 179,359.77 by 1:24pm on Wednesday, driven by broad-based buying across key sectors.
Six Terrorists Killed in Lower Dir Operation
Six terrorists were killed in a joint operation by police, Elite Force, and CTD in Lower Dir's Brichar area. Weapons were recovered, and search for accomplices continues.
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Pakistan Budget 2026-27: IMF-Driven Fiscal Stability?
Pakistan's Federal Budget 2026-2027 projects Rs 20.6 trillion revenue and Rs 18.77 trillion spending, with debt servicing consuming 43% and defence 16%, while PSDP shrinks to Rs 1 trillion.
Tractor Trolley Overturns in Khanewal, One Dead
One person died and another was injured when a speeding tractor trolley overturned on Qatalpur Road in Khanewal, Pakistan. The deceased, Aslam, 50, was identified by police.
Pakistan Naval Chief Urges Rethink of Military Doctrines
Admiral Naveed Ashraf says future wars require reassessment of traditional warfighting paradigms and investment in technologically advanced forces, citing conflicts in Ukraine and Middle East.
Qatar: US-Iran Hotline Crucial for Strait of Hormuz
Qatar's PM says a US-Iran hotline is essential to reopen the Strait of Hormuz and resume normal LNG production within weeks after war damage.
Sotheby's $9.7M Luxury Auction in Abu Dhabi
Sotheby's launches 'Abu Dhabi Collectors’ Edit: Materiality' online auction from June 24 to July 10, expected to achieve between $6.6 million and $9.7 million, featuring over 30 luxury lots including jewelry, watches, and automobiles.
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Saudi Cabinet Approves Foreign Real Estate Ownership Rules
New regulations governing non-Saudi ownership of real estate in Saudi Arabia will boost business expansion and competitiveness, ministers said after Cabinet approval on June 23.
Hot and Dry Weather Forecast for Pakistan Next 24 Hours
The PMD forecasts hot and dry weather across most of Pakistan for the next 24 hours, with isolated rain and thunderstorms in upper Khyber Pakhtunkhwa, Kashmir, and hilly regions.
Pakistan Iran Pledge to Boost Agricultural Trade Cooperation
Pakistan and Iran agreed to enhance agricultural trade, with Iran planning to import Pakistani rice, mangoes, and meat, potentially meeting 60% of its meat import needs.
Saudi June Sukuk Issuance Surges 339% to $2.81bn
Saudi Arabia raised $2.81bn in June sukuk, a 339% monthly increase, supporting Vision 2030 projects like Neom through six tranches maturing 2029-2041.
Oman Opens Temporary Strait of Hormuz Routes, No Tolls
Oman has opened temporary shipping routes north and south of the Strait of Hormuz, ensuring toll-free passage for vessels amid heightened security risks following the February 28 war.
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H5 Bird Flu Detected in Second Australian State
H5 bird flu detected in South Australia after first case in Western Australia. Agriculture minister says low risk to humans but poultry farms locked down.
Oil Falls Over 1% on Hormuz Flow Hopes
Oil prices fell more than 1% to near four-month lows on expectations of smoother crude flows through the Strait of Hormuz, with Brent at $76.30 and WTI at $72.43 per barrel.
Thailand's 'Michael Jackson' Jailed for 2 Years Over Fatal Crash
Manasawin Nantasen, known as Tik Shiro, was sentenced to two years for drunk driving that killed two people in Bangkok. He showed remorse and attended funerals.
Rawajeh Group and Flow Partner for Saudi Communities
Rawajeh Group and Flow have signed a strategic partnership to develop and operate branded residential communities in Saudi Arabia, starting with the Thara project.
Gold Miners Risk Ebola to Survive in DR Congo Outbreak
Artisanal gold miners in Mongbwalu, epicenter of DR Congo's 17th Ebola outbreak, continue dangerous work despite virus fears, as 209 cases and 89 deaths are reported in the mining town.
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Rawajeh Group and Flow Partner for Branded Residential Communities
Rawajeh Group and Flow have signed a strategic partnership to develop and operate branded residential communities in Saudi Arabia, starting with Thara project, aligning with Vision 2030.
Trump orders DOJ probe into gasoline price gouging
President Trump directs the Justice Department to investigate oil companies for not lowering gasoline prices in step with falling crude costs, accusing them of gouging customers.
France Heatwave Outage: 68,000 Homes Without Power
A record-breaking heatwave caused France's first major power outage, leaving 68,000 households in western France without electricity on Wednesday, June 24, 2026.
Pakistan eyes formal energy trade with Iran after mediation
Pakistan seeks economic gains from mediating US-Iran tensions, aiming for formal energy trade with Tehran, stronger investor confidence, and new trade opportunities.
South African Prisons Open Art Galleries for Inmates
South Africa's correctional services have opened nine prison art galleries since 2023 to reduce recidivism through rehabilitation, with inmates like Freddy Mongkoai finding peace and skills through creative expression.
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PTI Infighting Delays Mardan Heart Hospital Project
Internal PTI differences and political infighting in Mardan district are delaying key public development projects, notably the Rs5 billion PIC satellite centre, originally planned for Takht Bhai but now moved to BKMC.
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