PAKISTAN NEWS

Islamabad, 31 July , 2026 (Nosheen) Prime Minister Muhammad Shehbaz Sharif today met a delegation led by Ms. Bolormaa Amgaabazar, Country Director of the World Bank, in Islamabad. Welcoming the delegation, the Prime Minister appreciated the longstanding partnership between Pakistan and the World Bank and acknowledged the institution's significant contribution to Pakistan's socio-economic development. He expressed gratitude for the World Bank's continued support in Pakistan's development journey. The Prime Minister stated that the Government remains firmly committed to implementing its reform agenda to stabilize the economy and place it on a path of sustainable and inclusive growth. He emphasized that Pakistan's constitutional federal structure, provincial autonomy, and close coordination a...

  New York, 31 July 2026 (Nosheen): Pakistan's Ambassador to the United States, Rizwan Saeed Sheikh, held consultations with representatives of U.S.-based Pakistani home textile companies to discuss measures aimed at enhancing Pakistan's textile exports and improving the industry's competitiveness in the American market. The meeting, held at the Consulate General of Pakistan in New York, was attended by Consul General Aamer Ahmed Atozai, Trade and Investment Counsellor Adnan Mahmood Awan, and representatives from leading Pakistani home textile companies operating in the United States, including DLI, Yunus Textile Mills, Sky Home USA, and Swiss n Scott. During the meeting, participants discussed key challenges affecting Pakistan's home textile exports to the United States....

Islamabad, July 31, 2026 (Ghufran): The Government of Pakistan welcomes the decision of the Lloyd’s Market Association’s Joint War Committee (JWC) to remove Pakistan from its Listed Areas for war risk insurance. This significant development marks an important milestone and reflects the growing confidence of the international community in Pakistan’s improving security environment and economic outlook. The achievement is the result of the concerted efforts of the Government of Pakistan, effectively coordinated through the High Commission of Pakistan in London. The Government also expresses its appreciation to the Lloyd’s Market Association for its constructive engagement and cooperation throughout the review process. The removal of Pakistan from the JWC Listed Areas is expected to reduce wa...

 Karachi, 31 July, 2026 (Kamran Raja) Pakistan Navy Ship (PNS) TAIMUR successfully conducted a Search and Rescue (SAR) operation, rescuing the stranded fishing vessel FV AL JALALI in the North Arabian Sea after it suffered engine failure approximately 120 nautical miles south of Gwadar. The fishing vessel, carrying 19 crew members, including 11 Pakistani and 8 Iranian nationals, was left stranded at sea following an engine malfunction. The situation became increasingly critical due to deteriorating weather conditions associated with the ongoing monsoon season, posing an immediate threat to the lives of those onboard.Upon receiving the distress call, the Joint Maritime Information Coordination Centre (JMICC) swiftly coordinated with Pakistan Navy to launch an immediate Sear...

Islamabad, 31 July, 2026(Kamran Raja): The Lahore Electric Supply Company (LESCO), under the vision of Prime Minister Muhammad Shehbaz Sharif and the leadership of Federal Minister for Energy (Power Division) Sardar Awais Ahmad Khan Leghari, has achieved remarkable financial and administrative improvements over the past two years, setting a significant example of successful reforms in Pakistan’s power sector. During this period, LESCO reduced its financial losses from PKR 79 billion to approximately PKR 21 billion, resulting in a financial improvement of more than PKR 58 billion for the national exchequer. The company also achieved a historic milestone in recovery by recording 101.05% recovery for the first time, surpassing the target set by NEPRA. LESCO also recorded a substantial reducti...

 Islamabad,31 July, 2026 (Ghufran): Federal Minister for Commerce Jam Kamal Khan has reaffirmed the Government of Pakistan's commitment to ensuring free, fair, transparent, and impartial elections for trade bodies across the country. Addressing a media briefing in Islamabad, the Minister announced that, for the first time, a real-time digital dashboard will be established to monitor the election process. A comprehensive digital system will also be introduced to enhance transparency and efficiency in trade bodies' elections. Under the new mechanism, the election schedule, voter lists, and election results will be made available online, ensuring easy public access and greater accountability throughout the electoral process.Director General Trade Organizations (DGTO), Bilal Khan ...