LAHORE – The Pakistan Cricket Board (PCB) is expected to appoint Mickey Arthur, who has served as head coach of the national team, as the consultant team director ahead of the New Zealand series. Reports said that the board is likely to rope in Grant Bradburn as the assistant coach, former ...

The government has borrowed $7.407 billion from multiple financing sources during the first eight months (July-February) of 2022-23 (FY23) compared to $12.178 billion borrowed during the same period of last fiscal year. The Economic Affairs Division data shows that the government has ...

The government has borrowed $6.134 billion from multiple financing sources during the first seven months (July-January) of 2022-23 compared to $12.022 billion borrowed during the same period of last fiscal year. The Economic Affairs Division data shows that the country borrowed $200 million from ...

The Asian Development Bank (ADB) has offered to bankroll the $10 billion Mainline-I (ML-I) project of the China-Pakistan Economic Corridor (CPEC), a move that may require Beijing’s approval in order to bring on a second financier. This is the second time the ADB has made the offer for the ...

The Punjab cabinet approved an underground mass transit system for Lahore this Friday, as well as the inclusion of subterranean blue and purple line mass transit projects as a part of the Annual Development Program. The decision was taken at the sixth cabinet meeting, which was chaired by the ...

The Ministry of Interior has declared the speedily growing number of internet users in Pakistan a growing threat of cybercrime. Ministry of Interior submitted a written reply to the National Assembly (NA) on Monday in which it presented the details of the complaints and punishments registered in ...

The Asian Development Bank has approved $554 funds for Pakistan to assist it in its post-floods rehabilitation and reconstruction efforts, reported 24NewsHD TV channel on Monday. The ADB will provide $3 million in technical assistance while the Government of Japan is providing $5 million. The ...

Pakistan’s default risk entered alarming new levels this week as the cost of ‘insuring’ the country’s sovereign debt shot up, scaring away investors. According to data by Arif Habib Limited (AHL), Pakistan’s benchmark 5-year Credit Default Swap (CDS) spiked on 11 November by 394 basis ...

A two-member team, digging into the killing of senior journalist Arshad Sharif in Kenya, has reached Dubai. Sources say the committee, comprising high-ups of the Intelligence Bureau and the Federal Investigation Agency (FIA), will ascertain the circumstances under which the senior journalist ...

KARACHI – Pakistan and the Asian Infrastructure Investment Bank (AIIB) have signed an agreement for $500 million loan that will provide a breathing room to under-pressure economy of the South Asian country. The AIIB is providing the loan under the Building Resilience with Active Countercyclical ...