May 28, 2026

News

Bilateral Trade Diversification: Beijing Eyes Long-Term Mining and Agri Commodity Procurement from Pakistan

BEIJING — In tandem with the B2B tech signings, China is officially exploring long-term commodity procurement and sector-specific investments in Pakistan’s mining, agriculture, and textile sectors. Following a high-level official engagement between Commerce Minister Jam Kamal Khan and top executives from eight prominent Chinese corporate giants, Beijing laid out plans to diversify its import footprint. […]

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Solar Energy Revolution: Govt Rules Out New Fuel-Based IPPs; Shifts Focus to Battery Storage

LAHORE — Energy Minister Awais Leghari has announced that Pakistan will no longer set up new imported fuel-based Independent Power Producers (IPPs). Instead, the government is prioritizing a mass shift to Advanced Metering Infrastructure (AMI) for 10 million consumers and encouraging heavy investment in Battery Energy Storage Systems (BESS). This shift aims to capitalize on

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Solar Energy Tax Relief: Government Announces Zero-Duty on Imported Solar Cells

ISLAMABAD — To combat the ongoing energy crisis and promote green energy, the Federal Government has announced a complete tax exemption on the import of solar cells and raw materials. This move is expected to reduce the cost of locally assembled solar panels by 25-30%. The Ministry of Energy stated that the goal is to

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Pride of Pakistan: First Batch of JF-17 Block IV Fighter Jets Officially Joins PAF Fleet

ISLAMABAD / RISALPUR — In a landmark moment for national defense, the Pakistan Air Force (PAF) has officially inducted the first squadron of JF-17 Block IV fighter jets. This latest variant features state-of-the-art AESA radar and long-range PL-15 missile compatibility, making it a formidable 4.5-generation fighter. During the induction ceremony, the Air Chief emphasized that

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Economic Recovery: Inflation Drops to Single Digit Following Massive Fuel Price Cut

KARACHI / ISLAMABAD — Petrol sasta hone ke asraat ana shuru ho gaye hain. Pakistan Bureau of Statistics (PBS) ki nayi report ke mutabiq, mulk mein inflation (mehangai) ki sharah single digit (9.2%) par aa gayi hai. Petrol ki qeematon mein Rs. 36 ki kami ki wajah se transport aur khuraki ashya sasti hui hain.

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Islamabad Returns to Normal: Red Zone Containers Removed After Peace Talks Stall

ISLAMABAD — Life is finally resuming in the twin cities as the local administration has started removing containers from major entry points. This comes after the scheduled visit of U.S. peace envoys was canceled by President Trump. While the “Islamabad Accord” is currently on hold, schools, colleges, and offices have reopened today. Commuters are advised

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NIC Karachi Celebrates Graduation of Cohort 13, Empowering 28 Innovative Startups in Pakistan

KARACHI: The National Incubation Center Karachi (NIC Karachi), an Ignite initiative under the Ministry of IT and Telecommunication, has marked a significant milestone with the graduation of 28 startups from its 13th cohort, reflecting continued growth in Pakistan’s startup ecosystem. The graduation ceremony highlighted the journey of emerging entrepreneurs who successfully completed NIC Karachi’s structured

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Islamabad Under Lockdown: Security High as U.S. and Iranian Teams Arrive for Final Ceasefire Talks

ISLAMABAD — The federal capital has effectively turned into a “No-Go Zone” today, with over 10,000 security personnel deployed as high-level delegations from the U.S. and Iran arrive for the final round of the Islamabad Accord negotiations. Major roads leading to the Red Zone and Serena Hotel remain blocked, and the Metro Bus service has

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Solar Panel Prices Drop 30% in Pakistan: New Green Energy Policy 2026

KARACHI / LAHORE — Good news for domestic consumers as solar panel prices have crashed by 30% across Pakistan following the government’s new “Green Energy Incentive” policy. The policy has removed additional regulatory duties on the latest N-Type solar cells and high-capacity inverters. With electricity tariffs still high, thousands of households are rushing to switch

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The Islamabad Accord: US and Iran Reach Peace Deal to End Hormuz Blockade

ISLAMABAD — In what is being hailed as the “Diplomatic Event of the Decade,” negotiators in Islamabad have reportedly reached a tentative agreement to de-escalate the naval standoff in the Strait of Hormuz. Sources close to the talks suggest that the US will partially ease sanctions in exchange for Iran allowing “monitored passage” for oil

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