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Trump says Iran deal could come this weekend

Trump says US-Iran negotiations are going very well and a deal could come this weekend, while cautioning it might not happen. Talks back on track.

Pakistan manufacturing returns to growth as export orders hit 15-month high

Per a new purchasing managers’ survey released by HBL and S&P, Pakistan’s manufacturing PMI rose to 50.9 in May, returning to expansion as new orders recovered and export orders posted their strongest rise since February 2025.

Pakistan’s ports see sharp container surge as Gulf disruption shifts cargo routes

Pakistan’s major ports are seeing a sharp rise in container and transshipment activity as Gulf disruption redirects cargo towards Karachi, Port Qasim and Gwadar.

Iran prepares three-day farewell ceremonies and 24-hour funeral procession for Ali Khamenei

Iranian officials are preparing three days of farewell ceremonies and a 24-hour funeral procession for Ali Khamenei, with events expected in Tehran, Qom and Mashhad.

EU formally commends Pakistan’s Iran mediation as Kallas visits Islamabad

The EU formally commended Pakistan's Iran mediation, supported Pakistan's Kashmir position, called for action against Afghan terrorist groups and backed a two-state solution for Palestine in joint communiqué. Kallas met PM Shehbaz and Field Marshal Munir.
NewsroomEconomySaudi Arabia extends $3bn deposit to Pakistan
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Saudi Arabia extends $3bn deposit to Pakistan

Muhammad al-Jaadan, the Saudi minister for finance, confirmed the much-awaited news at the World Economic Forum in Davos

TT Staff Reporter
TT Staff Reporter
Breaking stories from The Thursday Times' in-house reporter.
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Saudi Arabia’s minister of finance, Muhammad al-Jaadan, has confirmed at the World Economic Forum in Davos that the kingdom has its sights set on finalising the extension of a $3 billion deposit it previously gave to the State Bank of Pakistan in 2021.

This had earlier come in light of Pakistan witnessing unprecedented hyperinflation of its national currency, the Pakistani rupee.

Al-Jaadan also attested to the fact that the kingdom considered Pakistan to be an “important ally,” supplementing this by adding that his country would be “standing behind” the Republic.

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فتنہ الخوارج کے بڑھتے حملے؛ خیبرپختونخوا پولیس کی بہادری بےمثال مگر استعداد و وسائل ناکافی اور حکمتِ عملی کمزور کیوں؟

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Trump says Iran deal could come this weekend

Trump says US-Iran negotiations are going very well and a deal could come this weekend, while cautioning it might not happen. Talks back on track.

Pakistan manufacturing returns to growth as export orders hit 15-month high

Per a new purchasing managers’ survey released by HBL and S&P, Pakistan’s manufacturing PMI rose to 50.9 in May, returning to expansion as new orders recovered and export orders posted their strongest rise since February 2025.

Pakistan’s ports see sharp container surge as Gulf disruption shifts cargo routes

Pakistan’s major ports are seeing a sharp rise in container and transshipment activity as Gulf disruption redirects cargo towards Karachi, Port Qasim and Gwadar.