TT Staff Reporter

Breaking stories from The Thursday Times' in-house reporter.
Economy

Qatar eyes purchase of 40% of PIA for over $2 billion

Qatar shows significant interest in acquiring a 40% stake in Pakistan International Airlines for over $2 billion, sans the Roosevelt Hotel in New York
Economy

Pakistani petrol prices cut by 2 rupees per litre, diesel by 6.5 rupees per litre

Pakistan's caretaker government announces a significant reduction in fuel prices, including a Rs2.04 decrease in petrol and Rs6.47 in diesel.
International

Iran will not enter the war with Israel on behalf of Hamas, Iranian leader Ayatollah Ali Khamenei tells Hamas chief

Iran reaffirms political and moral support for Hamas but rules out military intervention during a recent meeting between Ayatollah Ali Khamenei and Ismail Haniyeh.
Economy

IMF reach staff-level agreement with Pakistan on economic reforms to access $700m in funding

The International Monetary Fund (IMF) and Pakistan have reached a staff-level agreement that could unlock $700 million in funding, as part of a larger $3 billion stand-by arrangement.
International

Ireland’s Parliament faces crucial vote on expelling Israeli ambassador today

The Irish Parliament confronts a decisive moment as it debates the expulsion of Israel's Ambassador and leading opposition party Sinn Féin's push to refer Israel to the International Criminal Court.
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ACROSS TT

Lahore named SCO Tourism and Cultural Capital

International 0
Lahore has been designated the Shanghai Cooperation Organisation's Tourism and Cultural Capital for 2026-2027, under a resolution signed at the same Bishkek summit where Pakistan assumed the SCO chairmanship, with four flagship cultural events planned in the city.

Pakistan assumes SCO chairmanship for 2026-27

International 0
Pakistan formally assumed the chairmanship of the SCO Council of Heads of State on September 1, taking over from Kyrgyzstan at the conclusion of the Bishkek summit. It's Pakistan's first time holding the role since joining as a full member in 2017, and Islamabad will host the organisation's 2027 summit.

First Makkah Defence Alliance secretary general to be from Pakistan

International 0
The defence pact signed by Pakistan, Saudi Arabia and Türkiye three weeks ago will be known as the Makkah Defence Alliance, its secretariat has been established in Riyadh, and its first secretary general will be appointed from among Pakistanis, Turkish Foreign Minister Hakan Fidan announced in Istanbul on Monday.

Pakistan welcomes Hague ruling that Indus treaty remains in force

International 0
The Court of Arbitration in The Hague has issued its Award on the Status of the Indus Waters Treaty and its Decision on Interim Measures, finding that India's decision to place the treaty in abeyance is not permissible and that the accord remains fully in force, according to Pakistan's Ministry of Information and Broadcasting. Neither text has been published yet, with publication expected within about a week.

Pakistan, Saudi Arabia and Türkiye hold first Makkah pact meeting

International 0
Pakistan, Saudi Arabia and Türkiye convene the first session of the committee created under the Makkah Joint Defence Agreement in Istanbul on Monday, each sending their foreign minister, defence minister and military chief. It is the first institutional step since the pact was signed three weeks ago, and the agenda covers defence capabilities, interoperability and, according to Pakistani reporting, joint production.

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