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Saudi Arabia’s NEOM megaproject using 20% of global steel supply to propel city construction

Neom, the new Saudi mega-city, is utilising 20% of the world’s steel supply to drive construction, becoming a major power-buyer in global construction and logistics. This $500 billion Saudi project is set to redefine future cities.

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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.

Trump reportedly rebukes Netanyahu as Israel’s Lebanon escalation threatens US-Iran diplomacy

Trump reportedly warned Netanyahu against further escalation in Lebanon as US-Iran diplomacy faced renewed pressure, with Pakistan and Qatar involved in efforts to preserve a fragile regional framework.