Business

Web DeskApril 29, 2026 The United Arab Emirates (UAE) has stunned global energy markets by announcing its sudden withdrawal from the Organization of Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance. The Gulf nation declared that the decision will take effect from May 1, 2026, according to the state-run Emirates News Agency (WAM). The UAE cited a desire for …

Web DeskApril 28, 2026 WASHINGTON, D.C. – The International Monetary Fund (IMF) has convened an Executive Board meeting scheduled for May 6, 2026, to consider the approval of the next $1.2 billion tranche for Pakistan under the Extended Fund Facility (EFF), according to the IMF’s official calendar. The meeting comes after Pakistan successfully completed all prior actions and conditions required …

Web DeskApril 28, 2026 Elon Musk, the billionaire founder of Tesla and the world’s richest person, is finally edging closer to launching his long-awaited banking and payments platform—a move designed to transform the social media platform X (formerly Twitter) into an “everything app”. According to Bloomberg, a limited rollout of the X Money financial feature is expected in the coming …

Web DeskApril 27, 2026 WhatsApp is developing a new feature that could significantly change how users interact with the app on Android devices. The Meta-owned messaging platform is reportedly testing floating notification bubbles, a feature designed to allow users to read and reply to messages without opening the full application. This feature, first spotted by the feature tracker WABetaInfo in …

Monday, 27 April 2026 | Web Desk SHENYANG, China – Chinese scientists have achieved a major breakthrough in “all-iron flow battery” technology that could sharply reduce the cost of storing renewable energy while significantly extending battery lifespan. The development addresses one of the most critical bottlenecks in the global transition to clean energy: the need for affordable, long-duration energy storage. …

Web DeskApril 23, 2026 The smartphone arena is no stranger to innovation, but Huawei has consistently pushed the boundaries of mobile technology. After months of speculation, the Chinese tech giant has officially announced its latest powerhouse on April 20, 2026, set to hit the shelves starting May 18, 2026. While the official marketing name hasn’t been splashed across billboards yet, …

Web DeskApril 21, 2026 KARACHI – Pakistan has received an additional $1 billion from Saudi Arabia, completing the Kingdom’s $3 billion deposit commitment to support the country’s foreign exchange reserves and external account stability. The State Bank of Pakistan (SBP) confirmed the receipt of funds from the Ministry of Finance of Saudi Arabia with a value date of April 20, …

Friday, 27 March 2026 | Web Desk Rising tensions and conflict in the Middle East have disrupted global trade and caused economic uncertainty all over the world. Interestingly, amid these challenges, Pakistan seems to have emerged as an unexpected beneficiary, gaining importance as a key trade and transshipment hub. An Arab News report says that the ongoing Iran-related conflict has …

Monday, 23 March 2026 | Web Desk The ongoing war between Israel, the United States, and Iran has inflicted a staggering $53 billion loss on 20 of the world’s largest airlines, plunging the aviation industry into its worst crisis since the COVID-19 pandemic. According to international news agencies, the conflict has severely disrupted air travel across the Gulf region, forcing …

Monday, 02 March 2026 | Web Desk The ongoing war between Iran and the United States has dramatically reshaped global aviation routes, thrusting the airspace of Pakistan and Afghanistan into the spotlight as the world’s busiest flight corridor. With the conflict zone encompassing large swathes of Middle Eastern airspace, international carriers are being forced to reroute flights through the only …