Tehran, July 13: Regional tensions have escalated sharply after Iran reportedly expanded military attacks targeting several Gulf states following recent U.S. strikes, while Iranian authorities announced the closure of the strategically vital Strait of Hormuz, a move that has raised concerns over global energy supplies and regional security. According to regional officials, missile and drone attacks were reported against multiple …

Islamabad, July 13: Growing criticism of the country’s taxation framework has intensified after business leaders described the existing system as being “based on extortion,” arguing that excessive enforcement measures and inconsistent policies are discouraging investment and undermining economic confidence. Representatives from various trade and industry associations said businesses are facing mounting pressure from frequent audits, complex compliance requirements, and what …

New York, July 13: The global manufacturing landscape is witnessing a striking contrast as the automotive industry grapples with slowing demand and rising production costs, while the aerospace sector continues to soar on the back of record aircraft orders, expanding defense budgets, and renewed international travel. Automakers are facing mounting challenges, including softer consumer demand, higher borrowing costs, and intense …

Islamabad, July 13: Financial difficulties have intensified across several Tehsil Municipal Administrations (TMAs) as prolonged delays in salary payments continue to affect municipal employees, raising concerns over the delivery of essential public services and the financial well-being of workers. Officials and employee representatives say months of unpaid wages have left sanitation workers, administrative staff, and field employees struggling to meet …

Islamabad, July 13: Prime Minister Shehbaz Sharif has departed for Qatar to offer condolences on the passing of the country’s former Emir, underscoring the close and longstanding ties between Pakistan and the Gulf nation. The prime minister is expected to meet members of the Qatari royal family and senior officials during his visit, where he will convey heartfelt sympathies on …