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Air India faces record $1.6bn loss after crash and Pakistan airspace closure

Air India is expected to post a record $1.6bn loss after a fatal aircraft crash and Pakistan’s continued airspace closure forced costly flight rerouting.

Pakistan, Russia plan 2027 launch for Pakistan Steel Mills reconstruction

Pakistan and Russia are working towards starting construction on the Pakistan Steel Mills revival project in 2027, following technical assessments and preparation of an EPC framework, officials told a parliamentary body.

Pakistan, Canada boost mining ties as Reko Diq nears 2026

Pakistan and Canada are expanding mining cooperation as the $1.25 billion Reko Diq copper-gold project moves closer to construction, with further international investment expected.

Indian Tejas fighter excluded from Republic Day flypast after Dubai Airshow crash

An Indian Air Force Tejas fighter jet will not feature in the Republic Day flypast after its crash during the Dubai Airshow, officials confirm.

Pakistan gains investor confidence as 73% of foreign firms recommend investment

An OICCI survey of multinational firms shows rising confidence in Pakistan, with 73% of overseas investors recommending the country for direct investment.

Pakistan seeks stronger trade and connectivity ties with Eurasian Economic Union

Pakistan is moving to expand trade and connectivity cooperation with the Russia-led Eurasian Economic Union as part of efforts to diversify export markets and strengthen its role as a regional transit hub linking Central Asia with South Asia and the Middle East.

Pakistani taxi drivers praised as Dubai releases 2025 lost and found data

Dubai’s transport authority reports recovery of millions in lost valuables from taxis, highlighting the role of drivers, including a large Pakistani workforce, in returning items safely to passengers.

Pakistani fashion brand Maria B opens first women’s flagship store in Bangladesh

Pakistani fashion house Maria B has launched its first women’s flagship store in Dhaka, becoming the first international women’s clothing brand to formally enter Bangladesh’s retail fashion market.

FIFA president plans Pakistan visit to support football development

FIFA President Gianni Infantino says he will visit Pakistan soon and work with local authorities to promote football development across the country.

Pakistan China review 700 trade items under FTA as talks accelerate

Pakistan and China reviewed 700 items under the CPFTA and discussed a Green Channel at Khunjerab to expand trade and improve market access.

Pakistan’s goods exports reach Rs 4.27 trillion in first half of FY26

Pakistan’s goods exports reached Rs 4.27 trillion in the first half of FY26, supported by textiles, agriculture and value-added manufacturing, according to official data.

Pakistan sets Ramadan timeline for 5G spectrum auction

Pakistan plans to auction 5G spectrum during Ramadan, with authorities aiming to launch services in major cities within six months of the process.