Pakistan is witnessing a surge in maritime activity as shifting global trade routes and instability in the Middle East create new opportunities for its ports, particularly Karachi Port and Port Qasim. According to a report published by Dawn on November 9, the government has introduced incentives, tariff reductions, and regulatory reforms to attract international shipping...
TEHRAN: Iran has announced that a temporary transit corridor agreed with Oman in the Strait of Hormuz will be seven miles wide, while stressing that the arrangement does not mean the strategic waterway has been fully reopened. Iranian Deputy Foreign Minister Kazem Gharibabadi said the agreed route would allow commercial vessels to pass through a...
US President Donald Trump has sharply criticised Canada after Prime Minister Mark Carney announced retaliatory tariffs on American goods following the collapse of trade negotiations between the two countries. In a post on his Truth Social platform, Trump accused Canada of seeking the benefits of being part of the United States without actually becoming a...
Pakistan has called for a stronger economic partnership with Egypt, urging both countries to expand cooperation beyond traditional trade and focus on strategic investment, joint production, technology transfer, and regional value chains. The proposal was presented by Commerce Minister Jam Kamal Khan during a reception in Islamabad marking Egypt’s National Day. Addressing diplomats, government...