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Drazen Jorgic

Pakistan removes ISI spy agency head after eight months, appoints hardliner

16 Jun 2019

ISLAMABAD Pakistan on Sunday appointed a hardliner general as new chief of the powerful Inter-Services Intelligence (ISI) spy agency, replacing the agency's current head, Lieutenant General Asim Munir, after only eight months on the job.

Pakistan stocks up, but IMF-friendly budget gets mixed reviews

12 Jun 2019

KARACHI/ISLAMABAD Pakistani stocks rose on Wednesday and the business community gave mixed reviews of Prime Minister Imran Khan's first budget aimed at securing a $6 billion bailout from the International Monetary Fund (IMF).

Pakistan stocks up, but IMF-friendly budget gets mixed reviews

12 Jun 2019

KARACHI/ISLAMABAD, June 12 Pakistani stocks rose on Wednesday and the business community gave mixed reviews of Prime Minister Imran Khan's first budget aimed at securing a $6 billion bailout from the International Monetary Fund (IMF).

In rare move, Pakistan military agrees to budget cut amid economic woes, PM says

05 Jun 2019

ISLAMABAD Pakistan's powerful military has agreed in a rare move to cut its hefty budget for a year to help ease the South Asian country's "critical financial situation", Prime Minister Imran Khan said.

India says diplomats, embassy guests harassed by Pakistani security in Islamabad

02 Jun 2019

ISLAMABAD India on Sunday accused Pakistani security services of widespread harassment at an Indian embassy event in the capital Islamabad a day earlier, alleging that hundreds of guests were turned away and some of New Delhi's diplomats were "threatened".

Pakistan's biggest mobile operator warns license tussle worries investors

30 May 2019

ISLAMABAD Pakistan's last-minute price hike for a long-term mobile operating license renewal will worry foreign investors who are seeking stability in their operations, Jazz chief executive Aamir Ibrahim said, amid an ongoing court case about the issue.

Pakistan's biggest mobile operator warns licence tussle worries investors

29 May 2019

ISLAMABAD, May 29 Pakistan's last-minute price hike for a long-term mobile operating licence renewal will worry foreign investors who are seeking stability in their operations, Jazz chief executive Aamir Ibrahim said, amid an ongoing court case about the issue. Pakistan's biggest mobile network Jazz, owned by Dutch giant VEON, and the country's second-largest telecoms firm, Telenor, are challenging in court the licence renewal process, which has seen the fee set at $450 million from an expected $291 million.

Pakistan army says lawmakers critical of military involved in attack on checkpoint

26 May 2019

PESHAWAR/ISLAMABAD, Pakistan Pakistan's army on Sunday accused two lawmakers critical of the military of playing a key role in a clash with troops at a security checkpost in which three people were killed, setting up a potential confrontation with a vast rights movement the two lawmakers helped to found.

Pakistan PM warns against war in region amid Iran tensions with U.S., Saudi

25 May 2019

ISLAMABAD Pakistani Prime Minister Imran Khan warned against the risk of conflict in the region, following a visit to Islamabad by Iranian Foreign Minister Javad Zarif as tensions between Washington and Tehran escalated.

RPT-Qatar emerges as front-runner for long-term LNG deal for Pakistan

29 Apr 2019

ISLAMABAD, April 26 Qatar has emerged as the front-runner for a long-term gas supply deal to Pakistan, a senior Pakistani official said on Friday, with the cabinet of Prime Minister Imran Khan set to decide in the coming weeks on an agreement.

World News

Trump says Iran may have shot down U.S. drone by mistake

U.S. President Donald Trump played down Iran's downing of a U.S. military drone on Thursday, saying he suspected it was shot by mistake and that "it would have made a big difference" to him if the remotely-controlled aircraft had been piloted.