Tag : Pakistan

News

Magnitude 5.6 earthquake strikes near Khuzdar in Balochistan

omandailynews.com
– A magnitude 5.6 earthquake struck near Khuzdar in Pakistan’s Balochistan province on Saturday, October 17, according to the German Research Centre for Geosciences. The GFZ said the quake struck at a shallow depth of 10 kilometres, or about 6...
News

Pakistan imposes governor’s rule in Khyber Pakhtunkhwa

omandailynews.com
– Pakistan has imposed emergency measures and governor’s rule in Khyber Pakhtunkhwa after President Asif Ali Zardari approved federal recommendations on Sunday. The decision removes the Pakistan Tehreek-e-Insaf-led provincial administration from control of government functions. Prime Minister Shehbaz Sharif chaired...
News

Pakistan bears largest share of rising MENAAP poverty

omandailynews.com
– Pakistan accounts for about 48% of people living in extreme poverty across the Middle East, North Africa, Afghanistan and Pakistan region, according to the World Bank’s October 2026 economic update. The measure uses the international extreme poverty line of...
Business

Debt-ridden Pakistan faces $36.5 billion SOE burden

omandailynews.com
– Pakistan’s federal state-owned enterprises held about $36.5 billion in debt at the end of December 2025. The total increased 14.3% from a year earlier, adding roughly $4.7 billion at current exchange rates. Pakistan’s Ministry of Finance reported the figures...
Business

Pakistan fuel prices diverge as petrol rises, diesel falls

omandailynews.com
– Pakistan raised petrol prices again on October 6, extending an increase announced three days earlier. Petrol climbed by Rs0.88 to Rs393.64 per litre under the latest fuel revision. High-speed diesel fell by Rs1.88 to Rs397.76 per litre. The move...
News

Pakistan inflation rises as food and education gaps persist

omandailynews.com
Government price cuts are failing to reach many shoppers in Lahore, where retailers continue charging well above official rates. The gap covers chicken, vegetables and fruit across several markets. Consumers are facing the increases as Pakistan deals with renewed inflation...
News

Punjab wildfire chars 3,037 hectares in Kotli Sattian

omandailynews.com
A major forest fire has destroyed more than 3,000 hectares of natural forest tree cover in Kotli Sattian, an ecologically sensitive region of Punjab, after flames spread across multiple locations during a period of intense heat and dry conditions. Satellite...
Business

Air Arabia Q1 profit slips as regional disruption bites

omandailynews.com
Air Arabia reported a net profit of AED 278 million for the first quarter ended March 31, 2026, as regional airspace closures and temporary operational restrictions weighed on capacity during the period. The Sharjah based carrier said first quarter profit...
News

Pakistan suicide bombing kills 10 in Lakki Marwat

omandailynews.com
A bomb blast tore through a crowded market in Sarai Naurang in Pakistan’s northwestern Lakki Marwat district on Tuesday, killing 10 people and wounding about 30 others, according to police and rescue officials. The dead included eight civilians and two...
Business

Pakistan clears donkey meat exports to China from Gwadar

omandailynews.com
ISLAMABAD: Pakistan has cleared the export of donkey meat and hides from Gwadar to China, days after a Chinese company operating in the port city warned it would shut down because key permissions had not been issued. The Economic Coordination Committee approved the...