Barrick Mining Corp has reaffirmed its commitment to the Reko Diq copper and gold project in Balochistan, Pakistan, amid reports of a potential corporate withdrawal or asset sale. The $7 billion project, held in equal partnership with Pakistani authorities, is one of the world’s largest undeveloped copper deposits and is expected to begin production by the end of 2028.
(more…)Category: Top stories
Top stories featuring the most important and trending news updates from politics, business, world affairs, and breaking events across various sectors.
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Pakistan engages India on Basmati Rice GI tagging dispute
Islamabad, November 25, 2025 – Pakistan has initiated consultations with India and other opposing parties to resolve the ongoing Geographical Indication (GI) tagging dispute over Basmati rice, according to official documents released by the Ministry of Commerce on Tuesday.
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PM Shehbaz directs immediate EDF overhaul to strengthen Pakistan’s exports
Islamabad, November 24, 2025 – Prime Minister Shehbaz Sharif has instructed federal authorities to implement swift and comprehensive reforms in the Export Development Fund (EDF) to accelerate Pakistan’s export growth and ensure efficient use of resources. The directives were issued on Monday while chairing a meeting of the Working Group on the Export Sector.
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FBR digitizes cotton bale tracking to curb tax evasion in textile industry
Islamabad, November 22, 2025 – The Federal Board of Revenue (FBR) has intensified scrutiny of the textile industry by officially rolling out an electronic monitoring system that uses video analytics to track the processing of cotton bales in textile spinning units.
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IMF highlights fragmented asset declaration system for officials in Pakistan
Islamabad, November 22, 2025 – The International Monetary Fund (IMF) has highlighted that Pakistan’s asset declaration system is fragmented, with different rules for government officials, military personnel, and the judiciary.
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Pakistan lifts ban on import and export of jewelry and precious metals
Islamabad, November 21, 2025 – Pakistan on Friday lifted the ban on the import and export of jewelry and precious metals, introducing new regulations with certain conditions to ensure compliance and traceability.
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Pakistan shuts border crossings, suspends trade with Afghanistan: FO
Islamabad, November 21, 2025 – Pakistan has formally closed all border crossings with Afghanistan and halted bilateral trade after what it describes as the Afghan regime’s continued support for the Fitna al-Khawarij, Fitna al-Hindustan and their linked militant networks, Foreign Office Spokesperson Tahir Andrabi said on Friday.
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PM Shehbaz urges formulation of unified industrial policy for Pakistan
Islamabad, November 21, 2025 – Prime Minister Shehbaz Sharif on Friday instructed relevant ministries and departments to fast-track the development of a unified industrial policy, integrating private-sector proposals to strengthen Pakistan’s economic growth.
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PM Shehbaz orders fast-track, transparent privatization of PIA
Islamabad, November 20, 2025 – Prime Minister Muhammad Shehbaz Sharif has instructed officials to expedite all stages of the Pakistan International Airlines (PIA) privatization process, ensuring full transparency and a clear roadmap to boost the national carrier’s operational performance.
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IMF highlights ad hoc tax policy changes and governance weaknesses in Pakistan
Islamabad, November 20, 2025 – The International Monetary Fund (IMF) has raised concerns over Pakistan’s fiscal and governance framework in its Technical Assistance Report, November 2025, noting that tax policy changes are frequently implemented in an ad hoc manner without prior notice.
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