Asia Pakistan The federal cabinet has decided to issue Sukuk bonds in local and international markets on 40 assets, such as highways, land and hotels, and impose higher taxes on the richer to provide relief to the poorer, burdened by unprecedented inflation
Asia Pakistan Over 200 supporters of former PM Imran Khan were detained during countrywide rallies marking his arrest anniversary; Clashes in Lahore and Karachi saw police using force to disperse crowds
Asia Pakistan Maulana Khan Zeb, a noted peace advocate and member of the Awami National Party, was assassinated on July 10 while campaigning in Bajaur, sparking national mourning and condemnation
Asia Pakistan The Dhabeji pumping station remained without power for over 96 hours due to cable faults worsened by rain, deepening Karachi’s water crisis with a daily shortfall of up to 350 million gallons and residents forced to rely on expensive water tankers
Asia Pakistan Five qualified bids have been announced to fully privatize Pakistan International Airlines (PIA), including consortia of major firms and a military-backed company; it is Pakistan’s first major privatization in nearly 20 years