Major boost for PAF as US approves $686 Million for F-16s’ upgrade

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Thu, 11 Dec 2025, 11:35 AM

WASHINGTON, Dec 11 (APP):The United States has approved a $686 million upgrade package for the Pakistan Air Force’s F-16 fleet, according to a letter the US Defence Security Cooperation Agency (DSCA) sent to Congress on December 8.

The DSCA notification has formally triggered a 30-day Congressional review window, during which US lawmakers are likely to discuss the F-16 technology sale to Pakistan.

According to the agency’s submission, the proposed sale “will support the foreign policy and national security objectives of the United States by allowing Pakistan to retain interoperability with U.S. and partner forces in ongoing counterterrorism efforts and in preparation for future contingency operations.”

The package includes Link–16 systems, cryptographic equipment, avionics updates, training, and comprehensive logistical support.

The proposed sale takes place as Washington, under US President Donald Trump, warms up to Pakistan after his recent meetings with Prime Minister Shehbaz Sharif and Chief of Defence Forces Field Marshal Syed Asim Munir.

The DSCA letter said the sale will maintain Pakistan’s capability to meet current and future threats by updating and refurbishing its Block–52 and Mid Life Upgrade F–16 fleet.

“These updates will provide more seamless integration and interoperability between the Pakistan Air Force and the US Air Force in combat operations, exercises, and training, and refurbishment will extend the aircraft life through 2040 while addressing critical flight safety concerns,” the letter added.

Currency rates of NBP

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Samina Ch

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Thu, 11 Dec 2025, 11:06 AM

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KARACHI, Dec 11 (APP):KARACHI, Dec, 11 (APP): Following are the selling/buying

rates Of major currencies issued by the National Bank of Pakistan (NBP), here on Thursday.

CURRENCY SELLING BUYING

USD 282.15 279.13

GBP 377.25 372.80

EUR 329.92 326.04

JPY 1.8118 1.7904

AED 75.19 74.30

SAR 76.84 75.91

Uzbekistan, International Automobile Federation sign a Memorandum of Cooperation

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NNPS Desk

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Thu, 11 Dec 2025, 11:03 AM

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TASHKENT, Dec 11 (UzA/APP) : Representatives of Uzbekistan’s Ministry of Sports and the International Automobile Federation (FIA) met in Olympic Village.
Issues of preparation for upcoming international events and expansion of cooperation were discussed by the Minister of Sports of Uzbekistan Adham Ikramov, First Deputy Chairman of the NOC Otabek Umarov, Chairman of the National Autosport and Karting Federation of Uzbekistan Anvar Ergashev, FIA President Mohammed Ben Sulayem, FIA President of the Senate Carmelo Sanz De Barros, and ACI President Geronimo La Russa.
During the meeting, the Ministry of Sports of Uzbekistan and the FIA signed a Memorandum of Cooperation on the United Against Online Abuse (UAOA) Project. The program aims at combating online insults and cyberbullying against athletes, officials, and representatives of the field.

NBP Exchange Rates

By

Samina Ch

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Thu, 11 Dec 2025, 10:53 AM

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KARACHI, Dec 11 (APP):The Treasury Management Division of National Bank of Pakistan (NBP) on Thursday issued the following exchange rates.

CURRENCY SYMBOL TT Selling TT Buying

US DOLLAR USD 280.75 280.25

EURO EUR 328.28 327.69

JAPANESE YEN JPY 1.8028 1.7996

BRITISH POUND GBP 375.37 374.70

SWISS FRANC CHF 351.32 350.70

CANADIAN DOLLAR CAD 203.24 202.88

AUSTRALIAN DOLLAR AUD 186.48 186.14

SWEDISH KRONA SEK 30.29 30.24

NORWEGIAN KRONE NOK 27.75 27.70

DANISH KRONE DKK 43.96 43.88

NEWZEALAND DOLLAR NZD 162.81 162.52

SINGAPORE DOLLAR SGD 217.01 216.62

HONGKONG DOLLAR HKD 36.09 36.02

KOREAN WON KRW 0.1907 0.1904

CHINESE YUAN CNY 39.76 39.69

ALAYSIAN RINGGIT MYR 68.40 68.28

THAI BAHT THB 8.84 8.83

U.A.EDIRHAM AED 76.45 76.32

SAUDI RIYAL SAR 74.81 74.68

QATAR RIYAL QAR 77.12 76.99

KUWAITI DINAR KWD 915.45 913.82

CONVERSION RATE FOR FROZEN FCY DEPOSITS

USD 280.347

GBP 373.7343

EUR 326.5482

JPY 1.7898

Azerbaijan, UK discuss strengthening interparliamentary ties

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NNPS Desk

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Thu, 11 Dec 2025, 10:52 AM

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BAKU, Dec 11 (AZERTAC/APP) : Sahiba Gafarova, Speaker of Azerbaijan’s Milli Majlis, met with Lord Alderdice, Trade Envoy of the United Kingdom to Azerbaijan.
The meeting focused on bilateral cooperation in areas such as economy, trade, energy, renewable energy, education, and defense, highlighting the importance of reciprocal visits and dialogue in strengthening ties.
The discussion referenced Azerbaijani President Ilham Aliyev’s visits to the UK and British Prime Minister Keir Starmer’s participation at COP29 in Baku last year.
Speaker Sahiba Gafarova praised the development of interparliamentary relations and emphasized the role of close dialogue in enhancing them. Lord Alderdice underscored the progress of bilateral relations across various sectors and the importance of fostering interparliamentary cooperation.

Foreign exchange rates

By

Samina Ch

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Thu, 11 Dec 2025, 10:46 AM

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KARACHI, Dec 11 (APP):The Exchange Rates Committee of the Financial Markets Association of Pakistan issued the following Exchange Rates Bulletin, here on Thursday.

CONVERSION RATES FOR DECEMBER 11, 2025, FOR FOREIGN CURRENCY FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE-25 DEPOSITS)

SBP SETTLEMENT VALUE DATE DECEMBER 15, 2025

USD 280.3470

GBP 373.5343

EUR 326.5482

JPY 1.7898

DC chaired DDC meeting

By

Samina Ch

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Thu, 11 Dec 2025, 10:21 AM

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KOHAT, Dec 11 (APP):The District Development Committee (DDC) meeting on Thursday was held under the chairmanship of Deputy Commissioner, Rahimullah Mehsood to review and approve development initiatives across the district.

The session was attended by Additional Deputy Commissioner Finance and Planning, officials from the Irrigation Department, Communication and Works (C&W) Department, Local Government, and representatives of other relevant departments.

During the meeting, the committee approved a total of 26 development schemes including 3 schemes of the C&W (Highways) Department, 2 schemes of the Irrigation Department,5 schemes of the Social Welfare Department,

6 schemes of the Education Department,

the Public Health Engineering Department’s 2 schemes ,2 schemes of the Local Government Department,

3 schemes of the Soil Conservation Department, 1 scheme of Kohat University of Science and Technology (KUST),

1 scheme of Water and Sanitation Services Company (WSSC) Kohat and 1 scheme of PESCO.

The deputy commissioner directed all concerned departments to ensure timely completion of the approved schemes in accordance with quality standards.

He emphasized the importance of improving service delivery and instructed officers to perform their duties diligently so that maximum facilities could be provided to the public.

DC Rahimullah Mehsood

Pakistan, Tunisia agree to enhance coordination in multilateral forums

By

Ishtiaq Rao

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Thu, 11 Dec 2025, 10:12 AM

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TUNIS, Dec 11 (APP): The 4th Round of Bilateral Political Consultations between Pakistan and Tunisia was held here wherein both sides agreed to enhance coordination in multilateral forums, particularly the United Nations and the Organization of Islamic Cooperation.

The Pakistani delegation was led by the Additional Foreign Secretary (Africa) Ambassador Hamid Asghar Khan, while the Tunisian side was headed by the Director General (Asia), Ambassador Slim Ghariani.

Both sides reviewed the full spectrum of bilateral relations, including political cooperation, high-level exchanges, trade and investment, defence and security collaboration, education, and people-to-people contacts.

They also discussed ways to deepen economic cooperation ahead of the 10th Joint Commission Meeting, scheduled to be held in Islamabad in 2026.

The two sides exchanged views on regional and international developments, including the situations in the Middle East, Palestine and North Africa.

The Additional Foreign Secretary (Africa) also called on Mohamed Ben Ayed, Secretary of State to the Ministry of Foreign Affairs, Migration and Tunisians Abroad. Both sides reaffirmed their commitment to further deepening bilateral ties and promoting collaboration across all sectors.

Pakistan and Tunisia enjoy longstanding, cordial relations characterized by mutual respect and close cooperation. This year marks the 67th anniversary of the establishment of diplomatic relations between the two countries.

PFA nabs key supplier of adulterated milk, 10,000 litres destroyed

By

Samina Ch

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Thu, 11 Dec 2025, 10:10 AM

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RAWALPINDI, Dec 11 (APP):The Punjab Food Authority (PFA) claimed to have apprehended a key milk supplier involved in adulteration in Rawalpindi and destroyed around 10,000 litres of the spurious product prepared with skimmed powder and vegetable oil, a PFA spokesman said on Thursday.

According to the spokesman, a supply tanker was intercepted on Murree Road in the Arya Mohalla area while offloading the consignment to a local shop. He said samples were sent to the Lahore laboratory, where they failed the quality test.

The milk had reportedly been transported from Mandi Bahauddin for distribution across the city.

He added that the PFA sealed the shop, while both the vehicle and freezer were taken into custody. Legal proceedings have been initiated at the Waris Khan Police Station.

The spokesman said the crackdown against adulterated milk was under way across the province, urging citizens to report complaints on the PFA helpline 1223.

Kazakhstan’s portfolio of major industrial projects hits 10.2 trillion tenge

By

NNPS Desk

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Thu, 11 Dec 2025, 9:30 AM

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ASTANA, Dec 11 (Kazinform/APP) : Kazakhstan has formed a portfolio of major industrial projects worth about 10.2 trillion tenge that are expected to create more than 20,000 jobs. These initiatives aim to reduce dependence on raw material fluctuations and strengthen real industrial production, Qazinform News Agency reports citing the Government’s press service.
The new investment cycle focuses on projects that generate added value and stable employment, rather than raw materials. Work has been intensified to attract foreign investors into processing, metallurgy, chemicals, and materials production.
The portfolio of 20 major projects with foreign participation worth 5.7 trillion tenge was formed that are expected to generate over 11,000 jobs.
The most projects up to five are to be launched in Zhambyl region. Four projects worth 1.02 trillion tenge are to be developed in Pavlodar region.
Zhambyl region also leads in volume of investments up to 1.47 trillion tenge, followed by Pavlodar region with 1.02 trillion tenge and and Kostanay region with one major project worth 920 billion tenge.
By sectors the most investments are channeled in non-ferrous metallurgy — 1.95 trillion tenge (3 projects), ferrous metallurgy — 1.76 trillion tenge (6 projects), and chemical industry — 1.71 trillion tenge (6 projects) and projects in construction materials, woodworking, and mechanical engineering.
Earlier reports noted that more than 30,000 new jobs will be created nationwide through the launch of investment projects.

Associated Press Of Pakistan

Major boost for PAF as US approves $686 Million for F-16s’ upgrade

Currency rates of NBP

Uzbekistan, International Automobile Federation sign a Memorandum of Cooperation

NBP Exchange Rates

Azerbaijan, UK discuss strengthening interparliamentary ties

Foreign exchange rates

DC chaired DDC meeting

Pakistan, Tunisia agree to enhance coordination in multilateral forums

PFA nabs key supplier of adulterated milk, 10,000 litres destroyed

Kazakhstan’s portfolio of major industrial projects hits 10.2 trillion tenge

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