ISLAMABAD: In a significant development for Pakistan’s healthcare and nuclear medicine sector, the International Atomic Energy Agency (IAEA) has designated the Institute of Nuclear Medicine and Oncology (INMOL), Lahore, as an IAEA Collaborating Centre, according to a statement issued by the Foreign Office on Tuesday. The designation was formalized during a special ceremony held at the United Nations Office at Vienna, where Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar signed the “Collaborating Centre Agreement” on behalf of INMOL with IAEA Director General Rafael Mariano Grossi. Following the signing,…
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Iran says progress made in nuclear talks with U.S. after partial closure of Strait of Hormuz
U.S. military preparing for potential operations against Iran if Trump orders attack: sourcesIran and the United States reached an understanding on Tuesday on main “guiding principles” in talks aimed at resolving their longstanding nuclear dispute, but that does not mean a deal is imminent, Iranian Foreign Minister Abbas Aragchi said. Oil futures fell and the benchmark Brent crude contract tumbled more than one per cent after Aragchi’s comments, which helped ease fears of conflict in the region, where the U.S. has deployed a battle force to press Tehran for concessions. “Different ideas…
Read MoreBanks to close for public dealing on 1st Ramadan
February 17, 2026 (MLN): The State Bank of Pakistan (SBP) has declared a Bank Holiday on the 1st of Ramadan-ul-Mubarak, 1447 A.H., designated for the purpose of Zakat deduction. In a circular addressed to the Presidents and Chief Executives of all Banks, DFIs, and MFBs, the central bank confirmed that it will remain closed for public dealing. All commercial banks, Development Finance Institutions (DFIs), and Microfinance Banks (MFBs) across the country are directed to follow suit and suspend public-facing operations on that day. However, the holiday will not affect internal operations. All bank…
Read MorePakistan reaffirms nuclear cooperation with IAEA
February 17, 2026 (MLN): Pakistan reaffirmed its commitment to the peaceful and responsible use of nuclear technology, emphasizing its continued focus on harnessing nuclear science for socio-economic development and public welfare. Prime Minister Shehbaz Sharif met Director General of the International Atomic Energy Agency (IAEA) , Rafael Mariano Grossi, at the Vienna International Centre. Both sides discussed cooperation in cancer diagnosis and treatment, agriculture, nuclear power generation and industrial applications, while the IAEA chief praised Pakistan’s expertise in nuclear safety and security and welcomed its expected participation in the Nuclear Energy…
Read MoreTechnical Textiles: The Shift Pakistan Can’t Ignore
The global textile landscape is transforming faster than many in Pakistan realise. What was once largely a commodity-driven business — fabrics, basic garments, bedsheets — is increasingly shifting toward technical, high-performance textiles. The textile industry does not offer protection to those who stand still. If Pakistani manufacturers do not actively expose themselves to new technologies, new products, and new ways of thinking, other countries will move ahead — and take those buyers with them. China, Vietnam, Turkey, India and even Bangladesh all benefit from strong knowledge of technical textiles. It…
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