Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Pakistan Business Times.

Belousov Highlights Strong Military Ties with India
(MENAFN) Russian Defense Minister Andrey Belousov has underlined the significance of Moscow’s alliance with India, emphasizing that the enduring camaraderie between the two countries includes substantial cooperation in defense and military...

Vessels in Red Sea claim ties to Russia, China
(MENAFN) Vessels navigating the Red Sea and Persian Gulf have increasingly been sending misleading signals about their national affiliations, falsely claiming ties to Russia and China in an effort to avoid potential attacks, according to reports...

Nearly Three-Quarters of World Heritage Sites Are at High Risk from Water-Related Hazards
A new analysis by UNESCO and World Resources Institute (WRI) reveals that 73% of World Heritage sites are highly exposed to water-related hazards, such as drought, water stress, or riverine and coastal flooding. Strengthening water stewardship is...

DR Congo Rolls Out Urgent Polio Vaccination
(MENAFN) Health officials in the Democratic Republic of the Congo began the second phase of a large-scale polio immunization effort on Thursday, aiming to reach more than 10 million children across the country. The initiative comes in response to...

National Health Care Fraud Takedown Results in 324 Defendants Charged in Connection with Over $14.6 Billion in Alleged Fraud
Largest Justice Department Health Care Fraud Takedown in History More than Doubles Prior Record of $6 Billion The Justice Department today announced the results of its 2025 National Health Care Fraud Takedown, which resulted in criminal charges...

European Medicines Agency Recommends Market Approval of AVT06, Alvotech’s Proposed Biosimilar to Eylea® (aflibercept)
REYKJAVIK, Iceland and LONDON, June 23, 2025 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide and Advanz Pharma, a UK headquartered...

Trump gets selected for Nobel Peace Prize
(MENAFN) U.S. President Donald Trump has been nominated for the Nobel Peace Prize by Congressman Earl “Buddy” Carter, who credited Trump with helping to broker a ceasefire between Israel and Iran after nearly two weeks of escalating conflict. The...

Large Wave of Afghan Refugee Families Head Back Home
(MENAFN) On Monday alone, roughly 1,500 Afghan refugee families made their way back to Afghanistan from neighboring Pakistan and Iran, a news agency reported Tuesday. According to the state-run outlet, "A total of 1,469 Afghan refugee families...

Estheticare Expands Internationally, Offers Personalized Skin and Dermatology Care to a Growing Global Clientele
Your skin deserves the best. Transform your skin with expert care at Islamabad’s skin and dermatology clinic. Trusted and safe treatments await you. ISLAMABAD, ISLAMABAD, PAKISTAN, June 17, 2025 /EINPresswire.com/ -- Estheticare, a skin and...

Institute of Regional Studies: Field Marshal Visits U.S. to Reinforce Role as Regional Stabilizer
ISLAMABAD, June 17, 2025 (GLOBE NEWSWIRE) -- Pakistan’s Chief of Army Staff, Field Marshal Syed Asim Munir, commenced a high-level visit to the United States this week, signalling a renewed chapter in military diplomacy amid escalating tensions...

Services Council spotlights good regulatory practices, advances discussions on other issues
On 10 June, members also participated in an event under the “Simply Services” series, which serves as an informal platform for sharing the latest developments in trade in services (see below). Thematic session on good regulatory practices An...

Erdogan hosts Qatari PM, head of UN agency for Palestinian refugees
(MENAFN) Turkish President Recep Tayyip Erdogan held meetings on Saturday in Istanbul with key international figures, including the UN Alliance of Civilizations High Representative, the Qatari Prime Minister, the head of the UN agency for...

Ayurvedic Herbs Market Growth is Projected to Reach $21.6 Billion by 2028
Ayurvedic herbs market size was valued at $9.5 billion in 2020 and is anticipated to reach $21.6 billion by 2028, with a CAGR of 10.8% WILMINGTON, DE, UNITED STATES, June 27, 2025 /EINPresswire.com/ -- The market is expected to exhibit an...

Indian Minister Says Indus Water Treaty “Will Never Be Restored”
(MENAFN) India’s Home Minister Amit Shah declared that the Indus Water Treaty with Pakistan “will never be restored,” signaling a firm break in the decades-old water-sharing pact. In an interview with a news agency published Saturday, Shah stated,...

Head of the Criminal Division Matthew R. Galeotti Announces Results of Health Care Fraud Takedown
Good morning. Thank you all for joining us today as we announce the largest coordinated health care fraud takedown in the history of the Department of Justice. Today marks a decisive moment in our fight to protect American taxpayers from...

Davis Commodities Eyes USD 100M Revenue Surge in Sugar Trading Amid Global Market Expansion
SINGAPORE, June 23, 2025 (GLOBE NEWSWIRE) -- Davis Commodities Limited (Nasdaq: DTCK), a premier Singapore-based trader of agricultural commodities, has announced an ambitious expansion across Africa, Asia, and the Middle East, driven by surging...

India remains affected by aftermath of Operation Sindoor
(MENAFN) India remains affected by the aftermath of Operation Sindoor, where it witnessed China providing significant support to Pakistan through military hardware, intelligence, command, control, and shaping global narratives. India and China...

Global Supply Chains Face Rising Congestion, Tariff Uncertainty, and Capacity Shifts, Per Dimerco’s July Freight Report
Tariffs, congestion, and shifting demand are straining global freight. Dimerco’s July report points to key capacity and rate challenges. TAIPEI, TAIWAN, July 1, 2025 /EINPresswire.com/ -- Dimerco Express Group's July 2025 Asia-Pacific Freight...

Modi tells Trump India ‘will never accept’ third-party mediation on Kashmir
(MENAFN) Indian Prime Minister Narendra Modi firmly told U.S. President Donald Trump that India will never accept third-party mediation in its dispute with Pakistan over Jammu and Kashmir. The statement came during a 35-minute phone call on...

CPABC announces Board of Directors 2025/2026
VANCOUVER, British Columbia, June 23, 2025 (GLOBE NEWSWIRE) -- The Chartered Professional Accountants of British Columbia (CPABC) held its 10th Annual General Meeting on Friday, June 20, 2025 and announced its Board of Directors for fiscal year...