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.

Trump gets nominated for Nobel Peace Prize for Iran-Israel truce
(MENAFN) President Donald Trump has been nominated for the Nobel Peace Prize by a U.S. lawmaker, who credited him with helping secure a ceasefire between Iran and Israel following nearly two weeks of escalating conflict. The nomination comes...

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...

Strait of Hormuz Traffic Persists Despite Escalating Israel-Iran Tensions
(MENAFN) Vessel movement through the Strait of Hormuz remains largely uninterrupted despite escalating attacks by Israel on Iran, though six tankers have reportedly executed U-turns to avoid the crucial shipping lane. Ismail Kowsari, a member of...

Iranian President Signals Readiness for US Talks
(MENAFN) Iranian President Masoud Pezeshkian expressed his nation's willingness to resolve conflicts with the United States within the framework of international agreements. On Tuesday, Iranian state television reported that Pezeshkian engaged in...

Modi Refuses External Mediation on Kashmir
(MENAFN) India's premier Narendra Modi told the American head of state that New Delhi would not entertain outside arbitration with Pakistan, responding to Donald Trump’s claim that he could assist the two South Asian adversaries in settling the...

Indian MP states ‘no talks with a gun to our heads’
(MENAFN) Indian National Congress MP Shashi Tharoor stated on Wednesday that New Delhi will not engage in talks with Islamabad as long as it remains a security threat to India. Speaking in Washington, Tharoor, leading an all-party delegation to...

China Calls India “Partner Rather Than Rival”
(MENAFN) China’s top diplomat has described Beijing and New Delhi as potential drivers of each other’s growth, urging cooperation over confrontation during high-level talks in the Chinese capital. Chinese Foreign Minister Wang Yi, meeting with...

Iran Vows Stronger Retaliation
(MENAFN) Iranian Leader Masoud Pezeshkian stated on Saturday that any further Israeli offensives will be met with an even "stronger, more decisive response." This assertion came during a phone discussion with Pakistani Prime Minister Shehbaz...

Modi installs world’s highest rail bridge in Kashmir
(MENAFN) Indian Prime Minister Narendra Modi on Friday inaugurated two significant railway bridges in Jammu and Kashmir, marking his first visit to the region since the deadly Pahalgam attack that sparked diplomatic and military tensions with...

Iran Pledges Stronger Retaliation If Israel Continues Its Attacks
(MENAFN) On Saturday, Iranian President Masoud Pezeshkian warned that Israel’s ongoing assaults would trigger a more forceful and decisive response, during a phone conversation with Pakistani Prime Minister Shehbaz Sharif. Pezeshkian expressed...

Afghanistan Denounces U.S. Strikes on Iran
(MENAFN) On Sunday, Afghanistan strongly denounced the United States’ military strikes on Iranian nuclear facilities, while several other Asian nations voiced unease over rising tensions in the Middle East. The Afghan government criticized...

JR Dallas Tech Fund Commits $10M to Accelerate US Startup Growth
Investment empowers visionary entrepreneurs to scale international tech startups across the US. DALLAS, TX, UNITED STATES, June 13, 2025 /EINPresswire.com/ -- JR Dallas Tech Fund, the premier private investment arm of JR Dallas Wealth...

Erdogan Blames Silence on Palestine for War in Iran
(MENAFN) During a phone conversation with Pakistani Prime Minister Shehbaz Sharif, Turkish President Recep Tayyip Erdogan stated that international "silence over occupation and genocide in Palestine" has emboldened Israel to escalate its actions...

Multipolarity and Globalization: A Shared Answer – International Media Discuss the Emerging Global Landscape
BEIJING, June 12, 2025 (GLOBE NEWSWIRE) -- The eighth “International Editors-in-Chief Roundtable,” hosted by Global Times and Global Times Online (huanqiu.com), brought together media leaders from China, Russia, Pakistan, Canada, Nepal, Syria, and...

Alvotech’s Private Placement Completed with Delivery of SDRs and Shares to Investors
Alvotech (NASDAQ: ALVO, ALVO-SDB, the “Company”), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced the completion of a private placement that was carried out...

SkyEagle to Showcase Mission-Ready Parachutes at Paris Air Show 2025
PARIS, June 13, 2025 (GLOBE NEWSWIRE) -- What’s the highlight of Paris Air Show 2025? Recent India-Pakistan conflicts have pitted Chinese J-10C fighter jets against French-made Rafale jets, challenging long-held assumptions about Western air...

India Questions Western Double Standards
(MENAFN) Indian External Affairs Minister S. Jaishankar has sharply criticized what he sees as Western hypocrisy, highlighting their expectation for India to denounce Russia while failing to condemn what New Delhi perceives as Pakistan’s ongoing...

Kyivstar and Ministry of Digital Transformation of Ukraine sign Cooperation Memorandum to Launch National Large Language Model for Ukraine
Dubai and Kyiv, June 17, 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator, announces today that Kyivstar, VEON’s digital operator in Ukraine, has joined forces with Ukraine’s Ministry of Digital Transformation to develop Ukraine’s first...

India enlarges its nuclear stockpile in 2024
(MENAFN) India increased its nuclear weapons stockpile in 2024 and is actively advancing its missile and delivery capabilities, according to the Stockholm International Peace Research Institute (SIPRI). In its 2025 yearbook released on Monday, the...

Asia-Pacific Leaders Rally to Eradicate Malaria
(MENAFN) Urging a united front and immediate action, nations and territories across the Asia-Pacific convened at the 9th Asia Pacific Leaders’ Summit on Malaria Elimination this week, sounding the alarm on growing challenges to malaria eradication...