PakishNews | 26 Aug 2026 | 1 min read
A devastating fire at the Pakistan Institute of Medical Sciences (Pims) in Islamabad's gynaecology ward on Wednesday morning claimed the lives of 14 newborn infants....
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Pakistan is undergoing critical economic reforms that are attracting significant investment from Gulf Cooperation Council (GCC) nations, including the UAE and Saudi Arabia. These reforms include fiscal consolidation, reducing the budget deficit, accelerating the privatization program for state-owned enterprises, and improving the ease of doing business. Gulf investment in Pakistan is shifting towards large-scale Foreign Direct Investment (FDI) in sectors like energy, infrastructure, and technology, driven by Gulf nations' economic diversification and Pakistan's commitment to stability. The government's commitment to fiscal consolidation and structural adjustments is seen as a pivotal factor in renewing investor confidence from the Gulf region. Pakistan aims for a projected GDP growth of 2.5% for FY2026, according to the Ministry of Finance. 30-second AI audio summary
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