June 26, 2026
Defence Minister Khawaja Asif has signalled fresh momentum for the long-stalled Iran-Pakistan gas pipeline as easing US sanctions on Tehran reopen a decade-shut energy window, even as Islamabad fights an $18 billion arbitration claim in Paris.
Jules Kounde tightened a dramatic winner at home as Barcelona beat Real Madrid 3-2 in a fascinating Copa del Rey final, supporting the second big trophy under Hansi Flick after a fiery clasico in Seville. After a 2-2 draw in 90 minutes, the Barcelona defender hit 22 meters outside, drilling a strong shot in the lower corner to decide the first Clasico Copa del Rey final from 2014. Barcelona dominated the first exchanges and was rewarded when Pedri put a wonderful first finish from outside the area after a cut off from the teenage feeling Lamine Yamal. Real Madrid, struggling
Pakistan has negotiated to include a phased approach to settling investment disputes, sources say Caretaker Prime Minister Anwaar-ul-Haq Kakar presides over a SIFC meeting in Islamabad. — APP/File The domestic forums will be given 8 months to provide a solution. In the event of no resolution, Doha and Riyadh may approach the PCA/ICSID. SIFC approves in principle the establishment of Nidra. ISLAMABAD: Pakistan has agreed to allow the Kingdom of Saudi Arabia and Qatar to approach the Permanent Court of Arbitration (PCA) or the International Center for Settlement of Investment Disputes (ICSID) if they face any problem in the multi-billion
View of SNGPL pipelines. — SNGPL The State Enterprises Act 2023 will be amended to make local arbitration mandatory. SIFC wants public sector entities to resolve issues locally. SNGPL had shown intention to approach the international forum. ISLAMABAD: The government wants all state-owned enterprises (SOEs) to resolve their disputes through local arbitration rather than international The news reported on Monday. These entities will be required to include all local arbitration clauses in their manual agreements, except in the case of international entities. The State-Owned Enterprises (Government and Operational) Act 2023 will be amended to make local arbitration between domestic SOEs
Editor — Hamza Azhar Salam · Write to us with suggestions or tips
October 26, 2026
The Pakistan Daily
October 26, 2026
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