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- US Military Shoots Down 18 Houthi Drones in the Southern Red Sea
US Military Shoots Down 18 Houthi Drones in the Southern Red Sea
The United States military's Central Command (CENTCOM) has reported the successful interception of 18 drones launched by Yemen's Houthi rebels over the southern Red Sea. This marks the 26th attack on international shipping lanes by the Houthi rebels in the last seven weeks. Collaborating with forces from the United Kingdom, CENTCOM announced that in addition to the drones, two anti-ship cruise missiles and one anti-ship ballistic missile were successfully brought down. The ongoing series of attacks on maritime activities in the Red Sea underscores the persistent security challenges in the region and the international community's efforts to safeguard vital waterways.
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The Pakistani rupee continued its upward trajectory against the US dollar, gaining 0.01% or Rs0.02, to close at Rs281.11, according to data from the State Bank of Pakistan (SBP). Over the past four months, the currency has appreciated by 9.25%, or almost Rs26, compared to its ...
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The sugar sector in Pakistan achieved a milestone with record earnings of Rs22 billion in the fiscal year 2023, marking a substantial 78% increase year-on-year. The surge in earnings is attributed to a rise in sugar prices, resulting in improved gross margins for the sector. ...
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