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Ufone and Telenor Pakistan have formally completed their merger, with the new entity filing an application with the Pakistan Telecommunication Authority to rebrand as 'e&'. The move signals Etisalat's growing role, though legal questions remain over use of the brand name for a PTCL subsidiary.
Two-day summit of BRICS heads of anti-drug agencies opened in Guwahati on July 6, 2026, hosted by India's Narcotics Control Bureau. The talks focus on synthetic drugs, intelligence sharing, and collective action against trafficking, with India releasing a Vision Document on Narcotics Control for 2026-2029.
Seven OPEC+ producers, including Saudi Arabia and Russia, agreed to increase oil production quotas by 188,000 barrels per day from August, marking the fifth consecutive monthly hike. The move comes as shipping through the Strait of Hormuz gradually returns to normal following the US-Israeli war with Iran, though output remains below pre-conflict levels.
Egyptian President Abdel Fattah el-Sisi inaugurated the Octagon, a sprawling new military and administrative complex in the new administrative capital east of Cairo. The facility, described by observers as the world's largest defense ministry building, marks a major step in Egypt's military modernization and has drawn attention in Israel and across the region.
Reports from Al-Ain news indicate that Iranian-backed Houthi forces have been reinforcing frontlines in Yemen and preparing for possible offensives, with recent clashes in Hodeidah Governorate. Additionally, a meeting between a Houthi deputy foreign minister and the Iranian ambassador in Sana'a, along with an Iranian civilian aircraft landing, has raised tensions with Saudi Arabia.
The UN human rights chief has issued a 'red alert' over the unfolding catastrophe in Sudan's El-Obeid, where civilians have endured siege-like conditions for 18 months. The UN Human Rights Council has passed a motion condemning escalating violence by the Rapid Support Forces and setting up an urgent inquiry.
US President Donald Trump told reporters and CNBC that Iran is agreeing to virtually all American demands, citing military success in the months-long war that began on February 28. Washington and Tehran signed a memorandum of understanding for a ceasefire, with implementation talks mediated by Qatar and Pakistan held in Switzerland.
India's oil minister stated the country could supply fuel to Russia if needed, as Ukrainian attacks on Russian refineries have caused fuel shortages. Reports also indicate Indian-origin fuel may have reached Russia via traders, while India has significantly increased its own imports of Russian crude following the closure of the Strait of Hormuz.
New UBS data shows Australia ranks third-highest in median wealth globally, with over 25,000 new millionaires added last year. However, reports highlight a growing divide between average and median wealth, suggesting gains have favored the wealthiest.
Russia's human rights ombudswoman Yana Lantratova says Russia and Ukraine are working on another prisoner exchange, with lists being verified. The statement follows a recent swap of 160 for 160 on June 26, and comes amid ongoing tensions.
Syria's Interim President Ahmed al-Sharaa has appointed the final 70 members of the new People's Assembly, completing the first parliament since the fall of Bashar al-Assad. The appointments aim to address imbalances in representation, though skepticism remains about the chamber's influence.
Amnesty International has accused Sudan's Rapid Support Forces of crimes against humanity and ethnic cleansing during their seizure of El Fasher, citing interviews with 247 people, including 208 survivors. The report details deliberate targeting of civilians, particularly the Zaghawa ethnic group and children, and calls for a nationwide ceasefire and international protection force.
Israel's Defense Ministry Director General Amir Baram outlined a vision for a regional alliance linking India, the UAE, Greece, and Cyprus, as Israel deepens defense ties with India and Greece. The strategy, presented at the Herzliya Conference, aims to counter Iran and is modeled on Israel's multi-layered air defense, with Greece moving toward a major air defense purchase from Israel.
Financial disclosures released by the US Office of Government Ethics show President Donald Trump earned over $1 billion from his family's cryptocurrency ventures in 2025, prompting criticism from Democrats and a White House defense. The figures include more than $500 million from World Liberty Financial and $635 million from meme coin sales, while reports also highlight Pakistan's early partnership with the crypto firm.
US President Donald Trump reported more than $1.4 billion in income for 2025, much of it from cryptocurrency ventures including meme coins and World Liberty Financial. The White House denied conflicts of interest, while historians and ethics experts called the earnings unprecedented.
Iran's chief negotiator Mohammad Bagher Ghalibaf said the country was unable to export any oil during the US blockade of its ports, but has since exported over 40 million barrels. He added that Iran prioritises diplomacy with the US while remaining ready for war.
India is reportedly in early-stage talks with the UAE to sell defence systems including the BrahMos supersonic missile and Akashteer air defence system. The potential deal is seen as a step in India's push to become a serious arms exporter, though it would require Russia's approval for the BrahMos sale.
US President Donald Trump's 2025 financial disclosure shows over $1.4 billion in income from his family's crypto ventures, including nearly $800 million from World Liberty Financial and $635 million from meme coins. The figures highlight how crypto has become his primary income source amid policy changes favoring the industry.
US envoys Steve Witkoff and Jared Kushner met with Qatari mediators in Doha, while Iran denied plans for direct talks with the US, despite President Trump's claim. Qatar said no high-level meetings were planned, with indirect negotiations set to continue.
Regional instability from the Gulf conflict is dampening Pakistan's market sentiment, with foreign direct investment down 28% and bond outflows exceeding $2bn, even as remittances hit record highs and over 300,000 Pakistanis found Gulf employment in early 2026.