Newsletter - Page 81 of 306

Pakistan’s Love for Sugar Remains Strong Despite Rising Prices

Sugar prices continue to rise in Pakistan, yet consumers remain undeterred. With overall inflation easing and the costs of other essential goods stable, people are still willing to pay more for sugar, especially during Ramadan. Despite government efforts to control prices, demand remains high.

Sugar: A Household Essential

For Ayesha Khan, a mother of four in Islamabad, sugar remains a top priority on her grocery list. As the government struggles to regulate the rising prices, she continues to buy it out of necessity.

“It has been nearly 20 days of Ramadan, and I’m already buying my third five-kilogram bag of sugar,” she said while shopping in a bustling market. “We love our sweet tea and Rooh Afza,” she added with a smile.

Price Surge Amid Inflation Decline

Pakistan’s inflation rate has significantly dropped from 23.06% in February 2024 to just 1.5% in February 2025. This marks a sharp decline from the record 38% inflation in May 2023. However, sugar prices have surged by 22% in recent months.

According to the Pakistan Bureau of Statistics, sugar was priced at Rs140 per kg ($0.50) in January. By mid-March, it had risen to Rs171 per kg ($0.61).

Despite this increase, many consumers believe the impact is manageable. Stable prices of essentials like wheat, milk, and rice have helped balance household budgets.

Read: Pakistan Stock Exchange Hits Record High on Thursday Amid IMF Optimism

Ramadan Demand Keeps Sugar Sales High

Markets in Islamabad are buzzing with activity as Ramadan feasts fuel demand for sugar-laden sweets and beverages. For many, the rise in sugar prices is an expected seasonal trend rather than a financial burden.

Mohammad Shehzad, a 27-year-old customer, was purchasing jalebi, a popular South Asian dessert soaked in hot sugar syrup. “During Ramadan, prices of most items go up slightly, but it’s not as bad as in previous years,” he said while ordering three kilograms for an iftar dinner at his home.

Jalebi is now selling at Rs650 per kg ($2.32), yet Shehzad and many others continue to buy these treats without hesitation.

Government Struggles to Control Prices

Authorities are working to stabilize sugar prices, but demand remains high. The government has explored subsidies, import options, and market regulations, yet the seasonal surge continues.

While many households have adjusted to the price increase, sugar remains a vital part of Pakistan’s food culture. Whether in tea, desserts, or festive treats, the love for sweetness remains strong.

As Ramadan continues, consumers are expected to keep buying sugar despite the cost. For now, the price hike may be a pinch, but it is far from a deterrent for Pakistan’s sweet-loving population.

PSX Rally Ends as KSE-100 Index Drops 327 Points

The Pakistan Stock Exchange (PSX) saw a slight dip on Friday, ending a six-day rally as the KSE-100 Index fell 327.60 points (0.28%), closing at 118,442.17. Despite early gains, profit-taking and investor caution pushed the market into the red.

Market Performance

The index fluctuated throughout the session, reaching a high of 119,405.91 before dropping to a low of 118,334.40. Trading volume stood at 172.2 million shares, with a total market value of Rs14.91 billion.

While the decline marked a pause in the recent uptrend, key sectors, including banking, oil and gas, and power, remained resilient. Investor sentiment was initially strong, with the index surging nearly 600 points in early trading before reversing course.

Read: Pakistan and Hutchison Ports Fast-Track $1 Billion Investment in Maritime Infrastructure

Factors Behind the Drop

The downturn was largely driven by profit-taking after an extended rally. Investors booked profits following a strong market run fueled by optimism over Pakistan’s expected staff-level agreement (SLA) with the International Monetary Fund (IMF).

State Bank of Pakistan (SBP) Governor Jameel Ahmed reaffirmed that talks with the IMF were progressing well, though he did not provide a timeline for the agreement. The energy sector’s circular debt issue also remained a concern, as unresolved financial challenges could impact corporate cash flows.

Recent Market Surge

Thursday’s session saw the KSE-100 Index surpass the 119,000 mark, closing at 118,769.77, a record high after gaining nearly 800 points. This increase was fueled by hopes of economic recovery, IMF funding, electricity price cuts, and tax relaxations.

The government’s push to resolve circular debt was another positive factor. Investors were particularly active in oil, gas, and technology sectors, with Mari Petroleum experiencing strong trading amid speculation ahead of its board meeting.

Foreign and Local Investment Trends

Despite recent gains, foreign investors sold shares worth Rs720.8 million, while local mutual funds continued to drive market activity. Total trading volume surged to 667.9 million shares, with major gains in technology, oil & gas, fertilisers, and refineries.

Investor Outlook

Analysts remain optimistic about Pakistan’s economic outlook, but they advise caution. They suggest profit-booking at higher levels and recommend focusing on sectors with strong growth potential.

If the IMF agreement is secured, it could further stabilize market conditions and encourage fresh investment. For now, investors are keeping a close watch on economic policies, particularly government efforts to ease financial pressures on key industries.

PIA Ban in the UK Expected to End Soon

Pakistan International Airlines (PIA) may soon regain permission to fly to the United Kingdom, as the British Air Safety Committee has completed a key meeting on the issue. The lifting of the five-year ban would be a major breakthrough for the airline, which has suffered significant losses due to restrictions.

Final Decision Expected Soon

Sources indicate that the British Air Safety Committee will inform Pakistan’s Civil Aviation Authority (CAA) of its decision in the coming days. The Pakistani government is optimistic that the ban will be removed following the latest review.

The UK and European aviation authorities imposed the ban in July 2020 after a scandal involving fake pilot licenses came to light. The controversy surfaced when a PIA Airbus A320 crashed in Karachi, killing nearly 100 people. In response, then-Aviation Minister Ghulam Sarwar Khan claimed that several pilots were flying with fraudulent credentials.

The revelation led to a suspension of PIA’s operations in the UK, European Union, and the United States. Since then, Pakistan has worked to regain international confidence by overhauling its aviation regulatory framework and improving safety measures.

Read: Pakistan Moves to Legalize Cryptocurrency to Attract Global Investment

Financial Toll on PIA

The flight restrictions dealt a heavy financial blow to the already struggling national carrier. The ban caused an estimated Rs40 billion ($144 million) annual revenue loss, as PIA was forced to halt its most profitable routes.

PIA holds 23% of Pakistan’s domestic market, but its 34-plane fleet struggles to compete with Middle Eastern carriers, which dominate 60% of air traffic to and from Pakistan. A lack of direct international flights has further limited PIA’s reach, despite agreements with 87 countries and access to key landing slots.

Hope for Resuming UK Operations

In January 2025, PIA took a significant step toward reclaiming its position in Europe by operating its first direct flight from Islamabad to Paris after years of suspension. This move signaled progress in restoring international trust in the airline.

Looking ahead, PIA spokesperson Abdullah Hafeez Khan confirmed that if the UK’s Department for Transport (DfT) grants approval, PIA will prioritize flights to London, Manchester, and Birmingham. These routes are in high demand among Pakistani travelers and would significantly boost PIA’s revenue.

Path to Recovery

The potential lifting of the UK ban would be a major milestone in PIA’s ongoing recovery efforts. Pakistan has taken steps to reform its aviation sector, including improving pilot licensing procedures and ensuring compliance with international safety standards.

If approved, PIA’s return to British skies would mark a new chapter for the airline, offering Pakistani travelers direct flight options and restoring a key revenue stream for the struggling carrier.

Starlink Gets Green Light for Temporary Operations in Pakistan

Pakistan has officially granted Starlink a temporary No Objection Certificate (NOC), allowing the satellite-based internet provider to operate in the country. This marks a significant step toward enhancing digital connectivity, as Starlink’s Low Earth Orbit (LEO) satellite technology promises faster and more accessible internet services.

Government Approves Starlink’s Entry

IT Minister Shaza Fatima stated that the move aligns with Prime Minister Shehbaz Sharif’s vision to modernize Pakistan’s internet infrastructure.

“Starlink’s arrival will officially introduce satellite internet services in Pakistan,” Fatima said. She emphasized that this decision is part of a broader digital development strategy to improve nationwide connectivity.

Regulatory Steps and Licensing Process

Starlink, owned by tech billionaire Elon Musk, has been working toward securing approval in Pakistan for months. Musk confirmed in January that an application had been submitted, awaiting the government’s response.

Now that the temporary NOC is in place, Pakistan Telecommunication Authority (PTA) will oversee the completion of licensing requirements, including fee payments and regulatory compliance.

The approval process involved consultations with Pakistan’s Cybercrime Agency, security agencies, PTA, and the Pakistan Space Activities Regulatory Board. The government ensured that all security concerns were addressed before granting Starlink temporary registration.

Read: Euclid Telescope Unveils First Data on Dark Universe

A Step Toward Digital Growth

Pakistan’s internet connectivity has faced challenges due to infrastructure limitations and slow broadband expansion in remote areas. Starlink’s satellite-based services offer a potential solution by providing high-speed internet without reliance on traditional fiber networks.

The IT minister highlighted that modern solutions like satellite internet will bridge the digital divide and boost economic and educational opportunities across the country. She also stressed that the government’s “whole-of-government” approach aims to accelerate technological advancements in Pakistan.

Next Steps for Starlink in Pakistan

While the temporary approval is a major milestone, Starlink must now fulfill Pakistan’s regulatory requirements before securing full operational status. PTA will oversee the process to ensure compliance with local telecom laws and cybersecurity standards.

If successful, Starlink’s launch could revolutionize internet access in Pakistan, particularly in rural and underserved regions. The service is expected to enhance business operations, education, telemedicine, and digital services, contributing to Pakistan’s broader digital transformation goals.

Hasan Nawaz’s Record-Breaking Century Powers Pakistan to Stunning Win

Pakistan kept the T20I series alive with a dominant nine-wicket victory over New Zealand, thanks to a record-breaking century by Hasan Nawaz. Chasing 205, the visitors stormed to victory in just 16 overs, with Nawaz smashing the fastest T20I century by a Pakistani player. His unbeaten 105 off 44 balls turned the match around after Pakistan’s disappointing losses in the first two games.

Nawaz’s Redemption After Early Struggles

The 23-year-old opener had a rough start to his international career, scoring ducks in his first two matches. However, he bounced back with a breathtaking knock at Eden Park, Auckland, on Friday. His innings, laced with 10 fours and seven sixes, silenced critics and showcased his attacking ability.

After getting off the mark with a single, Nawaz found his rhythm. “Once I scored that first run, the pressure eased. I just wanted to win the game,” he said. His shots covered all areas of the ground, including some daring ramp shots that left the New Zealand bowlers helpless.

Pakistan’s Aggressive Chase

Pakistan made light work of the 205-run target, finishing at 207-1 with four overs to spare. Salman Ali Agha, the new captain, played a solid supporting role, staying unbeaten at the other end. The win marked a remarkable turnaround for Pakistan after suffering heavy defeats in Christchurch and Dunedin.

Agha praised his team’s effort, saying, “We played a proper game. The bowlers set the stage, and our batting was fearless. Backing young players is crucial, and Nawaz proved why.”

Read: Salman Ali Agha Stresses Improvements After Dunedin Defeat

New Leadership Sparks Change

Pakistan’s cricket board made bold decisions before the series, dropping former captain Mohammad Rizwan and star batter Babar Azam after disappointing performances in the 2024 T20 World Cup and Champions Trophy. The move raised eyebrows, but the new-look team delivered when it mattered most.

Agha’s leadership has injected fresh energy into the squad, and the team responded with an aggressive approach. The bowling attack laid the foundation, restricting New Zealand to a competitive but chaseable total. Then, Nawaz’s explosive knock ensured there were no stumbles in the chase.

Victory Sealed in Style

With the finish line in sight, Nawaz brought up Pakistan’s win in emphatic fashion, smashing consecutive fours off Kyle Jamieson in the 16th over. His record-breaking century will be remembered as one of the finest T20 innings by a Pakistani player.

This victory not only keeps Pakistan alive in the series but also signals a new era for the team, where young players are given opportunities to shine. With momentum on their side, Pakistan will look to carry this confidence into the next match.

Pakistan Nears IMF Deal as Climate Threats Loom, Says Finance Minister

Pakistan is in the final stages of IMF negotiations, with no major obstacles in sight, according to Finance Minister Muhammad Aurangzeb. He assured that the country is on track to meet the IMF’s financial targets, paving the way for the next tranche of funding. However, he also warned that climate change poses a serious threat to economic stability, urging immediate action to address environmental risks.

IMF Talks Progressing Smoothly

Speaking to journalists, Aurangzeb expressed optimism about Pakistan’s ongoing discussions with the IMF. He emphasized that the country is committed to economic discipline and structural reforms, which will help secure the next phase of the $7 billion loan program.

Pakistan and the IMF have made significant progress toward a Staff-Level Agreement (SLA). The IMF Mission Chief to Pakistan, Nathan Porter, recently confirmed that talks have been productive. If the IMF approves the first review, Pakistan is expected to receive $1 billion as the second installment.

The latest IMF program, secured under Prime Minister Shehbaz Sharif’s administration, has been crucial in stabilizing the economy. The finance minister reaffirmed that fiscal responsibility remains a top priority and that Pakistan is taking necessary steps to ensure long-term economic recovery.

Read: Pakistan and Hutchison Ports Fast-Track $1 Billion Investment in Maritime Infrastructure

Climate Change: A Growing Economic Threat

While discussing economic matters, Aurangzeb also highlighted the devastating impact of climate change on Pakistan. He pointed out the rapid melting of glaciers, worsening air pollution, and unpredictable weather patterns, all of which threaten economic stability.

“Environmental shifts are not just an ecological crisis; they are a financial burden,” he stated. The government has been in talks with the IMF and other global lenders to develop a structured climate financing system.

$10 Billion Pledged for Flood Rehabilitation

Aurangzeb revealed that international donors have pledged $10 billion for flood rehabilitation projects. However, Pakistan has struggled to present effective implementation plans, delaying the release of funds. He stressed the need for practical and actionable climate initiatives to fully utilize this assistance.

The minister also acknowledged that rising pollution levels and deforestation are worsening environmental degradation. He assured that the finance ministry is working closely with the climate change ministry to combat these challenges.

Water Crisis and Population Growth

Aurangzeb warned that Pakistan’s water resources are under severe stress. The disruption of the natural water cycle and insufficient winter rainfall signal a worsening crisis. He identified population growth and climate change as the two biggest threats to Pakistan’s future.

The government has been working with the World Bank to improve climate resilience. Aurangzeb highlighted research efforts by the Everest K2 Research Centre, which is studying glacial melt patterns and their impact on water availability.

Urgent Action Needed

The finance minister urged policymakers to speed up project timelines and implement sustainable solutions. He stressed that failure to address climate risks could have devastating economic consequences.

Pakistan’s path to financial stability depends not only on securing IMF support but also on tackling the climate crisis before it spirals out of control.

Snow White: A Controversial Mix of Charm and Disappointment

Disney’s latest live-action remake of Snow White has sparked mixed reactions from critics. While some praise its vibrant visuals and fresh storytelling, others call it a muddled and uninspired reboot. The film, starring Rachel Zegler as Snow White and Gal Gadot as the Evil Queen, has faced controversies since its production, from casting debates to script changes.

A Visually Stunning but Divisive Retelling

US critics have been relatively positive. Hollywood Reporter’s David Rooney called the film “mostly captivating,” praising director Marc Webb’s approach and the “smart script” by Erin Cressida Wilson. Variety’s Owen Gleiberman said it was “one of the better live-action adaptations” and lauded the CGI dwarfs for their “comically expressive” faces.

Some reviewers also admired the film’s musical numbers. Deadline’s Pete Hammond found it “thoroughly decent,” saying the dance sequences were “dazzling.” The Telegraph’s Robbie Collins awarded three stars, noting that the movie “really picks up” when Zegler’s Snow White teams up with the dwarfs and bandits.

Read: Saboor Aly and Ali Ansari Celebrate the Birth of Their Baby Girl

The Seven Dwarfs Debate

Disney’s decision to replace traditional dwarfs with CGI characters caused controversy. The debate began when actor Peter Dinklage criticized the portrayal of dwarfs in the original 1937 film, calling it “backward.” To avoid stereotypes, Disney opted for computer-generated characters, but this move upset some actors with dwarfism, who feared losing acting opportunities. Critics have been divided on the CGI dwarfs, with some finding them creepy and unnatural, while others appreciate their distinct personalities.

British Critics Slam the Film

Many UK reviewers were less impressed. The Guardian’s Peter Bradshaw gave it one star, calling it an “exhaustingly awful reboot.” He criticized the costume design, performances, and lack of dramatic tension. The Times’ Kevin Maher dismissed it as “watery and ineffectual,” adding that Disney has shifted from creating cinematic masterpieces to recycling old stories with forced modern lessons.

The Daily Mail’s Brian Viner gave it two stars, calling it “painfully muddle-headed.” He acknowledged Zegler’s talent but felt the film didn’t allow her to shine. The Independent’s Clarisse Loughrey also gave it one star, criticizing the lazy storytelling and excessive CGI.

Casting and Controversy

Disney’s choice to cast Rachel Zegler, a Latina actress, as Snow White faced backlash. The original fairytale describes Snow White as having “skin as white as snow”, leading to debates on faithfulness to the source material.

Zegler’s past remarks about the original film also stirred controversy. She called the 1937 version “dated” and criticized its focus on romance, stating that her character would have more agency in the remake. Additionally, rumors of tension between Zegler and Gadot due to their opposing views on the Israel-Palestine conflict fueled further media speculation.

A Troubled Production and Uncertain Future

The film reportedly cost over $270 million to produce, yet ticket presales only started two weeks before release, an unusual move for a big-budget Disney film. The scaled-down European premiere in Spain raised further questions about the studio’s confidence in the project.

Despite the controversy, Snow White’s box office performance will ultimately determine its fate. Will audiences embrace this new version, or will it join Disney’s list of underwhelming live-action remakes?

Karachi Police Arrest Kamran Qureshi in Drug Trafficking Case

In a major development, the Karachi Police arrested Kamran Asghar Qureshi for his involvement in a drug trafficking case. Acting on a tip-off, the Anti-Violent Crime Cell (AVCC) raided a bungalow in Defence Phase 5, Khayaban-e-Momin, and took him into custody.

Drugs and Illegal Weapons Seized

During the operation, police recovered 200 grams of crystal meth (ice), a 9mm pistol, two magazines, and 10 rounds of ammunition.

Connection to a High-Profile Murder Case

Kamran Qureshi’s arrest comes in the wake of an ongoing investigation into the murder of Mustafa Amir, a 23-year-old who went missing from Karachi’s DHA on January 6, 2023. His body was discovered 39 days later in Balochistan, confirming foul play.

Investigations revealed that Armaghan Qureshi, Mustafa’s acquaintance and Kamran’s son, played a central role in the crime. Armaghan was arrested on February 8 after a four-hour standoff with the police, during which he fired at officers, injuring a DSP and a constable.

Read: Water Crisis Deepens as Tarbela Dam Nears Dead Level

Murder Linked to Drug Trade

Authorities discovered that both Mustafa and Armaghan were involved in drug-related activities, particularly the cannabis trade. Armaghan, a known drug user, had a history of criminal activity, including a 2019 case related to drug importation.

The conflict between Mustafa and Armaghan turned violent when Armaghan invited Mustafa to his bungalow, allegedly to use drugs together. However, the situation escalated, leading to Mustafa being beaten with an iron rod, bound, and dragged down the stairs.

Later, Armaghan, with the help of an accomplice, Shiraz, disposed of Mustafa’s body by setting it on fire in Hub. He also attempted to cover up the crime, instructing his employees to clean the bloodstains and taking Mustafa’s belongings, including his mobile phone.

Mother’s Allegations Against Kamran Qureshi

Mustafa Amir’s mother, Wajiha Amir, made serious allegations against Kamran Qureshi. She claimed that Armaghan informed his father about the murder, but instead of reporting it, Kamran advised his son to flee. She demanded Kamran’s inclusion in the investigation, questioning why authorities had not acted sooner.

Law Enforcement Under Scrutiny

The case has also exposed concerns about law enforcement involvement. Assistant Sub-Inspector (ASI) Nadeem of the Gizri police is under investigation for his suspicious communication with Armaghan during the probe. While Nadeem insisted his interactions were official, suspicions arose regarding possible obstruction of justice. As a result, three police officers were suspended for mishandling the case.

Legal Complications and Court Rulings

The Sindh High Court (SHC) ruled that certain decisions in the case, including Armaghan’s judicial remand and the formation of a Joint Investigation Team (JIT), were unlawful. This ruling has further complicated the legal proceedings.

Trump Administration Moves to Deport Indian Pro-Palestinian Scholar

The U.S. Department of Homeland Security (DHS) has detained Badar Khan Suri, an Indian postdoctoral researcher at Georgetown University, as part of President Donald Trump’s immigration crackdown.

Allegations and Detention

Tricia McLaughlin, an assistant secretary at DHS, stated that Suri was targeted for removal due to “spreading Hamas propaganda and promoting antisemitism” on social media. She further claimed that he had connections to a known Hamas advisor. However, DHS did not provide specific evidence to support these allegations.

Legal and Human Rights Concerns

Nermeen Arastu, a law professor at CUNY School of Law who is assisting Suri legally, described the situation as a politically motivated attack. She called Suri a “loving husband and father” who is deeply committed to human rights and peace.

“This is every family’s worst nightmare,” Arastu said, adding that Suri was targeted because of his political beliefs. She accused the Trump administration of using immigration enforcement to silence dissenting voices.

Human rights advocates have frequently criticized the Trump administration’s immigration policies, arguing that ICE detentions disproportionately affect certain communities.

Read: Trump Cuts Voice of America Funding, China Applauds Decision

Pattern of Immigration Crackdowns

Suri’s case is part of a broader trend of aggressive immigration policies under Trump. The administration has deported several activists and scholars who have expressed pro-Palestinian views or criticized U.S. foreign policy.

Uncertain Future

Suri’s legal team is preparing to challenge the deportation order, but the case highlights growing concerns about freedom of speech, political targeting, and immigrant rights in the United States. As global tensions rise over conflicts like the one in Gaza, the Trump administration’s approach to immigration and activism is drawing international attention.

For now, Suri remains in detention, awaiting the next legal steps that will determine his fate in the U.S.

Pakistan and Hutchison Ports Fast-Track $1 Billion Investment in Maritime Infrastructure

Pakistan’s maritime sector is set for a major transformation as the government and Hutchison Port Holdings Limited accelerate plans for a $1 billion investment in port modernization. Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry met with Andy Tsoi, Managing Director of Hutchison Ports, to finalize a fast-track strategy for the project. The discussion focused on removing obstacles, expediting approvals, and ensuring efficient execution to strengthen Pakistan’s trade and maritime capabilities.

Commitment to Speed and Efficiency

Andy Tsoi reaffirmed Hutchison Ports’ strong commitment to Pakistan. He emphasized the need for swift action to unlock the economic benefits of the investment. Both sides identified key challenges, particularly regulatory approvals and infrastructure upgrades, and agreed on solutions to streamline the process.

A major priority is the rapid adoption of automation, digitalization, and eco-friendly port solutions. These advancements will modernize operations and ensure sustainable port management.

Read: PM Shehbaz Sharif Visits Saudi Arabia to Strengthen Economic Ties

Port Modernization Plans

The investment plan primarily focuses on upgrading Karachi International Container Terminal (KICT) and South Asia Pakistan Terminals Limited (SAPT). Key improvements include:

State-of-the-art port equipment to boost efficiency
Electrification of operations for a greener environment
Better road connectivity to facilitate seamless trade

Both parties agreed to enhance coordination among stakeholders and create a well-defined roadmap for timely execution.

Government’s Support and Vision

Federal Minister Muhammad Junaid Anwar Chaudhry assured Hutchison Ports of the government’s full support. He committed to resolving operational hurdles, streamlining approval processes, and ensuring a business-friendly environment for foreign investors.

The minister also highlighted maritime tourism as a sector with immense potential. He pointed out that Pakistan’s coastline could support cruise tourism, eco-tourism, and waterfront development. He expressed willingness to collaborate with Hutchison Ports on sustainable tourism projects alongside port expansion.

Ensuring Smooth Execution

Andy Tsoi welcomed the government’s proactive approach and stressed the importance of continuous engagement to keep the project on track. To monitor progress, both parties agreed to establish a working group. This group will oversee implementation, address emerging challenges, and ensure all project phases are completed on time.

A Stronger Future for Pakistan’s Maritime Sector

The meeting concluded with a shared commitment to accelerate port modernization, strengthen Pakistan’s role in global trade, and explore new opportunities in maritime tourism. With this investment, Pakistan’s ports are set to become more efficient, competitive, and environmentally sustainable, paving the way for long-term economic growth.

Pakistan Moves to Legalize Cryptocurrency to Attract Global Investment

Pakistan is preparing to legalize cryptocurrency in an effort to draw international investors and strengthen its digital economy. The country aims to establish a regulatory framework for digital assets, ensuring secure and compliant growth in the sector. With a young, tech-savvy population and a rapidly expanding Web3 workforce, Pakistan sees crypto as an opportunity to position itself as a key player in the global digital economy.

A Shift Towards Crypto Regulation

Bilal Bin Saqib, chief adviser to the finance minister on the Pakistan Crypto Council, confirmed that the government no longer wants to remain on the sidelines. He emphasized the need for clear regulations to govern digital asset activities, making Pakistan a more attractive destination for investors.

The move aligns with global trends, as many countries are now integrating cryptocurrency into their financial systems. The government believes that a well-regulated crypto ecosystem will encourage investment, promote financial inclusion, and open new economic opportunities for young entrepreneurs.

Read: Stock Market Soars on Circular Debt Resolution Hopes

Establishing a National Crypto Council

To oversee the transition, the finance ministry has proposed the creation of a National Crypto Council. This body will be responsible for shaping policies, addressing regulatory concerns, and ensuring the safe development of Pakistan’s digital asset ecosystem. It will also collaborate with international partners to create standardized frameworks for cross-border digital economic activities.

By developing clear guidelines, Pakistan hopes to prevent illicit activities such as fraud and money laundering, which have been major concerns in unregulated crypto markets. The council aims to create a transparent and secure environment that encourages both local and international participation.

Global Influence and Strategic Goals

Saqib highlighted that Pakistan must stay competitive in the evolving digital landscape. However he pointed to the recent policy shift in the United States, where former President Donald Trump prioritized cryptocurrency in national economic strategies.

Trump’s administration introduced a Crypto Strategic Reserve, featuring major digital assets like Bitcoin, Ether, XRP, SOL, and ADA.

The Road Ahead

Pakistan’s decision to legalize cryptocurrency marks a significant step toward financial innovation. With a growing interest in blockchain technology and Web3 development, the country has the potential to become a regional hub for digital assets.

However, the success of this initiative will depend on the effectiveness of its regulatory framework. The government must ensure investor protection, market stability, and compliance with international financial laws.

Euclid Telescope Unveils First Data on Dark Universe

The Euclid space telescope has released its first set of astronomical data, marking a major milestone in the quest to understand dark matter and dark energy. Launched in 2023 by the European Space Agency (ESA), Euclid is designed to map one-third of the sky and observe 1.5 billion galaxies. Scientists hope its findings will help uncover the secrets of the universe’s invisible forces.

A New Step in Exploring the Cosmos

Euclid orbits 1.5 million kilometers from Earth and has already captured images of galaxies, nebulae, and stars. However, the latest data release is its first scientific contribution. ESA’s science director, Carole Mundell, called it a crucial step in unraveling the mysteries of the “dark universe.”

This initial release includes 27 scientific papers and covers just 0.5% of Euclid’s planned six-year survey. Despite this small portion of the project being completed, the findings provide valuable insights into the large-scale structure of the universe.

Mapping the Cosmic Web

The data hints at the vast network of galaxies known as the cosmic web.

Dark matter is thought to act as the glue that holds galaxies together, while dark energy causes the universe to expand at an accelerating rate. Understanding how these forces interact is crucial for explaining the universe’s evolution.

Testing Einstein’s Theories

Euclid’s observations allow scientists to look deep into space and, in effect, back in time. This helps track how the balance between dark matter and dark energy has shaped the universe over billions of years.

One of Euclid’s goals is to test Albert Einstein’s theory of general relativity. While his equations have passed every challenge so far, they do not fully explain the accelerating expansion of the universe caused by dark energy. By analyzing Euclid’s data, scientists hope to refine or expand on these fundamental laws of physics.

The Journey Ahead

Although this first data release did not provide groundbreaking discoveries about dark matter and dark energy, it lays the foundation for future breakthroughs. Scientists expect more significant findings as Euclid continues its mission.

With each new dataset, Euclid brings us closer to solving one of the greatest mysteries in cosmology. By the end of its mission, it may reshape our understanding of the universe and its unseen forces.

Water Crisis Deepens as Tarbela Dam Nears Dead Level

Pakistan is facing a severe water shortage as the country’s largest reservoir, Tarbela Dam, has nearly reached its dead level of 1,402 feet. This signals a worsening crisis, with water shortages at rim stations rising to 41% and canal heads experiencing a 50-55% deficit. The situation is no better at Mangla Dam, where water levels have dropped to 1,054 feet, just four feet above the dead level. If this trend continues, severe impacts on agriculture and drinking water supplies are expected.

Critical Water Levels in Major Reservoirs

Tarbela Dam’s water inflows currently stand at 13,800 cusecs, while outflows are at 20,000 cusecs. The Indus River System Authority (IRSA) has warned that Tarbela will soon switch to a run-of-the-river system, meaning there will be no stored water available.

Mangla Dam is also facing a critical situation. Its inflows are recorded at 23,236 cusecs, while outflows are at 20,351 cusecs. The Water and Power Development Authority (WAPDA) has urged IRSA to begin storing water at Mangla to prevent silt from damaging power turbines.

Sindh Faces an Alarming Crisis

Sindh is experiencing the worst effects of the water crisis. The Provincial Disaster Management Authority (PDMA) has warned that 13 districts, including Karachi and Hyderabad, are at risk of drought. The province could face over 50% water shortages in the remaining weeks of March and the early Kharif season if inflows do not improve.

The Indus River, a lifeline for Sindh, has dried up in many areas. Punjab is currently receiving 35,000 cusecs of water, while Sindh is getting 22,300 cusecs. However, these allocations are still far below required levels, putting farmers and communities in jeopardy.

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Impact on Agriculture

The water crisis threatens the upcoming Kharif season, which includes critical crops like cotton and sugarcane. Farmers already face difficulties due to reduced water availability, and if conditions do not improve by April 10, crop production will suffer major losses.

The early cotton sowing season is at high risk, while sugarcane crops may not receive enough water to grow properly. With total water storage in Pakistan plummeting to just 0.086 million acre-feet (MAF), the agricultural sector is bracing for tough times ahead.

Hope for Improvement After April 10

Despite the grim situation, there is some hope for relief. The Pakistan Meteorological Department (PMD) has forecasted an increase in water flows after April 10. Rising temperatures in the Indus River’s catchment areas, including Gilgit-Baltistan and Kashmir, are expected to accelerate glacier melting. This could improve water availability in the Indus Basin system.

If water flows increase as predicted, the overall shortage during the Kharif season may drop to around 20-25%. However, authorities remain cautious and continue to monitor the situation closely.

The Road Ahead

Pakistan’s water crisis requires urgent attention. Authorities must take immediate measures to manage available resources efficiently and plan for long-term solutions. With water reserves dwindling, strategic planning is essential to prevent further agricultural losses and ensure water security for the country.

Pakistan Aims for Strong Comeback After New Zealand Defeat

Pakistan’s head coach, Aqib Javed, remains optimistic despite the team’s disappointing 2-0 loss to New Zealand in the T20I series. He assured fans that the team is fully capable of bouncing back in the upcoming matches. Speaking to the media in Auckland, he emphasized that setbacks are part of the game, but Pakistan is determined to fight back. The Pakistan T20 team is undergoing changes to improve performance and adapt to modern cricket.

Confidence in Team’s Comeback

Javed acknowledged that fans are disheartened by the team’s performance but insisted that the early losses do not define the series. He highlighted the team’s ability to win the third match, stating that necessary changes will be made to strengthen the squad.

He also addressed concerns about the players’ lack of international exposure. Many squad members have limited experience playing outside Pakistan, making it difficult to adjust quickly. However, he expressed confidence that the team will learn and adapt to New Zealand’s conditions.

Read: Babar Azam, Naseem Shah Struggle in National T20 Cup Comeback

Challenges of Playing in New Zealand

Javed admitted that playing in New Zealand presents unique challenges. The small boundaries make it essential for batters to play aggressively and target high scores. He advised Pakistan’s batters to take advantage of these conditions by playing attacking shots.

New Zealand’s dominant performance in the second T20 match, where their openers launched a six-hitting spree to secure a five-wicket win, showcased the difficulties Pakistan faced. The host team currently leads the series, but Javed remains focused on reversing the tide.

Plans for Pakistan’s T20 Squad

Javed discussed Pakistan’s long-term goals for T20 cricket. He stressed that modern cricket has changed, and teams must evolve accordingly. Pakistan is working on developing a separate squad specifically for T20 matches.

He also dismissed discussions about past team selections, including debates over Sarfaraz Ahmed’s captaincy, stating that those matters are outdated. Instead, the focus is on building a strong team for upcoming international tournaments.

Preparation for Asia Cup and World Cup

Pakistan is not only looking to improve in the ongoing series but also preparing for major upcoming tournaments. Javed revealed that the team is gearing up for the Asia Cup and the T20 World Cup. The coaching staff is focused on finalizing a well-balanced squad.

He believes that Pakistan will have a stronger lineup once players like Saim Ayub and Fakhar Zaman join the team. Their inclusion is expected to boost the batting department and add more depth to the squad.

Fast Bowlers Must Step Up

Javed also commented on the performance of Pakistan’s fast bowlers. He noted that conceding multiple sixes is not a major concern but emphasized the need for improvement. He expects the pace attack to refine their strategies and maintain consistency.

Speaking about Shaheen Shah Afridi, he stated that the pacer must raise his game to establish himself further at the international level. Afridi’s performance will be crucial in determining Pakistan’s success in upcoming matches.

Looking Ahead

Despite the losses, Javed remains hopeful about Pakistan’s performance in the remainder of the series. He believes that with the right adjustments and a determined mindset, the team can stage a strong comeback. Fans can expect a more competitive Pakistan side as they continue their preparations for major international events.

Pakistan Denies Knowledge of Citizens Traveling to Israel

Pakistan’s Foreign Office (FO) has denied reports of its citizens traveling to Israel, stating that investigations are underway. The government is gathering information on the matter and will provide an official statement once details are confirmed. Meanwhile, Pakistan continues to condemn Israel’s military actions in Gaza and Khan Younis.

No Information on Travel to Israel

During a weekly press briefing, FO Spokesperson Shafqat Ali Khan stated that there is no official confirmation of Pakistanis traveling to Israel. He assured that the government is actively investigating the reports. Any formal comment will be made once the facts are verified.

Strong Condemnation of Israeli Attacks

Khan reiterated Pakistan’s strong opposition to Israel’s ongoing military strikes in Gaza and Khan Younis. He emphasized that Pakistan has consistently condemned the violence and called for an immediate end to the attacks. The country stands in solidarity with the Palestinian people.

Read: PM Shehbaz Sharif Visits Saudi Arabia to Strengthen Economic Ties

National Security and Defense Capabilities

Discussing national security, Khan stressed that Pakistan’s missile and defense systems are designed solely for the nation’s stability and protection. He reassured that the country’s nuclear program remains “completely secure and invulnerable.” The advanced missile system serves as a strategic deterrent against external threats.

No US Travel Restrictions for Pakistanis

Addressing recent speculation, Khan dismissed rumors about US entry restrictions for Pakistani citizens. He clarified that the US State Department has already denied such claims, reaffirming that there are no new travel limitations in place.

Diplomatic Engagements with Afghanistan

Khan also addressed Pakistan’s recent diplomatic interactions with Afghanistan. He confirmed that the Afghan chargé d’affaires was summoned for discussions, but stressed that such engagements are routine.

Regarding Afghan refugees, he stated that Pakistan’s repatriation deadline remains unchanged. Additionally, the Torkham border has been reopened and will stay operational until April 15. Talks are ongoing to find a long-term solution.

Human Smuggling Investigations

Responding to concerns about human smuggling, Khan denied any involvement of FO officials in such activities. He assured that a fact-finding committee is investigating claims circulating on social media. However the government remains committed to curbing illegal migration and ensuring accountability.

Prime Minister’s Visit to Saudi Arabia

Khan confirmed that Prime Minister Shehbaz Sharif recently visited Saudi Arabia. During his trip, he met Crown Prince Mohammed bin Salman and expressed appreciation for Saudi Arabia’s continued support. Discussions focused on strengthening bilateral relations and economic cooperation.

India’s Role in Cross-Border Tensions

The FO spokesperson also criticized India’s silence on the recent attack on the Jaffer Express train in Pakistan. He stated that New Delhi’s involvement in cross-border terrorism is evident. Pakistan continues to demand accountability and urges the international community to take notice.

Ongoing Developments

The government remains focused on national security, diplomatic relations, and the protection of its citizens. Investigations into reported travel to Israel are ongoing, and Pakistan will issue an official stance once all facts are verified. Meanwhile, the country continues to prioritize stability and regional peace.

ConnectHear Launches AI-Based Disaster Protection for the Deaf Community

Karachi – March 20, 2025 – ConnectHear, a leading assistive technology startup in South Asia, has introduced an AI-driven disaster response system to protect deaf individuals during natural calamities. The initiative was launched at the “Access, Ability, Tech” event in Karachi, aiming to ensure life-saving communication for all. This project is supported by the GSMA Humanitarian Innovation Fund, in partnership with Hands and Ufone 4G.

Bridging the Communication Gap in Emergencies

Pakistan, one of the top ten countries most affected by climate disasters, faces severe challenges in disseminating timely information during crises. The situation is even more critical for over 10 million deaf individuals, who often lack access to emergency alerts.

With its AI-powered sign language interpretation platform, ConnectHear is addressing this issue by ensuring seamless communication in emergencies. This system will provide real-time alerts and accessible information to help deaf individuals respond effectively to disasters.

Keynote Speakers Emphasize Inclusive Disaster Management

The event featured notable speakers who highlighted the importance of inclusive emergency response strategies.

Kamran Akbar, a social development expert and senior official at the World Bank, stressed the need for equitable crisis management. He stated, “Ensuring the safety of every individual in a disaster is not just a necessity but a responsibility. AI-driven solutions can break communication barriers and revolutionize emergency response for the deaf community.”

Brigadier (Retd.) Tariq Qadir Lakher, CEO of SIEHS-1122, emphasized the role of AI in improving emergency response. He remarked, “Innovative AI-powered services make crisis response more inclusive. This initiative guarantees that deaf individuals receive timely life-saving assistance.”

Read: FireSat: Google’s Advanced Satellite Revolutionizes Wildfire Detection

Panel Discussion on Tech and Public-Private Partnerships

A panel discussion titled “Collaboration for Inclusion – The Role of Technology and Partnerships in Disaster Response” explored how public and private sectors can work together to enhance disaster preparedness.

Moderated by ConnectHear CEO, Azeema Dhanji, the panel featured:

Dr. Mazhar Iqbal, Health Expert at UNICEF
Dr. Sheikh Tanveer Ahmed, CEO of Hands
Mubashar Fida, Senior Manager, Public Relations & Social Impact, Ufone 4G
Representatives from disability welfare organizations

The discussion underscored the critical role of technology in making disaster response more inclusive.

AI-Powered Technologies for Disaster Preparedness

ConnectHear has introduced two groundbreaking AI solutions:

Early Warning AI (EWAI) – An AI-driven system that delivers automated video alerts in sign language, warning deaf individuals of impending natural disasters.
Virtual Sign Language Platform – Designed to work efficiently even in low-network areas, ensuring uninterrupted communication during emergencies.

To maximize impact, Ufone 4G will broadcast these AI-generated alerts, while Hands will lead community outreach and training efforts. Additionally, Ufone 4G has waived data charges for the ConnectHear app, allowing free access for users.

Scaling Impact and Future Goals

Initially, this project aims to support 1,000 deaf individuals, with plans to expand through partnerships with more organizations. The goal is to strengthen disaster preparedness and enhance accessibility for Pakistan’s deaf community.

ConnectHear’s Mission for Inclusive Innovation

Since its inception in 2017, ConnectHear has been at the forefront of assistive technology. The company has:

Trained over 2,200 employees in disability awareness
Connected 4,000 deaf individuals with inclusive employers
Provided nearly 2 million minutes of sign language interpretation

By leveraging AI-powered sign language recognition and optimization, ConnectHear continues to break communication barriers and drive social impact through technology.

This latest initiative marks a significant step toward inclusive disaster response, ensuring that no one is left behind during emergencies.

Danish Taimoor Responds to Backlash Over Polygamy Remarks

Renowned Pakistani actor Danish Taimoor has addressed the backlash he faced after his comments on polygamy during a Ramadan TV transmission.

The controversy erupted when Taimoor, while discussing personal matters, remarked that men are permitted to marry four times.

Taimoor’s Statement and Public Reaction

“The permission for four marriages has been granted, but I am not doing it yet—that’s a different story,” he said with his wife, Ayeza Khan, present in the audience.

He added, “I say this in front of her [Ayeza] and today in front of you all. I am allowed to marry four times, but because of my love and respect for her, for now (filhal), I want to spend my life with her.”

However, his use of the word filhal (for now) sparked outrage, with many viewers interpreting it as a problematic choice of words.

Read: Saboor Aly and Ali Ansari Celebrate the Birth of Their Baby Girl

Actor Issues Clarification and Apology

Following heavy criticism, Taimoor took to Instagram to address the controversy and reassure fans that his statement was misinterpreted.

“I know many of you are upset with me. Some people believe I disrespected my wife, but that was never my intention,” he clarified.

He explained that filhal is a word he commonly uses in daily life and that he did not mean to imply uncertainty about his commitment to Ayeza.

“Maybe I shouldn’t have used that word, or maybe it was a slip of the tongue. But I want to stress that I deeply love and respect Ayeza,” he said.

“I Wholeheartedly Apologize”

Taimoor further expressed regret if his words hurt anyone.

“If anyone felt offended, I wholeheartedly apologize. I have been in the industry for 18 years without controversy, and I want to keep it that way.”

He assured fans that his marriage remains strong. “Ayeza and I are very happy together. Please keep us in your prayers, and stay happy in your own lives.”

Pakistan Stock Exchange Hits Record High on Thursday Amid IMF Optimism

KARACHI: The Pakistan Stock Exchange (PSX) soared to a new all-time high on Thursday. Investors reacted positively to reports of the International Monetary Fund’s (IMF) readiness to approve the government’s circular debt management plan.

The bullish momentum gained strength as discussions on privatizing state-owned enterprises (SOEs) continued. Hopes of a cut in industrial power tariffs further fueled buying interest.

The benchmark KSE-100 Index touched an intraday high of 119,421.81 points, gaining 1,447.79 points or 1.23%. The lowest level recorded during the session stood at 118,525.00, still up 550.98 points or 0.47% from the previous close of 117,974.02.

“Market made a new high, causing technical players to initiate fresh long positions. This, along with IMF news and circular debt resolution discussions, is boosting investor confidence,” said Ahfaz Mustafa, CEO of Ismail Iqbal Securities.

Investor sentiment remained strong following reports that the IMF had approved Pakistan’s request to borrow Rs1.25 trillion ($4.5 billion) from domestic banks. The government aims to use these funds to reduce circular debt without adding to the official public debt.

The development triggered fresh institutional and retail buying. Investors targeted blue-chip stocks, pushing the market to record levels.

The bullish rally also found support from the government’s Treasury Bill (T-bill) auction on Wednesday. The government raised Rs392 billion, though it fell short of the Rs800 billion target and remained lower than the Rs513 billion maturity amount.

According to the State Bank of Pakistan (SBP), cut-off yields on Treasury bills largely remained stable. However, the 12-month paper saw a slight increase of 26 basis points (bps) to 11.8999%. The yield on the one-month Treasury bill stood at 12.0498%, while the three-month paper remained unchanged at 11.8242%. The six-month T-bill closed steady at 11.6699%.

Read: JUI-F Leader Hafiz Hussain Ahmed Passes Away

The stock market has now posted gains for five consecutive sessions. Energy and banking stocks led the rally.

Analysts believe that investor confidence will remain high if economic policies stay on track. “The market could see further gains if the government successfully implements its circular debt plan and attracts foreign investment,” said a senior market analyst.

Despite the strong rally, some investors remain cautious. Concerns over inflation, interest rates, and external financing needs could impact sentiment in the coming weeks.

For now, the PSX continues its upward trajectory, reflecting optimism in Pakistan’s economic outlook.

JUI-F Leader Hafiz Hussain Ahmed Passes Away

QUETTA: Senior Jamiat Ulema-e-Islam-Fazl (JUI-F) leader Hafiz Hussain Ahmed passed away on Wednesday after battling a prolonged illness, his son Munir Ahmed confirmed.

Ahmed had been suffering from kidney disease for a long time, his son said. The family will announce details of his funeral prayer and burial later.

Molana Fazlur Rehman Pays Tribute

Jamiat Ulema-e-Islam-Fazl (JUI-F) Chief Molana Fazlur Rehman expressed deep sorrow over the passing of Hafiz Sahib. He prayed for the acceptance of Hafiz Sahib’s services and contributions. He said, “In the blessed moments of Ramadan, presenting oneself before Allah Almighty is surely a means of great honor and elevation of ranks.”

He extended his heartfelt condolences to Hafiz Sahib’s family, loved ones, and JUI-F workers. He acknowledged the deceased leader’s dedication and unwavering struggle for the cause of Islam and justice. He described Hafiz Sahib as a leader who had always been a voice of wisdom and a man of strong ideology.

Read: Sehri and Iftar Timings for 19th Ramadan – March 20, 2025

Call for Prayers and Remembrance

Molana Fazlur Rehman urged religious scholars, JUI-F members, and supporters to remember Hafiz Sahib in their prayers. He emphasized that the void left by such a great personality is irreplaceable.

“In this moment of grief, I stand with the bereaved family,” he said. He prayed that Allah Almighty grants them the strength to bear this loss with patience.

The JUI-F leader encouraged all followers and well-wishers to continue Hafiz Sahib’s mission of service and dedication. He expressed hope that his legacy would live on through the commitment and unity of his followers.

Dedication and Leadership

Hafiz Sahib was known for his strong leadership, deep knowledge, and unwavering commitment. Throughout his life, he remained steadfast in his political and ideological journey. His contributions to religious, social, and parliamentary affairs will always be remembered.

The JUI-F and the wider religious and political community mourn the loss of one of their most respected leaders. His passing marks the end of an era, but his teachings, values, and struggles will continue to inspire future generations.

Sehri and Iftar Timings for 19th Ramadan – March 20, 2025

On the 19th of Ramadan 1446 AH, corresponding to March 20, 2025, the Sehri (pre-dawn meal) and Iftar (evening meal) timings for major cities in Pakistan are as follows:

City	Sehri Time	Iftar Time
Karachi	5:19 AM	6:44 PM
Lahore	4:45 AM	6:15 PM
Islamabad	4:47 AM	6:18 PM
Rawalpindi	4:47 AM	6:18 PM
Peshawar	4:53 AM	6:25 PM
Quetta	5:15 AM	6:43 PM
Multan	4:57 AM	6:26 PM
Faisalabad	4:50 AM	6:19 PM
Sialkot	4:43 AM	6:14 PM
Hyderabad	5:13 AM	6:37 PM
Sukkur	5:10 AM	6:35 PM
Gujranwala	4:45 AM	6:16 PM
Kotli	4:45 AM	6:17 PM

Note: These timings are based on the Hanafi school of thought. For Fiqa Jafria (Shia) timings, Sehri is typically 10 minutes earlier, and Iftar is 10 minutes later.

Dua for Sehri (Suhoor) Before Starting the Fast

وَبِصَوْمِ غَدٍ نَّوَيْتُ مِنْ شَهْرِ رَمَضَانَ

Transliteration:
Wa bisawmi ghadin nawaitu min shahri Ramadan.

Translation:
“I intend to keep the fast for tomorrow in the month of Ramadan.”

The Battlefield Where Heaven and Earth Collided

Dua for the Second Ashra of Ramadan (10th – 20th Ramadan: Days of Forgiveness)

اللهم اغفر لي ذنوبي يا رب العالمين

Transliteration:
Allahummaghfir li dhunubi ya Rabbal ‘alamin.

Translation:
“O Allah, forgive my sins, O Lord of the worlds.”

The second Ashra focuses on seeking forgiveness, and believers are encouraged to make Istighfar (asking for forgiveness) frequently during these blessed days.

Dua for Breaking the Fast (Iftar Dua)

The Prophet Muhammad ﷺ used to say the following dua before eating at Iftar:

اللَّهُمَّ إِنِّي لَكَ صُمْتُ وَبِكَ آمَنْتُ وَعَلَيْكَ تَوَكَّلْتُ وَعَلَىٰ رِزْقِكَ أَفْطَرْتُ

Transliteration:
Allahumma inni laka sumtu wa bika aamantu wa ‘alayka tawakkaltu wa ‘ala rizq-ika aftartu.

Translation:
“O Allah! I fasted for You, I believe in You, I put my trust in You, and with Your sustenance, I break my fast.”

(Abu Dawood 2358)

Dua for the Second Ashra of Ramadan (10th to 20th Ramadan)

The second Ashra (middle 10 days) of Ramadan is known for seeking forgiveness (Maghfirah).

اَسْتَغْفِرُاللّٰهَ رَبِّيْ مِنْ كُلِّ ذَنْبٍ وَّأَتُوْبُ اِلَيْهِ

Transliteration:
Astagfirullaha Rabbi min kulli dhanbin wa atubu ilayh.

Translation:
“I seek forgiveness from Allah, my Lord, for all my sins, and I turn to Him in repentance.”

Recommended Actions in the Second Ashra

Seek Forgiveness Daily – Say Astagfirullah 100 times a day.
Repent with Sincerity – Ask Allah to forgive past sins.
Increase Prayers & Quran Recitation – Strengthen your connection with Allah.
Help the Needy & Give Charity – Earn rewards by helping others.

PM Shehbaz Sharif Visits Saudi Arabia to Strengthen Economic Ties

Prime Minister Shehbaz Sharif has arrived in Jeddah for a four-day visit aimed at enhancing Pakistan-Saudi economic cooperation. He was welcomed by Prince Saud bin Mishaal bin Abdulaziz, the deputy governor of Makkah, upon his arrival on March 19, 2025. During his visit, he will hold high-level meetings to boost trade, expand investments, and strengthen bilateral relations.

Key Meetings and Economic Focus

The highlight of the visit is a meeting between PM Shehbaz Sharif and Saudi Crown Prince Mohammed bin Salman. Both leaders will discuss strategies to enhance trade partnerships, investment opportunities, and private-sector cooperation. This visit follows the signing of 34 Memorandums of Understanding (MoUs) worth $2.8 billion last October, signaling a commitment to stronger commercial ties.

Pakistan sees Saudi Arabia as a vital trade partner and economic ally, especially as the country navigates financial challenges. Strengthening business-to-business relationships is a key priority, with a focus on sectors that can benefit from Saudi Arabia’s Vision 2030 reforms.

Exploring Saudi Vision 2030 Opportunities

Saudi Arabia’s Vision 2030 aims to diversify its economy and attract foreign investment. Pakistan seeks to position itself as a valuable partner in this transformation. The Kingdom’s growing consumer market presents new business opportunities, especially in construction, technology, and energy.

The discussions will also cover investment-friendly policies, encouraging Pakistani businesses to tap into Saudi infrastructure and development projects. The presence of 2.7 million Pakistanis in Saudi Arabia, who contribute significantly to remittances, further strengthens economic interdependence.

Regional Affairs and Strategic Discussions

Beyond economic matters, the leaders will discuss regional issues such as the situation in Gaza and the evolving geopolitical landscape of the Middle East. As two influential nations in the Muslim world, their diplomatic engagements hold broader significance.

Pakistan and Saudi Arabia have long-standing defense, cultural, and diplomatic ties. This visit aims to deepen those relations by fostering political cooperation alongside economic collaboration.

High-Level Delegation and Investment Talks

Prime Minister Shehbaz Sharif is accompanied by a high-profile delegation, including:

Deputy Prime Minister and Foreign Minister Ishaq Dar
Punjab Chief Minister Maryam Nawaz
Key federal ministers and officials

They will engage with Saudi counterparts to explore investment opportunities, financial partnerships, and new trade agreements. Discussions will focus on expanding private sector investments, ensuring a mutually beneficial economic framework.

Strengthening Pakistan-Saudi Relations

This visit reaffirms Pakistan-Saudi economic cooperation and underscores their deep historical ties. Strengthening trade and investment partnerships will boost Pakistan’s economy, create new business prospects, and enhance diplomatic ties between the two nations. The outcomes of these discussions will shape future collaboration, making this visit a significant step forward.

Torkham Border Reopens After 25 Days Following Ceasefire Agreement

The Torkham border, a crucial gateway for trade and travel between Pakistan and Afghanistan, has reopened after a 25-day closure. Authorities from both countries reached a ceasefire agreement, allowing commercial trucks to resume operations. From Friday onwards, pedestrian crossings will also be permitted, restoring movement between the two nations.

Trade Resumes After Long Disruption

The closure, which began on February 21, halted all cross-border trade and travel. It was triggered by a dispute over Afghan forces building a bunker near Zero-Point, leading to clashes with Pakistan’s Frontier Corps (FC). The standoff left hundreds of trucks stranded, disrupting vital food and commercial supply chains to Afghanistan.

With the reopening, bilateral trade has resumed, and trucks loaded with goods have started entering Afghanistan. Officials expect the restored flow of goods to ease economic pressure on both sides.

Ceasefire and Removal of Disputed Structure

Pakistani tribal jirga leader Syed Jawad Hussain Kazmi confirmed that Afghan officials agreed to remove the controversial construction, which had fueled tensions. A ceasefire will remain in place until the Joint Coordination Committee (JCC) meets, ensuring continued stability.

Pakistani security officials welcomed this development, expressing satisfaction with Afghanistan’s decision to de-escalate the situation.

Read: SBP Confirms Fresh Banknote Issuance for Eid

Economic Impact of the Closure

Before the closure, the Torkham border facilitated daily trade worth around $3 million. The disruption affected businesses on both sides, with Afghanistan relying heavily on food imports from Pakistan. In 2024, bilateral trade exceeded $1.6 billion, highlighting the economic significance of this route.

Aside from trade, the border crossing sees the daily movement of approximately 10,000 people, including traders, medical patients, and workers. The reopening is expected to revive economic activity and ease hardships for those dependent on cross-border movement.

Security Concerns and Ongoing Tensions

While the reopening is a positive step, security concerns remain. Pakistan has repeatedly urged Afghanistan to prevent its soil from being used by terrorist groups, particularly the Tehreek-e-Taliban Pakistan (TTP). Islamabad has pointed to reports, including one submitted to the United Nations Security Council (UNSC), detailing the alleged support provided by Kabul to the TTP.

The 2,500-kilometer-long border remains a source of regional tensions, with both nations seeking to balance trade interests with security challenges.

Looking Ahead

The reopening of the Torkham border marks a critical step toward restoring stability in trade and regional relations. However, the long-term resolution of border disputes and security concerns will require continuous diplomatic efforts. The upcoming JCC meeting will play a key role in shaping future engagements between Pakistan and Afghanistan.

Secretary Commerce Suspends DGTO’s Decision, Restores Chamber of Commerce

The Secretary of Commerce has taken decisive action. He suspended the DGTO’s decision and restored the Chamber of Commerce. The DGTO had separated the voter lists for the Corporate Class and Associations Class. It then barred separate elections. Following this, the office bearers left the chamber. Their nameplates were removed. The move created confusion among the chamber members.

Appeal and Reinstatement

BMG Chairman Zubair Motiwala and KCCI President Javed Bilwani did not accept this decision silently. They filed an appeal with the Secretary of Commerce. They argued that the chamber had always followed proper procedures. Their appeal reached the Ministry of Commerce. After a detailed hearing, the Secretary of Commerce reinstated the office bearers of the chamber. This decision restored the status quo.

Legal Basis for the Decision

The Secretary of Commerce explained his decision in clear terms. He cited relevant legal provisions and rules established under them. He stated that the Ministry of Commerce acts as the appellate authority. Under Section 21, Subsection (2) of the Act, the Ministry holds this power. The regulator’s order, No. 03/2025 dated 03-03-2025, was thus subject to review. The Secretary suspended this order until the next hearing. He directed the concerned parties to appear before him on April 10, 2025, at 2:00 PM. This step ensures that all legal aspects will be considered before any further action.

Press Conference Announcement

The matter has sparked a wave of interest in the business community. KCCI President Javed Bilwani and BMG Chairman Zubair Motiwala have scheduled a press conference for today (Thursday). They plan to explain the developments in detail. Their aim is to clear the air among the stakeholders. They want the community to know that the chamber has been restored. They urge everyone to trust the process and remain patient.

Comments from the Leaders

Zubair Motiwala spoke at length about the decision. He expressed relief that the order against the chamber had been suspended. He confirmed that the stance of the office bearers and the Managing Committee had been fully restored. He added, “I will be at the Chamber tomorrow at 11:00 AM along with the leadership and office bearers. Please join us in celebrating the success of our rightful stance.” His words echoed a call for unity and perseverance. He further advised everyone to remain calm and place their trust in Allah (SWT).

Community and Future Prospects

The restored chamber now stands as a symbol of resilience. The decision has reassured Karachi’s business community. It shows that the authorities respect due process. The Ministry of Commerce acted within its legal rights. Business leaders and members of the chamber have expressed optimism about the future. They see the decision as a victory for transparency and fairness. The chamber has always played a key role in serving Karachi’s commercial interests and Pakistan’s overall economic health.

A Call for Patience and Dedication

Zubair Motiwala’s final remarks carried an inspiring message. He said, “We have always served Karachi’s business community and Pakistan in general. InshaAllah, we will continue to do so with even greater dedication and hard work.” He prayed for more strength and wisdom to carry forward the great vision of Siraj Qasim Teli. His words resonated deeply with the audience. They reminded everyone that the path to progress requires patience and unity.

The story of this decision stands as an example of how the legal system and business community can work together. It is a clear win for proper governance and a step forward for the Chamber of Commerce in Karachi.