Pakistan’s finance chief discusses trade, investment with Saudi counterpart in Washington

Pakistan’s finance chief discusses trade, investment with Saudi counterpart in Washington
Pakistan’s Finance Minister Muhammad Aurangzeb (fifth from left) meets his Saudi counterpart, Mohammed Al-Jadaan (fourth from right) on the sidelines of World Bank-IMF Annual Meetings in the United States on October 23, 2024. (@Financegovpk/X)
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Updated 23 October 2024

Pakistan’s finance chief discusses trade, investment with Saudi counterpart in Washington

Pakistan’s finance chief discusses trade, investment with Saudi counterpart in Washington
  • Saudi minister shares kingdom’s energy sector reform experience with Muhammad Aurangzeb
  • The officials from both countries agreed to advance cooperation in areas of mutual interest

ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb on Tuesday discussed trade and investment with his Saudi counterpart, Mohammed Aljadaan, during a meeting in the United States, according to an official statement.
The Pakistani minister is currently in Washington, DC, attending the annual meetings of the World Bank and the International Monetary Fund (IMF), where other global finance leaders have also gathered.
Last month, the IMF approved a fresh $7 billion bailout package for Pakistan after recognizing the government’s efforts to implement stringent economic reforms, saying they had contributed to gradual financial stability.
, along with other friendly nations such as China and the United Arab Emirates, played a key role in helping Pakistan secure the new IMF loan, which the Islamabad administration deemed essential for further macroeconomic stability.
“Finance Minister, Mr. Muhammad Aurangzeb, met with his Saudi counterpart, H.E. Mohammed Aljadaan, on the sidelines of the World Bank-IMF Annual Meetings in Washington DC,” the Finance Division announced. “Appreciating the historical, fraternal bonds between Pakistan and the Kingdom of , the two Ministers resolved to further deepen mutually beneficial economic ties, enhance bilateral trade, and facilitate investments in key sectors.”
“The Saudi Minister also shared his experience of reforms in the energy sector,” the statement continued. “Both sides agreed to advance cooperation in areas of mutual interest.”
Pakistan has actively sought to attract foreign investment while aiming to boost trade with its allies.
In 2023, the government established the Special Investment Facilitation Council (SIFC), a civil-military hybrid body designed to streamline and facilitate foreign business operations, particularly targeting investment from Gulf states.
Alongside these efforts, Pakistan has expressed interest in exporting a larger pool of human resources to the region, enhancing its workforce contribution to the Gulf economies.
Additionally, the country is keen on developing partnerships across various economic sectors, including infrastructure, energy, mining and agriculture, to promote sustainable growth and economic cooperation with its allies.


Karachi under emergency as flash floods kill seven, paralyze Pakistan’s financial hub

Karachi under emergency as flash floods kill seven, paralyze Pakistan’s financial hub
Updated 19 August 2025

Karachi under emergency as flash floods kill seven, paralyze Pakistan’s financial hub

Karachi under emergency as flash floods kill seven, paralyze Pakistan’s financial hub
  • The education department has announced closure of all schools and colleges in Karachi on Wednesday
  • Pakistan is currently witnessing an intense monsoon season that has killed over 700 people since June

KARACHI: Authorities in Pakistan’s Sindh province have imposed an emergency in Karachi, the country’s largest city and commercial capital, after flash floods triggered by heavy rain inundated vast swathes of the metropolis, killing at least seven people in separate incidents.

The downpour on Tuesday brought life to a standstill as several thoroughfares in the city of over 20 million were deluged by floodwaters. Rainwater entered homes in low-lying areas of the city, triggering power outages.

Local authorities advised people to avoid commuting as many returning from work and schools were stranded, with vehicles strewn along roads forcing many to navigate to safety in waist-deep water.

“The Mayor Karachi hereby declared Rain Emergency within the city of Karachi,” the Karachi Metropolitan Corporation (KMC), which oversees administrative affairs of the city, said in a notification.

“The municipal services, fire brigade and USAR (urban search and rescue) departments, KMC are directed to establish Rain Emergency Cell and coordinate with all Essential Services Departments.”

Separately, the provincial education department announced that all schools and colleges in Karachi will remain closed on Wednesday on account of the situation.

Hassaan Khan, a spokesperson for Sindh Rescue 1122 service, said their teams were working tirelessly across the city to respond to rain-related emergencies.

“Unfortunately, seven people have lost their lives in separate rain-related incidents, four in Gulistan-e-Jauhar after a house wall collapsed, one child in a wall collapse in Orangi and two by electrocution in North Karachi and Defense,” Khan told Arab News.

People wade through a flooded street after heavy rainfall in Karachi on August 19, 2025. (AFP)

Karachi, a city of more than 20 million with a dilapidated infrastructure, has often seen even moderate rains trigger flooding in parts of the city, threatening lives of residents and causing hours-long power outages.

The downpour in Karachi occurred at a time when Pakistan is witnessing an intense monsoon season that has already ravaged several areas, particularly in the country’s north where cloudburst-triggered deluges have killed nearly 400 people since Aug. 15.

In total, 707 Pakistanis have perished in this year’s monsoon season that began on June 26, according to the National Disaster Management Authority (NDMA). Two more spells of rains are expected in the country until mid-September, officials say.

The situation has raised fears of a repeat of the catastrophic 2022 floods that submerged a third of Pakistan and killed more than 1,700 people, besides causing $30 billion in economic losses.


Azerbaijan ‘eager’ to learn from Pakistan’s multi-domain air warfare — Pakistani military

Azerbaijan ‘eager’ to learn from Pakistan’s multi-domain air warfare — Pakistani military
Updated 19 August 2025

Azerbaijan ‘eager’ to learn from Pakistan’s multi-domain air warfare — Pakistani military

Azerbaijan ‘eager’ to learn from Pakistan’s multi-domain air warfare — Pakistani military
  • The statement came after a high-level Azerbaijan delegation visited the Air Headquarters in Islamabad to discuss bilateral defense collaboration
  • It follows a Pakistan-India standoff in May, during which officials said the PAF conducted multi-domain operations to down six Indian fighter jets

ISLAMABAD: Azerbaijan has expressed a keen interest in learning the Pakistan Air Force’s (PAF) multi-domain air warfare to strengthen its defense capabilities, the Pakistani military said on Tuesday.

The statement came after a high-level Azerbaijan delegation, led by Deputy Minister and Director-General of Defense Agil Gurbanov, called on the PAF chief, Air Chief Marshal Zaheer Ahmed Baber Sidhu, at the Air Headquarters in Islamabad.

The visit follows a four-day Pakistan-India military standoff in May, during which officials said the PAF successfully conducted multi-domain operations to down six Indian fighter jets, including the French-made Rafale jets. While India has acknowledged losses in the air, it has not specified the number of aircraft lost.

During Tuesday’s meeting in Islamabad, both sides engaged in extensive discussions and underscored a shared commitment to fostering defense collaboration in training, modernization and technical expertise, according to the Inter-Services Public Relations (ISPR), the Pakistani military’s media wing.

Deputy Minister Gurbanov “conveyed Azerbaijan’s strong desire for collaboration across Multi-Domain Operations, noting that Pakistan Air Force’s rich operational experience provides a valuable model for Azerbaijan,” the ISPR said in a statement after the meeting.

“He added that his country is especially eager to learn PAF’s complete methodology of Multi Domain warfare to strengthen its own capabilities.”

The hour-long India-Pakistan fight, which took place in darkness, involved some 110 aircraft, experts estimate, making it the world’s largest air battle in decades.

Pakistan’s Chines-made J-10s shot down at least one Rafale, Reuters reported in May, citing US officials. Its downing surprised many in the military community and raised questions about the effectiveness of Western military hardware against untested Chinese alternatives.

Deputy Minister Gurbanov termed the PAF’s seamless integration of multi-domain operations a “hallmark of modern air warfare” and conveyed Azerbaijan’s “keen interest” in learning from PAF’s battle-proven experience. Underscoring the importance of joint training initiatives through bilateral exercises between the two air forces, the visiting dignitary emphasized that such cooperation would enhance shared learning, interoperability and professional excellence, according to the ISPR.

During the meeting, Air Chief Marshal Sidhu shared insight into the PAF’s various ongoing modernization projects, operational construct, force goals and plans for the force structure, with a focus on future warfare. He reiterated the PAF’s unwavering support to provide capacity-building assistance to the Azerbaijan Air Force in upgradation of its human resource, maintenance parameters and operational training.

“The dignitary reiterated Azerbaijan’s intent to revamp its entire training system, beginning from the academy level, and acknowledged Pakistan Air Force as a trusted partner in guiding this transformation,” the ISPR said.

“He expressed confidence that cooperation with PAF would significantly contribute to the modernization and professional growth of Azerbaijan Air Force.”

Pakistan and Azerbaijan maintain close brotherly, trade and defense ties. In July 2024, Azerbaijan announced a $2 billion investment in Pakistan during a visit by President Ilham Aliyev to Islamabad. In September last year, Pakistan signed a contract to supply JF-17 Block III fighter jets to Azerbaijan, marking the deepening of defense cooperation.

“The visit of the Azerbaijani defense delegation to Air Headquarters, Islamabad reflects the mutual commitment of Pakistan and Azerbaijan to further deepen their strategic partnership, while reinforcing the shared aspirations for regional peace, security and stability,” the ISPR added.


Why cloudbursts have killed hundreds in Pakistan and India this monsoon season

Why cloudbursts have killed hundreds in Pakistan and India this monsoon season
Updated 19 August 2025

Why cloudbursts have killed hundreds in Pakistan and India this monsoon season

Why cloudbursts have killed hundreds in Pakistan and India this monsoon season
  • This monsoon season has so far seen at least four major deadly cloudbursts, including in Pakistan's Buner where more than 200 people died
  • Forecasting such events days in advance is nearly impossible, though radars can track build-up of dense clouds and give short-term warnings

ISLAMABAD/NEW DELHI: Massive, sudden downpours of rain known as cloudbursts have struck Pakistan and India during this monsoon season, killing hundreds of people in the flash floods and landslides they have triggered.

WHAT ARE CLOUDBURSTS AND WHY DO THEY OCCUR?

By a widely accepted definition, a cloudburst means more than 100 mm (4 inches) of rainfall in one hour, over a small area.

This year, the monsoon, which originates in the Bay of Bengal and then sweeps westwards across northern India to Pakistan every summer, has brought deadly cloudbursts. Weather studies say cloudbursts typically occur in South Asia when warm, monsoon winds, laden with moisture, meet the cold mountain air in the north of India and Pakistan, causing condensation. With a warming planet, the monsoon has hotter air, which can carry more moisture.

India's weather department data shows cloudbursts are most common in the Himalayan regions of Indian Kashmir, Ladakh, Himachal Pradesh and Uttarakhand.

Fahad Saeed, a senior climate scientist at Berlin-based Climate Analytics, said that in the mountains of northern Pakistan, the warm monsoon system coming from the east was meeting colder air coming from the west, from the subtropical jet stream - a high-altitude weather system that originates in the Mediterranean.

Global warming is pushing this jet stream further south in summer, he said, where it can now combine with the lower-level clouds of the monsoon in Pakistan, forming a tower of clouds which then generatesg intense rain. Similar intense rainfall, though triggered by different local factors, takes place around the world, such as the floods in Texas in July, when more than 300 mm of rain fell in less than an hour, sending a wall of water down the Guadalupe River.

WHY IS THE REGION BEING HIT SO BADLY BY CLOUDBURSTS?

This monsoon season has so far seen at least four major deadly cloudbursts, including in Uttarakhand, India, where video captured the moment when village buildings were swept down a mountain, and in Buner, in the Hindu Kush mountain range in Pakistan, where more than 200 people died after at least 150 mm of rain fell within an hour.

S D Sanap, a scientist with the India Meteorological Department's Pune office, said such cloudburst events were becoming more frequent in the western Himalayas, which run across India and into Pakistan, but pinning the rise on a single cause was not easy.

The cloudburst events on both sides of the border were triggered the same way: very moist monsoon air, upslope winds, and storms that stalled over valleys, said Moetasim Ashfaq, a weather expert based in the U.S.

If a cloudburst happens over flat land, the rainfall spreads over a wide area, so the impact is less severe, said Pradeep Dangol, a senior hydrology research associate at the International Centre for Integrated Mountain Development, based in Nepal.

But in steep mountain valleys, the rain is concentrated into narrow streams and slopes, with the potential to trigger flash floods and landslides, he said.

CAN CLOUDBURSTS BE PREDICTED?

Forecasting such events days in advance is nearly impossible, though radars can track the build-up of dense cloud formations and give short-term warnings of intense downpours, Sanap said.

To strengthen monitoring, the India Meteorological Department has installed new radars across the Himalayas and set up observatories aimed at improving early warnings and understanding of these extreme weather events.

Syed Muhammad Tayyab Shah, who leads risk assessment at Pakistan’s National Disaster Management Authority, part of the government, said that it was possible to warn about the general area but not possible to pinpoint the exact location in advance where a cloudburst will happen.


Pakistan Senate approves bill allowing three-month detention of terrorism suspects

Pakistan Senate approves bill allowing three-month detention of terrorism suspects
Updated 19 August 2025

Pakistan Senate approves bill allowing three-month detention of terrorism suspects

Pakistan Senate approves bill allowing three-month detention of terrorism suspects
  • Government says law aims to curb militancy and provide lawful alternative to enforced disappearances
  • Opposition warns legislation undermines constitutional rights, could be misused against critics

ISLAMABAD: Pakistan’s Senate on Tuesday approved amendments to the Anti-Terrorism Act (ATA) empowering security agencies to detain suspects of terrorism and other serious crimes for up to three months, a move the government says will help fight militancy and address the country’s longstanding issue of enforced disappearances.

The Anti-Terrorism (Amendment) Bill, 2025, passed by the National Assembly last week, will now go to the president for assent before becoming law.

Law Minister Azam Nazeer Tarar defended the measure while speaking in parliament, saying it created a lawful framework for preventive detention that would strengthen counterterrorism operations.

“This will be a lawful process and there will be no enforced disappearances anymore,” Tarar told lawmakers, adding that the legislation was aimed at combating militancy and contained safeguards to prevent misuse.

Enforced disappearances have long been a contentious issue in Pakistan, particularly in Balochistan, the site of a decades-old separatist insurgency and where families and rights groups accuse state institutions of arbitrary detentions and extrajudicial killings. Authorities deny the allegations but the practice has remained a source of domestic and international criticism.

By creating a legal mechanism for short-term preventive detention, the government says the new law will replace illegal practices and address concerns raised by families of missing persons.

The amended law comes as Pakistan grapples with twin insurgencies: religiously motivated groups, including the Tehreek-e-Taliban Pakistan (TTP), who operate mainly in the northwestern Khyber Pakhtunkhwa province, and ethno-nationalist Baloch separatists fighting against the state in southwestern Balochistan.

Pakistan became the world’s second-most affected by terrorist violence in 2024, with deaths rising 45 percent to 1,081, according to the Global Terrorism Index 2025.

WHAT THE LAW SAYS

The amendment allows the government, armed forces and civil armed forces to place terrorism suspects under preventive detention for up to 90 days, based on credible information or reasonable suspicion. Enforcement in provinces will require approval from respective governments, and detainees will have legal recourse through federal and provincial review boards made up of Supreme Court and high court judges.

The bill also gives legal cover to joint interrogation teams (JITs) comprising officials from multiple law enforcement and intelligence agencies, with the aim of making operations more effective.

Opposition parties, including jailed former prime minister Imran Khan’s Pakistan Tehreek-e-Insaf (PTI), strongly opposed the amendment in the Senate, warning that it could be misused against government critics.

“The amendment undermines constitutional freedoms,” PTI Senator Ali Zafar told Arab News, citing Articles 9, 10A and 19 of the Constitution, which guarantee security of person, fair trial and freedom of speech.

“While we must protect lives from terrorism, we also have to safeguard constitutional rights, without which Pakistan cannot be called a democracy,” Zafar said. “Counterterrorism does not mean counter-democracy. The law must be targeted, precise and just.”

Legal expert Barrister Salahuddin Ahmed said the effect of the new law would depend on whether it truly did away with the practice of enforced disappearances.

“If the amended law means that security and law enforcement agencies will now only detain people, then it could have a net positive effect,” he told Arab News.

“If, on the other hand, it merely means yet another legal method … while enforced disappearances continue unabated side by side, then obviously it will only be another tool of repression.”


Pakistan seeks ‘forward-looking’ UK ties, urges greater Commonwealth trade and connectivity

Pakistan seeks ‘forward-looking’ UK ties, urges greater Commonwealth trade and connectivity
Updated 19 August 2025

Pakistan seeks ‘forward-looking’ UK ties, urges greater Commonwealth trade and connectivity

Pakistan seeks ‘forward-looking’ UK ties, urges greater Commonwealth trade and connectivity
  • Ishaq Dar highlights British-Pakistani diaspora’s role in UK society, invites UK Deputy PM Rayner to visit Islamabad
  • Pakistan seeks Commonwealth support on climate challenges, backs 2025-2030 strategic plan for shared resilience

ISLAMABAD: Pakistan is seeking a “forward-looking partnership” with the United Kingdom and remains committed to expanding trade and connectivity within the Commonwealth, according to official statements on Tuesday following high-level meetings in London.

Deputy Prime Minister and Foreign Minister Ishaq Dar, who arrived in the UK on Saturday, is on an official visit aimed at strengthening Pakistan-UK relations, deepening cooperation in digital technology, artificial intelligence, entrepreneurship and boosting multilateral ties through the Commonwealth.

He also inaugurated a pilot project of the Punjab Land Record Authority at the Pakistan High Commission to help members of the diaspora resolve land issues in Pakistan remotely.

Dar held separate meetings with British Deputy Prime Minister Angela Rayner and Commonwealth Secretary‑General Shirley Ayorkor Botchwey today after interacting with members of the British-Pakistani community earlier in his visit.

“Deputy Prime Minister/Foreign Minister of Pakistan, Senator Mohammad Ishaq Dar, held a productive meeting today with the Deputy Prime Minister of the United Kingdom, Angela Rayner, in London,” the foreign office said. “They emphasized the importance of sustained high-level engagement and expressed satisfaction with the positive momentum in relations, driven by close people-to-people ties and growing collaboration across multiple domains.”

The statement said Dar “underscored Pakistan’s desire to build an inclusive and forward-looking partnership with the United Kingdom.”

He also highlighted the contributions of the British-Pakistani diaspora to the UK and extended an invitation to Rayner to visit Islamabad at a mutually convenient time.

COMMONWEALTH CONNECTIVITY

The Pakistani deputy premier also met Commonwealth Secretary-General Shirley Ayorkor Botchwey over breakfast, congratulating her on her recent appointment and reaffirming Pakistan’s deep commitment to the organization as a founding member.

Reflecting on their earlier exchange at the Commonwealth Heads of Government Meeting in Samoa, Dar expressed confidence in the Commonwealth’s role as a platform to foster shared values and build consensus among member states.

“The DPM/FM assured the Secretary‑General of Pakistan’s strong commitment to the Commonwealth’s Sustainable Development and Connectivity agendas,” the foreign office said. “He underscored Pakistan’s intent to play a more active role in promoting intra‑Commonwealth trade and development.”

“Additionally,” it added, “he underscored Pakistan’s acute vulnerability to climate change and sought the Commonwealth’s support in addressing this pressing challenge.”

Dar praised Botchwey’s work on the 2025–2030 Commonwealth Strategic Plan and conveyed Pakistan’s full support for advancing shared goals of democracy, development, and resilience.

He also extended a formal invitation to the Commonwealth Secretary-General to visit Islamabad at her earliest convenience.