黑料社区

Pakistan finance minister leaves for 黑料社区 to attend AlUla conference on emerging economies

Pakistan finance minister leaves for 黑料社区 to attend AlUla conference on emerging economies
Pakistan鈥檚 Minister for Finance and Revenue Muhammad Aurangzeb speaks during a discussion on Pakistan, during the International Monetary Fund and World Bank Group 2024 Annual Meetings, in Washington, DC on October 22, 2024. (Sipa USA via Reuters/File)
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Updated 16 February 2025

Pakistan finance minister leaves for 黑料社区 to attend AlUla conference on emerging economies

Pakistan finance minister leaves for 黑料社区 to attend AlUla conference on emerging economies
  • The conference will provide a unique platform for world leaders to discuss and analyze domestic, regional and global economic developments
  • Finance Minister Muhammad Aurangzeb鈥檚 participation comes in context of policy measures that have led to stability in the Pakistani economy

ISLAMABAD: Pakistan Finance Minister Muhammad Aurangzeb has left for 黑料社区 to attend the AlUla Conference for Emerging Market Economies, the Pakistani finance ministry said on Saturday.
The AlUla Conference for Emerging Market Economies is an annual economic policy conference, organized by 黑料社区鈥檚 finance ministry and the International Monetary Fund (IMF) regional office in Riyadh.
The conference will convene a select group of emerging markets鈥 ministers of finance, central bank governors, and policymakers, as well as public and private sector leaders, international institutions, and academia.
Aurangzeb is attending the two-day conference, starting on Sunday, on the invitation of his Saudi counterpart Mohammed Al-Jadaan, in context of policy measures that have led to the stability and positive changes in the Pakistani economy despite the uncertain regional and global environment.
鈥淢uhammad Aurangzeb will participate in a high-level panel discussion on the topic of 鈥楾he Path to Emergent Markets鈥 during the conference,鈥 the Pakistani finance ministry said. 鈥淚MF Managing Director Kristalina Georgieva will host the panel discussion.鈥
Pakistan is currently navigating a tricky path to economic recovery under a $7 billion International Monetary Fund (IMF) loan program it secured in September last year. The South Asian country has undertaken several reforms and policy measures since averting an imminent default on its external debt in 2023.
The conference will have a total of 9 sessions in which 200 participants and 36 speakers will participate, according to the Pakistani finance ministry.
The forum will discuss ways to build resilience in a changing world, and appropriate economic and financial policies needed for emerging markets and developing economies to address economic challenges.
It comes at a time when the world is grappling with deep and persistent economic shocks, trade tensions between major world powers, geopolitics, and tight financial conditions.
鈥淭he conference will provide a unique platform for world leaders to discuss and analyze domestic, regional, and global economic conditions and developments, and to exchange ideas on solutions to global challenges,鈥 the Pakistani finance ministry added.


Stranded truckers count losses as Tehreek-e-Labbaik march blocks key routes to Islamabad

Stranded truckers count losses as Tehreek-e-Labbaik march blocks key routes to Islamabad
Updated 15 sec ago

Stranded truckers count losses as Tehreek-e-Labbaik march blocks key routes to Islamabad

Stranded truckers count losses as Tehreek-e-Labbaik march blocks key routes to Islamabad
  • Drivers stranded for days say perishable goods rotting as they run out of food and water
  • The government has said it will not allow chaos or mob politics amid security crackdown

ISLAMABAD: Transporters in Pakistan are counting mounting losses after law enforcement authorities blocked major roads and highways on the outskirts of the twin cities of Islamabad and Rawalpindi to stop a religio-political party鈥檚 march toward the capital, leaving dozens of trucks stranded for days with perishable goods on board.

The Tehreek-e-Labbaik Pakistan (TLP), known for its street mobilization and frequent clashes with police, announced plans to march on Islamabad this week to stage a protest outside the United States embassy to express solidarity with Palestinians.

The call prompted police to raid the party鈥檚 headquarters in Lahore, triggering clashes that killed at least two people.

鈥淚 loaded potatoes from Skardu and was on my way to Lahore,鈥 said Akhter Ali, a truck driver stranded on a highway near Islamabad, speaking to Arab News on Saturday. 鈥淭oday is the fourth day I am standing here. Traders are putting pressure on us because goods worth millions are getting spoiled.鈥

Police have blocked several main arteries with shipping containers to prevent protesters from entering the capital.

Similar TLP marches in the past have turned violent, forcing successive governments to negotiate with the group rather than confront it outright.

Another driver, Mubashir Khan, said his truck carrying liquefied petroleum gas from Kohat to Rawat had been parked on the roadside for two days.

鈥淭here is no safety here,鈥 he said. 鈥淧eople are smoking cigarettes nearby. Anything can happen.鈥

Many transporters have been left without basic facilities, relying on nearby shopkeepers and locals for food and water.

鈥淎fter two days, the vegetables get spoiled,鈥 said Naveed Khan, another driver hauling produce from Gilgit to Lahore.

鈥淭his is my third day here. Everything has perished. We don鈥檛 get paid in such situations.鈥

Police have said the road closures are temporary and necessary to maintain order. However, most drivers remain in a state of uncertainty.

The government said a day earlier it would not allow chaos or mob politics, though TLP supporters have continued their march toward the capital in defiance of a crackdown that has led to the arrest of many of its supporters.


Suspected gangster Teefi Butt killed in Pakistan after deportation from UAE

Suspected gangster Teefi Butt killed in Pakistan after deportation from UAE
Updated 22 min 56 sec ago

Suspected gangster Teefi Butt killed in Pakistan after deportation from UAE

Suspected gangster Teefi Butt killed in Pakistan after deportation from UAE
  • Butt was wanted by Pakistani police in connection with a murder case in Lahore
  • Interpol, Dubai Police arrested him last week before his deportation to Karachi

ISLAMABAD: Suspected Pakistani gangster Khawaja Tareef Butt, also known as Teefi Butt, was killed by unidentified gunmen in Punjab鈥檚 Rahim Yar Khan district while being transported from Karachi after his deportation from the United Arab Emirates, police said on Saturday. 

Butt, regarded as an underworld don in the eastern city of Lahore, was wanted in connection with the killing of Ameer Balaj Tipu, the son of Tipu Truckanwala, often described as another notorious underworld figure. The murder was part of a decades-old feud between the two families, which also claimed the lives of Tipu鈥檚 father and grandfather, Billa Truckanwala, in the past.

Butt was arrested in Dubai last week with the assistance of Interpol and Dubai Police before being handed over to the Punjab Police Extradition Cell.

Following his deportation, Butt arrived at Karachi Airport and was being transported to Lahore by road when, according to the Crime Control Department (CCD) of Punjab Police, he escaped but was later killed during a shootout.

鈥淎t around 5:00, the Rahim Yar Khan CCD team spotted two suspicious vehicles and tried to intercept them. A heavy exchange of fire ensued between the CCD team and the assailants lasting for about 20 to 25 minutes,鈥 the CCD said in a statement.

鈥淥ne person was found seriously injured at the scene. He succumbed to his injuries while being evacuated to a local hospital by the CCD team. Later on, he was identified as Khawaja Tareef Butt alias Teefi Butt.鈥

One CCD official was injured in the initial exchange of fire during Butt鈥檚 escape, while another was wounded in the subsequent shootout.

鈥淢ultiple teams from both the local police and CCD Rahim Yar Khan are actively pursuing those involved in the attack, injuring two police officials and the killing of Teefi Butt,鈥 the CCD added.


Saudi delegation signs MoUs to boost IT education, sports in Pakistan鈥檚 Sindh

Saudi delegation signs MoUs to boost IT education, sports in Pakistan鈥檚 Sindh
Updated 11 October 2025

Saudi delegation signs MoUs to boost IT education, sports in Pakistan鈥檚 Sindh

Saudi delegation signs MoUs to boost IT education, sports in Pakistan鈥檚 Sindh
  • Pakistan and 黑料社区 share longstanding ties rooted in faith, mutual respect and strategic cooperation
  • After a landmark defense pact, both nations are expanding collaboration in trade, technology and youth development

ISLAMABAD: A Saudi business delegation on Saturday signed two memorandums of understanding (MoUs) to promote IT education and sports in Pakistan鈥檚 southern Sindh province, amid Riyadh鈥檚 deepening engagement with the South Asian nation.

The delegation, led by Prince Mansour bin Mohammed bin Saad Al-Saud, chairman of the Saudi-Pakistan Joint Business Council met with Sindh Governor Kamran Tessori to discuss expanding opportunities for youth in education, technology and sports.

The development came weeks after Pakistan and 黑料社区 signed a defense pact and are now exploring new economic opportunities. The latest agreements signal Riyadh鈥檚 growing interest in supporting youth and innovation in Pakistan.

鈥淯nder these MoUs, the two countries will work together to provide new avenues of growth for youth through modern IT education, joint training programs, youth exchange initiatives and sports competitions,鈥 Sindh Governor Kamran Tessori鈥檚 office said in a statement.

鈥淭hese MoUs mark the beginning of a new phase of cooperation between Pakistan and the Kingdom of 黑料社区 in the fields of youth development, technology advancement and sports collaboration.鈥

Tessori said Pakistan and 黑料社区鈥檚 this collaboration would help polish the skills of youth and strengthen bilateral relations, according to the governor鈥檚 office.

Prince Mansour appreciated Tessori鈥檚 efforts and said the potential of Pakistani youth offers 黑料社区 an opportunity to deepen its ties with Pakistan.

The Saudi delegation earlier signed two agreements to boost investment in Karachi鈥檚 energy sector. They finalized a share-sale agreement with KES Power Limited and a cooperation framework between K-Electric and Trident Energy Limited to explore new opportunities in Pakistan鈥檚 power and infrastructure markets.

Pakistan and 黑料社区 share longstanding ties rooted in faith, mutual respect and strategic cooperation. Riyadh remains a key political and economic partner, with both nations now expanding collaboration in trade, technology and youth development.


Pakistan鈥檚 spin conditions a fair challenge, says South Africa captain

Pakistan鈥檚 spin conditions a fair challenge, says South Africa captain
Updated 11 October 2025

Pakistan鈥檚 spin conditions a fair challenge, says South Africa captain

Pakistan鈥檚 spin conditions a fair challenge, says South Africa captain
  • Besides Bavuma, South Africa must do without lead spinner Keshav Maharaj
  • South African captain Aiden Markram says that is all part of the challenge

LAHORE: South African stand-in captain Aiden Markram said home side Pakistan were well within their rights to prepare extreme turning wickets for their two-test series, which starts in Lahore on Sunday, as they did last year to beat England.

Their 2-1 series win over England a year ago came after they had used a pair of giant windbreaks, two outsized fans and six patio heaters to accelerate the deterioration of the pitch and create a surface that offered spinners maximum turn and grip.

It was a successful ploy as they came back from losing the first test to trump England in conditions that losing captain Ben Stokes called 鈥減retty extreme鈥.

But Markram, who leads South Africa in place of injured skipper Temba Bavuma, said that was all part of the challenge.

鈥淲e saw how things turned out in the English series,鈥 he told a press conference on Saturday. 鈥淭hat was obviously Pakistan's way of trying to win, and it's completely fair, and we look forward to that challenge.鈥

South Africa had worked hard in preparing, he added, creating wickets with extreme spin to practice on at a training camp before their departure.

鈥淭hat's where most of the focus has been, naturally looking forward to the challenges that Pakistan pose in terms of spin-friendly tracks.

鈥淎s a team that's not exposed to those conditions, it's exciting for us and a great opportunity to get things right in these conditions. We're trying to put a lot of the focus there, and ultimately put five days of good cricket together for the first Test.鈥

Besides Bavuma, South Africa must do without their lead spinner Keshav Maharaj, who misses the first Test as he recovers from a groin strain.

鈥淲e鈥檒l miss Kesh heaps,鈥 Markram told reporters. 鈥淗e's incredible, even when the ball doesn't spin, so it's a big loss for us but it's an opportunity for two or three other new spinners of ours to put their hand up and stake a claim, which is really exciting.鈥

Senuran Muthusamy and Simon Harmer, who last played a test two years ago, are likely to be in the team.


Pakistan directs Hajj operators finish booking of 20,000 pilgrims within seven days

Pakistan directs Hajj operators finish booking of 20,000 pilgrims within seven days
Updated 11 October 2025

Pakistan directs Hajj operators finish booking of 20,000 pilgrims within seven days

Pakistan directs Hajj operators finish booking of 20,000 pilgrims within seven days
  • Pakistan has been allocated a quota of 179,210 pilgrims for Hajj 2026
  • Of these, around 60,000 seats have been given to private tour operators

ISLAMABAD: Pakistan has directed private Hajj operators to complete booking of 20,000 pilgrims within next seven days, Pakistani state media reported.

Pakistan has been allocated a quota of 179,210 pilgrims for Hajj 2026. Of these, around 118,000 seats have been allocated to the government scheme and the rest to private tour operators.

Last year, around 63,000 Pakistani pilgrims were unable to perform Hajj under the private scheme due to delays in payments and mismanagement by private Hajj operators. As a result, Islamabad was forced to surrender these slots to 黑料社区.

Officials at a review meeting on Friday noted that 40,000 Hajj pilgrims have so far been booked under the private scheme against a quota of 60,000 and the last date for booking is Oct. 17.

鈥淢inister for Religious Affairs and Interfaith Harmony Sardar Muhammad Yousaf has directed the Dependent Hajj Companies to complete the booking of 20,000 private Hajj pilgrims within next seven days,鈥 the Radio Pakistan broadcaster reported.

Pakistan鈥檚 religious affairs ministry announced last month that Hajj applicants can seek a refund or nominate a blood relative to perform the next year鈥檚 pilgrimage in their stead if they are unable to proceed further due to any emergencies, in major relief for intending pilgrims.

Under the government scheme, applicants deposited a first installment of Rs500,000 ($1,764) or Rs550,000 ($1,941) depending on the package in August while the remaining dues will be collected in November.

鈥淭he ministry has uploaded the forms on its website for refund or nominating a substitute for any of the 118,000 government scheme Hajj pilgrims who have already submitted their first installment but are unable to travel due to death or any other serious and valid reason,鈥 Muhammad Umer Butt, a religious affairs ministry spokesperson, told Arab News.