șÚÁÏÉçÇű

Saudi official rejects ‘baseless’ reports Pakistani Hajj pilgrims’ funds sent to wrong account

Saudi official rejects ‘baseless’ reports Pakistani Hajj pilgrims’ funds sent to wrong account
Muslim worshippers walk around the Kaaba, Islam's holiest shrine, at the Grand Mosque in șÚÁÏÉçÇű's holy city of Makkah on June 13, 2024. (AFP/File)
Short Url
Updated 30 April 2025

Saudi official rejects ‘baseless’ reports Pakistani Hajj pilgrims’ funds sent to wrong account

Saudi official rejects ‘baseless’ reports Pakistani Hajj pilgrims’ funds sent to wrong account
  • News reports claimed thousands of Pakistani pilgrims’ funds mistakenly sent to an account linked to OPEC
  • Saudi official says Kingdom’s electronic Hajj platform ensures “highest standards of transparency and accuracy“

ISLAMABAD: An official at șÚÁÏÉçÇű’s Ministry of Hajj and Umrah on Tuesday rejected reports that Hajj funds of thousands of Pakistani pilgrims had been transferred to the wrong bank account, reiterating that the Kingdom’s electronic Hajj system operated with the “highest standards of transparency.”

Local news outlets this month published reports that Pakistani pilgrims could face delays in the Hajj journey as millions of Saudi Riyals meant for their expenses were mistakenly sent to an account linked to the Organization of the Petroleum Exporting Countries (OPEC) instead of șÚÁÏÉçÇű’s Ministry of Hajj. 

This year’s annual pilgrimage will take place in June, with nearly 89,000 Pakistanis expected to travel to șÚÁÏÉçÇű under the government scheme and 23,620 Pakistanis through private tour operators. The total quota granted to Pakistan was 179,210, which could not be met. 

“Recent claims in some Pakistani media outlets about ‘Hajj funds being sent to the wrong Saudi account’ are baseless and stem from a misunderstanding of the Hajj account management system and the ministry’s official electronic Hajj platform, which ensures the highest standards of transparency and accuracy,” the Saudi official said in a statement. 

Pakistani Prime Minister Shehbaz Sharif has formed a committee to investigate why the total Hajj quota granted by Saudi authorities to Pakistan could not be utilized, particularly by private tour operators.

The Saudi official said the Hajj ministry had announced arrangements for this year’s pilgrimage at the end of last year’s Hajj season, emphasizing the importance of adhering to timelines for finalizing contracts and services. In meetings with Pakistan’s religious affairs ministry and private Hajj companies, it was agreed that all contracts would be completed according to the approved schedule.

“While Pakistan’s Ministry of Religious Affairs successfully completed all its pilgrims’ contracts without any notable challenges, a number of Pakistani [private] companies failed to finalize their pilgrims’ contracts within the designated time frame,” the Saudi official said.

“This has been observed in past seasons as well and resulted in the inability to complete entry procedures for these pilgrims to perform Hajj in the Kingdom.”

The Saudi official said it is working in “high-level coordination” with Pakistani authorities to complete Hajj arrangements.

Pakistan kicked off its Hajj flight operations on Tuesday morning with the first batch of 442 pilgrims departing from Islamabad for Madinah.


Islamabad to crack down on smoke-emitting vehicles from Nov. 17

Islamabad to crack down on smoke-emitting vehicles from Nov. 17
Updated 05 October 2025

Islamabad to crack down on smoke-emitting vehicles from Nov. 17

Islamabad to crack down on smoke-emitting vehicles from Nov. 17
  • Vehicular emissions remain top contributors to air pollution in Pakistan
  • Unfit vehicles will be fined or impounded during surprise emission checks

ISLAMABAD: Pakistan’s Environmental Protection Agency (EPA) will launch a crackdown on smoke-emitting vehicles in the federal capital of Islamabad from Nov. 17 to curb air pollution ahead of the smog season, state media reported on Sunday.

Smog is caused by crop burning, vehicular emissions and industrial pollution. It harms health, reduces visibility and degrades air quality. The smog season begins in late October, peaks from November to January and lasts through February.

In June, Pakistan began emission testing for vehicles entering Islamabad to curb air pollution by measuring exhaust pollutants such as carbon monoxide, hydrocarbons and nitrogen oxides for compliance with environmental standards.

Authorities will fine and impound vehicles during surprise inspections and on-the-spot emission tests during the crackdown across the federal capital, according to the Associated Press of Pakistan (APP).

“This campaign is not only about enforcement but also awareness,” Muhammad Saleem Shaikh, a climate change ministry spokesperson, was quoted as saying.

“Public education efforts are underway to encourage voluntary compliance and ensure cleaner air for Islamabad’s residents. Protecting ourselves, our families and our environment from the harmful effects of air pollution and smog is a collective responsibility.”

Pakistan’s urban centers routinely rank among the most polluted cities in the world, with vehicular emissions remaining one of the top contributors to urban air pollution, according to the report. This severe air pollution poses a serious threat to public health, undermines economic productivity and diminishes the quality of life for millions of residents.

Shaikh urged all vehicle drivers and owners to cooperate with EPA teams, get their vehicles tested before the crackdown begins next month, and obtain official clearance to avoid penalties.

“We urge citizens to avoid unnecessary use of vehicles, use public transport, ensure regular maintenance to minimize smoke emissions and refrain from burning waste or leaves in open spaces,” he said.


Pakistan sends first batch of rare earth elements to US under $500 million deal — report

Pakistan sends first batch of rare earth elements to US under $500 million deal — report
Updated 05 October 2025

Pakistan sends first batch of rare earth elements to US under $500 million deal — report

Pakistan sends first batch of rare earth elements to US under $500 million deal — report
  • The US-Pakistan agreement, signed on Sept. 9, aimed to create a framework for joint development of the entire mineral value chain
  • We see this as the first step to bolster economic trade and friendship between our two countries, the US Strategic Metals firm says

ISLAMABAD: Pakistan has dispatched its first ever shipment of rare earth and critical minerals to the United States (US), a Chicago-based US public relations (PR) firm said this week, following a landmark $500 million deal between the two countries.

The development comes weeks after American firm US Strategic Metals (USSM) and Pakistan’s Frontier Works Organization (FWO) signed the agreement for collaboration across a range of critical minerals essential for the defense, aerospace and technology industries.

The agreement was signed between American firm US Strategic Metals (USSM) and Pakistan’s Frontier Works Organization (FWO) at the Prime Minister’s House in Islamabad, according to the US embassy in Islamabad.

It aimed to create a framework for joint development of the entire mineral value chain, including exploration, beneficiation, concentrate production and eventual establishment of refineries in Pakistan.

“In a historic milestone for bilateral cooperation, Pakistan has successfully delivered its first batch of enriched rare earth elements and critical minerals to US Strategic Metals (USSM) in the United States,” PR Newswire, an American public relations firm headquartered in Chicago, said this week.

“This achievement inaugurates a $500 million partnership framework, signed earlier this month, and signals the beginning of a new chapter in the Pakistan–US strategic partnership.”

In this first shipment, Pakistan has indigenously sourced and prepared antimony, copper concentrate, rare earth elements with neodymium and praseodymium, strategic and economic significance, according to the PR firm.

With this first delivery and a multi-phase investment framework underway, Pakistan is now positioned as a rising force in the global critical mineral economy.

“We see this as the first step in our exciting journey together with the Frontier Works Organization of Pakistan to provide critical minerals to the United States and bolster economic trade and friendship between our two countries,” USSM CEO Stacy W. Hastie was quoted as saying.
 


Pakistan witnesses significant drops in default risks, stands second globally — finance adviser

Pakistan witnesses significant drops in default risks, stands second globally — finance adviser
Updated 05 October 2025

Pakistan witnesses significant drops in default risks, stands second globally — finance adviser

Pakistan witnesses significant drops in default risks, stands second globally — finance adviser
  • The South Asian country is second only to Turkiye, recording 22 percent reduction in default risk since June last year
  • The decline results from macroeconomic stability, structural economic reforms, timely debt servicing, official says

ISLAMABAD: Pakistan has witnessed one of the sharpest drops in sovereign default risks and stands second worldwide based on Credit Default Swap-implied probability, the country’s finance adviser said on Sunday, citing data from Bloomberg.

A Credit Default Swap-implied probability is the market’s forward-looking estimate of the probability of a borrower defaulting on their debt as derived from the spread of their Credit Default Swap (CDS) contract.

The South Asian country is second only to Turkiye in the Emerging Market (EM) rankings, recording 22 percent reduction in default risk over the last 15 months from June 24 till September 25, according to Khurram Schehzad, adviser to the finance minister.

“Default probability down by a massive 2,200 basis points,” Schehzad said on X. “Pakistan is the only country in the EM sample showing consistent quarterly improvement across the past year.”


The development comes as the South Asian country navigates a long path to economic recovery under a $7 billion International Monetary Fund (IMF) program.

Schehzad said this sharp decline in country’s default risk resulted from macroeconomic stability, structural economic reforms, timely debt servicing, staying the course with the IMF program, and positive ratings actions from global agencies such as S&P, Fitch and Moody’s.

“Message to investors: Pakistan is steadily rebuilding market credibility, standing out as one of the most improved sovereign credit stories in the emerging market universe,” he added.


Pakistan win toss, elect to bowl in women’s World Cup match against India

Pakistan win toss, elect to bowl in women’s World Cup match against India
Updated 05 October 2025

Pakistan win toss, elect to bowl in women’s World Cup match against India

Pakistan win toss, elect to bowl in women’s World Cup match against India
  • The captains did not shake hands during the toss amid political tensions between the two South Asian neighbors
  • India’s Amanjot Kaur, who made a half-century in tournament opener against Sri Lanka, ruled out due to illness

COLOMBO: Pakistan captain Fatima Sana won the toss and elected to bowl in the women’s cricket World Cup match against archrival India at R. Premadasa Stadium on Sunday.

The captains did not shake hands during the toss amid political tensions between the two South Asian neighbors, a trend carried over from the recently concluded men’s Asia Cup in the United Arab Emirates.

India has accused Pakistan of being involved in attacks on tourists that killed dozens. Islamabad denies it.

India men’s team captain Suryakumar Yadav refused to shake hands with his Pakistani counterpart in the first preliminary-round match between the two sides, prompting Pakistan to threaten to boycott the game. Commentators and fans blamed both sides for behaving against the spirit of the game during the tournament.

India and Pakistan ended up progressing to the tournament final, which ended in acrimonious fashion after India captain Yadav refused to accept the winner’s trophy from Asian Cricket Council chief Mohsin Naqvi, who is also Pakistan’s interior minister.

In Sunday’s game, India’s Amanjot Kaur, who made a half-century in the tournament opener against Sri Lanka, has been ruled out due to illness. Pakistan made one change from the side that lost to Bangladesh, bringing in Sadaf Shamas in place of Omaima Sohail.


Pakistan denies reports of US proposal for Arabian Sea port at Pasni — state media

Pakistan denies reports of US proposal for Arabian Sea port at Pasni — state media
Updated 37 min 30 sec ago

Pakistan denies reports of US proposal for Arabian Sea port at Pasni — state media

Pakistan denies reports of US proposal for Arabian Sea port at Pasni — state media
  • Financial Times report claimed Field Marshal Munir’s advisers approached US with proposal to build Arabian sea port
  • “Conversations with private companies were exploratory, not official initiatives,” security official tells state media

ISLAMABAD: Pakistan has not offered the United States access to a proposed port at Pasni, a senior security official told state-run Pakistan TV on Sunday, saying there had been no official communication with Washington and any discussions on the idea were “purely exploratory.”

The clarification follows a Financial Times report this week that advisers to Pakistan’s army chief, Field Marshal Asim Munir, had approached US officials with a proposal to build and operate a port on the Arabian Sea. The plan reportedly envisions American investors developing and managing a port in the southwestern town of Pasni, located in Balochistan’s Gwadar district, to facilitate access to Pakistan’s critical minerals.

A senior security official told Pakistan TV the report did not represent official government or military policy.

“Conversations with private companies were exploratory, not official initiatives,” the state-run digital outlet quoted him as saying on condition of anonymity.

“There is no plan to hand over Pasni’s security to any foreign power. The Chief of Army Staff does not have advisers in any official capacity. Linking these ideas directly to him is misleading and inaccurate,” he added, saying the army chief should not be directly linked with any such proposals.

Pasni, a small fishing town of about 70,000 people, has long been viewed as a potential site for port development because of its naturally deep waters.

“Pasni’s location may make it significant in global geopolitics 
 but at this stage, it is only an idea, not an initiative,” the official added. 

The US State Department, White House and Pakistan’s army and foreign ministry have not commented on the FT report.

While the Pakistan TV report said the Pasni port proposal may have been floated by private parties but was never routed through official channels or reviewed at a strategic level, the Financial Times said the proposal was discussed with some US officials and shared with Munir ahead of his meeting with President Donald Trump at the White House late last month.

The report highlighted that the plan does not include any provision for US military bases but sought development financing to build a rail network connecting the port to Pakistan’s mineral-rich western provinces.

China already has a major presence in Gwadar and the Pasni port proposal would offer the US a potential foothold in the region. 

The development could add a new layer to the strategic competition between Washington and Beijing in the Indian Ocean. It may also test Islamabad’s ability to balance its ties with both powers while pursuing much-needed foreign investment.