Pakistan grants first-ever ferry service license for routes to Iran, GCC countries

Pakistan grants first-ever ferry service license for routes to Iran, GCC countries
Pakistan's Minister for Maritime Affairs, Junaid Anwar Chaudhry (right) and Iran's Minister for Roads and Urban Development, Farzana Sadiq pose for pictures after signing bilateral agreement in Islamabad, Pakistan, on August 3, 2025. (Government of Pakistan)
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Pakistan grants first-ever ferry service license for routes to Iran, GCC countries

Pakistan grants first-ever ferry service license for routes to Iran, GCC countries
  • The new ferry service is expected to serve hundreds of thousands annually, including Pakistani workers, tourists and pilgrims
  • It will alleviate pressure on land routes and reduce travel costs as compared to air transport, maritime affairs ministry says

KARACHI: Pakistan has granted its first-ever ferry service license to an international operator, Sea Keepers, for routes connecting Pakistan with Iran and Gulf Cooperation Council (GCC) countries, the Pakistani maritime affairs ministry said on Monday.

The approval followed a high-level meeting of the licensing committee, comprising officials from maritime affairs, defense, foreign affairs and interior ministries, along with representatives from the Pakistan National Shipping Corporation (PNSC) and Ports and Shipping authorities.

The new ferry service is expected to serve hundreds of thousands annually, including workers and tourists bound for GCC states as well as pilgrims traveling to Iran and Iraq, alleviate pressure on land routes and reduce travel costs as compared to air transport for Pakistani diaspora and religious travelers.

Maritime Affairs Minister Junaid Anwar Chaudhry hailed the move as a “historic step,” aligned with Pakistan’s National Maritime Policy, and emphasized the opportunity this license creates for boosting regional connectivity, religious tourism and economic activity via sea routes.

“Initial operations will commence from the ports of Karachi and Gwadar using modern ferry vessels equipped with essential amenities to ensure safe, affordable travel,” Chaudhry was quoted as saying by his ministry.

“Expansion of routes and port calls is planned based on demand and bilateral agreements.”

The maritime affairs ministry did not specify a date for the start of operations.

The development comes amid Pakistan’s efforts to capitalize on its geostrategic location to boost trade and investment alongside tourism as it slowly recovers from a macroeconomic crisis under a $7 billion International Monetary Fund (IMF) program.

The country also plans to cut container dwell time at its seaports by up to 70 percent to improve trade competitiveness and ease congestion, while Islamabad last month reduced port charges for exporters by 50 percent at the second largest Port Qasim.

“This ferry service launch forms part of Pakistan’s broader strategy to develop its blue economy, improve trade logistics, and promote maritime tourism, reflecting a renewed commitment to sustainable regional sea transport infrastructure,” Chaudhry added.


Pakistan stock market crosses record 142,000 points on strong earning hopes, stable rupee

Pakistan stock market crosses record 142,000 points on strong earning hopes, stable rupee
Updated 04 August 2025

Pakistan stock market crosses record 142,000 points on strong earning hopes, stable rupee

Pakistan stock market crosses record 142,000 points on strong earning hopes, stable rupee
  • Pakistan currency, which last month fell to a 22-month low against dollar, has lately recovered thanks to a crackdown on currency hoarders, smugglers
  • The rally was driven by investor optimism as the OGDCL received a $27.2 million TFC payment and cement sector outlook improved, Topline Securities says

ISLAMABAD: The Pakistan Stock Exchange (PSX) on Monday extended its bullish momentum and surpassed the historic 142,000-point mark, with analysts attributing the rally to hopes of strong corporate earnings ahead and a stable rupee.

The benchmark KSE-100 index rose by 1,017.66 points, or 0.72 percent, to close at an all-time high of 142,052.64 points, up from the previous close of 141,034.98 points.

Ahsan Mehanti, the CEO of Karachi-based Arif Habib Commodities, said stocks reached the new all-time high amid speculations ahead of major earning announcements due this week.

“Strong financial results, favorable US tariff deal, rupee stability, government’s resolve to end power sector circular debt crises and thin inflation data for Jul’25 played catalyst role in bullish close at PSX,” he said.

Pakistan’s currency, which last month fell to a 22-month low of Rs284.97 against the US dollar, has lately recovered thanks to an intervention by Pakistani intelligence and investigation agencies, who have been cracking down on dollar smugglers and hoarders. The greenback closed at Rs282.66 as the Pakistani rupee gained 0.02 percent on Monday, according to central bank data.

Pakistan and the US also finalized a trade deal this week, which reduced tariff on Pakistani imports to 19 percent from an earlier announced 29 percent. As part of the agreement, Washington will support the development of Pakistan’s oil reserves.

The announcement drove investor optimism and played a key role in fueling the bullish sentiment at the PSX last week.

The Topline Securities brokerage firm said the rally was driven by investor optimism as the Oil & Gas Development Company Limited received a Rs7.7 billion ($27.2 million) TFC payment and cement sector outlook improved on better monthly performance.

“Investor participation remained robust, with a total traded volume reaching 663 million shares and a turnover of Rs42 billion,” it said in its daily market review. “CNERGY topped the volume chart with 53 million shares exchanged.”


Pakistan resumes forced expulsions of 1.4 million Afghan refugees despite UN concerns

Pakistan resumes forced expulsions of 1.4 million Afghan refugees despite UN concerns
Updated 04 August 2025

Pakistan resumes forced expulsions of 1.4 million Afghan refugees despite UN concerns

Pakistan resumes forced expulsions of 1.4 million Afghan refugees despite UN concerns
  • The decision affects Afghans holding Proof of Registration cards, whose legal status expired at the end of June
  • Many hoped for a one-year extension to settle affairs, such as selling property or business, before returning

PESHAWAR: Authorities in Pakistan have resumed the forced deportations of Afghan refugees after the federal government declined to extend a key deadline for their stay, officials said Monday.

The decision affects approximately 1.4 million Afghans holding Proof of Registration cards, whose legal status expired at the end of June. Many had hoped for a one-year extension to settle personal affairs, such as selling property or concluding business, before returning to Afghanistan.

In addition to PoR card holders, around 800,000 Afghans hold Afghan Citizen Cards. Police say they also are living in the country illegally and being detained prior to deportations in the eastern Punjab, southwestern Balochistan and southern Sindh province.
Monday’s decision drew criticism from the United Nations High Commissioner for Refugees, the UN refugee agency.

At least 1.2 million Afghans have been forced to return from Iran and Pakistan this year, according to a June UNHCR report. Repatriations on such a massive scale have the potential to destabilize the fragile situation in Afghanistan, where the Taliban government came into power in 2021.

A July 31 government notification seen by The Associated Press confirms Pakistan’s decision to repatriate all Afghan nationals holding expired PoR cards. It states Afghans without valid passports and Pakistani visas are in the country illegally and must return to their homeland under Pakistani immigration laws.

Police across Pakistan are detaining Afghans to transport them to border crossings, according to two government and security officials who spoke on condition of anonymity because they were not authorized to speak publicly.

They said there are no mass arrests and police were told to go house-to-house and make random checks to detain foreigners living in the country illegally.

“Yes, the Afghan refugees living in Pakistan illegally are being sent back in a dignified way,” said Shakeel Khan, commissioner for Afghan refugees in the northwestern Khyber Pakhtunkhwa province.

The latest operation is the most significant step yet under orders from federal government in Islamabad, he said.

Rehmat Ullah, 35, an Afghan, said his family migrated to Pakistan’s northwestern Peshawar city decades ago and now is preparing to return home.

“I have five children and my concern is that they will miss their education,” he said. “I was born here, my children were born here and now we are going back,” he said.

Millions have fled to Pakistan over the past four decades to escape war, political unrest and economic hardship. The renewed deportation drive follows a nationwide crackdown launched in 2023 targeting foreigners living illegally in Pakistan.

The Interior Ministry, which oversees the campaign, did not immediately comment.

Qaiser Khan Afridi, a spokesperson for the UN refugee agency, expressed deep concern over the government’s recent actions.

“Sending people back in this manner is tantamount to refoulement and a breach of a state’s international obligations,” Afridi said in a statement, urging Pakistan to adopt a “humane approach to ensure voluntary, gradual, and dignified return of Afghans” and praised the country for hosting millions of Afghan refugees for more than 40 years.

“We call on the government to halt the forcible return and ensure a gradual, voluntary and dignified repatriation process,” Afridi said. “Such massive and hasty return could jeopardize the lives and freedom of Afghan refugees, while also risking instability not only in Afghanistan but across the region.”


Pakistan says will resume exporting skilled workers to Kuwait after lifting of 19-year visa ban

Pakistan says will resume exporting skilled workers to Kuwait after lifting of 19-year visa ban
Updated 04 August 2025

Pakistan says will resume exporting skilled workers to Kuwait after lifting of 19-year visa ban

Pakistan says will resume exporting skilled workers to Kuwait after lifting of 19-year visa ban
  • Kuwait lifted visa ban in May, allowing the resumption of work, family, business and tourist visas
  • Remittances sent by overseas Pakistanis are crucial for cash-strapped country for economical revival 

ISLAMABAD: The Ministry of Overseas Pakistanis and Human Resource Development (OP&HRD) will resume exporting skilled workers to Kuwait, state-run media reported on Monday, after the Gulf country lifted a 19-year visa ban on Islamabad earlier this year. 

In May, Kuwait officially lifted its long-standing visa ban on Pakistani nationals, allowing the resumption of work, family, business and tourist visas. Kuwait had stopped issuing visas to citizens of Pakistan, Iran, Syria and Afghanistan, citing difficult security conditions in the countries.

Thousands of Pakistanis every year travel abroad for jobs in Gulf countries, Europe, the United States and other nations. The remittances sent by Pakistani citizens employed abroad is crucial for the South Asian country to shore up its foreign reserves, especially as it grapples with a prolonged economic crisis. 

“Overseas Employment Corporation, an attached department of the Ministry of OP&HRD, would export skilled workers to the State of Kuwait after a long time,” the state-run Associated Press of Pakistan (APP) reported. “Pakistan has been sending its skilled workers to Kuwait.”

The state media said there were vacancies for the post of a warehouse supervisor, whose maximum age can be 35, and has diploma or a bachelor’s degree and must be fluent in English, in Kuwait. APP said applicants should possess strong customer service skills and have experience working in retail warehouses or logistics companies.

Jobs for the posts of warehouse coordinator, warehouseman, carpenter, and unskilled workers, assistant furniture and drivers were also available, the state-run media said. It said the deadline for the submission of documents by applicants is Aug. 15, 2025.

Pakistan, which enjoys cordial relations with Kuwait and cooperation in several sectors, established diplomatic relations with the Gulf country in October 1963.


Pakistan’s Arslan Ash clinches sixth EVO Tekken title in Las Vegas

Pakistan’s Arslan Ash clinches sixth EVO Tekken title in Las Vegas
Updated 04 August 2025

Pakistan’s Arslan Ash clinches sixth EVO Tekken title in Las Vegas

Pakistan’s Arslan Ash clinches sixth EVO Tekken title in Las Vegas
  • Arslan Siddique defeated fellow Pakistani Atif Butt to claim sixth EVO title for Tekken
  • Championship was held in Las Vegas, United States, featuring over 2,500 players worldwide

ISLAMABAD: Pakistan’s renowned Tekken player Arslan ‘Ash’ Siddique has added another title to his name by winning the Tekken 8 tournament at the Evolution Championship Series (EVO) 2025, according to digital platform Red Bull Gaming.

Siddique defeated fellow Pakistani player Atif Butt at the premier global esports event held in Las Vegas, United States, which featured over 2,500 players as part of the Tekken World Tour and Esports World Cup qualifiers.

Red Bull Gaming shared a video of the final round won by Siddique, captioning it: “SIX. TIME. EVO. CHAMPION.”

Siddique hails from Pakistan’s eastern city of Lahore and has won international Tekken competitions after learning to play as an eight-year-old in gaming arcades in Pakistan. He was already a well-known name in local gaming circles by his teenage years.

Pakistan has recently taken strides in the gaming arena, particularly in Tekken. In March, a Pakistani team delivered a historic victory in Seoul during a special Tekken 8 event, ending South Korea’s long-standing dominance in competitive Tekken esports.

For years, South Korea had been the leading force in the scene until Siddique began rising to prominence by winning major international tournaments.

In July 2023, he was part of the Pakistani trio that clinched the Nations Cup in Riyadh, the first-ever country-based Tekken tournament, where Pakistan remained unbeaten throughout.

In August 2023, Siddique became the first professional gamer to win the Tekken 7 title four times, and also triumphed at the Uprising Korea 2023 tournament in Seoul.

Over the years, Siddique has secured multiple EVO titles, including EVO Las Vegas (2019, 2023, 2024) and EVO Japan (2019, 2023), cementing his legacy as one of the greatest in Tekken history.


Pakistan’s Dar discusses bilateral matters, regional issues with Rubio amid improving ties

Pakistan’s Dar discusses bilateral matters, regional issues with Rubio amid improving ties
Updated 04 August 2025

Pakistan’s Dar discusses bilateral matters, regional issues with Rubio amid improving ties

Pakistan’s Dar discusses bilateral matters, regional issues with Rubio amid improving ties
  • Pakistan, US have moved closer since Donald Trump brokered ceasefire between Islamabad and New Delhi in May
  • Both countries last week finalized trade deal leading to reduced tariffs and deeper bilateral economic engagement

ISLAMABAD: Pakistan’s Deputy Prime Minister Ishaq Dar spoke to US Secretary of State Marco Rubio on Monday to discuss bilateral matters and regional issues, the foreign ministry said amid improving ties between Islamabad and Washington. 

Pakistan and the US have moved closer since American President Donald Trump brokered a ceasefire between Islamabad and New Delhi after a four-day military conflict in May that left over 70 dead on both sides of the border. In June, Trump hosted Pakistan’s army chief for an unprecedented lunch at the White House where both sides discussed the then Iran-Israel conflict and other matters. 

Pakistan announced last week it had finalized a “landmark” trade deal with the US, saying it would pave the way for reduced tariffs and deeper economic ties while Trump separately announced a partnership to develop Pakistan’s oil reserves. 

“The two leaders discussed a range of bilateral matters and exchanged views on current regional & international issues,” the Pakistani foreign ministry said about the Dar-Rubio call. “Both sides agreed to remain in contact and continue cooperation on areas of mutual interest.”

Islamabad’s increasing engagement with Washington is being seen by analysts as a sign of a diplomatic reset after years of estrangement between the two countries. High-level bilateral exchanges between Pakistan and the US gradually faded as American forces withdrew from Afghanistan.

Pakistan considers the US an important trade partner and its top export destination. Pakistan’s exports to the US totaled $5.44 billion in fiscal year 2023-2024, according to official data. From July 2024 to February 2025, exports rose 10 percent from a year earlier.

Pakistan’s government has pushed for trade and economic ties with regional countries and international allies, such as the US, in recent months. The main motivation behind Islamabad’s decision to pursue foreign investment and economic ties is a prolonged macroeconomic crisis that has drained Pakistan’s resources.

While the South Asian country has made certain economic gains over the past two years, which includes a reduced inflation rate, Pakistan hopes to achieve a sustained economic growth driven by exports and long-term financial reforms.