黑料社区

Pakistan PM to travel to 黑料社区 today for Future Investment Initiative summit

A handout picture provided by the Saudi Press Agency (SPA) on September 17, 2025, shows 黑料社区's Crown Prince Mohammed bin Salman (R) welcoming Pakistan's Prime Minister Shehbaz Sharif ahead of their meeting in Riyadh. (AFP/File)
A handout picture provided by the Saudi Press Agency (SPA) on September 17, 2025, shows 黑料社区's Crown Prince Mohammed bin Salman (R) welcoming Pakistan's Prime Minister Shehbaz Sharif ahead of their meeting in Riyadh. (AFP/File)
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Pakistan PM to travel to 黑料社区 today for Future Investment Initiative summit

Pakistan PM to travel to 黑料社区 today for Future Investment Initiative summit
  • Conference brings together global leaders, investors to explore investment opportunities and advance technologies
  • Shehbaz Sharif to explore enhanced trade, investment cooperation in talks with Saudi leadership during visit, says FO

ISLAMABAD: Prime Minister Shehbaz Sharif will lead a high-level delegation to 黑料社区 when he travels to the Kingdom today, Monday, to participate in the Future Investment Initiative (FII) summit, the foreign office said amid Islamabad鈥檚 drive to seek international trade and investment cooperation.聽

The FII was launched by 黑料社区鈥檚 Public Investment Fund in 2017 under its Vision 2030 program. The forum brings together global leaders, investors and innovators to explore investment opportunities and advance technologies such as artificial intelligence, robotics and green finance.

This year鈥檚 summit will focus on the theme: 鈥楾he Key to Prosperity: Unlocking New Frontiers of Growth鈥 to address global challenges and opportunities, focusing on key topics such as innovation, sustainability, economic inclusion and geopolitical shifts.

鈥淎t the invitation of His Royal Highness Crown Prince and Prime Minister Mohammed bin Salman, Prime Minister Muhammad Shehbaz Sharif will lead a high-level delegation, including Deputy Prime Minister/Foreign Minister Senator Mohammad Ishaq Dar, as well as senior Cabinet Ministers 鈥 to Riyadh from 27 to 29 October 2025 to participate in the Ninth Edition of the Future Investment Initiative (FII9),鈥 the Ministry of Foreign Affairs (MoFA) said in a statement on Sunday.聽

The foreign office said Sharif will also engage with the Saudi leadership in his bid to explore avenues for enhanced cooperation in trade, investment, energy and human resource sectors. It said discussions between the two sides will also cover regional and global issues of mutual concern.

鈥淥n the sidelines of FII9, the Prime Minister will also interact with leaders from other participating countries and heads of international organizations,鈥 the statement said. 鈥淭hese exchanges will highlight Pakistan鈥檚 investment potential and its readiness to pursue collaborations in sustainable development, in line with the 鈥楾hink, Exchange, and Act鈥 model.鈥

Pakistan and 黑料社区 have long enjoyed close ties but have sought to broaden cooperation in recent years, including a defense pact signed in Riyadh during the prime minister鈥檚 visit on Sept. 18 and 34 memorandums of understanding worth $2.8 billion across multiple sectors last year.

The landmark defense pact that formalized their decades-old security ties. As per the agreement, an attack on one country will be considered an attack against both.

The two nations share longstanding ties rooted in faith, mutual respect and strategic cooperation, with Riyadh remaining a key political and economic partner of Islamabad.

The Kingdom also hosts over 2.5 million Pakistani expatriates, the largest source of remittances for Pakistan鈥檚 $407 billion economy.


No compromise possible on 鈥榗ross-border terrorism,鈥 Pakistan tells Afghanistan at Istanbul talks鈥 official聽

No compromise possible on 鈥榗ross-border terrorism,鈥 Pakistan tells Afghanistan at Istanbul talks鈥 official聽
Updated 39 min 14 sec ago

No compromise possible on 鈥榗ross-border terrorism,鈥 Pakistan tells Afghanistan at Istanbul talks鈥 official聽

No compromise possible on 鈥榗ross-border terrorism,鈥 Pakistan tells Afghanistan at Istanbul talks鈥 official聽
  • Statement came hours after five soldiers, 25 TTP militants were killed in two separate engagements near Afghan border
  • Talks mark latest attempt by Pakistan, Afghanistan to prevent relapse into violence after their deadly border skirmishes

ISLAMABAD: The Pakistani delegation has made it clear to Afghan officials that there will be 鈥渘o compromise鈥 on Islamabad鈥檚 demands related to 鈥渃ross-border terrorism,鈥 a Pakistani security official said on Monday, following talks between the two sides in Istanbul. 

The talks in Istanbul, which began on Saturday, mark the latest attempt by Pakistan and Afghanistan to prevent a relapse into violence after deadly border skirmishes between the neighbors this month killed dozens of people on both sides.

Clashes erupted between the neighbors earlier this month after Pakistan conducted airstrikes on Kabul following the killing of a dozen Pakistani soldiers. The skirmishes and strikes continued intermittently before a ceasefire was reached in Doha on Oct. 19. Pakistan has repeatedly urged Afghanistan to rein in militants on its soil and prevent them from carrying out attacks against it. Kabul denies the allegations. 

In the talks held in Istanbul, Islamabad presented its 鈥渇inal position鈥 to the Afghan side that the 鈥渙ngoing patronage of terrorists by the Afghan Taliban is unacceptable,鈥 according to the Pakistani security official. Islamabad demanded Kabul take 鈥渃oncrete, verifiable鈥 steps against militant groups, mainly the Tehreek-e-Taliban Pakistan (TTP). There was no immediate comment from the Afghan side on the discussions.

鈥淭he Pakistani delegation has made it clear that no compromise is possible on our core demands on cross-border terrorism,鈥 the Pakistani security official said, citing anonymity. 

The official said the 鈥渟tubbornness, lack of seriousness and non-cooperative attitude鈥 of the Afghan Taliban was 鈥済etting evident鈥 to other participants of the dialogue as well, especially to Turkiye. 

鈥淭he host country interlocutors are making all-out efforts to bring the Taliban delegation to understand realities, acknowledge evidence and cooperate seriously so that the talks can be fruitful,鈥 the official added. 

FRESH VIOLENCE NEAR AFGHAN BORDER

The statement came hours after Pakistan鈥檚 military said five soldiers and 25 TTP militants were killed in two separate engagements near the country鈥檚 border with Afghanistan on Saturday night.

鈥淚t is significant to point out that these infiltration attempts by Fitna al Khwarij (TTP militants) are being carried out at a time when delegations of Pakistan and Afghanistan are engaged in talks in T眉rkiye, casting doubts on intentions of interim Afghan government with regards to addressing the issue of terrorism emanating from its soil,鈥 the Inter-Services Public Relations (ISPR), the military鈥檚 media wing, said in a statement.

The security official said the arguments presented by the Afghan side in Istanbul were 鈥渙pposite to ground realities,鈥 accusing Kabul of following 鈥渟omeone else or another agenda.鈥

鈥淭his agenda is not in the interest of the stability of Afghanistan, Pakistan and the region,鈥 the official said.

While the official did not name any third country, ties between Pakistan and Afghanistan have nosedived at a time when India, Pakistan鈥檚 arch-rival, has increased its diplomatic engagement with Kabul.

The Taliban-led government in Afghanistan has denied providing sanctuaries to TTP militants on Afghan soil and urged Pakistan to resolve its security issues internally. It has also accused Islamabad of violating Afghanistan鈥檚 territorial sovereignty with airstrikes in Kabul and other cities earlier this month. 


India and China resume direct flights as ties improve

India and China resume direct flights as ties improve
Updated 26 October 2025

India and China resume direct flights as ties improve

India and China resume direct flights as ties improve
  • The neighbours remain strategic rivals competing for regional influence, but ties have eased gradually since a deadly border clash in 2020
  • India's government said the resumption of flights will boost 'people-to-people contact,' aid the 'gradual normalisation of bilateral exchanges'

KOLKATA: India and China resumed direct flights on Sunday after a five-year suspension, a move important both for trade and a symbolic step as Asia's giants cautiously rebuild relations.

Data from tracking website Flightradar24 showed the flight, operated by India's largest commercial airline IndiGo, took off from Kolkata's Subhash Chandra Bose International Airport in eastern India at 10:00 pm (1630 GMT) for Guangzhou in China.

The neighbours -- the world's two most populous nations -- remain strategic rivals competing for regional influence, but ties have eased gradually since a deadly Himalayan border clash in 2020.

India's government said the resumption of flights will boost "people-to-people contact" and aid the "gradual normalisation of bilateral exchanges".

Warming relations with Beijing come as India's ties with key trade partner Washington falter, following US President Donald Trump's order imposing punishing 50 percent tariffs.

Trump's aides have accused India of fuelling Russia's war in Ukraine by buying Moscow's oil.

There are already regular flights between India and Hong Kong, while additional services from the capital New Delhi to Shanghai and Guangzhou will begin in November.

"The direct air link will reduce logistics and transit time," said Rajeev Singh, head of the Indian Chamber of Commerce in Kolkata, telling AFP it would benefit businesses.

India's eastern port city of Kolkata has centuries-old ties with China dating back to British rule, when Chinese migrants arrived as traders.

Indo-Chinese fusion food remains a beloved staple of the city's culinary identity.

"It's great news for people like us, who have relatives in China," said Chen Khoi Kui, a civil society leader in Kolkata's Chinatown district of Tangra. "Air connectivity will boost trade, tourism and business travel."

'LONG-TERM CHALLENGE'

India runs a significant trade deficit with Beijing, relying heavily on Chinese raw materials for industrial and export growth.

The thaw between New Delhi and Beijing followed meetings between their leaders in Russia last year and in China in August.

India's imports from China surged to more than $11 billion last month, up more than 16 percent compared with September 2024, according to New Delhi's commerce ministry.

Exports from India to China were $1.47 billion, modest by comparison, but up around 34 percent year-on-year.

Direct flights between the two countries were suspended during the Covid-19 pandemic, halting roughly 500 monthly services.

Relations then plummeted after the 2020 border skirmish between the nuclear-armed nations, when at least 20 Indian and four Chinese soldiers were killed.

New Delhi responded by tightening restrictions on Chinese investments and banning hundreds of apps, including TikTok.

India then deepened ties with the US-led Quad alliance -- also including Japan and Australia -- aimed at countering China's influence in the Asia-Pacific.

Both sides have troops posted along their contested 3,500-kilometre (2,175-mile) high-altitude frontier.

But this month, soldiers on each side exchanged gifts of sweets on the Hindu festival of Diwali, "marking a gesture of goodwill", said Yu Jing, the spokesperson of the Chinese Embassy in India.

The Indian Express, in an editorial after Indian Prime Minister Narendra Modi and China's President Xi Jinping met in August, said improving ties with Beijing "sends an appropriate signal" to Washington.

But relations still have far to go.

"Managing an increasingly assertive China remains India's long-term challenge," the newspaper added.

"These fundamental realities remain unchanged, regardless of Trump's whimsical diplomatic actions."

 


Pakistan aims to lower business costs to spur growth, investment and jobs

Pakistan aims to lower business costs to spur growth, investment and jobs
Updated 26 October 2025

Pakistan aims to lower business costs to spur growth, investment and jobs

Pakistan aims to lower business costs to spur growth, investment and jobs
  • The country is currently navigating a tricky path to economic recovery under a $7 billion IMF program since averting a default in 2023
  • The government has reduced energy costs, halved interest rates and ensured faster approvals, simpler procedures for sake of regulatory ease

ISLAMABAD: Pakistan is taking policy measures to increase the ease of doing business in a bid to boost growth, investment and employment opportunities in the South Asian country, the country's finance adviser said on Sunday.

The South Asian country of more than 241 million people is currently navigating a tricky path to economic recovery under a $7 billion International Monetary Fund (IMF) program since averting a default in 2023.

Besides introducing structural reforms relating to expansion of the country's tax base and privatization of loss-making entities, the government of Prime Minister Shehbaz Sharif is striving to boost foreign investment and trade.

Khurram Schehzad, an adviser to the finance minister, said the government has reduced energy costs from Rs38/unit to Rs23/unit, interest rate to 11% from an all-time high of 22% in June last year among other measures.

"The direction is clear: lowering the cost of doing business to make way for growth, investment and jobs," Schehzad said on X, adding that the tax structure has been rationalized, while the government is ensuring faster approvals and simpler procedures to increase regulatory ease for businesses.

Pakistani tax authorities have shifted their focus from salaried individuals and corporate sector to bringing people, who do not file their wealth statements, by increasing compliance and enforcement.

For the first time in 14 years, the South Asian country posted a current account surplus of $2.1 billion (0.5% of GDP) in the outgoing fiscal year 2024-25 that ended in June, marking a sharp turnaround from a $2 billion deficit in FY2023-24, driven by a 27% increase in remittances and a 16% drop in services deficit.

The government is now pursuing privatization, tax and energy sector reforms, and an accelerated digitalization drive to strengthen the economy. These measures are designed to improve fiscal stability and rebuild confidence among both investors and international lenders.

 


Pakistan coach backs Azam鈥檚 return for South Africa T20s

Pakistan coach backs Azam鈥檚 return for South Africa T20s
Updated 26 October 2025

Pakistan coach backs Azam鈥檚 return for South Africa T20s

Pakistan coach backs Azam鈥檚 return for South Africa T20s
  • Azam, 31, has been recalled for the first time since December last year
  • Mike Hesson believes the timing is right for Azam to make a comeback

RAWALPINDI: Pakistan coach Mike Hesson has thrown his support behind Babar Azam鈥檚 return to the T20 squad, as the three-match series against South Africa starts in Rawalpindi on Tuesday.

Azam, 31, has been recalled for the first time since December last year, having previously been dropped due to concerns over his strike rate in the format. But Hesson believes the timing is right for the batsman to make his comeback.

鈥淵es, I certainly endorse his selection,鈥 Hesson said on Sunday. 鈥淲e have rested Fakhar Zaman for this series, so it was a good opportunity to bring back Azam and I am confident he will do well.鈥

Azam, who captained Pakistan across all formats before stepping down in October 2024, is on the verge of a major milestone. He needs just nine runs to surpass India鈥檚 Rohit Sharma as the leading run-scorer in T20 internationals. Sharma currently has 4,231 runs from 159 matches, while Azam sits at 4,223 from 128 games.

Hesson, who took charge of the team in May, sees Azam鈥檚 return as a strategic move ahead of next year鈥檚 T20 World Cup in India and Sri Lanka.

鈥淎zam is likely to bat at number three and it is a role that I am confident that he will be able to do well and give us some options coming into the World Cup,鈥 he said.

Despite South Africa missing several key players, Hesson remains cautious about the threat they pose.

鈥淟ook, the squad that South Africa put together is a very dangerous side and we are wary of that,鈥 he said, referring to the team captained by Donovan Ferreira.

South Africa will be without key batsman David Miller, who was ruled out due to a hamstring injury, and fast bowler Gerald Coetzee, sidelined with a pectoral muscle issue. Opener Aiden Markram and paceman Kagiso Rabada have also been rested for the series.

The final two matches of the series will be played in Lahore on Friday and Saturday.


鈥楾u Meri鈥: Producers release first song of Mahira, Fawad Khan-starrer 鈥楴eelofar鈥

鈥楾u Meri鈥: Producers release first song of Mahira, Fawad Khan-starrer 鈥楴eelofar鈥
Updated 26 October 2025

鈥楾u Meri鈥: Producers release first song of Mahira, Fawad Khan-starrer 鈥楴eelofar鈥

鈥楾u Meri鈥: Producers release first song of Mahira, Fawad Khan-starrer 鈥楴eelofar鈥
  • The song was unveiled at an exclusive screening at Lahore鈥檚 Sir Ganga Ram House
  • The romantic drama film is scheduled for worldwide release this winter season

ISLAMABAD: The producers of Pakistani romantic drama movie, 鈥楴eelofar,鈥 released its first song at an exclusive screening hosted in Lahore on Sunday, they said in a statement.

The long-delayed movie, which stars Fawad Khan and Mahira Khan in lead roles, is written and directed by Ammar Rasool and produced by Khan, Hassaan Khalid, Usaf Shariq.

The event was hosted by the film鈥檚 lead stars, Khan and Mahira, who welcomed guests from the entertainment, fashion and music industries at Lahore鈥檚 historic Sir Ganga Ram House, a reflection of the city鈥檚 timeless charm.

Actor Yasir Hussain served as the host, bringing warmth and wit to an intimate gathering filled with creativity and excitement. Sung by Vicky Haider, the night celebrated the launch of the film鈥檚 first music video, 鈥楾u Meri,鈥 marking an emotional and memorable moment in Neelofar鈥檚 journey.

鈥淣eelofar is a story that lives in emotions, and this song is its heartbeat,鈥 Khan said, speaking at the event. 鈥淭onight was about sharing that feeling with everyone who has believed in the film鈥檚 journey.鈥

Shooting for Neelofar was reportedly completed in 2020, but the COVID-19 pandemic postponed its release indefinitely. The movie is finally set for nationwide release on Nov. 28.

Tu Meri, a lyrical and emotional centerpiece of the film, captures the poetic spirit that defines Neelofar: a love story where sight is transcended by connection, and silence speaks through melody.

The film stars Khan as a writer and Mahira as Neelofar, a visually impaired yet radiant soul. It has already been hailed as one of the most touching romantic narratives to emerge from Pakistani cinema in recent years.

The event was attended by Pakistan鈥檚 leading musicians and artists, including Seemi Raheel, Zeb Bangash, Nameer Khan, HAVI, Mooroo and Ken Doll, along with several other distinguished celebrated guests who graced the occasion.

鈥淭his film is deeply personal to me. Seeing everyone respond so emotionally to the song tonight reminded me why we made Neelofar,鈥 Mahira said.

鈥淚t鈥檚 about love in its purest, most soulful form.鈥

Khan and Mahira won the hearts with their performance in television serial 鈥楬umsafar.鈥 They later reunited in Bilal Lashari鈥檚 鈥楾he Legend of Maula Jatt,鈥 which shattered all box office records.

The duo is anticipated to once again create magic with their on-screen chemistry.

The cast of the movie includes, Madiha Imam, Sarwat Gilani, Atiqa Odho, Behrooz Sabzwari, Gohar Rasheed, Faisal Qureshi, Samiya Mumtaz, Rashid Farooqui, Chand Baral, Seemi Raheal, Adeel Hashmi, Hira Tareen and Navid Shahzad.