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Pakistani capital arrests around 700 for profiteering in first 11 days of Ramadan

Pakistani capital arrests around 700 for profiteering in first 11 days of Ramadan
Labourers carry jute crates filled with bananas at a wholesale fruit market in Lahore on October 16, 2022 (AFP/File)
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Updated 12 March 2025

Pakistani capital arrests around 700 for profiteering in first 11 days of Ramadan

Pakistani capital arrests around 700 for profiteering in first 11 days of Ramadan
  • Food prices in Pakistan typically surge during Ramadan every year due to hoarding, speculative pricing by traders
  • Islamabad administration spokesperson says over 3,800 operations conducted, more than 12 shops sealed in Ramadan 

ISLAMABAD: Authorities in Pakistan’s capital Islamabad have intensified an ongoing crackdown against wholesalers for hiking prices of essential commodities during Ramadan, arresting around 700 in the first 11 days of the holy month, a spokesperson for the district administration said on Wednesday. 

Food prices in Pakistan typically surge during Ramadan due to increased demand and supply chain inefficiencies. A significant factor contributing to this rise is hoarding and speculative pricing by traders, who artificially inflate market rates to maximize profits.

“Around 700 profiteers have been arrested for violating government price regulations and a total fine of around Rs400,000 [$1,428] was imposed by price control magistrates,” Islamabad district administration spokesperson Muhammad Nasir Butt told Arab News. 

He said the district administration’s teams have conducted over 3,800 operations in which more than 12 shops were sealed after being found guilty of violating price lists and hoarding goods.

Butt said the district administration has set up six full-scale Ramadan bazaars and 20 fair-price shops across the capital for the public’s convenience. 

“Ramadan bazaars feature special chicken stalls selling at Rs30 below the market rate while ghee is available at Rs70 less,” Butt said. “Additionally, sugar stalls offer sugar at a Rs30 discount compared to market prices.”

The spokesperson said to ensure that wholesalers keep prices in order and provide quality products to customers, a team of 26 price control magistrates and eight assistant commissioners are monitoring the situation. 

The spokesperson added that a “deputy commissioner corner” has been set up in all grocery malls, where various items are offered at controlled prices. 

Prime Minister Shehbaz Sharif on Tuesday ordered strict action against profiteers, calling for intensified monitoring of relief measures. He also directed federal ministers and public representatives to visit Ramadan markets, utility stores, and other key locations to ensure the availability of subsidized goods.

Last month, Finance Minister Muhammad Aurangzeb warned the government would not spare hoarders, whose actions contribute to annual spikes in the cost of essential commodities during the holy month.


Pakistan says Israel entrenching occupation of Palestinian territories, undermining regional peace

Pakistan says Israel entrenching occupation of Palestinian territories, undermining regional peace
Updated 22 August 2025

Pakistan says Israel entrenching occupation of Palestinian territories, undermining regional peace

Pakistan says Israel entrenching occupation of Palestinian territories, undermining regional peace
  • Statement follows remarks by Netanyahu and Smotrich signaling expansionism and Palestinian displacement
  • Pakistan’s foreign office condemns Israeli leaders’ comments as provocative and in violation of international law

ISLAMABAD: Pakistan on Friday warned Israel is planning to entrench its occupation of Palestinian territories in complete disregard of international law and global efforts to bring peace to the Middle East, citing recent statements by Israeli leaders indicating expansionist ambitions.

Earlier this month, Israeli Prime Minister Benjamin Netanyahu told a media outlet he felt a “deep connection” to the vision of a “Greater Israel,” referencing his country’s rule not only over the occupied Palestinian territories but also parts of Egypt, Jordan, Syria and Lebanon.

Separately, Finance Minister Bezalel Smotrich said Israeli government would expand settlement construction in the occupied West Bank to “bury the idea of a Palestinian state.”

Addressing a weekly media briefing in Islamabad, foreign office spokesperson Shafqat Ali Khan condemned the remarks, calling them a violation of international law and an attempt to forcibly displace Palestinians.

“Such statements reflect the occupying power’s intention to entrench its illegal occupation, as well as its complete contempt for all international efforts aimed at achieving lasting peace and stability in the region,” Khan said.

“The international community must take immediate and tangible measures to prevent the occupying power from further destabilizing the region and to end its ongoing crimes and atrocities against Palestinians,” he continued.

Khan added that Pakistan rejects Israel’s expansionist narrative, calling it a violation of the UN Charter and relevant UN resolutions.

“Pakistan reaffirms its full support for the Palestinian people’s legitimate rights, including the right to self-determination and establishment of an independent, viable and contiguous state of Palestine based on pre-1967 borders with Al-Quds Al-Sharif as its capital,” he said.

In a joint statement issued earlier in August, the foreign ministers of Arab and other Muslim countries denounced Netanyahu’s “Greater Israel” remark, calling it “a direct threat to Arab national security, to the sovereignty of states, and to regional and international peace and security.”

The comments also prompted Jordan to reactivate mandatory military service for its citizens, a move seen as a response to rising regional tensions.


Pakistan floods: Wedding celebrations turned into 24 funerals

Pakistan floods: Wedding celebrations turned into 24 funerals
Updated 22 August 2025

Pakistan floods: Wedding celebrations turned into 24 funerals

Pakistan floods: Wedding celebrations turned into 24 funerals
  • Buner, the worst-hit district in Pakistan’s northwest, recorded over 200 deaths as flash floods swept away entire villages
  • Authorities blame cloudbursts, worsening monsoon patterns on climate change, with more storms forecast in September

QADIR NAGAR, Pakistan: Two days before his wedding, Noor Muhammad had a long phone call with his mother, just hours before devastating floods in Pakistan killed her along with 23 family members and relatives.

“I cannot explain how happy she was,” he said standing by the rubble of his family’s large 36-room house, perched on the bank of a flood water channel in Qadir Nagar village.

The village in mountainous Buner district has been the worst hit by recent massive rain in the country, accounting for over 200 deaths out of nearly 400 in floods in the northwest since August 15.

Buner is a three-and-a-half-hour drive from the capital Islamabad.

“Everything was finished,” sobbed Muhammad, 25, as mourners sat at his damaged house to offer condolences, saying there was nothing left when he got home except for rubble and heavy rocks, which swept down from the mountains along with mud and raging flood waters, smashing into houses, markets and buildings.

“The flood came, a huge flood came, it swept away everything, home, mother, sister, brother, my uncle, my grandfather and children.”

Muhammad works as a laborer in Malaysia. He arrived at the Islamabad airport on August 15 to drive home where his wedding preparations were in full swing for two days later.

Instead, he attended 24 funerals.

They included his mother, a brother and a sister, he said, adding that his father and another brother survived because they had gone to pick him up at the airport.

The rest of the fatalities were among his uncles’ families who shared the house built by his grandfather, and relatives who are attending his marriage.

His fiance survived. Her home was away from the worst of the damage.

DEVASTATING FLASH FLOODS

The flash floods triggered by the worst of this year’s monsoon and cloudbursts, which started in the mountainous northwest have spread to other parts of the country of 240 million, bringing death and destruction at a large scale.

Authorities have said the longer spell of heavy rain and rare cloudbursts were rooted in climate change due to global warming, fearing the intensity will increase in the coming years.

“We and our elders have never seen a storm like this in our lives,” said Muhammad Zeb, 28, a resident in Buner. It was a complete chaos, and massive disaster, he added.

“You can see for yourself, this was a beautiful place with homes. But now, as you can see, the flood and storm have swept everything away.”

An unknown number of people remain missing, with dead bodies still being recovered, officials said.

The overall death toll across the country in the monsoon rains which began in late June stood at 776, according to the National Disaster Management Authority, which said more than 25,000 people had been rescued in the northwest.

The army and air force have joined the rescue and relief efforts.

Officials have warned of more storms ahead with another two spells of monsoon rain expected until September 10.

Buner received more than 150 mm (5.91 inches) of rain within an hour triggered by a cloudburst in the single most destructive event in this monsoon season.

A cloudburst is a rare phenomenon where more than 100mm (3.9 inches) of rainfall within an hour in a small area.

Only four people of the 28 in his house survived, Muhammad said.

“What else can we say? It’s God’s will,” he said.


ADB approves $410 million for Pakistan copper-gold mine

ADB approves $410 million for Pakistan copper-gold mine
Updated 22 August 2025

ADB approves $410 million for Pakistan copper-gold mine

ADB approves $410 million for Pakistan copper-gold mine
  • Reko Diq is expected to start production by 2028 and become the world’s fifth-largest copper mine
  • Civil society groups have raised concerns over the project’s impact on human rights, environment

ISLAMABAD: The Asian Development Bank approved a $410 million package for developing Pakistan’s Reko Diq copper and gold mine on Friday, as the country’s rare earth deposits draw foreign interest and human rights concerns.

The potentially hugely lucrative open-pit project in Pakistan’s Balochistan province seeks to develop one of the world’s largest untapped copper and gold deposits, with production expected to start in 2028.

For decades, Pakistan has battled a separatist insurgency in the mineral-rich southern province, where foreign-backed energy projects — mostly Chinese-operated — have come under attack.

The ADB package includes $300 million in loans to Canadian firm Barrick and a $110 million credit guarantee for the local government.

When completed, Reko Diq is projected to be the world’s fifth-largest copper mine, a metal critical for wiring, motors and renewable energy technology.

“Reko Diq will help the critical minerals supply chain, while advancing the clean energy transition and driving digital innovation,” ADB President Masato Kanda said in a statement.

Kanda called the package “a game-changer for Pakistan... underpinning the nation’s transition toward a more resilient and diversified economy.”

Activists have criticized the Reko Diq project in Balochistan, where the insurgency has in part been fueled by resentment over the division of spoils from natural resource extraction.

While Balochistan is rich in hydrocarbons and minerals, 70 percent of its 15 million inhabitants live below the poverty line.

Three dozen civil society groups called on the ADB as well as the International Finance Corporation to postpone investing in the Reko Diq mine.

“This project risks exacerbating the insecurity of human rights defenders and contributing to environmental and social destruction,” the groups, including MiningWatch Canada and the Asia-Pacific Network of Environmental Defenders, wrote in an open letter published Tuesday.

Barrick defended its mining practices in a statement emailed to AFP.

“Barrick is committed to responsible mining and sharing the benefits of its operations with local stakeholder and partners, based on open and transparent engagement and the highest environmental and social safeguards,” it said.

Pakistan’s military chief has recently sought to play up the country’s potential as a minerals and rare earths hub, touting them while negotiating trade tariffs with US President Donald Trump’s administration.

Pakistani officials have long promoted the Reko Diq project as a cornerstone of the country’s economic revival strategy.

Despite its potential, the mine has advanced slowly over the years, waylaid by legal disputes, bureaucratic complications and divisions between federal and provincial authorities.


Pakistan’s Yasir Sultan clinch bronze in Asian Throwing Championships javelin event

Pakistan’s Yasir Sultan clinch bronze in Asian Throwing Championships javelin event
Updated 22 August 2025

Pakistan’s Yasir Sultan clinch bronze in Asian Throwing Championships javelin event

Pakistan’s Yasir Sultan clinch bronze in Asian Throwing Championships javelin event
  • Yasir Sultan threw the massive 77.43 meters on his sixth attempt to break his previous season’s best
  • Sri Lanka’s Pathirage Tharanga won gold with 82.05-meter throw, followed by Japan’s Gen Naganuma

ISLAMABAD: Pakistani javelin star Yasir Sultan on Friday clinched the bronze medal at the Asian Throwing Championships in South Korea, with a season’s best throw of 77.43 meters.

Sultan threw the massive 77.43 meters on his sixth attempt to break his previous season’s best of 76.07 meters at the Asian Athletics Championships in May.

Sri Lanka’s Pathirage Rumesh Tharanga won gold with an 82.05-meter throw and became the only athlete to cross the 80m barrier this morning. He was followed by Japan’s Gen Naganuma with 78.60 meters.

“Yasir Sultan throws a season’s best of 77.43m to clinch BRONZE at the Asian Throwing Championships 2025 in Mokpo, South Korea,” the Pakistan Sports Board said on Instagram.

“Yasir not only secured a podium finish but also broke his own season’s record. A new victory for Pakistan athletics!“

Sultan won the silver medal at the last year’s Asian Throwing Championships with a 78.10-meter throw and the bronze medal in 2023 with a 79.93-meter throw, which still stands as his personal best.

The javelin ace has yet to cross the 80-meter mark.


China says upcoming SCO summit will provide stability, counter ‘hegemonism’

China says upcoming SCO summit will provide stability, counter ‘hegemonism’
Updated 22 August 2025

China says upcoming SCO summit will provide stability, counter ‘hegemonism’

China says upcoming SCO summit will provide stability, counter ‘hegemonism’
  • China has long sought to present the Shanghai Cooperation Organization as a counterweight to Western-led power blocs
  • Over 20 leaders including India, Pakistan PMs as well as Russia’s president will attend the summit from Aug. 31 till Sept. 1

BEIJING: China slammed “hegemonism and power politics” on Friday as it touted an upcoming summit it is hosting for more than 20 world leaders as promoting stability and peace.

The Shanghai Cooperation Organization summit will be held in the northern city of Tianjin from August 31 to September 1, days before a huge military parade in the nearby capital Beijing to mark 80 years since the end of World War II.

China has long sought to present the SCO as a counterweight to Western-led power blocs and has pushed for greater collaboration between its 10 members.

More than 20 foreign leaders including Indian Prime Minister Narendra Modi and Russian President Vladimir Putin will attend the regional security bloc’s largest meeting since it was founded, China’s Assistant Foreign Minister Liu Bin said Friday.

Top politicians from member states or guest countries such as Belarus, Iran, Kazakhstan, Pakistan, Turkiye and Vietnam are also among those taking part.

Chinese President Xi Jinping will deliver keynote speeches at the event — also attended by heads of international organizations such as UN Secretary-General Antonio Guterres.

Through the summit, China hopes “to stimulate momentum for cooperation...(and) with the stability and resilience of the SCO, respond to the uncertain and unpredictable factors in the international environment,” Liu told reporters at a briefing.

“In today’s world, outdated mindsets of hegemonism and power politics still have influence, with certain countries attempting to prioritize their own interests above others, seriously threatening world peace and stability,” he added in a veiled reference to the United States.

“The more complex and turbulent the international situation becomes, the more countries need to strengthen solidarity and cooperation to promote common development.”

Xi said in July that the SCO “has successfully explored a path of regional cooperation that aligns with the trends of the times and meets the needs of all parties, setting a model for a new type of international relations.”