海角直播

Pakistan says open to dialogue with India, with 海角直播, UAE among neutral venue options

Pakistan says open to dialogue with India, with 海角直播, UAE among neutral venue options
Pakistan鈥檚 Deputy Prime Minister Ishaq Dar speaks during meeting of the Steering Committee on SDGs Achievement Programme (SAP) in Islamabad, Pakistan on May 22, 2025. (GOP).
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Updated 22 May 2025

Pakistan says open to dialogue with India, with 海角直播, UAE among neutral venue options

Pakistan says open to dialogue with India, with 海角直播, UAE among neutral venue options
  • Pakistan鈥檚 deputy prime minister says dialogue with India has to take place and will cover all outstanding issues
  • Ishaq Dar says ceasefire is holding between the two states, with troops moving back to pre-standoff positions

ISLAMABAD: Pakistan鈥檚 Deputy Prime Minister Ishaq Dar said on Thursday composite talks with India would be held at a neutral venue, such as 海角直播, the United Arab Emirates (UAE) or any other mutually acceptable country, once New Delhi was ready for dialogue.

His statement followed a US-brokered ceasefire announced by President Donald Trump on May 10 to halt missile, drone and artillery exchanges between the two nuclear-armed neighbors in the wake of a deadly gun attack in Indian-administered Kashmir last month that killed 26 tourists. New Delhi blamed Pakistan for the assault, though Islamabad denied involvement.

US Secretary of State Marco Rubio subsequently mentioned after the ceasefire the two South Asian rivals had agreed to address a broad range of issues in a meeting at a neutral venue. However, the Indian authorities maintained any dialogue with Pakistan would be limited to the issue of 鈥渢errorism鈥 and have not shown any interest so far in the said diplomatic engagement.

鈥淭he venue of the talks will be the place acceptable to both,鈥 Dar said during a media briefing in Islamabad. 鈥淭here are many candidates for it. It can be 海角直播, the United Arab Emirates or any other country.鈥

Dar maintained talks had to be held between the two countries, adding Pakistan was ready to engage whenever India was prepared.

鈥淲e are not in a hurry and will initiate dialogue when India will be ready,鈥 he continued. 鈥淭he venue will also be decided at that time.鈥

The deputy prime minister said the dialogue would cover all issues between the two countries.

鈥淚t will be a composite dialogue including everything,鈥 he informed. 鈥淭errorism will be part of it as we are ready to talk on this with all countries because we also want to eliminate the menace of terrorism as we are the biggest victim of it.鈥

Dar said the ceasefire was holding, though he expressed concern over 鈥渋rresponsible statements鈥 from Indian officials.

鈥淚 think the political compulsion is coming in front of them [the Indian leaders],鈥 he said, adding the ceasefire was maintained by the armed forces of the two countries, with the director generals of military operations on both sides in regular communication with each other.

He also informed both countries were gradually restoring their forces to the pre-standoff positions.

鈥淚t won鈥檛 take months, it will be completed within the next few days,鈥 he added.

Dar also spoke about his recent visit to China, where he attended a trilateral dialogue with China and Afghanistan, saying both countries had agreed to strengthen their diplomatic relations.

Since the Taliban takeover of Kabul, Pakistan-Afghanistan relations have remained strained, marked by border tensions, security concerns and a lack of trust.

Diplomatic engagement between Kabul and Islamabad have also remained limited, with both countries maintaining ties at the charg茅 d鈥檃ffaires level rather than through full ambassadors.

鈥淥n the request of China, both countries agreed to enhance our diplomatic relations, though it will take time to complete procedures,鈥 he added.

The deputy prime minister reiterated Pakistan and China had agreed to extend their joint multibillion-dollar corridor project to Afghanistan, including the construction of a road from Peshawar to Kabul to improve connectivity.


Pakistan set to hold policy rate as Israel-Iran conflict overshadows growth push

Pakistan set to hold policy rate as Israel-Iran conflict overshadows growth push
Updated 12 sec ago

Pakistan set to hold policy rate as Israel-Iran conflict overshadows growth push

Pakistan set to hold policy rate as Israel-Iran conflict overshadows growth push
  • Eleven of 14 respondents in a snap poll expected central bank to leave the benchmark rate unchanged at 11 percent
  • Central bank paused its easing cycle in March after cumulative cuts of 1,000 basis points from a record high of 22 percent

KARACHI: Pakistan鈥檚 central bank is expected to hold its policy rate today, Monday, a Reuters poll showed, as many analysts shifted their previous view of a cut in the wake of Israel鈥檚 military strike on Iran, citing inflation risks from rising global commodity prices.
Israel said on Friday it targeted nuclear facilities, ballistic missile factories and military commanders in a 鈥減reemptive strike鈥 to prevent Tehran from building an atomic weapon.
Several brokerages had initially expected a cut but revised their forecasts after the Israeli strikes sparked fears of a broader conflict.
The escalating hostilities triggered a sharp spike in oil prices 鈥 a worry for Pakistan given the broader impact on imported inflation from a potentially prolonged conflict and tightening of crude supplies.
Eleven of 14 respondents in a snap poll expected the State Bank of Pakistan (SBP) to leave the benchmark rate unchanged at 11 percent. Two forecast a 100 basis-point cut and one predicted a 50 bps cut.
鈥淭here remains an upside risk of a rise in global commodity prices in light of geopolitical tensions which could mark a return to inflationary pressures,鈥 said Ahmad Mobeen, senior economist at S&P Global Market Intelligence.
鈥淭he resultant higher import bill could also threaten external sector performance and bring pressure to the exchange rate.鈥
Inflation in the South Asian country has been declining for several months after it soared to around 40 percent in May 2023.
Last month, however, inflation picked up to 3.5 percent, above the finance ministry鈥檚 projection of up to 2 percent, partly due to the fading of the year-go base effects. The SBP expects average inflation between 5.5 percent and 7.5 percent for the fiscal year ending June.
The central bank paused its easing cycle in March after cumulative cuts of 1,000 basis points from a record high of 22 percent, and resumed it with a 100-basis-point reduction in May.
The policy meeting follows the release a tight annual budget, which saw Pakistan raise defense spending by 20 percent but overall expenditure was reduced by 7 percent, with GDP growth forecast at 4.2 percent.
Pakistan says its $350 billion economy has stabilized under a $7 billion IMF bailout that had helped it staved a default threat.
Some analysts are skeptical of the government鈥檚 ability to reach the growth target amid fiscal and external challenges.
Abdul Azeem, head of research at Al Habib Capital Markets, which forecast a 50-bp cut, said a lower rate could 鈥渟upport the GDP target of 4.2 percent and reduce the debt financing burden.鈥 


Pakistanis rally to demand Muslim solidarity with Iran as conflict with Israel deepens

Pakistanis rally to demand Muslim solidarity with Iran as conflict with Israel deepens
Updated 16 min 13 sec ago

Pakistanis rally to demand Muslim solidarity with Iran as conflict with Israel deepens

Pakistanis rally to demand Muslim solidarity with Iran as conflict with Israel deepens
  • Israel鈥檚 surprise attack on targets across Iran on Friday has been followed by four days of escalating strikes
  • Israeli attacks in Iran have killed over 220 people, mostly civilians, since Friday, 23 dead from Iran鈥檚 retaliatory strikes

LAHORE: Hundreds of demonstrators gathered in the Pakistani city of Lahore on Sunday to protest Israel鈥檚 military strikes on Iran, calling for unity among Muslim nations and stronger action against what they described as Israeli aggression.

Israel鈥檚 surprise attack on targets across Iran on Friday has been followed by four days of escalating strikes, as both sides have threatened more devastation in the biggest ever confrontation between the longstanding enemies. 

Clutching banners and chanting slogans, protesters in Lahore urged Muslim countries to stand with Iran and resist Israel鈥檚 actions.

鈥淭he only solution to this is that the atrocity and barbarism that Israel started is put to an end by getting together with Iran,鈥 said Nida Fatima, a student who joined the rally. 鈥淔or every Muslim, every proud Muslim, every proud individual in any Muslim nation, it is their duty to stand up for Palestine with Iran.鈥

Hussnain Zaidi, a local marketing manager in his 50s, demanded immediate international pressure on Israel.

鈥淭he oppression and brutality that Israel has committed against Iran must end, and the international community must propose a punishment for it so that it does not attempt to destroy any country in the future like Israel did with Gaza,鈥 he told AFP.

The death toll in Iran since Friday has reached at least 224, with 90 percent of the casualties reported to be civilians, an Iranian health ministry spokesperson said. At least 23 fatalities have been reported in Israel, including in Tel Aviv and Haifa, as per Israel鈥檚 national emergency services/.

Pakistan鈥檚 Foreign Office has condemned Israeli missile strikes on Iran as a 鈥済rave violation of international law鈥 and urged the United Nations to take immediate steps to halt the aggression and hold Israel accountable. 

Pakistan, which does not recognize Israel, has for decades called for the establishment of an independent Palestinian state based on pre-1967 borders, with Al-Quds Al-Sharif as its capital.

The Lahore demonstration reflects growing domestic pressure on the Pakistani government to take a stronger stance against Israel as the conflict deepens and oil prices rise, potentially squeezing Pakistan鈥檚 economy and foreign exchange reserves.

Israel has long been determined to prevent Iran, its fiercest enemy, from obtaining a nuclear weapon. Since the rise of the Islamic Republic at the end of the 1970s, Iran鈥檚 rulers have repeatedly pledged to destroy Israel.


Military-linked Fauji Fertilizer to bid for stake in Pakistan鈥檚 PIA

Military-linked Fauji Fertilizer to bid for stake in Pakistan鈥檚 PIA
Updated 30 min 4 sec ago

Military-linked Fauji Fertilizer to bid for stake in Pakistan鈥檚 PIA

Military-linked Fauji Fertilizer to bid for stake in Pakistan鈥檚 PIA
  • Islamabad is trying to offload 51-100 percent stakes in PIA under $7 billion IMF program to overhaul state-owned firms
  • 2024 auction drew only one offer of $36 million, far below government鈥檚 $305-million floor price, and was rejected

ISLAMABAD: Fauji Fertilizer Company Ltd. (FFC), a unit of the Pakistan army-run Fauji Foundation, said on Monday its board had approved submitting an expression of interest to acquire a stake in loss-making national carrier PIA, according to a filing with the Pakistan Stock Exchange (PSX).

Islamabad is trying to offload a controlling stake of 51-100 percent in PIA under a $7 billion International Monetary Fund program aimed at overhauling state-owned firms. Authorities last month pushed back the deadline for expressions of interest to June 19. 

鈥淭he board 鈥 has approved submission of an expression of interest and pre-qualification documents to the Privatization Commission 鈥 and undertaking a comprehensive due-diligence exercise,鈥 FFC said in the filing. 

FFC is Pakistan鈥檚 biggest fertilizer maker and has diversified interests in energy, food and finance. Any deal on PIA would expand the military group鈥檚 footprint into aviation, though final terms will hinge on the government鈥檚 privatization process and regulatory approvals.

FFC鈥檚 move marks Pakistan鈥檚 second attempt to sell PIA. 

A 2024 auction drew only one offer 鈥 Rs10 billion ($36 million) for 60 percent of the airline from real-estate developer Blue World City 鈥 far below the government鈥檚 Rs85 billion ($305 million) floor price and was rejected. 

Pakistan had offloaded nearly 80 percent of the airline鈥檚 legacy debt and shifted it to government books ahead of the privatization attempt. The rest of the debt was also cleaned out of the airline鈥檚 accounts after the failed sale attempt to make it more attractive to potential buyers, according to the country鈥檚 privatization ministry.

In April, PIA posted an operating profit of Rs9.3 billion ($33.1 million) for 2024, its first in 21 years.

The airline has for years survived on government bailouts as its operational earnings were eaten up by debt servicing costs.

Officials say offloading the debt burden and recent reforms like shedding staff, exiting unprofitable routes and other cost-cutting measures led to the profitable year.

Ahead of the attempt to sell the airline last year, PIA had faced threats of being shut down, with planes impounded at international airports over its failure to pay bills and flights canceled due to a shortage of funds to pay for fuel or spare parts.

The state carrier鈥檚 34-plane fleet commands only 23 percent of Pakistan鈥檚 domestic market, while Middle Eastern rivals take about 60 percent of overall traffic, thanks to wider route networks and direct connections. 


Punjab to unveil new budget today, pledges 鈥榩eople-friendly鈥 spending amid economic pressures

Punjab to unveil new budget today, pledges 鈥榩eople-friendly鈥 spending amid economic pressures
Updated 16 June 2025

Punjab to unveil new budget today, pledges 鈥榩eople-friendly鈥 spending amid economic pressures

Punjab to unveil new budget today, pledges 鈥榩eople-friendly鈥 spending amid economic pressures
  • Punjab, home to over half of Pakistan鈥檚 240 million population, contributes roughly 60 percent to GDP
  • Punjab鈥檚 budget for fiscal year 2024鈥25 was about $19.6 billion, with development outlay of $3 billion

ISLAMABAD: Pakistan鈥檚 Punjab province, the country鈥檚 most populous and economically crucial region, will present its budget for the 2025鈥26 fiscal year today, Monday, with officials promising a 鈥減eople-friendly鈥 plan, Radio Pakistan reported. 

Punjab Finance Minister Mujtaba Shuja-ur-Rehman is scheduled to table the budget in the provincial assembly in Lahore after the cabinet鈥檚 formal approval.

Punjab鈥檚 budget is seen as politically significant for the ruling Pakistan Muslim League-Nawaz (PML-N) of Prime Minister Shehbaz Sharif, which faces tough economic and governance challenges nationwide.

鈥淭his budget reflects Chief Minister Maryam Nawaz Sharif鈥檚 vision to prioritize people鈥檚 welfare and accelerate development projects across the province,鈥 Rehman was quoted as saying by state-run Radio Pakistan. 

Punjab, home to over half of Pakistan鈥檚 240 million people, plays a dominant role in the national economy, contributing roughly 60 percent of the GDP. It also receives the largest share of federal funds under the National Finance Commission (NFC) Award. Last year, Punjab鈥檚 budget for FY2024鈥25 was about $19.6 billion, with a development outlay of $3 billion. 

Officials have said the upcoming budget will maintain a focus on infrastructure upgrades, agriculture support and social welfare schemes to help shield the population from rising prices.

Local media reports suggest the government could announce new initiatives in education, health care and urban transport, along with efforts to address power shortages in rural areas.


In parched Karachi, mosques give back to the earth by saving ablution water

In parched Karachi, mosques give back to the earth by saving ablution water
Updated 16 June 2025

In parched Karachi, mosques give back to the earth by saving ablution water

In parched Karachi, mosques give back to the earth by saving ablution water
  • Project started at Jamia Uloom Islamia Banuri seminary has now spread to 20 city mosques聽
  • From India to Indonesia, communities have long explored ways to reuse water from places of worship聽

KARACHI: On a sweltering afternoon in Karachi鈥檚 Gulberg neighborhood earlier this month, rows of men lined up under shaded arcades at a seminary to perform wudu, the ritual ablution Muslims perform before prayers. 

In a city battered by chronic water scarcity, each drop of this cleansing water is precious but until last year, gallons of it flowed straight into Karachi鈥檚 aging sewer lines, lost forever.

Now, at over 20 mosques scattered across this sprawling megacity of more than 20 million people, this water has found a second purpose. It is being stored underground to help replenish the city鈥檚 shrinking aquifers, drop by precious drop. 

The unconventional fix is the brainchild of Dr. Syed Imran Ahmed, who heads the Panjwani Hisaar Water Institute at Karachi鈥檚 NED University. He convinced the administrators of Jamia Uloom Islamia Banuri, one of Pakistan鈥檚 biggest seminaries, to store ablution water in underground wells instead of letting it drain away.

And what started as a pilot at the Banuri mosque has since spread to more than 20 mosques citywide.

鈥淎 lot of people go to the mosque and use water there without any thinking. Now this water directly goes to wastewater, so it becomes part of wastewater,鈥 Dr. Ahmed told Arab News.

鈥淏ut what if you divert it to a tank or to a well in the mosque?鈥

Karachi is Pakistan鈥檚 economic engine but also one of its thirstiest cities. Official estimates show it needs about 1,200 million gallons per day but gets barely half that on average.

As residents bore deeper and deeper wells to tap the ground beneath them, they have left behind hollow pockets in the earth, literal sinkholes that are swallowing parts of the city.

A landmark study by Singapore鈥檚 Nanyang Technological University found Karachi ranks second in the world for urban land subsidence, just behind China鈥檚 Tianjin. Between 2014 and 2020 alone, parts of the city sank by as much as 15 centimeters due to excessive groundwater pumping.

鈥淎nd that rate of sinking is higher than the sea level rise due to climate change. Now they are calling them bowl cities ... the city is like a bowl because different areas of it are sinking.鈥 said Yasir Husain, founder of the Climate Action Center in Karachi.

The mosque project, he explained, addressed this destructive cycle in which countless homes had bore ever deeper into the earth for water.

鈥淧eople have on every street two or three houses which have bores, and they suck water from the ground,鈥 he said. 鈥淎nd they鈥檝e gone deeper and deeper.鈥

Recharging wells, however small, could help restore the balance, Hussain added.

OTHER FAITHS, OTHER CITIES

The idea isn鈥檛 unique to Karachi. From India to Indonesia, communities have long explored ways to reuse water from places of worship.

In India鈥檚 Hyderabad, the centuries-old Charminar mosque installed a water recycling system in 2019 that filters ablution water for reuse in gardens. 

In Kuala Lumpur, Malaysia, a green mosque project uses treated wudu water for toilet flushing and irrigation.

In the Middle East, where water stress is even more acute, countries like the UAE have pioneered mosque greywater reuse for landscaping, transforming prayer halls into unexpected allies for urban water security.

At the Jamia Masjid Falah in the city鈥檚 Gulberg neighborhood, Abdullah Malik, a mosque committee member, said he could see the water recycling results firsthand.

鈥淚t鈥檚 essential that any sweet water used should be saved instead of being wasted into the gutter lines,鈥 he said, estimating that 700鈥800 people performed ablution at his mosque daily.

Even saving three liters per person could mean thousands of liters recharging the earth every day, Malik added, a small, steady buffer against Karachi鈥檚 mounting water emergency.

Indeed, encouraged by the community response, Dr. Ahmed has mapped 27 flood-prone areas in the city where monsoon rain can also be stored in recharge wells.

He hopes local authorities will greenlight the proposal soon.

鈥淚 think that these 27 wells would be soon active, god willing,鈥 he said.

Meanwhile, supporters like Husain believe mosques and local leaders could play a crucial role in changing habits.

鈥淭he water which is used for wudu [ablution] will not end up in your gutter,鈥 he said. 鈥淭hat water is precious.鈥

No doubt, for Karachi, every drop saved, and returned to the earth, is a promise that the city鈥檚 lifeline might yet endure.