海角直播

Pakistan confers military award on Saudi commander for strengthening bilateral naval ties

Pakistan confers military award on Saudi commander for strengthening bilateral naval ties
President Asif Ali Zardari conferring the award of Nishan-I-Imtiaz (Military) on the Vice Admiral Mohammed Bin Abdulrahman Al Ghoraibi , Chief of Royal Saudi Naval Forces during a special investiture ceremony, at the president house in Islamabad, on July 21, 2025. (Government of Pakistan)
Short Url
Updated 21 July 2025

Pakistan confers military award on Saudi commander for strengthening bilateral naval ties

Pakistan confers military award on Saudi commander for strengthening bilateral naval ties
  • The award was conferred on Vice Admiral Mohammed bin Abdulrahman Al-Gharibi at a special investiture ceremony held in Islamabad
  • President Asif Ali Zardari expresses satisfaction over ongoing engagements between both navies, calls for further collaboration

ISLAMABAD: Pakistan President Asif Ali Zardari on Monday conferred the Nishan-e-Imtiaz military award on Royal Saudi Naval Forces Chief Vice Admiral Mohammed bin Abdulrahman Al-Gharibi in recognition of his contributions to strengthening naval ties between the two countries.

The award was conferred during a special investiture ceremony at the President House in Islamabad, which was attended by 海角直播鈥檚 Ambassador Nawaf bin Saeed Al-Malki, Pakistan鈥檚 Defense Minister Khawaja Asif, Naval Chief Admiral Naveed Ashraf and other senior officials.

鈥淭he president congratulated Vice Admiral Al-Gharibi on receiving the award and acknowledged his efforts in promoting cooperation between the navies of the two brotherly nations,鈥 the president鈥檚 secretariat said in a statement.

President Zardari later held a meeting with the Saudi commander and expressed Pakistan鈥檚 deep appreciation for 海角直播鈥檚 support during challenging times. He expressed satisfaction over the ongoing engagements between the two navies and called for further collaboration, according to the statement.

The Pakistan president appreciated the participation of the Royal Saudi Naval Forces in Exercise AMAN-25 and AMAN Dialogue-25, held in Pakistan in February, noting that such joint activities contribute to promoting maritime cooperation and mutual understanding. He expressed appreciation for the trust placed by the Royal Saudi Naval Forces in the Pakistan Navy鈥檚 training system and emphasized the importance of expanding training cooperation between the two navies.

鈥淭he President also praised the vision of Crown Prince Mohammed bin Salman, which he said is steering the Kingdom toward transformation, progress, and long-term prosperity,鈥 the statement read.

海角直播 and Pakistan maintain close religious, cultural, diplomatic and strategic ties, particularly in trade and defense. The Kingdom is home to over two million Pakistani expatriates, who are the largest source of remittances to the South Asian country.

The Kingdom has provided substantial support to Pakistan during its prolonged economic challenges in recent years, including external financing and assistance with International Monetary Fund loan programs.


Pakistani consortium launches first Sharia-compliant Agri-Infrastructure Sukuks worth $7 million

Pakistani consortium launches first Sharia-compliant Agri-Infrastructure Sukuks worth $7 million
Updated 21 July 2025

Pakistani consortium launches first Sharia-compliant Agri-Infrastructure Sukuks worth $7 million

Pakistani consortium launches first Sharia-compliant Agri-Infrastructure Sukuks worth $7 million
  • The funds will be used to bolster renewable energy efforts, enhance essential food items production
  • The transaction reflects private sector鈥檚 commitment to facilitating sustainable financing solutions

KARACHI: A consortium of Pakistani corporate entities on Monday launched the country鈥檚 first, fully subscribed Rs2 billion ($7 million) Agri-Infrastructure Sukuk to bolster renewable energy efforts and enhance production of essential staple food items, with a ceremonial gong strike at the Pakistan Stock Exchange.

Sukuk are financial certificates, often referred to as Islamic bonds, that represent ownership in an asset or a collection of assets and are designed to be Sharia-compliant by adhering to Islamic law, which prohibits interest-based transactions (riba). Instead of interest, sukuk holders receive a share of the profits generated by the underlying asset.

The Shariah-compliant Sukuk is backed by a 100 percent principal credit guarantee from InfraZamin Pakistan, which mobilizes private investment in pioneering infrastructure. The financial certificate carries a long-term AAA rating by VIS Credit Rating Company and is fully subscribed by institutional investors, a major step toward sustainable financing via capital markets in the country鈥檚 agricultural sector.

The funds raised through the Sukuk, whose issuance is led by BankIslami Pakistan Limited as the mandated lead arranger, will be utilized to advance Sunridge Foods鈥 Balancing, Modernization, and Replacement (BMR) projects, focused on upgrading production facilities with sustainable and energy-efficient technologies, according to InfraZamin Pakistan.

鈥淜ey components of the BMR include the installation of 1MW wind turbines and a 0.5MW solar power plant to bolster Sunridge鈥檚 renewable energy efforts, alongside the construction of new silos and warehouses to substantially expand agricultural produce storage capacity,鈥 InfraZamin said in a statement.

鈥淎dditionally, the proceeds will provide working capital support for Sunridge鈥檚 critical wheat and rice processing plants in Karachi and Lahore, facilitating increased production of essential staple food items.鈥

On the occasion, Deputy British High Commissioner in Karachi Lance Domm lauded the initiative as a significant step toward climate-resilient and sustainable economic growth through capital market innovation.

鈥淭his Sukuk represents a significant step in expanding access to climate-friendly, Shariah-compliant finance in Pakistan鈥檚 agri-infrastructure sector,鈥 Domm said.

鈥淚t reflects growing confidence in the country鈥檚 capital markets and the role of partnerships in mobilizing private investment for development. The UK, through its support to InfraZamin and other financial institutions, remains committed to strengthening Pakistan鈥檚 financial ecosystem.鈥

InfraZamin Pakistan CEO Maheen Rahman highlighted the strategic importance of the transaction, saying it reflected their commitment to facilitating sustainable financing solutions that empower Pakistan鈥檚 agriculture sector.

鈥淏y providing a principal credit guarantee, InfraZamin strengthens investor confidence and unlocks capital market access,鈥 she said.

Amir Shahzad, chairman and executive director of Sunridge Foods, emphasized the operational and environmental benefits of the development at the ceremony.

鈥淎t Sunridge Foods, we are proud to be part of this landmark issuance that channels Islamic finance toward strengthening Pakistan鈥檚 agri-infrastructure,鈥 Shahzad said.

鈥淭his Sukuk enables us to modernize our production capabilities, invest in renewable energy, and significantly expand our storage and processing capacity for essential food staples. It is a testament to how purpose-driven partnerships can unlock sustainable growth in critical sectors like food and agriculture.鈥

The event at PSX underscored the collective vision of all stakeholders to foster innovative, Shariah-compliant financing avenues that drive Pakistan鈥檚 sustainable infrastructure and agricultural development, according to InfraZamin.

鈥淲e are pleased to play our role in the launch of Pakistan鈥檚 first Agri-Infrastructure Sukuk, marking a significant step forward in sustainable financing for the country,鈥 said Rizwan Ata, president and CEO of BankIslami.

鈥淭his transaction highlights the growing recognition of Shariah-compliant finance as a core tool for driving economic growth while supporting sustainable development.鈥 

PSX Chairperson Dr. Shamshad Akhtar emphasized that Pakistan鈥檚 intersecting crises of climate vulnerability and food insecurity demand bold, homegrown solutions. She commended the launch of the Agri-Infrastructure Sukuk as a defining example of how private sector leadership and financial innovation, particularly within Islamic finance, can mobilize capital toward climate resilience and agricultural development.

鈥淸Such initiatives are] powerful catalysts for inclusive growth, food system transformation, and a sustainable future built on values, ingenuity, and collaboration,鈥 she was quoted as saying.

PSX CEO Farrukh Subzwari reaffirmed the Exchange鈥檚 commitment to transforming the capital market into a platform for purposeful solutions, especially in addressing climate risk, food insecurity, and the structural gaps facing Pakistan鈥檚 economy.

鈥淏anks, fund managers, corporates, regulators like SECP, and institutional investors must work together to build the ecosystem for sustainable finance,鈥 the statement quoted him as saying.

鈥淧SX will continue to serve not just as a marketplace, but as a catalyst for innovation, inclusion, and resilience鈥 where ideas translate into impact and capital is mobilized for national priorities.鈥


At UN forum, Pakistan urges global financial reforms, debt relief to bridge SDG funding gaps

At UN forum, Pakistan urges global financial reforms, debt relief to bridge SDG funding gaps
Updated 21 July 2025

At UN forum, Pakistan urges global financial reforms, debt relief to bridge SDG funding gaps

At UN forum, Pakistan urges global financial reforms, debt relief to bridge SDG funding gaps
  • The comments by Pakistani deputy PM came at a debate of the High-Level Political Forum on Sustainable Development in New York
  • Deputy PM Ishaq Dar will preside over key events at the UN Security Council during Pakistan鈥檚 presidency for the month of July

ISLAMABAD: Pakistan鈥檚 Deputy Prime Minister Ishaq Dar on Monday stressed the need for concessional financing and debt relief for developing nations to bridge funding gaps in meeting global sustainable development goals (SDGs).

The comments came during Dar鈥檚 address at a debate of the High-Level Political Forum on Sustainable Development鈥檚 (HLPF) Ministerial Segment in New York for the follow-up and review of the 2030 Agenda for Sustainable Development and its 17 SDGs.

The 2025 HLPF is themed around advancing sustainable, inclusive, science- and evidence-based solutions for the 2030 Agenda and its SDGs, including good health and well-being, gender equality, decent work and economic growth.

Speaking at the forum, Dar said only 35 percent of the Agenda 2030 SDGs were on track and the compounding effects of the pandemic, food, fuel and finance crises as well as intensifying climate impacts had reversed the hard-won development gains and deepened inequalities.

鈥淲hile national efforts are essential, these cannot succeed in isolation,鈥 he said, calling for a 鈥渄eep reform鈥 of the international financial architecture to implement the SDGs.

鈥淒eveloping countries need scaled up access to concessional and grant-based resources, meaningful debt relief, and scaled-up climate finance in order to bridge the SDG financing gap.鈥

The statement comes as Pakistan treads a long path to economic recovery while facing adverse impacts of climate change, with extreme weather events frequently affecting the South Asian country in recent years. So far this monsoon, more than 200 people have lost their lives in Pakistan as heavy rains continue to last parts of the country.

Dar said his country was scaling up climate action, targeting 60 percent renewable energy by 2030, and enhancing resilience through various initiatives.

鈥淥ur revised nationally determined contribution is nearing finalization,鈥 he said. 鈥淲e have also undertaken key macroeconomic reforms to stabilize our fiscal outlook and make the investment climate even more attractive.鈥

The Pakistani deputy PM said the Compromiso de Seville, a renewed global framework adopted at the Fourth International Conference on Financing for Development this month, offered a clear roadmap to tackle the challenges of financing sustainable development.

The framework focuses on closing the $4 trillion annual financing gap for the SDGs, addressing debt crises, and reforming the international financial system.

鈥淚ts implementation must begin without delay,鈥 Dar added.

Dar is on a week-long visit to the United States to preside over the key events in the UN Security Council during Pakistan鈥檚 presidency for the month of July, according to the Pakistani foreign office.

He is also scheduled to hold a meeting with UN secretary-general as well as president of the UN General Assembly in New York.


Pakistan PM condemns Balochistan 鈥榟onor killing,鈥 calls for bringing perpetrators to justice聽

Pakistan PM condemns Balochistan 鈥榟onor killing,鈥 calls for bringing perpetrators to justice聽
Updated 21 July 2025

Pakistan PM condemns Balochistan 鈥榟onor killing,鈥 calls for bringing perpetrators to justice聽

Pakistan PM condemns Balochistan 鈥榟onor killing,鈥 calls for bringing perpetrators to justice聽
  • A video clip of the couple鈥檚 killing last week went viral online, sparked public outrage
  • Provincial authorities say they have arrested 12 suspects, including a tribal chieftain

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday condemned 鈥榟onor killing鈥 of a young couple in Pakistan鈥檚 southwestern Balochistan province and called for bringing the perpetrators to justice, following public outrage over a video clip of the incident that has gone viral online since last week.

In the video circulating on social media, more than a dozen men are seen gathered in a remote, mountainous desert area, with SUVs and pickup trucks parked nearby. A woman is ordered to stand facing away from the group before a man pulls out a gun and shoots her in the back. He then turns the weapon on a man and shoots him dead as well. 

Several news outlets reported that the man and woman had just gotten married and were shot dead for marrying by choice upon the orders of a traditional tribal council formed to settle disputes. However, speaking to reporters at a news conference, Balochistan Chief Minister Sarfaraz Bugti said the victims were not husband and wife. 

On Monday, PM Sharif spoke with CM Bugti over the phone and instructed him to hold investigation into the incident and punish those behind the killing in accordance with law, according to the prime minister鈥檚 office.

鈥淣o one is above the law and no one can be allowed to take the law into their own hands,鈥 Sharif said. 鈥淎ll legal steps should be taken to bring the suspects to justice.鈥

Meanwhile, a judicial magistrate in Balochistan鈥檚 capital of Quetta on Monday ordered the exhumation of the body of the woman, local media reported. Police were still probing suspects to locate body of the slain man. The couple was shot dead in Dagari area on the outskirts of Quetta.

Bugti earlier announced the arrest of 12 suspects in the case, saying a tribal leader was also among the arrestees. He, however, said relatives of neither of the victims had filed a complaint. 

鈥淣ot a single person is ready to come forward as a victim in this case or file an FIR [first information report],鈥 he said. 

On Sunday, Balochistan government spokesman Shahid Rind said the incident captured in the viral video had taken place in Balochistan a few weeks ago.

鈥淭his area [where the incident took place] has been identified,鈥 Rind said. 鈥淏oth families did not report the incident. We will have a case registered with the state as complainant.鈥

So-called honor killings are common in Pakistan, where family members and relatives sometimes kill women and men who don鈥檛 follow local traditions and culture or decide to marry of their own choice.

On Sunday, the Pakistan Ulema Council (PUC), a group of clerics and religious scholars, called the couple鈥檚 killing 鈥渦n-Islamic, anti-Sharia and terrorism,鈥 urging the registration of terrorism cases against the ones involved in such incidents.


Noor Mukadam鈥檚 murder: Zahir Jaffer to undergo medical evaluation ahead of filing mercy plea

Noor Mukadam鈥檚 murder: Zahir Jaffer to undergo medical evaluation ahead of filing mercy plea
Updated 21 July 2025

Noor Mukadam鈥檚 murder: Zahir Jaffer to undergo medical evaluation ahead of filing mercy plea

Noor Mukadam鈥檚 murder: Zahir Jaffer to undergo medical evaluation ahead of filing mercy plea
  • Mukadam, 27, was brutally murdered by Jaffer at his residence in July 2021
  • In May, Supreme Court upheld Jaffer鈥檚 death penalty for the gruesome murder

ISLAMABAD: A medical board will evaluate this week Zahir Zakir Jaffer, convicted of the brutal murder of Noor Mukadam, as part of procedural requirements for his mercy petition before Pakistan President Asif Ali Zardari, a senior jail official said on Monday.

Mukadam, the 27-year-old daughter of a former diplomat, was brutally murdered by Jaffer at his Islamabad residence in July 2021, with investigations confirming she was tortured before being beheaded. A trial court sentenced Jaffer to death in 2022, a verdict later upheld by the Islamabad High Court in 2023.

In May 2025, the Supreme Court also upheld the death penalty, leaving Jaffer with the only option of seeking a presidential pardon under Article 45 of the Constitution, which allows the president to grant clemency by pardoning, reprieving or commuting a sentence.

鈥淭he [medical] board is expected to visit Adiala jail within this week, most likely in the next two to three days, to conduct the medical and psychological evaluation of the prisoner,鈥 Jail Superintendent Abdul Ghafoor Anjum told Arab News.

Anjum said he had requested the director of the Pakistan Institute of Medical Sciences (PIMS) for the formation of the medical board after being informed by the convict鈥檚 counsel that he intended to file a mercy petition before the president.

鈥淚t is entirely a routine matter as whenever a mercy petition is to be filed for any prisoner, we are required to conduct a medical and psychological examination,鈥 he said, adding the matter was being dealt with strictly in accordance with rules.

Officials at Adiala Jail sent two letters, dated July 8 and July 14, to PIMS, requesting the formation of the medical board.

鈥淭he appeal of above mentioned Confirmed Condemned Prisoner (Jaffer) was pending at [the] Supreme Court of Pakistan and the same has been dismissed,鈥 read a letter, seen by Arab News.

鈥淣ow the mercy petition of [the] subject, cited confirmed condemned prisoner, has to be submitted before the Honourable President of the Islamic Republic of Pakistan. For that, the medical board and psychiatric board opinion is mandatory,鈥 prison officials said in the letter, requesting PIMS management to schedule Jaffer鈥檚 examination within the jail premises.

PIMS constituted the medical board and named Dr. Shafqat Nawaz from the Psychiatry Department and Dr. Amir Naveed from the Neurology Department as its members, according to documents seen by Arab News.

鈥淔ollowing the board鈥檚 report, the confirmed condemned prisoner, Jaffer, may proceed to file a mercy petition in accordance with the rules,鈥 Anjum added.

Mukadam and Jaffer, son of a wealthy industrialist, were widely believed to have been in a relationship which they had broken off a few months before her murder. 

Her shocking murder, involving members of the privileged elite of the Pakistani society, triggered an explosive reaction from women鈥檚 rights activists reckoning with pervasive violence against women in Pakistan.

It also mounted pressure for a swift conclusion of the trial in a country known to have a sluggish justice system and where cases typically drag on for years.


Pakistan warns of fresh floods this week as monsoon-related deaths rise to 221

Pakistan warns of fresh floods this week as monsoon-related deaths rise to 221
Updated 28 min 32 sec ago

Pakistan warns of fresh floods this week as monsoon-related deaths rise to 221

Pakistan warns of fresh floods this week as monsoon-related deaths rise to 221
  • Punjab reports highest number of deaths at 135, followed by 46 in Khyber Pakhtunkhwa
  • Landslides may block roads in Galliyat, Kashmir and Gilgit-Baltistan during forecast period

ISLAMABAD: Pakistan is likely to witness more floods as a fresh rainy spell is likely to continue till July 25, the Pakistan Meteorological Department (PMD) on Monday, with the number of monsoon-related deaths rising to 221 since late June.

Pakistan鈥檚 most populous Punjab province has reported the highest number of deaths at 135, followed by 46 in Khyber Pakhtunkhwa, 22 in Sindh, 16 in Balochistan, and one each in the federal capital of Islamabad and Azad Kashmir.

The deceased included 104 children, 77 men and 40 women, according to a latest situation report shared by the National Disaster Management Authority (NDMA).

鈥淗eavy rains may generate flash floods in local streams of Chitral, Dir, Swat, Shangla, Mansehra, Kohistan, Abbottabad, Buner, Charsadda, Nowshera, Swabi, Mardan, Murree, Galliyat, Islamabad/Rawalpindi, Hill torrents of DG Khan, Northeast Punjab and Kashmir from July 21-25,鈥 the PMD said on Monday.

鈥淗eavy Downpour may cause urban floods in low-lying areas of Islamabad/Rawalpindi, Gujranwala, Lahore, Sialkot, Sargodha, Faisalabad, Okara, Nowshera and Peshawar.鈥

During this period, landslides and mudslides may block roads in vulnerable areas of Murree, Galliyat, Kashmir and Gilgit-Baltistan, according to the PMD. Heavy rains, windstorms and lightning could also damage weak structures, electric poles, billboards, vehicles and solar panels.

Monsoon season brings South Asia 70 to 80 percent of its annual rainfall, arriving in early June in India and late June in Pakistan, and lasting through until September.

The annual rains are vital for agriculture and food security, and the livelihoods of millions of farmers. But increasingly erratic and extreme weather patterns are turning the rains into a destructive force.

In 2022, record-breaking monsoon rains combined with glacial melt submerged nearly a third of Pakistan, killing more than 1,700 people and displacing over 8 million. In May, at least 32 people were killed in severe storms, including strong hailstorms.