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Dubai’s DP World to invest $400 million in Pakistan rail freight corridor

Dubai’s DP World to invest $400 million in Pakistan rail freight corridor
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Cargo trains carrying shipping containers and coal dust, crossing under a bridge with the backdrop of city railway station, in Karachi, Pakistan, on September 24, 2018. (Reuters/File)
Dubai’s DP World to invest $400 million in Pakistan rail freight corridor
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This picture taken on February 15, 2023, shows a general view of the Karachi seaport. (AN Photo/File)
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Updated 31 August 2025

Dubai’s DP World to invest $400 million in Pakistan rail freight corridor

Dubai’s DP World to invest $400 million in Pakistan rail freight corridor
  • Corridor will improve movement of freight from Pakistan’s commercial hub Karachi to various parts of the country
  • Project to reduce port congestion, accelerate trade facilitation, modernize logistics infrastructure, says state-owned NLC

PESHAWAR: Dubai-based DP World will invest $400 million in a freight corridor from Pakistan’s southern port city of Karachi to the Pipri marshalling yard, the state-run National Logistics Corporation (NLC) said on Sunday. 

The Karachi Freight Corridor is an infrastructure project in Pakistan aimed at improving movement of freight from Karachi, Pakistan’s largest city by population and its commercial hub, to various parts of the country. The project involves the construction of a dedicated double-track corridor and other related facilities that will run 50 km from Karachi port to the Pipri marshalling yard.

“The construction of the dedicated freight corridor Pipri project will commence with immediate foreign direct investment of $20 million, which will subsequently reach $400 million under a joint venture agreement between DP World/National Logistics Corporation (NLC) and Pakistan Railways,” the statement said. 

Pakistan and the UAE last year signed two inter-governmental framework agreements to establish a dedicated rail freight corridor and economic zone near Karachi. 

The agreements cover plans for over $3 billion investments in railways, economic zones and infrastructure. DP World will act on behalf of Dubai, while the Pakistan Railways and Port Qasim Authority will act on behalf of Pakistan.

The NLC pointed out that once operational, the Karachi Freight Corridor project will significantly reduce port congestion, accelerate trade facilitation and modernize Pakistan’s logistics infrastructure. 

It said the move would help boost imports, exports and the overall economic activity in the country.

By investing in freight and port infrastructure, Islamabad hopes to capture a larger share of regional trade flows, a goal that has gained urgency as Pakistan struggles to revive its economy and expand exports.

DP World has been collaborating with NLC in improving Pakistan’s logistics infrastructure. Earlier this week, the NLC and DP World completed their first commercial cargo delivery from the UAE to Tajikistan via Karachi. 

The collaboration entailed moving 38 tons of automotive spare parts from Jebel Ali port in Dubai to Karachi and then transporting them overland to Dushanbe. 

The journey was completed in just 16 days, which DP World said was the fastest transit time currently available between Dubai and Dushanbe. Competing routes typically take between 20 and 70 days.


Pakistan's Sindh braces for flood impact as Punjab flows start returning to 'normal'

Pakistan's Sindh braces for flood impact as Punjab flows start returning to 'normal'
Updated 14 min 45 sec ago

Pakistan's Sindh braces for flood impact as Punjab flows start returning to 'normal'

Pakistan's Sindh braces for flood impact as Punjab flows start returning to 'normal'
  • The development comes as rains, floods kill 946 people, submerge crops on millions of acres
  • PM Shehbaz Sharif has directed the climate change ministry draft a 300-day plan within 15 days to mitigate rain, flood risks

KARACHI/ISLAMABAD: Pakistan's southern Sindh province is bracing for a high flood in the Indus river as the flow of water in eastern rivers has started returning to "normal," authorities said on Friday, following widespread destruction in the eastern Punjab province.

Punjab, home to more than half of the country's 240 million people and its main farming belt, has been devastated since late August when record monsoon rains swelled the Ravi, Chenab and Sutlej rivers, killing 79 people and submerging nearly two million acres of farmland since.

The inflow of water was recorded at 506,433 cusecs at Guddu Barrage on the Indus, 450,150 cusecs at Sukkur Barrage and 259,284 cusecs at Kotri Barrage, according to the Sindh Information Department. The Indus basin is being fed by Punjab's three eastern rivers, which were swollen by heavy rains and India's release of excess water since late August.

Sindh provincial authorities were busy evacuating of people and livestock from riverine areas in the province, following a Flood Forecasting Division's warning of a "very high" flood level in the Indus in the next 24 hours, as the Punjab Provincial Disaster Management Authority (PDMA) said the flow of water at Panjnad headworks at confluence of Sutlej and Chenab was 679,000 cusecs.

"The flow of rivers in Punjab is returning to normal levels," the PDMA said in a statement on Friday morning. "All resources are being utilized to protect the lives and property of citizens."

The statement came hours after Pakistan's Prime Minister Shehbaz Sharif directed the climate change ministry draft a 300-day plan within 15 days to mitigate risks from monsoon rains and melting glaciers, state media reported.

Climate Change Minister Musadik Malik said the plan would include preventive measures aimed at reducing losses from the next year's monsoon season.

"We must act within our own resources, with the support of our civil administration, welfare institutions, and armed forces to safeguard our children and communities," the Associated Press of Pakistan (APP) news agency quoted Malik as saying.

"This is not unique to Pakistan. The entire world is changing, and all nations must wake up to this reality."

Monsoon season brings Pakistan up to 80 percent of its annual rainfall, but increasingly erratic and extreme weather patterns are turning the annual rains, which are vital for agriculture, food security and the livelihoods of millions of farmers, into a destructive force.

Rains, floods, landslides and similar incidents have killed at least 946 people nationwide since June 26, according to the National Disaster Management Authority (NDMA). The disaster has revived memories of the 2022 deluges, when a third of the country was submerged, over 1,700 people were killed and losses exceeded $35 billion.

The NDMA has warned the ongoing spell of monsoon rains, the last of this season, is likely to continue for another two days.

Separately on Friday, it urged residents of Islamabad and Rawalpindi to exercise caution as authorities opened spillways of Rawal Dam in the capital to release excess water.

"Water flow in Korang Nala is expected to increase," it said. "The public is requested to avoid crossing the Nala and temporary bridges built on the Nala in case of rapid water flow."

Pakistan ranks among the world’s most climate-vulnerable nations and has experienced increasingly erratic, frequent weather events, including heat waves, untimely rains, storms, cyclones and droughts, in recent years, which scientists have blamed on human-driven climate change. In May, at least 32 people were killed in severe storms in the South Asian country.


Pakistan demands UNSC hold Israel accountable for ‘aggression’ against Qatar

Pakistan demands UNSC hold Israel accountable for ‘aggression’ against Qatar
Updated 14 min 9 sec ago

Pakistan demands UNSC hold Israel accountable for ‘aggression’ against Qatar

Pakistan demands UNSC hold Israel accountable for ‘aggression’ against Qatar
  • Israel attempted to kill the political leaders of Hamas with the attack on Tuesday, escalating its military actions in Middle East
  • Pakistan permanent representative says Islamabad fully supports Qatar’s right to defend its sovereignty and territorial integrity

ISLAMABAD: Pakistan has called on the United Nations Security Council (UNSC) to hold Israel accountable for its “unprovoked aggression” against Qatar, Pakistan's UN mission said on Friday, following Israeli airstrikes in Doha.

Israel attempted to kill the political leaders of Hamas with the attack on Tuesday, escalating its military action in what the United States (US) described as a unilateral attack that does not advance US and Israeli interests.

The UNSC condemned the strikes on Qatar's capital, but did not mention Israel in the statement agreed to by all 15 members, including Israel's ally the United States, at an emergency meeting on the Middle East.

Speaking at the session, Pakistan's permanent representative to the UN, Ambassador Asim Iftikhar Ahmad, said the attack was a violation of the sovereignty and territorial integrity of Qatar, contrary to the international law.

"This irresponsible action by Israel is yet another manifestation of its systematic disregard for international law, and its brazen policy of destabilizing the region," he said.

"The Council must go beyond; must hold Israel accountable; safeguard the role and protection of mediators engaged in peace efforts; and recommit to the centrality of international law and the UN Charter in maintaining international peace and security."

The development came hours after Pakistan Prime Minister Shehbaz Sharif met with Qatar’s Emir Sheikh Tamim bin Hamad Al-Thani in Doha to stress Muslim unity as the Gulf country called for a collective regional response to Israeli airstrikes.

Speaking at the UNSC meeting convened at the request of Algeria, Pakistan and Somalia, Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al-Thani accused Israel of trying to derail efforts to end the war in Gaza, which has killed over 64,000 Palestinians since Oct. 2023, by attacking Hamas leaders in Doha, but pledged to continue its mediation efforts.

Ambassador Ahmad said at a time when delicate negotiations on Gaza peace deal were progressing towards a possible breakthrough, striking the territory of a principal mediator and those directly involved in negotiations is a deliberate attempt to "sabotage diplomacy, derail peace efforts, and prolong the suffering of civilians."

"It is evident, that Israel, the occupying power, is bent on doing everything to undermine and blow-up every possibility of peace," he said.

"Israel’s destructive policies are incompatible with the international community’s quest for peace and stability. Sadly, it has been emboldened by the weak response, and inaction by this Council."

The Pakistani representative said the Israeli attack on Qatar adds to its "long and dubious record" of aggression, brutal military actions in Gaza, repeated cross-border strikes in Syria, Lebanon, Iran and Yemen.

"Pakistan expresses its complete solidarity with the Government and people of Qatar and fully supports their inalienable right to take all necessary measures, in accordance with the UN Charter, to defend their sovereignty, territorial integrity, and the safety of all persons within their territory," he added.


Coach says Pakistan must ‘focus on job’ in highly charged India clash in Dubai

Coach says Pakistan must ‘focus on job’ in highly charged India clash in Dubai
Updated 12 September 2025

Coach says Pakistan must ‘focus on job’ in highly charged India clash in Dubai

Coach says Pakistan must ‘focus on job’ in highly charged India clash in Dubai
  • The match is the first time the neighbours will have met in cricket since a brief but deadly standoff in May
  • The eight-nation Twenty20 tournament began on Tuesday with Afghanistan beating Hong Kong by 94 runs

DUBAI: Coach Mike Hesson has told his Pakistan team to “focus on the job” in Sunday's highly charged Asia Cup clash with arch-rivals India.

The match in Dubai is the first time that the neighbours will have met in cricket since a brief but deadly border conflict in May and emotions will be running high.

The New Zealander Hesson said Thursday: “I guess, from my perspective, just like any time you enter a match, whether it be a final of a world event or whatever, it’s about keeping everybody focused on the job at hand and that'll be no different on the weekend.”

The eight-nation Twenty20 tournament began on Tuesday with Afghanistan beating Hong Kong by 94 runs. India crushed hosts the United Arab Emirates by nine wickets on Wednesday.

Pakistan begin their campaign against Oman on Friday, but all the talk is already of world champions India two days later.

“We know that India are obviously hugely confident and rightfully so in terms of how well they've played,” Hesson said of the Asia Cup holders, who skittled UAE for just 57 in 13.1 overs.

India cruised to victory in just 4.3 overs.

Since winning the World Cup last year they have won 18 of their 21 T20Is.

Hesson is excited to be part of a blockbuster, which will be watched by a packed stadium in Dubai and hundreds of millions of television viewers.

“Look, I’ve certainly watched many games from afar, so certainly being on the other side of the fence, I guess, being right and amongst such a highly charged event is going to be exciting,” he added.

Pakistan enter the Asia Cup with a tri-series win in the UAE also involving Afghanistan and UAE, and confidence is growing.

“We're very much focused on improving as a team, sort of day by day, and not getting too far ahead of ourselves,” said Hesson.

India, Pakistan, Oman and UAE are in Group A while Sri Lanka, Afghanistan, Hong Kong and Bangladesh form Group B.

The top two teams from each Group will qualify for the Super Four stage. The top two teams will then play the September 28 final in Dubai.


Pakistan president to visit China today in efforts to boost economic, trade cooperation

Pakistan president to visit China today in efforts to boost economic, trade cooperation
Updated 12 September 2025

Pakistan president to visit China today in efforts to boost economic, trade cooperation

Pakistan president to visit China today in efforts to boost economic, trade cooperation
  • Asif Ali Zardari to visit Chengdu, Shanghai and Uygur region from Sept. 12-21, says foreign office
  • Pakistan signed investment, joint venture agreements with China worth $8.5 billion last week 

ISLAMABAD: Pakistan President Asif Ali Zardari will embark on a 10-day visit to China today, Friday, to hold discussions with the Chinese leadership on enhancing bilateral economic and trade cooperation, the foreign office said.

The visit will take place days after Prime Minister Shehbaz Sharif’s official trip to China last week, where Islamabad signed investment agreements and joint ventures worth $8.5 billion with Beijing.

Zardari's trip from Sept. 12-21 would include visits to Chengdu and Shanghai cities, and the Xinjiang Uygur Autonomous Region where he will meet Chinese provincial leaders, the foreign office said.

“The discussions will encompass Pakistan-China bilateral relations, with a particular focus on economic and trade cooperation, CPEC and future connectivity initiatives,” the statement said.

Pakistan views China as an important investment partner and strategic ally, which has funneled billions of dollars into the country under the China-Pakistan Economic Corridor (CPEC) energy and infrastructure project for over a decade.

The foreign office said Zardari’s visit would reaffirm both countries’ support over core interests, advance economic and trade ties and underscore their commitment to regional peace.

China is its largest trading partner, with bilateral trade topping $25 billion in recent years. Chinese firms have invested heavily in Pakistan in power, transport, infrastructure and telecoms projects under the multi-billion-dollar CPEC.


Pakistan’s top commerce body eyes $3 billion exports to Bangladesh

Pakistan’s top commerce body eyes $3 billion exports to Bangladesh
Updated 11 September 2025

Pakistan’s top commerce body eyes $3 billion exports to Bangladesh

Pakistan’s top commerce body eyes $3 billion exports to Bangladesh
  • Pakistan sets up pavilion at international textile and chemicals exhibition in Dhaka
  • Pakistan has a current export volume to Bangladesh of $800 million, says FPCCI

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Thursday eyed increasing Islamabad’s exports to Bangladesh to $3 billion within a couple of years, as the two countries aim to reset ties after years of bitter relations.

The development came during the 48th DyeChem Bangladesh 2025 Expo in Dhaka, an international trade exhibition in the city for textile and chemical industries.

FPCCI Senior Vice President Saquib Fayyaz Magoon inaugurated the Pakistan Pavilion at the venue alongside Pakistan’s High Commissioner to Bangladesh Imran Haider.

“Saquib Fayyaz Magoon, SVP FPCCI, has stated that Pakistan’s exports to Bangladesh can be enhanced to $3 billion within a couple of years from the current export volume of approximately $800 million,” the FPCCI said in a statement.

“Whereas medium-term export potential to Bangladesh stands at $5–7 billion.”

The FPCCI described Bangladesh as a “global textile and apparel powerhouse,” saying it could serve as a key export market for textile chemicals and dyestuffs for Pakistan.

“The 48th DyeChem Bangladesh 2025 Expo provides a direct pathway to connect with a $47 billion textile and apparel industry that continues to grow year after year,” Magoon said, as per the FPCCI.

Haider, meanwhile, assured full support for Pakistani exporters.

Pakistan and Bangladesh have taken steps to rebuild ties in recent months, with Pakistan’s Deputy Prime Minister Ishaq Dar undertaking a landmark visit to Dhaka in August to reset relations.

Pakistan and Bangladesh were once one nation, but they split in 1971 as a result of a bloody civil war, which saw the part previously referred to as East Pakistan seceding to form the independent nation of Bangladesh. Ties between Pakistan and Bangladesh have warmed up since ex-PM Sheikh Hasina’s ouster as a result of a student-led uprising in August 2024.

Islamabad has attempted to forge closer ties with Bangladesh in recent months as relations remain frosty between Dhaka and New Delhi over India’s decision to grant asylum to Hasina after she fled the country. Both Pakistan and Bangladesh began sea trade last year and began expanding government-to-government commerce in February.