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Pakistan, 海角直播, UAE and other Muslim states back Trump鈥檚 Gaza peace plan聽

Pakistan, 海角直播, UAE and other Muslim states back Trump鈥檚 Gaza peace plan聽
US President Donald Trump speaks during a press conference with Israeli Prime Minister Benjamin Netanyahu in the State Dining Room of the White House in Washington, DC on September 29, 2025. Gaza residents would not be forcibly displaced and President Donald Trump would head a transitional body under a peace plan released publicly Monday by the White House. (AFP)
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Pakistan, 海角直播, UAE and other Muslim states back Trump鈥檚 Gaza peace plan聽

Pakistan, 海角直播, UAE and other Muslim states back Trump鈥檚 Gaza peace plan聽
  • Proposal includes ceasefire agreement, exchange of hostages between Hamas and Israel, and Israel鈥檚 withdrawal
  • Israel鈥檚 Prime Minister Benjamin Netanyahu has backed Trump鈥檚 peace plan, which also requires agreement from Hamas聽

ISLAMABAD: The foreign ministers of Pakistan, 海角直播, the UAE, Indonesia, Turkiye, Qatar, Egypt and Jordan this week backed US President Donald Trump鈥檚 plan to restore peace in Gaza, reaffirming their readiness to engage constructively with Washington and all parties toward finalizing and implementing the agreement.聽

Trump鈥檚 proposal, contained in a 20-point document released by the White House, includes a ceasefire agreement, an exchange of hostages held by Hamas and Palestinian prisoners held by Israel, a staged Israeli withdrawal from Gaza, the disarmament of Hamas and the reconstruction of Gaza with the assistance of the international community.

The American president presented his Gaza and the Middle East peace plan during his meeting with the leaders of Pakistan, 海角直播, UAE, Turkiye, Indonesia and other Muslim states in New York last week on the sidelines of the United Nations General Assembly (UNGA) session.

鈥淭he foreign ministers of the Hashemite Kingdom of Jordan, the United Arab Emirates, the Republic of Indonesia, the Islamic Republic of Pakistan, the Republic of T眉rkiye, the Kingdom of 海角直播 and the State of Qatar, the Arab Republic of Egypt welcome President Donald J Trump鈥檚 leadership and his sincere efforts to end the war in Gaza, and assert their confidence in his ability to find a path to peace,鈥 a joint statement from all countries, shared by Pakistan鈥檚 foreign ministry on Monday night, read.聽

The statement said the ministers welcomed Trump鈥檚 proposal to end Israel鈥檚 war in Gaza, rebuild the area and the American president鈥檚 announcement that he would not allow the West Bank鈥檚 annexation.聽

鈥淭he ministers affirm their readiness to engage positively and constructively with the United States and the parties toward finalizing the agreement and ensuring its implementation, in a manner that ensures peace, security, and stability for the peoples of the region,鈥 the joint statement said.聽

The foreign ministers reaffirmed their commitment to work with Washington on a 鈥渃omprehensive deal鈥 that ensures unrestricted delivery of sufficient humanitarian aid to Gaza, no displacement of the Palestinians, the release of hostages, a security mechanism that guarantees the security of all sides and full Israeli withdrawal, the statement said.聽

The joint statement also said the Muslim nations would back the deal to bring peace in the region on the basis of the two state solution, 鈥渦nder which Gaza is fully integrated with the West Bank in a Palestinian state in accordance with international law as key to achieving regional stability and security.鈥

The joint statement came a few hours after Prime Minister Shehbaz Sharif backed Trump鈥檚 Gaza peace plan, praising the American president for his leadership and efforts to bring an end to the nearly two-year-old Israeli onslaught.聽

Separately, Pakistan鈥檚 Deputy PM Ishaq Dar received a call from 海角直播鈥檚 Foreign Minister Prince Faisal bin Farhan on Monday night, the Pakistani foreign office said. The two leaders discussed the Gaza peace plan during their conversation.聽

鈥淏oth leaders reaffirmed the importance of coordinated regional and international diplomacy to bring an immediate end to the suffering of the Palestinian people and toward a just and lasting peace,鈥 the foreign office said.聽
Israel has killed over 66,000 Palestinians in Gaza since October 2023, angering Muslim nations worldwide, who have held massive protests to demand an end to Israel鈥檚 military operations in occupied Palestinian territories.聽

Israel鈥檚 Prime Minister Benjamin Netanyahu has also backed Trump鈥檚 plan. However, some elements seem to contradict the previously stated views of his government, in particular those related to the possibility of the Palestinian Authority eventually governing Gaza.

The plan also requires agreement from Hamas, which would be required to voluntarily disarm, effectively surrendering. Trump warned that should the group reject the deal, he could give Israeli authorities even more of a free hand to continue their military campaign in the war-ravaged territory.


Pakistan delegation in Riyadh to draft economic roadmap after landmark defense pact

Pakistan delegation in Riyadh to draft economic roadmap after landmark defense pact
Updated 30 September 2025

Pakistan delegation in Riyadh to draft economic roadmap after landmark defense pact

Pakistan delegation in Riyadh to draft economic roadmap after landmark defense pact
  • High-level team led by commerce and food security ministers working on two-month plan to boost trade and investment
  • Visit comes after Pakistan, 海角直播 signed landmark defense pact seen as opening door to deeper economic cooperation

ISLAMABAD: A high-level Pakistani delegation is currently visiting 海角直播 to advance Islamabad-Riyadh economic ties in a 鈥渟tructured and result-oriented manner,鈥 Pakistan鈥檚 Ambassador to 海角直播 Ahmad Farooq said on Monday.

The delegation, led by Commerce Minister Jam Kamal Khan and National Food Security Minister Rana Tanveer Hussain along with officials from Pakistan鈥檚 Special Investment Facilitation Council (SIFC), arrived on Sept. 25 and is reportedly working on a two-month plan to shape bilateral cooperation. Formed in 2023, the SIFC is a civil-military body that aims to attract foreign investment, especially from Gulf countries.

Pakistan has tried to strengthen its business-to-business (B2B) relations with the Kingdom in recent years, with both sides signing 34 memorandums of understanding and agreements worth $2.8 billion during Prime Minister Shehbaz Sharif鈥檚 visit to Riyadh last October. The agreements aimed to enhance private sector collaboration and commercial partnerships.

The visit of the Pakistani delegation comes after Pakistan and 海角直播 signed a landmark defense pact during Sharif鈥檚 state visit to Riyadh this month. While the pact is meant to enhance joint deterrence and deepen decades of military and security cooperation, many analysts believe the agreement will likely open new avenues of economic cooperation between the two nations.

鈥淭he visit comes within the framework of the High-Level Taskforce for Economic Cooperation between Pakistan and 海角直播, which provides an institutional mechanism to advance bilateral economic ties in a structured and result-oriented manner,鈥 Ambassador Farooq told Arab News.

鈥淭hese meetings are part of the ongoing efforts to further deepen cooperation between the two countries across a wide spectrum of sectors, including trade, investment, energy, infrastructure, technology, and human resource development.鈥

Arab News reached out to Pakistan鈥檚 commerce and food security ministries as well as the SIFC for more details on the visit but did not receive a response to its queries.

Pakistan and 海角直播 have 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.

海角直播 has also provided substantial support to Pakistan during its prolonged economic challenges in recent years, including oil cargoes on deferred payments as well as external financing and assistance with International Monetary Fund loan programs.

On Monday, PM Sharif said Pakistan鈥檚 defense agreement with the Kingdom formalized Islamabad鈥檚 longstanding fraternal ties with Riyadh, adding that it was signed in accordance with the wishes of the people of both nations.

鈥淲e have formalized it [through defense pact],鈥 the Pakistani premier told reporters in London. 鈥淎nd the bottom line of the agreement is that if anyone attacks one of the brother countries, the attack will be seen as against the other. And both will combat it together with consultation.鈥


Deadlock persists between Azad Kashmir government, protesters on demands as unrest kills one

Deadlock persists between Azad Kashmir government, protesters on demands as unrest kills one
Updated 29 September 2025

Deadlock persists between Azad Kashmir government, protesters on demands as unrest kills one

Deadlock persists between Azad Kashmir government, protesters on demands as unrest kills one
  • The Jammu Kashmir Joint Awami Action Committee has laid a 38-point charter of demands before the Azad Kashmir government
  • The demands include removal of perks of ruling elites, ending 12 Azad Jammu and Kashmir Assembly seats reserved for migrants

ISLAMABAD: A deadlock persists between protesters and the Azad Kashmir government over a 38-point charter of demands laid by the demonstrators, Pakistan Minister for Kashmir Affairs Ameer Muqam said on Monday, with clashes between rival groups killing at least one person.

The Jammu Kashmir Joint Awami Action Committee (JKJAAC) has laid a 38-point charter of demands before the Azad Kashmir government, which includes removal of perks of the ruling elites, ending 12 seats in the Azad Jammu and Kashmir Assembly reserved for Kashmiri migrants who came from the Indian-side of the territory, and royalty for hydel power projects in Azad Kashmir.

The JKJAAC, which has organized several protests in Azad Kashmir in recent years to demand resolution of public issues with some of them even turning violent, on Monday went ahead with its call for an indefinite 鈥渓ockdown鈥 and staged protests at multiple locations in the territory. A clash between JKJAAC and the Muslim Conference, which supports the AJK government, in Muzaffarabad killed one person.

The situation prompted Muqam to hold negotiations with JKJAAC representatives this week that failed to yield results as a deadlock persisted between the two sides, mainly over the dissolution of AJK Assembly seats reserved for Kashmiri migrants who came from the Indian side of the territory.

鈥淚 stand here and on behalf of the Government of Pakistan and the Prime Minister of Pakistan, I want to say this again... we believe in talks,鈥 he told reporters in Islamabad. 鈥淚f there are genuine problems, they should be resolved through talks and dialogue.鈥

He confirmed the killing of a man in the clash between Muslim Conference and JKJAAC supporters.

鈥淚 say this with sorrow that in this [clash], a citizen, Muhammad Sudhir, son of Muhammad Rehman, died and a few people were injured,鈥 he said. 鈥淭his is a matter of great sadness and regret.鈥

The development came a day after Pakistan Prime Minister Shehbaz Sharif urged the Jammu Kashmir Joint Awami Action Committee (JKJAAC) to withdraw its call for lockdown, a senior member of Sharif鈥檚 party said on Sunday.

鈥溾橧 will reach Pakistan within next two days鈥,鈥 Mushtaq Minhas, a member of Sharif鈥檚 PML-N party, quoted the Pakistan premier as telling him at their meeting in London. 鈥淭he prime minister said, 鈥榃e will contact the Joint Action Committee, I will have its representatives invited鈥.鈥

Minhas said the prime minister promised to resolve the issues faced by all the Kashmiri people, not just the joint action committee.

鈥淲hatever issues are being faced by the Kashmiris, he will, God willing, play his role regarding their resolution,鈥 he added.

The JKJAAC staged a similar protest in Nov. last year that continued for days and ended after assurances by the AJK government to meet their demands.

In May 2024, at least three protesters and a police officer were killed and several others wounded in days of clashes between demonstrators demanding subsidies on wheat flour and electricity and law enforcement in Azad Kashmir, according to officials.

The protests were called off after Pakistan announced $83 million subsidies and prompted the regional government to notify a reduction in prices of wheat flour and electricity.

The Himalayan territory of Kashmir has been divided between Pakistan and India since their independence from British rule in 1947. Both sides claim it in full but rule in part and have fought multiple wars over the region.

The protest in Azad Kashmir comes days after demonstrations demanding greater political autonomy in Ladakh, Indian-administered Kashmir turned violent in the sparsely populated, high-altitude region bordering China and Pakistan.

New Delhi blamed the unrest on 鈥減rovocative speeches鈥 by prominent activist Sonam Wangchuk, who had been on a hunger strike demanding either full federal statehood for Ladakh or constitutional protections for its tribal communities, land and fragile environment.

Prime Minister Narendra Modi鈥檚 government split Ladakh off from Indian-administered Kashmir in 2019, imposing direct rule on both. New Delhi has yet to fulfil its promise to include Ladakh in the 鈥淪ixth Schedule鈥 of India鈥檚 constitution, which allows people to make their own laws and policies.


Barrick CEO Mark Bristow steps down raising questions over future of Pakistan鈥檚 Reko Diq project

Barrick CEO Mark Bristow steps down raising questions over future of Pakistan鈥檚 Reko Diq project
Updated 29 September 2025

Barrick CEO Mark Bristow steps down raising questions over future of Pakistan鈥檚 Reko Diq project

Barrick CEO Mark Bristow steps down raising questions over future of Pakistan鈥檚 Reko Diq project
  • Bristow indicated in May he would stay in his current role until 2028, a timeline that would have allowed him to oversee Reko Diq鈥檚 development
  • His biggest test came this year when Barrick鈥檚 mine in Mali, Africa was taken over by the military government over alleged non-payment of taxes

Barrick Mining appointed veteran executive Mark Hill as interim president and CEO on Monday following the sudden resignation of Mark Bristow, who led the Canadian miner for nearly seven years after its merger with Randgold Resources.

Bristow, who became CEO in 2019 when Barrick acquired Randgold, oversaw the integration of the two companies and steered the miner through a period of significant portfolio reshaping and debt reduction.

鈥淒isappointed to see him leave, he has been a fine leader,鈥 said Peter Letko, of the Letko Brosseau investment fund, one of Barrick鈥檚 shareholders.

Bristow indicated in May he would stay in his current role until 2028, a timeline that would have allowed him to oversee the development of the company鈥檚 Reko Diq copper and gold project in Pakistan.

The announcement was therefore 鈥渟urprising,鈥 analysts at Citi said in a note.

鈥淥ne question is whether this will lead to bigger changes at Barrick,鈥 they said. 鈥淎 new CEO could bring a new strategy in Mali, at Reko Diq or for the portfolio.鈥

Hill, who will also continue to serve as group chief operating officer, takes charge immediately as the board begins a global search for a permanent chief executive with the help of an external firm, named by one source as Egon Zehnder.

The board has been looking at succession planning for some time, driven, according to one source with knowledge of the matter, by the business鈥檚 relative underperformance compared to competitors over the past five years.

Shares in Barrick, which owns 13 mining assets across Africa, Asia, Latin America, and North America, have lagged some rivals, rising by 37 percent since 2020 compared to a 110 percent climb in shares of fellow Canadian miner Agnico Eagle, with gold prices hitting record highs.

US-listed shares of Barrick were marginally higher in premarket trading on Monday.

MALI, REKO DIQ AMONG CHALLENGES FOR NEW CEO

The company will consider both internal and external candidates, the source said, adding it was not clear if Hill would put himself forward as permanent CEO.

Bristow鈥檚 last public appearance was earlier this month at the Denver Gold Conference, where he addressed a packed room of investors about Barrick鈥檚 future plans.

Known for his mercurial leadership style, his tenure at Barrick was focused on integrating tough assets that Barrick owned in some of the volatile regions of the world.

But his biggest test came this year when Barrick鈥檚 mine in Mali, one of its biggest gold assets in Africa, was taken over by the military government over alleged non-payment of taxes. Barrick had to write off $1 billion from its books over the dispute.

Resolving that dispute will be among the key challenges for Bristow鈥檚 successor, along with the development of Nevada gold project Fourmile and its integration with Nevada Gold Mines joint venture with Newmont, and work on Reko Diq, said Martin Pradier of Veritas Investment Research.


Pakistan PM supports Trump鈥檚 Gaza plan, says his leadership vital to ending war

Pakistan PM supports Trump鈥檚 Gaza plan, says his leadership vital to ending war
Updated 29 September 2025

Pakistan PM supports Trump鈥檚 Gaza plan, says his leadership vital to ending war

Pakistan PM supports Trump鈥檚 Gaza plan, says his leadership vital to ending war
  • Trump presented the peace plan for Gaza during his meeting with leaders of Pakistan, 海角直播 and other Muslim states last week
  • PM Shehbaz Sharif says he strongly believes the implementation of a two-state proposal is essential to ensure lasting peace in region

ISLAMABAD: Pakistan Prime Minister Shehbaz Sharif on Monday backed President Donald Trump鈥檚 20-point plan to end Israel鈥檚 war on Gaza, praising his leadership for efforts to bring an end to the nearly two-year-old Israeli onslaught.

Trump presented the peace plan for Gaza and the Middle East during his meeting with leaders of Pakistan, 海角直播, United Arab Emirates, Turkiye, Indonesia and other Muslim states last week on the sidelines of the United Nations General Assembly (UNGA) session.

The meeting came in the backdrop of Israel鈥檚 ramping up of its military operations in Gaza, where it has killed over 65,000 people since October 2023, as well as Israeli attacks against other regional states, with Muslim nations demanding the world hold Tel Aviv accountable.

In a post on X, Sharif, whose country does not recognize Israel and calls for an independent Palestinian state with pre-1967 borders, welcomed the US president鈥檚 20-point plan to ensure an end to the war in Gaza.

鈥淚 am also convinced that durable peace between the Palestinian people and Israel would be essential in bringing political stability and economic growth to the region,鈥 the Pakistan premier said.

鈥淚t is also my firm belief that President Trump is fully prepared to assist in whatever way necessary to make this extremely important and urgent understanding to become a reality.鈥

Sharif has gained favor with Trump since publicly endorsing the US president for a Nobel Peace Prize over his role in brokering a ceasefire in a four-day Pakistan-India military standoff in May. Unlike Sharif, PM Narendra Modi has declined to indulge Trump鈥檚 attempt to claim credit for the truce.

On Sept. 25, the Pakistani premier and Army Chief Field Marshal Asim Munir met Trump at the White House, in a high-level engagement aimed at resetting relations between the two countries and expanding cooperation on security, trade and regional peace.

On Sunday, Trump expressed optimism about reaching a deal to end the war in Gaza, saying there is 鈥渁 real chance for greatness in the Middle East.鈥

鈥淚 laud President Trump鈥檚 leadership and the vital role played by Special Envoy Steve Witkoff in bringing an end to this war,鈥 Sharif said in his X post on Monday.

鈥淚 also strongly believe that the implementation of the two-state proposal is essential to ensure lasting peace in the region.鈥


Pakistan slashes annual growth forecast to 3.9% after floods cause $1.3 billion losses 鈥 report

Pakistan slashes annual growth forecast to 3.9% after floods cause $1.3 billion losses 鈥 report
Updated 29 September 2025

Pakistan slashes annual growth forecast to 3.9% after floods cause $1.3 billion losses 鈥 report

Pakistan slashes annual growth forecast to 3.9% after floods cause $1.3 billion losses 鈥 report
  • Preliminary assessment says agriculture sector suffered $546 million in losses from floods
  • Experts warn unplanned relief spending could worsen fiscal pressures under IMF program

ISLAMABAD: Pakistan has slashed its annual gross domestic product (GDP) growth forecast to 3.9 percent from an earlier target of 4.2 percent as devastating monsoon floods this year caused an estimated $1.3 billion (Rs371 billion) in damage, according to a preliminary government assessment seen by Arab News.

The revised outlook highlights how recurring climate disasters are undermining Pakistan鈥檚 fragile economic recovery, even as it implements structural reforms under a $7 billion International Monetary Fund (IMF) program. Monsoon rains and floods have killed over 1,000 people, affected more than 4.5 million since June 26, and submerged millions of acres of farmland and standing crops, according to disaster management authorities.

The damage estimates currently reflect losses only from Punjab province, and assessments in Sindh and other regions are still underway, suggesting the final toll could be significantly higher. The agriculture sector 鈥 which underpins food security and exports 鈥 is the hardest hit, suffering $546 million (Rs155 billion) in losses, with projected growth slowing from 4.5 percent to 4 percent, according to the government鈥檚 early report of damages. 

Crop production has borne the brunt of the loss, with key staples such as wheat, rice and cotton expected to see growth decline from 6.7 percent to 4.5 percent. The industrial sector is projected to sustain more modest losses of $105 million (Rs29.9 billion), with growth revised slightly downward from 4.3 percent to 4.2 percent, while the services sector faces losses of $652 million (Rs186 billion). The transport and storage sector incurred $259 million (Rs74 billion) in damages, and the information and communication sector will contract from 5.0 percent to 4.3 percent, losing $51 million (Rs14.5 billion). Education and health sectors have incurred combined losses of about $19 million (Rs5.6 billion).

Economic experts have urged the government to avoid 鈥渦nplanned expenditures鈥 for relief after the latest disaster that follows the 2022 cataclysmic deluges, which killed more than 1,700 people, affected 33 million and caused an estimated $30 billion in losses.

鈥淚n response to Pakistan鈥檚 appeal [for international assistance] after devastating 2022 floods, funds to the tune of $10.98 billion were committed, but apart from the Saudi oil facility and deferred payment relief, only 25 percent of the remaining amount was actually received,鈥 Dr. Abid Qaiyum Suleri from the Islamabad-based Sustainable Development Policy Institute (SDPI) think tank, told Arab News. 鈥淭he country should locally arrange climate funds annually to deal with floods and other disasters.鈥

Arab News contacted Climate Change Minister Musadik Malik and Finance Adviser Khurram Schehzad for comment on the government鈥檚 assessment and any plans for an international appeal but received no response.

Earlier this year, Pakistan and the World Bank signed a Country Partnership Framework worth $20 billion over the next decade to support the country鈥檚 development priorities, including climate adaptation, social protection and private-sector growth. The financing, which complements the ongoing IMF program, is intended to strengthen the country鈥檚 economic resilience in the face of recurring climate shocks like the latest monsoon floods.

Despite contributing less than 1 percent of global greenhouse gas emissions, Pakistan ranks among the countries most vulnerable to climate change. Experts warn that without urgent adaptation and mitigation measures, the human and economic toll of climate change in Pakistan will only deepen in the years ahead.

But Muhammad Waqas Ghani, head of research at the JS Global brokerage firm, warned the government against fiscal and external risks if it resorted to unplanned relief spending.

鈥淒espite the scale of devastation in 2022, international assistance for Pakistan remained limited,鈥 Ghani said. 鈥淪hould the government now resort to unplanned expenditures on relief, restoration, and subsidies, it will create additional fiscal stress at a time when the country is already operating under strict IMF program targets.鈥

Damages to crops, livestock and textiles, which account for nearly 30 percent of Pakistan鈥檚 consumer price index, pose a 鈥渒ey downside risk to inflation forecasts,鈥 while food imports and reduced textile and rice exports could worsen the external account, Ghani added.