Lahore on high alert today ahead of rally by party of Pakistan’s Imran Khan

Supporters and activists of Pakistan Tehreek-e-Insaf (PTI) party take part in an election campaign rally in Lahore on January 28, 2024, ahead of the upcoming general elections. (AFP/File)
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Updated 21 September 2024
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Lahore on high alert today ahead of rally by party of Pakistan’s Imran Khan

  • Main aim of rally, which follows one held in Islamabad on Sept. 8, is to mobilize supporters for Khan’s release from prison
  • Preparations are underway as groups of supporters continue to gather in Lahore’s Kahna area to attend the rally from 3-6pm

LAHORE: Lahore, the provincial capital of Punjab, was tense on Saturday noon ahead of a planned rally by the Pakistan Tehreek-e-Insaf (PTI) of jailed former Prime Minister Imran Khan, with party leaders complaining of a crackdown on supporters.
After days of uncertainty on whether the rally would be held, the district administration on Friday evening gave the PTI permission to hold the event from 3-6pm in the Kahna area of the city’s Ring Road, subject to compliance with 43 conditions, including that supporters would not cause unrest or chant anti-state slogans.
The main aim of the rally, which follows one held in the federal capital of Islamabad on Sept. 8, is to mobilize supporters for the release of Khan, who has been in jail since August last year. He was convicted in four cases since he was first taken into custody, all of which have been either suspended or overturned by the courts. Khan remains in jail, however, on new charges brought by the national accountability watchdog regarding the illegal sale of gifts from a state repository while he was prime minister from 2018-22.
The PTI had wanted to organize the rally at Lahore’s historic Minar-e-Pakistan monument, but the district administration allowed a different venue.
“We are okay with this [Kahna] venue as our primary focus is to hold the rally in Lahore irrespective of the location,” Ayesha Ali Bhutta, PTI secretary-information in Lahore, told Arab News over the phone on Friday evening.
Preparations for the rally were underway at around 1130am on Saturday, with groups of supporters arriving at the venue. Most of the eastern city remained open for traffic but access to a main thoroughfare, the Ring Road, leading to the venue, was blocked at a few locations.
Caravans of supporters from various cities in Khyber Pakhtunkhwa, where the PTI has been in power, and elsewhere in Punjab were also en route to Lahore to attend the rally, according to TV footage.
Bhutta complained of a crackdown on the party ahead of the rally, saying almost 50 leaders and supporters had been arrested. Despite the odds, she said, the party was resolved to go ahead with the public gathering.
“We have clear instructions from Imran Khan to hold this rally, and we are ready to organize it at the venue given by the local administration,” Bhutta said. “The purpose of this rally is to demand the release of Imran Khan who has been held illegally in jail for over a year now.”
The PTI leader said caravans of PTI supporters had already left from far-flung areas of Punjab for Lahore to participate in the rally.
In an X post on Friday, Punjab Information Minister Azma Zahid Bokhari said PTI supporters were causing unrest on the roads, warning of action.

 Speaking to Arab News, Punjab Police Director of Public Relations Syed Mubashar Hussain declined to comment on the arrests.
“The political party’s leadership is responsible for the security of the rally, and the police will be maintaining law and order in the city as per routine,” he said.
The PTI says it has faced an over year-long crackdown since protesters allegedly linked to the party attacked and damaged government and military installations on May 9, 2023, after Khan’s brief arrest that day in a land graft case. Hundreds of PTI followers and leaders were arrested following the riots and many remain behind bars as they await trial. The military has also initiated army court trials of at least 103 people accused of involvement in the violence.
The party says it was not allowed to campaign freely ahead of Feb. 8 general elections, a vote marred by a mobile Internet shutdown on election day and unusually delayed results, leading to accusations that it was rigged and drawing concern from rights groups and foreign governments.
The PTI says it won the most seats, but its mandate was “stolen” by the coalition led by Prime Minister Shehbaz Sharif, which the party says formed the government with the backing of the all-powerful military. Both deny the claim.


$170 million raised in Pakistan’s largest-ever IPO for Lucky Islamic Money Market Fund

Updated 09 April 2025
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$170 million raised in Pakistan’s largest-ever IPO for Lucky Islamic Money Market Fund

  • Lucky Investments says investors demonstrated “overwhelming confidence” in its first Shariah-compliant offering
  • State Bank of Pakistan has set the target to increase the share of Islamic banking system to 35 percent by 2025

ISLAMABAD: Lucky Investments Limited said on Wednesday it had successfully raised Rs50 billion ($170 million) during the Initial Public Offering (IPO) of its debut fund, the Lucky Islamic Money Market Fund, the largest ever mutual fund launch in Pakistan.
The Fund had declared the launch of its IPO for April 9, inviting all interested investors to become part of a historic interest-free, Shariah-compliant Pakistan initiative, as per a notice issued by the company.
“This landmark achievement marks an extraordinary milestone in Pakistan’s financial sector, where investors nationwide demonstrated overwhelming confidence in the company’s first Shariah-compliant offering,” Lucky Investments said in a statement. 
“The record-breaking subscription underscores robust demand for Islamic financial products and firmly positions Lucky Investments’ place as a promising new player in Pakistan’s Asset Management Industry.”
Lucky Investments, a subsidiary of Pakistan’s Lucky Group, focuses on investment and portfolio management across sectors like energy, real estate and manufacturing. Originally known as Interloop Asset Management Limited, the company was acquired by Yunus Brothers Group in December 2024 and rebranded as Lucky Investments Limited.
The company listed Lucky Islamic Money Market Fund as the first in a planned series of Shariah-compliant mutual funds set to be introduced by the company.
“We are profoundly grateful for the extraordinary trust placed in us by investors across Pakistan,” Lucky Investments Chief Executive Officer Mohammad Shoaib was quoted as saying in the statement.
“Breaking the national record with a Rs50 billion subscription in a single day is not just a milestone for Lucky Investments, but a testament to the growing strength of Islamic finance in our market.”
Shariah-compliant investments are gaining traction in Pakistan as investors seek ethical, faith-based financial solutions. Supported by a growing Islamic finance sector and regulatory backing from the Securities and Exchange Commission of Pakistan and the State Bank, the market continues to expand through mutual funds, sukuk, and Islamic banking products.
In 2024, Islamic banking in Pakistan held a significant market share, with assets and deposits accounting for approximately 19 percent and 24 percent of the overall banking industry, respectively, by the end of September. 
The State Bank has set the target to increase the share of the Islamic banking system to 35 percent by 2025.


Pakistanis divided as Afghan migrants face expulsion under new policy

Updated 09 April 2025
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Pakistanis divided as Afghan migrants face expulsion under new policy

  • Pakistan has asked all “illegal foreigners” and Afghan Citizen Card holders to leave or face deportation from April 1
  • Move is part of larger deportation drive that began in November 2023 and has seen over 900,000 Afghans expelled

ISLAMABAD: As Pakistan intensifies its campaign to expel thousands of Afghan migrants, opinions in Islamabad remain divided, according to interviews with residents.
Earlier this year, Pakistan’s interior ministry asked all “illegal foreigners” and holders of Afghan Citizen Cards — a document launched in 2017 to grant temporary legal status to Afghan refugees — to leave the country before Mar. 31, warning that they would otherwise be deported from April 1. The move is part of a larger repatriation drive of foreign citizens that began in November 2023, with over 900,000 Afghans expelled from Pakistan since.
While 19-year-old student Rubab Iffat called the deportations “not right,” others like teacher Pervaiz Akhtar supported the government’s decision, saying Afghans were against Pakistan and were behind terror attacks in the country. The government in Kabul denies Afghanistan is to blame for Pakistan’s security problems. 
“Even on social media, they [Afghans] are against Pakistan ... They make their living here, but they are against us,” Akhtar said. 
“If you look overall, even locally, if you ask someone what Afghans say about us, they are against our country. Terrorism is also being carried out from there [Afghanistan] so it is justified that they leave. And they should go by all means, their country is Afghanistan.”
But Iffat said the government was not “doing the right thing” by expelling Afghans:
“Because they have been living here [Pakistan] for a long time and their home is here now, their children are studying here, so this is their country too. They should be given the same rights as us.”
Meanwhile, Afghanistan-bound trucks have been piling up outside Pakistan migrant camps as pressure to leave mounts.
In a migrant camp in the southwestern border town of Chaman, Afghan migrant Ismail prepared to return to his home country, leaving behind an “unfinished” life after a decade in Pakistan.
“I had a stable job, I had found stability,” he said, standing in front of rows of loaded trucks bound for Afghanistan. “Then the government told us we had to leave.”
Ghulam Hazrat said he had to leave behind his house and business and in the days leading up to leaving Karachi where he has lived for years, he had faced harassment from police.
“We were harassed every day. They didn’t even spare us on the streets and threw us straight into jail,” Hazrat added.
“Because of all this, we became very desperate and decided to leave Karachi [for Afghanistan].”


KFC, Domino’s Pizza outlets attacked in Pakistan over Gaza war — police

Updated 09 April 2025
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KFC, Domino’s Pizza outlets attacked in Pakistan over Gaza war — police

  • Mobs have attacked KFC and Domino’s Pizza outlets in Pakistan’s commercial capital of Karachi in three separate assaults since Monday
  • Attacks widely blamed on TLP religious-political party which denies involvement and says using peaceful means to force boycotts

KARACHI: Three Kentucky Fried Chicken restaurants and one Domino’s Pizza outlet were attacked in the Pakistani city of Karachi over the past three days, causing some damage but no injuries, police said, describing the assaults as being motivated by anger over Israel’s war in Gaza. 
Boycott campaigns have hit Western brands in many Muslim countries since the start of Israel’s latest war on Gaza in October 2023, spearheaded by the BDS Movement, a global, Palestinian-led campaign advocating for non-violent pressure on Israel to respect Palestinian rights under international law. The movement calls for the boycott of certain companies and organizations that it says have invested in Israel or donate to its military and are directly profiting from its economy.
While not officially on the BDS boycott list, KFC has faced backlash from pro-Palestinian advocates in many countries who believe the brand’s operations in Israel contribute to the conflict. KFC, owned by Yum! Brands, has faced boycotts in many Arab nations and accusations of supporting Israel due to Yum! Brands’ investments in Israeli-based startups, but the company maintains it is non-political and denies supporting the Israeli military or government. Dominos is on the boycott list of the BDS, which says it donates to the Israeli military, an accusation the company denies. There is, however, an Israeli subsidiary of Domino’s Pizza.
“A mob of about 100 to 150 people attempted to ransack a multinational food chain outlet and block the main highway,” Senior Superintendent of Police (SSP) in the Malir area, Kashif Abbasi, to Arab News, confirming that the outlet was a local branch of KFC.
He said police acted promptly, dispersed the crowd and prevented damage to the building while arresting nine suspects. 
On Tuesday, a mob of around 35 people attacked KFC and Domino’s Pizza restaurants in Karachi, with ten suspects arrested. 
“The attack on the food outlets was motivated by anger over the situation in Gaza,” said Syed Asad Raza, Deputy Inspector General (DIG). 
“There is a similar pattern across the Muslim World, especially Bangladesh and other countries, mostly incited through social media.”
In a third attack on Monday over a dozen men hurled stones at a KFC outlet and broke its windows. 
“They were unable to enter the outlet and fled due to the prompt response of the police. No arrests have been made, but we have registered a case against the unidentified attackers,” Dr. Farrukh Raza, Senior Superintendent of Police for East Karachi, told Arab News.
On Wednesday, media also reported attacks on a KFC branch in the eastern Pakistani city of Lahore. 
The attacks have been widely blamed on the Tehreek-e-Labbaik Pakistan (TLP) religious-political party, known to lead violent protests in the country, most prominently in support of blasphemy laws. 
However, TLP spokesperson Rehan Mohsin Khan distanced the party from the attacks on the KFC and Domino’s Pizza restaurants and told Arab News that while TLP’s stance on the Palestine issue was “clear,” violent protests were “not part of our policy.”
“If one or two members of Tehreek-e-Labbaik Pakistan were present among the protesters out of their love for Gaza, it does not mean that it was the policy of the party or we support violence,” he said.
“We are in favor of peaceful protests, and we are trying to pressure the Pakistani government to officially boycott all these products.”


Pakistanis eligible for five-year visa to UAE — officials

Updated 09 April 2025
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Pakistanis eligible for five-year visa to UAE — officials

  • There have been widespread reports in recent months of a decline in visa approvals for Pakistanis by the UAE
  • Problems with documents, criminal records and lack of respect for local laws among reasons for refusals to Pakistanis

KARACHI: A provincial governor in Pakistan and the UAE consulate in Karachi said this week visa issues between the two countries had been resolved and Pakistanis could now apply for five-year visas to the Emirates.
There have been widespread reports in recent months of a decline in visa approvals by the UAE for Pakistanis and a decrease in overall employment opportunities for the South Asian country’s nationals, allegedly due to their lack of respect for local laws and customs, as well as their participation in political activities and sloganeering while abroad.
News that visa issues had been resolved first came on Monday from the office of the governor of Pakistan’s Sindh province after he met UAE Ambassador Hamad Obaid Ibrahim Salem Al-Zaabi in Karachi. 
“In a meeting with Governor Sindh Kamran Khan Tessori, UAE Ambassador Hamad Obaid Al-Zaabi said that visa issues have been resolved, Pakistanis can get five-year visas,” Tessori’s office said in a statement.

In this handout photo, taken and released by Sindh Governor Office on April 9, 2025, Governor Sindh Kamran Khan Tessori (center) speaks as UAE Ambassador Hamad Obaid Al-Zaabi (left) and Consul General Bakheet Ateeq Al-Rumaithi (right) gesture during their visit at the UAE consulate in Karachi. (Photo courtesy: Facebook/TeamKTessori)

On Tuesday, the UAE’s consulate in Karachi, the provincial capital of Sindh, also released a statement about the meeting between Al-Zaabi and Tessori, quoting the governor as saying Pakistanis could avail the five-year visa facility. 
“We love Pakistanis very much,” the statement added, quoting Consul General Bakheet Ateeq Al-Rumaithi. “Every person can apply for a UAE visa … Pakistani citizens can also apply for a UAE visa for work, medical treatment and other needs.”
In February, Pakistani Ambassador to the UAE, Faisal Niaz Tirmizi, had said several factors were contributing to Pakistanis’ inability to obtain visas, including problems with documentation and criminal records of applicants. 
There are approximately 1.5 to 2 million Pakistanis living in the UAE, making them the second-largest expatriate group after Indians. The Gulf nation is also the second largest source of foreign remittances to Pakistan after Saudi Arabia.


Pakistan stocks remain under pressure on uncertainty over US tariffs

Updated 09 April 2025
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Pakistan stocks remain under pressure on uncertainty over US tariffs

  • Benchmark KSE-100 index experienced significant intraday pressure on Wednesday, plunging as much as 2,640 points during the session 
  • Global markets took a pummeling on Wednesday as President Donald Trump’s eye-watering 104% tariffs on China came into effect

ISLAMABAD: Pakistan’s benchmark KSE-100 index experienced significant intraday pressure on Wednesday, shedding as much as 2,640 points during the session before settling at 114,153 points on uncertainty over US tariff measures.
Global markets took a pummeling on Wednesday as President Donald Trump’s eye-watering 104% tariffs on China came into effect, and a savage selloff in US bonds sparked fears that foreign funds were fleeing US assets.
This week has brought crisis-era volatility to markets, wiping off trillions of dollars in value from stocks and hitting commodities and emerging markets with force.
“The Pakistan Stock Exchange remained under significant pressure today, as mounting uncertainty over potential US tariff measures reverberated across global financial markets,” Pakistani brokerage house Topline Securities said in its daily market review.
“In line with the negative trend witnessed in international equities, the local bourse experienced heightened volatility throughout the session.”
After plunging as much as 2,640 points during intraday trading on Wednesday, some recovery was seen in the latter half of the day and the index closed at 114,153 points, marking a net decline of 1,379 points or 1.19%.
On Tuesday, Pakistan stocks had closed at 118,938, gaining 623 points (0.54%), a day after the exchange fell to an intraday low of 8,687 points, the largest intraday point-wise drop in PSX history.
Major stock indexes plunged on Monday after Trump announced tariffs on goods imported from the rest of the world, saying a 10% tariff on all nations and much higher rates of up to 50% on individual countries will boost the US economy and protect jobs.
The Trump administration has also imposed a 29% tariff on Pakistan.