ISLAMABAD: Overseas Pakistani businessmen in Saudi Arabia expressed interest in investing in the tourism, agriculture, food processing and trading sectors of their country of origin on Sunday, as they arrived in Islamabad to attend the inaugural Overseas Pakistanis Convention.
Nearly 20 Pakistan-origin businessmen from the Kingdom are participating in the program that kicked off today and will conclude on April 15.
Organized by the Ministry of Overseas Pakistanis, the convention aims to recognize the contributions of expatriates to the national economy and address their concerns.
The government has accorded state guest status to all the attendees, with special arrangements made to welcome them at airports.
“We have keen interest in investing in Pakistan’s tourism infrastructure, including hotel development and facility upgrades, as well as in value-added agriculture, food processing and general trading sectors such as import-export,” Faisal Tahir Khan, a Saudi-born Pakistani businessman whose family has lived in the Kingdom for the past seven decades, told Arab News.
“At the moment our main platform, the Pakistan Investment Forum [PIF] in Saudi Arabia, is also working to build a Pakistan commercial hub in the Kingdom where we will be bringing the top 100 brands of Pakistan there,” he added.
Remittances sent by overseas Pakistanis are crucial for the country as the nation navigates a tricky path to recovery from a prolonged economic crisis that drained its revenues in recent years.
Pakistan expects to receive more than $35 billion in remittances until the end of this fiscal year in June, with its nationals in Saudi Arabia being top contributors to the country’s economy.
Khan maintained the Kingdom offered a robust investment ecosystem, driven by its Vision 2030 initiative to reduce its oil reliance and transform economy, saying the authorities in Riyadh are promoting equal opportunities for all investors.
Ali Khurshid Malik, another businessman from the Pakistani diaspora in Saudi Arabia, emphasized local companies should not miss the opportunities emerging in the construction sector in the Kingdom with the launch of projects like NEOM City.
NEOM City is a flagship project under Vision 2030, aimed at building a futuristic, sustainable urban hub driven by innovation and technology.
“The NEOM project offers a major opportunity for Pakistani investors in both construction, where Pakistan excels in materials and labor, and in smart city technologies, where its IT sector can play a key role,” he told Arab News.
Malik, who also serves as the finance secretary with PIF, said overseas Pakistanis with businesses in Saudi Arabia could help connect relevant companies in Pakistan, such as those providing construction materials like sanitary supplies, ceramics and marble with Saudi firms.
“There is also a demand for skilled workers, particularly in areas like smart electronics for smart homes,” he noted.
He also pointed out Pakistan needed to improve its certification systems to provide the Kingdom with certified skilled workers, including specialists in electronic modules, electronic systems, as well as electronic and software engineers.
Raja Shahid Raza, a Riyadh-based Pakistani entrepreneur, said the convention would provide a valuable opportunity for overseas Pakistani investors, businessmen and community members to engage directly with government institutions, while also boosting their pride as their contributions are being recognized by the country.
“As the top management of all key institutions that overseas Pakistanis interact with will be present, it will be a great opportunity to voice our concerns and receive direct responses from them,” he said, adding it would also connect different local businesses with the overseas community.
In a statement, Federal Minister for Overseas Pakistanis Chaudhry Salik Hussain said the convention aimed to address expatriates’ issues and recognize their contributions.
He informed the country’s top leadership, including the prime minister and the army chief, will also address the visiting business representatives.
Pakistani businessmen in Saudi Arabia eye investment in key sectors back home
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Pakistani businessmen in Saudi Arabia eye investment in key sectors back home
- These entrepreneurs are visiting Islamabad to attend the three-day Overseas Pakistanis Convention
- Pakistan Investors Forum plans commercial hub in Saudi Arabia to promote top 100 Pakistani brands
Beloved strongman: Support for Pakistan army chief surges after India conflict
- Government has promoted Gen Asim Munir to Field Marshal “in recognition of strategic brilliance and courageous leadership” in latest standoff with India
- Survey conducted after the India conflict by Gallup Pakistan, a local pollster, found that 93 percent of respondents felt their opinion of the military had improved
ISLAMABAD: Pakistan’s army chief General Asim Munir is the most powerful man in the country, but his popular support has surged after the worst conflict in decades with arch-rival India, shattering criticism of interference in politics and harshly cracking down on opponents.
A grateful government on Tuesday gave him a rare promotion to Field Marshal “in recognition of the strategic brilliance and courageous leadership that ensured national security and decisively defeated the enemy.”
The military has ruled Pakistan for at least three decades since independence in 1947 and wielded extraordinary influence even with a civilian government in office. But it, and its hard-line chief, have rarely received the widespread outpouring of affection seen this month that analysts say has reinforced the military’s dominance in the nuclear-armed nation.
“Long live General Asim Munir!” read placards held aloft in rallies in recent days in towns across Pakistan. His picture was put up on lamp posts and bridges, with some banners saying: “You are our savior!“
A survey conducted after the conflict by Gallup Pakistan, a local pollster, found that 93 percent of respondents felt their opinion of the military had improved.
Munir’s most bitter domestic foe, jailed former Prime Minister Imran Khan, also congratulated the military after this month’s clashes with India, claimed by both nations as a victory.
“It’s my country, it’s my army,” Khan said in a post on X last week. “I pay tribute to the Pakistan Air Force and all our military personnel for their professionalism and outstanding performance.”
Yousuf Nazar, a political commentator, said of Munir: . “He has emerged as Pakistan’s strongman with his military’s reputation restored as a formidable force.”
Six months after he took charge in November 2022, Munir was faced with the most serious challenge to the military’s hegemony when Khan’s supporters attacked and ransacked military installations.
Munir later faced sharp domestic criticism for the jailing of Khan and cracking down on supporters of his Pakistan Tehreek-e-Insaf party, as well as what critics alleged was rigging the general election last year to favor a rival party.
But the conflict with India has turned that around, said Ayesha Siddiqa, author of Military Inc, a book on the Pakistan military.
“It has made the general stronger than any other previous generals. He is a hero now,” she said, adding that the contest between the neighbors will be headed by two hard-liners, India’s Hindu nationalist Prime Minister Narendra Modi and Pakistan’s Munir, a devout Muslim.
“It’s an Islamist general versus a religious strongman,” she said.
The military did not respond to questions sent by Reuters.
FUNDAMENTAL DIFFERENCE
The spark for the latest fighting between the neighbors was an April 22 attack in Indian Kashmir that killed 26 people, most of them tourists. New Delhi blamed the incident on “terrorists” backed by Pakistan, a charge denied by Islamabad.
On May 7, the Indian military carried out air strikes on what it called “terrorist infrastructure” in Pakistan, in response to the attack in Kashmir.
Pakistan claimed to have downed at least 5-6 Indian fighter jets and carried out air strikes on Indian military bases. India has indicated that it suffered some losses and inflicted major damage on key Pakistani air bases and air defiance systems.
Munir, who has memorized the Muslim holy book, the Qur’an, has publicly underlined what he has said are fundamental differences between Islamic Pakistan and predominantly Hindu India.
“Our religion is different. Our customs are different. Our traditions are different,” he said in a speech in Islamabad a week before the attack in Indian Kashmir.
The Indian army “with all their wherewithal” cannot “intimidate” Pakistan, he said, peppering his comments with verses from the Qur’an.
“Pakistan needs to be a hard state.”
Pakistan’s counterstrike against India was named by him as “Bunyan Marsoos,” after a Qur’anic verse, which means Iron Wall, according to the military. It was launched on May 10 to coincide with dawn prayers, considered an auspicious time for Muslims.
Munir, the son of a schoolteacher, is an infantry officer and a former head of both the powerful Inter-Services Intelligence and Military Intelligence. He remains army chief until November 2027 and could be appointed for another five-year term at that point.
Husain Haqqani, a former Pakistani ambassador to the United States, said that even before the latest conflict, Munir was more hawkish on India than his predecessor General Qamar Javed bajwa as army chief, who had taken a more pragmatic and less ideological approach, seeking to improve relations.
“Conflicts with India remind Pakistanis of the fragility of their country and they rally to their army as the entity that will save the country,” said Haqqani.
“The recent show of strength and standing up to India has helped General Munir solidify his position within the country.”
Jumbo task: 400 pills a day for elephants with TB in Pakistan
- Vets hide medicines inside food ranging from apples, bananas and Pakistani sweets
- Sisters Madhubala and Malika were diagnosed with tuberculosis earlier this month
KARACHI: A team of doctors and vets in Pakistan has developed a novel treatment for a pair of elephants suffering from tuberculosis that involves feeding them at least 400 pills a day.
The jumbo effort by staff at the Karachi Safari Park involves cunningly administering the tablets, the same as those used to treat TB in humans, hidden inside food ranging from apples and bananas to Pakistani sweets.
Dr. Buddhika Bandara, a Sri Lankan veterinary surgeon who is treating elephants Madhubala and Malika, said they did not have a “rare disease” as tuberculosis was common in elephants in Asia.
“Giving treatment of TB to elephants is always challenging whenever, whatever and wherever, is always challenging not only in our country Sri Lanka, or in Pakistan, it is challenging everywhere actually,” the vet said.
“Every day we have to think about new methods of giving medicine.”
Bandara said the elephants showed some stress when the treatment was first started but gradually adapted to the procedure and were now getting better.
Under the treatment plan, the elephants will receive medication and monitoring for ten months after the initial phase. They are being kept under round-the-clock supervision, and park officials have restricted access to the enclosure for one year to minimize stress and prevent any risk of disease transmission.
Ali Baloch, a 22-year-old mahout, said though he looked after the elephants, he was unaware that they had TB.
“The team is saying now that they have the disease. That’s why we must wear mask, and boots, do not go without them. It can infect me and my children as well.”
The two elephants Malika and Madhubala took their medication differently, he added.
“Malika takes medicine by her trunk while Madhubala can take it directly by her mouth,” Baloch said. “They eat in this way. Malaika smells medicine so she takes by its trunk. To change the taste, we give medicine in sweet potatoes, bananas and other sweet items.”
The novel methods had to be used to ensure the elephants did not reject the treatment.
“They will not eat these [pills] so easily, they are bitter in taste.”
Visitors to the Safari Park are currently only allowed to view the elephants from designated buses or a safe distance, as part of efforts to ensure a stress-free environment during their recovery.
The cautious approach follows years of concern raised by international animal welfare organizations over the treatment of elephants in Karachi.
In 2021, the global group Four Paws assessed the city’s elephants and called for urgent medical care, improved nutrition and enriched environments to support their wellbeing.
The issue gained further attention after the deaths of two elephants — Noor Jehan in 2023 at the Karachi Zoo and Sonu in late 2024 at the Safari Park — both of which highlighted systemic gaps in animal care.
Since then, local authorities have taken steps to improve conditions, including the formation of a technical committee and increased collaboration with foreign veterinary experts.
Madhubala, Noor Jehan, Malika and Sonu were caught in the wild at a young age and brought to Pakistan together in 2009 but were soon separated, with Noor Jehan and Madhubala moved to the Karachi Zoo and Malika and Sonu to the city’s Safari Park.
Noor Jehan died in April 2023 at age 17, following a prolonged illness caused by neglect, leaving Madhubala alone.
In November last year, she was reunited with Malika and Sonu at the Safari Park. Sonu has since also passed away due to illness.
A look at recent deadly attacks in Pakistan as it battles rising militancy
- Government facing insurgencies in northwest and growing separatist insurgency in southwest
- Pakistan is also currently at loggerheads with both its neighbors India and Afghanistan
Following are some recent deadly attacks in Pakistan, where the government is facing insurgencies on two fronts — militant attacks in the northwest and a growing separatist insurgency in the south.
MAY 21, 2025
At least three children were among five people killed when a suicide bomber targeted an army school bus in the restive Pakistani southwestern province of Balochistan, in an attack the military blamed on Indian proxies.
The Indian government did not respond to a request for comment on the accusation.
MARCH 11, 2025
A total of 31 people, including soldiers, staff, and civilians, were killed by militants who hijacked a train as it traveled through a remote mountain pass in Balochistan. The Baloch Liberation Army (BLA), the biggest of several ethnic armed groups fighting the government, claimed responsibility.
MARCH 4, 2025
Suicide bombers drove two vehicles packed with explosives into a military base in the town of Bannu in the northwest, killing 18 people, including six children.
No group claimed responsibility for the violence.
NOVEMBER 1, 2024
A blast targeting a police van in Mastung town in Balochistan killed seven people, including five school students, and injured 23 others.
No group claimed responsibility.
AUGUST 26, 2024
At least 38 civilians and 14 soldiers were killed as separatist militants attacked police stations, railway lines and highways in Balochistan, and security forces launched retaliatory operations.
The BLA claimed responsibility for the attacks, the most widespread in the country in years.
DECEMBER 12, 2023
At least 57 people, including seven children, died as suicide bombings ripped through two mosques in Mastung while believers marked the birthday of the Prophet Muhammed (pbuh).
No group claimed responsibility.
JULY 31, 2023
A suicide bombing targeting a hard-line religious group’s political rally in Khyber Pakhtunkhwa province’s Bajaur region killed 56 people. The Daesh militant group claimed responsibility for the blast, which took place in northwestern Pakistan.
Pakistan approves authority to regulate, accelerate growth of virtual assets economy
- Pakistan set up national crypto council in March to create legal framework for cryptocurrency trading, luring foreign investment
- Last month, government introduced first policy framework to set rules for how digital money, service providers should operate in Pakistan
KARACHI: The government has approved setting up the Pakistan Digital Assets Authority (PDAA) to regulate blockchain-based financial infrastructure, the finance ministry said on Wednesday, as the country moves to adopt a strategy to regulate and accelerate the growth of its virtual assets economy.
Pakistan set up a national crypto council (PCC) in March to create a legal framework for cryptocurrency trading in a bid to lure international investment. One of the world’s most powerful people in crypto, co-founder and former CEO of Binance Changpeng Zhao, was subsequently appointed as a strategic adviser to the PCC.
Cryptocurrencies including bitcoin are not officially regulated in Pakistan but are also not illegal or banned. As of Jan. 16, 2021, the State Bank of Pakistan has not authorized any individuals or organizations to carry out the sale, purchase, exchange, and investment of virtual currencies, coins, and tokens.
Last month, Pakistan introduced its first-ever policy framework, created by a special government group under the Anti-Money Laundering (AML) and Counter Terrorism Financing (CTF) authority, to set rules for how digital money like cryptocurrencies and the companies that deal in it should operate in Pakistan. The policy has been formulated to align with compliance and financial integrity guidelines of the global Financial Action Task Force (FATF).
“The aim is to ensure FATF-compliant innovation, economic inclusion, and responsible adoption of digital assets,” the finance ministry said, announcing the approval of the Pakistan Digital Assets Authority.
Pakistan is experiencing a surge in the adoption of digital assets, driven by a growing tech-savvy population and increasing government support for blockchain technology.
“Pakistan must regulate not just to catch up but to lead. With the PDAA, we are creating a future-ready framework that protects consumers, invites global investment, and puts Pakistan at the forefront of financial innovation,” the finance ministry statement said, quoting finance minister, Muhammad Aurangzeb, who is also the chairman of the Pakistan Crypto Council.
The PDAA will serve as a specialized regulatory body with a mandate to oversee licensing, compliance, and innovation within the digital asset ecosystem. It will regulate exchanges, custodians, wallets, tokenized platforms, stablecoins, and DeFi applications, all under a single framework.
“This strategic decision aligns Pakistan with other forward-thinking economies such as the UAE, Japan, Singapore, and Hong Kong, all of which have established digital asset regulators to foster innovation while ensuring compliance with global financial norms,” the finance ministry said.
The PDAA is expected to regulate an over $25 billion informal crypto market, enable tokenization of national assets and government debt, provide legal clarity to global and local investors, facilitate monetization of Pakistan’s surplus electricity through regulated bitcoin mining and empower young people and startups to build blockchain-based solutions at scale.
“This is not just about crypto,” Bin Saqib, CEO of Pakistan Crypto Council, said.
“It’s about rewriting our financial future, expanding access, and creating new export channels through tokenization, digital finance, and Web3 innovation.”
According to Statista, a German online platform that specializes in data gathering and visualization, the projected revenue in the digital assets market in Pakistan is estimated to reach $1.6 billion by 2025 while the number of users is expected to reach 27.10 million users.
Pakistan drop stars Shaheen, Azam and Rizwan for Bangladesh T20s
- Batsmen Azam and Rizwan were omitted for the second consecutive T20 series after being criticized for slow scoring
- Salman Ali Agha will captain Pakistan as they look to next year’s Twenty20 World Cup hosted by India and Sri Lanka
KARACHI: Pakistan dropped stars Shaheen Shah Afridi, Babar Azam and Mohammad Rizwan on Wednesday as they named a new-look squad for three home Twenty20 internationals against Bangladesh.
Former New Zealand coach Mike Hesson will take charge for the first time after being appointed last week, replacing Aaqib Javed.
Salman Ali Agha will captain Pakistan as they look toward next year’s Twenty20 World Cup, to be hosted by India and Sri Lanka.
Fast bowler Shaheen had played in Pakistan’s last T20 series in New Zealand in March, but batsmen Azam and Rizwan were omitted for the second consecutive T20 series after being criticized for slow scoring.
“The squad has been selected based on players’ performances in the ongoing Pakistan Super League, which concludes on May 25,” the Pakistan Cricket Board said in a statement.
Shaheen has taken 12 wickets for Lahore Qalandars in 10 PSL matches at an economy rate of 8.20.
Opener Sahibzada Farhan earned a recall after topping the PSL batting charts with 394 runs.
Batsmen Saim Ayub and Fakhar Zaman return after missing the New Zealand tour with injuries.
Fast bowler Hasan Ali is back after being sidelined with multiple injuries since May last year.
The PCB said that the series match schedule, which has been affected by a 10-day delay to the PSL caused by the deadly India-Pakistan conflict, will be announced soon with all three matches to be held in Lahore.
Pakistan squad: Salman Ali Agha (captain), Shadab Khan, Abrar Ahmed, Faheem Ashraf, Fakhar Zaman, Haris Rauf, Hasan Ali, Hassan Nawaz, Hussain Talat, Khushdil Shah, Mohammad Haris, Mohammad Wasim, Mohammad Irfan Khan, Naseem Shah, Sahibzada Farhan, Saim Ayub.
