Pakistan signs deal with China for first astronaut mission to Tiangong space station

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Updated 28 February 2025
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Pakistan signs deal with China for first astronaut mission to Tiangong space station

  • Both countries have deepened space cooperation, marked by satellite development and a lunar mission
  • Pakistani astronaut will train as a scientific payload specialist, conduct research aboard the space station

ISLAMABAD: In a landmark development, Pakistan’s space agency signed a cooperation agreement with China on Friday, setting the stage for the country’s first astronaut to embark on a mission to a Chinese space station, prompting Prime Minister Shehbaz Sharif to applaud the development.

Pakistan and China have deepened their space cooperation, marked by joint satellite development and a planned lunar mission. Last month, the two nations signed a memorandum of understanding for the South Asian nation’s first lunar rover to be included in China’s Chang’e 8 mission in 2028.

The rover, developed by Pakistan’s Space & Upper Atmosphere Research Commission (SUPARCO), will land at the lunar south pole, carrying scientific instruments designed by Pakistani, Chinese and European scientists. Pakistani scientists will operate the rover from Earth, conducting surface mapping, soil analysis and radiation studies.

Pakistan previously made its mark in lunar exploration in 2024, when its first lunar satellite, ICUBE-Q, developed by students at the Institute of Space Technology (IST) in collaboration with Shanghai Jiao Tong University, was deployed aboard China’s Chang’e 6 mission to capture lunar images and collect magnetic field data.

SUPARCO has now signed a deal with the China Manned Space Agency (CMSA) to train and send a Pakistani astronaut to Tiangong, China’s space station, in an initiative expected to boost Pakistan’s presence in space research.

“It’s a great opportunity and a wonderful event where we have just witnessed the signing ceremony between Pakistan and China on extending our cooperation to promote space cooperation and getting ready to train our first Pakistani astronaut on a space flight to the Chinese space station,” Sharif said at the ceremony.

“This is yet another wonderful gesture from the Chinese government to further deepen our cooperation in this field and many other fields over the last many decades,” he added.

Sharif thanked Chinese President Xi Jinping for supporting Pakistan, saying the two countries’ collaboration had transformed his country’s economy.

An official SUPARCO statement detailed the agreement, confirming two Pakistani astronauts will initially undergo training at the Astronaut Center of China, with one ultimately selected as a scientific payload specialist to conduct research aboard the Chinese space station. The astronaut selection process will be completed by 2026, with a planned spaceflight in an upcoming mission.

The mission will focus on scientific experiments across multiple disciplines, including biological and medical sciences, aerospace, applied physics, fluid mechanics, space radiation, ecology, material sciences, microgravity studies and astronomy.

“The China Space Station is equipped with state-of-the-art experimental racks and external adaptors, facilitating multi-domain research,” the statement said, adding that findings from the experiments are expected to contribute to medical research, environmental monitoring and space technology with potential benefits for life on Earth.


Arif Habib Group submits bid as deadline nears for expressions of interest in PIA stake sale

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Arif Habib Group submits bid as deadline nears for expressions of interest in PIA stake sale

  • Chairman of group says going into process as consortium of Arif Habib Corporation, Fatima Fertilizers, Lack City Holdings, City Schools Group
  • Islamabad is trying to offload 51-100 percent stakes in PIA under ongoing $7 billion IMF program to overhaul loss-making state-owned firms

ISLAMABAD: The chairman of the Arif Habib Group, a prominent Pakistani conglomerate with diversified interests across various sectors, said on Thursday the consortium had submitted its bid to acquire a stake in Pakistan International Airlines (PIA), the country’s loss-making national flag carrier.

Expressions of interest are due today, Thursday, for an up to 100 percent stake in PIA as the government moves forward with a long-delayed privatization plan aimed at easing pressure on its strained public finances.

The sale of PIA will be the first major privatization for around two decades. Turning around loss-making state-owned enterprises is a condition of an ongoing $7 billion bailout by the International Monetary Fund.

The government tried unsuccessfully to last year offload a stake in PIA, which is a major burden on its budget, but the sale was aborted because of the poor state of the airline and the conditions attached to any purchase.

“We have submitted our bid for acquiring the PIA stake,” Arib Habib, the chairman of Arif Habib Group, told Arab News. 

The group has a broad portfolio encompassing financial services, including brokerage and investment banking, fertilizers, cement, steel, real estate development, energy, and more. Some of its notable subsidiaries include Arif Habib Limited (AHL), Fatima Fertilizer Company Limited, Aisha Steel Mills Limited, Javedan Corporation Limited, and Sachal Wind Power. 

“This time we are going into this process as a consortium that includes Arif Habib Corporation, Fatima Fertilizers Ltd., Lack City Holdings and City Schools Group.”

In an advertisement issued by the government last month, it had said the deadline for the submission of expressions of interest and Statements of Qualification for the “Divestment of Pakistan International Airlines Corporation Limited through privatization” had been extended to 4pm hours on Thursday, June 19, 2025. It did not provide a reason for the extension. 

No changes had been made to the remaining terms and conditions, the privatization commission had said. 

In April 2025, the commission invited expressions of interest from domestic and international investors to acquire a majority stake, ranging from 51 percent to 100 percent, in PIA, initially setting a submission deadline of Tuesday, June 3, 2025.

According to the public notice, each EOI must be accompanied by a non-refundable processing fee of $5,000 or Rs1.4 million, with consortia required to pay the fee through any one member. Eligible bidders include legal entities such as companies, firms, and corporate bodies, either individually or as part of a consortium.

Reuters reported on Wednesday that among those planning bids are Pakistani conglomerate the Yunus Brothers Group, owners of the Lucky Cement and energy companies, and a consortium led by Arif Habib Limited. Fauji Fertilizer Company, which is part-owned by the military, has also said it will be making an expression of interest.

“The board … has approved submission of an expression of interest and pre-qualification documents to the Privatization Commission … and undertaking a comprehensive due-diligence exercise,” FFC said in a notice to the Pakistan Stock Exchange this week. 

FFC is Pakistan’s biggest fertilizer maker and has diversified interests in energy, food and finance. Any deal on PIA would expand the military group’s footprint into aviation, though final terms will hinge on the government’s privatization process and regulatory approvals.

A group of PIA employees has also come forward to bid.

“The employees will use their provident fund and pension, in addition to finding an investor to place a bid. We’re doing this to save jobs and turn around the company,” Hidayatullah Khan, president of the airline’s Senior Staff Association, told Reuters this week.

This is Pakistan’s second attempt to sell PIA. 

A 2024 auction drew only one offer – Rs10 billion ($36 million) for 60 percent of the airline from real-estate developer Blue World City – far below the government’s Rs85 billion ($305 million) floor price, and was rejected. 

Pakistan had offloaded nearly 80 percent of the airline’s legacy debt and shifted it to government books ahead of the privatization attempt. The rest of the debt was also cleaned out of the airline’s accounts after the failed sale attempt to make it more attractive to potential buyers, according to the country’s privatization ministry.

In April, PIA posted an operating profit of Rs9.3 billion ($33.1 million) for 2024, its first in 21 years.

The airline has for years survived on government bailouts as its operational earnings were eaten up by debt servicing costs.

Officials say offloading the debt burden and recent reforms like shedding staff, exiting unprofitable routes and other cost-cutting measures led to the profitable year.

Ahead of the attempt to sell the airline last year, PIA had faced threats of being shut down, with planes impounded at international airports over its failure to pay bills and flights canceled due to a shortage of funds to pay for fuel or spare parts.


With inputs from Reuters
 


Missiles in the sky, prayers in their hearts: Pakistanis recount perilous journey home from Iran

Updated 57 min 16 sec ago
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Missiles in the sky, prayers in their hearts: Pakistanis recount perilous journey home from Iran

  • Hundreds of Pakistani pilgrims, students and workers were stranded after Iran’s airspace closed following Israeli attacks
  • Israel launched series of strikes on Iranian nuclear and military sites on June 13, triggering retaliatory missile strikes by Iran

ISLAMABAD: Hundreds of Pakistani pilgrims, students and workers have finally made it back home from Iran this week, telling stories of tense roads, sleepless nights and missiles flashing overhead as the conflict between Israel and Iran pushes the region to the brink of wider war.

A week of Israeli air and missile strikes against its major rival that started on June 13 has wiped out the top echelon of Iran’s military command, damaged its nuclear capabilities and killed hundreds of people, while Iranian retaliatory strikes have killed two dozen civilians in Israel.

In the immediate aftermath of Friday’s attacks, Iran closed its airspace to commercial traffic, leaving hundreds of expats, including Pakistani pilgrims, students and workers, stranded. 

For Hassan Raza, a 22-year-old student at Al-Mustafa International University in Qom, the abrupt closure of the skies turned an ordinary day into a marathon journey through the heart of a country on edge.

“When Israel attacked Iran on 13th June, I was at Tehran International Airport, and after a few moments, all flights were canceled and we entered Pakistan from the border of Rimdan by road,” Raza told Arab News on Wednesday in a telephone interview. 

Pakistan and Iran share a 909-kilometer (565-mile) border, which separates Balochistan from the Iranian province of Sistan-Baluchestan. Forced to abandon plane tickets, many stranded Pakistanis like Raza pooled resources to travel by bus, heading south from Tehran toward the remote border at Rimdan.

The bus route took Raza and his group past Natanz, a name known worldwide for being the site of Iran’s main uranium enrichment facilities and one of the prime targets of repeated Israeli attacks since Friday.

“We passed by Natanz, which is a nuclear power plant in Iran and has been targeted multiple times by Israel,” Raza said. 

As they continued, they witnessed firsthand the flashes and arcs of missiles fired in retaliation.

“We saw that many missiles were launched from Iran toward Israel and made videos of this as well,” he said. “After 20 to 22 hours, we reached the Rimdan border crossing and entered Pakistan.”

Along the road journey, Raza added, despite the echo of distant missile exchanges, daily life seemed remarkably calm.

Pakistani pilgrims evacuated from Iran walk across the Pakistan-Iran border at Taftan, in Balochistan province on June 18, 2025, amid the ongoing conflict between Israel and Iran. (AFP)

“JUST IN TIME”

Syed Nadeem Abbas Shirazi, a pilgrim from Mandi Bahauddin in Punjab province, had arrived in Mashhad, a sacred city for Shiite Muslims, to visit holy shrines when the attack threw the region into uncertainty.

“When Iran was attacked, I was in Mashhad. We went out and interacted with the local people, and they showed no signs of fear. In fact, they were very emotional,” Shirazi said.

“They were chanting slogans against Israel and the United States, and many said they had no fear of martyrdom, they desired it,” he added. 

As the situation remained tense, Shirazi and his group decided to return by road rather than wait for flights to resume.

“From Mashhad, we boarded a bus at 1pm and reached Chabahar at noon the next day,” he said. 

The group then hired a taxi for the final stretch to the Pakistan border near Gwadar.

For others, the trip home meant navigating jam-packed highways and rationed fuel in a country bracing for more strikes. 

Syed Ali Hassan, an electrician from Layyah who worked near Tehran, said he felt the atmosphere change instantly when the attacks began on Friday.

“People were not openly panicking, but you could feel the fear in the air, everyone seemed to be preparing for the worst,” Hassan said.

Amid the quiet fear, Hassan and a handful of other Pakistanis found a bus heading west toward the Taftan border in Pakistan’s Balochistan province.

“The journey wasn’t easy. Highways were packed with vehicles, fuel stations had long lines, and we traveled all night with brief stops, mostly in silence,” he said. 

Some passengers were worried about possible airstrikes or roadblocks, but the group managed to reach the border without incident.

At Taftan, exhausted and emotionally drained, many Pakistanis breathed a sigh of relief as they stepped back onto home ground.

“It felt like we had made it out just in time,” Hassan said. 


Expressions of interest due today for up to 100% stake in Pakistan International Airlines

Updated 18 min 22 sec ago
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Expressions of interest due today for up to 100% stake in Pakistan International Airlines

  • Islamabad is trying to offload 51-100% stakes in PIA under $7 billion IMF program to overhaul state-owned firms
  • 2024 auction drew only one offer of $36 million, which was far below government’s $305-million floor price, and was rejected

ISLAMABAD: Expressions of interest are due today, Thursday, for an up to 100% stake in Pakistan International Airlines (PIA), the country’s loss-making national flag carrier, as the government moves forward with long-delayed privatization plan aimed at easing pressure on its strained public finances.

The sale of PIA will be the first major privatization for around two decades. Turning around loss-making state-owned enterprises is a condition of an ongoing $7 billion bailout by the International Monetary Fund.

The government tried unsuccessfully to last year offload a stake in PIA, which is a major burden on its budget, but the sale was aborted because of the poor state of the airline and the conditions attached to any purchase.

In an advertisement issued by the government last month, it had said the deadline for the submission of expressions of interest and Statements of Qualification for the “Divestment of Pakistan International Airlines Corporation Limited through privatization” had been extended to 4pm hours on Thursday, June 19, 2025.

No changes had been made to the remaining terms and conditions, the privatization commission had said. 

In April 2025, the commission invited expressions of interest from domestic and international investors to acquire a majority stake, ranging from 51 percent to 100 percent, in PIA, initially setting a submission deadline of Tuesday, June 3, 2025.

According to the public notice, each EOI must be accompanied by a non-refundable processing fee of $5,000 or Rs1.4 million, with consortia required to pay the fee through any one member. Eligible bidders include legal entities such as companies, firms, and corporate bodies, either individually or as part of a consortium.

Reuters reported on Wednesday that among those planning bids are Pakistani conglomerate the Yunus Brothers Group, owners of the Lucky Cement and energy companies, and a consortium led by Arif Habib Limited that includes Fatima Fertilizer, Lake City, and The City School.

Fauji Fertilizer Company, which is part-owned by the military, has also said it will be making an expression of interest.

“The board … has approved submission of an expression of interest and pre-qualification documents to the Privatization Commission … and undertaking a comprehensive due-diligence exercise,” FFC said in a notice to the Pakistan Stock Exchange this week. 

FFC is Pakistan’s biggest fertilizer maker and has diversified interests in energy, food and finance. Any deal on PIA would expand the military group’s footprint into aviation, though final terms will hinge on the government’s privatization process and regulatory approvals.

A group of PIA employees has also come forward to bid.

“The employees will use their provident fund and pension, in addition to finding an investor to place a bid. We’re doing this to save jobs and turn around the company,” Hidayatullah Khan, president of the airline’s Senior Staff Association, told Reuters this week.

This is Pakistan’s second attempt to sell PIA. 

A 2024 auction drew only one offer – Rs10 billion ($36 million) for 60 percent of the airline from real-estate developer Blue World City – far below the government’s Rs85 billion ($305 million) floor price, and was rejected. 

Pakistan had offloaded nearly 80 percent of the airline’s legacy debt and shifted it to government books ahead of the privatization attempt. The rest of the debt was also cleaned out of the airline’s accounts after the failed sale attempt to make it more attractive to potential buyers, according to the country’s privatization ministry.

In April, PIA posted an operating profit of Rs9.3 billion ($33.1 million) for 2024, its first in 21 years.

The airline has for years survived on government bailouts as its operational earnings were eaten up by debt servicing costs.

Officials say offloading the debt burden and recent reforms like shedding staff, exiting unprofitable routes and other cost-cutting measures led to the profitable year.

Ahead of the attempt to sell the airline last year, PIA had faced threats of being shut down, with planes impounded at international airports over its failure to pay bills and flights canceled due to a shortage of funds to pay for fuel or spare parts.

With inputs from Reuters


Homeland insecurity: Expelled Afghans seek swift return to Pakistan

Updated 19 June 2025
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Homeland insecurity: Expelled Afghans seek swift return to Pakistan

  • Pakistan says it has expelled over million Afghans in the past two years, many have quickly attempted to return
  • Since April and a renewed deportation drive, some 200,000 Afghans have spilled over the two main border crossings from Pakistan

PESHAWAR, Pakistan: Pakistan says it has expelled more than a million Afghans in the past two years, yet many have quickly attempted to return — preferring to take their chances dodging the law than struggle for existence in a homeland some had never even seen before.

“Going back there would be sentencing my family to death,” said Hayatullah, a 46-year-old Afghan deported via the Torkham border crossing in Khyber Pakhtunkhwa province in early 2024.

Since April and a renewed deportation drive, some 200,000 Afghans have spilled over the two main border crossings from Pakistan, entering on trucks loaded with hastily packed belongings.

But they carry little hope of starting over in the impoverished country, where girls are banned from school after primary level.

Hayatullah, a pseudonym, returned to Pakistan a month after being deported, traveling around 800 kilometers (500 miles) south to the Chaman border crossing in Balochistan, because for him, life in Afghanistan “had come to a standstill.”

He paid a bribe to cross the Chaman frontier, “like all the day laborers who regularly travel across the border to work on the other side.”

His wife and three children — including daughters, aged 16 and 18, who would be denied education in Afghanistan — had managed to avoid arrest and deportation.

Hayatullah moved the family to Peshawar, the capital of Khyber Pakhtunkhwa and a region mostly populated by Pashtuns — the largest ethnic group in Afghanistan.

“Compared to Islamabad, the police here don’t harass us as much,” he said.

The only province governed by the opposition party of former Prime Minister Imran Khan — who is now in prison and in open conflict with the federal government — Khyber Pakhtunkhwa is considered a refuge of relative security for Afghans.

Samad Khan, a 38-year-old Afghan who also spoke using a pseudonym, also chose to relocate his family to Peshawar.

Born in eastern Pakistan’s Lahore city, he set foot in Afghanistan for the first time on April 22 — the day he was deported.

“We have no relatives in Afghanistan, and there’s no sign of life. There’s no work, no income, and the Taliban are extremely strict,” he said.

At first, he tried to find work in a country where 85 percent of the population lives on less than one dollar a day, but after a few weeks he instead found a way back to Pakistan.

“I paid 50,000 rupees (around $180) to an Afghan truck driver,” he said, using one of his Pakistani employees’ ID cards to cross the border.

He rushed back to Lahore to bundle his belongings and wife and two children — who had been left behind — into a vehicle, and moved to Peshawar.

“I started a second-hand shoe business with the support of a friend. The police here don’t harass us like they do in Lahore, and the overall environment is much better,” he told AFP.

It’s hard to say how many Afghans have returned, as data is scarce.

Government sources, eager to blame the country’s problems on supporters of Khan, claim that hundreds of thousands of Afghans are already back and settled in Khyber Pakhtunkhwa — figures that cannot be independently verified.

Migrant rights defenders in Pakistan say they’ve heard of such returns, but insist the numbers are limited.

The International Organization for Migration (IOM) told AFP that “some Afghans who were returned have subsequently chosen to remigrate to Pakistan.”

“When individuals return to areas with limited access to basic services and livelihood opportunities, reintegration can be challenging,” said Avand Azeez Agha, communications officer for the UN agency in Kabul.

They might move on again, he said, “as people seek sustainable opportunities.”


Pakistan raises over $4.2 billion in bond auction, launches first 15-year zero coupon issue

Updated 19 June 2025
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Pakistan raises over $4.2 billion in bond auction, launches first 15-year zero coupon issue

  • Muhammad Aurangzeb calls it a major step toward making Pakistan’s financial system resilient
  • He says the country is introducing new, smart ways of borrowing by giving investors more options

KARACHI: Pakistan raised more than Rs1.2 trillion ($4.2 billion) in a government bond auction on Wednesday, including the launch of its first-ever 15-year zero coupon bond, in a move the finance ministry said marked a shift toward longer-term and more diversified debt instruments.

The new zero coupon bond, which does not pay periodic interest but offers a lump sum at maturity, garnered strong investor demand and raised over Rs47 billion ($164.5 million).

The instrument is part of the government’s broader debt management strategy aimed at reducing short-term refinancing risk, encouraging Islamic finance and expanding the country’s long-term investment landscape.

“This is a major step forward in making Pakistan’s financial system stronger and more resilient,” the country’s finance minister, Muhammad Aurangzeb, said in a statement.
“We are introducing new, smart ways of borrowing that reduce risk and give investors more options,” he added. “Our aim is to manage public debt responsibly, promote Islamic finance and attract more long-term investment to support the country’s economic growth.”

The ministry noted the auction saw declining yields across other government securities, reflecting market optimism over moderating inflation and expectations of lower interest rates.

It said the average maturity of domestic debt had also risen from 2.7 years to 3.75 years, easing near-term repayment pressure.

The ministry noted the investor base was also broadening, with more participation from pension funds and insurance companies in addition to commercial banks.

It maintained the diversification helps distribute financial risk and deepen Pakistan’s local capital markets.

Officials also informed additional savings instruments for ordinary citizens, particularly Shariah-compliant bonds, are in development to foster retail investment and financial inclusion.

Despite ongoing global economic uncertainty, the ministry said the auction results reflect renewed investor confidence in Pakistan’s economic direction and reform efforts.