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Pakistan finmin in Washington for IMF, World Bank annual meetings, MENAP forum

Pakistan finmin in Washington for IMF, World Bank annual meetings, MENAP forum
Pakistan Finance Minister Muhammad Aurangzeb speaks during a Reuters interview at the 2025 annual IMF/World Bank Spring Meetings in Washington DC, US, April 25, 2025. (Reuters/File)
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Updated 5 min 32 sec ago

Pakistan finmin in Washington for IMF, World Bank annual meetings, MENAP forum

Pakistan finmin in Washington for IMF, World Bank annual meetings, MENAP forum
  • Muhammad Aurangzeb to meet IMF, World Bank heads, deliver keynote at MENAP forum
  • Visit comes as Pakistan seeks to unlock next IMF loan tranche amid economic strain 

Pakistan’s Finance Minister Muhammad Aurangzeb arrived in Washington on Sunday to attend the annual meetings of the International Monetary Fund (IMF) and the World Bank, where he will hold a series of high-level talks on investment, taxation and economic reforms, the Ministry of Finance said.

The visit comes as Pakistan engages with the International Monetary Fund to unlock the next tranche of its $7 billion loan program approved in September 2024, aimed at supporting economic stabilization and structural reforms. 

According to the statement, the finance minister will attend more than 65 events, meetings and roundtables during his visit, including two key sessions hosted by the World Economic Forum (WEF), and will outline Pakistan’s economic priorities and investment opportunities to international partners.

“Finance Minister Muhammad Aurangzeb will represent Pakistan at the plenary meetings of the World Bank and the International Monetary Fund,” the ministry said in a statement.

“He will meet IMF Managing Director Kristalina Georgieva, World Bank President Ajay Banga, and other senior officials of international financial institutions during his visit to the United States.”

At the IMF’s Middle East, North Africa and Pakistan (MENAP) platform, Aurangzeb will meet Georgieva and deliver a keynote address on Pakistan’s economic outlook and reform agenda.

The finance minister will also take part in a regional roundtable on the digital transformation of Pakistan’s Federal Board of Revenue (FBR), alongside tax authorities from other countries.

During his six-day visit, Aurangzeb is scheduled to meet his counterparts from China, the United Kingdom, Ƶ, Türkiye and Azerbaijan. His engagements also include meetings with senior officials at the White House, the US Treasury Department, the International Development Finance Corporation (DFC), and the US Pakistan Business Council.

He is also expected to meet representatives of global credit-rating agencies, commercial banks, including Middle Eastern investment banks, and major U.S. think tanks such as the Atlantic Council and the Peterson Institute for International Economics.


India releases 55 Pakistani fishermen held for crossing maritime border — charity

India releases 55 Pakistani fishermen held for crossing maritime border — charity
Updated 18 sec ago

India releases 55 Pakistani fishermen held for crossing maritime border — charity

India releases 55 Pakistani fishermen held for crossing maritime border — charity
  • Fishermen freed from Indian jails returned to Pakistan through Wagah border crossing
  • Edhi Foundation says all released men will be taken from Lahore to Karachi in special vehicles

KARACHI: India has released 55 Pakistani fishermen arrested for allegedly violating maritime boundaries between the two neighboring countries, Pakistan’s Edhi Foundation charity said on Sunday.

The fishermen, freed from Indian jails, returned home via the Wagah border crossing between Lahore and Amritsar before being handed over to the Karachi-based charity for onward transport to their hometowns in southern Pakistan.

“Under the instructions of Edhi Foundation Chairman Faisal Edhi, all the released fishermen will be transported from Lahore to Karachi in special Edhi vehicles,” the foundation said in a statement.

The Edhi Foundation, one of Pakistan’s largest humanitarian organizations, routinely coordinates logistics and welfare support for released prisoners and fishermen returning home after years of detention.

Pakistan and India frequently detain fishermen from each other’s countries for crossing into territorial waters, a common occurrence given that the maritime boundary in the Arabian Sea is not clearly demarcated. Many small fishing boats lack modern navigation systems, often leading to unintentional border violations and lengthy detentions.

In September, India released 14 Pakistani prisoners, including five fishermen, who were repatriated through the same border crossing. Earlier this year, in February, Pakistan released 22 Indian fishermen from Karachi’s Malir Jail as part of a reciprocal repatriation process.

The two South Asian rivals exchange lists of prisoners held in each other’s custody every year on Jan. 1 and July 1 under the 2008 Consular Access Agreement.

In the latest exchange this July, India shared the names of 366 civilian prisoners and 86 fishermen in its custody who are confirmed or believed to be Pakistani. Pakistan provided the names of 43 civilian prisoners and 211 fishermen believed to be Indian.


Pakistan government urges hard-line party to call off protest amid fighting on Afghan border 

Pakistan government urges hard-line party to call off protest amid fighting on Afghan border 
Updated 35 min 17 sec ago

Pakistan government urges hard-line party to call off protest amid fighting on Afghan border 

Pakistan government urges hard-line party to call off protest amid fighting on Afghan border 
  • Party accuses government of stalling talks, says movement halted near Lahore pending negotiations
  • No confirmation from authorities as party says 15 supporters killed, vows to continue march from Muridke 

ISLAMABAD: Pakistan’s government on Sunday urged the religious-political Tehreek-e-Labbaik Pakistan (TLP) party to call off or postpone its protest march toward Islamabad, saying the country needed national unity as its military confronted heightened security challenges along the Afghan border.

The march, which began in the eastern city of Lahore earlier this week, has advanced to the town of Muridke, about 33 kilometers away, as TLP supporters vow to continue toward the capital. The group says it plans to stage a demonstration outside the US embassy to express solidarity with Palestinians.

On Sunday, authorities partially reopened key highways and restored mobile Internet in parts of Islamabad and the adjoining city of Rawalpindi after days of restrictions. However, several major intersections, including Faizabad, remained closed for a third consecutive day.

The TLP’s protest march is taking place amid an unprecedented escalation of hostilities between Pakistan and Afghanistan. Earlier in the week, Afghan authorities accused Pakistan of bombing the capital, Kabul, and a market in the country’s east. Pakistan did not claim responsibility for the assault. On Sunday, the Afghan Taliban said they had killed 58 Pakistani soldiers in overnight border operations in response to what it said were repeated violations of its territory and airspace. Pakistan’s army has confirmed 23 of its soldiers were killed and 29 wounded.

“At this critical time, when Pakistan is focused on safeguarding its borders and avenging the blood of its brave martyrs, the TLP should cancel or postpone its protest in the name of the martyrs,” Adviser to the Prime Minister on Political Affairs, Rana Sanaullah, told reporters in Islamabad.

He said the Gaza issue, which the march was meant to highlight, was already nearing diplomatic resolution, referring to a ceasefire between Israel and Hamas that held in Gaza for a third day on Sunday.

“This march should instead have been carried as an expression of solidarity with the government of Pakistan for its efforts [in securing Gaza peace] which are being recognized by the whole world,” Sanaullah said.

Defying the government’s appeal, TLP spokesperson Rehan Khan told Arab News the group would press on if talks with officials failed to reach a settlement.

“We would proceed with the march as planned if negotiations failed to produce any result,” he said.

He said the government had not made contact with TLP since talks were last held on Saturday. 

“TLP is still waiting for the government to resume talks, but the lack of communication from them is extremely concerning,” Khan said. “Even before the start of the march, there was no contact made with TLP, and as soon as the dialogue process began, the party halted its march at Muridke.”

Khan said more than 15 of the group’s supporters had been killed and over 70 critically injured since the march began. The figures could not been independently verified, and both the federal and Punjab provincial governments have yet to comment on the reported casualties.

Police in Punjab province meanwhile say nearly 100 personnel were injured in clashes with TLP supporters as the group attempted to move toward the capital from Lahore and other cities.

Islamabad Police spokesperson Taqi Jawad told Arab News some roads in the capital had been reopened on Sunday while others remained closed for security reasons. 

“A few roads have been fully reopened, while others remain partially open. Only key points are completely blocked,” he said.

The TLP, a religious political party founded in 2015, has gained notoriety for large-scale street demonstrations that often turn violent. It has staged several sit-ins in Islamabad since its rise to prominence, mobilizing tens of thousands of followers on issues related to the blasphemy laws and foreign policy.


Pakistani PM to attend Egypt summit on Gaza peace plan

Pakistani PM to attend Egypt summit on Gaza peace plan
Updated 12 October 2025

Pakistani PM to attend Egypt summit on Gaza peace plan

Pakistani PM to attend Egypt summit on Gaza peace plan
  • PM Shehbaz Sharif among 20 leaders to attend world leaders’ summit on ending the Gaza war
  • Pakistan does not recognize Israel, calls for independent Palestinian state with Al-Quds Al-Sharif as capital 

ISLAMABAD: Pakistan’s Prime Minister Shehbaz Sharif will visit Sharm El Sheikh in Egypt on Oct. 13 for a world leaders’ summit on ending the Gaza war, the foreign office said on Sunday.

Egypt has said the peace summit aims “to end the war in the Gaza Strip, enhance efforts to bring peace and stability to the Middle East, and usher in a new phase of regional security and stability.”

The US president will lead the summit alongside Egypt’s President Abdel Fattah El-Sisi with leaders from more than 20 countries in attendance. No Israeli official is attending the forum. 

The United States, along with Egypt, Qatar and Turkiye, mediated what has been described as a first phase agreement between Israel and Hamas for a ceasefire, a mutual exchange of hostages and prisoners, an Israeli troop withdrawal from Gaza and increased humanitarian aid. The ceasefire held for the third day on Sunday. 

“The Sharm el-Sheikh Summit is the result of the diplomatic efforts that began on the sidelines of the UN General Assembly’s 80th Session in New York last month,” the Pakistani foreign office said. 

“Prime Minister’s participation in the Summit reflects Pakistan’s historic, consistent, and unwavering support for the just cause of the Palestinian people for their right to self-determination as well as for achieving lasting peace and stability in the region.”

The statement added that Pakistan hopes the Summit would pave the way for the “full Israeli withdrawal, protection of Palestinian civilians, an end to their displacement, release of prisoners, addressing of the prevailing grave humanitarian situation, as well as reconstruction of Gaza.”

“Pakistan also hopes that such efforts will contribute to a credible political process aimed at achieving an independent, viable, and contiguous State of Palestine, with Al-Quds Al-Sharif as its capital, based on pre-1967 borders, in line with relevant UN resolutions and the Arab Peace Initiative,” the foreign office said. 

Since Oct. 7, 2023, more than 67,000 Palestinians have been killed and over 170,000 injured in the Gaza war which has displaced over 1.9 million people. The conflict has left much of the enclave in ruins and triggered a severe humanitarian crisis.


Imam misses out on century in Pakistan’s strong start to 1st test against South Africa

Imam misses out on century in Pakistan’s strong start to 1st test against South Africa
Updated 12 October 2025

Imam misses out on century in Pakistan’s strong start to 1st test against South Africa

Imam misses out on century in Pakistan’s strong start to 1st test against South Africa
  • Imam played a fluent knock of 93 in his first test match after almost two years
  • Imam and Shan gave Pakistan a strong start to its new World Test Championship cycle

LAHORE, Pakistan: Opener Imam-ul-Haq missed out on his comeback test century as Pakistan recovered well from a brief collapse on an abrasive wicket to reach 313-5 against world champion South Africa in the first test on Sunday.
Imam played a fluent knock of 93 in his first test match after almost two years and together with captain Shan Masood, who made 76, gave Pakistan a strong start to its new World Test Championship cycle with a 161-run second-wicket stand.

The three South African spinners toiled hard but caught a break when they claimed three quick wickets without a run before Mohammad Rizwan (62 no) and Salman Ali Agha (52 no) struck unbeaten half centuries and gave Pakistan an early edge against the defending world test champion.

Both batters dominated the spinners with their strong sweep shots in a dominating final session for Pakistan that saw South Africa claiming the only wicket — struggling batter Babar Azam (23).

Rizwan had two narrow escapes before completing his half-century when captain Aiden Markram couldn’t snap a low catch in the slip and then the batter successfully overturned an lbw decision through referral.

Agha was fortunate late in the final session when Markram spilled a regulation edge after left-arm spinner Senuran Muthusamy (2-101) had created an opportunity with the second new ball on a dry wicket.

Imam and Masood controlled the spin trio of Muthusamy, Simon Harmer (1-75) and Prenelan Subrayen (1-72) after Kagiso Rabada (1-43) provided the Proteas’ breakthrough with his third ball by winning an lbw decision against Abdullah Shafique through television referral.

Both batted flawlessly against the spinners with some good running between the wickets and carried Pakistan to 107-1 by lunch. South Africa squandered two catching opportunities in Surbrayen’s successive overs that could have dismissed both left-handers in the second session.

Toni de Zorzi couldn’t grab a reflex catch off Masood at forward short leg and Wiaan Mulder couldn’t hold onto a sharp catch of Imam’s drive at mid-off.

The aggressive partnership between Imam and Masood was Pakistan’s joint-best partnership for the second wicket against South Africa, equaling Kamran Akmal and Younis Khan’s stand of 161 at the same ground in 2007.

Subrayen finally broke the stand when he had Masood trapped lbw off a fuller delivery that didn’t turn much. Then Muthusamy grabbed two wickets in two balls when de Zorzi didn’t miss another opportunity close to the wicket to end Imam’s brilliant knock.

Saud Shakeel left Muthusamy on a hat-trick when he offered a tame return catch off the leading edge as Pakistan went to tea at 199-4.

Babar had a nervy start when he overturned a caught behind decision by television referral before hitting four boundaries but he was undone by Harmer’s sharp turning delivery soon after tea as he prodded forward and South Africa won the lbw decision through the TV umpire and left Pakistan in a spot of bother at 199-5.

South Africa is coming off a 10-match winning streak that saw Temba Bavuma lead the side to the WTC title at Lord’s in a five-wicket victory over Australia in the final.

Bavuma will miss this series due to a calf injury he sustained during the limited-overs series against England, with Aiden Markram stepping in as skipper for the Proteas.

Pakistan came into the new WTC cycle with only three wins in its last 12 test matches. Off-spinner Sajid Khan has recovered from flu and will pair with left-arm spinner Noman Ali to counter a strong South African batting lineup with Salman Ali Agha providing another spin option for the home team.

Fast bowler Shaheen Shah Afridi will be playing his first test in a year while Pakistan also included paceman Hasan Ali, who last played in this format against Australia at Sydney in January 2024.

Qaddafi Stadium is hosting only its second test match since test cricket returned to Pakistan in 2019 after a decade in hiatus.


Largest-ever container ship docks in Karachi, marking record for Pakistani ports

Largest-ever container ship docks in Karachi, marking record for Pakistani ports
Updated 12 October 2025

Largest-ever container ship docks in Karachi, marking record for Pakistani ports

Largest-ever container ship docks in Karachi, marking record for Pakistani ports
  • Karachi’s deep-water terminal hosts 400-meter MSC Micol, new class of ultra-large container ship
  • Arrival of ship signals rising investor confidence in Pakistan’s trade routes and maritime infrastructure

KARACHI: Pakistan’s Hutchison Ports terminal in Karachi has received the largest container ship in the country’s history, a 400-meter-long vessel operated by Mediterranean Shipping Company (MSC) with a capacity for more than 24,000 containers, in a move officials say underscores growing global confidence in Pakistan’s maritime and logistics potential.

The arrival of the MSC Micol, one of the world’s most advanced container ships, marks a major milestone for Pakistan’s shipping industry, which has long lagged behind regional competitors such as India and the United Arab Emirates in handling ultra-large vessels. 

Hutchison Ports Pakistan, a subsidiary of the Hong Kong-based Hutchison Ports group and the country’s only deep-water terminal, said the berthing of the MSC Micol demonstrates that Pakistan now has the infrastructure to accommodate next-generation vessels that dominate global trade routes between Asia and Europe.

“Hutchison Ports Pakistan, the country’s only deep-water container terminal, has berthed the largest vessel in the nation’s history,” the company said in a statement. “MSC Micol, a next-generation container ship measuring 400 meters in length with a capacity of 24,070 TEUs, is among the world’s most advanced vessels and the largest ever to call at a Pakistani port, marking a historic milestone for Pakistan’s maritime industry.”

The terminal operator said the development underscores “the growing confidence of global shipping lines in Pakistan’s maritime potential” and highlights its “world-class capability” to handle vessels of this scale. 

It added that the ability to berth ultra-large container ships will help reduce freight costs and improve trade efficiency, benefits that could make Pakistan’s exports more competitive and imports more cost-effective.

Pakistan’s main seaports, Karachi and nearby Port Qasim, have traditionally handled smaller ships due to draft limitations, restricting their ability to compete with regional deep-water hubs such as Dubai’s Jebel Ali or India’s Mundra Port. The opening of Hutchison Ports Pakistan in 2018 gave the country its first facility capable of receiving vessels up to 400 meters long, a key requirement for the latest generation of global shipping fleets.

Located in Karachi’s Keamari district, the terminal is part of Hutchison Ports’ global network of 53 ports across 24 countries. Its expansion comes as Pakistan seeks to boost exports, streamline logistics, and strengthen trade corridors linked to the China-Pakistan Economic Corridor (CPEC). 

Industry analysts say the arrival of ultra-large vessels could also lower per-container handling costs and encourage major shipping lines to include Pakistan in their mainline Asia–Europe routes, rather than relying on feeder services via Gulf ports.