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Pakistan, Saudi Fund for Development reaffirm strategic economic partnership

Pakistan, Saudi Fund for Development reaffirm strategic economic partnership
Pakistan’s Finance Minister Muhammad Aurangzeb in a meeting with the CEO of the Saudi Fund for Development (SFD) in Washington, USA, on October 15, 2025. (Foreign Ministry)
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Updated 15 October 2025

Pakistan, Saudi Fund for Development reaffirm strategic economic partnership

Pakistan, Saudi Fund for Development reaffirm strategic economic partnership
  • SFD has financed about $1.2 billion in Pakistan projects and over $533 million in grants since 1976
  • Ƶ remains Pakistan’s top remittance source with about 2.64 million Pakistani workers

ISLAMABAD: Pakistan’s Finance Minister Muhammad Aurangzeb this week met the CEO of the Saudi Fund for Development (SFD) to reaffirm Pakistan’s strategic partnership with the Kingdom as Islamabad seeks to deepen ties with one of its most important development and financing partners amid a renewed push to attract investment and support reforms.

Ƶ has long been a pillar of Pakistan’s external financing and household income mix. SFD says it has financed more than 18 development projects and programs worth about $1.2 billion, alongside over $533 million in grants since 1976. 

“Senator Aurangzeb also met H.E. Sultan Abdulrahman Al-Marshad ... where he reaffirmed the strategic partnership between Pakistan and the Kingdom of Ƶ,” the finance division said in a statement after the meeting between the Pakistani finance minister and SFD CEO.

The meeting formed part of the finance minister’s broader Washington schedule on the sidelines of the IMF–World Bank Annual Meetings, where Pakistan has pressed its case for investment, climate-resilient development, and support for a reform program aimed at stabilizing growth and strengthening the external account.

Aurangzeb’s discussion with Al-Marshad also covered infrastructure priorities, notably the M-6 highway and the ML-1 railway line upgrade, as well as skills development and digital infrastructure, areas aligned with Pakistan’s broader push to improve logistics, productivity and public service delivery. SFD, for its part, has highlighted ongoing health, hydropower and transport initiatives in Pakistan and notes that in 2024 it signed 17 loan agreements worth SR3.7 billion (approximately $985 million) across 13 countries, signaling continued capacity to support partner economies.

The meeting underscores a decades-long relationship that blends development lending with short-term balance-of-payments support. SFD notes cumulative Pakistan operations spanning social infrastructure, transport, energy, water and sanitation. The Kingdom has also supported Pakistan with a $3 billion State Bank deposit, repeatedly rolled over, most recently in December 2024, and deferred oil payments of about $1.2 billion under a facility agreed in February 2025 to ease near-term pressures.

Meanwhile, about 2.64 million Pakistanis live and work in Ƶ, and the Kingdom is the largest single source of workers’ remittances to Pakistan. 

According to the State Bank of Pakistan, remittances from Ƶ totaled around $737 million in August 2025 and $751 million in September 2025, the highest among all source countries. 


Pakistan to host Saudi performers for the first time at World Culture Festival in Karachi

Pakistan to host Saudi performers for the first time at World Culture Festival in Karachi
Updated 15 October 2025

Pakistan to host Saudi performers for the first time at World Culture Festival in Karachi

Pakistan to host Saudi performers for the first time at World Culture Festival in Karachi
  • ‘Biggest festival in the world’ to run from Oct. 31 to Dec. 7, featuring artists from 141 countries
  • Israeli filmmakers also approached the Arts Council of Pakistan to participate in the festival

KARACHI: Cultural groups from Ƶ will participate for the first time in the World Culture Festival hosted by Pakistan from Oct. 31 to Dec. 7, the president of the Arts Council of Pakistan said on Wednesday, adding that it would be “the biggest festival in the world.”

The event, which will be held in Karachi, will host performers from 141 countries, including 37 from Africa, 41 from Asia, 36 from Europe, 13 from North America, 11 from South America and three from Oceania.

The seven-week festival will feature 45 theater productions, 60 music performances, 25 dance shows, six exhibitions, 25 workshops and 15 talks, with 25 international and 30 national artists taking part.

“This year, cultural groups from across the Middle East are participating in the World Culture Festival,” the council’s president, Muhammad Ahmed Shah, told Arab News. “We are grateful to Crown Prince Mohammed bin Salman for his remarkable efforts in promoting art and culture in Ƶ.”

“In the future, we look forward to strengthening cultural collaboration with the Kingdom,” he added.

Shah said during a news conference that the festival aimed to promote peace and intercultural understanding, noting that artists from conflict-affected regions will also be represented.

“When people from around the world come here, they will see how peaceful we are,” he said.

Highlighting the response the festival has received, he said that the council had received more than 2,800 films, adding that this is a number unmatched by any other festival in the world.

Shah mentioned that the council was even approached by filmmakers in India and Israel.

Pakistan has tense relations with India after an intense, four-day military conflict between the two South Asian nuclear-armed neighbors.

Pakistan also does not recognize Israel and has always called for an independent state of Palestine with pre-1967 borders and East Jerusalem as its capital.

Shah also praised the Sindh administration for supporting the event, saying the festival will feature Pakistani films alongside international entries.


Pakistan seeks to replicate Egypt’s Suez Canal free zone model in its ports — minister

Pakistan seeks to replicate Egypt’s Suez Canal free zone model in its ports — minister
Updated 15 October 2025

Pakistan seeks to replicate Egypt’s Suez Canal free zone model in its ports — minister

Pakistan seeks to replicate Egypt’s Suez Canal free zone model in its ports — minister
  • Egypt offers technical support as Pakistan plans port free zones modeled on Suez Canal framework
  • Islamabad also proposes “Pakistan Houses” in Egypt, Africa and Central Asia to promote trade and investment

KARACHI: Pakistan plans to replicate Egypt’s Suez Canal free zone framework across its key ports to boost industrial activity and regional trade, the Ministry of Maritime Affairs said on Wednesday.

A statement released after talks between Minister Muhammad Junaid Anwar Chaudhry and Egypt’s Ambassador Dr. Ihab Mohamed Abdelhamid Hassan in Islamabad said Egypt has offered to share its experience in managing and regulating free zones around the Suez Canal, one of the world’s busiest maritime corridors, to help Pakistan develop similar economic zones around its deep-sea ports. 

The move aims to attract investment in port-linked industries, logistics, and shipping, expanding Pakistan’s maritime footprint along the Arabian Sea.

“We are working hard to establish stronger links with Central Asian states and East African countries, and we can further enhance maritime connectivity with Egypt,” Chaudhry said, adding that Egypt’s success in free zone management provides a model for Pakistan’s own blue economy growth.

The Suez Canal Economic Zone (SCZone) is a 460-square-kilometer industrial and logistics corridor stretching along the canal. Established in 2015, it offers foreign investors tax incentives, streamlined customs procedures, and dedicated infrastructure for manufacturing, shipbuilding, and port services. The model is designed to attract global trade and industry around one of the world’s busiest maritime routes, linking the Red Sea to the Mediterranean.

The minister also proposed establishing “Pakistan Houses” in Africa, Central Asia and Egypt to promote trade, investment, and business partnerships, saying such centers would deepen Pakistan’s commercial engagement with regional markets.

Ambassador Hassan welcomed the proposals and said Egypt would extend technical assistance in developing frameworks for maritime and industrial zones. According to the maritime ministry statement, he praised the competitiveness of Pakistani exports, including spices, pharmaceuticals, leather goods, and rice, and said greater port connectivity could help expand their market reach.

The ministry said working groups from both sides would now draft feasibility studies for port-based free zones and joint industrial ventures. 

The initiative is seen as part of Pakistan’s broader effort to diversify its trade partners and strengthen economic diplomacy through the maritime sector.


Pakistan to launch first hyperspectral satellite from China to boost agriculture, climate mapping

Pakistan to launch first hyperspectral satellite from China to boost agriculture, climate mapping
Updated 15 October 2025

Pakistan to launch first hyperspectral satellite from China to boost agriculture, climate mapping

Pakistan to launch first hyperspectral satellite from China to boost agriculture, climate mapping
  • HS-1 satellite to strengthen Pakistan’s space-based monitoring of agriculture, urban growth and climate resilience
  • SUPARCO says data from the mission will improve crop yield estimates and disaster-response capability across the country

ISLAMABAD: Pakistan’s Space and Upper Atmosphere Research Commission (SUPARCO) on Wednesday announced the launch of the country’s first Hyperspectral Satellite (HS-1) from China’s Jiuquan Satellite Launch Center on October 19, marking what officials described as a major leap in national space and climate-monitoring capability.

The HS-1 mission will capture hundreds of spectral bands across visible and infrared wavelengths to help detect changes in soil, vegetation, water bodies and man-made structures with far greater precision than conventional imaging satellites. Officials say the technology will be applied to improve agricultural productivity, monitor environmental degradation and strengthen early-warning systems for floods and landslides.

SUPARCO said the satellite will provide “detailed insights into crop health, soil moisture and irrigation patterns— enhancing yield estimation by 15–20 percent and contributing significantly to food security.” 

The agency added that HS-1’s sensors would also enable mapping of infrastructure and tracking of urban expansion to support sustainable city planning and land-use management.

“The HS-1 launch represents a transformative milestone in Pakistan’s national space program,” SUPARCO said in its statement. “The mission aligns with the National Space Policy and SUPARCO’s Vision 2047, which aim to position Pakistan at the forefront of space technology and innovation for sustainable national development.”

The new satellite will join Pakistan’s growing remote-sensing fleet, which includes PRSS-1 launched in 2018 and two Earth-observation satellites— EO-1 and KS-1— placed in orbit earlier this year. 

Officials said integrating HS-1 will expand Pakistan’s capacity for disaster assessment, water-resource modelling and climate-change monitoring, while deepening collaboration with China in the civilian space sector.
 


Pakistan’s national polio campaign vaccinates over 25 million children in first two days

Pakistan’s national polio campaign vaccinates over 25 million children in first two days
Updated 15 October 2025

Pakistan’s national polio campaign vaccinates over 25 million children in first two days

Pakistan’s national polio campaign vaccinates over 25 million children in first two days
  • More than 25.4 million children under five vaccinated across Pakistan in first two days of national drive
  • Health officials say goal is to reach over 45 million children by end of the week-long campaign

KARACHI: Pakistan’s nationwide polio immunization campaign continued successfully for a third consecutive day on Wednesday, with more than 25.4 million children under the age of five vaccinated in the first two days, according to the National Emergency Operations Center (NEOC).

The week-long campaign, launched earlier this week, aims to reach over 45 million children across all provinces and territories as part of Pakistan’s ongoing efforts to eradicate the paralytic disease. Pakistan remains one of only two countries in the world where wild poliovirus is still endemic, alongside Afghanistan.

According to the NEOC, 14.3 million children have been vaccinated in Punjab province, 5.02 million in Sindh, 3.77 million in Khyber Pakhtunkhwa, and 1.45 million in Balochistan. In Islamabad, health workers reached over 203,000 children, while 187,000 were vaccinated in Gilgit-Baltistan and 481,000 in Azad Jammu and Kashmir.

“Integrated and sustained efforts are underway to ensure that every eligible child receives the life-saving vaccine,” the NEOC said in a statement. It added that teams are going door-to-door and setting up transit vaccination points nationwide.

The NEOC urged parents to welcome vaccination teams and ensure that all children under five receive the drops, warning that polio “is a dangerous disease that can cause lifelong paralysis.” It emphasized that the campaign’s success depends on active community participation and parental cooperation.

While Pakistan has made major gains since the 1990s when annual cases exceeded 20,000, reducing the toll to eight by 2018, vaccine hesitancy, fueled by misinformation and resistance from some religious hard-liners, continues to undermine efforts.

Pakistan recorded 74 cases in 2024, a sharp rise from six in 2023 and just one in 2021. This year, it has reported 29 polio cases so far, including 18 from Khyber Pakhtunkhwa, nine from Sindh and one each from Punjab and Gilgit-Baltistan.

Polio is a highly infectious and incurable disease that can cause lifelong paralysis. The only effective protection is through repeated doses of the Oral Polio Vaccine for every child under five during each campaign, alongside timely completion of all routine immunizations.

Pakistan’s efforts to eliminate poliovirus have been hampered by parental refusals, widespread misinformation and repeated attacks on anti-polio workers by militant groups. In remote and volatile areas, vaccination teams often operate under police protection, though security personnel themselves have also been targeted and killed in attacks.

On Tuesday, a paramilitary Levies soldier deployed to protect a polio vaccination team was killed in Khyber Pakhtunkhwa province.


Pakistan military says it repelled Afghan Taliban attacks near border

Pakistan military says it repelled Afghan Taliban attacks near border
Updated 15 October 2025

Pakistan military says it repelled Afghan Taliban attacks near border

Pakistan military says it repelled Afghan Taliban attacks near border
  • Pakistani military says militants destroyed Pak-Afghan Friendship Gate and targeted divided villages along border
  • Clashes follow weekend fighting that left at least 23 Pakistani troops dead and Afghan side claiming 58 Pakistani soldiers killed

PESHAWAR: Pakistan’s military said on Wednesday its forces had repelled coordinated attacks by Afghan Taliban fighters at multiple points along their shared border in the Balochistan and Khyber Pakhtunkhwa provinces, accusing Kabul’s forces of destroying a key trade gate and endangering civilians.

The clashes came days after some of the heaviest cross-border fighting in recent years, in which Pakistan said 23 of its soldiers were killed while Afghan authorities claimed to have killed 58 Pakistani troops. The escalation has strained already frayed ties, coming as Afghanistan’s foreign minister visited archrival India. Pakistan views New Delhi’s growing influence in Afghanistan as a regional security threat, given their own long-standing rivalry.

Relations between Islamabad and Kabul have deteriorated sharply since 2021, when the Taliban returned to power in Afghanistan. Hopes for cooperation soon gave way to distrust as cross-border militancy surged, particularly in Pakistan’s northwestern Khyber Pakhtunkhwa province.

Pakistan says the Afghan Taliban are sheltering fighters from the banned Tehreek-e-Taliban Pakistan (TTP) and allowing them to stage cross-border attacks from Afghanistan. Kabul denies the allegation, saying it does not permit its territory to be used against other countries.

“The Afghan Taliban resorted to cowardly attack at four locations in Spin Boldak area of Balochistan. The attack was effectively repulsed by Pakistani Forces,” the Inter-Services Public Relations (ISPR), the military’s media wing, said in a statement. 

It said militants destroyed the Pak-Afghan Friendship Gate on their side, a symbolic port of entry infrastructure built to facilitate bilateral trade and regulated crossings, undermining formal border control, and launched assaults that penetrated villages split by the frontier, disregarding civilian safety.

The military said the attacks were coordinated with members of “Fitna Al-Khawarij,” a term Pakistan uses for militants linked to the TTP and which Pakistan says are backed by Afghanistan and India. Both deny the charge. 

The ISPR said 15–20 Afghan Taliban fighters were killed in Spin Boldak and another 25–30 in Kurram district, where Pakistani troops destroyed eight Taliban posts and six tanks in what it called a “proportionate response.”

Earlier on Wednesday, the Kabul government said 15 civilians were killed and dozens wounded in fresh clashes on the border between Afghanistan and Pakistan.

“The insinuations that the attack was initiated by Pakistan are outrageous and blatant lies, just like the claims of capturing Pakistani posts or equipment,” the ISPR said, calling Taliban statements “propaganda … debunked with basic fact checks.” 

It added: “The Armed Forces stand resolute and fully prepared to defend the sovereignty and territorial integrity of Pakistan. All acts of aggression against Pakistan will be responded to with full force.”

Cross-border trade remained suspended on Wednesday as officials on both sides confirmed military reinforcements had been deployed around Chaman and Spin Boldak. 

Tensions between the two nations have also worsened since 2023 when Pakistan began deporting hundreds of thousands of undocumented Afghans, a move it said was necessary to curb terrorism and smuggling. By 2025, more than 800,000 Afghans had been repatriated or forced out, according to government figures.

India’s deepening engagement with the Taliban, including reopening its Kabul embassy last week, has further heightened Islamabad’s concerns. 

Regional powers, including Ƶ, have called for restraint and renewed dialogue to prevent the escalating hostilities from destabilizing South Asia.