Issuu

In partnership with

Profit

Wednesday, 16 September, 2026 | 3 Rabiul Sani, 1448

Rs 20.00 | Vol XVII No 172 | 8 Pages | Islamabad Edition

PAKISTAN, LEBANON AGREE TO DEEPEN SECURITY COOPERATION, INTELLIGENCE SHARING g

INTERIOR MINISTER NAQVI, AL-HAJJAR DISCUSS COUNTERTERRORISM, NARCOTICS, IMMIGRATION AND CYBERCRIME

P g

BOTH LEADERS AGREE TO SIGN MOU BETWEEN INTERIOR MINISTRIES OF BOTH COUNTRIES TO PROMOTE MUTUAL COOPERATION

DECIDE TO APPOINT FOCAL PERSONS FOR STRONGER BILATERAL COORDINATION ISLAMABAD

SALEEM JADOON

AKISTAN and Lebanon on Tuesday agreed to further strengthen cooperation in security, counterterrorism, anti-narcotics efforts, immigration management and cybercrime prevention, with Federal Interior Minister Mohsin Naqvi and Lebanese Interior Minister Ahmad Al-Hajjar holding detailed talks on enhancing coordination between their interior ministries. Lebanese Interior Minister Ahmad AlHajjar arrived at the Ministry of Interior, where he was received by Federal Interior Minister Mohsin Naqvi. The two ministers first held a one-on-one meeting, followed by delegation-level talks attended by senior officials from both countries.

During the discussions, the two sides reviewed ways to expand cooperation in security-related fields, including counterterrorism, anti-narcotics operations, efforts against illegal immigration, antimoney laundering measures and cyber-

Pakistan, Lebanon agree to deepen security cooperation ISLAMABAD

STAFF CORRESPONDENT

Pakistan and Lebanon on Tuesday agreed to strengthen cooperation in internal security, intelligence sharing, counter-terrorism and law enforcement, as Deputy Prime Minister and Foreign Minister Ishaq Dar reaffirmed Islamabad’s steadfast support for Lebanon’s sovereignty, unity and territorial integrity. Mr Dar conveyed the commitment during a meeting with Lebanese Inte-

rior Minister Ahmad Al-Hajjar at the Foreign Office, where the two sides also discussed bilateral relations and regional and international developments of mutual interest. According to the Foreign Office, the two ministers expressed a desire to further expand bilateral ties, particularly in law enforcement and people-to-people contacts. They welcomed the signing of an agreement on the Transfer of Sentenced Persons, describing it as an important milestone in bilateral legal cooperation.

CONTINUED ON PAGE 03

crime prevention. They also discussed strengthening collaboration between police academies and training institutions through joint programmes and professional exchanges. The meeting also featured an ex-

change of views on the regional situation and Pakistan’s efforts for sustainable peace in the region. Both ministers stressed the importance of closer coordination to address shared security challenges and strengthen cooperation between relevant institutions. Minister of State for Interior Talal Chaudhry, the Federal Interior Secretary, the Chairman of NADRA, the Director General of FIA, the Director General of ANF, the Inspector General of Federal Constabulary, the National Coordinator of NACTA, the Director General of Passports and Immigration, the Chief Commissioner Islamabad, the Inspector General of Islamabad Police, the Director General of the National Forensic Agency, special secretaries, additional secretaries and other senior officials attended the meeting.

CONTINUED ON PAGE 03

Pakistan, Indonesia navies agree to enhance maritime cooperation ISLAMABAD

STAFF REPORT

Chief of the Indonesian Navy Admiral Dr Muhammad Ali called on Chief of the Naval Staff Admiral Naveed Ashraf at Naval Headquarters on Monday, with the two sides discussing regional maritime security and ways to further strengthen bilateral naval cooperation. On arrival at Naval Headquarters, Admiral Dr Muhammad Ali was presented a Guard of Honour and laid a floral wreath at the Shuhada

Monument. During the meeting, the naval chiefs exchanged views on matters of mutual interest, regional maritime security and bilateral cooperation. Both sides reaffirmed their resolve to enhance collaboration through training programmes, reciprocal visits and joint naval exercises. The visiting dignitary appreciated the Pakistan Navy’s efforts towards promoting maritime security and stability in the region.

CONTINUED ON PAGE 03

Dar pushes Pakistan-US engagement, Islamabad MoU implementation to defuse tensions ISLAMABAD

STAFF REPORT

Deputy Prime Minister and Foreign Minister Ishaq Dar on Tuesday appreciated the positive trajectory in Pakistan-US relations and stressed the need for regular engagement on issues of mutual interest during a call on by US Chargé d’Affaires Natalie A. Baker, according to the Foreign Office (FO). In a statement on X, the FO said the meeting focused on Pakistan-US bilateral cooperation and recent regional developments. The deputy prime minister underscored the importance of dialogue and diplomacy for lasting peace. Referring to the upcoming 81st Session of the United Nations General Assembly in New York, the DPM/FM noted that Pakistan’s delegation would be led by the prime minister. DPM, IAEA DG stress implementation of Islamabad MoU to defuse tensions Meanwhile, Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar spoke with Ambassador Rafael Grossi, Director General of the International Atomic Energy Agency (IAEA) and candidate for United Nations Secretary-General, according to the Foreign Office. During the telephonic discussion late Monday night, the two discussed the evolving regional situation and agreed that implementation of the Islamabad MoU between the United States and Iran remained the best course of action to defuse tensions, the FO said in a post on X. Ambassador Grossi offered technical support should the need arise during the call.

CONTINUED ON PAGE 03

02 NEWS

GEELY TO ENTER PAKISTAN WITH THREE SUVS AS BESTWAY BETS ON LOCAL ASSEMBLY

LAHORE

Profit rePort

EELY, the world’s eighth-largest automaker by total sales in 2025, is preparing to enter Pakistan with three SUVs through Bestway Automotive, bringing together one of China’s largest car manufacturers and one of Pakistan’s most diversified business groups. The initial line-up will comprise a large hybrid SUV, an electric SUV and a compact electric SUV. The company has yet to reveal their names, specifications or prices, but plans to formally unveil the vehicles soon and begin accepting bookings before the end of 2026. The vehicles will initially arrive as completely built units, allowing Bestway Automotive to introduce the brand without waiting for local production to begin. The company nevertheless says importing finished vehicles is only the first stage of a broader investment plan centred on local assembly. Bestway has acquired an automotive assembly plant at Port Qasim, Karachi, which it intends to use for Geely vehicles. According to the group, it purchased the facility even before finalising its agreement with Geely, signalling that its move into Pakistan’s automotive industry was not contingent on securing a single distribution arrangement. Muhammad Irfan Anwar Sheikh, Group Managing Director of Bestway Group’s non-banking businesses in Pakistan, described the partnership as an extension of the group’s existing investment footprint. “For us, this partnership is a long-term commitment to Pakistan. Bestway Group has been investing in and building businesses here for decades, across sectors including cement and banking,” he said during a media meeting in Lahore. The Bestway Group is the largest cement manufacturer in

Govt allows 200,000tonne sugar export; mills demand quota be raised to 1 million tonnes

BOOKINGS FOR CBU UNITS WILL OPEN BEFORE YEAR-END FOR ONE HYBRID AND TWO ELECTRIC SUVS, WITH EVENTUAL PLAN TO TARGET LOCAL ASSEMBLY PLANNED AT PORT QASIM FACILITY

Pakistan with over 15 million tonnes of production capacity. The group also owns United Bank Limited (UBL), the largest bank in Pakistan by deposits. “That experience and track record provide reassurance to our stakeholders, partners and customers that we are here to build for the long term. With Geely, we are bringing together that local strength and experience with the technology, safety and global capabilities of a major automotive manufacturer,” Sheikh said. The early use of imported vehicles gives Geely a relatively quick route into the market, but it also makes pricing particularly important. Completely built imports generally face greater exposure to duties and exchange-rate movements, while buyers entering a new brand must also assess parts availability, warranties, maintenance and resale prospects. That makes Bestway’s localisation plan central to the commercial case rather than merely a future expansion option. At the media meeting, Sheikh said Pakistan’s growing range of automotive choices would eventually saturate the market and lead to a survival-of-thefittest contest in which lower costs would become critical. Localisation, he argued, would be necessary to reach those costs. No timetable has yet been disclosed for the transition from imported vehicles to local assembly. Nor has Bestway specified its planned production capacity, targeted level of local content or the investment required to prepare the Port Qasim plant for Geely models.

BESTWAY’S LOCAL WEIGHT MEETS GEELY’S GLOBAL SCALE: The Bestway Group was founded by Sir Anwar Per-

vez in 1976 and is headquartered in London. What began as a convenience-store business in the United Kingdom has grown into a multinational conglomerate operating across wholesale, healthcare, cement, banking, insurance, food processing, property, packaging, renewable technology, consultancy and automotive ventures. The group reports annual turnover of $7.9 billion, a workforce of more than 63,000 people and a customer base exceeding 12 million across the United Kingdom, Pakistan and the Middle East. Its principal interests in Pakistan include Bestway Cement and United Bank Limited. The group also has operations in general insurance, rice processing, packaging and renewable-energy services. The group describes itself as Pakistan’s largest overseas investor. Sir Anwar currently serves as Founder and Chairman Emeritus, while Lord Zameer Mohammed Choudrey is Chairman of Bestway Group. Bestway Automotive, the subsidiary leading the Geely venture, became the Chinese manufacturer’s sole authorised distributor and official representative in Pakistan after the two sides signed their partnership agreement at Geely’s headquarters in Hangzhou in June 2026. Bestway’s size gives the new venture financial backing and local corporate experience that many automotive entrants must build from scratch. Its presence in banking, manufacturing and other regulated industries could also help it navigate financing, supply-chain development and large-scale investment. But those advantages will not automatically translate into automotive market share. Vehicle distribution depends on a specialised dealer network, trained technicians,

reliable parts inventories and consistent after-sales support. Bestway Automotive says its plans extend beyond selling vehicles to developing these capabilities, but the strength and reach of that network will only become clear closer to launch. One positive sign is that the group is planning to run at least some of the dealership network itself. Geely, meanwhile, brings considerably greater automotive scale. Zhejiang Geely Holding Group was founded in 1986 and entered vehicle manufacturing in 1997. Headquartered in Hangzhou, it operates vehicle, battery and powertrain manufacturing facilities alongside businesses in mobility technology, smartphones and satellites. The group sold 3.02 million vehicles globally in 2025, an increase of 39% over the preceding year, according to figures in the media kit. New-energy vehicle sales reached 1.69 million units after growing 90%, meaning electrified vehicles accounted for more than half of its annual volume. Geely reported 420,000 overseas vehicle sales during the year, including more than 120,000 new-energy vehicles. By yearend, it had entered 13 additional markets and built a network covering 88 countries and regions through more than 1,200 outlets. Its wider automotive portfolio includes brands that Geely owns, controls or has strategically invested in, among them Volvo, Lotus, Aston Martin, Smart, Zeekr, Lynk & Co, Proton and Polestar. It also has interests spanning commercial vehicles, London electric taxis and motorcycle brands. The group says it has invested more than $37.3 billion in research and development over the past decade. Its work covers elec-

PTA orders Ufone operator to stop new ONIC sales activations over MVNO license requirements g

PROFIT

REGULATOR SETTLES THE DEBATE IT STARTED BEFORE EVEN A SINGLE ONIC SIM HAD BEEN SOLD, AND IT MAY NOT BE AS BAD FOR PTML PROFIT REPORT

Web Desk

NeWs Desk

The Economic Coordination Committee (ECC) of the cabinet approved the export of 200,000 tonnes of surplus sugar with safeguards to maintain domestic price stability, but the sugar industry rejected the quota as insufficient and demanded permission to export at least one million tonnes. The National Food Security & Research Division submitted a summary seeking permission for the export of 200,000 metric tonnes of surplus sugar. The ECC approved the recommendations of the Steering Committee on Sugar, including appropriate safeguards to maintain price stability in the domestic market. However, the Pakistan Sugar Mills Association (PSMA) said all sugar industry members who participated in Monday’s Sugar Advisory Board meeting rejected the government’s decision to restrict exports to 200,000 tonnes. The industry argued that the country had sugar stocks exceeding approximately 2.6 million tonnes as of August 31, 2026. According to the association, average monthly sugar consumption stands at 560,096 tonnes, while approximately 1.4 million tonnes will be required to meet domestic requirements during the remaining two and a half months until November 15, 2026. On this basis, the industry estimates that Pakistan will enter the upcoming 2026-27 crushing season with a surplus of approximately 1.25 million tonnes. The association estimated the export value of this surplus at $600-700 million based on current international market rates. It further expects another record sugarcane crop during the 2026-27 crushing season, with sugar production projected to exceed 8 million tonnes. The PSMA said industry participants considered the government’s export quota insufficient and called for the immediate export of at least one million tonnes of sugar. The association argued that restricting exports would adversely affect sugarcane growers and the industry while depriving the country of substantial foreign exchange earnings.Industry representatives also expressed concern that the Ministry of National Food Security had rejected data provided by sugar mills and had not adequately heard their point of view. The members further claimed that the government had shut down FBR portals to facilitate the sale of government-imported sugar, which they said drove up prices, and that the portals were reopened only after sugar prices declined.

In an order passed by the Pakistan Telecommunication Authority, Pak Telecom Mobile Limited (PTML), the licensee that operates Ufone, has been asked to immediately cease new sales, activations, SIM and eSIM issuance, subscriptions and marketing of ONIC. The regulator has concluded that ONIC, as currently structured, falls within the Mobile Virtual Network Operator (MVNO) framework, and that PTML has been running it without the licence such an operation requires. Three years after Profit first asked whether Pakistan's flashiest "digital brand" was really a mobile virtual network operator, the answer has arrived from the regulator itself. The existing ONIC customers are not being cut off. They get three months from the receipt of the order to be migrated or trans-

ferred over to PTML. But the PTA was explicit that this window exists only to protect people already on the network. It is not a grace period in which ONIC can keep signing up new ones. PTML now has seven working days to file a comprehensive compliance report confirming that the operations covered by the order have stopped and detailing what it has done to comply. Beyond that, it has exactly two paths. It can strip ONIC back down into an unambiguous PTML product. A brand, in the way "Ufone 5G" is a brand, or by removing the features that make it look like an independently operated business. Or it can keep the structure it has built and go get an MVNO licence for it. One would think that PTML lost this “case”. But the MVNO license that used to be worth $5 million, back when this case started is now a fraction of the cost, at $140,000. So who exactly won?

To find out, we need to understand the basics of this debate.

WHAT IS THE DIFFERENCE?: Many would wonder what differentiates the two, and they would be right. In September 2023, when ONIC was weeks old and its billboards were still a mystery, Profit ran a feature asking what exactly the thing was. The question was not academic even then. In fact, an executive at ONIC had described his own job on LinkedIn and upon asking, as "Building Pakistan's First MVNO." The PTA, at the time, responding to a wave of speculation that a new telecom company had been licensed in Pakistan, had issued a press release clarifying that ONIC was no such thing. It was, in fact, in the regulator's words at the time, a "new digital product, to cater for the digital segment of the market who prefer convenient digital engagement instead of traditional service delivery."

Pakistan's forex reserves hit record $21.4 billion, surpassing June 2027 target nine months early g

FIELD FORMATIONS BARRED FROM INITIATING FRESH ASSESSMENT PROCEEDINGS UNLESS CASES ARE SELECTED AND ASSIGNED THROUGH COMPLIANCE RISK MANAGEMENT SYSTEM PROFIT

Web Desk

The State Bank of Pakistan’s (SBP) foreign exchange reserves have climbed to a record $21.4 billion, driven by proceeds from a $3 billion Eurobond and continued purchases from the interbank market, surpassing the central bank’s $21 billion target for June 2027 almost nine months ahead of schedule. The latest level also exceeds the previous reserve peak of $20.1 billion recorded in August 2021 and the SBP’s own December 2026 target of $20.2 billion, which has been achieved a full quarter early. “The issuance of Eurobonds in September, along with significant FX purchases by the SBP, helped [the bank’s] FX reserves to increase to $21.4 billion,” the central bank said in its statement follow-

ing Monday’s monetary policy meeting. The increase marks a rise from the $18.33 billion in reserves held by the SBP as of September 4, 2026. The central bank also expects resilient workers’ remittances and higher information and communication technology (ICT) exports to help keep the current account deficit within 0-1% of GDP during FY27. However, the SBP cautioned that its external-sector outlook remained vulnerable to elevated global commodity prices and supplyside constraints as developments in the Middle East continued to unfold. Pakistan faces total external debt repayments of $21.5 billion during FY27, including principal and interest. Around $11 billion is net repayable after accounting for expected rollovers and refinancing. SBP Governor Jameel

Ahmad told analysts that the central bank had already repaid around $3.5 billion, leaving approximately $7.5 billion in net external debt repayments for the remainder of FY27. Meanwhile, the SBP expects workers’ remittances to exceed its $44 billion target for FY27 following strong growth during the first two months of the fiscal year. Ahmad said a new incentive scheme aimed at encouraging remittances through formal banking channels was expected to be launched early next month. The scheme will be funded and administered by commercial banks without fiscal support from the government, making it fiscally neutral. The central bank also expects Pakistan’s exports to rise slightly above $32 billion during FY27, providing further support to the country’s external position.

trification, hybrid powertrains, connectivity, vehicle safety and intelligent mobility— areas that will form the centre of its pitch to Pakistani consumers.

ENTERING AN INCREASINGLY CROWDED MARKET: Geely is arriving in a Pakistani car market that offers far more choice than it did only a few years ago. New brands and distribution partnerships have expanded the field, particularly in the crossover and SUV categories, where companies have introduced conventional, hybrid and fully electric powertrains. Electrification has added another layer to that competition. Hybrids offer buyers a way to reduce fuel consumption without depending on public charging infrastructure or changing established driving habits. Fully electric vehicles can offer lower running and maintenance costs, but their appeal depends more heavily on purchase price, charging access, range, battery support and eventual resale value. The result is a market in which buyers increasingly compare not only engine size and price but also battery range, fuel savings, safety equipment, connectivity, software and after-sales guarantees. This plays to Geely’s strengths in new-energy technology, but it also places the company in one of the most competitive portions of the market. More choice does not necessarily mean the overall pool of buyers will expand at the same pace. As additional brands chase a finite number of customers, sales volumes can become fragmented and weaker players may struggle to sustain dealer operations, parts inventories and competitive prices. That is the saturation Sheikh expects eventually to force consolidation. The winners are likely to be manufacturers and distributors able to combine attractive products with lower costs, reliable service and enough sales volume to keep their local operations viable.

Senate panel seeks audit over Pak Datacom’s transfer of govt data to UAEbased satellite firm

Committee raises security concerns over use of YaSat infrastructure, recommends NTISB audit; also seeks details of around $800m owed by Etisalat over PTCL privatisation PROFIT

MoNitoriNg rePort

The Senate Standing Committee on Information Technology and Telecommunication has raised national security concerns over Pak Datacom’s transfer of government data to a UAE-based satellite company and recommended an audit of the arrangement by the National Telecom and Information Security Board (NTISB). During its meeting on Monday, members questioned whether the required permissions and security safeguards were in place before the data was moved to foreign satellite infrastructure. Pak Datacom’s General Manager told the committee that permission had been obtained from all concerned government entities before the transfer. Officials said limitations in Pakistan’s national spectrum capacity prompted the move to YaSat, a UAE-based satellite company with majority UAE government shareholding. The committee, however, sought an independent assessment of whether the arrangement met security, regulatory and procedural requirements. Pak Datacom’s former chief executive also warned that transferring government data through a foreign satellite could create security vulnerabilities. The committee recommended that NTISB audit the arrangement and stressed that clients should be informed about the use of foreign satellite infrastructure. Separately, the panel sought details of around $800 million reportedly owed by Etisalat in connection with PTCL’s privatisation. The Secretary of the Ministry of IT and Telecommunication said a nondisclosure agreement prevented certain details from being shared. The chairperson directed the ministry to devise a mechanism for providing the required information to the committee while protecting the confidentiality provisions of the agreement with the UAE side. The committee also discussed employees terminated by Pak Datacom. Officials said the matter was sub judice before the relevant National Industrial Relations Commission bench, while the chairperson urged consideration of a favourable approach within the legal framework until a final decision.

PSX rebounds over 1,400 points as investors look past regional tensions PROFIT

NeWs Desk

Bulls returned to the Pakistan Stock Exchange (PSX) on Tuesday as clarity over the SBP’s policy rate and rising forex reserves helped investors look past regional tensions, even as attacks on Saudi energy infrastructure kept the kingdom’s East-West pipeline offline and supply risks in the Gulf elevated. According to the PSX website, the market opened on a bullish note, with the benchmark KSE-100 Index climbing as much as 2,017.46 points during early trade to an intraday high of 169,988.12. As the session progressed, the

BENCHMARK KSE-100 CLOSES AT 169,392.32, GAINING 0.85% FROM PREVIOUS SESSION

market remained in positive territory. Buying was observed across key sectors, including automobile assemblers, cable and electrical goods, cement, commercial banks, engineering, fertiliser, oil and gas exploration companies, oil marketing companies, power generation and distribution, and refineries. At close, the index settled at 169,392.32, up by 1421.67 points or 0.85% from the previous close. Buying returned after the State Bank of Pakistan (SBP) decided to keep the policy rate unchanged at 11.5% at its September 14

meeting, citing the recent intensification of the prolonged Middle East conflict, which had pushed already elevated global commodity prices higher while supply-chain disruptions persisted. The Monetary Policy Committee (MPC) noted that recent domestic macroeconomic data remained broadly in line with its expectations. Headline inflation rose to 11.1% year-on-year in August from 9.2% in July, while core inflation came in slightly below expectations. Investor sentiment was also supported

by an improvement in the country’s external position, with the SBP’s foreign exchange reserves climbing to a record $21.4 billion. The increase, driven by proceeds from a $3 billion Eurobond and continued interbank market purchases, pushed reserves above the central bank’s $21 billion target for June 2027 almost nine months ahead of schedule. Globally, bonds slumped on Tuesday, sending benchmark 10-year U.S. Treasury yields to their highest since 2007, as higher oil prices unsettled investors ahead of key

Wednesday, 16 September, 2026 | ISLAMABAD

central bank meetings in the U.S. and Japan. Asian equities extended losses from the previous session after leading figures in the artificial intelligence industry called for a slowdown in AI development. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.8%, led by a 1.18% decline in South Korea. Taiwan’s market dropped 0.43%, while Japan’s Nikkei lost 0.32% after fluctuating between gains and losses. US President Donald Trump played down concerns over the potential misuse of AI, saying existing US safeguards were sufficient and that doubts surrounding the technology’s development would benefit China.

NEWS 03

GOVT WAIVES SMS CHARGES FOR FUEL RELIEF SCHEME REGISTRATION

Saturday, 16 September, 2026 | ISLAMABAD

PROFIT

STAFF REPORT

RIME Minister Shehbaz Sharif on Monday ordered that SMS charges for registration under the government’s fuel relief scheme be waived, removing a cost barrier for applicants seeking petrol subsidies. The prime minister chaired the meeting to review progress on the PM Special Relief Scheme. The directive came as more than 600,000 SMS messages had been received in the Islamabad region by Monday afternoon, with 42,933 applicants successfully registered for the scheme, officials told a high-level meeting chaired by the prime minister.

The scheme, aimed at providing relief to low-income and middle-class people facing higher petrol prices amid the situation in the Gulf, covers owners of motorcycles, rickshaws and vehicles up to 800cc. The prime minister ordered the launch of the scheme in Islamabad in the early hours of Tuesday (September 15). Eligible motorists across the country, including Azad Jammu and Kashmir (AJK) and GilgitBaltistan, will be able to avail themselves of the petrol relief from the night of September 16-17. Sharif also directed the Islamabad administration, including the chief commissioner and inspector general, to remain present in the field and guide citizens through the registration process. He ordered the mobilisation of public representatives and volunteers across the

country to assist people with registration and other formalities, while directing the government to run an extensive awareness campaign through print, electronic, digital and social media. According to officials, registration requires only four pieces of information: the applicant’s CNIC number, vehicle number plate, province of registration and vehicle registration date. The meeting was attended by Deputy Prime Minister and Foreign Minister Ishaq Dar, Finance Minister Muhammad Aurangzeb, Economic Affairs Minister Ahad Cheema, Information Minister Attaullah Tarar, Petroleum Ali Pervez Malik, IT Minister Shaza Fatima Khawaja, Minister of State for Finance Bilal Kayani, Special Assistant Tariq Bajwa and senior officials of relevant institutions.

Pakistan LNG demand could rebound as global supplies rise, prices ease PROFIT STAFF REPORT

Pakistan’s LNG demand could recover as additional global supply comes online and prices retreat from levels reached following disruptions to Middle Eastern exports, Pakistan LNG CEO Masood Nabi said. Asian spot LNG prices have risen to nearly $30 per million British thermal units (MMBtu), roughly three times the pre-war level of around $10, after the USIran conflict disrupted shipments from Qatar and the United Arab Emirates. Shell estimates the disruption has removed around 36 million tonnes of Middle Eastern LNG from the global market so far this year. Qatar and the UAE have been unable to export most of their LNG through the Strait of Hormuz, which previously handled around one-fifth of global LNG supplies. The resulting price surge has

weakened demand across Pakistan, India and China and pushed some gas consumers towards alternative fuels, including coal and oil. Nabi said Pakistan could see demand return if prices become more affordable as new LNG volumes enter the market. Despite increased solar deployment in the power sector, demand for gas remains among households and other parts of the economy, he added.

Pakistan eyes new markets, sectors in push to widen exports PROFIT

STAFF REPORT

Pakistan is seeking new trade arrangements and a broader range of export products as the government looks to reduce reliance on traditional sectors and increase the country’s presence in international markets. Prime Minister Shehbaz Sharif on Tuesday directed authorities to make export growth a central part of the government’s economic strategy, while removing regulatory and administrative hurdles faced by exporters. At a meeting reviewing the government’s export strategy, officials said efforts were under way to negotiate free trade agreements and preferential trade arrangements with friendly countries to secure greater market access for Pakistani products. Horticulture is also being targeted for inclusion in the country’s export basket, while the government is seeking to increase exports of surgical and medical equipment by encouraging Pakistani companies to compete for international hospital tenders and procurement contracts. The meeting reviewed progress on an approved export promotion roadmap, including plans to enter new markets, diversify exports and improve the competitiveness of Pakistani products. Shehbaz called for export procedures to be made simpler, faster and more transparent and directed authorities to address administrative and business-related obstacles faced by exporters. He also sought greater value addition in locally produced goods and stronger quality assurance to ensure products meet international standards and regulatory requirements. Export-oriented industries were directed to increase investment in research, innovation and modern technology, alongside greater adoption of digital and emerging technologies. Officials said TEXPO, FoodAg, Health Engineering and Minerals Show exhibitions were being organised to connect Pakistani businesses with foreign companies and buyers. The government has also completed restructuring of the Export Development Fund, while further measures are being pursued through the fund to support businesses. Separately, work is under way to modernise intellectual property laws as part of efforts to encourage innovation in export industries.

The impact has also been felt in India, where price-sensitive industries have switched fuels when gas became uneconomical. GAIL Chairman Deepak Gupta said India initially restricted gas consumption but has since restored supplies to around 90% to 95% after increasing purchases from alternative sources. GAIL and PetroChina have sought replacement cargoes to offset disrupted Qatari and Emirati supplies.

Industry executives expect the decline in Asian LNG consumption to prove temporary if prices fall as supply conditions improve. Around 150 million to 200 million tonnes of additional LNG supply could enter the global market over the next four to five years, according to Gupta. PetroChina International CEO Luo Yizhou said gas-fired power demand could recover once LNG prices return to a range of $7 to $9 per MMBtu.

APAG debuts on PSX after IPO draws nearly twice the shares on oﬀer PROFIT STAFF REPORT

Agro Processors & Atmospheric Gases Limited (APAG), maker of Soya Supreme cooking oil and banaspati, was listed on the Pakistan Stock Exchange (PSX) on Tuesday after its initial public offering drew demand of nearly twice the shares offered. The company offered 58.049 million ordinary shares, representing 15% of its post-IPO paid-up capital. Of the total issue, 43.537 million shares were allocated to the book-building portion, which was subscribed 1.84 times. The shares were offered within a price band of Rs32 to Rs44.80, with the strike price determined at Rs33 per share. The retail portion was subscribed 1.83 times, receiving applications worth Rs878 million against Rs479 million worth of shares available to the general public.

APAG became the 12th company listed on the PSX during the calendar year and the fourth during the current fiscal year, PSX Shareholder Director Ahmed Chinoy said at the listing ceremony. He said the offering attracted institutional as well as retail investors, while the number of investor accounts in the country's capital market had surpassed 630,000. PAG has been operating for 45 years and has a food portfolio spanning cooking oils, banaspati, sauces and margarine. Its brands include Soya Supreme, Malta, Smart Sauces, Supremo and Taqat Margarine. Chief Executive Ahmad Aziz Ghulamhussain said the company plans to expand its product portfolio, strengthen existing brands and enter new markets. KTrade Securities Managing Director Omar Salah Ahmed said the listing added APAG to the food sector represented on the PSX. The listing was marked by a gong ceremony at the stock exchange's headquarters.

Pakistan, Lebanon agree to deepen security cooperation, intelligence sharing CONTINUD FROM PAGE 01

PAKISTAN, LEBANON AGREE TO MOVE FORWARD WITH MOU SIGNING

Pakistan and Lebanon agreed to move forward with the signing of a Memorandum of Understanding (MoU) between their interior ministries to promote mutual cooperation. The two sides also decided to appoint focal persons to improve bilateral coordination and facilitate communication between concerned departments. The ministers agreed to intelligence sharing to support efforts against terrorist groups, drug traf-

ficking networks and other security threats. They also decided to ensure full implementation of the existing Memorandum of Understanding in the field of narcotics control. COMMITMENT TO FURTHER STRENGTHEN BILATERAL RELATIONS Both sides reaffirmed their commitment to further strengthening bilateral relations and expanding cooperation in areas of mutual interest. The meeting also included discussions on providing visa-free entry facilities for holders of diplomatic and official passports of both countries. Speaking on the occasion, Mohsin Naqvi expressed hope that

the Lebanese minister’s visit would open new avenues of cooperation and further strengthen ties between the two countries. Lebanese Interior Minister Ahmad Al-Hajjar thanked Pakistan for the hospitality extended to him during his visit. He described Pakistan as a brotherly country and said Lebanon was keen to advance cooperation in areas of shared interest, particularly internal security. He said both countries could benefit from each other’s experiences and expertise in addressing common challenges. Lebanese Interior Minister visits Pakistan Monument, Islamabad Police Lines

Dar pushes Pakistan-US engagement, Islamabad MoU implementation to defuse tensions CONTINUED FROM PAGE 01

DPM Dar reaffirmed Pakistan’s enduring commitment to advancing the purposes and principles of the UN Charter and respecting international law and treaties. He also highlighted the crucial importance of the UN system in realising the global peace and development agenda and wished Ambassador Grossi well in his campaign for the office of UNSG. 24-HOUR SETTLEMENT FOR FUEL STATIONS, SMOOTH RELIEF DELIVERY In a related development, DPM/FM Ishaq Dar on Tuesday directed that payments to fuel stations be settled within 24 hours through the State Bank of Pakistan and instructed provinces to complete district-level outreach to ensure seamless delivery of relief to intended beneficiaries. The deputy prime minister chaired the 9th meeting of the National Steering Committee on Fuel Subsidy to review the nationwide roll-out of the Prime Minister’s Special Relief Scheme, a DPM’s Office news release said. Following the successful Islamabad pilot, the committee finalised arrangements for the nationwide launch. The scheme covers motorcycles, three-wheelers and vehicles up to 800cc, including loaders and pick-ups, with the entire cost borne by the Federal Government. Registration is now open nationwide through SMS to 9771. Redemption of fuel tokens will commence at midnight between Wednesday and Thursday. The meeting was attended by the Minister for Economic Affairs, Minister for Information and Broadcasting, Minister for IT and Telecommunication, SAPM Tariq Bajwa, Federal Secretaries of Petroleum and IT and Telecommunication; Chairman OGRA; Chairman PTA; Chief Secretaries of Khyber Pakhtunkhwa and Balochistan; Additional Chief Secretaries of Punjab and AJ&K; and senior officials from Gilgit-Baltistan, ICT and other federal and provincial departments.

Pakistan, Indonesia navies agree to enhance maritime cooperation CONTINUED FROM PAGE 01

During his visit to Karachi, Admiral Dr Muhammad Ali also interacted with Pakistan Navy field commanders and visited the Pakistan Navy Fleet Unit and the Joint Maritime Information Coordination Centre (JMICC). He also visited the Managing Director of Karachi Shipyard & Engineering Works during his engagements in the port city. The visit is expected to contribute to further strengthening defence and naval ties between Pakistan and Indonesia, particularly through enhanced professional exchanges, joint training and maritime cooperation

Former KFC chief Sabir Sami joins Chipotle board PROFIT

STAFF REPORT

Pakistani-origin former KFC chief executive Sabir Sami has been appointed to the board of US restaurant chain Chipotle Mexican Grill, effective immediately. The appointment takes Chipotle’s board to 11 members, including 10 independent directors, the company said on Monday. Sami headed KFC globally from January 2022 to February 2025, with responsibility for the restaurant chain’s strategy and performance. He reported directly to the chief executive of KFC parent Yum! Brands.

Pakistan, Lebanon agree to deepen security cooperation, intelligence sharing CONTINUED FROM PAGE 01

PAKISTAN, LEBANON AGREE TO MOVE FORWARD WITH MOU SIGNING Pakistan and Lebanon agreed to move forward with the signing of a Memorandum of Understanding (MoU) between their interior ministries to promote mutual cooperation. The two sides also decided to appoint focal persons to improve bilateral coordination and facilitate communication between concerned departments. The ministers agreed to intelligence sharing to support efforts against terrorist groups, drug trafficking networks and other security threats. They also decided to ensure full implementation of the existing Memorandum of Understanding in the field of nar-

cotics control. COMMITMENT TO FURTHER STRENGTHEN BILATERAL RELATIONS Both sides reaffirmed their commitment to further strengthening bilateral relations and expanding cooperation in areas of mutual interest. The meeting also included discussions on providing visa-free entry facilities for holders of diplomatic and official passports of both countries. Speaking on the occasion, Mohsin Naqvi expressed hope that the Lebanese minister’s visit would open new avenues of cooperation and further strengthen ties between the two countries. Lebanese Interior Minister Ahmad AlHajjar thanked Pakistan for the hospitality extended to him during his visit. He de-

scribed Pakistan as a brotherly country and said Lebanon was keen to advance cooperation in areas of shared interest, particularly internal security. He said both countries could benefit from each other’s experiences and expertise in addressing common challenges. Lebanese Interior Minister visits Pakistan Monument, Islamabad Police Lines Earlier, Lebanese Interior Minister Ahmad Al-Hajjar, accompanied by Minister of State for Interior Talal Chaudhry, visited the Pakistan Monument and Islamabad Police Lines during his official visit to Pakistan. The visit included ceremonial events, briefings on national heritage and an inspection of Islamabad Police personnel. Upon his arrival at the Pakistan Monument, the Lebanese interior minister was

presented a guard of honour by a contingent of the Federal Constabulary. He later visited the Martyrs’ Memorial, where he laid a floral wreath and offered prayers in tribute to those who sacrificed their lives in the line of duty. During the visit, Ahmad Al-Hajjar was given a detailed briefing on the historical and national significance of the Pakistan Monument. Officials informed him about the monument’s role in representing the country’s history, culture and national identity. The Lebanese minister appreciated the historical importance of the Pakistan Monument and the Martyrs’ Memorial and acknowledged the architectural design of the national landmark. Later, a special parade was held in honour of the Lebanese interior minister at Is-

lamabad Police Lines. A special contingent of Islamabad Police presented a salute, while the national anthems of Pakistan and Lebanon were played during the ceremony. Ahmad Al-Hajjar inspected the parade and reviewed the contingent of Islamabad Police personnel. During the event, he appreciated the professional capabilities and discipline of the police force. The Lebanese interior minister also distributed awards among Islamabad Police officers and personnel who had demonstrated outstanding performance in their duties. The ceremony was attended by Inspector General of the Federal Constabulary Riaz Nazir Gara, Inspector General of Islamabad Police Ali Nasir Rizvi, deputy inspectors general of Islamabad Police and other senior officials.

04 COMMENT

The consequences of post-9/11 policies are still with us

Wednesday, 16 September, 2026

The Houthis escalate

The war continues, and it gets worse for consumers

HE focus of the war in the Middle East seems to have shifted from the Hormuz Strait to the Bab el-Mandeb. More specifically, because the Saudi-Houthi conflict is about the second Strait, there seems to be more attention being attached to it especially after the apparent lull in the US-Iran conflict. The Houthi launched drone attacks on the King Khalid Air base in Khamis Mushait in southern Saudi Arabia, in retaliation for Saudi strikes on Houthi positions. The Houthis have not used their domination of the Bab el-Mandeb to interdict the shipping from the Red Sea that comes into it from the Suez Canal, but they have tried to stop Saudi use of the strait, which would prevent any movement of oil, because the Strait of Hormuz remains closed, to the extent that US President seems to have tired to claiming over-enthusiastically that it was indeed open, all evidence to the contrary. In this context, the State Bank’s Monetary Price Committee decision to leave the interest rate unchanged may be seen as a rate hike. Though inflation data indicates that interest rates should come down, there would be no point in hiking them again, and that too rapidly. Inflation is bound to increase, as diesel has gone up from Rs 371 per litre to Rs 409, which means that all forms of transportation have to have rates increased, while crops will also be more expensive. The wave of inflation is going to be worldwide, for diesel prices have reached record levels in the USA, which is a good indication of the USA suffering the same sort of problems Pakistan does. US inflation will infect the rest of the world. With the on-off conflict that has gone on for the last six months seeming likely to go on till the US midterms this November (preceded in October by Israeli elections), the global oil price is likely to reach unimaginable numbers which may well plunge the world to a depression. The government should be preparing for some such cataclysmic event. That event will find the already frayed Washington Consensus torn beyond repair, and the present subservience to the IMF will prove of no avail. A worrying sign is that the SCO Summit at Bishkek and the BRICS Summit at New Delhi have both called for peace, but there is little sign of the USA accepting that the war is bad for the world, and it must bring the conflict to an end.

An excuse to trample fundamental rights

WASHINGTON WATCH Dr JAmeS J ZOGby

N response to the terrorist attacks of 9/11, the Bush Administration rushed to implement domestic and foreign policies that had dramatic consequences for the USA and the world. They pushed through far-reaching legislation which, when combined with Executive Orders and “national security” memoranda, effectively gutted one-half of the rights guaranteed in the Bill of Rights and erased 50 years of work advancing civil rights and liberties here in the USA. In addition, the steps they took to justify the invasions, occupations, and nation-building gambits in Afghanistan and Iraq contributed to degrading the roles of the United Nations and NATO and contributed to dismantling the architectures of diplomacy, rights, and law that had been created by the international community in the aftermath of World War II. The assault on rights and freedoms had been brewing before 9/11. Beginning in the Reagan era and continuing through the Clinton administration, there’d been “secret” plans to round up, detain, and/or deport “aliens” without due process. Because of domestic opposition, earlier administrations had been hesitant to publicly implement them. But with the nation reeling in shock in the aftermath of the terror attacks, it became possible for the Bush Administration to openly give law enforcement agencies a grab bag of repressive tools they had been seeking. They did so knowing that domestic and/or partisan opposition would be muted because 9/11 had taken such a traumatic toll. In the end, the Bush-endorsed legislation was easily passed in Congress, with only one Senator voting against the bill. And there was only modest opposition to the administration’s measures to use racial and ethnic profiling, deny due process to immigrants, conduct warrantless searches and surveillance, make use of entrapment techniques against vulnerable individuals, and implement a range of costly and invasive measures at airports— all of which have been shown to be wholly ineffective in protecting national security.

Dedicated to the legacy of late Hameed Nizami

Arif Nizami (Late) Founding Editor

If the shock of the attacks had made the public more willing to accept new laws and programmes that sacrificed the rights of others, they also created a sense of dread about what might happen next. The USA had invaded, bombed, and fought wars in other countries around the world, but not since Pearl Harbor, more than six decades earlier, had the American homeland been attacked. This resulted in feelings of vulnerability. People wanted to know: “Who are these people who committed these crimes?” “Why did they do this to us?” and “What should we do now to respond?” It was a short time after the attacks that I accepted an invitation from the Council on Foreign Relations to participate in a post-9/11 study group to discuss these troubling questions and offer recommendations to policymakers, specifically regarding what the USA’s message to the world should be in this moment. The group they assembled was mixed and bipartisan, including former lawmakers and diplomats, military and government officials, and Middle East “experts.” In the months that followed, we met several times, seated around a conference table in centre city Washington DC. While many of us had questions and concerns, it was striking that a core group of participants came with an obvious agenda. The dust hadn’t yet settled, nor had the embers cooled at the site of the burning towers, but a cohort of the “study group” already had answers. The USA, they argued, had been attacked because it was perceived as complacent and weak. The terrorists saw that weakness and took advantage of it. The solution, they posited, was for America to demonstrate strength by dealing with a devastating blow so that our enemies would know better than to strike at us again. They had already settled on their preferred target: Iraq. Saddam Hussein was a ruthless leader who’d committed crimes against his own people and his neighbours— and so he was deemed a worthy and non-controversial foe. Interestingly, at this very early point, the “prowar hawks” had not yet fabricated their later justifications for the war they so desperately sought. There was no case being made that Saddam sponsored Al Qaeda, or that he had weapons of mass destruction.

Babar Nizami Editor Profit

Can the country afford to ignore half the population FIZA rAFFIque

NE of the most frequent questions I hear as a physics graduate is surprisingly simple: “Why did you choose physics?” Behind that question often lies another assumption —that physics is somehow an unusual career choice for a woman. It should not be. Every year, thousands of intelligent young women in Pakistan complete their secondary education with outstanding academic records. Math, problem solving, and science are all popular interests. However, as education progresses, the number of women studying physics steadily decreases. Women are notably underrepresented by the time we get to university faculties or advanced research labs. This isn’t because women aren’t talented. The reason for this is the progressive exclusion of too many gifted women from the scientific pipeline. As someone who studied physics, did research in computational materials science, and currently teaches science to young pupils, I’ve seen this pattern from both sides of the classroom. I have met girls who ask perceptive scientific questions, solve complex problems confidently, and genuinely enjoy studying physics. What they frequently lack is not competence, but encouragement, prominent role models, and confidence in their scientific careers. Pakistan cannot afford to lose such potential. The world is approaching a new era in which scientific knowledge drives economic growth, national security, healthcare, artificial intelligence, renewable energy, and climate resilience. Countries that invest in science now are investing in their long-term prosperity. If Pakistan wants to compete worldwide, it must ensure that half of its population does not fall behind in scientific research and innovation. Many of the technical innovations of today are rooted in physics. Physics provides the basis for current innovation in everything from semi-

conductor technology and quantum computing to innovative materials, clean energy, medical imaging, and space exploration. Encouraging more women to pursue this field is therefore not simply a matter of gender equality; it is a matter of national scientific capacity. My own journey into research showed me how transformative opportunities can be. As an undergraduate researcher in computational materials science, I had the chance to investigate hydrogen storage using first-principles calculations. That experience strengthened my belief that young women, when given access to research opportunities and supportive mentorship, are fully capable of contributing to complex scientific challenges with global relevance. The experience taught me that scientific discovery is rarely about dramatic breakthroughs. Instead, it is the result of patience, rigorous study, and countless hours spent testing ideas, interpreting data, and asking better questions. These characteristics are not gender-specific. They are developed through education, mentoring, and opportunities. However, many capable female students never receive those opportunities. Some are discouraged by misconceptions that portray physics as too difficult or unsuited for women. Others face financial obstacles, limited research opportunities, or social expectations that encourage them to pursue more conventional career paths. Even students who stay passionate about science frequently struggle to find mentors who can guide them to pursue research careers. Such barriers are not inevitable. They can be changed. Universities should enhance student research opportunities, establish mentorship programs led by female scientists, and strengthen academic-industry connections. Scholarships

designed for women in STEM can help to alleviate financial barriers, while schools should actively encourage girls to participate in science competitions, laboratories, and research projects from a young age. Equally important is changing how society talks about science. Young girls should perceive women not only as doctors and teachers, but also as physicists, engineers, researchers, innovators, and technologists. Representation is important because it subtly influences aspirations. When students witness someone like them thriving in science, they begin to believe that they, too, can succeed. This is also where effective science communication is critical. Research shouldn’t be limited to academic journals and labs. Scientists need to interact with the public, explain the significance of their work, and encourage the next generation to see science as both meaningful and attainable. Pakistan already has smart young women who possess the curiosity, determination, and intellectual capacity required to address some of tomorrow’s most pressing scientific concerns. The true question is whether we are willing to provide them with the opportunity they deserve. To create a scientifically competitive Pakistan, more laboratories, stronger universities, increased research funding, and forward-thinking policies are required. Above all, it is necessary to ensure that brilliance is not disregarded merely because it belongs to a woman. Pakistan cannot build a globally competitive scientific future while leaving half of its talent behind. Our future will be shaped when every capable mind—regardless of gender—is encouraged to learn, discover, and innovate.

The writer is a Physics graduate with research interests in computational materials science, artificial intelligence, hydrogen storage, and clean energy technologies. She can be reached at fizaraffique6@gmail.com

Editor’s mail

Send your letters to: Letters to Editor, Pakistan Today, 4-Shaarey Fatima Jinnah, Lahore, Pakistan. E-mail: letters@pakistantoday.com.pk Letters should be addressed to Pakistan Today exclusively

Karachi’s broken streets

EVERY day we come across roads that are dug up repeatedly across Karachi for laying gas, sewerage, or water pipelines. Frustrated and anxious, people struggle and even jeopardise their lives just to reach their destinations. Excavating the roads and leaving uneven surfaces, potholes and broken roads is an irksome routine, which often becomes a matter of life and death. Karachi witnesses heart-breaking incidents every now and then that are linked directly to such negligence. People fall into open manholes or meet accidents due to potholes and broken roads. These are not just accidents, but death traps laid by the negligence of civic authorities. A city that is the economic backbone of Pakistan receives such dreadful treatment that citizens have lost all hope in the authorities, and they assist each other. When a young boy had fallen into a manhole recently, his body was recovered by a teenager, more than 12 hours after the incident was first reported. This speaks a lot about how not a single responsible department is held account-able. Karachi’s worries are no longer taken seriously because they have sadly become common occurrences. Deaths, directly linked with the hazardous condition of Karachi, are neither new nor rare. The citizens of Karachi have suffered enough, and they deserve better. SYED ANAS IMAM KARACHI

Peace beyond rhetoric

WORLD peace has long been celebrated as humanity’s highest aspiration, yet in today’s fractured global landscape, it appears more like a Holy Grail — deeply desired but painfully hard to attain. The current socio-political milieu is marked by armed conflicts, ideological polarisation and widening economic inequalities. While global forums routinely speak of peace, justice and human rights, these ideals are often compromised by geopolitical interests and selective accountability. The result is a world where war zones multiply, diplomacy weakens and innocent lives continue to bear the heaviest cost. Peace cannot flourish in an environment where power outweighs principle and profit eclipses humanity. Nor can it survive when human suffering is reduced to headlines and statistics. Genuine peace demands more than treaties; it requires moral clarity, equitable development and a sincere commitment to human dignity. If world peace is to be more than a rhetorical ideal, both nations and individuals must reassess their priorities. Justice, dialogue and empathy must replace aggression, exclusion and indifference. Only then can this elusive Grail move from aspiration to reality. SARDAR WADHO KARACHI

Surveillance needed

To create a scientifically competitive Pakistan, more laboratories, stronger universities, increased research funding, and forwardthinking policies are required. Lahore – Ph: 042-36300938, 042-36375965

The writer is President, Arab American Institute

These post-9/11 policies inflicted tremendous damage during the Bush years, but their consequences are still with us. Because they were never decisively laid to rest by subsequent administrations, they formed the foundation for the excesses of the Trump Administration’s foreign and domestic policies that we face today.

Pakistan’s scientific future depends on more women in physics M. A. Niazi

Editor Pakistan Today

This was to come later. In the beginning, the only justification they advanced was that the USA needed a dramatic display of strength to put fear into the hearts of those who might be inclined to attack again. The group who advanced these views in the study group was part of a much larger ideological movement of “neoconservatives” who were growing in influence in Republican circles. They were ideologues whose belief system had more in common with Christian fundamentalism than with traditional Republican thinking. They saw a worldwide cosmic struggle between good and evil. America, of course, was the force for good. The evil had been the USSR but had now been replaced with Arab or Islamic extremism. It was imperative that the forces for good be relentless in its never-ending struggle against evil— to root it out and crush it. No compromise was possible. While then-President George W. Bush did not initially share their world view, the shock of 9/11 catapulted the neoconservatives into a dominant force shaping his administration’s policies. In the months and years that followed, the Bush Administration made decisions reflecting their influence. The repressive legislation and anti-Arab, anti-Muslim programmes were part of this, as were the wars and occupations of Afghanistan and Iraq. The costs and consequences of these two ill-conceived wars have been immense in lost lives, treasure, and respect. In addition to the hundreds of thousands of Iraqis and Afghanis who perished, 7,000 US military personnel died. While the Bush Pentagon tried to sell the war to Congress by saying it would cost just a few billion dollars, it is now estimated to have cost between $6 and $7 trillion. And as a result of the USA unilaterally steamrolling its way into the war, insulting allies who refused to join them, and faring so poorly in its execution of both conflicts, respect for the USA plummeted worldwide. These post-9/11 policies inflicted tremendous damage during the Bush years, but their consequences are still with us. Because they were never decisively laid to rest by subsequent administrations, they formed the foundation for the excesses of the Trump Administration’s foreign and domestic policies that we face today.

Karachi – Ph: 021-32640318 I

Islamabad – Ph: 051-2204545

CCTV cameras act as a strong deterrent to theft, vandalism and other criminal activities because people are less likely to commit offences when they know they’re being watch. CCTV cameras can serve as evidence and play a vital role in criminal investigations. In recent months, there has been an increase in theft and other criminal activities in Turbat. Unfortunately, this town of Balochistan has no security cameras for public safety and monitoring critical areas. Installing cameras at designated places in the town would help in preventing crime, monitoring traffic and ensuring safety of citizens. Installing cameras in busy markets, public places and main roads is essential in the context of providing safety to citizens and reduce crime. Such a step would raise public confidence and contribute to making Turbat a safer place for its citizens. ZEEBJAN AKTHER TURBAT

Web: www.pakistantoday.com.pk

Email: editorial@pakistantoday.com.pk

Wednesday, 16 September, 2026

Bishkek Momentum

COMMENT 05

Time for Pakistan to build on outcomes of SCO Summit

MiaN abrar

HE summit of the Shanghai Cooperation Organization in Bishkek evolved into a significant moment in the evolving architecture of a multipolar world, bringing together major Eurasian powers at a time when geopolitical confrontation, armed conflicts, economic fragmentation and weakening faith in existing mechanisms of global governance are testing the international system. The summit, themed “25 Years of the SCO: Together for Sustainable Peace, Development and Prosperity,” aimed to transform the organization from a primarily regional security platform into a broader instrument for peace, development, connectivity and more representative global governance. The meeting was especially important as it marked the 25th anniversary of the SCO and produced the Bishkek Declaration and 28 outcome documents on security, economic cooperation, people-to-people exchanges and institutional development. The leaders also approved changes to the SCO Charter and regulations for the organisation’s new Universal Center for Countering Security Challenges and Threats and its Anti-drug Center. But beyond declarations, agreements and institutional mechanisms, the summit sent a bigger political message. It showed that countries with different political systems, economic structures and strategic priorities can still come together on the basis of the principles of sovereignty, mutual respect, non-interference, development and peaceful settlement of disputes. In this context, the speech of Chinese President Xi Jinping was of special importance. Xi did not cast the SCO as just another regional grouping vying for influence. Instead, he set it against a much bigger change taking place in international relations, arguing that the organization had to do its share to help build a more just and equitable system of global governance. His vision linked the immediate priorities of Eurasian cooperation with the broader Chinese conception of a multipolar world where international affairs are not managed by a few powerful states. The message from Xi was therefore as much about the future of global governance as it was about the future of the SCO. He called for more efficient institutions and better quality development within the organization, while urging its members to make greater contributions to global stability. China, he said, was ready to work with all parties to improve the global governance system and make it fairer and more equitable.

This approach is better understood in light of the comparison with Xi’s Global Governance Initiative (GGI) he announced at the SCO Plus meeting in Tianjin in 2025. The idea of the initiative was born as a framework to deal with the failings of an international system which is increasingly marked by unilateralism, confrontation, protectionism and unequal representation. The GGI is based on five guiding principles, sovereign equality, respect for international law, multilateralism, a people-centred approach and a focus on real action. The significance of these principles is that they try to move the debate on global governance from an abstract competition between powers to practical rules for coexistence. Sovereign equality means that all countries, big or small, should have an equal right to decide their own national destinies. Respecting international law means applying the rules of the world consistently, not selectively. Multilateralism is founded on the principle that you cannot solve international problems unilaterally. A people-centred approach puts human welfare, development and security at the core of international cooperation. Finally, the emphasis on action is designed to guarantee that global institutions deliver concrete results, and not just endless declarations. The Bishkek summit was a natural opportunity to promote this philosophy. The SCO itself is an example of cooperation among states that do not have identical political or economic systems. Its members have divergent interests and sometimes serious bilateral disagreements but the organization has continued to expand its agenda through dialogue and consensus. In this sense, the SCO is a laboratory for the sort of international cooperation that Xi’s GGI envisions. The summit’s results reflected this broader agenda. Security was high on the agenda as member states reinforced mechanisms to combat terrorism extremism separatism narcotics trafficking and other transnational threats. But the agenda went far beyond traditional security. The decisions

of the summit touched on economic cooperation, energy, digital development, artificial intelligence, climate issues, nuclear safety, logistics and cultural exchanges. This expansion is of strategic importance. Security cannot be separated from economic development in a more interlinked world. Poverty, unemployment, energy insecurity, food insecurity, climate pressures and technological inequalities can create conditions for instability just as much as traditional military threats. Xi’s approach seeks to address these intertwined challenges through comprehensive cooperation, rather than addressing each crisis individually. Connectivity as a driver of the region’s development was reiterated at the summit. Eurasia has vast economic potential, but to unlock it we need roads, railroads, ports, energy corridors, digital networks and efficient customs systems that connect markets across borders. The SCO’s increasing attention to logistics and economic connectivity can thus help turn geographical proximity into tangible economic opportunity. This aspect of the SCO is especially important for developing countries. A more interconnected Eurasian economy would provide access to markets, investment, technology and energy, as well as alternatives to traditional economic dependencies. This connectivity also corresponds to the broader vision of a multipolar international system in which developing countries become active participants in global economic decisionmaking instead of passive recipients of policies made elsewhere. Equally important was how the summit dealt with international conflicts. While military force is still being used to settle political disputes, the SCO reiterated the importance of dialogue, sovereignty and peaceful settlement. The Bishkek Declaration strongly condemned the military strikes against Iran, reaffirmed the sovereignty of Iran and its right to peaceful nuclear program, and called for a diplomatic solution. It also addressed the Palestinian issue and other threats to in-

ternational peace and security. This diplomatic orientation is in line with the core philosophy of Xi’s GGI. The initiative does not pretend that differences between states can be simply removed. Rather, it argues that differences should be resolved through dialogue, international law and multilateral institutions, not through coercion and confrontation. That distinction might prove more important in a world of multiple simultaneous crises. The wars and conflicts of the last few years have shown that military victories rarely lead to lasting political settlements. Peace requires diplomacy, economic reconstruction, political accommodation and institutions that can continue the dialogue after the guns fall silent. The evolution of the SCO thus mirrors a broader shift in international politics. It is not just an organization with an interest in the security of Central Asia. Its growing agenda, and expanding membership, have given it a role in debates on energy, trade, technology, climate, development and international governance. China’s approach has been to promote the SCO as a model of what Xi calls a more equitable form of international cooperation. Instead of forming another exclusive bloc, Beijing presents the organization as an open platform for countries to cooperate without being forced to take rigid ideological or military positions. Another significant dimension is the transfer of SCO presidency to Pakistan. Now is the time for Pakistan to build on the outcomes of Bishkek and strengthen economic cooperation, connectivity, counter-terrorism coordination and people-to-people contacts among the member states. The presidency

The centrepiece of this larger vision is Xi’s insistence that global challenges ultimately require global answers— negotiated through inclusive institutions, guided by international law and organised around the interests of peoples rather than the ambitions of individual powers. The Bishkek summit has thus added another chapter to the search for a more balanced international order where peace, development and shared prosperity are not competing objectives but mutually reinforcing pillars of global governance.

will also offer a chance for Islamabad to promote the interests of the wider Global South and to provide a platform for dialogue on regional conflicts and economic issues. But perhaps the most important outcome of the Bishkek summit will not be any specific agreement. The deeper significance is the direction where the SCO is going. The organization is slowly taking shape in a broader effort to build an international order based on dialogue rather than domination, cooperation rather than confrontation, development rather than permanent strategic rivalry. Xi’s intervention provided both the ideological and strategic framework for this transformation. His Global Governance Initiative provides a vision where peace is more than the absence of war and the result of sovereign equality, international law, multilateralism, people-centred development and tangible cooperation. In an age when the world seems to be fragmenting more and more, the message from Bishkek was that multipolarity does not have to mean constant confrontation between rival centers of power. Instead, it can mean a wider diffusion of responsibility for maintaining peace and solving common problems. That is perhaps the true strategic promise of SCO. The trend is clear, and its future credibility will be judged by the ability of its members to translate declarations into action. The organization is trying to demonstrate that differences do not prevent cooperation, whether it is on security cooperation, economic integration, technological development or diplomatic engagement. The centrepiece of this larger vision is Xi’s insistence that global challenges ultimately require global answers— negotiated through inclusive institutions, guided by international law and organised around the interests of peoples rather than the ambitions of individual powers. The Bishkek summit has thus added another chapter to the search for a more balanced international order where peace, development and shared prosperity are not competing objectives but mutually reinforcing pillars of global governance.

The writer is Head of News at Pakistan Today. He has a special focus on current affairs, regional and global connectivity, and counterterrorism. He tweets as @mian_abrar and also can be reached at hussainmian@gmail.com

Iran war has the US military on the brink of a ‘breakdown’ Since July 7 alone, there have been hundreds of US casualties caused by Iranian attacks, according to oﬃcial Pentagon statistics

INTERCEPT Nick Turse

HE U.S. military is straining under the pressures of the Iran war, according to two U.S. officials familiar with operations in the Middle East. One cautioned that this stress could lead to a “breakdown” in the military’s ability to effectively continue a war that President Donald Trump said would end in early April. As the conflict has engulfed the region, the military has grappled with a growing list of challenges: Iranian attacks on U.S. bases and warships in the Middle East, depleted stockpiles of defensive munitions, increasing casualties, maintenance issues on ships, lengthy troop deployments, complicated logistics, flagging morale and a host of other issues that have taken a heavy toll on troops, damaged military readiness, and a strained Pentagon budget — contradicting months of rosy pronouncements by the Trump administration. Both officials said that Iran is facing extreme economic pressure, according to intelligence reports. The first official characterized recent Iranian attacks on warships with ballistic missiles as a “go for broke” strategy to increase economic pressures on America ahead of the U.S. midterms. That official said it was unclear which country would “blink first.” Trump suggested on Sunday that the U.S. could “stay and keep the oil” in Iran, like the neo-colonial resource grab the administration is carrying out in Venezuela. The second official said that a U.S. occupation of Iran would be “almost impossible” and that the idea was “nonsensical obviously.” Iran’s ability to overwhelm U.S. air defenses in the Middle East using attack drones and advanced ballistic missiles, as previously reported by The Intercept, has left the U.S. military in a precarious state. The Trump administration failed to appreci-

Acting Navy Secretary Hung Cao admitted ‘they blew the hell out of Bahrain’

ate Iran’s military prowess, said the first official. The other pointed to a “complete lack of planning” for the war. Since July 7 alone, there have been hundreds of U.S. casualties caused by Iranian attacks, according to official Pentagon statistics. The officials said the military’s ability to function at peak capacity was crippled in the opening hours of the conflict when an Iranian missile and drone attack on February 28 destroyed Navy facilities in Manama, Bahrain, the region’s most critical logistics hub. The Pentagon claimed for months that the strikes did not significantly impact military operations, but last week acting Navy Secretary Hung Cao admitted “they blew the hell out of Bahrain.” More than six months after the attack, Naval Support Activity Bahrain remains a shambles. “We’re not getting back in there anytime soon,” said Chief of Naval Operations Adm. Daryl Caudle, the Navy’s highest-ranking officer, during a recent town hall. A Wall Street Journal investigation previously found that rebuilding the U.S. Navy’s Fifth Fleet headquarters, barracks, and communication towers at NSA Bahrain may cost more than $400 million, which the second official said could be an underestimate if it’s ever attempted. Naval Forces Central Command referred questions about the cost estimate to Central Command, which did not respond. Trump has touted the destruction of Iran’s navy as one of his signature accomplishments of the war, but the officials pointed to the severe strain placed on U.S. naval forces in the region. With the home of the Fifth Fleet knocked out and other ports in the region within range of Iranian missiles and drones, the Navy found itself facing the daunting challenge of maintaining a flotilla of more than 24 ships — including two massive aircraft carriers and numerous guided-missile destroyers and cruisers, attack submarines, or supply ships deployed at any one time. While aircraft carriers are nuclear-powered, the planes and helicopters on them, as well as the other ships, require millions of gallons of fuel each week. And the sailors aboard the ships require hundreds of thousands of meals. This means Navy ships need to haul supplies more than 2,000 miles from a longtime U.S. base on the Indian Ocean island of Diego Garcia. A War Department inspector general report released on Monday noted that the shift in “naval bases and support ports posed significant challenges,” pointing specifically to the

the Pentagon inspector general report revealed Iranian strikes ‘damaged and destroyed hundreds of buildings and structures at U.S. bases in Kuwait, Bahrain, Qatar, UAE, Saudi Arabia, Iraq, Oman, and Jordan during the conflict’

“issue with shifting logistics support and infrastructure to Diego Garcia” and the challenges of “extended sea transit requiring 14- to 18-day logistics cycles.” “It’s difficult and ultimately unsustainable,” said the second official, who told The Intercept that White House assumptions that Iran would “crack” before the Navy have yet to be borne out. The Navy has just 11 aircraft carrier strike groups, and amid the ongoing strain of extended deployments, its oldest carrier, the USS Nimitz, has seen its service life extended. So far, four of the 11 carrier strike groups have already been deployed to the Middle East during the war. Some of the remaining carriers are undergoing substantial repairs and will not be ready to deploy again for years. The USS Gerald R. Ford Carrier Strike Group completed a record-breaking, 11month deployment that also included the invasion of Venezuela. (Under normal conditions, a carrier would visit port about once a month to allow its crew to rest.) The ship was, according to a Presidential Unit Citation, under “persistent threat from enemy missiles and one-way attack drones” during its deployment to the Middle East. Early in the Iran war, the Ford suffered extensive damage from a laundry fire and a malfunctioning fire-suppression system that forced crew members to manually fight the blaze for around 30 hours. The fire halted sorties for two days, and around 600 sailors lost access to their bunks due to the damage. The Navy claimed few casualties from the blaze, but reports soon emerged that the more than 200 sailors were treated for smoke inhalation or lacerations. The Ford has also been plagued by plumbing issues for years. During just a four-day span in 2025, there were 205 breakdowns. Before the Ford left the Caribbean, it was facing constant issues with the nearly 650 toilets aboard. And then in the Middle East, the carrier again suffered from clogged, excrement-filled toilets, according to video obtained by CNN. Another carrier, the USS Abraham Lincoln, spent most of its nine months at sea with no port calls, leading to reports of rampant morale problems, supply shortages, and suicide attempts, with at least one crew member going overboard. At an August 11 town hall in San Diego, families expressed deep concerns about their loved ones to Cao, the acting Navy secretary. But Trump dismissed worries about the sailors, saying the Lincoln’s deployment was “not nearly long enough.”

Last month, the Lincoln was relieved by the USS George Washington, allowing the heavily rusted Lincoln to pull into Thailand for a port call. Those ships have left the region but sailors remain under persistent threat. The Islamic Revolutionary Guard Corps targeted a U.S. aircraft carrier and guided-missile destroyer with ballistic missiles this month, according to Central Command. CENTCOM did not reply to a request for additional information about the strikes. Despite months of claims by Trump and self-styled War Secretary Pete Hegseth that Iran’s military was annihilated, Iran has attacked more than 15 bases across the Middle East, according to information from U.S. officials and Iranian reports. Stocks of advanced air-defense missiles, like Patriot and THAAD interceptors, are so depleted that U.S. forces are not shooting down all Iranian missiles and drones aimed at U.S. and allied targets across the Middle East, according to U.S. officials who spoke to The Intercept as well as numerous press reports. Trump and Hegseth have pushed back on these claims. Trump posted on Monday that the U.S. is “producing more Exquisite and Elite Weapons than at any time in our History,” but the aforementioned inspector general report immediately contradicted the president, revealing that the conflict has resulted in “strategic inventory shortfalls and revealed industrial base bottlenecks for munitions resupply.” “I have all the munitions necessary to both defend our forces as well as conduct a broad range of contingencies,” Adm. Brad Cooper, the CENTCOM chief, told Congress in May. But even the Pentagon admits that 410 U.S. troops have been killed or wounded since July 7 alone. Three U.S. soldiers were killed during Iranian ballistic missile and drone attacks on Jordan’s Muwaffaq Salti Air Base on July 17 and 18, for example. And an Iranian drone attack on Erbil Air Base, Iraq, on July 18 killed one soldier and left another injured during what CENTCOM called a “controlled detonation” of the downed aircraft. The U.S. and its allies burned through more than 11,000 munitions, including large amounts of defensive missiles, in the first 16 days of the war alone, according to a March analysis by the Royal United Services Institute. About 65 percent of Patriot interceptors were expended between February and July, leaving fewer than 830 remaining from a pre-war total of 2,330, according to an analysis by the Center for

Strategic and International Studies. The number of THAADs dropped from more than 450 to less than 270. On Sunday, Cooper, the CENTCOM commander, continued to downplay the risks of depleted stockpiles and told CBS’s “60 Minutes” that he wasn’t worried for the safety of U.S. troops. “I’m not concerned at all,” he replied when asked about defending against Iranian attacks. CENTCOM did not reply when asked if Cooper would resign if U.S. troops were killed or wounded in future attacks. In addition to the destruction of NSA Bahrain, the Combined Air Operations Center at Al Udeid Air Base, Qatar, was severely damaged by Iranian missiles early in the war, rendering it inoperable. Both were recently attacked again, raising questions about whether either will ever be rebuilt. Iran also struck Muwaffaq Salti Air Base in Jordan last week, damaging multiple U.S. military aircraft, according to the second U.S. official. In response, U.S. forces fired a “significant” number of Patriot interceptors to protect U.S. forces, the second official said. U.S. officials confirmed that Iran has also attacked Tower 22, a U.S. military outpost on the northern Jordanian border with Syria. Satellite images as well as photos and videos circulating online indicate the base suffered extensive damage. (In 2024, a drone attack on Tower 22 by an Iran-backed militia killed three U.S. troops.) Iran says it has also attacked U.S. military facilities at Jordan’s Prince Hassan Air Base and King Faisal Air Base; and Kuwait’s Al-Adiri base, Ahmed Al-Jaber Air Base, Camp Doha, Ali Al Salem Air Base, and Camp Arifjan. Last week, the IRGC announced its forces had “simultaneously attack[ed] the American bases in Jordan, Bahrain, and Erbil,” including “a combined missile-drone attack on the headquarters and residence of the American commander of the Ali al-Salem base.” CENTCOM failed to respond to a request for comment about attacks on its outposts or provide its own official count of the number struck. But the Pentagon inspector general report revealed Iranian strikes “damaged and destroyed hundreds of buildings and structures at U.S. bases in Kuwait, Bahrain, Qatar, UAE, Saudi Arabia, Iraq, Oman, and Jordan during the conflict.” It also disclosed that “dozens of U.S. aircraft were destroyed or damaged,” including four F-15 fighter aircraft, 12 KC135 refueling aircraft, and as many as 30 MQ-9 Reaper drones.

06 NEWS

CHINA CALLS FOR GLOBAL COOPERATION TO ENSURE SAFE, BENEFICIAL AI

BEIJING

STAFF CORRESPONDENT

HINA on Tuesday called for a balanced approach to artificial intelligence (AI), urging the international community to ensure that the rapidly advancing technology is directed towards the benefit of humanity and governed by broad-based global cooperation. Chinese Foreign Ministry spokesperson Guo Jiakun made the remarks in response to questions about Beijing’s reaction to calls by US technology executives for a slowdown in the development of frontier AI systems. He was also asked about the potential risks of AI being used to develop biological weapons. “We have noted recent remarks by people in the US AI industry,” Guo said, stressing that the faster AI technology develops,

the greater the need to ensure that its direction remains aligned with the interests of humanity. He called for a careful balance between technological innovation and regulation, saying governments should improve measures to prevent AI systems from becoming uncontrollable as new risks emerge. Guo said China had consistently attached equal importance to AI development and security and was paying close attention to both the direct and indirect risks associated with the technology. He said Beijing was committed to maintaining a safety threshold through stronger laws and regulations, improved policy frameworks, application standards and ethical guidelines. These measures, he added, aimed to prevent the abuse and misuse of AI and to ensure that the technology remained safe, reliable and controllable. The spokesperson said relevant Chinese

authorities had released the AI Safety Governance Framework 3.0 a day earlier. The framework updates and categorises AI-related safety risks while proposing improvements in technical responses and comprehensive governance mechanisms. Describing AI as a product of humanity’s collective wisdom and a valuable asset for all countries, Guo said its development and governance could not be effectively addressed by a handful of states or companies. He called for “true multilateralism” in establishing a global AI governance framework based on broad international consensus, with all countries given a meaningful role in shaping the rules. “Relying on only a few countries or companies cannot produce an effective solution,” he said. Guo reaffirmed China’s support for the United Nations as the primary channel for international cooperation on AI governance.

He said China was participating responsibly in multilateral discussions on AI governance and was ready to work with countries around the world to build a fair and reasonable global governance system.

Wednesday, 16 September 2026 | ISLAMABAD

The objective, he added, should be to promote AI development that is inclusive and beneficial while ensuring that the technology’s growing capabilities are matched by effective safeguards against

Egypt's Sisi and Saudi crown prince stress need for security of Red Sea navigation CAIRO

AGENCIS

Saudi Crown Prince Mohammed bin Salman (MBS) met Egyptian President Abdel Fattah al-Sisi in Cairo on Tuesday and stressed the need to ensure freedom and security of navigation in the Bab elMandeb Strait and the Red Sea during talks, the Egyptian presidency said. Sisi also expressed support for Saudi measures to protect its security and stability, and for efforts to reach a comprehensive and sustainable political solution to the Yemen crisis, the presidency said. MBS arrived in the Egyptian capital earlier on Tuesday amid escalating tensions across the Middle East region and was received by Sisi at Cairo International Airport, according to the Saudi Press Agency (SPA). The visit came amid rapidly evolving developments in the region, including tensions in the Red Sea and Bab alMandab, as well as developments in

Yemen, Sudan and Palestine. MBS last visited Cairo on October 15, 2024, when he held talks with Sisi on bilateral relations and regional and international issues. Palestinian president arrives in Egypt

for 2-day official visit Meanwhile, Palestinian President Mahmoud Abbas arrived in Cairo on Tuesday for a two-day official visit to Egypt, the Palestinian news agency Wafa reported. Abbas was received at Cairo Interna-

tional Airport by Egyptian Agriculture Minister Alaa Farouk and several Egyptian and Palestinian officials. He is scheduled to meet Sisi on Wednesday to discuss the latest developments concerning the Palestinian cause as well as Arab and international issues of common interest. The talks were also expected to address Egyptian-led efforts, in coordination with regional and international partners, to provide humanitarian assistance to Palestinians and support the reconstruction of areas devastated by the ongoing war, Wafa said. The visit came as Cairo steps up diplomatic contacts over regional developments. Abbas was also expected to meet Arab League Secretary-General Nabil Fahmy at the league’s headquarters during his visit. The Palestinian president was accompanied by Vice President Hussein alSheikh, Palestinian National Council Chairman Rawhi Fattouh, Fatah Central Committee member and intelligence chief Majed Faraj, and other officials.

China's economy remains stable as high-tech manufacturing and foreign trade pick up BEIJING

STAFF CORRESPONDENT

China's economy remained broadly stable in August, with growth increasingly supported by high-tech manufacturing, services and foreign trade, according to data released by the National Bureau of Statistics (NBS) on Tuesday. Industrial production gained momentum during the month. Value-added industrial output rose 5.2% year on year, accelerating by 0.7 percentage points from July. Equipment manufacturing expanded 12.1%, while high-tech manufacturing grew 16.7%. New growth drivers continued to stand out. Output of lithium-ion

batteries surged 57.2% year on year, while industrial robot and 3D-printing equipment production increased 34.6% and 29.9%, respectively. The services sector also maintained steady growth. The national services production index rose 4.1% year on year in August. Information transmission, software and IT services grew 9.6%, while leasing and business services increased 9.0%. Transport, storage and postal services expanded 4.8%. Foreign trade was another major bright spot. China's total imports and exports of goods reached 4.65 trillion yuan ($647 billion) in August, up 19.8% year on year. Exports rose 18.6%, while im-

ports increased 21.7%. In the first eight months of the year, total goods trade grew 17.6%, with exports of mechanical and electrical products rising 21.9%. Domestic consumption grew at a more moderate pace. Retail sales of consumer goods totaled 3.98 trillion yuan in August, up 0.4% year on year. From January to August, combined retail sales of goods and services increased 2.5%, while service retail sales grew 4.9%. Online service retail sales rose 5.1%. Investment remained under pressure, but high-tech sectors continued to attract capital. Fixed-asset investment, excluding investment by rural households, declined 7.2% in the first eight months of the year. In contrast, invest-

ment in high-tech industries increased 5.2%. Investment in information services jumped 22.7%, while that t in aerospace and aircraft equipment manufacturing, and electronic and communications equipment manufacturing rose 14.9% and 6.9%, respectively. The data points to an economy that remains stable overall while its growth structure continues to evolve, with high-tech manufacturing, digital services and foreign trade emerging as increasingly important sources of momentum, said the NBS.

‘No longer managing’ Iranian threat, US is ‘ending it’: Bessent

UOL, University of Plymouth Launch Pakistan’s First Transnational Education Partnership LAHORE

STAFF REPORT

In a historic development for Pakistan’s higher education sector, The University of Lahore (UOL) and the University of Plymouth, UK, have officially launched the country’s first-ever Transnational Education (TNE) Partnership. Under this partnership, Pakistani students will now be able to earn a University of Plymouth degree while studying at The University of Lahore A ceremony was held at The University of Lahore to mark the launch. *Mr. Ben Warrington, Head of the British High Commission Lahore Office attended as the Chief Guest, while the event was chaired by . Awais Rauf, Chairman Board of Governors, The University of Lahore The delegation from the University of Plymouth was led by Professor Vladimir Bogdaingeta Associate ProVice Chancellor for Transnational Education. The ceremony was also attended by Registrar Ali Aslam, Dean Dr. Samina Shah and other dignitaries. Addressing the gathering Chief Guest Mr. Ben Warrington said that educational partnerships between the UK and Pakistan will provide students with access to world-class education and excellent opportunities locally. This, he added, will enhance their knowledge and confidence. He appreciated the vital role of the British Council and reaffirmed the commitment to further strengthen educational ties between Pakistan and the UK. Speaking on the occasion, Chairman Awais Rauf termed the launch of the program a major milestone for the education sector. He stated, “This is the first Transnational Education program of its kind at any university in Pakistan. It will open countless new avenues for students

AGENCIES

The United States is no longer seeking to contain the threat posed by Iran but is determined to end it, Treasury Secretary Scott Bessent told lawmakers Tuesday, as Washington ramps up what he called the “greatest economic isolation campaign” in history against Tehran and its allies. Speaking before the House of Representatives, Bessent told a hearing of the House Financial Services Committee that President Donald Trump had taken action that his predecessors had long deferred against a regime that devoted itself to “Death to America” and sought nuclear weapons to do just that. “Under his leadership, America is no longer managing the Iranian threat. We are ending it,” he said, adding that America’s economic resurgence was reinforcing its capacity to do so from a position of strength. The hearing was nominally focused on the international finance system, including reforms to the International Monetary Fund and World Bank, but lawmakers peppered Bessent with questions about a variety of more pressing issues, including the state of financial markets and the economy, as well as the administration’s punitive financial measures against Iran. SAUDI ARABIA CANCELS LATE-SEPTEMBER CRUDE CARGOES TO EUROPE Saudi Arabia on Tuesday informed its European customers that late-September crude oil cargoes will be cancelled, due to the East-West pipeline being shut after last week's attacks and Yemen's Houthis taking over the entire Red Sea coast, per three sources to Reuters. Yanbu had five to seven days of crude stocks left for export when the East-West line went down, per industry sources on Saturday, and cancelling late-September cargoes means Riyadh does not expect the line back before they run out. Europe has been taking Saudi crude through Yanbu because Hormuz has been closed since spring. On top of the pipeline, the Houthis appear to have struck the YASREF refinery at that same port this morning. Meanwhile, oil loadings at Saudi Arabia's Red Sea port of Yanbu have been suspended, days after the world's biggest crude exporter closed its East-West pipeline due to an attack by Yemen's Iran-aligned Houthis, shipping industry sources said on Tuesday. Saudi Aramco, which has increased use of the Yanbu terminal since the US war with Iran began on February 28, declined to comment.

Azerbaijan’s tourism potential promoted through roadshows in Pakistan KARACHI

STAFF REPORT

Azerbaijan Tourism Board (ATB), together with 3 local tourism industry partners including Azerbaijan Airlines (AZAL), promoted Azerbaijan’s tourism potential through a series of roadshows in Pakistan. The events were held in Lahore on 15 September, Karachi on 17 September and Islamabad on 19 September, bringing together around 200 representatives of Pakistan’s tourism industry. The initiative aimed to strengthen ties with Pakistan’s tourism industry and showcase Azerbaijan’s tourism potential. Participants were introduced to the country’s historical and cultural heritage, winter tourism and ski resorts, health tourism and ecotourism opportunities. A dedicated presentation also highlighted Shusha’s designation as the Tourism Capital of the Economic Cooperation Organization for 2026. B2B meetings were held between Azerbaijani and Pakistani tourism industry representatives to explore cooperation and partnership opportunities and support the development of tourism ties between the two markets. The events were held with the participation of Pakistani partners, including Pakistan International Airlines (PIA) and Airblue, supporting stronger connectivity and closer cooperation between the tourism industries of Azerbaijan and Pakistan.

NEWS 07

Wednesday, 16 September 2026 | ISLAMABAD

PUNJAB PoLICE To Go BoDy-CAM AS SBBDU, Lakhmir Zamurani MARyAM PUSHES SAfE PUNJAB VISIoN sign agreement to launch

CORPORATE CORNER DXL Institute for Digital Markets

KARACHI STAFF REPORT

Shaheed Benazir Bhutto Dewan University (SBBDU) has entered into a strategic academic partnership with Lakhmir Zamurani to establish DXL (Dewan × Lakhmir), a specialized institute aimed at providing structured professional education in artificial intelligence, technology, blockchain, Web3, trading, forex, stocks, crypto, and the Pakistan Stock Exchange (PSX) This official partnership agreement was signed on 14-09-2026 at the Grand Ballroom, Marriott Hotel Karachi, Between Mr. Yousuf Dewan, Mr. Aurangzeb, Vice Chancellor of SBBDU and Mr Lakhmir Zamurani, Founder of DXL. The initiative seeks to bridge the gap between growing participation in digital financial markets and the availability of structured, professionally delivered education in Pakistan. Under the partnership, DXL will offer a comprehensive suite of professional programs encompassing AI tech, blockchain, Web3, trading, forex, stocks, crypto, and PSX dynamics. The flagship 12-week Professional Diploma comprises 288 contact hours with a strong emphasis on practical learning.

Pakistan Cables Showcases Engineering Excellence from Pakistan at Middle East Energy

DUBAI, UAE STAFF REPORT

Pakistan Cables Ltd., Pakistan’s largest exporter of wires and cables, participated in Middle East Energy (MEE) in Dubai from 31 August to 3 September, showcasing its world-class range of wires, cables and electrical solutions, alongside its new state-of-the-art manufacturing facility in Nooriabad. MEE is one of the region’s leading international exhibitions for the energy and electrical industry, bringing together global manufacturers, technology providers, industry professionals and buyers. Pakistan Cables’ participation provided a platform to showcase its growing capabilities in cable manufacturing, engineering and advanced technology globally. Pakistan Cables presented its extensive portfolio, highlighting its commitment to international quality standards and advanced manufacturing. The Company also showcased its new Nooriabad facility, reflecting its continued investment in cutting-edge technology and manufacturing capacity in Pakistan. The Company’s presence attracted significant interest from industry peers, exhibitors and visitors, particularly in its manufacturing capabilities, product quality and investment in advanced cable manufacturing technology.

SI Global, Dell Technologies to enhance digital transformation

KARACHI STAFF REPORT

SI Global Solutions and Dell Technologies have reaffirmed their commitment to accelerating digital transformation in Pakistan through cutting-edge technology solutions and products, continuing 10year partnership to the next level at an event titled “Powering Possibilities Technologies”, held recently. Speaking on the occasion, CEO SI Global Solutions Dr Noman A. Said emphasized that Pakistan must move from being primarily a consumer of technology to becoming a developer and exporter of technology. For that, research and development have to become a national priority, backed not only by funding but also by procurement policies that give locally developed technologies an opportunity to prove themselves at scale.Countries such as Singapore have built globally competitive technology ecosystems through sustained investment in R&D, industry collaboration and commercialisation, while Malaysia has introduced mechanisms that give qualified locally developed R&D products priority in government procurement.

P g

BODY-WORN CAMERAS INTRODUCED FOR POLICE FIELD FORCE ACROSS PROVINCE FOR FIRST TIME LAHORE

SALEEM JADOON

UNJAB Chief Minister Maryam Nawaz’s vision of a Safe Punjab is taking shape with the introduction of bodyworn cameras for the police field force across the province for the first time, aimed at ensuring more effective, transparent and accountable policing. On the directions of Chief Minister Maryam Nawaz, training of the police field force in the use of body-worn cameras across Punjab has been completed. The project is being launched initially in Lahore, while installation of docking points for the cameras at police stations has also begun. The body-worn cameras will be connected with Smart Safe City systems established in 43 cities across the province. Punjab Police, Punjab Highway Patrol, Dolphin Force and Traffic Wardens will wear the cameras while performing their duties. Equipped with state-of-the-art features, the cameras’ digital facial recognition facility will help identify suspects.

They will also facilitate automated reading of motorcycle and vehicle number plates, while an instant threat alert can be generated in emergency situations. The cameras are equipped with a calling facility for immediate communication, enabling police personnel to record audio and video and take photographs through the devices. During duty,

recordings will also be stored in the cameras’ built-in memory. After completing their duty, police personnel will place the body-worn cameras at designated docking points, from where the recorded data will be automatically transferred and securely stored. The ‘Push-to-Talk’ facility will enable field-duty officers to establish imme-

Afridi’s street movement failed to muster up public support: Azma LAHORE

STAFF REPORT

Punjab Minister for Information and Culture Azma Bokhari on Monday criticised Khyber Pakhtunkhwa Chief Minister Sohail Afridi’s visit to Lahore, posting videos on social media platform X showing what she described as public reaction to his street movement and lack of public support. Reacting to the KP chief minister’s visit, Azma Bokhari posted a video showing public reaction and said, “Lahore people! We had to see this day too, that’s unfortunate.” The Punjab information minister said, “He was ignored on the footpath yesterday and today he was removed from the chair; he is a guest, such treatment should not be given.”

Azma Bokhari further said, “People are saying you are a liar, the guards pushed you back, and the gentleman turned his face the other way while pretending to be innocent.” She added, “Just feel it a little; it is happening everywhere today.” The Punjab information minister said, “These are the same people whom the public did not even turn around to look at.” She further asked, “By the way, why are people hiding their belongings from him?” In another video posted on X regarding the street movement and public support, Azma Bokhari said, “Please show me anyone other than police, guards and YouTubers.” She said, “The KP Chief Minister’s street movement has no public support,” adding, “My job is to show you the reality; you decide for yourselves.” Azma Bokhari also

Welnox Enters into a Licensing Partnership with P&G for Vicks VapoRub

said, “See for yourselves what the public sea looked like in the video at 8:23 pm.” The Punjab information minister further said, “There are no people in the street movement, and look at this! Videos are being made by stopping traffic so as to create the impression that there are more people.” ‘Afridi and cabinet’s Lahore visit comes amid medical staff strike in KP’ Meanwhile, Azma Bokhari said medical staff in Pakhtunkhwa were Khyber protesting and observing strikes while Sohail Afridi and his cabinet were touring Lahore. In an earlier statement, she said young doctors in Dera Ismail Khan were on strike in support of their demands, while the Medical Stores Association in KP was also observing a separate strike.

GREE Ranked No. 1 Globally by Sales Volume of Premium Residential Air Conditioners in 2025! LAHORE

STAFF REPORT

KARACHI STAFF REPORT

Welnox, a Martin Dow Group company, announced that it has entered into a licensing partnership with Procter & Gamble (P&G) for Vicks VapoRub, with availability expected to begin in the coming weeks. This strategic partnership reinforces Martin Dow’s commitment to expand access to high-quality, reliable healthcare solutions for millions of consumers across the country.For generations, Vicks has been a trusted part of family care routines, offering comforting relief during cough and cold. Backed by over 125 years of heritage, Vicks VapoRub is formulated to help provide relief from common cold symptoms such as nasal congestion, cough, headache, body ache, and discomfort associated with breathing.Anwar Zaman, CEO, Welnox, said, "Vicks VapoRub is an iconic brand with enduring equity, and a natural fit with our vision to build a strong, consumer-centric healthcare portfolio. We see significant opportunity to build on its strong foundation and unlock new avenues of growth in Pakistan."Vicks VapoRub will be available in pharmacies across Pakistan in the coming weeks.

GREE Electric Appliances Inc. has been ranked No. 1 globally by sales volume of premium residential air conditioners in 2025, according to a Market Position Statement issued by the international research and consulting firm Frost & Sullivan in July 2026. The premium category, as defined by Frost & Sullivan, covers residential air conditioners priced in the top 20 percent of all units sold in their respective regional markets. These are products chosen for higher energy efficiency, quieter operation, greater intelligence, refined design and superior build quality rather than for price alone, which makes leadership in this segment a measure of engineering strength rather than of volume. That strength has been built over decades of research and development. GREE today holds 50 independently assessed worldleading technologies spanning compressor design, system engineering, artificial intelligence and acoustics. Its AI-based energy management improves annual efficiency by up to 23 percent, while its SilenzX series operates at just 15 dB(A) indoors, a level recognised with a Gold Medal at the 51st International Exhibition of Inventions of Geneva. The company has also developed compressor technologies engineered specifically for extreme-heat climates. Those capabilities are directly relevant not only in Pakistan but globally, where GREE has been present since 2005 and has become one of the country’s most trusted airconditioning brands.

NUR Shanakht Speaker Series Explores Pakistani Cuisine and National Identity

LAHORE: NUR Shanakht Leadership Program hosted a special session of the NUR Shanakht Speaker Series at Fatima Memorial Hospital under the theme “Hamari Cuisine, Hamari Shanakht”. The discussion explored Pakistani food beyond taste, examining its deep connection with the country’s history, culture, geography, and national identity.The session was moderated by Maha Rehman, Co-Founder, NUR Foundation, with Hadia Dodhy supporting the discussion. Mrs. Shahima T. Rehman, Chairperson, NUR-Fatima Memorial System, Prof. Tayyab Abbas, and Mansoor Jamal Butt also attended the event. The panel featured Gauhar Bano Qureshi, Founder, The Loaf; Ammar Mohsin, Co-Founder, Rina’s Kitchenette; Sannan Tahir, Founding Partner, DOT Café; and Sara Kaleem, Brand Manager, Pop Up Kitchen. The panelists drew on their personal and entrepreneurial journeys to share practical insights with young people interested in food entrepreneurship.The discussion highlighted how eating together around a dastarkhwan and eating by hand remain distinctive elements of Pakistani social and cultural identity, while also exploring the influence of the British era on the growth of tea culture across the subcontinent. STAFF REPORT

diate contact with the control room, while an ‘SOS’ emergency button will allow them to alert the control room in emergency situations. The body-worn cameras will be connected with a central monitoring system, with live monitoring carried out at the respective district Safe City control rooms. CM Maryam Nawaz said the bodyworn cameras would not only facilitate monitoring but also help curb corruption. “Ensuring a sense of security among the public, particularly vulnerable segments, is the real measure of success,” she said. Maryam Nawaz said protection of the life and property of every individual in Punjab was the foremost responsibility of the government. CM’s message on International Day of Democracy Meanwhile, Chief Minister Maryam Nawaz on Tuesday said democracy was not merely a political system but a continuous process of ensuring the active participation of people in development. In a message on the occasion of International Day of Democracy, she said the day was meant to highlight the importance of democratic values and described democracy as a journey towards a balanced welfare society.

Sindh Bank Posts 274% Surge in Pre-Tax Profit to Rs4.05b for half year ended June 30, 2026 KARACHI

STAFF REPORT

Sindh Bank reported its Profit Before Tax of Rs.4.05-Billion in H1’26, up from Rs.1.08-Billion for H1’25 driven by manifold increase in Operating Profits attributable to resilient margins and hence significantly higher Net Markup Income. Profit After Tax for the H1’26 increased by nearly 5 Times to Rs.2.41-Billion compared to Rs.500Million in the same period last year. Total Equity of the Bank grew by Rs.1.22-Billion reaching to Rs 34.77-Billion at June 30, 2026. Bank’s Capital Adequacy Ratio stood at 21.81% as against the minimum requirement of 11.50% and maintained Rs 30.12-Billion as minimum capital against the requirement of Rs 10-Billion as on June 30, 2026 reflecting capital strength to pursue balance sheet growth. Deposits continued touching new peaks and reached to Rs.357-Billion at the end of June 2026 surpassing previous peak of Rs. 342-Billion witnessing increase of Rs.15-Billion over year ended December 2025. Bank also managed to improve deposit mix, Non-remunerative deposits in particular, which notably strengthened profitability. With the focus on customer widening, the number of account holders significantly increased with the addition of 197,975 new customer accounts. Bank achieved growth of Rs.10.8-Billion in private sector lending across all segments viz SME Finance, Agricultural Credit, Corporate Commercial Credit and Consumer Finance during first half of the year 2026. VIS Credit Rating Company Limited during the period reaffirmed Long Term Credit Rating of Bank to AA and short term rating to highest possible A-1+ with stable outlook.

Philip Morris Says Regulation Key to Reduce Healthcare Burden in Pakistan

ISLAMABAD STAFF REPORT

Pakistan needs to prioritise science-based regulation of smoke-free alternatives as part of a comprehensive strategy to reduce smoking-related harm, senior Philip Morris International officials said at a media briefing in Islamabad, citing stagnant quit rates, smoking as the leading cause of cancer in Pakistan, and nearly 164,000 tobacco-related deaths recorded in the country every year.According to the Global Adult Tobacco Survey 2024, only 24.1 per cent of smokers made a quit attempt in the past 12 months, virtually unchanged from 24.7 per cent in 2014. Around 22.7 million people currently use tobacco in Pakistan, with approximately 14 million adults smoking tobacco.Alexey Kim, Senior Director Corporate Affairs and International Campaigns at PMI, said “the central public health question is not whether smoking is harmful. It clearly is. The real question is how Pakistan can accelerate the decline in smoking while ensuring strong youth protections and effective regulatory oversight. Public policy is most effective when supported by evidence and measurable outcomes. Regulators around the world increasingly recognise that not all nicotine products present the same level of risk. Cigarettes remain the most harmful because they involve combustion, and this understanding has led many countries to adopt risk-proportionate regulations," he said.Kim added that any nicotine product available to adult consumers must be subject to robust quality standards and regulatory oversight to prevent the growth of unregulated markets.

wednesday, 16 September, 2026

Petrol, diesel prices PM UNDERSCORES BOOSTING EXPORTS surge again; HSD Rs415, petrol AS CORNERSTONE OF ECONOMIC GROWTH crosses nears Rs385 per litre

PRAYER TIMINGS

newS

ISLAMABAD

SALEEM JADOON

RIME Minister Muhammad Shehbaz Sharif on Tuesday directed that increasing exports be made the foundation of the country’s economic growth, with more sectors, alongside traditional export industries, prepared to enter international markets. “Effective measures should be taken to bring the quality of Pakistani products in line with international standards, strengthen quality assurance systems and ensure full compliance with international standards and regulations,” Premier Shehbaz emphasized while chairing a review meeting on improving the country’s exports and accelerating the pace of economic growth. The prime minister stressed the need to involve the maximum number of sectors and industries in export activities to diversify the country’s trade, said a statement issued by the Prime Minister’s Office (PMO).

Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar, Federal Ministers Rana Tanveer Hussain, Jam Kamal Khan, Dr Musadik Masood Malik, Ahad Khan Cheema and Muhammad Aurangzeb, Prime Minister’s Adviser Haroon Akhtar, Minister of State for Finance Bilal Azhar Kayani and sen-

Sindh Assembly demands abolition of petroleum levy

ior officers of relevant institutions attended the meeting, the statement said. PM Shehbaz emphasized giving special attention to value addition in exports to enhance both the value and competitiveness of Pakistani products in global markets. He directed the promotion of modern technology, research and innova-

tion in export-oriented industries. He said full advantage should be taken of digitalization and modern technology to bring the national economy in line with contemporary requirements. The prime minister directed that administrative and business hurdles faced by exporters be removed and the export process made easier, faster and more transparent. The meeting was briefed on progress in implementing the strategic roadmap approved for the promotion of exports. Various proposals concerning access to new international markets, diversification of export sectors, improvement in product quality and ease of doing business were also reviewed. The meeting held a detailed discussion on enhancing the global competitiveness of the country’s export sectors. It was informed that steps were being taken to conclude free trade agreements and preferential trade arrangements with several friendly countries to enhance access for Pakistani products to international markets.

Punjab, KP governments trade barbs over Afridi's Lahore protest LAHORE

KARACHI

Minallah says lawyers' movement betrayed as judicial independence erodes

STAFF REPORT

The Sindh Assembly on Tuesday unanimously passed a resolution urging the federal government to reduce petroleum prices and abolish the petroleum levy, as political pressure mounted over the rising cost of fuel. The resolution was moved by PTI-backed lawmaker Mohammad Owais and received support from both the provincial government and opposition members. Sindh Senior Minister Sharjeel Inam Memon endorsed the resolution, saying the provincial government fully supported the demand for withdrawal of the petroleum levy. “We fully support this resolution and demand that the federal government abolish the petroleum levy,” he said. Mr Memon said the rising prices of petroleum products were placing an increasing burden on the public and claimed that the federal government was collecting more than Rs100 per litre in petroleum levy. He urged Islamabad to withdraw the levy and take immediate measures to provide relief to consumers, warning that higher fuel prices were affecting the cost of living across the country. Addressing the assembly, the minister also criticised the Muttahida Qaumi Movement-Pakistan (MQM-P), a coalition partner in the federal government, for what he described as its silence over rising petroleum prices. “MQM-P is enjoying the perks of being in the government but refuses to speak to their coalition partner on the rising cost of petroleum products,” he said. He urged MQM-P’s federal representatives to raise the issue with the government and asked the party not to ignore public concerns in pursuit of political power. Mr Memon also challenged the opposition to clarify its position on the rising cost of fuel. Recalling the Pakistan Peoples Party’s past opposition to increases in petroleum prices, he said the PPP had withdrawn from a coalition government in 1988 after petrol prices were increased by Re1.

Seven former captains urge Australian FM to address Imran's detention SYDNEY

STAFF REPORT

Seven former Australia cricket captains have written to Foreign Minister Penny Wong, expressing concern over the continued incarceration of former Pakistan prime minister and PTI founder Imran Khan and describing the treatment of people in detention as a matter of “basic humanity”. According to Cricinfo, the signatories include Allan Border, Greg Chappell, Ian Chappell, Belinda Clark, Kim Hughes, Mark Taylor and Steve Waugh. The former captains said they were writing not as diplomats or political figures but as former cricketers who felt compelled to speak out over Imran’s situation. They made it clear that they were taking no position on the legal or political case against the PTI founder, saying those matters were for Pakistan to determine. Their concern, they said, was the treatment of anyone in detention, regardless of political affiliation. Imran, 73, has been imprisoned since 2023 and was sentenced late last year, along with his wife, to 17 years in prison in a corruption case that both deny.

ISLAMABAD

An inquiry into the deadly fire at the Pakistan Institute of Medical Sciences (PIMS) has found “systemic and institutional failure” at the hospital and concluded that an electrical fault was the most likely cause of the blaze that killed 14 newborns. The 43-page report, prepared by a committee headed by former interior secretary Shahid Khan on the directives of Prime Minister Shehbaz Sharif, said the tragedy was not the result of a single failed safeguard but of multiple weaknesses in fire safety, emer-

ZUHR

ASR MAGHRIB ISHA

5:48

1:30

5:00

Khyber Pakhtunkhwa (KP) Chief Minister Sohail Afridi on the second day of his Lahore visit reiterated allegations of police harassment of PTI workers, prompting the Punjab government to question his presence in the provincial capital and accuse him of neglecting governance issues in his own province. In a video message, Mr Afridi alleged that Punjab police had blocked routes, arrested party workers and removed tents from a protest camp as supporters continued the party’s street movement. He further claimed that police had switched off lights along some routes and closed petrol stations to prevent vehicles carrying protesters from refuelling. The KP chief minister said he had decided to remain in Lahore and would resume the street movement at 5pm. He claimed that a large number of Lahore residents had joined the movement on Monday even though his party had not issued a formal call for the protest. “We had not told anyone where we were going. The people of Lahore came out themselves,” he said. Mr Afridi also alleged that several PTI workers were detained in prison vans. He said he climbed onto one of the vehicles in protest and was subsequently taken away in another police van after sitting inside it. Describing the incident as his “abduction”, the chief minister

ISLAMABAD

STAFF REPORT

Former Supreme Court judge Athar Minallah has said the lawyers’ movement had raised hopes for democratic change in Pakistan, but the restoration of the judiciary was followed by a “betrayal” of the people who had stood behind the movement. Speaking at a panel discussion with former human rights minister Shireen Mazari and former senator Farhatullah Babar, Mr Minallah said freedom of expression had been at the heart of the lawyers’ movement, with continuous television coverage allowing citizens to follow political developments and hear competing viewpoints. “There was 24-hour live coverage, and the coverage did not

claimed he was driven around Lahore for nearly 15 minutes without security before being left on the roadside. He termed the episode a serious security risk and accused the Punjab government and police of attempting to suppress his party’s political activities as part of what he called a “well-planned conspiracy”. Mr Afridi also alleged that raids were being carried out at peo-

stop even for a minute,” he said, adding that political leaders from across the spectrum openly expressed their views. The resulting public awareness, he said, created a sense of hope among the people. However, Mr Minallah said the subsequent course of events amounted to a betrayal of those who had supported the movement. He identified as the first such betrayal the position adopted by sections of the judiciary and media in favour of reversing the 18th Amendment. Describing the constitutional amendment as a major development that empowered the provinces, he said the political crisis that followed its passage had continued to this day. He did not identify the forces that, in his view, wanted the amendment rolled back.

ple’s homes and that children were being abducted, while accusing the Punjab police of political bias. He warned that his party would respond strongly if anyone continued to obstruct its political activities. Later, the KP chief minister chaired a meeting of Punjab parliamentarians, where party leaders discussed plans for further public mobilisation.

ISLAMABAD

The parents of deceased businessman Mir Raza Ali are allegedly facing pressure following the statement of police surgeon Dr Summaiya Syed, their counsel Jibran Nasir told a judicial commission probing the case. Nasir told the commission that Mir Raza’s father received a late-night phone call in which the caller referred to Station House Officer Adil Afzal and claimed an FIR had already been obtained through him. According to the counsel, the caller also said he had spoken to DIG Amir Farooqi before asking Mir Raza’s father whether he suspected four individuals — Asif, Abid, Ahmed or Abdullah.

gency preparedness, maintenance and institutional oversight. The committee said PIMS and its senior management bore the principal institutional responsibility for failing to translate known risks, previous warnings and assigned duties into an effective safety system. It stressed, however, that administrative, disciplinary and criminal responsibility should be imposed only where the relevant duty, omission and causal link were established through evidence. According to the report, the National Forensics Agency identified the electrical supply cable near AC Unit No. 1, con-

Nasir said the caller became angry after Mir Raza’s father replied that he did not suspect any of them. Mir Raza, an IBA graduate and businessman, was found dead in Karachi’s Gulistan-e-Jauhar a day after he went missing on July 28. His father has consistently rejected the possibility that his son died by suicide and maintains that Mir Raza was murdered. The commission also recorded the statement of Mir Raza’s business partner, Asad Ali Butt, who provided details about their financial dealings. Butt said he worked in advertising and had never invested in stocks or cryptocurrency. He said he reconnected with Mir Raza in 2022 and later entered into a business arrangement with him.

nected to AC Unit No. 2, as the most probable point of ignition. The committee said abnormal localised electrical heating, potentially caused by excessive current, a high-resistance connection or another defect, most likely resulted in insulation failure and ignition of nearby combustible material. The inquiry found no evidence establishing arson, multiple points of ignition, an external fault involving the Islamabad Electric Supply Company (Iesco), a pre-fire oxygen leak, or an incubator or warmer as the source of the blaze. It also found no evidence of

deliberate locking-in of the newborns, conspiracy, sabotage, political protection, manipulation or concealment of casualties. Nor did it establish wholesale abandonment by frontline staff or a prolonged delay by Capital Emergency Services after confirmed notification. The committee said its conclusions were based on a 52-task investigation drawing upon forensic material, CCTV footage, call records, engineering and maintenance documents, clinical and casualty records, duty rosters, witness statements, contracts, regulatory records and previous inquiries.

8:00

AHMAD AHMADANI

Petrol and high-speed diesel prices have surged again, with petrol rising by Rs4.10 and diesel by Rs6.41 per litre, taking their cumulative increase during the past week to Rs34.37 and Rs31.37 respectively. The Petroleum Division announced that the Oil and Gas Regulatory Authority (OGRA), under the federal petroleum pricing mechanism, has revised the ex-depot prices of petroleum products for September 16, 2026. Under the latest revision, the price of high-speed diesel (HSD) has been increased by Rs6.41 per litre, from Rs409.42 to Rs415.83, while the price of motor spirit (petrol) has been raised by Rs4.10 per litre, from Rs380.24 to Rs384.34. The fresh prices are applicable for September 16, 2026, according to the Petroleum Division. The latest increase marks another major blow to consumers as fuel prices have continued to climb through a series of upward revisions during the past week. The Petroleum Division said the latest change was necessitated by global events, including changes in Platts rates, premiums and incidentals. Since September 8, petrol has increased from Rs345.87 to Rs380.24 per litre, representing a cumulative increase of Rs34.37 per litre in the prices applicable up to September 15. With the latest increase applicable for September 16, the overall rise from the September 8 starting level reaches Rs38.47 per litre. During the same period, HSD increased from Rs378.05 to Rs409.42 per litre, registering a cumulative increase of Rs31.37 per litre in the prices applicable up to September 15. Including the latest revision, the increase reaches Rs37.78 per litre. The successive increases mean motorists, transport operators, farmers, traders and businesses are facing a rapidly rising fuel bill within a matter of days. The impact is expected to extend well beyond filling stations as petroleum products remain deeply embedded in Pakistan's transport, agriculture, trade and industrial activities. Petrol is primarily consumed by motorcycles, cars, three-wheelers and other light vehicles. It is therefore directly linked with the daily travelling expenses of millions of commuters, particularly motorcycle users and lower- and middle-income households that rely on two-wheelers for commuting to workplaces, markets and educational institutions. The latest petrol increase will also raise the operating expenses of taxis, ride-hailing services, delivery businesses and other users of light vehicles. Where operators are unable to absorb the additional cost, the higher fuel expense can eventually translate into higher fares and service charges. Diesel has an even wider economic footprint because HSD is extensively used by trucks, buses, tractors, heavy vehicles and commercial transport. The latest Rs6.41 per litre increase will therefore put additional pressure on the cost of transporting goods from farms and factories to wholesale and retail markets. Higher diesel prices can particularly affect freight charges because trucks are the backbone of Pakistan's domestic movement of food, agricultural commodities, industrial raw material and consumer goods. Any sustained increase in freight costs can feed into the prices paid by consumers. The agriculture sector is also directly exposed to diesel prices. Tractors and other farm machinery depend heavily on diesel, while agricultural produce also requires diesel-powered transport to reach markets. Higher HSD prices can consequently increase cultivation, harvesting and transportation expenses and create additional pressure on food prices. Public transport operators are similarly vulnerable. Buses, coaches, vans and other commercial vehicles face higher operating costs with every increase in diesel prices.

Mir Raza’s family alleges pressure as judicial commission records fresh testimony STAFF REPORT

6:10

PROFIT

PIMS fire inquiry finds systemic failure, electrical fault most likely cause RAJA KASHIF ASHFAQ

FAJR SUNRISE

5:30

Published by Asad Nizami at Plot # 7, Al-Baber Centre, F/8 Markaz, Islamabad, for PT Print (Pvt) Limited. Ph: 051-2204545. Email: newsroom@pakistantoday.com.pk