Search form

You are here

  • Home
  • Islamic Development Bank to finance Pakistan dam, 'optimistic' about Afghan humanitarian fund


Islamic Development Bank to finance Pakistan dam, 'optimistic' about Afghan humanitarian fund

Chairman Islamic Development Bank Dr. Muhammad Sulaiman Al-Jasser gives an exclusive interview to Arab News in Islamabad, Pakistan, on March 22, 2022. (AN Photo)
Short Url

https://arab.news/4pfwa

Updated 22 March 2022
Follow

Islamic Development Bank to finance Pakistan dam, 'optimistic' about Afghan humanitarian fund

  • In an exclusive interview with Arab News, the bank’s chairman says Pakistan is the second largest borrower
  • Over the years, the Islamic Development Bank has supported Pakistan with $14.5 billion of financing
Updated 22 March 2022
SAIMA SHABBIR

ISLAMABAD: Chairman Islamic Development Bank Dr. Muhammad Sulaiman Al-Jasser said on Tuesday Pakistan was the second largest borrower of his bank, adding the two sides had signed an agreement of $180 million for the construction of Mohmand Dam only a day ago.
Al-Jasser is currently visiting Islamabad to attend the 48th session of the Council of Foreign Ministers (CFM) of the Organization of Islamic Cooperation (OIC).
He also witnessed the signing of the agreement on Monday to financially support the construction of the hydropower project.
“We have done financing of $14.5 billion over the years and Pakistan is the second largest borrower of the bank,” Al-Jasser told Arab News in an interview on the sidelines of the OIC conference, adding Pakistan was a very important member and good client of the bank.




Chairman Islamic Development Bank Dr. Muhammad Sulaiman Al-Jasser (right) gives an exclusive interview to Arab News in Islamabad, Pakistan, on March 22, 2022. (AN Photo)

“Yesterday, we signed a contract for [the construction of] Mohmand Dam which we are financing with about $180 million,” he continued.
Al-Jasser applauded Pakistan for launching several infrastructure projects in the last couple of years.
“I have learned that there are many other projects of the same significance in Pakistan,” he said. “So, I am very optimistic due to the developments taking place in this country.”
Asked about the future of the humanitarian trust fund established by the OIC under his bank, Al-Jasser said he was hopeful of its success due to OIC’s own track record.
“I am very optimistic because the OIC has created this fund and the OIC has a very good track record regarding its commitments,” he maintained. “I hope there will be good work [done] through this.”
Al-Jasser noted the fund would be utilized to finance the immediate needs of Afghan people in the first phase.
“Hopefully, it will go further than that when these needs are met,” he added.

Topics: 48th session of OIC-CFM in Pakistan

Pakistani ministry signs agreement with National Testing Service for selection of Hajj staff

Updated 20 sec ago
Follow

Pakistani ministry signs agreement with National Testing Service for selection of Hajj staff

  • Pakistan selects hundreds of assistants via competitive process every year to facilitate local pilgrims
  • Pakistan has received 82,000 applications for next year’s Hajj pilgrimage under government scheme
Updated 20 sec ago
SAIMA SHABBIR

ISLAMABAD: The Pakistani ministry of religious affairs has signed an agreement with the National Testing Service, which will hold exams for the selection of supervisors and assistants for next year’s Hajj pilgrimage, the ministry said on Thursday.

Pakistan selects hundreds of assistants and doctors from federal and provincial government departments via a competitive process every year to facilitate local pilgrims in performing the rituals of the annual pilgrimage in Saudi Arabia. 

Pakistan had received 82,000 applications for next year’s Hajj under the government scheme by Tuesday when the submission deadline ended. Saudi Arabia has allotted Pakistan a quota of 179,210 pilgrims, to be divided equally between government and private schemes. The government extended the deadline for applications twice this month, first from Dec. 3 to Dec. 10, and then to Dec. 17, as it aims to fill over 89,000 seats under the federal government quota. 

“Like last year, this year too, the selection of Hajj Assistants who will be sent on Hajj duty will be done through National Testing Service,” the religious affairs ministry said. 

“According to the agreement, staff will be appointed on the basis of merit as per the federal and provincial quotas, in which a specific ratio of new and experienced assistants has been kept … Government employees and officers of Scale 7 to 18 will be eligible to apply.”

The ministry said it would “soon” announce the selection through an advertisement. 

The ministry of religious affairs trains Hajj assistants and pilgrims every year ahead of their departure to Saudi Arabia to ensure all aspects of the pilgrimage process, including food, transportation, and accommodation in Makkah and Madinah, run smoothly. 

Pakistan last year sent 550 Hajj assistants and 400 doctors and paramedical staff to Saudi Arabia to facilitate pilgrims.

Topics: Pakistan Hajj mission Hajj 2025

Pakistani president calls for greater parliamentary cooperation with Saudi Arabia

Updated 5 min 6 sec ago
Follow

Pakistani president calls for greater parliamentary cooperation with Saudi Arabia

  • Chairman of Saudi Arabia’s Shura Council is on three-day visit to Pakistan
  • Council is legislative body that advises the king and his regulatory authority
Updated 5 min 6 sec ago
Arab News Pakistan

ISLAMABAD: President Asif Ali Zardari on Thursday met Dr. Abdullah bin Mohammed bin Ibrahim Al-Sheikh, the chairman of Saudi Arabia’s Shura Council, and discussed enhancing parliamentary cooperation and high-level exchanges with the Kingdom.

The chairman of the Shura Council, a legislative body that advises the king and his regulatory authority, is on a three-day visit to Pakistan, during which he has met Prime Minister Shehbaz Sharif, Senate Chairman Yousaf Raza Gillani, National Assembly Speaker Ayaz Sadiq and others.

“President Zardari has emphasized the need for enhancing parliamentary cooperation and high-level exchanges with the Kingdom of Saudi Arabia (KSA) to deepen the fraternal relationship between Pakistan and KSA,” the president’s office said in a press release on Thursday after he met the visiting dignitary. 

“He reaffirmed Pakistan’s commitment to further strengthening economic, political, and cultural ties with KSA for the mutual benefit of both nations … both sides emphasized the need to transform the longstanding bilateral relationship into a more robust and strategic partnership.”

Zardari also expressed concern over the conflict in the Middle East, saying Pakistan stood in solidarity with “brothers and sisters” from Palestine, Lebanon and Syria.

Pakistan and Saudi Arabia are longtime allies, with Islamabad seeking closer economic, defense and security ties with the Kingdom, host to nearly 2.5 million Pakistani expatriates and the largest source of remittances for the cash-strapped South Asian nation.

Topics: Pakistan Saudi Arabia ties Asif Zardari Saudi Shura Council

Pakistan says five killed, no information on missing as search ends in Greece boat tragedy

Updated 19 December 2024
Follow

Pakistan says five killed, no information on missing as search ends in Greece boat tragedy

  • Report in Geo News says at least 40 Pakistanis killed in migrant boat tragedy off Greek island of Gavdos last week
  • Six cases filed against suspects accused of facilitating transport of victims from Punjab to Libya where they boarded boats
Updated 19 December 2024
SAIMA SHABBIR

ISLAMABAD: Pakistan’s mission in Greece said on Thursday five Pakistanis had been killed in a migrant boat tragedy off the Greek island of Gavdos last week but it had “no concrete information” on how many of its nationals were missing.

The latest incident of the boat capsizing highlights the perilous journeys many migrants undertake due to conflicts and lack of economic opportunities in their home countries. 

In 2023, hundreds of migrants, including 262 Pakistanis, drowned when an overcrowded vessel capsized and sank in international waters off the southwestern Greek coastal town of Pylos. It was one of the deadliest boat disasters ever recorded in the Mediterranean Sea.

A report in Pakistan’s Geo News on Thursday said at least 40 Pakistanis had been killed in the latest tragedy, quoting the embassy in Athens. 

“So far, we have information of five dead Pakistanis and another 47 who have been rescued. No concrete information of missing persons is with us, and this is the final information available at this time,” an official at Pakistan’s mission in Greece told Arab News over the telephone, declining to be named.

“We are in contact with the authorities who have concluded their special search operation.”

The official added that regular patrolling would continue, and Greek authorities would inform the mission if any new information became available. He declined to comment on the Geo News report and referred Arab News to the foreign office. 

Speaking to Arab News, Foreign Office Spokesperson Mumtaz Zahra Baloch said the government had already released death toll figures and had no further information. 

“We cannot comment on people’s statements or claims regarding how many Pakistanis were on board until we receive evidence from the investigation,” she said in response to a question about the Geo News report that 40 Pakistanis were feared dead. “It is difficult to verify the claimed figure, as there was no official record of their travel.”

On Wednesday, Prime Minister Shehbaz Sharif ordered strict measures to combat human trafficking and demanded a detailed report on human trafficking incidents involving Pakistani citizens this year. 

Separately, the Federal Investigation Agency (FIA) has filed six cases against suspects accused of facilitating the transport of victims from Punjab to Libya, where they were subsequently sent on boats to Greece.

Greece was a favored gateway to the European Union for migrants and refugees from the Middle East, Africa and Asia in 2015-2016, when nearly 1 million people landed on its islands, mostly via inflatable dinghies.

Incidents with migrant boats and shipwrecks off Crete and its tiny neighbor Gavdos, which are relatively isolated in the central Mediterranean, have increased over the past year.

Topics: Greece boat disaster  greece boat accident

Pakistan calls for transport connectivity, trade corridors between D-8 developing nations

Updated 19 December 2024
Follow

Pakistan calls for transport connectivity, trade corridors between D-8 developing nations

  • PM Sharif is in Cairo to attend Eleventh Summit of D-8 countries, hold bilateral meetings with world leaders on forum’s sidelines
  • Pakistani PM will also and attend a special meeting on the ongoing conflict in the Middle East with a focus on Palestine and Lebanon
Updated 19 December 2024
Hasaan Ali Khan

ISLAMABAD: Pakistani Prime Minister Shehbaz Sharif on Thursday called for better transport connectivity and trade corridors between member states from the D-8 developing group of nations to boost regional trade and economic cooperation.

Sharif arrived in Cairo on Wednesday to lead the Pakistan delegation at the Eleventh Summit of D-8 countries, hold bilateral discussions with multiple world leaders on the sidelines of the forum and attend a special meeting on the ongoing conflict in the Middle East, with a focus on Gaza and Lebanon.

The D-8 grouping promotes economic and development cooperation among Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Türkiye. Key areas of cooperation are agriculture, trade, transportation, industry, energy and tourism.

The bloc’s latest summit is themed “Investing in Youth and Supporting SMEs: Shaping Tomorrow’s Economy.”

“Connectivity is a force multiplier and is rightly hailed as a vehicle for peace and prosperity,” Sharif said as he addressed the summit. “We need to explore the possibilities of developing and enhancing transport connectivity among D-8 member states for building efficient intra-trade corridors and reliable supply chains.

In this regard, the Pakistan, Iran and Turkiye corridor is an excellent project for very efficient connectivity.”

The Islamabad-Tehran-Istanbul Road Transport Corridor is a cross-border trade initiative aimed at improving road transport links and providing more efficient movement options for goods between South Asia, the Middle East and Europe.

Topics: D-8 summit Pakistan Prime Minister Shehbaz Sharif

Pakistan naval chief holds defense cooperation, regional security talks during visit to Oman

Updated 19 December 2024
Follow

Pakistan naval chief holds defense cooperation, regional security talks during visit to Oman

  • Oman is the nearest Arab country to Pakistan, because of which they share a maritime boundary
  • Last week, the Pakistan navy conducted joint naval exercises and drills with the Royal Oman ship ‘Alseeb’
Updated 19 December 2024
Arab News Pakistan

ISLAMABAD: Pakistani naval chief Admiral Naveed Ashraf is on an official visit to Oman to discuss defense cooperation, smuggling and regional maritime security, the military’s media wing said on Thursday.

Oman is the nearest Arab country to Pakistan, because of which they share a maritime boundary. Pakistan shares a unique ‘blood bond’ with Oman, one third of whose population originates from Pakistan’s Balochistan province, while the southwestern port city of Gwadar, which is 200 nautical miles from Oman, was transferred to Pakistan in 1958, before which it had remained gifted to the Sultan of Oman for 175 years.

“During the meetings, the security situation in the Indian Ocean and joint defense cooperation were discussed,” the military’s media wing said after Ashraf had separate meetings with the minister of the Royal Office of the Sultanate of Oman, and the commanders of the Omani Royal Navy and National Defense College.

“Naval Chief highlighted the role of Pakistan Navy in preventing piracy and smuggling,” the statement said. “Pakistan Navy is a strong supporter of promoting maritime security in collaboration with other regional countries.”

Last week, the Pakistan navy conducted joint naval exercises and drills with Royal Oman ship ‘Alseeb.’ The bilateral naval exercise, “Samar Al-Tayeb,” is conducted regularly between the navies of the two nations.

Topics: Pakistan Oman ties NAVAL CHIEF

Latest updates

Pakistani ministry signs agreement with National Testing Service for selection of Hajj staff
Pakistani president calls for greater parliamentary cooperation with Saudi Arabia
Palestinian health ministry says 4 killed in Israeli West Bank strike
Pakistan says five killed, no information on missing as search ends in Greece boat tragedy
Turkiye, Iran leaders at Muslim summit in Cairo

Search form

Print Edition
Read pdf version Subscribe now
© 2024 SAUDI RESEARCH & PUBLISHING COMPANY, All Rights Reserved And subject to Terms of Use Agreement.