From bamboo stick to Olympic javelin gold medal, Pakistan’s Arshad Nadeem reflects on his past

Men’s javelin gold medalist, Arshad Nadeem (C) of Pakistan, stands with silver medalist, Neeraj Chopra (L), of India, and bronze medalist, Anderson Peters (R), of Grenada, on the podium at the 2024 Summer Olympics in Saint-Denis, France on August 9, 2024. (AP)
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Updated 16 August 2024
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From bamboo stick to Olympic javelin gold medal, Pakistan’s Arshad Nadeem reflects on his past

  • In a cricket-loving country, it was no surprise that Nadeem took up bat and ball initially
  • It was only after his elder brother and father suggested that he try his hand at javelin

ISLAMABAD: More than a decade after making a javelin from a bamboo stick in a small village in Pakistan’s Punjab province, Arshad Nadeem stunned the world with his Olympic gold medal-winning throw at the Paris Games.
“I made that javelin myself in 2012,” Nadeem told ARY News television as he recalled his early days in a sport which is nowhere near in popularity to what cricket is in Pakistan.
Nadeem has been a sensation in Pakistan since he won gold at Paris on Aug. 8, beating his subcontinental rival Neeraj Chopra of India, who took silver.
The throw has earned Nadeem over $1 million — Prime Minister Shehbaz Sharif has promised a sum of 150 million rupees ($538,000) and chief minister Punjab Mariam Nawaz handed him a check for 100 million rupees ($359,000) in his village last Tuesday.
Sindh chief minister Murad Ali Shah has also promised to give Nadeem 50 million rupees ($179,500).
In a cricket-loving country of 250 million, it was no surprise that Nadeem took up the bat and ball sport at a young age. It was only after his elder brother and father suggested that he try his hand at javelin or shot put that Nadeem forgot about cricket.
“(They) told me ‘try shot put or javelin because there’s a chance you might excel in an individual sport rather than team game like cricket,’” Nadeem said.
He hasn’t looked back since.
Four years after he took up the javelin, Nadeem rose on the international scene when he won bronze at the South Asia Federation in the Indian city of Guwahati. It was at that event when Nadeem first met Chopra, who won gold.
Chopra also won gold at the Tokyo Olympics where Nadeem threw a distance of 84.62 meters to finish fifth.
“I started to train for Paris soon after Tokyo Olympics because I knew it, I can do something special for Pakistan,” Nadeem said in the TV interview aired Thursday.




Men’s javelin gold medalist, Arshad Nadeem (C) of Pakistan, waves on the podium at the 2024 Summer Olympics in Saint-Denis, France on August 9, 2024. (AP)

Pakistan last won a gold medal at the Olympics in 1984 when its men’s field hockey team won in Los Angeles.
Pakistan was represented by only seven athletes at Paris, and after six of them failed to have any podium impact in swimming, track and shooting events, Nadeem said he was the sole hope of his country.
“I stopped watching social media two days before the qualifying round because I was the last hope of millions of Pakistanis back home,” Nadeem said.
He threw over 86 meters and qualified for the final round, but lost his run-up in the first throw and fouled. And then came his record-breaking throw of 92.97 meters in his second attempt.
“When he first came to me 12 years ago, I had a belief that one day he will go over the 90-meter mark,” said Nadeem’s initial coach Arshad Ahmed Saqi, who first sent Nadeem to a provincial level tournament in Lahore in 2012 from a small village of Mian Channu district in Punjab province.
Nadeem said he was “90 to 95 percent” sure after his second throw that he would win gold, but he kept on trying to go further in his remaining four attempts.




Men’s javelin gold medalist, Arshad Nadeem (C) of Pakistan, waves to people outside his village in Mian Channu, Khanewal district on August 11, 2024. (AP)

“I knew it I could do it,” Nadeem said. “Even my last throw was over 90 meters because I believed in myself. Hopefully one day I will break the world record.”
Back home his family was up late at night and overnight — due to the time difference with Paris — watching Nadeem live on television.
His wife Ayesha was also praying.
“I didn’t sleep for three nights,” said Ayesha. “I knew he could do it, and I didn’t stop praying for him.”


Saudi EXIM Bank signs $15m deal with Pakistan’s Bank Alfalah to boost trade

Updated 21 January 2025
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Saudi EXIM Bank signs $15m deal with Pakistan’s Bank Alfalah to boost trade

  • Agreement designed to enhance Kingdom’s exporters access to Pakistani markets
  • In October, businesses from both countries signed agreements worth $2.8 billion

RIYADH: The Saudi Export-Import Bank and Pakistan’s Bank Alfalah have inked a $15 million financing agreement, designed to enhance Kingdom’s exporters access to Pakistani markets and foster stronger trade and economic ties.

The new credit line deal seeks to increase the flow and competitiveness of the Kingdom’s non-oil exports as well as unveil new trade horizons between the two countries, the Saudi Press Agency reported.

This falls in line with Pakistan’s efforts to strengthen trade and investment ties with the Kingdom, with the Saudi government reaffirming its commitment in September to fast-track a $5 billion investment package for the Asian country.

This also aligns with Saudi EXIM’s goal of diversifying the Kingdom’s economy by offering financing and insurance products for non-oil exports in support of Vision 2030.

“The agreement comes within the bank’s efforts to strengthen strategic relations with international banks and financial institutions to provide financing solutions that contribute to the development of Saudi non-oil exports and enhance their competitiveness in Pakistani markets, by encouraging importers from Pakistan to import Saudi products and services, which opens up broad prospects for the development of trade and investment between the two countries, and creates more promising trade and investment opportunities,” said General Director of the Finance Department at Saudi EXIM Bank Abdul Latif bin Saud Al-Ghaith.

The Group Head of Corporate, Investment Banking, and International Business at Bank Alfalah, Farooq Ahmed Khan, said: “The agreement between Saudi EXIM Bank and Bank Alfalah Ltd. is a milestone in strengthening trade relations between the Kingdom and Pakistan.”

He added: “The financing line will enable Pakistani companies to access high-quality products in the Kingdom and will also enhance the volume of trade exchange between the two countries. 

“We at Bank Alfalah are proud to play a pivotal role in promoting trade and investment opportunities that are in line with the shared vision to strengthen and grow the economies of both countries.”

In October, Saudi businessmen expressed hope for successful collaborations in Pakistan, saying the country’s economic stability and improved regulatory framework had made it an attractive investment destination, following the signing of over two dozen deals between companies from both nations.


Pakistan condoles loss of lives as Turkiye ski resort fire kills 66

Updated 21 January 2025
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Pakistan condoles loss of lives as Turkiye ski resort fire kills 66

  • Fire erupted overnight in hotel of Turkiye’s Kartalkaya ski resort
  • Pakistan stands shoulder-to-shoulder with Turkiye, says foreign office

ISLAMABAD: Pakistan’s foreign office on Tuesday condoled over the loss of lives caused by a deadly fire at a ski resort in Turkiye that killed at least 66 people and wounded over 50 others. 

The blaze erupted overnight in the restaurant of the hotel in the famous Kartalkaya ski resort in Bolu province on Monday. 

Television footage showed the roof and upper floors of the building engulfed in flames as witnesses and reports indicated that the hotel’s fire detection system had failed to activate. 

As per reports, 234 guests were staying at the hotel when it caught fire.

“The government and people of Pakistan are deeply saddened by the devastating fire at a hotel in the Kartalkaya ski resort in Bolu, Türkiye this morning,” the foreign office said.

“Pakistan extends its heartfelt condolences to the Government and people of Türkiye, particularly to the families who have lost their loved ones.”

The foreign office said Pakistan stands shoulder-to-shoulder with Turkiye, reaffirming its solidarity with the nation. 

According to the state-owned Anadolu Agency, Turkish Justice Minister Yılmaz Tunç said four people, including the business owner, were detained over the fire incident.

He said six public prosecutors were assigned to the probe, adding that a team of experts were looking into the cause of the fire.

Kartalkaya, which lies about 295 kilometers east of Istanbul, is one of Turkiye’s premier winter tourism destinations that attracts thousands of visitors every winter.


Pakistan contacting UAE to extradite real estate tycoon accused of graft— state media

Updated 21 January 2025
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Pakistan contacting UAE to extradite real estate tycoon accused of graft— state media

  • State media alleges Malik Riaz Hussain has illegally occupied lands owned by state, private persons
  • Hussain, who is co-accused in land graft case involving former PM Imran Khan, denies wrongdoing

ISLAMABAD: Pakistan’s government is reaching out to the United Arab Emirates (UAE) to extradite real estate tycoon Malik Riaz Hussain, the co-accused and proclaimed offender in a land graft case involving former prime minister Imran Khan, on charges of building housing societies on lands he does not legally own, state-run media reported on Tuesday. 

Hussain, currently residing in the UAE, is one of Pakistan’s richest and most powerful businessmen and biggest private employers. He is known for being the chairman of Bahria Town Limited, which calls itself Asia’s largest private estate developer.

The development takes place after a Pakistani court last Friday sentenced Khan to 14 years in prison and his wife, Bushra Khan, to seven years in jail. Both were accused of receiving land as a gift from Hussain during Khan’s premiership from 2018 to 2022 in exchange for illegal favors. 

Khan says he and his wife were merely trustees and did not benefit from the land transaction. Hussain has also denied being involved in any wrongdoing related to the case. 

“The Government of Pakistan is reaching out to the Government of United Arab Emirates for the extradition of Malik Riaz through legal channels,” state broadcaster Radio Pakistan reported. 

Radio Pakistan said Pakistan’s anti-corruption watchdog is conducting an inquiry against Hussain and his accomplices for fraud, deceptive practices and cheating the public at large.

It said the National Accountability Bureau (NAB) has credible information that Hussain and his accomplices not only illegally possessed and occupied state-owned land but also land belonging to private persons in Karachi, Takht Parri, Rawalpindi and New Murree areas. 

The state broadcaster said Hussain is developing housing societies on these lands 
without obtaining regulatory permissions, accusing him of committing fraud against the state and public amounting to billions of rupees. 

It mentioned that Riaz has recently launched a project to construct luxury apartments in Dubai, warning the public against investing in it. 

“The general public at large is hereby advised and warned to refrain from investing in the stated project,” it said.

“If the general public at large invests in the stated project, their actions would tantamount to money laundering, for which they may face criminal and legal proceedings.”

Hussain has not responded to the latest allegations against him. However, in May 2024, the real estate tycoon took to social media platform X to condemn a raid by NAB at his company’s offices in Pakistan. 

Hussain vowed not to give in to “bullying.” The post, however, was a cryptic one as the real estate developer did not state specifically who was pressurizing him.


Pakistan says it has agreed $1 billion loan with two Middle Eastern banks

Updated 21 January 2025
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Pakistan says it has agreed $1 billion loan with two Middle Eastern banks

  • Loans are short-term with 6 to 7 percent interest rate, says Muhammad Aurangzeb
  • Pakistan aims to boost finances after securing $7 billion IMF bailout in September

DAVOS, Switzerland: Pakistan has agreed terms for a $1 billion loan with two Middle Eastern banks at a 6%-7% interest rate, its Finance Minister Muhammad Aurangzeb told Reuters on Tuesday, as the South Asian country looks for more financing.

“With two institutions we have now gone forward in signing up the term sheet — one bilateral and one for trade (finance),” Aurangzeb said during an interview on the sidelines of the World Economic Forum annual meeting in Davos.

The loans were short-term — or up to one year, Aurangzeb added.

Pakistan aims to boost its finances after securing a $7 billion International Monetary Fund (IMF) bailout in September 2024, with the first review set for late February.

“We have the first formal review of the EFF coming through toward (the) end of February,” Aurangzeb said. “I do think we are in good stead for that review.”

IMF extended fund facilities (EFFs) provide financial assistance to countries facing serious medium-term balance of payments problems resulting from structural weaknesses that require time to address.


Pakistan invites Cambodian businesses to invest in agriculture, tourism, textile sectors

Updated 21 January 2025
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Pakistan invites Cambodian businesses to invest in agriculture, tourism, textile sectors

  • Commerce Minister Jam Kamal attends inaugural Pakistan-Cambodia Joint Trade Committee in Phnom Penh
  • Pakistan and Cambodia’s bilateral trade of goods and services valued at $45.5 million, says commerce ministry

ISLAMABAD: Pakistan’s Commerce Minister Jam Kamal Khan on Tuesday invited Cambodian businesses to explore investment opportunities in the country’s agriculture, textiles, pharmaceuticals and tourism sectors, his ministry said, as Islamabad eyes foreign investment to ward off a prolonged economic crisis. 

The development took place as both sides took part in the inaugural session of the Pakistan-Cambodia Joint Trade Committee (JTC) in Phnom Penh. 

Khan arrived in Cambodia on Jan. 19 for a three-day official visit to the country to engage in bilateral trade talks amid Islamabad’s push to seek closer trade ties as it targets sustainable economic growth. 

“Pakistan’s Minister for Commerce highlighted Pakistan’s strategic location, growing economy and investment-friendly policies, inviting Cambodian businesses to explore opportunities in agriculture, textiles, pharmaceuticals and tourism,” Pakistan’s Commerce Ministry said. 

The minister stressed Pakistan’s efforts to improve ease of doing business and its potential as a gateway to key markets in South Asia, Central Asia and the Middle East.

The ministry further said Khan and Cambodian Commerce Minister Cham Nimul discussed mutual interests such as trade, health, banking, agriculture, aviation and customs. 

She appreciated the first JTC meeting between the two sides and expressed interest in visiting Pakistan for the second JTC meeting after Khan extended her a formal invitation. 

Nimul called for exploring joint ventures to leverage regional opportunities, highlighting Cambodia’s market access within the Association of Southeast Asian Nations (ASEAN) region, Pakistan’s commerce ministry said. 

“Both countries also expressed interest in MoUs for aviation, banking, and customs cooperation,” the statement said. 

“With bilateral trade currently valued at $45.5 million, both sides acknowledged significant untapped potential and committed to building stronger ties.”

The ministry said both sides will appoint focal persons to expedite negotiations for signing MoUs aimed at enhancing cooperation. 

Additionally, Pakistan and Cambodia also agreed to share trade-related information, organize trade delegations and facilitate their respective business communities.