ISLAMABAD: Wafi Energy Holding Limited has become the majority shareholder of Shell Pakistan Limited (SPL) after Shell Petroleum Company Limited, a subsidiary of global Shell plc (Shell), completed the sale of its 77.42 percent interest in SPL, a statement from the group said on Thursday.
Wafi Energy, an established Saudi company and an affiliate of the Asyad Group, now holds approximately 87.78 percent of the total issued share capital of SPL. The Shell brand will remain in Pakistan through retail and brand licensing agreements, with SPL as the exclusive brand licensee.
“Wafi Energy is excited to announce its entry into Pakistan by acquiring majority ownership of Shell Pakistan Limited. This marks a significant milestone in the Asyad Group’s commitment to expanding its presence in Pakistan and the region,” Ghassan Amoudi, CEO of Asyad Holding Group and incoming Chairperson of SPL, said.
“As the exclusive Shell Licensee, we are delighted that the Shell brand remains in Pakistan. This continuation builds on a strong legacy, supported by a team of highly skilled professionals who ensure customers have access to Shell’s premium fuel and lubricant offerings, all delivered with the highest safety and security standards.”
Waqar Siddiqui, the Chief Executive and Managing Director of Shell Pakistan Limited,said the company would continue to build a “sustainable energy future for Pakistan, combining Wafi Energy’s commitment to growth and investment and Shell’s strong legacy of innovation and trust in the country.
“This new chapter offers Shell Pakistan Limited the opportunity to build upon this strong foundation, ensuring the continued delivery of quality products to their valued customers.”
SPL is one of the oldest multinationals in Pakistan with a network of 600+ sites, countrywide storage facilities and a broad portfolio of global lubricant brands.
Shell has endeavored to support Pakistan’s developmental priorities, from developing and distributing energy by land, air and sea, to providing petroleum products for the construction of mega projects like the Mangla Dam and Kotri Barrage, expanding the country’s growing road infrastructure, to powering the first flights of Pakistan International Airlines, and supporting the next generation of innovative entrepreneurs in Pakistan.
Saudi Arabia’s Wafi Energy becomes majority shareholder in Shell Pakistan
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Saudi Arabia’s Wafi Energy becomes majority shareholder in Shell Pakistan
- Wafi Energy, an affiliate of Asyad Group, holds approximately 87.78% of the total issued share capital of SPL
- SPL has a network of 600+ sites, countrywide storage facilities and broad portfolio of global lubricant brands
Pakistan’s Noman Ali, Saud Shakeel move into top 10 Test rankings after England heroics
- Saud Shakeel moves to seventh spot in Test batters ranking while Noman Ali secures ninth spot in bowlers ranking
- Shakeel scored match-winning 134 against England in Rawalpindi Test in which Ali took nine wickets to script Pakistan win
ISLAMABAD: Pakistani cricketers Saud Shakeel and Noman Ali moved into the top 10 Test batter and bowlers’ rankings for the first time in their careers, the International Cricket Council (ICC) reported this week, based on their heroic performances against England this month.
Pakistani spinner Noman Ali and Sajid Khan spun Pakistan to a series victory against England this month, taking 39 wickets in two Test matches against the visiting side.
In Rawalpindi, Ali took nine wickets to spin Pakistan to victory over England in the series decider while Shakeel bagged the Player of the Match award for his stellar knock of 134 that helped Pakistan pile on an impressive lead.
“Left-handers Saud Shakeel of Pakistan and Rachin Ravindra of New Zealand have moved into the top 10 for the first time in their careers,” the ICC wrote on its website on Wednesday.
“Shakeel has advanced 20 slots to reach seventh position after his knock of 134 won him the Player of the Match award.”
Ali also made “huge progress” in the ICC bowlers’ rankings, as per the ICC.
“Noman is in the top 10 for the first time, moving up eight slots to ninth position after finishing with nine wickets in Rawalpindi as Pakistan won by nine wickets to clinch the WTC series 2-1,” the ICC said.
Pakistan’s series victory over England came after the South Asian side suffered a humiliating 2-0 loss to Bangladesh at home. This marked the first time Pakistan won a Test series at home after defeating South Africa in 2021 nearly four years ago.
Pakistan Navy rescues 23 stranded Iranian fishermen from Gulf of Aden
- Iranian vessel issued distress call after its engine broke down, crew member was injured, says Pakistan Navy
- Pakistan Navy says administered first aid to the injured crew member and repaired Iranian vessel’s engine
ISLAMABAD: The Pakistan Navy rescued 23 Iranian fishermen on Thursday from a sailing vessel that reported problems in its engine and injury to a crew member in the Gulf of Aden, the navy said in a press release.
Pakistan Navy Ship PNS Zulfiquar deployed on the Regional Maritime Security Patrol responded to a distress call made by Iranian fishing dhow, Al Muhammadi, which was stranded over 1,200 nautical miles from its home port, the navy said.
“PNS Zulfiquar promptly responded to a distress call of Fishing Dhow Al Muhammadi,” the Pakistan Navy said. “Upon communication with the Pakistan Navy ship, fishing dhow reported a seriously injured crew member as well defective engine and requested for necessary assistance.”
The Pakistani ship dispatched medical and technical teams to provide first aid to the fisherman who had injured his hand while repairing the boat’s engine. Two more sick crew members were provided medical assistance, the navy said.
The Iranian vessel’s engine was also repaired by the Pakistani team.
“In line with the national objective of ensuring peace and stability in the region, Pakistan Navy regularly deploys its assets on Regional Maritime Security Patrol,” it added. “During deployment, Pakistan Navy ships also provide assistance to ships operating at sea.”
The timely and successful rescue operation was an expression of the Pakistan Navy’s determination to ensure the safety of human life at sea, the Pakistan Navy said.
Pakistan has requested Iranian vessels and their crew members in the past. In March, the Pakistan Navy rescued eight Iranian fishermen after their boat caught fire in the open sea.
Two Afghans killed in targeted attacks inside Iranian territory bordering Pakistan — Kabul
- Kabul formed a committee to probe reported attacks targeting Afghan nationals this month in Iran’s Sistan-Baluchestan province
- Pakistan and Iran have hosted millions of Afghan refugees since the ‘80s who fled their country to seek refuge from conflicts
ISLAMABAD: Two Afghan nationals were killed while some others were injured this month in targeted attacks inside Iranian territory bordering Pakistan, Afghanistan’s Deputy Spokesperson Mullah Hamdullah Fitrat said on Thursday.
Afghanistan this month formed a committee headed by Deputy Minister of Interior for Security, Mullah Mohammad Ibrahim Sadr, to probe reports of the killing of Afghan nationals in Iran. The committee also featured representatives from Afghanistan’s Ministries of Defense, Foreign Affairs, Borders and Tribal Affairs, and the General Directorate of Intelligence.
The probe was announced after an Iranian rights group, known as Halvash, initially reported the alleged Afghan casualties in attacks this month, saying they occurred in Iran’s Sistan-Baluchistan border province with Pakistan.
“Thus far, based on the collected evidence, explosions and gunfire have targeted Afghan nationals within the Kalgan Valley, situated in Iranian territory,” Fitrat said in a press release that he posted on social media platform X.
“Presently, the bodies of two martyrs, along with 34 eyewitnesses, some of whom sustained injuries during the incident, have been repatriated by the committee.”
His statement did not specifically blame Iranian authorities for the killings.
The Afghan government spokesperson said certain Afghan individuals remain both in Iran and Pakistan, adding that the committee is “actively engaged” in locating and repatriating them.
“The investigation remains ongoing, and the committee persists in its efforts,” he wrote. “Detailed findings will be disseminated upon the conclusion of the investigation.”
Iran and Pakistan have so far not responded to the Afghan spokesperson’s statement.
Pakistan and Iran both host 90 percent of Afghan refugees, a report released by the United Nations in October 2023 said.
The two countries launched deportation drives to expel hundreds of thousands of Afghan nationals last year, which they said were staying in their countries illegally.
160 Pakistani MPs urge PM to lobby Washington against ‘political propaganda’ by Imran Khan’s party
- Over 60 Democratic lawmakers from the US House of Representatives have written to Biden asking him to secure Khan’s release from jail
- In letter to PM Sharif, ruling coalition MPs call on government to engage with US to counter the “unwarranted and inaccurate” commentary
ISLAMABAD: Over 150 parliamentarians from Pakistan’s ruling coalition have urged the government to engage with the US to counter “unsubstantiated political propaganda” against the country following a letter earlier this month by over 60 US lawmakers urging President Joe Biden to secure the release from jail of former prime minister Imran Khan.
Khan, arguably Pakistan’s most popular politician, was ousted from office after a parliamentary no-trust vote in April 2022 and has since waged an unprecedented campaign of defiance against the country’s powerful military and the Prime Minister Shehbaz Sharif-led government, which Khan’s Pakistan Tehreek-e-Insaf (PTI) party says rigged the Feb. 8 general election and formed a government with the backing of the army. Both deny the charge.
The former cricketer has been in prison since August last year in a slew of cases ranging from corruption to treason that he says are politically motivated.
Earlier this month, in a letter addressed to Biden, over 60 Democratic lawmakers from the US House of Representatives expressed concerns about the human rights situation in Pakistan and said elections held earlier this year saw a “historic level of irregularities.” They included “widespread electoral fraud, state-led efforts to disenfranchise voters in support of the Pakistan Tehreek-e-Insaf (Movement for Justice or PTI) party, the arrest and detention of large numbers of political leaders, journalists, and activists, and the continued imprisonment of former Prime Minister Imran Khan,” the letter said.
“We urged the Government of the Islamic Republic of Pakistan to direct the diplomatic mission in Washington DC to engage the members of Pak Caucus in the US Congress as well as signatories of this letter to highlight the correct perspective on the issue and caution them from falling prey to unsubstantiated political propaganda against the Pakistani Government, its officials and elected representatives of people of Pakistan, as well as the democratic institutions of the country and independent judiciary,” said an undated letter signed by 160 parliamentarians and addressed to Sharif. The letter was shared with the media on Thursday.
The MNAs expressed concern over the “unwarranted and inaccurate” commentary on Pakistani politics by American lawmakers, saying it reflected a “skewed view of realities” and exaggerated the “baseless” political narrative of ex-PM Khan’s PTI party. They said the US lawmakers’ letter was “tantamount to external interference” in the South Asian country’s internal matters and alleged the disinformation was spread by the PTI party as part of a campaign to “discredit the credible political process” in Pakistan and undermine its democratic institutions.
US Representative Greg Casar, who led the letter initiative, has said it marked the first such collective call from multiple members of the US Congress for the release of Khan, who otherwise has had testy relations with Washington as a long standing critic of US foreign policy.
Washington has said the February vote could not be characterized as free and fair. Britain, the European Union and the United Nations have also raised concerns.
Khan did not run since he was in jail, but candidates he backed secured the highest number of seats though his rivals formed a weak coalition government.
A UN human rights working group said in July Khan’s detention violated international law.
Pakistan moves Boeing aircraft by road in unprecedented Karachi-Hyderabad journey
- Decommissioned plane, previously stationed in Karachi, will be used for training purposes
- Transporting it on a 40-wheel trailer required dismantling its wings, engines and wheels
KARACHI: A private company in Pakistan’s southern Sindh province is moving a decommissioned Boeing 737 between cities via a major highway, with news channels widely reporting the development on Thursday.
The grounded 350-seat aircraft, previously stationed at Karachi Airport, is being shifted to Hyderabad for training purposes.
Transporting the plane on a 40-wheel trailer required dismantling its wings, engines and wheels to enable safe intercity travel on the M-9 Motorway.
Although Hyderabad is typically over two hours from Karachi at normal speeds, the journey is expected to take longer due to the aircraft’s cautious travel speed.
“The aircraft has crossed Karachi Toll Plaza and is now traveling from the M-9 Motorway toward Hyderabad,” a brief statement shared among media groups said, as local channels broadcast visuals of the plane mounted on the trailer.
“It will be driven at a speed of 20 to 30 kilometers an hour,” the statement added.
Pakistan’s Geo TV quoted the Motorway Police as saying that the highway between the two cities will not be blocked during the transfer.
The vehicle carrying the aircraft has been instructed to drive on one side of the road, escorted by Civil Aviation Authority staff and security.
“The plane is being moved as per protocol,” the channel reported.
