Regionalism gained importance and dominance in the international politics; that is aimed at solving the regional problems through economic and security cooperation. The regional and subregional cooperation organisation such as Association of South East Asian Nations (ASEAN), European Union (EU), Arab League, Organisation of Islamic Countries (OIC) and many more are the example of regional cooperation and integration. In South […]

Pakistani security forces raided a militant hideout in the country’s northwest, triggering a firefight that killed one militant, the military said Saturday. The raid took place in the Spinwam area of the North Waziristan tribal district that long served as a safe haven for Islamic militants. The raid was part of a continuing operation to rid the tribal belt of […]

India and Pakistan benefit from trade, says Abdul Razak Dawood, Pakistan’s Prime Minister’s Adviser on Commerce and Textiles, Industry, Production and Investment. During a media interview for a Pakistan Trade Development Authority event on engineering and health care, Dawood remarked that India is beneficial for business. It was suggested by Mr. Dawood that Pakistan should increase its exports to nations […]

In a statement released on Feb. 12, the Tehreek-e Taliban Pakistan (TTP) distanced itself from international terrorism, declaring that its violence was singularly focused on Pakistan. The TTP also strikingly urged the United States to partner with it and the “innocent tribal masses” in defense of human rights instead of with “oppressive Pakistan,” which it alleges has been playing a […]

The Islamic Emirate of Afghanistan (IEA) government has acknowledged that IEA forces have clashed with Pakistani forces in Kandahar’s Spin Boldak district. IEA spokesman Zabihullah Mujahid confirmed the reports on Thursday and blamed the Pakistani military for starting the clashes. “There was a problem with Pakistani guards locally in the Spin Boldak district of Kandahar. “Unfortunately, the first shot was […]

Advanced weapons left behind by US and NATO in Afghanistan are finding their way to anti-Pakistan militant and separatist groups Sophisticated military weapons abandoned by retreating US and NATO forces in Afghanistan are now openly for sale at thriving illegal weapons markets in tribal areas along the Pakistan-Afghan border. Those markets are where several militant, separatist and terror groups operating […]

Security forces in Pakistan’s volatile southwest raided a militant hideout Wednesday, triggering an intense firefight that killed 10 insurgents, the military said. The operation took place in Hoshab, a remote district in Baluchistan province, the military said in a statement. It said the militants were involved in multiple recent attacks on security forces. Troops also recovered a cache of weapons […]

Oil & Gas Development Company (OGDC) is Pakistan’s largest oil & gas exploration and production company. It has also been classified Shariah compliant companies listed at Pakistan Stock Exchange. The Company has announced its 2QFY22 profits of Rs35.3 billion (EPS: Rs8.2), up by 87% YoY. Upsurge in profitability was led by maintaining the production levels along with uptick in oil […]

Pakistan’s Taliban movement, led by its most vicious and largest group, Tehrik-e-Taliban Pakistan (TTP) and apparently buoyed by the recent triumph of their ethnic Pashtun cousins in Afghanistan, is revitalizing its strategy either for regional autonomy or to overthrow Pakistan’s government and replace it with an Islamic Emirate of Pakistan — a Pashtunistan made up of Pashtuns, an ethnic group […]

Meezan Bank (MEBL) has reported its highest ever quarterly profit of Rs8.8 billion (EPS: Rs5.4) 4Q2021, up 115%YoY. The earnings remained higher than industry expectation due to strong growth in Net spread earned and other income. Net spread earned during 4Q2021 was reported at Rs20.4 billion, up 35%YoY led by strong deposit growth and increasing low cost deposits. On QoQ […]