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 […]

Pakistan’s Prime Minister Imran Khan will fly to Moscow this week to meet Russian President Vladimir Putin, Islamabad confirmed on Monday – the first such trip by a Pakistani leader in two decades. The two-day visit, starting on Wednesday, was planned before the current crisis over Ukraine. “During the Summit meeting, the two leaders will review the entire array of […]

“Most countries have an army, but Pakistan’s army has a country.” Pakistan has had a near continuous military dominance of both serving and retired General officers being co-opted into its bureaucracy by lateral induction. General Musharraf brought in officers at every level. Imran Khan Government appears to have beaten all earlier records in filling civilian posts with military officers into […]