ISLAMABAD: The Ministry of Foreign Affairs said that Pakistan remains fully confident in the strength of its comprehensive nuclear security regime and the robustness of its command and control structures.In response to a media query regarding remarks made by former US National Security Advisor John Bolton to an Indian media outlet, and Indian Defence Minister Rajnath Singh’s statement on Pakistan’s nuclear weapons, the spokesperson “It is ironic that John Bolton’s remarks were prompted by a statement from Rajnath Singh—a leader affiliated with a Hindu extremist organization, known for repeatedly issuing threats of aggression against Pakistan.”In reality, he said the international community should be more concerned about India’s nuclear arsenal being controlled by individuals like Rajnath Singh, who harbor well-documented hostility toward Pakistan and Muslims, and exhibit dangerous delusions of grandeur.“The escalating radicalization of India’s political landscape, media, and segments of its society raises legitimate nuclear security concerns. These concerns are further exacerbated by the persistence of a nuclear black market in India, highlighting serious deficiencies in its nuclear security framework — as evidenced by recurring incidents of theft and illicit trafficking of sensitive nuclear materials,” he added.

The Oil and Gas Regulatory Authority (OGRA) has given approval for gas price adjustments for several areas in Pakistan, including Sindh, Balochistan, Punjab, Khyber Pakhtunkhwa (KP), and Islamabad, ARY News reported. The decision is applicable for both Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC), with varying changes in pricing.According to reports, a reduction in gas prices has been recommended for Sindh and Balochistan by OGRA. While an increase in price has been suggested for Punjab, KPK, and Islamabad.Specifically, a decrease of Rs 103.95 per MMBTU will be seen by Sui Southern Gas Company (SSGC), whereas Sui Northern Gas Pipelines Limited (SNGPL) will face a surge of Rs 116.90 per MMBTU.The rising import costs of RLNG (Regasified Liquefied Natural Gas) are linked to the price increase in SNGPL.OGRA has suggested that the federal government monitor gas management policies and set pricing adjustments, category-wise, to respond to financial shortfalls for the fiscal year 2025-26.These gas price adjustments will finally be implemented, depending upon how soon the government approves, after which OGRA will issue an official notification.The adjustments focus on sustaining financial necessities, with SNGPL requiring Rs527.55 billion and SSGC needing Rs319.78 billion to balance operations.According to industry experts, these changes could remarkably impact both domestic and industrial consumers, mainly in regions facing price hikes.The decision of the government on protected consumer categories will decide whether lower-income households will suffer the effects of these adjustments or if the burden will be shifted to high-end consumers.The new gas price adjustments are likely to take effect from January 1, 2025. The decision is still pending in this regard.Read More: NEPRA concludes hearing on K-Electric’s FCA relief requestThe National Electric Power Regulatory Authority (NEPRA) has concluded its hearing on K-Electric’s appeal for conditional monthly Fuel Charge Adjustments (FCA) for March 2025.K-Electric requested a PKR 5.02 per unit relief, quoting the fluctuations in global fuel rates and variations in the energy mix.NEPRA is likely to circulate its conclusion, specifying the FCA amount on the customer bills and the tenor of it, which will be applicable.

Javed alias Langra, a worker of the Muttahida Qaumi Movement (MQM) London faction, passed away in New Delhi, India, ARY News reported.According to sources, Javed alias Langra had fled to India following operation in 1992 and was wanted in Pakistan for his alleged involvement in terrorism and dozens of other hardcore cases.He was wanted in several high-profile terrorist activities in Karachi, particularly in the Lines Area of the city. A former MQM-London official also confirmed Javed alias Langra’s death, saying that he had been undergoing dialysis for kidney disease.Last night, he suffered a heart attack which proved fatal.https://www.youtube.com/watch?v=-gut0KdgMtw  

KARACHI: The Sindh government has imposed a super tax on agricultural income under the Sindh Agricultural Income Tax Act 2025, ARY News reported.According to the Sindh Revenue Board (SRB), the super tax on agricultural income will be applicable from January 1, 2025, and will be collected on an annual basis.The super tax will not be applied to individuals earning less than Rs 150 million annually. As per the structure, a 1 percent super tax will be imposed on incomes between 150 million and 200 million rupees.Those who are earning Rs 200 million to Rs 250 million will have to pay 2 percent tax, while 3 percent super tax has been imposed on income of Rs 250 million to 300 million.Similarly, those who are earning Rs 300 million to 350 million will have to pay 4 percent tax. According to the SRB, a 6 percent tax is imposed on incomes between Rs 350 million and Rs 400 million, and for incomes ranging from Rs 400 million to Rs 500 million an 8% super tax will be applied.While agricultural incomes exceeding Rs 500 million rupees will face a 10% super tax, as confirmed by the SRB.Read More: Sindh Assembly passes Agriculture Income Tax bill 2025Earlier in February, the Sindh Assembly passed the Agriculture Income Tax Bill 2025.“We have been bluntly told that the IMF team will not arrive, and the country will default if the agriculture tax bill not passed into a law,” Sindh CM Murad Ali Shah, speaking at the floor of the house said.“When you point out a wrong path to the IMF, they will stick with it,” chief minister said.“They don’t know what the difference between a Hari (tiller) and a landholder is,” addressing the house Sindh CM said.Chief Minister said that that the FBR has been a hotbed of corruption. “We are told that the Federal Board of Revenue (FBR) will collect this tax,” he said. “The FBR could not achieve its targets,” he said.

ISLAMABAD:  The National Electric Power Regulatory Authority (NEPRA) has concluded its hearing on K-Electric’s appeal for conditional monthly Fuel Charge Adjustments (FCA) for March 2025. K-Electric requested a PKR 5.02 per unit relief, quoting the fluctuations in global fuel rates and variations in the energy mix.NEPRA is likely to circulate its conclusion, specifying the FCA amount on the customer bills and the tenor of it, which will be applicable.NEPRA hearing on K-Electric FCA is a vital move in defining electricity tariffs for consumers of Karachi.Fuel Charge Adjustments (FCA) are a general way used as a standard mechanism for utility companies to manage changes in fuel prices.Read More: NEPRA rejects K-Electric’s reply on Karachi loadsheddingOnce NEPRA evaluate and approves these adjustments, they are included in customer bills.If global fuel prices decline, customers can also have an advantage from lower K-Electric FCA  rates. NEPRA sets the prices on bills that customers eventually pay, which are announced by the Federal Government.K-Electric has also expressed adjustments related to degradation curves, part load, and startup costs, determining the Generation Tariff for its power plants post-June 2023.NEPRA has been requested to consider recovering these costs from negative fuel cost differences to avoid future financial loads on consumers.As per the decision of the company, the negative FCA will apply to all consumer categories except lifeline consumers, domestic protected consumers, Electric Vehicle Charging Stations (EVCS), and prepaid electricity consumers who have opted for prepaid tariffs.About K-ElectricK-Electric (KE) is Pakistan’s consolidated power utility, providing electricity to Karachi and its connecting areas.K-Electric was initially established in 1913 as KESC, and it was privatised in 2005. KE is mainly owned (66.4%) by KES Power, a consortium of investors including Al-Jomaih Power Limited (Saudi Arabia), National Industries Group (Holding) (Kuwait), and the Infrastructure and Growth Capital Fund (IGCF).The Government of Pakistan has a 24.36% stake, while the remaining shares are publicly traded.

KARACHI: In the wake of recent unrest in Moro, the Sindh government on Thursday removed Senior Superintendent of Police (SSP) Naushahro Feroze Sanghar Ali from his position, ARY News reported.According to a notification issued here, Bashir Brohi has been appointed as the new SSP of Naushahro Feroze, taking over the role to address the escalating situation in the district.Meanwhile, Sanghar Ali has been directed to report to the Central Police Office (CPO) in Karachi for further instructions.Earlier on Wednesday, the district administration in Naushehro Feroze imposed section 144 for a period of 30 days in the wake of deteriorating law and order situation in Moro.Gatherings of any kind, including processions and demonstrations, and the carrying or exhibition of firearms and other weapons is strictly forbidden.The decision was made following recommendations from Deputy Commissioner Arslan Salim and Senior Superintendent of Police (SSP) Sanghar Malik. Commissioner Moro, Nadim Abro, cited the prevailing situation as the primary reason for invoking Section 144,.The enraged workers nationalist groups, who were protesting against contentious canals on Indus River project, set fire to the residence of Sindh Home Minister Ziaul Hassan Lanjar and several containers on the National Highway on Tuesday.The protest was organized by nationalist groups against a controversial canal project in Moro, Naushahro Feroze, turned violent, leading to arson and clashes with law enforcement.Read More: Sindh minister’s residence torched as violence erupts in Naushahro FerozeThe provincial home minster said that his residence in Moro was set ablaze. According o police, the protestors attacked police personnel, including those from the Highway Security Organization (HSO), and looted bags of fertilizer from a trailer, fleeing with the stolen goods on motorcycles.The unrest had also caused significant disruption, with the National Highway blocked, exacerbating tensions in the area.Sindh Home Minister Zia ul Hassan Lanjar said that elements challenging the writ of law will face iron-fisted action.

SARGODHA: Chief Minister Punjab Maryam Nawaz Sharif on Thursday inaugurated the 'largest project' in Sargodha, the Nawaz Sharif Flyover. The flyover that is 1.3 km long, completed in eight months, which is a record time, is likely to ease traffic, and it will bring improvement in connectivity to thousands of travelers.At the inauguration ceremony, Maryam Nawaz Sharif examined the Nawaz Sharif Flyover and complimented the quality of its construction.Provincial Minister Sohaib Ahmad Bharth briefed CM Maryam Nawaz about the flyover, highlighting the impact of the project on local transportation.Rs. 2.2 billion worth of project, ‘The Nawaz Sharif Flyover’ is expected to enhance travel for the residents of Bhakkar, Khushab and Mianwali, accommodating over 30,000 vehiclesThe project will also include service roads and a sewer channel box to help traffic move with flow and improve urban planning.The Nawaz Sharif Flyover is likely to spur economic activity and make it easier to get to Sargodha from nearby districts.Read More: CM Maryam Nawaz approves development plan for 12 districtsEarlier, Punjab Chief Minister Maryam Nawaz Sharif chaired a six-hour meeting to evaluate the Punjab development program, highlighting that the first time a chief minister has given approval of the annual development plan for 12 districts.In the meeting, anti-encroachment efforts, urban beautification, and infrastructure improvements across Punjab were reviewed.While Commissioners and deputy commissioners from all districts were the participants of the meeting, ensuring a complete review of all projects in progress.Initiatives that come under the Punjab development program Encroachment Removal & Beautification Infrastructure Upgrades Public Transport & Market Improvements Restoration of Historical Places Major City-Specific ProjectsThe Punjab development program intends to improve city infrastructure, improve public places, and boost business activity across the province.Chief Minister Maryam Nawaz Sharif highlighted that eradicating encroachments and ensuring lasting development are top priorities.

ISLAMABAD: Chief of Army Staff (COAS) General Syed Asim Munir has officially been presented with the Baton of Field Marshal in a prestigious ceremony held at the President House in Islamabad. President Asif Ali Zardari and Prime Minister Shehbaz Sharif conferred the Baton on General Syed Asim Munir, who became the second Field Marshal in Pakistan’s history, following his promotion on May 20, 2025, for his leadership during Operation Bunyanum Marsoos. Chief ministers of Punjab, Sindh and Balochistan, federal ministers, services chiefs, and senior officials also attended the meeting.Initially, the ceremony was scheduled for Wednesday but was postponed at the personal request of Field Marshal Syed Asim Munir due to the tragic Khuzdar incident, where a school bus bombing claimed several lives, including children.Pakistan Muslim League-Nawaz President Nawaz Sharif, Pakistan People's Party Chairman Bilawal Bhutto Zardari also attended the ceremony.https://www.youtube.com/watch?v=s3f7l89gC6IField Marshal Rank in PakistanThe Field Marshal rank in the Pakistan Army is the highest military honor, equivalent to a five-star rank with a NATO code of OF-10.It surpasses the rank of a four-star General and is equivalent to Fleet Admiral in the Pakistan Navy and Marshal of the Air Force in the Pakistan Air Force. It serves as a national accolade, symbolizing exceptional service, strategic brilliance, and leadership during pivotal moments in Pakistan’s history.The rank is not part of the routine promotion system and is bestowed only through a joint decision by the Prime Minister, President, and federal cabinet, typically in recognition of wartime achievements or extraordinary contributions to national security. The appointment process involves constitutional oversight, ensuring that the rank remains honorary and does not confer unsanctioned political or administrative power, as mandated by Pakistan’s Constitution.Historically, only two individuals have held this rank in Pakistan. The first was General Muhammad Ayub Khan, who promoted himself to Field Marshal in 1959 after assuming the presidency through a military coup. His elevation was controversial, tied more to political consolidation than battlefield success. In contrast, the second instance, General Asim Munir’s promotion in 2025, is seen as a recognition of genuine military leadership during a critical conflict.

ISLAMABAD: Prime Minister (PM) Shehbaz Sharif on Thursday said that the government is taking effective measures to achieve maximum benefits from the World Bank’s development investment.The prime minister passed these remarks in a meeting with a World Bank delegation led by Managing Director of Operations Anna Bjerde that called on him in Islamabad. PM Shehbaz  lauded the World Bank’s ‘key’ role as an important development partner in Pakistan’s progress.The prime minister hoped that the World Bank’s Country Partnership Framework would bring more than $20 billion in development investment to Pakistan, said a press statement issued here.PM Shehbaz also appreciated the World Bank’s assistance to the victims of 2022 floods in Pakistan that had impacted millions of people, destroying livelihoods and properties.In her remarks, World Bank Managing Director Anna Bjerde said that the World Bank valued its historic partnership with the Government of Pakistan for the development and prosperity of its people.She also expressed special gratitude to Prime Minister Shehbaz for his effective role in strengthening the partnership and implementing the Country Partnership Program.Also appreciating Pakistan’s recent exemplary economic performance and stability, she said that through its positive actions for macroeconomic stability, Pakistan had achieved the impossible.She said that the World Bank looked forward to continued cooperation to achieve the positive outcomes of the Country Partnership Framework.The managing director viewed that the prime minister’s leadership, his commitment to the uplift of the Pakistani people, policy continuity for sustainable and inclusive growth, and efforts to engage all stakeholders at the political level, made Pakistan a model for the World Bank’s partnership framework in other countries.Read More: Global investors’ confidence in Pakistan’s economy restored: WBShe said that due to the prime minister’s excellent and effective leadership, the Country Partnership Framework was being referred to globally as the “Pakistan Model”.She expressed the hope that Prime Minister Shehbaz’s focus on practical actions would lead this partnership framework to success.The meeting was also attended by World Bank’s Country Director for Pakistan Najy Benhassine, as well as federal ministers Ahsan Iqbal, Ahad Khan Cheema, and Shaza Fatima Khawaja, Prime Minister’s Advisor Dr. Tauqir Shah, Senator Sherry Rehman, Member of National Assembly Dr. Nafisa Shah, and other senior officials.

Karachi, May 22, 2025 – The Pakistani Rupee (PKR) maintained stability against the US Dollar (USD) in the open market on Thursday, closing at Rs. 282.05, according to the latest figures from market. The rupee’s steady performance reflects cautious market sentiment amid stable foreign exchange reserves and consistent remittance inflows.In the open market, the US Dollar’s buying and selling rates were reported at Rs. 281.80 and Rs. 283.20, respectively, showing a narrow trading band. Other major currencies displayed mixed trends. The Saudi Riyal (SAR) stood at Rs. 75.21, supported by strong remittance flows from Pakistani workers in Saudi Arabia. The UAE Dirham (AED) was priced at Rs. 76.80, reflecting its peg to the US Dollar. The British Pound (GBP) remained strong at Rs. 378.74, driven by the UK’s resilient economic outlook.The Australian Dollar (AUD) traded at Rs. 181.38, while the Canadian Dollar (CAD) was valued at Rs. 203.57. The Japanese Yen (JPY) held steady at Rs. 1.97, and the Chinese Yuan (CNY) was recorded at Rs. 39.19. Among Gulf currencies, the Bahraini Dinar (BHD) stood at Rs. 750.14, and the Kuwaiti Dinar (KWD) reached Rs. 919.33, reflecting their high value due to oil-backed economies. The Qatari Riyal (QAR) was priced at Rs. 77.49, while the Indian Rupee (INR) remained relatively low at Rs. 3.30.“The rupee’s stability against the dollar is a positive signal, but global economic pressures and domestic inflation remain concerns,” said Zafar Paracha, a prominent currency exchange expert. “Remittances and central bank policies are playing a critical role in maintaining balance.”Pakistan’s foreign exchange reserves, recently reported at $11.26 billion, provide a buffer against volatility. However, analysts warn that rising import costs and global economic uncertainties could challenge the PKR’s resilience in the coming weeks. Businesses and individuals are advised to monitor exchange rates closely, as fluctuations impact trade, travel, and investment decisions.ARY News also provides real-time updates on currency rates and economic developments. Stay tuned for the latest financial insights.

Kuwait City, May 22, 2025 – The Kuwaiti Dinar (KWD) experienced a minor decline against the Pakistani Rupee (PKR) yesterday, dropping from 916 to 913.99 PKR, before stabilizing at the current rate, according to data from major currency exchanges.This subtle shift in the exchange rate has sparked discussions among traders and analysts about the factors influencing the valuation and its potential implications for bilateral trade and remittances. 1 Kuwaiti Dinar= 913.99 Pakistani Rupee Valuation Process of KWD Against PKRThe exchange rate between the KWD and PKR is determined by a combination of market forces and economic indicators. The Kuwaiti Dinar, one of the world’s strongest currencies, is pegged to a basket of currencies rather than floating freely, which provides it with relative stability. The Central Bank of Kuwait monitors this peg to ensure the dinar’s value remains consistent against major global currencies.The Pakistani Rupee, on the other hand, operates under a managed float regime, where its value is influenced by supply and demand in the foreign exchange market, with occasional interventions by the State Bank of Pakistan to curb volatility. Factors such as trade balances, foreign exchange reserves, inflation rates, and interest rate differentials between Kuwait and Pakistan play a significant role in determining the KWD-PKR exchange rate.Yesterday’s marginal decline of the Kuwaiti Dinar from 916 to 913.99 PKR reflects subtle shifts in market dynamics, potentially driven by changes in Pakistan’s foreign exchange reserves or fluctuations in demand for the dinar in the Pakistani market. Currency traders noted that such minor adjustments are common and often stabilize quickly due to the robust economic fundamentals of Kuwait.Impact on Trade and RemittancesThe slight depreciation of the KWD against the PKR has implications for economic activities between Kuwait and Pakistan. Kuwait is a significant destination for Pakistani expatriates, with remittances playing a crucial role in Pakistan’s economy. A weaker KWD means that Pakistani workers in Kuwait may see a marginal reduction in the value of their remittances when converted to PKR. For instance, a monthly remittance of 100 KWD, previously worth 91,600 PKR, now yields 91,399 PKR—a difference that, while small, could accumulate over time for households reliant on such transfers.For bilateral trade, the impact is likely minimal due to the small scale of the drop. Kuwait primarily exports petroleum products to Pakistan, while Pakistan exports textiles, agricultural goods, and labor services. A stable exchange rate supports predictable trade costs, and analysts suggest that the current rate of 913.99 PKR is unlikely to disrupt established trade patterns significantly. Currency Rates in Pakistan Today About KWD and PKRThe Kuwaiti Dinar (KWD) is the official currency of Kuwait, introduced in 1961 to replace the Gulf Rupee. Known for its high value, the KWD is backed by Kuwait’s substantial oil wealth and stable economic policies, making it one of the most valuable currencies globally.The Pakistani Rupee (PKR), introduced in 1948, is the official currency of Pakistan. Its value is influenced by the country’s economic performance, foreign exchange reserves, and global market trends. Despite facing periodic volatility, the PKR remains a key medium for Pakistan’s growing economy, supported by remittances and exports.As the KWD-PKR exchange rate stabilizes, market participants will continue to monitor economic developments in both nations to anticipate future trends.

RAWALPINDI: The Pakistan Army’s top brass, in its Corps Commanders’ Conference, vowed that the country will never allow its peace to be compromised by externally sponsored terrorism, the Inter-Services Public Relations (ISPR) said on Thursday.Field Marshal Syed Asim Munir chaired the 270th Corps Commanders’ Conference (CCC) at the General Headquarters, Rawalpindi.The Corps Commanders’ Conference began with Fateha for the martyrs of Operation Bunyanum Marsoos and the heinous terrorist attack in Khuzdar, Balochistan, an atrocity perpetrated through India-sponsored proxies which resulted in the loss of four innocent children and two adults.The Forum unequivocally condemned the barbaric acst, noting its deliberate targeting of non-combatants, particularly children, as a reprehensible violation of all norms of humanity and international conduct.The army’s top brass vowed that in close synergy with intelligence and law enforcement agencies, will pursue all proxies and facilitators of terrorism with unrelenting resolve, ensuring these hostile elements, trained and financed to incite chaos and fear, will be dismantled and decimated with full force of national will and institutional strength, InshaAllah.The forum also paid solemn tribute to all martyrs of Marka-e-Haq who laid down their lives in defence of the nation during India’s unprovoked aggression. It reaffirmed that the sacred blood of the Shuhada shall not go in vain and safety and security of the people of Pakistan will continue to be the foremost priority of the Armed Forces.The Corps Commanders’ Conference also extended its felicitations to the Army Chief on his conferment as Field Marshal, acknowledging his strategic foresight, resolute leadership, and enduring contributions to national defence.According to the ISPR, a comprehensive review of the prevailing internal and external security environment was undertaken, with particular emphasis on the successful conclusion of Operation Bunyanum Marsoos, a decisive chapter of Marka-e-Haq.The forum lauded the professionalism, synergy, courage, and resilience of Pakistan’s Armed Forces and the unwavering support of the nation, which together repelled aggression with exemplary precision and resolve.The Corps Commanders’ Conference acknowledged Pakistan’s media and information warriors who stood in step with the State against Indian propaganda onslaught, fake news and war hysteria, while accurately portraying facts and figures thereby fostering public trust and countering misinformation.https://www.youtube.com/watch?v=dFaDUqBfWhU&embeds_referring_euri=https%3A%2F%2Farynews.tv%2F“The Corps Commanders’ Conference wholeheartedly recognized the spirit and dynamic contributions of the Pakistani youth, whose passion and patriotism rallied the National spirit as well as projection of national narrative,” the ISPR said.It added that forum saluted the political leadership for their foresight and steering the Nation during the Marka-e-Haq with utmost clarity, conviction and resolve.It was noted that history would recall with pride Pakistan’s swift and resolute defensive posture, which neutralized a grave threat within hours of its emergence. Pakistan responded with strategic restraint and operational clarity, upholding both deterrence and moral authority.Read More: Pakistan countered Indian escalation responsibly, says DG ISPRThe Corps Commanders’ Conference reaffirmed Pakistan’s unyielding resolve to defend its sovereignty and territorial integrity against any act of aggression or misadventure.“No one can coerce Pakistan through the use or threat of force. The nation will take all measures necessary to safeguard its vital interests.”The Corps Commanders’ Conference deliberated in depth on the threat posed by India-backed terrorist proxies operating in Balochistan and Khyber Pakhtunkhwa. It was observed that following its military failure in the wake of the Pahalgam incident, India so called and self-claimed victim of terrorism but actually a perpetrator of terrorism and epicenter of regional instability, has upscaled the use of covert means, employing non-state actors to pursue its destabilization agenda.A strategic overview of the regional environment was also undertaken, including the security posture along the Line of Control (LoC), the Working Boundary, and the Eastern Border, in light of the recent Pakistan-India conflagration.The Forum expressed deep concern over persistent human rights abuses in Indian Illegally Occupied Jammu and Kashmir (IIOJK). It condemned these actions as they contributed to organic backlash and perpetuated cycles of violence.Forum underscored the urgent need for international attention and intervention to prevent further deterioration of peace and security in South Asia. Forum reiterated full diplomatic, political, moral and humanitarian support for Kashmiri brothers and sisters and their just resistance for right of self determinationThe Chief of Army Staff commended the high morale, operational readiness, and professionalism of all ranks, as well as the steadfast support of the Pakistani nation. He emphasised the blessings of Almighty Allah in guiding national efforts and directed all commanders to maintain a heightened state of vigilance and preparedness to address evolving threats across the spectrum.In his concluding remarks, the Army Chief reaffirmed the Pakistan Army’s pivotal role in ensuring internal stability and securing national frontiers. He expressed profound appreciation for the enduring support of the people of Pakistan, stating:“The people of Pakistan are our greatest strength. We remain committed to their trust and expectations in our shared struggle against any foreign aggression, terrorism and extremism.”The Conference concluded with the Field Marshal expressing full confidence in the operational capability, preparedness and unwavering morale of all formations and institutions entrusted with the defence of the country.

ISLAMABAD: Deputy Prime Minister and Foreign Minister (DPM/FM) Senator Mohammad Ishaq Dar on Thursday calling his recent three-day China visit “highly successful,” said that Pakistan had achieved significant progress on diplomatic, strategic and economic fronts during the engagements held in Beijing.The deputy prime minister, addressing a news conference, said that it was not a routine diplomatic engagement but with clear and urgent objectives, also featuring bilateral meetings with Chinese leadership and trilateral dialogues involving Afghanistan.Dar told the media that a clear agreement was reached with both China and Afghanistan that no terrorist organization — whether TTP, BLA or others — would be allowed to use any country’s soil against another.Dar announced that discussions on CPEC 2.0 were detailed and promising. “We have successfully laid the groundwork for expanded cooperation under the Belt and Road Initiative.Read more: Three children among five martyred in Khuzdar school bus explosionHe confirmed that China had expressed its intent to finance the Pakistan-Afghanistan-Uzbekistan railway project, calling it a transformative step for regional connectivity.“We have already sent a draft framework to Uzbekistan and Afghanistan. While the meeting is proposed for May 29–30, I am committed to finalizing this by early June,” Dar added.He said that the visit also marked substantive decisions with China and Afghanistan, especially on refugee matters and counterterrorism.He said that all of the decisions taken on April 17 meeting in Kabul were implemented within 72 hours – in letter and spirit.Reflecting on security cooperation, Dar stated, “China has deep concerns over attacks on its personnel in Pakistan. I assured them that we are addressing these threats seriously. We discussed a permanent mechanism to prevent cross-border terrorism, and I commend both China and Afghanistan for aligning with our zero-tolerance stance.”He reiterated that during Pakistan’s previous government from 2013 to 2017, over $4 billion was spent on Operation Zarb-e-Azb, effectively crushing terrorism. “Unfortunately, the situation deteriorated due to the previous regime’s lax border policies and the release of hardcore terrorists,” he said. “Now, our resolve is clear: we will crush terrorism with an iron hand, as we did before.”He confirmed that the ceasefire agreement, brokered after U.S. Secretary Rubio’s call, was holding and said that military-to-military engagements via DGMOs were progressing smoothly. “Our deterrence is defensive, not aggressive. We have never built our nukes and missiles to attack others, but to safeguard peace.”Dar called recent remarks by the Indian Defence Minister “regrettable” and said, “Pakistan desires peace. However, we will always defend our sovereignty with full force when challenged.”Dar highlighted his government’s commitment to improving ties with Afghanistan. He announced an extension of the transit document regime for Afghan drivers and vehicles until June 30 and introduced a single document regime of $100 multiple-entry visa for Afghan citizens. “These initiatives were deeply appreciated by Afghan officials,” he noted.

Karachi/Manama, May 22, 2025: The Bahraini Dinar (BHD) experienced a slight decline against the Pakistani Rupee (PKR), trading at 744.79 PKR today, down from yesterday’s rate of 747.79 PKR, according to data from major currency exchanges. This depreciation of approximately 0.4% reflects ongoing market dynamics influenced by economic factors in both Bahrain and Pakistan. 1 Bahraini Dinar= 744.79 PKR Valuation Process The exchange rate between the Bahraini Dinar and Pakistani Rupee is determined by the foreign exchange market, where currencies are traded based on supply and demand. The Bahraini Dinar, pegged to the US Dollar at a fixed rate of 1 BHD = 2.65 USD, is relatively stable compared to free-floating currencies like the PKR. The Pakistani Rupee, on the other hand, is subject to fluctuations driven by market forces, including trade balances, foreign investment, and domestic economic policies.The valuation process involves banks, financial institutions, and forex dealers quoting buy and sell rates based on interbank rates and market conditions. Today’s drop in the BHD-PKR rate suggests a relative strengthening of the PKR, potentially due to improved investor confidence in Pakistan’s economy or changes in demand for Bahraini Dinar in regional trade. Impact of the Depreciation The decline in the BHD’s value against the PKR could have mixed implications. For Bahraini businesses and expatriates sending remittances to Pakistan, the lower exchange rate means fewer Pakistani Rupees per Dinar, reducing purchasing power for recipients. Conversely, Pakistani exporters to Bahrain may benefit, as their goods become relatively cheaper in Dinar terms, potentially boosting trade.For Pakistan, a stronger PKR could help curb imported inflation, particularly for goods priced in foreign currencies, including oil from Gulf countries like Bahrain. However, the impact is likely limited given the small magnitude of the change and the fixed peg of the BHD to the USD, which anchors its broader stability.Analysts suggest monitoring macroeconomic indicators, such as Pakistan’s foreign exchange reserves and Bahrain’s oil-driven economy, to gauge whether this trend will persist. “A 0.4% shift is notable but not alarming,” said a currency analyst at a leading Bahraini bank. “It reflects short-term market adjustments rather than a structural shift.” Introduction to the Currencies The Bahraini Dinar (BHD) is the official currency of the Kingdom of Bahrain, introduced in 1965 to replace the Gulf Rupee. It is one of the strongest currencies globally due to its peg to the US Dollar and Bahrain’s robust oil-based economy. The Dinar is subdivided into 1,000 fils and is widely used in the Gulf region for trade and investment. DOLLAR RATE TODAY IN PAKISTAN- LIVE The Pakistani Rupee (PKR) is the official currency of Pakistan, introduced in 1948 after the country’s independence. Subdivided into 100 paisa, the PKR is a free-floating currency managed by the State Bank of Pakistan. Its value fluctuates based on economic conditions, including inflation, trade balances

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Thursday rejected K-Electric (KE) CEO Moonis Abdullah Alvi’s explanation regarding the worst electricity loadshedding crisis in Karachi.NEPRA reserved its verdict after concluding the hearing on K-Electric’s petition regarding Fuel Charge Adjustment (FCA) for March 2025.During the hearing, Karachi Chamber of Commerce and Industry's (KCCI) representative informed NEPRA about the worsening electricity crisis in the city. "Karachi is facing extreme loadshedding. We urge NEPRA to find a viable solution," he said.In response, K-Electric CEO Moonis Alvi said, "We are unable to find ways to recover the payments and reduce losses. There are even areas where our staff are facing threats."NEPRA member Rafique Shaikh strongly criticized K-Electric’s response to the crisis, calling it “childish” and “irresponsible” given the gravity of the situation."We completely reject K-Electric's explanation for the loadshedding," he stated. "There is a clear contradiction between the ground realities and what K-Electric is portraying."He further noted that the power distribution system managed by K-Electric has drastically deteriorated.Read More: Loadshedding irks masses, spoils sacrificial meat in KarachiNotably, last year on Eidul Adha, people in Karachi faced the worst power loadshedding despite hot and humid weather.According to details, residents of Karachi’s North Nazimabad Block Q, which is a loadshedding free zone, also faced power cuts.Talking to ARY News, residents said there is a 100pc billing from the area, but due to ‘kunda’ (illegal electricity connections) in the surrounding Katchi abadis, the K-Electric is carrying unannounced loadshedding.“Why we are being penalised despite paying heavy bills, for illegal connections in the area,” the residents asked.They also said due to prolong power cuts, the sacrificial meat has spoiled. A resident demanded restoration of power supply and provision of the meat, which has been spoiled.

Karachi, 22 May 2025 – The open market exchange rate for the UAE Dirham (AED) against the Pakistani Rupee (PKR) has settled at 76.44 PKR, as reported by the latest currency market data.This stabilization results from a calm phase in the AED-PKR exchange, bolstered by consistent remittance inflows and positive economic conditions in both Pakistan and the UAE.Evaluation Process for AED-PKR Exchange RateThe exchange rate of the UAE Dirham relative to the Pakistani Rupee is influenced by market dynamics and intervention by the central bank. The Dirham is anchored to the US Dollar at approximately 3.67 AED/USD, a system established by the UAE Central Bank since 1997. This fixed peg ties the movement of the Dirham to the US Dollar, supported by the UAE’s oil-driven economy and efforts to diversify investments. 1 UAE DIRHAM = 76.44 PAKISTANI RUPEES Conversely, the PKR’s value is regulated through a floating exchange rate system, primarily dictated by supply and demand in the foreign exchange market, with occasional interventions from the State Bank of Pakistan to mitigate volatility. The PKR's value is also affected by foreign reserves, trade balances, inflation, and remittances, notably the $3.1 billion sent from the UAE in February 2025.The daily exchange rate between AED and PKR is established based on both open market and interbank rates. Banks and currency exchange businesses set the buying rate at 76.67 PKR, while the selling rate is approximately 77.25 PKR, typically including a slight premium for sellers. This exchange rate updates every day at 8:00 AM Pakistan Standard Time and can change throughout the day based on the market dynamics.Impact of StabilityThe fixed exchange rate of 76.44 PKR for the UAE Dirham carries significant implications for Pakistan and for Pakistanis working in the UAE. For the over two million Pakistanis employed in the UAE, this stable exchange rate enhances the consistency of remittances, which in turn supports family businesses in Pakistan. It also benefits trading companies dealing in food products, textiles, and construction materials between the two nations by reducing currency risks.For Pakistan’s economy, a steady AED-PKR exchange rate facilitates the smooth flow of remittances, which is a crucial element of foreign exchange reserves. Experts suggest that this equilibrium is attained through sound trading practices, robust reserves, and minimal speculative pressure. The UAE remains a key provider of financial assistance for Pakistan, with remittances playing a vital role in stabilizing the PKR. Nevertheless, the managed floating of the PKR renders it susceptible to domestic challenges such as inflation and trade deficits. Currency analysts warn that although the AED-PKR rate is stable at present, investors and traders should remain alert to potential fluctuations in global oil prices and geopolitical factors impacting the US Dollar and consequently the Dirham.Summary of AED and PKRThe UAE Dirham was introduced in 1973 to replace the Qatar and Dubai Riyal, serving as the official currency of the UAE, issued by the UAE Central Bank and subdivided into 100 fils. Known by the abbreviation AED, its attachment to the US Dollar is underpinned by the UAE’s oil wealth, sound fiscal strategies, and its position as a global trading hub. The Dirham is widely utilized across the seven emirates, including prominent locations like Dubai and Abu Dhabi, as well as various tourist destinations.The Pakistani Rupee, which has been in circulation since 1947, is the currency of Pakistan and is divided into 100 paise, represented by “₨” or “Rs.” It is printed by the State Bank of Pakistan and functions under a controlled floating system, responding to internal pressures such as inflation, trade deficits, and available reserves. Remittances from the UAE play a crucial role in ensuring the stability of the PKR. The exchange rate of 76.67 PKR for 1 AED reflects the nation’s robust economic performance.

ISLAMABAD: Met office said that the heatwave conditions persist in the country as maximum 50-degree Celsius temperature recorded in Baluchistan's Sibi, ARY News reported on Thursday.Meanwhile, 48 Celsius temperatures recorded at Sindh's Dadu, Jacobabad and southern Punjab's Rahim Yar Khan and Bahawalpur districts today.Mercury soared to 42 C in Lahore and Peshawar and 41 Celsius in Islamabad.Maximum temperature 36 Celsius recorded in Karachi with feel-like temperature 38 degree centigrade.Heatwave likely to continue in current week under the influence of a high pressure in upper atmosphere.Meanwhile a low-pressure area (LPA) has formed over the East-Central Arabian Sea about 1075 km southeast of Karachi, Pakistan Meteorological Department informed in an advisory on Thursday.The low-pressure area has been located at latitude 16.4 N, longitude 71.9 E.Due to favorable environmental conditions, the system is likely to further intensify into a Depression during next 36 hours and expected to move initially towards north.Currently, there is no threat to any coastal area of the country. PMD’s cyclone warning center, Karachi is monitoring the system, according to an advisory.Weather experts said that the low-pressure area developed in the Arabian Sea energized by the warmer water temperatures. It could cause very hot weather in Karachi as sea breeze is expected to pause.The system is currently hovering near India’s western coast and could strengthen into a deep depression or even a cyclone by May 24 or 25 if conditions remain favourable.If the system turns into a cyclone, it will be named Shakti — a name proposed by Sri Lanka, meaning ‘power’.

The Punjab Home Department has made it mandatory for all guest houses across the province to register on the ‘Hotel Eye’ software, aiming to curb terrorism, crime, and illegal activities.According to the department’s spokesperson, all private guest houses and residential service providers must enter guest data into the system for digital verification of both domestic and foreign residents.The department has launched an online portal to facilitate this registration.The final deadline for registration is 15th of next month.Earlier this year, the Punjab Education Department decided to install security cameras and advanced surveillance systems in schools across the region for enhanced security.Surveillance cameras will be installed at the entrances of schools to monitor activities and enhance security measures.Read more: Punjab to install cameras in schools for enhanced securityThese security cameras will be equipped with advanced systems which will use facial recognition technology to identify both students and teachers.Furthermore, the Punjab education department will receive daily reports generated from the camera feeds for improved oversight and administration.According to the Education Department, these security cameras will help accurately identify students, teachers, and visitors.On the other side, cameras will act as a preventive against unauthorised access, theft, and vandalism. They also help monitor high-risk areas like entrances, hallways, and playgrounds, ensuring a safer environment for everyone.

GENEVA: Minister for Health, Mustafa Kamal, met with the Palestinian Minister of Health in Geneva on the sidelines of the World Health Assembly, where the two discussed various ways to provide medical and humanitarian aid to Gaza.During the meeting, Mustafa Kamal delivered a message of solidarity from Prime Minister Shehbaz Sharif and reaffirmed Pakistan’s unwavering support for the Palestinian cause."The entire Pakistani nation stands firmly with the brave people of Palestine," he stated.The two ministers explored practical ways to deliver aid and discussed mechanisms to ensure the provision of medical and humanitarian assistance to affected Palestinians in Gaza.Mustafa Kamal said Pakistan had drawn the international community's attention at the World Health Assembly to Israel's continued aggression in Gaza."Pakistan strongly condemns the Israeli aggression against Palestine, especially in Gaza, in the strongest possible terms," he said.He further criticized Israel’s deliberate targeting of hospitals and medical personnel, calling it "a deeply tragic and unacceptable act."[video width="480" height="848" mp4="https://arynews.tv/wp-content/uploads/2025/05/WhatsApp-Video-2025-05-22-at-2.35.41-PM.mp4"][/video]"The Israeli campaign of genocide and brutal oppression must come to an immediate end," Mustafa Kamal stressed.Read More: UAE says reached deal with Israel to allow aid delivery to GazaMeanwhile, the United Arab Emirates has reached an agreement with Israel to allow the delivery of “urgent humanitarian aid” to the besieged Gaza Strip, according to a statement released Wednesday on Emirati state media.Israel has come under international pressure to abandon its intensified military campaign in Gaza and to allow aid into the territory, where humanitarian agencies say a total blockade has sparked critical food and medicine shortages.Israel said 93 aid trucks had entered Gaza from Israel on Tuesday, but the United Nations said the aid had been held up.Sheikh Abdullah bin Zayed, the UAE deputy prime minister and foreign minister, “held a phone call with Gideon Saar, Minister of Foreign Affairs of Israel, which led to an agreement to allow the delivery of urgent humanitarian aid from the United Arab Emirates,” the statement on official news agency WAM said. 

ISLAMABAD: The government is working over a relief package for nine million small farmers of the country, which likely to be announced in the next financial year's budget, sources said.Prime Minister Shehbaz Sharif has issued instructions for a loan scheme for small farmers in the upcoming budget, according to sources.Finance Minister Muhammad Aurangzeb held a special meeting with the Pakistan Banking Association and shared bankers the features of the loan scheme for small farmers, sources said.The minister also briefed the banking officials about the prime minister's vision about the agriculture package, sources shared.Sources said that the government has given the task of the small farmers loan scheme pilot project, to be launched in September."The farmers holding less than 12.5 acres of land will be eligible for these loans. The farmers with same landholding will also be facilitated with crop insurance," sources disclosed.The owners to the similar limit of land will also be provided awareness about modern agriculture practices, sources added.