Taliban utilizing Indian funds for cross-border terrorism against Pakistan: Ex-Afghan army chief


Islamabad: Former Afghan Army Chief Lieutenant General Sami Sadat has validated Pakistan’s long-standing stance on cross-border terrorism, revealing that the Taliban use Indian financial backing to sponsor militant operations against Pakistan.



In a media interview, General Sadat addressed the specific financial nexus driving this instability, stating, ‘And it is also true that the Taliban have very close relations with India, the money they take here, and then they give that money to TTP and give it to Balochistan to carry out operations in Pakistan’.



The former commander asserted that the Taliban facilitate militant organizations while leveraging financial assistance for strategic objectives.



General Sadat said that the current Afghan authorities provide operational support to anti-Pakistan militant groups, effectively enabling these outfits to carry out attacks within Pakistani territory.



He said that external funding is being redirected to sustain the militant networks and that Indian financial assistance specifically reaches groups such as Fitna al-Khawarij and Fitna al-Hindustan to execute terrorist attacks inside Pakistan.



According to the analysts, General Sadat’s remarks closely align with concerns frequently raised by Pakistani regarding the use of Afghan soil for militant activities.



At his weekly press briefing on Thursday, Foreign Office spokesperson Tahir Andrabi, responding to a question about ice breaking with Afghanistan, said, “The ice has not broken. The ice will not break until Afghanistan renounces its support for terrorism against Pakistan. The Afghan Taliban regime must renounce terrorism against Pakistan and give verifiable written assurances that its territory will not be used to foment, engineer, sponsor, or execute terrorist attacks against Pakistan. Until those assurances are provided backed by concrete actions, the ice will not break.”



Commerce Minister calls for stronger Pakistan-Egypt trade investment partnership


Islamabad: Federal Minister for Commerce, Jam Kamal Khan on Friday called for transforming Pakistan-Egypt relations into a stronger economic partnership based on trade, investment, joint production, technology cooperation and regional value chains.



He was addressing a reception held in Islamabad to celebrate the National Day of the Arab Republic of Egypt, where he attended as chief guest, said a release issued here on Friday.



The event was attended by ambassadors, high commissioners, senior government officials, members of the diplomatic corps and other distinguished guests.



Congratulating the Government and people of Egypt on their National Day, Jam Kamal Khan said Pakistan attached great importance to its relations with Egypt, which remained a key partner in the Arab and Muslim world.



He appreciated Egypt’s support in the health sector, its constructive role in promoting regional peace and its cooperation in facilitating Pakistan’s humanitarian assistance to Gaza.



The Minister said Pakistan and Egypt should move beyond conventional trade and view each other as long-term strategic investment partners.



He noted that Egypt offered a strong manufacturing and distribution base for African, Arab and Mediterranean markets, while Pakistan provided a major production and investment platform linked to South Asia.



‘Together, Pakistan and Egypt can develop joint value chains, create employment opportunities, strengthen industrial capacity and expand exports,’ he said.



Jam Kamal Khan welcomed Egyptian investment in Pakistan’s power, real estate, financial services and telecommunications sectors, adding that Pakistani companies were also increasingly exploring business and investment opportunities in Egypt.



He invited greater Egyptian participation in Pakistan’s food, agriculture and textile exhibitions, including Food Pakistan 2026, and said Pakistan looked forward to participating in Food Africa 2026 in Egypt from December 7 to 10.



The Minister also welcomed President Abdel Fattah El-Sisi’s acceptance of Prime Minister Muhammad Shehbaz Sharif’s invitation to visit Pakistan, saying the visit would further strengthen bilateral relations.



He said Pakistan regarded Egypt as a strategic economic partner and an important regional production hub, adding that both countries could jointly promote investment, industrial development, connectivity, regional value chains and shared prosperity.



Earlier, welcoming the participants, Ambassador of Egypt to Pakistan Dr. Ihab Mohamed Abdelhamid Hassan said Egypt and Pakistan enjoyed a deep, longstanding and multifaceted friendship rooted in mutual respect, shared values and strong fraternal bonds between their peoples.



He said bilateral relations had gained significant momentum over the past two years through high-level exchanges, including visits by Egyptian Foreign Minister Dr. Badr Abdelatty to Pakistan and Deputy Prime Minister and Foreign Minister Senator Muhammad Ishaq Dar to Egypt.



The Ambassador said these engagements had strengthened political consultations and expanded cooperation in key strategic sectors.



He added that Egypt highly valued its strategic partnership with Pakistan and looked forward to translating the positive momentum into practical achievements through stronger trade, business cooperation and closer institutional engagement.



The Ambassador also praised the warmth, generosity and hospitality of the Pakistani people, saying these qualities reflected the enduring friendship between Egypt and Pakistan.



DIG security reviews red zone security, directs personnel to remain vigilant


Islamabad: Deputy Inspector General (DIG) Security Rana Umar Farooq visited the Red Zone to review security arrangements and inspect the performance of police personnel deployed at key security points.



An official told reporter on Friday that the DIG Umar inspected security deployment at various locations and assessed the operational preparedness of officers performing duties in the high-security zone.



During the visit, Rana Umar directed the officers to maintain the highest standards of security, remain alert at all times and discharge their responsibilities with professionalism, discipline and dedication.



He emphasized that effective vigilance, prompt response and strict adherence to security protocols were essential to ensuring the safety of important government installations, diplomatic missions and the public.



The official said Islamabad Capital Territory (ICT) Police continued to strengthen security arrangements across the Red Zone to maintain law and order and effectively respond to any potential security challenges.



Amid renewed Iran-US hostilities, Islamabad MoU remains highly viable template for peace: FO spox


Islamabad: Pakistan on Thursday dismissed the impression of stepping back from its active regional mediation efforts, emphasizing that the Islamabad Memorandum of Understanding (MoU) remained an enduring, highly viable template for promoting peace, mutual respect, and shared prosperity amid renewed hostilities between Iran and the United States.



“Admittedly, the mediation process is currently facing severe challenges because the logic of escalation is prevailing. However, we hope that this logic of escalation will eventually be overcome by the rationality for peace and dialogue. A peace process never dies; it may be placed on the back burner temporarily, but it remains viable,” Foreign Office spokesperson Tahir Andrabi said at his weekly press briefing here.



He said that whenever the parties realized that the cycle of escalation had exhausted itself, the return to peace would be guided by the template provided in the Islamabad MoU, alongside the roadmap outlined in the Pakistan-Qatar Joint Statement of June 22, 2026.



Reiterating Pakistan’s deep concern over the renewed escalation of tensions, he told the media that Pakistan remained actively engaged at the highest levels to foster dialogue, de-escalation, and diplomatic resolutions to regional conflicts.



Highlighting the adverse economic and energy security impacts of the situation in the Strait of Hormuz, particularly on the Global South, he called for early normalization and free maritime navigation.



Spokesperson Andrabi apprised the media of Pakistan’s high-level diplomatic outreach including Prime Minister Shehbaz Sharif’s telephone call with the Amir of Qatar Sheikh Tamim bin Hamad Al Thani, expressing solidarity in the wake of recent attacks on Qatar, and Iranian President Dr. Masoud Pezeshkian, calling for restraint to safeguard recent peace gains and discussing follow-ups to President Pezeshkian’s recent visit to Pakistan.



Responding to queries regarding the release and potential deportation of Rochdale grooming gang leader Shabbir Ahmed from the UK, the spokesperson strongly condemned child sexual abuse and declared the matter entirely an internal affair of the United Kingdom.



He said that the individual concerned was a British national who lived in the UK and was convicted by a British court. The onus lies on the society where he grew up, was raised, groomed, and unfortunately, spoiled, the spokesperson added.



“Government of Pakistan has no connection whatsoever with this matter. We cannot be associated with any decisions relating to the individual’s release or subsequent treatment under British law.”



To a question, Andrabi rejected the Indian National Investigation Agency’s (NIA) recently filed charge sheet against senior Hurriyat leaders, over a 1996 case, terming it a politically motivated afterthought aimed at discrediting the Kashmiri struggle for self-determination.



In response to a Financial Times report over the security of Chinese companies in Balochistan, the spokesperson said that Pakistan and China maintained an active, ongoing dialogue, and as the host, the country guaranteed impeccable security to its Chinese guests, technicians, and workers.



The spokesperson confirmed Pakistan’s unwavering commitment to the sovereignty and territorial integrity of Saudi Arabia, declaring that Pakistan stood ready to implement all bilateral agreements, including the Mutual Strategic Defense Agreement signed in September 2025.



Asked about the trade talks with the United States, the spokesperson, who was also part of the delegation, said



a significant progress during reciprocal trade negotiations held in Washington with the US Trade Representative and US Commerce Department, aimed at diversifying and enhancing Pakistani exports.



Coming to Afghanistan, Spokesperson Andrabi said that Pakistan had facilitated the transit of approximately 45 to 50 UN aid trucks into Afghanistan through the Torkham border and allowed stranded Pakistani students to return.



However, the spokesperson declared that the ice has not broken and would not break until the Afghan interim authorities provide verifiable, written assurances that Afghan territory would not be used to launch or sponsor terrorist attacks against Pakistan.



However, he denied any Pakistani blockade of Afghanistan’s SCO inclusion, noting that membership logically requires formal diplomatic relations with SCO member states first.



Criticizing Indian media’s glorification of attacks in Balochistan, the spokesperson reiterated India’s open support and celebration of terrorism in Pakistan while baselessly alleging clandestine US support in Afghanistan.



To a question about the Japan-India joint statement explicitly referencing cross-border terrorism originating from Pakistan, the spokesperson said that Pakistan had registered a strong demarche and expressed serious concerns to the Japanese government through diplomatic channels.



“Pakistan and Japan share long-standing, cordial, and multi-faceted relations built on a mutual commitment to international peace and development. During bilateral engagements with India, the Indian side routinely exerts pressure to force the inclusion of such malicious, one-sided formulations in joint statements-a tactic they employ with several other countries as well.”



He said that Tokyo has been clearly conveyed that such language was completely inconsistent with the realities on the ground and ignored the unmatched sacrifices and contributions made by Pakistan in the global fight against terrorism.



About the international media reports on safety leak at India’s largest nuclear reactor, the spokesperson said that such reports were not surprising as Pakistan had long questioned India’s nuclear safety and security standards, as well as its overall non-proliferation record, given the recurring incidents of illicit nuclear materials being available in the Indian black market.



To another query, he said that the government was actively pursuing multi-agency, bilateral, and multilateral channels to secure the release of Pakistani nationals held hostage by Somali pirates in Puntland, though significant operational and logistical challenges existed.



He highlighted that on June 30, Pakistan submitted its 7th National Report on the Implementation of UNSC Resolution 1540 to the UN which demonstrated its credentials as a responsible nuclear-weapon state with robust legal, physical protection, and export control mechanisms.



Referring to other diplomatic engagements, he told the media that Prime Minister Shehbaz, alongside former Prime Minister Nawaz Sharif and the Deputy PM Dar, visited Doha on July 13 to offer condolences to the former Amir of Qatar, Sheikh Hamad bin Khalifa Al Thani.



He said DPM Dar was on a two-day visit to China to sign the instrument for the establishment of the Chinese-initiated World Artificial Intelligence Cooperation Organization (WAICO) on behalf of Pakistan.



A developed capital market indispensable for sustainable economic growth: Arif Habib


Islamabad: A developed capital market is indispensable for sustainable economic growth, veteran businessman Arif Habib said at the Securities and Exchange Commission of Pakistan (SECP) Talk Series.



He also shared insights from over five decades in Pakistan’s capital markets, said a press release issued by the SECP.



The session, attended by SECP Chairman Dr. Kabir Ahmed Sidhu, Commissioners, market institutions, academia and business leaders, explored the evolution of Pakistan’s capital markets, long-term investing and the reforms needed to deepen investor participation.



Opening the session, Dr. Kabir Ahmed Sidhu said the Talk Series aims to institutionalize knowledge-sharing by connecting regulators with experienced market practitioners to support evidence-based policymaking.



He highlighted SECP’s ongoing reforms, including digital investor onboarding, implementation of the T+1 settlement cycle, and initiatives to expand the investor base to 2.5 million through greater financial inclusion and easier market access.



“Our objective is to build a capital market ecosystem that is transparent, accessible and aligned with global standards,” he said.



Reflecting on more than five decades in the market, Arif Habib traced Pakistan’s capital market journey from open-outcry trading floors to today’s technology-driven marketplace.



He emphasized that while markets evolve, the principles of successful investing remain discipline, patience and long-term thinking.



Habib noted that the Pakistan Stock Exchange has delivered an average annual return of around 22 percent over the past 22 years and a 14 percent dollar-denominated return over the last five years.



He stressed that market volatility is temporary, while long-term investment in fundamentally strong companies creates sustainable wealth.



He also underscored the role of capital markets in mobilizing savings, financing businesses, strengthening corporate governance and creating employment across brokerage, asset management, investment banking, research, fintech and advisory services.



He emphasized the need to increase financial literacy, particularly among young Pakistanis, to broaden participation in formal capital markets.



IHC reserves verdict on petition against repatriation of DG Pakistan Bait-ul-Mal


Islamabad: The Islamabad High Court (IHC) on Thursday reserved its verdict on a petition filed by Director General (DG) Pakistan Bait-ul-Mal, Dr. Zeeshan Danish challenging a notification repatriating him to the Punjab government from his deputation post.



Justice Inaam Ameen Minhas heard arguments from both sides and observed that the authority which deputes an officer also has the power to recall his services.



Representing the petitioner, Advocate Shah Khawar argued that Dr. Danish’s deputation tenure had not yet expired and that one year of his term still remained. He said the petitioner had uncovered major fraud cases while serving as an inquiry officer and was still conducting inquiries.



Drawing a comparison, Khawar referred to the appointment of Pakistan’s finance minister from outside the government, arguing that appointments from outside the regular service structure were not unprecedented.



The court inquired whether the petitioner’s deputation period had been completed, to which counsel replied that it had not.



Counsel for Pakistan Bait-ul-Mal, Hafiz Arafat, argued that Dr. Danish had been appointed on deputation as director general but his services had since been returned to the Punjab government. He further submitted that despite the notification, the petitioner had refused to relinquish charge and continued to claim the office.



“How can two people work on the same post?” the counsel argued before the court. After hearing detailed arguments from both sides, the court reserved its judgment.