UAE, Pakistan sign agreements in mining, railways, banking during Abu Dhabi crown prince’s visit

Special UAE, Pakistan sign agreements in mining, railways, banking during Abu Dhabi crown prince’s visit
Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan meeting with Pakistan Prime Minister Shehbaz Sharif in Islamabad, Pakistan, on February 27, 2025. (Photo courtesy: @CMShehbaz/X)
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Updated 28 February 2025
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UAE, Pakistan sign agreements in mining, railways, banking during Abu Dhabi crown prince’s visit

UAE, Pakistan sign agreements in mining, railways, banking during Abu Dhabi crown prince’s visit
  • Sheikh Khaled bin Mohamed bin Zayed Al Nahyan arrived on first official visit to Islamabad
  • Analyst advises seeking joint ventures in agriculture, pursuing mining, tourism investments

KARACHI: Pakistan and the United Arab Emirates signed key agreements to boost cooperation in mining, railways, banking and infrastructure sectors, the Prime Minister’s Office (PMO) said, as Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan arrived on his first official visit to Islamabad on Thursday. 
The UAE is Pakistan’s third-largest trading partner after China and the United States and a major source of foreign investment, valued at over $10 billion in the last 20 years, according to the Gulf country’s foreign ministry. 
The crown prince’s visit came as Pakistan pursues economic diplomacy with several Gulf and Central Asian nations and treads a tricky path to economic recovery while being bolstered by a $7 billion IMF bailout loan.




Pakistan Prime Minister Shebaz Sharif receives Abu Dhabi Crown Prince and Chairman Abu Dhabi Executive Council Sheikh Khaled bin Zayed Al Nahyan at the Nur Khan Airbase in Rawalpindi on February 27, 2025. (PMO)

Sheikh Al Nahyan was accompanied by a high-level delegation of ministers, senior officials and business leaders during his day-long trip to Pakistan. He witnessed the signing of agreements between the two sides with Sharif.
“The MoUs/agreements were signed in the fields of Banking, Mining, Infrastructure development and Railways,” Sharif’s office said in a statement. 




Officials from UAE (left) and Pakistan (right) exchange MOUs as Prime Minister Shebaz Sharif and Abu Dhabi Crown Prince and Chairman Abu Dhabi Executive Council Sheikh Khaled bin Zayed Al Nahyan attend the ceremony at the Prime Minister Office in Islamabad on February 27, 2025. (PMO)

Sharif’s office said that the Pakistani prime minister informed the crown prince of his discussions on the Uzbekistan-Afghanistan-Pakistan Railway Line in Tashkent this week. 
“He further said that the project will benefit the ports of Gwadar and Abu Dhabi and would prove to be a game changer for the whole region,” the PMO said. 
Sharif praised the UAE’s support for Pakistan in various fields, the PMO said, adding that he appreciated UAE’s “keen interest” in expanding its investment portfolio in Pakistan.  




Abu Dhabi Crown Prince and Chairman Abu Dhabi Executive Council Sheikh Khaled bin Zayed Al Nahyan (first, left) and Pakistan Prime Minister Shehbaz Sharif (first, right) lead Pakistan and UAE delegation during a meeting at the Prime Minister Office in Islamabad on February 27, 2025. (PMO)

The crown prince had arrived in Islamabad on Thursday afternoon where he was received by the premier and President Asif Ali Zardari.
President Zardari later conferred Pakistan’s highest civilian award, the Nishan-e-Pakistan, on the Abu Dhabi crown prince in a ceremony attended by Sharif and top government officials. 
Sheikh Al Nahyan left after witnessing the signing of the agreements with Sharif. He was seen off by the Pakistani prime minister. 
Speaking to Arab News, an analyst and former government official described the visit as a “positive” development.
“If a high level official like the crown prince is visiting Pakistan that means they must be bringing something important in hand for our country,” Ashfaq Tola, Pakistan’s former state minister for resource mobilization, said.
He advised that Pakistan seek joint ventures with the UAE in its agro-based economy and encourage investment in Pakistan’s export-related sectors to improve the South Asian country’s forex earnings. He also said investors from the Gulf state could benefit from mining sector projects like the Reko Diq gold and copper reserves, along with the oil exploration and tourism sectors.

 


Pakistan and the UAE have stepped up efforts in recent years to strengthen economic relations. Last year the two countries signed multiple agreements exceeding $3 billion for cooperation in railways, economic zones, and infrastructure development.
Policymakers in Pakistan consider the UAE an optimal export destination due to its geographical proximity, which minimizes transportation and freight costs while facilitating commercial transactions.
The UAE is also home to more than a million Pakistani expatriates, making it the second-largest Pakistani expatriate community worldwide and a major source of foreign workers’ remittances.

 


Pakistan to begin Ramadan on Sunday, a day after Saudi Arabia, as moon remains unseen

Pakistan to begin Ramadan on Sunday, a day after Saudi Arabia, as moon remains unseen
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Pakistan to begin Ramadan on Sunday, a day after Saudi Arabia, as moon remains unseen

Pakistan to begin Ramadan on Sunday, a day after Saudi Arabia, as moon remains unseen
  • Country’s central moon sighting committee says it did not receive testimonies of Ramadan crescent
  • Pakistan’s space agency had already predicted it would be difficult to sight the moon on Friday

ISLAMABAD: The head of Pakistan’s central moon sighting committee announced on Friday the Ramadan crescent was not seen across the country, adding the first day of the Muslim fasting month will fall on Sunday, a day after the ninth month of the Islamic Hijri calendar begins in Saudi Arabia.
Ramadan is observed by Muslims worldwide through fasting from dawn to sunset, with most practicing Muslims considering it a time of spiritual reflection, self-discipline and devotion. Fasting serves as a means of strengthening faith and developing empathy for the less fortunate.
The month holds special significance as it was during one of its nights that the first verses of the Holy Qur’an were revealed to Prophet Muhammad (PBUH), in what is considered its most sacred night. Muslims mark Ramadan with increased prayer, charity and community gatherings, culminating in the festival of Eid Al-Fitr.
“There has been no reported sighting of the Ramadan moon,” Maulana Abdul Khabir Azad, chairman of the Central Ruet-i-Hilal Committee, said while speaking to the media in northwestern Peshawar city. “The first day of the holy month of Ramadan will be on Sunday, March 2, 2025.”

Maulana Abdul Khabeer Azad, Chairman of Central Ruet-e-Hilal Committee, Pakistan’s moon sighting committee, along with others members use a telescope to look for the new moon that will mark the start of the holy fasting month of Ramadan, in Peshawar on February 28, 2025. (REUTERS)

Pakistan’s national space agency had already predicted the Ramadan moon would be invisible to the human eye in Pakistan on February 28, explaining the crescent would be difficult to sight due to its low altitude and distance.
It had also said people in the South Asian country were likely to mark the beginning of the holy month from March 2.
In Pakistan, however, the moon sighting committee is tasked with determining the start of new Islamic months.
The dates for Ramadan and Eid festivals are confirmed through visual observations and testimonies from different parts of the country reporting the crescent’s sighting.


Islamabad says eight Pakistanis deported from United States

Islamabad says eight Pakistanis deported from United States
Updated 31 min 52 sec ago
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Islamabad says eight Pakistanis deported from United States

Islamabad says eight Pakistanis deported from United States
  • Diplomat confirms this is the first such flight since President Trump returned to power
  • White House says the US president plans to carry out a mass deportation operation

ISLAMABAD: Eight Pakistan nationals residing illegally in the United States have been deported to Pakistan, Islamabad said Friday, with a diplomat calling it the first such flight since Donald Trump returned to power.
“We can confirm that eight Pakistani nationals, who were staying illegally in the US, have indeed returned yesterday,” Pakistan’s foreign ministry spokesman Shafqat Ali Khan told a press conference.
A Pakistani diplomat confirmed that this was the first such flight since Trump’s second term began in January.
“But (it is) not the first ever as in 2019, several such flights also arrived in Pakistan,” the diplomat said, speaking on condition of anonymity.
Trump promised a crackdown on illegal immigration during the election campaign and began his second term with a flurry of executive actions aimed at overhauling entry to the United States.
On his first day in office the Republican signed orders declaring a national emergency at the southern border with Mexico and announced the deployment of more troops to the area while vowing to deport “criminal aliens.”
The White House has also said Trump plans to carry out the largest mass deportation operation in US history.
In addition, Trump’s administration has halted an asylum program for people fleeing authoritarian regimes in Central and South America, leaving thousands of people stranded on the Mexican side of the border.


China’s BYD starts delivering vehicle in Pakistan, aim to roll out 100 units in 48 hours

China’s BYD starts delivering vehicle in Pakistan, aim to roll out 100 units in 48 hours
Updated 28 February 2025
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China’s BYD starts delivering vehicle in Pakistan, aim to roll out 100 units in 48 hours

China’s BYD starts delivering vehicle in Pakistan, aim to roll out 100 units in 48 hours
  • BYD partnered with Mega Motor Company last year to introduce electric vehicles in Pakistan
  • Both companies plan to establish 15 experience and care centers across Pakistan this year

KARACHI: China’s BYD, the world’s largest New Energy Vehicle (NEV) manufacturer, and Pakistan’s Mega Motor Company (MMC) started delivering vehicles in Karachi, Lahore and Islamabad on Friday, with plans to roll out 100 units within the first 48 hours, confirmed their official statement.
The milestone comes after BYD and MMC partnered last year to introduce electric vehicles (EVs) in Pakistan, aiming to accelerate the country’s transition toward sustainable mobility.
BYD, a global leader in battery-electric and plug-in hybrid vehicles, has expanded aggressively in Asia, Europe and Latin America. Mega Motor, a subsidiary of Pakistan’s Hub Power Company (HUBCO), is spearheading the local manufacturing, distribution and sales of BYD-branded vehicles.
“It is an honor to embark on this crucial development chapter in Pakistan,” said Lei Jian, BYD country head in Pakistan.
“BYD has long been dedicated to fulfilling people’s aspirations for a better life through technological innovation,” he continued. “We firmly believe that BYD’s new energy vehicles and technologies are destined to make even greater contributions to Pakistan’s green development journey.”

This handout photo, released by China’s BYD auto company on February 28, 2025, shows BYD Experience and Care Centers in Islamabad. (BYD Pakistan/Handout)

The companies have launched BYD Experience and Care Centers in Islamabad, Lahore and Karachi, offering customers access to their advanced automobiles. 
he initial rollout includes models such as SEAL and ATTO 3, with plans to establish 15 centers across Pakistan this year to expand accessibility.
“We are thrilled to begin vehicle deliveries across Pakistan,” said Danish Khaliq, VP Sales and Strategy at MMC. “This marks the beginning of an exciting journey for BYD and our customers, as we introduce world-class NEV technology to drive Pakistan toward a cleaner and more sustainable future.”
NEVs refer to alternative-fuel vehicles that rely on electric, hybrid, hydrogen, or other non-traditional power sources instead of conventional gasoline or diesel engines.


Pakistan PM forms committee to boost economic growth, seeks recommendations in two weeks

Pakistan PM forms committee to boost economic growth, seeks recommendations in two weeks
Updated 28 February 2025
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Pakistan PM forms committee to boost economic growth, seeks recommendations in two weeks

Pakistan PM forms committee to boost economic growth, seeks recommendations in two weeks
  • Shehbaz Sharif says the most effective way to improve the growth rate is to increase the country’s exports
  • The prime minister wants the leading business personalities and industrialists to be part of the committee

KARACHI: Prime Minister Shehbaz Sharif on Friday directed to form of a committee comprising industrialists and cabinet members to ensure sustainable economic growth, instructing it to offer recommendations within two weeks.
The move comes as Pakistan grapples with a fragile economy that has witnessed multiple boom-bust cycles over the past decades, forcing successive governments to seek external financial assistance, including repeated bailouts from the International Monetary Fund (IMF). Sharif’s administration is focusing on increasing exports and attracting investment to drive long-term growth.
The prime minister decided to set up the committee during a meeting with a delegation of prominent businessmen and industrialists, where he highlighted the government’s commitment to create a business-friendly environment.
“The prime minister has sought suggestions from business personalities and industrialists regarding sustainable improvement in the country’s growth rate,” said a statement released by his office after the meeting. “He has directed the formation of a committee comprising business figures, industrialists and government ministers.”
“This committee will provide recommendations to the government within two weeks to achieve sustainable growth,” it added.
Sharif emphasized that boosting exports was the most effective way to improve the growth rate, noting that his administration had been working to facilitate businesses and attract foreign direct investment.
He also pointed to the establishment of the Special Investment Facilitation Council (SIFC), which provides a one-window platform for investors, streamlining bureaucratic hurdles and offering incentives to businesses.
“The government is working on a priority basis to promote industry and business in the country,” he was quoted as saying during the meeting. “The business community and industrialists are the backbone of the country’s economy, and resolving their issues is our top priority.”
He highlighted recent improvements in macroeconomic indicators while acknowledging the need for further efforts to ensure the benefits of economic stability also begin to reach the public.


Pakistan signs deal with China for first astronaut mission to Tiangong space station

Pakistan signs deal with China for first astronaut mission to Tiangong space station
Updated 28 February 2025
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Pakistan signs deal with China for first astronaut mission to Tiangong space station

Pakistan signs deal with China for first astronaut mission to Tiangong space station
  • Both countries have deepened space cooperation, marked by satellite development and a lunar mission
  • Pakistani astronaut will train as a scientific payload specialist, conduct research aboard the space station

ISLAMABAD: In a landmark development, Pakistan’s space agency signed a cooperation agreement with China on Friday, setting the stage for the country’s first astronaut to embark on a mission to a Chinese space station, prompting Prime Minister Shehbaz Sharif to applaud the development.

Pakistan and China have deepened their space cooperation, marked by joint satellite development and a planned lunar mission. Last month, the two nations signed a memorandum of understanding for the South Asian nation’s first lunar rover to be included in China’s Chang’e 8 mission in 2028.

The rover, developed by Pakistan’s Space & Upper Atmosphere Research Commission (SUPARCO), will land at the lunar south pole, carrying scientific instruments designed by Pakistani, Chinese and European scientists. Pakistani scientists will operate the rover from Earth, conducting surface mapping, soil analysis and radiation studies.

Pakistan previously made its mark in lunar exploration in 2024, when its first lunar satellite, ICUBE-Q, developed by students at the Institute of Space Technology (IST) in collaboration with Shanghai Jiao Tong University, was deployed aboard China’s Chang’e 6 mission to capture lunar images and collect magnetic field data.

SUPARCO has now signed a deal with the China Manned Space Agency (CMSA) to train and send a Pakistani astronaut to Tiangong, China’s space station, in an initiative expected to boost Pakistan’s presence in space research.

“It’s a great opportunity and a wonderful event where we have just witnessed the signing ceremony between Pakistan and China on extending our cooperation to promote space cooperation and getting ready to train our first Pakistani astronaut on a space flight to the Chinese space station,” Sharif said at the ceremony.

“This is yet another wonderful gesture from the Chinese government to further deepen our cooperation in this field and many other fields over the last many decades,” he added.

Sharif thanked Chinese President Xi Jinping for supporting Pakistan, saying the two countries’ collaboration had transformed his country’s economy.

An official SUPARCO statement detailed the agreement, confirming two Pakistani astronauts will initially undergo training at the Astronaut Center of China, with one ultimately selected as a scientific payload specialist to conduct research aboard the Chinese space station. The astronaut selection process will be completed by 2026, with a planned spaceflight in an upcoming mission.

The mission will focus on scientific experiments across multiple disciplines, including biological and medical sciences, aerospace, applied physics, fluid mechanics, space radiation, ecology, material sciences, microgravity studies and astronomy.

“The China Space Station is equipped with state-of-the-art experimental racks and external adaptors, facilitating multi-domain research,” the statement said, adding that findings from the experiments are expected to contribute to medical research, environmental monitoring and space technology with potential benefits for life on Earth.