In a statement released by the foreign office on Sunday, Pakistan condemned the ‘inhuman act’ of a suicide bombing claimed by Daesh in a packed hotel wedding hall in western Kabul that killed 63 people and injured almost 200 on Saturday.
Islamabad reiterated its support for Afghanistan’s fight against militancy, at a time when violence in the country shows little signs of easing, and as US and Taliban delegates inch toward signing a peace deal which would eventually lead to the complete withdrawal of all foreign troops from Afghanistan, after nearly 18 years of the group’s ouster by Washington.
“We express our heartfelt condolences to the families of innocent victims... Terrorism is a common threat for the entire region and must be defeated together,” the statement said.
What was supposed to be a special night for Mirwais Elmi soon turned into a bloodbath after a suicide bomber detonated explosives in the hotel hall where his wedding ceremony was taking place.
Elmi and his bride – who were in separate areas of the venue – survived the blast which took place just before dinner was to be served to the nearly 1,000 guests who had gathered for the event in the southwestern part of the city.
Speaking to a private TV channel on Sunday, a visibly-shaken and shocked Elmi was unable to describe the carnage that took place.
“I am not a groom today, my family, my friends are all in grief,” Elmi who is in his early 20’s and works as a tailor said, adding that he never thought “that such an incident will happen during my wedding party.”
As survivors buried victims of the attack, an infant’s milk bottle and an invitation card could be seen strewn near one of the hotel’s walls, badly damaged from the blast’s impact.
On Sunday, Daesh claimed responsibility for the attack in a statement on a website called Telegram. The group first emerged in Afghanistan in 2014, and has since claimed many deadly attacks against minority communities in the country.
Earlier, the Taliban distanced themselves from the blast and strongly condemned it.
Elmi’s father-in-law lost 14 members of his family, while another man lost three of his sons, four nephews and five of his aunt’s grandchildren, according to survivor accounts.
“My family, my bride are in shock, they can not speak. My bride keeps fainting. I lost my brother, i lost my friends, i lost my relatives. I will never see happiness in my life again,” he said.
All five members of the music band which had been hired for the event died on the spot, too.
None of the guests were government officials, sought by Daesh or any other militant group. The groom and bride’s families, like many of those attending the ceremony, belonged to poor families.
Several of the victims were children and young men from the Shiite and Hazara communities, both of which have come under a spate of attacks, claimed by Da’esh and its affiliates, in recent times.
The hotel had no guards and guests were not body searched either, according to survivors. Shiite mosques, several cultural centers and at least one massive anti-government protest was subjected to such attacks recently, but Sunday’s attack on the wedding ceremony was the rarest of its kind, eliciting a reaction from President Ashraf Ghani who blamed the group for the incident.
“I strongly condemn the inhumane attack on the wedding hall in Kabul last night. My top priority for now is to reach out to the families of victims of this barbaric attack. On behalf of the nation I send my heartfelt condolences to the families of those who were martyred,” he tweeted.
“Taliban cannot absolve themselves of blame, for they provide platform for terrorists,” it added.
Shahzada Masood, a former government adviser said that by conducting such attacks, foreign “intelligence networks” were damaging the peace process, adding that any plans to divide Afghans on ethnic and sectarian lines would fail.
He said that another reason for the attack could be to further create a rift and add to the mistrust between the people and the government which was left out of the peace talks, with Ghani pushing to re-elect himself in September’s presidential polls.
The attack which precedes celebrations to mark a centenary of independence exposed the weakness of the government, Ghulam Hussien Nasiri, a lawmaker said.
“This was not the first such attack, government leaders live behind heavily protected compounds, drive in armored vehicles and have their families largely living abroad, but we the ordinary Afghans are suffering routinely,” he told Arab News.
Pakistan condemns Kabul explosion after 63 killed in wedding bloodbath
Pakistan condemns Kabul explosion after 63 killed in wedding bloodbath
- The suicide bombing, claimed by Daesh, in a packed wedding hall has been condemned by the Taliban
- Pakistan’s Foreign Office said terrorism was a common threat for the entire region and must be defeated together
Pakistan regulator amends law to facilitate capital raising by listed companies
- The amendments address challenges faced by listed companies when raising further capital from existing shareholders through a rights issue
- Previously, listed companies were prohibited from announcing a rights issue if the company, officials or shareholders had any overdue amounts
KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has notified amendments to the Companies (Further Issue of Shares) Regulations 2020 to facilitate capital raising by listed companies while maintaining adequate disclosure requirements for investors, it announced on Monday,
The amendments address challenges faced by listed companies when raising further capital from existing shareholders through a rights issue. Previously, listed companies were prohibited from announcing a rights issue if the company, its sponsors, promoters, substantial shareholders, or directors had any overdue amounts or defaults appearing in their Credit Information Bureau (CIB) report.
This restriction constrained financially stressed yet viable companies from raising capital, even in circumstances where existing shareholders were willing to support revival, restructuring, or continuation of operations, according to the SECP.
“Under the amended framework, the requirement for a clean CIB report will not apply if the relevant persons provide a No Objection Certificate (NOC) regarding the proposed rights issue from the concerned financial institution(s),” the regulator said.
The notification of the amendments follows a consultative process in which the SECP sought feedback from market stakeholders, including listed companies, issue consultants, professional bodies, industry associations, law firms, and capital market institutions.
The amendments are expected to enhance market confidence, improve access to capital for listed companies, and strengthen transparency within the rights issue framework, according to the SECP.
“To ensure transparency and protect investors’ interests, companies in such cases must make comprehensive disclosures in the rights offer document,” the regulator said.
“These disclosures must include details of any defaults or overdue amounts, ongoing recovery proceedings, and the status of any debt restructuring.”
The revised regulations strike an “appropriate balance” between facilitating corporate rehabilitation and enabling investors to make informed investment decisions, the SECP added.













