Saudi concludes successful campaign to treat blindness in Pakistan

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The KSRelief concluded a five-day campaign to treat blindness in Khairpur, Sindh. (Photo Courtesy of KS Relief Twitter Account)
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The KSRelief concluded a five-day campaign to treat blindness in Khairpur, Sindh. (Photo Courtesy of KS Relief Twitter Account)
Updated 02 December 2019
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Saudi concludes successful campaign to treat blindness in Pakistan

  • More than 6,000 residents treated by staff as part of the initiative
  • KSRelief, international charity, sign similar deals for seven other countries

KARACHI: The King Salman Humanitarian Aid and Relief Center (KSRelief) concluded a five-day campaign to treat blindness in Khairpur, Sindh province where thousands of beneficiaries thanked Saudi Arabia for the initiative, officials said on Monday.

“This was huge camp where a large part of the poor population got the most expensive treatment for free,” Rizwan Ahmed Baloch, the camp manager told Arab News, adding that people couldn’t afford the expensive treatment which is unavailable at government hospitals and costs Rs25,000 at private health facilities.




The KSRelief concluded a five-day campaign to treat blindness in Khairpur, Sindh. (Photo Courtesy of KS Relief Twitter Account)

“Eyes are priceless and only those having problem can feel its importance. The patients were very thankful but they said were expecting more such camps,” Baloch said.

In September, Saudi Arabia’s KSRelief had signed 16 deals with

Al-Basar International Foundation – which is an international health charity – to implement the medical programs in Bangladesh, Yemen, Cameroon, Nigeria, Morocco, Eritrea, and Pakistan.




The KSRelief concluded a five-day campaign to treat blindness in Khairpur, Sindh. (Photo Courtesy of KS Relief Twitter Account)


In Pakistan, the campaign’s medical team treated 6,295 people, including 3,302 men and 2,993 women, by performing 401 surgeries, distributing 3,500 eye drops and 1,450 glasses in non-surgical cases.

In a message posted on Twitter on Tuesday, KSRelief said that the eye procedures conducted during the Kharipur campaign included lens replacement surgery, too.

Dr. Nafisa Shah, central information secretary of the Pakistan Peoples Party (PPP) and a National Assembly member from Khairpur, visited the camp on Monday last week and commender the facilities on offer.

“I am thankful to KSRelief for its services to the people of my area,” she said before requesting the center to conduct more such campaigns and hold screenings for other diseases, especially hepatitis, as well.

In the past two decades, Saudi Arabia has spent $87 billion in humanitarian aid to 81 countries.

According to data provided by KSRelief, since 2014, more than 1,011 humanitarian aid programs – worth $3.5 billion – have benefitted residents in 44 countries, primarily Yemen, Palestine, Syria, Somalia, Pakistan, Indonesia, and Iraq.


Pakistan regulator amends law to facilitate capital raising by listed companies

Updated 19 January 2026
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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.