Pakistani expats await family reunions as Saudi readies to lift flight ban

A flight information display board at King Khalid International Airport in the Saudi capital Riyadh shows the schedule of flights arriving from different destinations including Pakistan January 11, 2021. (AFP/ File photo)
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Updated 22 April 2021
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Pakistani expats await family reunions as Saudi readies to lift flight ban

  • Several expatriates face an agonizing wait on relatives stranded in their homelands by flight suspensions, particularly during Ramadan
  • Saudi will resume international flights, which were suspended due to COVID-19 travel restrictions, on May 17

RIYADH: Syed Faiz Ahmad says he’s worried about the fate of two of his relatives who traveled to Pakistan for emergency reasons but were left stranded there after Saudi Arabia suspended flights to and from the Kingdom in the wake of the global coronavirus pandemic.

“One went to help his ailing father, leaving his family behind in Riyadh. But he got stuck. His wife and two children are all alone here and are desperately waiting for him to return, especially during this month of Ramadan,” Ahmad, a Pakistani expatriate residing in the Kingdom, told Arab News.

He is one of several expatriates in the Kingdom who face an agonizing wait on relatives stranded in their homelands by flight suspensions, particularly during Ramadan when most families look forward to gatherings around the iftar table.

Every Ramadan, with sunset nearing, families sit together during iftar to break their dawn-to-dusk fast, giving everyone a chance to catch up during the month-long festivity culminating in Eid Al-Fitr.

However, many expats are anxiously watching airline schedules as countries ease travel curbs, opening the way for family reunions.

International flights suspended due to coronavirus travel restrictions will resume on May 17, Saudi Arabia’s civil aviation authority GACA said in a circular.

Anwar Pasha Ansari, an Indian expatriate working in Jeddah, told Arab News that his daughter Heba Anwar is stranded in India.

“No father and mother should go through this agony,” he said.

Ansari said that his daughter left Jeddah to appear for her bachelor’s final exam in New Delhi, hoping to rejoin her family to celebrate Eid last year. “But perhaps destiny was preparing another fate,” he said.

Ansari said that travel bans “brought the curtain down for all parents like us whose children were held up in India.”
He added: “To add insult to injury, all students were asked to vacate their hostel and make their own living arrangements, which was a nightmare for parents working overseas.”

With no end to travel restrictions in sight, Ansari’s daughter planned to travel to Saudi Arabia via the UAE after spending 14 days in Dubai.
Ansari said that when his daughter arrived in Dubai in January, they were elated at the prospect of reuniting with her.

But with only three days left of her quarantine, a temporary traveling restriction from Dubai to Saudi Arabia came into force, and all hope was gone. “Heba spent a substantial time hoping against hope that flights would be resumed and checking any news pertaining to flight resumption to Saudi Arabia,” said Anwar. “She was only a couple of hours away from us.”

Finally, after all options were exhausted, Heba was forced to return to India, bravely telling her parents: “Papa and mummy, stay well, this phase will pass, too.”

Ansari’s story will be familiar to thousands separated from their children as the coronavirus pandemic challenges everyone’s patience, endurance and capacity to endure the hardships of separation.

Technology and video apps help but are not enough to bridge the gap as families face even more time apart.
Raafat Aoun, a Lebanese expat working in the Kingdom, told Arab News: “The closure of flights has affected many expat families. My brother-in-law had to travel to Beirut to attend to an emergency. Now he finds himself in a very difficult situation as he is stuck there, and his wife and four young children are all alone in Jeddah.”

Aoun said that his brother-in-law had been stranded for more than three months. “I am supporting them and extending them all the help I can. But this festive season is becoming very difficult for me, too. I hope and pray flights resume soon so that my brother-in-law can return to his family.”

There are nearly 1.06 million Pakistanis residing in the Kingdom with a majority working in unskilled sectors such as construction.


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.