ISLAMABAD: Pakistan’s army chief General Qamar Javed Bajwa applauded his country’s strategic partnership with China after witnessing the commissioning of an advanced Chinese tank into the army’s strike formation in Gujranwala city on Tuesday.
Pakistan and China have maintained strong diplomatic and military cooperation with each other.
The two countries signed a defense pact in December 2020, only a few months after the United States and India reached the Basic Exchange and Cooperation Agreement for Geo-Spatial Cooperation.
After jointly developing JF-17 fighter jet with China, Pakistan formally inducted VT-4 Tank on Tuesday, said the military’s media wing, ISPR, in an official statement.
“VT-4 Tank is another symbol of [the] Pakistan-China strategic cooperation and defense collaboration,” the army chief said at the occasion. “Its induction will boost strike capabilities of our formations.”
According to the ISPR statement, the Chinese tank “is a robust war fighting machine” with “advanced armor protection, high maneuverability and exceptional firepower.”
“The fast-changing dynamics of warfare demand highest degree of professionalism and rigorous training with due focus on harnessing sophisticated technologies,” he added.
General Bajwa maintained that a continuous up-gradation of conventional capabilities was imperative to maintain “qualitative edge over adversary and deter aggression.”
He also witnessed the Dynamic Integrated Training Simulator for VT-4 Tank.
After jointly developing JF-17 fighter jets, Pakistan now formally inducts advanced Chinese tank
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After jointly developing JF-17 fighter jets, Pakistan now formally inducts advanced Chinese tank
- General Qamar Javed Bajwa witnessed the induction of the VT-4 tank into the army’s strike formation
- Pakistan and China inked a defense pact in 2020 after US and India signed military agreement
Saudi-backed Wafi Energy Pakistan announces 7.5 percent increase in profits last year
- Wafi Energy Pakistan operates one of country’s largest fuel retail, lubricants networks
- The company is also planning a Dubai-based subsidiary to expand its commercial activities
KARACHI: Wafi Energy Pakistan Limited, a subsidiary of Saudi Arabia-based Wafi Energy Holding, on Friday announced a Rs3.54 billion ($12.6 million) profit last year, marking a 7.5 percent increase from the previous year.
In 2025, Wafi Energy acquired Shell Pakistan and added 35 new retail sites to its network, including a second eco-friendly Shell site built with recycled plastic, bringing the Shell retail network to over 680 sites nationwide.
The lubricants business continued strong performance across both consumer and industrial segments and Wafi Energy said had continued its growth in indirect and process oil segments, besides expanding its mining portfolio.
“We delivered a strong business performance in 2025 and importantly, we did so while investing to grow. Our focus through the year was clear – to expand in priority growth areas, establish Wafi Energy in Pakistan and strengthen the Shell customer experience,” Zubair Shaikh, Wafi Energy Pakistan’s chief executive officer, said in a statement.
“In 2026, our ambition is to accelerate growth, build shareholder value and continue investing in the energy future for Pakistan.”
Wafi Energy Pakistan Limited, formerly Shell Pakistan Limited, operates one of the country’s largest fuel retail and lubricants networks. Shell plc divested its majority stake in 2024, after which the company was rebranded under Saudi ownership while continuing to market fuels and lubricants under the Shell brand.
The company said it remains focused on operational excellence and growth.
“The company is also advancing its investment strategy by planning a Dubai-based subsidiary to expand commercial activities and strengthen its regional presence,” it said.
“This strategic move underscores Wafi Energy’s commitment to sustainable growth and expanding its footprint.”
