Pakistan army rescue team departs for Turkey as earthquake kills over 1,650

People search for survivors through the rubble in Diyarbakir, on February 6, 2023, after a 7.8-magnitude earthquake struck the country's south-east. (AFP)
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Updated 06 February 2023
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Pakistan army rescue team departs for Turkey as earthquake kills over 1,650

  • More than 2,600 people killed and thousands injured in Turkey and northwest Syria
  • President Tayyip Erdogan says 45 countries have offered to help with rescue efforts

ISLAMABAD: A Pakistani military search and rescue team left for Turkey on Monday night, the Prime Minister's Office has said, as the death toll from a deadly earthquake that rocked wide swaths of Turkey early in the morning crossed 1,6500.

In Turkey, the death toll stood at 1,651, the national disaster agency said, already the highest death toll from an earthquake in Turkey since 1999, when a tremor of similar magnitude devastated the heavily populated eastern Marmara Sea region near Istanbul, killing more than 17,000.

At least 968 people were killed in Syria, according to figures from the Damascus government and the United Nations. The Norwegian Refugee Council said the earthquake would only add to the suffering of millions of Syrians already enduring a humanitarian crisis due to an 11-year-long civil war.

The Pakistani PM’s Office said the National Disaster Management Authority had coordinated an action plan under which a military plane would depart at 10 pm on Monday night, “carrying Army's Search and Rescue Team, directly to Turkiye earthquake area.”

“In early morning tomorrow 7 Feb, a PIA flight space for 50 individuals and 15 ton load is available to carry Rescue 1122 team to Turkiye,” the statement said.

Another military plane will also fly out to Istanbul on Tuesday carrying seven tonnes of cargo, including winterized tents, blankets and other articles.

“From 8 Feb onwards we will have 15 ton cargo space on daily PIA flights (alternatively from Islamabad and Lahore) to Turkiye and Syria. We will push follow up cargo loads and medical teams (from Army and Ministry of Health) to both countries," the statement said.

Hundreds are still believed to be trapped under rubble across the two nations, and the toll is expected to rise as rescue workers searched mounds of wreckage in cities and towns across the area.

Pakistani Prime Shehbaz Sharif held a telephone call with President Tayyip Erdogan on Monday afternoon and “conveyed heartfelt condolences over loss of precious lives and property.”

The Pakistan Embassy in Ankara said “assistance teams” from Pakistan would reach Turkey “very soon.”

Erdogan has said 45 countries had offered to assist with search and rescue efforts.


Pakistan stocks recover as oil supply fears ease after Islamabad seeks Red Sea route— analyst

Updated 05 March 2026
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Pakistan stocks recover as oil supply fears ease after Islamabad seeks Red Sea route— analyst

  • Pakistan has sought Saudi help to secure oil supplies via Red Sea port after Iran’s closure of Strait if Hormuz
  • Analyst says higher crude oil prices, expectations of IMF releasing next loan tranche also triggered bullish activity

ISLAMABAD: Pakistani stocks marked a sharp recovery when trading closed on Thursday, as institutional activity increased following Islamabad’s move to seek crude oil supplies through the Red Sea port eased oil supply fears, a financial analyst said. 

Pakistani stocks have recorded a sharp decline this week, with the benchmark KSE-100 index recording its largest-ever single-day decline on Monday when it plunged 16,089 points. Escalating conflict in the Middle East triggered panic selling at the Pakistani bourse, forcing a temporary trading halt on Monday. 

The KSE-100 index, however, gained 3.49 percent or 5,433.46 points to close at 161,210.67 when trading ended on Thursday, up from the previous close of 155,777.21 points, according to Pakistan Stock Exchange’s (PSX) data.

Pakistan’s Petroleum Minister Ali Pervaiz Malik met Saudi Ambassador Nawaf bin Said Al-Malki on Wednesday to discuss Iran’s closure of the key Strait of Hormuz, which has threatened Pakistan’s energy supply. Roughly 20 percent of the global oil and gas supply passes through the route. Saudi Arabia indicated it could facilitate shipments through the Red Sea port of Yanbu, offering an alternative route if Gulf shipping lanes remain disrupted, the petroleum ministry said on Wednesday. 

“Stocks staged a sharp recovery at PSX amid institutional activity on easing fuel supply fears after KSA [Kingdom of Saudi Arabia] commits oil supplies through the Red Sea port,” Ahsan Mehanti, chief executive officer at Arif Habib Commodities, told Arab News.

He said higher global crude oil prices and expectations of the International Monetary Fund releasing its next tranche of the $7 billion loan for Pakistan also helped bullish activity at the PSX.

An IMF mission was in Pakistan to hold talks on the third review of a $7 billion Extended Fund Facility multi-year program, and for the second review of the $1.4 billion Resilience and Sustainability Facility this week.

However, the delegation left for Türkiye amid tensions in the Gulf. Pakistani officials have said talks are likely to continue virtually in the coming days. 

Pakistani brokerage Topline Securities said in its daily market review report that strong institutional buying “turned the tide” on Thursday after the market’s recent overreaction to regional issues.

The report added that Hub Power Company (HUBC), Oil & Gas Development Company (OGDC), Fauji Fertilizer Company (FFC), Engro Corporation (ENGROH), and Meezan Bank Limited (MEBL) collectively contributed 2,197 points to the KSE benchmark’s gain.

Topline Securities said 723 million shares were traded on Thursday, with K-Electric Limited (KEL) stealing the spotlight as more than 1.17 billion shares changed hands.

Pakistani investors are closely monitoring developments in the Gulf, particularly around energy routes and further retaliatory actions, as the conflict’s trajectory remains uncertain.