Saudi special ops forces to participate in five-day Pakistan naval exercise from Friday

Commander Pakistan Fleet Vice Admiral Ovais Ahmed Bilgrami, addresses a news briefing to host Pakistan Navy's 8th Multinational Exercise AMAN-23 under the slogan of "Together for Peace", in Karachi, Pakistan, February 8, 2023. (Photo courtesy: REUTERS)
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Updated 08 February 2023
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Saudi special ops forces to participate in five-day Pakistan naval exercise from Friday

  • Around fifty countries are patriating in the multinational maritime exercise
  • Exercise is held every two years to provide platform to exchange maritime expertise

KARACHI: A Saudi special forces team will be participating in a five-day multinational military exercise led by Pakistan in the Arabia Sea this week, a Pakistan navy official said on Wednesday.

The Pakistan Navy conducts the AMAN (peace) multinational maritime exercise every two years since 2007.

The eighth edition of the exercise, called AMAN-23, will start on Friday with ships, aircrafts, Special Operation Forces, Explosive Ordnance Disposal (EOD) Marines teams and observers from over 50 countries. 

“From Saudi Arabia, a team of special operation forces is participating in the Multinational Maritime Exercise this year,” Commander Pakistan Fleet Vice Admiral Ovais Ahmed Bilgrami told reporters at a press briefing. 

“Teams from Kuwait and Oman are also participating.”

The Navy said the exercise was divided into the harbor and sea phases. The harbor phase involves activities such as seminars, operational discussions, professional demonstrations, international get togethers and pre-sail planning of evolutions at sea.

The sea phase would include tactical maneuvers, exercises related to maritime security such as anti-piracy and counterterrorism, search and rescue, gunnery firings and air defense exercises.

The highlight of the sea phase would be an International Fleet Review, to be witnessed by national and foreign dignitaries.

Commander Pakistan Fleet said that the principal purpose of the exercise was to provide a forum to understand other nations’ maritime concepts and operational cultures, enhance interoperability as well as identify ways to combat common threats at sea.

“The occasion also helps foster friendships, bridging gaps and making it possible for countries from far and wide to operate together in pursuance of shared objectives,” Bilagram said, adding that as a maritime nation, Pakistan had “substantial stakes” in keeping the seas safe and secure:

“Our interests are based on three major factors. Firstly, our extraordinary dependence on the seas for trade, secondly, operationalization of the CPEC [China Pakistan Economic Corridor] project and thirdly, our strategic location astride the global energy highway.”

Cumulatively, Bilgrami said, these realities made maritime stability a “vital national security interest.”

“We realize the importance of maritime security not only for Pakistan but for all other countries whose prosperity and progress are tied to the seas,” the naval officer said. “While we talk of security and stability at sea, let us be mindful of the threats and challenges that we face in the maritime domain, ranging from piracy, terrorism, narco-arms trafficking to climate change.”

Bilgrami said the vastness of the seas made it “extremely difficult” for any one nation to deal with the diverse challenges alone.

“This calls for collective effort to make sure the seas remain safe and secure for all of us to use and benefit from Pakistan Navy is therefore a firm believer in the concept of Collaborative Maritime Security and has been actively participating in Maritime Security and Counter Piracy Operations along with other partner navies since 2004,” he said.

Since 2018, Pakistan Navy has been undertaking Regional Maritime Security Patrols through which its ships maintain a presence in vital sea areas in the Indian Ocean Region, he said.
 


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.