Authorities alerted as raging cyclone drifts closer to Pakistan’s commercial hub 

People cool off in the Arabian sea during a hot summer day in Karachi on July 2, 2021. (AFP/File)
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Updated 10 June 2023
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Authorities alerted as raging cyclone drifts closer to Pakistan’s commercial hub 

  • Met Office says coastal areas of Pakistan currently ‘not under threat’ 
  • It advises fishermen not to venture into sea from June 11 onwards 

ISLAMABAD: The Pakistan Meteorological Department (PMD) on Saturday alerted authorities in the Sindh and Balochistan provinces as a “very severe cyclonic storm” intensified above the Arabian Sea over the last 12 hours, laying at a distance of about 910 kilometers from Pakistan’s commercial hub of Karachi. 

The Arabian Sea, which borders the country’s southern coastline, is susceptible to such weather systems. This week, a deep depression over the sea intensified into a cyclonic storm, Cyclone Biparjoy, with waves rising as high as about 28 feet. 

“The Very Severe Cyclonic Storm (VSCS) ‘BIPARJOY’ over east-central Arabian Sea maintaining its intensity further tracked north-northeastward during past 12 hours and now lies near Latitude 16.7°N & Longitude 66.4°E at a distance of about 910km south of Karachi, 890km south of Thatta, and 990km southeast of Ormara,” the PMD said in a statement on Saturday. 

The favorable environmental conditions at the sea are intensifying the cyclone, but there is uncertainty regarding its direction owing to a shift in the upper-level steering winds of the storm, according to the global models’ final track forecast, with some experts saying it was heading to the Makran-North Oman coast while others indicating that it was moving toward the Indian Gujrat-Sindh coast. 

“Given this uncertainty, the system is predicted to keep tracking further north/northeastward during the next 18-24 hours and then slightly recurve to the north-northwest,” the PMD said, adding its cyclone warning center in Karachi was monitoring the system and would issue an update accordingly. 

In a Twitter post, the Met Office also said that while the coastal areas of Pakistan were “not under threat” at the moment, it advised fishermen not to venture into the open sea from June 11 onward until the system is over as the Arabian Sea conditions could get “very rough,” with high tides along the coast. 

On Friday, Pakistan’s National Emergency Operation Center (NEOC) said the country’s coastal areas had “no major threats” from Biparjoy that was hovering over the Arabian Sea. 

“There are currently no major threats to coastal areas in Pakistan. However, the cyclonic system may intensify further due to favorable environmental conditions,” the state-run Radio Pakistan broadcaster reported, citing the NEOC. 

“It has slightly changed course and is moving in a north-northeast direction, possibly drifting toward the Makran Coast of Pakistan.” 

The development came hours after Climate Change Minister Sherry Rehman said the country’s coastal areas were likely to witness the impact of the cyclone, previously thought to be moving toward Oman. 

“Of ‘Persistent intensity’ it is tracked as slowly moving in north-northeast direction, and may drift north-westwards toward Pakistan’s Makran Coast. The environmental conditions supporting the system may intensify further,” the minister said in a Twitter post. 

“Fishermen are advised not to venture out into the open sea from Monday, 12 June onwards until the system has passed over the Arabian Sea,” she added. “Conditions at sea may get very rough accompanied with high tides along the coast.” 

The developing situation was continuously being monitored in the NEOC, according to the report. The NDMA chief instructed the provincial disaster management authorities to conduct a local-level assessment of needs, deploy manpower and machinery, and work closely with all departments. 

During the meeting, officials from the Sindh and Balochistan provinces that are home to the Makran Coast also shared progress on mass communication efforts, assessment and logistics support for areas at risk from the cyclone. 
 


JazzCash signs deal with Binance in UAE to explore regulated crypto adoption in Pakistan

Updated 24 min 59 sec ago
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JazzCash signs deal with Binance in UAE to explore regulated crypto adoption in Pakistan

  • MoU focuses on awareness and development of compliant virtual-asset solutions in Pakistan
  • Pakistan introducing licensing regime for crypto firms as it formalizes digital-asset oversight

ISLAMABAD: Pakistani financial-technology platform JazzCash has signed a memorandum of understanding with global cryptocurrency exchange Binance in the United Arab Emirates to explore cooperation on virtual-asset use and education in Pakistan, the company said on Wednesday.

The agreement sets a framework for discussions on awareness campaigns and future digital-asset products that would comply with Pakistan’s emerging crypto regulations. The move signals growing engagement between global blockchain companies and Pakistani fintechs as authorities shift toward formal licensing of the sector.

Pakistan has spent the past year drafting rules to regulate the fast-expanding market for digital coins and tokens, requiring virtual-asset service providers to obtain government approval. Officials say the transition is aimed at curbing money-laundering and terror financing risks, boosting transparency and encouraging responsible innovation.

“JazzCash has always championed technologies that expand financial access while promoting secure and inclusive participation in the digital economy," JazzCash Chief Executive Officer Murtaza Ali said. 

“By entering into this exploratory MoU with Binance, we are advancing our efforts to understand how global digital-asset trends can support Pakistan’s evolving regulatory landscape. We aim to engage responsibly, support regulatory progress, and advance opportunities that build trust, transparency and innovation for our customers.”

The MoU does not establish a commercial partnership, but marks one of the most high-profile engagements between Pakistan’s fintech sector and a global crypto exchange as the country moves toward regulated digital-asset adoption.

Binance welcomed the cooperation, framing it as part of Pakistan’s shift toward regulated digital-asset activity.

"With regulatory frameworks like [Pakistan Virtual Assets Regulatory Authority] PVARA paving the way, this collaboration represents a significant step toward expanding financial inclusion and empowering more people to access the benefits of blockchain technology in a secure and compliant environment," Binance Chief Marketing Officer Rachel Conlan said.

Earlier this month, Binance executives met Pakistani finance officials to discuss digital-payments reform, blockchain-skills training and the potential for Web3-linked jobs. Pakistan also set up the Pakistan Crypto Council and formed PVARA this year to license and supervise crypto-asset service providers.