Pakistan's prayers answered as cable car survivors given 'second life'

Youngsters who were trapped in a broken cable car, receive first aid following their rescue, in Battagram district of Pakistan's Khyber Pakhtunkhwa province on August 22, 2023. (AP)
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Updated 23 August 2023
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Pakistan's prayers answered as cable car survivors given 'second life'

  • Army commandos performed a miraculous rescue, winching two to safety with a helicopter, and bringing six down on a zip line
  • In northern Pakistan, cable cars and rickety rope bridges are the fastest way to move across villages and over ravines and valleys

PESHAWAR, Pakistan: When Pakistani villager Gul Faraz rang his family to raise the alarm that a cable had snapped and he and seven schoolchildren were trapped in a cable car swaying in the wind high above a rocky ravine, he doubted he would ever see home again.

"It is an unforgettable day," Faraz said on Wednesday, a day after army commandos performed a miraculous rescue, winching two to safety with a helicopter, and bringing the rest down on a zip line when it became too dark to fly safely in the gusting winds.

"I can't tell you what we experienced yesterday when one cable of the cable car suddenly snapped and we were stranded in the air," said Faraz, who at 20 years old was the only adult aboard, and the only person with a mobile phone.

He called his family first, and then television channel Geo News, whose coverage quickly drew the attention of the world's media to the drama unfolding in the remote mountains of northwestern Pakistan.

It is a part of the world where cable cars and rickety rope bridges are the fastest way to move from a village on one hillside to its nearest neighbour across ravines and valleys.

The owner and the operator of the cable car have since been arrested, police said on Wednesday, though the allegations against them were not clear.

The schoolchildren, aged between 10 and 16, had been coming down from their homes in Jhangri to a school in Battangi, comprising two villages in the Allai valley, when the calamity struck at around 7 a.m. local time.

The journey by cable car usually takes just a matter of minutes, whereas travelling along the rough mountain roads and tracks takes hours.

It would be 16 hours before the high-risk rescue operation brought everyone safely off the flimsy car as it dangled 183 metres (600 feet) above the ground, the military said, lowering the height estimated by officials earlier but making it no less deadly.

There were fears the remaining cable could give way any time, and cries of "God is Great" arose from people gathered around to see the children brought down on harnesses by soldiers on a zip line.

"At some point, I had lost hope that we would safely return home," Faraz told Reuters by telephone from his home, where his family was receiving visitors from villages across the region, all offering thanks for their survival.

Having dreaded the worst, Pakistan exulted with relief and pride over the daring rescue.

"Our first priority was to secure the children," caretaker Prime Minister Anwar ul Haq Kakar said, describing the feat as "near impossible".

"It was heartening to see the whole nation praying and standing united ... in the hour of need," Kakar told a news conference in the southern city of Karachi.

Those prayers were answered for Faraz and the children.

"We got a second life," 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.