Three people pulled from stranded cable car week after Pakistan chairlift rescue watched by the world 

The still image taken from a video shows rescue workers on their way to save stranded individuals in a chairlift above Pakistan’s northwestern Chitral river on August 29, 2023. (Photo courtesy: Rescue 1122)
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Updated 29 August 2023
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Three people pulled from stranded cable car week after Pakistan chairlift rescue watched by the world 

  • Rescue teams quickly responded to the incident upon receiving a call, managing to complete the operation within 45 minutes 
  • Last week, a cable car carrying eight passengers was stranded over a river in Battagram, prompting a 16-hour rescue mission 

PESHAWAR: Three individuals were successfully rescued on Tuesday after being stranded in a chairlift above Pakistan’s northwestern Chitral river when its wire snapped, rescue officials said, a week after a similar cable car malfunction in the country’s Battagram district led to a 16-hour rescue effort that grabbed global attention. 

Rescue teams were immediately dispatched to the location of the incident when they received a call, according to officials. It took 45 minutes to complete the rescue mission. 

“Three people were stuck in the chairlift while they were crossing a river in the Kuragh area of Upper Chitral,” Suhail Ahmad, a Rescue 1122 official in Chitral, told Arab News over the phone. 

“Seven members from Rescue 1122 took part in the rescue operation… all three people stuck in the chairlift were rescued safely.” 

The individuals, belonging to the Gahlasht village, were trying to reach the regional headquarters of Buni by crossing the Chitral river via cable car, Ahmad said. 

“The chairlift came to a standstill midway as its cable snapped, so our rescue officials employed the ‘repelling technique’ to secure the victims,” explained Bilal Faize, a spokesperson for the Khyber Pakhtunkhwa Rescue 1122 service. 

He said the technique required the rescuers to lower themselves using a rappel device, ultimately attaching a rope to the cable car and guiding it to safety. 

The incident unfolded exactly a week after another cable car carrying a group of seven schoolboys and an adult in the Battagram district was left hanging hundreds of meters above the ground due to a cable malfunction. The harrowing incident led to a 16-hour-long rescue operation that brought together civilians, rescue teams and armed forces officials in a comprehensive effort. 

Make-shift cable cars that carry passengers are common across the northwestern Khyber Pakhtunkhwa province and the northern Gilgit-Baltistan region and are vital in connecting villages and towns in areas without roads. 

In 2017, 10 people were killed when a chairlift cable broke, plunging passengers into a ravine in a mountain hamlet near the capital Islamabad. 


Pakistan, global crypto exchange discuss modernizing digital payments, creating job prospects 

Updated 05 December 2025
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Pakistan, global crypto exchange discuss modernizing digital payments, creating job prospects 

  • Pakistani officials, Binance team discuss coordination between Islamabad, local banks and global exchanges
  • Pakistan has attempted to tap into growing crypto market to curb illicit transactions, improve oversight

ISLAMABAD: Pakistan’s finance officials and the team of a global cryptocurrency exchange on Friday held discussions aimed at modernizing the country’s digital payments system and building local talent pipelines to meet rising demand for blockchain and Web3 skills, the finance ministry said.

The development took place during a high-level meeting between Finance Minister Muhammad Aurangzeb, Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman Bilal bin Saqib, domestic bank presidents and a Binance team led by Global CEO Richard Teng. The meeting was held to advance work on Pakistan’s National Digital Asset Framework, a regulatory setup to govern Pakistan’s digital assets.

Pakistan has been moving to regulate its fast-growing crypto and digital assets market by bringing virtual asset service providers (VASPs) under a formal licensing regime. Officials say the push is aimed at curbing illicit transactions, improving oversight, and encouraging innovation in blockchain-based financial services.

“Participants reviewed opportunities to modernize Pakistan’s digital payments landscape, noting that blockchain-based systems could significantly reduce costs from the country’s $38 billion annual remittance flows,” the finance ministry said in a statement. 

“Discussions also emphasized building local talent pipelines to meet rising global demand for blockchain and Web3 skills, creating high-value employment prospects for Pakistani youth.”

Blockchain is a type of digital database that is shared, transparent and tamper-resistant. Instead of being stored on one computer, the data is kept on a distributed network of computers, making it very hard to alter or hack.

Web3 refers to the next generation of the Internet built using blockchain, focusing on giving users more control over their data, identity and digital assets rather than big tech companies controlling it.

Participants of the meeting also discussed sovereign debt tokenization, which is the process of converting a country’s debt such as government bonds, into digital tokens on a blockchain, the ministry said. 

Aurangzeb called for close coordination between the government, domestic banks and global exchanges to modernize Pakistan’s payment landscape.

Participants of the meeting also discussed considering a “time-bound amnesty” to encourage users to move assets onto regulated platforms, stressing the need for stronger verifications and a risk-mitigation system.

Pakistan has attempted in recent months to tap into the country’s growing crypto market, crack down on money laundering and terror financing, and promote responsible innovation — a move analysts say could bring an estimated $25 billion in virtual assets into the tax net.

In September, Islamabad invited international crypto exchanges and other VASPs to apply for licenses to operate in the country, a step aimed at formalizing and regulating its fast-growing digital market.