ISLAMABAD: Pakistan’s diplomatic mission in Dubai has honored the country’s undefeated boxer Taimoor Khan by handing him over a recognition shield and certificate after he clinched victory over his Indian rival Jaskaran Singh last week, retaining his status as the reigning heavyweight champion of the Asian Boxing Federation.
Khan knocked out Singh on August 27 in a bout that did not last for too long. The match was part of the World Boxing Association’s (WBA) event held in the United Arab Emirates.
According to a statement released by the country’s consulate general in Dubai, Ambassador Faisal Niaz Tirmizi presented the award to Khan on Wednesday. It said the event served as a testament to his exceptional performance, which not only brought glory to him but also added to the achievements of Pakistan’s sports community.
“[Taimoor Khan’s] achievements bring pride to Pakistan and are a shining example of Pakistan’s talent and potential,” the statement quoted the ambassador as saying.
During the award presentation, the envoy emphasized the significance of cultivating a robust sports culture among the country’s young generation. He maintained the impact of sports reached far beyond the realm of physical prowess and strengthened the fabric of the national identity.
Khan expressed gratitude for being recognized for his efforts by his country’s diplomatic mission in the UAE and emphasized that his success was evidence of the endless possibilities for those who worked hard for their dreams.
He also expressed his desire to secure greater honors for Pakistan in the times ahead.
In January this year, Khan solidified his grip on the Asian Boxing Federation Heavyweight title by defeating his Thai counterpart, Aekkaphob Auraiwan, in a much-anticipated clash held in Bangkok.
So far, he remains undefeated after securing victory in all his competitions.
Pakistan’s diplomatic mission in UAE honors boxer Taimoor Khan following victory over Indian rival
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Pakistan’s diplomatic mission in UAE honors boxer Taimoor Khan following victory over Indian rival
- Khan knocked out India’s Jaskaran Singh on August 27 in a bout in Dubai that did not last for too long
- He says his victory is evidence of endless possibilities for those who work hard to achieve their dreams
Saudi Arabia leads Pakistan’s foreign remittances for January as inflows surge by 15.4%
- Pakistan received $3.5 billion in remittances in January, with Saudi Arabia leading inflows with $739.6 million
- Foreign remittances are crucial in increasing Pakistan’s foreign reserves, stabilizing cash-strapped nation’s currency
KARACHI: Pakistan received $3.5 billion in foreign remittances in January 2026, the central bank said on Tuesday, with Saudi Arabia once again leading the inflows that Islamabad considers crucial to ensure economic stability.
Foreign remittances are key for cash-strapped Pakistan as they increase foreign reserves, cushion the country’s current account and stabilize the national currency.
As per data released by the State Bank of Pakistan (SBP), foreign remittances increased 15.4% on a year-on-year basis in January 2026.
“Workers’ remittances recorded an inflow of $3.5 billion during January 2026,” the SBP said in a statement.
It added that cumulatively, with an inflow of $23.2 billion remittances increased by 11.3% during the July-January period of the current fiscal year. Last year, Pakistan reported receiving $20.9 billion during the same period.
Saudi Arabia remained the top source of foreign remittances in January with inflows recorded at $739.6 million, followed by the UAE with $694.2 million. The UK reported the third-highest inflows at $572.1 million while remittances from the USA totaled $294.7 million in January.
According to SBP data, remittances reached a record $38.3 billion in fiscal year 2024-25, up from about $30.3 billion the year before, reflecting strong labor migration to Gulf countries and improved formal banking channels.
Millions of Pakistanis work abroad in Gulf countries, Europe and USA, sending money to their families in Pakistan to support them financially. Islamabad has attempted to take advantage of this development in recent years, encouraging the use of formal channels and cracking down on illegal money transfer systems such as hawala and hundi.
