Pakistan to send two-member delegation to Kyrgyzstan, offers free evacuation to stranded students

The still image taken from a video shows crowds gather in Bishkek, Kyrgyzstan, in the early hours of May 18, 2024. (Photo courtesy: Radio Free Europe)
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Updated 18 May 2024
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Pakistan to send two-member delegation to Kyrgyzstan, offers free evacuation to stranded students

  • The decision comes after five Pakistani students were injured in mob violence against foreign nationals in Bishkek
  • Deputy PM Ishaq Dar will lead the delegation on Sunday morning to review arrangements for the return of students

ISLAMABAD: Prime Minister Shehbaz Sharif decided to send a two-member delegation to the Kyrgyz capital of Bishkek and offered free travel facilities to all Pakistani students stranded there on Saturday, following mob violence against foreign nationals enrolled in various universities that led to evacuation requests.
The violence erupted on Friday night after videos of a brawl between Kyrgyz and Egyptian students went viral online, prompting furious mobs to target hostels of medical universities and private lodgings of international students, including Pakistanis, in the city.
According to official statistics, around 10,000 Pakistani students are enrolled in various educational institutions in Kyrgyzstan, with nearly 6,000 residing and studying in Bishkek.
Speaking to Arab News on Saturday, many students reported the Pakistan embassy had advised them to stay indoors, though they had run out of food and water. Some even expressed fears that rioting might resume at night and requested evacuation by the authorities.
A statement released by the PM’s Office in the evening indicated that Sharif had directed Deputy Prime Minister Ishaq Dar and another cabinet member, Amir Maqam, to address the situation in Bishkek.
“Both officials will depart for Bishkek early tomorrow morning [on Sunday] via a special plane,” the statement continued. “Throughout the day, the Prime Minister had been monitoring the situation and staying in contact with the Pakistani ambassador in Bishkek.”
“Despite the satisfactory situation,” it added, “the decision to send this delegation was made to ensure necessary support and facilities for Pakistani students.”
The two Pakistani officials will meet with senior government officials in the Kyrgyz capital to ensure medical treatment for injured students and review arrangements for their return.
In an earlier statement, the prime minister noted that those who wanted to return to Pakistan would be “facilitated at the government’s expense.”
Sharif also declared that his administration would not leave the students alone during such a difficult time and would remain in contact with them and their parents through the embassy.
Meanwhile, the foreign office activated its Crisis Management Unit to facilitate and assist Pakistani nationals in the Kyrgyz Republic and their families. The unit can be contacted on the following numbers: +92519203108 and +92519203094, or via email at [email protected].
The country’s ambassador to Kyrgyzstan Hasan Zaigham said earlier in the day that five Pakistani medical students had been injured in the mob attack. One student was admitted to a local hospital with a jaw injury, while the other four were released after receiving first aid.
“No Pakistani was killed or raped in the violence,” he told Arab News over the phone, dispelling rumors circulating on social media. “The situation is under control now as Bishkek authorities have dispersed all the miscreants.”


Pakistan’s Engro executes $475 million Islamic financing deal to expand telecom infrastructure

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Pakistan’s Engro executes $475 million Islamic financing deal to expand telecom infrastructure

  • Islamic banking accounts for over a fifth of Pakistan’s banking assets amid a shift toward Shariah-compliant finance
  • The deal brings more than 10,000 telecom towers under Engro’s control, enabling their shared use by multiple operators

KARACHI: Pakistan’s largest conglomerate Engro Corp. has completed a Rs133 billion ($475 million) Islamic financing deal to acquire telecom tower company Deodar, expanding its telecom infrastructure business as the country seeks to strengthen digital connectivity, the company said on Friday.

The transaction, structured entirely through Shariah-compliant financing, brings more than 10,000 telecom towers under Engro’s control and marks one of the largest Islamic financing deals in Pakistan’s infrastructure sector.

Engro, which has major interests in energy, fertilizers, food and petrochemicals, said the acquisition would allow it to scale shared telecom infrastructure, under which a single tower can host multiple mobile network operators, lowering costs and reducing duplication as Pakistan prepares for next-generation digital services.

“My congratulations to the Dawood family and Engro, the Islamic bankers and conventional banks through their Islamic windows on being able to put together a deal of this size,” State Bank of Pakistan Governor Jameel Ahmed said at a ceremony marking the transaction, referring to the company and its chairman. “This is a great achievement which has been supported by the banks.”

The deal was supported by a group of local banks, including United Bank Limited and Meezan Bank, Engro said, highlighting the increasing role of Islamic financing in funding long-term investment in Pakistan.

Islamic banking, which operates without interest and is based on profit-and-loss sharing structures, accounts for more than a fifth of Pakistan’s banking assets, and authorities have said they aim to transition the financial system toward Shariah compliance over the coming years.

The acquisition of Deodar, which was originally carved out of mobile operator Jazz, also aligns with government efforts to digitize the economy by expanding broadband access and supporting digital payments, e-commerce and online public services, though progress has remained uneven due to infrastructure and regulatory challenges.