After Arshad Nadeem’s heroics, Pakistan Sports Board vows top-notch training for athletes

Arshad Nadeem, of Pakistan, competes during the men's javelin throw final at the 2024 Summer Olympics in Saint-Denis in France on August 8, 2024. (AP/File)
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Updated 12 August 2024
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After Arshad Nadeem’s heroics, Pakistan Sports Board vows top-notch training for athletes

  • Nadeem’s Olympic triumph put spotlight on lack of training facilities, infrastructure for local athletes
  • Pakistan Sports Board says arranging qualified coaches, trainings for local athletes in foreign countries 

ISLAMABAD: The Pakistan Sports Board (PSB) has vowed to provide top-notch training for athletes in its bid to turn them into world-class performers, state-run media reported on Monday, days after javelin thrower Arshad Nadeem clinched Olympic gold despite a lack of training facilities and resources. 

Nadeem, 27, made history last Thursday when he bagged Pakistan’s first Olympic gold medal in 40 years in the men’s javelin competition, hurling the light spear at a record-breaking distance of 92. 97 meters. This was Pakistan’s first individual Olympic gold medal in a country where limited funding for sports is usually spent on cricket and hockey teams. 

The athlete is the son of a daily wage laborer in Pakistan’s Mian Channu city in Punjab and never had access to proper training facilities. His brother told international wire agency Reuters that he and Nadeem initially trained with improvised homemade javelins that they made by using long eucalyptus branches with iron tips on their ends. Nadeem was still training with substandard javelins months before the Paris Olympics until a last-minute appeal saw the Pakistani government intervene to sponsor his equipment. 

While Nadeem’s triumph on the international stage has won him accolades and laurels, it has also put the spotlight on the lack of support and facilities local athletes get from authorities in the country. 

“Deputy DG Muhammad Shahid Aslam said the PSB is leaving no stone unturned in its efforts to provide top-notch training to athletes,” the state-run Associated Press of Pakistan (APP) reported on Monday. 

Aslam said the PSB is arranging qualified and certified coaches to work with athletes and organize training sessions for them in foreign countries so that they are exposed to international standards. 

“To another query, Director General Muhammad Shahid Islam urged social media activists and users to refrain from spreading propaganda against sports and instead focus on showcasing the soft image of Pakistan at the global level,” APP said. 

He cited Nadeem’s example, saying that the athlete was sent by the PSB to various countries to train, which ultimately contributed to his remarkable success in winning the top medal at the Olympics. 

Nadeem returned home from Paris late Saturday night to a hero’s welcome at the Allama Iqbal International Airport in Lahore. Thousands thronged the airport to catch a glimpse of the star athlete, whose Turkish Airlines flight was saluted by water cannons after it landed at the airport. 

Top government functionaries welcomed Nadeem at the airport, garlanded with flowers from where he was taken to Mian Channu in a VVIP police protocol. 
 


Pakistan grants commercial license to Kuwait-backed Shariah-compliant digital bank

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Pakistan grants commercial license to Kuwait-backed Shariah-compliant digital bank

  • Pakistan has announced that Raqqami Islamic Digital Bank aims to launch operations this month with $100 million investment
  • Prime Minister Shehbaz Sharif calls for Kuwait and Pakistan to translate cordial political relations into strong economic ties

ISLAMABAD: Prime Minister Shehbaz Sharif granted the Kuwait Investment Authority-backed Raqqami Islamic Digital Bank (RIDB) the commercial license to operate in Pakistan on Tuesday, stressing the need to convert cordial political ties between the two countries into a strong economic relationship. 

Pakistan’s finance adviser Khurram Schehzad announced last month that RIDB intends to launch operations in the South Asian country from February with a $100 million investment. 

The RIDB describes itself as Pakistan’s first fully Shariah-compliant digital bank. The retail bank offers online financing, savings and payment services to individuals and small and medium-sized enterprises, also focusing on financial inclusion for underserved segments.

Prime Minister Sharif participated in a ceremony to grant the license to RIDB in Islamabad. The event was attended by top RIDB officials including its Chairman Abdullah Al-Mutairi and Chief Executive Officer Umair Aijaz. 

“This would go a long way in further strengthening our brotherly and our bilateral economic relations,” Sharif told participants. “You said very aptly that economic and brotherly relations go hand in hand. It cannot be that your political relations flourish but economic relations remain stagnant.”

He said the Shariah-compliant digital bank will also have features that will support and augment banking in Pakistan. 

Sharif called on both nations to join hands to promote their bilateral economic, investment and trade relations “like never before.” He vowed that Pakistan’s government was committed to enhancing bilateral trade and economic ties by working closely with the Kuwaiti government.

Pakistan’s banking sector is dominated by a handful of large lenders with strong capital buffers and profits driven largely by holdings of government securities.

Pakistan has intensified its efforts in recent years to secure foreign investment, particularly from Gulf nations, as it seeks to ensure sustained economic progress. Schehzad has said that the RIDB’s entry into Pakistan reflects strengthening investment ties between Islamabad and Kuwait, particularly in the financial and digital economy sectors.