Pakistan’s Punjab reports 86 dengue cases over past 24 hours

Patients suffering from dengue fever rest under mosquito nets at a hospital in Karachi on October 4, 2022. (AFP/File)
Short Url
Updated 22 September 2024
Follow

Pakistan’s Punjab reports 86 dengue cases over past 24 hours

  • Rawalpindi reports 74 dengue cases during past 24 hours, says Punjab health department 
  • Dengue fever is endemic to Pakistan, which experiences year-round transmission of disease

ISLAMABAD: Pakistan’s largest province Punjab has reported 86 cases of the dengue virus over the last 24 hours, the province’s Department of Primary and Secondary Health Care said on Sunday, assuring citizens it has completed all arrangements to contain the disease. 

Dengue is an illness that spreads through vectors, carried by the bite of an infected mosquito. There is currently no cure or vaccine for dengue fever and in its most severe form, can lead to fatalities.

People affected by dengue go through intense flu-like symptoms including high fever, intense headache, muscle and joint pain, and nausea and vomiting, typically persisting for approximately a week.

“According to the Department of Primary and Secondary Health Care, 86 cases of dengue were reported in the province during the last 24 hours,” the statement said. 

As per details provided by the Punjab health department, 74 of the 86 dengue cases were reported from the eastern city of Rawalpindi while two dengue cases each were reported from Gujranwala, Sheikhupura, Attock and Mianwali cities over the last 24 hours.

One case each of the disease was reported from Lahore, Kasur, Chakwal and Sahiwal, the health department said, adding it has completed arrangements to contain the spread of the disease.

“All government hospitals have stocks of medicines including dengue and other medicines,” the health department said. 

Dengue fever is endemic to Pakistan, which experiences year-round transmission with seasonal peaks. This year’s first dengue-related death was reported in the country’s southern Sindh province on June 3.

An advisory published by Pakistan’s National Institute of Health in 2023 said a total of 52,929 cases and 224 deaths from dengue were reported in the country in 2021, while there were approximately 79,007 confirmed cases of dengue with 149 deaths in 2022, with the surge in cases following unprecedented flooding that began in mid-June 2022. In 2023, Pakistan reported 3,019 suspected cases and 8 deaths from dengue.

The virus has been surging worldwide, aided by climate change. In barely six months, countries in the Americas have already broken calendar-year records for dengue cases. Last December, the World Health Organization declared an emergency in December, and Puerto Rico declared a public health emergency in March.
 


Pakistani asset management firm launches Shariah-compliant energy fund amid reforms

Updated 15 sec ago
Follow

Pakistani asset management firm launches Shariah-compliant energy fund amid reforms

  • Lucky Investments Limited says fund will invest across oil, gas, power and renewables
  • Product targets long-term investors as Pakistan’s energy sector reforms gain traction

KARACHI: A Pakistan-based asset management company on Thursday announced the launch of a Shariah-compliant energy equity fund, seeking to tap growing investor interest in the country’s energy sector as the administration in Islamabad pursues gradual reforms to boost supply, efficiency and sustainability.

Lucky Investments Limited’s initiative comes as Pakistan’s energy sector shows signs of renewed activity, driven by rising demand, policy initiatives and an increasing shift toward renewable sources, even as the country continues to grapple with high costs and supply constraints.

Islamic finance has also expanded steadily in Pakistan, creating demand for sector-focused investment products that comply with religious principles.

The Lucky Islamic Energy Fund (LIEF) will invest primarily in Shariah-compliant, listed energy companies across oil and gas exploration and production, refining, power generation and renewable energy, the company said, with the aim of long-term capital growth.

“The energy sector remains central to Pakistan’s economic revival and long-term sustainability,” Mohammad Shoaib, chief executive officer of Lucky Investments Limited, said, adding the fund would give investors a Shariah-compliant way to participate in the sector while aligning investments with faith-based values.

The open-end fund is benchmarked against the KMI-30 Index, which tracks the 30 largest Shariah-compliant companies listed on the Pakistan Stock Exchange, and is classified as high-risk, making it suitable for investors with a long-term investment horizon.

The fund carries no minimum holding period or redemption penalty.

Lucky Investments said all investments would be overseen by a religious scholar serving as the firm’s Shariah adviser to ensure ongoing compliance with Islamic principles.

The asset manager said it currently manages more than Rs 130 billion ($460 million) in assets under management, positioning it among the fastest-growing asset management companies in the country in 2025.