Pakistan says remains committed to providing humanitarian assistance to Lebanon, Palestine

A Palestinian carries an injured person following an Israeli strike, amid the Israel-Hamas conflict, in Beit Lahiya in the northern Gaza Strip on October 30, 2024. (REUTERS)
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Updated 31 October 2024
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Pakistan says remains committed to providing humanitarian assistance to Lebanon, Palestine

  • Pakistan has dispatched 17 relief consignments to Lebanon and Gaza since October last year
  • Over 42,000 Palestinians have been killed in Israeli attacks in over twelve months of war 

ISLAMABAD: Pakistan said on Thursday it remained committed to providing humanitarian aid to the people of Palestine and Lebanon, as dozens were killed in Israeli attacks on Lebanon’s eastern Bekaa Valley this week. 

Israel has carried out thousands of air strikes across Lebanon over the past five weeks, targeting what it says are Hezbollah’s operatives, infrastructure and weapons. It also launched an air and ground offensive in Gaza in October last year, killing over 42,000 Palestinians since. 

Pakistan has so far dispatched 17 relief consignments for Gaza and Lebanon, including winterized tents, food items and hygiene kits. Pakistan has also set up a special account, “Prime Minister’s Relief Fund for Gaza and Lebanon,” under Prime Minister Shehbaz Sharif’s directions, for donations for the people of Gaza and Lebanon.

“Pakistan remains committed to providing humanitarian assistance to the people of Lebanon and Palestine,” Foreign Office spokesperson Mumtaz Zahra Baloch said at a weekly press briefing. 

“Last week, Pakistan sent two more planeloads of humanitarian aid to Lebanon. Thus far four special cargo planes with essential humanitarian supplies have arrived in Lebanon from Pakistan. Our support will continue.”

Baloch reiterated Pakistan’s call for an “immediate secession of hostilities” as well as the protection of civilians and “unrestricted humanitarian access” to those in urgent need. 

Baloch urged the world community to intervene to end Israeli’s “genocidal” campaign against Gazans and hold it responsible for war crimes and crimes against humanity.

Pakistan does not recognize nor have diplomatic relations with Israel and calls for an independent Palestinian state based on “internationally agreed parameters” and the pre-1967 borders with Al-Quds Al-Sharif as its capital.

Since the beginning of Israel’s war on Gaza, Pakistan has repeatedly raised the issue at the United Nations, the Organization of Islamic Cooperation (OIC) and other multilateral platforms and demanded international powers and bodies stop Israeli military actions in Gaza.


In a first, Pakistani corporate dairy farm to make $8.9 million market debut next month

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In a first, Pakistani corporate dairy farm to make $8.9 million market debut next month

  • Ghani Dairies to issue 104.2 million new shares, with most offered via book building
  • Company supplies milk to large processors including Nestlé Pakistan and Fauji Foods

KARACHI: Ghani Dairies Limited, a Pakistani corporate dairy farming company, plans to raise about Rs 2.5 billion ($8.9 million) through an initial public offering, in what would be the country’s first listing by a large-scale, automated dairy farm, its advisers said on Tuesday.

The company will issue 104.2 million new shares, representing 24.28 percent of its post-IPO paid-up capital, with 75 percent of the offering allocated through book building and the remainder offered to retail investors, according to a statement by JS Global Capital, the consultant to the issue.

The floor price has been set at Rs 24 per share, and the issue will be fully underwritten.

“This is not just a dairy farm, but a vision for Pakistan’s dairy future,” said Hafiz Avais Ghani, chief executive officer of Ghani Dairies, adding that the company aimed to expand capacity to better serve industrial clients and the broader market.

Ghani Dairies operates a fully automated dairy farm using imported high-yielding cattle and digital herd-management systems, supplying milk primarily to large food and dairy processors.

Its expansion plan includes the import of 1,250 dairy cows, construction of additional milking and heifer sheds, storage facilities and the installation of modern feeding and milking systems.

The company’s customers include Nestlé Pakistan, IRC Dairy, and Fauji Foods, according to the statement.

Khalil Usmani, chief executive of JS Global Capital, said the IPO would give investors exposure to a modern, corporate dairy operation at a time when demand for higher-quality milk and value-added dairy products was rising.

Book building for the offering is scheduled for Feb. 2–3, with the public offering expected to follow on Feb. 9–10, the statement said.