Pakistan dispatches 21st aid consignment for Gaza, Lebanon and Syria

This handout photo, released by Pakistan’s Press Information Department, shows government officials posing for a picture in Rawalpindi, Pakistan, on November 27, 2024, as Pakistan sends its 21st relief consignment for Gaza, Lebanon, and Syria. (PID)
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Updated 27 November 2024
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Pakistan dispatches 21st aid consignment for Gaza, Lebanon and Syria

  • Islamabad dispatches 17 tons of blankets, food, medicines to Damascus in Syria from Rawalpindi 
  • Israel’s military campaigns have killed over 44,000 Palestinians in Gaza since October last year

ISLAMABAD: Pakistan’s National Disaster Management Authority (NDMA) on Wednesday dispatched its 21st relief consignment for the war-affected people of Syria, Lebanon and Gaza who have suffered from Israeli military aggression in the Middle East. 

Israel has been attacking what it calls Iran-linked targets in Syria for years but has ramped up such raids since the Oct. 7, 2023, attack by Hamas on Israel, leading Israel to launch a military campaign in which more than 44,000 Palestinians have been killed in Gaza and more than 3,500 people in Lebanon.

On Tuesday, Israel approved a ceasefire agreement with Lebanon’s Hezbollah group that ended nearly 14 months of fighting linked to the war in Gaza. International aid agencies and the World Health Organization (WHO) have warned Israel’s military operations in Gaza have caused starvation and diseases for thousands of people in the area.

“On the directives of the Prime Minister of Pakistan, National Disaster Management Authority (NDMA) continues to provide humanitarian aid to the war-affected people of Gaza, Lebanon and Syria,” the NDMA said in a statement. 

The 21st consignment was dispatched from Pakistan’s eastern city of Rawalpindi to Syria. The relief items were sent with the help of the Pakistan Air Force, the NDMA said, adding that they comprised 17 tons of supplies which included blankets, food and medicines. 

The NDMA said Pakistan has dispatched a total of 1,273 tons of relief items to the war-affected people of Gaza, 372 tons to the people of Lebanon, and 111 tons to Syria. 
 “The Government of Pakistan continues to send relief supplies based on the needs of the war-affected populations of Lebanon and Palestine,” the authority said. 

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


Pakistan regulator amends law to facilitate capital raising by listed companies

Updated 19 January 2026
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Pakistan regulator amends law to facilitate capital raising by listed companies

  • The amendments address challenges faced by listed companies when raising further capital from existing shareholders through a rights issue
  • Previously, listed companies were prohibited from announcing a rights issue if the company, officials or shareholders had any overdue amounts

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has notified amendments to the Companies (Further Issue of Shares) Regulations 2020 to facilitate capital raising by listed companies while maintaining adequate disclosure requirements for investors, it announced on Monday,

The amendments address challenges faced by listed companies when raising further capital from existing shareholders through a rights issue. Previously, listed companies were prohibited from announcing a rights issue if the company, its sponsors, promoters, substantial shareholders, or directors had any overdue amounts or defaults appearing in their Credit Information Bureau (CIB) report.

This restriction constrained financially stressed yet viable companies from raising capital, even in circumstances where existing shareholders were willing to support revival, restructuring, or continuation of operations, according to the SECP.

“Under the amended framework, the requirement for a clean CIB report will not apply if the relevant persons provide a No Objection Certificate (NOC) regarding the proposed rights issue from the concerned financial institution(s),” the regulator said.

The notification of the amendments follows a consultative process in which the SECP sought feedback from market stakeholders, including listed companies, issue consultants, professional bodies, industry associations, law firms, and capital market institutions.

The amendments are expected to enhance market confidence, improve access to capital for listed companies, and strengthen transparency within the rights issue framework, according to the SECP.

“To ensure transparency and protect investors’ interests, companies in such cases must make comprehensive disclosures in the rights offer document,” the regulator said.

“These disclosures must include details of any defaults or overdue amounts, ongoing recovery proceedings, and the status of any debt restructuring.”

The revised regulations strike an “appropriate balance” between facilitating corporate rehabilitation and enabling investors to make informed investment decisions, the SECP added.