Pakistani PM on three-day visit to Egypt for D-8 summit, Gaza talks, bilateral meetings

Pakistan Prime Minister Shehbaz Sharif departs for his three-day visit to Egypt for D-8 summit, from Islamabad on December 18, 2024. (PID)
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Updated 18 December 2024
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Pakistani PM on three-day visit to Egypt for D-8 summit, Gaza talks, bilateral meetings

  • D-8 summit in Cairo will see gathering of leaders from eight countries to promote economic cooperation
  • PM to attend special session on Gaza where Israeli offensive has killed over 46,000 people since last year

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday began a three-day visit to Egypt to participate in the Eleventh Summit of D-8 countries, hold bilateral discussions with multiple world leaders on the sidelines of the forum and attend a special meeting on the ongoing conflict in the Middle East.

The D-8 Summit is a gathering of leaders from eight developing countries including Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Turkiye. It aims to promote economic cooperation and development among member states, with a focus on areas like trade, energy, agriculture, and transportation.

Ahead of Sharif’s departure for Egypt, Pakistani deputy prime minister Ishaq Dar arrived in Cairo on Tuesday for the 21st Session of the D-8 Council of Ministers. 

The theme of this year’s D-8 Summit is “Investing in Youth and Supporting SMEs: Shaping Tomorrow’s Economy.”

“The Prime Minister, representing Pakistan at the Summit, will highlight the importance of investing in youth and SMEs for a strong and inclusive economy based on employment generation, innovation and local entrepreneurship,” Sharif’s office said in a statement. 

“The Prime Minister will express Pakistan’s strong commitment to cooperate and implement the fundamental principles laid down by the D-8 … emphasize the importance of partnerships for mutual benefit and development among the participating countries in the conference, as well as cooperation in agriculture, food security and tourism.”

Sharif will also highlight the steps taken by the government of Pakistan for the empowerment of the youth and their economic development.

While in Cairo, Sharif will attend a special meeting of the D-8 on the humanitarian crisis and reconstruction challenges in Gaza and Lebanon following Israel military offensives in the Middle East since October last year.

“The Prime Minister will convey Pakistan’s principled position on Palestine and emphasize the establishment of peace in the Middle East,” Sharif’s office said, adding that he will also hold bilateral meetings with various heads of states in Cairo to attend the D-8 summit.

Health officials in the Gaza Strip said on Monday the death toll from the 14-month war between Israel and Hamas had topped 45,000 people. 

The Gaza Health Ministry does not distinguish between civilians and combatants in its count, but it has said that more than half of the fatalities are women and children. The Israeli military says it has killed more than 17,000 militants, without providing evidence.


Pakistan bank enables Shariah-compliant digital payment facility for passengers at Islamabad airport

Updated 23 February 2026
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Pakistan bank enables Shariah-compliant digital payment facility for passengers at Islamabad airport

  • Pakistan is a cash-dominated market where a significant portion of transactions in the informal sector are made without any taxes, officials say
  • The move comes amid Pakistan’s efforts to introduce a cashless model at airports under which only digital service providers can provide services

KARACHI: Aik, Pakistan’s first Islamic digital bank, has enabled fully digital payments at Islamabad International Airport to offer travelers and passengers secure, Shariah compliant digital transaction facility.

The development comes amid Pakistan’s efforts to introduce a cashless model at airports across the country, under which only digital service providers can provide services to customers.

Aik, a subsidiary of Bank Islami, said it has onboarded merchants across the Islamabad airport and integrated QR code deployments at key touchpoints to allow passengers and visitors to make secure, seamless, and Shariah-compliant digital transactions at all counters, retail outlets, and service points.

It said the implementation complies with the regulations and framework set by the State Bank of Pakistan (SBP) and is a working model for a large-scale adoption of cashless systems in public infrastructure.

“This deployment reflects our commitment to building practical digital infrastructure that improves everyday transactions,” Aik Chief Officer Ashfaque Ahmed said in a statement.

“By enabling a fully cashless environment at a major national gateway, we are supporting efficiency, transparency, and financial inclusion at scale. This is not only a project; it is a foundation for Pakistan’s cashless future.”

Pakistan is a cash-dominated market where a significant portion of transactions, particularly in the informal sector, are conducted in cash. Officials say many of these transactions are aimed at avoiding taxes.

In recent years, the SBP has taken steps to ensure a transition toward a more cashless economy so that transactions are more traceable, reducing chances of tax evasion and corruption.

By digitizing Islamabad airport, aik said it continues to invest in secure and accessible financial solutions that “expand digital participation and support national economic modernization.”