Pakistan says in ‘advanced’ talks with Saudi Arabia for investment in copper, gold mines

Officials attend the Future Minerals Forum in Riyadh on January 14, 2025. (SPA)
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Updated 14 January 2025
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Pakistan says in ‘advanced’ talks with Saudi Arabia for investment in copper, gold mines

  • Saudi Arabia last year offered Pakistan a 15 percent investment stake in the Reko Diq copper and gold mine
  • Reko Diq, one of largest copper-gold mine, is jointly owned by Canadian firm Barrick Gold Corp. and Pakistan

ISLAMABAD: Pakistan and Saudi Arabia are in “advanced” stages of talks relating to investment in Pakistan’s copper and gold mines, Pakistani Petroleum Minister Musadik Malik said on Tuesday.
Pakistan has taken steps in recent months to attract foreign investment in its mining sector. The South Asian country is home to the Reko Diq copper and gold mine that is located in its southwestern Balochistan province.
Reko Diq, one of the world’s largest underdeveloped copper-gold mine, is jointly owned by Canadian mining firm Barrick Gold Corp. and Pakistan. Last year, Saudi Arabia offered Pakistan a 15 percent investment stake in the project, Pakistani state media reported in September.
Speaking to Arab News on the sidelines of Future Minerals Forum (FMF) in Riyadh, Malik said Pakistan and Saudi Arabia were in advanced stages of conversations about a “very large asset,” and had done all the requisite homework in this regard.
“Both sides have come up with valuation frameworks, the valuation ranges are in place, and both of the teams are empowered now to negotiate, and right now, we are under non-disclosure. So, I can’t give you the details, but suffice to say that we are expecting very big announcements very soon,” he said.
“It depends, I mean in mining, it’s going to be the mining assets, particularly the copper mining assets, copper and gold mining assets. So, we are very hopeful about that.”
Reuters reported that Saudi Arabian mining company Manara Minerals could invest in Pakistan’s Reko Diq mine in the next two quarters, citing the Pakistani petroleum minister.
Manara, a joint venture between Saudi state-controlled miner Ma’aden and the $925-billion Public Investment Fund (PIF), was set up as part of the Kingdom’s efforts to diversify its economy away from oil, including by buying minority stakes in assets overseas.
“I’m very hopeful that in the next quarter or two we will have very big announcements,” Malik was quoted as saying by Reuters.
“So, we’re very hopeful that this year, we will make some big announcements, both in the way of Reko Diq, but hopefully also” in mines around it, he added.
Asked if Manara would be involved, Malik said, “why not, of course.” Reuters said Manara did not immediately respond to its emailed request for comment.
Manara executives visited Pakistan in May last year for talks about buying a stake in the Reko Diq mine. Manara’s then-acting chief executive Robert Wilt, now CEO of Ma’aden, told Reuters that a stake in Reko Diq was among several opportunities the company was evaluating.
Pakistan is also in talks with other Gulf countries about mining opportunities, Malik added.


Journalists’ union in southwest Pakistan launches hunger strike against new cybercrime law

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Journalists’ union in southwest Pakistan launches hunger strike against new cybercrime law

  • Bill creates four new government bodies to regulate online content, broadens the definition of online harm
  • Parliament adopted amendments last month in the context of what is widely seen as a digital crackdown

QUETTA: A union of journalists in the southwestern Pakistani province of Balochistan on Wednesday set up a hunger strike camp to protest recent amendments to the country’s cybercrime law that opposition parties, the media fraternity and digital rights activists have widely said threaten online speech.

The Pakistan Electronic Crimes (Amendment) Act, 2025, enacted on January 29, includes provisions making the dissemination of “fake or false” information a criminal offense punishable by up to three years in prison without clearly defining “fake or false” news. Stakeholders like journalists and digital rights experts say they were excluded from consultations on the bill, which prevented genuine public scrutiny of the new law. The government denies the law is aimed at suppressing digital speech.

The amendments to the Electronic Crimes Act create four new government bodies to regulate online content and broaden the definition of online harm. The government bodies are authorized to block and remove content based on “ambiguous” criteria that do not meet the standards of proportionality and necessity required under international human rights law, rights bodies like Human Rights Watch and Amnesty have said.

The Pakistan Federal Union of Journalists (PFUJ) last week challenged the new law before the Islamabad High Court, urging it to strike them down for being “unconstitutional.” Journalists and their unions have also held protests against the amendments in several cities across the country. 

On Wednesday, the Balochistan Union of Journalists (BUJ) launched a three-day hunger strike camp outside the Quetta Press Club, calling the new law “draconian.”

“Though the government says the amendments were proposed and approved to prevent fake news on social media, we are concerned that the government would target print and electronic media under the PECA Act also,” BUJ President Khalil Ahmed told Arab News.

He said the impoverished Balochistan province’s issues, including social and economic underdevelopment and security, did not get adequate coverage on mainstream media and many journalists from the region used online platforms to highlight the challenges. 

“Journalists in Balochistan province would be affected under this act because the majority of journalists here are forced to discuss provincial issues on social media platforms through vlogs and blogs,” Ahmed said, adding that the BUJ’s protest movement would continue until the government abolished the new amendments to the PECA Act.

Saleem Shahid, a senior journalist and former vice president of Pakistan Federal Union of Journalists, described the new law as being against “basic human rights.”

“Under these news amendments, authorities can detain journalists without giving them a chance of a legal trial in courts and fine them rupees two to three million rupees,” Shahid said. 

“When we speak about freedom of speech and independent journalism, we should be more responsible and pursue ethics of journalism.”

One of the regulatory bodies created under the new law, the Social Media Protection Tribunal, comprises government-appointed members rather than independent members of the judiciary.

Another new body, the Social Media Protection and Regulation Authority, is authorized to order any social media company to remove or block content deemed to be “against the ideology of Pakistan,” be known to be “fake or false,” or to cast aspersions on various public officials. The authority can also require any social media company to register with it and impose any conditions it deems “appropriate” upon registration.

Parliament adopted the amendments last month in the context of what is widely seen as an escalating crackdown on digital speech in Pakistan, including frequently shutting down the Internet and throttling Internet networks. 

The social media platform X has already been banned since days after February general elections last year as allegations of rigging emerged online. There are regular reports of VPN restrictions, and the government is also moving to implement a national firewall, though it denies these moves are aimed at censorship.


South Africa win toss, bat against Pakistan in tri-series

Updated 12 February 2025
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South Africa win toss, bat against Pakistan in tri-series

  • Both teams lost their opening match against New Zealand and have made changes
  • The winning team will face New Zealand in the final scheduled for Friday in Karachi

KARACHI: South Africa won the toss and chose to bat against Pakistan in the third match of the three-nation tournament in Karachi on Wednesday.
South Africa, who lost to New Zealand in their first game, made four changes, with star batter Heinrich Klaasen, Keshav Maharaj, Corbin Bosch and Tony de Zorzi coming into the side.
Pakistan made two changes from their defeat against New Zealand in the first match in Lahore, bringing in Saud Shakeel and Mohammad Hasnain in place of injured Haris Rauf and Kamran Ghulam.
The winner will face New Zealand in the final scheduled for Friday, also in Karachi.
Teams
Pakistan: Mohammad Rizwan (captain), Fakhar Zaman, Babar Azam, Saud Shakeel, Tayyab Tahir, Salman Agha, Khushdil Shah, Shaheen Shah Afridi, Naseem Shah, Mohammad Hasnain, Abrar Ahmed
South Africa: Temba Bavuma (captain), Tony de Zorzi, Matthew Breetzke, Kyle Verreynne, Heinrich Klaasen, Keshav Maharaj, Senuran Muthusamy, Wiaan Mulder, Tabraiz Shamsi, Corbin Bosch, Lungi Ngidi
Umpires: Asif Yaqoob (PAK) and Michael Gough (ENG)
TV Umpire: Richard Illingworth (ENG)
Match referee: David Boon (AUS)


Pakistani, UAE deputy PMs express concern over US proposal to dislocate Palestinians from Gaza

Updated 12 February 2025
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Pakistani, UAE deputy PMs express concern over US proposal to dislocate Palestinians from Gaza

  • Trump has announced plans to resettle Palestinian residents and redevelop enclave and said they should not have the right to return
  • Palestinian territory, encompassing the Gaza Strip and West Bank, including East Jerusalem, has been occupied by Israel since 1967

ISLAMABAD: Pakistan’s Deputy Prime Minister Ishaq Dar on Wednesday spoke to his counterpart in the United Arab Emirates (UAE), Sheikh Abdullah bin Zayed Al Nahyan, and expressed concern about a proposal by US President Donald Trump to displace Palestinians from Gaza, the foreign office in Islamabad said.

Trump has recently announced plans to resettle Gaza’s Palestinian residents and redevelop the enclave and said they should not have the right to return. Under Trump’s scheme, Gaza’s about 2.2 million Palestinians would be resettled and the United States would take control and ownership of the coastal territory, redeveloping it into the “Riviera of the Middle East.” Palestinians fear that Trump’s plan would enforce another Nakba, or Catastrophe, when they experienced mass expulsions in 1948 with the creation of Israel.

“The two leaders discussed the grave humanitarian situation in Gaza and expressed concerns at the proposal to displace or relocate the Palestinian people from their ancestral homeland,” the foreign office said after Dar’s call with his UAE counterpart.

The Pakistani deputy PM reiterated Pakistan’s “unwavering” support for Palestinian rights, and the foreign office said both leaders agreed to stay in close contact to achieve a “just, comprehensive, and lasting solution to the Palestinian issue.”

Israel began its latest assault on Gaza after a Hamas-led attack on Israel on October 7, 2023, that killed about 1,200 people, while some 250 were taken hostage, according to Israeli tallies.

More than 48,000 Palestinians have been killed in Israeli air and ground operations since, Gaza health authorities say, and much of the enclave has been obliterated. 

The Gaza war has been paused since Jan. 19 under the ceasefire agreement between Israel and Hamas that was brokered by Qatar and Egypt with support from the United States.

Palestinian territories – encompassing the Gaza Strip and West Bank, including East Jerusalem – have been occupied by Israel since 1967.

Pakistan does not recognize Israel and has consistently called for an independent Palestinian state based on “internationally agreed parameters.”


Pakistan arrests medical officer for falsifying autopsy report in blasphemy case killing

Updated 12 February 2025
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Pakistan arrests medical officer for falsifying autopsy report in blasphemy case killing

  • Dr. Muntazir Mehdi allegedly tried to conceal evidence of torture in Dr. Shahnawaz Kunbhar’s postmortem report
  • Dr. Kunbhar was accused of sharing blasphemous content on social media, though he denied the charge 

KARACHI: Pakistan’s Federal Investigation Agency (FIA) has arrested a medical officer in Mirpurkhas for allegedly tampering with the autopsy report of a doctor killed in a suspected extrajudicial police shooting after being accused of blasphemy, the agency said on Wednesday.

The arrest is part of an ongoing probe into the killing of Dr. Shahnawaz Kunbhar, a physician who was shot dead in what authorities initially described as a police encounter, but which was later proven by a high-level police inquiry to have been a staged killing while he was in custody.

The FIA said in a statement the police officials implicated in the case were investigated on charges of murder, terrorism and torture.

“The FIA Mirpurkhas has carried out a major operation and arrested medico-legal officer Dr. Muntazir Mehdi,” the agency said in a statement.

“The arrested suspect is accused of concealing evidence of torture in the post-mortem report,” it added. “He was taken into custody in Mirpurkhas, and investigations have begun.”

The statement said further arrests were expected as part of the probe, and all available resources were being used to track down those involved.

Dr. Kunbhar, a government doctor in Sindh’s Umerkot district, was accused of sharing blasphemous content on social media in September 2024, though he denied the charge and said that his account had been hacked.

After facing threats from religious groups, he went into hiding but was later arrested. A day after being taken into custody, police claimed he was killed in an exchange of fire while allegedly trying to escape.

Rights groups and his family dismissed the police version, however, alleging he was tortured and executed in custody. A subsequent inquiry by the Sindh Human Rights Commission found that Kunbhar had been killed in a staged encounter, and his body bore signs of severe torture.

The case sparked protests across Sindh, with civil society and legal activists demanding accountability.

The incident also brought Pakistan’s controversial blasphemy laws under renewed scrutiny, with rights organizations calling for legal reforms to prevent their misuse and protect the accused from vigilante violence.

The FIA said its investigation into police officers involved in the case was ongoing, and efforts to apprehend all those responsible were underway.


Pakistan picks consortium led by Dubai-based firm to advise on power sector privatization

Updated 12 February 2025
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Pakistan picks consortium led by Dubai-based firm to advise on power sector privatization

  • The consortium will help with the privatization of three power distribution companies in Pakistan
  • Pakistan has struggled with power sector challenges, leading to financial losses, revenue shortfalls

ISLAMABAD: Pakistan has signed a financial advisory agreement with a consortium led by Dubai-based Alvarez & Marsal Middle East Limited to help privatize three major power distribution companies (DISCOs), the Privatization Commission said on Tuesday.

The agreement is part of the government’s broader privatization drive to reform the power sector that has been plagued by circular debt, operational inefficiencies and power theft.

The government has been working to divest state-run power companies as part of its wider economic reform agenda, recommended under its $7 billion loan program with the International Monetary Fund.

“This strategic initiative aligns with the government’s commitment to improving efficiency, reducing losses and ensuring long-term sustainability in the power distribution sector,” the Privatization Commission said in a statement.

Alvarez & Marsal Middle East Limited, a professional services firm specializing in business performance improvement and turnaround management, will provide financial advisory services for the privatization of Faisalabad Electric Supply Company (FESCO), Gujranwala Electric Power Company (GEPCO) and Islamabad Electric Supply Company (IESCO).

It will conduct due diligence, market analysis, investor outreach and transaction structuring to facilitate private sector participation in the bidding process.

Pakistan has long struggled with power sector challenges, with state-run distribution companies suffering massive financial losses due to inefficiencies, revenue shortfalls and delays in tariff adjustments.

The signing ceremony was attended by senior officials from the Privatization Commission and representatives of the A&M-led consortium.