ISLAMABAD: A senior Pakistani official said on Friday the government had taken key measures to bridge the skills gap and boost the global competitiveness of people aspiring to work abroad, particularly in the Middle East, to better integrate them into the international job market, state media reported.
Pakistan relies heavily on remittances sent by its overseas nationals, a key source of foreign exchange that serves as a lifeline for its struggling economy. Many Pakistani workers seek jobs in Gulf countries, where demand for skilled labor remains high.
At the same time, the government has been working to open legal avenues for employment abroad following a series of tragic boat accidents involving illegal immigrants attempting to reach European shores, with dozens of Pakistanis among the victims.
Parliamentary Secretary for Federal Education and Professional Training Farah Naz Akbar shared the government’s strategy for workforce development while responding to questions during a National Assembly session.
“The government is integrating life skills and soft skills — such as communication, problem-solving, teamwork, interpersonal skills and work ethics — into technical and vocational training programs,” the state-run Associated Press of Pakistan (APP) news agency said while reporting on her briefing to the assembly. “These skills are highly valued by Middle Eastern employers and are crucial for workplace success.”
“The curriculum is also being updated to reflect the latest industry trends and technologies, ensuring that Pakistani workers are equipped with relevant knowledge and skills to meet evolving job market demands in the Middle East,” it added.
Akbar said as part of these reforms, Pakistan has established the Pakistan Skill Company and the Pakistan Skill Development Fund to centralize and improve technical and vocational training across the country, aiming to create better employment opportunities for workers abroad.
To align Pakistani qualifications with international standards, the government has revised National Vocational Qualification Framework (NVQF) regulations, ensuring that workers’ certifications meet the requirements of both European Union (EU) and Gulf Cooperation Council (GCC) countries.
Akbar said authorities were shifting toward competency-based training programs, which emphasize practical skills and hands-on experience, ensuring that workers are not only trained but also proficient in job-specific skills required by Middle Eastern employers.
She noted the measures were part of a comprehensive strategy to strengthen Pakistan’s labor force and increase employment opportunities for skilled workers in the Middle East.
Pakistan takes steps to enhance workforce skills for Middle Eastern job market — official
https://arab.news/28r9f
Pakistan takes steps to enhance workforce skills for Middle Eastern job market — official
- Government is integrating interpersonal and problem-solving skills into technical and vocational training
- Pakistan heavily relies on remittances which is a key source of foreign exchange for its struggling economy
Pakistan stock market sheds over 2,000 points amid regional tensions
- KSE-100 index lost 2,025.53 points, or 1.1 percent, to close at 182,384.14
- The development comes amid public unrest in Iran, possibility of a US strike
ISLAMABAD: The Pakistan Stock Exchange (PSX) fell sharply and lost more than 2,000 points during the intraday trade on Monday, with analysts blaming the slump on geopolitical uncertainty linked to heightened tensions in the region.
The benchmark KSE-100 index lost 2,025.53 points, or 1.1 percent, to close at 182,384.14 points, down from 184,409.67 points at the weekend close, according to PSX data.
The development came amid public unrest in Iran over worsening economic conditions, with the death toll reaching nearly 550 and the government arresting more than 10,600 people in a crackdown.
US President Donald Trump said late Sunday his administration was in talks to set up a meeting with Tehran but cautioned he may have to act first as reports mount of increasing deaths and the government continues arrests.
“[Pakistan] stocks slumped on geopolitical uncertainty,” Ahsan Mehanti, chief executive officer at Arif Habib Commodities, told Arab News. “Weak global equities, political noise, and security unrest played a catalyst role in selling activity at PSX.”
Meanwhile, Pakistani market research firm Topline Securities said activity slowed noticeably as buying interest from local funds eased after last week’s strong rally.
“With the market having advanced nearly 3 percent on a WoW (week on week) basis, investors chose to lock in gains, resulting in broad-based profit-taking during the session,” it said on X.
“The pullback appears to be a healthy consolidation after the recent sharp up-move, rather than a shift in the market’s underlying sentiment.”
It said that a total of 1,055 million shares were traded at the market on Monday, with Fauji Foods Limited (FFL) topping the volume chart with 65.6 million shares.
Pakistan’s stock market has gained momentum in recent months as broad institutional buying boosted investor confidence amid ongoing economic reforms under international lending programs.
Around 135,000 new investors have joined the PSX over the last 18 months. Last week, Pakistani stocks climbed to a fresh all-time high with the benchmark KSE-100 Index crossing the 186,000-point mark for the first time ever.
