Pakistan launches highly anticipated Champions Trophy tournament at glitzy Lahore ceremony

Hosts for the curtain raiser event of the ICC Men’s Champions Trophy 2025, speak during the event at Lahore Fort, in Lahore, Pakistan, on February 16, 2025. (PCB)
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Updated 16 February 2025
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Pakistan launches highly anticipated Champions Trophy tournament at glitzy Lahore ceremony

  • Key figures from ICC, PCB and other boards, foreign envoys and ex-cricketers attended event at Lahore Fort
  • Defending champions Pakistan will play the first match of the tournament on Feb. 19 against New Zealand

ISLAMABAD: Pakistan on Sunday launched the highly anticipated Champions Trophy cricket tournament at the iconic Lahore Fort, Pakistani state media reported, following the arrival of participating teams other than India in the South Asian country.
Defending champions Pakistan are the hosts of the Champions Trophy 2025 edition, an eight-nation 50-over cricket tournament. The first match will be played on Feb. 19, when Pakistan face New Zealand in the southern port city of Karachi.
The ceremony was attended by key figures from the International Cricket Council (ICC), the Pakistan Cricket Board (PCB) and ICC member boards, as well as the 2017 Champions Trophy winning squad.
“The global cricket community is closely watching Pakistan’s readiness for the Champions Trophy,” the Radio Pakistan broadcaster quoted PCB Chairman Mohsin Naqvi as saying at the ceremony.
“[Lahore’s] Qaddafi Stadium and National Stadium [in Karachi] have been prepared in record time to ensure a successful event.”




This handout photograph, released by the Pakistan Cricket Board on February 16, 2025, shows the ICC Men’s Champions Trophy 2025 trophy at the opening ceremony of the Champions Trophy 2025 edition at the Lahore Fort, in Lahore, Pakistan. (PCB)

Naqvi described hosting the tournament as a “great honor” for Pakistan, reiterating the PCB’s commitment to showcasing Pakistan’s rich culture and hospitality to the world.
“The tournament will reflect the warmth and love of the Pakistani people,” he added.
Pakistan will host the tournament from February 19 to March 9 across three venues, including Lahore, Karachi and Rawalpindi. The South Asian country this month opened the Lahore and Karachi stadiums after months of renovation work and enhancements to improve broadcast quality and spectator comfort.
Despite Pakistan hosting the tournament, four matches, including the first semifinal, will be co-hosted by the United Arab Emirates (UAE) and Pakistan.
The UAE was inducted as the co-host after the Indian cricket board refused to send its team to Pakistan to play in the tournament due to political tensions and “security concerns.”




Billboard depicts captains of the all eight participating teams ahead of ICC Champions Trophy 2025, in Lahore, Pakistan, on February 15, 2025. (AFP)

The Indian team will play its group matches against Pakistan, Bangladesh and New Zealand at the Dubai Cricket Stadium, while the first semifinal will also be played at the same venue. The final of the tournament will also be played in Dubai if India qualify for it.
New Zealand, South Africa, Afghanistan, England and Afghanistan have already reached Pakistan. Only two warm-up matches are scheduled in Pakistan while the third and last one will be played in the UAE between Pakistan Shaheens and Bangladesh.




Players of the winning Pakistani team of Champions Trophy 2017 edition, pose for a group photo at the opening ceremony of the ICC Men’s Champions Trophy 2025 at the Lahore Fort, in Lahore, Pakistan, on February 16, 2025. (PCB)

Pakistan won the Champions Trophy tournament in 2017 under former captain Sarfaraz Ahmed’s leadership, beating India in the final by 180 runs in a one-sided contest.


Pakistani stocks breach 176,000 points barrier as investors expect further rate cuts

Updated 01 January 2026
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Pakistani stocks breach 176,000 points barrier as investors expect further rate cuts

  • Pakistani financial analyst attributes surge to falling inflation, investors expecting further policy rate cuts
  • Pakistan’s finance ministry said Thursday that inflation had slowed to 5.6 percent year-on-year in December 

KARACHI: Pakistani stocks continued their bullish run on Thursday, breaching the 176,000 points barrier for the first time after trading ended, with analysts attributing the surge to investors expecting further cuts in the policy rate. 

The KSE-100 benchmark gained 2,301.17 points at close of business on Thursday, marking an increase of 1.32 percent to settle at 176,355.49 points. 

Pakistan’s central bank cut its key policy rate by 50 basis points to 10.5 percent last ‌month, breaking a four-meeting ‌hold in a move ‌that ⁠surprised ​markets. Pakistan’s consumer price inflation slowed to 5.6 percent year-on-year in December, while prices fell on a monthly basis as per data from the finance ministry. 

“Upbeat data for consumer price index (CPI) inflation at 5.6pc in December 2025 [with] investors expecting a further State Bank of Pakistan rate cuts on falling inflation data,” Ahsan Mehanti, CEO of Arif Habib Commodities Ltd., told Arab News. 

The stock market witnessed a trading volume of 1,402.650 million shares, with a traded value of Rs48.424 billion ($173 million), compared with 957.239 million shares valued at Rs44.231 billion ($158 million) during the previous session.

Topline Securities, a leading brokerage firm in Pakistan, credited the surge to strong buying at the first session.

“This positivity can be accredited to buying by local institutions on the start of the new calendar year,” it said. 

Pakistan’s Finance Adviser Khurram Schehzad highlighted that the bullish trend at the stock market reflected “strong investor confidence.”

“With lower inflation, affordable fuel, stronger reserves, rising digitization and a buoyant capital market, Pakistan’s economic outlook is clearly improving--supporting greater confidence, better investment sentiment and more positive momentum for 2026,” he said on social media platform X.