Pakistan offers aid as Turkey evacuates 50,000 from raging Izmir wildfires

Smoke and flames rise from a forested area following a wildfire in the Seferihisar district of Izmir, Turkey, on June 30, 2025. (AFP)
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Updated 01 July 2025
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Pakistan offers aid as Turkey evacuates 50,000 from raging Izmir wildfires

  • Climate-fueled blaze prompts evacuations from 41 settlements in western province
  • Izmir airport resumes flights as firefighters battle winds and soaring temperatures

ISLAMABAD: Prime Minister Shehbaz Sharif expressed solidarity with Turkey on Tuesday, saying Pakistan was ready to offer assistance as raging wildfires in Izmir province forced authorities to evacuate over 50,000 people. 

Turkey has evacuated more than 50,000 residents from 41 settlements in and around its western province of Izmir since wildfires triggered by soaring temperatures broke out on Sunday, local authorities said. 

Sharif wrote on social media platform X that he was “deeply saddened” by the wildfires, extending his sympathies to Turkey’s president and the nation’s people. 

“We hope and pray that the fires are brought under control swiftly, with minimal loss to lives and property,” Sharif wrote.

“Pakistan stands in full solidarity with our brave and resilient Turkish brothers and sisters, and remains ready to offer any assistance needed in this hour of need.”

Separately, Deputy Prime Minister Ishaq Dar wrote on X he was concerned at the “disturbing news” of the Izmir wildfires. 

“We hope and pray that the fire is brought under control sooner without any more damage,” he said, adding that Pakistan was ready to offer assistance to Turkey.

Turkey’s Forestry Minister Ibrahim Yumakli said on Monday that the blaze was fanned overnight by winds reaching 40-50kmph (25-30mph) in Kuyucak and Doganbey areas of Izmir.

Izmir airport, which temporarily suspended flights on Sunday, has resumed operations, Turkish media reported.

Wildfires have ravaged nearly 19,000 hectares of land across Turkey so far this year, according to website of the European Forest Fire Information System (EFFIS).

Experts say human-driven climate change is causing more frequent and more intense wildfires and other natural disasters, and have warned Turkey to take measures to tackle the problem.

With additional input from AFP 


Pakistan stock market crosses record 174,000 points during intraday trading

Updated 29 December 2025
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Pakistan stock market crosses record 174,000 points during intraday trading

  • Pakistan Finance Adviser Khurram Schehzad says stock market’s equity investor base has increased by over 120,000 in last 18 months
  • Official says stock market’s record levels reflect growing investor confidence supported by continued macro stability and key reforms

ISLAMABAD: The Pakistan Stock Exchange (PSX) crossed a record 174,000 points on Monday, Finance Adviser Khurram Schehzad said, marking a strong start to the business week. 

According to the data available on the PSX’s official website, the KSE-100 benchmark reported 174,411.72 points during the intraday trading on Monday morning. 

“Another milestone for Pakistan’s equity market,” Schehzad wrote on social media platform X. “The KSE-100 Index has crossed 174,400 points, marking yet another record high.”

Pointing out the stock market’s achievements this year, Schehzad said the PSX has delivered 50 percent plus returns in US dollar terms to investors since January this year, “making it one of the best markets in Asia.”

He noted that investors’ participation in the PSX is rising fast, adding that the equity investor base has increased by over 120,000 to cross the 450,000 figure in the last 18 months, marking a 37 percent increase. 

“These record levels reflect growing investor confidence, supported by continued macro stability, key reforms, and improving prospects for more sustainable, higher future growth,” he said. 

Pakistan’s stocks have surged in recent years, marking a strong performance this year as Islamabad moves to consolidate its financial recovery after years of economic turbulence, which saw it on the verge of a sovereign default in June 2023. 

Pakistan’s foreign exchange reserves have surged past the $21 billion mark, as per the central bank’s latest data. 

In recent years, the South Asian country has also implemented tough structural reforms under the International Monetary Fund (IMF) loan programs, aimed at reducing fiscal deficits and restoring investor confidence.