Pakistan, Turkish navies conclude first bilateral amphibious exercise in Karachi

In this handout photo, taken and released by Pakistan Navy’s Director General Public Relations on August 6, 2025, Pakistan and Turkish navy personnel conducting practical combat drills during bilateral Amphibious Exercise in Karachi. (Handout/Pakistan Navy)
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Updated 06 August 2025
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Pakistan, Turkish navies conclude first bilateral amphibious exercise in Karachi

  • Exercise featured combat drills, urban terrain operations and convoy escorting
  • Both navies regularly hold joint drills to deepen cooperation and synergy

ISLAMABAD: Pakistan and Türkiye’s navies concluded their first-ever bilateral amphibious exercise in the port city of Karachi, aimed at enhancing “maritime collaboration and interoperability,” state media reported on Wednesday.

A naval amphibious exercise is a military drill that simulates the landing of troops from ships onto a coastline, designed to strengthen coordination and combat readiness for assaults, evacuations or disaster response operations.

The exercise featured combat firing techniques, amphibious operation drills, convoy escorting drills along with military operations in urban terrain.

“Live firing drills and close combat scenarios designed to sharpen tactical coordination and readiness in littoral environments were also a part of the exercise,” the Associated Press of Pakistan (APP) said in its report.

“The exercise culminated with a comprehensive amphibious drill in the designated coastal area validating operational readiness of both navies.”

It added the bilateral exercise reflected the “deep-rooted” defense partnership between Pakistan and Türkiye, reaffirming their shared commitment to regional peace through regular joint training.

Pakistan Navy Chief Admiral Naveed Ashraf also visited to Türkiye recently, where he was conferred the prestigious Turkish military honor, the “Legion of Merit,” in recognition of his efforts to enhance maritime cooperation between the two countries.

Pakistan and Türkiye maintain strong diplomatic, economic and defense relations.

Turkish defense firms have played a significant role in modernizing Pakistan’s Agosta 90B-class submarines and have also supplied Islamabad with advanced military equipment including drones

The two nations regularly hold joint military drills to boost cooperation and synergy. The last exercise, Ataturk-XIII in February, brought together special forces for combat training to enhance interoperability.


Pakistan stocks recover as oil supply fears ease after Islamabad seeks Red Sea route— analyst

Updated 05 March 2026
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Pakistan stocks recover as oil supply fears ease after Islamabad seeks Red Sea route— analyst

  • Pakistan has sought Saudi help to secure oil supplies via Red Sea port after Iran’s closure of Strait if Hormuz
  • Analyst says higher crude oil prices, expectations of IMF releasing next loan tranche also triggered bullish activity

ISLAMABAD: Pakistani stocks marked a sharp recovery when trading closed on Thursday, as institutional activity increased following Islamabad’s move to seek crude oil supplies through the Red Sea port eased oil supply fears, a financial analyst said. 

Pakistani stocks have recorded a sharp decline this week, with the benchmark KSE-100 index recording its largest-ever single-day decline on Monday when it plunged 16,089 points. Escalating conflict in the Middle East triggered panic selling at the Pakistani bourse, forcing a temporary trading halt on Monday. 

The KSE-100 index, however, gained 3.49 percent or 5,433.46 points to close at 161,210.67 when trading ended on Thursday, up from the previous close of 155,777.21 points, according to Pakistan Stock Exchange’s (PSX) data.

Pakistan’s Petroleum Minister Ali Pervaiz Malik met Saudi Ambassador Nawaf bin Said Al-Malki on Wednesday to discuss Iran’s closure of the key Strait of Hormuz, which has threatened Pakistan’s energy supply. Roughly 20 percent of the global oil and gas supply passes through the route. Saudi Arabia indicated it could facilitate shipments through the Red Sea port of Yanbu, offering an alternative route if Gulf shipping lanes remain disrupted, the petroleum ministry said on Wednesday. 

“Stocks staged a sharp recovery at PSX amid institutional activity on easing fuel supply fears after KSA [Kingdom of Saudi Arabia] commits oil supplies through the Red Sea port,” Ahsan Mehanti, chief executive officer at Arif Habib Commodities, told Arab News.

He said higher global crude oil prices and expectations of the International Monetary Fund releasing its next tranche of the $7 billion loan for Pakistan also helped bullish activity at the PSX.

An IMF mission was in Pakistan to hold talks on the third review of a $7 billion Extended Fund Facility multi-year program, and for the second review of the $1.4 billion Resilience and Sustainability Facility this week.

However, the delegation left for Türkiye amid tensions in the Gulf. Pakistani officials have said talks are likely to continue virtually in the coming days. 

Pakistani brokerage Topline Securities said in its daily market review report that strong institutional buying “turned the tide” on Thursday after the market’s recent overreaction to regional issues.

The report added that Hub Power Company (HUBC), Oil & Gas Development Company (OGDC), Fauji Fertilizer Company (FFC), Engro Corporation (ENGROH), and Meezan Bank Limited (MEBL) collectively contributed 2,197 points to the KSE benchmark’s gain.

Topline Securities said 723 million shares were traded on Thursday, with K-Electric Limited (KEL) stealing the spotlight as more than 1.17 billion shares changed hands.

Pakistani investors are closely monitoring developments in the Gulf, particularly around energy routes and further retaliatory actions, as the conflict’s trajectory remains uncertain.