Pakistan space agency, local bank launch satellite-powered agri-lending solution

President and CEO, HBL Microfinance Bank (MfB), Amir Khan (left), shakes hands with Member (SAR), Space and Upper Atmosphere Research Commission (SUPARCO), Zafar Iqbal, after signing a memorandum of understanding (MoU) in Islamabad, Pakistan, on August 10, 2025. (HBL MfB)
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Updated 10 August 2025
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Pakistan space agency, local bank launch satellite-powered agri-lending solution

  • SUPARCO to provide pre-loan assessments to banks using high-resolution satellite imagery, crop health analytics
  • After pilot project in Okara, project will include post-loan satellite monitoring to allow early detection of crop anomalies

ISLAMABAD: Pakistan’s national space agency said on Sunday it has signed a “landmark” memorandum of understanding (MoU) with HBL Microfinance Bank (HBL MfB) to introduce, for the first time, satellite-based agricultural analytics into the country’s lending ecosystem. 

The Pakistan Space and Upper Atmosphere Research Commission (SUPARCO) said the initiative represents a major step forward in applying space technology to support climate-smart agriculture and enhance access to finance for farmers. 

The pilot will involve remote pre-loan assessments using high-resolution satellite imagery, crop health analytics, yield estimation, risk profiling, and a scoring engine to assess farm-level creditworthiness by SUPARCO. A secure API and dashboard interface will enable HBL MfB to integrate this data into its loan decision-making processes, eliminating the need for manual field verification.

“The pilot phase will be implemented in Okara District, Punjab— one of the country’s most important agricultural regions,” the statement said. 

“SUPARCO’s secure API and dashboard interface will integrate directly with HBL MfB’s systems, eliminating the need for manual field verification and enabling remote pre-loan assessments.”

The next phase of the partnership includes post-loan satellite monitoring, enabling the bank to track crop activity and raise early alerts in case of anomalies, the space agency said. 

The development takes place as Pakistan aims to strengthen its space program. China last month launched a Pakistani remote sensing satellite (PRSS-1) from the Xichang Satellite Launch Center in southwest China’s Sichuan Province.

The satellite, being primarily used in the fields of land resource surveys and disaster prevention and mitigation, will help promote the development of Pakistan, Pakistan’s planning minister had said. 

In January, China launched Pakistan’s indigenously developed Electro-Optical (EO-1) satellite into space from its Jiuquan Satellite Launch Center, aiming to predict natural disasters and monitor resources, Chinese and Pakistani state media reported.

In November 2024, SUPARCO announced its rover will join China’s Chang’E 8 mission to explore the moon’s surface in 2028.

In May 2024, Pakistan launched its first lunar satellite aboard China’s Chang’e-6 probe, which was tasked with landing on the far side of the moon that perpetually faces away from the Earth.


Pakistani students recount perilous journey home from Iran as Middle East conflict escalates

Updated 13 sec ago
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Pakistani students recount perilous journey home from Iran as Middle East conflict escalates

  • 792 Pakistanis repatriated via land and air corridors, officials say
  • Many evacuees are students enrolled in Iranian universities

ISLAMABAD: Hundreds of Pakistani students are fleeing Iran this week as escalating hostilities in the Middle East spill across key population centers, forcing them to abandon studies and undertake perilous overland journeys back home.

Iran has been rocked since last week by joint US and Israeli strikes that killed Supreme Leader Ayatollah Ali Khamenei, followed by retaliatory missile attacks targeting American military bases across the Gulf region. The escalation has disrupted air travel, heightened military activity along Iran’s southern coastline and turned strategic locations such as Bandar Abbas, near the Strait of Hormuz through which roughly 20 percent of global oil supplies pass, into flashpoints.

Among those returning is Misbah Hussain, a 22-year-old medical student from Pakistan’s coastal district of Badin in Sindh province. Her education in Iran’s Hormozgan province, which borders the Strait of Hormuz, was abruptly cut short by missile strikes near her university hostel.

“I cannot put those scenes into words,” said Hussain, describing the attacks near her hostel at the Hormozgan University of Medical Sciences in the Iranian coastal city of Bandar Abbas.

She said she had traveled by road from Bandar Abbas to the Pakistan-Iran border, changing three to four different cabs along the way as the security situation deteriorated. After crossing into Pakistan, she continued her journey to Karachi via the coastal highway in a vehicle arranged by the local administration, before heading onward to her hometown of Badin, where, she said, her family would witness her “second life.”

“Missiles landed a short distance from where we were staying,” she said, “and continued during our journey back. We could see missiles hitting along the way. There were moments when we felt we might not survive.”

Bandar Abbas, Iran’s main southern port, has seen intensified military activity in recent days as regional airspace remains largely restricted. Students described sirens, outgoing missile launches and the constant fear of further escalation.

“I had gone there 13 days ago, and the conditions worsened,” Hussain added, noting that examinations were abruptly canceled as students fled the city.

The students’ journey home has proved arduous. From Bandar Abbas, they traveled east through Iran’s Sistan-Baluchestan province toward the Gabd-Rimdan border crossing into Pakistan’s southwestern province of Balochistan. The route, normally a commercial corridor, has become a critical evacuation pathway for the roughly 35,000 Pakistanis currently residing in Iran, according to officials.

Nazir Hussain, another student at the university, described a chaotic departure marked by transport shortages and inflated fares.

“We left Iran under extreme fear,” Nazir told Arab News over the phone as he neared his home city of Hyderabad. “Transport was unreliable, drivers exploited the situation by charging excessive fares. At every stage, we felt uncertain and unsafe.”

The overland journey to the Gabd border spans nearly 800 kilometers (about 497 miles) from Bandar Abbas. Students said they could not wait for formal evacuation arrangements.

“We couldn’t wait for the government help to arrive. We just left a warzone, and this is what we could do, but the journey was extremely painful,” Nazir said.

After crossing into Pakistan, many students were assisted by local authorities in Gwadar before undertaking another nearly 700-kilometer (435-mile) journey to major cities such as Karachi and Hyderabad.

Speaking at a press conference, Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar said on Tuesday a 24-hour crisis management unit has been activated to assist Pakistani nationals across the Gulf, where an estimated 4.5 million Pakistanis live and work.

According to government figures, 792 Pakistanis have been repatriated from Iran so far, including 650 who crossed through the Gabd-Rimdan and Taftan border crossings in the past 48 hours. A significant number of those returning are students enrolled in Iranian universities.

“The safety of Pakistanis abroad and the sovereignty of Pakistan remain our foremost priorities,” Dar told reporters in Islamabad, adding that Azerbaijan has been designated as an additional evacuation base for Pakistanis in northern Iran.

Despite official assurances that authorities are working “round the clock,” some students say support on the ground has been limited.

“Assistance with transport and communication could make an enormous difference for students stranded in dangerous situations,” Nazir said. “But, unfortunately, in our case it didn’t exist.”

Officials estimate that around 3,000 Pakistani students remain in Iran. With airspace disruptions and ongoing hostilities, many face the difficult decision of staying in a volatile environment or risking long overland travel to reach safety.

“We had only heard about death before,” student Misbah Hussain said. “This time we saw it with our own eyes.”