Pakistan thanks Saudi Arabia, UAE, Jordan for supporting its stance on Palestine 

Prime Minister of the Islamic Republic of Pakistan Muhammad Shehbaz Sharif speaks at the 80th session of The United Nations General Assembly (UNGA) on September 26, 2025 in New York City. (AFP/File)
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Updated 29 September 2025
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Pakistan thanks Saudi Arabia, UAE, Jordan for supporting its stance on Palestine 

  • Pakistan PM Shehbaz Sharif recently called for an immediate ceasefire in Gaza at the UN General Assembly
  • Deputy PM Ishaq Dar says Pakistan heading toward “genuine” economic improvement, poverty alleviation

ISLAMABAD: Deputy Prime Minister Ishaq Dar has thanked Saudi Arabia, Jordan, the UAE, Indonesia and Egypt for supporting Pakistan’s stance on the Palestine issue at various international forums, state-run media reported on Sunday, crediting PM Shehbaz Sharif with “effectively” raising the issue at global platforms last week. 

Sharif led the Pakistan delegation at the United Nations last week, during which he addressed the UN General Assembly. The Pakistani prime minister called for an immediate ceasefire in Gaza, describing Israel’s actions in the Middle East as “rogue behavior” and called for granting Palestinians access to food and lifesaving medicines in Gaza. The Pakistani prime minister was also part of a multilateral meeting of Muslim leaders from Saudi Arabia, UAE, Turkiye, Indonesia and others with US President Donald Trump at the UNGA’s sidelines. The leaders discussed Israel’s war on Gaza, which has cost over 66,000 Palestinians their lives, and called for a cessation of hostilities. 

Speaking to reporters in London, Dar said Prime Minister Shehbaz Sharif has effectively raised the issues of the disputed Kashmir and Palestine territories at international forums.
“He thanked Saudi Arabia, UAE, Egypt, Jordan, and Indonesia for supporting Pakistan’s stance on Palestine,” state broadcaster Radio Pakistan reported. 
Dar also spoke about Pakistan’s economy, saying it is “on the path to recovery” marked by growing international confidence and a surge in “fresh investments.”
Earlier this month, American firm US Strategic Metals (USSM) and Pakistan’s Frontier Works Organization signed an agreement to deepen cooperation in the critical minerals sector. As per the deal, the US firm would invest $500 million in Pakistan’s critical minerals sector. 
Dar said the investment deal with USSM is “clear evidence” of Pakistan’s renewed economic engagement, adding that the country was heading toward genuine economic improvement and poverty alleviation. 
“He said the country is now moving toward genuine economic improvement and poverty alleviation,” the state broadcaster said
Pakistan has been suffering from a prolonged economic crisis that brought the country to the brink of a sovereign default in 2023 before a last-gasp bailout package from the International Monetary Fund (IMF) helped avert it. Since then, Pakistan has undertaken painful financial reforms mandated by the IMF to reform its economy. 
Pakistan also formed the Special Investment Facilitation Council (SIFC) in June 2023 to fast-track decisions related to international investment in its priority sectors of minerals, livestock, agriculture, tourism, IT and others. 


Pakistan forms committee to negotiate financial advisory services for Islamabad airport privatization

Updated 18 February 2026
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Pakistan forms committee to negotiate financial advisory services for Islamabad airport privatization

  • Committee to engage Asian Development Bank to negotiate terms of financial advisory services agreement, says privatization ministry
  • Inaugurated in 2018, Islamabad airport has faced criticism over construction delays, poor facilities and operational inefficiencies

ISLAMABAD: Pakistan’s Privatization Ministry announced on Wednesday that it has formed a committee to engage the Asian Development Bank (ADB) to negotiate a potential financial advisory services agreement for the privatization of Islamabad International Airport.

The Islamabad International Airport, inaugurated in 2018 at a cost of over $1 billion, has faced criticism over construction delays, poor facilities, and operational inefficiencies.

The Negotiation Committee formed by the Privatization Commission will engage with the ADB to negotiate the terms of a potential Financial Advisory Services Agreement (FASA) for the airport’s privatization, the ministry said. 

“The Negotiation Committee has been mandated to undertake negotiations and submit its recommendations to the Board for consideration and approval, in line with the applicable regulatory framework,” the Privatization Ministry said in a statement. 

The ministry said Islamabad airport operations will be outsourced under a concession model through an open and competitive process to enhance its operational efficiency and improve service delivery standards. 

Pakistan has recently sought to privatize or outsource management of several state-run enterprises under conditions agreed with the International Monetary Fund (IMF) as part of a $7 billion bailout approved in September last year.

Islamabad hopes outsourcing airport operations will bring operational expertise, enhance passenger experience and restore confidence in the aviation sector.

In December 2025, Pakistan’s government successfully privatized its national flag carrier Pakistan International Airlines (PIA), selling 75 percent of its stakes to a consortium led by the Arif Habib Group. 

The group secured a 75 percent stake in the PIA for Rs135 billion ($482 million) after several rounds of bidding, valuing the airline at Rs180 billion ($643 million).

Pakistan’s Finance Minister Muhammad Aurangzeb said this week the government has handed over 26 state-owned enterprises to the Privatization Commission.