Pakistan army chief visits Egypt to enhance military, defense cooperation

Pakistan’s Army Chief Field Marshal Syed Asim Munir (second left) meets Egypt’s Minister of Defense General Abdul Maged Sagar (center) in Cairo, Egypt, on October 23, 2025. (ISPR)
Short Url
Updated 23 October 2025
Follow

Pakistan army chief visits Egypt to enhance military, defense cooperation

  • Field Marshal Syed Asim Munir meets Egyptian minister of defense, grand imam of Al Azhar Institute, says military’s media wing
  • Army chief discusses matters of mutual interest, stresses need to eradicate extremist ideologies, “contorted interpretations” of Islam

ISLAMABAD: Pakistan’s army chief is in Egypt where he held meetings with top defense and military officials to enhance bilateral military cooperation, Pakistani military’s media wing said on Thursday, with talks between both sides focusing on regional security and matters of mutual interest. 

Field Marshal Syed Asim Munir met Egypt’s Minister of Defense General Abdul Maged Sagar and the chief of staff of the country’s armed forces, Lt. Gen. Ahmed Khalifa Fatehi, during his visit, the Inter-Services Public Relations (ISPR) said. 

The Pakistani army chief described Egypt as a brotherly country, adding that cooperation between both states would not only benefit their people will also lead to peace and stability in the region. 

“The visit is aimed at enhancing military cooperation and defense collaboration between the two brotherly countries,” the ISPR said. 

Munir was presented with the guard of honor when he arrived at the Ministry of Defense in Egypt, the military’s media wing said. He also laid a floral wreath at the ‘Memorial of Unknown Soldier’ and the grave of former Egyptian president Mohamed Anwar Al Sadat.

The Pakistani army chief also met Sheikh Ahmed El Tayab, the grand imam of the Al Azhar institute, during which the imam shared his views on the challenges faced by the Muslim world. 

“The COAS highlighted the need to eradicate extremist ideologies and contorted interpretations of Islam,” the ISPR concluded. 

Pakistan and Egypt have cordial ties and both countries have resolved in recent years to facilitate businessmen with visas, exchange trade-related information and promote private-sector contacts.

Military and defense officials of the two countries regularly hold meetings to review the regional security situation. Pakistan’s chairman joint chiefs of staff committee, General Sahir Shamshad Mirza, visited Egypt in July this year for the third round of defense and security talks between the two countries.

In July also, senior officials from both countries discussed enhancing bilateral cooperation in agriculture, food security and farming, with Islamabad expressing interest in learning from Cairo’s successful experiences in these areas. 


Pakistan, global crypto exchange discuss modernizing digital payments, creating job prospects 

Updated 05 December 2025
Follow

Pakistan, global crypto exchange discuss modernizing digital payments, creating job prospects 

  • Pakistani officials, Binance team discuss coordination between Islamabad, local banks and global exchanges
  • Pakistan has attempted to tap into growing crypto market to curb illicit transactions, improve oversight

ISLAMABAD: Pakistan’s finance officials and the team of a global cryptocurrency exchange on Friday held discussions aimed at modernizing the country’s digital payments system and building local talent pipelines to meet rising demand for blockchain and Web3 skills, the finance ministry said.

The development took place during a high-level meeting between Finance Minister Muhammad Aurangzeb, Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman Bilal bin Saqib, domestic bank presidents and a Binance team led by Global CEO Richard Teng. The meeting was held to advance work on Pakistan’s National Digital Asset Framework, a regulatory setup to govern Pakistan’s digital assets.

Pakistan has been moving to regulate its fast-growing crypto and digital assets market by bringing virtual asset service providers (VASPs) under a formal licensing regime. Officials say the push is aimed at curbing illicit transactions, improving oversight, and encouraging innovation in blockchain-based financial services.

“Participants reviewed opportunities to modernize Pakistan’s digital payments landscape, noting that blockchain-based systems could significantly reduce costs from the country’s $38 billion annual remittance flows,” the finance ministry said in a statement. 

“Discussions also emphasized building local talent pipelines to meet rising global demand for blockchain and Web3 skills, creating high-value employment prospects for Pakistani youth.”

Blockchain is a type of digital database that is shared, transparent and tamper-resistant. Instead of being stored on one computer, the data is kept on a distributed network of computers, making it very hard to alter or hack.

Web3 refers to the next generation of the Internet built using blockchain, focusing on giving users more control over their data, identity and digital assets rather than big tech companies controlling it.

Participants of the meeting also discussed sovereign debt tokenization, which is the process of converting a country’s debt such as government bonds, into digital tokens on a blockchain, the ministry said. 

Aurangzeb called for close coordination between the government, domestic banks and global exchanges to modernize Pakistan’s payment landscape.

Participants of the meeting also discussed considering a “time-bound amnesty” to encourage users to move assets onto regulated platforms, stressing the need for stronger verifications and a risk-mitigation system.

Pakistan has attempted in recent months to tap into the country’s growing crypto market, crack down on money laundering and terror financing, and promote responsible innovation — a move analysts say could bring an estimated $25 billion in virtual assets into the tax net.

In September, Islamabad invited international crypto exchanges and other VASPs to apply for licenses to operate in the country, a step aimed at formalizing and regulating its fast-growing digital market.