Pakistan, Muslim countries reject Israel’s plan to expel Palestinians from Gaza

Tents sheltering displaced Palestinians stand amid the destruction left by the Israeli air and ground offensive in Gaza City on December 5, 2025. (AP)
Short Url
Updated 06 December 2025
Follow

Pakistan, Muslim countries reject Israel’s plan to expel Palestinians from Gaza

  • Israel has announced plans to open the Rafah crossing with Egypt for Gaza residents fleeing the enclave
  • Muslim nations seek implementation of Trump’s peace plan, establishment of independent Palestinian state

ISLAMABAD: Pakistan, together with seven other Arab and Muslim countries, on Friday rejected Israel’s attempt to expel Palestinians by opening the Rafah border crossing with Egypt solely for fleeing Gaza residents, and called for adherence to the peace plan proposed by US President Donald Trump’s administration.

Trump’s Gaza plan calls on Israel to allow humanitarian aid into the territory and keep the Rafah crossing open from both sides.

However, Israel has continued to restrict aid flows, and its military said on Wednesday the crossing would open in the coming days “exclusively for the exit of residents from the Gaza Strip to Egypt.”

“The Foreign Ministers of the Islamic Republic of Pakistan, the Arab Republic of Egypt, the Hashemite Kingdom of Jordan, the United Arab Emirates, the Republic of Indonesia, the Republic of Türkiye, the Kingdom of Saudi Arabia, and the State of Qatar express their deep concern regarding the Israeli statements concerning the opening of the Rafah Crossing in one direction, with the aim of transferring residents of the Gaza Strip into the Arab Republic of Egypt,” said the joint statement circulated in Pakistan by the foreign office.

“The Ministers underscore their absolute rejection of any attempts to expel the Palestinian people from their land and stress the necessity of the full adherence to the plan proposed by US President Donald Trump, including its provisions on keeping the Rafah Crossing open in both directions, ensuring the freedom of movement for the population, and refraining from compelling any resident of the Gaza Strip to leave,” it continued.

The statement appreciated the US president’s commitment to establishing peace in the region and emphasized the importance of implementing his plan “without delay or obstruction” to help consolidate regional stability.

“The Ministers underscore the need to fully sustain the ceasefire, alleviate civilian suffering, ensure the unrestricted entry of humanitarian assistance into the Gaza Strip, initiate early recovery and reconstruction efforts, and create the conditions necessary for the Palestinian Authority to resume its responsibilities in the Gaza Strip,” the statement added.

They reaffirmed their countries’ readiness to work with the United States and all concerned regional and international actors to achieve “a just, comprehensive, and sustainable peace in accordance with international legitimacy and the two-state solution,” including the establishment of an independent Palestinian state on the pre-1967 lines with East Jerusalem as its capital.

Pakistan’s foreign office circulated the statement after Deputy Prime Minister Ishaq Dar held a telephone conversation with Saudi Foreign Minister Prince Faisal bin Farhan to discuss regional developments, particularly Gaza.

Dar condemned Israel’s plan to partially reopen the Rafah crossing only for fleeing Gaza residents, calling it a “clear violation” of the region’s peace plan.


Pakistan stocks hit record high on hopes of rate cut, improved US ties

Updated 6 sec ago
Follow

Pakistan stocks hit record high on hopes of rate cut, improved US ties

  • Benchmark index gains 2,662 points, or 1.44 percent, to close at an all-time high of 187,761 points
  • Engro, UBL, Hub Power, Fauji Fertilizer, Meezan Bank and Service Industries added 1,554 points to index

ISLAMABAD: The Pakistan Stock Exchange (PSX) hit a record high as it surpassed the 187,500-point mark on Monday, with analysts citing improving ties with the United States and expectations of an imminent interest rate cut.

The benchmark KSE-100 index gained 2,662.86 points, or 1.44 percent, to close at an all-time high of 187,761.69 points, up from the previous close of 185,098.83 points, according to PSX data.

The stock gains came a day after President Donald Trump invited Prime Minister Shehbaz Sharif to join the so-called “Board of Peace” for Gaza, amid increasing Pakistan-US diplomatic and economic engagement since Trump’s rise to presidency.

“Falling government bond yields and improving Pakistan-US relations played a catalyst role in record close at PSX,” Ahsan Mehanti, chief executive officer of Arif Habib Commodities, told Arab News.

Meanwhile, Karachi-based market research firm Topline Securities said bulls extended their rally as hopes of a rate cut by the State Bank of Pakistan (SBP) fueled investor sentiment.

“Investor sentiment remained upbeat, largely fueled by rising expectations of an imminent interest rate cut,” it said in a post on X. “Market participants increasingly priced in a 50bps reduction in the upcoming monetary policy, which kept buying interest alive and underpinned broad-based gains.”

In December, the SBP cut its key policy rate by 50 basis points to 10.5 percent, resuming monetary easing after four meetings in a move that surprised many despite International Monetary Fund guidance to keep policy “appropriately tight” to anchor inflation expectations.

Engro Holdings Limited (ENGROH), United Bank Limited (UBL), Hub Power Company Limited (HUBC), Fauji Fertilizer Company Limited (FFC), Meezan Bank Limited (MEBL) and Service Industries Limited (SRVI) collectively added 1,554 points to the benchmark index on Monday, according to Topline Securities.

“Total market volumes stood at 1,195 million shares, while the value of shares traded amounted to Rs63.7 billion,” the research firm said. “[Bank Makramah Limited] BML led the volume chart, emerging as the most actively traded stock with 246 million shares.”