Islamabad voices support for Saudi diplomatic efforts for peace, stability in Yemen

Saudi Ambassador to Yemen Mohammed bin Saeed Al-Jaber (left) meets with a negotiating delegation concerned with detainees in the country, in Riyadh, Saudi Arabia, on December 25, 2025. (SPA)
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Updated 27 December 2025
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Islamabad voices support for Saudi diplomatic efforts for peace, stability in Yemen

  • The development comes days after a deal between Yemen’s Houthis, government to exchange nearly 3,000 prisoners
  • Islamabad underscores the need to uphold Yemen’s unity, hoping that the stakeholders will avoid any unilateral steps

ISLAMABAD: Pakistan fully supports diplomatic efforts being undertaken by the Kingdom of Saudi Arabia for ensuring peace and stability in Yemen, the Pakistani foreign office said on Friday.

The development comes days after an agreement between Yemen’s Houthi group and its internationally recognized government to exchange nearly 3,000 prisoners, which Riyadh hailed as a crucial humanitarian measure to help alleviate human suffering and foster confidence-building in Yemen.

The deal came after nearly a fortnight of discussions between Yemeni officials from both sides in Muscat, the capital of neighboring Oman, a key mediator in the conflict that has lasted for more than a decade.

The Pakistani foreign office underscored the need to uphold unity and territorial integrity of Yemen, expressing hope that Yemeni stakeholders will avoid any unilateral steps and urging all parties to engage constructively toward an inclusive, negotiated political solution of the conflict.

“Pakistan expresses its hope that the ongoing diplomatic efforts will result in concrete steps toward achieving lasting peace in the country, and in bringing an end to the suffering of the Yemeni people,” it said in a statement.

“We also commend the efforts of the UAE in this regard.”

United Nations Special Envoy for Yemen Hans Grundberg in a statement welcomed the agreement as “a positive and meaningful step that will hopefully ease the suffering of detainees and their families across Yemen.”

On Thursday, Saudi Ambassador to Yemen Mohammed bin Saeed Al-Jaber met with a negotiating delegation concerned with detainees in the country and reaffirmed Saudi Arabia’s continued support for the complete release of all detainees, abductees and forcibly disappeared persons from all parties, the Saudi Press Agency reported.

During the meeting, he emphasized the importance of completing implementation procedures, exchanging lists and records, and expediting the execution of the agreed mechanism for the exchange process.


Pakistan sees retail payments surge to $592 billion in first quarter of FY26— report

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Pakistan sees retail payments surge to $592 billion in first quarter of FY26— report

  • Retail payment volumes rose to 2.8 billion transactions during the quarter, marking 10% increase
  • Expansion primarily driven by continued rise in mobile app-based banking, says Pakistan’s central bank

KARACHI: Pakistan saw retail payments surge to Rs166 trillion [$592 billion] during the first quarter of the current fiscal year, a report by the central bank said on Tuesday, registering an increase of six percent compared to the last quarter. 

In its quarterly report on payment systems, the State Bank of Pakistan (SBP) said retail payment volumes rose to 2.8 billion transactions to mark a 10% quarterly growth. It said the value of the payments surged to $592 billion during the same period. 

“This expansion was primarily driven by the continued rise in mobile app-based banking,” the SBP report said. 

The report further said digital payment channels accounted for 2.5 billion transactions, representing 90% of total retail payments compared to 87% in the same quarter last year. 

The central bank said mobile app-based payments dominated the digital landscape, with 2 billion transactions carried out through apps offered by banks, branchless banking (BB) providers and EMIs [electronic money institutions]. 

“These transactions constituted 81% of all digital payments and amounted to PKR 33.7 trillion [$120.3 billion] in value,” the SBP report said.

Internet banking also saw a “steady expansion,” with the report stating that an increasing number of users conducted transactions through digital channels. Payment cards in circulation increased to 61.3 million, the SBP said, of which 90% are debit cards and four percent are credit cards.

The report also said that a network of 20,527 ATMs facilitated 267 million transactions across the country during the quarter that amounted to Rs4.5 trillion [$16.1 billion]. 

“These developments collectively reflect continued progress toward a more inclusive, efficient, and digitally enabled payments ecosystem in Pakistan,” the SBP said.