Pakistan assembly speaker, Indian FM shake hands in first high-level contact since May

Pakistan’s National Assembly Speaker Sardar Ayaz Sadiq shakes hands with India’s External Affairs Minister Subrahmanyam Jaishankar (left) in Dhaka, Bangladesh, on December 31, 2025. (X/@ChiefAdviserGoB)
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Updated 01 January 2026
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Pakistan assembly speaker, Indian FM shake hands in first high-level contact since May

  • Tensions persist between India and Pakistan after they engaged in brief military conflict in May this year
  • Pakistan assembly speaker, Indian FM both attend former Bangladesh PM Khaleda Zia’s funeral in Dhaka

ISLAMABAD: Pakistan’s National Assembly Speaker Sardar Ayaz Sadiq and India’s External Affairs Minister Subrahmanyam Jaishankar shook hands in Dhaka on Wednesday, establishing the first high-level contact between officials of both countries since their brief military conflict in May. 

Sadiq and Jaishankar arrived in Dhaka to attend the funeral of Bangladesh’s first female prime minister Khaleda Zia, who passed away earlier this week at the age of 80 after prolonged illness. Diplomats from several countries attended Zia’s funeral on Wednesday, which drew large crowds to the Bangladeshi capital. 

Tensions persist between nuclear-armed neighbors India and Pakistan, who engaged in a four-day military conflict in May this year. The conflict was triggered when India blamed Pakistan for supporting a militant attack in Indian-administered Kashmir in April that killed over 20 tourists. Pakistan denied involvement and called for a transparent probe into the incident. 

“Sardar Ayaz Sadiq, Speaker of the National Assembly of Pakistan, exchanges greetings with Indian External Affairs Minister S. Jaishankar in Dhaka on Wednesday ahead of the funeral program of former Bangladesh Prime Minister Khaleda Zia,” the official X account of Bangladesh’s Chief Adviser Muhammad Younus wrote. 

Sadiq also met Zia’s son Tarique Rahman, the acting chairperson of the Bangladesh Nationalist Party (BNP), to convey condolences over his mother’s demise from the people and government of Pakistan, the Pakistan High Commission in Bangladesh said.

“During the meeting, he recalled Begum Zia’s remarkable political leadership and noted her pivotal role in promoting historical affinities, mutual respect and cooperation between our two nations,” the high commission wrote on social media platform X.

Senior officials from both India and Pakistan have refrained from shaking hands or exchanging pleasantries since the May conflict, as tensions persist between the two sides. 

The May conflict saw both countries exchange artillery fire, pound each other with fighter jets and trade missiles and drone strikes before Washington brokered a ceasefire on May 10. 

Sadiq is expected to meet senior officials of Bangladesh’s interim government during his trip, according to an earlier statement issued by his office.

Prime Minister Shehbaz Sharif had described Zia as a “committed friend of Pakistan” on Tuesday, praising her role in Bangladesh’s political life and expressing solidarity with the Bangladeshi people during what he called a difficult moment.

Zia, who served three terms as prime minister, led the BNP and remained a central figure in Bangladeshi politics despite years of ill health and imprisonment under the government of her longtime rival, Sheikh Hasina. She was released last year following Hasina’s ouster after a violent uprising.

Pakistan and Bangladesh were part of the same country until Bangladesh’s secession following a bloody civil war in 1971, an event that has long cast a shadow over bilateral ties. Relations remained largely strained for decades, shaped by historical grievances and political mistrust.

However, Islamabad enjoyed comparatively warmer ties with Dhaka during Zia’s tenure than under Hasina.

Engagement between Islamabad and Dhaka has increased since Hasina’s removal and the formation of an interim administration, with both sides signaling interest in improving political, diplomatic, economic and security ties.


Saudi-backed Wafi Energy Pakistan announces 7.5 percent increase in profits last year

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Saudi-backed Wafi Energy Pakistan announces 7.5 percent increase in profits last year

  • Wafi Energy Pakistan operates one of country’s largest fuel retail, lubricants networks
  • The company is also planning a Dubai-based subsidiary to expand its commercial activities

KARACHI: Wafi Energy Pakistan Limited, a subsidiary of Saudi Arabia-based Wafi Energy Holding, on Friday announced a Rs3.54 billion ($12.6 million) profit last year, marking a 7.5 percent increase from the previous year.

In 2025, Wafi Energy acquired Shell Pakistan and added 35 new retail sites to its network, including a second eco-friendly Shell site built with recycled plastic, bringing the Shell retail network to over 680 sites nationwide.

The lubricants business continued strong performance across both consumer and industrial segments and Wafi Energy said had continued its growth in indirect and process oil segments, besides expanding its mining portfolio.

“We delivered a strong business performance in 2025 and importantly, we did so while investing to grow. Our focus through the year was clear – to expand in priority growth areas, establish Wafi Energy in Pakistan and strengthen the Shell customer experience,” Zubair Shaikh, Wafi Energy Pakistan’s chief executive officer, said in a statement.

“In 2026, our ambition is to accelerate growth, build shareholder value and continue investing in the energy future for Pakistan.”

Wafi Energy Pakistan Limited, formerly Shell Pakistan Limited, operates one of the country’s largest fuel retail and lubricants networks. Shell plc divested its majority stake in 2024, after which the company was rebranded under Saudi ownership while continuing to market fuels and lubricants under the Shell brand.

The company said it remains focused on operational excellence and growth.

“The company is also advancing its investment strategy by planning a Dubai-based subsidiary to expand commercial activities and strengthen its regional presence,” it said.

“This strategic move underscores Wafi Energy’s commitment to sustainable growth and expanding its footprint.”