Pakistan army chief meets world leaders in rare Davos appearance

Pakistan’s Prime Minister Shehbaz Sharif (left) and Chief of Army Staff Field Marshal Syed Asim Munir (center) meet US Secretary of State Marco Rubio (right) on January 22, 2026. (Screenshot/PM Office/X)
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Updated 22 January 2026
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Pakistan army chief meets world leaders in rare Davos appearance

  • Field Marshal Asim Munir attends World Economic Forum alongside prime minister
  • Pakistan delegation holds meetings with US, Saudi and Azerbaijani leaders

ISLAMABAD: Pakistan’s Chief of Army Staff Field Marshal Syed Asim Munir is attending the World Economic Forum’s annual meeting in Davos this week alongside Prime Minister Shehbaz Sharif, marking a rare appearance by a serving army chief at the global gathering of political and business leaders.

Pakistan’s participation at Davos comes as Islamabad seeks to attract investment, project economic stability and deepen engagement with key international partners following recent reforms aimed at stabilizing the economy. 

While Pakistani leaders routinely attend the World Economic Forum, it is uncommon for a serving army chief to be present. In 2017, former army chief Raheel Sharif addressed the forum only after his retirement, while General Pervez Musharraf spoke at Davos on a number of occasions in his role as president, not as military chief. 

Pakistan’s governance structure has evolved in recent years, particularly through the expanded role of the military in economic decision-making through bodies such as the Special Investment Facilitation Council, a civil-military platform designed to fast-track foreign investment in sectors including minerals, energy, agriculture and technology.

“The Prime Minister and the Field Marshal met with the President of Azerbaijan Ilham Aliyev, United States Secretary of State Marco Rubio, and Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan Al Saud,” Sharif’s office said in a statement.

Officials say the delegation’s engagements focused on strengthening economic ties and maintaining high-level contact with partners in the Middle East, Central Asia and the United States at a time of shifting global economic and strategic alignments.

The World Economic Forum’s annual meeting brings together heads of state, ministers, investors and corporate leaders to discuss global economic risks, investment trends and geopolitical challenges. Davos is not a military forum, and while security issues are discussed there, the physical presence of a serving military chief remains the exception, not the norm, across countries. When military figures do appear, it is usually because they are heads of state or government, retired and speaking as security experts or hold a civilian defense portfolio such as defense minister or national security adviser.


In a first, Pakistani corporate dairy farm to make $8.9 million market debut next month

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In a first, Pakistani corporate dairy farm to make $8.9 million market debut next month

  • Ghani Dairies to issue 104.2 million new shares, with most offered via book building
  • Company supplies milk to large processors including Nestlé Pakistan and Fauji Foods

KARACHI: Ghani Dairies Limited, a Pakistani corporate dairy farming company, plans to raise about Rs 2.5 billion ($8.9 million) through an initial public offering, in what would be the country’s first listing by a large-scale, automated dairy farm, its advisers said on Tuesday.

The company will issue 104.2 million new shares, representing 24.28 percent of its post-IPO paid-up capital, with 75 percent of the offering allocated through book building and the remainder offered to retail investors, according to a statement by JS Global Capital, the consultant to the issue.

The floor price has been set at Rs 24 per share, and the issue will be fully underwritten.

“This is not just a dairy farm, but a vision for Pakistan’s dairy future,” said Hafiz Avais Ghani, chief executive officer of Ghani Dairies, adding that the company aimed to expand capacity to better serve industrial clients and the broader market.

Ghani Dairies operates a fully automated dairy farm using imported high-yielding cattle and digital herd-management systems, supplying milk primarily to large food and dairy processors.

Its expansion plan includes the import of 1,250 dairy cows, construction of additional milking and heifer sheds, storage facilities and the installation of modern feeding and milking systems.

The company’s customers include Nestlé Pakistan, IRC Dairy, and Fauji Foods, according to the statement.

Khalil Usmani, chief executive of JS Global Capital, said the IPO would give investors exposure to a modern, corporate dairy operation at a time when demand for higher-quality milk and value-added dairy products was rising.

Book building for the offering is scheduled for Feb. 2–3, with the public offering expected to follow on Feb. 9–10, the statement said.