Pakistan president discusses ports, logistics rail cooperation with DP World in Dubai

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President Asif Ali Zardari meeting with DP World CEO Sultan Ahmed bin Sulayem, in Abu Dhabi on January 28, 2026. (Pakistani president’s office)
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President Asif Ali Zardari meeting Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai on January 28, 2025
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Updated 28 January 2026
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Pakistan president discusses ports, logistics rail cooperation with DP World in Dubai

  • Asif Ali Zardari reaffirms Islamabad’s commitment to provide facilitation, fast-track approvals to partner enterprises
  • Pakistan’s president arrived in UAE on Monday evening on a four-day visit to review economic, trade ties with Gulf state

ISLAMABAD: President Asif Ali Zardari on Wednesday discussed bilateral cooperation in port, rail and logistics with DP World CEO Sultan Ahmed bin Sulayem, the Pakistani president’s office said amid Islamabad’s drive to position itself as a regional trade and transit hub. 

Pakistan and the UAE have stepped up cooperation in recent months by signing various agreements. Both signed two inter-governmental framework agreements to establish a dedicated rail freight corridor and an economic zone near the southern port city of Karachi in 2024, covering more than $3 billion in planned investments. 

In September 2025, DP World formally partnered with Pakistan’s National Logistics Corporation (NLC) and the Pakistan Railways to build the first phase of a $400 million freight corridor linking Karachi Port with the Pipri marshalling yard, a major rail hub on the city’s outskirts. 

“The President reaffirmed the Government of Pakistan’s commitment to providing institutional facilitation and fast-track approvals to partner enterprises,” Zardari’s office said in a statement about his meeting with Sulayem. 

“And underscored the importance of deepening long-term cooperation in rail freight modernization, inland logistics and integrated freight corridors.” 

Zardari praised DP World’s contribution to Pakistan’s logistics, port operations and infrastructure, the statement said. He said DP World’s initiatives align with Pakistan’s objective of positioning itself as a regional trade and transit hub via modern logistics infrastructure.

Sulayem noted that Pakistan occupies a critical position as sea routes face growing pressures, the Pakistani president’s office said. 

“He noted that Pakistan’s direct connectivity with China and Central Asia, combined with its access to the Arabian Sea and its surface connectivity through road and rail networks, places it at the center of regional and inter-regional trade flows,” the statement said. 

The Pakistani president arrived in the UAE on Monday evening on a four-day visit to review trade, economic and investment ties with the Gulf state. 

Zardari also met UAE Vice President Sheikh Mohammed bin Rashid Al Maktoum at Dubai’s Zabeel Palace on Wednesday. The two sides discussed ways to expand bilateral trade, economic and investment partnership, Zardari’s office said. 

On Tuesday, Zardari met his UAE counterpart Sheikh Mohammed bin Zayed Al-Nahyan in Abu Dhabi. Both leaders explored new opportunities in trade, investment and other sectors during their meeting. 


Pakistan stocks recover as oil supply fears ease after Islamabad seeks Red Sea route— analyst

Updated 05 March 2026
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Pakistan stocks recover as oil supply fears ease after Islamabad seeks Red Sea route— analyst

  • Pakistan has sought Saudi help to secure oil supplies via Red Sea port after Iran’s closure of Strait if Hormuz
  • Analyst says higher crude oil prices, expectations of IMF releasing next loan tranche also triggered bullish activity

ISLAMABAD: Pakistani stocks marked a sharp recovery when trading closed on Thursday, as institutional activity increased following Islamabad’s move to seek crude oil supplies through the Red Sea port eased oil supply fears, a financial analyst said. 

Pakistani stocks have recorded a sharp decline this week, with the benchmark KSE-100 index recording its largest-ever single-day decline on Monday when it plunged 16,089 points. Escalating conflict in the Middle East triggered panic selling at the Pakistani bourse, forcing a temporary trading halt on Monday. 

The KSE-100 index, however, gained 3.49 percent or 5,433.46 points to close at 161,210.67 when trading ended on Thursday, up from the previous close of 155,777.21 points, according to Pakistan Stock Exchange’s (PSX) data.

Pakistan’s Petroleum Minister Ali Pervaiz Malik met Saudi Ambassador Nawaf bin Said Al-Malki on Wednesday to discuss Iran’s closure of the key Strait of Hormuz, which has threatened Pakistan’s energy supply. Roughly 20 percent of the global oil and gas supply passes through the route. Saudi Arabia indicated it could facilitate shipments through the Red Sea port of Yanbu, offering an alternative route if Gulf shipping lanes remain disrupted, the petroleum ministry said on Wednesday. 

“Stocks staged a sharp recovery at PSX amid institutional activity on easing fuel supply fears after KSA [Kingdom of Saudi Arabia] commits oil supplies through the Red Sea port,” Ahsan Mehanti, chief executive officer at Arif Habib Commodities, told Arab News.

He said higher global crude oil prices and expectations of the International Monetary Fund releasing its next tranche of the $7 billion loan for Pakistan also helped bullish activity at the PSX.

An IMF mission was in Pakistan to hold talks on the third review of a $7 billion Extended Fund Facility multi-year program, and for the second review of the $1.4 billion Resilience and Sustainability Facility this week.

However, the delegation left for Türkiye amid tensions in the Gulf. Pakistani officials have said talks are likely to continue virtually in the coming days. 

Pakistani brokerage Topline Securities said in its daily market review report that strong institutional buying “turned the tide” on Thursday after the market’s recent overreaction to regional issues.

The report added that Hub Power Company (HUBC), Oil & Gas Development Company (OGDC), Fauji Fertilizer Company (FFC), Engro Corporation (ENGROH), and Meezan Bank Limited (MEBL) collectively contributed 2,197 points to the KSE benchmark’s gain.

Topline Securities said 723 million shares were traded on Thursday, with K-Electric Limited (KEL) stealing the spotlight as more than 1.17 billion shares changed hands.

Pakistani investors are closely monitoring developments in the Gulf, particularly around energy routes and further retaliatory actions, as the conflict’s trajectory remains uncertain.