At least 16 dead after Karachi building collapses in suspected gas blast 

Rescue workers recover a body from the rubble after a residential building collapses in Karachi, Pakistan, on Febraury 19, 2026. (Rescue1122)
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Updated 19 February 2026
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At least 16 dead after Karachi building collapses in suspected gas blast 

  • Four children and seven women among the dead, 13 people injured 
  • Incident follows recent Gul Plaza fire, highlighting urban safety concerns

KARACHI: At least 16 people were killed and 13 injured on Thursday when a residential building collapsed after a suspected gas explosion in Pakistan’s southern port city of Karachi, rescue authorities said.

Deadly accidents linked to gas leaks and unsafe infrastructure are frequent in Karachi’s crowded low-income neighborhoods, where households commonly rely on gas cylinders and informal connections with limited safety enforcement. The collapse comes weeks after a major fire at the city’s Gul Plaza shopping mall killed over 70 people and underscored concerns about building safety and regulatory oversight.

The latest incident occurred in the densely populated Soldier Bazaar area, according to a Rescue 1122 Sindh spokesperson. The dead included four children, seven women and five men, while the injured comprised five children, three women and five men.

“During a timely and professional operation, Rescue 1122 pulled 13 injured people from under the rubble and recovered 16 bodies,” Rescue 1122 Sindh spokesperson Hassan Khan said in a statement.

“Those injured in the incident were pulled from the debris and provided immediate medical assistance.”

He said urban search-and-rescue teams, firefighters and disaster response vehicles were dispatched to the site, with victims transported to nearby hospitals.

“All injured were provided first aid by Rescue 1122 ambulances at the scene before being shifted to nearby hospitals, while the rescue operation by Rescue 1122 (Sindh) was still under way,” the spokesperson added.

Sindh Information Minister Sharjeel Inam Memon directed authorities to ensure proper medical treatment for the injured.

“He also urged citizens to exercise caution in the use of gas and to immediately inform the relevant authorities in case of any suspected leakage,” the provincial government said in a statement.

Karachi, Pakistan’s largest city, has repeatedly witnessed building collapses and fires linked to weak enforcement of construction rules, aging infrastructure and unsafe energy practices.


Pakistan expands crypto engagement with appearance at Mar-a-Lago finance forum

Updated 19 February 2026
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Pakistan expands crypto engagement with appearance at Mar-a-Lago finance forum

  • Pakistan Virtual Assets Regulatory Authority Chairman Bilal bin Saqib attends World Liberty Financial event at Trump’s Mar-a-Lago estate
  • Discussions focused on future of global financial infrastructure, digital assets, stablecoins, capital markets innovation, says Saqib’s office 

ISLAMABAD: Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman and Minister of State Bilal bin Saqib joined global finance leaders at an event hosted by World Liberty Financial, a crypto venture linked to US President Donald Trump’s family, Saqib’s office said on Thursday. 

The event was hosted by World Liberty Financial, a crypto-based finance platform launched in September 2024 linked to Trump’s family. According to Saqib’s office, the gathering was held at Mar-a-Lago, the private estate and club owned by Trump in Florida. 

Speakers and attendees at the event included David Solomon, chairman and CEO of Goldman Sachs, Adena Friedman, chairperson and CEO of Nasdaq as well as Lynn Martin, president of the New York Stock Exchange, Saqib’s office said. The event was organized and hosted by Eric Trump and American businesspersons Zach Witkoff and Alex Witkoff. 

“Discussions focused on the future of global financial infrastructure, digital assets, stablecoins, capital markets innovation and the evolving relationship between regulation and emerging financial technologies,” the statement said. 

It said Saqib’s attendance at the event reflected Pakistan’s growing engagement with global discussions shaping the next phase of financial and technological transformation.

“As Pakistan moves toward modernizing its financial infrastructure and strengthening its position in the global digital economy, such high-level engagements signal increasing international recognition of the country’s regulatory direction and leadership,” the statement added. 

Last month, Pakistan signed a memorandum of understanding with a company affiliated with World Liberty Financial to explore the use of a dollar-linked stablecoin for cross-border payments.

Pakistan has stepped up efforts recently to regulate its digital asset sector and is exploring digital currency initiatives as part of broader measures to reduce cash usage.