Army officer, soldier killed in suicide attack in Pakistan’s northwest

An Army vehicle patrols on a deserted road near the cantonment area in Bannu, Pakistan on December 21, 2022. (REUTERS/File)
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Updated 21 February 2026
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Army officer, soldier killed in suicide attack in Pakistan’s northwest

  • The bomber targeted security forces convoy in Bannu district during an operation
  • Security forces killed five Pakistani Taliban militants in the operation, military says

ISLAMABAD: A lieutenant colonel was among two soldiers killed in a suicide blast during an operation that killed five militants in Pakistan’s northwestern Khyber Pakhtunkhwa (KP) province, the Pakistani military said on Saturday.

The vehicle-borne suicide bomber targeted a security forces convoy in KP’s Bannu district during an intelligence-based operation conducted on reports of militants’ presence, according to the Inter-Services Public Relations (ISPR), the military’s media wing.

During the conduct of operation, security forces located a group of militants and gunned down five Pakistani Taliban members following an intense exchange of fire.

“Khwarij [Pakistani Taliban] are continuing with their terrorist activities inside Pakistan using Afghan soil, violating the sanctity of the holy month of Ramadan,” the ISPR said in a statement.

“The Afghan Taliban regime has yet again failed to stop the Khwarij from use of Afghan soil for terrorist activities inside Pakistan.”

Kabul did not immediately respond to the statement.

Pakistan has struggled to contain a surge in militancy in KP, which borders Afghanistan, in recent years, with militant groups, particularly the Pakistani Taliban, frequently targeting security forces, law enforcers and government officials in the region.

Earlier this week, Pakistani Taliban militants rammed an explosive-laden vehicle into a checkpost jointly manned by security forces and law enforcement agencies in KP’s Bajaur district, killing 11 security personnel among 12 people, the Pakistani military’s media wing said.

Islamabad accuses Afghanistan of allowing the use of its soil and India of backing militant groups for cross-border attacks against Pakistan. Kabul and New Delhi deny this.

“Pakistan will not exercise any restrain and operations would continue against the perpetrators of this heinous and cowardly act for justified retribution against Khwarij irrespective of their location,” the Pakistani military said after Saturday’s attack. 
 


79 foreign firms, including Middle Eastern investors, enter Pakistan in three years — SECP

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79 foreign firms, including Middle Eastern investors, enter Pakistan in three years — SECP

  • Foreign firms invested about $145 million across energy, logistics, IT and agriculture
  • Pakistani regulator says 19 companies exited market over the same three-year period

KARACHI: Middle Eastern energy and logistics companies including Saudi Aramco, Wafi Energy and DP World expanded their footprint in Pakistan, as 79 new foreign firms commenced operations in the country over the past three years, according to an official statement released on Tuesday.

The figures come as Pakistan seeks to rebuild investor confidence and attract foreign capital to shore up its economy after years of financial turbulence that saw foreign currency reserves shrink, the rupee weaken sharply and inflation surge. Islamabad has been pursuing structural reforms and courting overseas partners to stabilize growth and ease external financing pressures.

“79 new foreign companies commenced operations in Pakistan over the past three years, while foreign firms invested Rs 40.7 billion [$145 million] in key sectors during the same period,” the Securities and Exchange of Pakistan (SECP) said in a statement.

“A total of 61 foreign companies also carried out shareholding transactions involving local entities,” it added. “Of the 61 shareholding transactions, 29 involved transfers to other foreign companies, four to foreign individual investors, 20 to local individual investors, and eight to local corporate entities.”

According to the regulator, several transactions were linked to global corporate restructuring among multinational companies. Saudi Arabia’s Wafi Energy acquired Shell Pakistan’s operations, while Dubai-based PTA Global Holdings secured a majority stake in Lotte Chemical Pakistan.

Saudi Aramco purchased a 40 percent equity stake in Gas & Oil Pakistan Limited, and Switzerland’s Gunvor Group alongside Total Parco Limited acquired equal stakes in TotalEnergies Pakistan.

In logistics, UAE-based DP World entered into a joint venture with Pakistan’s National Logistics Corporation, while investments in the technology and telecommunications sectors included acquisitions and stake purchases involving regional and international firms.

The statement said 1,157 foreign companies are currently registered and operational in Pakistan, with 19 exits recorded over the past three years.