Pakistan

RAWALPINDI — The polio virus detected in Rawalpindi’s environmental sample in July has been traced back to a family that migrated from Afghanistan, according to Uzma Kardar, the Chief Minister Punjab’s Focal Person on Polio Eradication. The revelation underscores the ongoing challenge of cross-border transmission of the virus, which continues to pose a significant public health threat in Pakistan. What Happened The detection of the polio virus in Rawalpindi was confirmed through a detailed genetic analysis of environmental samples collected in July. Uzma Kardar disclosed that the strain was genetically linked to a family that had recently migrated from Afghanistan, highlighting the persistent issue of cross-border transmission. “All available resources are being utilized to address this challenge,” Kardar stated during a press briefing. The detection of the virus has prompted health authorities to intensify surveillance and immunization efforts in the region. The government has been working closely with international health organizations to ensure that polio vaccination campaigns are effectively reaching vulnerable populations, particularly those in areas with high mobility and migration. In response to the recent detection, emergency vaccination drives have been launched in Rawalpindi and surrounding areas to prevent any potential outbreak. Health workers have been deployed to administer oral polio vaccines to children under the age of five, aiming to curb the spread of the virus. Background Pakistan and Afghanistan are the only two countries in the world where polio remains endemic. Efforts to eradicate the virus have been ongoing for decades, with significant progress made in recent years. However, the movement of people across the porous border between Pakistan and Afghanistan presents a continuous challenge in the fight against polio. Polio, a highly infectious disease caused by the poliovirus, primarily affects children under the age of five. The virus is transmitted from person to person, mainly through the fecal-oral route. While there is no cure for polio, it can be prevented through vaccination, which is why immunization campaigns are critical in eradicating the disease. In Pakistan, the government has implemented a National Emergency Action Plan for Polio Eradication, which includes regular immunization campaigns and environmental surveillance to detect the presence of the virus. Despite these efforts, the country continues to face challenges due to vaccine hesitancy, logistical issues, and security concerns in certain regions. Why It Matters The detection of the polio virus in Rawalpindi is a stark reminder of the ongoing public health challenges faced by Pakistan. Cross-border transmission of the virus not only threatens the health of Pakistani children but also undermines global efforts to eradicate polio. The situation calls for enhanced cooperation between Pakistan and Afghanistan to address the root causes of transmission and ensure that vaccination efforts are effectively coordinated across borders. Economically, the presence of polio can have a detrimental impact on Pakistan’s healthcare system, diverting resources that could otherwise be used to address other pressing health issues. Moreover, the continued presence of polio can affect Pakistan’s international standing, as the country remains one of the few where the disease is still endemic. Socially, the persistence of polio poses a risk to the most vulnerable populations, particularly children in underprivileged communities who may have limited access to healthcare services. The government’s response to this latest detection will be crucial in determining the success of ongoing eradication efforts. Key Takeaways The polio virus detected in Rawalpindi was linked to a family that migrated from Afghanistan. Cross-border transmission remains a significant challenge in eradicating polio in Pakistan. Emergency vaccination drives have been launched to prevent potential outbreaks. Pakistan and Afghanistan are the only countries where polio remains endemic. Enhanced cross-border cooperation is essential for successful eradication efforts. Source Attribution This article is based on official government statements, press releases, and public communications from relevant authorities. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: September 18, 2026  |  Source: NEN Reporter This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.

ISLAMABAD — Muhammad Ali, Adviser to the Prime Minister on Privatisation, presented a strategic plan for economic growth at the Leaders in Islamabad Business Summit 2026. On Thursday, he stressed the importance of transitioning from economic stabilisation to generational growth, focusing on market building and competitiveness through innovation. What Happened During the summit, Muhammad Ali, who also serves as the Chairman of the Privatisation Commission and Public Private Partnership Authority (P3A), delivered a keynote address outlining a comprehensive roadmap aimed at fostering sustainable economic growth in Pakistan. The event, held in Islamabad, gathered business leaders, policymakers, and international delegates to discuss the future of Pakistan’s economy under the theme “The Future of Business.” Ali highlighted the necessity for a strategic shift in economic policy, moving away from short-term stabilisation efforts towards a long-term vision of growth and development. He emphasized that innovation and competitiveness are key components in building a robust market economy. “We must focus on creating an environment that encourages innovation and competitiveness,” he stated, urging stakeholders to invest in sectors that have the potential to drive economic growth. The adviser also discussed the role of public-private partnerships in achieving these goals, noting that collaboration between the government and private sector is essential for implementing large-scale infrastructure projects and technological advancements. He pointed to successful models from other countries that have effectively utilized such partnerships to spur economic progress. Furthermore, Ali addressed the importance of policy reforms to support the business environment, including regulatory changes that facilitate ease of doing business and attract foreign investment. He called for a concerted effort to improve Pakistan’s global competitiveness rankings, which he believes will enhance the country’s economic prospects. Background Pakistan’s economy has faced numerous challenges in recent years, including fiscal deficits, inflation, and a depreciating currency. The government has implemented various measures to stabilize the economy, such as securing loans from international financial institutions and introducing austerity measures. However, these efforts have often been criticized for not addressing the underlying structural issues that hinder long-term growth. The Leaders in Islamabad Business Summit is an annual event that brings together key stakeholders from various sectors to discuss strategies for economic development. This year’s summit focused on exploring innovative solutions to drive growth and enhance Pakistan’s position in the global market. Why It Matters The strategic roadmap outlined by Muhammad Ali is significant as it marks a shift in focus from short-term economic stabilization to sustainable growth. This approach is crucial for addressing the long-standing structural issues that have impeded Pakistan’s economic progress. By prioritizing innovation and competitiveness, the government aims to create a more dynamic and resilient economy capable of withstanding global economic fluctuations. The emphasis on public-private partnerships is particularly noteworthy, as such collaborations can leverage private sector expertise and resources to implement large-scale projects that the government alone may not be able to undertake. This can lead to improved infrastructure, technological advancements, and job creation, ultimately boosting economic growth. Moreover, the proposed policy reforms are expected to enhance the business environment, making it more conducive for both local and foreign investors. Improving ease of doing business and increasing Pakistan’s global competitiveness rankings can attract much-needed foreign direct investment, which is vital for economic development. Overall, the strategic plan presented by Muhammad Ali has the potential to transform Pakistan’s economic landscape, fostering a more inclusive and prosperous future for its citizens. Key Takeaways Muhammad Ali emphasized a shift from economic stabilization to generational growth at the Islamabad summit. Innovation and competitiveness are key components of the proposed economic growth strategy. Public-private partnerships are highlighted as essential for implementing large-scale projects. Policy reforms are needed to improve the business environment and attract foreign investment. The strategic plan aims to enhance Pakistan’s global competitiveness and economic resilience. Source Attribution This article is based on official government statements, press releases, and public communications from relevant authorities. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: September 18, 2026  |  Source: Press Release from Government of Pakistan This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.

ISLAMABAD — Chairman of the Competition Commission of Pakistan (CCP), Farid Ahmad Tarar, emphasized the importance of open and transparent markets during a virtual meeting of the Shanghai Cooperation Organization (SCO) Anti-Monopoly Authorities on September 17. Representing Pakistan, Tarar highlighted the need for economic cooperation among SCO countries to be underpinned by competitive markets that ensure merit-based business operations and consumer benefits. What Happened During the virtual meeting, Farid Ahmad Tarar addressed representatives from various SCO member states, advocating for the establishment of fair market practices across the region. He stressed that economic collaboration should be driven by market transparency and competition, which would, in turn, foster innovation, provide consumers with more choices, and ensure competitive pricing. Tarar’s remarks were made in the context of ongoing discussions among SCO member states to enhance cooperation in regulating anti-competitive practices. The meeting aimed to share insights and strategies on how to tackle monopolistic behaviors that could hinder economic growth and consumer welfare. Tarar stated, “Economic cooperation among SCO countries should be supported by open, transparent, and fair markets, where businesses compete on merit and consumers benefit from competitive prices, choice, innovation, and quality.” The SCO Anti-Monopoly Authorities meeting serves as a platform for member countries to discuss and align on policies that prevent anti-competitive practices. Tarar’s participation underscores Pakistan’s commitment to fostering a competitive economic environment within the SCO framework. Background The Shanghai Cooperation Organization, founded in 2001, is a political, economic, and security alliance comprising eight member countries, including China, Russia, and India. The organization aims to promote regional cooperation and stability. The Anti-Monopoly Authorities meetings are part of the SCO’s efforts to ensure fair competition among its member states, addressing concerns over monopolistic practices that can stifle economic progress. Pakistan’s involvement in the SCO’s economic initiatives reflects its strategic interest in enhancing regional trade and economic ties. The CCP, established in 2007, plays a crucial role in regulating competition in Pakistan, ensuring that markets operate fairly and efficiently. Why It Matters The emphasis on fair market practices within the SCO is significant for several reasons. Economically, it can lead to increased trade and investment among member countries, as businesses operate in a predictable and fair environment. For Pakistan, aligning with SCO’s anti-monopoly objectives can attract foreign investment, boost local industries, and enhance consumer welfare through better product quality and pricing. Socially, fair competition ensures that consumers have access to a variety of products and services, fostering innovation and improving living standards. Politically, Pakistan’s active participation in the SCO’s economic discussions strengthens its regional standing and influence, potentially opening doors for further collaboration in other areas such as security and cultural exchange. Internationally, the SCO’s focus on anti-monopoly practices aligns with global trends towards ensuring market fairness and consumer protection. By participating in these discussions, Pakistan positions itself as a proactive player in the global economic landscape, committed to upholding international standards of competition and trade. Key Takeaways CCP Chairman Farid Ahmad Tarar represented Pakistan at the SCO Anti-Monopoly Authorities meeting, advocating for fair and transparent markets. Tarar emphasized the need for economic cooperation among SCO countries to be based on competitive market practices. The meeting focused on sharing strategies to prevent monopolistic practices that could impede economic growth. Pakistan’s involvement in the SCO’s economic initiatives reflects its commitment to regional trade and investment. Aligning with SCO’s anti-monopoly objectives can enhance Pakistan’s economic and political standing in the region. Source Attribution This article is based on official government statements, press releases, and public communications from relevant authorities. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: September 18, 2026  |  Source: NEN Reporter This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.

ISLAMABAD — The Pakistan Sports Board (PSB) has responded to recent concerns about the athletics track at Jinnah Stadium, Islamabad, following a report by a private television channel. The PSB clarified the status and certification of the facility, aiming to dispel any misinformation regarding its condition and usability. What Happened The PSB issued a statement addressing the claims made in a television report concerning the athletics track at Jinnah Stadium. The report suggested potential issues with the track’s condition, prompting the PSB to provide an official clarification. According to the PSB, the athletics facility has been formally certified by relevant authorities, ensuring it meets the required standards for training and competition. The PSB emphasized that the track is in good condition and fully operational for athletes. They highlighted the importance of maintaining high standards at national sports facilities and reassured stakeholders that Jinnah Stadium continues to serve as a premier venue for athletics in Pakistan. The board also mentioned ongoing efforts to monitor and maintain the quality of the track to support athletes’ training and performance. In their statement, the PSB underscored their commitment to transparency and accountability, inviting stakeholders to visit the facility and observe its condition firsthand. This move aims to foster trust and confidence among athletes, coaches, and the general public regarding the infrastructure provided for sports development in the country. Background Jinnah Stadium, located in Islamabad, is one of Pakistan’s key sports venues, hosting various national and international events. The stadium’s athletics track is a crucial component of the country’s sports infrastructure, providing a training ground for athletes preparing for competitions at different levels. The Pakistan Sports Board, responsible for overseeing sports facilities and promoting sports activities nationwide, regularly evaluates and certifies venues like Jinnah Stadium. Certification processes involve rigorous checks to ensure that facilities comply with international standards and provide safe environments for athletes. In recent years, the PSB has been working to enhance sports infrastructure across Pakistan, recognizing the role of quality facilities in nurturing talent and promoting sports at grassroots and elite levels. Why It Matters The clarification from the PSB is significant for several reasons. Firstly, it addresses public concerns about the condition of a major sports facility, which could impact athletes’ training and performance. Ensuring that Jinnah Stadium’s track is up to standard is crucial for athletes who rely on the venue for preparation ahead of national and international competitions. Secondly, the PSB’s response highlights the importance of transparency and accountability in managing public sports facilities. By inviting stakeholders to visit the stadium, the board demonstrates a commitment to openness and quality assurance, which is vital for maintaining public trust in sports governance. Moreover, the situation underscores the broader challenges faced by Pakistan in maintaining and upgrading sports infrastructure. As the country seeks to enhance its presence in international sports, ensuring that facilities like Jinnah Stadium are well-maintained and certified is essential for developing competitive athletes. The PSB’s proactive stance also reflects the growing recognition of sports as a tool for national development, with well-maintained facilities contributing to the health, well-being, and social cohesion of communities across Pakistan. Key Takeaways The PSB clarified concerns about the athletics track at Jinnah Stadium, confirming its certification and usability. Jinnah Stadium remains a key venue for athletics, with ongoing efforts to maintain its standards. The PSB’s transparency aims to build trust among athletes, coaches, and the public. Maintaining quality sports infrastructure is crucial for Pakistan’s sports development and international competitiveness. The situation highlights the importance of accountability in sports governance and facility management. Source Attribution This article is based on official government statements, press releases, and public communications from relevant authorities. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: September 17, 2026  |  Source: NEN Reporter This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.

LARKANA — On September 17, children in Larkana were seen riding on the back of a buffalo near the local vegetable market, offering a picturesque glimpse into the rural lifestyle of Pakistan. This scene captured the essence of traditional life in the region, where such activities are a common sight. What Happened In the bustling town of Larkana, a group of children found joy in an unconventional playground — the back of a buffalo. The vegetable market, usually a hub of commercial activity, became a backdrop for this charming display of rural life. As the buffalo ambled along, the children, perched atop, laughed and enjoyed the ride, embodying a sense of freedom and simplicity that is often associated with rural living. This scene is not an uncommon one in rural Pakistan, where buffaloes are not only a crucial part of agricultural life but also serve as a means of transport and a source of entertainment for children. The buffalo, a symbol of strength and endurance, is integral to the agrarian economy, providing milk, meat, and labor for farming activities. Witnesses at the market noted the children’s delight, as they waved to passersby, their laughter mingling with the sounds of the market. The buffalo, seemingly accustomed to its role, moved steadily, unfazed by the attention it garnered. Background Larkana, located in the Sindh province of Pakistan, is a region steeped in agricultural traditions. The use of buffaloes in daily life is deeply embedded in the local culture. Historically, these animals have been indispensable to farmers, aiding in plowing fields and transporting goods. The region’s economy heavily relies on agriculture, with rice, wheat, and sugarcane being the primary crops. Buffaloes play a vital role in sustaining this agricultural framework. Over the years, despite modernization and the introduction of machinery, the reliance on buffaloes remains significant, especially in smaller villages and towns. In rural communities, children often grow up around livestock, learning to care for them and understanding their importance to the family’s livelihood. This connection fosters a sense of responsibility and appreciation for their environment and heritage. Why It Matters The sight of children riding buffaloes in Larkana is more than just a quaint image; it is a reflection of the enduring rural traditions that continue to thrive in Pakistan. In an era where urbanization and technological advancements are rapidly changing lifestyles, such scenes highlight the resilience of cultural practices that have been passed down through generations. Economically, the use of buffaloes in agriculture remains crucial. They provide an affordable and sustainable means of farming for many families who cannot afford modern machinery. This not only helps in maintaining agricultural productivity but also supports the livelihoods of countless families across rural Pakistan. Socially, these traditions foster a sense of community and continuity. Children participating in such activities are not only engaging in play but are also learning valuable lessons about their heritage and the importance of agriculture in their lives. This connection to their roots is vital in preserving cultural identity amidst the pressures of modernization. Internationally, scenes like these can enhance Pakistan’s image as a country with rich cultural diversity and deep-rooted traditions. They offer a counter-narrative to the often negative portrayals in global media, showcasing the warmth, simplicity, and resilience of rural life. Key Takeaways Children in Larkana were seen riding a buffalo near the vegetable market, highlighting rural life. Buffaloes are integral to the agricultural economy in Pakistan, providing labor and produce. Such scenes reflect the enduring cultural traditions amidst growing urbanization. Rural activities foster community spirit and preserve cultural heritage for future generations. Internationally, these images portray Pakistan’s cultural richness and diversity positively. Source Attribution This article is based on official government statements, press releases, and public communications from relevant authorities. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: September 17, 2026  |  Source: NEN Reporter This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.

RAWALPINDI — Commissioner Rawalpindi Salman Ghani announced on Thursday that all necessary arrangements for the Medical and Dental College Admission Test (MDCAT) have been finalized. The announcement comes as students prepare to take the examination at designated centers across the city. What Happened Commissioner Salman Ghani confirmed that comprehensive preparations have been completed to ensure a smooth conduct of the MDCAT examination scheduled in Rawalpindi. During a visit to several examination centers, Ghani detailed the measures put in place to accommodate the large number of candidates expected to participate in the test. “We have ensured that all facilities are in place for the students, including a shuttle service from 6th Road to the examination centers,” he stated. The arrangements include setting up examination centers with adequate seating and environmental controls to maintain comfort and focus for the candidates. Security measures have also been heightened to prevent any disruptions during the examination process. The shuttle service is designed to ease transportation challenges for students, ensuring they reach the centers on time without hassle. Ghani’s visit to the examination centers was aimed at personally overseeing the final touches to the arrangements and ensuring compliance with the standard operating procedures (SOPs) mandated for such events. He interacted with the staff and examined the facilities to verify their readiness for the upcoming examination day. Background The MDCAT is a critical examination for students aspiring to enter medical and dental colleges in Pakistan. It is a standardized test that assesses the knowledge and skills of candidates in subjects such as biology, chemistry, physics, and English. The test is a prerequisite for admission into medical and dental programs across the country. In recent years, the examination has seen increasing scrutiny and calls for reform, with stakeholders emphasizing the need for transparency and fairness in the testing process. The Pakistan Medical and Dental Council (PMDC) oversees the administration of the MDCAT, ensuring that the examination meets the required standards and is conducted in a fair manner. Why It Matters The successful administration of the MDCAT examination is crucial for the future of thousands of students who aspire to join the medical and dental professions. The arrangements put in place by the Rawalpindi administration aim to provide a conducive environment for candidates, minimizing stress and logistical challenges on the day of the exam. Ensuring a smooth examination process also reflects on the capabilities of local administrative bodies in handling large-scale educational events. This is particularly important in the context of Pakistan’s broader educational landscape, where the demand for medical education continues to rise amidst limited resources and infrastructure. The provision of a shuttle service is a significant step towards improving accessibility for students, many of whom travel from distant areas to take the test. By facilitating easy and reliable transportation, the administration is addressing a common barrier faced by candidates, thereby promoting equal opportunities for all. Moreover, the heightened security measures are indicative of the administration’s commitment to maintaining the integrity of the examination process. This is essential in upholding public confidence in the MDCAT as a fair and unbiased assessment tool. Key Takeaways Commissioner Rawalpindi Salman Ghani confirmed all arrangements for the MDCAT examination are complete. A shuttle service will operate from 6th Road to examination centers to assist students. Security and logistical measures have been enhanced to ensure a smooth examination process. The MDCAT is a critical step for students aspiring to enter medical and dental colleges in Pakistan. Effective administration of the exam reflects positively on local authorities’ capabilities. Source Attribution The article is based on official government statements, press releases, and public communications from relevant authorities. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: September 17, 2026  |  Source: NEN Reporter This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.

ISLAMABAD — Federal Minister for Petroleum Ali Pervaiz Malik convened a meeting with petroleum pump and dealers associations on Thursday to discuss the implementation of the Prime Minister’s Fuel Relief Scheme. The meeting aimed to ensure the smooth execution of the relief initiative, which seeks to alleviate the financial burden on consumers amid rising fuel prices. What Happened The meeting, held in Islamabad, brought together key stakeholders from the petroleum sector, including representatives from various petroleum pump and dealers associations. Minister Ali Pervaiz Malik provided a comprehensive briefing on the operational aspects of the Prime Minister’s Fuel Relief Scheme. He emphasized the importance of collaboration between the government and industry players to ensure the scheme’s success. During the meeting, the minister outlined the detailed mechanism for the scheme’s implementation. This included the process for distributing relief to consumers and the role of petroleum dealers in facilitating this initiative. The associations expressed their full support for the scheme, acknowledging the need for such measures in light of the current economic challenges faced by the country. Minister Malik highlighted that the scheme is designed to provide immediate relief to consumers by reducing the cost burden of fuel. He stated, “The government’s priority is to ensure that the benefits of this relief scheme reach the common man effectively and efficiently.” The meeting concluded with a mutual agreement on the need for continued dialogue and cooperation to address any challenges that may arise during the implementation phase. Background The Prime Minister’s Fuel Relief Scheme is part of the government’s broader strategy to mitigate the impact of global oil price fluctuations on the domestic economy. Pakistan, being heavily reliant on imported oil, has faced significant economic pressures due to rising international oil prices. The scheme aims to provide temporary relief to consumers while the government explores long-term solutions to stabilize fuel prices. Historically, fluctuations in global oil prices have had a direct impact on Pakistan’s economy, affecting inflation rates and the cost of living. Previous governments have implemented similar relief measures to cushion the impact on consumers, but the current scheme is notable for its comprehensive approach and involvement of industry stakeholders. Why It Matters The implementation of the Prime Minister’s Fuel Relief Scheme holds significant economic and social implications for Pakistan. Economically, the scheme is expected to provide short-term relief to consumers, thereby reducing inflationary pressures and stabilizing the cost of living. This is particularly crucial as Pakistan grapples with economic challenges exacerbated by global market volatility. Socially, the scheme aims to support low and middle-income households who are disproportionately affected by rising fuel prices. By reducing the cost burden on these households, the government seeks to alleviate financial stress and improve the overall quality of life for citizens. Politically, the scheme represents a proactive approach by the government to address public concerns over rising living costs. By engaging with industry stakeholders, the government demonstrates its commitment to collaborative governance and its responsiveness to the needs of the populace. Internationally, the scheme positions Pakistan as a responsive and adaptive economy, capable of implementing targeted relief measures in response to global economic trends. This could enhance investor confidence and promote economic stability in the long run. Key Takeaways Federal Minister for Petroleum Ali Pervaiz Malik met with petroleum pump and dealers associations to discuss the Prime Minister’s Fuel Relief Scheme. The scheme aims to provide immediate financial relief to consumers amid rising fuel prices. Industry stakeholders expressed full support for the scheme’s implementation. The initiative is part of the government’s broader strategy to address economic challenges related to global oil price fluctuations. The scheme has significant economic, social, and political implications for Pakistan. Source Attribution This article is based on official government statements, press releases, and public communications from relevant authorities. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: September 17, 2026  |  Source: NEN Reporter This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.

ISLAMABAD — Faisal Nisar Chaudhry, a Grade-20 officer from the Secretariat Group, has assumed the additional responsibilities of Chief Executive Officer (CEO) of the Engineering Development Board (EDB) as of September 17. This appointment follows the directives of Prime Minister Shehbaz Sharif, after the current CEO, Hamad Ali Mansoor, was placed on forced leave. What Happened Faisal Nisar Chaudhry has been appointed to lead the Engineering Development Board (EDB) amid administrative changes directed by the Prime Minister’s office. The decision to place Hamad Ali Mansoor, the former CEO, on forced leave has not been publicly detailed, but it comes as part of a broader effort to enhance the operational efficiency of the EDB. Nisar, who brings extensive experience from his tenure in the Secretariat Group, is expected to steer the board through its current challenges and align its objectives with national industrial policies. In his new role, Nisar will oversee the EDB’s strategic initiatives aimed at bolstering Pakistan’s engineering sector. His leadership is anticipated to focus on fostering innovation, improving regulatory frameworks, and enhancing the competitiveness of local engineering industries. “I am committed to driving forward the EDB’s mission to support the engineering sector’s growth and development,” Nisar stated in a brief statement following his appointment. Background The Engineering Development Board, established in 1995, plays a pivotal role in promoting and regulating Pakistan’s engineering industry. The board is tasked with formulating policies to encourage investment, enhance technological capabilities, and improve the overall competitiveness of the sector. Over the years, the EDB has been instrumental in developing the automotive, electrical, and heavy engineering sectors, which are crucial to Pakistan’s industrial landscape. Faisal Nisar’s appointment comes at a time when the EDB is under scrutiny for its performance and effectiveness in achieving its strategic goals. The board has faced challenges in adapting to rapid technological changes and meeting the demands of a globalized market. The leadership change is seen as a move to reinvigorate the board’s efforts in addressing these issues. Why It Matters The appointment of Faisal Nisar as CEO of the EDB is significant for several reasons. Economically, the engineering sector is a cornerstone of Pakistan’s industrial base, contributing substantially to GDP and employment. Strengthening this sector is vital for economic growth, technological advancement, and job creation. Nisar’s leadership is expected to bring renewed focus on policy reforms that can attract foreign investment and facilitate technology transfer, thereby enhancing the sector’s global competitiveness. Socially, a robust engineering sector can lead to increased job opportunities and skill development for the Pakistani workforce. By prioritizing innovation and modernization, the EDB under Nisar’s leadership can play a crucial role in equipping the workforce with the skills needed for future industries. Politically, the decision reflects the government’s commitment to revamping key institutions to align with national development goals. It underscores the importance of effective governance and accountability in public sector organizations, which is essential for fostering public trust and ensuring the successful implementation of government policies. Key Takeaways Faisal Nisar Chaudhry has been appointed as the new CEO of the Engineering Development Board. The appointment follows the forced leave of the previous CEO, Hamad Ali Mansoor. Nisar’s leadership is expected to focus on enhancing the competitiveness of Pakistan’s engineering sector. The EDB plays a critical role in formulating policies to support industrial growth and development. This leadership change is part of broader efforts to improve governance and operational efficiency in public sector institutions. Source Attribution This article is based on official government statements and public communications from relevant authorities. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: September 17, 2026  |  Source: NEN Reporter This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.

ISLAMABAD — The Pakistan Stock Exchange (PSX) experienced a significant upswing on Thursday, with the benchmark KSE-100 Index climbing by 1,021.40 points. This represents a 0.61 percent increase, bringing the index to a close at 169,043.20 points, up from the previous session’s 168,021.80 points. What Happened The bullish trend observed at the PSX on Thursday was marked by a notable increase in the KSE-100 Index, which gained 1,021.40 points. This surge brought the index to 169,043.20 points by the end of the trading session. The trading volume was robust, with 386.368 million shares exchanging hands, indicating a heightened level of investor activity and confidence in the market. Market analysts attributed this positive movement to several factors, including improved investor sentiment and favorable economic indicators. The increase in trading volume suggests that investors are optimistic about the market’s future prospects. “The market’s performance today reflects a growing confidence among investors, driven by recent economic developments,” said a market analyst. In addition to the overall index gain, several sectors showed strong performance, contributing to the upward trend. The banking, cement, and technology sectors were among the top performers, with significant gains in share prices. This sectoral performance further underscores the broad-based nature of the rally. Background The PSX has been experiencing fluctuations in recent months, influenced by a variety of domestic and international factors. Historically, the KSE-100 Index serves as a barometer for the country’s economic health and investor confidence. The index’s performance is closely watched by both local and international investors as it provides insights into the economic and political stability of Pakistan. In the past, the PSX has been affected by political uncertainty, economic policy shifts, and global market trends. Recently, however, there have been signs of economic stabilization, with the government implementing measures to boost investor confidence and economic growth. These measures include policy reforms, fiscal adjustments, and efforts to improve the ease of doing business in the country. Why It Matters The surge in the PSX is significant for several reasons. Economically, a rising stock market often signals investor confidence and can lead to increased capital inflows. This, in turn, can stimulate economic growth by providing businesses with the capital needed to expand operations and invest in new projects. Socially, a bullish stock market can have positive implications for the general public. As the stock market rises, the wealth of investors increases, which can lead to higher consumer spending and improved economic conditions for the broader population. This can also create a positive feedback loop, where increased consumer spending drives further economic growth. Politically, the performance of the PSX can impact government policy and public perception. A strong stock market can bolster the government’s standing, as it is often seen as a reflection of effective economic management. Conversely, a declining market can lead to criticism and calls for policy changes. Internationally, the PSX’s performance can influence foreign investment decisions. A stable and growing stock market can attract foreign investors seeking opportunities in emerging markets. This can lead to increased foreign direct investment, which is crucial for Pakistan’s economic development. Key Takeaways The KSE-100 Index of the Pakistan Stock Exchange gained 1,021.40 points, closing at 169,043.20 points. The trading volume was 386.368 million shares, indicating strong investor activity. Key sectors such as banking, cement, and technology contributed to the market’s positive performance. The surge reflects improved investor sentiment and favorable economic indicators. The PSX’s performance has significant economic, social, and political implications for Pakistan. Source Attribution This article is based on official government statements, press releases, and public communications from relevant authorities. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: September 17, 2026  |  Source: NEN Reporter This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.

ISLAMABAD — Gold prices in Pakistan have experienced a significant drop, decreasing by Rs3,800 per tola on Thursday. The All Pakistan Sarafa Gems and Jewellers Association reported that the price of 24-karat gold now stands at Rs453,436, compared to Rs457,236 on the previous trading day. What Happened The recent decline in gold prices marks a notable shift in the precious metals market within Pakistan. On September 17, the All Pakistan Sarafa Gems and Jewellers Association announced that the price of 24-karat gold per tola had fallen by Rs3,800. This reduction brings the price to Rs453,436 per tola, a significant decrease from the Rs457,236 recorded earlier. Additionally, the price of 24-karat gold per 10 grams also saw a reduction, dropping by Rs3,257. This change in gold prices is attributed to various factors, including fluctuations in the international gold market and changes in the local currency exchange rates. The global gold market often influences domestic prices, and any shifts in international demand or supply can have direct consequences on local pricing. The recent strengthening of the Pakistani rupee against the US dollar may also have contributed to this decrease, as gold prices are often inversely related to currency strength. Market analysts suggest that the current trend could continue if the international market remains volatile and the local currency maintains its current trajectory. The gold market is known for its sensitivity to geopolitical and economic developments, and any further changes in these areas could lead to additional fluctuations in pricing. Background Historically, gold has been a preferred investment and savings option for many in Pakistan, serving as a hedge against inflation and currency devaluation. The country’s gold market is influenced by both international trends and domestic factors, such as import duties and local demand. Over the years, fluctuations in gold prices have been common, often reflecting broader economic conditions. In recent months, the global gold market has experienced volatility due to various factors, including geopolitical tensions, changes in interest rates by major economies, and the ongoing economic recovery post-pandemic. These international dynamics have a direct impact on Pakistan’s gold prices, as the country relies heavily on imports to meet its gold demand. Why It Matters The decline in gold prices has significant implications for various stakeholders in Pakistan. For consumers, particularly those planning weddings or other significant events, the decrease in gold prices could present an opportunity to purchase gold at a lower cost. Traditionally, gold is a popular choice for wedding jewelry, and any reduction in prices can lead to increased demand in the domestic market. For investors, the drop in gold prices may lead to a reassessment of their portfolios. Gold is often considered a safe-haven asset, and its price movements are closely watched by investors looking to hedge against economic uncertainty. A decrease in prices might prompt some investors to buy more gold, anticipating future price increases, while others might diversify their investments into other assets. On a broader economic scale, the fluctuation in gold prices can affect the country’s trade balance. As gold imports are a significant component of Pakistan’s import bill, any decrease in prices could potentially reduce the overall cost of imports, positively impacting the trade deficit. Key Takeaways Gold prices in Pakistan have decreased by Rs3,800 per tola, according to the All Pakistan Sarafa Gems and Jewellers Association. The current price of 24-karat gold per tola is Rs453,436, down from Rs457,236 previously. Factors influencing this decline include international market trends and local currency exchange rates. The decrease in gold prices may benefit consumers and investors, affecting purchasing decisions and investment strategies. Fluctuations in gold prices can impact Pakistan’s trade balance due to changes in import costs. Source Attribution This article is based on official statements and public communications from the All Pakistan Sarafa Gems and Jewellers Association. Author: NEN Editorial Desk | Editor: NEN Newsroom | Fact Checked By: NEN Editorial Team Author: NEN Editorial Desk  |  Editor: NEN Newsroom  |  Last Updated: September 17, 2026  |  Source: NEN Reporter This article was produced by the NEN Editorial Desk in accordance with NEN Agency’s Editorial Policy and Fact-Checking Policy.