CM emphasizes CPEC’s importance for Pak-China ties
BISP-IFAD to explore livelihood opportunities for BISP beneficiaries
27,437 registered tube well connections being switched to solar in Balochistan
RCB to start anti-dengue spraying on emergency basis
Excise deptt continues crackdown against illegal vehicles, recovers over Rs 17 mln
ISSI, HSF Pakistan to host Int’l Conference on Pakistan’s Climate Action Path
KSA symbol of strength, progress: Ayaz Sadiq
ISLAMABAD, Sep 23 (APP): Speaker of the National Assembly, Sardar Ayaz Sadiq, said on Monday that the Kingdom of Saudi Arabia is a symbol of strength and progress around the world
In a statement on the 94th National Day of the Kingdom of Saudi Arabia, he said, ‘On behalf of the National Assembly and the people of Pakistan, I extend our heartfelt congratulations to the Kingdom of Saudi Arabia on this joyous occasion.'”
“Saudi Arabia’s contributions to global peace, economic development, and the preservation of Islamic heritage are recognized and appreciated worldwide” he added.
He expressed special greetings to King Salman bin Abdul-Aziz Al Saud, Crown Prince Mohammed bin Salman, Speaker of Shura Council Dr. Abdullah Al-Sheikh and the nation of Saudi Arabia commending their exemplary leadership and vision.
Ayaz Sadiq emphasized Saudi Arabia’s vital role as the custodian of the Holy Cities of Mecca and Medina, expressing profound gratitude for the Kingdom’s hospitality towards millions of Muslim pilgrims each year. He acknowledged the importance of this sacred responsibility, highlighting the Kingdom’s commitment to ensuring a safe and enriching pilgrimage experience for all.
Reflecting on Saudi Arabia’s achievements over the past 94 years, the Speaker said the Kingdom contributions to socio-economic development within the region and the Muslim world are commendable.
Saudi Arabia has significantly fostered growth in the region and has played a key role in unifying the Muslim Ummah, through its monumental contributions as member of Organisation of Islamic Cooperation (OIC), he added.
The speaker also highlighted the deep-rooted ties between Pakistan and Saudi Arabia, built on mutual respect, shared values, and Islamic brotherhood.
He said that both nations have consistently supported one another in times of need, reinforcing their enduring friendship. The Speaker expressed confidence that the relationship will continue to flourish, paving the way for greater collaboration and mutual benefit in the years to come.
The Speaker prayed to Allah to bless Saudi Arabia with lasting peace, unity, and progress, reaffirming Pakistan’s commitment to strengthening bilateral ties for a prosperous future.
BRICS Moscow Seminar: Mushahid welcomes ‘winds of Change in South Asia’
MOSCOW, Sep 23 (APP): Senator Mushahid Hussain Sayed said ‘Pakistan looks forward to joining BRICS’ & welcomed ‘winds of change blowing all across South Asia which reject hegemony, status quo and seek change’, referring to recent radical changes in the Maldives, Nepal, Bangladesh and Sri Lanka.
He expressed these views during a keynote address at BRICS seminar.
As a consequence, he said the so-called ‘Indo-Pacific Strategy is now drowning in the waters of the Indian Ocean’, a news release said. BRICS (Brazil, India, China and South Africa) is an intergovernmental organisation comprising various nations including the BRICS and Iran, Egypt, Ethiopia, and the United Arab Emirates.
Senator Mushahid criticised the recent US sanctions against Pakistan and China, terming these ‘immoral, unjust, unacceptable and illegal’ as sanctions under International Law can only be imposed by the UN Security Council. He also condemned ‘Western hypocrisy and double standards on Palestine’. Senator Mushahid Hussain said the Global Order was marked by turbulence and transformation, with two contrasting narratives. China and Global South are focused on connectivity and trade and economic cooperation.
Senator Mushahid Hussain urged the BRICS Seminar to define a new narrative based on emerging ground realities to counter propaganda, fake news and disinformation. For the future, Mushahid put forward a 3-D Strategy for BRICS: Democratisation of the world order based on multipolarity, multilateralism, UN Charter and International Law, Demilitarisation of international relations, rejecting any new military alliances like ‘Asian NATO’, QUAD or AUKUS, Dedollarisation of the world economy and greater trade in non-dollar currencies as dollar was being weaponised. Senator Mushahid Hussain was warmly welcomed by the host, Mikhail Shvydkoy, Special Envoy of President Putin, as well China’s Minister for International Communication, Wang Gang. Apart from Russia and China, other countries represented at BRICS Seminar included India, Brazil, South Africa, Egypt, Iran and UAE. Senator Mushahid Hussain was the only representative from a non-BRICS member state.
PSX witnesses bearish trend, loses 223 points
ISLAMABAD, Sep 23 (APP): The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Monday, losing 223.95 points, a negative change of 0.27 percent, closing at 81,850.50 points against 82,074.45 points on the last working day.
A total of 400,309,071 shares were traded during the day as compared to 482,373,803 shares the previous trading day, whereas the price of shares stood at Rs 18.690 billion against Rs.30.188 billion on the last trading day.
As many as 439 companies transacted their shares in the stock market, 143 of them recorded gains and 237 sustained losses, whereas the share price of 59 companies remained unchanged.
The three top trading companies were Pace (Pak) Limited with 30,381,268 shares at Rs5.39 per share, WorldCall Telecom with 29,117,310 shares at Rs 1.28 per share and Oil and Gas Development with 23,080,653 shares at Rs 138.61per share.
Sapphire Fibres Limited witnessed a maximum increase of Rs 129.80 per share price, closing at Rs 1,429.90, whereas the runner-up was Ismail Industries Limited with Rs 124.19 rise in its per share price to Rs 1,750.13.
Unilever Pakistan foods Limited witnessed a maximum decrease of Rs 228.70 per share closing at Rs 17,387.55 followed by Sazgar Engineering Works Limited with Rs 45.88 decline to close at Rs 973.75.
PM thanks President Xi for “gracious gesture” of birthday greetings
ISLAMABAD, Sep 23 (APP): Prime Minister Shehbaz Sharif on Monday thanked Chinese President Xi Jinping for extending the warm wishes on his 73rd birthday.
“I am grateful for this gracious gesture that reflects the iron brotherhood and All Weather Strategic Cooperative Partnership between Pakistan and the People’s Republic of China,” the prime minister wrote on his X timeline in response to a congratulatory letter he received from President Xi.
In his letter, Xi had extended his warm birthday wishes and reaffirmed the promotion of China-Pakistan strategic cooperation and the construction of China-Pakistan Economic Corridor (CPEC).
“Together, we will continue to work assiduously to build a prosperous Pakistan-China community with a Shared Future,” the prime minister remarked.









