Three of Pakistan’s top richest men now have net worth more than country’s foreign exchange reserves
With the latest drop in Pakistan’s foreign exchange reserves, country’s top three richest men are now richer than the country itself. With a net worth of $8.5 billion, $4.6 billion and $3.7 billion respectively , Shahid Khan, Anwar Parvez and Mian Mansha exceed the country’s foreign exchange reserves of a meagre $3.7 billion, which decreased by $923m during the week due to external debt repayments.
Interior Minister Rana Sanaullah has warned Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan of ‘attack’ from foreign agencies, saying that the former premier’s statements may land him in ‘danger’. Talking to journalists in London, the interior minister said that foreign agencies could take advantage of Imran Khan’s allegations levelled against ‘some people’, adding that they could carry out an attack on the PTI chief.
A record over 675,000 Pakistanis moved abroad for better jobs due to a lack of proper opportunities and worsening economic conditions in the country in 2022. The picture is even grimmer as 95,000 highly educated Pakistanis left the country to look for well-paid jobs elsewhere. The number is a three-fold increase from 2021 when over 3 lac Pakistanis left the country for work.
After almost a decade, Pakistan’s team of qualified racers will participate in the final round of the Dubai Endurance Karting Championship 2022. Up to 42 karting teams, including 15 European national champions, will compete in the event. Formula one world champion Fernando Alonso and former F1 driver Pedro De La Rosa will also participate in the race.
The World Cup in Qatar had thrown up yet another stirring upset and in the first tournament to be held in the Arab world, Morocco’s 1-0 win over Portugal ensured that there will be an Arab-speaking team in its final four. This was a win that would not only be celebrated across Morocco but also across the Arab countries, from Saudi Arabia to Algeria.
Former professional boxer Mike Tyson and renowned American rapper DJ Khaled were sighted performing Umrah in Makkah this week. The latter shared a glimpse of their visit on Instagram with a heartfelt caption. In another Instagram post, Khaled also disclosed that Mike Tyson, who reportedly accepted Islam in 1992 was present at the pilgrimage site too.
Pakistani athletes won more than two dozen medals, including seven gold, at the South Asian Karate Championship 2022 in Colombo, Sri Lanka. Irshad Ali bagged two gold medals in U-21 and senior categories while Pakistan won third gold by defeating an Indian player. Mah Gul clinched gold in -61 category while Humayun won gold medal in -60 category by defeating an Indian athlete.
Former federal minister Sheikh Rashid posted an aerial clip on Twitter claiming to show a gridlock of traffic from his party’s power show held in Rawalpindi on November 26. The video clip had a PTI anthem as its audio which made it appear as if the clip was an aerial shot of the PTI’s march to Rawalpindi.
General Asim Munir on Tuesday took over the command of the Pakistan Army from General Qamar Javed Bajwa in an eminent ceremony held at the General Headquarters (GHQ). The outgoing Chief of Army Staff General Qamar Javed Bajwa handed over the baton of command to the newly appointed 17th Army Chief General Asim Munir.
The Tehreek-e-Taliban Pakistan (TTP) on Monday said that they have called off a ceasefire agreed with the federal government in June. In a statement from the banned terror outfit, it said it has ordered its militants to stage terrorist attacks across the country. The TTP has been responsible for hundreds of attacks and thousands of deaths since emerging in 2007.