Faraz Ali Ansari, Author at Focus Pakistan

Faraz Ali Ansari

Petroleum Prices Stabilization Fund announced by the federal government to help protect Pakistan from fuel price volatility and global oil market shocks.

Govt Creates Petroleum Stabilization Fund to Shield Consumers from Price Shocks

Faraz Ali Ansari2026-07-01

ISLAMABAD: Federal government on Tuesday established a dedicated fund to manage petroleum price volatility, moving to create a financial buffer against the crude market swings that have repeatedly blindsided consumers at the pump. The Ministry of Finance named it the Petroleum Prices Stabilization Fund. All money flowing into it will sit in the federal government’s ... Read more

Victor Gao Indus Waters Treaty seminar as the Chinese analyst urges China and Pakistan to protect the landmark water-sharing agreement.

China, Pakistan Can Jointly Enforce Indus Waters Treaty: Victor Gao

Faraz Ali Ansari2026-06-30

ISLAMABAD: India’s threats to choke off Pakistan’s share of the Indus River amount to a crime against humanity, a senior Chinese foreign policy analyst told an Islamabad seminar Monday, calling for Beijing and Islamabad to jointly force compliance with the six-decade-old Indus Waters Treaty. Dr. Victor Gao, vice president of the Center for China and ... Read more

WhatsApp usernames allow users to chat without sharing their phone numbers as Meta rolls out a major privacy update.

WhatsApp Finally Ditches Phone Numbers With Game-Changing Username Privacy Feature

Faraz Ali Ansari2026-06-30

Users will no longer need to give out their contact information in order to communicate with other users on WhatsApp. Meta announced that WhatsApp has started letting users communicate through reserved usernames instead of sharing their phone numbers. The old system forced an awkward trade-off. Anyone holding your number could message you directly on WhatsApp ... Read more

Kaaba Washing Ceremony inside the Holy Kaaba as Saudi officials cleanse Islam's holiest site with Zamzam water, rose water and musk in Makkah.

Kaaba Washing Begins Today, Preserving Islam’s Most Revered Tradition Forever

Faraz Ali Ansari2026-06-30

MAKKAH: Saudi Arabia will open the Holy Kaaba today for its annual washing ceremony, continuing a centuries-old Islamic tradition that honors the faith’s holiest site. Officials from the General Authority for the Care of the Affairs of the Two Holy Mosques will conduct the ceremony on 15 Muharram, corresponding to June 30, using Zamzam water ... Read more

OGDCL gas well Chak 63-05 produces 10.5 MMSCFD of gas and 600 BPD condensate in Sanghar, Sindh

OGDCL Hits Fresh Gas Jackpot as New Sindh Well Powers Pakistan

Faraz Ali Ansari2026-06-30

ISLAMABAD: Oil & Gas Development Company Limited (OGDCL) has successfully completed a new development well in Sindh’s Sanghar district, adding fresh hydrocarbon output to Pakistan’s domestic energy supply as the country continues to battle import-driven energy costs. OGDCL Tests New Gas Well OGDCL announced Monday that it completed testing on Chak 63-05, a development well ... Read more

Pakistan Foreign Reserves fall after State Bank of Pakistan repays external debt in June 2026

Pakistan Foreign Reserves Plunge $1.3 Billion as SBP Drains Cash to Pay Foreign Creditors

Faraz Ali Ansari2026-06-30

KARACHI: Pakistan’s total liquid foreign reserves reached $21,484.7 million as of June 19, 2026, the State Bank of Pakistan (SBP) reported Monday. Debt repayments pulled down the central bank’s own holdings even as commercial banks added to theirs. the total to $15,916.4 million. Pakistan Foreign Reserves Fall SBP‘s reserves dropped by $1,305 million during the ... Read more

PIA privatization as the Arif Habib-led consortium takes management control of Pakistan International Airlines after the first financial closing.

Arif Habib Takes Control of PIA as Rs90 Billion Investment Marks Historic First Closing

Faraz Ali Ansari2026-06-29

ISLAMABAD: A new era officially begins for Pakistan’s national skies. Today, the Privatization Commission pulled the curtain back on a historic transition, handing the steering wheel of the Pakistan International Airlines Corporation Limited (PIACL) to the Arif Habib Corporation-led consortium. This move effectively ends decades of state-run turbulence and marks the first financial closing of ... Read more

Exide Pakistan Profit declines despite 50% cash dividend as FY2026 financial results reveal falling sales, weaker earnings and mounting financial pressure.

Exide Pakistan Profits Crash Despite 50% Dividend as Sales Collapse Sharply

Faraz Ali Ansari2026-06-29

KARACHI: Exide Pakistan Limited walked into its annual board meeting on Saturday and handed shareholders a mixed verdict: a 50% cash dividend to sweeten the mood, but financial results that tell a story of a company fighting hard against shrinking revenues and a punishing new levy that ate directly into its bottom line. The battery ... Read more

Expired CNIC SIM Block warning issued by PTA advising mobile users to renew their CNICs and update SIM registration details to avoid service suspension.

SIMs Linked to Expired CNICs Likely to Be Blocked: PTA

Faraz Ali Ansari2026-06-29

ISLAMABAD: Pakistan Telecommunications Authority has started a new awareness drive this week regarding the suspension of mobile SIMs that have been registered using expired or canceled CNIC numbers. he authority directed users across all networks to renew their CNICs before expiry and immediately update registration records with their respective mobile operators afterward. Expired CNIC SIM ... Read more

Karachi Port Cargo Record shows a container ship docked at Karachi Port after KPT handled a historic 54.685 million tonnes of cargo in FY2025-26.

Karachi Port Shatters 138-Year Record, Crosses 54 Million Tonnes of Cargo

Faraz Ali Ansari2026-06-28

KARACHI: Karachi Port Trust-KPT has beaten the highest cargo-handling record in its 138 years’ history by exceeding the figure of 54.685 million tonnes of cargo in FY 2025-26, and provided some good news to the maritime sector of Pakistan amidst the pressure on regional shipping lines due to geo-political disturbances. Karachi Port Cargo Record The ... Read more

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Faraz Ali Ansari

Govt Creates Petroleum Stabilization Fund to Shield Consumers from Price Shocks

China, Pakistan Can Jointly Enforce Indus Waters Treaty: Victor Gao

WhatsApp Finally Ditches Phone Numbers With Game-Changing Username Privacy Feature

Kaaba Washing Begins Today, Preserving Islam’s Most Revered Tradition Forever

OGDCL Hits Fresh Gas Jackpot as New Sindh Well Powers Pakistan

Pakistan Foreign Reserves Plunge $1.3 Billion as SBP Drains Cash to Pay Foreign Creditors

Arif Habib Takes Control of PIA as Rs90 Billion Investment Marks Historic First Closing

Exide Pakistan Profits Crash Despite 50% Dividend as Sales Collapse Sharply

SIMs Linked to Expired CNICs Likely to Be Blocked: PTA

Karachi Port Shatters 138-Year Record, Crosses 54 Million Tonnes of Cargo

Federal Minister Launches Landmark Wastewater Environmental Strategy

BingX Accelerates Multi-Asset Expansion with Strong Q2 Growth

BYD Says It Can Overtake Toyota Without Selling a Single Car in America

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Faraz Ali Ansari