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Pakistan Signs Deal with Trump-Linked Stablecoin for Payments

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  The Pakistan Virtual Asset Regulatory Authority (PVARA) said in a statement that a memorandum of understanding (MoU) with SC Financial Technologies, a little-known company it described as an “affiliated entity” of World Liberty, would enable “dialogue and technical understanding around emerging digital payment architectures”. The announcement represents one of the first publicly announced tie-ups between World Liberty, a crypto-based finance platform launched in September 2024, and a sovereign state. It also comes amid a warming of ties between Pakistan and the United States. Under the agreement, SC Financial Technologies will work with Pakistan’s central bank to integrate its USD1 stablecoin into a regulated digital payments structure, allowing the token to operate alongside Pakistan’s own digital currency infrastructure, a source involved in the deal said. World Liberty CEO visits Pakistan The announcement of the memorandum came during a visit to Pakistan by Zach Witkoff, son o...
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Mansoor bin Mohammed inaugurates the 27th edition of Intersec 2026

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  H.H. Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Ports and Borders Security Council, today opened the 27th edition of Intersec, the world's leading exhibition for security, safety and fire protection. The event, being held at the Dubai World Trade Centre, runs until 14 January. This year's edition brings together more than 1,200 exhibitors from over 60 countries and is expected to welcome over 50,000 visitors from around the world. Intersec 2026 features an extensive agenda of conferences and events with the participation of more than 250 experts and speakers, while the exhibition spans approximately 65,000 square metres, underlining the scale of international participation. H.H. Sheikh Mansoor was accompanied during his visit by Lieutenant General Rashid Thani Al Matrooshi, Commander-in-Chief of Dubai Civil Defense; Dr. Abdulla Busenad, Director General of Dubai Customs; Lieutenant General Awad Hader Al Muhairi, Vice President of Dubai's Stat...
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Hyderabad, Sialkot join PSL as flagship league expands to eight teams

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  The Pakistan Super League (PSL) expanded to eight teams on Thursday as Hyderabad and Sialkot were officially confirmed as the league’s seventh and eighth franchises, respectively, following the completion of the expansion auction ahead of the upcoming season. The OZ Developers, owned by Hamza Majeed, secured the ownership of the eighth PSL team with a bid of Rs1.85 billion and named it after Sialkot in the second round of the highly anticipated auction. The base price for the eighth PSL team was set at Rs1.70 billion after the FKS Group acquired the ownership of the first franchise up for sale for Rs1.75 billion. In the first round, all nine qualified bidders competed fiercely, placing massive bids for the new team. The FKS group owned by Fawad Sarwar emerged as the winner by offering Rs1.75 billion, successfully leading the auction and taking the helm of one of the two new franchises. This marks the second major expansion in the league’s history. Previously, Multan Sultans becam...
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Pakistan and the UAE are enhancing strategic cooperation in education and workforce development.

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  Minister of State for Federal Education and Professional Training, Wajiha Qamar, on Monday met with the Ambassador of the United Arab Emirates to Pakistan, Salem Al Zaabi, at the UAE Embassy in Islamabad. During the meeting, detailed discussions were held on further strengthening bilateral cooperation in the fields of education, technical and vocational training, skills development, and human resource exchange. Minister of State Wajiha Qamar stated on the occasion that Pakistan is placing special emphasis on aligning youth employment-related skills with international standards so that they can meet the requirements of the global labor market. She stressed the importance of cooperation in joint certification programs, teacher and student exchange initiatives, and capacity-building projects. The meeting also reviewed prospects for collaboration between Pakistan’s higher education institutions and the Higher Education Commission, including mutual recognition of academic qualificatio...
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Pakistan Military Chief Briefs on Counter-Terrorism Surge

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  Surge in Attacks : Pakistan has experienced a significant increase in terrorist attacks, particularly in the Khyber Pakhtunkhwa and Balochistan provinces. A 34% rise in terrorism was noted last year. New Operation : In response to the growing violence, the government and military leadership decided to launch a new, comprehensive counter-terrorism campaign called  Operation Azm-e-Istehkam  (Resolve for Stability). Prime Minister Shehbaz Sharif clarified this will not be a large-scale military operation but part of a multi-pronged approach. Official Stance : The military leadership has reiterated that the fight against terrorism will continue until the last extremist is eliminated. General Munir has called for turning Pakistan into a "hard state" to tackle these challenges effectively. Afghan Border Tensions : A central issue is the presence of Tehreek-e-Taliban Pakistan (TTP) safe havens across the border in Afghanistan, from where attacks are reportedly directed. This h...
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Snowfall expected across northern Pakistan

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  Pakistan’s picturesque northern valleys and hill stations are set to receive a generous spell of fresh snowfall just in time for New Year celebrations, offering thousands of winter vacationers the perfect backdrop for their holiday getaways. As families take advantage of winter school holidays and office workers utilize their remaining annual leave before year-end expiry, tourists from across the country have flocked to scenic mountainous regions to experience snowfall along with celebrating the arrival of 2026. The Pakistan Meteorological Department (PMD) has forecast widespread rain and snowfall that will blanket popular tourist destinations from December 30 through January 02, 2026, creating ideal conditions for those who have planned their vacations specifically to witness the magic of winter in destinations like Murree, Swat, Hunza, Naran, and Kashmir valleys at this time. The National Weather Forecasting Centre, Pakistan Meteorological Department (PMD) announced that a west...
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Saudi-UAE diplomacy gets all-out support from Pakistan in Yemen Peace Drive

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  Pakistani government made it clear that it is closely monitoring escalating situation in Yemen, expressing full support for Saudi Arabia’s diplomatic drive to restore peace and stability in the war-torn country. Islamabad also hailed United Arab Emirates for its active role in the ongoing peace efforts. In a statement, Foreign Office stressed critical importance of preserving Yemen’s unity and territorial integrity, warning against unilateral actions that could further inflame tensions. Pakistan urged all Yemeni factions to engage sincerely in negotiations aimed at an inclusive political settlement based on agreed-upon frameworks. The country expressed hope that these diplomatic initiatives would soon translate into concrete steps to end the devastating conflict and alleviate the suffering of Yemen’s population, which has borne the brunt of years of violence. UAE welcomed Saudi Arabia’s security-focused efforts in Yemen, signaling a rare show of unity between the two Gulf allies ...
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