FBR Announces Temporary IRIS System Shutdown from August 8 to August 10

The Federal Board of Revenue (FBR) has announced a temporary shutdown of its IRIS platform and allied online services due to scheduled system maintenance. The planned downtime will take place from August 8 to August 10, during which taxpayers will be unable to access the online tax portal or complete digital transactions.

The maintenance exercise is being carried out by Pakistan Revenue Automation Limited (PRAL), the information technology arm of the FBR, as part of efforts to improve the reliability and performance of Pakistan’s digital tax infrastructure.

According to the official schedule, the maintenance work will begin at 12:30 AM on August 8 and continue until 5:00 PM on August 10. Throughout this period, the IRIS platform and related online services will remain unavailable for taxpayers, businesses, tax consultants, and other users.

The FBR has advised taxpayers to plan their activities in advance and complete any urgent filings, submissions, or online tax-related transactions before the maintenance window begins. Doing so can help avoid inconvenience caused by the temporary suspension of services.

The IRIS platform is Pakistan’s primary online tax management system, enabling individuals and businesses to file income tax returns, submit sales tax statements, manage tax profiles, apply for registrations, and access various digital tax services. Because of its central role in tax administration, any planned outage can temporarily affect a large number of users across the country.

PRAL stated that the maintenance is intended to support system upgrades and ensure improved performance, stability, and security of the online platform. Routine maintenance is a common practice for large digital government systems to enhance operational efficiency and reduce the risk of technical issues.

During the scheduled downtime, users will not be able to log into the IRIS portal, submit tax returns, make amendments, upload documents, or complete other online transactions linked to the platform. Access to allied digital services connected with the system will also remain suspended until maintenance work is completed.

The FBR expects all services to resume immediately after the maintenance concludes on August 10 at 5:00 PM, allowing taxpayers to continue their online activities without further interruption.

The announcement comes as Pakistan continues expanding digital public services to improve tax compliance and simplify interactions between taxpayers and government institutions. Regular upgrades to digital infrastructure are considered essential for maintaining secure and efficient online platforms.

Tax professionals are encouraging individuals and businesses with upcoming deadlines to avoid waiting until the last minute and complete necessary filings before the scheduled outage begins. Early preparation can help prevent delays and ensure compliance with tax obligations.

As the FBR continues modernizing its digital systems, taxpayers are encouraged to stay informed through official announcements regarding service updates, maintenance schedules, and future improvements to the country’s online tax infrastructure.

Pakistan Risks Losing $200 Million US Investment After Rock Salt Mining Lease Dispute

Pakistan could lose a proposed $200 million US investment in its mineral sector after a dispute over a major rock salt mining lease created uncertainty around one of the country’s key value-added export projects. The development has raised concerns about investor confidence as Pakistan seeks to attract foreign capital and expand its mining and minerals industry.

The uncertainty stems from the Punjab government’s decision to cancel a rock salt mining lease previously held by the Pakistan Mineral Development Corporation (PMDC). The same 291-acre Warcha mining area was subsequently auctioned to a private company, creating questions over the future of an investment agreement that had been linked to the site.

According to a senior official from the Petroleum Division, PMDC had signed a memorandum of understanding (MoU) with a US company for a proposed $200 million investment focused on downstream processing and export-oriented rock salt operations. The project was expected to move beyond raw mineral extraction by promoting value-added production for international markets.

The proposed investment was viewed as an important opportunity to strengthen Pakistan’s mineral exports, generate employment, and increase foreign exchange earnings. By processing rock salt domestically instead of exporting it in raw form, the initiative aimed to enhance the country’s value-added exports while improving the competitiveness of Pakistan’s mining sector.

However, the cancellation of the mining lease has introduced uncertainty surrounding the project’s future. Investors typically seek regulatory stability and long-term access to natural resources before committing significant capital, and changes in lease arrangements can affect investment decisions.

Pakistan has been actively working to unlock the economic potential of its vast mineral resources, including rock salt, copper, gold, and rare earth minerals. The government has repeatedly highlighted the mining sector as a priority for attracting foreign direct investment (FDI) and supporting long-term economic growth.

The Warcha salt mines are among Pakistan’s important rock salt reserves and have long been considered suitable for expanding value-added processing industries. Investment in modern mining technology and downstream manufacturing could significantly increase export revenues while creating new opportunities for industrial development.

Industry experts note that predictable policies and transparent regulatory frameworks are essential for attracting international investors, particularly in capital-intensive sectors such as mining and natural resources. Stable agreements help build confidence among foreign companies considering long-term investments in Pakistan.

The reported $200 million proposal also aligns with Pakistan’s broader efforts to diversify exports and reduce reliance on the shipment of raw materials. Developing domestic processing facilities allows countries to capture greater economic value, create skilled employment, and strengthen industrial capacity.

While the future of the investment remains uncertain, stakeholders are expected to closely monitor developments surrounding the mining lease and any potential resolution between the relevant authorities. A clear and transparent outcome could help restore investor confidence and keep Pakistan’s ambitions for value-added mineral exports on track.

As Pakistan continues pursuing foreign investment across strategic sectors, the handling of major resource projects will play a critical role in shaping the country’s reputation as a reliable destination for international business and long-term industrial partnerships.

Pakistan Removed From Global War-Risk Shipping List in Major Boost for Trade and Maritime Confidence

Pakistan has officially been removed from the global war-risk shipping list, marking a significant milestone for the country’s maritime sector and international trade. The decision by the Lloyd’s Market Association’s Joint War Committee (JWC) means Pakistan is no longer classified as a high-risk maritime zone for international shipping vessels, a development expected to strengthen investor confidence and reduce shipping-related costs.

The move is being seen as a major achievement for Pakistan’s diplomatic and economic efforts. It reflects growing international trust in the country’s security environment and could help improve the competitiveness of its ports, logistics sector, and import-export industry.

Deputy Prime Minister and Foreign Minister Ishaq Dar welcomed the announcement, describing it as an important step forward for Pakistan’s global standing.

In a statement shared on X, Dar said Pakistan welcomed the decision of the Lloyd’s Market Association’s Joint War Committee to remove the country from its Listed Areas for war-risk insurance. He noted that the achievement was the result of coordinated efforts by the Government of Pakistan, with significant support from the Pakistan High Commission in London.

Dar also expressed appreciation for Lloyd’s constructive engagement throughout the review process, emphasizing that the decision reflects increasing international confidence in Pakistan’s stability and maritime security.

The Joint War Committee, operating under the Lloyd’s Market Association, periodically reviews regions around the world that are considered high-risk due to conflict, political instability, or security concerns. Shipping companies operating in these areas are often required to pay additional war-risk insurance premiums, increasing the overall cost of transporting goods.

With Pakistan’s removal from the Listed Areas, international shipping companies are expected to benefit from lower insurance costs. This could encourage more shipping traffic through Pakistani ports, including Karachi and Port Qasim, while enhancing the country’s appeal as a regional trade hub.

The development is particularly significant for Pakistan’s economy, which relies heavily on maritime trade for imports and exports. Lower shipping costs can reduce expenses for businesses, improve supply chain efficiency, and potentially lower costs for consumers over time.

Industry experts believe the decision may also encourage foreign investment in Pakistan’s logistics, port infrastructure, and shipping sectors. As confidence grows among international insurers and shipping operators, Pakistan could see increased commercial activity and stronger integration into regional and global trade networks.

The removal from the global war-risk shipping list also supports Pakistan’s broader efforts to improve its economic outlook. The government has been working to strengthen international partnerships, attract investment, and present the country as a safer and more reliable destination for business.

For exporters, importers, and shipping companies, the announcement offers renewed optimism. Reduced insurance premiums and improved perceptions of maritime security can contribute to greater trade efficiency and long-term economic growth.

As Pakistan continues to pursue reforms and strengthen its international relationships, this latest recognition from the Joint War Committee represents a positive signal for global markets and reinforces confidence in the country’s evolving economic and security landscape.

NEPRA Grants DESCO Pakistan’s First Combined Electricity Distribution and Solar Supply Licenses for DHA City Karachi

The National Electric Power Regulatory Authority (NEPRA) has awarded DHA Energy Supply Company (DESCO) electricity distribution and solar power supply licenses for DHA City Karachi, marking a significant milestone in Pakistan’s evolving energy sector. With the approvals, DESCO has become the first company in the country to hold both electricity distribution and solar supply licenses.

The licenses were officially presented during a ceremony at NEPRA headquarters in Islamabad. NEPRA Member Maqsood Anwar handed over the approvals to representatives of DHA Energy Supply Company, highlighting a new chapter in Pakistan’s efforts to diversify its energy sources and modernize electricity distribution.

The newly granted licenses authorize DESCO to establish, develop, and operate its own electricity distribution network within DHA City Karachi. In addition, the company has been permitted to supply electricity generated through solar energy and other power sources approved by the regulator.

The dual licensing framework is expected to provide greater flexibility in meeting the energy needs of residents and businesses in DHA City Karachi. By integrating renewable energy with an independent distribution system, the project aims to improve electricity reliability while supporting cleaner and more sustainable power generation.

Pakistan has witnessed growing interest in solar energy as consumers and businesses seek alternatives to rising electricity costs and conventional power sources. Regulatory support for renewable energy projects is considered an important step toward expanding the country’s clean energy capacity and reducing dependence on fossil fuels.

Industry experts believe the DESCO model could serve as a reference for future integrated energy projects across Pakistan. Allowing licensed entities to generate, distribute, and supply electricity within designated areas may encourage greater private-sector investment in modern power infrastructure and renewable technologies.

The development also aligns with Pakistan’s broader energy transition strategy, which emphasizes increased adoption of renewable resources, improved grid efficiency, and enhanced energy security. Solar power continues to play an increasingly important role in the country’s long-term plans to diversify electricity generation.

For residents of DHA City Karachi, the project has the potential to deliver a more efficient and resilient electricity supply system. A dedicated distribution network combined with locally generated renewable energy could help improve service quality while supporting environmentally responsible urban development.

NEPRA’s decision reflects the regulator’s commitment to facilitating innovation in Pakistan’s power sector while ensuring licensed operators comply with established technical, operational, and regulatory standards. Continued oversight will remain essential as DESCO develops its electricity infrastructure and renewable energy operations.

The issuance of these licenses represents an important milestone for Pakistan’s energy industry, demonstrating how regulatory reforms and renewable energy initiatives can work together to support sustainable growth. As more clean energy projects emerge nationwide, integrated electricity distribution models may become an increasingly important part of the country’s future power landscape.

PM Shehbaz Orders Immediate Shift to New AI Lab as Pakistan Accelerates Digital Transformation

Prime Minister Shehbaz Sharif has directed all federal institutions to immediately begin transitioning to Pakistan’s newly established national central data center, Sky 47, marking another major step in the country’s digital transformation agenda.

The directive was issued during a high-level review meeting in Islamabad focused on the implementation of Pakistan’s national digital policy framework. The initiative reflects the government’s commitment to modernizing public services, improving data management, and strengthening digital governance across federal institutions.

According to officials, Sky 47 will function as a centralized repository for government data, allowing ministries and departments to securely store, manage, and access information through a unified digital infrastructure. The move is expected to improve efficiency, reduce duplication of data, and enhance coordination between government agencies.

The prime minister emphasized that adopting a centralized digital system is essential for building a more transparent, responsive, and technology-driven public sector. He instructed relevant authorities to ensure the rapid rollout of the platform so that federal institutions can begin utilizing the new infrastructure without unnecessary delays.

The establishment of a national data center also aligns with Pakistan’s broader vision of embracing emerging technologies, including artificial intelligence, cloud computing, and digital public services. By consolidating government data under one secure platform, policymakers aim to improve decision-making while strengthening cybersecurity and operational resilience.

During the meeting, Prime Minister Shehbaz also directed officials to convene the National Digital Commission at the earliest opportunity. The commission will play a key role in coordinating digital reforms with provincial governments, regulatory bodies, and other stakeholders to ensure a unified approach to implementing Pakistan’s digital strategy.

The commission is expected to oversee the execution of priorities outlined under the Digital Nation Pakistan Act 2025, which provides the legal framework for the country’s long-term digital development. The legislation seeks to accelerate digital governance, encourage innovation, expand technology adoption, and improve public access to government services.

Experts believe that a centralized government data infrastructure can significantly enhance service delivery by reducing administrative bottlenecks and enabling faster information sharing among departments. It also creates opportunities to integrate artificial intelligence into public administration, allowing data-driven policymaking and more efficient resource management.

Pakistan has increasingly focused on digital transformation in recent years, with investments in IT infrastructure, digital identity systems, e-governance initiatives, and technology-driven public services. The launch of Sky 47 represents another milestone in these efforts and demonstrates the government’s intention to build a modern digital ecosystem capable of supporting future economic growth.

As the federal government moves forward with implementing its digital roadmap, the successful deployment of Sky 47 and the activation of the National Digital Commission will be closely watched. Their progress could shape how effectively Pakistan modernizes public administration and prepares its institutions for an increasingly digital future.

Power Sector Reforms Reduce Pakistan’s Circular Debt by Rs. 779 Billion

Pakistan’s Power Ministry has highlighted significant progress in reducing the country’s circular debt, stating that ongoing energy sector reforms have helped bring down the debt burden by Rs. 779 billion. The reduction marks a major development in efforts to improve financial stability in the power sector.

According to the ministry, circular debt declined by nearly 33 percent, falling from Rs. 2.393 trillion during FY2023-24 to Rs. 1.614 trillion in FY2024-25. Officials said the improvement reflects the impact of policy measures aimed at addressing long-standing challenges in the energy sector.

The power sector’s circular debt has remained one of Pakistan’s biggest economic concerns, affecting electricity generation, distribution companies, and government finances. The latest reduction is being viewed as a positive step toward creating a more sustainable energy system.

The ministry also reported a notable decrease in distribution losses as part of the broader reform strategy. Reducing line losses and improving the efficiency of power distribution companies are considered essential for lowering financial pressure on the sector.

Energy experts have often pointed out that high transmission and distribution losses, unpaid electricity bills, and inefficiencies within power companies contribute significantly to the growth of circular debt. Addressing these issues has been a key focus of recent government initiatives.

The Power Ministry said that reforms are continuing to improve operational performance and strengthen the overall structure of Pakistan’s electricity sector. The government aims to further reduce financial gaps by improving recovery rates, controlling losses, and enhancing accountability within power institutions.

The reduction in circular debt comes at a time when Pakistan is working to stabilize its economy and attract investment in key sectors. A more financially stable energy sector could support industrial growth, reduce pressure on public finances, and improve electricity supply reliability.

However, analysts believe that maintaining this progress will require consistent implementation of reforms. Long-term solutions depend on improving governance, modernizing infrastructure, and ensuring that efficiency gains continue across the power supply chain.

The government’s latest figures indicate movement toward resolving some of the structural issues affecting Pakistan’s energy sector. While the reduction in circular debt is a positive indicator, continued reforms will remain important to achieve lasting improvements in the country’s power system.

How to Complete Vehicle Biometric Verification Using the NADRA Pak ID App

The National Database and Registration Authority (NADRA) has expanded its digital services by introducing vehicle biometric verification through the Pak ID mobile application, making the vehicle transfer process more convenient for buyers and sellers across Pakistan.

The new feature allows eligible users to complete biometric verification directly from their smartphones, reducing the need for in-person visits for this step of the ownership transfer process. The service is currently available for vehicles registered in Punjab, Sindh, Balochistan, and Islamabad, although transfer procedures and available digital services may vary depending on the province or territory.

The introduction of biometric verification through the Pak ID app is part of Pakistan’s broader digital transformation initiative aimed at simplifying public services and improving accessibility for citizens. By enabling remote identity verification, the process becomes faster, more secure, and more convenient for vehicle owners.

To use the service, both the buyer and seller must have the Pak ID mobile application installed on their smartphones and possess valid NADRA-issued Computerized National Identity Cards (CNICs). The biometric verification feature uses facial recognition and identity authentication technology to verify users before proceeding with the transfer process.

The general process begins by downloading or updating the Pak ID app to the latest version and signing in using your registered account. Users can then navigate to the vehicle biometric verification section, where they will be prompted to provide the required identity information.

The application guides users through the facial verification process using the smartphone’s camera. Once the biometric verification is successfully completed, the digital confirmation can be used as part of the vehicle ownership transfer process with the relevant Excise and Taxation authority.

Although biometric verification can now be completed remotely, users should note that additional documentation and transfer requirements may still apply depending on where the vehicle is registered. Provincial Excise and Taxation departments may have different procedures for submitting transfer applications, paying applicable taxes and fees, or completing ownership registration.

The facility is currently confirmed for vehicles registered in Punjab, Sindh, Balochistan, and Islamabad, providing significant convenience for vehicle buyers and sellers in these regions. However, users are advised to verify the latest transfer requirements with their respective provincial Excise and Taxation department before initiating the process.

The digital service is expected to reduce paperwork, minimize travel, and shorten processing times while improving transparency and security during vehicle ownership transfers. It also supports the government’s efforts to expand e-governance services and encourage citizens to use secure digital platforms for official transactions.

As Pakistan continues to modernize public services, the integration of biometric verification into the Pak ID application marks another important step toward a more efficient and citizen-friendly digital ecosystem. Vehicle owners planning to buy or sell registered vehicles can now complete one of the key verification requirements from the comfort of their homes using their smartphones.

Before beginning the transfer process, users should ensure that their CNIC details are up to date, their Pak ID application is updated to the latest version, and they understand any additional provincial requirements that may apply to their vehicle registration.

Pakistani Travelers Embrace QR Payments as Cash and Cards Take a Back Seat Abroad

International travel has long come with a familiar challenge for many Pakistanis: carrying large amounts of cash or relying on bank cards that often charge high foreign transaction fees and unfavorable exchange rates. Whether traveling for business, Umrah, education, or leisure, managing payments overseas has remained an inconvenient part of the journey.

That experience is beginning to change as QR code-based payment systems gain traction across international markets. A growing number of Pakistani travelers are now discovering that digital wallets can offer a faster, safer, and more affordable alternative to traditional payment methods.

One of the biggest developments driving this shift is the expansion of QR-first payment networks across Asia. Instead of depending on physical cards or exchanging currency before departure, travelers can simply scan a merchant’s QR code using a compatible digital wallet and complete the transaction within seconds.

This payment model has already become a standard in several Asian economies. Countries such as China, Malaysia, Thailand, Singapore, and the UAE have widely adopted QR-based payments, allowing both residents and visitors to make purchases without carrying cash.

For Pakistani travelers, the benefits are significant. International card acceptance has often been inconsistent, while foreign transaction fees and currency conversion charges can quickly increase travel expenses. QR-based payments eliminate many of these concerns by enabling direct wallet payments without requiring local currency or a foreign bank account.

Among Pakistan’s digital financial service providers, NayaPay has emerged as one of the first electronic money institutions (EMIs) to integrate with the Alipay+ payment network. This allows eligible users to pay overseas merchants by scanning QR codes directly through the NayaPay app using funds already available in their digital wallet.

The integration opens access to millions of merchants across multiple destinations that are popular with Pakistani travelers. Instead of searching for exchange counters or worrying about carrying multiple cards, users can complete payments using the same mobile application they already use at home.

This convenience reflects changing consumer behavior in Pakistan. Over the past several years, digital wallets, instant transfers, biometric verification, and QR merchant payments have become increasingly common in the country’s financial ecosystem. As more consumers grow comfortable with app-based transactions, extending that experience internationally feels like a natural next step.

The broader significance goes beyond travel convenience. Pakistan’s fintech sector has invested heavily in building modern digital payment infrastructure. Cross-border QR payment compatibility demonstrates that local financial technology is beginning to connect with international payment ecosystems rather than relying solely on traditional card networks.

Industry observers believe this could encourage additional banks and fintech companies to introduce similar services in the future. If more providers join global QR payment networks, Pakistani travelers may eventually view mobile wallets as their primary payment option abroad instead of international debit or credit cards.

The trend also aligns with the global movement toward contactless and mobile-first payments. Across many countries, QR payments have become the preferred method for retail purchases, restaurants, transportation, and tourism-related services due to their speed, security, and ease of use.

For travelers planning visits to destinations where QR payment infrastructure is already well established, digital wallets now present a practical alternative that reduces dependence on cash while helping simplify international spending.

As Pakistan continues its digital finance transformation, innovations like cross-border QR payments represent an important milestone. They not only improve convenience for millions of travelers but also position Pakistan’s growing fintech industry to play a larger role in the evolving global digital payments landscape.

Business Community Criticizes SBP for Keeping Interest Rate at 11.5%

Pakistan’s business community has expressed strong disappointment after the State Bank of Pakistan (SBP) decided to keep the policy interest rate unchanged at 11.5 percent, arguing that the move could slow investment, weaken industrial activity, and increase financial pressure on businesses.

The criticism came after the SBP’s Monetary Policy Committee announced its latest policy decision. In a statement issued following the meeting, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Acting President Saquib Fayyaz Magoon described the decision as “contractionary” and said that businesses had been expecting a reduction in borrowing costs.

Business leaders argue that lower interest rates are essential for reviving economic activity, particularly at a time when many industries are facing high operating costs, subdued demand, and limited access to affordable financing. They believe that maintaining the policy rate at 11.5 percent keeps borrowing expensive for manufacturers, exporters, traders, and small businesses.

According to the FPCCI, expensive credit discourages companies from expanding operations, purchasing new machinery, hiring workers, or investing in technology. Industrialists say that a rate cut could have provided much-needed relief and helped accelerate economic recovery.

The business community has also linked interest rates to competitiveness. Export-oriented industries often rely on bank financing to meet working capital needs and fulfill international orders. Higher borrowing costs can reduce profit margins and make Pakistani products less competitive in global markets.

The SBP, however, typically bases its monetary policy decisions on factors such as inflation trends, exchange rate stability, economic growth, and external sector conditions. Central banks often maintain higher interest rates when they believe inflation risks remain elevated or when financial stability needs to be protected.

Economists note that there is often a tension between the objectives of controlling inflation and stimulating growth. While businesses prefer lower rates to support investment and production, central banks may choose caution if they believe premature easing could reignite inflationary pressures.

The FPCCI’s criticism reflects broader concerns among industrial and commercial stakeholders about the pace of economic recovery. Many business owners had hoped that easing inflation would create room for a policy rate reduction, lowering financing costs and encouraging fresh investment across key sectors.

Analysts say future monetary policy decisions will depend on incoming economic data, including inflation figures, fiscal developments, foreign exchange reserves, and overall growth indicators. If inflation continues to moderate and economic conditions stabilize further, the central bank may have greater flexibility to consider a rate cut in upcoming meetings.

For now, the SBP’s decision means that commercial lending rates are likely to remain relatively high, affecting businesses seeking new financing. The reaction from the FPCCI highlights the ongoing debate over whether monetary policy should prioritize inflation control or provide stronger support for economic growth and industrial expansion.

Lahore-Faisalabad Train Service Suspended After Flood Damages Railway Bridge

Train operations between Lahore and Faisalabad have been temporarily suspended after a powerful flood surge caused significant damage to a railway bridge on the Sheikhupura-Lahore section. The disruption has affected one of Punjab’s key rail routes, prompting railway authorities to begin assessing the damage and planning restoration work.

According to railway officials, the floodwaters that swept through the area overnight severely impacted the bridge near Missan Kalar. The surge reportedly caused 30 of the bridge’s 110 supporting pillars to collapse, making the structure unsafe for train operations and forcing the suspension of services on the affected route.

The Lahore-Faisalabad rail corridor is an important transportation link used by thousands of passengers and for the movement of goods between two of Pakistan’s largest cities. The temporary closure is expected to cause travel delays and logistical challenges until repair work is completed and the route is declared safe.

Railway engineers and technical teams have been dispatched to inspect the damaged bridge and evaluate the extent of the structural impact. Their assessment will determine the repairs required before train services can safely resume.

Flooding remains one of the biggest challenges for Pakistan’s transportation infrastructure, particularly during the monsoon season. Heavy rainfall and flash floods often damage roads, bridges, and railway tracks, leading to disruptions in travel and commerce across affected regions.

Officials have urged passengers to stay updated through Pakistan Railways’ official communication channels for the latest information regarding train schedules, cancellations, and alternative travel arrangements. Travelers planning journeys between Lahore and Faisalabad are advised to confirm the operational status of their trains before departing.

Infrastructure experts note that railway bridges exposed to strong water currents require comprehensive structural inspections before operations can resume. Even after visible repairs are completed, safety evaluations are essential to ensure the bridge can safely support rail traffic.

The latest incident highlights the importance of strengthening climate-resilient infrastructure to withstand increasingly frequent extreme weather events. Investments in modern engineering, preventive maintenance, and flood mitigation measures can help reduce disruptions and improve the reliability of Pakistan’s transport network.

Authorities have not yet announced a timeline for restoring train services, as repair work will depend on the outcome of technical inspections and the stabilization of weather conditions. Passenger safety remains the top priority as railway officials continue monitoring the situation.

As restoration efforts move forward, commuters and businesses that rely on the Lahore-Faisalabad railway link will be awaiting updates on when normal operations can resume. The incident underscores the growing need for resilient infrastructure capable of withstanding severe weather and protecting critical transportation routes.

Pakistani Passport Ranking Falls to 101st in 2026 as Global Mobility Gap Widens

Pakistan’s passport has slipped further in global rankings, highlighting the country’s ongoing challenges in international travel access. According to the latest Henley Passport Index released in July 2026, the Pakistani passport now ranks 101st in the world, compared to 79th place in 2006.

The latest report, which marks the 20th anniversary of the Henley Passport Index, reflects how global mobility has expanded significantly for many countries over the past two decades. However, Pakistan has moved in the opposite direction, losing 22 positions since the index was first published.

The report reveals that the average passport worldwide now offers visa-free or visa-on-arrival access to 108 destinations. In 2006, that average stood at just 58 destinations, demonstrating how international travel freedom has improved globally for most nations.

Pakistan, however, has struggled to keep pace with this trend. Its continued decline in the rankings reflects limited visa-free travel opportunities compared to many other countries. The country’s passport now remains among the lowest-ranked travel documents in the world, making international travel more challenging for Pakistani citizens.

The Henley Passport Index is regarded as one of the world’s leading passport rankings. It measures passports based on the number of destinations holders can visit without obtaining a visa in advance. The rankings rely on exclusive data from the International Air Transport Association (IATA) along with independent research.

Experts believe passport strength is influenced by several factors, including diplomatic relations, international agreements, political stability, economic performance, and national security perceptions. Countries that maintain strong global partnerships and stable international ties often enjoy broader visa-free access for their citizens.

Over the past two decades, several Asian, European, and Middle Eastern nations have strengthened their passports through strategic diplomacy and expanded bilateral agreements. Meanwhile, Pakistan’s ranking has remained under pressure as global mobility standards continued to evolve.

For millions of Pakistanis seeking opportunities abroad for education, employment, tourism, or business, passport strength plays a vital role. A weaker passport often means longer visa processing times, stricter documentation requirements, higher travel costs, and reduced flexibility when planning international trips.

The July 2026 rankings also underline the growing inequality in global mobility. While many travelers now enjoy easier cross-border movement than ever before, citizens of lower-ranked countries continue to face significant barriers despite increasing globalization.

The latest figures are likely to renew discussions on the importance of improving Pakistan’s international standing through stronger diplomatic engagement, enhanced bilateral cooperation, and policies that promote greater global trust and connectivity.

Although passport rankings fluctuate over time, they serve as an important indicator of a country’s international relationships and the travel opportunities available to its citizens. As global mobility continues to expand, Pakistan faces the challenge of improving its position in future editions of the Henley Passport Index.

Saud Shakeel Likely to Rejoin Pakistan Test Squad for West Indies Series

Pakistan middle-order batter Saud Shakeel is expected to make a return to the national Test squad for the upcoming two-match away series against the West Indies, according to reports. His likely inclusion comes after being left out of the initial touring plans following a difficult outing against Bangladesh.

Shakeel endured a challenging two-match Test series against Bangladesh, where he scored only 29 runs in four innings, finishing with an average of 7.25. The disappointing performances led to his omission from the squad as selectors looked to reassess the team’s middle-order options.

Despite the recent setback, Shakeel remains one of Pakistan’s most accomplished Test batters in recent years. His consistent performances in previous series and ability to play long innings have made him an important part of Pakistan’s red-ball setup. Selectors appear to believe that his overall record and experience outweigh a brief dip in form.

The upcoming tour of the West Indies presents an opportunity for Pakistan to strengthen its batting lineup with experienced players capable of handling challenging overseas conditions. The Caribbean has traditionally offered a mix of pace and spin-friendly surfaces, making a technically sound middle-order batter like Shakeel a valuable option.

Pakistan’s team management is expected to finalize the squad after evaluating player fitness, recent domestic performances, and tactical requirements for the two-match Test series. If selected, Shakeel will have the chance to regain his place in the playing XI and rebuild confidence with strong performances against the West Indies.

The return of an experienced batter could also provide greater stability to Pakistan’s middle order, which has faced inconsistency in recent Test matches. A balanced batting unit will be crucial as Pakistan aims to secure a positive result away from home and improve its standing in international Test cricket.

Cricket analysts believe temporary drops in form are common in the longest format of the game, and experienced players often respond with significant performances when given another opportunity. Shakeel’s previous contributions have demonstrated his ability to anchor innings under pressure, making him a strong candidate for a recall.

The West Indies series will be an important assignment for both teams, with Pakistan looking to build momentum in red-ball cricket and establish a settled combination ahead of future international fixtures. Competition for places within the squad remains strong, but Shakeel’s experience could prove to be a decisive factor in the selectors’ final decision.

While the Pakistan Cricket Board has yet to officially announce the complete squad, reports indicate that Saud Shakeel is well-positioned to return for the two-match Test series. His potential comeback will be closely watched by fans hoping to see the left-handed batter rediscover the form that previously made him one of Pakistan’s most dependable Test performers.

Pakistan’s Tallest Building, Burj Quaid, Breaks Ground in Karachi’s DHA

Karachi is set to redefine Pakistan’s skyline as construction officially begins on Burj Quaid, a landmark development that is expected to become the country’s tallest building upon completion. The foundation stone for the ambitious twin-tower project has been laid in DHA Karachi, marking the start of one of Pakistan’s most significant real estate developments.

According to project details, Burj Quaid will feature two 82-storey towers spread across six acres within the DHA Golf Club in Karachi. Once completed, the skyscrapers are expected to surpass existing high-rise buildings in the country and establish a new architectural benchmark for Pakistan.

The groundbreaking ceremony was attended by senior officials, including the Administrator of DHA Karachi and the Administrator of DHA City, along with prominent builders, developers, and members of the real estate industry. Their participation underscored the project’s importance to Karachi’s urban development and investment landscape.

Burj Quaid is being positioned as a mixed-use development that aims to combine modern architecture with premium commercial and residential facilities. Although detailed specifications are yet to be fully disclosed, developments of this scale typically include luxury apartments, office spaces, retail outlets, recreational facilities, and advanced building technologies.

The project reflects the continued growth of Karachi’s real estate sector, where demand for high-rise developments has increased due to rapid urbanization and limited land availability in prime locations. Vertical construction has become an increasingly practical solution for accommodating residential and commercial expansion in Pakistan’s largest city.

Situated within DHA Golf Club, the development is expected to benefit from its strategic location, modern infrastructure, and connectivity to major commercial districts. The project is also likely to enhance the area’s appeal for investors seeking premium residential and business opportunities.

Industry experts believe that mega projects like Burj Quaid can generate significant economic activity by creating employment during both the construction and operational phases. Large-scale developments also stimulate demand across multiple industries, including construction materials, engineering, architecture, interior design, and property management.

Beyond its economic impact, the twin towers are expected to become a new architectural icon for Karachi. Modern skyscrapers often symbolize urban growth, technological advancement, and investor confidence, contributing to a city’s international profile and attracting both local and foreign investment.

The launch of Burj Quaid comes as Pakistan’s real estate sector continues to evolve with an increasing focus on integrated communities, sustainable construction practices, and smart building technologies. If completed as planned, the project will not only reshape Karachi’s skyline but also set a new standard for high-rise development in the country.

As construction progresses, Burj Quaid is expected to remain one of Pakistan’s most closely watched infrastructure and real estate projects, reflecting the country’s ambitions for modern urban development and world-class architecture.

NADRA Pak ID App Adds Digital Vehicle Registration Cards for Balochistan Users

Pakistan’s digital public services continue to expand as the National Database and Registration Authority (NADRA) introduces another useful update to its Pak ID mobile application. With the release of version 5.6.8, the authority has added new digital vehicle-related features that aim to make document access faster and more convenient for residents of Balochistan.

The latest enhancement has been developed in collaboration with the Government of Balochistan, reflecting ongoing efforts to modernize public services through digital technology. The update enables eligible users to access their vehicle registration information directly from their smartphones without relying on physical documents for everyday verification.

Under the new feature, owners of vehicles registered in Balochistan can now view and store their digital vehicle registration cards within the Pak ID app. This provides a secure and convenient way to keep important vehicle records readily available whenever needed.

The addition further strengthens the Pak ID application, which has gradually evolved into a comprehensive digital platform for accessing essential identity and government-related services. The app already allows citizens to apply for identity documents, renew CNICs, update personal information, and manage several NADRA services without visiting registration centers.

By integrating vehicle registration records into the application, NADRA is helping reduce paperwork while promoting digital governance across Pakistan. The move is expected to improve accessibility for vehicle owners and support faster verification processes during routine checks or administrative procedures.

The collaboration between NADRA and the Government of Balochistan also highlights the growing adoption of digital solutions at the provincial level. As more government departments embrace technology, citizens can expect a smoother experience when accessing official services through a single platform.

The rollout of digital vehicle registration cards aligns with Pakistan’s broader vision of expanding e-governance and improving service delivery. Mobile-based government services reduce travel, save time, and minimize the need for physical documentation, making official processes more efficient for the public.

Residents of Balochistan using version 5.6.8 of the Pak ID app can now benefit from this newly introduced functionality by accessing their eligible vehicle registration details directly within the application. Users are encouraged to update the app to the latest version to take advantage of the new services.

As Pakistan continues investing in digital transformation, updates like these demonstrate how government agencies are leveraging technology to simplify everyday interactions with public institutions. The inclusion of digital vehicle registration cards is another step toward creating a more connected, efficient, and citizen-friendly digital ecosystem.

Pakistan to Honor Top Freelancers After They Generate $1.1 Billion in IT Exports During FY2025-26

Pakistan is set to recognize the achievements of its freelance workforce on a national level for the first time, as the Pakistan Software Export Board (PSEB) has announced a dedicated Top Freelancer Award as part of the PSEB IT Export Awards 2026.

The initiative acknowledges the growing role of freelancers in strengthening Pakistan’s digital economy and highlights their significant contribution to the country’s record-breaking IT export performance during the fiscal year.

According to the PSEB, Pakistani freelancers generated more than $1.1 billion in export earnings during FY2025-26, contributing substantially to the country’s total $4.6 billion in IT and IT-enabled services (ITeS) exports. The figures underscore the increasing importance of the freelance sector as one of Pakistan’s fastest-growing sources of foreign exchange.

The newly introduced award is designed to celebrate outstanding freelancers who have demonstrated exceptional performance, innovation, and professionalism while representing Pakistan in the global digital marketplace. It also reflects the government’s broader efforts to encourage talent development and recognize individuals who are helping expand the country’s technology exports.

Pakistan has emerged as one of the world’s leading freelance markets, with thousands of professionals offering services in software development, graphic design, digital marketing, content writing, video production, artificial intelligence, cybersecurity, and other technology-related fields. Freelancers continue to secure projects from clients across North America, Europe, the Middle East, and Asia, bringing valuable foreign exchange into the country.

The IT sector has become a key pillar of Pakistan’s economic growth strategy. Rising global demand for digital services, combined with a young and skilled workforce, has enabled Pakistani freelancers and technology companies to compete successfully in international markets.

Industry experts believe that recognizing freelancers through national awards will further motivate professionals to improve their skills, maintain high-quality standards, and explore new international business opportunities. Such recognition can also enhance Pakistan’s reputation as a reliable destination for digital services and remote talent.

The PSEB has been actively working to support the country’s technology ecosystem through initiatives focused on export promotion, capacity building, startup development, and international market access. Introducing a dedicated freelancer category aligns with these efforts and acknowledges the growing impact of independent professionals on the national economy.

The record $4.6 billion in IT and IT-enabled services exports during FY2025-26 reflects the sector’s continued momentum despite challenging global economic conditions. With freelancers contributing more than $1.1 billion, they have become an essential driver of export growth and digital innovation.

Government officials and industry stakeholders view the recognition as an important milestone for Pakistan’s freelance community. By honoring top performers, the PSEB aims to inspire more young professionals to pursue careers in the digital economy while reinforcing the country’s ambition to become a leading global hub for information technology services and innovation.

The introduction of the Top Freelancer Award signals a new chapter for Pakistan’s technology industry, recognizing the individuals whose expertise and entrepreneurial spirit continue to boost export earnings and strengthen the nation’s position in the global digital economy.

JS Bank Complaint Leads to FIR Against Four Southland Flour Mill Partners Over Alleged Rs. 100 Million Loan Default

A criminal case has been registered against four partners of M/s Southland Flour Mill after JS Bank Limited accused them of defaulting on banking facilities exceeding Rs. 100 million and allegedly disposing of wheat stock pledged as collateral for the loan.

The First Information Report (FIR) was lodged by police in Kotri under Section 406 of the Pakistan Penal Code, which pertains to criminal breach of trust. The complaint was submitted by the bank’s Mukaddam, and authorities initiated legal proceedings after completing the required inquiry and obtaining the necessary approvals.

According to the complaint, the bank discovered shortages in the wheat stock that had been pledged as collateral against the financing facility. During routine inspections, officials allegedly found that a significant portion of the grain secured under the bank’s charge was missing.

The bank maintains that it repeatedly attempted to resolve the matter through formal notices, site inspections, meetings with the firm’s partners, and written undertakings. However, despite these efforts, the alleged missing collateral was not restored, and the outstanding financial obligations remained unsettled.

Following the registration of the FIR, police launched an operation to locate the individuals named in the case. An Out-District Permission issued by the Senior Superintendent of Police (SSP), Jamshoro, authorized law enforcement teams to conduct raids beyond the district’s jurisdiction.

Police teams are now working alongside authorities in Hyderabad and Dadu to trace the accused. According to investigators, searches have already been carried out at residences, business locations, and commercial properties associated with the suspects, while coordination with local police continues as the operation expands.

The four partners named in the FIR are:

Daya Ram
Bhojo Mal
Shafi Muhammad
Shah Jehan

According to partnership records referenced in the investigation, each individual holds a 25 percent ownership stake in M/s Southland Flour Mill.

Investigators are currently reviewing financial records, warehouse documentation, inspection reports, and banking transactions to determine the full extent of the alleged irregularities. Officials indicated that additional legal provisions could be invoked if further evidence emerges during the course of the investigation.

The case highlights the legal consequences businesses may face when disputes arise over collateral-backed financing. Banks typically require pledged assets to remain intact throughout the duration of a financing agreement, and any unauthorized disposal of collateral can result in both civil recovery proceedings and criminal investigations where applicable.

Authorities have not announced any arrests at the time of reporting, and the investigation remains ongoing. The allegations contained in the FIR have yet to be tested before a court, and all individuals named in the case are presumed innocent unless proven guilty through the legal process.

Gold Prices Continue to Fall in Pakistan as Global Market Weakness Pushes Rates Lower

Gold prices in Pakistan extended their downward trend on Friday, providing some relief to buyers as domestic bullion rates dropped significantly. The latest decline follows continued weakness in international gold markets, which has influenced local pricing across the country.

According to the latest figures released by the All Pakistan Sarafa Gems and Jewelers Association, the price of one tola of gold fell by Rs. 4,600, bringing the new rate down to Rs. 427,436. The decrease marks another notable adjustment in the local precious metals market after recent fluctuations driven by global economic conditions.

The price of 10 grams of gold also registered a considerable decline. It dropped by Rs. 3,944, settling at Rs. 366,467, reflecting the same downward momentum witnessed in the international bullion market.

Gold prices in Pakistan are closely linked to international market trends. Whenever global gold rates move up or down, local prices usually follow after accounting for the exchange rate between the Pakistani rupee and the US dollar, along with applicable taxes and market premiums.

The latest reduction comes as international gold prices continued to ease, with investors closely monitoring economic indicators, central bank policies, inflation expectations, and interest rate outlooks. A stronger US dollar and changing expectations regarding monetary policy often put pressure on gold prices worldwide, as the precious metal becomes relatively more expensive for foreign investors.

For consumers in Pakistan, lower gold prices may create favorable buying opportunities, particularly for families planning wedding purchases or individuals looking to invest in physical gold. Jewellers often experience increased customer interest whenever prices witness a noticeable correction after a period of sustained highs.

Despite the recent decline, market analysts note that gold remains one of the preferred safe-haven assets during periods of economic uncertainty. Investors continue to monitor global developments, geopolitical tensions, inflation trends, and central bank decisions, all of which can quickly influence bullion prices.

Industry experts advise buyers and investors to keep an eye on daily market updates, as gold prices can change rapidly based on movements in international markets and currency fluctuations. Even modest shifts in global sentiment can translate into significant changes in Pakistan’s domestic gold rates.

The precious metals market has remained highly volatile in recent months, with prices reacting to a combination of global economic data, investor sentiment, and financial market developments. As a result, both traders and consumers are expected to remain cautious while watching for the next direction in gold prices.

With Friday’s latest decline, Pakistan’s gold market enters the weekend on a softer note, giving prospective buyers an opportunity to purchase the precious metal at lower rates compared to previous sessions.

Oil Crosses $100 After Houthis Take Control of Red Sea Shipping Route

Global oil prices surged above the $100-per-barrel mark on Thursday as rising security concerns in the Red Sea created fresh fears over disruptions to international energy supplies and one of the world’s most important shipping routes.

Brent crude prices climbed sharply, gaining 42 percent in just 20 days amid increasing tensions in the region. At the time of reporting, Brent crude was trading at $100.10 per barrel, marking an increase of $6.07 or 6.45 percent during the session.

Meanwhile, US West Texas Intermediate (WTI) crude also recorded strong gains, reaching $91.49 per barrel after rising by $4.66 or 5.37 percent. The sudden increase reflects growing uncertainty among global energy markets over the safety of oil transportation routes.

The latest surge came after Yemen’s Iran-backed Houthi group claimed responsibility for attacks on two Saudi oil tankers near the Bab el-Mandeb Strait, a strategically important maritime passage connecting the Red Sea with the Gulf of Aden. The developments raised concerns that further disruptions could affect global oil shipments.

The Bab el-Mandeb Strait is considered one of the world’s most critical shipping chokepoints, with a significant volume of global trade passing through the route each year. Any prolonged instability in the area could force shipping companies to reroute vessels, increasing transportation costs and creating delays in energy deliveries.

Following the reported attacks, some shipping operators began diverting vessels away from the area due to security concerns. Longer shipping routes can increase fuel expenses and delivery times, adding pressure on global supply chains and potentially pushing energy prices higher.

Oil markets are highly sensitive to geopolitical developments, particularly in regions that play a major role in global energy transportation. Traders closely monitor conflicts, security threats, and supply risks because even temporary disruptions can influence crude prices worldwide.

The rise in oil prices could have broader economic consequences, particularly for countries that depend heavily on imported energy. Higher crude prices often increase fuel costs, transportation expenses, and production costs, which can contribute to inflationary pressures.

For countries like Pakistan, which imports a large portion of its energy requirements, fluctuations in international oil prices can directly affect fuel prices, import bills, and economic stability. A sustained increase in crude prices may put additional pressure on foreign exchange reserves and consumer costs.

Energy analysts believe that the future direction of oil prices will depend on how the security situation in the Red Sea develops and whether major shipping routes can return to normal operations. Any expansion of regional tensions could further impact global energy markets.

The latest oil rally highlights the vulnerability of international energy supplies to geopolitical risks. As markets continue to assess the situation, investors and governments worldwide are closely watching developments around the Red Sea and their potential impact on global oil availability.

Pakistan to Build First European-Standard Aircraft Maintenance Center at Islamabad Airport

Pakistan is preparing to strengthen its aviation infrastructure with the establishment of its first aircraft Maintenance, Repair, and Overhaul (MRO) facility built to European Aviation Safety Agency (EASA) standards. The landmark project will be developed at Islamabad International Airport as part of the Ministry of Defense’s Aviation Sector Transformation Program.

The initiative represents a major step toward modernizing Pakistan’s aviation industry and reducing the country’s reliance on overseas maintenance services. Once operational, the facility is expected to enhance aircraft maintenance capabilities while supporting the long-term growth of the aviation sector.

The new MRO center will be constructed in accordance with EASA standards, which are internationally recognized for ensuring high levels of aviation safety, technical quality, and regulatory compliance. Meeting these standards could position Pakistan as a competitive destination for aircraft maintenance services in the region.

Currently, many airlines rely on foreign maintenance facilities for extensive aircraft servicing and repairs, resulting in higher operational costs and longer turnaround times. The establishment of a world-class MRO facility within Pakistan is expected to help reduce these expenses while improving operational efficiency for domestic carriers.

The project will be located at Islamabad International Airport, one of the country’s busiest aviation hubs. Its strategic location is expected to support both local and international airlines seeking certified maintenance, repair, and overhaul services.

The MRO facility is being launched under the Ministry of Defense’s Aviation Sector Transformation Program, an initiative designed to modernize Pakistan’s aviation infrastructure and strengthen technical capabilities. The program aims to improve industry standards, encourage investment, and align Pakistan’s aviation services with globally recognized best practices.

Industry experts believe the project could deliver multiple economic benefits beyond aviation safety. A modern maintenance center has the potential to create highly skilled employment opportunities for engineers, technicians, and aviation specialists while supporting the development of a stronger aerospace workforce.

The facility may also attract foreign airlines looking for certified maintenance services within South Asia, generating additional revenue and strengthening Pakistan’s position in the regional aviation market. By offering internationally recognized maintenance standards, the country could expand its role in the global aviation services industry.

In addition to supporting commercial aviation, the new center is expected to contribute to improved technical training and knowledge transfer. Exposure to internationally accepted maintenance procedures can help develop local expertise and promote innovation across Pakistan’s aviation ecosystem.

The government’s investment in an EASA-standard MRO facility reflects its broader vision of transforming the country’s aviation sector through modernization, infrastructure development, and international compliance. Officials believe the project will improve service quality while increasing confidence among airlines operating in and through Pakistan.

As aviation demand continues to grow, the establishment of Pakistan’s first European-standard aircraft maintenance center is expected to become a significant milestone for the country’s aviation industry. The project has the potential to reduce maintenance costs, strengthen technical capabilities, create new employment opportunities, and position Pakistan as an emerging regional hub for aircraft maintenance and repair services

CDA Gives Illegal Housing Scheme Another Chance After Rs. 7.36 Lakh Fine

The Capital Development Authority (CDA) has granted another opportunity to the management of Shaheen Town Phase-IV after de-sealing its office in Islamabad. The decision came after the housing scheme’s sponsor paid a penalty of Rs. 736,000, submitted a written affidavit, and agreed to fulfill a set of conditions laid down by the authority.

The move follows enforcement action against the housing project over allegations of unauthorized development and construction without obtaining the required approvals from the CDA. The authority had previously sealed the office as part of its ongoing campaign against illegal housing schemes operating in the federal capital.

According to an official order issued by the Directorate of Regional Planning, Shaheen Town Phase-IV was carrying out construction and development activities without securing formal approval from the Capital Development Authority. Such actions violate the regulations governing housing schemes in Islamabad and raise concerns regarding urban planning, infrastructure development, and public safety.

Before taking strict enforcement measures, the CDA had served notices to the project’s sponsors, directing them to immediately halt all unauthorized activities. The notices also instructed them to remove illegal structures and comply with regulatory requirements within 15 days. The authority had warned that failure to meet these directives could result in sealing of offices, demolition of unauthorized structures, and further legal proceedings.

Following the enforcement action, the sponsors approached the CDA and agreed to meet several conditions imposed by the authority. As part of the settlement, they deposited a fine of Rs. 736,000 and submitted an affidavit assuring compliance with all applicable regulations and future directives.

Based on these commitments, the CDA decided to de-seal the office, giving the housing scheme another opportunity to regularize its affairs. However, the authority has made it clear that this relief does not amount to approval of the housing project. Instead, it is conditional upon full compliance with planning laws, regulatory procedures, and any additional requirements imposed by the relevant departments.

The latest development reflects the CDA’s approach of balancing enforcement with an opportunity for compliance. While the authority continues its crackdown on unauthorized housing projects, it is also allowing developers to rectify violations if they demonstrate a genuine commitment to following legal procedures.

Illegal housing schemes remain a significant concern in Islamabad, as they often attract buyers before obtaining the necessary approvals. This can expose investors and homeowners to legal uncertainties, delays in development, and the risk of financial losses. The CDA has repeatedly advised the public to verify the legal status of any housing project before making investments.

Urban planning experts believe strict regulatory oversight is essential to ensure sustainable development, protect buyers’ interests, and maintain the city’s master plan. Authorities continue to encourage developers to seek proper approvals before launching projects to avoid enforcement actions and safeguard consumer confidence.

The de-sealing of Shaheen Town Phase-IV serves as a reminder that while regulatory authorities may provide an opportunity for compliance, developers remain responsible for adhering to all legal and planning requirements. Future violations could invite stricter penalties if the agreed conditions are not fulfilled.

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