When catastrophic natural disasters strike, international emergency response must be swift, structured, and technically proficient. In my opinion, the recent milestone achieved by the UAE Search and Rescue Team -retaining its prestigious UN-affiliated Heavy classification for the third consecutive cycle-defines modern crisis leadership. When UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan personally received the Abu Dhabi Civil Defence Authority’s elite unit at Qasr Al Bahr, it underscored a vital truth: effective humanitarian relief requires elite operational mastery. By maintaining this top-tier accreditation under the United Nations International Search and Rescue Advisory Group (INSARAG) framework, the Emirates reinforces its commitment to rapid disaster response worldwide. I believe this achievement is not merely a technical badge, but a clear reflection of strategic foresight, national discipline, and deeply ingrained humanitarian values. What Does INSARAG Heavy Cla...
The KSE-100 Index has delivered jaw-dropping returns, surging over 425% since 2021 when it stood around 44,000 points closing at 172,170 on February 19, 2026 after a recent 3.74% dip. Market capitalization ballooned from PKR 6.5 trillion in June 2020 to PKR 19.69 trillion (USD 70.25 billion) by December 2025, with free-float at roughly USD 53 billion. Yet renowned chartered accountant Syed Shabbar Zaidi raises sharp questions in his latest analysis: does this rally truly mirror Pakistan’s economic health, or is it largely driven by speculation, high bank profits from government borrowings, and oil & gas gains tied to rupee depreciation and dollar indexation? The full opinion piece is available on Business Recorder . Zaidi highlights stark realities Pakistan’s market cap-to-GDP ratio sits at just 17% (with 2025 GDP around USD 407 411 billion), compared to India’s 130% (market cap over USD 5 trillion) and the USA’s 100%. Listed companies have barely grown (535 today vs 659 in 2005...