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Iran establishes requirements for reopening the Strait of Hormuz.

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Iran set preconditions for a reopening of the Strait of Hormuz, including compensation for war damages, complicating a potential deal to open the waterway essential to the world economy.

Tehran has imposed an effective blockade of the strait since the United States and Israel struck Iran in late February, and wants to charge tolls for passage, attacking ships it accuses of attempting to circumvent its preferred route.

Continued attacks in the strait, which was free to transit before the war, led to the collapse of an April ceasefire. Mediators have since urged both sides to return to the terms of a June memorandum.

Iranian Foreign Minister Abbas Araghchi said discussions with Oman over transit and management of the strait were “approaching the final stages”, but added the reopening of Hormuz “is subject to other conditions and compensation for the violation” of the June agreement.

Security chief Mohammad Baqer Zolqadr on Saturday laid out a list of demands for reopening the strait, including an end to the “war and aggression against Iran and its allies in Lebanon, Palestine, Yemen, and Iraq”.

He also demanded the lifting of a parallel US naval blockade of Iran, the end of sanctions, the release of frozen assets and compensation for wartime damage, according to remarks reported by Tasnim news agency.

Iran’s Revolutionary Guards, meanwhile, said Hormuz’s reopening had “nothing to do with the negotiations between Iran and Oman”, adding that the “enemy is forced to accept Iran’s conditions for the opening of the strait”.

Repeated attacks

The comments came as transit through Hormuz has dropped significantly, with Iran targeting ships it accuses of skirting its preferred route through Iranian waters.

The United Arab Emirates’ foreign ministry on Saturday condemned what it called a “hostile Iranian attack that targeted a tanker belonging to Adnoc (Abu Dhabi National Oil Company) with a missile while it was transiting the Strait of Hormuz, without causing casualties”.

Later on Saturday, the United Kingdom Maritime Trade Operations (UKMTO) said a ship was hit by a projectile off Oman in the Strait of Hormuz, causing a fire that was extinguished but no casualties. It was unclear whether they were referring to the same ship.

On Friday, Adnoc had put out a statement saying that since the start of the war, 15 of its vessels had been attacked in Hormuz, “including three vessels this week alone”.

Oman’s foreign ministry on Saturday condemned “repeated attacks on vessels transiting the Strait of Hormuz”, without naming Iran.

It also said that “ongoing negotiations regarding navigation arrangements in the Strait of Hormuz are proceeding in a positive and constructive atmosphere”, and urged against any actions that might jeopardise the progress.

The previous Iran-US deal — meant to serve as a jumping-off point for negotiations on a permanent settlement — had said Iran and Oman would hash out future arrangements for the strait in discussion with other Gulf countries and “in line with the applicable international law”.

International law generally forbids tolling in such waterways.

Security agreement

Turkish foreign minister said Saturday he expected Egypt to join a joint defence agreement between Turkiye, Saudi Arabia and Pakistan designed to stabilise the region, calling the country a “natural partner on all issues”.

“I believe that at the next stage Egypt will also be among us in the alliance. We already act toward one another as if we were alliance members,” Foreign Minister Hakan Fidan said in an interview.

A drone struck US assets at an Egyptian port on the Mediterranean last month, marking the first drone attack on Egyptian territory since the outbreak of the Iran war.

Fidan said the agreement does not target a specific country.

“There is no common threat that we have put in writing,” he said, according to the news agency.

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IHC direct Islamabad administration to issue domicile to Lakki Marwat citizen

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The Islamabad High Court (IHC) has directed the Islamabad district administration to issue a residence certificate to Hamadulla, who lives in Lakkimarwat, within five days.

The order was issued while considering the citizen’s application for Islamabad Domicile Certificate.

The court also expressed strong displeasure over the district administration’s decision to send a lower division clerk (LDC) to represent the deputy commissioner’s office instead of a senior official.

During the proceedings, the clerk informed the court that a domicile certificate is issued one year after obtaining a No Objection Certificate (NOC) from the applicant’s previous district. Chief Justice Sarfraz Dogar questioned the official about his appointment and asked why the junior officer was being sent to represent the district administration.

Expressing indignation, the Chief Justice pointed out that the Deputy Commissioner, Superintendent and Assistant Commissioner were not present in the court. He questioned the rationale behind making citizens wait for a year after issuing NOC and directed the government to complete the household registration process within five days.

The court also warned that if the residence certificate is not issued within the stipulated time, the Deputy Commissioner will have to appear in person.

After issuing the directions, the IHC adjourned further proceedings until next week.

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PM Shehbaz to address COP31 summit in Turkiye, hold key meetings with world leaders

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Prime Minister Shehbaz Sharif will address the high-level climate conference COP31 in Antalya, Turkey today as he begins a busy schedule of engagements with international leaders.

The Prime Minister will attend a high-level meeting titled “Clean Energy Transition 2035: Powering the Future” hosted by Turkish President Recep Tayyip Erdogan. He is expected to deliver an important address outlining his vision for renewable energy and the transition towards clean energy.

During the COP31 summit, Prime Minister Shehbaz Sharif will also present Pakistan’s National Statement, highlighting the country’s position on climate justice and the challenges faced by nations severely affected by climate change. The announcement is expected to underline Pakistan’s concerns about the disproportionate impact of climate change on vulnerable countries and to emphasize the importance of global cooperation and climate justice.

In addition to the planned address, the Prime Minister will hold important bilateral meetings with several world leaders throughout the day. Discussions are expected to focus on strengthening bilateral relations and addressing common environmental and climate-related challenges.

Later in the evening, Prime Minister Shebaz Sharif will attend a gala dinner hosted by Turkish President Recep Tayyip Erdogan to meet world leaders. His participation in the summit provides an opportunity for Pakistan to highlight its climate priorities and strengthen diplomatic engagement with the international community.

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Saudi delegation eyes Karachi port investments as Pakistan expands maritime trade

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A Saudi business delegation led by Prince Mansoor bin Mohammed Al Saud has expressed interest in investing in Karachi’s port infrastructure, logistics links and green initiatives, Pakistani authorities said Monday, as Islamabad seeks to expand maritime cooperation with its longtime Gulf ally.

The visit comes amid efforts by Pakistan and Saudi Arabia to expand economic partnership from traditional trade, remittances and financial support to investment-based cooperation in infrastructure, energy and other areas. Pakistan is also seeking to modernize its ports, improve connections with land transport networks and expand transshipment operations to strengthen its position in regional trade.

Prince Mansoor, Chairman of the Saudi Arabian Chapter of the Saudi-Pakistan Joint Business Council, led a high-level corporate delegation to Karachi Port Trust (KPT), Port Qasim and South Asia Pakistan Terminals Limited, where officials were briefed on investment opportunities and ongoing modernization projects.

The briefings focused on the proposed 140-acre Maritime Business District in Karachi and the development of Manora Shipyard.

“Prince Mansour expressed keen interest in KPT’s Maritime Business District, Green port initiatives, terminal infrastructure expansion and connectivity initiatives, recognizing their scope for mutually beneficial Saudi investment and joint ventures,” the KPT said in a statement. The Saudi-Pakistan Joint Business Council serves as a platform for companies and investors from both countries to identify commercial opportunities, develop partnerships and form joint ventures. Prince Mansour has led several delegations to Pakistan as the two governments seek to translate their long-standing political and defense ties into greater private sector investment. In June, KPT signed a memorandum of understanding with its Saudi Arabian and Pakistani partners to explore the development of a maritime business zone on MT Khan Road in Karachi.

The proposed development involves the Saudi Arabian Business Council – Najd Gateway Holding Company, Arif Habib Dolmen REIT Management Limited and a consortium of Pakistani companies and is intended to accommodate commercial and maritime businesses.

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