Pakistan

Industry News

China’s Gwadar Port in Pakistan Faces Stagnation as Shipping Bypasses Trade Hub

China's flagship port project at Gwadar in Pakistan is facing severe operational and commercial hurdles under the China-Pakistan Economic Corridor. Major international shipping lines continue to bypass the deep-sea port in favor of established regional hubs like Dubai and Salalah due to insufficient cargo volume. Mounting security concerns, extreme terrain along transport links, and local infrastructure deficits have further restricted commercial activity.

Industry News

Iran Reaffirms Diplomatic Stance Over Strait of Hormuz Following US Ceasefire Rejection

Iran stated it remains committed to diplomacy while prepared to confront aggression after US President Donald Trump rejected its ceasefire road map for the Strait of Hormuz. Tehran proposed a seven-day truce involving the reopening of the waterway on the sixth day in exchange for specific US steps, including unfreezing Iranian assets. Iranian military commanders maintained that naval forces retain decisive control over waters leading into the strategic strait.

China–UAE News

UAE Firm Acquires Masood Textile Mills Shares from Two Chinese Companies

The Competition Commission of Pakistan approved the acquisition of shares in Masood Textile Mills Limited by UAE-based Velora Global Ventures-F.Z.C. from two Chinese companies on September 24, 2026. The transaction involves equity transfers from Shanghai Challenge Textile Company Limited and Zhejiang Xinao Industry Company Limited. Regulators concluded in a Phase-I assessment that the deal would not lessen market competition.

China–UAE News

UAE Firm Cleared to Acquire MTML Stakes from Chinese Investors

The Competition Commission of Pakistan has approved the acquisition of shares in Masood Textile Mills Limited by UAE-based Velora Global Ventures from two Chinese investors. The transaction involves equity held by Shanghai Challenge Textile and Zhejiang Xinao Industry under a July 2026 agreement. Regulators concluded the Phase-I review found no adverse impact on market competition.