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اردو

Apr 14, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Pakistan

First passenger flight lands at New Gwadar International Airport

BR Web Desk Published January 20, 2025

The first commercial aircraft arrived on Monday at the New Gwadar International Airport.

A Pakistan International Airlines (PIA) flight PK-503 from Karachi landed at the largest airport of the country by area.

Passengers including high-ranking officials from the aviation division were also onboard the inaugural flight.

New Gwadar airport: PM looks forward to prosperity

Defence and Aviation Minister Khawaja Asif was present at the ceremony to welcome the passengers at the new airport.

The airport, a flagship project under the China-Pakistan Economic Corridor (CPEC), represents an investment of USD 246 million and built with Chinese assistance.

The facility boasts modern amenities, including a world-class terminal building and a runway designed to accommodate large aircraft.

Moreover, officials of Air Security Force (ASF) confirmed the deployment of around 400 security personnel at the airport.

PIA gwadar port New Gwadar International Airport

Comments

Re=== Jan 20, 2025 07:45pm

Brand new airport just for 4 flights. 3 to Karachi and 1 to Muscat. The old airport was 70% underutilized. The new one designed to land A380 will be 90% underutilized. This airport was not needed!!

Recommended (0) Reply

Az_Iz Jan 20, 2025 09:34pm

This airport can be a hub,between many destinations,like Pakistani and GCC cities,China and Africa, SE Asia,Australia and EU.For passengers and Cargo.

Recommended (0) Reply

Az_Iz Jan 20, 2025 11:13pm

@Re===, it is just the beginning. Besides, it was built with grant from China.

Recommended (0) Reply

Re=== Jan 21, 2025 02:12am

@Az_Iz , While it can be a hub it wont as there's no leadership in Pakistan to ensure that. what you wrote about airport was written about Gwadar port 10 years ago. Not a single foreign ship birthed

Recommended (0) Reply

Re=== Jan 21, 2025 02:15am

@Az_Iz , Brother nothing is free in the world. The interest and inflated project cost Pakistan paid for no bid exclusively china only CPEC projects is so high, that China happy to build airport free.

Recommended (0) Reply

zh Jan 21, 2025 03:11am

@Az_Iz , Gwadar cannot be a hub. It lacks population in around the city.

Recommended (0) Reply

Forex
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Currency	Rate
USD PKR Interbank Selling / Apr 14	280.68
USD PKR Interbank Buying / Apr 14	280.48
USD to Japanese Yen / Apr 14	142.49
USD to Swiss Franc / Apr 14	0.81
Pound Sterling to USD / Apr 14	1.32
Euro to USD / Apr 14	1.14
UK LIBOR % / Apr 11	4.96

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S&P 500 / Apr 11	5,363.36
India Sensex / Apr 11	75,157.26
Nasdaq / Apr 11	16,724.46
Dow Jones / Apr 11	40,212.71
Tokyo Nikkei / Apr 14	33,982.36
Hang Seng / Apr 14	21,367.90
FTSE 100 / Apr 14	8,113.87
Germany DAX 30 / Apr 14	20,831.83
France CAC40 / Apr 14	7,259.65

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 11	16,785
Gold 10 Grams PKR / Apr 11	290,466
Petrol/Litre / Apr 14	254.63
Crude Oil USD/Barrel / Apr 14	61.28
Gold Spot USD/Ounce / Apr 14	3,229.53
Diesel/Litre / Apr 14	258.64
Cotton US¢/pound / Apr 14	67.08

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Pak Agro Pack. (GEM) / Apr 14 Pak Agro Packaging Limited (GEM)(GEMPAPL)	8.84 ▲ 0.99 (12.61%)
Ruby Textile / Apr 14 Ruby Textile Mills Limited(RUBY)	7.80 ▲ 0.86 (12.39%)
Tariq Corporation / Apr 14 Tariq Corporation Limited(TCORP)	14.69 ▲ 1.34 (10.04%)
Secure Logistics / Apr 14 Secure Logistics Group Limited(SLGL)	14.83 ▲ 1.35 (10.01%)
Engro Powergen / Apr 14 Engro Powergen Qadirpur Limited(EPQL)	35.27 ▲ 3.21 (10.01%)
Dandot Cement / Apr 14 Dandot Cement Company Limited(DNCC)	15.29 ▲ 1.39 (10%)
Bawany Air Products / Apr 14 Bawany Air Products Limited(BAPL)	31.80 ▲ 2.89 (10%)
J.K.Spinning / Apr 14 J.K. Spinning Mills Limited(JKSM)	64.35 ▲ 5.85 (10%)
PIA Holding Co.B / Apr 14 PIA Holding Company Limited B(PIAHCLB)	1,462.40 ▲ 132.95 (10%)
Frontier Ceram / Apr 14 Frontier Ceramics Limited(FRCL)	27.50 ▲ 2.5 (10%)

Stock	Price
Habib Ins. / Apr 14 Habib Insurance Company Limited(HICL)	7.95 ▼ -1.26 (-13.68%)
Oilboy Energy(R) / Apr 14 Oilboy Energy Limited(R)(OBOYR2)	1.62 ▼ -0.24 (-12.9%)
Fateh Ind. / Apr 14 Fateh Industries Limited(FIL)	119.56 ▼ -13.27 (-9.99%)
Sindh Abadgar / Apr 14 Sindh Abadgar's Sugar Mills Limited(SASML)	52.50 ▼ -5.83 (-9.99%)
TPL Life Insur. / Apr 14 TPL Life Insurance Limited(TPLL)	49.35 ▼ -5.46 (-9.96%)
Hafiz Ltd. / Apr 14 Hafiz Limited(HAFL)	255 ▼ -26.68 (-9.47%)
Baba Farid Sugar / Apr 14 Baba Farid Sugar Mills Limited(BAFS)	53 ▼ -5.43 (-9.29%)
Mughal Energy / Apr 14 Mughal Energy Limited(GEM)(GEMMEL)	20 ▼ -2.02 (-9.17%)
First Elite Cap.Mod / Apr 14 First Elite Capital Modaraba(FECM)	16 ▼ -1.59 (-9.04%)
Shahzad Tex. / Apr 14 Shahzad Textile Mills Limited(SZTM)	27.26 ▼ -2.61 (-8.74%)

Stock	Volume
Cnergyico PK / Apr 14 Cnergyico PK Limited(CNERGY)	54,444,707 ▲ 0.23
Pak Int.Bulk / Apr 14 Pakistan International Bulk Terminal(PIBTL)	45,023,605 ▲ 0.5
Pak Elektron / Apr 14 Pak Elektron Limited(PAEL)	40,742,036 ▼ -0.01
Sui South Gas / Apr 14 Sui Southern Gas Company Limited(SSGC)	38,084,018 ▲ 2.37
B.O.Punjab / Apr 14 The Bank of Punjab(BOP)	33,174,212 ▲ 0.16
Citi Pharma Ltd / Apr 14 Citi Pharma Limited(CPHL)	25,349,324 ▲ 1.66
WorldCall Telecom / Apr 14 Worldcall Telecom Limited(WTL)	15,776,896 ▲ 0.02
Power Cement / Apr 14 Power Cement Limited(POWER)	14,852,543 ▼ -0.08
Dewan Cement / Apr 14 Dewan Cement Limited(DCL)	14,486,660 ▲ 0.86
K-Electric Ltd. / Apr 14 K-Electric Limited(KEL)	13,484,387 ▼ -0.04

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First passenger flight lands at New Gwadar International Airport

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