Pakistani PM meets Saudi crown prince, discusses economic ties, security cooperation 

ISLAMABAD: A Pakistani market research organization on Wednesday estimated a further decline in inflation in the ongoing month, projecting it to fall below 1%, marking the lowest monthly year-on-year (YoY) reading in over three decades.​
Topline Pakistan Research, a division of Topline Securities, a prominent brokerage house in Pakistan, gathers and analyzes market data along with consumer behavior and socio-economic indicators.
In recent years, Pakistan has grappled with high inflation, with consumer prices reaching a record 38% in May 2023. However, subsequent monetary policy measures and a series of economic reforms led to a substantial decline, bringing the annual inflation rate down to 1.5% in February 2025.​
“Pakistan’s Consumer Price Index (CPI) for Mar 2025 is expected to bottom out and clock in at 0.5-1.0% YoY (+0.9 percent MoM), lowest monthly YoY reading in over 3 decades, taking 9MFY25 average to 5.38% compared to 27.06% in 9MFY24,” Topline Pakistan Research stated in its estimate.​
It noted the anticipated decline in March 2025’s CPI was likely to follow a 2.3% reduction in electricity prices, resulting from a higher fuel cost adjustment of Rs2 per kilowatt hour (kWh) compared to Rs1/kWh in the previous month.
The transport segment index is also expected to decrease by 0.7% month-on-month, owing to a decline in diesel and petrol prices by an average of 2%.​
Given these developments, Topline Pakistan Research said it was also revising its inflation forecast for fiscal year 2025 downward from 6-7% to 5-6%.​
With the expected inflation rate of less than 1 percent for March 2025, the research organization said the real interest rates will be significantly higher than Pakistan’s historic average of 200-300 basis points, standing at 1,100-1,150 basis points. However, based on fiscal year 2026 inflation estimates of 8-9%, real rates are projected to be 300-400 basis points positive.​
Topline Pakistan Research also cautioned any major deviation in commodity rates from current levels, especially fuel prices, could result in change in inflation estimates.
 

ISLAMABAD: On a recent Ramadan night, Mamoon Sabri, 27, slipped into a tracksuit an hour after the iftar meal and headed to his new favorite getaway: a padel court.

Racket in hand, he walked onto the artificial turf at The Pad, Islamabad’s first padel club, as a group of his friends also arrived. Soon they began hitting forehands and backhands across the net, slamming the ball off the back wall, scooping it over the net and teasing each other with shots close to the wall — and so went on an hour-and-a-half long game of padel.

The racket sport, a mix of tennis and squash that is the fastest-growing sport in the world, is also gaining traction in Pakistan, especially in Ramadan, with its culture of sports and physical activities in parks, streets, and sports grounds after iftar and until the pre-dawn suhoor meal, fostering a sense of community and promoting health at the same time. 

At The Pad and other padel courts in the Pakistani capital, padel games are offering people both a fun-filled pastime and an opportunity to socialize and exercise in the hours between iftar and suhoor. A Ramadan tournament is taking place at The Pad currently, with more than 50 teams participating in all-girls, mixed doubles and advanced team categories. 

As of 2024, there are approximately 30 million amateur padel players worldwide, with the sport, founded in Mexico in the 1960s, now played in over 130 countries, according to the International Padel Federation.

“Padel is a great time and Ramadan is always a great time for sports in Islamabad anyway because everyone wants to play, everyone wants to stay awake till sehri [suhoor] one way or the other,” Sabri, a sports broadcaster and consultant, told Arab News shortly after winning a men’s doubles game.

Mustafa Mirza, a co-founder of The Pad, said the club was fostering an atmosphere of camaraderie in Ramadan.

“Padel is a social hub and it is linked more with the lifestyle,” Mirza said. “We have an excellent response in Ramadan. We feel that the people who were not familiar with padel, because they ventured out in Ramadan and they found this sport to be so challenging and rigorous, and then they have taken part in it.”

Indeed, from dedicated sports clubs to pop-up facilities in upscale neighborhoods, there is a surge in courts and players this Ramadan, with families, friends, and even corporate groups gathering late into the night and enjoying the sport’s social nature. Many players said they would cap off their matches with post-game hangouts at nearby cafés and restaurants where they could enjoy suhoor in groups. 

Mahnoor Khan, a 27-year-old employee at a telecom company, said she had come to the courts for the first time with her husband and a group of friends, describing padel as a “very good sport for family and friends.”

“In Islamabad you don’t have a lot of options other than dining out, so this is the very first time that they have introduced something that is other than dining out for socializing,” she told Arab News. “You have a good game, and you go out after iftar or whenever … I think the concept is now spreading really fast.”

Zainab Ameen, who manages The Pad club with her husband, another co-founder Ameen-ud-Din Hafeez, said though the club had only launched a few months ago, the response was “tremendous.”

“We never thought that we will get this kind of response. We just started with two courts and when we got a very good response, we opened two more. And now, we are going to open a futsol [arena],” she told Arab News.

What makes padel particularly appealing during Ramadan is that as a low-impact sport, padel lets one enjoy exercising without any hard strain on the muscles, thus serving as an effective means of staying fit without feeling exceedingly overwhelmed in Ramadan.

“It’s a very low skill floor for the game to play. So, anyone who is starting off will have a good time because they are going to feel like, ‘Wow, what a shot, I am a machine’,” Sabri said. 

“But then there is also a very good skill ceiling … It’s a very interesting mixture in a way most racket sports are.”