This modest uptick builds on the UAE Dirham’s strong performance throughout June, when it appreciated by 0.81 PKR, climbing from 76.44 PKR at the beginning of the month to 77.25 PKR by its close. The sustained strength of the AED underscores the United Arab Emirates’ robust economic policies and its established position as a global […]
Kuwaiti Dinar Rises to 930.68 PKR as Pakistani Rupee Remains Weak The Kuwaiti Dinar (KWD) has gone up in value again, reaching 930.68 Pakistani Rupees (PKR) today. This is higher than yesterday’s rate of 929.72 PKR and shows a steady increase over the past few weeks. Steady Growth of the Dinar Over the last three […]
A criminal case has been started under Sections 37A and 37B of the Sales Tax Act, 1990. The case is about tax fraud and using fake sales tax invoices to wrongly claim refunds. Javed Balwani, the President of the Karachi Chamber of Commerce and Industry (KCCI), criticized the Federal Board of Revenue (FBR). He said […]
On Thursday in Islamabad, Prime Minister Shehbaz Sharif led a meeting about making Pakistan a cashless and digital economy. He said it’s very important now to make payments easier for people and businesses. He also said more people need to learn about using digital systems. Shehbaz Sharif Wants to Make Pakistan More Digital He told […]
As of 10:00 a.m. local time, Forex.PK reported that 10 grams of 24-karat gold cost SAR 4,024, and one ounce of gold was priced at SAR 12,527. This price increase is because of growing worries around the world about the economy and political tensions. Experts say gold is going up in value because people see […]
Why the Saudi Riyal Matters for Pakistan The Saudi Riyal (SAR) is a very stable currency because it is directly linked (or “pegged”) to the US dollar. This means its value doesn’t change much, which makes it a safe and trusted currency for international trade and money transfers. This stability is very important for millions […]
“China has always advocated that all parties resolve economic and trade differences through equal dialogue and consultation,” foreign ministry spokeswoman Mao Ning said. “At the same time, relevant negotiations and agreements should not target or harm the interests of third parties,” she said. The deal announced on Wednesday is the first full pact Trump has […]
On 20 June, two Voyager planes were damaged with red paint, causing about £7 million in damage. Four people between the ages of 22 and 35 have been charged and will appear in Westminster Magistrates’ Court today. Police from Counter Terrorism Policing South East said they are being charged with: Planning to cause criminal damage […]
Tesla Needs Strong Sales to Avoid Another Bad Year Tesla has to sell over one million cars in the second half of this year to avoid another yearly sales drop. But some experts think that might be hard because of economic problems caused by new tariffs and the possibility that tax credits for electric cars […]
Jaishankar Rejects Trump’s Claim About India-Pakistan Peace Talks India’s Foreign Minister S. Jaishankar is visiting the United States for three days to attend the Quad Foreign Ministers’ meeting. While there, he gave an interview to Newsweek. After the interview, someone asked him if former U.S. President Donald Trump helped reduce tensions between India and Pakistan […]
