ISLAMABAD – Pakistan’s cement industry posted a significant export growth of 23.75% during the fiscal year 2024-25, reaching $329.795 million, up from $266.516 million in the previous year, according to the Pakistan Bureau of Statistics (PBS). In terms of volume, cement exports also jumped by 28.71%, rising from 7.08 million metric tons in FY2023-24 to […]
In the open market, exchange companies quoted the US Dollar at PKR 285.00 for buying and PKR 287.20 for selling. Against other major currencies, the PKR showed mixed movements: it weakened by 78.50 paisa or 0.23% against the Euro (EUR) to 344.05, appreciated by 45 paisa or 0.12% against the British Pound (GBP) to 379.40, […]
Kuwait Enforces Stricter Customs Rules at Airports, Deports Over 6,000 Foreigners KUWAIT CITY – Kuwait has tightened its customs regulations for all passengers entering or leaving the country through Kuwait International Airport, with a strong focus on financial declarations and luxury item disclosures. The move is part of a broader strategy to combat money laundering […]
NEPRA Finalizes KE Tariff Despite Govt Objections ISLAMABAD – The National Electric Power Regulatory Authority (NEPRA) has officially notified a new multi-year tariff for K-Electric (KE), setting the average electricity supply rate at Rs 39.97 per unit, despite objections raised by the Power Division. According to NEPRA’s notification, the distribution tariff for KE has been […]
The trading session saw the PKR fluctuate, reaching an intraday high (bid) of 285.0 and a low (ask) of 287.1, indicating a stable yet dynamic market. In the open market, exchange companies quoted the US Dollar at PKR 284.90 for buying and PKR 287.10 for selling. Against other major currencies, the PKR showed varied movements: […]
The rates for trading are distinguished, with the buying rate set at Rs 386.5 and the selling rate at Rs 390.6 on July 18, 2025. These exchange rate movements have a significant impact on businesses, tourists, and individuals involved in cross-border financial transactions between the United Kingdom and Pakistan. The rates were last updated at […]
Omani Rial Exchange Rate in Pakistan Today – July 18, 2025 KARACHI – The buying and selling rates for the Omani Rial (OMR) in Pakistan were recorded at Rs 747.7 and Rs 757.7, respectively, in the open market on Thursday, July 18, 2025. 1,000 Omani Rial Equals Rs 757,700 in Pakistan If a Pakistani citizen […]
The discussion occurred during a high-level meeting led by the Minister to assess progress on the proposed ferry service. The Chief Minister pledged full support from the Balochistan government, emphasizing the socio-economic benefits the initiative could bring to the province and beyond. The meeting also evaluated proposals from five private ferry operators, detailing the technical, […]
According to an official notification issued here, the government has set the ex-mill rate of sugar at Rs165 per kilogram. The Deputy Commissioner (DC) of Islamabad has directed all assistant commissioners to ensure strict compliance with the price control measures. The notification warns that any violation of the fixed rates will result in stringent legal […]
ISLAMABAD: The federal government has officially announced a 10% Ad Hoc Relief Allowance for government employees from Basic Pay Scale (BPS) 1 to 22, effective July 1, 2025, according to a notification issued by the Treasury Department. The relief allowance is calculated as 10% of the basic pay and is part of the government’s broader […]