The announcement was made during a meeting of the Senate Standing Committee on Finance on Thursday, where Mahmood responded to a query about the government’s plans regarding tax exemptions. The FBR chairman said a significant relief has been announced for teachers. From the next fiscal year, teachers will be eligible for a 25 percent income […]
The foreign exchange rate of the Bahraini Dinar vis-à-vis PKR is influenced by a number of factors such as foreign exchange market supply and demand, economic stability, and monetary policies of Pakistan and Bahrain. The fixed exchange rate of the Bahraini Dinar relative to the U.S. dollar at 0.376 BHD per USD is supported by […]
During a keynote address at the Bitcoin 2025 conference in Las Vegas, Special Assistant to the Prime Minister on Blockchain and Cryptocurrency Bilal Bin Saqib made the announcement. The event was attended by prominent figures, including U.S. Vice President JD Vance, Eric Trump, and Donald Trump Jr. Saqib expressed gratitude to U.S. President Donald Trump […]
The move is supported by the Special Investment Facilitation Council (SIFC) and marks a major leap toward positioning Pakistan as a regional tech hub. The initiative is also backed by the Ministry of Information Technology and Telecommunication and the State Bank of Pakistan, aiming to attract significant investment in emerging technologies such as blockchain, artificial […]
As per Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is currently valued at SAR 3,971, with an ounce of gold costing 12,352 Saudi Riyal. The uptick in gold rates reflects ongoing trends in the global commodities market, with the latest pricing update reported at 10:00 a.m. local time. Gold has long held a […]
The Saudi Riyal’s selling rate was noted at Rs75.81. Saudi Arabia’s official currency is denoted as SAR or SR. A single Riyal is divided into 100 halalas. The relationship between Pakistan and Saudi Arabia is characterized by a deep-rooted, mutually supportive alliance, reinforced by significant financial aid from the Saudi kingdom. Recently, Saudi Arabia extended […]
The rates of 10 grams of 24 karat also decreased by Rs3,086 to Rs298,268 from Rs301,354, whereas the price of 10 grams of 22 Karat came down by Rs2,829 to Rs273,422 from Rs276,251. The rates of per tola silver and ten gram declined by Rs60 and Rs5,2 and were traded at Rs3,448 and Rs2,956 respectively. […]
The total volume of commitments, including programs, projects, and co-financing, reached an unprecedented $8 billion, underscoring ADB’s growing role in driving private sector-led development and innovation across Asia and the Pacific. Long-term cofinancing with private partners reached $3.6 billion in 2024—$3.4 billion from project cofinancing, $0.2 billion from long-term cofinancing from the Microfinance Program, and […]
Mr. Tabba emphasized that while the intent behind tariff rationalization may be to make cars more affordable for customers, the proposal currently under consideration—if implemented without a well-thought-out approach—could hurt Pakistan’s local auto industry, undermine investor confidence, and lead to a current account deficit. He noted that under the Auto Development Policy (ADP) 2016–2021, Korean, […]
As per Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is currently valued at SAR 4,024, with an ounce of gold costing 12,518 Saudi Riyal. The uptick in gold rates reflects ongoing trends in the global commodities market, with the latest pricing update reported at 10:00 a.m. local time. Gold has long held a […]
