Currency valuation is a complex process driven by multiple factors, including supply and demand dynamics in the foreign exchange market, interest rates, inflation, and overall economic stability. The Kuwaiti Dinar, backed by Kuwait’s robust oil exports and substantial foreign exchange reserves, maintains its position as one of the world’s strongest currencies. Kuwait’s oil-driven economy and […]
This stability is a result of a calm phase of the AED-PKR exchange rate, with the support of steady remittance inflows and peaceful economic conditions in Pakistan and the UAE. AED-PKR Exchange Rate Valuation Process The value of the UAE Dirham versus the Pakistani Rupee is influenced by market forces and central bank policies. The […]
The Saudi Riyal’s selling rate was noted at Rs75.63. 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 […]
As per Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is currently valued at SAR 3,881.98, with an ounce of gold costing 12,074.53 Saudi Riyal. Gold prices, including those in Saudi Arabia, continue to be shaped by global market dynamics, with the latest update recorded at 10:00 a.m. on May 15, 2025. For centuries, […]
The inaugural flight from Dubai landed at Peshawar Airport last night, carrying 164 passengers. The arrival was marked with a traditional water cannon salute, followed by a cake-cutting ceremony to celebrate the occasion. According to the PAA, the UAE-based airline will now operate seven flights weekly between Dubai and Peshawar. The authority also noted plans […]
During a video address at the Pakistan Stock Exchange (PSX), Aurangzeb congratulated the PSX, noting that the stock market closed at a record high the previous day, signaling robust investor confidence. The Green Sukuk bond, aimed at funding environmentally sustainable projects, marks a pivotal step toward addressing climate change, which Aurangzeb described as a significant […]
According to sources, the proposed measure could raise the CGT rate on property sales by 20 percent, potentially escalating from the existing 15 percent to as much as 35 percent. This adjustment aims to bring real estate taxation in line with corporate sector rates, addressing the sector’s untapped revenue potential. The proposal emerged during the […]
The data showed that the inflows of remittances during April were recorded at US$ 177 million as compared to US$ 235 million in March and US$ 204 million in February 2025, according to the latest data released by the State Bank of Pakistan (SBP). These accounts provide innovative banking solutions to millions of Non-Resident Pakistanis […]
As per Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is currently valued at SAR 3,836, with an ounce of gold costing 11,933 Saudi Riyal. Gold prices, including those in Saudi Arabia, continue to be shaped by global market dynamics, with the latest update recorded at 10:00 a.m. on May 15, 2025. For centuries, […]
He was chairing a high-level meeting in Islamabad on Thursday to review process of reforms in the agriculture sector. The meeting was also attended by Rana Tanveer Hussain, Ahad Cheema, Muhammad Aurangzeb, Musadiq Malik and others. PM Shehbaz Sharif said the government would harness the vast potential of the agriculture sector for rapid economic development. […]
