Over 151,787 metric tons of fish and fish products valued at $322.906 million were exported during the period from July-March 2024-25 as compared to the 145,671 metric tons worth of $289.568 million of the same period of last year, according the data of the Pakistan Bureau of Statistics. Meanwhile, meat and meat products exports during […]
The European Automobile Manufacturers’ Association (ACEA) said that sales of new Tesla vehicles in the bloc fell by 36 percent in March, and by 45 percent, to just over 36,000 units, in the first quarter compared to the same periods a year earlier. It was the biggest fall in sales of any of the major […]
The Saudi Riyal’s selling rate was noted at Rs75.44. 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 4,125, with an ounce of gold costing 12,829 Saudi Riyal. Gold rates are influenced by global market trends, including those in Saudi Arabia, with the latest update noted at 10:00 am on April 24, 2025. Following Donald Trump’s trade […]
This slight uptick highlights the subtle yet constant shifts in the foreign exchange market, influenced by economic dynamics in both the UAE and Pakistan. Currency valuation hinges on supply and demand in the forex market, shaped by factors like trade balances, inflation, and monetary policies. The UAE Dirham, pegged to the US dollar at a […]
Currency valuation is determined by a combination of supply and demand dynamics in the forex market, influenced by economic indicators such as inflation rates, interest rates, and trade balances. For Bahrain, a stable economy backed by oil revenues and a fixed exchange rate pegged to the US dollar (1 Bahraini Dinar = 2.65 USD) ensures […]
As per details, the Ministry of Industries entered into an agreement with the International Finance Corporation with the support of the Special Investment Facilitation Council for the promotion of electric vehicles in Pakistan. This will reduce fuel dependency and lower pollution levels. As part of the partnership, IFC will provide technical implementation support and work […]
As per details shared by sources, the federal development budget it is proposed to raise the Public Sector Development Programme (PSDP) allocation from the current Rs1,100 billion to Rs2,000 billion. Sources indicate that the increased allocation will be utilised to complete ongoing development projects under the Rs2,000 billion development outlay. Fewer than 100 new development […]
As per Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is currently valued at SAR 4,127, with an ounce of gold costing 12,836 Saudi Riyal. Gold rates are influenced by global market trends, including those in Saudi Arabia, with the latest update noted at 10:00 am on April 23, 2025. Following Donald Trump’s trade […]
The Saudi Riyal’s selling rate was noted at Rs75.8. 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 […]
