Saudi Riyal Buying and Selling Rates in Pakistan According to the latest market data, the buying rate of the Saudi Riyal (SAR) in Pakistan is Rs75.69, and the selling rate is Rs76.5. Why the Saudi Riyal is Stable The Saudi Riyal is closely tied to the US dollar, which means its value doesn’t change much. […]
Israeli officials said prospects for reaching a ceasefire and hostage deal appeared high, nearly 21 months since the war between Israel and Hamas began. Efforts for a Gaza truce gathered steam after the U.S. secured a ceasefire to end a 12-day aerial conflict between Israel and Iran, but on the ground in Gaza, intensified Israeli […]
Oman Introduces Personal Income Tax for High Earners Oman has introduced a new income tax law. People who earn more than OMR 42,000 per year will now have to pay 5% tax on their income. But most people in Oman won’t have to worry — the Tax Authority says that about 99% of the population […]
Putin and Trump Talk as Ukraine Peace Efforts Stall Russian President Vladimir Putin and former U.S. President Donald Trump recently had a phone call that lasted almost an hour. This happened while U.S.-led peace talks to end the war in Ukraine are stuck, and the U.S. has paused some weapon shipments to Ukraine. Trump is […]
A group of companies, run by Salim Ahmed Said (a man with Iraqi and British nationality), has been secretly buying and selling large amounts of Iranian oil since at least 2020. These companies made the oil look like it came from Iraq by mixing it with real Iraqi oil. This trick helped them avoid international […]
Russia has officially recognized the Taliban government in Afghanistan. This news was shared by Zamir Kabulov, who is Russia’s special representative for Afghanistan. He spoke to Ria Novosti, a Russian state news agency, and said that the Russian government has now recognized the Taliban, which calls itself the Islamic Emirate of Afghanistan. Later, Russia’s Foreign […]
At the United Nations General Assembly, Rabia Ijaz, a Pakistani diplomat, strongly criticized India. She said that a country like India — where hate, mob violence, and unfair treatment of people are common — has no right to talk about protecting others. The UN meeting was about “Responsibility to Protect” (R2P), a global idea meant […]
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 […]
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 […]