Within the geopolitical landscape of the Middle East, the Iran-backed Iraqi armed group known as Nujaba issued a declaration on Friday, reaffirming its steadfast commitment to conducting offensive operations against US forces stationed in the region until the resolution of the ongoing Gaza conflict and the complete withdrawal of American troops from Iraqi soil. This…
On Friday, February 2, 2024, the exchange rate of one US Dollar against Pakistani rupees stood at Rs 279.6 in both the local and open market, with a selling rate of Rs 281.8. Please note that exchange rates may fluctuate depending on the location and the specific Exchange Company or bank involved in the transaction….
In a meeting on February 01, 2024, the Board of Directors of Bank Alfalah Limited (BAFL) approved the bank’s financial results for the fiscal year ending December 31, 2023. Bank Alfalah exhibited outstanding performance in 2023, achieving significant milestones such as surpassing 1,000 branches and Rs. 2 Trillion in deposits, thereby enhancing its industry standing…
The IMF said that the world’s economy is expected to grow by 3.1 percent in 2024, which is a bit better than what they thought before. This is because things are getting a little better in the US and China, and prices are not going up as fast as they thought they would. The chief…
On Thursday, February 1, 2024, one US Dollar could be exchanged for about 279.5 Pakistani rupees. If you wanted to sell a US Dollar, you could get around 281.7 rupees for it. Remember, these rates might change depending on where you are and which bank or company you use for the exchange. Below, you can…
Gold prices in Pakistan experienced an increase in sync with the global market on Thursday, marking an upward trend. As reported by the Sarafa Association, the price of gold per tola surged by Rs800, reaching a closing value of Rs216,300. Similarly, the price for 10 grams of gold rose by Rs686, settling at Rs185,442. Simultaneously,…
The Ministry of Energy (Petroleum Division), along with major Oil, Gas, and Mineral companies, will host a two-day national career expo next Wednesday. Named “Fuelling Futures,” the 2024 Career Expo aims to connect students with opportunities in the Oil, Gas, and Mineral sectors, promoting awareness and bridging the gap between them and companies. The expo…
In Karachi, on Wednesday, January 31, 2024, the exchange rate for one US Dollar in the local and open market stood at Rs 279.8, with a selling rate of Rs 281.5. It’s important to note that exchange rates may fluctuate based on factors such as location and the specific exchange company or bank involved in…
PTCL, the biggest tech company in Pakistan, and DE-CIX, a top Internet exchange operator worldwide, celebrated the opening of ‘Pakistan Internet Exchange (PIE) powered by DE-CIX.’ It’s the first neutral internet hub in the country. This hub sits in the PTCL data center in Karachi. It’s managed by DE-CIX and uses their advanced setup. The…
In Karachi, the local gold market experienced a notable uptick on Tuesday, reflecting the upward trajectory seen in global gold prices. According to reports from the Sarafa Association, the price per tola surged by a significant Rs700, reaching an impressive Rs216,100, while the rate for 10 grams of gold saw a substantial increase of Rs600,…