Pakistan News

    Saudi One Riyal Rate Pakistan

  • Banks to remit Saudi riyal for Haj

    KARACHI: The State Bank of Pakistan (SBP) on Tuesday allowed banks to remit foreign exchange (Saudi riyal) on behalf of the Haj group organisers (HGO) having allocated quota by the Ministry of Religious Affairs and Interfaith Harmony (MORA) for this year...

    The banks, on being approached, will open a new rupee account in the name of enlisted HGO specifically for the purpose of Haj related remittances to Saudi Arabia...

  • Saudi riyal forwards crash through key 1,000 level to hit record low

    DUBAI: The Saudi Arabian riyal hit a record low in the forwards market on Tuesday, breaching the key 1000-point mark as a fresh slip in oil prices raised fears that the kingdom will eventually scrap or loosen its currency peg to the US dollar...

    One-year dollar/riyal forwards — contracts used by counterparties to lock in a future exchange rate — climbed as high as 1020 points in very volatile trade...

  • 'One manifesto, one symbol, one party': MQM, PSP announce plans for 2018 elections

    The leaders of Muttahida Qaumi Movement (MQM) and the Pak Sarzameen Party (PSP) set aside their bitter rivalry on Wednesday to announce that they were gearing up for the eventual consolidation of their political forces and that they would contest the 2018 general elections under "one name, one manifesto, one symbol and one party...

    ""The modalities of this alliance will be decided in the days to come," MQM Pakistan chief Dr Farooq...

  • Misbah suspended for one Test for over-rate offence

    Pakistan Test captain Misbah-ul-Haq has been suspended for one Test and fined 40 per cent of his match, whereas other players have been fined 20pc of their match fee, for maintaining a slow over-rate during the first Test against New Zealand in Christchurch, ICC reported on Monday...

    Richie Richardson of the Emirates Elite Panel of ICC Match Referees imposed the suspension on Misbah after Pakistan was ruled to be two overs short of...

  • Saudi minister 'not satisfied' with female employment rate

    RIYADH: Saudi Arabia's labour minister is dissatisfied with the level of female employment in the conservative kingdom but their not being allowed to drive is not to blame, he said Tuesday...

    Female Saudi unemployment rose last year to almost 34 per cent while the overall jobless rate for Saudis fell to 11...

  • Pakistan extends support to China's One Belt One Road: Ishaq Dar

    The finance minister also extended unequivocal support to One Belt and One Road — a giant initiative undertaken by China for economic progress and prosperity...

    “Pakistan fully supports the One Belt One Road Initiative," said Dar while expressing his views over the reservations voiced by Indian Finance Minister Arun Jailtly on the vision of connectivity during a debate on Trade, hosted by CNBC...

  • Saudi, UAE foreign ministers arrive in Pakistan on one-day visit

    The foreign minister of the United Arab Emirates (UAE) and Saudi Arabia's state minister for foreign affairs arrived in Islamabad on Wednesday on a one-day official visit to hold talks with the Pakistani civil and military leadership on the regional situation...

    The visit comes at a time when tensions between Pakistan and India are high following New Delhi's decision to strip occupied Kashmir of its special status...

  • One-on-one contest for KP Assembly deputy speaker today

    PESHAWAR: The Pakistan Tehreek-i-Insaf and Pakistan Muslim League-Nawaz are in one-to-one competition for the office of the deputy speaker of the provincial assembly taking place today (Tuesday)...

    Dr Roghani is enjoying the support of the ruling coalition’s partners including Jamaat-i-Islami and Qaumi Watan Party, while Jamiat Ulema-i-Islam-Fazl, Awami National Party and Pakistan People’s Party are supporting Arbab Akbar Hayat... ...

  • One 'agency man' killed, one injured in Badin car collision

    A man died on the spot while another was injured when an unidentified vehicle hit their car at the Mataro Bus Stop near Talhar town on the Badin-Hydeabad road late on Thursday night, police said...

    As a result of the collision, 'Inspector' Imtiaz Khan alias Mumtaz died on the spot while 'Sub-inspector' Saeed Akhtar sustained serious injuries and was shifted to Civil Hospital Hyderabad in a critical state
  • One Belt, One Road

    GEN Joseph Dunford, chairman, US joint chiefs of staff, recently stated at a hearing of the US Senate’s armed services committee: “I think in a globalised world there’s many belts and many roads and no one nation should put themselves in a position of dictating ‘One Belt One Road’...

    That said, the one belt one road also goes through disputed territory … that in itself shows the vulnerability of trying to establish that sort of a...

  • ‘One World One Media’ conference from May 1

    KARACHI: An international media conference titled “One World One Media” to be held in Karachi from May 1 to 3 will be inaugurated by Sindh Governor Dr Ishratul Ibad...

    The conference, to be spread over 16 sessions, will be attended by delegates from over 15 countries including the United States, UK, Canada, Belgium, India, Saudi Arabia, Iran, Kuwait and Afghanistan...

  • One Belt, One Road: a snapshot

    PakistanThe China-Pakistan Economic Corridor was inaugurated in November to link Gwadar port with Kashgar, a city in China’s northwestern Xinjiang province...

    Central to the project in Pakistan is the renovation of the 487-kilometre Karakoram Highway, which is part of China’s only land passage to the Middle East...

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