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Saudi Arabia 'allows' Israeli flights to use its airspace

Web Desk 05:26 PM | 1 Dec, 2020
Saudi Arabia 'allows' Israeli flights to use its airspace

TEL AVIV – Saudi Arabia has reportedly permitted Israeli airlines to operate flights for the United Arab Emirates (UAE) using its airspace, the Israeli media claimed on Tuesday.

It comes a day after Saudi officials and White House senior adviser Jared Kushner held talks in the Gulf kingdom that has so far not recognised Israel due to the Palestine conflict. According to a report in i24News, the Tel Aviv administration had asked Washington to persuade Saudi Arabia to allow use of its airspace and Kushner stepped in.

The route will shorten the distance between Tel Aviv and Abu Dhabi by half for the Israeli flights, the report added.

Under the exclusive permission, it further said, the Israeli airliners can use the airspace only for flights to the UAE and not for other destinations.

In October, the UAE General Civil Aviation Authority inked a deal with the Israeli Civil Aviation Authority on air transport services.

In late November, UAE’s flydubai commenced direct flights to Tel Aviv, weeks after the Emirates and Israel signed the US President Donald Trump-brokered deal to normalise bilateral relations in September.

Alike Palestinians, Muslims around the world have widely condemned the Arab-Israeli handshakes.

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Web Desk

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KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on February 8, 2023 (Wednesday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 276.9 280.15
Euro EUR 296.12 296.74
UK Pound Sterling GBP 331.78 332.48
U.A.E Dirham AED 75.06 75.36
Saudi Riyal SAR 73.48 73.79
Australian Dollar AUD 190.31 192.71
Bahrain Dinar BHD 732.23 740.23
Canadian Dollar CAD 205.22 207.42
China Yuan CNY 40.72 41.12
Danish Krone DKK 39.92 40.32
Hong Kong Dollar HKD 35.08 35.45
Indian Rupee INR 3.35 3.46
Japanese Yen JPY 2.5 2.54
Kuwaiti Dinar KWD 900.32 909.32
Malaysian Ringgit MYR 64.65 65.25
New Zealand Dollar NZD 174.19 176.18
Norwegians Krone NOK 27.12 27.41
Omani Riyal OMR 715.11 723.11
Qatari Riyal ‎QAR 75.64 76.34
Singapore Dollar SGD 208.03 210.03
Swedish Korona SEK 26.1 26.4
Swiss Franc CHF 297.31 299.81
Thai Bhat THB 8.25 8.4

KARACHI – Gold prices fell on Wednesday for the third straight day in local markets, after hitting aan all-time high in previous week.

The per tola price of 24 carats gold in Pakistan dropped by Rs2,000 to settle at Rs198,000 while the price of 10 grams decreased by Rs1715 to reach Rs169753.

On Monday, the gold price witnessed a drop of Rs200 per tola to close at Rs204,300.

In the international market, the commodity witnessed an upward trend as per ounce price reached to $1,880 after an increase of $11 dollars.

https://en.dailypakistan.com.pk/08-Feb-2023/pakistani-rupee-registers-gains-against-dollar-amid-imf-talks

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