PITB & PSEB to work on capacity building in ICT sector as MoU signed

07:41 PM | 1 Jul, 2021
PITB & PSEB to work on capacity building in ICT sector as MoU signed

Punjab Information Technology Board (PITB) and Pakistan Software Export Board (PSEB) have signed an MoU for the facilitation and promotion of local IT industry, startups and freelancers.

The ceremony, presided over by Minister for IT and Higher Education Punjab Raja Yassir Humayun Sarfraz as the chief guest, was held at Arfa Software Technology Park and the MoU was signed by Chairman PITB Azfar Manzoor and MD PSEB Osman Nasir. PITB DG e-Governance Sajid Latif, Director PSEB Sulman Hasan and other senior officials were also present at the occasion.  

According to the MoU, PSEB and PITB will collaborate on promotion of local IT industry, entrepreneurship and incubation center development programs. The two organizations will also collaborate on soft skills, language, and technology training programs for ICT companies across the province.

Speaking at the occasion Minister for IT and Higher Education Punjab Raja Yassir Humayun Sarfraz stated that such collaborations lead to lucrative opportunities and greater ICT interventions. “Strengthening the freelance industry through ICT initiatives would help pave the path to economic stability and national prosperity,” he commented. 

“PITB will work closely with PSEB to market and extend all possible support to the freelancing talent and start-ups in Punjab through PITB’s initiatives while initiating new projects as well. We will also work on capacity building of local entrepreneurs through business and sales training activities,” Chairman PITB Azfar Manzoor stated.  

Appreciating PITB’s role in developing the IT and freelance industry in Pakistan, MD PSEB Osman Nasir said that PSEB shall market and extend all possible support to the freelancing talent and start-ups in Punjab.

The two organizations aim to work on transfer of knowledge in the felid of IT. They would also work on increasing the academia and industry linkages so that both academia and industry can better understand each other’s needs.


Pakistani rupee inches up against US dollar, Euro, Pound, Riyal and Dirham; Check latest rates here

Pakistani rupee witnessed upward trajectort against US dollar and other currencies amid positive economic cues.

Dollar Rate in Pakistan Today

On Wednesday, the US dollar moved down and was being quoted at 283.7 for buying and 286.75 for selling.

Euro remained stable at 309 for buying and 312 for selling. British Pound rate increased to 361 for buying, and 364 for selling.

UAE Dirham AED dropped to 77.6 whereas the Saudi Riyal rate stands at 76.

Today's currency exchange rates in Pakistan - 6 December 2023

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

Currency Symbol Buying Selling
US Dollar USD 283.7  286.75 
Euro EUR 309  312 
UK Pound Sterling GBP 361  364 
U.A.E Dirham AED 77.6 78.3
Saudi Riyal SAR 76 76.8
Australian Dollar AUD 187.72 188.22
Bahrain Dinar BHD 758.58 766.58
Canadian Dollar CAD 209 211
China Yuan CNY 39.93 40.33
Danish Krone DKK 41.41 41.81
Hong Kong Dollar HKD 36.49 36.84
Indian Rupee INR 3.42 3.53
Japanese Yen JPY 1.49 1.56
Kuwaiti Dinar KWD 923.13 932.13
Malaysian Ringgit MYR 60.97 61.57
New Zealand Dollar NZD 175.89 177.89
Norwegians Krone NOK 26.68 26.98
Omani Riyal OMR 740.01 748.01
Qatari Riyal QAR 78.36 79.06
Singapore Dollar SGD 211 213
Swedish Korona SEK 27.45 27.75
Thai Bhat THB 8.09 8.24

Gold price sees major drop in Pakistan; Check today gold rates - 6 Dec 2023

KARACHI – Gold prices in the local market continue to decline in line with the international market.

Gold Rates in Pakistan Today - 6 December 2023

On Wednesday, the price of a single tola of 24-karat gold stands at Rs219,400 and 10 grams of 24k gold costs Rs188,100. 

Each tola for 24 karat is Rs216,700, 22 Karat is Rs198,640, and 21 karat rate per tola is Rs189,613 and 18k gold rate is Rs162,525.00 for single tola.

In the global market, the precious metal moved down, and hovers around $2023 per ounce after drop of around $10.

Today Gold Rate in Pakistan

City Gold Silver
Lahore PKR 219,400 PKR 2,625
Karachi PKR 219,400 PKR 2,625
Islamabad PKR 219,400 PKR 2,625
Peshawar PKR 219,400 PKR 2,625
Quetta PKR 219,400 PKR 2,625
Sialkot PKR 219,400 PKR 2,625
Attock PKR 219,400 PKR 2,625
Gujranwala PKR 219,400 PKR 2,625
Jehlum PKR 219,400 PKR 2,625
Multan PKR 219,400 PKR 2,625
Bahawalpur PKR 219,400 PKR 2,625
Gujrat PKR 219,400 PKR 2,625
Nawabshah PKR 219,400 PKR 2,625
Chakwal PKR 219,400 PKR 2,625
Hyderabad PKR 219,400 PKR 2,625
Nowshehra PKR 219,400 PKR 2,625
Sargodha PKR 219,400 PKR 2,625
Faisalabad PKR 219,400 PKR 2,625
Mirpur PKR 219,400 PKR 2,625


Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter