U Bank inks MoU with National Science & Technology Park

10:58 AM | 2 May, 2024
U Bank inks MoU with National Science & Technology Park

ISLAMABAD—To promote innovation and entrepreneurship in Pakistan, the National Science & Technology Park (NSTP) at NUST and U Microfinance Bank (U Bank) have agreed to collaborate on NSTP's flagship programmes, including the Hatch8 Incubation Programme and Rising Stars Startup Competition. 

The Rector of NUST, Engr Javed Mahmood Bukhari, and the President & CEO of U Bank, Mohamed Essa Al Taheri, recently signed a Memorandum of Understanding (MoU) to formalize the partnership.

Mr. Mohamed Essa Al Taheri, President & CEO – U Bank, apprised the Rector of various innovative fin-tech initiatives undertaken by his organisation. He also commended NUST for its myriad of nation-building initiatives, world-class educational facilities, and opportunities it offers to nurture diverse minds and drive positive societal change.

Rector NUST appreciated U Bank's commitment and professionalism and expressed confidence that the newly forged partnership would go a long way in nurturing the next generation of innovators and entrepreneurs.   

Both parties also discussed and devised strategies to improve student, parent, and staff well-being, including establishing an endowment fund for underprivileged students.

Daily Pakistan Global Web Desk


Currency Rates in Pakistan - Pak Rupee to US Dollar, Euro, Pound, Dirham, Riyal - 25 June 2024

Pakistani rupee rates against US Dollar and other currencies on June 25, 2024 (Tuesday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 277.5 for buying and 280.65 for selling.

Euro's buying rate stands at 293.5 and selling rate is 297.2 while British Pound rate is 348.5 for buying, and 351.45 for selling.

UAE Dirham AED was at 75.05 and Saudi Riyal at 72.95.

Currency Rates in Pakistan

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.5 280.65
Euro EUR 293.5 297.2
UK Pound Sterling GBP 348.5 351.45
U.A.E Dirham AED 75.05 75.85
Saudi Riyal SAR 72.95 73.85
Australian Dollar AUD 182.2 184
Bahrain Dinar BHD 740.58 748.58
Canadian Dollar CAD 203 205
China Yuan CNY 38.35 38.75
Danish Krone DKK 39.91 40.31
Hong Kong Dollar HKD 35.67 36.02
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.9 1.98
Kuwaiti Dinar KWD 907.74 916.74
Malaysian Ringgit MYR 59.07 59.67
New Zealand Dollar NZD 170.38 172.38
Norwegians Krone NOK 26.38 26.68
Omani Riyal OMR 723.26 731.26
Qatari Riyal QAR 76.5 77.2
Singapore Dollar SGD 72.95 73.85
Swedish Korona SEK 26.5 26.8
Swiss Franc CHF 311.53 314.03
Thai Bhat THB 7.58 7.73


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