ISLAMABAD – Pakistan welcomed the decision by the Kingdom of Saudi Arabia and the State of Qatar to reopen the land, air and sea borders between the two countries.
“We also appreciate other steps being taken by the countries of the Gulf Cooperation Council (GCC), which will contribute to resolution of outstanding issues between the countries of the organization persisting for almost four years,” a statement issued by the Foreign Office.
Pakistan lauds the positive role played by the Emir of Kuwait towards the resolution of the differences between the countries of the GCC. His persistent and sincere efforts, and cooperation of the GCC countries, led to this important and amicable outcome.
“We hope that the GCC Summit, being held today in Al-Ula, will further build on these encouraging developments and lead to enhanced confidence and cooperation among the countries of the organization,” it added.
Pakistan continues to accord high importance to its relationship with the Gulf Cooperation Council, as well as its bilateral relations with all GCC countries.
Earlier today, Saudi Arabia opened its land borders with Qatar to resolve a long-standing political dispute led by Riyadh and its allies.
The development happened on the eve of the Gulf Cooperation Council (GCC) summit. and could help ending a three-year-old conflict, reported Al-Jazeera.
Earlier, Kuwaiti Foreign Minister Amhad Nasser Al Sabah announced that Riyadh would be opening its airspace and land and sea borders for Qatar starting from this evening.
He also said that Kuwaiti Emir Sheikh Nawaf Al Ahmad Al Sabah spoke to Qatar's Emir Sheikh Tamim bin Hamad Al Thani and Saudi Crown Prince Mohammed bin Salman, adding that both the sides have expressed their keen for reunification.
All the three leaders are to meet and sign a statement to revamp brotherly relations.
In mid-2017, Saudi Arabia, United Arab Emirates (UAE), Egypt and Bahrain had imposed a commercial and diplomatic blockade on Qatar, closed land borders and blocked Qatar’s airspace.
These four Arab nations imposed 13 demands to return to normal with Doha, including ceasing its alleged support for terror groups, a shutdown of a Turkish military base, closure of the Al-Jazeera TV network and scaling down contacts with Iran.
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 1, 2023 (Wednesday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||330.48||331.18|
|Hong Kong Dollar||HKD||33.72||34.07|
|New Zealand Dollar||NZD||171.35||173.35|
KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs202,000 on Wednesday. The price of 10 grams of 24k gold was recorded at Rs173,190.
Likewise, 10 grams of 22k gold were being traded for Rs164,500 while a single tola of 22-karat gold was being sold at Rs 179,100.
Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.
|Lahore||PKR 202,000||PKR 2,390|
|Karachi||PKR 202,000||PKR 2,390|
|Islamabad||PKR 202,000||PKR 2,390|
|Peshawar||PKR 202,000||PKR 2,390|
|Quetta||PKR 202,000||PKR 2,390|
|Sialkot||PKR 202,000||PKR 2,390|
|Attock||PKR 202,000||PKR 2,390|
|Gujranwala||PKR 202,000||PKR 2,390|
|Jehlum||PKR 202,000||PKR 2,390|
|Multan||PKR 202,000||PKR 2,390|
|Bahawalpur||PKR 202,000||PKR 2,390|
|Gujrat||PKR 202,000||PKR 2,390|
|Nawabshah||PKR 202,000||PKR 2,390|
|Chakwal||PKR 202,000||PKR 2,390|
|Hyderabad||PKR 202,000||PKR 2,390|
|Nowshehra||PKR 202,000||PKR 2,390|
|Sargodha||PKR 202,000||PKR 2,390|
|Faisalabad||PKR 202,000||PKR 2,390|
|Mirpur||PKR 202,000||PKR 2,390|