Saudi Arabia opens border with Qatar after prolonged crisis

12:42 AM | 5 Jan, 2021
Saudi Arabia opens border with Qatar after prolonged crisis

Saudi Arabia Tuesday 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. 

The announcement comes ahead of a Gulf leaders' summit that is set to be held in Al-Ula on Tuesday.

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.


Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 26 Feb 2024

Pakistani currency remains stable against US dollar in the open market on February 26, 2024 (Monday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.5 for buying and 282.55 for selling.

Euro currently stands at 302 for buying and 305 for selling while British Pound rate stands at 352.5 for buying, and 356 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.35.

Today’s currency exchange rates in Pakistan - 26 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.5 282.55
Euro EUR 302 305
UK Pound Sterling GBP 352.5 356
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.35 75.1
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.88 751.88
Canadian Dollar CAD 207 209
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.76 36.11
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 908.79 917.79
Malaysian Ringgit MYR 58.6 59.2
New Zealand Dollar NZD 171.68 173.68
Norwegians Krone NOK 26.43 26.73
Omani Riyal OMR 726.53 734.53
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207 209
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 317.87 320.37
Thai Bhat THB 7.79 7.94


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