Germany to give long term Schengen visas to citizens from this Muslim country

07:10 PM | 5 Oct, 2023
Germany to give long term Schengen visas to citizens from this Muslim country

BERLIN - In a move aimed at strengthening ties between the two countries, Germany has announced to grant Schengen visas valid for five years to Kuwaiti citizens. 

Ambassador of Germany Hans-Christian Freiherr von Reibnitz confirmed the development and said this decision was made ten days ago and is currently in the phase of implementation.

The decision would also alleviate pressure on visa application centers and provide Kuwaiti travelers with the flexibility to visit Germany and other European nations at their convenience.

'Any Kuwaiti citizen can now obtain a Schengen visa for five years as long as his passport is valid,' the ambassador said.

The Schengen visa is a special travel permit that allows individuals to travel freely within the Schengen Area, which comprises 26 European countries that have mutually agreed to abolish internal border controls, effectively creating a single territory for travel purposes. This visa allows travelers to move between Schengen member states without the need for additional visas or passport checks at each border.

One of the key benefits of the Schengen visa is its convenience for tourists and business travelers as it grants access to a diverse range of cultures, landscapes, and experiences across Europe, making it an attractive option for those seeking to explore multiple countries during a single trip. Additionally, it simplifies travel logistics, as visitors can move freely between member states without undergoing time-consuming and repetitive border formalities.

Moreover, the Schengen visa encourages economic and cultural exchange among member countries. It fosters tourism, business collaborations, and cultural interactions, boosting economic growth and understanding between nations. For businesses, it streamlines operations and facilitates cross-border partnerships, promoting a more interconnected European economy.

The Schengen visa is a powerful instrument in fostering unity, cooperation, and economic prosperity within Europe while offering travelers an efficient and enriching way to explore the continent.

 The visa is now serving as a reason of bonding between EU and non EU states like Kuwait as it is expected to increase poeple to poeple contact.


Pakistani rupee registers marginal gain against US Dollar, Euro, Pound, Riyal and Dirham; Check forex rates

Pakistani rupee continued its momentum against the US dollar, and orther currencies in the open market on Thursday, as the local currency also improved in the inter-bank market.

Dollar Rate in Pakistan Today

On Thursday, the US dollar moved down and was being quoted at 283.2 for buying and 286.15 for selling.

Euro comes down to 308 for buying and 311 for selling. British Pound rate dropped to 358.5 for buying, and 362 for selling.

UAE Dirham AED witnessed slight drop and new rate stands at 77.4 whereas the Saudi Riyal remained stable at 76.

Today's currency exchange rates in Pakistan - 7 December 2023

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

Currency Symbol Buying Selling
US Dollar USD 283.2 286.15
Euro EUR 308 311
UK Pound Sterling GBP 358.5 362
U.A.E Dirham AED 77.4 78.1
Saudi Riyal SAR 76 76.8
Australian Dollar AUD 187.2 189
Bahrain Dinar BHD 757.23 765.23
Canadian Dollar CAD 209 211
China Yuan CNY 39.89 40.29
Danish Krone DKK 41.19 41.59
Hong Kong Dollar HKD 36.41 36.76
Indian Rupee INR 3.42 3.53
Japanese Yen JPY 1.39 1.45
Kuwaiti Dinar KWD 921.71 930.71
Malaysian Ringgit MYR 61.02 61.62
New Zealand Dollar NZD 174.54 176.54
Norwegians Krone NOK 26.05 26.35
Omani Riyal OMR 739.62 747.62
Qatari Riyal QAR 78.22 78.92
Singapore Dollar SGD 211 213
Swedish Korona SEK 27.12 27.42
Swiss Franc CHF 324.94 327.44
Thai Bhat THB 8.06 8.21

Gold prices in Pakistan move down despite positive global cues; Check latest rates here

Gold price in Pakistan remained under pressure as the yellow metal moved down despite an upward trend in the international market.

Gold Rates in Pakistan Today - 7 December 2023

On Thursday, the price of a single tola of 24-karat gold stands at Rs217,100 and 10 grams of 24k gold costs Rs186,130. 

Single tola of 22 Karat Gold costs Rs199,000, 21 karat rate for per tola is Rs189,960 and 18k gold rate is Rs162,825.00 for each tola.

In the global market, gold prices hover at around $2026, gaining $8.30 on Thursday.

Today Gold Rate in Pakistan

Today Gold Price in Pakistan (4 September 2023)

City Gold Silver
Lahore PKR 217,100 PKR 2,565
Karachi PKR 217,100 PKR 2,565
Islamabad PKR 217,100 PKR 2,565
Peshawar PKR 217,100 PKR 2,565
Quetta PKR 217,100 PKR 2,565
Sialkot PKR 217,100 PKR 2,565
Attock PKR 217,100 PKR 2,565
Gujranwala PKR 217,100 PKR 2,565
Jehlum PKR 217,100 PKR 2,565
Multan PKR 217,100 PKR 2,565
Bahawalpur PKR 217,100 PKR 2,565
Gujrat PKR 217,100 PKR 2,565
Nawabshah PKR 217,100 PKR 2,565
Chakwal PKR 217,100 PKR 2,565
Hyderabad PKR 217,100 PKR 2,565
Nowshehra PKR 217,100 PKR 2,565
Sargodha PKR 217,100 PKR 2,565
Faisalabad PKR 217,100 PKR 2,565
Mirpur PKR 217,100 PKR 2,565


Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter