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Pakistan welcomes 'high-level' Saudi delegation for investment talks

08:48 AM | 6 May, 2024
Pakistan welcomes 'high-level' Saudi delegation for investment talks

ISLAMABAD – Saudi delegation comprising top businessmen landed in Pakistan's capital as government aimed to boost Pak-Saudi economic ties.

The delegation led by heads of over thirty prominent Saudi companies will held detailed talks with Pakistani authorities to forge robust partnerships and solidify investments across Pakistan's economy.

The visiting dignitaries will participate in three-day Pakistan-Saudi Arabia investment conference starting in Islamabad from today.

This visit follows a recent delegation visit aimed at enhancing bilateral ties. Saudi Foreign Minister Prince Faisal bin Farhan Al Saud expressed confidence that the visit would bring significant benefits to both countries, particularly in untapped economic development areas.

Talks were initiated to include a new refinery project for export purposes and improving food security. The goal is to connect Pakistani talent with international capital and investment, particularly in the IT sector.

More to follow...
 
 
 
 
 
 

Daily Pakistan Global Web Desk

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Currency Rates in Pakistan Today - Pak Rupee to US Dollar, Euro, Dirham, Riyal 19 May 2024

Pakistani currency rates against US Dollar and other currencies on May 18, 2024 (Saturday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.35 for selling.

Euro stands at 297 for buying and 299.5 for selling while British Pound rate is 348.5 for buying, and 352 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 19 May 2024

Currency Symbol Buying Selling
US Dollar USD 277.4 280.35
Euro EUR 297 299.5
UK Pound Sterling GBP 348.5 352
U.A.E Dirham AED 75.25 76
Saudi Riyal SAR 73.5 74.25
Australian Dollar AUD 181 183
Bahrain Dinar BHD 747.77 755.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.96 36.31
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 913.28 922.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 169.45 171.45
Norwegian Krone NOK 25.67 25.97
Omani Riyal OMR 730.59 738.59
Qatari Riyal QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 309.01 311.51
Thai Baht THB 7.57 7.72

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