The 2,074 feet-tall skyscraper, making it Asia's tallest building, was completed in 2015. Estimated to cost $2.4 billion, its completion marked the end of a project in the financial district stretching back to 1993.
Visitors are whisking up to the building's viewing tower by the lightning fast elevator, from where they will unrival views of the Bund.
'Need for Speed'
However, the Shanghai Tower is not alone in its need for speed. In the Southern Chinese city of Guangzhou, home to 8.25 million, Hitachi this summer unveiled its fastest elevator in Guangzhou's tallest tower, the CTF, which stands at 1,739 feet tall.
Its lift zooms from floors zero to 95 in an incredible 45 seconds -- or 20 meters per second (65 ft/s).
Jeddah Tower in Saudi Arabia
It's not only China that is faced with the challenge of getting people through ever-taller towers with increasing efficiency.
Reach 1km into the sky, the Jeddah Tower in Saudi Arabia will be the world's tallest building when completed in 2019.
A building so tall, naturally, requires an exceptionally fast elevator.
One third of the weight of traditional lift ropes, it also makes super speeds a reality.
The ultrarope lift will travel at "over 33 feet per second", and "reach the highest liveable floor in the world in 52 seconds," according to Finnish maker Kone. When finally unveiled, it could easily be faster than Hitachi's creation.
Courtesy: CNN
The writer is a member of the staff.
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 June 4, 2023 (Sunday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency | Symbol | Buying | Selling |
US Dollar | USD | 298.9 | 302.15 |
Euro | EUR | 321 | 325 |
UK Pound Sterling | GBP | 375.5 | 380 |
U.A.E Dirham | AED | 82 | 83 |
Saudi Riyal | SAR | 80 | 81.2 |
Australian Dollar | AUD | 202 | 204 |
Bahrain Dinar | BHD | 758.24 | 766.24 |
Canadian Dollar | CAD | 228 | 230 |
China Yuan | CNY | 40.18 | 40.58 |
Danish Krone | DKK | 41.16 | 41.56 |
Hong Kong Dollar | HKD | 36.39 | 36.74 |
Indian Rupee | INR | 3.45 | 3.56 |
Japanese Yen | JPY | 2 | 2.08 |
Kuwaiti Dinar | KWD | 927 | 936 |
Malaysian Ringgit | MYR | 61.94 | 62.54 |
New Zealand Dollar | NZD | 173.16 | 175.16 |
Norwegians Krone | NOK | 25.67 | 25.97 |
Omani Riyal | OMR | 740.5 | 748.5 |
Qatari Riyal | QAR | 78.37 | 79.07 |
Singapore Dollar | SGD | 220 | 222 |
Swedish Korona | SEK | 26.36 | 26.66 |
Swiss Franc | CHF | 314.07 | 316.57 |
Thai Bhat | THB | 8.21 | 8.36 |
KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 230,800 on Sunday. The price of 10 grams of 24k gold was recorded at Rs197,190.
Likewise, 10 grams of 22k gold were being traded for Rs180,756 while a single tola of 22-karat gold was being sold at Rs 210,832.
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.
City | Gold | Silver |
Lahore | PKR 230,800 | PKR 2125 |
Karachi | PKR 230,800 | PKR 2125 |
Islamabad | PKR 230,800 | PKR 2125 |
Peshawar | PKR 230,800 | PKR 2125 |
Quetta | PKR 230,800 | PKR 2125 |
Sialkot | PKR 230,800 | PKR 2125 |
Attock | PKR 230,800 | PKR 2125 |
Gujranwala | PKR 230,800 | PKR 2125 |
Jehlum | PKR 230,800 | PKR 2125 |
Multan | PKR 230,800 | PKR 2125 |
Bahawalpur | PKR 230,800 | PKR 2125 |
Gujrat | PKR 230,800 | PKR 2125 |
Nawabshah | PKR 230,800 | PKR 2125 |
Chakwal | PKR 230,800 | PKR 2125 |
Hyderabad | PKR 230,800 | PKR 2125 |
Nowshehra | PKR 230,800 | PKR 2125 |
Sargodha | PKR 232,500 | PKR 2125 |
Faisalabad | PKR 232,500 | PKR 2125 |
Mirpur | PKR 232,500 | PKR 2125 |
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