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Saudi-Pakistan Tech House launched in Islamabad to boost digital collaboration

Web Desk 12:51 PM | 7 Mar, 2023
Saudi-Pakistan Tech House launched in Islamabad to boost digital collaboration

ISLAMABAD – Saudi Arabia’s Prince Fahad bin Mansour Al-Saud has launched the Saudi-Pakistan Tech House in the federal capital Islamabad to boost digital collaboration between both the countries.

With aim of creating job opportunities through partnerships with IT firms in South Asian country, the $ 100 million tech house is part of Riyadh’s Vision 2030 strategic framework.

The international tech house was launched months after Prince Fahad revealed his plans during Future Fest. The tech house will be established under ILSA Interactive, a firm co-founded by Prince Fahad and Pakistani entrepreneur Salman Nasir.

Sharing his thoughts at the launching ceremony of the tech house, Prince Fahad bin Mansour called it an honor for him to launch the initiative. He called it a catalyst for greater collaboration and growth between the two Islamic nations.

https://twitter.com/FutureFestPK/status/1632837147828051969

He expressed hope of creating more than 1,000 jobs in Pakistan with over 300 projects with a minimum cost of $100 million in the next five years. Saudi Prince also pinned hope on Pakistan's workforce and startups to form partnerships that would prove to be a game-changer for both sides.

The Saudi government has a huge plan for digital transformation under Vision 2030 plan and has made a firm digital infrastructure for cooperation, he added.

Web Desk
Web Desk

Daily Pakistan Global Web Desk

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Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on May 27, 2023

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 May 27, 2023 (Saturday).

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

Currency Symbol Buying Selling
US Dollar ‎USD 307.9 311.15
Euro EUR 330 333
UK Pound Sterling GBP 381 384.5
U.A.E Dirham AED 84.6 85.4
Saudi Riyal SAR 82.6 83.4
Australian Dollar AUD 201 203
Bahrain Dinar BHD 762.21 770.21
Canadian Dollar CAD 225.5 227.5
China Yuan CNY 40.6 41
Danish Krone DKK 41.39 41.78
Hong Kong Dollar HKD 36.6 36.95
Indian Rupee INR 3.47 3.58
Japanese Yen JPY 2.15 2.2
Kuwaiti Dinar KWD 932.2 941.2
Malaysian Ringgit MYR 62.42 63.02
New Zealand Dollar NZD 176.98 178.98
Norwegians Krone NOK 26.14 26.44
Omani Riyal OMR 744.58 752.57
Qatari Riyal ‎QAR 78.73 79.41
Singapore Dollar SGD 215 217
Swedish Korona SEK 26.73 27.03
Swiss Franc CHF 316.34 318.84
Thai Bhat THB 8.28 8.43

Today's gold rates in Pakistan – May 27, 2023

KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 235,550 on Saturday.The price of 10 grams of 24k gold was recorded at Rs201,950.   

Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,880.

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 235,550 PKR 2,450
Karachi PKR 235,550 PKR 2,450
Islamabad PKR 235,550 PKR 2,450
Peshawar PKR 235,550 PKR 2,450
Quetta PKR 235,550 PKR 2,450
Sialkot PKR 235,550 PKR 2,450
Attock PKR 235,550 PKR 2,450
Gujranwala PKR 235,550 PKR 2,450
Jehlum PKR 235,550 PKR 2,450
Multan PKR 235,550 PKR 2,450
Bahawalpur PKR 235,550 PKR 2,450
Gujrat PKR 235,550 PKR 2,450
Nawabshah PKR 235,550 PKR 2,450
Chakwal PKR 235,550 PKR 2,450
Hyderabad PKR 235,550 PKR 2,450
Nowshehra lPKR 235,550 PKR 2,450
Sargodha PKR 235,550 PKR 2,450
Faisalabad PKR 235,550 PKR 2,450
Mirpur PKR 235,550 PKR 2,450

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