ShipSigma partners with racer Enaam Ahmed

04:41 PM | 12 May, 2023
ShipSigma partners with racer Enaam Ahmed

INDIANAPOLIS – ShipSigma, an Indianapolis-based shipping intelligence platform that helps high-volume shippers optimize their parcel spend, has announced a new partnership with British Pakistani Enaam Ahmed of Cape Motorsports. 

This upcoming season will mark Enaam Ahmed’s first in the INDYCAR development series after finishing third in the 2022 USF Pro 2000 Championship standings.

Chase Flashman, ShipSigma’s CEO, stated: “I’ve been a fan of Indy car racing for a long time, but I’m a bigger fan of an entrepreneurial mindset. It is exciting to have the opportunity to team up with Enaam, a younger driver, who is so passionate about developing his skills both on and off the track.” He added, “It’s a natural fit for ShipSigma to invest in a young athlete taking risks to achieve his dreams. It’s exactly what I did when I started ShipSigma.” 

Beginning his career in British karting, Ahmed won numerous national and international titles before moving to cars, capturing the MSA Formula Championship rookie of the year title in 2015. Finishing fifth in BRDC British F3 in 2016, he won the series title in 2017 with 13 wins and 18 total podiums. He turned his attention to the U.S. in 2021 and made history in 2022 as he become the first driver from Pakistan to stand on the podium of a race in the very competitive “Road to Indy” ladder.

Web Desk
Web Desk

Daily Pakistan Global Web Desk


Rupee below 290 against US dollar in interbank market

KARACHI – The Pakistani rupee on Tuesday continued its ascent, trading at less than Rs290 against the US dollar in the morning interbank market, primarily due to stringent measures in the financial sector.

The US dollar was valued at Rs289.78 around 9:48 am, as reported by the Forex Association of Pakistan, marking a decrease of Rs1.18 from the previous day’s closing rate of Rs290.86.

This ongoing rise in the value of the rupee follows the crackdown on illegal dollar trading initiated earlier this month, with strong support from the military.

In the open market, the rupee also made gains against the dollar, trading at Rs292 compared to the previous day’s rate of Rs293, according to the Exchange Companies Association of Pakistan.

Saad Bin Naseer, the director of the financial services platform Mettis Global, noted that this marked the 16th consecutive day of appreciation for the PKR, amounting to nearly a 6% increase.

Naseer attributed this surge primarily to administrative measures, stating that it seems the government’s crackdown on speculative elements contributing to rupee depreciation is having an effect.

He also suggested that if this trend persists and the Afghan border remains closed, the rupee could continue to appreciate in the future. However, he emphasized the importance of attracting foreign direct investment (FDI) into export-oriented sectors for long-term stability.

Gold Rate in Pakistan Today – September 26, 2023

Today Gold Rate in Pakistan

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 210,100 on Tuesday. The price of 10 grams of 24k gold was recorded at Rs180,130.

Likewise, 10 grams of 22k gold were being traded for Rs168,730 while a single tola of 22-karat gold was being sold at Rs196,807.

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.

Today Gold Price in Pakistan - 26 September 2023

City Gold Silver
Lahore PKR 210,100 PKR 2,587
Karachi PKR 210,100 PKR 2,587
Islamabad PKR 210,100 PKR 2,587
Peshawar PKR 210,100 PKR 2,587
Quetta PKR 210,100 PKR 2,587
Sialkot PKR 210,100 PKR 2,587
Attock PKR 210,100 PKR 2,587
Gujranwala PKR 210,100 PKR 2,587
Jehlum PKR 210,100 PKR 2,587
Multan PKR 210,100 PKR 2,587
Bahawalpur PKR 210,100 PKR 2,587
Gujrat PKR 210,100 PKR 2,587
Nawabshah PKR 210,100 PKR 2,587
Chakwal PKR 210,100 PKR 2,587
Hyderabad PKR 210,100 PKR 2,587
Nowshehra PKR 210,100 PKR 2,587
Sargodha PKR 210,100 PKR 2,587
Faisalabad PKR 210,100 PKR 2,587
Mirpur PKR 210,100 PKR 2,587


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