Search

SIBF 2020: Sharjah Publishing City offers investors a comprehensive package of business incentives

In line with Sharjah’s efforts to support the book industry globally

10:52 PM | 12 Nov, 2020
SIBF 2020: Sharjah Publishing City offers investors a comprehensive package of business incentives
SIBF 2020: Sharjah Publishing City offers investors a comprehensive package of business incentives
SIBF 2020: Sharjah Publishing City offers investors a comprehensive package of business incentives
SIBF 2020: Sharjah Publishing City offers investors a comprehensive package of business incentives
SIBF 2020: Sharjah Publishing City offers investors a comprehensive package of business incentives
SIBF 2020: Sharjah Publishing City offers investors a comprehensive package of business incentives

SHARJAH – In keeping with its commitment to support publishers and investors, and bolster the book industry, the Sharjah Publishing City Free Zone (SPCFZ), has brought a brand new array of incentive packages and attractive services for its existing and potential clients to the 39th Sharjah International Book Fair (SIBF), which runs till November 14, 2020 at Sharjah Expo Centre.

An integrated business incentives plan 

In line with the directives of H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah and Chairman of Sharjah Executive Council (SEC), and SBA’s efforts to promote the sector, SPC-Free Zone is offering discounts of up to 35 percent a range of its services offerings. These discounts will be reflected in business packages purchased by new customers, fee charged for independent licenses, as well as rental fees. Existing customers will also benefit from various options SPC-Free Zone is offering them, including rescheduling of payments, exemption of rental fees, easy installment plans, among a range of services.

Supporting Lebanon 

In response to an initiative launched by Sheikha Bodour bint Sultan Al Qasimi, Vice President of International Publishers Association (IPA), to devastating loses businesses suffered in the wake of the explosion in Beirut, SPC-Free Zone announced a generous relief offer for Lebanese citizens and investors seeking to set up their business in Sharjah, entailing a yearlong rent waiver. 

Commenting on these initiatives, Salim Omar Salim, Director of SPC-Free Zone, said: “With these timely offerings, SPCFZ reiterates its commitment to both regional and international businesses and investors, in times of an unprecedented crisis. We have come up with actionable solutions to help businesses, following the directives of HH Sheikh Dr. Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, as well as HH The Crown Prince. Through these efforts, we continue to promote Sharjah as a hub of culture and strengthen its’s global appeal as a strategically located incubators for writers and book makers.”

“We hope publishing industry players and those in allied businesses will avail of these special offerings to continue growing and flourishing”, he added emphasising that their success will reflect on a more robust culture of knowledge and learning needed to fuel comprehensive, sustainable development.

SPC-Free Zone was established in 2017 as the world’s very first printing and publishing free zone offering the book and larger creative industries as well as allied businesses the opportunity to capitalise on an array of benefits emerging from operating within a free zone environment, including a strategic location at the epicentre of the globe with all the advantages of being able to serve the MENA, African and Asian region’s markets.

Advertisement

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

Advertisement

Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter