UAE-Israel Deal and Options for Pakistan

01:54 PM | 17 Aug, 2020
UAE-Israel Deal and Options for Pakistan

UAE-Israel deal is hailed as a huge development and historic deal by international media which has the potential to cause long term effects. Israel is a developed country having excellence in many fields especially her technological advancement is appreciated in the whole world and despite its strong GDP it still needs legitimization in form of recognition by different countries that are the reason Trump is trying hard to make a level playing field for America’s seasoned ally; to get some point-scoring and again erecting his image of a successful deal maker which can benefit him in upcoming elections.

Whatever Trump’s motive is behind the mediation, the successful deal has many implications in the times to come especially for the people of Palestine. Before the deal a Palestine-led movement of“Boycott, Divestment, and Sanction (BDS)” was practiced against Israel to which every Muslim country was considered as a part, however, now things are turning another way round because earlier Jordan and Egypt recognized Israel and now UAE has acknowledged its existence for getting some national interests to be fulfilled.

However, it has repercussions for Palestine because Netanyahu has said that he has delayed the plan to get the Palestinian land but it’s still on his tables later, he has all intentions to accomplish it. This declaration has not caused any disturbance for Arab leaders because in this century, it can be seen that the kings of Gulf countries are somehow inclined to get an alternative source of earning, other than their traditional resources so that they may compete in the modern world. In this pursuit, they seem to be indulged to such a level that they do not care about traditions, religious duties, or humanitarian grounds.

Previously, Saudi Arabia preferred India for the investment of 100 billion dollars instead of any other country despite its bad record of Human rights in occupied Kashmir. Adding more heat to it, they said that Kashmir is the part of India rather than a disputed territory. UAE endowed Modi with its highest civilian award. Such developments show that in the international arena, only national interest prevails other than emotionality or religious affiliations. If the Arabs are seeing benefits in Israel or any other secular nation nobody can convince them to tread the path of tradition or religion.

The only language which is understandable on the international level is the language of interests and money.

So, the ruling elite of Pakistan need to realize this fact and instead of portraying the beliefs of brotherhood, fraternity and religion there is a need to realize that they have to come out of their ever-present national debt crisis without the help of so-called “Islamic Brethren” by generating their own economic means sufficient enough to meet the needs of the country. So that it may not need to spread hands in front of others to get debt. Only then they will be in the position to propagate any ideology because without a strong economy all such beliefs are being perceived as hollow slogans.

Pakistan can never support UAE because it cannot propagate two set of ideologies for one similar kind of issue. If we talk about the rights of Kashmiri people how can we withdraw from the demand of rights of the people of Palestine?

Nor our people will let our government to do so. From the decades’ indoctrination people have learned that the problem of Palestine is their problem from a wider lens of the Muslim ummah.

So, the government is neither in a position to normalise its relations with Israel nor it is desired because it is trapped in its own mantra of the Muslim ummah and rights of Palestinians. No political government is in the position to bear the backlash of the people even when they’ll even think about such development of relations. However, still political elite need to come out of their delusion that they can influence the international relations on the basis of religion or ideology because it has become a weaker influencer in Foreign Policy in current circumstances, nor they can make the King happy with driving a car by the PM. International politics is not that populist even if Imran Khan wants to show his friendly and brotherly behavior however, the leaders need business partnerships which could help them in getting out of their dependence on oil and help them in completing the world which we don’t have. These are our leaders who are not careful and vigilant about the future of the coming generations. 

Whatever kind of criticism we do about the decision of the UAE or Saudi Arabia, they are setting the directions right for their coming generations because it’s an era of technology and Israel has world’s best technology and in this modern world, they need strong economic ties and security rather than a hollow relationship which has nothing to offer.

 Pakistan need to understand this fact and become economically independent so that it can attract brethren Islamic countries by fulfilling their needs.

The author is a political analyst and researcher. Currently, pursuing her degree in research from UHS.


Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 26 Feb 2024

Pakistani currency remains stable against US dollar in the open market on February 26, 2024 (Monday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.5 for buying and 282.55 for selling.

Euro currently stands at 302 for buying and 305 for selling while British Pound rate stands at 352.5 for buying, and 356 for selling.

UAE Dirham AED hovers at 76.1 whereas the Saudi Riyal saw slight increase, with new rates at 74.35.

Today’s currency exchange rates in Pakistan - 26 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.5 282.55
Euro EUR 302 305
UK Pound Sterling GBP 352.5 356
U.A.E Dirham AED 76.1 76.8
Saudi Riyal SAR 74.35 75.1
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.88 751.88
Canadian Dollar CAD 207 209
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.76 36.11
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 908.79 917.79
Malaysian Ringgit MYR 58.6 59.2
New Zealand Dollar NZD 171.68 173.68
Norwegians Krone NOK 26.43 26.73
Omani Riyal OMR 726.53 734.53
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207 209
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 317.87 320.37
Thai Bhat THB 7.79 7.94


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