Lahore DHA attack: CEO of Airlink Moazzam Paracha dies in blast

02:29 PM | 23 Feb, 2017
Lahore DHA attack: CEO of Airlink Moazzam Paracha dies in blast
LAHORE - Chief Executive Officer (CEO) of Airlink has lost his life in Lahore’s Defence Z-block blast, a company official said on Thursday.

Moazzam Paracha came there for food testing as he is set to start another venture by starting a restaurant in Defence Z-block market", he added.

"His demise is considered a major loss for the communication industry," he stated.

The funeral prayers will be offered after Isha prayers.

Airlink is the leading distributor of Huawei and Samsung. Their journey in the telecom industry began with the distribution of PTCL devices. Later, they moved on to distribute Huawei products followed by Samsung. Moazzam Paracha’s ventures weren’t limited to telecom industry as he was also involved in travel and tourism.

He was a major force in driving Airlink to a leading position in the market.

At least eight people were killed and 21 others injured after a blast ripped through an under-construction building in Lahore’s DHA.

The author is working as Editor Digital Media for Daily Pakistan and can be reached @ItsSarfrazAli.


Currency Rates in Pakistan - Pakistani Rupee to US Dollar, Euro, Dirham, Riyal 13 June 2024

Pakistani currency rates against US Dollar and other currencies on June 13, 2024 (Thursday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 277.6 for buying and 280.65 for selling.

Euro's buying rate stands at 296 and selling rate is 299 while British Pound rate is 350.5 for buying, and 353 for selling.

UAE Dirham AED was at 75 and Saudi Riyal at 75.9.

Source: Forex Association of Pakistan. (last update 08:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.6 280.65
Euro EUR 296 299
UK Pound Sterling GBP 350.5 353
U.A.E Dirham AED 75 75.9
Saudi Riyal SAR 73.1 73.85
Australian Dollar AUD 182 184
Bahrain Dinar BHD 740.88 748.88
Canadian Dollar CAD 204 206
China Yuan CNY 38.38 38.78
Danish Krone DKK 40.14 40.54
Hong Kong Dollar HKD 35.66 36.01
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 908.19 917.19
Malaysian Ringgit MYR 59.3 59.9
New Zealand Dollar NZD 170.79 172.79
Norwegians Krone NOK 25.97 26.27
Omani Riyal OMR 723.52 731.52
Qatari Riyal QAR 76.42 77.12
Singapore Dollar SGD 203.5 205.5
Swedish Korona SEK 26.4 26.7
Swiss Franc CHF 309.94 312.44
Thai Bhat THB 7.56 7.71


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