DUBAI – Oman's Civil Aviation Authority (CAA) on Thursday opened its airspace for all civilian airlines, a move that will enable Israeli carriers to use the Saudi-Oman corridor that will shorten the flight route to some Asian destinations.
Last year, Saudi Arabia announced to open its airspace for all civilian aircraft but the Israeli airlines could not use the route due to restriction from Oman that does not recognised Israel due to the Palestine issue.
"Enforcing international and local requirements against discrimination in dealing with civilian aircraft, the Civil Aviation Authority confirms that the sultanate's airspace is open to all carriers that meet the requirements of overflying," the Oman’s CAA said in a statement on Twitter.
Meanwhile, Israeli Foreign Minister Eli Cohen has welcomed the decision of Oman's ruler Sultan Haitham bin Tariq al-Said and described it as a "historic decision that will shorten the route to Asia, lower costs for Israelis and help Israeli airlines be more competitive".
The corridor will not only cut the flight route, the Israeli flag carrier El Al (ELAL.TA) said, adding that it would now consider opening new routes to Australia and restarting flights to India.
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 29, 2023 (Monday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||381||384.5|
|Hong Kong Dollar||HKD||36.6||36.95|
|New Zealand Dollar||NZD||176.98||178.98|
KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 235,800 on Monday. The price of 10 grams of 24k gold was recorded at Rs202,160.
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.
|Lahore||PKR 235,800||PKR 2,505|
|Karachi||PKR 235,800||PKR 2,505|
|Islamabad||PKR 235,800||PKR 2,505|
|Peshawar||PKR 235,800||PKR 2,505|
|Quetta||PKR 235,800||PKR 2,505|
|Sialkot||PKR 235,800||PKR 2,505|
|Attock||PKR 235,800||PKR 2,505|
|Gujranwala||PKR 235,800||PKR 2,505|
|Jehlum||PKR 235,800||PKR 2,505|
|Multan||PKR 235,800||PKR 2,505|
|Bahawalpur||PKR 235,800||PKR 2,505|
|Gujrat||PKR 235,800||PKR 2,505|
|Nawabshah||PKR 235,800||PKR 2,505|
|Chakwal||PKR 235,800||PKR 2,505|
|Hyderabad||PKR 235,800||PKR 2,505|
|Nowshehra||PKR 235,800||PKR 2,505|
|Sargodha||PKR 235,800||PKR 2,505|
|Faisalabad||PKR 235,800||PKR 2,505|
|Mirpur||PKR 235,800||PKR 2,505|
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