US inaugurates first-ever Pakistan Pavilion at Game Developers Conference

Web Desk 02:59 PM | 23 Mar, 2023
US inaugurates first-ever Pakistan Pavilion at Game Developers Conference

SAN FRANCISCO – At the Game Developers Conference (GDC) hosted in San Francisco, California, US Consul General in Lahore William K. Makaneole formally inaugurated the first-ever ‘Pakistan Pavilion,’ a trade booth at which more than 35 Pakistani game developers are showcasing their products to US and international vendors and investors.

The Pavilion, jointly established by a USAID Investment Promotion Activity (IPA) and the Pakistan Software Houses Association (P@SHA), along with corresponding networking meetings will develop partnerships that grow Pakistan’s gaming sector, increase US investment in Pakistan, and further cement the California-Punjab Sister Province/State initiative signed in January.

Consul General Makaneole also formally launched the Green Gaming Challenge Awards, which will support game developing firms registered in Pakistan with up to $100,000 to develop games that create awareness about climate change and highlight ways to mitigate climate-related challenges. The IT gaming sector of Pakistan is growing quickly, and this investment, through a USAID IPA, will increase IT exports from Pakistan and cultivate investment opportunities for international investors in Pakistani mobile gaming firms.

Consul General Makaneole said, “Using games to educate the public about climate change is a great way to address this global concern. Our aim is to encourage development of games that foster awareness about climate change and highlight steps individuals can take to tackle this global challenge. We are proud of the US-Pakistan Green Alliance framework, a partnership which jointly addresses the climate crisis and improves access to renewable energy.”

Addressing the participants via a video message, California State Representative Chris Holden said, “I am delighted that the Green Gaming Challenge Awards are an opportunity to put into action the principles of the California-Punjab Sister State Agreement. We have an opportunity to further deepen our cooperation and enhance trade and investment in the technology sector.”

USAID IPA is strengthening Pakistan's business enabling environment, building the capacities of Pakistani institutions focused on investment promotion, improving the ecosystem of foreign direct investment (FDI), and increasing United States-Pakistan bilateral trade and investment. The project also aims to remove barriers to investment and trade by facilitating Pakistani-led improvements in government regulations and improving the overall investment climate.

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Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on June 8, 2023

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 June 08, 2023 (Thursday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 300 303
Euro EUR 319 322
UK Pound Sterling GBP 371 375
U.A.E Dirham AED 82.6 83.7
Saudi Riyal SAR 79 79.5
Australian Dollar AUD 202 204
Bahrain Dinar BHD 759.46 767.46
Canadian Dollar CAD 227 230
China Yuan CNY 40.28 40.68
Danish Krone DKK 41.09 41.49
Hong Kong Dollar HKD 36.4 36.75
Indian Rupee INR 3.46 3.57
Japanese Yen JPY 1.98 2.06
Kuwaiti Dinar KWD 928.09 937.09
Malaysian Ringgit MYR 61.94 62.54
New Zealand Dollar NZD 173.16 175.16
Norwegians Krone NOK 25.88 26.18
Omani Riyal OMR 742.38 750.38
Qatari Riyal ‎QAR 78.38 79.08
Singapore Dollar SGD 222.5 225
Swedish Korona SEK 26.36 26.65
Swiss Franc CHF 313.87 316.35
Thai Bhat THB 8.21 8.36

Today's gold rates in Pakistan | gold price in Pakistan – June 9, 2023

Gold Rate Today:

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 227,250 on Friday. The price of 10 grams of 24k gold was recorded at Rs194,830.   

Likewise, 10 grams of 22k gold were being traded for Rs178,593 while a single tola of 22-karat gold was being sold at Rs 208,311.

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.

Gold Price in Pakistan: Lahore, Karachi, Islamabad

City Gold Silver
Lahore PKR 227,250 PKR 2125
Karachi PKR 227,250 PKR 2125
Islamabad PKR 227,250 PKR 2125
Peshawar PKR 227,250 PKR 2125
Quetta PKR 227,250 PKR 2125
Sialkot PKR 227,250 PKR 2125
Attock PKR 227,250 PKR 2125
Gujranwala PKR 227,250 PKR 2125
Jehlum PKR 227,250 PKR 2125
Multan PKR 227,250 PKR 2125
Bahawalpur PKR 227,250 PKR 2125
Gujrat PKR 227,250 PKR 2125
Nawabshah PKR 227,250 PKR 2125
Chakwal PKR 227,250 PKR 2125
Hyderabad PKR 227,250 PKR 2125
Nowshehra PKR 227,250 PKR 2125
Sargodha PKR 227,250 PKR 2125
Faisalabad PKR 227,250 PKR 2125
Mirpur PKR 227,250 PKR 2125

Daily Pakistan diligently monitors and updates the current gold rates in Pakistan on a daily basis


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