Uber invited to partner with Pakistani banks

Muhammad Irfan 11:38 PM | 24 Jan, 2018

DAVOS - Prime Minister Shahid Khaqan Abbasi met Dara Khowsroshahi, CEO of Uber Technologies Inc. at the World Economic Forum (WEF) in Davos on Wednesday.

The prime minister appreciated Uber for spearheading the model of a “sharing economy” and invited Uber to partner with Pakistani banks and the Prime Minister’s Youth Program to help drivers in financing vehicles for Uber.

Avenues and opportunities regarding effective participation by Uber in Pakistan’s economy in a meaningful manner were also discussed during the meeting. The Prime Minister assured them that the market holds a lot of potential for them and can provide the commuters added value for money.

MoS for Information Technology Anusha Rehman, Special Assistant to PM Ali Jehangir Siddiqui and senior government officials were also present.

Uber Technologies Inc. is a global technology company, operational in 633 cities. It launched operations in Pakistan in March 2016 and is operational in 7 cities.

Muhammad Irfan

The writer is a staff member. He has been affiliated with Pakistan's leading English newspapers and worked as News Producer at FM 107.4. Death (as...he believes...life is a station, and death is a longest journey from seen to ...

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Forex

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 February 8, 2023 (Wednesday).

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

Currency	Symbol	Buying	Selling
US Dollar	‎USD	275.15	278.15
Euro	EUR	296.12	296.74
UK Pound Sterling	GBP	331.78	332.48
U.A.E Dirham	AED	75.06	75.36
Saudi Riyal	SAR	73.48	73.79
Australian Dollar	AUD	190.31	192.71
Bahrain Dinar	BHD	732.23	740.23
Canadian Dollar	CAD	205.22	207.42
China Yuan	CNY	40.72	41.12
Danish Krone	DKK	39.92	40.32
Hong Kong Dollar	HKD	35.08	35.45
Indian Rupee	INR	3.35	3.46
Japanese Yen	JPY	2.5	2.54
Kuwaiti Dinar	KWD	900.32	909.32
Malaysian Ringgit	MYR	64.65	65.25
New Zealand Dollar	NZD	174.19	176.18
Norwegians Krone	NOK	27.12	27.41
Omani Riyal	OMR	715.11	723.11
Qatari Riyal	‎QAR	75.64	76.34
Singapore Dollar	SGD	208.03	210.03
Swedish Korona	SEK	26.1	26.4
Swiss Franc	CHF	297.31	299.81
Thai Bhat	THB	8.25	8.4

Gold & Silver Rate

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs199,500 on Wednesday. The price of 10 grams of 24k gold was recorded at Rs171,040.

Likewise, 10 grams of 22k gold were being traded for Rs167,318 while a single tola of 22-karat gold was being sold at Rs 195,157.

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.

City	Gold	Silver
Lahore	PKR 199,500	PKR 2,340
Karachi	PKR 199,500	PKR 2,340
Islamabad	PKR 199,500	PKR 2,340
Peshawar	PKR 199,500	PKR 2,340
Quetta	PKR 199,500	PKR 2,340
Sialkot	PKR 199,500	PKR 2,340
Attock	PKR 199,500	PKR 2,340
Gujranwala	PKR 199,500	PKR 2,340
Jehlum	PKR 199,500	PKR 2,340
Multan	PKR 199,500	PKR 2,340
Bahawalpur	PKR 199,500	PKR 2,340
Gujrat	PKR 199,500	PKR 2,340
Nawabshah	PKR 199,500	PKR 2,340
Chakwal	PKR 199,500	PKR 2,340
Hyderabad	PKR 199,500	PKR 2,340
Nowshehra	PKR 199,500	PKR 2,340
Sargodha	PKR 199,500	PKR 2,340
Faisalabad	PKR 199,500	PKR 2,340
Mirpur	PKR 199,500	PKR 2,340