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Uber invited to partner with Pakistani banks

Muhammad Irfan 11:38 PM | 24 Jan, 2018
Uber invited to partner with Pakistani banks
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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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

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

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