FIA submits list of 100 Pakistanis owning property in Dubai

Mahmood Idrees 09:56 AM | 24 Nov, 2017
FIA submits list of 100 Pakistanis owning property in Dubai
ISLAMABAD - The Federal Investigation Agency has submitted a report disclosing details of Pakistanis who possess properties in United Arab Emirates (UAE), to a sub-committee of the National Assembly.

Dr Shezra Mansab Ali on Thursday chaired a meeting of the sub-committee of the NA Standing Committee on Finance, comprising Pakistan Tehreek-e-Insaf's Asad Umar, Pakistan Muslim League-Nawaz's (PML-N) Isphanyar M. Bhandara, who did not attend the meeting. PML-N's Qaiser Ahmed Sheikh attended the meeting voluntarily.

However, the government agencies are unable to trace whether these Pakistanis used legal means to obtain the properties worth $8 billion in Dubai during the last four years.

The committee was informed that no government department, including FIA, Federal Board of Revenue (FBR) and State Bank of Pakistan (SBP) was empowered to get details regarding investment made by Pakistanis in other countries. The committee members were also told that the National Accountability Bureau (NAB) was department concerned which could investigate financial crimes cases with foreign countries.

The FIA team, led by its director Zaheer Ahmed, while presenting the list said that it was yet to be ascertained whether the investors are resident or non-resident Pakistanis.

The sub-committee was also informed that neither the SBP nor the Economic Coordination Committee (ECC) had granted permission to anyone for making investment in property of other countries.

FBR Chairman Tariq Pasha said that the department sent many queries to the UAE authorities seeking details of Pakistani investors during several past years, adding that the country did not give any response.

Asad Umar expressing dismay said that the UAE had responded to queries sent by the Panamagte Joint Investigation Team (JIT), adding, “Why they are reluctant to give details of ordinary Pakistanis?"

During the meetings, certain flaws in the anti-corruption law were also highlighted with a stress to rectify them.

The sub-committee is expected to ask the NA standing committee to get assistance of the NAB to probe the matter.

Later, the NA Standing Committee on Finance in a meeting decided that the matter will not be sent to the NAB.

According to Dawn news, the committee’s members, including Dr Nafisa Shah, demanded that such a decision should be taken after the standing committee had a chance to review the sub-committee’s report.


Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on June 6, 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 06, 2023 (Tuesday).

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

Currency Symbol Buying Selling
US Dollar ‎USD 304.9 308.15
Euro EUR 322 325
UK Pound Sterling GBP 377 381
U.A.E Dirham AED 83.5 84.5
Saudi Riyal SAR 80.5 81.5
Australian Dollar AUD 202 204
Bahrain Dinar BHD 758.82 766.80
Canadian Dollar CAD 226 230
China Yuan CNY 40.28 40.68
Danish Krone DKK 41.03 41.43
Hong Kong Dollar HKD 36.4 36.75
Indian Rupee INR 3.46 3.57
Japanese Yen JPY 2 2.08
Kuwaiti Dinar KWD 925.2 934.2
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 220 222
Swedish Korona SEK 26.36 26.66
Swiss Franc CHF 313.87 316.37
Thai Bhat THB 8.21 8.36

Today's gold rates in Pakistan | gold price in Pakistan – June 7, 2023

Gold Rate In Pakistan Today:

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 228,900 on Wednesday. The price of 10 grams of 24k gold was recorded at Rs197,190.   

Likewise, 10 grams of 22k gold were being traded for Rs180,756 while a single tola of 22-karat gold was being sold at Rs 210,832.

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 228,900 PKR 2125
Karachi PKR 228,900 PKR 2125
Islamabad PKR 228,900 PKR 2125
Peshawar PKR 228,900 PKR 2125
Quetta PKR 228,900 PKR 2125
Sialkot PKR 228,900 PKR 2125
Attock PKR 228,900 PKR 2125
Gujranwala PKR 228,900 PKR 2125
Jehlum PKR 228,900 PKR 2125
Multan PKR 228,900 PKR 2125
Bahawalpur PKR 228,900 PKR 2125
Gujrat PKR 228,900 PKR 2125
Nawabshah PKR 228,900 PKR 2125
Chakwal PKR 228,900 PKR 2125
Hyderabad PKR 228,900 PKR 2125
Nowshehra PKR 228,900 PKR 2125
Sargodha PKR 228,900 PKR 2125
Faisalabad PKR 228,900 PKR 2125
Mirpur PKR 228,900 PKR 2125


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