Top Saudi military advisor's "unofficial" visit to Israel may be start of new alliance in Middle East

Web Desk 09:23 PM | 25 Jul, 2016
Top Saudi military advisor's
JERUSALEM - A retired General and a top adviser to the Saudi Government, Anwar Eshki, headed an "unofficial" delegation of academics and businessmen to re-initiate 2002 peace talks with Foreign Ministry Director-General Dore Gold of Israel.

According to the news report in ‘Haaretz daily’ the meeting was not official but Eshki’s trip to Israel couldn’t have been possible without the approval of Saudi government.

This is the Second meeting between Eshki and Foreign Minister Gold, last being in Washington 2015, where both of them reportedly singled Iran out as the chief threat to regional stability.

The visitors also went to the West Bank City of Ramallah, Palestine where they met Palestine President Mahmoud Abbas along with other officials. While talking to the Palestine media, Anwar said he only visited Palestine and Jerusalem but not Israel.

Knesset member Issawi Frej, who was present in the meeting, said that it could be felt clearly the Saudis want to get closer to Israel.

Earlier this month Egyptian Foreign Minister Sameh Shoukry also went to Jerusalem and met the Israeli Prime Minister Benjamin Netanyahu to discuss the same issue. While the PM rejected the initiative in its current form but expressed hope for constructive negotiations with Palestine.

Web Desk
Web Desk

Daily Pakistan Global Web Desk


ISLAMABAD – Pakistani rupee finally ended its losing streak against US dollar on Tuesday, gaining Rs4.43 after massive depreciation over the last week.

During the intra-day trading, the rupee was hovering at 266.75 with an appreciation of around 1.07 percent as talks between Pakistan and IMF underway for a stalled bailout programme.

Earlier on Monday, the rupee plunged by Rs7 and the greenback touched all-time high of Rs272. Last week, the local currency dropped by Rs24.54 in the interbank market – the largest single-day depreciation in more than two decades.

Finance experts linked the rupee’s recovery to exporters offloading some of their proceeds as remittances and export continued days after dollar cap was removed.

The country of over 220 million is facing a worst economic crisis with the forex reserved held by the country’s central bank remaining at critical $3.68 billion which were not enough to cover a month's import.

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs205,900 on Tuesday. The price of 10 grams of 24k gold was recorded at Rs176,530.

Likewise, 10 grams of 22k gold were being traded for Rs162,500 while a single tola of 22-karat gold was being sold at Rs 182,100.

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 205,900 PKR 2,370
Karachi PKR 205,900 PKR 2,370
Islamabad PKR 205,900 PKR 2,370
Peshawar PKR 205,900 PKR 2,370
Quetta PKR 205,900 PKR 2,370
Sialkot PKR 205,900 PKR 2,370
Attock PKR 205,900 PKR 2,370
Gujranwala PKR 205,900 PKR 2,370
Jehlum PKR 205,900 PKR 2,370
Multan PKR 205,900 PKR 2,370
Bahawalpur PKR 205,900 PKR 2,370
Gujrat PKR 205,900 PKR 2,370
Nawabshah PKR 205,900 PKR 2,370
Chakwal PKR 205,900 PKR 2,370
Hyderabad PKR 205,900 PKR 2,370
Nowshehra PKR 205,900 PKR 2,370
Sargodha PKR 205,900 PKR 2,370
Faisalabad PKR 205,900 PKR 2,370
Mirpur PKR 205,900 PKR 2,370


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