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OGDCL collaborates with IPRI for Endowment Chair Economic Security

02:31 PM | 25 May, 2024
OGDCL collaborates with IPRI for Endowment Chair Economic Security

ISLAMABAD - Oil and Gas Development Company Limited (OGDCL) on Friday entered into a collaboration with Islamabad Policy Research Institute (IPRI) for an Endowment of Economic Security Chair.

The kick-off ceremony was graced by the Chairman Board of OGDCL and CEO of Bank of Punjab, Zafar Masud; MD/CEO of OGDCL, Ahmed Hayat Lak, and senior officials of the industry.

The Endowment of Economic Security Chair at IPRI is for a period of three years, and it will be known as ‘OGDCL- IPRI Chair.’ This collaboration is a classic example of interaction between the corporate sector and academia.

The research portfolio will be spread over the themes of Circular Economy and Green Entrepreneurship in Pakistan; De-carbonization of Oil and Gas value chains; Environmental Social Governance: New Age of Corporate Governance in Pakistan; Economic Viability of Renewable Energy Alternatives in Oil-Dependent Economies; Economic Implications of Shale Gas Development; and Exploration & Production (EP), Climate Change, Inflationary trends and mining.

Speaking on the occasion, Chairman OGDCL urged IPRI to research and make recommendations to achieve the much needed import indigenisation in energy sector.

He also emphasised to look towards reforms to attract investment in E&P and Mining sectors, including establishment of exclusive regulatory bodies and alternate dispute resolution centres.
The role of OGDCL in terms of green financing was also underscored, and the appropriate use of Artificial Intelligence was highlighted.

Daily Pakistan Global Web Desk

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US Dollar, Euro, Pound, Dirham, Riyal Rate in Pakistan Today Open Market Rates - 15 July 2024

Pakistani rupee rates against US Dollar and other currencies on July 15, 2024 (Monday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 279.8 for buying and 280.75 for selling. Euro's buying rate moves up to 301.25 and selling rate is 303.15.

British Pound rate is 355.15 for buying, and 358.65 for selling. UAE Dirham AED was at 76.5 and Saudi Riyal lowered to 73.65.

Currency Rates Today

Source: Forex Association of Pakistan. (last update 08:00 AM)       
Currency Symbol Buying Selling
US Dollar USD 279.8 280.75
Euro EUR 301.25 303.15
UK Pound Sterling GBP 355.15 358.65
U.A.E Dirham AED 76.5 77.25
Saudi Riyal SAR 73.65 74.37
Australian Dollar AUD 184.55 186.35
Bahrain Dinar BHD 741 749
Canadian Dollar CAD 203.75 205.75
China Yuan CNY 38.35 38.75
Danish Krone DKK 40.05 40.45
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.33 3.43
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 908.25 917.35
Malaysian Ringgit MYR 58.95 59.75
New Zealand Dollar NZD 169.24 171.24
Norwegians Krone NOK 26.04 26.34
Omani Riyal OMR 722.87 730.89
Qatari Riyal QAR 76.39 77.09
Singapore Dollar SGD 202 204
Swedish Korona SEK 26.5 26.8
Swiss Franc CHF 309.15 311.65
Thai Bhat THB 7.5 7.65



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