Third most visited cultural site in Paris is closing for 5 years: Read details here

12:09 AM | 27 May, 2023
Third most visited cultural site in Paris is closing for 5 years: Read details here

PARIS - The third most visited cultural site in Paris will close its doors for a period of five years to undergo essential repairs and construction work.

The 'Centre Pompidou' is set to undergo a transformative makeover for which it is being shut after captivating art and architecture enthusiasts for 50 years with its unconventional inside-out design. 

The extensive overhaul scheduled from 2025 to 2030 aims to secure the future of the Centre Pompidou, which houses galleries, a library, and a restaurant within its groundbreaking exterior of pipes and conduits. Rima Abdul Malak, France's Minister of Culture, recently announced the modernization and asbestos removal project, estimated to cost €260 million ($282 million), with the goal of ensuring the center's longevity.

Originally it was planned that the closure would begin in September 2023 but the renovation was postponed to take place after the Summer Olympics, which will be held in Paris in 2024.

Located in the heart of Paris, the Pompidou, named after former French President Georges Pompidou, attracts millions of visitors each year and offers spectacular views of the city.

Laurent Le Bon, the president of the landmark, told CNN that the refurbishment project aims to reinvigorate the "original utopia" of the Centre Pompidou while addressing cultural, societal, and environmental challenges anticipated in the years to come. 

Among the notable features of the renovation is the addition of a new 1,500-square-meter terrace, providing panoramic views of the western part of the city. Interestingly, the improvements will lead to a 60% reduction in the center's energy consumption.

During the closure, visitors will still have access to some of the Centre Pompidou's highlights. Meanwhile, the public library's 400,000 books will be relocated to a temporary site called Le Lumière in Paris's Bercy district, while artworks from the National Modern Art Museum will be exhibited in various locations across Paris, France, and abroad.

The Centre Pompidou was constructed on a former parking lot and was designed by renowned architects Renzo Piano and Richard Rogers. Stats say that the facility welcomed 5.4 million French and foreign tourists in 2022.


Rupee remains stable against US dollar, Euro, Pound, Dirham and Riyal; check forex rates

Pakistani rupee remained stable against US dollar in the open bank market on Friday.

Dollar Rate in Pakistan Today

On Friday, the US dollar was being quoted at 285.3 for buying and 288.15 for selling.

Euro moves down to 311 for buying and 314 for selling. British Pound rate stands at 358.5 for buying, and 361.5 for selling.

UAE Dirham AED stands at 78 whereas the Saudi Riyal rate stands at 76.20.

Today's currency exchange rates in Pakistan – 1 December 2023

Currency Symbol Buying Selling
US Dollar ‎USD 285.3 288.15
Euro EUR 311 314
UK Pound Sterling GBP 358.5 361.5
U.A.E Dirham AED 78 78.7
Saudi Riyal SAR 76.2 77
Australian Dollar AUD 187.2 189
Bahrain Dinar BHD 759.67 767.67
Canadian Dollar CAD 209 211
China Yuan CNY 39.59 39.98
Danish Krone DKK 41.38 41.78
Hong Kong Dollar HKD 36.63 36.98
Indian Rupee INR 3.39 3.5
Japanese Yen JPY 1.49 1.56
Kuwaiti Dinar KWD 926.7 935.7
Malaysian Ringgit MYR 60.38 60.98
New Zealand Dollar NZD 173.44 175.44
Norwegians Krone NOK 26.25 26.55
Omani Riyal OMR 741.26 749.26
Qatari Riyal ‎QAR 77.63 78.33
Singapore Dollar SGD 211 213
Swedish Korona SEK 26.93 27.23
Swiss Franc CHF 325.9 328.4
Thai Bhat THB 8.23 8.38

Gold rates drop in Pakistan; Check today’s gold rates 1 December 2023

KARACHI – The gold price continues to climb up in the local market in line of upward trend in international market.

Gold Rates in Pakistan Today - 1 December 2023

On Thursday, the single tola of 24 Karat gold was available at Rs217,400, and the price for 10-gram gold reached Rs186,390.

Meanwhile, the 22 Karat Gold price stands at Rs199,282, 21 karat rate for each tola is Rs190,225 and 18k gold rate hovers around Rs163,050.

In international market, the price of precious metal hovers around $2,045 per ounce.

Today Gold Rate in Pakistan

City Gold Silver
Lahore PKR 217,400 PKR 2,696
Karachi PKR 217,400 PKR 2,696
Islamabad PKR 217,400 PKR 2,696
Peshawar PKR 217,400 PKR 2,696
Quetta PKR 217,400 PKR 2,696
Sialkot PKR 217,400 PKR 2,696
Attock PKR 217,400 PKR 2,696
Gujranwala PKR 217,400 PKR 2,696
Jehlum PKR 217,400 PKR 2,696
Multan PKR 217,400 PKR 2,696
Bahawalpur PKR 217,400 PKR 2,696
Gujrat PKR 217,400 PKR 2,696
Nawabshah PKR 217,400 PKR 2,696
Chakwal PKR 217,400 PKR 2,696
Hyderabad PKR 217,400 PKR 2,696
Nowshehra PKR 217,400 PKR 2,696
Sargodha PKR 217,400 PKR 2,696
Faisalabad PKR 217,400 PKR 2,696
Mirpur PKR 217,400 PKR 2,696


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