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Onic, Careem sign MoU to forge a strategic alliance 

08:48 PM | 28 Mar, 2024
Onic, Careem sign MoU to forge a strategic alliance 

ISLAMABAD - Onic, the new digital telecommunication brand in Pakistan, and Careem, the leading ride-hailing platform in Pakistan, are excited to announce the signing of a Memorandum of Understanding (MoU) to establish a strategic partnership. The partnership will aim to build a digital ecosystem that benefits the respective consumers in the country. 

The MoU was signed by Omer Bin Tariq, Country Head of Onic Pakistan, and Imran Saleem, General Manager of Ride-Hailing at Careem Pakistan, in the presence of Hatem Bamatraf, President and Group CEO of PTCL & Ufone 4G. The ceremony signifies the beginning of a collaborative journey between Onic and Careem. The two brands will combine their expertise to deliver enhanced customer experiences through innovative means. 

Hatem Bamatraf, President and Group CEO of PTCL & Ufone 4G, spoke at the occasion and emphasised Onic's commitment to prioritising the needs of the Pakistani people. He said, "Onic is dedicated to a larger vision for our customers, positioning itself as the forefront digital telecommunication brand with a challenger mindset. We aspire to redefine the current landscape in Pakistan." 

Highlighting the significance of the collaboration with Careem, Hatem added, "Our partnership with Careem marks a pivotal moment in our journey towards leveraging technology for positive change. Together, we will enhance the digital sphere in Pakistan, offering customers an all-encompassing platform for their lifestyle requirements. Not only this, Onic is evolving into a holistic solution provider through its innovative app that will create convenience and ease for its customers." 

Imran Saleem, General Manager of Ride-Hailing at Careem Pakistan, also commented on the partnership, saying, "We are extremely excited to join forces with Onic to drive innovation and shape the future of digital lifestyle within the country. This strategic partnership is in alignment with our purpose of simplifying and improving people's lives and our commitment to delivering exceptional experiences to our customers." 

This collaboration is a significant milestone for Onic as it expands its footprint in the digital telecommunications landscape. Together, Onic and Careem are committed to driving forward technological advancements that empower communities and transform how people connect and commute in Pakistan.

Daily Pakistan Global Web Desk


Pakistani rupee rate against US Dollar, Euro, Pound, Riyal - Check 20 April forex rates

Pakistani currency remains marginally same against US Dollar and other currencies on April 20, 2024. US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 20 April 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 293 296
UK Pound Sterling GBP 342.5 346
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.55 748.55
Canadian Dollar CAD 201 203
China Yuan CNY 38.47 38.87
Danish Krone DKK 39.78 40.18
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.11 912.11
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.61 25.91
Omani Riyal OMR 723.2 731.2
Qatari Riyal QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.47 307.97
Thai Bhat THB 7.56 7.71


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