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Israel opens first embassy in Gulf during diplomat's visit

10:04 PM | 29 Jun, 2021
Israel opens first embassy in Gulf during diplomat's visit

Top Israeli diplomat Yair Lapid inaugurated the Jewish state's first embassy in the Gulf region during a trip to the United Arab Emirates after normalisation of relations between the two countries last year.
"The opening of the Israeli Embassy in Abu Dhabi with the Emirati Minister of Culture and Youth," he tweeted with a photo of himself and UAE minister Noura al Kaabi cutting a ribbon in the blue and white of the Israeli flag.
The ministry described it as a “historic visit” to the Gulf kingdom. Press access to the embassy opening in Abu Dhabi was strictly limited to the state-linked Emirati media.
Israel and the UAE established full diplomatic relations last year under the Trump administration, after the two countries signed the US-brokered “Abraham Accords.”
The UAE was joined by Bahrain in normalising ties with Israel, becoming the third and fourth Arab states to sign peace deals with the Jewish state, after Egypt and Jordan. 

Normalisation?
In the nine months since the two countries signed the normalisation agreement at the White House, Israel and the UAE have signed trade and cooperation deals, and bilateral trade is already expected to have exceeded $354 million. 
More than 200,000 Israeli tourists have travelled to the UAE, according to the Foreign Ministry.
Lapid took office as Israel’s foreign minister after Israel’s new government was sworn in earlier this month. The Yesh Atid party leader struck a power-sharing deal with Naftali Bennett, who became Israel’s prime minister at the head of a coalition of eight diverse parties, ranging from Jewish ultranationalists to a small Islamist party.
Former Israeli Prime Minister Benjamin Netanyahu had repeatedly scheduled and postponed a visit to Abu Dhabi due to the coronavirus pandemic but ultimately cancelled the visit ahead of the March 23 elections due to a diplomatic spat with neighbouring Jordan.
Netanyahu forbade members of his government from travelling to the UAE until he makes a state visit, according to Israeli media reports.
Israeli foreign ministry spokesman Lior Haiat told reporters after Lapid had departed for Abu Dhabi that the pace of bilateral cooperation between the two countries has been “unprecedented.”
“There’s been years of under-the-radar relations between Israel and the UAE, and we are now enjoying the fruits of the infrastructure of peace that we’ve built in the last decades,” Haiat said.
Israel and the UAE had long maintained clandestine security ties before normalising relations last year due to their shared concerns about regional arch-enemy Iran. 

'Peace' 
In August 2020, former White House senior adviser Jared Kushner and Israeli national security adviser Meir Ben-Shabbat made history flying to Abu Dhabi on an El Al plane from Israel.
That was feted by both sides as a breakthrough in efforts for peace in the Middle East, marked by the El Al jet touching down adorned with the word "peace" in English, Arabic and Hebrew.
The normalisation accords between Israel and the UAE, as well as Bahrain, Morocco and Sudan, have been condemned by the Palestinians.
They break with years of Arab League policy which has held that there should be no relations with Israel until it makes peace with the Palestinians.
In October 2018 Netanyahu visited the UAE's Gulf neighbour Oman along with his wife in a bid to restart the stalled Israeli-Palestinian peace process.
Lapid is a centrist former television presenter who tenaciously hammered together Israel's new coalition, ending Netanyahu's more than a decade as prime minister.
He has sought to break from his rival's policies, saying on Monday that Netanyahu's government had taken "a terrible gamble" by focussing only on ties with Republicans in Washington. 

Daily Pakistan Global Web Desk

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Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal - 22 February 2024

Pakistani rupee remains stable against US dollar and other currencies in the open market on February 22, 2024 (Thursday)

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.6 for buying and 282.4 for selling.

Euro comes down to 300.2 for buying and 303.2 for selling while British Pound rate stands at 350.6 for buying, and 354.1 for selling.

UAE Dirham AED hovers at 76.2 whereas the Saudi Riyal saw slight increase, with new rates at 74.45.

Today’s currency exchange rates in Pakistan - 22 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.6 282.4
Euro EUR 300.2 303.2
UK Pound Sterling GBP 350.6 354.1
U.A.E Dirham AED 76.2 76.95
Saudi Riyal SAR 74.45 75.2
Australian Dollar AUD 181.15 183.15
Bahrain Dinar BHD 743.32 751.32
Canadian Dollar CAD 207.15 209.15
China Yuan CNY 38.89 39.29
Danish Krone DKK 40.38 40.78
Hong Kong Dollar HKD 35.74 36.09
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.10 2.18
Kuwaiti Dinar KWD 902.41 911.41
Malaysian Ringgit MYR 58.6 59.2
New Zealand Dollar NZD 171.68 173.68
Norwegians Krone NOK 26.43 26.73
Omani Riyal OMR 725.96 733.96
Qatari Riyal QAR 76.76 77.46
Singapore Dollar SGD 207.1 209.1
Swedish Korona SEK 26.53 26.83
Swiss Franc CHF 316.9 319.4
Thai Bhat THB 7.93 8.08

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