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DHA-UAE group sign MoU for golf view villas in DHA City Karachi

12:37 PM | 30 Apr, 2023
DHA-UAE group sign MoU for golf view villas in DHA City Karachi

KARACHI – Dubai Royal Family member Sheikh Ahmed Dalmook Al Maktoum’s office has signed a Memorandum of Understanding (MOU) with the Defence Housing Association (DHA) Karachi to develop ultra-high end golf view villas overlooking the newly built golf course in DHA City Karachi.

The office of Sheikh Ahmed Dalmook Al Maktoum, Member of the Dubai Royal Family, United Arab Emirates (UAE), signed the deal at a ceremony here witnessed by His Highness Sheikh Ahmed Dalmook Al Maktoum, General Babar Iftikhar, Corps Commander 5 Core, President DHA and former DGIPSR, and Mr Fakhr-e-Alam, business partner.

The project will be completed by AMWAJ Developers from the United Arab Emirates (UAE) on the internationally designed Nick Faldo Golf Course in DHA City Karachi.

The MoU outlines the commitment of providing state-of-the-art luxury villas as per the highest international standards, said a press release. AMWAJ will develop this Project, in collaboration with DHA City Karachi, which will facilitate in ensuring that the development is done as per the highest international standards on the world renowned Nick Faldo Golf Course.

A statement said: “Having the experience in completing various international commercial and infrastructure Projects globally, the Office of His Highness is keen on expanding its investments in Pakistan and bringing foreign direct investment. The Office is also developing various other Projects in Pakistan, such as developing state of art high end luxury apartments in partnership with D.H.A Lahore, measuring an area of 50 Kanals in Sector K of Phase 5, DHA Lahore. In the energy sector the office is developing an 1100 MW Green Hydrogen project through its London (AIM listed) company Oracle Energy. Similarly, in the health sector, the office is working closely with the Ministry of Health (MOH) to develop first of kind plasma products in Pakistan.

“This strategic partnership between DHA City Karachi will pave the way for further strengthening the existing bilateral relationship between the two brotherly countries. This will also help drive economic growth, create more jobs and further boost the real estate sector especially in D.H.A. City Karachi.”

Daily Pakistan Global Web Desk

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Currency Rates in Pakistan Today - Pak Rupee to US Dollar, Euro, Dirham, Riyal 23 May 2024

Pakistani currency rates against US Dollar and other currencies on May 23, 2024 (Thursday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.25 for buying and 280.25 for selling.

Euro moved down to 297 for buying and 300 for selling while British Pound rate is 349.5 for buying, and 353 for selling.

UAE Dirham AED was at 75.2 and Saudi Riyal came down to 73.45.

Today’s currency exchange rates in Pakistan - 23 May 2024

Source: Forex Association of Pakistan. (last update 08:00 AM)
Currency Symbol Buying Selling
US Dollar ‎USD 277.25 280.25
Euro EUR 297 300
UK Pound Sterling GBP 349.5 353
U.A.E Dirham AED 75.2 75.95
Saudi Riyal SAR 73.45 74.2
Australian Dollar AUD 183 184.8
Bahrain Dinar BHD 740.52 748.52
Canadian Dollar CAD 203 205
China Yuan CNY 38.51 38.91
Danish Krone DKK 40.52 40.92
Hong Kong Dollar HKD 35.68 36.03
Indian Rupee INR 3.34 3.45
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 903.3 912.3
Malaysian Ringgit MYR 59.39 59.99
New Zealand Dollar NZD 170.11 172.11
Norwegians Krone NOK 25.92 26.22
Omani Riyal OMR 723.46 731.46
Qatari Riyal ‎QAR 76.42 77.12
Singapore Dollar SGD 203 205
Swedish Korona SEK 26.02 26.32
Swiss Franc CHF 305.97 308.47
Thai Bhat THB 7.67 7.82

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