LAHORE – Pakistani philanthropist and founder of Akhuwat Foundation has received this year's Ramon Magsaysay Award for his extraordinary contributions to the eradication of poverty in the South Asian country.
Dr. Saqib is a development professional and a former civil servant who founded Akhuwat in 2001. The organization is now the largest interest free microfinance institution in the world and works in collaboration with state and civil society.
Pakistan gets Ramon Magsaysay Award, popularly known as Asia’s Nobel Prize. @DrAmjadsaqib1 has been awarded this award for uplifting millions out of poverty. This award is dedicated to the people of Pakistan. #Award4Pakistan #Akhuwat pic.twitter.com/jPIFy9gDq0
— Akhuwat (@Akhuwat) August 31, 2021
He is also a recipient of Point of light award by Queen Elizabeth, Best entrepreneur of 2018 by Schwab Foundation and World Economic Forum, Life Time Achievement Award, 2014 by Abu Dhabi Islamic Bank (ADIB) and Thomson Reuters and Sitara i Imtiaz by President of Pakistan.
Accepting this unique and highly distinguished honour, Dr. Saqib, dedicated this award to the poor beneficiaries of Akhuwat and to Pakistani nation. He said this award is endorsement of Akhuwat, an interest-free lending Model and a tribute to the compassion and integrity of his nation.
His NGO has reportedly disbursed more than 4.5 million interest-free loans amounting to PKR 128 Billion to over 3 million families across Pakistan to help its beneficiaries to become socially and financially included members of society.
Ten Pakistanis including Akhtar Hameed Khan, Abdul Sattar Edhi and Bilquis Edhi, Shoaib Sultan Khan, Asma Jahangir, Dr. Adibul Hasan Rizvi, Tasneem Ahmed Siddiqui, Dr. Ruth Pfau, Ibn Abdur Rehman and, The Citizens Foundation are the recipients of the prestigious award.
The prestigious Ramon Magsaysay Award, popularly known as the "Asian Nobel Prize", is presented to most outstanding individuals in Asia for their selfless and extraordinary contribution to their societies.
It is Asia’s premier prize and highest honour and since its inception in 1958, Magsaysay Foundation, Philippine, confers three to four awards each year from amongst selfless leaders out of 40 countries of Asian continent. Few previous awardees include Mother Teresa, Dalai Lama, Nobel Laureate Dr. Muhamamd Yunus, Abdul Sattar Edhi and Mr. Shoaib Sultan Khan.
Daily Pakistan Global Web Desk
KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on February 4, 2023 (Saturday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency | Symbol | Buying | Selling |
US Dollar | USD | 279.9 | 283.2 |
Euro | EUR | 300.98 | 301.58 |
UK Pound Sterling | GBP | 337.01 | 337.71 |
U.A.E Dirham | AED | 75.14 | 75.44 |
Saudi Riyal | SAR | 73.55 | 73.85 |
Australian Dollar | AUD | 189 | 192 |
Bahrain Dinar | BHD | 712.72 | 720.69 |
Canadian Dollar | CAD | 200 | 202.2 |
China Yuan | CNY | 39.67 | 39.73 |
Danish Krone | DKK | 39.33 | 39.73 |
Hong Kong Dollar | HKD | 34.19 | 34.54 |
Indian Rupee | INR | 3.28 | 3.39 |
Japanese Yen | JPY | 2.5 | 2.54 |
Kuwaiti Dinar | KWD | 878 | 887 |
Malaysian Ringgit | MYR | 62.83 | 63.43 |
New Zealand Dollar | NZD | 173.25 | 175.25 |
Norwegians Krone | NOK | 26.79 | 27.09 |
Omani Riyal | OMR | 696.08 | 704.08 |
Qatari Riyal | QAR | 73.62 | 74.32 |
Singapore Dollar | SGD | 204 | 206 |
Swedish Korona | SEK | 25.61 | 25.91 |
Swiss Franc | CHF | 291.69 | 294.19 |
Thai Bhat | THB | 8.15 | 8.30 |
KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 205,200 on Saturday. The price of 10 grams of 24k gold was recorded at Rs175,930.
Likewise, 10 grams of 22k gold were being traded for Rs167,318 while a single tola of 22-karat gold was being sold at Rs 195,157.
Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.
City | Gold | Silver |
Lahore | PKR 205,200 | PKR 2,430 |
Karachi | PKR 205,200 | PKR 2,430 |
Islamabad | PKR 205,200 | PKR 2,430 |
Peshawar | PKR 205,200 | PKR 2,430 |
Quetta | PKR 205,200 | PKR 2,430 |
Sialkot | PKR 205,200 | PKR 2,430 |
Attock | PKR 205,200 | PKR 2,430 |
Gujranwala | PKR 205,200 | PKR 2,430 |
Jehlum | PKR 205,200 | PKR 2,430 |
Multan | PKR 205,200 | PKR 2,430 |
Bahawalpur | PKR 205,200 | PKR 2,430 |
Gujrat | PKR 205,200 | PKR 2,430 |
Nawabshah | PKR 205,200 | PKR 2,430 |
Chakwal | PKR 205,200 | PKR 2,430 |
Hyderabad | PKR 205,200 | PKR 2,430 |
Nowshehra | PKR 205,200 | PKR 2,430 |
Sargodha | PKR 205,200 | PKR 2,430 |
Faisalabad | PKR 205,200 | PKR 2,430 |
Mirpur | PKR 205,200 | PKR 2,430 |
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