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Cassini Partners announces official launch of operations in Pakistan

07:15 PM | 17 Apr, 2018
Cassini Partners announces official launch of operations in Pakistan
ISLAMABAD - Cassini Partners on Tuesday announced the official launch of its operations in the country and an event in this connection would be held in the federal capital on May 2.

The event will be marked by a presentation and discussion with the management and Board of Directors in the presence of Minister of State and Chairman of the Board of Investment (BoI) Naeem Zamindar.

Cassini Partners invests in companies in Pakistan to promote growth, create employment, skills development and upgrade critical industrial base, according to a press release issued by BoI on Tuesday.

Focusing on companies in the important manufacturing, transport, logistics and business services sectors, Cassini Partners works with investors and management teams in Pakistan and internationally to bring investment capital and expertise to further growth and development in all areas of the country.

The management and Board of Directors have welcomed the support and encouragement of Mr. Zamindar and the Board of Investment.

“We are delighted to be fully launching our operations in the country. This is an essential milestone for our growth, and an exciting step towards achieving our strategic goals. We have welcomed the support of Chairman Zamindar and his team at the Board of Investment, and we look forward to working with his team. We are convinced that Pakistan’s economy holds potential for tremendous growth. And with the help and support of our investors we are confident that we help drive this growth,” commented Managing Partner of Cassini Partners Alaa Oumansour.

Naeem Zarminder said: “We are excited to see Cassini Partners opening their official operations in Pakistan. Private equity plays a critical role in development of entrepreneur potential of the country and will also support us to achieve our goals for growth and development.”–APP

Daily Pakistan Global Web Desk

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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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