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ISLAMABAD: The basic tariff of electric vehicle charging stations has been fixed at Rs 23.57 per unit as the federal government's request has been approved, ARY News reported.The National Electric Power Regulatory Authority (NEPRA) has issued a decision approving the federal government’s request, reducing the basic tariff of electric vehicle charging stations by Rs 21.98 per unit.After the decision, the tariff has been reduced from Rs 45.55 to Rs 23.57 per unit. Meanwhile a request to remove capped margin of Rs 24.44 on vehicle charging stations also approved.As per the government’s request, the margin has been left to the market, the NEPRA maintained.It is to be noted here that the federal government had submitted a request to NEPRA for reduction in tariff of charging stations.Read more: Electric vehicles to be manufactured in PakistanEarlier, the Senate was informed today that the Pakistan government is encouraging the use of electric vehicles in order to protect the environment and reduce dependence on imported fuel.Minister for Law Azam Nazeer Tarar told the House during Question Hour that thirty electric buses have been imported from China. These buses have been stationed at Jinnah Convention Center in Islamabad where state of the art charging facilities have been made available. He said the soft launch of these buses is taking place today.The law minister told the House that NADRA centers will be established in each Union Council in the next two and a half years.
ISLAMABAD: The federal government announced to keep the prices of petroleum products unchanged for the next fortnight in Pakistan, ARY News reported.As per a notification issued here, the price of petrol has been kept unchanged at Rs254.63 per litre, effective from April 16, 2025.The price of high-speed diesel also remained unchanged at Rs258.64 per litre.Read More: ‘Govt to use oil price savings for N-25 upgrade, Balochistan uplift’The announcement follows a statement from Prime Minister (PM) Shehbaz Sharif, who said that the prices would not be reduced for the next fortnight. Instead, he said that the benefits of declining global oil prices to consumers would be passed through uplift projects,He said that the advantages of reduced petrol price in the global market would be extended to the masses through development projects.
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) conducted hearings on K-Electric’s (KE) two utility-scale solar projects—a 150 MW project at Deh Metha Gar and a 120 MW project at Deh Halkani in Sindh.“These initiatives are part of KE’s ambitious plan to integrate 1,300 MW of renewable energy into its generation portfolio by 2030, aiming to reduce reliance on imported fuels and enhance energy affordability,” the power utility said.The Deh Metha Gar and Deh Halkani projects secured the lowest tariff bids in Pakistan’s renewable energy sector at PKR 9.8 per unit (approximately 3.4 US cents) from Kot Addu Power Company Limited (KAPCO).“Projected annual savings of PKR 3.412 billion annually and PKR 86.897 billion over a period of 25 years are expected from these projects. KE submitted auction evaluation reports for both these projects leading to the hearing held on Tuesday.”Moonis Alvi, CEO of K-Electric, emphasised the transformative potential of these projects. “These initiatives have set a new benchmark for cost-effective renewable energy in Pakistan,” he said.“Our transparent bidding process reflects KE’s dedication to a cleaner, more affordable energy future while addressing the energy trilemma of sustainability, affordability, and reliability. We now await NEPRA’s final approval to begin building a sustainable future where clean energy is accessible to all.”
ISLAMABAD: Electricity prices might see a dip under the upcoming monthly and quarterly adjustments for March, ARY News reported.According to reports, electricity prices may drop by 3 paisa per unit in the monthly adjustment for March, while the quarterly adjustment could lead to a decrease of over 1 rupee per unit nationwide.The Central Power Purchasing Agency (CPPA) has submitted a request for the monthly adjustment, and a hearing on the matter will be held on March 29.In March, a total of 8.4 billion units of electricity were generated, with the cost of electricity standing at 9.22 rupees per unit, compared to the reference cost of 9.25 rupees per unit.For the quarterly adjustment, the government is expected to pass on a relief amounting to 51.49 billion rupees to the public.The application for the third quarterly adjustment for the fiscal year 2024-25 has been filed, with a request for a reduction of 47.12 billion rupees in capacity charges.Read More: NEPRA approves nationwide electricity price reductionA hearing on the quarterly adjustment application will take place on April 29 at NEPRA (National Electric Power Regulatory Authority). If the adjustment is approved, consumers across the country can expect lower electricity prices.Earlier, the National Electric Power Regulatory Authority (NEPRA) officially approved a Rs1.71 per unit electricity price reduction in across Pakistan, including Karachi, from April to June 2025This decision comes in response to a formal request from the federal government, aiming to ease the financial burden on consumers amid rising inflation.The price cut will apply to electricity bills issued during these three months, benefiting millions of households and businesses.However, lifeline consumers will not be eligible for this relief. The federal government initially submitted the request to NEPRA, which conducted a hearing on April 4, 2025, before finalizing the decision.Financial Impact and Government StrategyThe electricity price reduction is expected to provide Rs 58 billion in financial relief to consumers nationwide.This move aligns with the government’s broader strategy to stabilize the energy sector and mitigate the impact of petroleum levy increases.Last month, the government raised the petroleum levy on petrol and high-speed diesel by Rs10 per liter, and this electricity tariff cut is intended to offset some of the financial strain on the public.
ISLAMABAD: Prime Minister (PM) Shehbaz Sharif announced that the government will allocate savings from reduced global oil prices toward infrastructure projects.These include upgrading the notorious N-25 Highway to a motorway-standard highway and completing Phase-II of the Kachhi Canal project in Balochistan.Addressing a federal cabinet meeting, PM Shehbaz said that the decision reflected the national commitment to Balochistan’s development and an end to years of neglect.“From a political and social perspective, it’s time to address the disparity. While motorways run through many parts of the country, Balochistan has waited far too long. We will now change the fate of the N-25, from being a highway of tragedy to a highway of prosperity,” said the prime minister.He underlined that the N-25, connecting Karachi to Chaman via Quetta, Kalat, and Khuzdar, had claimed more than 2,000 lives in recent years due to its poor condition and single-lane structure.PM Shehbaz announced that the Rs300 billion reconstruction project would now move forward under federal government’s supervision, with third-party validation to ensure high standards.“We will build this as a top-class road, and I, along with Balochistan Chief Minister Mir Sarfaraz Bugti, will personally supervise the progress,” the prime minister stated.The highway was first approved in FY2022-23, but progress stalled due to funding gaps. The revival of the project is now being supported by a reallocation of resources made possible by falling global petroleum prices. Rather than passing on the full relief to consumers, the government opted to invest in strategic infrastructure, the prime minister said.He also told the cabinet members that Phase-II of the Kachhi Canal—a Rs70 billion irrigation project—would also be completed using the same pool of funds.“If completed, this project will irrigate vast area of Balochistan’s arid land. It can transform agriculture, improve livelihoods, and address food security. The only condition is hard work,” he said.PM Shehbaz emphasized the judicious allocation of resources keeping in view the needs of all federating units.He highlighted the Rs70 billion solarization of tubewells in Balochistan—a joint initiative of the federal and provincial governments—as a shining example of this collaboration, with the federal government covering 70% of the cost.He added that the Hyderabad-Sukkur M-6 Motorway and M-9 Motorway from Sukkur to Karachi would also be built under the federal government’s transparent implementation process, extending high-quality roads across underserved areas.During the cabinet meeting, PM Shehbaz also condemned the tragic killing of eight innocent Pakistanis in Iran’s Sistan province. He reiterated Pakistan’s expectation that the Iranian authorities would swiftly bring the perpetrators to justice.The prime minister also prayed for the full and speedy recovery of President Asif Ali Zardari who was currently under treatment after he was diagnosed with coronavirus.The federal cabinet also took several key decisions, including approval of amendments to the Petroleum Levy Ordinance (1961) to boost national revenues, endorsement of the Sustainable Investment Sukuk Framework for issuing domestic securities supporting environmental and renewable energy projects, greenlight for a bill to establish the National Agri-Trade and Food Safety Authority, promoting agricultural reform and food security.On the occasion, Balochistan Chief Minister Mir Sarfaraz Bugti, attending as a special guest, lauded the Prime Minister’s decision to prioritise long-ignored projects in Balochistan.“The N-25 was indeed a bloody road, but today you have shown compassion by diverting national resources to address the pain and deprivation of the people of Balochistan,” Bugti added.
KARACHI: A strict ban has been enforced on the movement of unauthorised rickshaws on 11 major roads in Karachi, effective immediately, ARY News reported.According to reports, the decision was taken on the recommendation of the DIG Traffic and enforced under Section 144 of the Criminal Procedure Code (CrPC).The order states that One Plus Two and One Plus Four motor cab rickshaws are prohibited from operating on key Karachi roads for two months from 15th April to 14th June 2025.Violators will face legal action under Section 188 of the Pakistan Penal Code. The roads where rickshaw operations are now banned include Shahrah-e-Faisal, I.I. Chundrigar Road, Shaheed-e-Millat Road, and other critical city routes.https://youtu.be/SvLh8MSJclA?t=7The ban also applies to areas around prominent locations such as Abdullah Shah Ghazi’s shrine and Stadium Road.Officials stated that these unauthorised and self-assigned rickshaw routes were causing major traffic disruptions and safety concerns in Karachi. The decision aims to ease traffic flow and prevent road accidents.Read More: Sindh to enforce stricter traffic laws with higher fines, penaltiesCommissioner Karachi confirmed that traffic police have been given full authority to register complaints and take strict action against violators.All SHOs have received directions to ensure compliance, and rickshaw drivers are urged to use alternative routes during the restriction period.The commissioner added that this move is essential for maintaining smooth traffic in Karachi and ensuring public safety.Earlier, Sindh Chief Secretary Asif Haider announced that penalties and punishments for traffic violations will be increased as part of upcoming reforms to improve traffic regulation across the province.The announcement came during a high-level meeting on traffic law reforms held at the Central Police Office (CPO) in Karachi.The meeting was attended by Inspector General of Sindh Police Ghulam Nabi Memon, Karachi Commissioner, and other senior officials.The forum approved several amendments to the Motor Vehicle Ordinance 1965. DIG Traffic and the Secretary Transport briefed attendees on the proposed reforms, which include significant fines for violations ranging from motorcycles to heavy transport vehicles, and a mandatory driving course for new drivers.One key proposal suggested reducing the vehicle registration period from six months to just one month.The introduction of safety and tracking devices in all commercial vehicles was also discussed, alongside recommendations for installing dashboard and cabin cameras.
Prize Bonds still remain the preferred investment choice of many Pakistanis as they offer a secure way to save money and the possibility of winning big prizes.The National Savings Centre has conducted Rs 750 Prize Bond Draw for April 2025, as the holders were eagerly awaiting the results and the chance to win life-changing prizes.The first prize of Rs Rs1.5 million has been won by Prize Bond number 261227 while the three second prizes were grabbed by 204763, 413549 and 992747. Additionally, 1,696 lucky winners have secured Rs 9,300 each. Prize Amount (PKR) Number of Winners 1st Prize 1,500,000 1 2nd Prize 500,000 3 3rd Prize 9,300 1,696 For complete results, check official website of National Savings.Prize bonds are regarded as a secure investment option, providing holders with opportunities to win rewards without the risk of financial loss.Prize bonds are widely regarded as a secure and rewarding investment, with regular draws held under government oversight to maintain trust and fairness in the system. Participants are encouraged to stay informed about upcoming draws and their results to maximize their chances of winning..Read More: Pakistan set to ‘launch’ digital prize bondsPrize bonds in Pakistan are available in various denominations to cater to different investment levels including Rs. 100, Rs. 200, Rs. 750, Rs. 1500, Rs. 3000, Rs. 7500, Rs. 15000, and Rs. 40000.Upcoming Prize Bond Draws in 2025The National Savings of Pakistan has scheduled several prize bond draws throughout the year. Here are some key upcoming events: PRIZE BONDS DATE CITY 1500 15 May, 25 KARACHI 100 15 May, 25 SIALKOT 40000 10 Jun, 25 HYDERABAD 25000 10 Jun, 25 LAHORE 200 16 Jun, 25 QUETTA 750 15 Jul, 25 RAWALPINDI 1500 15 Aug, 25 FAISALABAD 100 15 Aug, 25 LAHORE 40000 10 Sep, 25 PESHAWAR 25000 10 Sep, 25 KARACHI 200 15 Sep, 25 MULTAN 750 15 Oct, 25 MUZAFFARABAD 1500 17 Nov, 25 RAWALPINDI 100 17 Nov, 25 HYDERABAD 40000 10 Dec, 25 SIALKOT 25000 10 Dec, 25 FAISALABAD 200 15 Dec, 25 LAHORE
ISLAMABAD: Prime Minister Shehbaz Sharif has announced the establishment of special courts for overseas Pakistanis, aimed at addressing their legal issues efficiently and fairly, ARY News reported.While speaking at a convention of overseas Pakistanis, the PM Shehbaz Sharif said that special courts have already been set up in Islamabad, while work is underway to establish similar courts in Punjab.He added that discussions will be held with the remaining provinces to create such courts across the country.Shehbaz Sharif also declared that all overseas Pakistanis will be considered tax filers. Additionally, the time limit for overseas women to apply for government jobs has been extended from five to seven years.https://www.youtube.com/watch?v=0D-Y7AciiUMHighlighting educational opportunities, the Prime Minister said that 5 percent of the 10,000 seats in federal universities will be reserved for overseas Pakistanis.He expressed deep gratitude for their record-breaking remittances, noting that these contributions even surpass Pakistan’s export earnings.Read More: Pakistan’s remittances cross record $4bln mark in March 2025: SBPTo honour their services, Shehbaz Sharif announced that the top contributors of foreign exchange will receive civil awards on the 15th of each year.Moreover, overseas Pakistanis who deliver outstanding services will be honoured with civil awards on every Independence Day, 14th August.He urged overseas Pakistanis to expose those spreading toxic and negative propaganda against Pakistan abroad. He assured them that any investment they bring into the country will be highly respected and protected.The Prime Minister reaffirmed that Pakistan's defence is in strong hands, stating that no one can dare to look at the country with bad intentions under the leadership of Army Chief General Asim Munir.He praised General Munir as a true patriot and a highly professional officer.Shehbaz Sharif also criticised the past government for grave mistakes, including settling terrorists in Khyber Pakhtunkhwa.He said the roots of terrorism and its funding sources are known to everyone. He expressed regret over the toxic and vulgar language being used on social media against national institutions.
KARACHI: The Sindh cabinet on Tuesday approved awarding gracing marks to first-year students of the Board of Intermediate Education Karachi (BIEK) who failed their annual exams, ARY News reported.Sindh Chief Minister Syed Murad Ali Shah presided over hours-long cabinet meeting during which several key decisions were made, including granting grace marks to first-year students of the Karachi educational board, banning all types of plastic shopping bags, approving rules to monitor habitual offenders with electronic devices, such as anklets and bracelets, the establishment of a Centre for Excellence on Countering Violent Extremism was agreed upon to address issues of violent extremism.The University & Board (U&D) department reported on a sharp decline in passing percentages for Class XI results in 2024 from the Board of Intermediate Education, Karachi.On January 13, 2025, the Sindh Assembly formed a Special Committee, headed by Education Minister Syed Sardar Ali Shah, to investigate this decline. They created a Sub-Committee, led by Dr. Sarosh H. Lodi, Vice Chancellor of NED University, to conduct a detailed inquiry.The Sub-Committee's main recommendations include granting grace marks to all students: 20% in Chemistry and 15% each in Physics and Mathematics. The Chief Minister has also directed reforms to improve Board operations and prevent such issues in the future. While the Sindh Boards Ordinance of 1972 does not allow for grace marks, a similar measure was approved by the caretaker chief minister in 2023 based on a previous inquiry.Read More: Authorities announce grace marks for Karachi Inter students who failed examsThe chief minister expressing displeasure in the educational boards directed the chief secretary to constitute a committee comprising up-right officers to conduct inquiry against irregularities in all the educational boards across Sindh and report him.The cabinet observed that environmental protection includes measures to prevent pollution and preserve ecological balance. The cabinet approved the amended Sindh Prohibition of Non-degradable Plastic Products Rules, 2014, to potentially ban the manufacturing, sale, and use of all plastic shopping bags in the province, including non-degradable and oxo-degradable types. This ban will take effect sixty days after the cabinet's approval.
Punjab's Irrigation Minister, Kazim Pirzada, has stated that the Chashma-Jhelum (CJ) Link Canal was originally built to serve the eastern regions of Punjab, ARY News reported.Kazim Pirzada said that Sindh always keeps the Chashma-Jehlum Link Canal closed during the Rabi season and allows limited water flow even during Kharif.He argued that Sindh’s MNAs often claim to be facing more water shortages, whereas, in reality, Punjab is suffering a greater cut in its water share."The real outcry should be from our side, not theirs," he said. "Punjab is receiving only 50 percent of its water share, while Sindh is getting 65 percent."https://www.youtube.com/watch?v=eM-s8WP6Fy0Pirzada explained that from the Tarbela command area, two main canals, Chashma-Jhelum and Trimmu-Panjnad originate.He also noted that while Punjab provides water from the Mangla command area to Sindh, the province still restricts Punjab’s access to water through the Chashma-Jehlum Link when Tarbela has sufficient flow.He emphasised that both provinces are claiming water shortages, but Punjab’s grievance is more severe and based on actual distribution data.Read More: Sindh protests to IRSA over opening of Taunsa-Punjnad Link CanalThe Sindh government in a letter to the Indus River System Authority (IRSA) vehemently protested over opening of the Taunsa-Punjnad Link Canal.“The IRSA has opened the TP Link Canal despite 50 percent shortage of the river water in Sindh,” the government wrote in its strongly worded protest letter to the river authority.Sindh has demanded of the authority to keep the link canal close. “TP link canal should be closed immediately as Sindh has even no drinking water,” the letter read.“Sindh is facing immense shortage of water. In the first 10 days of April the province suffered 62 per cent scarcity of water,” Sindh Irrigation Department said in its letter to IRSA.“The river water flow should be sent to the downstream provinces,” irrigation department demanded.Sindh’s Irrigation Minister Jam Khan Shoro has said that the opening of the TP Link Canal will further add to the water shortage in Sindh. “Opening TP Link Canal is equal to applying salt to the wounds of Sindh”, he said.
KARACHI: The Karachi cattle market will be inaugurated on April 19 as all arrangements have been finalised for the Cattle-Friendly Market 2025 at Northern Bypass of the city.According to organisers, the arrival of sacrificial animals for Eidul Adha from different cities of Punjab and Sindh are underway.“This cattle market will be made functional from April 19 where sacrificial animals of different colors and breeds, will available for sale,” they added.Administrator of Cattle-Friendly Market 2025 Shahbab Khan will brief the print and electronic media regarding the arrangements of the cattle market on Friday, April 18.For the convenience of the traders and buyers of the cattle market, the cattle market administration has also introduced a token system for animals first time.“If you purchase ten animals, you will be provided with ten tokens for the animals, by showing which you will be able to easily take your purchased sacrificial animal outside the limits of the cattle market. This step has been taken for the protection and safety of sacrificial animals".Read More: Eidul Adha 2025 expected dates in PakistanFor the convenience of traders and buyers, an ATM machine facility will be available in the market.“While considering the interest the citizens, a huge discount of up to 50 percent has been given in parking fees.”The traders in general blocks are allowed to bring standard tents with them, while the administration has given a big relief on setting up tents in VVIP and VIP blocks. Tents in VVIP and VIP blocks can also be obtained from the administration at a discounted price."If traders in VVIP and VIP blocks set up their own tents, they will have to pay a discounted price to administration based on the space".According to organisers, the tent must be in accordance with the standards of the cattle market. In case a standard tent is not available, a tent can also be taken from the administration at discounted rates.|Even before the inauguration of the cattle-friendly market, traders and cattle owners coming from Punjab and Sindh are being provided with all possible facilities.”
KARACHI- April 15, 2025- In a significant occurrence within the forex market, the Kuwaiti Dinar (KWD) has preserved its value relative to the Pakistani Rupee, now trading at 914.57 PKR in the open market.This rise reflects the continuous changes in global currency markets and highlights the complex factors that affect exchange rates between countries. Although the adjustment seems slight, it has considerable consequences for commerce, remittances, and the financial situations of Pakistani workers living in Kuwait. 1 KWD= 914.57 PKR Comprehending the Valuation MechanismThe exchange rate between currencies like the KWD and PKR is influenced by multiple factors, such as economic stability, inflation rates, interest rates, geopolitical influences, and market demand. The Kuwaiti Dinar is pegged to a mix of international currencies, primarily the US Dollar, which provides it with a certain level of stability. In comparison, the Pakistani Rupee functions under a managed float system, leading to value variations driven by market supply and demand, significantly affected by Pakistan's monetary strategies, fiscal condition, and external challenges including debt repayment and imports.The recent increase in the KWD against the PKR can be linked to Kuwait's strong oil-centric economy, ample fiscal reserves, and stable political climate. Conversely, the PKR is under pressure from escalating inflation, a growing current account deficit, and dependence on overseas loans. These contrasting economic conditions reveal differences in currency performance.Consequences for Pakistani ExpatriatesFor the vast number of Pakistani expatriates working in Kuwait, the KWD’s appreciation against the PKR presents both opportunities and hurdles. On the bright side, a stronger KWD means that the remittances sent to Pakistan now possess greater purchasing power. For example, a worker sending 100 KWD to their family in Pakistan will yield approximately 91,457 PKR, an increase from 91,234 PKR a week prior—a slight but significant change that can assist in managing family expenses amidst rising costs in Pakistan. DOLLAR RATE TODAY IN PAKISTAN Nonetheless, this scenario also presents difficulties, as the living expenses for expatriates in Kuwait could increase if local prices rise due to the stronger KWD. Moreover, those intending to return to Pakistan may face obstacles converting their savings into PKR at a less advantageous rate than before, depending on future currency trends.Wider Economic ConsequencesOn a macroeconomic scale, the decline of the PKR against major currencies such as the Kuwaiti Dinar exposes structural weaknesses in Pakistan’s economy. A weaker rupee results in elevated import costs, worsening inflation and hindering stabilization efforts. In contrast, Kuwait’s strong dinar reinforces its position as one of the world’s most valuable currencies, underpinned by prudent fiscal policies and abundant energy supplies.Summary of KWD and PKRThe Kuwaiti Dinar (KWD) was established in 1961, replacing the Gulf Rupee, and has consistently been recognized as one of the strongest currencies worldwide. Backed by Kuwait’s extensive oil reserves and careful monetary governance, the KWD enjoys substantial stability and investor trust. It is widely viewed as emblematic of the nation’s economic successes and strategic significance in the Middle East.On the other hand, the Pakistani Rupee (PKR) acts as the official currency of Pakistan, first issued in 1949 following the division of British India. Throughout the years, the PKR has encountered numerous challenges, including episodes of devaluation and instability, reflecting the broader economic troubles in the nation. Despite these challenges, the PKR continues to be essential to Pakistan’s domestic economy and plays a critical role in facilitating trade and commerce.
The Qatari Riyal (QAR) continues to trade steadily against the Pakistani Rupee (PKR), maintaining its value at 77.05 PKR. This stability is a testament to Qatar's robust economic framework, driven primarily by its vast hydrocarbon resources and a fixed exchange rate with the US Dollar.The Qatari Riyal's predictability fosters a favorable environment for trade and investment between Qatar and Pakistan. 1 Qatari Riyal= 77.05 Pakistani Rupee The consistent exchange rate has significant implications for both countries. For Pakistani exporters, particularly those in the textiles and agriculture sectors, the stability in pricing enhances their competitiveness in the Qatari market. This, in turn, can lead to increased exports and revenue growth. On the other hand, the stable exchange rate reassures investors and businesses looking to tap into Pakistan's growing market, potentially unlocking new opportunities for collaboration and investment in infrastructure.For Pakistan, the steady QAR-PKR exchange rate ensures a consistent flow of remittances from the large Pakistani diaspora in Qatar. Remittances from the Middle East, which accounted for 55% of Pakistan's total remittance inflows in December 2024, are expected to remain stable with the QAR's steady value. This stability is crucial for Pakistan's economy, as remittances play a vital role in supporting the country's balance of payments and foreign exchange reserves.However, any potential depreciation of the Pakistani Rupee could raise import costs for energy-related products from Qatar, impacting Pakistan's trade balance negatively. As both countries continue to navigate their economic relationship, the QAR-PKR exchange rate will remain a key indicator of the strength and resilience of their trade ties. The interplay between Qatar's stable, resource-driven economy and Pakistan's emerging market will likely shape the trajectory of their economic cooperation in the years to come. DOLLAR RATE TODAY IN PAKISTAN-LIVE
KARACHI/DUBAI: As of April 15, 2025, the UAE Dirham (AED) holds steady against the Pakistani Rupee (PKR), with an open market exchange rate of 76.37 PKR.This reflects ongoing fluctuations in the forex market, driven by regional economic dynamics and global trade patterns, providing a beneficial rate for Pakistanis abroad remitting money from the UAE. 1 UAE Dirham equals 76.37 Pakistani Rupees. The AED-PKR exchange rate is shaped by multiple factors. The UAE Dirham, tied to the US Dollar at roughly 3.67 AED per USD, benefits from the UAE’s robust oil-driven economy and prudent fiscal policies.This peg ensures the Dirham’s value tracks the US Dollar’s global performance. Conversely, the Pakistani Rupee operates under a managed float system, its value influenced by market supply and demand, alongside State Bank of Pakistan interventions. Factors like remittances, trade balances, and local inflation heavily impact the PKR’s strength. The current rate of 76.37 PKR per AED suggests a slight Dirham appreciation, possibly due to higher remittance flows or shifts in Pakistan’s economic conditions.Analysts note the UAE’s key economic role for Pakistan, with millions of Pakistani expatriates there sending substantial remittances—around $3.1 billion in February 2025, per the State Bank of Pakistan. These inflows often boost UAE Dirham demand in Pakistan, influencing its exchange rate.The UAE Dirham is the official currency of the United Arab Emirates, a seven-emirate federation including Dubai and Abu Dhabi. Introduced in 1973, it succeeded the Qatar and Dubai Riyal and is denoted as AED.The Pakistani Rupee, symbolized as PKR or “Rs,” has been Pakistan’s currency since independence in 1947. While the Dirham’s stability stems from the UAE’s economic strength, the Rupee’s value mirrors Pakistan’s broader economic challenges and opportunities. The interplay of these currencies underscores the deep economic ties between the UAE and Pakistan. DOLLAR RATE TODAY IN PAKISTAN
KARACHI: Chief of the Naval Staff, Admiral Naveed Ashraf, inaugurated a newly constructed block at Pakistan Navy Hospital PNS DARMAAN JAH during a ceremony held in Ormara.“Pakistan Navy continues to uphold its commitment to the wellbeing of coastal communities by expanding advanced healthcare facilities along the coastal belt of Balochistan,” a press release issued by Pakistan Navy read.The newly operationalised block is equipped with state-of-the-art medical facilities, including a modern Operation Theatre (OT) complex, High Dependency Unit (HDU), Intensive Care Unit (ICU), Gynaecology Complex, Paediatrics Department, and Neonatal Intensive Care Unit (NICU). These additions mark a significant advancement in strengthening the region’s healthcare infrastructure.“PNS DARMAAN JAH is the only healthcare facility located along the coastal highway between Karachi and Pasni, serving as a lifeline for the residents of Ormara and adjoining areas by providing quality medical services.”While addressing the inauguration ceremony, Admiral Naveed Ashraf commended the hospital administration for their dedication and reaffirmed Pakistan Navy’s unwavering commitment to the uplift of coastal communities. He emphasised that the hospital will continue to provide modern and accessible healthcare facilities to the underprivileged local population.The ceremony was attended by senior government officials, dignitaries, and officers of Pakistan Navy.
KARACHI: In a shocking tale of betrayal and vengeance, a son cast out from his family business for siphoning funds to impress a girlfriend has taken a deadly turn. Allegedly consumed by resentment, he hired a security guard to carry out a chilling plot: the murder of his own father, the patriarch who disowned him.Danish Mateen, the prime suspect in the case was arrested for plotting the murder of his father who allegedly threw him out of family business for stealing money to impress his girlfriend, has confessed to the crime.Mateen, a cable business operator, was gunned down on February 18, 2025, in Korangi. As Zaman Town police cracked the case, arresting Mateen’s son, Danish, confessed to plotting the deadly crime.https://youtu.be/PhffeRmwkfkSSP Korangi Tariq Nawaz revealed Danish, motivated by rage, paid a security guard, Siyal Ahmed, Rs3 lac to kill his father.Despite being married, Danish was involved with a girlfriend. He had embezzled money from the family business to fund his girlfriend, leading to a confrontation where Mateen beat and fired him.Enraged, Danish used his wife to conduct a recce of his father. On Feb 18, when Mateen left the house, accused Siyal shot him dead. Danish’s brother-in-law was also injured in the attack.Police arrested five accused, including Danish, in connection with the murder. The shooter, Siyal Ahmed, is still at large, and the police are conducting raids to apprehend him.SSP Nawaz also noted Danish’s criminal history, including involvement in robberies.Read More: Son confesses to orchestrating murder of PTI’s Dr. ShahidEarlier, in a similar case of patricide, Muhammad Qayyum, the son of Pakistan Tehreek-e-Insaf (PTI) leader Dr. Shahid Siddique, confessed to orchestrating his father’s murder.The shooter involved in Dr. Siddique’s assassination has been apprehended, DIG Organised Crime Unit, Imran Kishwar said during a press conference. The investigation revealed that Muhammad Qayyum, alongside accomplices Nawaz Ali, Muhammad Sajjad, Muhammad Shahid, and Saqlain Aslam, were behind the plot to kill PTI leader Dr. Shahid Siddique.Muhammad Qayyum admitted to hiring the assassins due to a personal grievance, striking a deal worth Rs40 million to have his father killed, according to DIG Kishwar. All individuals involved, including the shooters, have been arrested, and the murder weapon has been recovered.Dr. Shahid Siddique was fatally shot on August 2 in Lahore, Punjab, an incident that sent shockwaves through the community.According to Karachi police, Qayyum had been planning to kill his father due to a dispute over his marriage. Qayyum had wanted to marry a woman of his choice, but his father had refused.
RAWALPINDI: PTI founder Imran Khan sisters Aleema Khan, Noreen Khan and Uzma Khan were stopped by authorities at the Gorakhpur checkpoint while heading to Adiala Jail to meet their brother, ARY News reported.As per details, the PTI founder’s sisters and cousin, Qasim Khan, were traveling to the jail for a planned visit when they were stopped.Speaking to reporters, Aleema Khan, the PTI founder’s sister, revealed that they were told they could not go any further. "I’m here to meet my brother.”Aleema Khan shared that on a prior occasion, they were held at a marriage hall and later left in an isolated area. “If we’re not allowed to meet him today, we’ll sit here in protest,” Aleema Khan added.It is important to note here that PTI founder’s sisters remain resolute in their determination to meet their brother at Adiala Jail, despite the ongoing tensions.According to reports, 11 PTI workers, including PTI founder’s sisters, had voluntarily surrendered themselves. The sisters, along with PTI workers, sat down on the lawn of a wedding hall.Among those present were Sahibzada Hamid Raza, Aliya Hamza, Shafqat Awan, Niazullah Niazi, Raja Yasir Hasnain, and Hamid Khan, who joined Imran Khan’s sisters. Click here for latest updates on Imran Khan However, Punjab Information Minister Azma Bukhari denied reports of the arrest of Pakistan Tehreek-e-Insaf (PTI) founder’s sisters.She clarified that Imran Khan’s sister, Aleema Khan, and others used an “online car service” to travel and voluntarily boarded a police van, later getting off at Khawaja Service Station.She further claimed that the footage revealed the truth behind what she called a “drama” staged to falsely show sympathy for PTI founder.Read More: Punjab information minister rejects arrest claims of PTI founder’s sisters
ISLAMABAD: The sale of cars in Pakistan during the first nine months of the current fiscal year 2024-25 increased by 40.99 percent compared to the same months of last year, a recent data released by Pakistan Automobile Manufacturing Association (PAMA) said.According to the data, as many as 76,265 cars were sold during the months under review as opposed to 54,091 units in the same months of last year.The breakup figures showed that 11,460 units of Honda Civic and City were sold during July-March 2024-25 compared to the sale of 8,514 units during July-March 2023-24.Toyota Corolla and Yaris cars sales increased by 48.92 percent as it went up to 15,980 units from 10,730 units..Suzuki Swift’s sales also rose by 57.45 percent as its sales surged from 3,586 units to 5,891 units this year.Sales of Suzuki Cultus declined to 1,984 units during the period under review, whereas during the same period last year, the sale was recorded at 2,803 units while the sale of Suzuki WagonR also decreased to 1,705 units from 2,652 units last year.Read More: Car Price Hike in Pakistan explained by industry insiderSuzuki Alto’s sales witnessed an increase of 37.91 percent from 22,683 units to 31,284 units during the current year, whereas the sales of Suzuki Bolan surged to 3,168 units as opposed to sales of 1,734 units in the same months of last year.In a separate development, authorities in the federal capital sharply increased vehicle transfer fees for cars and motorcycles, effective April 14, 2025, while for the first time in the country, the transfer fees have also been imposed on electric vehicles (EVs).Transfer fees for vehicles have surged by as much as 300% to 1100%.The fee for transferring a 1000cc car has risen by Rs1,200 to Rs2,750. For cars above 1000cc, the fee is now Rs5,500, up from Rs2,000. fFe for cars above 1800cc now stands at Rs11,000, up from Rs3,000.For the first time, a transfer fee has been introduced for electric vehicles (EVs).EVs with a capacity of up to 50 kilowatts (kW) will incur a fee of Rs2,500, while those between 50 kW and 100 kW will be charged Rs5,500. EVs exceeding 100 kW will face a Rs10,000 fee.
A boat carrying migrants capsized off the coast of eastern Libya on the night of April 12-13, killing at least 11 people, including four Pakistanis, ARY News reported citing sources.According to sources within the Federal Investigation Agency (FIA), the vessel, en route from Libya to Greece, was carrying migrants seeking better opportunities in Europe.Sources revealed that rescue operations have recovered the bodies of 11 victims, including the four Pakistanis.Three of the deceased Pakistanis—Sameer Ali, Asif Ali, and Syed Ali—hailed from Mandi Bahauddin, while Zahid Mahmood, from Gujranwala, was also among those who perished, FIA sources confirmed.Earlier, the Federal Investigation Agency (FIA) arrested a key facilitator in the Libya migrant boat wreck incident namely Adil.Read more: Greece boat disaster: FIA arrests ringleader of human traffickingThe FIA spokesperson confirmed in a statement that a key facilitator Adil in the Libya migrant boat wreck tragedy was arrested. The arrested man was allegedly in contact with an international network of human trafficking.The FIA investigators collected all relevant details including bank accounts and mobile phone records from the accused, said the agency’s spokesperson, adding that Adil was tasked to collect and transfer money from the citizens for the global human trafficking network.Additionally, Adil was also facing an inquiry of the FIA’s anti-money laundering circle.
KARACHI: A fire broke out once again at the previously affected area of Korangi Creek in Karachi, just hours after it had extinguished on its own.https://youtu.be/PvRyXekwTR8According to reports, the fire that broke out on March 29, earlier subsided around 5:30 a.m. without intervention, but flames have now reappeared at the same location, raising concerns about fire safety and environmental risks in the area.Meanwhile, Chief Fire Officer has stated that fire has been ignited to check the area about presence of gas.Read more: Korangi Fire: Public advised not to visit dangerous placeFire raging in Korangi Creek for the past 18 days suddenly dosed on early Tuesday morning.The Sindh government maintained continuous contact with relevant departments and reviewed the situation on a daily basis due to the fire’s persistent intensity.In response, the Ministry of Energy formed a high-level investigative committee comprising experts from OGDCL, PPL, and PRL.Read more: US experts hired to assess raging fire at Karachi’s KorangiEarlier, the authorities hired services of the US experts for the fire in Korangi area of Karachi.The petroleum ministry hired a US company’s services after the chief secretary Sindh intervened into the matter, a spokesperson said.
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