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SIALKOT: The by-election for Punjab Assembly constituency PP-52 in Sialkot is going to take place on Sunday, June 1, 2025. The PP-52 by-election in Sialkot had to take place as the former Member of Provincial Assembly (MPA) Arshad Javaid Waraich passed away, and his seat became vacant.Fourteen candidates are in the fight for the PP-52 by-election, setting the stage for a potentially nail-biting contest.A close-fitting race is likely to be between Hina Waraich, the Pakistan Muslim League-Nawaz (PML-N) candidate, and Fakhar Ghumman, who is contesting as an independent.All electoral materials have been securely transported to the polling stations under strict police supervision.Out of the 185 polling stations established for the PP-52 by-election, 11 have been declared highly sensitive, and 38 are categorized as sensitive, indicating sensitive security concerns in these areas.The constituency has a total of 297,185 registered voters who will cast their ballots. A force of 1,696 polling staff will be on duty to manage the electoral process. Polling will commence at 8:00 AM and continue uninterrupted until 5:00 PM.Read More: ECP accepts candidates’ nominations for Punjab Senate by electionThe election commission on Saturday approved nomination papers of four candidates for the by election on the Senate’s vacant seat from Punjab, ARY News reported.The upper house seat from the province was vacated after the death of PML-N Senator Professor Sajid Mir, who passed away on May 03 in Sialkot.The election commission after scrutiny approved the nomination papers of Markazi Jamiat Ahle Hadith Pakistan’s PML-N backed candidate Hafiz Abdul Karim.The nominations of the PTI’s Ijaz Hussain, Mahar Abdul Sattar and Khadija Siddiqui were also approved by the commission after scrutiny of the papers.Professor Sajid Mir had served as the head of the Markazi Jamiat Ahle Hadith Pakistan for 40 years. He was elected to the Senate of Pakistan five times and was a close associate of former prime minister Mian Nawaz Sharif. He was elected as a senator on the PML-N ticket.
KARACHI: A tragic incident occurred in Karachi’s Orangi Town where a speeding passenger bus crushed a two-year-old girl, ARY News reported.The deceased toddler girl was identified as Iman who died on the spot. According to the police, the incident was reported from Orangi Town No. 10 and the bus driver and conductor managed to escape.The body of the toddler was shifted to Abbasi Shaheed Hospital following the accident for medico-legal formalities.The police said that the incident occurred on the busy Mangal Bazaar road, where Iman, a resident of a nearby house, had wandered onto the street while playing.The bus is in police custody as attempts are on to find and arrest the driver and conductor who fled the scene.Earlier in the day, it was reported that five motorcyclists killed by reckless drivers in various fatal accidents in different areas of Karachi within a span of 24 hours.A speedy double cabin vehicle crushed a delivery boy, Murtaza, to death in a reckless driving incident at Khayaban-e-Nishat in Defence area of Karachi in the night.“Car driver Usman Shah Rashdi has been arrested and detained in lockup,” DIG South district Asad Raza said. “Motorcyclist was a rider of an online food delivery company,” police official said.“Driver of the car Usman Shah Rashdi has been grandson of former DIG Pir Hassan Shah Rashdi,” police said.Read More: Karachi traffic accidents claim three more livesIn another fatal incidents a car hit a motorbike rider near Baldia-2 area killing him on the spot.In Qayyum Abad locality of the city another reckless driving incident a car hit and killed a motorcyclist at Jam Sadiq Bridge.A high-speed car hit a motorbike at Karsaz on Shara-e-Faisal killing the rider on the spot while injuring a woman with him.A motorcyclist killed and another injured in the fifth fatal accident in the night caused by reckless driving occurred near Teen Talwar Chowrangi of the city. The car driver was arrested.
QUETTA: Prime Minister (PM) Muhammad Shehbaz Sharif on Saturday said that the challenges confronting Balochistan’s people would be addressed amicably, with resources allocated for the advancement of the province.Speaking at a GranD Jirga in Balochistan, PM Shehbaz said that the four provinces are akin to siblings, sharing the nation’s resources equitably. The federal government is investing Rs 70 billion in the solarization initiative for Balochistan, he added, while Rs 150 billion will be redirected to construct highway N25 in the region.These funds will be drawn from savings generated by the government due to reduced petroleum prices in the global market.The prime minister said the government would allocate Rs 1000 billion for the Public Sector Development Programme (PSDP) this year and 25 percent or Rs 250 billion from the fund would be for projects in Balochistan.PM Shehbaz said federal funds were the right of people of Balochistan and every penny would be spent transparently on the progress and prosperity of the province.As chief minister of Punjab, he said he allocated ten percent quota for the students of Balochistan in different schemes of Punjab including laptop schemes and scholarships in the foreign and provincial educational institutions.In the past, Rs two billion were allocated for a heart hospital in Balochistan, he continued.He recalled that Punjab had agreed to give part of its funds from the National Finance Commission (NFC) Award to Balochistan in view of its development needs as the province had a larger area. In today’s value, the funds diverted to Balochistan amounted to Rs 160 billion, he explained.The NFC award was signed in Lahore in 2010 after three days of discussions among the national leadership including President Asif Ali Zardari, then prime minister Syed Yousaf Raza Gilani and Nawaz Sharif, he added.Read More: Pakistan will never allow water right to be violated: PM ShehbazPM Shehbaz said in the tenure of Nawaz Sharif lot of development projects were undertaken in Balochistan and President Zardari initiated Aghaz-e-Haqooq-e-Balochistan.He said the elders of Balochistan decided to become part of Pakistan under the leadership of Quaid-e-Azam Muhammd Ali Jinnah.Talking about incidents of terrorism in Balochistan, he said terrorists were blood thirsty and were against the progress of Pakistan and were undertaking heinous acts at the behest of foreign elements.He said terrorists in Balochistan were foreign agents who had resorted to barbarity but they would not be tolerated by the government and armed forces of Pakistan.He assured that social and economic justice would be delivered to the people of Balochistan.Referring to the latest incidents in Sorab, he said the country could not make progress without peace.Talking about conflict with India, he said on the midnight of May 6 and 7 and May 10 India attacked Pakistan but with the grace of Allah, the armed forces of Pakistan bravely defeated the enemy, who will remember its failure forever.He thanked people of Pakistan for showing unity and standing with the Pakistan army shoulder to shoulder during the conflict.As prime minister he was witness to all the events of the short duration war, he said adding as a brave and sagacious leader Field Marshal Syed Asim Munir led Pakistan armed forces to a victory against India and made the nation proud and the success was akin to avenging the events of 1971.He said now the enemy was scared and the friendly countries were more confident after success of Pakistan.He recalled that Pakistan conducted six nuclear explosions in response to five detonations of India in 1998, adding Nawaz Sharif was leader of the nation on that momentous occasion, which fortified the defence of Pakistan.Field Marshal Chief of Army Staff Syed Asim Munir, Acting Governor Balochistan Governor Abdul Khaliq Achakzai, Chief Minister Balochistan Mir Sarfraz Bugti and high ranking military and civil officials attended the event.
ISLAMABAD: The government of Pakistan has officially raised petrol prices by one rupee per litre, ARY News reported.According to the latest notification, the new price of petrol is now set at Rs253.63 per litre, up from the previous rate of Rs252.63.The latest notification confirms that there has been no change in diesel rates, which will continue to be sold at Rs254.64 per litre across the country.The price hike has come into effect immediately following the issuance of the official notification. Citizens are expected to feel the impact of this slight increase in their daily transportation costs.Read More: Govt keeps petrol price unchanged for next fortnightEarlier, on May 16, 2025, the federal government announced to keep the petrol price unchanged for the next fortnight in Pakistan.According to a notification issued here, the petrol price were kept unchanged at Rs 252.63 per litre. However, the high-speed diesel price has decreased by Rs 2 per litre as the new price is fixed at Rs 254.64 per litre.Previously on April 30, the government reduced petrol and diesel prices by Rs 2 per litre each, setting petrol at Rs 252.63 per litre and diesel at Rs 256.64 per litre after a reduction of Rs 2.On April 15, Prime Minister (PM) Shehbaz Sharif said that the prices would not be reduced instead, he added 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.
LAHORE: On the directives of the Punjab government, Section 144 of the Criminal Procedure Code has been imposed from June 5 to June 11, to maintain public peace and safeguard the lives of citizens during the Eid al-Adha holidays. The notification was issued on account of the reports associated with Eid al-Adha celebration practices, which are not safe and unhygienic.The Punjab government has announced several guidelines to ensure public safety, hygiene, and public order during the upcoming Eid occasion.According to the notification, animal remains, such as heads and trotters, cannot be burnt in public spaces. Also, animal waste and offal are prohibited from being discarded in drains, manholes, canals, or other water bodies to stop contamination.Read More: No holidays for Sindh transport officials during Eid al-AdhaThe government has also banned the establishment of temporary cattle markets at locations that are not authorised to control the sale of sacrificial animals, allowing transactions only at officially selected sites to maintain proper hygiene and crowd control.Also, the restrictions are imposed on swimming, bathing, and boating in rivers, canals, lakes, and dams to prevent unforeseen incidents and ensure public safety.Displaying of firearms and ammunition publicly has also been banned completely under Section 144 to avoid any threats to peace and security during Eid al-Adha.While discussing the imposition of section 144, the Punjab government’s spokesperson said that these measures have been introduced for the protection of human life, upholding public order, and improving environmental hygiene. He also highlighted that such activities are not only hazardous to one's health but also cause public distress and conflict.In the announcement, the department has also restricted unauthorised organisations from collecting sacrificial animal hides.Only welfare organisations and charities registered with the Punjab Charity Commission can collect hides, ensuring everything is transparent and follows the law.The Home Department has given strict instructions to all district administrations and law enforcement agencies to impose the restrictions and take legal action against any violations.
PESHAWAR: The Jamiat Ulema-e-Islam (JUI-F) has decided to launch a public campaign against Pakistan Tehreek-e-Insaf’s (PTI) Khyber Pakhtunkhwa government across the province to address what it called ‘corruption, mismanagement, deteriorating law and order’, ARY News reported.The JUI-F Khyber Pakhtunkhwa held its working committee in Peshawar on Saturday with Chief Maulana Fazlur Rehman in attendance. The meeting also resolved to oppose the ‘controversial’ Child Marriage Bill.The JUI-F committee also decided to initiate a movement against the provincial Mines and Minerals Bill, with the first major protest scheduled to begin in Hazara Division after Eid-ul-Adha.The meeting demanded accountability for those ‘involved’ in malpractices in many Khyber Pakhtunkhwa uplift projects.“The Kohistan scandal, BRT project, Malam Jabba controversy, and the Billion Trees project corruption are among the projects saw billions of rupees corruption,” the JUI-F maintained.Participants of the meeting criticized the provincial government, alleging widespread corruption across nearly all districts under its patronage.Read More: JUI-F leaders ‘oppose’ alliance with PTI“Those who chanted ‘thief, thief’ have been caught in the biggest theft themselves.” Meanwhile, the meeting resolved to challenge the Child Marriage Bill in the Shariat Court.Earlier, the JUI-F leaders ‘opposed’ political alliance with Pakistan Tehreek-e-Insaf (PTI) for antigovernmental movement.In a Central General Council meeting chaired by Maulana Fazlur Rehman, the party leaders opposed the alliance with PTI and suggested initiating anti-government moment on its own, the sources said.The meeting decided to establish contacts with all political parties. The meeting also opposed the KP Mines and Minerals Bil.JUI leader Hafiz Hamdullah also ruled out any alliance with the PTI. Hafiz Hamdullah in his interview on a private news channel, said more than three months had passed, but the PTI did not address JUI concerns, adding the PTI leaders lacked trust with regard to walk with JUI.“Majority of PTI members are in jail. So, in this circumstances we cannot stand with them. The PTI leadership lacked trust in their ranks to initiate talks with the JUI, as three months have passed they did not address the grievance of JUI. We can go issue-to-issue with PTI in Parliament, if it is necessary.”
Kuwait City/Karachi – 31 May 2025 – According to open market sources, the exchange rate of the Kuwaiti Dinar (KWD) against the Pakistani Rupee (PKR) has held steady at 913.99 PKR.This minor fluctuation in the exchange rate has sparked conversations among analysts and traders regarding the potential factors influencing its value and the likely effects on trade and remittances between the two countries. One Kuwaiti Dinar is equivalent to 913.99 Pakistani Rupees. Understanding the KWD-PKR Exchange RateThe KWD to PKR exchange rate is determined by both economic variables and market dynamics. The Kuwaiti Dinar, recognized as one of the strongest currencies globally, is pegged to a basket of currencies and is not allowed to float freely, thus ensuring a degree of stability. The Central Bank of Kuwait maintains this peg to provide a stable valuation for the currency against leading global currencies.Conversely, the Pakistani Rupee operates on a floating basis, with its value dependent on supply and demand in the foreign exchange market, although the State Bank of Pakistan intervenes periodically to stabilize it. Factors such as foreign currency reserves, trade balances, inflation rates, and interest rate differentials between Kuwait and Pakistan significantly influence the KWD-PKR exchange rate.The slight decline of the Kuwaiti Dinar to 913.99 PKR from 916 yesterday highlights minor shifts in market sentiment driven by changes in Pakistan’s foreign reserves or variations in Pakistani demand for the dinar. Traders have observed that such small fluctuations are inevitable and are likely to stabilize quickly given Kuwait’s strong economic fundamentals.Impact on Trade and RemittancesThe marginal depreciation of the KWD against the PKR has implications for the economy of transactions between Kuwait and Pakistan. Remittances play a crucial role in Pakistan’s economy, with a substantial community of Pakistani expatriates residing in Kuwait. A weaker KWD suggests that Pakistani workers in Kuwait may see a slight decrease in the value of their remittances when converted to PKR. For instance, a monthly 100 KWD remittance previously valued at 91,600 PKR can now be exchanged for 91,399 PKR—this small change could have a significant impact over time for those depending on such remittances.Regarding bilateral trade, the effect will be minimal due to the negligible nature of the decline. Kuwait provides oil products to Pakistan while importing textiles, agricultural goods, and labor services from Pakistan. A stable exchange rate guarantees consistent trading costs, and analysts believe that the current rate of 913.99 PKR is unlikely to cause major disruptions in trade patterns.Overview of KWD and PKRThe Kuwaiti Dinar (KWD) is the official currency of Kuwait, established in 1961 to replace the Gulf Rupee. With its high value, the KWD is supported by Kuwait’s significant oil reserves and stable economic strategies, making it one of the most esteemed currencies in the world.The Pakistani Rupee (PKR), introduced in 1948, serves as the official currency of Pakistan. Its value is influenced by the national economy, foreign reserves, and global market activities. Despite ongoing volatility, the PKR remains a vital component of Pakistan’s economy, backed by exports and remittances.When the KWD-PKR exchange rate stabilizes, market participants will closely monitor the economies of both countries to predict future trends.
QUETTA: Prime Minister (PM) Muhammad Shehbaz Sharif on Saturday said that Pakistan will never allow its water rights to be violated, terming them a red line.Addressing officers at the Command and Staff College in Quetta, the prime minister said that the threats faced by Pakistan are no longer confined to conventional warfare and highlighted the need for preparedness across multiple domains, a state-run news agency, APP, reported.“India tried to make water a weapon, but we have drawn a red line. Pakistan will never allow its water rights to be violated,” he added.Chief of Army Staff Field Marshal Syed Asim Munir, Balochistan Chief Minister Mir Sarfraz Bugti, Federal Ministers Ahsan Iqbal and Attaullah Tarar, Balochistan Corps Commander Lt. Gen. Rahat Naseem Ahmed Khan, and DG ISPR Major General Ahmed Sharif Chaudhry were also present on the occasion.“Threats being faced by Pakistan are no longer limited to traditional warfare. Our military, political, and economic institutions must be equally prepared to face hybrid challenges, from border security to economic sabotage,” PM Shehbaz added.The prime minister also paid tribute to the Pakistan Armed Forces for their valor and professionalism, Pakistan’s decisive response to Indian aggression.“While India targeted innocent civilians, our air force responded with precision, striking seven high-value targets. The response proved Pakistan’s operational readiness on land and in the air,” PM Shehbaz remarked.Read More: Field Marshal Asim Munir warns India against hydro terrorismThe prime minister strongly criticised India’s propaganda and its attempt to weaponize events like the Pahalgam attack, adding that Pakistan responded firmly, diplomatically and militarily.PM Shehbaz also praised the leadership of Field Marshal Asim Munir and Air Chief Marshal Zaheer Ahmad Babar for their strategic foresight, asserting that Pakistan’s armed forces and people stand united against any aggression.“The recent tensions have only boosted the morale of our nation and forces,” he remarked. PM Shehbaz said that when he assumed office for a 16-month tenure, the country was facing severe challenges, but none were insurmountable.“Our focus remains on the economy, reforms, and counterterrorism,” he said.The prime minister emphasized the government’s zero-tolerance policy on corruption, crediting tough decisions and anti-smuggling measures for economic stabilization. “We are introducing modern technologies, including crypto regulation and blockchain, to align Pakistan with the global financial landscape,” he announced.He reaffirmed Pakistan’s strong ties with countries like China, Saudi Arabia, Turkiye, Qatar, and the Gulf states. “Our strategic friendships have endured every test. These nations stood by us in our most difficult times,” he said.The Prime Minister called for collective national effort and hard work to join the ranks of great nations. “Success comes from perseverance. Together, we will transform Pakistan into a model for the world,” he declared.
KABUL: Afghanistan’s interim government announced to upgrade the status of its Chargé d’Affaires in Islamabad to Ambassador.During recent days, diplomatic relations between Afghanistan and Pakistan have taken a significant step forward, with Islamabad elevating its Chargé d’Affaires in Kabul to the rank of Ambassador.In a reciprocal move, the Taliban government has also appointed its representative in Islamabad as an ambassador.According to the Afghan Foreign Ministry, this enhancement in diplomatic representation will pave the way for increased cooperation in various domains between the two nations.Read More: Pakistan, Afghanistan ‘agree’ to fully restore diplomatic ties The Ministry of Foreign Affairs of the Islamic Emirate of Afghanistan welcomes the decision of the Government of Pakistan to upgrade the level of its diplomatic mission in Kabul to that of an ambassador,” the Afghan foreign ministry said on its X account.Afghan Foreign Minister Amir Khan Muttaqi is scheduled to visit Pakistan in the coming days, according to the ministry.Pakistan became the fourth country, following China, the UAE, and Uzbekistan, to recognize a Taliban-appointed Ambassador.
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) slashed the price of Liquefied Petroleum Gas (LPG) by Rs4.62, ARY News reported.As per the notification issued by the OGRA on Saturday, the LPG rates have been reduced to Rs240.43 per kilogram after a reduction of Rs 4.62. This is the second consecutive time LPG price has been cut down as OGRA has cut the LPG prices by Rs3.20 per kilogram, setting the new rate to Rs245.16 per kg.For the second consecutive month, the OGRA has reduced LPG prices as Rs3.20 per kilogram was reduced in for May 2025. The new prices will be in effect from Sunday, June 1, 2025.The price of the standard domestic cylinder weighing 11.8 kg has been reduced by Rs54.80 and the new rate is fixed at Rs2838.31.For May 2025, the LPG domestic cylinder’s price was fixed at Rs 2,892.91.Meanwhile, the federal government is likely to announce new petroleum product prices for the next fortnight, with petrol prices standing at Rs 252.63 per liter, and high-speed diesel standing at Rs 254.64 per litre currently.
Karachi/Manama- May 31: The Bahraini Dinar (BHD) is currently valued at 744.79 Pakistani Rupees (PKR), maintaining a stable exchange rate based on the latest market data. This stability suggests a balance in the economic indicators of both currencies, shedding light on their valuations and the effects on trade and investment.Valuation FactorsThe exchange rate of the Bahraini Dinar relative to the PKR is affected by several elements, including the supply and demand in the foreign exchange market, the economic stability of both nations, and the monetary policies of Pakistan and Bahrain. The Bahraini Dinar's fixed exchange rate against the U.S. dollar at 0.376 BHD per USD is underpinned by Bahrain’s robust oil-driven economy and a stable monetary system overseen by the Central Bank of Bahrain. This peg promotes low volatility against major currencies, by extension stabilizing its value against the PKR.In contrast, the Pakistani Rupee operates under a managed floating exchange rate system influenced by interventions from the State Bank of Pakistan, levels of inflation, and foreign exchange reserves. Pakistan's economy, heavily reliant on remittances, textile exports, and foreign loans, tends to be more volatile. The current stability at 744.79 PKR/BHD reflects a balance in trade flows and short-term investor confidence, despite the economic challenges facing Pakistan, including inflation and external debt pressures.Economic ImplicationsThe established exchange rate influences the economies of both nations in significant ways. For Bahrain, a consistent BHD-PKR rate fosters predictable trade costs, particularly for imports from Pakistan, such as textiles and agricultural products. This stability boosts confidence for Bahraini investors and Pakistani businesses benefiting from Bahraini capital, diminishing currency risk associated with international investments.For Pakistan, the stable rate guarantees the affordability of imports from Bahrain, which are crucial for the banking and energy sectors, including petroleum products and financial services. Furthermore, remittances from Pakistani workers in Bahrain, a key source of foreign exchange, are less vulnerable to changes in exchange rates, ensuring steady inflows for Pakistani consumers and the broader economy.However, the exchange rate of the Bahraini Dinar against the PKR highlights the disparity in purchasing power. One BHD equates to a significant amount of PKR, which may exert pressure on Pakistan’s import expenses and trade balance if the PKR depreciates in the future. Conversely, this scenario enhances the competitiveness of Pakistani labor and goods in Bahrain, potentially boosting exports and remittances.Currency OverviewThe Bahraini Dinar (BHD) was introduced in 1965 as the official currency of the Kingdom of Bahrain, replacing the Gulf Rupee. Its abbreviation is “BD” or “ب.د”, and it is subdivided into 1,000 fils. The BHD is one of the strongest currencies globally, backed by Bahrain’s oil reserves and sound economic policies.The Pakistani Rupee (PKR), which began circulation in 1948, is the currency of Pakistan, succeeding the Indian Rupee. It is denoted by the symbol “₨” or “Rs” and divided into 100 paisa. The value of the PKR is influenced by Pakistan’s diverse economy, encompassing agriculture, manufacturing, and services, as well as global commodity prices and support from the IMF.
Karachi, 31 May 2025 – According to the most recent currency market data, the open market exchange rate for the UAE Dirham (AED) stands at 76.44 PKR against the Pakistani Rupee (PKR).This level of stability follows a period of calm in the AED and PKR exchange rates, supported by consistent remittances and favorable economic conditions in both Pakistan and the UAE.Understanding the AED-PKR Exchange RateThe exchange rate between the UAE Dirham and the Pakistani Rupee is influenced by market dynamics as well as interventions by central banks. Since 1997, the Dirham has been fixed to the US Dollar at approximately 3.67 AED/USD, a policy implemented by the UAE Central Bank. This fixed exchange rate helps maintain the Dirham’s parity with the US Dollar, supported by the UAE’s oil-driven economy and its initiatives towards diversification into different sectors.In contrast, the value of the PKR is managed under a floating exchange rate system. Our analysis shows that it is mostly determined by the demand and supply of foreign currency. The State Bank of Pakistan occasionally steps in to reduce volatility. Factors such as remittances, foreign reserves, trade balance, and inflation—particularly highlighted by the $3.1 billion sent back from the UAE in February 2025—play significant roles in the valuation of the PKR.The daily conversion of AED to PKR is set by interbank and open market exchange rates. The buying rate is quoted at 76.67 PKR, while the selling rate is around 77.25 PKR from banks and exchange companies, which may also include a nominal additional commission for sellers. This information is refreshed daily at 8:00 AM Pakistan Standard Time and may fluctuate throughout the day in line with market changes.Effects of StabilityThe fixed exchange rate of 76.44 PKR for the UAE Dirham has important implications for Pakistan and the over two million Pakistani workers residing in the UAE. This fixed rate offers them confidence when sending remittances back to their families, benefiting Pakistani family-run businesses. Additionally, it aids trading firms engaged in the import and export of goods like food, apparel, and construction materials between Pakistan and the UAE, thus eliminating risks related to currency fluctuations.For the economy of Pakistan, a stable exchange rate between the AED and PKR promotes effective remittances, which are crucial to maintaining foreign exchange reserves. Experts argue that this stability is a consequence of sound trade practices, robust reserves, and the absence of speculative pressures. The UAE represents a key economic partner for Pakistan, where remittances help stabilize the PKR. However, the managed floating regime of the PKR exposes it to domestic factors such as inflation and trade deficits. Currency analysts caution that, while the AED-PKR exchange rate is stable at present, market participants should stay alert for potential volatility stemming from external factors like fluctuations in oil prices and geopolitical tensions that could affect the value of the US Dollar and subsequently the Dirham.Overview of AED and PKRThe UAE Dirham was introduced in 1973 to replace the Qatar and Dubai Riyal as the official currency of the UAE, which is issued and regulated by the UAE Central Bank and divided into 100 fils. It is abbreviated as AED, and its peg to the US Dollar is underpinned by the UAE’s oil reserves, sound fiscal policies, and its position as a global trade hub. The Dirham is widely used across all seven emirates, particularly in major cities such as Dubai and Abu Dhabi and in tourist areas.The Pakistani Rupee, which came into circulation in 1947, serves as Pakistan’s official currency, subdivided into 100 paise, and is denoted by “₨” or “Rs.” It is governed by the State Bank of Pakistan and operates under a controlled floating exchange rate system. Its value varies based on a number of factors including inflation, trade deficits, and the availability of reserves. Currency Rates in Pakistan Today
ISLAMABAD: The government has decided to accelerate operations against foreign nationals residing illegally in Pakistan, ARY News reported.The decision was taken at a meeting of Counter-Terrorism and Harden the State Committees held in Islamabad today, with Interior Minister Mohsin Naqvi in the chair.The Minister said NADRA will provide live data verification facilities at exit points to support the operations.He said all federal and provincial agencies and institutions must work together to fully implement the "One Document Regime" and eliminate the illegal spectrum from the country.Emphasizing strict action against beggar mafia, Mohsin Naqvi underscored the need to declare begging a non-bailable offence.Regarding action against power pilferage, the Interior Minister said every possible support is being provided to the Ministry of Energy and provincial governments to prevent electricity theft.The meeting was briefed that 142 billion rupees have been recovered through cooperation between the Interior Ministry and provincial governments.The meeting also reviewed progress on anti-encroachment operations and the establishment of Pakistan Port Authority.Progress on the 'Gwadar City Safe City Project' and the construction of a protection wall was also discussed.The meeting was briefed that digital enforcement stations are being set up along the Indus River, while work is underway for developing an Intelligent Transportation System for effective monitoring on motorways and national highways.The meeting also reviewed progress on the digitization of petrol pumps to curb the sale of illegal and smuggled fuel.
SADIQABAD: In a shocking case of medical negligence, doctors at a private hospital in Sadiqabad, Rahim Yar Khan district, performed unnecessary appendix surgeries on dozens of children in an alleged major misdiagnosis case.The incident took place in Tallo Bangla Chak 212, where the medical staff of Toheed Medical Complex on Kacha Shahi Road carried out appendectomies on dozens of children who were complaining of abdominal pain.Authorities sealed the Toheed Medical Complex after an inquiry report revealed serious negligence, unethical and inappropriate surgical interventions.The investigation followed a public outcry after the incident went viral on social media.According to the official inquiry, conducted by a three-member committee, no outbreak of an infectious disease was reported in the area.The report confirmed that appendectomies were performed on 22 out of the 28 examined children at Toheed Medical Complex.“All 24 examined children were found to be medically stable and oriented to time and place,” the report added.Four patients were also brought to THQ Hospital with the complaint of lower abdominal pain. However, after examination and ultrasound, no significant abnormalities were seen and the Consultant Surgeon of THQ Hospital Sadiqabad prescribed medicine, the report noted.The committee inspected the Toheed Medical Complex, where it marked several discrepancies.According to the report, the hospital did not have a Punjab Healthcare Commission (PHC) License, the operation theatre did not have sufficient arrangements for the surgeries and no OT Swabs were sent for Culture - a basic requirement for infection control."The condition of cleanliness and segregation were poor”, the report said.Based on these findings, the inquiry committee concluded that unethical and inappropriate surgical interventions of these 22 patients were carried out in the hospital.The committee recommended the immediate cessation of clinic operations and sealing of the clinic premises.The case has also been referred to the Punjab Healthcare Commission for further investigation and to identify those responsible under the Punjab Healthcare Commission Act.[video width="634" height="360" mp4="https://arynews.tv/wp-content/uploads/2025/05/AQMzaFRR53fsjhdopkk8TCbrvVNILct-zHo6gygWHUFGsAMcDzOLBpIGhkgNbY0S49dszd_MW_vu49cvc-a51RrT.mp4"][/video]
PESHAWAR: Rainfall and windstorm claimed 10 lives in Khyber Pakhtunkhwa while 30 others were injured in calamitous weather incident, PDMA said on Saturday.Provincial Disaster Management Authority (PDMA) in a report stated that 10 people were killed in rainfall and storm in KP, including five men, three women and two children.Those injured included 13 men, 10 women and seven children, disaster management authority shared in its report.The rain and storm thoroughly damaged two houses, while 34 properties were partly affected.PDMA stated that the weather-related mishaps took place in Peshawar, Swabi, Shangla, Swat and Haripur districts of the province.Earlier, ferocious windstorm on May 19 lashed Peshawar and other parts of Khyber Pakhtunkhwa claimed at least three lives while 14 were injured in different incidents.PDMA in a report on losses in the storm said that the weather event claimed lives of two men and a child.A man was killed in Khyber, while a tower and several solar panels fell down due to strong winds. The man was killed by a falling solar panel.Moreover, eight men, three women and three children were among 14 injured in the storm.“The storm partially damaged five properties including three houses and two building,” PDMA said.“Incidents of falling walls and uprooted trees were also reported from Charsadda, Khyber, Nowshera and Peshawar,” according to the report.
ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan on Saturday announced country-wide protest movement against the government, ARY News reported quoting PTI Senator Ali Zafar.The PTI senator clarified that the protest movement will not be centered in Islamabad but will span across Pakistan.He stated that Imran Khan feels “pushed against the wall” with no options left but to take to the streets, saying that the former prime minister will issue all directives for the movement from jail.Senator Zafar revealed that he has been tasked by the PTI founder to develop a detailed plan for the protest movement, which he will present during their next meeting.Describing the movement as unprecedented, Zafar noted that while obstacles are expected, the party is prepared to navigate them. He added that a strategy for the protests will be finalized within a few days.Ali Zafar also expressed hope for judicial relief in an upcoming hearing on June 5, 2025, though he acknowledged uncertainty about its outcome.Read More: PTI ‘mends’ Aleema Khan-KP CM Gandapur riftsEarlier, PTI reconciled differences between Former PM Imran Khan sister Aleema Khan and Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur, ARY News reported citing sources.According to sources, a key leadership meeting in Islamabad, attended by Imran Khan’s three sisters, Gandapur, and party lawyers, focused on unifying the party to expedite efforts for Khan’s release from Adiala Jail.Sources revealed that Aleema Khan clarified she and her sisters are not politically active but will advocate for their brother’s freedom. The leadership resolved internal disputes and decided to intensify a campaign for Khan’s release, with PTI parliamentarians directed to attend court hearings related to his cases.On the other hand, Pakistan Tehreek-e-Insaf Chairman Barrister Gohar Ali Khan expressed optimism about the potential release of PTI founder Imran Khan ahead of Eidul Adha.“We are trying our best and hopeful that Allah will open a way,” he said while talking to newsmen in Islamabad.Barrister Gohar stressed that the concerns raised by PTI workers regarding the prolonged detention of their leader were valid. “No one can comprehend why PTI founder Imran Khan has spent two years behind bars,” he remarked. Click here for latest updates on Imran Khan
GUMI: Pakistan's Olympic champion Arshad Nadeem won gold with a massive 86.40m in the men’s javelin final at the Asian Athletics Championship being held in Gumi, South Korea, ARY News reportedNadeem, narrowly missed breaking the championship record of 86.72m but secured the top spot in Asian Championship.India’s Sachin Yadav earned the silver medal with a 85.16m throw, while Japan’s Yuta Sakiyama took bronze with 83.75m. Sri Lanka’s Rumesh Tharanga Pathirage, who led early in the competition, finished fourth with an 83.27m throw, missing the podium. Pakistan’s Yasir Sultan placed eighth with a 75.39m effort.Nadeem’s performance captivated the crowd, with ‘Dil Dil Pakistan’ echoing through the stadium as he competed in his first international event since the Paris Olympics.Starting slowly with throws of 75.64m and 76.80m, he surged to the lead with an 85.57m throw on his third attempt. After throws of 83.99m and 83.44m, Nadeem sealed the gold with a commanding 86.40m on his final attempt.It is worth mentioning here that the Pakistani Athlete Arshad Nadeem competed at the 2024 Olympics in Paris and stunned the world with a record-breaking javelin throw surpassing 90 meters, marking the sixth-longest throw globally.The achievement earned him the nation’s highest civilian honor, Tamgha-e-Imtiaz, and he was welcomed home with huge celebrations across Pakistan.Following his remarkable achievement, the federal and provincial governments awarded the javelin thrower cash prizes, while private organizations announced additional rewards for the national hero.In a recent interview, the Olympic gold medallist disclosed that while he received some of the promised prizes from government officials the rewards announced by the private organizations remain unfulfilled.Read more: Hilal-e-Imtiaz conferred on Olympian Arshad NadeemPresident Asif Ali Zardari and Prime Minister Muhammad Shehbaz Sharif felicitated Arshad Nadeem on clinching a gold medal in the Asian Athletics Championships 2025.The president said that Arshad Nadeem had once again brought laurels to the country in javelin throwing as he showed superb performance throughout the championship.The president and the prime minister congratulated the nation his historic win, separate press releases of President Press Wing and PM Media Office said.The entire nation was proud of Arshad Nadeem’s feat; they said and prayed for his further achievements.The prime minister said that Arshad Nadeem was continuing his journey of success, further enhancing prestige of the country’s flag.He said that Arshad’s hard work, passion and brilliant success was a guiding precedent for the young athletes.
SINGAPORE: For the first time, the Indian military has confirmed the loss of fighter jets during recent clashes with Pakistan on May 10.Speaking to Bloomberg TV at the Shangri-La Dialogue in Singapore, India's Chief of Defence Staff, General Anil Chauhan, acknowledged the losses but declined to specify the number of aircraft downed."What is important is not the number of jets that were downed, but why they were downed," General Chauhan said. "Understanding the mistakes that led to the losses, correcting them, and ensuring they are not repeated — that is what matters."He emphasized that the Indian Air Force quickly learned from the tactical errors made during the conflict."The good part is that we were able to identify the mistake, rectify it, and resume operations within two days. All our jets were flying again and engaging targets at long range," he added.General Chauhan dismissed Pakistan’s assertion of shooting down six Indian fighter jets as inaccurate. India’s military confirmed for the first time that it lost an unspecified number of fighter jets in clashes with Pakistan in May. Anil Chauhan, chief of defense staff of the Indian Armed Forces, spoke to Bloomberg TV on Saturday, while attending the Shangri-La Dialogue in… pic.twitter.com/9y3GW6WJfn— Bloomberg TV (@BloombergTV) May 31, 2025 Until now, the Indian government had refrained from commenting on whether any aircraft were lost in the conflict.General Chauhan's remarks mark the most direct acknowledgment from an Indian official regarding the fate of its warplanes during the brief but intense skirmish with Pakistan.Earlier, Prime Minister Shehbaz Sharif stated that the Pakistan Air Force (PAF) had shot down six Indian fighter jets during the confrontation.Read More: Pakistan shot down six Indian jets: PM ShehbazWhen asked about former U.S. President Donald Trump's claim that American diplomacy helped avert a nuclear conflict between India and Pakistan, General Chauhan declined to comment directly but called the suggestion "far-fetched.""I personally feel there is significant space between conventional military operations and the nuclear threshold," he said. Communication channels with Pakistan "were always open" to de-escalate tensions, he added, noting that there are "sub-ladders" on the escalation scale that both nations can use to resolve issues without resorting to nuclear options.
ISLAMABAD: The International Monetary Fund (IMF) has raised concerns over Pakistan’s plan to allocate 2,000 megawatts (MW) of electricity for cryptocurrency mining, ARY News reported citing sources.According to sources, the IMF demanded details on the pricing of cryptocurrency mining power supply.During ongoing budget negotiations for the fiscal year 2025-26, the IMF instructed Pakistan to avoid offering subsidized rates for the electricity allocated to crypto mining and artificial intelligence (AI) data centers, emphasizing fiscal discipline, sources added.Pakistan’s government is making strenuous efforts to secure relief measures in the budget, but the IMF has objected to most of these proposals, including tax exemptions and leniencies, according to sources.The lender is pressing Pakistan to meet pre-agreed economic targets, maintain expenditure limits, and make tough budgetary decisions to ensure fiscal stability.Additionally, the IMF has demanded an increase in excise duties on non-essential and luxury items to boost revenue, further intensifying pressure on the government as it navigates these challenging negotiations to secure continued support under the $7 billion Extended Fund Facility.Also read: Pakistan announces first govt-backed strategic Bitcoin reserveIt is worth mentioning here that the government of Pakistan allocated two thousand Megawatts of electricity for Bitcoin Mining and Artificial Intelligence Data Centers.According to Finance Division, the ambitious initiative is part of a broader strategy to monetize surplus electricity, create high-tech jobs, attract billions of dollars in Foreign Direct Investment, and generate billions of dollars for the government.In a statement, Finance Minister Senator Muhammad Aurangzeb said the strategic allocation marks a pivotal moment in Pakistan’s digital transformation journey, unlocking economic potential by turning excess energy into innovation, investment, and international revenue.Highlighting the transformative nature of initiative, CEO of the Pakistan Crypto Council Bilal Bin Saqib said that with proper regulation, transparency, and international collaboration, Pakistan can become a global crypto and AI powerhouse.He said this energy-backed digital transformation not only unlocks high-value investment, but enables the government to generate foreign exchange in US Dollar through Bitcoin mining.Bilal Bin Saqib said Pakistan can accumulate Bitcoin directly into a national wallet, marking a monumental shift from selling power in Pakistani Rupees to leveraging digital assets for economic stability
MAKKAH: Pakistan's pre-Hajj flight operation to airlift intending pilgrims will conclude today (Saturday).Talking to Radio Pakistan Correspondent in Makkah, Secretary Religious Affairs Dr Syed Ata ur Rehman said over 87,000 pilgrims have landed in Saudi Arabia so far under the government scheme while 21,984 pilgrims have reached under the private scheme.He said five flights are scheduled for Saturday from Islamabad, Karachi and Lahore to airlift the remaining pilgrims under the government scheme.The Secretary highlighted the historic arrangements in place for the guests of Allah during Mashair days this year.Sharing details, he said traditional mattresses have been replaced with sofa-cum-beds, air conditioners have been installed alongside existing air coolers. Elevated luggage storage racks and shoe racks have also been introduced to enhance comfort.Dr Syed Ata ur Rehman emphasized the government's continued efforts to ensure a fulfilling experience for the pilgrims.To a question, he urged the Hujjaj to uphold the national image during this spiritual journey by strictly following Saudi laws, as these are designed for the smooth conduct of Hajj.Read More: Hajj 2025: Saudi Arabia to broadcast ‘Arafat Sermon’ in 35 languagesMeanwhile, the Presidency for Religious Affairs at the Grand Mosque and the Prophet’s Mosque has launched an ambitious global initiative to translate and broadcast this year’s Arafat Sermon (1446 AH) in 35 languages, in a bid to reach over five million Muslims worldwide.Described as the largest enrichment package in the Presidency’s history, the initiative seeks to enhance the spiritual experience of pilgrims and convey the sermon’s message of moderation and balance to a global audience. The enrichment pathway will include real-time translations, digital streaming, and dissemination through various social media platforms.The project was officially launched by His Excellency Sheikh Dr. Abdulrahman Al-Sudais, President of Religious Affairs at the Two Holy Mosques, during a meeting at his office in the Grand Mosque.
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