ISLAMABAD: With only one day remains for prospective pilgrims to register for Hajj 2026, as Wednesday, July 9, is the last opportunity to secure a spot, according to a statement from the Ministry of Religious Affairs.The ministry has outlined that registrations can be completed through 15 designated banks, with online registration also available from home.Details regarding Hajj 2026 expenses and other terms and conditions will be issued in line with official policy. The ministry’s spokesperson noted that registered individuals can opt for either the government or private Hajj scheme.Additionally, the spokesperson urged overseas Pakistanis with valid passports to complete their registration promptly via the online portal, emphasizing that registration is mandatory for travel from Pakistan for Hajj 2026.The ministry had set a deadline of July 9 for intending pilgrims to register. Only those who complete the registration will be considered eligible for Hajj 2026. Pilgrims can register at fifteen designated banks across the country.Read More: 18 Pakistani pilgrims died during Hajj 2025A spokesperson for the Ministry of Religious Affairs stated that the registration process aligns with instructions from the Government of Saudi Arabia. The number of registrations will determine the Hajj quota allocated to Pakistan by Saudi authorities.It is worth mentioning here that this year, 1,673,230 pilgrims globally participated in the Hajj, with 1,506,576 international pilgrims arriving from 171 different countries.According to Saudi Arabia records, 166,654 domestic pilgrims participated Hajj this year, creating one of the most balanced gender ratios in Hajj history, with 877,841 men and 795,389 women.

ISLAMABAD: Pakistan Peoples Party (PPP) Information Secretary and Member of the National Assembly, Shazia Marri, on Tuesday, strongly refuted rumors suggesting that President Asif Ali Zardari is planning to resign, calling them “fabricated and baseless.”In an official statement, Shazia Marri said, “The rumors of President Asif Ali Zardari’s resignation are entirely unfounded and based on falsehoods.”She added that both the PPP and President Zardari have consistently demonstrated their commitment to face challenges rather than backing down.“History is witness to President Zardari’s resilience as he stood firm in the face of dictatorship and imprisonment,” she stated.Addressing concerns about political alliances, Marri emphasized that the PPP maintains strong and positive relations with its coalition partners. “There is no justification for such speculations. A two-thirds majority is required in all four provincial assemblies, the National Assembly, and the Senate for any change,” she noted.Read More: Zardari’s presidency faces no threat as system cannot run without PPPShazia Marri further said that President Asif Ali Zardari is poised to become the first civilian president in Pakistan's history to complete two full terms in office, reinforcing his legacy of political endurance and constitutional continuity.Earlier, Pakistan People’s Party (PPP) spokesman Nadeem Afzal Chand said that President Asif Ali Zardari’s position is secure and that the country’s political system cannot function without their party.“There is no threat to Asif Ali Zardari’s presidency as the system cannot operate without the PPP. How can they throw us out?,” Nadeem Afzal Chand said during an exclusive interview with ARY News.Replying to a question about Prime Minister Shehbaz Sharif, the PPP spokesman remarked, “He [Shehbaz Sharif] was Chief Minister, now he is Prime Minister—what more will he become?”

ISLAMABAD: The Privatization Commission Board has pre-qualified four investors for Pakistan International Airlines (PIA) during its meeting, ARY News reported.Privatization Minister Muhammad Ali chaired the 273rd meeting of the board which also approved the transaction structure for the Roosevelt Hotel deal.According to a statement issued here, the pre-qualification committee reviewed applications from five potential investors, with a thorough evaluation leading to the selection of four qualified companies.The pre-qualified consortia include Lucky Cement Limited and Hub Power Holdings Limited in the first group, Kohat Cement Company Limited and Metro Ventures Limited in the second, Arif Habib Corporation Limited and Fatima Fertilizer Company in the third, alongside City Schools Limited and Lake City Holdings, while Fauji Fertilizer features in the third consortium and Airblue in the fourth.These consortia will now proceed to the due diligence phase. The board also endorsed the Roosevelt Hotel transaction structure, aimed at maximizing long-term value for the country.Read more: Govt moves ahead with PIA privatization, issues official advertisementEarlier, the Privatization Commission decided not to extend the deadline for submitting bids for the privatization of Pakistan International Airlines (PIA).The commission has decided to keep  final date set for June 19, 2025, according to an official statement.The Privatization Commission of Pakistan has received Expressions of Interest (EOIs) from eight companies for PIA’s privatization. As of now, applications from five companies have been submitted, the statement added.This development follows the government’s renewed push to privatize the national flag carrier. The privatization (PIA) is likely to complete by November 2025,According to sources, the government of Pakistan is planning to sell fifty percent shares of the national airline. Sources further revealed that domestic and international groups have shown interest in buying PIA shares.

ISLAMABAD: The Federal Investigation Agency (FIA) has issued a strong clarification regarding media reports falsely attributing recent judicial orders to the FIA concerning the closure of YouTube channels.According to the official statement, the National Cyber Crime Investigation Agency (NCCIA) has now been formally established and is fully operational. All investigations and legal proceedings related to cybercrime now fall exclusively under the jurisdiction of the NCCIA, not the FIA.“The news circulating in the media, claiming that a judicial magistrate has ordered the FIA to shut down 27 Pakistani YouTube channels, is completely baseless and inaccurate,” the FIA spokesperson stated.The clarification emphasizes that the court orders in question were issued on the request of the National Cyber Crime Investigation Agency (NCCIA), and FIA has not been mentioned anywhere in the judicial directives.“It is essential to understand that FIA and NCCIA are two separate and independent institutions. Cybercrime investigations and related legal matters are no longer under the mandate of the FIA,” the spokesperson added.Read More: Islamabad court moves to block 27 YouTube channelsThe FIA urged the public and media personnel to refrain from spreading unverified news and to confirm any information with the relevant official institutions before broadcasting or publishing.

ISLAMABAD: Federal Minister for Education and Professional Training Dr. Khalid Maqbool Siddiqui on Tuesday chaired a high-level meeting of the third special committee for the Prime Minister’s Laptop Scheme Phase IV.The meeting was co-chaired by the Chairman of the Prime Minister's Youth Programme Rana Mashhood while and Federal Minister for Information and Broadcasting Attaullah Tarar also participated in the sessionAccording to a press statement issued here, the committee thoroughly reviewed the regional distribution of applications and quota allocations. Discussions also took place on launching a dedicated media campaign for the Laptop Scheme ceremonies.During the meeting, it was decided that a collaborative media awareness campaign will be initiated in coordination with the Ministry of Information and Broadcasting.“The Ministry of Information will lead the media campaign for the Laptop Scheme,” said Dr. Khalid Maqbool.He added that the central inauguration ceremony will be held at Jinnah Convention Centre on July 25.Further regional ceremonies will follow, according to Mr. Rana Mashhood, and their dates will be announced soon.Read More: HEC releases merit list for PM Youth Laptop Scheme 2025“This scheme is a part of Prime Minister Shehbaz Sharif’s vision to empower the youth,” the education minister said and added, “Access to technology for our youth is a guarantee of national progress.”Chairman Rana Mashhood emphasized that “Youth empowerment is essential for building a stronger and brighter future for Pakistan.”As part of the government’s efforts to promote smart education and digital empowerment among youth, the scheme aims to empower 100,000 talented students with laptops to enhance their academic and research capabilities under the PM Laptop scheme 2025.

ISLAMABAD: Prime Minister (PM) Shehbaz Sharif has emphasized the importance of leveraging domestic resources to fuel economic progress and achieve Pakistan's self-sufficiency.PM Shehbaz passed these remarks during a meeting with prominent industrial leaders in Islamabad on Tuesday to discuss economic and industrial advancement, enhance exports, and tackle the business community's issues.Greeting the attendees, PM Shehbaz informed the business leaders that stability has been established, with the current priority on economic expansion, boosting exports, generating jobs, fostering industrial growth, and drawing in foreign investment.PM Shehbaz said suggestions from the business community are extremely valuable for national economic progress. He assured to personally meet with the business community every month to include them in the consultative process for economic development. He expressed the commitment to consult the private sector representatives and experts from every field.Read More: PM Shehbaz calls for effective use of AI to boost agri production“Participants lauded the government's team for bringing economic stability to the country under the leadership of Prime Minister Shehbaz Sharif. They appreciated the government for successfully finalizing and implementing the IMF program after long and testing negotiations to save Pakistan's economy,” a press statement issued here read.The business leaders also declared the budget for the current budget as people-friendly and a step in the right direction toward ease of doing business. It is essential that government policies align with the needs of business, investment, and industry. They said provision of more facilities to investors and exporters are vital to increase foreign investment in Pakistan.The meeting was briefed that the government team is striving to enhance awareness and coordination with the private sector to facilitate government policies. It was told that for the first time in the country's history, a modern IT ecosystem is being introduced. The AI-based systems are being developed across various sectors, including agriculture.Besides, consultations with the private sector, especially exporters, are being accelerated to expand port infrastructure and fully operationalize Gwadar Port.

ISLAMABAD: A high-level Chinese defence delegation led by Lieutenant General Wang Gang, Chief of Staff of People’s Liberation Army Air Force called on Air Chief Marshal Zaheer Ahmed Baber Sidhu, Chief of the Air Staff, Pakistan Air Force on Tuesday at Air Headquarters Islamabad.During the meeting, matters of mutual interest, regional security dynamics and avenues of enhanced bilateral cooperation, particularly in the domain of airpower and operational synergy were discussed, according to Inter Services Public Relations (ISPR).The Air Chief extended a gracious welcome to the distinguished guests, reiterating that Pakistan and China enjoy historic and time-tested ties rooted in mutual trust, strategic convergence and shared aspirations for regional peace & stability.Lieutenant General Wang Gang was given a comprehensive briefing on PAF’s modern force structure, strategic initiatives and the evolution of its operational doctrine. Chief of the Air Staff also reaffirmed the strong bond of friendship between the two Air Forces and reiterated Pakistan Air Force’s commitment to expanding cooperation in training, technology and operational domains.Read More: Field Marshal Asim Munir on India’s claim of China’s assistance to PakistanGeneral Wang Gang expressed deep appreciation for the high state of operational readiness and the cutting-edge capabilities of Pakistan Air Force. He was particularly impressed by PAF’s seamless integration of Multi-Domain Operations, terming it a hallmark of modern air warfare and conveyed PLAAF’s keen interest in learning from PAF’s battle-proven experience in Multi Domain Operations.https://www.youtube.com/watch?v=paMFkIWINeg&t=10sLauding the professional acumen and strategic foresight of PAF’s leadership, the visiting dignitary paid rich tribute to the exemplary performance of Pakistan Air Force during the recent conflict with India, the press release added.He praised the decisive and measured response delivered by PAF pilots under the resolute leadership of the Air Chief, describing it as a textbook example of precision, discipline and courage in the face of unprovoked aggression.The meeting stands as a testament to the shared resolve of Pakistan and China to advance their time-tested strategic partnership through deepened cooperation and innovation-driven collaboration.

PESHAWAR: The Peshawar High Court on Tuesday declared the Election Commission of Pakistan’s (ECP) notifications regarding reserved seats allocation in Khyber Pakhtunkhwa null and void, ARY News reported.Hearing a plea filed by the Pakistan Muslim League-Nawaz (PML-N), the PHC bench directed the ECP to reassess the allocation of the specially designated seats for minorities and women.The court also directed the election watchdog to hold consultations with all candidates and political parties within 10 days to determine the new allocation.The court issued a two-page reserved decision, nullifying the ECP’s notifications dated March 4 and March 26, 2024.The PML-N had challenged the allocation of the seats for women and minorities in Khyber Pakhtunkhwa, maintaining an ‘inequitable’ allocation of the seats by the ECP.Submitted through Barrister Saqib Raza, the PML-N's petition asserted that Jamiat Ulema-e-Islam-Fazl (F) was allocated 10 reserved seats based on its seven general seats.Read More: ECP issues notification for reserved seats restorationThe petition read that the PML-N also secured seven general seats in the KP Assembly yet it was allocated only seven reserved seats for an identical number of general seats as JUI-F.The party maintained that it originally won six general seats in the province, with one independent joining within three days of the election—totaling seven.The petitioner added that the ECP allocated reserved seats solely in proportion to six general seats, which the petitioner argued ‘unfair’.The PML-N requested the court to prevent the newly notified members on reserved seats from taking their oath pending a final ruling.The party also requested the PHC to invalidate the ECP's notification on reserved seat distribution and direct the election watchdog to adjust the allocations.Allocation of reserves seats in Khyber Pakhtunkhwa AssemblyThe Maulana Fazlur Rehman-led party, JUI-F, has secured total 10 seats—eight for women and two for minorities—in the Khyber Pakhtunkhwa Assembly.The PML-N has secured six seats for women and one for minorities.The PPP has been allocated five seats for women one for minorities while Awami National Party (ANP) and PTI-Parliamentarians have each secured one reserved seat for women.

LAHORE: A local court on Tuesday granted a four-day physical remand of underage driver, Hashir, who was involved in a fatal car crash in Lahore, ARY News reported.Police produced the accused before Judicial Magistrate Rana Shaheryar, seeking a 14-day physical remand.The investigation officer stated that the remand was needed to verify the driver’s age, conduct a psychological evaluation, and carry out further investigation into the car crash incident. However, the court approved a four-day remand.Meanwhile, police have obtained Hashir's school certificate to confirm his age. Officials noted that the accused has repeatedly changed his statements in an attempt to mislead the investigation officer.https://www.youtube.com/watch?v=yFRj6732MlkAuthorities have also decided to include Hashir’s father, Umar Malik, and Khurram, the sales manager of a pharmaceutical company, in the investigation. The pharmaceutical company reportedly registered the vehicle involved in the crash under a private bank’s name.Read More: One dead as underage driver runs over three motorcycles in LahoreThe incident occurred a day ago, when an underage driver ran over three motorcycles in Shahdara, Lahore, leaving at least one dead and three others injured.According to police reports, the collision occurred due to reckless driving by the underage driver, identified as Hashir, who has been arrested and charged in connection with the incident. The underage driver lost control of a car and crushed three motorcycles.The case was registered based on a complaint filed by the brother of the deceased, identified as 30-year-old Muhammad Amin.Inspector General (IG) of Punjab Police, Dr. Usman Anwar, took notice of the incident and expressed strong disapproval of traffic violations by underage drivers.He issued directives to intensify crackdowns on underage driving across Punjab, emphasizing that unlicensed minors must not be allowed on the roads.IG Punjab also ordered strict action against the parents of underage drivers and stressed a zero-tolerance policy for overspeeding, overloading, and one-way traffic violations.

RAWALPINDI: Punjab Chief Minister Maryam Nawaz on Tuesday inaugurated the Mall Road Underpass and the Nawaz Sharif Flyover on Adiala Road, marking the completion of two significant infrastructure projects.She was accompanied by Federal Railway Minister Muhammad Hanif Abbasi, Federal Parliamentary Secretary for Information and Broadcasting Barrister Danyal Ch, PML-N Divisional President Malik Abrar Ahmed, MNA Tahira Aurangzeb, and MPAs Ziaullah Shah and Raja Hanif.During the inauguration ceremony, CM Maryam lauded the Communication and Works (C&W) Department for their remarkable proficiency in completing the projects in record time. She specifically commended C&W Minister Sohaib Bharth and C&W Secretary Sohail Ashraf, saying them a “star team”.‘The Mall Road Underpass was completed in just 114 days, while the Nawaz Sharif Flyover was finalized in 120 days, is as a ‘small miracle’, she said.The chief minister said that over the past year, 12,000 kilometers of roads, including dual carriage ways and rehabilitation of roads, have been constructed across Punjab.She expressed confidence that the government would achieve its target of completing 19,000 kilometers of roads by the end of the year to further enhancing connectivity and infrastructure in the region. Maryam announced revamping and restoration of Lai project.She announced clean drinking water projects for South Punjab and Potohar, pipeline installations, and a solution for Murree’s water issues.“Rawalpindi’s Nullah Lai is an older issue to which we are going for its revamping. This will be another gift for Pindites”, announced the chief minister. She reaffirmed to complete the Ring Road within the given time frame too.Read More: PM Shehbaz calls for effective use of AI to boost agri productionMaryam also highlighted that Rawalpindi’s schools were being upgraded, and 1,250 health centers across Punjab have been revamped into mini-hospitals.Maryam underlined the Clean Punjab program’s success in improving sanitation and Rawalpindi’s ongoing beautification saying “I monitor these projects personally”.She also commended the teamwork during Muharram, and observed widespread appreciation for the arrangements and the religious harmony maintained during the Muharram.

Dubai, July 8, 2025 – The UAE Dirham (AED) is trading at 77.39 Pakistani Rupee (PKR) today at 6:19 PM PST, marking a slight increase of 0.08 PKR from yesterday’s rate of 77.31 PKR.This uptick follows a robust performance in June, during which the AED gained 0.81 PKR, rising from 76.44 PKR at the start of the month to 77.25 PKR by its close. The Dirham’s continued strength highlights the United Arab Emirates’ solid economic policies and its prominent position as a global financial hub. 1 UAE Dirham= 77.39 Pakistani Rupee The UAE’s economic resilience is driven by its strategic diversification from oil dependency, with significant investments in technology, renewable energy, and thriving trade and tourism sectors in cities like Dubai and Abu Dhabi. These efforts, bolstered by prudent fiscal management and state-of-the-art infrastructure, have established the UAE as a leading destination for global investment. The Dirham’s stability, anchored by its peg to the US Dollar, reinforces its reliability for international trade and commerce, solidifying the UAE’s status as a regional economic powerhouse.Today’s rise in the AED-PKR exchange rate further shapes the economic dynamics between the UAE and Pakistan. For the millions of Pakistani expatriates working in the UAE, the stronger Dirham enhances the value of remittances, which reached $754.2 million in May 2025, making the UAE the second-largest source of remittances for Pakistan after Saudi Arabia. These funds provide critical support to families and stimulate local economies across Pakistan.However, the higher exchange rate increases the cost of importing goods and services from the UAE, posing challenges for Pakistani businesses and consumers reliant on Emirati products, from luxury goods to essential commodities. As the AED is pegged to the US Dollar at a fixed rate, this upward movement may further strain Pakistan’s trade balance and elevate the cost of servicing debts denominated in USD or AED. Pakistani policymakers may need to focus on strategies, such as boosting export competitiveness and stabilizing the PKR, to address these economic pressures.The UAE Dirham (AED), adopted as the official currency of the United Arab Emirates in 1973, is pegged to the US Dollar at a fixed rate of 3.6725 AED to 1 USD, ensuring its stability and reliability in global markets. The Pakistani Rupee (PKR), Pakistan’s official currency since 1948, operates as a floating currency, subject to fluctuations driven by domestic economic conditions, global market trends, and geopolitical developments.

ISLAMABAD: Pakistan People’s Party (PPP) spokesman Nadeem Afzal Chand said that President Asif Ali Zardari’s position is secure and that the country’s political system cannot function without their party.“There is no threat to Asif Ali Zardari’s presidency as the system cannot operate without the PPP. How can they throw us out?,” Nadeem Afzal Chand said during an exclusive interview with ARY News.Replying to a question about Prime Minister Shehbaz Sharif, the PPP spokesman remarked, “He [Shehbaz Sharif] was Chief Minister, now he is Prime Minister—what more will he become?”Disqualification references against PTI-backed lawmakersAnswering a query on the references filed against Pakistan Tehreek-e-Insaf-backed MPAs in Punjab, Nadeem Afzal Chand criticised the decision and said that disqualifying members is an undemocratic move.“The Speaker should withdraw the references; this is an insult to the public’s mandate,” he said, adding that it is possible the speaker only posed for a photo with the references rather than actually filing them.https://www.youtube.com/watch?v=HvxI1bPYjUo&t=333s“Fights happen [in assemblies], but democratic traditions do npt go this far,” Nadeem Afzal Chand added.“Speaker Malik Muhammad Ahmad, may have taken this step due to a weakened position within his party or strained relations with the Chief Minister and his team. The Pakistan Muslim League-Nawaz (PML-N) has been involved in more severe incidents of violence in the past but faced no disqualifications,.”Read More: Naqvi debunks ‘rumours’ of president change, new constitutional amendmentWhen asked about Punjab Chief Minister Maryam Nawaz’s performance, the PPP spokesman expressed mixed views.“I am satisfied with the Chief Minister’s performance in several areas, but also have reservations about some aspects,” he said, urging the Punjab government to prioritise funding for Rescue 1122 over publicity campaigns.Nadeem Afzal Chand also advised PML-N President Nawaz Sharif to focus on reconciliation and end political conflicts.“History will not forgive if these conflicts are not ended”

Karachi/Kuwait City, July 8, 2025 – The Kuwaiti Dinar (KWD) has slightly increased to 930.81 Pakistani Rupee (PKR) as of 5:49 PM PST today, up from 930.68 PKR on July 7 and last week's closing rate.This modest rise follows a month of steady gains in June, with the Kuwaiti Dinar climbing from 928.56 PKR on June 27, 928.32 PKR on June 26, 928.22 PKR on June 25, 926.79 PKR on June 24, 925.45 PKR on June 18, 922.06 PKR on June 13, and 919.67 PKR on June 10.Over the past 28 days, the KWD has appreciated by approximately 11.14 PKR (1.21%), reflecting a continued, albeit slowed, upward trend. About KWD and PKR The Kuwaiti Dinar (KWD), Kuwait’s official currency, is one of the world’s strongest, driven by the nation’s oil-rich economy and robust financial reserves. The Pakistani Rupee (PKR), Pakistan’s currency, is managed by the State Bank of Pakistan and often faces volatility due to inflation and trade imbalances, impacting its value against currencies like the KWD. 1 Kuwaiti Dinar= 930.68 Pakistani Rupee Valuation Dynamics The Kuwaiti Dinar’s incremental rise is supported by Kuwait’s stable oil exports and strong fiscal policies, which maintain confidence in the dinar. Stable global oil prices further reinforce its value. Meanwhile, the PKR continues to grapple with domestic economic pressures, including high inflation and external debt, which weaken its position relative to the KWD. Today’s slight uptick suggests sustained, though cautious, market demand for the dinar. Impact This modest appreciation enhances the value of remittances sent by Pakistani workers in Kuwait, boosting household incomes in Pakistan. However, Pakistani businesses importing from Kuwait may face marginally higher costs, potentially affecting trade dynamics. For Kuwaiti investors, the stronger dinar offers increased purchasing power in Pakistan, which could encourage investment. While the daily increase is small, the KWD’s consistent strength may shape future economic ties between the two countries. Currency Rates in Pakistan Today

KARACHI, July 8, 2025 – The Saudi Riyal (SAR) strengthened against the Pakistani Rupee (PKR) today, reaching a buying rate of Rs75.79 in the open market, up from yesterday’s rate of Rs75.71 and last week’s closing rate of Rs75.69, according to currency dealers. The selling rate also increased slightly to Rs76.36. This gradual rise, driven by consistent remittance inflows and seasonal market demand, underscores the Riyal’s vital role in Pakistan’s economy. Why the Saudi Riyal Matters to Pakistan The Saudi Riyal is a linchpin for Pakistan due to the deep economic ties between the two nations. Saudi Arabia hosts millions of Pakistani workers in sectors like construction, healthcare, and services, whose remittances are a lifeline for Pakistan’s economy. In May 2025, Saudi Arabia contributed $913.3 million to Pakistan’s remittance inflows, the highest among all countries, as per the State Bank of Pakistan. From July 2024 to May 2025, total remittances surged to $34.9 billion, a 28.8% increase from the previous fiscal year. Today’s exchange rate of Rs75.79 means 1,000 Saudi Riyals now converts to Rs75,790, up from Rs75,710 yesterday, directly boosting household incomes for families reliant on these funds for education, healthcare, and daily expenses. 1 Saudi Riyal = 75.71 Pakistani Rupee Economic Impact of the Rate Increase The rise of the Saudi Riyal to Rs75.79 has significant implications. For Pakistani families, the stronger Riyal increases the value of remittances, enhancing purchasing power amid rising living costs. Businesses importing goods like oil from Saudi Arabia benefit from the Riyal’s stability, which ensures predictable costs, though a stronger Riyal may slightly elevate import expenses, impacting Pakistan’s trade deficit. On a broader scale, the stable Riyal supports Pakistan’s foreign exchange reserves, which surpassed $11 billion in October 2024, helping curb inflation and manage external debt. A weaker Rupee, as seen earlier in June, can boost export competitiveness, but the current trend strengthens the Rupee’s value, aiding economic stability. Understanding the Saudi Riyal and Pakistani Rupee The Saudi Riyal (SAR), subdivided into 100 halala, is Saudi Arabia’s official currency, managed by the Saudi Central Bank and pegged to the US dollar for stability. This makes it a trusted currency for global trade and remittances, particularly for the Pakistani diaspora in Saudi Arabia. The Pakistani Rupee (PKR), symbolized by ₨, has been Pakistan’s currency since 1948, regulated by the State Bank of Pakistan under a managed floating exchange rate. Its value is shaped by inflation, trade balances, and remittance inflows, with the Riyal-PKR rate reflecting market supply and demand dynamics. Future Outlook The Saudi Riyal’s climb to Rs75.79 signals ongoing market strength, fueled by remittances and trade. Currency traders and policymakers should remain vigilant, as even small shifts in the exchange rate can influence remittances, import costs, and economic planning. For millions of Pakistanis, both at home and abroad, the Riyal’s steady value remains a critical driver of financial security and economic resilience. 

Karachi- July 8, 2025: The Pakistani Rupee (PKR) weakened slightly against the US Dollar (USD) in the interbank market, declining by 14 paisa or 0.05% to close at PKR 284.36 per USD, compared to the previous close of PKR 284.22. During the trading session, the currency saw fluctuations, reaching an intraday high (bid) of 284.8 and a low (ask) of 286.9.In the open market, exchange companies quoted the US Dollar at PKR 284.60 for buying and PKR 286.80 for selling. Performance Against Other Major Currencies Euro (EUR): The PKR depreciated by 71.50 paisa or 0.21%, closing at 336.57, compared to 335.86. British Pound (GBP): The PKR strengthened by 95 paisa or 0.25%, ending at 386.15, compared to 387.10. Swiss Franc (CHF): The PKR weakened by 33.10 paisa or 0.09%, settling at 359.44. Japanese Yen (JPY): The PKR gained 0.04 paisa or 0.02%, closing at 1.9724, compared to 1.9728. Chinese Yuan (CNY): The PKR fell by 2.20 paisa or 0.06%, closing at 39.68, compared to 39.66. Saudi Riyal (SAR): The PKR gained 2.65 paisa or 0.04%, ending at 75.75. UAE Dirham (AED): The PKR appreciated by 2.45 paisa or 0.03%, closing at 77.34. Yearly Performance For the current fiscal year, the PKR has depreciated by 10.27 paisa or 0.04% against the US Dollar. Since the beginning of the calendar year, it has fallen by 5.70 rupees or 2.00%. Money Market Update The benchmark 6-month Karachi Interbank Bid and Offer rates saw a minor decrease of 2 basis points, settling at 10.78% and 11.03%. About the US Dollar and Pakistani Rupee The US Dollar (USD) is the official currency of the United States and serves as the world's primary reserve currency, widely used in global trade and finance. The Pakistani Rupee (PKR) is the official currency to the US Dollar and is managed by the State Bank of Pakistan. It is primarily used in domestic transactions and is not commonly used internationally. Currency Rates in Pakistan Today

MUZAFFARABAD: A school van plunged into a ravine, leaving 30 people, including schoolchildren, injured near Chakhar in the Jhelum Valley, ARY News reported quoting police.According to police spokesperson, the injured were shifted to the District Headquarters Hospital in Hattian Bala for treatment.The police officials stated, the condition of the van driver and two children remains critical, raising concerns about their recovery.Earlier, at least six people dead, including five women, after a tourist vehicle plunged into the Neelum River.According to Deputy Commissioner Neelum, Nadeem Janjua, the incident occurred in Neelum Valley’s Chilhana area where the vehicle fell into the river, resulting in the tragic loss of lives.Also read: Three dead as jeep plunges into ravine in Neelum valleyThe DC stated that a child remains missing following the incident, and authorities had launched a search operation to locate the missing individual.The operation was hampered by the challenging terrain and the depth of the ravine where the vehicle landed.Deputy Commissioner Janjua noted that the difficult access to the site posed obstacles in recovering the bodies and assisting with the ongoing search for the missing child.In a separate incident, at least three people dead, fours others sustained injuries as a jeep plunged into ravine in AJK’s Neelum valley.As per details, the unfortunate incident occurred on Neelum valley-Babon road, whereas the injured and dead bodies were shifted to the nearby hospital.

ISLAMABAD: President Asif Ali Zardari on Tuesday administered oath of the office of Chief Justice Islamabad High Court to Justice Sardar Muhammad Sarfraz Dogar, in an oath-taking ceremony, held at Aiwan e Sadr.The ceremony was attended by judges of the high court, Chairman Senate Syed Yousuf Raza Gilani, Chief Minister Punjab Maryam Nawaz, ministers, parliamentarians, representatives and members of lawyers’ bodies and legal fraternity, law officers, lawyers and mediapersons.Earlier, Justice Dogar has been performing as Acting CJ of IHC. President Asif Ali Zardari officially designated Justice Sarfraz Dogar as the senior-most judge of the Islamabad High Court, following a review of the seniority of the court’s judges, as per a notification issued in light of a Supreme Court decision.According to the notification, President Zardari finalized the seniority list of Islamabad High Court judges, placing Justice Sarfraz Dogar at the top. Justice Mohsin Akhtar Kayani was ranked second, while Justice Mian Gul Hassan Aurangzeb holds the third position in the seniority hierarchy.In addition, the president approved the permanent transfer of three judges—Justice Sarfraz Dogar, Justice Khadim Hussain Soomro, and Justice Mohammad Asif—to the Islamabad High Court.Read more: President approves transfer of three judges to IHCThe development came after the Supreme Court announced its verdict in the IHC judges’ transfer case, declaring that the transfer of judges is not unconstitutional.The five member Constitutional Bench of the Supreme Court of Pakistan, headed by Justice Muhammad Ali Mazhar, announced the judgment in a 3-2 majority ruling.The court remanded the issue of judges’ seniority back to the President of Pakistan Asif Ali Zardari for further consideration.The majority opinion was supported by Justices Muhammad Ali Mazhar, Shahid Bilal, and Salahuddin Panhwar. However, Justices Naeem Afghan and Shakeel Ahmad dissented from the majority decision.It’s worth mentioning here that the Ministry of Law had issued a notification in February confirming the transfer of three judges to the Islamabad High Court (IHC), following the approval of President Asif Ali Zardari.According to reports, President Asif Ali Zardari approved these transfers under Article 200 of the Constitution, assigning the judges to the Islamabad High Court.Justice Sarfraz Dogar, previously of the Lahore High Court, Justice Khadim Hussain Soomro from the Sindh High Court, and Justice Muhammad Asif from the Baluchistan High Court were transferred to the Islamabad High Court.

Karachi, July 8, 2025 – Pakistan’s major cities are experiencing varied weather patterns today as the monsoon season progresses. From light rain to intense heat and humidity, residents are navigating diverse conditions across the country. Current Weather Conditions: Tuesday, July 8, 2025 Karachi Weather Today Karachi is witnessing light showers in isolated areas with cloudy skies. The current temperature is 32°C, feeling like 39°C due to high humidity. The forecast high is 33°C, and the low is 29°C. Winds are from the southwest at 17 km/h, with a low UV index of 2. Lahore Weather Today Lahore is experiencing mostly sunny conditions. The temperature is 35°C, with a “feels like” temperature of 45°C due to humidity. Today’s forecast includes a high of 35°C and a low of 27°C. Easterly winds are blowing at 12 km/h, and the UV index is moderate at 5. Multan Weather Today Multan is under partly cloudy skies with a temperature of 38°C, feeling like 52°C due to extreme humidity. The forecast high is 39°C, and the low is 30°C, with a chance of scattered thunderstorms. Southerly winds are at 14 km/h, and the UV index is moderate at 4. Faisalabad Weather Today Faisalabad is sunny with a current temperature of 36°C, feeling like 46°C due to humidity. The forecast high is 36°C, and the low is 28°C. Easterly winds are at 10 km/h, with a moderate UV index of 5. Peshawar Weather Today Peshawar is partly cloudy with a temperature of 33°C, feeling like 40°C due to humidity. The forecast high is 33°C, and the low is 28°C, with possible thunderstorms. Northeasterly winds are at 9 km/h, and the UV index is moderate at 4. Islamabad Weather Today Islamabad is mostly sunny with a temperature of 32°C, feeling like 37°C due to humidity. The forecast high is 32°C, and the low is 26°C, with a chance of scattered thunderstorms. Easterly winds are at 12 km/h, and the UV index is moderate at 5. Brief Weather Forecast: Wednesday, July 9, 2025 Karachi Forecast Karachi is expected to remain cloudy with a high of 32°C and a low of 28°C, feeling like 38°C due to humidity. Southwest winds at 15 km/h and a high UV index of 7 are anticipated. Lahore Forecast Lahore will likely see thunderstorms with a high of 34°C and a low of 27°C, feeling like 44°C. Easterly winds at 11 km/h and a very high UV index of 9 are expected. Multan Forecast Multan is forecast to be mostly sunny with a high of 38°C and a low of 30°C, feeling like 50°C. Southerly winds at 12 km/h and an extreme UV index of 10 are predicted. Faisalabad Forecast Faisalabad will be partly cloudy with a high of 35°C and a low of 28°C, feeling like 46°C. Easterly winds at 11 km/h and a very high UV index of 8 are expected. Peshawar Forecast Peshawar is expected to have sunny skies with a high of 34°C and a low of 28°C, feeling like 45°C. Northeasterly winds at 10 km/h and a very high UV index of 9 are forecast. Islamabad Forecast Islamabad will likely be sunny with a high of 33°C and a low of 26°C, feeling like 39°C. Southeasterly winds at 11 km/h and a very high UV index of 9 are anticipated.

KARACHI: Sindh's Information Minister Sharjeel Memon has said that 11 dangerous buildings have been vacated after building collapse in Lyari.Talking in ARY News talk show 'Bakhabr Sawera' Sindh's minister said that the government mulling over providing temporary shelter to those found to be in dire need."No proposal has been under consideration to offer compensation to owners of the dangerous buildings vacated by the government," the minister clarified."These are private buildings and will be reconstructed by the private developers," Sharjeel Memon said. "Government could not pay for the private land", he said."We will take the Association of Builders and Developers (ABAD) and other stakeholders onboard over the matter," Sindh minister added.'No law in Sindh to demolish dangerous buildings' Meanwhile, Abad chairman Muhammad Hassan Bakhshi has said that there is no law in Sindh to demolish dangerous buildings. "The government should first legislate for demolition of dilapidated buildings," he said in a statement.He said the reconstruction should be initiated in collaboration with the government, builders, landowners, ABAD and flat owners. "Everyone should play role in the rebuilding."In last five years over one lac buildings have been constructed in Karachi, while only 15,000 of these buildings have been approved from authorities," Abad chairman said. "85,000 of them have been unauthorized".

ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar on Tuesday chaired a committee meeting to assess the sugar situation in the country and evaluate import requirements, ARY News reported.The committee approved the import of up to 500,000 metric tons of sugar to ensure a stable supply and maintain affordable prices nationwide.The deputy PM underscored the government’s commitment to price stability and safeguarding consumer interests.The meeting was attended by the Minister for Food, SAPM Tariq Bajwa, the Secretary Ministry of Food, senior officials from the Ministry of Industries and Production, and industry representatives.The development came after the government ‘decided’ to take strict action against sugar hoarders and speculators.As per details, Prime Minister Shehbaz Sharif approved a comprehensive crackdown to curb the artificial hike in sugar prices.Key institutions including the FIA, Intelligence Bureau (IB), Federal Board of Revenue (FBR), State Bank of Pakistan, and others have been granted full authority to act.Read more: Sugar price surges Rs 190 per kg in KarachiSources further revealed that agencies have been directed to initiate indiscriminate action against those involved in hoarding, artificial price manipulation, and cartelization. The measures will include raids, arrests, and other stern actions.Authorities have already ramped up operations, and large-scale enforcement actions are expected in the coming days.Earlier, it is to be noted that Pakistan government allowed sugar millers to export sugar on the assurance of stability of the rate.Sources said on March 14 that Prime Minister (PM) Shehbaz Sharif took notice of inflating prices and ordered a crackdown on sugar hoarding.The direction came during a high-level meeting chaired by PM Shehbaz to review sugar prices and the commodity’s supply across Pakistan.