FAISALABAD: The presence of highly flammable material was found in a Malikpur factory where a fire killed as many as 20 people, ARY News reported.As per the initial report of the Inquiry Committee established by the DG Industry, flammable material was stored in the factory.Furthermore, the factory had not obtained a No Objection Certificate (NOC) from the government and was operating illegally.The negligence, and untrained staff were behind the cause of the tragedy.The chemical caught fire due to gas leakage and a short circuit. There was no boiler in the factory.Different types of chemical were used in the factory. The factory primarily manufactured glue, which is made from flammable material.https://youtu.be/e5mwHvjFi6U?si=ixBZ-IkyPSRrmG29No suitable arrangements were made for storing the flammable material, and the staff was also completely untrained for handling such hazardous material.The Civil Defence and Labour departments were responsible for reviewing the matters of factories across the industrial city.However, it is reported that no Standard Operating Procedures (SOPs) were implemented due to the collusion of the government departments and the factory owners.Following the tragedy, the DG Labour department only suspended an inspector of the factory area, Shahzad Asghar.The factory was also registered under the Shops and Establishments Ordinance instead of the Factories Act, 1934.The factory owner, Qaiser, who was initially absconding, handed himself over to the police yesterday. The manager and two workers of the factory have also been taken into custody.Additionally, 10 people sustained injuries in the deadly fire; three are in serious condition and hospitalized in the burns unit of the Allied Hospital Faisalabad.Moreover, after the fire killed 20 people, all the factories in the area have been shut down or closed.

LAHORE: An Anti-Terrorism Court (ATC) approved the bail of Pakistan Tehreek-e-Insaf (PTI) leader and former provincial minister Dr. Yasmin Rashid in one of the May 9 incident cases, ARY News reported.The ATC Judge Manzar Ali Gull pronounced the verdict on her bail petition, approving her bail in the case of setting police vehicles ablaze in Mughalpura.The court also ordered the PTI leader to deposit a surety bond of Rs 100,000. The Judge stated that he approved the bail on the basis of a Lahore High Court (LHC) verdict.Judge Manzar Ali Gull noted that the higher court had approved the bail of Ejaz Chaudhry and that Umar Sarfaraz Cheema's bail was also approved in the same case on the same basis.On the other hand, the hearing on Dr. Yasmin Rashid's bail petitions in the other cases was adjourned until November 25.It is pertinent to mention here that the bail petitions have been filed in cases related to torching police vehicles near Askari Towers and Jinnah House.Last September, the ATC had awarded 10 years imprisonment each to Dr. Yasmin Rashid, Ejaz Chaudhry, Mian Mehmood Ur Rasheed, and Omar Sarfaraz Cheema in a separate May 9 case.The court had pronounced the verdict in the case of setting ablaze the vehicle of the Supreme Court Judge's squad while the court had released the former foreign minister Shah Mahmood Qureshi.

KARACHI: Karachi traffic police have seemingly failed to prevent tragic fatalities caused by heavy traffic, as another person lost his life after a dumper ran over him on the Super Highway. One person was also wounded, ARY News reported.According to the Malir Police spokesman, the accident occurred within the limits of Malir Cantt Police Station near Zikriya Goth on the Super Highway when the dumper ran over a motorcycle.Forty-five-year-old Shahid died on the spot, while 70-year-old Ghulam Nabi sustained injuries and was shifted to Abbasi Shaheed Hospital via ambulance, the police said.Police took action and arrested the dumper driver and impounded the dumper.Karachi’s roads remain hazardous as heavy vehicles claim hundreds of lives each year, underscoring its worsening traffic congestion and lack of safety measures.Within one year, hundreds of lives, including women and children, have been lost due to fatal trailer, dumper and bus accidents in Pakistan’s largest city, raising grave concerns regarding enforcement and road safety enforcement in Karachi.Rescue officials recently issued alarming figures showing that heavy vehicles have claimed 219 lives across Karachi during the past 308 days alone, underscoring their grave danger on city’s roads.Based on data released this year, 733 people have died in road accidents this year; 569 men, 72 women, 70 children and 22 girls.Officials reported that 10,651 individuals were injured in various accidents, with 505 boys and 154 girls being affected.Rescue data indicates that among the 219 deaths caused by heavy vehicles in 2025 alone, 40 were crushed by dumpers; 82 by trailers; 49 by water tankers; 19 by Mazda trucks and 29 by buses.Due to an increase in heavy vehicle usage in residential and commercial areas during peak hours, accidents involving large trucks are becoming increasingly frequent.The rising death toll has again raised serious concerns about poor traffic management in the city and an absence of safety measures designed to safeguard pedestrians and commuters. 

KARACHI: Deputy Mayor Karachi Salman Murad on Saturday urged citizens to inform the city administration regarding the illegal collection of parking fees in Karachi, ARY News reported.The Deputy Mayor said that the city administration has not authorized any parking fees anywhere in the city.Elaborating further, Salman Murad stated that the Karachi Metropolitan Corporation (KMC) does not collect any parking fees from the roads and the markets across the city.He explained that parking is free in areas under the domain of the KMC, and he said that he takes action whenever he receives any complaints regarding illegal parking charges.He said that Sindh Chief Minister has directed to end illegal parking across the province.Actions have been taken against the parking mafia by the KMC, Salman Murad said.The Deputy Mayor said that the KMC has 106 roads in its domain where actions have been taken against the parking mafia.He said that cases were also lodged against the agents of the parking mafia after arresting them.https://youtu.be/M0uOrP7xuo8?si=X4xS3LYQ60G7SelrYesterday, Senior Sindh Minister Sharjeel Memon briefed Asian Development Bank (ADB) delegation regarding the progress on the under developing BRT Red Line project.ADB delegation called on Sharjeel Memon at his office. The minister formally welcomed the distinguished guests.Briefing the visiting delegation, Sharjeel Memon said the Sindh government is making every possible effort to turn the BRT Red Line into a model public-sector project. The ADB delegation was briefed on the current phases of the project, construction progress, and technical aspects.Sharjeel Memon added that the Sindh government is working day and night to ensure the project is completed swiftly.The minister highlighted that the project offices remain open 24 hours a day to ensure round-the-clock monitoring. Practical decisions have been taken to resolve the issues faced by the mega project and construction activities are now moving forward.Calling Karachi a large and complex metropolitan city, he noted that relocating utilities for the BRT Red Line was a major challenge.Most technical issues have now been resolved, while the remaining matters are being addressed through a coordinated strategy, Memon told ADB delegation.The ADB delegation expressed satisfaction over the pace of the project and the administrative efforts being made.  

BANNU: Police in Bannu conducted a swift action on Saturday, foiling a terrorist plot to destroy a bridge in the outskirts of Basia Khel, ARY News reported.The police Bomb Disposal Squad (BDS) defused an Improvised Explosive Device (IED) made from eight to 10 kg of explosive material.Area residents have expressed gratitude to the Bannu police for the timely action.They said that miscreants who ruin infrastructure and cause suffering to people deserve no mercy at all.As per the police, the miscreants had linked a locally-made IED to the central pillar of the bridge.Regional Police Officer (RPO) Bannu, Sajjad Khan, informed that the public infrastructure remained safe from destruction with the timely action.The RPO said that the elimination of elements who wanted to harm the public is a necessity.Yesterday, at least seven people were dead as a group of terrorists attacked the office of Howaid Peace Committee in Bannu, Khyber Pakhunkhwa (KP), ARY News reported on Friday.The terrorists targeted the Peace Committee Office in Howaid, Bannu, resulting in the deaths of seven individuals and leaving one person injured.Following the incident, the situation remains tense, with a heavy police presence deployed in the area.The deceased and injured have been transferred to the District Headquarters Hospital for medical attention. Police have launched investigations at the site of the attack. 

London/Islamabad – November 22, 2025: The UK Pound weakened further today, trading at 367.78 Pakistani Rupees (PKR), marking the lowest level in recent weeks and capping a turbulent seven days for sterling against the resilient Pakistani currency.The UK Pound opened the week at 369.50 PKR on November 16, briefly climbing to 370.01 PKR on November 17 before succumbing to sustained selling pressure. By November 19, the rate had fallen to 366.20 PKR, recovering slightly to 368.45 PKR on November 20 and 367.59 PKR on November 21. Today’s close at 367.78 PKR reflects a weekly decline of around 1.7 PKR – a significant move for UK-Pakistan currency traders and the British diaspora. Why the UK Pound is Losing Ground Several factors continue to pressure the UK Pound:- The Bank of England’s 5% interest rate remains far below Pakistan’s 20% policy rate, encouraging investors to hold PKR for higher yields.- UK economic growth forecasts for 2025 have been trimmed to just 1.1%, while unemployment creeps higher.- Pakistan’s foreign reserves have stabilised above $10.5 billion, lending support to the rupee despite domestic challenges.- Rising global oil prices near $85 per barrel indirectly benefit the import-heavy PKR in carry-trade calculations. Real-World Impact of a Weaker UK Pound For the 1.5 million British Pakistanis sending money home, today’s UK Pound rate means £1,000 now converts to roughly 1,700 fewer rupees than a week ago – a direct hit to family budgets, school fees, and medical expenses in Pakistan.Pakistani exporters of textiles, rice, and leather goods gain a competitive edge in the UK market, with analysts estimating a potential 3-4% rise in shipment volumes in coming months. Conversely, Pakistani businesses importing British machinery, pharmaceuticals, and chemicals face higher costs.UK travellers planning winter trips to Lahore, Karachi, or the northern areas will find their UK Pound buys slightly less on the ground, though Pakistan remains excellent value compared with many regional destinations.Currency strategists see the UK Pound trading in a 365–372 Pakistani Rupee range in the near term, with downside risks if upcoming UK labour-market data disappoints. A rebound could materialise if the Bank of England pushes back against aggressive rate-cut expectations.

Islamabad/Sydney- November 22, 2025 – The Australian Dollar (AUD) has weakened further against the Pakistani Rupee (PKR), dropping to 181.18 PKR as of 6:15 PM PKT today, according to the latest interbank and open-market forex updates. This marks the lowest level since early June and continues a steady decline from the year’s peak of 188.25 PKR recorded on July 26, 2025. Rate History (2025) June 1: 180.00 PKR – Strong opening, backed by high commodity prices June 18: 183.36 PKR June 21: 183.67 PKR June 24: 83.00 PKR – Widely regarded as a flash-crash/market-anomaly July 1: 186.71 PKR – Sharp recovery begins July 3: 187.00 PKR July 26: 188.25 PKR – 2025 peak August 2: 182.91 PKR August 30: 184.41 PKR September 27: 184.31 PKR October 11: 182.42 PKR November 22: 181.18 PKR – Today’s rate, down nearly 7 PKR from July high Valuation Criteria The recent slide in the AUD reflects softening global commodity prices (iron ore down ≈12% from July highs, coal and LNG also under pressure) combined with the Reserve Bank of Australia’s decision to hold interest rates steady at 4.35% while several regional central banks signal further easing. Meanwhile, the Pakistani Rupee has gained marginal ground due to tighter monetary policy (SBP policy rate still at 17.5%), improved remittance inflows ahead of Eid Milad-un-Nabi, and slightly better-than-expected current account data for October 2025. The June 24 flash drop to 83.00 PKR remains an outlier, most likely caused by a large erroneous trade or algorithmic glitch, and is excluded from fundamental analysis. Impact The fall to 181.18 PKR brings relief to Pakistani importers and consumers: Australian wheat, dairy, and machinery now cost noticeably less in PKR terms Students planning to study in Australia will pay roughly 7,000 fewer rupees per AUD 1,000 compared to July Airfares and tourism packages to Australia become more affordable Pakistani exporters to Australia (mainly textiles and rice) will receive fewer rupees per dollar earned, but the impact remains limited as Australia accounts for less than 2% of Pakistan’s total exports. Remittances from the roughly 100,000-strong Pakistani community in Australia continue to deliver solid PKR value, supporting household budgets during the high-inflation winter season. About AUD and PKR The Australian Dollar (AUD), nicknamed the “Aussie”, is the official currency of Australia and several Pacific island nations. Issued by the Reserve Bank of Australia, it is one of the most commodity-sensitive major currencies. The Pakistani Rupee (PKR) is the official currency of Pakistan, managed by the State Bank of Pakistan. Historically volatile, the PKR remains heavily influenced by inflation, external debt servicing, and remittance/remittance inflows.

Karachi/Manama, November 22, 2025: The Bahraini Dinar (BHD) is trading at 745.05 Pakistani Rupee (PKR) today, marking a slight rebound from 744.47 PKR on November 15, according to leading currency exchanges.This follows a volatile trend from 744.94 PKR on November 08, 745.45 PKR on October 25, 745.62 PKR on October 18, 745.53 PKR on October 11, 746.17 PKR on October 04, 746.34 PKR on September 27, 746.48 PKR on September 20, 752.59 PKR on September 05, 747.49 PKR on August 30, 747.83 PKR on August 23, 748.07 PKR on August 16, 749.42 PKR on August 06, 751.33 PKR on August 04, 751.43 PKR on July 31, 756.67 PKR on July 28, 759.88 PKR on July 22, 755.64 PKR on July 19, and 754.38 PKR on July 14, with earlier rates of 753.22 PKR last week, 751.86 PKR on June 30, 751.94 PKR on June 26, and 751.23 PKR on June 23, reflecting a 0.88% rise from 744.79 PKR on June 8. Intermediate values of 748.55 PKR on June 11 and 749.72 PKR on June 13 highlight the dinar’s recent stabilization, influenced by Bahrain’s economic conditions and Pakistan’s currency dynamics. Valuation Criteria The BHD-PKR exchange rate is shaped by contrasting monetary policies. The BHD, pegged at 1 USD = 0.376 BHD since 2001 by the Central Bank of Bahrain, remains stable, tied to global USD movements and Bahrain’s oil-based economy. Fluctuations in oil prices and fiscal policies affect its value. Meanwhile, the PKR, managed under a controlled float by the State Bank of Pakistan, varies due to inflation, trade deficits, and reserve levels, contributing to its volatility. Economic Impact The BHD’s rise to 745.05 PKR carries subtle economic implications. For Bahrain, a slightly stronger dinar may improve the affordability of Pakistani imports like textiles, though it could mildly challenge export competitiveness. For Pakistan, the marginally higher cost of Bahraini imports, particularly petroleum, might exert slight pressure on inflation. However, remittances from Pakistani expatriates in Bahrain gain a small boost in value, supporting local incomes, while exporters might face mild competition in Bahrain’s market. Currency Overview The Bahraini Dinar (BHD), introduced in 1965, is Bahrain’s official currency, divided into 1,000 fils and managed by the Central Bank of Bahrain. Pegged to the U.S. Dollar, it ranks among the world’s most valuable currencies, symbolized by “BD” or “ب.د”.The Pakistani Rupee (PKR), launched in 1948, is Pakistan’s official currency, overseen by the State Bank of Pakistan and split into 100 paisa (now obsolete). Denoted by “₨” or “Rs,” the PKR is widely used but prone to economic fluctuations.

As of today, November 22, 2025, one Omani Riyal (OMR) is trading at 730.54 Pakistani Rupees (PKR), a modest bounce back from last week's low of 730.03 PKR.If you're eyeing the OMR to PKR exchange rate, this week hinted at a bit of stabilization after the recent slide, with the pair nudging up amid steady economic signals from Oman and Pakistan. Let's chat about what's shaping this rate, a nod to the currencies, and the ways it touches real lives.The Omani Riyal (﷼) is that dependable Gulf stalwart, locked to the US Dollar at 2.6008 since 1986 and riding high on Oman's oil backbone. It's all about that quiet strength. The **Pakistani Rupee** (₨), under the State Bank of Pakistan's watch, dances to a different tune as a floating currency—buffeted by inflation, remittance waves, and global headlines that keep things lively.This week, the OMR/PKR stayed in a cozy range, climbing from 730.03 PKR last Saturday to today's 730.54—a gentle lift of about 0.07%. The Riyal's got its roots in Oman's oil flows, even as crude dips to around $58 per barrel for WTI, testing that stability a touch. Over on the PKR front, October's $3.4 billion in remittances (up from September's $3.2 billion) give it a solid shove, especially with many coming from Omani gigs, while a 20% policy rate wrestles down inflation that's eased to 6.2% in October (from Oman's cooler 2%). With the OMR hitched to the dollar, US vibes keep it even. The rate's snug near its 50-day average of ~732 PKR, no fireworks in sight just yet.It's the kind of shift that sneaks into daily routines. Take a Pakistani expat in Muscat banking 500 OMR—that's now roughly 365,270 Pakistani Rupee wired home, a small win against climbing prices like rice, still up 15% yearly. This week's uptick pads remittance pots a hair, easing family squeezes. Trade between the two? Their $1.2 billion annual dance—Pakistan's textiles to Oman, oil the other way—feels it too. A firmer OMR might ease import strains for Pakistanis, while exporters could hold steady. Hoping for a Muscat jaunt? 1,000 PKR fetches about 1.37 OMR, same as last week, no sweat.

Karachi/Doha, November 22, 2025 — The Qatari Riyal (QAR) is trading at 77.10 Pakistani Rupee (PKR), down from 77.15 PKR on November 8 and 77.17 PKR on October 25. This slight decline extends the QAR's softening trend since mid-July, with Qatar’s energy-driven economy providing resilience amid stable market conditions. The ongoing fluctuations highlight the interconnected economic dynamics between Qatar and Pakistan, particularly influencing remittance-dependent households.Recent Exchange Rate Trends The QAR has shown volatility over recent months, trending downward from its July peak. It traded at 77.20 PKR on October 11, 77.26 PKR on October 4, 77.29 PKR on September 27, 77.16 PKR on September 20, and 77.93 PKR on September 5. Earlier rates included 77.39 PKR on August 30, 77.44 PKR on August 23, 77.47 PKR on August 16, 77.88 PKR on August 12, 77.42 PKR on August 9, 77.80 PKR on August 4, and 77.72 PKR on August 1. In July, rates were 77.74 PKR on July 29, 78.01 PKR on July 26, a high of 78.26 PKR on July 19, 78.16 PKR on July 23, 78.03 PKR on July 16, 78.02 PKR on July 9, 77.94 PKR on July 2, and a June 2025 close at 77.86 PKR. June rates included 77.90 PKR on July 7 and July 4, 77.70 PKR on June 27, 77.87 PKR on June 25, 77.82 PKR on June 23, 77.72 PKR on June 14, and 77.39 PKR at the month’s start. Today's rate of 77.10 PKR matches the October 18 low, underscoring the PKR's recent relative strength.How Currency Valuation Operates The QAR-PKR exchange rate is determined by supply and demand in the foreign exchange market, influenced by trade balances, remittance flows, and monetary policies. The Qatari Riyal, pegged to the US dollar at 3.64 QAR per USD, draws stability from Qatar’s leading role in liquefied natural gas (LNG) exports, buffering it against some volatility. Conversely, the Pakistani Rupee, a free-floating currency, is more exposed to domestic factors like inflation, political events, and foreign reserve fluctuations. Market analysts attribute the PKR's gains to Pakistan’s recent economic stabilization efforts, including fiscal reforms and external support, which have bolstered its value against the QAR.Impact on Pakistani Expatriates With over 125,000 Pakistani expatriates in Qatar—spanning construction, hospitality, and professional roles—the QAR’s decline directly affects remittance values. A 1,000 QAR transfer, worth 77,150 PKR on November 8, now yields 77,100 PKR—a drop of 50 PKR and 290 PKR below June’s starting rate of 77,390 PKR. This erosion could pressure family finances in Pakistan, complicating payments for education, healthcare, or daily needs; for instance, a modest remittance might no longer fully cover rising school fees amid local inflation. On a positive note, PKR earners in Qatar may benefit from marginally cheaper imports, like groceries or gadgets, easing some living costs.Broader Economic Context Qatar’s Gulf powerhouse status, anchored by natural gas and diversification initiatives, supports the QAR’s pegged stability, but its performance against the PKR hinges on Pakistan’s economic trajectory and USD movements. Pakistan grapples with inflation and reserve challenges, yet policy advancements have aided PKR recovery, driving the pair’s volatility. This exchange rate interplay amplifies bilateral ties through remittances—vital for Pakistan’s economy—and trade opportunities.Currency Snapshot The Qatari Riyal (QAR), introduced in 1966, is Qatar’s official currency, denoted by QR or ر.ق. Pegged to the US dollar and managed by the Qatar Central Bank, it underpins the Gulf’s dynamic economy in trade and investment. The Pakistani Rupee (PKR), symbolized by ₨ since 1948, is overseen by the State Bank of Pakistan, with its value swaying to economic and geopolitical winds.

Kuwait City/Karachi, November 22, 2025: The Kuwaiti Dinar (KWD) has weakened against the Pakistani Rupee (PKR), trading at 913.82 PKR today in open market rates, as reported at 4:15 PM PST.This decline continues from 915.26 PKR on November 15, 914.97 PKR on November 8, 916.35 PKR on October 25, 919.53 PKR on October 18, 917.13 PKR on October 11, and earlier rates of 919.70 PKR on October 4, 920.75 PKR on September 27, 922.13 PKR on September 20, and a summer peak of 926.79 PKR. The KWD’s trajectory also reflects a climb from 919.67 PKR on June 10, 922.06 PKR on June 13, and 925.45 PKR on June 18. Despite today’s dip, the Dinar remains robust, underpinned by Kuwait’s oil-driven economy, while Pakistan’s strengthening foreign reserves and moderating inflation bolster the Rupee. This movement has key implications for bilateral trade, remittances, and the over 220,000 Pakistani expatriates in Kuwait. Valuation Dynamics: Declining Oil Prices vs. PKR Stabilization The Kuwaiti Dinar’s valuation is closely tied to Kuwait’s oil-dependent economy, where the currency—loosely pegged to a basket led by the US Dollar—is managed by the Central Bank of Kuwait with reserves exceeding $43 billion. As the world’s highest-valued unit, the KWD benefits from Kuwait’s role as a major OPEC+ producer, but recent market pressures have intensified. Global oil prices have continued to soften amid supply growth and easing geopolitical tensions; Brent crude fell to $62.35 per barrel on November 21, down 1.63% from the previous day and reflecting a monthly decline of 0.39%.The International Energy Agency’s November 2025 Oil Market Report anticipates world oil supply rising by 3.1 million barrels per day (mb/d) in 2025, reaching 108.7 mb/d, with non-OPEC+ gains exerting downward pressure on prices. The US Dollar Index, steady at around 100.2, offers some support through the peg, but today’s KWD decline to 913.82 PKR—down 0.16% from last week—largely mirrors the oil market’s volatility.Conversely, the Pakistani Rupee has exhibited resilience under the State Bank of Pakistan’s (SBP) managed float regime, driven by foreign exchange reserves, inflation trends, and trade balances. Pakistan’s total liquid foreign reserves reached $19.74 billion as of November 14, up from $19.72 billion the prior week, supported by SBP holdings of $14.55 billion (a $27 million increase) and commercial banks’ $5.19 billion. These gains stem from IMF inflows under the $7 billion Extended Fund Facility and steady remittances. However, inflation rose to 6.2% in October 2025—the highest in a year—from 5.6% in September, driven by food price surges (up 5.6%) due to floods and Afghan border disruptions. Despite this, the PKR’s strength against the KWD, with a 30-day change of -0.41% and average of 915.11 PKR, underscores stabilization efforts amid a projected $26.6 billion trade deficit. Since November 26, 2024 (901.33 PKR), the KWD has appreciated 1.39% net, but recent PKR momentum reflects Pakistan’s reform-driven buffers. Economic and Social Impacts: Remittance Squeeze and Trade Relief Today’s KWD dip to 913.82 PKR presents mixed outcomes for the 220,000-250,000 Pakistani expatriates in Kuwait, whose $1.9 billion annual remittances account for about 10% of Pakistan’s GDP. The weaker Dinar reduces PKR returns: 1,000 KWD, worth 915,260 PKR on November 15, now yields 913,820 PKR—a loss of 1,440 PKR. Compared to summer peaks (e.g., 926,790 PKR), this represents a 1.41% shortfall, potentially straining household support in remittance hubs like Punjab and Khyber Pakhtunkhwa for education, healthcare, and housing. Across $1.9 billion in flows, such shifts could erode millions in value, though year-over-year gains from 901,330 PKR persist at 12,490 PKR per 1,000 KWD.For trade, the declining KWD lowers costs for Pakistan’s petroleum imports from Kuwait, valued in the hundreds of millions and critical amid energy inflation at 8.5% in October. With Brent at $62.35 per barrel, cheaper effective prices may ease domestic fuel burdens despite the trade deficit. Expatriates face marginally lower local purchasing power but benefit from reduced PKR expenses during visits or for real estate. A stronger PKR could temper Pakistani export competitiveness—textiles and rice to Kuwait—but global competition and supply issues cap gains, while the KWD’s slide narrows import pressures.Socially, the rate affects expatriate planning amid Kuwait’s non-oil diversification (projected 2.5% growth) and Pakistan’s flood recovery, where remittances aid rebuilding. Rising inflation at 6.2% further diminishes real remittance value, highlighting the role of hedging strategies. Broader Context: OPEC+ Supply and IMF Support Kuwait’s $150 billion 2025 GDP, with 1.9% overall growth (oil at 1.2%, non-oil at 2.5%), relies on hydrocarbons, bolstered by a fiscal surplus and public debt under 10% of GDP, though OPEC+ forecasts of balanced supply-demand in 2026 temper optimism. US sanctions on Russia’s Lukoil (effective November 21) may disrupt flows, potentially lifting prices short-term.Pakistan’s $360 billion economy contends with energy shortages and political flux, but the IMF facility—poised for a $1.2 billion tranche by December—elevates reserves to 3.0 months of imports. Gulf linkages heighten sensitivity to KWD moves, while global US policy and commodities sway the pair. Today’s rate aligns with oil’s projected November dip, with WTI forecasts at $57.03 per barrel. Currency Profiles The Kuwaiti Dinar (KWD), introduced in 1961, is Kuwait’s official currency, symbolized as KD or د.ك and subdivided into 1,000 fils. Issued by the Central Bank of Kuwait, it is the world’s highest-valued currency (≈ $3.26 USD), backed by oil revenues, vast reserves, and a basket peg for stability amid energy market fluctuations.The Pakistani Rupee (PKR), established in 1947 post-partition, is symbolized as ₨ and divided into 100 paisa. Managed by the State Bank of Pakistan under a float with interventions, it reflects a $360 billion economy’s challenges—inflation, trade gaps, and reserves—yet demonstrates 2025 reform-driven resilience.The Kuwaiti Dinar’s decline to 913.82 Pakistani Rupee on November 22, 2025, amid Brent’s $62.35 pressure and Pakistan’s $19.74 billion reserves, spotlights vulnerable bilateral ties. While easing import costs, it tightens remittance flows and amplifies 6.2% inflation’s toll, calling for sustained reforms. As OPEC+ navigates 3.1 mb/d supply growth and IMF bolsters the PKR, the KWD/PKR rate persists as a lens on interdependence, trade flows, and expatriate fortitude.

KARACHI: Immigration authorities at Karachi Airport offloaded a Saudi Arabia–bound passenger after his Heavy Transport Vehicle (HTV) driving licence was found to be fake, the Federal Investigation Agency (FIA) said on Saturday.According to the FIA spokesperson, the passenger, Muhammad Asif, was traveling to Saudi Arabia on an international flight for employment as a truck driver.During immigration checks, he presented an HTV licence purportedly issued by the Clifton licensing branch, which was later confirmed to be forged.The spokesperson said the passenger admitted he had obtained the fake licence through an agent for Rs 127,000, and further disclosed that he had never visited the Clifton licensing branch himself.FIA officials said the agent had prepared and provided the counterfeit licence to the passenger. Following the discovery, Muhammad Asif was handed over to the Anti-Human Trafficking Circle for further legal action.Earlier, Pakistan Customs foiled an attempt to smuggle a significant quantity of gold and foreign currency at Karachi’s Jinnah International Airport, resulting in the arrest of two sisters.According to a spokesperson for Pakistan Customs, during profiling and thorough checking, officials from the Customs Collectorate intercepted two women. Upon inspecting their luggage, authorities recovered over 3 kilograms of gold ornaments and foreign currency $11,619.The suspects were identified as Amaal and Manal Khan.Customs officials reported that 2 kilograms of gold and 6,143 US dollars were seized from the luggage of Amaal, while more than 1 kilogram of gold and 5,476 US dollars were recovered from Manal’s belongings.The total estimated value of the confiscated gold and foreign currency is more than Rs110 million, according to Customs.Following the initial investigation, an FIR has been registered under the Customs Act, and both women have been taken into custody as further inquiries continue.

KARACHI: Chairman ABAD Hassan Bakshi on Saturday said that around 15 to 20 billion dollars have been transferred to the UAE and apprehended more capital to shift over there.Addressing the 8th Pakistan International Property Expo and Tourism Investment Opportunities Conference here, the Chairman Association of Builders and Developers (ABAD) said that this system could not run owing to existing financial and taxation policies in the country.He said there is 60 percent tax in Pakistan which is not even in Europe. "In Karachi's South district 100 construction projects have been prepared for building", he said.He said there is four percent property transfer tax in Dubai, while it is 40 % in Pakistan."Property can be purchased in New York and London but it could not in Karachi," Chairman ABAD said.He said someone have to offer patronage to the construction sector for the sake of Pakistan.President Islamabad Chamber of Commerce Sardar Tahir Mehmood said that owing to government policies and IMF conditions the real estate has not been in a good shape. He said Pakistan has a shortage of 20 million housing units; the country needs 1.5 mln homes each year.Senior Vice President FPCCI also addressed the expo and stressed for offering attention to the brand of Pakistan.

KARACHI: Clashes broke out between police and lawyers on Saturday after lawyers were barred from holding a convention against the 27th Constitutional Amendment at the Sindh High Court (SHC).Lawyers had announced a convention inside the SHC premises, but the court administration denied them permission. Following this, Sindh High Court Bar Association President Barrister Mohammad Sarfaraz Ali Metlo also formally cancelled the event.Due to the development, the lawyers announced that they would hold the convention outside the SHC instead. A heavy contingent of police was deployed inside the premises and at the gates to prevent them from entering.[video mp4="https://arynews-1313565080.cos.ap-singapore.myqcloud.com/zip-archives/wp-content/uploads/2025/11/AQOdGGFy09Rb3OmP-ksC2RcTuxQy_FameF8zB8lOMUdLs8NRsDGEZ2la_99CIhFA9i-6OhVZpoUTbHiKA3tNWT5ZggFGzZ3F4moWrUCikA.mp4"][/video]The lawyers brought out a rally to the Sindh High Court. However, when they attempted to enter the court, police tried to stop them, leading to a scuffle.Several police officers, including the Preedy Police Station SHO, were reportedly manhandled. Some officers fled the scene as tensions escalated.The lawyers then forced their way into the SHC New Bar Room and began their convention there.Reports indicate that both entry into the SHC building and access to the New Bar Room had been explicitly restricted for lawyers ahead of the protest.Earlier, the[video mp4="https://arynews-1313565080.cos.ap-singapore.myqcloud.com/zip-archives/wp-content/uploads/2025/11/AQNOBj_1Nrhr-qHAUtwsfCZu3JvtryCmZvh8R9kOGCUJXu0eHBZ3zYovURv3V5QfK2ltA6Dh_zTJGn8MCTJFnBTZs0iXs-HjQANj6LYVlQ.mp4"][/video][video mp4="https://arynews-1313565080.cos.ap-singapore.myqcloud.com/zip-archives/wp-content/uploads/2025/11/AQMlBa_-W-W8nqFeVOKzRHsmmQGLI-4QMMnRZiuk1RPZlhamkiX4oS-0KPKwEZd0dZRNn_jQTBQAb9YxH-e6YH_nmK3ETWEhH4jQeeEvA-1.mp4"][/video]Opposition alliance, Tehreek-e-Tahafuz Ayen-e-Pakistan (TTAP), on Friday announced countrywide protests following its meeting held in the capital, ARY News reported. Mahmood Khan Achakzai, the Opposition Leader in the NA (National Assembly) from the PTI (Pakistan Tehreek-e-Insaf) side, led the TTAP meeting. TTAP had also staged a protest walk from the Parliament to the Supreme Court of Pakistan against the passing of the 27th Amendment.TTAP will actively participate in the lawyers’ protest in Lahore against the approval of the 27th Amendment by both houses of the Parliament.The opposition alliance had also observed a countrywide “Black Day” next Friday, on November 21.TTAP has termed the 27th Amendment an attack on the basic structure of the Constitution, and a resolution will be presented in the Khyber Pakhtunkhwa Assembly against it.They added that it is a strike on the basic pillar of the state, the judiciary, under which the judiciary has been given under the administration, while the basic structure of the constitution has been ruined.

ISLAMABAD: Five judges of the Islamabad High Court (IHC) have challenged the transfer of their intra-court appeal (ICA) in the judges’ transfer case to the newly established Federal Constitutional Court (FCC).The judges’ appeal against the Supreme Court's verdict on the transfer and seniority of IHC judges case was shifted to the FCC following the enactment of the 27th Constitutional Amendment, which created the new constitutional court.However, on Saturday, Justice Mohsin Akhtar Kiyani, Justice Tariq Mehmood Jahangiri, Justice Babar Sattar, Justice Sardar Ejaz Ishaq Khan, and Justice Saman Riffat Imtiaz filed an application in the FCC requesting that the case be sent back to the Supreme Court for hearing.In their petition, the judges argued that both the transfer of the appeal and the 27th Amendment itself lack lawful authority, claiming that the amendment violates essential features of the Constitution.They raised constitutional questions, asking whether Parliament—under the guise of an amendment—can alter the basic structure of governance, merge or abolish the three branches of the state, or transfer judicial powers to another body.The petition further questions whether Parliament could abolish the executive, replace parliamentary democracy, or even pass an amendment granting itself a life-long mandate.The judges argued that the Supreme Court has consistently held that Parliament cannot amend the Constitution in ways that undermine its fundamental structure.They stated that Parliament, like the executive and the judiciary, derives its authority from the 1973 Constitution, and does not function as a constituent assembly with unlimited powers. Background In June 2025, the Supreme Court’s Constitutional Bench upheld the transfers of several high court judges—ruling that the transfers were lawful and not unconstitutional.Five IHC judges had subsequently filed an intra-court appeal under Article 184(3) of the Constitution, challenging the Supreme Court’s decision regarding their transfer and seniority.The controversy originated after the transfers of judges from multiple high courts to the IHC, including Justice Sardar Mohammad Sarfraz Dogar (Lahore High Court), Justice Khadim Hussain Soomro (Sindh High Court), and Justice Muhammad Asif (Balochistan High Court).

FAISALABAD: An initial report of Faisalabad chemical factory blast suggested that it didn't have the NoC from the federal government.According to the report, explosive material was stored in the factory premises, "negligence and unskilled staff' likely caused the deadly disaster."The gas cylinder leakage and electric short circuit might have ignited the chemical," according to the report.Director General Industries Punjab has constituted a four-member inquiry committee comprises of chief inspector boiler, DO Industries, deputy chief inspector boiler and a representative of boiler engineers.The deadly incident took place at the chemical factory in Malikpur, Faisalabad.The DC said that the deceased include children, women, elderly individuals, and factory workers.Initial findings suggest that the chemical caught fire due to a gas leakage.The blast was so intense that roofs of nearby houses collapsed due to the impact.An initial statement by Rescue 1122 said the incident took place early in the morning after the boiler of the factory exploded, causing the collapse of the building and nearby structures. However, the rescue service later attributed the explosion to a gas leak, which was also confirmed in the statement issued by Faisalabad Commissioner Raja Jahangir Anwar’s office.The first information report (FIR) of the incident was registered on the state’s behalf by the police and mentioned 20 dead, with 19 named victims, and seven injured.

KARACHI: Thousands of vehicles were stranded on the Northern Bypass on Saturday as transporters staged a sit-in protest against Pakistan Customs, blocking the key route for several hours.According to reports, the protest—led by the Transporters Association—has continued for more than 10 hours, causing long queues of traffic on the busy artery of Karachi. The road has been closed to all types of traffic.The demonstration erupted following an alleged altercation between transporters and customs officials.Protesters accused customs personnel of smashing the windows of 20 to 25 vehicles, using abusive language during an argument, and even opening fire and using batons against transporters over a petty issue.They claimed that three to four people were injured in the clash and were shifted to hospitals late at night.Transporters warned that their sit-in will continue until an FIR is registered against the officials allegedly involved in the firing and baton-charging. Protesters said that no government representative had arrived yet for negotiations.The ongoing blockade has severely disrupted traffic flow, leaving thousands of commuters stuck for hours on the Northern Bypass.Earlier on Sep 16, 2025, transporters staged a protest against the Customs check post at Hub Chowki, disrupting traffic on the main Quetta-Karachi highway, ARY News reported.The protesters blocked the road, halting the flow of traffic between Quetta and Karachi. They accused customs officials of demanding bribes and harassing goods-carrying vehicles, instead of targeting smugglers.Tensions escalated when the scuffle broke out between the protesters and customs personnel. Reports indicate that a physical altercation occurred, followed by baton charges and aerial firing by customs officials to disperse the crowd. The situation created a state of chaos, with the area resembling a battlefield.Police later arrived at the scene and managed to bring the situation under control.

LAHORE: Cane Commissioner Punjab has issued notices to 10 sugar mills of the province over delay in commencement of the sugarcane crushing season by November 15 this year.The sugar mills managements have been summoned to the office of the provincial Cane Commissioner on November 26."In case of their failure to submit a satisfactory reason in delay of the crushing, they could be imposed Rs one million per day fine," sources at the Cane Commissioner's office said.It is to be mentioned here that the government of Punjab had announced the commencement of the sugarcane crushing season for Year 2025, setting November 15 as the start date for all sugar mills across the province.The decision was aimed to ensure a uniform start of the crushing season, facilitating timely sugar production.A unified schedule helps balance market demand, avoid regional disparities, and prevent delays that could affect farmers’ incomes.The government also directed sugar mills to comply with the procurement regulations and to begin crushing immediately on the notified date to protect growers from unnecessary delays and financial losses

BANNU: At least three Tehrik-e-Taliban Pakistan (TTP) commanders were among 17 terrorists killed during operations conducted by police, the Counter Terrorism Department (CTD), and security forces in different areas of Bannu division, Khyber Pakhtunkhwa, officials said on Saturday.The operations were launched a day after seven people were killed when a group of terrorists attacked the office of the Howaid Peace Committee in Bannu on Friday.Inspector General of Police (IGP) Khyber Pakhtunkhwa, Zulfiqar Hameed, said that joint teams of the police, CTD, and security forces carried out operations in Sheri Khail and Pakka Pahar Khail following reports about the presence of terrorists in the area.According to the IGP, 10 terrorists were killed, while several others were injured. One facilitator was also arrested.He added that 7 bodies were recovered from the area, while due to the difficult mountainous terrain, three bodies could not be retrieved.Among the dead were two wanted commanders identified as Niaz Ali alias Ukasha and Abdullah alias Shapunkoi, both of whom were on the police and security forces’ most-wanted lists. Operation in Nasar Khail A separate joint operation by police and CTD in Nasar Khail resulted in the killing of another wanted terrorist, the IGP confirmed. Eight-Hour Operation in Domail Meanwhile, Bannu police, CTD, and security forces conducted an extensive operation in Domail Tehsil, where six terrorists were killed and dozens injured during an intense exchange of fire.The eight-hour operation targeted multiple hideouts used by militants in the region. Reports circulating on social media stated that TTP commander Rasul Ghani alias Aryana Painda Khel was also among the killed terrorists.IGP Zulfiqar Hameed praised the joint forces for their successful actions and reiterated that operations would continue until the elimination of the last remaining terrorist. He said that security forces would keep pursuing militants even in their remote hideouts.Earlier, on Friday, seven people were killed when terrorists attacked the office of the Howaid Peace Committee in Bannu, prompting intensified operations across the region.According to police, the terrorists targeted the Peace Committee Office in Howaid, Bannu, resulting in the deaths of seven individuals and leaving one person injured.

FAISALABAD: The District Returning Officer (DRO) in Faisalabad has imposed a fine of Rs 50,000 on Adviser to the Prime Minister on Political Affairs, Rana Sanaullah, over a violation of the by-election code of conduct in Punjab, ARY News reported.According to the DRO, the Pakistan Muslim League-Nawaz (PML-N) political stalwart of Faisalabad violated the ECP code of conduct for the by-polls in PP-116 Faisalabad.Furthermore, Rana Sanaullah did not respond to the notice served by the DRO.The PML-N senior leader and PM Adviser has been directed to pay the fine and submit the receipt to the respective office of the ECP.If the fine is not paid, the matter will be sent to the ECP.Earlier, the Ministry of Interior has approved the deployment of the Pakistan Army and Civil Armed Forces on the request of the Election Commission of Pakistan (ECP) for security duties during the upcoming by-elections, ARY News reported.According to the ECP, the Army and Civil Armed Forces will be deployed from November 22 to 24, while they will perform security duties specifically for the November 23 by-elections in designated constituencies.The commission stated that military personnel will serve as second- and third-tier responders in the assigned areas. During election duty, the Pakistan Army will exercise powers under the Anti-Terrorism Act, enabling them to take necessary security measures.The ECP further confirmed that the deployed officers have also been granted First Class Magistrate powers to ensure swift action in case of any violations.Under the official notification, the Pakistan Army and Civil Armed Forces have been empowered to maintain law and order throughout the electoral process, ensuring a peaceful and secure environment for voters and polling staff.Earlier, the ECP had taken serious notice of the recent remarks made by Khyber Pakhtunkhwa Chief Minister Sohail Afridi and had called an emergency meeting to review the situation.According to reports, the Commission will examine possible legal action over the statements delivered during a public gathering in Havellian.The controversy began when Sohail Afridi addressed a crowd in Havellian during the ongoing by-election campaign. During his speech, he reportedly used language that the Election Commission of Pakistan considers threatening, hostile, and aimed at influencing government employees on election duty.Sources inside the Commission say the tone and content of his remarks raised red flags, especially because such comments came from a sitting chief minister.According to initial assessments, Sohail Afridi made multiple comments related to the responsibilities of government officials during the by-election, and these comments were seen as an attempt to pressure administrative staff.The ECP believes the words used by the chief minister may amount to intimidation, which is a direct violation of the election code of conduct.Authorities familiar with the matter say the Commission is particularly concerned because the remarks came from someone holding the province’s highest executive office.The ECP has stressed that no public official, including Sohail Afridi, can interfere with election staff or attempt to influence the process in any manner. The emergency meeting is expected to review recordings of the speech and determine whether a formal notice or disciplinary action should be issued.