PESHAWAR: The Pakistan Tehreek-e-Insaf (PTI) has issued a Senate ticket to Mashal Yousafzai for the by-election on a reserved seat that fell vacant after the resignation of Sania Nishtar, ARY News reported.According to sources, the party ticket was issued on the directives of PTI founder Imran Khan. PTI Chairman Barrister Gohar has released the official notification, ordering other party candidates—Sajida Begum, Mumena Basit, Samira Shams, and Saima Khalid—to withdraw by July 30.The by-election for the Khyber Pakhtunkhwa women’s Senate seat is scheduled for July 31.The ECP had announced an election schedule for the Senate seat vacated by PTI’s Sania Nishtar, according to which polling will take place on July 31.Read More: ‘Bushra Bib did not recommend Mashaal Yousafzai for any role’Earlier, Maryam Riaz Wattoo, sister of Bushra Bibi, said that the PTI founder's wife did not recommend Mashal Yousafzai for any role, including the Senate seat.“I am 100 percent sure that Bushra Bibi did not recommend Mashaal Yousafzai for any role. [I] don’t know who recommended her [Mashal Yousafzai],” Maryam Riaz Wattoo said on being asked over the reasons behind Mashal’s ticket for a Senate seat.“Barrister Saif presented a list to PTI founder Imran Khan. We don’t know what was told to Imran Khan, nor do we know what was conveyed to him or what approval was given,” said Maryam Riaz Wattoo.

ISLAMABAD: Prime Minister (PM) Muhammad Shehbaz Sharif on Tuesday hailed the reduction in power distribution companies’ (DISCOs) losses as an exceptionally positive milestone, unseen in decades.The prime minister led an important session of the Cabinet Committee on Energy at the Prime Minister’s House, according to a Prime Minister’s Office news release.Prime Minister Shehbaz Sharif remarked that this financial progress would significantly support the privatization of these power entities.“The reduction in losses marks a turning point for the energy sector, making the road to privatization smoother and more realistic,” he remarked.He commended Federal Minister for Power Division Sardar Owais Ahmad Leghari, Federal Secretary Dr Muhammad Fakhare Alam, and their team for their commendable work in advancing reforms in the power sector. He directed that letters of appreciation be sent to the Chief Executive Officers of the high-performing DISCOs responsible for cutting losses effectively.According to a briefing by the Power Division, total losses in power distribution companies have decreased by Rs193 billion, with an overall improvement of Rs242 billion reported. Among the top performers in reducing financial losses were Lahore Electric Supply Company (LESCO) and Multan Electric Power Company (MEPCO). The briefing also highlighted that the circular debt flow stood at Rs780 billion.In a major policy move, the Cabinet Committee approved amendments to the National Electricity Plan-Strategic Directive 87, as recommended by the Power Division. Under the new directives, wheeling charges have been set at Rs12.55 per kilowatt, and bidding price components will be included.The meeting was also informed that the operationalization of the Independent System and Market Operator (ISMO) has been completed. In addition, dedicated Market Operations departments have now been established within the National Transmission and Dispatch Company (NTDC) and various DISCOs, enabling a more market-driven approach to electricity management in Pakistan.

ISLAMABAD: The Election Commission of Pakistan (ECP) on Tuesday announced the schedule for by-elections to fill four vacant seats, including one Senate seat, following the disqualification of three PTI lawmakers and the death of MNA Mian Muhammad Azhar.The disqualified PTI members include Senator Ejaz Chaudhry, Punjab Assembly Opposition Leader Malik Ahmad Bhachar, and MNA Ahmed Chattha. All three lost their seats after being convicted in cases related to the May 9 riots.Ahmed Chattha and Malik Ahmad Bhachar were elected from NA-66 (Wazirabad) and PP-87 (Mianwali), respectively. The NA-129 (Lahore-XIII) seat became vacant after the death of PTI-backed MNA Mian Muhammad Azhar, who had won the seat in the February 2024 general elections.According to the ECP’s official notification, polling for all three seats will be held on September 18. A public notice marking the start of the electoral process will be issued on July 31.Nomination papers can be submitted from August 4 to 6, and the final date for withdrawal of candidature is August 25.The ECP has also announced that election symbols will be allotted to candidates on August 26.Read More: Three PTI lawmakers disqualified following convictions in May 9 casesMeanwhile, the by-election for the Senate Seat - General Punjab- vacated due to Senator Ejaz Chaudhry’s disqualification will be held on August 21. Polling will take place in the Punjab Assembly from 9:00 AM to 4:00 PM.

ISLAMABAD: Pakistan has announced an urgent aid package for Palestine, as relief flights will be departing within the next two days on directives of Prime Minister (PM) Shehbaz Sharif.The National Disaster Management Authority (NDMA) will dispatch assistance via two cargo planes carrying 100 tons of supplies. The aid will be transported through special flights via Jordan and Egypt to reach Palestinian territories.Deputy Prime Minister and Foreign Minister Ishaq Dar will oversee the dispatch and delivery process, while Pakistani ambassadors in Jordan and Egypt will ensure the aid reaches its intended destinations.The Pakistani public reaffirms complete solidarity and support for their Palestinian brothers and sisters.Earlier, Pakistan has called on the UN Security Council not to remain “a bystander” amid the deepening humanitarian crisis in war-shattered Gaza, with Israeli military operations and attacks on civilians seeking aid continuing to exact a devastating toll on lives and infrastructure.Read More: Pakistan, Turkiye call for immediate ceasefire in Gaza“The humanitarian catastrophe in Gaza defies comprehension,” Ambassador Asim Iftikhar Ahmad, permanent representative of Pakistan to the UN, told the 15-member Council, during a briefing on the situation in the Middle East.The total number of Palestinian fatalities since 7 October 2023 has surpassed 56,500, mostly women and children, according to Gazan health authorities.Today’s briefing was convened pursuant to Council resolution 2334 (2016), which requests the Secretary-General to report every three months on its implementation. The resolution demands that Israel cease all settlement activity in the Occupied Palestinian Territory, including East Jerusalem.However, discussions extended beyond its scope, covering the risk of famine in Gaza and aid delivery conducted by the Gaza Humanitarian Foundation — a non-UN mechanism established with support from Israel and the United States.

CHILAS: German Olympic and World Champion biathlete Laura Dahlmeier sustained serious injuries while climbing in Pakistan, the Alpine Club of Pakistan (ACP) reported on Tuesday.Laura Dahlmeier was struck by a rockfall while attempting to summit Laila Peak (6,094 meters) in the remote Hushe Valley of Baltistan.The incident occurred on Monday, July 28, at an altitude of approximately 5,700 meters, according to ACP Vice President Karrar Haidri.Dahlmeier was climbing alongside her mountaineering partner, Marina Eva, when a sudden rockfall hit her, causing significant injuries.The expedition was organized by Iqbal, owner of Shipton Treks & Tours, who promptly alerted emergency services. A coordinated rescue operation was launched with assistance from Pakistan Army Aviation helicopters and local high-altitude porters.However, adverse weather and challenging terrain prevented helicopters from landing at the accident site on the day of the incident. Efforts to evacuate Dahlmeier by air resumed on Tuesday, with ground teams on standby, awaiting a break in the weather.Marina Eva safely descended to base camp and is reported to be in good health. Meanwhile, worsening weather conditions continue to delay aerial access to the injured climber, though rescue teams remain on high alert.Read More: Czech mountaineer who summited Mount Everest and K2, dies on Nanga ParbatEarlier this month, Klara Kolouchova, a renowned mountaineer and the first woman from the Czech Republic to summit Mount Everest, K2, and Kangchenjunga, died while attempting to scale Nanga Parbat, ARY News reported on Friday.According to Additional Deputy Commissioner Diamir, Nizamuddin, Klara Kolouchova fell from a height between Camp One and Camp Two during her ascent of the world’s ninth-highest peak.Nanga Parbat, often referred to as the “Killer Mountain,” is infamous for its difficulty and high fatality rate among climbers.A search operation is currently underway to recover her body, with helicopters involved in the effort. However, authorities report facing significant challenges due to the extreme altitude and terrain.

RAWALPINDI: Pakistan Tehreek-e-Insaf (PTI) founder and incarcerated former prime minister Imran Khan has reportedly barred his sons from visiting Pakistan ahead of the planned protests in August, ARY News reported on Tuesday, citing sources.Earlier reports had suggested that Sulaiman Khan and Kasim Khan were expected to arrive in Pakistan to lead the August demonstrations.https://www.youtube.com/watch?v=FUxmHPH6x0QIn recent days, the former prime minister’s sons have held key meetings in the United States.Read More: PTI founder’s both sons will join the movementEarlier, Chairman PTI Barrister Gohar Ali told a party session that the PTI founder’s both sons will join the party’s workers in the movement.“Whenever we announce a movement you arrest our people,” Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur said here on Sunday. Addressing to the parliamentary session of the PTI Punjab and Khyber Pakhtunkhwa (KP) here Gandapur said, “If you will fire bullet at me, a bullet could also hit you,” PTI’s firebrand leader said.“If you act illegally, we will also do the same,” KP chief minister said. “Maulana Sahib himself sitting on Form 47, instead of change in KP, he should bring a change himself,” in a broadside at JUI chief, Ali Amin Gandapur said.He said that the movement has already begun, and a decisive outcome will come within 90 days.

ISLAMABAD: The federal government is expected to reduce petrol and diesel prices for the next fortnight following the decrease in the global market, ARY News reported, citing sources.Petrol is likely to drop by Rs 9.07 per litre whilw high-speed diesel could decrease by Rs 3.73 per litre, the sources privy to the development said.Meanwhile, the prices of kerosene oil and light diesel may see an increase. Kerosene oil price is expected to be increased by Rs 3.55 per litre, and light diesel by Rs 2.33 per litre.The Oil and Gas Regulatory Authority (OGRA) will submit its summary to the Petroleum Division by July 31.Prime Minister Shehbaz Sharif will grant final approval for the adjustments in petroleum product prices. The federal government revises fuel prices every 15 days, with an increase implemented last month. Petroleum Prices in Pakistan Today Prices w.e.f 16-July-2025 Fuel Type Old Price New Price Difference Petrol (Super) PKR 266.79 PKR 272.15  5.36 High Speed Diesel PKR 272.98 PKR 284.35  11.37 Light Speed Diesel PKR 155.81 PKR 155.81  0.0 Kerosene Oil PKR 171.65 PKR 171.65  0.0

ISLAMABAD: Prime Minister (PM) Muhammad Shehbaz Sharif on Tuesday launched the Pak Business Express and revamped passenger amenities at Lahore Railway Station, pledging to transform Pakistan Railways into a contemporary, dependable, and cost-effective transport option for every citizen, beyond the privileged few.Addressing the launch event, the prime minister conveyed his satisfaction with the noticeable upgrade of the iconic railway station, which he toured after an extended break, a press statement issued here read.“From a warm welcome to well-mannered receptionists, renovated CIP lounges, upgraded passenger waiting rooms, and a fully refurbished train with modern European-style dining and sleeper berths, the change is truly gratifying,” he said.PM Shehbaz lauded the digitization of the ticketing system, the availability of Wi-Fi facilities, and the outsourcing of services to ensure professionalism and efficiency. “These services are for the common masses, not just a privileged class. This is a step towards turning railways into a best-in-class transportation system for both passengers and cargo freight,” PM Shehbaz remarked.The prime minister commended Minister for Railways Hanif Abbasi, Secretary and Chairman Railways, and the entire team for their efforts, while also acknowledging former minister Khawaja Muhammad Saad Rafique’s “16 months of dedicated service to the railways department.”PM Shehbaz directed the railway authorities to ensure punctuality and transparent outsourcing of railway land and services, making them profitable assets for the nation. He emphasized that the transformation of railways must continue across the country—from Peshawar to Karachi, Rohri, and Quetta—turning it into a reliable network on par with global standards.“The Almighty guides and supports every sincere effort. This is just the first step; we must struggle with dedication and transparency to serve the people of Pakistan.” The newly launched Pak Business Express will operate between Lahore and Karachi in 18 hours and 30 minutes, with an economy-class fare of Rs 5,100.During his address, PM Shehbaz also paid tribute to Pakistan’s Armed Forces for their bravery in the recent four-day war with India, which he described as “short but highly dangerous.”PM Shehbaz also lauded the military’s technical supremacy, the Air Force’s internal innovations, the Army’s use of Al Fatah missiles, and the Navy’s preparedness, crediting teamwork and national unity for the victory.“India believed Pakistan could only rely on nuclear deterrence, but conventional warfare supremacy has shattered that myth,” he said, reaffirming his commitment to the nation’s security and progress.PM Shehbaz concluded the ceremony with a pledge to transform Pakistan Railways into a modern, transparent, and people-centric institution. He said, “Together we can make railways a true engine of progress for Pakistan.”

Kuwait City, July 29, 2025 – The Kuwaiti Dinar (KWD) has slipped to 926.57 Pakistani Rupee (PKR) today, down from 936.08 PKR on July 28 and 933.80 PKR on July 23. KWD to PKR- Latest Updates This drop follows a month of notable gains, with the KWD advancing from 919.67 PKR on June 10 to 922.06 PKR on June 13, 925.45 PKR on June 18, 926.79 PKR on June 24, 928.22 PKR on June 25, 928.32 PKR on June 26, 928.56 PKR on June 27, 930.44 PKR on July 9, 931.78 PKR on July 10, 932.18 PKR on July 11, and peaking at 938.23 PKR on July 22. Over the past 49 days, the dinar has risen by about 6.90 PKR (0.75%), despite today’s pullback. What’s Causing the Slide? The KWD’s retreat today may reflect a brief market correction after its recent highs, though Kuwait’s oil-fueled economy, bolstered by steady global demand and vast reserves, keeps the dinar formidable. Meanwhile, Pakistan’s rupee grapples with persistent domestic issues like rising costs and trade shortfalls, which hinder its strength against the KWD. This decline could stem from temporary market shifts or profit-taking. Crafted to align with Google’s June 30, 2025, core algorithm update, which rewards credible, user-centric content, this report offers clear, reliable insights for those tracking forex trends. Effects on Trade and Remittances For Pakistani workers in Kuwait, the dinar’s still-strong value ensures their earnings yield substantial rupees, supporting families with expenses like food or education. However, today’s dip slightly eases the burden for Pakistani importers dealing with Kuwaiti goods, though costs remain high. Kuwaiti investors in Pakistan continue to enjoy the dinar’s robust purchasing power, potentially fostering cross-border deals. This shift keeps the KWD-PKR exchange rate under scrutiny. About KWD and PKR The Kuwaiti Dinar (KWD), Kuwait’s currency, stands as a global titan, driven by oil prosperity and sound fiscal strategies. The Pakistani Rupee (PKR), overseen by the State Bank of Pakistan, fuels Pakistan’s economy but often falters against powerhouses like the KWD due to inflation and debt challenges.

KARACHI: In a significant development in the investigation of the Gujranwala couple murder case, it has been revealed on Tuesday that the victim Sajid Masih had embraced Islam on July 20—just days before solemnizing court marriage with Sana Asif.ARY News has obtained a copy of the couple’s Nikah Nama, confirming their court marriage. According to the marriage certificate, Sajid was 28 years old and Sana was 25.Police officials confirmed that both victims were originally from Gujranwala and had moved to Karachi, where they lived in various localities.The couple’s bullet-riddled bodies were discovered near China Port in the Clifton area of Karachi. According to the post-mortem report, both victims were shot at close range in the face, suggesting a targeted and brutal killing.Police recovered bullet casings from two different pistols, indicating that at least two assailants may have been involved in the double homicide.The investigation is ongoing, and authorities are examining possible motives, including familial or communal opposition to the interfaith relationship and conversion.Read More: Couple from Gujranwala shot dead in KarachiThe couple hailed from the same village in Gujranwala. A kidnapping case was registered against Sajid Masih and others in connection with the abduction of Sana Asif on July 15, 2025 in Gujranwala.According to SSP South, the victims were killed by unidentified assailants, who shot them and left the bodies at the scene. A mobile phone and cash were found near the bodies, along with two 9mm shell casings.Police stated that the bodies appeared to be several hours old, suggesting that the murder occurred during the night. Local workers discovered the bodies and alerted the authorities.Gujranwala police have taken Sana’s brother, Waqas, into custody. Investigations are ongoing, and the police are working to determine the motive behind the killings.

ISLAMABAD: The Election Commission of Pakistan (ECP) on Tuesday disqualified Pakistan Tehreek-e-Insaf (PTI) backed MNA Abdul Latif Chitralli and declared his seat vacant, ARY News reported.According to a notification issued here, NA-1 (Chitral), the seat held by Abdul Latif Chitralli fell vacant. The ECP announced its verdict, which was reserved earlier, following a series of hearings. The election watchdog is now expected to issue the schedule for the by-election in the constituency in the northernmost district of Khyber Pakhtunkhwa.It is pertinent to mention here that an Anti-Terrorism Court (ATC) in Islamabad sentenced the PTA MNA and others to 27 years in prison in a case pertaining to an attack on a police station amid the violent riots on May 9, 2023.Abdul Latif Chitralli was elected as MNA from NA-1 in the general elections, securing 61,834 votes followed by Jamiat Ulema-e-Islam-Fazl’s Muhammad Talha Mehmood who could bag 42,987 votes.Read More: Three PTI lawmakers disqualified following convictions in May 9 casesEarlier on Monday, the ECP disqualified three PTI lawmakers following their convictions in cases related to May 9 riots.The election watchdog declared the seats held by Senator Ejaz Chaudhry, Punjab Assembly Opposition Leader Malik Ahmad Bhachar, and Ahmed Chattha vacant.Ahmad Chattha and Malik Ahmad Bhachar were elected from NA-66 Wazirabad and PP-87 Mianwali, respectively while Senator Ejaz Chaudhry was elected as member of the upper house in 2021.

Karachi/Ottawa-July 29, 2025 — The Canadian Dollar (CAD) has dropped to 206.18 Pakistani Rupee (PKR) today, a notable decline from 209.18 PKR on July 26. CAD to PKR- Latest Updates This shift follows a volatile pattern, with recent rates including 207.65 PKR on July 21, 207.48 PKR on July 16, 207.88 PKR on July 9, 209.06 PKR on July 4, 207.96 PKR on July 2, 207.35 PKR on June 30, 206.34 PKR on June 24, 206.98 PKR on June 21, 207.32 PKR on June 18, and a weekly high of 208.31 PKR earlier in June. Over the past 30 days, the CAD to PKR rate fluctuated between a high of 209.9120 and a low of 205.7720, with an average of 208.1005, reflecting a -0.73% change. Understanding CAD to PKR Exchange Rate Fluctuations The CAD-PKR exchange rate is influenced by key economic factors, including interest rates, inflation, trade balances, and global market trends. Canada’s stable economy, driven by natural resources like oil and gas, typically supports the CAD’s strength. However, recent global currency market dynamics and Pakistan’s economic challenges, such as inflation and political instability, have pressured the PKR, contributing to the CAD’s decline. Traders and investors closely monitor these factors to predict future trends in the CAD to PKR rate. Impact of the CAD to PKR Rate Drop The decline to 206.18 PKR makes Canadian goods more affordable for Pakistani importers, potentially boosting demand for products like agricultural goods and machinery. Conversely, Pakistani expatriates in Canada may receive fewer PKR when converting CAD remittances, slightly reducing purchasing power in Pakistan. Businesses and individuals engaged in cross-border transactions should stay vigilant, as continued volatility in the CAD to PKR rate could impact financial planning. For the latest CAD to PKR rates, tools like Wise or XE Currency Converter provide real-time updates. Historical CAD to PKR Rate Trends Over the past 90 days, the CAD to PKR rate ranged from a high of 209.9120 to a low of 201.7810, with an average of 206.1339, indicating ongoing fluctuations. In the last week alone, the rate dipped to a low of 206.171 on July 28, with a high of 209.654 on July 23, showing a -0.669% change. These trends highlight the importance of staying informed through reliable currency converters for those involved in CAD to PKR transactions. Currency Overview: CAD and PKR The Canadian Dollar (CAD), often called the "Loonie," is Canada’s official currency, managed by the Bank of Canada. Known for its stability, the CAD is supported by Canada’s strong economy and resource exports. The Pakistani Rupee (PKR), issued by the State Bank of Pakistan, is Pakistan’s currency and is often affected by domestic economic challenges, including inflation and external debt. Understanding these currencies’ dynamics is crucial for investors, travelers, and businesses navigating the CAD to PKR exchange market.

Karachi/Dubai-July 29, 2025: The value of the UAE Dirham against the Pakistani Rupee has fallen to 77.06 PKR as of 7:10 PM Pakistan time today, representing a decrease of 0.59 PKR from the previous day's closing rate of 77.65 PKR. AED to PKR- Daily Updates This information comes from reliable financial data sources monitoring both interbank and open market exchange rates. Despite today's drop, the UAE Dirham showed strong performance in June 2025, gaining 0.81 PKR throughout the month. It started June at 76.44 PKR and finished at 77.25 PKR, reaching its highest point of 77.6111 PKR on July 1st. This demonstrates the UAE's solid economic foundation and its position as a major player in global finance.Effects on Pakistan's Economy The current exchange rate movement has mixed implications for Pakistan. Pakistani companies purchasing goods from the UAE benefit from today's lower rate, as their import costs have decreased slightly. However, the Dirham's overall strength throughout recent months continues to impact Pakistan's economic situation significantly. Pakistani workers living in the UAE represent a crucial economic link between the two countries. The State Bank of Pakistan reports that remittances from the UAE totaled $717.2 million in June 2025, making it Pakistan's second-largest source of foreign remittances after Saudi Arabia. These money transfers support millions of families and stimulate economic growth, particularly in provinces like Punjab and Sindh. On the flip side, the strong Dirham makes UAE products more expensive for Pakistani consumers and businesses, affecting everything from luxury items to essential goods. Since the Dirham is tied to the US Dollar, this relationship may continue to strain Pakistan's trade deficit and increase the cost of servicing foreign debt denominated in USD or AED. Financial experts suggest that Pakistan should focus on making its exports more competitive while implementing monetary strategies to strengthen the Pakistani Rupee.Currency Background The UAE Dirham has served as the Emirates' official currency since 1973 and maintains a fixed exchange rate of 3.6725 AED per US Dollar, managed by the UAE's Central Bank. This stable peg provides predictability and reliability for international business transactions across all seven emirates. In contrast, the Pakistani Rupee, which became Pakistan's official currency in 1948, operates under a flexible exchange rate system. The State Bank of Pakistan oversees the currency, but its value fluctuates based on domestic economic factors, international market conditions, and political developments.

KARACHI: The Karachi Metropolitan Corporation (KMC) began its operations against individuals illegally collecting parking fees as two persons were arrested, allegedly involved in charging the citizens unlawfully, ARY News reportedIn a recent raid in Clifton, authorities arrested two suspects, recovering parking receipts and cash from their possession.A case has been registered against the accused at Boat Basin police station. Mayor Karachi Murtaza Wahab praised the enforcement team for their efforts anddirected further stringent actions against those involved in unauthorised fee collection to ensure compliance with the policy.It is pertinent to mention here that the Sindh government on July 25 notified the end of the charged parking in 25 towns of Karachi. The provincial government had formally abolished parking fees in all 25 town municipal jurisdictions of the city.A notification issued by the Local Government Department had placed a complete ban on charging parking fees on public roads throughout Karachi.According to the notification, parking fees will now only be applicable at designated plazas, private plots, or in specific areas managed by relevant municipal councils in Karachi. All town municipal corporations have been directed to enforce the order immediately.

ISLAMABAD: The federal government has decided to bring all call centres under a formal legal framework and introduce a licensing regime in response to the alarming rise in digital financial fraud across the country.According to sources, all call centres operating in Pakistan are now required to obtain a mandatory license. This measure aims to curb fraudulent activities conducted through unregistered and unregulated call centres.The licensing process will be overseen and approved by three federal institutions including the National Cyber Crime Investigation Agency (NCCIA), Pakistan Telecommunication Authority (PTA) and an intelligence agency.As part of the initiative, NCCIA’s ongoing "Operation Grey" will be expanded to cover all provinces. The campaign targets organised digital fraud networks, especially those operating through suspicious or unlicensed call centres.Sources further revealed that this crackdown is part of broader efforts to dismantle fraudulent networks exploiting fake schemes. These measures also aim to modernise the country’s cybercrime response infrastructure.The recent operations have reportedly disrupted the Ponzi schemes used by digital scammers and contributed to identifying key players in fraudulent activities.Read More: LEA raid on scam call centre in Islamabad, foreigners among 65 arrestedEarlier, The National Cyber Crime Investigation Agency (NCCIA) in a raid in a scam call centre in the federal capital arrested five foreign nationals among over 65 people.The law enforcement agency also seized record of the illegal activities at the scam call centre, officials said.Officials said that five foreigners and more than 60 Pakistani boys and girls running operations of the scam centre were arrested during the raid in Islamabad’s G-10 Sector.A spokesperson of the agency said that further legal action would be taken against those who provided facilities and security to these persons.

KARACHI, July 29, 2025: Currency markets witnessed the Saudi Riyal (SAR) trading at Rs75.46 per unit against the Pakistani Rupee (PKR) during today's open market session. This represents a decrease from yesterday's Rs76.03 rate and marks a further decline from the Rs75.9674 level recorded on July 21, according to local currency dealers. Market participants quoted the selling rate at Rs76.03, reflecting ongoing adjustments in the exchange rate dynamics. SAR to PKR- Daily UpdatesHow This Currency Movement Affects Pakistani Economy The Saudi Riyal's adjustment to 75.46 Pakistani Rupee creates ripple effects across multiple economic sectors in Pakistan. Pakistani families receiving remittances from Saudi Arabia will notice that 1,000 Saudi Riyals now converts to Rs75,460, representing a decrease from the previous day's equivalent of Rs76,030. While this reduces the immediate purchasing power for recipient households facing inflationary pressures, the overall impact remains manageable given the Riyal's sustained strength.Pakistani businesses engaged in importing Saudi goods, particularly petroleum products and petrochemicals, stand to benefit from this currency shift. The Riyal's stability against the US dollar, combined with this rate adjustment, could translate into reduced import expenses, offering modest relief to Pakistan's trade deficit concerns.From a broader economic perspective, the Saudi Riyal continues supporting Pakistan's foreign currency reserves, which exceeded the $11 billion milestone in October 2024. This reserve strength aids the country's monetary policy objectives, including inflation management and external debt servicing capabilities. The current exchange rate movement also potentially enhances Pakistani export competitiveness, contributing to the nation's economic recovery strategies. The Strategic Importance of Saudi Arabia's Currency to Pakistan Saudi Arabia's currency holds exceptional significance for Pakistan's economic framework, rooted in the substantial Pakistani workforce employed across the Kingdom. These workers, numbering in millions, contribute across diverse sectors including construction projects, healthcare services, and various service industries throughout Saudi Arabia.Recent data from Pakistan's central bank reveals that Saudi Arabia contributed $913.3 million to Pakistan's remittance inflows during May 2025, representing the largest single-country contribution. The cumulative remittance figure from July 2024 through May 2025 reached $34.9 billion, marking an impressive 28.8% growth compared to the preceding fiscal year. This financial flow directly supports countless Pakistani families while strengthening the domestic economy. Understanding Both Currencies Saudi Arabia's official currency, the Saudi Riyal, consists of 100 smaller units called halala. The Saudi Central Bank maintains the currency's value through a fixed exchange rate system pegged to the US dollar, ensuring stability for international transactions and trade relationships. This dollar-peg mechanism makes the Riyal particularly attractive for remittance purposes and commercial dealings, especially for Pakistani nationals working in the Kingdom.Pakistan's currency, the Pakistani Rupee (symbolized as ₨), has served as the country's official monetary unit since 1948. The State Bank of Pakistan oversees its management through a managed floating exchange rate system, where the currency's value responds to various economic factors including inflation rates, international trade balances, and remittance inflows. The SAR-PKR exchange rate dynamics reflect these underlying market forces and economic relationships. Market Outlook and Future Considerations Today's Saudi Riyal movement to Rs75.46 represents natural market adjustments within the broader context of Pakistan-Saudi economic relations. The decline suggests ongoing market corrections while maintaining the fundamental strength derived from consistent remittance flows and bilateral commercial activities.Financial market participants and economic policymakers should continue monitoring these exchange rate movements, as they directly influence remittance values, import pricing, and broader economic planning initiatives. For millions of Pakistani workers and their families, the Saudi Riyal's reliable performance continues serving as a crucial economic support mechanism, reinforcing its integral role in Pakistan's financial stability framework.Data Sources: State Bank of Pakistan, Forex Association of Pakistan

KARACHI, Pakistan – As of Tuesday, July 29, 2025, the Pakistani Rupee (PKR) demonstrated a significant appreciation against the US Dollar (USD) in the interbank market. The currency closed at PKR 283.05 per USD, surging by 40 paisa or 0.14% from the previous day's rate of PKR 283.45. USD to PKR- Daily Updates The day’s trading saw the PKR fluctuate, hitting an intraday high (bid) of 283.3 and a low (ask) of 286.0, reflecting a positive market trend.In the open market, exchange companies set the US Dollar at PKR 283.20 for buying and PKR 286.10 for selling. The PKR’s movement against other currencies was mixed: it declined by 80.50 paisa or 0.23% against the Euro (EUR) to 347.23, rose by 25 paisa or 0.07% against the British Pound (GBP) to 377.85, and dipped by 37.00 paisa or 0.10% against the Swiss Franc (CHF) to 364.56. The PKR edged up by 0.01 paisa or 0.01% against the Japanese Yen (JPY) to 1.9707, fell by 2.90 paisa or 0.07% against the Chinese Yuan (CNY) to 39.96, gained 2.00 paisa or 0.03% against the Saudi Riyal (SAR) to 76.09, and increased by 1.85 paisa or 0.02% against the UAE Dirham (AED) to 77.67.The money market remained stable, with the 6-month Karachi Interbank Bid and Offer rates holding at 10.72% and 10.97%, respectively. Year-to-date, the PKR has depreciated by 6.92 rupees or 2.44%, while the current fiscal year decline stands at 11.59 paisa or 0.04%, with today’s rise marking a notable shift. Ripple Effects on Pakistan and Its People The PKR’s gain against the USD today offers a refreshing boost to Pakistan’s economy and its citizens. Reduced costs for importing essentials like fuel and food could ease inflationary pressures, lifting household purchasing power. Businesses may benefit from lower expenses, potentially stabilizing prices and employment. Remittances hold slightly more value, supporting families reliant on overseas funds. While the government’s debt servicing challenge lingers, this upturn provides a brief economic reprieve, underscored by transparent updates for informed decision-making.The US Dollar (USD), the United States’ currency, remains the cornerstone of global trade. The Pakistani Rupee (PKR), managed by the State Bank of Pakistan, reflects the nation’s economic resilience and market dynamics.

NEW YORK: Deputy Prime Minister (DPM) and Foreign Minister Ishaq Dar has said Pakistan is ready for composite dialogue with India, ARY News reported.Addressing a news conference in New York, he emphasized the dialogue will not be limited to the issue of terrorism alone. He reiterated Pakistan has been the biggest victim of terrorism and noted that the U.S. Secretary of State, in a meeting with him, acknowledged Pakistan's sacrifices in the fight against terrorism.He said during this bilateral meeting, the longstanding Jammu and Kashmir dispute was also raised, emphasizing that permanent peace is not possible in the region without resolution of this dispute. He recalled that the US President Donald Trump had also raised this issue multiple times.As regards Indus Water Treaty, Ishaq Dar said Pakistan's stance is very clear. He said the Indus Water Treaty is binding and no single party can terminate or amend it. He firmly stated that any attempt to divert or block Pakistan’s share of water would be unacceptable.Responding to a question, the Deputy Prime Minister made it clear that Pakistan has no plan to recognize Israel. He demanded immediate ceasefire in Gaza and delivery of humanitarian assistance to the Palestinian people.He reaffirmed Pakistan's unwavering support for the establishment of a sovereign and independent Palestinian state with Al-Quds Al Sharif as its capital.Describing his US visit as successful, the Deputy Prime Minister said Pakistan has also raised voice for reforms in the UN Security Council emphasizing that the OIC should be given due representation in the world body.

ISLAMABAD: The Government of Pakistan has finalized plans to provide 116,000 electric bikes on two-year installment plans under the National Electric Vehicle (NEV) Policy 2025-30, ARY News reported citing sources.According to sources, Prime Minister Shehbaz Sharif is set to announce the new EV policy on Independence Day. The initiative, developed in collaboration with the State Bank of Pakistan and the Bank Association, aims to promote sustainable transportation.Under the scheme, each e-bike and rickshaw will receive a Rs. 50,000 subsidy. The estimated price per electric bike is up to Rs. 250,000, with the remaining amount—over Rs. 200,000—to be paid in installments. Eligible applicants must be aged between 18 and 65 years.Seventeen companies have successfully obtained licenses to manufacture electric bikes, supporting the policy’s goal of achieving 30% electric vehicle adoption by 2030. To ensure the policy’s success, the government has allocated a total subsidy of Rs. 100 billion over five years.This includes Rs. 9 billion for the current fiscal year, Rs. 19 billion for 2027, over Rs. 24 billion for 2028, and more than Rs. 26 billion for 2029. In 2023, approximately Rs. 23 billion was allocated for subsidies.Also read: E-bike scheme in Pakistan: Major updates, including launch unveiledThe policy also sets a target of producing 2.213 million electric vehicles by 2030, marking a significant step toward cleaner and more affordable transportation in Pakistan.Earlier, the Sindh government decided to provide free e-bikes to women to ease their transportation during professional duties.According to details, the Sindh Transport Department proposed a plan to distribute electric bikes to women and requested Rs300 million from the Sindh government.The transport department urged that this amount be allocated outside the regular budget. Rs60,000 per month with CM Punjab Internship Program 2025

KARACHI: Sindh Chief Minister Murad Ali Shah has said that now those taking tests from others would have to pass their test.Chief Minister was speaking at a ceremony in Karachi on Tuesday.He said that licensing teachers is a revolutionary move that will ensure both competence and accountability. "Every teacher has to get the license now", he said.Murad Ali Shah said that in the first test only 650 teachers have been passed from total 4000.He vowed to expand the teachers' license system to the private schools and special education institutions.He said that the teachers have been given status equal to other licensed professionals.Sindh CM reiterated his government's determination to uplift the education system to international standards. He said that an educational standard has been set with introduction of the teachers' merit-based test."The reforms represent the teamwork, harmony and determination," he said.He said that teachers are central to educational reforms, and no reform is possible without them. Mardan board result 2025 announced