Author: amad

The Kuwaiti Dinar to Pakistani Rupee exchange rate is a critical factor for those involved in international trade, remittances, or foreign investments. As of the 2nd of November, 2023, the interbank exchange rate for 1 Kuwaiti Dinar (KWD) in Pakistan is approximately equal to 913.62 Pakistani Rupees (PKR). It’s important to note that the initial rate provided at the beginning of the business day is subject to fluctuations. The closing interbank exchange rate, which is often used as a reference, will be determined and provided by the State Bank of Pakistan (SBP) at the end of the business day. Therefore,…

In a significant milestone for Asian space exploration, Pakistan has signed an initial cooperation agreement with China to participate in its ambitious lunar base program. The initiative aims to establish a research station on the moon’s south pole, marking a crucial step forward in the exploration of our celestial neighbor. The agreement was formalized during a ceremony attended by Pakistan’s Caretaker Prime Minister, Anwaarul Haq Kakar, and Chinese Premier Li Qiang. The collaboration is set to encompass a wide array of areas, with a particular focus on the engineering and operational aspects of the Chinese lunar base program, as detailed…

The iPhone market in Pakistan continues to flourish, with Apple’s high-end devices maintaining their allure even after several years. Among these, the iPhone 11 remains a popular choice for a specific group of users, ranging from influencers to corporate professionals. Despite the increasing presence of Android devices, iPhones retain their charm. However, iPhones are renowned for their premium price tags, and in countries like Pakistan, where federal regulations impose hefty taxes on these devices, the cost can become a major barrier. With the surging demand for iPhones, even older models like the iPhone 11 are priced at over Rs2 lac,…

Exciting news is on the horizon for Pakistan as it prepares to welcome online payment giants, PayPal and Stripe. This development holds great promise for the country’s freelancers and the IT industry, ushering in a new era of digital transactions and opportunities. For Pakistani consumers, the arrival of PayPal and Stripe is highly anticipated. These platforms will enable millions to send, receive, and hold funds in various currencies, simplifying international transactions and providing a convenient and secure way to engage in e-commerce and online payments. The introduction of these global payment platforms is expected to catalyze the growth of Pakistan’s…

In a significant legal victory for Tesla, the automaker has won its first trial in the United States over allegations that its Autopilot driver-assistance system was responsible for a fatal crash. This verdict comes as Tesla faces multiple lawsuits and federal investigations related to its Autopilot technology. The case was a civil lawsuit filed in Riverside County Superior Court, where it was alleged that the Autopilot system caused a Tesla Model 3 to suddenly veer off a highway, strike a palm tree, and burst into flames. Tragically, the 2019 crash resulted in the death of the Tesla owner, Micah Lee,…

Turkey is making strides to amend its laws regarding crypto-assets in an effort to persuade the Financial Action Task Force (FATF) to remove it from the “grey list” of countries that are deemed to have taken insufficient action against money laundering and terrorist financing. The FATF downgraded Turkey to the grey list in 2021, and it has since been working diligently to address the concerns raised by the international financial watchdog. In a recent development, Finance Minister Mehmet Simsek addressed a parliamentary commission, acknowledging that a recent FATF report found Turkey to be in full compliance with 39 of the…

The residents of Lahore, Pakistan, are grappling with an air quality crisis as the city grapples with persistent smog. The situation has raised concerns about the well-being of citizens, particularly school-going children. While there were discussions about declaring an extra weekly holiday for schools to mitigate exposure to hazardous air, the caretaker Punjab government has opted against it. Earlier, there was a proposal on the table to temporarily close schools and markets on Wednesdays, providing some relief from the hazardous air. However, this proposition was set aside as a result of an improvement in the Air Quality Index (AQI) following…

Cricketing legend and former English cricketer, Michael Vaughan, has sent shockwaves of excitement through the global cricketing community with his bold prediction. Vaughan envisions a potential clash of titans in the semi-finals of the highly anticipated ODI World Cup 2023. The spotlight of this cricketing spectacle? Arch-rivals Pakistan and India, set to face off in the historic and iconic setting of Kolkata. The very thought of a Pakistan-India semi-final is enough to set hearts racing in both nations. This rivalry is more than a sporting contest; it’s a historic saga, a clash of cultures, and a test of nerves. Matches…

Cricket enthusiasts and language aficionados have reason to celebrate as Collins English Dictionary has officially embraced a new term into its lexicon: “Bazball.” The inclusion of Bazball signifies its status as a noun, denoting an aggressive style of batting in the elegant and time-honored game of cricket. In its defining entry, Collins English Dictionary describes Bazball as “a style of test cricket in which the batting side attempts to gain the initiative by playing in a highly aggressive manner.” This recognition is more than a linguistic evolution; it echoes the profound impact that Brendon McCullum, one of cricket’s modern greats,…

Caretaker Finance Minister Shamshad Akhtar, addressing the 2nd Pakistan Climate Conference on November 1, revealed that Pakistan faces a monumental challenge when it comes to addressing climate-related issues. The staggering estimate is that the country would need an investment of approximately $340 billion, which translates to about 10 percent of Pakistan’s cumulative GDP. This number highlights the magnitude of the climate crisis Pakistan is confronting. “One of the biggest challenges we have internationally is the issue of trade-offs between climate finance and developmental finance,” Minister Akhtar emphasized. This dilemma underscores the complex choices that nations face in balancing climate action…