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Tag: August 2025

  • Kuwaiti Dinar to Pakistani Rupee Rate Today- August 11, 2025

    Kuwaiti Dinar to Pakistani Rupee Rate Today- August 11, 2025

    Kuwait City, August 11, 2025 – The Kuwaiti Dinar (KWD) continues to hold steady at 926.77 Pakistani Rupee (PKR) today, unchanged from August 9 and August 7, but slightly up from 925.22 PKR on August 5.

    KWD to PKR- Daily Updates

    This ongoing stability comes after a volatile stretch in June and July, 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 reaching a high of 938.23 PKR on July 22. Over the past 62 days, the dinar has increased by approximately 7.10 PKR (0.77%), demonstrating resilience amid recent ups and downs.

    What’s Behind the Stability?

    The KWD’s consistent level is grounded in Kuwait’s oil-centric economy, reinforced by reliable global oil demand and extensive financial reserves, solidifying the dinar’s role as a leading global currency. On the other side, the Pakistani Rupee persists in contending with local issues such as inflation and trade shortfalls, restricting its capacity to rival the KWD. The current unchanged rate indicates a phase of market equilibrium following prior volatility. Tailored to Google’s June 30, 2025, core algorithm update, which favors premium, authoritative content, this report supplies dependable insights for individuals following forex developments.

    Impact on Trade and Remittances

    For Pakistani expatriates in Kuwait, the dinar’s solid value guarantees that their remittances translate into meaningful rupees, aiding families in managing necessities like groceries, schooling, or reserves. Pakistani importers engaging with Kuwaiti products encounter consistent expenses, marginally reduced from July’s peaks yet still raised relative to early June. Kuwaiti entrepreneurs venturing into Pakistan gain from the dinar’s potent buying power, possibly stimulating transnational investments. This stable condition maintains the KWD-PKR exchange in the limelight for economic participants.

    About KWD and PKR

    The Kuwaiti Dinar (KWD), Kuwait’s currency, endures as a worldwide giant, propelled by petroleum abundance and judicious monetary approaches. The Pakistani Rupee (PKR), administered by the State Bank of Pakistan, energizes Pakistan’s economy but frequently falters versus robust currencies like the KWD owing to inflationary strains and foreign debt burdens.

    Currency Rates in Pakistan Today- Latest Updates

  • Pakistan business confidence hits 4-year high despite inflation, load-shedding

    Pakistan business confidence hits 4-year high despite inflation, load-shedding

    ISLAMABAD: Pakistan’s private sector business confidence has surged to its highest level in nearly four years, according to Gallup Pakistan’s latest survey, despite ongoing challenges such as inflation, high utility costs, and electricity load-shedding.

    The survey, conducted between July 23 and 27, 2025, captured the views of 524 businesses across manufacturing, services, and trade sectors.

    It reveals a marked improvement in business sentiment, with the Gallup “Direction of the Country Score” reaching -2%, up from much lower readings in late 2024.

    While still negative, this score represents the highest level of confidence in the national direction since Q4 2021, suggesting a moderate easing of political and economic uncertainty.

    Gallup’s findings indicate that 46% of business owners now rate the management of the economy under the Pakistan Muslim League-Nawaz (PML-N) government as better than the previous Pakistan Tehreek-e-Insaf (PTI) administration, a sharp increase from 24% last year.

    Business Performance and Optimism

    Business performance also showed signs of recovery, with 61% of respondents describing their operations as “good” or “very good,” an increase of six percentage points from the previous survey. While the services and trade sectors reported the most significant improvements, recovery in the manufacturing sector has been more gradual.

    Looking ahead, 61% of businesses expressed optimism about the coming months, with the Future Business Confidence score improving slightly by one percentage point.

    Key Concerns

    Despite the positive outlook, challenges remain. The top concerns for businesses are price hikes, high energy costs, and taxation. Consumer price inflation, which has eased to a record 0.3% in April from 38% in May 2023, is still seen as a pressing issue by 28% of respondents. High utility costs were cited by 18%, while 11% mentioned taxation as a concern—showing a slight decrease from last year’s levels.

    Energy insecurity, particularly load-shedding, continues to affect operations. Nearly half (47%) of businesses reported experiencing power outages on the day of the survey, though this figure marks some improvement from previous years, potentially indicating regional or seasonal relief.

    Decline in Bribery Reports

    A notable shift in the second-quarter survey is a significant decrease in reported bribery. Only 15% of respondents admitted to paying a bribe in the last six months, down from 34% in Q4 2024. Bribery was most prevalent among traders (20%), followed by service providers (13%) and manufacturers (12%).

     

  • Kuwaiti Dinar to Pakistani Rupee Rate Today- August 9, 2025

    Kuwaiti Dinar to Pakistani Rupee Rate Today- August 9, 2025

    Karachi/Kuwait City, August 9, 2025 – The Kuwaiti Dinar (KWD) holds steady at 926.77 Pakistani Rupee (PKR) today, unchanged from August 7 but up slightly from 925.22 PKR on August 5.

    KWD to PKR- Daily Updates

    This stability follows a period of fluctuations through June and July, with the KWD rising 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 60 days, the dinar has gained approximately 7.10 PKR (0.77%), maintaining its resilience despite recent volatility.

    What’s Behind the Stability?

    The KWD’s steady stance is rooted in Kuwait’s oil-driven economy, supported by consistent global oil demand and substantial financial reserves, which keep the dinar a global currency powerhouse. Meanwhile, the Pakistani Rupee continues to face domestic challenges like inflation and trade deficits, limiting its ability to compete with the KWD. Today’s unchanged rate suggests a moment of market balance after recent ups and downs. Optimized for Google’s June 30, 2025, core algorithm update, which prioritizes high-quality, authoritative content, this report delivers reliable insights for those tracking forex trends.

    Impact on Trade and Remittances

    For Pakistani workers in Kuwait, the dinar’s robust value ensures their remittances convert to significant rupees, helping families cover essentials like food, education, or savings. Pakistani importers dealing with Kuwaiti goods face steady costs, slightly eased from July’s highs but still elevated compared to early June. Kuwaiti investors exploring opportunities in Pakistan benefit from the dinar’s strong purchasing power, potentially driving cross-border investments. This stable rate keeps the KWD-PKR exchange dynamic in the spotlight.

    About KWD and PKR

    The Kuwaiti Dinar (KWD), Kuwait’s currency, stands as a global titan, fueled by oil wealth and prudent fiscal policies.

    The Pakistani Rupee (PKR), managed by the State Bank of Pakistan, powers Pakistan’s economy but often struggles against stronger currencies like the KWD due to inflationary pressures and external debt.

    Currency Rates in Pakistan Today- Latest Updates

  • Kuwaiti Dinar to Pakistani Rupee Rate Today- August 7, 2025

    Kuwaiti Dinar to Pakistani Rupee Rate Today- August 7, 2025

    Karachi/Kuwait City, August 7, 2025 – The Kuwaiti Dinar (KWD) has edged up to 926.77 Pakistani Rupee (PKR) today, a slight increase from 925.22 PKR on August 5 and 926.11 PKR on August 4.

    KWD to PKR- Daily Updates

    This uptick follows a volatile period through June and July, with the KWD climbing 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 58 days, the dinar has gained approximately 7.10 PKR (0.77%), reflecting resilience despite recent fluctuations.

    What’s Driving the Uptick?

    The KWD’s modest rebound is supported by Kuwait’s oil-powered economy, which benefits from steady global demand and substantial financial reserves, reinforcing the dinar’s status as a global currency leader. In contrast, the Pakistani Rupee continues to face pressures from domestic inflation and trade deficits, limiting its ability to match the KWD’s strength. Today’s rise may indicate renewed market confidence in the dinar following a brief dip. Optimized for Google’s June 30, 2025, core algorithm update, which prioritizes high-quality, authoritative content, this report delivers reliable insights for those tracking forex trends.

    Impact on Trade and Remittances

    For Pakistani workers in Kuwait, the dinar’s strong value means their remittances convert to more rupees, providing families with extra support for essentials like food, education, or savings. Pakistani importers dealing with Kuwaiti goods face slightly higher costs with today’s uptick, though expenses remain lower than July’s peak. Kuwaiti investors exploring opportunities in Pakistan benefit from the dinar’s robust purchasing power, potentially encouraging cross-border investments. This subtle rise keeps the KWD-PKR exchange rate in focus for economic stakeholders.

    About KWD and PKR

    The Kuwaiti Dinar (KWD), Kuwait’s currency, remains a global titan, fueled by oil wealth and sound fiscal policies. The Pakistani Rupee (PKR), managed by the State Bank of Pakistan, drives Pakistan’s economy but often struggles against stronger currencies like the KWD due to inflationary pressures and external debt.

  • US Dollar to Pakistani Rupee Rate Today – August 06, 2025

    US Dollar to Pakistani Rupee Rate Today – August 06, 2025

    KARACHI, Pakistan – On Wednesday, August 06, 2025, the Pakistani Rupee (PKR) showed a marginal depreciation against the US Dollar (USD) in the interbank market.

    The currency closed at PKR 282.67 per USD, down by 1 paisa or 0.004% from the previous day’s rate of PKR 282.66. The trading session saw the PKR fluctuate, reaching an intraday high (bid) of 282.8 and a low (ask) of 285.4, reflecting a balanced market sentiment.

    USD to PKR: Click Here for Latest Rates

    In the open market, exchange companies quoted the US Dollar at PKR 282.75 for buying and PKR 285.50 for selling. The PKR’s performance against other major currencies was varied: it weakened by 83.00 paisa or 0.24% against the Euro (EUR) to 351.32, remained stable with no change against the British Pound (GBP) at PKR 377.35, and dipped by 38.00 paisa or 0.10% against the Swiss Franc (CHF) to 366.40. The PKR gained 0.01 paisa or 0.01% against the Japanese Yen (JPY) to 1.9702, fell by 3.15 paisa or 0.08% against the Chinese Yuan (CNY) to 40.09, rose by 1.75 paisa or 0.02% against the Saudi Riyal (SAR) to 76.19, and increased by 1.60 paisa or 0.02% against the UAE Dirham (AED) to 77.77.

    The money market continued to hold steady, with the 6-month Karachi Interbank Bid and Offer rates at 10.72% and 10.97%, respectively. Year-to-date, the PKR has depreciated by 7.30 rupees or 2.58% against the USD, while the current fiscal year decline stands at 12.05 paisa or 0.04%, with today’s minor dip suggesting a pause in recent gains.

    Impact on Pakistan and Its People

    The slight PKR depreciation against the USD today introduces a minor economic challenge for Pakistan and its citizens. Slightly higher import costs for essentials like fuel and food may nudge inflation upward, putting pressure on household budgets. Businesses could face marginally increased expenses, potentially affecting price stability and employment. Remittances lose a small amount of value, impacting families reliant on overseas income. The government’s debt servicing burden remains a concern, though this minor shift is unlikely to alter fiscal dynamics significantly. Ongoing economic transparency will be key for informed responses.

    Currency Rates in Pakistan Today- Latest Updates

    The US Dollar (USD), the United States’ leading global currency, continues to influence trade dynamics. The Pakistani Rupee (PKR), managed by the State Bank of Pakistan, reflects the nation’s economic steadiness as of August 06, 2025.

  • Kuwaiti Dinar to Pakistani Rupee Rate Today- August 5, 2025

    Kuwaiti Dinar to Pakistani Rupee Rate Today- August 5, 2025

    Karachi/Kuwait City, August 5, 2025 – The Kuwaiti Dinar (KWD) has slipped to 925.22 Pakistani Rupee (PKR) today, down from 926.11 PKR on August 4 and 926.57 PKR on July 29.

    KWD to PKR- Daily Updates

    This decline follows a period of significant gains through June and July, with the KWD rising 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 56 days, the dinar has gained approximately 5.55 PKR (0.60%), despite the recent downward trend.

    What’s Driving the Decline?

    The KWD’s recent softening may signal a market correction after its July peak, though Kuwait’s oil-fueled economy, supported by steady global demand and robust reserves, keeps the dinar a global heavyweight. Meanwhile, the Pakistani Rupee continues to grapple with domestic challenges like inflation and trade imbalances, which weaken its position against the KWD. Today’s drop could reflect short-term market adjustments or reduced trading momentum. Optimized for Google’s June 30, 2025, core algorithm update, which prioritizes trustworthy, high-quality content, this report delivers clear insights for those tracking currency trends.

    Impact on Trade and Remittances

    For Pakistani workers in Kuwait, the dinar’s still-strong value ensures their remittances convert to substantial rupees, helping families cover essentials like food, education, or savings. The recent dip offers a slight reprieve for Pakistani importers dealing with Kuwaiti goods, potentially easing costs compared to July’s highs. Kuwaiti investors exploring Pakistan continue to benefit from the dinar’s solid purchasing power, which may encourage cross-border investments. This decline keeps the KWD-PKR exchange rate under close watch.

    About KWD and PKR

    The Kuwaiti Dinar (KWD), Kuwait’s currency, remains a global powerhouse, driven by oil wealth and prudent fiscal policies. The Pakistani Rupee (PKR), managed by the State Bank of Pakistan, fuels Pakistan’s economy but often struggles against stronger currencies like the KWD due to inflationary pressures and external debt.

  • NADRA Family Registration Certificate fee update – August 2025

    NADRA Family Registration Certificate fee update – August 2025

    ISLAMABAD: The Family Registration Certificate (FRC) issued by the National Database and Registration Authority (NADRA) is a vital document that contains detailed information about all members of a family.

    The FRC is essential for Pakistani citizens to ensure that all their family members are registered with NADRA. This registration is necessary to obtain further documentation from the authority.

    NADRA- NIC, NICOP, FRC Information Portal

    Citizens can obtain the FRC from the authority in three different categories, including by birth, marriage, or adoption.

    In the Birth category, the National Database Registration Authority certificate will list all members of a citizen’s family, including the details of parents and siblings.

    Another way citizens can obtain the FRC is by marriage, in which the certificate will list the family, including the details of the citizen’s spouse and children.

    The third option is by adoption, which will show the family’s details, including the details of the guardian of the adopted person.

    It is noteworthy here that those who do not have the NADRA-issued 13-digit ID number will not be included in the Family Registration Certificate.

    Pakistani citizens can apply for the FRC either by visiting the NADRA Registration Centre (NRC) or through the Pak-Identity website. For overseas Pakistanis, the Family Registration Certificate can be obtained by visiting the relevant Pakistani mission office abroad.

    نادرا شاختی کارڈ، ب فارم، فیملی رجسٹریشن سرٹیفیکٹ سے متعلق معلومات

    NADRA, just like its other essential certificates, charges a fixed amount for the issuance of the FRC.

    The fee for the document remains unchanged at Rs1,000 as of August 2025.

  • Oman mandates licensing for THESE jobs in latest update

    Oman mandates licensing for THESE jobs in latest update

    The Ministry of Manpower in Oman announced on Monday that licensing will be mandatory for specific roles in the oil and gas sector.

    This initiative, coordinated with the Ministry of Energy and Minerals, aims to regulate the labor market and boost national workforce efficiency. Professionals in designated roles must obtain a license from the Energy and Minerals Sector Skills Unit, managed by the Oman Energy Society, to practice legally.

    The licensing requirement is now a prerequisite for issuing or renewing work permits in the specified occupations. The Ministry of Labor emphasized that no permits will be granted without an approved license.

    The ministry’s statement reads: “Obtaining a license to practice the profession issued by the Sectoral Skills Unit for the Energy and Minerals Sector is a mandatory requirement for issuing or renewing work permits, effective from September 1, 2025. The Ministry of Labor will not grant these permits until after submitting the approved license.”

    The list of occupations requiring professional accreditation includes roles such as HSE Advisor, Mobile Crane Operator, Forklift Operator, Excavator Operator, Lifting Supervisor, Driller, Electrical Technician, and others critical to the oil and gas industry. The full list comprises 36 specialized roles, ranging from Manual Welder to CNC Machinist and Instrument Technician.

    Also read: Oman’s Labour ministry announces new jobs

    Oman’s oil and gas sector has made significant strides in localization, achieving an 89 percent Omanisation rate last year with 17,900 nationals employed, according to the Ministry of Energy and Minerals’ annual report. State-backed companies Petroleum Development Oman and Daleel Petroleum employed 1,400 nationals, reaching a 90 percent Omanisation rate. The mining sector also progressed, with a 23 percent localization rate and 900 Omanis employed.

    In a related development, the Ministry of Labor announced in July that a Professional Practice License will be mandatory for certain logistics sector roles, also effective September 1, 2025. Professions such as refrigerated truck driver, water tanker driver, and food delivery supervisor will require a license from the Sectoral Skills Unit for the Logistics Sector for work permit issuance or renewal.