ISLAMABAD, Jul 11 (APP):Pakistani Rupee on Tuesday gained Rs 1.24 against the US Dollar (USD) in the interbank trading as it closed at Rs 278.56 against the previous day’s closing of Rs 279.80.
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of dollars in the open market stood at Rs 282 and Rs 284.5 respectively.
The price of the Euro increased by 17 paisa to close at Rs 306.75 against the last day’s closing of Rs 306.58, according to the State Bank of Pakistan (SBP).
The Japanese Yen gained 2 paisa to close at Rs 1.98, whereas an increase of 50 paisa was witnessed in the exchange rate of the British Pound, which traded at Rs 359.01 as compared to its last day’s closing of Rs 358.51.
The exchange rates of the Emirates Dirham and the Saudi Riyal decreased by 33 paisa and 32 paisa to close at Rs 75.84 and Rs 74.26, respectively.
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ISLAMABAD: July 11 - Free food being distributed by Islamabad Crescent Lions Club among the deserving people at Poly Clinic. APP/SAK/MAF/TZD
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RAWALPINDI: July 11 – A person on the way with water bottles filled with drinking water crossing the main busy Murree Road. APP/ADZ/MAF/TZD
ISLAMABAD, Jul 11 (APP): Prime Minister Muhammad Shehbaz Sharif on Tuesday said that as ‘Iron Brothers’ and old friends, Pakistan and China always stood together in difficult times and had extended unflinching support to each other on issues of mutual concern.
The prime minister expressed these views during a meeting with Charge d’affaires of the People’s Republic of China Pang Chunxue, who called on him.
The prime minister felicitated Communist Party of China on its 102nd anniversary and thanked the CPC leadership for its firm support to Pakistan’s sovereignty, integrity and economic development, PM Office Media Wing said in a press release.
Recalling his substantive interactions with President Xi Jinping and more recently with Premier Li Qiang, the prime minister appreciated strong personal commitment of the Chinese leadership for strengthening bilateral ties between the two countries.
Noting the upward trajectory in Pakistan-China ties and deepening economic and financial relationship, the prime minister thanked China for its support for Pakistan’s economic stability and expressed his firm commitment to further deepen development cooperation between the two countries under the rubric of Global Development Initiative and CPEC.
Conveying the best wishes and felicitations of the Chinese government for Pakistan, Pang underscored that Pakistan was an all-weather strategic cooperative partner of China and a time-tested friend.
She highlighted that Chinese government and the Communist Party of China accorded a special place to Pakistan in its neighborhood diplomacy and looked forward to further deepening relationship in all fields of bilateral cooperation.
Thanking the prime minister for his virtual participation in the first High Level Forum on Global Development Initiative (GDI), Chinese Charge d’ Affaires expressed China’s resolve to implement GDI projects in Pakistan as envisaged by the leadership of two countries.
She further underscored that CPEC was a flagship project of the Belt and Road Initiative and that Chinese leadership would continue supporting Pakistan’s efforts for developing CPEC as the high-quality demonstration project of the BRI.
She reiterated that China regarded Pakistan as an important economic partner and would continue its efforts for promoting socio-economic development and financial stability of Pakistan.
ISLAMABAD, Jul 11 (APP):In the heart of the small town of Denure, adjacent to the majestic Karakoram Highway near Gilgit City, a solemn memorial rises, marking an exceptional chapter in history.
Meticulously constructed by the renowned China Bridge and Road Corporation, this tribute stands as a symbol of profound respect and gratitude for the over 140 valiant Chinese workers who made the ultimate sacrifice between 1966 and 1978.
Their unwavering dedication during the construction of the Karakoram Highway played a pivotal role in connecting the remote region of Gilgit-Baltistan to both China and Pakistan, fostering sustainable development for both nations.
This remarkable memorial embodies the indomitable spirit and unwavering resolve of these brave individuals, who selflessly gave their all for a cause greater than themselves.
It serves as a poignant reminder of their unparalleled sacrifices and the indelible mark they left on the history of both nations.
Nestled amidst breathtaking natural beauty, overlooking the magnificent Karakoram Highway, the memorial stands tall, a testament to the triumphs and struggles endured during the construction of this great marvel.
Its design captures the essence of their courageous efforts, meticulously crafted to inspire reverence and contemplation.
Approaching this awe-inspiring structure, visitors are greeted by a sight that leaves them in awe.
The meticulously erected memorial exudes strength and resilience, reflecting the unwavering determination of the workers.
Symbolic elements and intricate carvings pay homage to their valour, encapsulating the profound impact they had on the development of both China and Pakistan.
Within the memorial, a sombre atmosphere prevails, evoking a deep sense of reflection.
Engraved plaques tell the stories of these unsung heroes, recounting their arduous journey and ultimate sacrifice.
Visitors can explore exhibits that vividly document the hardships faced by the workers, the extraordinary feats they accomplished, and the enduring legacy they left behind.
Standing upon this hallowed ground, one cannot help but contemplate the remarkable achievements made possible by the unwavering spirit of collaboration between China and Pakistan.
The memorial serves as a poignant reminder of the enduring bond forged between these two nations, united in their pursuit of progress and prosperity.
More than just a structure, the memorial of over 140 valiant Chinese workers stands as a testament to the power of sacrifice, determination, and friendship.
As the wind whispers through the surrounding mountains, the memories of these extraordinary individuals live on, forever etched in the hearts and minds of those who visit this remarkable site.
ISLAMABAD, Jul 11 (APP): President Dr Arif Alvi on Tuesday underscored the need for skill development, digital inclusion, and financial inclusion of women in Pakistan in order to make them financially self-sufficient.
He stated that women, who constituted almost 50 percent of the country’s population, needed to participate in all sectors of the economy for their economic empowerment.
Women’s and girls’ education is a vital component that contributed to gender equality as well as to the socio-economic development of the country, he added.
The President made these remarks during a meeting with the delegation of Women Business Network, led by Sam Ali Dada, at Aiwan-e-Sadr.
Women Business Network (WBN) is a global network of business professionals and corporate leaders that aims to uplift women for key leadership positions in the industry and create opportunities for their businesses.
During the meeting, the president urged the delegation to increase employment opportunities for women in the private sector, besides establishing linkages with skill development institutions, such as NAVTTC and TEVTA, to provide women with marketable skillsets.
He also emphasized the importance of skill and educational development of women and girls in the fields of Science, Technology, Engineering, and Mathematics (STEM).
The president highlighted the need for projecting the success stories of women to encourage and motivate other women to take part in business and economic activities.
He also called for taking practical and meaningful steps to address gender disparity. He stressed the need for integrating women into the mainstream of economic activities for their financial empowerment.
The delegation briefed the president about the steps being taken by WBN for the socio-economic empowerment of women. He commended the efforts of WBN in providing job opportunities to women and taking steps for their financial inclusion.