Business

ABHI, Unveel.io to offer Earned Wage Access to Ride-hailing & Delivery Drivers in Pakistan and UAE

Published

4 years ago

July 20, 2022

ABHI, a Pakistan-based fintech and Unveel.io, a UAE-based API-Widget are combining their expertise to offer the facility of Earned Wage Access to ride-hailing and delivery drivers in Pakistan and UAE for the first time.

As the world economy struggles to get back on the rails, this comes as a ray of hope for workers. Hundreds of thousands of workers who were previously at the mercy of pay cycles over which they had no control are now better placed to manage the ongoing cost-of-living crisis, thanks to the combined efforts of Unveel.io, an acknowledged expert in API payroll data, and ABHI, whose Earned Wage Access solutions have placed them at the head of their field.

These two companies ensure that workers will now be able to access their earnings in real-time and be paid for their services on the same day, rather than be paid after a whole month. This will allow them to be in more control of their finances and lead a more productive and stress-free life.

Max Moscicki, Vice President of Unveel.io, said:

“Our philosophy is that once you have earned something, you should have access to it right away, and Unveel’s real-time data enables that. Anything else is basically not giving you what you deserve. Having to wait for a distant payday is something that many gig workers cannot comfortably do, nor should they have to.

Ride-hailing drivers and delivery couriers are some of the hardest working people out there, and we think that they deserve straightforward access to the fruits of their labor on their own terms.”

Omair Ansari, CEO, and Co-founder of ABHI, said:

“Employees should no longer have to feel ashamed to ask for the money they rightly deserve. Through our Earned Wage Access product, people can acquire their earnings instantly, which we believe is a basic human right. We are thrilled to partner with Unveel.io and believe that this partnership will open newer avenues to financially empower working individuals, enabling them to live a happier, healthier, and more productive life.”

About Unveel:

An acknowledged expert in API payroll data based in UAE, which gives you real-time income and work history data for 65 million gig workers around the world. With a secure gig platform infrastructure to enable seamless access to financial and employment data across 150+ countries, their coverage is growing monthly and they are continually adding and testing the latest gig platforms.

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Gold

Today’s gold rates in Pakistan – June 27, 2026

Published

4 hours ago

June 27, 2026

Web Desk

KARACHI – On June 27, 2026, gold prices in Pakistan decreased, following the downward trend in international markets.

According to the Saraffa Association, the price of 24-karat gold per tola decreased to Rs 434,500 after a fall of Rs 1500, while the rate for 10 grams was Rs 372,520.

**Today’s Gold and Silver Rates in Major Cities**
City	Gold Rate	Silver Rate
Karachi	PKR 434,500	PKR 3,830
Lahore	PKR 434,550	PKR 3,830
Islamabad	PKR 434,600	PKR 3,830
Peshawar	PKR 434,650	PKR 3,830
Quetta	PKR 434,700	PKR 3,830
Sialkot	PKR 434,500	PKR 3,830
Hyderabad	PKR 434,500	PKR 3,830
Faisalabad	PKR 434,500	PKR 3,830
Multan	PKR 434,500	PKR 3,830

Note: It is pertinent to mention here that Upfront News in no way claims these rates to be accurate at all times, as the prices can continuously vary.

Forex

Today’s currency exchange rates in Pakistan – June 27, 2026

Published

4 hours ago

June 27, 2026

Web Desk

KARACHI – Foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, Euro, and other currencies in Pakistan open market on June 27, 2026. The US Dollar’s buying rate stands at Rs 279.05, and the selling rate at Rs 279.3.

Several other currencies, which include the Australian Dollar (AUD), Canadian Dollar (CAD), Chinese Yuan (CNY), Danish Krone (DKK), Japanese Yen (JPY), Kuwaiti Dinar (KWD), Malaysian Ringgit (MYR), New Zealand Dollar (NZD), and Swiss Franc (CHF), showed no significant change in their rates compared to the previous update.

Currency	Symbol	Buying	Selling	Charts
Australian Dollar	AUD	193.37	196.95	📊
Bahrain Dinar	BHD	737.16	747.75	📊
Canadian Dollar	CAD	197.52	201.17	📊
China Yuan	CNY	38.1	38.85	📊
Danish Krone	DKK	43.35	43.75	📊
Euro	EUR	318.55	322.17	📊
Hong Kong Dollar	HKD	35.06	36.04	📊
Indian Rupee	INR	2.75	3.05	📊
Japanese Yen	JPY	1.71	1.81	📊
Kuwaiti Dinar	KWD	885.17	895.9	📊
Malaysian Ringgit	MYR	67	67.85	📊
NewZealand $	NZD	157.64	161.65	📊
Norwegians Krone	NOK	27.97	28.27	📊
Omani Riyal	OMR	722.25	732.5	📊
Qatari Riyal	QAR	75.04	75.95	📊
Saudi Riyal	SAR	74.3	74.95	📊
Singapore Dollar	SGD	213.9	217.64	📊
Swedish Korona	SEK	30.25	30.55	📊
Swiss Franc	CHF	342.45	346.2	📊
Thai Bhat	THB	8.5	8.75	📊
U.A.E Dirham	AED	75.9	76.75	📊
UK Pound Sterling	GBP	368.52	372.25	📊
US Dollar	USD	279.05	279.3	📊

Note: The rates may vary due to the continuous fluctuations in the market.

Business

Oil industry alleges OGRA miscalculated latest petroleum prices

Published

19 hours ago

June 26, 2026

Haris Sarfraz Ali

ISLAMABAD: A dispute has emerged between the petroleum industry and the government after oil marketing companies (OMCs) and refineries, alleged that the Oil and Gas Regulatory Authority (OGRA) made errors in calculating the latest reduction in petroleum prices.

According to industry representatives, OGRA did not accurately account for international fuel premiums and Platts benchmark averages during the latest fortnightly price review. They claim the alleged miscalculation resulted in a reduction of nearly Rs45 per litre in the price of high-speed diesel and around Rs11 per litre in petrol beyond what they consider justified.

The OMCs and refineries contend that the regulator failed to fully incorporate prevailing import premiums and benchmark prices used to determine the cost of imported petroleum products, imposing financial losses on the downstream oil sector.

The allegations have intensified tensions between the petroleum industry and the regulator, with industry stakeholders calling for a review of the pricing calculations.

OGRA had not publicly responded to the allegations at the time of filing, and the claims made by OMCs and refineries could not be independently verified.

Meanwhile, reports suggest consumers may receive another reduction in petroleum prices in the next fortnight. According to official sources, OGRA has forwarded a summary to the prime minister proposing a cut of between Rs20 and Rs50 per litre in line with declining international crude oil prices.

The proposed reduction follows last week’s sharp decrease in fuel prices, when the government lowered the prices of petroleum products by as much as Rs74 per litre amid continued weakness in global oil markets.