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MD NESPAK visits Azerbaijan for cooperation in developing Karabakh region

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MD NESPAK attending a meeting with Azerbaijani Minister of Economy. Ambassador of Pakistan to Azerbaijan was also present

LAHORE: A two-member delegation from National Engineering Services Pakistan (Pvt.) Limited (NESPAK) led by Managing Director Dr. Tahir Masood visited Baku, Azerbaijan for business appraisal. It was a high profile visit in the wake of rehabilitation of recently liberated areas of Karabakh region in Azerbaijan as there is an opportunity for the Top Pakistani Engineering Consultant to work there and share development efforts of the brotherly nation of Azerbaijan.

During the visit, the delegation held separate meetings with Mr. Mikayil Jabbarov, the Minister of Economy, Mr. Inam Karimov, the Minister of Agriculture and Mr. Ilgar Isbatov, the Chairman of State Committee on Urban Planning and Architecture of the Republic of Azerbaijan as well as senior officials of the Ministry of Energy and Ministry of Ecology. During the meetings, the delegation made presentations highlighting the expertise of their services in the field of Engineering Consultancy. At the meetings, the hosts appreciated the services and experience of NESPAK in the development sector and showed keen interest to engage NESPAK for upcoming projects in Azerbaijan. Ambassador Bilal Hayee accompanied the delegation during all these meetings and highlighted the ongoing warm relationship between the two countries and also desired to enhance the cooperation in the development sector.

It is worthy to be mentioned here that NESPAK has already been providing top class engineering consultancy services in Oman, Qatar, Saudi Arabia, Nigeria and Sierra Leone and has recently secured a hydropower project in Uzbekistan.

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Gold

Today’s gold rates in Pakistan – July 12, 2026

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KARACHI – On July 12, 2026, gold prices in Pakistan increased, following the upward trend in international markets.

According to the Saraffa Association, the price of 24-karat gold per tola increased to Rs 434,500 after a rise 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.

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Forex

Today’s currency exchange rates in Pakistan – July 12, 2026

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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 July 12, 2026. The US Dollar’s buying rate stands at Rs 279, and the selling rate at Rs 279.15.

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 193.84 197.25 📊
🇧🇭 Bahrain Dinar BHD 740.61 750.9 📊
🇨🇦 Canadian Dollar CAD 197.27 200.25 📊
🇨🇳 China Yuan CNY 38 38.75 📊
🇩🇰 Danish Krone DKK 42.56 43.25 📊
🇪🇺 Euro EUR 319.42 323.5 📊
🇭🇰 Hong Kong Dollar HKD 35.22 36.23 📊
🇮🇳 Indian Rupee INR 2.8 3.15 📊
🇯🇵 Japanese Yen JPY 1.71 1.81 📊
🇰🇼 Kuwaiti Dinar KWD 889.43 899.9 📊
🇲🇾 Malaysian Ringgit MYR 67.15 67.95 📊
🇳🇿 NewZealand $ NZD 159 160.75 📊
🇳🇴 Norwegian Krone NOK 27.99 28.29 📊
🇴🇲 Omani Riyal OMR 725.35 735.6 📊
🇶🇦 Qatari Riyal QAR 75.34 76.4 📊
🇸🇦 Saudi Riyal SAR 74.55 75.1 📊
🇸🇬 Singapore Dollar SGD 214.18 217.95 📊
🇸🇪 Swedish Korona SEK 28.25 28.9 📊
🇨🇭 Swiss Franc CHF 343.59 348.25 📊
🇹🇭 Thai Bhat THB 8.55 8.8 📊
🇦🇪 U.A.E Dirham AED 76.2 76.9 📊
🇬🇧 UK Pound Sterling GBP 375.06 378.15 📊
🇺🇸 US Dollar USD 279 279.15 📊

 

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Gold

Today’s gold rates in Pakistan – July 11, 2026

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KARACHI – On July 11, 2026, gold prices in Pakistan increased, following the upward trend in international markets.

According to the Saraffa Association, the price of 24-karat gold per tola increased to Rs 434,500 after a rise 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.

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