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Microsoft shuts down its operations in Pakistan after 25 years

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LAHORE – Global tech giant ‘Microsoft’ has announced the closure of its operation in Pakistan. The closure of its services marks an end to a 25-year-long era of the company’s time in Pakistan. The employees of the company were later formally notified of the company’s plan to close down.

Microsoft Pakistan’s Founding Country Manager Jawwad Rehman termed the company’s exit as the “end of an era”.  Mr. Jawwad Rehman has been serving as the company’s leading figure for its local efforts for the last seven years. During his time, he helped build teams, provide customer support, and expand the company’s digital infrastructure across Pakistan.

Mr. Rehman remarked that for him, it was only a job but a call to uplift the people of Pakistan along with forming new partnerships, earning the trust of millions, and creating opportunities for Pakistan’s youth.

What did Microsoft do for Pakistan?

During its time in Pakistan, Microsoft established hundreds of computer labs in remote areas. However, Microsoft’s exit occurs at a time when the country is facing significant economic uncertainty and an increasing digital divide. Once viewed as a potential hub for tech investment, Pakistan has witnessed several global companies either reducing their presence or reevaluating their investments in the region.

Earlier in 2022, Microsoft was considering Pakistan a potential candidate for expansion; however, due to the country’s political turmoil, the plans had to be shifted towards Vietnam.

Gold

Today’s gold rates in Pakistan – July 25, 2026

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KARACHI – On July 25, 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 430,500 after a rise of Rs 1300, while the rate for 10 grams was Rs 369,090.

Today’s Gold and Silver Rates in Major Cities
City Gold Rate Silver Rate
Karachi PKR 430,500 PKR 3,830
Lahore PKR 430,550 PKR 3,830
Islamabad PKR 430,600 PKR 3,830
Peshawar PKR 430,650 PKR 3,830
Quetta PKR 430,700 PKR 3,830
Sialkot PKR 430,500 PKR 3,830
Hyderabad PKR 430,500 PKR 3,830
Faisalabad PKR 430,500 PKR 3,830
Multan PKR 430,500 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 25, 2026

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KARACHI – Foreign currency exchange rates for the US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, Euro, and other currencies in the Pakistan open market on July 25, 2026. The US Dollar’s buying rate stands at Rs 278.85, and the selling rate at Rs 278.95.

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 📊
🇦🇺 Australian Dollar AUD 194.44 198.25 📊
🇧🇭 Bahrain Dinar BHD 742.21 752.68 📊
🇨🇦 Canadian Dollar CAD 198.14 201.93 📊
🇨🇳 China Yuan CNY 38.17 38.92 📊
🇩🇰 Danish Krone DKK 42.70 43.37 📊
🇪🇺 Euro EUR 318.99 322.68 📊
🇭🇰 Hong Kong Dollar HKD 35.26 36.26 📊
🇮🇳 Indian Rupee INR 2.75 3.20 📊
🇯🇵 Japanese Yen JPY 1.70 1.80 📊
🇰🇼 Kuwaiti Dinar KWD 891.24 901.75 📊
🇲🇾 Malaysian Ringgit MYR 67.00 68.15 📊
🇳🇿 New Zealand Dollar NZD 160.46 163.25 📊
🇳🇴 Norwegian Krone NOK 28.15 28.50 📊
🇴🇲 Omani Riyal OMR 726.85 737.00 📊
🇶🇦 Qatari Riyal QAR 75.94 75.35 📊
🇸🇦 Saudi Riyal SAR 74.69 75.35 📊
🇸🇬 Singapore Dollar SGD 215.43 219.25 📊
🇸🇪 Swedish Krona SEK 28.38 28.97 📊
🇨🇭 Swiss Franc CHF 340.92 344.37 📊
🇹🇭 Thai Baht THB 8.55 8.90 📊
🇦🇪 U.A.E Dirham AED 76.45 76.95 📊
🇬🇧 UK Pound Sterling GBP 373.28 377.95 📊
🇺🇸 US Dollar USD 278.85 278.95 📊

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Gold

Today’s gold rates in Pakistan – July 24, 2026

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KARACHI – On July 24, 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 429,200 after a fall of Rs 2800, while the rate for 10 grams was Rs 367,980.

Today’s Gold and Silver Rates in Major Cities
City Gold Rate Silver Rate
Karachi PKR 429,200 PKR 3,830
Lahore PKR 429,250 PKR 3,830
Islamabad PKR 429,300 PKR 3,830
Peshawar PKR 429,350 PKR 3,830
Quetta PKR 429,400 PKR 3,830
Sialkot PKR 429,000 PKR 3,830
Hyderabad PKR 429,000 PKR 3,830
Faisalabad PKR 429,000 PKR 3,830
Multan PKR 429,000 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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