Saudi envoy hosts annual iftar dinner in Islamabad

Saudi Ambassador to Pakistan Nawaf bin Said Al-Malki hosts an annual iftar in Islamabad on Tuesday, May 14, 2019 – (Saudi Embassy Twitter)
Updated 15 May 2019
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Saudi envoy hosts annual iftar dinner in Islamabad

  • Top Pakistani officials and diplomats of various countries attend function
  • Pakistan and Saudi Arabia have for decades enjoyed a strong friendship

ISLAMABAD: The Saudi Ambassador to Pakistan, Nawaf bin Said Al-Malki, hosted an annual iftar dinner in Islamabad on Tuesday attended by top Pakistani officials and diplomats of various countries.
Special Assistant to the Prime Minister, Dr. Firdous Ashiq Awan, Religious Affairs Noor-ul-Haq Qadri, and other government officials and diplomats were among those present at the event where guests discussed friendly ties between Pakistan and Saudi Arabia.

Diplomats from Arab countries attend at annual Iftar dinner hosted by the Saudi Ambassador to Islamabad on Tuesday May 14, 2019 – (Saudi Embassy Twitter)


The countries have for decades enjoyed a strong friendship. Earlier this month, Al-Malki inaugurated the Muslim World League’s “Iftar Saem” program, part of an initiative to distribute food packages to fasting Muslims during the holy month of Ramadan.
Under the program, 4,700 food baskets will be distributed across the country. Each year, the Saudi Embassy in Pakistan hands out Ramadan food packages and tons of dates to the needy in various regions and provinces of the country.


What is pulling Pakistan’s currency six feet under?

Updated 23 May 2019
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What is pulling Pakistan’s currency six feet under?

  • Arab News hits the money trade markets to ask what factors are pushing the rupee down
  • Traders, businessmen, and citizens in a state of panic triggered by a dollar frenzy

ISLAMABAD: Pakistan’s rupee reached a new record low this week, selling at 153 against the dollar in the interbank market on Monday, continuing a slide that saw it lose more than 5 percent last week in the wake of a $6 billion loan accord with the International Monetary Fund.
Almost ten days after the new IMF accord, money traders are still uncertain which direction Pakistan’s currency will move. Some expect it will eventually stabilze while others are pessimistic about its future. But most traders, businessmen, and citizens across the country remain in a state of panic triggered by the dollar frenzy. 
Arab News hit the money trade markets in Islamabad to gauge the gravity of the situation and explore prime factors pulling Pakistan’s currency six feet under.