News stories for Saleha Riaz - Business Recorder

Saleha Riaz

Technology

At GITEX, Pakistan makes a pitch for investment in its IT sector

DUBAI: Pakistan made its mark on day two of GITEX GLOBAL 2022, dubbed the world’s largest tech show, where the...

Published 12 Oct, 2022 05:46am

Technology

Flying taxi: XPENG X2's first public flight in Dubai 'major breakthrough'

Two-seater eVTOL (electric vertical take-off and landing) flying car is equipped with an intelligent flight control system and autonomous flight capability
XPENG AEROHT official says company wants to produce consumer-focused flying car that can both drive and fly, and its working model will be presented later this month

Published 11 Oct, 2022 08:39pm

Business & Finance

Health insurance: post-pandemic, a Dubai-based company looking to help Pakistani expats

KARACHI: The importance of having health insurance for themselves as well as family back home became painfully...

Updated 28 Sep, 2022 04:36pm

Life & Style

Sumo wrestlers and theatrics: TABŪ makes a mark on Dubai’s food scene

It's not enough to have good food, restaurants need to create a unique atmosphere and experience, explains an F&B expert

Updated 16 Sep, 2022 07:12pm

Pakistan

After failure, you must reset yourself: Airlift's co-founder Ahmed Ayub

At IBA event, startup founders and corporate leaders discuss Pakistan's startup landscape

Published 08 Sep, 2022 10:02pm

Business & Finance

It takes a lot to get a startup off the ground, but certain factors help

Sarmayacar, a VC firm, helps explain the process of fundraising and making an investors’ pitch

Updated 26 Aug, 2022 11:51am

Technology

Co-founder of Spades, a UAE-based payments solution, advises startups against ‘aggressive customer acquisition’

Adnan Haque, the co-founder of a contactless payments solution that is being used at some 200 restaurants in the ...

Updated 17 Aug, 2022 12:58pm

Business & Finance

Dubai-based founder of 3 startups says VC ecosystem in Pakistan will find its footing

Dubai-based Zohare Haider, founder of three startups including a digital agency and a restaurant information...

Updated 11 Aug, 2022 10:44am

Business & Finance

Pakistani startups need to ‘fix their culture’: Munir Mashooqullah

M5 Groupe founder advises startups to set up holding companies abroad to boost investor confidence

Updated 03 Aug, 2022 10:36am

Business & Finance

Financial inclusion of women in Pakistan is a ‘$500mn market opportunity’

Experts from World Bank and Women’s Financial Inclusion Data Partnership during a virtual roundtable say good work being done, but challenges remain

Updated 29 Jul, 2022 11:24pm

Business & Finance

The quite ‘Cool & Cool’ story of Arif Pardesi

If Pakistanis are now more than familiar with the Cool & Cool brand, it is not just because it sponsored cricket...

Updated 27 Jul, 2022 02:43pm

Perspectives

Ms. Marvel: representation aside, the show shines on its own

The series makes for good television, and holds its own against other MCU shows

Updated 15 Jul, 2022 01:30pm

Technology

Posterchild of Pakistan's startups: Airlift announces complete shutdown

Company says it will ensure all of its employees are 'sufficiently protected' with two months of payroll, setting up platform for job placement, and creating support systems for aspiring entrepreneurs

Published 13 Jul, 2022 02:08am

Pakistan

Jones the Grocer: a conversation in Dubai that changed everything

Businessman Yunib Siddiqui went from having no experience in the food and beverage industry to becoming the man...

Updated 06 Jul, 2022 02:40pm

Pakistan

UAE and Dubai’s popularity surges among Pakistanis seeking jobs

The number of Pakistanis that moved to the UAE for employment in 2022 (up to May) has risen by 128% when compared to...

Updated 30 Jun, 2022 09:52am

Pakistan

Dubai wants to be the ultimate destination for education, and Pakistanis can benefit

Dubai’s abundance of international big-name universities offering high quality education, coupled with the UAE’s...

Updated 28 Jun, 2022 10:40am

Business & Finance

UAE’s push to attract talent to get boost with new unemployment insurance

Last month, the UAE announced it will introduce a new mandatory unemployment insurance scheme effective January ...

Updated 20 Jun, 2022 10:53am

Business & Finance

Investing in Dubai, but without a paper involved — literally

KARACHI: On December 12, 2021, Dubai claimed to have become the world’s first government that had made all its...

Updated 15 Jun, 2022 10:13am

Technology

After reporting $13mn funding round in Feb, Truck It In announces 'severance packages'

Announcement points to a larger trend of layoffs within tech startups globally

Published 02 Jun, 2022 02:27pm

Perspectives

Airlift: trouble in startup paradise?

Airlift Technologies, the startup that in August 2021 raised a whopping $85 million in a fundraising round, last ...

Updated 30 May, 2022 03:43pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Cotton US¢/pound / Dec 23	68.96
Petrol/Litre / Dec 24	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

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