News stories for Faiza Virani - Business Recorder

Faiza Virani

Business & Finance

Dubai named among top 5 fintech destinations globally

City also ranks among top 12 Global Financial Centres

Updated about 6 hours ago

Business & Finance

Countries holding largest gold reserves: US, Germany, Italy lead the way

China, India dominate Asian reserves as gold rally continues
Pakistan is 49th on list with 64.7 tonnes as of January 2025

Published 20 Mar, 2025 03:59pm

Business & Finance

Tourism contributes 12% to UAE’s GDP in 2024, surpassing US and Europe

Tourism contributed 12% to the UAE’s gross domestic product (GDP) in 2024, according to new insights compiled within...

Updated 18 Mar, 2025 08:05pm

Business & Finance

Dubai leads global luxury real estate with 147pc growth in five years: report

City tops Prime Real Estate Index (PIRI) in Knight Frank's Wealth Report 2025

Updated 18 Mar, 2025 02:06pm

Business & Finance

Dubai retains top ranking for greenfield FDI projects, attracts $14.24bn in 2024

Main sources of FDI for projects in UAE remain India, US and UK

Updated 12 Mar, 2025 01:12pm

Business & Finance

India ranks 4th in global billionaire wealth, behind US, China, Japan

India currently has 191 billionaires; Pakistan not mentioned on list

Updated 06 Mar, 2025 11:22pm

Life & Style

2024: Pakistanis among top 5 buyers of real estate in Dubai, Indians top list

Property prices are set to rise 5-8% in 2025

Updated 05 Mar, 2025 07:23pm

Perspectives

President Trump’s skewed foreign policy: Zelenskyy vs. Netanyahu

US foreign policy remains vastly disparate regarding both conflicts

Updated 04 Mar, 2025 11:21pm

Life & Style

Saudi Arabia looks to Manhattan’s urban plan for ‘The Line’

Futuristic city to be built vertically, with no streets or cars

Updated 03 Mar, 2025 04:36pm

Life & Style

Riyadh Air set to begin operations end of 2025

Development will allow for tourism expansion

Published 24 Feb, 2025 04:28pm

Life & Style

Dubai International Boat Show 2025 underway as Golden Visa announced for yacht-owners

31st iteration runs from February 19-23

Published 21 Feb, 2025 05:53pm

Pakistan

‘Gift to Karachi’: Gulgee Museum opens in tribute to master artist

Exhibit houses over 170 works, dating back to the 1950s

Updated 20 Feb, 2025 07:49pm

Perspectives

Canada and the Aga Khan IV: partners in pluralism

In an increasingly individualistic, polarised world, Canada has served as a prime example of an open, pluralistic...

Updated 14 Feb, 2025 11:59pm

Life & Style

Dubai sets new record of 18.72 mn international visitors in 2024

Gulf city surpasses previous record of 17.15 mn set in 2023

Updated 10 Feb, 2025 06:40pm

Life & Style

‘Water is the new gold’: Senator Sherry Rehman warns of dire climate consequences at KLF

Senator and climate advocate Sherry Rehman sounded the alarm on the climate crisis as well as the water emergency...

Updated 08 Feb, 2025 11:57pm

Perspectives

US vs. the world: there are no winners in a trade war

Donald Trump’s trade war has begun. Over the weekend Trump unveiled sweeping tariffs on Canada, Mexico and China,...

Updated 04 Feb, 2025 11:08pm

Life & Style

Dubai’s luxury market sets new record for over $10-million home sales

Dubai’s luxury residential market achieved a new record for $10 million-plus home sales, according to recent data...

Published 03 Feb, 2025 05:39pm

Perspectives

Biden’s tenure: Trump-ed in the final hour

One more time, US President-elect Donald Trump has seemingly triumphed where President Joe Biden failed – securing a...

Updated 16 Jan, 2025 11:56pm

Life & Style

$56,000 tuition a year: Dubai to welcome $100mn school campus in August

In another indicator of Dubai’s upward trajectory, one of the world’s largest operators of private schools – GEMS...

Updated 15 Jan, 2025 05:41pm

Life & Style

Pakistani passport fourth-worst in the world: Henley Passport Index

Pakistan is ahead of only Iraq, Syria, Afghanistan; UAE retains top 10 spot

Updated 10 Jan, 2025 08:41pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 24	280.43
USD PKR Interbank Buying / Mar 24	280.23
USD to Japanese Yen / Mar 24	149.74
USD to Swiss Franc / Mar 24	0.88
Pound Sterling to USD / Mar 24	1.29
Euro to USD / Mar 24	1.08
UK LIBOR % / Mar 20	4.96

Stock	Volume
S&P 500 / Mar 21	5,667.56
Nasdaq / Mar 21	17,784.05
Dow Jones / Mar 21	41,985.35
India Sensex / Mar 24	77,793.05
Tokyo Nikkei / Mar 24	37,670.65
Hang Seng / Mar 24	23,618.98
FTSE 100 / Mar 24	8,686.12
Germany DAX 30 / Mar 24	23,046.22
France CAC40 / Mar 24	8,081.33

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	17,285
Gold 10 Grams PKR / Mar 21	273,319
Petrol/Litre / Mar 24	255.63
Crude Oil USD/Barrel / Mar 24	68.22
Gold Spot USD/Ounce / Mar 24	3,018.34
Diesel/Litre / Mar 24	258.64
Cotton US¢/pound / Mar 24	64.92

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Mar 24 Security Investment Bank Limited(SIBL)	7.99 ▲ 1 (14.31%)
Jubilee Spinning / Mar 24 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.81 ▲ 1 (10.19%)
Saritow Spinning / Mar 24 Saritow Spinning Mills Limited(SSML)	19.88 ▲ 1.81 (10.02%)
Diamond Ind. / Mar 24 Diamond Industries Limited(DIIL)	30.76 ▲ 2.8 (10.01%)
Crescent Fib. / Mar 24 Crescent Fibres Limited(CFL)	45.72 ▲ 4.16 (10.01%)
Bela Auto / Mar 24 Bela Automotives Limited(BELA)	183.56 ▲ 16.69 (10%)
East West Ins. / Mar 24 East West Insurance Company Limited(EWIC)	63.02 ▲ 5.73 (10%)
Crescent Cotton / Mar 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5 (10%)
Al-Khair Gadoon / Mar 24 Al-Khair Gadoon Limited(AKGL)	45.10 ▲ 4.1 (10%)
Imperial Limited / Mar 24 Imperial Limited(IML)	18.70 ▲ 1.7 (10%)

Stock	Price
Jubile Life InsXD / Mar 24 Jubilee Life Insurance Company Limited(JLICL)	148.10 ▼ -19.22 (-11.49%)
Pakgen Power / Mar 24 Pakgen Power Limited(PKGP)	112.97 ▼ -12.55 (-10%)
Bunnys Limited / Mar 24 Bunnys Limited(BNL)	20.85 ▼ -2.31 (-9.97%)
TPL Life Insur. / Mar 24 TPL Life Insurance Limited(TPLL)	60.76 ▼ -6.66 (-9.88%)
JS Global Banking / Mar 24 JS Global Banking Sector (ETF)(JSGBETF)	18.30 ▼ -2 (-9.85%)
Baba Farid Sugar / Mar 24 Baba Farid Sugar Mills Limited(BAFS)	48.01 ▼ -5.12 (-9.64%)
Cherat Cement / Mar 24 Cherat Cement Company Limited(CHCC)	251.99 ▼ -25.37 (-9.15%)
Shadman Cotton / Mar 24 Shadman Cotton Mills Limited(SHCM)	27.04 ▼ -2.66 (-8.96%)
The Thal Ind.Corp. / Mar 24 The Thal Industries Corporation Limited(TICL)	300.34 ▼ -26.63 (-8.14%)
Noon Sugar / Mar 24 Noon Sugar Mills Limited(NONS)	73.15 ▼ -6.42 (-8.07%)

Stock	Volume
Cnergyico PK / Mar 24 Cnergyico PK Limited(CNERGY)	49,087,352 ▼ -0.04
Pak Elektron / Mar 24 Pak Elektron Limited(PAEL)	28,618,034 ▼ -2.68
Pak Refinery / Mar 24 Pakistan Refinery Limited(PRL)	27,365,824 ▼ -1.29
Fauji Foods Ltd / Mar 24 Fauji Foods Limited(FFL)	26,352,530 ▼ -0.31
B.O.Punjab / Mar 24 The Bank of Punjab(BOP)	18,341,994 ▼ -0.17
TRG Pak Ltd / Mar 24 TRG Pakistan Limited(TRG)	15,522,190 ▲ 1.89
Sui South Gas / Mar 24 Sui Southern Gas Company Limited(SSGC)	14,112,978 ▼ -0.86
Pak Int.Bulk / Mar 24 Pakistan International Bulk Terminal(PIBTL)	11,162,195 ▲ 0.13
WorldCall Telecom / Mar 24 Worldcall Telecom Limited(WTL)	10,676,385 ▼ -0.03
K-Electric Ltd. / Mar 24 K-Electric Limited(KEL)	10,144,462 ▼ -0.09

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