News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Business & Finance

Pakistan’s October FDI witness yearly increase of over 150pc

Country-wise, China emerged as the top investor in Pakistan in October as it invested $228.7mn.

Updated 17 Nov, 2020 04:57pm

Technology

KSA to provide free Wi-Fi service in Masjid-ul-Haram and Masjid-e-Nabawi

The Communications and Information Technology has started working with telecom officials to implement these measures.

Published 16 Nov, 2020 04:27pm

Business & Finance

India misses ‘fast lane of economic recovery’ without RCEP: Chinese media

The Regional Comprehensive Economic Partnership (RCEP) includes 10 Southeast Asian economies along with China, Japan, South Korea, New Zealand and Australia, with members accounting for around 30 percent of global GDP.

Published 16 Nov, 2020 03:25pm

Business & Finance

Russian delegation arrives in Pakistan to discuss NSGPP

Pakistan and Russia are expected to finalize an agreement to start work on the over $2 billion North-South Gas Pipeline Project (NSGPP) in the first quarter of 2021 calendar year.

Published 16 Nov, 2020 01:52pm

Technology

Xiomi unveils Mi 10T & Mi 10T Pro

Xiaomi's new phone is priced at $489 while the Mi 10T Pro is priced at $ 517.

Published 16 Nov, 2020 01:04pm

Business & Finance

Pakistan’s CCL Pharmaceuticals acquire UAE’s StratHealth Pharma

The acquisition of business by CCL will enhance its footprint to an attractive GCC region along side strengthening its consumer and OTC portfolio, read the company statement.

Published 16 Nov, 2020 12:39pm

Business & Finance

OGRA in contravention with Petroleum Levy Ordinance 1961, Cabinet decision: SSGCL

However, the permissible practices are being discontinued vide issuing the notification of provisional prices for the month of August to November 2020 on 11 November 2020, informed the official.

Published 16 Nov, 2020 12:10pm

Business & Finance

Pakistan urges FATF to scrutinize India in light of ‘irrefutable evidence’

The military spokesperson said that tangible evidence reflects that Indian foreign missions in FATF member countries have always been ‘extensively lobbying’ with hosts prior to FATF meetings to undermine Pakistan’s achievements and create conditions for our grey/ blacklisting.

Published 14 Nov, 2020 04:27pm

Markets

Extravagant wedding: FBR release preliminary report

FBR took notice of the extravagant wedding of the daughter of a prominent Gujranwala industrialist, the video of which went viral on social media.

Published 14 Nov, 2020 02:26pm

Technology

Made in Pakistan Alonna-Ventura respiratory device launched

Back in September, the Drug Regulatory Authority of Pakistan (DRAP) approved the Alsons, becoming the second company for the production of ventilators, as the country seeks to make itself self-sufficient in the manufacturing of PPEs and other related equipment required to curb the COVID pandemic.

Published 14 Nov, 2020 01:23pm

Business & Finance

Samba Bank to float Rs5bn TFC to spread operations

It is pertinent to mention that Samba Bank is part of the Saudi Financial Group (SFG) that is based in the Kingdom of Saudi Arabia, and has some 40 branches operating in the major cities of Pakistan.

Published 14 Nov, 2020 12:29pm

Business & Finance

PM Khan vows to bring inflation further ‘under control’

The Prime Minister vowed that “InshaAllah, we will bring inflation further under control.”

Published 14 Nov, 2020 11:50am

Business & Finance

FBR adopts measures to mitigate COVID-19 spread

It added that the FBR (HQ) and all its field formations are advised to reduce the staff strength BS-1 to 15 by 50% on a fortnightly rotation basis with effect from 13 November 2020.

Published 14 Nov, 2020 11:35am

Technology

Digital Cooperation Organization consisting of Pakistan, Saudi Arabia established

The Digital Cooperation Organization will include seven countries, including Pakistan, Saudi Arabia, Bahrain, the United Arab Emirates and Egypt, while India has not been included in the seven-nation Digital Cooperation Organization plan.

Published 13 Nov, 2020 04:21pm

Markets

Govt to announce Textile Policy this month: Dawood

Talking about the impact of COVID-19 outbreak, the advisor said that the government had taken into account the coronavirus factor in the new policy and will make changes accordingly with the arrival of vaccine.

Updated 13 Nov, 2020 03:24pm

Business & Finance

As deadline nears, FBR launches Maloomat Tax-Ray app

The information provided by this Application will help the taxpayers in filing their annual tax returns correctly.

Published 13 Nov, 2020 02:04pm

Technology

PM directs to finalize incentive package for special technology zones

The Prime Minister said that Pakistan has a lot of talent in the IT sector, and was of the view that this talent in the IT sector needs to be nurtured.

Published 13 Nov, 2020 12:04pm

Business & Finance

SBP blocks payment for subscribing to India’s Zee5

The SBP says the ban was imposed at the behest of the federal government.

Published 13 Nov, 2020 11:28am

Business & Finance

What are the Naya Pakistan Certificates?

Alongside the Roshan Digital Accounts (RDAs)- the first initiative of its kind by the State Bank of Pakistan (SBP), the PM was of the view that the initiative of Naya Pakistan Certificates would add further value to the RDA.

Published 13 Nov, 2020 10:55am

Business & Finance

PPL initiates crude oil production from well discovered in Ziarat

Back in September, PPL disclosed the discovery of crude oil from the above exploratory well in the Ziarat block, which is the first-ever discovery of crude oil in Chiltan and Moro / MughalKot formations in the province of Balochistan.

Published 13 Nov, 2020 10:32am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 27	277.03
USD PKR Interbank Buying / Nov 27	277.83
USD to Japanese Yen / Nov 27	151.96
USD to Swiss Franc / Nov 27	0.88
Pound Sterling to USD / Nov 27	1.26
Euro to USD / Nov 27	1.05

Stock	Volume
S&P 500 / Nov 26	6,021.63
Nasdaq / Nov 26	19,175.58
Dow Jones / Nov 26	44,860.31
India Sensex / Nov 27	80,416.35
Tokyo Nikkei / Nov 27	38,134.97
Hang Seng / Nov 27	19,595.16
FTSE 100 / Nov 27	8,261.85
Germany DAX 30 / Nov 27	19,236.54

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 26	17,685
Gold 10 Grams PKR / Nov 26	239,716
Crude Oil USD/Barrel / Nov 27	69.12
Gold Spot USD/Ounce / Nov 27	2,647.32
Cotton US¢/pound / Nov 27	71.71
Petrol/Litre / Nov 28	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 28 786 Investments Limited(786)	6.48 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 28 Al-Abbas Sugar Mills Limited(AABS)	610.84 ▼ 0.00 (0.00%)
Agro Allianz / Nov 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 28 Ali Asghar Textile Mills Limited(AATM)	68.52 ▼ 0.00 (0.00%)
Allied Bank / Nov 28 Allied Bank Limited(ABL)	125.50 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 28 Abbott Laboratories (Pakistan) Limited(ABOT)	917.87 ▼ 0.00 (0.00%)
Abson Ind. / Nov 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 28 Alfalah Consumer Index ETF.(ACIETF)	11.82 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 28 786 Investments Limited(786)	6.48 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 28 Al-Abbas Sugar Mills Limited(AABS)	610.84 ▲ 0.00 (0.00%)
Agro Allianz / Nov 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 28 Ali Asghar Textile Mills Limited(AATM)	68.52 ▲ 0.00 (0.00%)
Allied Bank / Nov 28 Allied Bank Limited(ABL)	125.50 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 28 Abbott Laboratories (Pakistan) Limited(ABOT)	917.87 ▲ 0.00 (0.00%)
Abson Ind. / Nov 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 28 Alfalah Consumer Index ETF.(ACIETF)	11.82 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 28 K-Electric Limited(KEL)	101,636,133 ▲ 0.00
B.O.Punjab / Nov 28 The Bank of Punjab(BOP)	92,023,190 ▲ 0.00
Hascol Petrol / Nov 28 Hascol Petroleum Limited(HASCOL)	73,320,431 ▲ 0.00
Fauji Foods Ltd / Nov 28 Fauji Foods Limited(FFL)	54,116,789 ▲ 0.00
Sui South Gas / Nov 28 Sui Southern Gas Company Limited(SSGC)	54,088,119 ▲ 0.00
Treet Battery / Nov 28 Treet Battery Limited(TBL)	49,797,748 ▲ 0.00
Pace (Pak) Ltd. / Nov 28 Pace (Pakistan) Limited(PACE)	47,465,434 ▲ 0.00
WorldCall Telecom / Nov 28 Worldcall Telecom Limited(WTL)	44,206,223 ▲ 0.00
Cnergyico PK / Nov 28 Cnergyico PK Limited(CNERGY)	34,058,498 ▲ 0.00

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