News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Business & Finance

Unsold Spectrum: Govt urges to complete consultant hiring process within 60 days

It is expected that the initial report will be ready by December 2020.

Published 12 Nov, 2020 03:27pm

Business & Finance

Pakistan moving in ‘right direction’ says PM as Textile sector revives

MashaAllah the country is moving in the right direction despite the Covid 19 challenge,” tweeted PM Khan while referring to a media report on the revival of the textile sector in the country.

Published 12 Nov, 2020 01:43pm

Markets

PM to launch ‘Naya Pakistan Certificates’ for Overseas Pakistanis

He also said that according to Shariah principles and rules, Islamic certificates are also available, the certificates will be available for a period of 3 months to 5 years.

Published 12 Nov, 2020 12:58pm

Technology

First Female Co-Founder from Pakistan wins Elevate Prize

The foundation launched the Elevate Prize in partnership with MIT Solve. Simultaneously, in response to the COVID-19 crisis, MIT Solve launched a Health & Pandemics Challenge.

Published 12 Nov, 2020 12:10pm

Business & Finance

FBR, NADRA sign MoU to identify tax evaders

This would allow real-time verification of CNICs and associated details.

Published 12 Nov, 2020 11:22am

Business & Finance

Pakistan’s Remittances remain over $2bn for Fifth consecutive month

The SBP informed that a large part of Year on Year increase in October 2020 was sourced from Saudi Arabia (30 percent), United States (16 percent) and United Kingdom (14.6 percent).

Published 12 Nov, 2020 10:39am

Business & Finance

Pakistan Railways announce to resume KCR from Monday

According to the railway administration, the entire journey will cover 60 km with a fare of Rs 50.

Published 11 Nov, 2020 03:01pm

Business & Finance

Pakistan’s export of Remdesivir, COVID related products surges

Back in May, Pakistani pharmaceutical company Ferozsons Laboratories reached an agreement with Gilead Science Inc for the manufacture and sale of Remdesivir in the country.

Published 11 Nov, 2020 02:07pm

Business & Finance

CM Punjab gives the approval to run Green Electric Buses

The Punjab Chief Minister directed to take necessary steps for the operation of electric buses.

Updated 11 Nov, 2020 03:40pm

Business & Finance

Ecommerce & Digital Payment industries set for major growth in Pakistan: Survey

The report draws insights from a regional survey, which polled more than 5,000 consumers in September 2020 in the UAE, Saudi Arabia, Egypt, Jordan, Qatar, Kuwait, Bahrain, and Pakistan.

Published 11 Nov, 2020 11:59am

Business & Finance

Pakistan, China experts discuss CPEC, COVID

Senator Mushahid Hussain Syed termed the Belt and Road Initiative (BRI) as the most important diplomatic and development initiative of the 21st century of which CPEC is a key pillar.

Published 11 Nov, 2020 11:14am

Business & Finance

TPL Properties to build Technology Park in Karachi

The company informed that after the completion of the due diligence process, the company shall execute the Sale Deed and obtain possession within three months of the signing of the Agreement to Sell.

Published 11 Nov, 2020 10:57am

Business & Finance

Railways resumes train operation between Quetta to Chaman

According to railway officials, the Chaman Passenger from Quetta to Chaman was closed on March 24 due to the spread of the Coronavirus.

Published 10 Nov, 2020 03:23pm

Business & Finance

PIA commence Umrah flights to Medina

He said as per arrangement return airfare inclusive of all relevant taxes for economy class from Karachi will be Rs 91,000 and that from other cities would be Rs 96,000.

Published 10 Nov, 2020 02:35pm

Business & Finance

WB urges Pakistan to expand investment in Solar & Wind Energy

WB study was of the view that Pakistan has tremendous potential to generate solar and wind power; utilizing just 0.071 percent of the country’s area for solar photovoltaic (solar PV) power generation would meet Pakistan’s current electricity demand.

Published 10 Nov, 2020 12:59pm

Technology

Apple announce prices of iPhone 12 accessories

The new iPhone charger is priced at $129, or Rs 20,530, which can charge the iPhone as well as the Apple Watch at the same time.

Published 10 Nov, 2020 12:14pm

Business & Finance

PTCL to establish Pakistan’s first Cloud Marketplace

This will be the first of its kind international collaboration, where data is going to be hosted locally in Pakistan with PTCL rated-3 Certified Data Center.

Published 10 Nov, 2020 11:43am

Business & Finance

Habib Rice Products to establish subsidiary co in UAE

“The Subsidiary Company, if allowed to establish, will help promote our drive to secure export business,” the company added.

Published 10 Nov, 2020 11:16am

Business & Finance

FBR takes notice after extravagant wedding video went viral

For the past few days, the extravagant wedding in Lahore is making waves on social media of the daughter of a prominent industrialist, on which the FBR took notice.

Published 10 Nov, 2020 10:52am

Business & Finance

Despite COVID, OGDCL produces 36,221 BPD of oil in 1st quarter

The company contributed around 47 percent, 29 percent, and 36 percent towards the country’s total oil, natural gas, and Liquefied Petroleum Gas (LPG) production respectively during the period under review.

Published 09 Nov, 2020 03:44pm

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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