News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Business & Finance

Govt says debt servicing loans remains major fiscal challenge

It was further stated that the provincial surplus of Rs. 255 billion reflects healthy fiscal position of the provinces. The whole scenario transpires better fiscal management.

Published 18 Feb, 2021 10:24am

Business & Finance

Czech companies to visit Pakistan, explore opportunities in power sector

Federal Minister for Energy Omar Ayub Khan has said the government is pursuing robust policies to revamp the petroleum and power sectors of the country.

Published 17 Feb, 2021 03:10pm

Business & Finance

KOHC to set up cement manufacturing plant in Punjab

The cement manufacturer, which produces and sells cement also informed that alongside a cement plant it would also install two power plants i.e. 8-10 megawatt Waste Heat Recovery plant and a 25 MW coal-fired power plant in Khushab Punjab.

Published 17 Feb, 2021 02:04pm

Business & Finance

Egyptian companies keen to invest in Pakistan’s construction, energy sectors

reign Minister Shah Mahmood Qureshi is on a two-day visit to Egypt, the visit is part of Pakistan’s desire to strengthen its ‘economic diplomacy footprint.’

Published 17 Feb, 2021 12:32pm

Business & Finance

IMF deal would attract foreign investment in Pakistan, says Shaikh

The finance minister was of the view that the latest agreement would make Pakistan an attractive destination for international investors and gobal capital markets.

Updated 17 Feb, 2021 04:00pm

Technology

How COVID-19 impacted the Pakistanis search in 2020?

As per the report, Google's search for 'gender equality' by Pakistanis has increased by 40pc in 2020.
The impact of the Corona outbreak on mental health and other psychological issues has led to a 100pc increase in the search for mental health information.

Published 17 Feb, 2021 10:57am

Business & Finance

SBP initiates foreign exchange digitization

Mohammad Ashraf Khan, Managing Director, SBP Banking Services Corporation, said that the payment would be transparent and online.

Published 17 Feb, 2021 10:24am

Technology

PSEB achieves Level 4 in E-Office Implementation

Developed by National Information Technology Board (NITB), the E-Office suite is the automation of core businesses of the government.

Published 16 Feb, 2021 04:05pm

Business & Finance

Govt releases over Rs 476bn under PSDP projects

The total PSDP allocation for ERRA for the year 2020-21 is Rs1.5 billion.

Published 16 Feb, 2021 03:16pm

Technology

Indian hackers spying on Pakistanis using Android malware

The security company Lookout said in a report that two Android malwares, Sunbird and Hornbill, were involved in spying on Pakistani citizens and Indian Muslims.

Published 16 Feb, 2021 11:38am

Technology

Pakistan’s farming solution provider secures funding

The fresh investment will be used by the company to promote its product development and roll-out the first generation of its IoT based intelligent system

Published 16 Feb, 2021 11:00am

Business & Finance

Make-in-Pakistan Policy showing results, says Dawood as LSMI improves

The advisor was of the view that the growth in the industrial output will not only lead to job creation but it will also contribute to increase in our exports.

Published 16 Feb, 2021 10:23am

Technology

PTA receives ISO 9001:2015 certification

ISO 9001:2015 is an internationally recognized standard of consistency and competency using robust quality management systems designed to encourage continuous improvement and enhance customer satisfaction.

Published 15 Feb, 2021 03:51pm

Business & Finance

Govt express satisfaction over multi-billion dollar foreign-funded projects in KP

These thirty projects are being implemented with help of development partners like World Bank, Asian Development Bank, USAID, China, UK, Saudi Fund, Germany, and France.

Published 15 Feb, 2021 03:12pm

Business & Finance

SBP setting up one window portal, informs Kamil

Talking to a private channel, SBP Deputy Governor said that one window portal would be set up soon for the convenience of the people.

Published 15 Feb, 2021 01:40pm

Business & Finance

Pakistan cement manufacturer installs 7.5MW WHRPP to save costs

The company on Monday announced that it has successfully completed the installation and commissioning of a 7.5-megawatt Waste Heat Recovery Power Plant (WHRPP) at its site in Mangowal, district Khushab.

Published 15 Feb, 2021 12:03pm

Business & Finance

Improvement in EODB rankings boost cos registration in Pakistan, says Dawood

“When compared to 2018, companies registration increased by 54pc in 2020. In January 2021, a total of 2,201 companies were registered with SECP which is up by 12pc as compared to the previous month,” he said.

Published 15 Feb, 2021 11:00am

Business & Finance

Pakistan's Sputnik-V vaccine distributor denies agreement with diagnostic centre

“It is hereby clarified that AGP Limited, so far has not entered into a supply agreement with any hospital or Diagnostic Centre (including the Diagnostic Centre in question) for the supply of Sputnik-V vaccine either directly or indirectly in Pakistan,” said the company.

Updated 15 Feb, 2021 01:03pm

Business & Finance

Pakistan’s Workers Remittances exceeded $2bn in Jan 2021

The growth in remittances recorded an increase of 19 percent over January 2020. However, remittances remained slightly lower from December 2020 level of $2.4 billion.

Updated 16 Feb, 2021 09:40am

Business & Finance

FBR aims to generate billions in tax revenue with VAS installation

FBR issued evaluation criteria for selection of one vendor to install the video-analytics solution across all manufacturers of sugar in Pakistan.

Published 13 Feb, 2021 04:18pm

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
Petrol/Litre / Nov 27	248.38
Crude Oil USD/Barrel / Nov 27	69.12
Gold Spot USD/Ounce / Nov 27	2,647.32
Diesel/Litre / Nov 27	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 27 786 Investments Limited(786)	6.48 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 27 Al-Abbas Sugar Mills Limited(AABS)	610.84 ▼ 0.00 (0.00%)
Agro Allianz / Nov 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 27 Ali Asghar Textile Mills Limited(AATM)	68.52 ▼ 0.00 (0.00%)
Allied Bank / Nov 27 Allied Bank Limited(ABL)	125.50 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 27 Abbott Laboratories (Pakistan) Limited(ABOT)	917.87 ▼ 0.00 (0.00%)
Abson Ind. / Nov 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 27 Alfalah Consumer Index ETF.(ACIETF)	11.82 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 27 786 Investments Limited(786)	6.48 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 27 Al-Abbas Sugar Mills Limited(AABS)	610.84 ▲ 0.00 (0.00%)
Agro Allianz / Nov 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 27 Ali Asghar Textile Mills Limited(AATM)	68.52 ▲ 0.00 (0.00%)
Allied Bank / Nov 27 Allied Bank Limited(ABL)	125.50 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 27 Abbott Laboratories (Pakistan) Limited(ABOT)	917.87 ▲ 0.00 (0.00%)
Abson Ind. / Nov 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 27 Alfalah Consumer Index ETF.(ACIETF)	11.82 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 27 K-Electric Limited(KEL)	101,636,133 ▲ 0.00
B.O.Punjab / Nov 27 The Bank of Punjab(BOP)	92,023,190 ▲ 0.00
Hascol Petrol / Nov 27 Hascol Petroleum Limited(HASCOL)	73,320,431 ▲ 0.00
Fauji Foods Ltd / Nov 27 Fauji Foods Limited(FFL)	54,116,789 ▲ 0.00
Sui South Gas / Nov 27 Sui Southern Gas Company Limited(SSGC)	54,088,119 ▲ 0.00
Treet Battery / Nov 27 Treet Battery Limited(TBL)	49,797,748 ▲ 0.00
Pace (Pak) Ltd. / Nov 27 Pace (Pakistan) Limited(PACE)	47,465,434 ▲ 0.00
WorldCall Telecom / Nov 27 Worldcall Telecom Limited(WTL)	44,206,223 ▲ 0.00
Cnergyico PK / Nov 27 Cnergyico PK Limited(CNERGY)	34,058,498 ▲ 0.00

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