News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Business & Finance

COVID propels Asia’s real estate giants to invest in property technology

"Change was underway well before 2020, but COVID-19 has heightened the urgency and amplified the risks of inaction."

Published 09 Feb, 2021 03:06pm

Business & Finance

NEPRA to conduct KE Hearing; Electricity price hike in the offing

As per details, KE has requested NEPRA to increase the price of electricity for four months and reduce it for three months for monthly Fuel Charges Adjustments.

Published 09 Feb, 2021 02:16pm

Business & Finance

NBP branches in Bangladesh, Afghanistan to be closed

The meeting was informed that 23 branches of the bank were established in various countries.

Published 09 Feb, 2021 12:40pm

Technology

Just after GameStop frenzy, Reddit raises over $250mn in funding

“We have raised more than $250 million in Series E funding from existing and new investors. We decided that now was the right opportunity to make strategic investments in Reddit including video, advertising, consumer products, and expanding into international markets,” the company announced in a blog post.

Published 09 Feb, 2021 12:16pm

Business & Finance

Tethyan Copper Company legal team to visit Pakistan

the Civil Aviation Authority allowed the legal team to visit Pakistan and at the request of the Attorney General's Office, the Director Air Transport issued the permit.

Published 09 Feb, 2021 10:39am

Business & Finance

GSK Consumer Health Pakistan appoints Farhan Muhammad Haroon as CEO

*The company informed that the incoming Farhan Muhammad Haroon will assume the charge of the company effective 1 April 2021.

Published 08 Feb, 2021 04:58pm

Technology

As WhatsApp slides, Telegram becomes the most downloaded app globally

Recently, the mobile app rating company Sensor Tower released its latest report, according to which the mobile chat application Telegram has gone on to become the most downloaded non-gaming app in the world in the first month of 2021.

Published 08 Feb, 2021 04:14pm

Business & Finance

Eyeing trade potential, MoC to hold ‘Silk Route Connect’ Conference at Uzbekistan

The advisor informed that the conference will be held this year in summer and will be planned by Trade Development Authority of Pakistan (TAP).

Updated 08 Feb, 2021 03:59pm

Business & Finance

PM Khan directs economic team to reduce taxes on imported edible items

Prime Minister also directed the economic team to furnish recommendations to bring down taxes on the imported edible items.

Published 08 Feb, 2021 02:26pm

Technology

These robots can deliver COVID-19 results in 80 minutes

The robot was developed by the Japanese company industrial giant Kawasaki, while the Japanese Minister of Health inspected the robots and obtained details from experts.

Published 08 Feb, 2021 12:54pm

Business & Finance

Punjab govt to build Small, Intermediate dams in the province

These dams will be able to store the most water after Mangla, Tarbela, she said.

Published 08 Feb, 2021 12:11pm

Business & Finance

PSO refutes reports, says not shifting Head Office to Islamabad from Karachi

“Pakistan State Oil would like to refute the news circulating on social media about its head office shifting to Islamabad. We will continue to run our operations from Karachi,” stated PSO in a statement on Monday.

Updated 08 Feb, 2021 12:37pm

Business & Finance

Over Rs 1.7bn profits earned on Diamer Bhasha Dam Fund

More than Rs. 155.7 million has been deposited in this account by four major cellular companies of the country.

Published 08 Feb, 2021 10:32am

Technology

Instagram latest feature allows users retrieve deleted posts

According to details, this new feature of Instagram was rolled out last week to users around the world, which allows users to retrieve deleted posts.

Published 06 Feb, 2021 04:05pm

Business & Finance

Govt to sign new agreement with IPP’s: Hafeez Shaikh

On issues revolving the power sector, he said that "there is a lot of focus on the power sector."

Published 06 Feb, 2021 01:27pm

Business & Finance

ADB funded Oxygen Concentrators handed over to Pakistan

An Oxygen Concentrator is a critical life-saving device used for treating patients suffering from coronavirus infection, birth asphyxia and complicated pneumonia.

Published 06 Feb, 2021 12:02pm

Technology

Facebook Fights ‘Misinformation’ through Third Party Fact Checking

The company defined ‘misinformation’ as false information that is often shared unintentionally.

Published 06 Feb, 2021 10:55am

Business & Finance

Pakistan Exports cross $2bn mark for four consecutive months

This is the first time in the last eight years that exports have crossed the $ 2 billion mark for four consecutive months.
He was briefed that in January 2021, an increasing trend has been witnessed in the export of value-added and non-traditional products.

Published 06 Feb, 2021 10:14am

Technology

TikTok introduces stringent rules for video-sharing

As per the Chinese app, TikTok app will now flag unverified videos in order to prevent the spread of false information on this platform.

Published 05 Feb, 2021 12:27pm

Business & Finance

MARI dividend cap removal will unlock company’s potential, says Analysts

Just days ago, ECC of the Cabinet made this decision of removal of dividend cap to ensure that the divestment transaction generates optimum sale proceeds for the government.

Published 05 Feb, 2021 11:15am

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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