News stories for Ali Ahmed - Business Recorder

Ali Ahmed

Business & Finance

Experts believe Biden Presidency to benefit Pakistan

Akbar added that with the arrival of Biden the US and China are likely to cooperate to end the ongoing coronavirus pandemic, which would prove beneficial for Pakistan.

Published 09 Nov, 2020 02:31pm

Business & Finance

NEPRA raises electricity rates

As per the NEPRA notification, additional collection from consumers will be taken in the context of the November bill, however, the decision will not apply to K-Electric and lifeline consumers.

Published 09 Nov, 2020 12:49pm

Technology

Introduction of new technologies to quell growing challenge of smog

Malik Amin Aslam said the much-needed technology has been finally launched and being provided to the farmers, which would help them avoid burning of the paddy crop residue and instead convert the residue into organic fertilizer for boosting fertility of their farmlands.

Published 09 Nov, 2020 12:12pm

Business & Finance

Govt reopens application receiving process for Kamyab Jawan Program

The eligible youths can apply for a loan by visiting the Kamyab Jawan portal kamyabjawan.gov.pk

Published 09 Nov, 2020 11:23am

Business & Finance

UAE’s ADNOC, India’s Adani chemical complex project put on hold amid COVID

The planned location at Mundra located in the western state of Gujarat is owned by India’s multinational conglomerate Adani,

Published 09 Nov, 2020 10:16am

Markets

Erdogan oust central bank chief after lira hits record lows

The Turkish currency, lira, has depreciated since the beginning of the year, falling by a record 30 percent.

Published 07 Nov, 2020 03:50pm

Business & Finance

Bentley announce to go fully electric by 2030

Following the introduction of the first Bentley fully electric model in 2025 - Bentley’s first cradle to grave fully carbon-neutral car - Bentley will exclusively offer plug-in hybrid and electric models only within its range in 2026. By 2030, this will change to battery electric vehicles only.

Published 07 Nov, 2020 02:48pm

Business & Finance

MoC to hold consultative meeting with plastic industry

The upcoming meeting comes at the backdrop of a meeting held in August 2020 on the 3-year Tariff Road Map, in which the Commerce Ministry had decided to start deliberations on long-term tariff policy for all sectors like plastics, engineering, pharmaceuticals, textiles, etc.

Updated 07 Nov, 2020 06:43pm

Business & Finance

Pakistan calls for investment in infrastructure to battle against COVID-19

Akram also urged that all measures need to be translated into action.

Updated 07 Nov, 2020 06:46pm

Markets

All-cargo air service launched linking ASEAN, China & Pakistan

As per Chinese media, some two to four flights will run on the route on a weekly basis.

Published 07 Nov, 2020 11:45am

Business & Finance

SBP approves over Rs237bn loans under Rozgar Scheme

Under relief provided to the borrowers, SBP has also allowed around Rs199.9bn for restructuring/ rescheduling.

Published 06 Nov, 2020 04:04pm

Technology

Super Mario, Pokemon creator profits soar amid COVID pandemic

Lockdowns were imposed around the world to prevent the spread of the coronavirus, which lead people to remain at home and resort to video games to quell their boredom.

Published 06 Nov, 2020 02:55pm

Business & Finance

Denmark envoy to Pakistan proposes to set up joint energy platform

The platform would allow Danish companies to closely follow developments in the field of renewable energy and they could participate in the competitive process of renewable energy projects in Pakistan.

Published 06 Nov, 2020 02:30pm

Business & Finance

KSA allows all airlines to bring Umrah and visit visa passengers

The Saudi General Authority for Civil Aviation has issued formal orders for permission to all airlines.

Published 06 Nov, 2020 12:38pm

Technology

WhatsApp lauches disappearing messages feature

Note that Facebook has introduced a similar feature before, while Snapchat was the first to provide this option to users.

Published 06 Nov, 2020 11:55am

Business & Finance

Pakistan Customs launch its first trade facilitation program

The program is expected to facilitate traders and improve ease of doing business.

Published 06 Nov, 2020 11:42am

Business & Finance

End of ‘kafala system’ to benefit Pakistani workers in KSA

The ministry aims to certify the contracts of all foreign workers by the end of the first quarter of 2021.

Published 06 Nov, 2020 10:49am

Markets

Pakistan urges Bangladeshi investors to enjoy CPEC advantage

Imran Siddiqui urged Bangladeshi entrepreneurs to invest in Pakistan, while requesting Bangladeshi industrialists to import various industrial raw materials and textiles from Pakistan.

Updated 05 Nov, 2020 04:39pm

Business & Finance

CPEC: China says $25bn invested in Pakistan since project launch

The spokesperson said that the Belt and Road Initiative (BRI) cooperation projects, including the CPEC, are open ones.

Updated 06 Nov, 2020 09:13pm

Business & Finance

USF awards contracts to Zong 4G for providing network coverage in remote areas

The contracts were signed by Haaris Mahmood Chaudhary, CEO, USF with Wang Hua, Chairman and CEO, Zong 4G.

Updated 06 Nov, 2020 09:12pm

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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