Trends - Abu Dhabi - Business Recorder

Abu Dhabi

Binance says Abu Dhabi’s MGX invests $2bn into crypto exchange

Cryptocurrency exchange Binance said on Wednesday Abu Dhabi investment group MGX had invested $2 billion worth of...

Published 12 Mar, 2025 08:37pm

Pakistan

Pakistan, UAE sign five MoUs

ISLAMABAD: Pakistan and the United Arab Emirates on Thursday signed five memoranda of understanding (MoUs) to...

Published 28 Feb, 2025 06:24am

Business & Finance

Pakistan’s Bisconni to setup $30mn biscuit factory in Abu Dhabi

With an eye towards international expansion, Bisconni Middle East Manufacturing, a subsidiary of Pakistan’s largest...

Published 27 Feb, 2025 03:28pm

Pakistan

UAE Crown Prince due today

ISLAMABAD: Crown Prince of Abu Dhabi, Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, will embark on his maiden...

Published 27 Feb, 2025 09:10am

World

UAE’s 2PointZero aims for Abu Dhabi listing this year, says CEO

ABU DHABI: UAE investment platform 2PointZero is targeting a stock market listing in Abu Dhabi this year, CEO Mariam...

Published 26 Feb, 2025 05:29pm

World

Abu Dhabi’s Etihad Airways aims to announce IPO this week

Abu Dhabi’s Etihad Airways aims to announce the launch of a $1 billion initial public offering this week, two...

Published 25 Feb, 2025 03:13pm

Life & Style

Mona Lisa to get dedicated room at Louvre: President Macron

Louvre Abu Dhabi will partially fund renovation of iconic Paris monument

Published 29 Jan, 2025 02:24pm

World

Italy, Albania, UAE sign deal for Adriatic energy link

ABU DHABI: Italy, Albania and the United Arab Emirates (UAE) signed on Wednesday a deal worth at least 1 billion...

Published 15 Jan, 2025 05:47pm

Markets

Abu Dhabi’s ADNOC Gas appoints Fatema Al Nuaimi as new CEO

DUBAI: Abu Dhabi’s ADNOC Gas said on Tuesday that it has appointed Fatema Al Nuaimi as its new chief executive,...

Published 17 Dec, 2024 10:47am

Business & Finance

Walmart to Gulf Royals: world’s richest add $2trn to their wealth in 2024

The owners of US retail chain Walmart – The Walton family – topped Bloomberg’s annual ranking of the world’s...

Published 16 Dec, 2024 04:58pm

Markets

At Gulf bitcoin gathering, Trump family and allies to bask in crypto industry’s euphoria

NEW YORK: Several key players in President-elect Donald Trump’s new cryptocurrency venture head to Abu Dhabi on...

Published 09 Dec, 2024 11:39am

World

UK leader Starmer heads to Gulf to talk trade, Mideast

LONDON: Britain’s leader Keir Starmer makes his first trip to the Gulf as prime minister from Sunday, seeking to...

Published 09 Dec, 2024 06:43am

Life & Style

Dubai: Heineken joint venture set to build Gulf’s first commercial brewery

DUBAI: A Heineken joint venture plans to build the Gulf’s first major commercial brewery in Dubai, the metropolitan...

Published 29 Nov, 2024 04:57pm

Markets

ADIPEC expo in Abu Dhabi: Leading oil, energy firms to take part

ISLAMABAD: Leading companies from Pakistan’s oil and energy sector are set to participate in ADIPEC 2024 in Abu...

Published 05 Nov, 2024 03:30am

Business & Finance

Abu Dhabi firms to launch tokenized US Treasuries fund

NEW YORK: Abu Dhabi firms Realize and Neovision Wealth Management have launched an investment vehicle that will buy...

Published 01 Nov, 2024 06:51am

Markets

Abu Dhabi’s Mubadala picks banks for debut 5-year sukuk sale

Abu Dhabi sovereign wealth fund Mubadala Investment Company has hired banks to arrange investor meetings ahead of...

Published 28 Oct, 2024 11:23am

Pak-UAE JMC meeting today to consider widening ties

ISLAMABAD: United Arab Emirates (UAE) and Pakistan are all set to consider different proposals for future...

Updated 21 Oct, 2024 03:24pm

World

In rare move, UAE accepts Taliban government ambassador

DUBAI: The United Arab Emirates (UAE) has accepted the credentials of an ambassador from Afghanistan’s Taliban...

Updated 23 Aug, 2024 11:32pm

World

Taliban appoints ambassador to UAE for first time since Afghanistan takeover

ISLAMABAD: Afghanistan’s Taliban-led foreign ministry said it has appointed its first accredited ambassador to the...

Updated 22 Aug, 2024 07:04pm

Markets

India’s IOC buys 3mn bbls Oct-loading Murban crude, sources say

SINGAPORE: Indian Oil Corp has purchased 3 million barrels of Abu Dhabi Murban crude for October loading via a...

Published 16 Aug, 2024 11:27am

Business & Finance

Pakistan’s Ismail Industries to set up subsidiary in UAE

Offering a business-friendly environment, the UAE has emerged as the top destination for Pakistani corporations as...

Updated 28 Jun, 2024 10:29pm

Technology

‘Selective’ UAE courting US, not China, on AI: minister

DUBAI: The United Arab Emirates is in “complete alignment” with the US on developing artificial intelligence, the...

Published 12 Jun, 2024 11:04am

Markets

Abu Dhabi hits 2-year low as Gulf bourses drop

DUBAI: Most stock markets in the Gulf slipped on Tuesday amid rising geopolitical tensions in the region, while...

Published 29 May, 2024 06:05am

Business & Finance

UAE-Pakistan Tech Collaboration’s Round Table Session at Abu Dhabi: IT sector top priority of present govt: IT Minister

ISLAMABAD: Minister of State for IT and Telecommunication Shaza Fatima Khawaja has said that Pakistan today is the...

Published 24 May, 2024 06:21am

Life & Style

Abu Dhabi sees first beer made in Arab Gulf

ABU DHABI: Inside his Abu Dhabi gastro pub, Chad McGehee inspects shiny steel tanks fermenting a special brew: the...

Published 14 May, 2024 06:16pm

Markets

Abu Dhabi’s Aldar sell $500mn in 10-year green sukuk

Abu Dhabi’s largest real estate developer Aldar Properties Has launched $500 million in 10-year green sukuk, an...

Published 08 May, 2024 05:07pm

Life & Style

Hollywood actor Ryan Reynolds appointed Yas Island’s Chief Island Officer

Reynolds succeeds Jason Momoa as CIO of the Abu Dhabi destination

Updated 29 Apr, 2024 11:36pm

World

Abu Dhabi developer Aldar posts 88% Q1 profit leap, optimistic on Egypt

DUBAI: Abu Dhabi’s biggest developer, Aldar Properties plans to speed development activity across its markets and is...

Published 29 Apr, 2024 05:32pm

Business & Finance

Abu Dhabi returns to debt markets with $5bn bond sale

ABU DHABI: Abu Dhabi, capital of the United Arab Emirates, on Tuesday launched $5 billion in three-part bonds as it...

Published 24 Apr, 2024 03:50am

Markets

Abu Dhabi starts selling three-part benchmark debt

The Emirate of Abu Dhabi has started selling its triple-tranche benchmark debt, fixed income news service IFR...

Published 23 Apr, 2024 12:56pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 25	280.52
USD PKR Interbank Buying / Mar 25	280.27
USD to Japanese Yen / Mar 25	150.44
USD to Swiss Franc / Mar 25	0.88
Pound Sterling to USD / Mar 25	1.29
Euro to USD / Mar 25	1.08
UK LIBOR % / Mar 25	4.96

Stock	Volume
S&P 500 / Mar 25	5,776.65
India Sensex / Mar 25	78,876.83
Tokyo Nikkei / Mar 25	37,938.34
Nasdaq / Mar 25	18,271.86
Hang Seng / Mar 25	23,409.08
FTSE 100 / Mar 25	8,663.80
Dow Jones / Mar 25	42,587.50
Germany DAX 30 / Mar 25	23,109.79
France CAC40 / Mar 25	8,108.59

Item	Value
Crude Oil USD/Barrel / Mar 25	69.19
Karachi Cotton PKR/37.32 KG / Mar 25	17,085
Gold 10 Grams PKR / Mar 25	272,462
Gold Spot USD/Ounce / Mar 25	3,017.63
Cotton US¢/pound / Mar 25	65.24
Petrol/Litre / Mar 26	255.63
Diesel/Litre / Mar 26	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 26 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	3.01 ▲ 1 (49.75%)
Sec. Inv. Bank / Mar 26 Security Investment Bank Limited(SIBL)	9.99 ▲ 1 (11.12%)
Zephyr Textile / Mar 26 Zephyr Textiles Limited(ZTL)	11.40 ▲ 1.04 (10.04%)
Philip Morris Pak. / Mar 26 Philip Morris (Pakistan) Limited(PMPK)	737.77 ▲ 67.07 (10%)
Leiner Pak Gelat / Mar 26 Leiner Pak Gelatine Limited(LPGL)	110.80 ▲ 10.07 (10%)
East West Ins. / Mar 26 East West Insurance Company Limited(EWIC)	63 ▲ 5.71 (9.97%)
Crescent Fib. / Mar 26 Crescent Fibres Limited(CFL)	45.69 ▲ 4.13 (9.94%)
Hussain Industries / Mar 26 Husein Industries Limited(HUSI)	27.29 ▲ 2.42 (9.73%)
Universal Ins. / Mar 26 The Universal Insurance Company Limited(UVIC)	10.34 ▲ 0.91 (9.65%)
Suhail Jute / Mar 26 Suhail Jute Mills Limited(SUHJ)	99.89 ▲ 7.79 (8.46%)

Stock	Price
Jubilee Spinning / Mar 26 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.64 ▼ -1.13 (-9.6%)
Atlas Ins. Ltd / Mar 26 Atlas Insurance Limited(ATIL)	57.95 ▼ -6.03 (-9.42%)
Pak Gen.Ins. / Mar 26 The Pakistan General Insurance Co. Ltd.(PKGI)	8.34 ▼ -0.79 (-8.65%)
Ali Asghar / Mar 26 Ali Asghar Textile Mills Limited(AATM)	43 ▼ -4 (-8.51%)
Noon Sugar / Mar 26 Noon Sugar Mills Limited(NONS)	73.51 ▼ -6.06 (-7.62%)
PIA Holding Co.B / Mar 26 PIA Holding Company Limited B(PIAHCLB)	900.16 ▼ -71.96 (-7.4%)
Bela Auto / Mar 26 Bela Automotives Limited(BELA)	169 ▼ -12.94 (-7.11%)
UDL International / Mar 26 UDL International Limited(UDLI)	7.11 ▼ -0.53 (-6.94%)
Kohinoor Ind. / Mar 26 Kohinoor Industries Limited(KOIL)	11.68 ▼ -0.86 (-6.86%)
Sanghar Sugar / Mar 26 Sanghar Sugar Mills Limited(SANSM)	47.50 ▼ -3.2 (-6.31%)

Stock	Volume
Pak Elektron / Mar 26 Pak Elektron Limited(PAEL)	23,534,658 ▲ 1.65
TRG Pak Ltd / Mar 26 TRG Pakistan Limited(TRG)	22,825,615 ▼ -1.14
P.S.O. / Mar 26 Pakistan State Oil Company Limited(PSO)	20,169,031 ▼ -3.47
Cnergyico PK / Mar 26 Cnergyico PK Limited(CNERGY)	14,454,846 ▲ 0.06
WorldCall Telecom / Mar 26 Worldcall Telecom Limited(WTL)	12,412,844 ▲ 0
Engro Fert. / Mar 26 Engro Fertilizers Limited(EFERT)	12,360,868 ▲ 1.17
B.O.Punjab / Mar 26 The Bank of Punjab(BOP)	10,207,107 ▲ 0
Sui South Gas / Mar 26 Sui Southern Gas Company Limited(SSGC)	7,601,850 ▼ -0.1
Pak Refinery / Mar 26 Pakistan Refinery Limited(PRL)	7,461,474 ▲ 0.28
Pak Int.Bulk / Mar 26 Pakistan International Bulk Terminal(PIBTL)	7,039,319 ▲ 0.1

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