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Abu Dhabi

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

World

Dubai airport limits arriving flights amid storm backlog

DUBAI: Dubai’s main airport said on Friday it is limiting the number of flights arriving for two days, as it...

Published 19 Apr, 2024 03:12pm

World

Life disrupted in UAE as heavy storms take toll

Flooding has hit many areas of Dubai and Abu Dhabi, the UAE capital, and cut off major roads, snarling traffic and leaving cars stranded

Published 16 Apr, 2024 10:45pm

Markets

Gulf markets climb with oil prices; Abu Dhabi slips

Most stock markets in the Gulf were up in early trading on Thursday as oil prices rose, helped by strong demand in...

Published 14 Mar, 2024 01:42pm

World

WTO talks end with no major win, throwing trade body into ‘crisis’

ABU DHABI: A high-level WTO conference ended Saturday with a temporary extension of an e-commerce moratorium but no...

Published 03 Mar, 2024 02:55am

World

Saudi Arabia denies its minister met with Israeli counterpart

ABU DHABI: Saudi Arabia denied that a meeting had taken place between its commerce minister and his Israeli...

Published 28 Feb, 2024 06:10am

Business & Finance

WTO braces for battles on fisheries, agriculture in UAE talks

ABU DHABI: The world’s trade ministers are set for tough negotiations on Tuesday at a WTO meeting in Abu Dhabi, with...

Published 27 Feb, 2024 11:21am

Markets

Gulf markets end mixed on earnings

DUBAI: Stock markets in the Gulf ended mixed on Thursday, following a slew of upbeat corporate earnings, while...

Published 16 Feb, 2024 06:02am

Business & Finance

Abu Dhabi Dialogue brings under focus issues pertaining to labour mobility, women’s jobs: envoy

ISLAMABAD: Pakistan’s Ambassador to the United Arab Emirates (UAE) Faisal Niaz Tirmizi on Sunday while ...

Published 12 Feb, 2024 06:25am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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