Trends - Addis Ababa - Business Recorder

Addis Ababa

Ethiopian embassy, TDAP to collaborate on single-country exhibition in Addis Ababa

ISLAMABAD: The Embassy of Ethiopia and the Trade Development Authority of Pakistan (TDAP) on Thursday agreed to ...

Published 22 Nov, 2024 03:03am

Business & Finance

Pakistani banks should set up branches in Addis Ababa: envoy

FAISALABAD: Pakistani banks should establish their branches in Addis Ababa to handle business related transactions,...

Published 29 Apr, 2024 04:49am

World

African Union hosts Niger talks as regime sends mixed signals

NIAMEY (Niger): The African Union (AU) on Monday held talks on the Niger crisis as the country’s post-coup rulers...

Published 15 Aug, 2023 06:30am

World

Blinken to meet Ethiopia’s Abiy in bid to renew ties

ADDIS ABABA: US Secretary of State Antony Blinken was set to meet Ethiopia’s Prime Minister Abiy Ahmed on Wednesday...

Published 15 Mar, 2023 12:13pm

Business & Finance

Ethiopia’s envoy urges businesspeople to exploit Africa’s untapped business potential

FAISALABAD: Addis Ababa intends to enhance Pakistani presence in Ethiopian markets and in this connection a special...

Published 20 Feb, 2023 06:26am

World

African Union suspends debate on Israel’s status: diplomats

ADDIS ABABA: The African Union has suspended a debate on whether to withdraw Israel’s accreditation, avoiding a...

Published 07 Feb, 2022 05:22am

Opinion

African Union girds for fight over Israel’s status

The African Union appears set for an internal clash over its relationship with Israel at a summit this weekend, a...

Published 02 Feb, 2022 04:45am

Business & Finance

Ethiopian Airlines to resume 737 MAX flights after 2019 crash

ADDIS ABABA: Ethiopian Airlines is set Tuesday to operate the Boeing 737 MAX for the first time since a crash nearly...

Published 01 Feb, 2022 10:41am

World

Tedros in one-man race to remain at WHO helm

GENEVA: Tedros Adhanom Ghebreyesus, one of the most recognisable figures of the global battle against Covid-19, will...

Published 25 Jan, 2022 10:48am

World

Ethiopian army planning to ‘eliminate’ Tigrayan forces

ADDIS ABABA: Ethiopia’s military is planning to enter the Tigray regional capital of Mekelle and “eliminate”...

Published 23 Jan, 2022 05:17am

World

US concerned over Turkey’s drone sales to conflict-hit Ethiopia

ISTANBUL/ADDIS ABABA: US authorities have taken issue with Turkey over its sales of armed drones to Ethiopia, where...

Published 23 Dec, 2021 04:23am

World

At least 1,000 arrested since Ethiopia state of emergency: UN

GENEVA: The UN voiced alarm on Tuesday at surging arrests in Ethiopia since the country introduced a state of...

Published 17 Nov, 2021 10:18am

World

US urges Americans in Ethiopia to leave 'as soon as possible'

WASHINGTON: The United States on Friday urged Americans in Ethiopia to leave without delay, as fears mount of...

Published 05 Nov, 2021 08:40pm

World

Nile dam deal between Egypt, Ethiopia and Sudan is possible, UN says

The Grand Ethiopian Renaissance Dam (GERD) has drawn the ire of Egypt and Sudan since construction began in 2011, with both fearing for their water resources

Published 09 Jul, 2021 03:20pm

World

Ethiopia resumes filling Nile mega-dam reservoir

CAIRO: Ethiopia has started the second phase of filling the reservoir of its mega-dam on the upper Blue Nile, Egypt...

Published 07 Jul, 2021 04:28am

World

Ethiopians vote in poll overshadowed by Tigray

Observers have pointed out that logistical support usually comes from the military, which is largely tied up Tigray, leaving organisers short on manpower.

Published 21 Jun, 2021 09:44am

World

Covid, conflict and debt hinder Ethiopia's economic reforms

There are signs foreign investors remain upbeat.

Published 16 Jun, 2021 11:22am

World

International airliners in near-miss over DR Congo

KINSHASA: Passenger planes from Portuguese carrier TAP and Ethiopian Airlines were involved in a near-miss over the...

Published 23 May, 2021 03:06am

World

MSF denounces widespread attacks on Tigray clinics

The group said it had visited 106 sites between mid-December and early March, and that around 70 percent had been looted.

Published 15 Mar, 2021 01:24pm

World

UN worries about humanitarian situation in Tigray ahead of Security Council meeting

Grandi, the UNHCR head, visited Ethiopia, including the Mai Aini refugee camp, over the weekend for the first time since the conflict began in November. The camp is one of two camps in southern Tigray the UN has been able to access.

Published 03 Feb, 2021 10:09am

World

Ethiopia warns Sudan it is running out of patience over border dispute

Ethiopia sees the dam as key to plans to become Africa's largest power exporter. Egypt, which gets more than 90% of its scarce fresh water from the Nile, fears the dam across the Blue Nile could devastate its economy.

Published 13 Jan, 2021 12:40pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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