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ADNOC

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

World

UAE president launches energy investment firm XRG

DUBAI: United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan on Wednesday launched XRG, an investment...

Published 27 Nov, 2024 05:02pm

Markets

UAE’s ADNOC inks 15-year gas deal with Germany’s SEFE

DUBAI: The United Arab Emirates’ ADNOC has agreed to supply Germany’s SEFE with natural gas for 15 years, the...

Published 07 Nov, 2024 07:56am

Markets

UAE oil giant ADNOC to buy German chemicals firm for 12bn euros

FRANKFURT: German chemicals group Covestro said Tuesday it had accepted a takeover bid from the United Arab Emirates...

Published 01 Oct, 2024 01:55pm

Markets

Insurance, chemical stocks keep STOXX 600 at over one-month high

PARIS: The benchmark European stock index rose to its highest since July on Wednesday, boosted by insurance and...

Published 29 Aug, 2024 06:53am

World

Shell, Total, BP take stakes in UAE gas project

DUBAI: Energy majors TotalEnergies, Shell and BP will each take a 10 percent stake in a liquefied natural gas...

Published 10 Jul, 2024 06:45pm

Markets

Aramco, ADNOC reportedly weighing bids for Australia’s Santos, but analysts sceptical

Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) have been separately considering bids for Santos, Bloomberg...

Published 04 Jul, 2024 10:48am

World

Germany’s Covestro unveils cost cuts amid UAE energy firm takeover talks

FRANKFURT, (Germany): German chemical maker Covestro unveiled Tuesday a 400-million-euro ($430-million) cost-cutting...

Published 26 Jun, 2024 03:15am

Business & Finance

Saudi Aramco, UAE’s ADNOC in talks to invest in US LNG projects, sources say

LONDON: Gulf oil giants Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) are in talks to invest in U.S....

Published 06 Mar, 2024 06:35pm

Markets

BP and ADNOC to form gas joint venture in Egypt

DUBAI: Global oil major BP and state-owned Abu Dhabi National Oil Company will form a joint venture in Egypt that...

Published 14 Feb, 2024 02:51pm

Opinion

Obituary Wasim Zuberi: a gentleman extraordinary departs

On 15th December 2023 in Islamabad, the family of Wasim Zuberi lost their lovable patriarch, the petroleum sector...

Published 30 Dec, 2023 06:28am

Markets

ADNOC signs 15-year LNG supply deal with unit of China’s ENN

DUBAI: Abu Dhabi’s state oil giant ADNOC said on Wednesday it signed a 15-year agreement to deliver at least 1...

Published 20 Dec, 2023 01:13pm

World

COP28’s UAE president says ‘we respect’ climate science

DUBAI: The Emirati president of the UN’s COP28 talks said Monday he respects climate science, after a leaked video...

Published 04 Dec, 2023 04:37pm

World

50 oil and gas companies pledge to cut operational emissions

DUBAI: Fifty oil and gas companies representing 40 percent of global production pledged to decarbonise their...

Published 03 Dec, 2023 02:59am

Markets

Big Oil, heavy industry discuss emission curbs ahead of COP28

ABU DHABI: Major oil and gas company chiefs held discussions with heavy industry bosses on Sunday in the United Arab...

Published 02 Oct, 2023 10:22am

Markets

Abu Dhabi’s ADNOC Gas signs 5-year LNG supply deal with Japex

TOKYO: Abu Dhabi’s ADNOC Gas said on Thursday it has signed a five-year deal to supply liquefied natural gas (LNG)...

Published 17 Aug, 2023 10:17am

Markets

ADNOC Gas awards $3.6bn contract to expand UAE gas processing

DUBAI: State oil giant Abu Dhabi National Oil Company’s gas unit, ADNOC Gas, said on Wednesday it awarded a $3.6...

Published 09 Aug, 2023 11:14am

Markets

UAE climate chair urges oil firms to slash emissions

PARIS: The Emirati oil executive chairing this year’s UN climate summit, Sultan Al Jaber, told private and national...

Published 06 Jul, 2023 04:48pm

Business & Finance

Abu Dhabi’s ADNOC in almost $11bn approach for Covestro

DUBAI: Abu Dhabi National Oil Company (ADNOC) has approached German plastics and chemicals maker Covestro AG with a...

Published 26 Jun, 2023 06:38am

UAE minister due after Eid to ink different deals

ISLAMABAD: A high-level delegation from the United Arab Emirates (UAE) headed by Sultan Al-Jabar, Minister for...

Updated 24 Jun, 2023 08:54am

World

ADNOC Gas reports higher Q1 profit as lower costs offset weak volumes

DUBAI: Abu Dhabi National Oil Company’s gas subsidiary reported higher first quarter profit on Thursday, as lower...

Published 11 May, 2023 01:28pm

Markets

UAE’s ADNOC to supply full crude volumes to Asian buyers in July

SINGAPORE: The Abu Dhabi National Oil Company (ADNOC) has informed at least three buyers in Asia that it will supply...

Published 05 May, 2023 09:34am

World

UAE's ADNOC signs $1bn LNG deal with TotalEnergies

DUBAI: The United Arab Emirates' ADNOC Gas announced Monday a $1 billion deal to provide liquefied natural gas to...

Updated 01 May, 2023 09:46pm

World

COP28 head urges ‘accessible’ global climate finance

SAPPORO: Sultan Al Jaber, president of the COP28 climate talks, called on Saturday for “available, accessible and...

Published 16 Apr, 2023 03:36am

World

UAE president names son as crown prince, presumed future leader

DUBAI: The United Arab Emirates’ president named his eldest son as crown prince of Abu Dhabi late on Wednesday,...

Published 30 Mar, 2023 02:33pm

Business & Finance

BP, ADNOC place $4bn bid for half of Israel’s NewMed Energy

OCCUPIED JERUSALEM: Gas giants British Petroleum (BP) and Abu Dhabi National Oil Company (ADNOC) placed a $4 billion...

Published 30 Mar, 2023 06:35am

Markets

Asia’s regrade posts gain on increased buying

SINGAPORE: Asia’s regrade spread, the differential between 10 ppm gasoil and jet fuel cracks, pared the entire...

Published 26 Mar, 2023 03:19am

Markets

Most Gulf markets retreat on US bank’s contagion fears

Most Gulf stock markets fell in early trade on Tuesday, as fears of contagion risks from US-based Silicon Valley...

Published 14 Mar, 2023 02:24pm

Markets

UAE’s ADNOC Gas shares surge 25% in $2.5bn IPO

DUBAI: Shares in the United Arab Emirates’ ADNOC Gas soared 25 percent in opening trade on Monday in a $2.5 billion...

Published 13 Mar, 2023 12:57pm

Markets

Abu Dhabi gains ahead of Adnoc Gas IPO, Dubai weighed by ex-dividend stocks

Stocks in Abu Dhabi gained on Friday after flagship oil firm Abu Dhabi National co, also known as Adnoc, set the...

Published 03 Mar, 2023 07:29pm

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
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

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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