Trends - African countries - Business Recorder

African countries

Foreign investment: SECP session terms investment facilitation crucial

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), in furtherance of its agenda of investment...

Published 13 Aug, 2024 07:02am

Business & Finance

African countries urge WTO to save cotton sectors

ABU DHABI: African cotton-producing countries called Sunday for the WTO to find a solution to cotton trade...

Published 26 Feb, 2024 05:07am

World

Saudi Arabia to sign deals worth over $500mn with African nations: minister

RIYADH: The Saudi Fund for Development will sign agreements worth 2 billion riyals ($533 million) with African...

Published 09 Nov, 2023 11:22pm

Business & Finance

Traders urged to establish warehouses in African countries

KARACHI: In a bid to bolster Pakistan's exports to the African region, the United Business Group (UBG) has proposed...

Published 08 Aug, 2023 06:37am

Business & Finance

Importance of African Continental Free Trade Area highlighted

ISLAMABAD: The Islamabad-based representatives from the African countries and officials from the Pakistani Missions...

Published 09 Jun, 2023 06:20am

World

More African countries set to approve malaria shot; 20mn doses ready in 2023

LONDON: African countries are lining up to approve a new vaccine for malaria, with 20 million doses available for...

Published 21 Apr, 2023 10:37am

World

US VP Harris to visit Ghana, Tanzania, Zambia in push to boost Africa links

WASHINGTON: US Vice President Kamala Harris will travel to three African countries this month, a statement said...

Published 13 Mar, 2023 06:39pm

Markets

Yellen says Russian oil price cap could save African countries $6bn annually

DAKAR: Russia’s war against Ukraine is hitting Africans particularly hard by exacerbating food insecurity and...

Published 23 Jan, 2023 08:13am

Markets

Yellen says Russian oil price cap could save African countries $6bn annually

DAKAR: Russia’s war against Ukraine is hitting Africans particularly hard by exacerbating food insecurity and...

Published 20 Jan, 2023 06:47pm

Business & Finance

IFC sees ‘huge’ potential to boost investment in Africa

WASHINGTON: The World Bank’s private investment arm sees huge potential to boost investment in Africa and help...

Published 19 Dec, 2022 07:28am

Business & Finance

‘Pakistan-Africa Trade Development Conference’ begins in Johannesburg

KARACHI: Ministry of Commerce, Government of Pakistan launched its Look Africa Policy in 2017-18 to enhance economic...

Published 29 Nov, 2022 05:57am

Pakistan

NA body briefed on Pakistan’s ties with African countries

ISLAMABAD: The National Assembly Standing Committee on Foreign Affairs on Monday called for Pakistan’s expanding...

Published 25 Oct, 2022 05:51am

Opinion

Monkeypox retreating but threat remains, experts warn

The global monkeypox outbreak has been receding for months, but experts warn against prematurely declaring victory...

Published 23 Oct, 2022 03:21am

Markets

African countries to push for more fossil fuel projects at COP27

CAPE TOWN: African countries will use the COP27 climate talks in Egypt next month to advocate for a common energy...

Published 05 Oct, 2022 07:04am

Pakistan

Sanjrani, Toguyeni discuss strategy for enhanced cooperation

ISLAMABAD: Chairman Senate Sadiq Sanjrani has said Pakistan has outlined a special strategy for enhancing ...

Published 13 Jul, 2022 05:48am

World

IMF secures $40 billion so far for new sustainability trust

LONDON/NEW YORK: The International Monetary Fund (IMF) has received $40 billion in pledges for its new Resilience...

Published 27 May, 2022 08:22pm

Business & Finance

African states: Rice exporters charter vessels for shipments

KARACHI: In order to ensure the timely delivery of export consignments, rice exporters have initiated export...

Published 21 Jan, 2022 05:27am

World

China is not trapping Africa in debt: FM

MOMBASA, (Kenya): China’s Foreign Minister Wang Yi on Thursday rejected suggestions that Beijing was luring ...

Published 07 Jan, 2022 06:22am

World

US to lift travel curbs on eight African countries

NEW YORK: The Biden administration will lift travel restrictions on eight southern African countries imposed last...

Published 25 Dec, 2021 05:02am

World

US to lift travel curbs on eight African countries: source

The Biden administration will lift travel restrictions on eight southern African countries imposed last month over...

Published 24 Dec, 2021 05:52pm

Opinion

Armed with drones, Turkey explores African arms sales

Armed with battle-tested drones, Turkish President Recep Tayyip Erdogan has been deepening defence ties with African...

Published 16 Dec, 2021 04:00am

World

KSA to allow conditional entry ‘from all countries’

CAIRO: Saudi Arabia will allow entry to travellers “from all countries” as long as they have received one dose ...

Published 29 Nov, 2021 06:03am

Emergence of ‘Omicron’: People should follow SOPs seriously: NCOC

ISLAMABAD: The National Command and Operation Centre (NCOC) has asked the people to get fully vaccinated against...

Updated 29 Nov, 2021 10:11am

Editorials

Interest-free loans for 'poorest nations'

EDITORIAL: The decision of the International Monetary Fund (IMF) board to increase the volume of interest-free loans...

Updated 26 Jul, 2021 10:50am

Business & Finance

African countries: Pakistan wants to enhance trade, investment cooperation: Qureshi

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi has said that Pakistan wants to enhance bilateral cooperation in...

Published 07 Jul, 2021 04:28am

World

J&J to deliver up to 400 million Covid vaccines to Africa

AVAT can order an additional 180 million doses, for a combined total of up to 400 million doses through 2022.

Published 29 Mar, 2021 07:34pm

Pakistan

COVID pandemic: Govt imposes travel ban on 12 African countries to curb spread of virus

At least 20 countries, including Australia, China, Japan, New Zealand, Singapore, Sri Lanka and Saudi Arabia, have been placed in Category A, under which COVID tests are not required for passengers
The new restrictions will be effective from March 23 to April 5, 2021

Published 21 Mar, 2021 10:08am

World

US says visa applicants denied due to Trump 'Muslim ban' can reapply

Since December 2017, after a revised version of the original travel ban was upheld by the US Supreme Court, some 40,000 people have been barred from entering the United States under the ban, according to State Department data.

Published 09 Mar, 2021 09:55am

World

Portugal to share COVID-19 shots with its former colonies in Africa, E.Timor

The group of countries is comprised of Portugal's former African colonies of Angola, Mozambique, Cape Verde, Guinea Bissau, Equatorial Guinea, and Sao Tome and Principe.
African nations are struggling to obtain vaccines for their combined 1.3 billion people, and only some of the continent's nations have begun administering doses.

Published 24 Feb, 2021 07:47pm

World

World Bank to invest $5bn in 11 African countries

World Bank Group President David Malpass said the investment would help improve livelihoods as those countries recovered from the outbreak and dealt with the impact of biodiversity loss and climate change through 2025.

Published 11 Jan, 2021 09:54pm

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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