Trends - COP28 climate summit - Business Recorder

COP28 climate summit

OPEC says IEA commentary on oil security encouraging

DUBAI: Oil producer group OPEC said on Wednesday it was encouraged by a commentary from the International Energy...

Published 13 Mar, 2024 03:52pm

Markets

Oil and gas should not be demonized, Elon Musk says

ROME: It is important to reduce carbon emissions to preserve the planet, but oil and natural gas should not be...

Published 16 Dec, 2023 07:47pm

World

Saudi energy minister: in agreement with COP28 presidency on final deal

DUBAI: Saudi Arabia’s energy minister Prince Abdulaziz bin Salman said on Wednesday he was in agreement with the...

Published 13 Dec, 2023 05:17pm

World

EU welcomes COP 28 climate agreement, von der Leyen says

BRUSSELS: The agreement reached on the COP 28 climate summit could speed up the transition to a cleaner and...

Published 13 Dec, 2023 03:00pm

World

UN climate summit to run overtime as fury mounts on fossil fuels

DUBAI: UN climate talks in Dubai were set Tuesday to run past a host-imposed deadline for a deal as at-risk nations...

Published 12 Dec, 2023 12:28pm

Markets

Oil falls 3%, extends losses after US inflation data

LONDON: Oil fell 3% on Tuesday, with Brent crude hitting the lowest since June after U.S. consumer prices rose in...

Updated 12 Dec, 2023 09:03pm

World

UN climate chief urges countries to lift ‘unnecessary tactical blockades’ at COP28

DUBAI: The UN’s climate chief urged countries at the COP28 meeting on Monday to lift “unnecessary tactical...

Published 11 Dec, 2023 11:15am

Markets

Asian stocks brace for central bank bonanza

SYDNEY: Asian shares started cautiously on Monday ahead of a week packed with a quintet of central bank meetings and...

Published 11 Dec, 2023 09:55am

World

COP28 must mark ‘beginning of the end’ of fossil fuels: EU

DUBAI: The UN’s COP28 talks in Dubai must “mark the beginning of the end” of fossil fuels, the European Union’s...

Published 06 Dec, 2023 05:17pm

World

COP28 draft agreement includes option to do nothing on fossil fuels

DUBAI: The UN released the latest draft of a global climate agreement on Tuesday presenting all options on fossil...

Published 05 Dec, 2023 04:31pm

World

World could breach 1.5C warming threshold in 7 years: study

PARIS: The world may cross the crucial 1.5C global warming threshold in seven years as fossil fuel CO2 emissions...

Published 05 Dec, 2023 04:28pm

Markets

Saudi Arabia says ‘absolutely not’ to oil phase down at COP28

DUBAI: Saudi Arabia’s energy minister has slammed the door shut to agreeing to phase down fossil fuels at the UN’s...

Published 05 Dec, 2023 04:22pm

Business & Finance

UAE banks pledge $200bn in green finance at COP28 climate talks

DUBAI: Banks in the United Arab Emirates on Monday pledged to mobilise 1 trillion dirhams, or around $200 billion,...

Published 04 Dec, 2023 03:28pm

World

UAE signs deal with Bill Gates’ nuclear company on advanced reactors: COP28

DUBAI: Bill Gates’ advanced nuclear reactor company TerraPower LLC and the United Arab Emirates’ state owned nuclear...

Published 04 Dec, 2023 11:56am

World

India agrees to withdraw soldiers from Maldives

NEW DELHI: India’s government has agreed to withdraw its soldiers from the Maldives, the Indian Ocean...

Published 04 Dec, 2023 05:35am

Pakistan

Pakistan’s stance on climate finance for developing countries acknowledged in COP28: PM Kakar

Caretaker Prime Minister Anwaar-ul-Haq Kakar has said that Pakistan has been a strong voice and a proactive advocate...

Updated 03 Dec, 2023 09:39pm

World

117 countries agree to triple renewable energy, to push out fossil fuels: COP28

DUBAI: Some 117 governments pledged to triple the world’s renewable energy capacity by 2030 at the U.N.‘s COP28...

Updated 02 Dec, 2023 06:59pm

World

US pledges $3 billion to green climate fund at COP28

DUBAI: Vice President Kamala Harris told the UN’s COP28 conference on Saturday that the United States will...

Published 02 Dec, 2023 05:10pm

Pakistan

COP28 should deliver with actions, says caretaker PM Kakar

Caretaker Prime Minister Anwaar-ul-Haq Kakar on Saturday said Pakistan expects “COP28 to deliver with actions not...

Updated 02 Dec, 2023 11:02pm

Pakistan

Caretaker PM urges developed world to rectify shortfalls in Paris Agreement commitments

Caretaker Prime Minister Anwaar-ul-Haq Kakar on Saturday urged the developed countries “to urgently rectify...

Published 02 Dec, 2023 02:23pm

World

Countries to promise clean energy boost at COP28 to push out fossil fuels

DUBAI: Governments lined up a slew of energy announcements on Saturday at the U.N. climate summit in Dubai, where...

Published 02 Dec, 2023 02:04pm

World

On COP28 sidelines, philanthropies invest $450 million to help tackle methane

DUBAI: Nearly a dozen deep-pocketed philanthropies announced on Saturday they will invest $450 million over the next...

Published 02 Dec, 2023 10:30am

World

COP28 advisory board member resigns over reports of UAE fossil fuel dealmaking

DUBAI: A member of the main advisory board of the COP28 climate summit resigned on Friday over reports that the UAE...

Published 01 Dec, 2023 05:11pm

World

Britain’s King Charles urges rapid environmental repair in COP28 speech

DUBAI: Britain’s King Charles said on Friday the world was “dreadfully far off track” on addressing climate change...

Published 01 Dec, 2023 02:21pm

Pakistan

COP28: Caretaker PM Kakar arrives at Dubai Expo City

Kakar received by UAE President and UN Secretary-General at venue

Updated 01 Dec, 2023 09:44pm

World

COP28: everything you need to know as climate change conference kicks off in Dubai

Curtailing the use of fossil fuels and carbon emissions are expected to be topping the agenda of the 13-day summit

Published 30 Nov, 2023 04:25pm

World

Israel president to discuss hostages on COP28 sidelines

DUBAI: Israeli President Isaac Herzog is due to attend the UN climate talks in the United Arab Emirates Thursday...

Published 30 Nov, 2023 12:50pm

World

COP28 should seek total fossil fuel ‘phaseout’

UNITED NATIONS: The COP28 climate conference should aim for a complete “phaseout” of fossil fuels, UN...

Published 30 Nov, 2023 12:27pm

World

COP28 summit opens with hopes for early deal on climate damage fund

BRUSSELS/DUBAI: Countries at the UN’s COP28 climate summit opening on Thursday hope to clinch an early deal on a new...

Published 30 Nov, 2023 11:07am

World

Ahead of COP28, EU chief visits oil-rich UAE

ABU DHABI: EU chief Ursula von der Leyen visited the United Arab Emirates Thursday, three months before it hosts UN...

Published 07 Sep, 2023 08:08pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 17	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 17 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 17 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 17 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 17 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 17 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 17 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 17 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 17 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 17 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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COP28 climate summit

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