Trends - Dubai - Business Recorder

Dubai

Dubai named among top 5 fintech destinations globally

City also ranks among top 12 Global Financial Centres

Updated a day ago

Business & Finance

Dubai ‘removes walls’ for free zone companies, allows them to operate in mainland

Dubai has announced new rules that will allow companies set up inside its many free zones to operate outside of them...

Updated 2 days ago

World

Dubai’s Yango Group targets Pakistan, others with $20m startup fund: report

Dynamic, high-growth markets like Pakistan offer substantial opportunities, says spokesperson

Published 19 Mar, 2025 03:27pm

Business & Finance

Tourism contributes 12% to UAE’s GDP in 2024, surpassing US and Europe

Tourism contributed 12% to the UAE’s gross domestic product (GDP) in 2024, according to new insights compiled within...

Updated 18 Mar, 2025 08:05pm

Business & Finance

Dubai leads global luxury real estate with 147pc growth in five years: report

City tops Prime Real Estate Index (PIRI) in Knight Frank's Wealth Report 2025

Updated 18 Mar, 2025 02:06pm

World

Ripple says securing Dubai crypto licence a ‘major milestone’

Ripple will be the first blockchain-enabled payments provider licenced by Dubai Financial Services Authority

Published 14 Mar, 2025 04:29pm

World

‘A city for everyone’: Dubai announces 17,000 affordable homes

We are committed to offering a range of housing options, says Dubai crown prince

Published 13 Mar, 2025 02:52pm

Business & Finance

Dubai retains top ranking for greenfield FDI projects, attracts $14.24bn in 2024

Main sources of FDI for projects in UAE remain India, US and UK

Updated 12 Mar, 2025 01:12pm

World

Dubai is spending billions to fix its traffic problems

Residents and tourists alike in recent times have complained that as Dubai’s popularity rises, so are its traffic...

Published 10 Mar, 2025 05:22am

Sports

New Zealand fret over Henry’s fitness and the Chakravarthy mystery

DUBAI: New Zealand captain Mitchell Santner could not confirm that pace spearhead Matt Henry will be available for...

Published 09 Mar, 2025 10:09am

Sports

India chasing Champions Trophy history, NZ ready to scrap

BENGALURU: India are heavy favourites to claim a record third Champions Trophy in Dubai on Sunday but Rohit Sharma’s...

Published 07 Mar, 2025 12:20pm

Sports

It is what it is, New Zealand focused only on winning Champions Trophy

Kane Williamson is too long in the tooth to get dragged into the debate over India getting to play the Champions...

Published 06 Mar, 2025 08:32am

Life & Style

2024: Pakistanis among top 5 buyers of real estate in Dubai, Indians top list

Property prices are set to rise 5-8% in 2025

Updated 05 Mar, 2025 07:23pm

Sports

Steve Smith retires from one-day cricket after semi-final loss

SYDNEY: Steve Smith has retired from one-day internationals following the defeat to India in the Champions Trophy...

Updated 05 Mar, 2025 12:53pm

Business & Finance

Living and working in Dubai: What are the UAE’s ‘business opportunities’ and ‘blue’ visas?

DUBAI: There are many ways to visit, live and work in Dubai - the golden visa being one of the most well-known. But...

Updated 04 Mar, 2025 12:48pm

Sports

Australia, South Africa forced to wait on Champions Trophy semi-final venues

The full implications of the India’s refusal to play Champions Trophy matches in Pakistan were laid bare on Sunday...

Updated 02 Mar, 2025 09:15pm

Markets

In first year after IPO, Dubai’s Parkin makes ‘remarkable progress’

Posts Q4 2024 net profit of AED 120 million

Published 01 Mar, 2025 12:20pm

World

Dubai’s GEMS Education plans $300 million spend to boost growth

ABU DHABI: Dubai-based GEMS Education plans to spend around $300 million over the next two-to-three years to...

Published 28 Feb, 2025 07:28pm

Perspectives

Student life in Dubai: a diverse and dynamic education system

Dubai is known for its towering skyscrapers, vibrant multicultural environment and a thriving economy, but it is...

Published 27 Feb, 2025 05:58pm

Life & Style

Dubai dwellers take desert camping to skyscraper city

DUBAI: On a patch of city land beside the sea, urban Emiratis sit beneath the shimmering skyscrapers of wealthy...

Published 27 Feb, 2025 05:18pm

Business & Finance

Flydubai reports record profits of AED2.5bn

Carries 15.4 million passengers in 2024, increase of 11%

Updated 24 Feb, 2025 05:55pm

Life & Style

Dubai International Boat Show 2025 underway as Golden Visa announced for yacht-owners

31st iteration runs from February 19-23

Published 21 Feb, 2025 05:53pm

Life & Style

Why Pakistani actors should capitalise on Dubai golden visa, follow Saba Qamar and Humayun Saeed lead

Dubai’s coveted golden visa - which allows one to live and work there for 10 years - has many categories. You can...

Updated 20 Feb, 2025 10:13am

Sports

Revived Champions Trophy up for grabs with no clear favourite

The sprinkling of stardust over the Champions Trophy may appear somewhat thin on its return to the calendar after...

Published 17 Feb, 2025 10:55am

Business & Finance

IMF head, PM discuss ongoing programme

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif held a meeting with Managing Director of the International ...

Published 13 Feb, 2025 07:33am

Pakistan

PM appreciates Dubai’s remarkable progress

DUBAI: Prime Minister Shehbaz Sharif on Tuesday appreciated Dubai’s remarkable progress as a global hub for...

Published 12 Feb, 2025 07:57am

Business & Finance

Arab Health in Dubai: where companies looked for the ‘wow effect’ for Pakistan’s pharma industry

DUBAI: Dubai’s Arab Health medical expo could be the medicine to the Pakistani pharmaceutical and surgical...

Updated 12 Feb, 2025 09:06am

Business & Finance

PM in Dubai in an effort to woo investors

DUBAI: Prime Minister Shehbaz Sharif on Tuesday met with prominent American entrepreneur and investor Gentry Beach ...

Published 12 Feb, 2025 06:17am

Business & Finance

PM, DP World CEO discuss bilateral ties

DUBAI: Prime Minister Shehbaz Sharif on Tuesday held discussions on bilateral matters with Group Chairman and CEO of...

Published 12 Feb, 2025 06:17am

Pakistan

World Government Summit in Dubai: Pakistan, Bosnia & Herzegovina pledge stronger ties

DUBAI: Prime Minister Shehbaz Sharif on Tuesday met with Chairperson of the Presidency of Bosnia and Herzegovina...

Published 12 Feb, 2025 06:17am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 25	280.52
USD PKR Interbank Buying / Mar 25	280.27
USD to Japanese Yen / Mar 25	150.54
USD to Swiss Franc / Mar 25	0.88
Pound Sterling to USD / Mar 25	1.29
Euro to USD / Mar 25	1.08
UK LIBOR % / Mar 24	4.96

Stock	Volume
S&P 500 / Mar 24	5,767.57
Nasdaq / Mar 24	18,188.59
Dow Jones / Mar 24	42,583.32
India Sensex / Mar 25	78,073.97
Tokyo Nikkei / Mar 25	37,780.54
Hang Seng / Mar 25	23,413.58
FTSE 100 / Mar 25	8,684.09
Germany DAX 30 / Mar 25	22,926.46
France CAC40 / Mar 25	8,073.56

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 24	17,085
Crude Oil USD/Barrel / Mar 25	69.03
Gold 10 Grams PKR / Mar 25	272,462
Gold Spot USD/Ounce / Mar 25	3,017.31
Cotton US¢/pound / Mar 25	65.64
Petrol/Litre / Mar 26	255.63
Diesel/Litre / Mar 26	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel Indus.(R) / Mar 25 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	2.01 ▲ 1 (99.01%)
Ruby Textile / Mar 25 Ruby Textile Mills Limited(RUBY)	7.01 ▲ 1 (16.64%)
Sec. Inv. Bank / Mar 25 Security Investment Bank Limited(SIBL)	8.99 ▲ 1 (12.52%)
Samba Bank / Mar 25 Samba Bank Limited(SBL)	9 ▲ 0.82 (10.02%)
Leiner Pak Gelat / Mar 25 Leiner Pak Gelatine Limited(LPGL)	100.73 ▲ 9.16 (10%)
Adamjee Life Assur. / Mar 25 Adamjee Life Assurance Company Limited(ALIFE)	25.73 ▲ 2.34 (10%)
United Dist. / Mar 25 United Distributors Pakistan Limited(UDPL)	67.29 ▲ 6.12 (10%)
Crescent Fib. / Mar 25 Crescent Fibres Limited(CFL)	45.70 ▲ 4.14 (9.96%)
Popular Islamic / Mar 25 Popular Islamic Modaraba(PIM)	13.19 ▲ 1.19 (9.92%)
Hussain Industries / Mar 25 Husein Industries Limited(HUSI)	27.30 ▲ 2.43 (9.77%)

Stock	Price
Parmount Sp. / Mar 25 Paramount Spinning Mills Limited(PASM)	3.51 ▼ -0.48 (-12.03%)
Shahtaj Sugar / Mar 25 Shahtaj Sugar Mills Limited(SHJS)	117 ▼ -13 (-10%)
Diamond Ind. / Mar 25 Diamond Industries Limited(DIIL)	27.68 ▼ -3.07 (-9.98%)
Zephyr Textile / Mar 25 Zephyr Textiles Limited(ZTL)	9.50 ▼ -1 (-9.52%)
TPL Life Insur. / Mar 25 TPL Life Insurance Limited(TPLL)	55.02 ▼ -5.74 (-9.45%)
Shahtaj Textile / Mar 25 Shahtaj Textile Limited(STJT)	65.05 ▼ -6.54 (-9.14%)
Sindh Abadgar / Mar 25 Sindh Abadgar's Sugar Mills Limited(SASML)	55 ▼ -5.43 (-8.99%)
Elahi Cot. / Mar 25 Elahi Cotton Mills Limited(ELCM)	138 ▼ -13.03 (-8.63%)
Tri-Star Power / Mar 25 Tri-Star Power Limited(TSPL)	7.24 ▼ -0.66 (-8.35%)
Shield Corp. / Mar 25 Shield Corporation Limited(SCL)	253.90 ▼ -22.98 (-8.3%)

Stock	Volume
Pak Elektron / Mar 25 Pak Elektron Limited(PAEL)	28,623,330 ▲ 0.63
TRG Pak Ltd / Mar 25 TRG Pakistan Limited(TRG)	22,742,574 ▼ -3.59
Cnergyico PK / Mar 25 Cnergyico PK Limited(CNERGY)	19,218,186 ▲ 0.01
Sui South Gas / Mar 25 Sui Southern Gas Company Limited(SSGC)	14,168,002 ▲ 0.18
WorldCall Telecom / Mar 25 Worldcall Telecom Limited(WTL)	11,877,825 ▼ -0.05
Pak Int.Bulk / Mar 25 Pakistan International Bulk Terminal(PIBTL)	11,187,536 ▲ 0.08
Pak Refinery / Mar 25 Pakistan Refinery Limited(PRL)	10,362,407 ▼ -0.12
B.O.Punjab / Mar 25 The Bank of Punjab(BOP)	10,164,053 ▼ -0.21
K-Electric Ltd. / Mar 25 K-Electric Limited(KEL)	10,144,462 ▲ 0
Treet Corp / Mar 25 Treet Corporation Limited(TREET)	8,893,519 ▼ -0.53

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