Trends - Egypt - Business Recorder

Egypt

Gaza ceasefire delayed over hostage list

Hamas affirms commitment to the Gaza ceasefire deal
The group says the delay in disclosing the names of hostages to be released in first phase was due to technical field reasons

Updated 19 Jan, 2025 12:21pm

World

Gaza ceasefire ‘closer than ever’ as sides work on final details

DOHA/CAIRO/JERUSALEM: Negotiators met in Qatar on Tuesday hoping to hammer out final details of a ceasefire in Gaza,...

Published 14 Jan, 2025 10:01pm

Life & Style

Egypt uncovers blocks from 18th dynasty Queen Hatshepsut temple

CAIRO: Archaeologists have uncovered intact portions of the foundation wall of pharaonic Queen Hatshepsut’s valley...

Published 09 Jan, 2025 01:17pm

World

Egypt tests new extension of the Suez Canal

CAIRO: Egypt has tested a new 10-kilometre (6.2-mile) extension to the Suez Canal as it tries to minimise the impact...

Published 30 Dec, 2024 05:47am

Business & Finance

IMF grants Egypt initial approval of $1.2bn fourth review

CAIRO: The International Monetary Fund said on Wednesday it reached a staff-level agreement with Egypt on the fourth...

Published 25 Dec, 2024 12:00pm

World

Some gaps have narrowed in elusive Gaza ceasefire deal, sides say

CAIRO/OCCUPIED JERUSALEM: Gaps between Israel and Hamas over a possible Gaza ceasefire have narrowed, according to...

Published 24 Dec, 2024 08:34am

World

US authorizes military sales of more than $5 billion to Egypt

WASHINGTON: The United States government on Friday authorized the sale of more than $5 billion in military equipment...

Published 21 Dec, 2024 11:11am

Pakistan

D-8 summit: PM Shehbaz says youth key driver to economic development

Prime Minister Shehbaz Sharif on Thursday said that a country’s youth plays a key role for its economic development....

Updated 19 Dec, 2024 09:45pm

Pakistan

Pakistan, Indonesia agree to remain in close contact to maintain momentum in bilateral relations

Prime Minister Shehbaz Sharif holds a meeting with President of Indonesia H.E Prabowo Subianto,

Updated 19 Dec, 2024 06:26pm

Pakistan

PM arrives in Cairo

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif today arrived in Cairo on a three-day visit to Egypt. Minister for...

Published 19 Dec, 2024 05:57am

Pakistan

PM Shehbaz leaves for Egypt for ‘Developing Eight’ countries summit

Prime Minister Shehbaz Sharif embarked on a three-day official visit to Egypt on Wednesday to attend the Eleventh...

Updated 18 Dec, 2024 10:53pm

World

Iran’s president to make rare visit to Egypt for D-8 summit

DUBAI: Iranian President Masoud Pezeshkian will take part in a summit of big Muslim countries in Egypt on Thursday,...

Published 17 Dec, 2024 03:30pm

Pakistan

PM to leave for Egypt tomorrow for D-8 Summit

ISLAMABAD: Prime Minister Shehbaz Sharif will embark upon a three-day official visit to Egypt on Wednesday to attend...

Updated 17 Dec, 2024 08:08am

Pakistan

PM Shehbaz to visit Egypt for ‘Developing Eight’ countries summit: FO

Prime Minister Shehbaz Sharif will visit Egypt from December 18 to 20, 2024, to participate in the Eleventh Summit...

Updated 16 Dec, 2024 10:07pm

Business & Finance

Egypt’s inflation dips to near two-year low of 25.5% in November

CAIRO: Egypt’s annual urban consumer price inflation rate dropped more than expected to 25.5% in November, its...

Published 10 Dec, 2024 02:27pm

World

Syria’s rebels work to form government, restore order after Assad ouster

DAMASCUS/NEW YORK: The lightning overthrow of President Bashar al-Assad left Syrians, countries in the region and...

Published 10 Dec, 2024 11:15am

Markets

First shipment of Egypt’s delayed Russian wheat purchase begins loading

CAIRO: The first shipment from Egypt’s purchase of 430,000 metric tons of Russian wheat began loading on Saturday,...

Published 09 Dec, 2024 06:43am

World

Israeli strikes kill 15 in Gaza, Cairo holds fresh talks with Hamas

Palestinians say Israel's operations on the northern edge of the enclave are part of a plan to clear people out through forced evacuations

Updated 01 Dec, 2024 09:21pm

Markets

Egypt seeks wheat and vegetable oils in direct purchase deals

CAIRO: Egypt plans to secure wheat and vegetable oils through direct purchase agreements, Mostakbal Misr Agency for...

Published 28 Nov, 2024 01:32pm

World

Displaced by Israeli aggression, Palestinians build new lives in Cairo’s ‘Little Gaza’

CAIRO: Palestinian Bassem Abu Aoun serves Gaza-style turkey shawarma at his restaurant in an eastern Cairo...

Published 05 Nov, 2024 05:24pm

Markets

Egypt’s non-oil business activity contracts further in October, PMI shows

CAIRO: Activity in Egypt’s non-oil private sector continued to decline in October as strong cost pressures dampened...

Published 05 Nov, 2024 11:29am

World

Israel presses Gaza and Lebanon assaults as Egypt touts truce plan

BEIRUT: Israeli forces launched deadly strikes on Lebanon and Gaza on Monday, pressing their offensive against...

Published 28 Oct, 2024 05:12pm

World

Antony Blinken heads to Hamas mediator Qatar on Gaza truce push

RIYADH: US Secretary of State Antony Blinken heads Thursday to key Hamas mediator Qatar as he seeks momentum to end...

Published 24 Oct, 2024 11:42am

World

In rare Egypt visit, Iran FM calls for regional calm

CAIRO: Iran’s top diplomat Abbas Araghchi and Egyptian President Abdel Fattah al-Sisi warned against the expansion...

Published 17 Oct, 2024 05:17pm

World

Egypt’s Sisi replaces head of intelligence agency

CAIRO: Egypt’s President Abdel Fattah al-Sisi named Major General Hassan Mahmoud Rashad as head of the powerful...

Published 17 Oct, 2024 07:53am

World

Hezbollah devices explode again in Lebanon, raising fears of wider Israel conflict

BEIRUT: Hand-held radios used by armed group Hezbollah detonated on Wednesday across Lebanon’s south in the...

Published 19 Sep, 2024 10:35am

World

In Egypt, Blinken to discuss bilateral ties, Gaza ceasefire

CAIRO: US Secretary of State Antony Blinken hopes to advance efforts to achieve a ceasefire deal in Gaza as well as...

Published 18 Sep, 2024 10:06am

World

At least three killed, 49 injured in Egypt train collision

CAIRO: At least three people were killed and others wounded in a collision between two passenger trains in Zagazig...

Published 15 Sep, 2024 02:44am

World

European, Muslim countries meet in Spain eyeing schedule for Palestinian statehood

MADRID: Spain, hosting a high-level meeting on Friday of several Muslim and European countries on ways to end the...

Published 13 Sep, 2024 06:42pm

Pakistan

Coke, Pepsi boycott over Gaza lifts Pakistan, other countries’ local brands

Restaurants, Karachi's private schools association and university students have all taken part in anti-Coca-Cola actions

Updated 04 Sep, 2024 11:50pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98
Hang Seng / Jan 21	20,098.89
FTSE 100 / Jan 21	8,529.98
Germany DAX 30 / Jan 21	20,988.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Cotton US¢/pound / Jan 21	68.02
Petrol/Litre / Jan 22	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Equity Modaraba / Jan 21 First Equity Modaraba(FEM)	3.54 ▲ 0.34 (10.62%)
Waves Home Appliances / Jan 21 Waves Home Appliances Limited(WAVESAPP)	11.30 ▲ 1.03 (10.03%)
786 Invest Ltd / Jan 21 786 Investments Limited(786)	10.98 ▲ 1.00 (10.02%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.90 ▲ 9.90 (10.00%)

Stock	Price
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	45.21 ▼ -5.02 (-9.99%)
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	16.62 ▼ -1.62 (-8.88%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9 ▼ -0.81 (-8.26%)
Dadabhoy Cement / Jan 21 Dadabhoy Cement Industries Limited(DBCI)	5.10 ▼ -0.43 (-7.78%)
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	23.05 ▼ -1.94 (-7.76%)
ZIL Limited / Jan 21 ZIL Limited(ZIL)	226.01 ▼ -18.99 (-7.75%)
Khyber Textile / Jan 21 Khyber Textile Mills Limited(KHYT)	526 ▼ -43.96 (-7.71%)
Gulistan Sp. / Jan 21 Gulistan Spinning Mills Limited(GUSM)	13 ▼ -1.03 (-7.34%)

Stock	Volume
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	111,866,059 ▲ 0.44
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	69,297,556 ▲ 0.05
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	64,182,488 ▼ -0.09
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.94
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	51,882,881 ▲ 0.34
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.39
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	23,353,008 ▼ -1.60
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -5.02
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	21,890,802 ▼ -1.62

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