Trends - Ethiopia - Business Recorder

Ethiopia

Magnitude 5.5 earthquake strikes Ethiopia region, GFZ says

An earthquake of magnitude 5.5 struck Ethiopia, east of the capital Addis Ababa, early on Saturday, the German...

Published 11 Jan, 2025 11:47am

World

At least 71 killed in Ethiopia road accident

ADDIS ABABA: At least 71 people died in Ethiopia when a truck packed with passengers plunged into a river, according...

Published 30 Dec, 2024 12:02pm

World

China’s Xi supports more global south countries joining BRICS

BEIJING: China’s President Xi Jinping on Thursday said that the world’s second largest economy supported more global...

Published 24 Oct, 2024 02:48pm

World

World Bank approves $1.5bn Ethiopia rescue package

ADDIS ABABA: The World Bank has approved a $1.5 billion financial package to support cash-strapped Ethiopia’s...

Published 04 Aug, 2024 02:47am

World

Death toll from Ethiopia landslides could rise to 500, UN says

NAIROBI: The death toll from landslides in Ethiopia earlier this week has risen to 257, and is expected to rise to...

Published 25 Jul, 2024 02:52pm

World

Death toll from Ethiopia landslide rises to 146: local official

ADDIS ABABA: The death toll from a landslide in southern Ethiopia has risen to at least 146, a local official said...

Published 23 Jul, 2024 01:17pm

World

Ethiopia landslide kills at least 55

ADDIS ABABA: At least 55 people were killed in a landslide in a remote area of southern Ethiopia on Monday, local...

Published 23 Jul, 2024 08:29am

World

Ethiopia hoping for $10.5bn financial aid in coming years: PM

ADDIS ABABA: Ethiopian Prime Minister Abiy Ahmed said on Thursday he was expecting about $10.5 billion in financial...

Published 05 Jul, 2024 03:17am

Business & Finance

Ethiopian envoy offers incentives for investors

KARACHI: Jemal Beker Abdula, ambassador of Ethiopia in Pakistan, outlined the incentives on the offer in Ethiopia ...

Published 11 May, 2024 06:22am

Pakistan

‘Ethiopian Tourism Desk’ opened

KARACHI: Governor of Sindh Muhammad Kamran Khan Tessori and Ambassador of Ethiopia to Pakistan Jemal Beker Abdula...

Published 23 Dec, 2023 06:16am

World

Ethiopia declares state of emergency following militia clashes

ADDIS ABABA: Ethiopia’s federal government on Friday declared a state of emergency following days of clashes in the...

Published 04 Aug, 2023 01:52pm

World

Macron’s Paris summit seeks new life for global finance agenda

PARIS: French President Emmanuel Macron hosts a summit on Thursday and Friday to pin down a roadmap for easing the...

Published 20 Jun, 2023 12:38pm

Business & Finance

Ethiopian envoy declared ‘best ambassador’ in Islamabad

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has declared Jemal Beker Abdula, Ambassador...

Published 22 May, 2023 06:23am

Business & Finance

Ethiopian Airlines to resume operations after 25 years

KARACHI: Starting May 9 (Tuesday), Ethiopian Airlines is set to resume operations in Pakistan after a 25-year...

Updated 09 May, 2023 09:36am

Pakistan

After 2 decades: Ethiopian Airlines marks Karachi comeback with May 9 flight

CAA official confirms prominent aviation group in Africa is returning to port city

Updated 06 May, 2023 06:57pm

World

Over 3,500 people have fled Sudan for Ethiopia: UN

ADDIS ABABA: More than 3,500 people, including hundreds of Turkish nationals, have arrived in Ethiopia after fleeing...

Published 27 Apr, 2023 05:18pm

Business & Finance

70-member team completes week-long business trip to Ethiopia

ISLAMABAD: A 70-member delegation of businessmen and investors from Pakistan made a week-long visit to Ethiopia to...

Published 27 Mar, 2023 06:53am

Business & Finance

Ethiopia’s envoy urges businesspeople to exploit Africa’s untapped business potential

FAISALABAD: Addis Ababa intends to enhance Pakistani presence in Ethiopian markets and in this connection a special...

Published 20 Feb, 2023 06:26am

Business & Finance

TDAP chairman assures support to businessmen visiting Ethiopia

KARACHI: Trade Development Authority of Pakistan (TDAP) Chairman Zubair Motiwala has assured to fully facilitate the...

Published 07 Feb, 2023 06:07am

World

Eritrea troops leave historic Tigray city

ADDIS ABABA: Eritrean troops have left the ancient city of Axum in Tigray but remain in two other towns in the...

Published 23 Jan, 2023 07:51am

World

Climate change will fuel humanitarian crises in 2023

MEXICO CITY: Climate change will accelerate humanitarian crises around the world in 2023, adding to the issues...

Published 14 Dec, 2022 01:19pm

Pakistan

Pakistan, Ethiopia discuss counter-terrorism cooperation

ISLAMABAD: Ethiopia and Pakistan have discussed various ways to develop bilateral cooperation in diverse sectors...

Published 12 Dec, 2022 06:07am

Business & Finance

‘Everything increasing except wages’: inflation batters Ethiopia

ADDIS ABABA: “Everything is increasing except our wages,” Ethiopian porter Zerihun told AFP, summing up the...

Published 11 Dec, 2022 11:04am

World

UN launches record $51.5bn emergency funding appeal

GENEVA: The UN appealed for record funds for aid next year, as the Ukraine war and other conflicts, climate...

Published 01 Dec, 2022 10:27am

Business & Finance

Envoy urges traders to visit Ethiopia, explore opportunities there

ISLAMABAD: Ambassador of Ethiopia Jemal Beker Abdula here on Saturday urged Islamabad business fraternity to join in...

Published 27 Nov, 2022 05:58am

Business & Finance

Sindh governor to lead delegation of businessmen to Ethiopia

KARACHI: Governor Sindh Kamran Khan Tessori has agreed to lead a delegation of Pakistani businessmen who was likely...

Published 21 Nov, 2022 05:59am

Pakistan

Ethiopia to extend support on climate financing: envoy

KARACHI: Ethiopia is closely working with the government of Pakistan on climate change issues which has recently...

Published 17 Nov, 2022 05:59am

World

Tedros, from ‘child of war’ to two-term WHO chief

GENEVA: Tedros Adhanom Ghebreyesus, who is all but guaranteed to secure a second term as WHO chief Tuesday,...

Published 24 May, 2022 01:38pm

World

More than 100 million people forcibly displaced in the world: UN

GENEVA: More than 100 million people have been driven from their homes around the world, the UN refugee agency...

Published 23 May, 2022 10:56am

Markets

Ethiopia, World Bank sign $300mn grant agreement for reconstruction

NAIROBI: Ethiopia and the World Bank have signed an agreement for a $300 million grant to help with reconstruction...

Published 17 May, 2022 10:55am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	156.30
USD to Swiss Franc / Jan 17	0.92
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
India Sensex / Jan 17	76,619.33
Tokyo Nikkei / Jan 17	38,451.46
Nasdaq / Jan 17	19,630.20
Hang Seng / Jan 17	19,584.06
FTSE 100 / Jan 17	8,505.22
Dow Jones / Jan 17	43,487.83
Germany DAX 30 / Jan 17	20,903.39

Item	Value
Crude Oil USD/Barrel / Jan 17	78.88
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Gold Spot USD/Ounce / Jan 17	2,703.25
Cotton US¢/pound / Jan 17	67.60
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

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Ethiopia

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