Trends - Ethiopia - Business Recorder

Ethiopia

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

World

Worst drought in decades devastates Ethiopia’s nomads

GODE: There has hardly been a drop of rain in Hargududo in 18 months. Dried-up carcasses of goats, cows and donkeys...

Published 11 May, 2022 10:49am

World

HRW asks Ethiopia to probe Tigray ‘war crime’

ADDIS ABABA: Human Rights Watch on Thursday urged Ethiopia to probe an airstrike on a school in the war-torn Tigray...

Published 25 Mar, 2022 05:47am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	153.56
USD to Swiss Franc / Dec 17	0.89
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
India Sensex / Dec 17	80,684.45
Tokyo Nikkei / Dec 17	39,164.26
Nasdaq / Dec 17	20,109.06
Hang Seng / Dec 17	19,815.30
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37

Item	Value
Crude Oil USD/Barrel / Dec 17	70.11
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Gold Spot USD/Ounce / Dec 17	2,644.07
Cotton US¢/pound / Dec 17	68.53
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.63 ▲ 0.93 (16.32%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.90 ▲ 0.79 (11.11%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.50 ▲ 0.45 (11.11%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Shaheen Ins. / Dec 18 Shaheen Insurance Company Limited(SHNI)	6.70 ▲ 0.61 (10.02%)
Nimir Resins / Dec 18 Nimir Resins Limited(NRSL)	35.16 ▲ 3.20 (10.01%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Diamond Ind. / Dec 18 Diamond Industries Limited(DIIL)	20.90 ▲ 1.90 (10.00%)

Stock	Price
Equity Modaraba / Dec 18 First Equity Modaraba(FEM)	3.01 ▼ -0.43 (-12.50%)
Dewan Textile / Dec 18 Dewan Textile Mills Limited(DWTM)	5.67 ▼ -0.77 (-11.96%)
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
J.K.Spinning / Dec 18 J.K. Spinning Mills Limited(JKSM)	58.50 ▼ -6.50 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)
Sanghar Sugar / Dec 18 Sanghar Sugar Mills Limited(SANSM)	29.20 ▼ -3.15 (-9.74%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.08
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▼ -0.10
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.22
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.20
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▲ 0.15
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 2.16
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.23
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -1.43
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.11

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Ethiopia

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