Trends - Gulf countries - Business Recorder

Gulf countries

US to waive visas for Qatar, in first for Arab country

WASHINGTON: The United States said Tuesday it will waive visa requirements for citizens of Qatar, making the close...

Published 25 Sep, 2024 06:00pm

Markets

Major Gulf markets inch up ahead of expected Fed rate cut

Most major stock markets in the Gulf edged higher in early trade on Tuesday, ahead of the U.S. Federal Reserve’s...

Published 17 Sep, 2024 02:29pm

Opinion

Realistically speaking, the economy has improved

Making comments on financial issues without any expertise in the subject matter or without receiving concurrence ...

Published 17 Sep, 2024 06:33am

Opinion

Renewing foreign relationships

Pakistan and the United States have a multifaceted historic relationship marked by noteworthy cooperation across...

Published 13 Sep, 2024 06:53am

World

Saudi crown prince to visit Japan

TOKYO: Saudi Arabia’s Crown Prince Mohammed bin Salman will visit Japan from May 20 to 23 when he will meet the...

Published 10 May, 2024 11:36am

PM brings role of SIFC under the Gulf focus

Pakistan desires to expand bilateral cooperation across all spheres, particularly trade and investment, says Caretaker Prime Minister Anwaar-ul-Haq Kakar

Updated 05 Jan, 2024 02:12pm

Opinion

Kuwaiti ruler Sheikh Nawaf no more

Sheikh Nawaf al-Ahmed al-Sabah, the ruler of Kuwait, died last Saturday aged 86. He was 83 when he became the emir ...

Published 19 Dec, 2023 05:20am

Opinion

Unveiling the malaise and despondency

The recent success on IMF (International Monetary Fund) funding, a bullish stock market, the rupee value stabilizing...

Published 09 Dec, 2023 05:46am

Remittance inflows likely to recover

Experts say that improvement inflows likely as PKR marked a significant comeback against US dollar in interbank and open market in last few weeks

Updated 30 Oct, 2023 10:05am

Business & Finance

China seeks to deepen cooperation with Gulf countries in various fields

BEIJING: China wants to deepen oil and gas cooperation with Gulf countries and seek potential for cooperation in the...

Published 22 Oct, 2023 10:52am

Opinion

‘Exodus’ from Pakistan

Recent times have witnessed much hype around the whole phenomenon of mass emigration -or as some like to term it the...

Published 22 Sep, 2023 03:33am

Business & Finance

Agri, IT, minerals, energy sectors: Minister says opportunity exists to get $25bn investment from Gulf countries

LAHORE: Federal Minister for Planning and Development Ahsan Iqbal on Saturday said that there is an opportunity to...

Published 23 Jul, 2023 03:25am

Incentives, innovative services: Remittance inflows from GCC states may soar to $20bn: experts

KARACHI: The remittance inflows can be increased by more than $5 billion to $20 billion to Pakistan through the...

Updated 21 Jul, 2023 09:25am

Pakistan

$500m deal being negotiated, says maritime minister

KARACHI: Federal Minister for Maritime Affairs Faisal Subzwari announced that a contract worth $500 million is being...

Published 28 May, 2023 03:34am

World

Saudi hosts landmark Iran, Syria visits as ME ties thaw

RIYADH: Saudi Arabia hosted landmark delegations from Iran and Syria on Wednesday as Gulf countries prepare for...

Published 13 Apr, 2023 06:37am

Opinion

Saudi reset and the new Arab order

Arab and Persian chieftains have been playing war and peace around the Persian Gulf since the great army of the...

Updated 13 Apr, 2023 07:13am

World

Saudi-Iran agreement to restore relations 'important step towards stability in region': UAE foreign minister

CAIRO: United Arab Emirates foreign minister Sheikh Abdullah bin Zayed welcomed on Saturday an agreement between...

Updated 11 Mar, 2023 06:46pm

Economic support by Gulf countries: Pakistan hopes for positive outcome: FO

ISLAMABAD: Pakistan on Thursday commended the economic support extended by friendly countries, including China and...

Updated 10 Mar, 2023 12:31pm

Pakistan

India asked to hold ‘serious’ talks on Kashmir dispute

ISLAMABAD: Prime Minister Shehbaz Sharif Monday asked Indian Prime Minister Narendra Modi to hold serious and...

Updated 17 Jan, 2023 09:05am

‘All bets off’ if Iran gets nuclear weapon: Saudi Arabia

DUBAI: Saudi Arabia’s foreign minister said on Sunday that Iran’s Gulf Arab neighbours would act to shore up...

Updated 12 Dec, 2022 09:43am

World

US approves potential $3 billion in defense sale to Kuwait: Pentagon

The US State Department has approved the potential sale of the National Advanced Surface-To-Air Missile System and...

Published 07 Oct, 2022 12:51am

Business & Finance

PIA reduces airfare by 15% for Gulf and UAE flights

Reduction in fares to be implemented immediately, says the airline’s spokesperson

Published 20 Jul, 2022 08:53pm

‘Unrealistic’ energy policies will lead to higher inflation: MbS

JEDDAH, (Saudi Arabia): Saudi Arabia’s Crown Prince Mohammed bin Salman said on Saturday more investment was ...

Updated 17 Jul, 2022 09:38am

Editorials

Deeply offensive remarks

EDITORIAL: After President Arif Alvi and Prime Minister Shehbaz Sharif have strongly condemned the blasphemous...

Published 08 Jun, 2022 06:19am

Pakistan

Inbound flights: CAA to resume rapid antigen tests for passengers from Gulf countries

Will be conducted at Islamabad, Lahore, and Karachi airports

Published 13 May, 2022 09:11pm

World

US discusses 'potential' resettlement with Afghans in UAE

ABU DHABI: US officials in the United Arab Emirates met with Afghans after a protest in Abu Dhabi this week and...

Published 13 Feb, 2022 10:14pm

Business & Finance

Dishdasha crackdown as Omani men face fines for rogue robes

MUSCAT: A wave of foreign imitations and alternative styles has prompted Oman to take tough action to preserve its...

Published 06 Feb, 2022 10:46am

World

Gulf Arab countries on alert for heavy rains

DUBAI: Authorities in several Gulf countries renewed weather warnings on Sunday as several days of heavy rains ...

Published 02 Jan, 2022 09:19pm

World

US, Gulf countries accuse Iran of causing ‘nuclear crisis’

WASHINGTON: The United States and its Arab allies in the Gulf accused Iran Wednesday of causing a nuclear crisis and...

Published 19 Nov, 2021 04:35am

World

Lebanon PM urges action to mend Gulf row

BEIRUT: Lebanese Prime Minister Najib Mikati called on feuding politicians Thursday to take action to mend a ...

Published 05 Nov, 2021 04:39am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37
France CAC40 / Dec 17	7,365.70
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.95 ▲ 0.84 (11.81%)
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%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Leather Up Ltd. / Dec 18 Leather Up Limited(LEUL)	26.74 ▲ 2.43 (10.00%)
Pak Datacom / Dec 18 Pak Datacom Limited(PAKD)	103.94 ▲ 9.45 (10.00%)

Stock	Price
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%)
Dawood Lawrencepur / Dec 18 Dawood Lawrencepur Limited(DLL)	211.50 ▼ -23.50 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.13
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▼ -0.01
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.44
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.02
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.65
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 2.27
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.04
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -3.63
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.22

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