Trends - gulf states - Business Recorder

gulf states

Major Gulf equities track higher oil prices; Qatar flat

Major Gulf stock markets ended higher on Tuesday, fueled by rising oil prices, as investors bet on OPEC+ extending...

Published 03 Dec, 2024 09:04pm

Markets

Fuel oil smuggling network rakes in $1 billion for Iran and its proxies

DUBAI: A sophisticated fuel oil smuggling network that some experts believe generates at least $1 billion a year for...

Published 03 Dec, 2024 12:18pm

World

Iran’s oil sites: Arab states urge US to stop Israel from attacking

DUBAI: Gulf states are lobbying Washington to stop Israel from attacking Iran’s oil sites because they are...

Published 11 Oct, 2024 06:30am

World

Turkiye and Gulf states to launch talks for free trade pact

ANKARA: Turkiye and the Gulf Cooperation Council (GCC) have signed a deal to launch negotiations for a Free Trade...

Published 21 Mar, 2024 05:35pm

World

Iran lifts visa rules for 33 countries including Gulf states

DUBAI: Iran said it was lifting visa requirements for 33 countries, including Gulf states like Saudi Arabia with...

Published 15 Dec, 2023 03:12am

Jilani expects ‘huge’ investment from Gulf states

ISLAMABAD: Caretaker Foreign Minister Jalil Abbas Jilani on Wednesday said that a huge investment is expected to...

Updated 31 Aug, 2023 08:42am

Markets

Most Gulf markets in red as China woes linger, oil falls

Most stock markets in the Gulf ended lower on Monday as traders considered a slowdown in China, while falling oil...

Published 14 Aug, 2023 07:22pm

World

US envoy visits Gulf to help expand Yemen truce, launch peace process

WASHINGTON: The US Special Envoy for Yemen will visit the Gulf on Monday “to advance ongoing un-led efforts to...

Published 14 Aug, 2023 06:28pm

World

Iran’s President Raisi officially invites UAE president to visit Tehran

DUBAI: Iran’s President Ebrahim Raisi officially invited United Arab Emirates (UAE) President Mohammed bin Zayed Al...

Published 03 Aug, 2023 12:22pm

World

Turkiye’s Erdogan caps economy-driven Gulf tour in UAE

DUBAI: Turkiye President Recep Tayyip Erdogan has arrived in the United Arab Emirates, the final leg of a Gulf trip...

Published 19 Jul, 2023 12:42pm

World

Iran says to form naval alliance with Gulf states including Pakistan, India to ensure regional stability

Iran’s navy commander said his country and Saudi Arabia, as well as three other Gulf states, plan to form a naval...

Updated 03 Jun, 2023 06:15pm

World

Gulf states appeal to US on Israeli minister’s Palestinian comments

RIYADH: The Gulf Cooperation Council said Sunday it had written to Washington’s top diplomat condemning...

Published 27 Mar, 2023 06:15am

World

Syria’s Assad arrives in UAE in official visit

DUBAI: Syrian President Bashar al Assad arrived in the United Arab Emirates (UAE) on Sunday for an official visit,...

Published 19 Mar, 2023 04:28pm

World

Russian firms showcase guns, missiles at UAE defence expo

ABU DHABI: A major defence expo kicked off in the United Arab Emirates on Monday with Russian firms participating in...

Published 21 Feb, 2023 11:01am

World

Hopes fade as Turkiye-Syria quake toll at 17,500

BAB AL-HAWA BORDER CROSSING: Hopes were fading Thursday for rescuing survivors of the earthquake in Turkiye and...

Updated 09 Feb, 2023 05:22pm

Technology

Google Cloud to support Kuwait’s digitisation drive

DUBAI: Google Cloud has formed a strategic alliance with the Kuwaiti government to support digitisation efforts...

Published 06 Jan, 2023 10:19pm

World

UAE govt pushes work for local citizens

DUBAI: With foreign workers making up the vast bulk of private sector jobs in the United Arab Emirates, the Gulf’s...

Published 02 Jan, 2023 07:42am

World

Omani leader okays deficit budget for 2023

CAIRO: Oman’s Sultan ratified a 2023 budget with a deficit of 1.3 billion Omani rials ($3.38 billion) or 3% of ...

Published 02 Jan, 2023 06:46am

World

UAE, Oman to boost trade and investment ties

DUBAI: The UAE and Oman are exploring investment opportunities worth 30 billion dirhams and will increase bilateral...

Published 28 Sep, 2022 06:03pm

World

Iran wants closer ties with UAE: foreign minister

TEHRAN: Iran’s top diplomat said Wednesday his country wants to boost relations with the United Arab Emirates,...

Published 14 Sep, 2022 05:45pm

Business & Finance

Economic uplift linked to good ties with strategic partners: Ahsan

ISLAMABAD: Federal Minister for Planning and Development Ahsan Iqbal has said that the country’s economic...

Published 02 Jun, 2022 06:19am

World

UAE reports three more monkeypox cases

DUBAI: The United Arab Emirates recorded three more cases of monkeypox, the health ministry said on Monday, nearly a...

Published 30 May, 2022 10:34am

World

Oman, welcoming Russian FM, says committed to OPEC+ agreement

DUBAI: Russia’s Foreign Minister Sergei Lavrov on Wednesday visited Oman, a fellow member of the OPEC+ alliance of...

Published 11 May, 2022 06:03pm

Markets

'Not our war': Gulf states resist pressure to raise oil output

Gulf countries, which had suffered from declines in oil prices since 2014, now seem all the more reluctant to take immediate action as they benefit from the short-term price surge

Published 03 Mar, 2022 05:40pm

World

Gulf states review Lebanon response to proposal to ease row

KUWAIT CITY: Kuwait said Sunday that a Lebanese response to a list of suggested measures to ease a diplomatic rift...

Published 31 Jan, 2022 07:10am

World

UAE works on Friday for first time

DUBAI: Employees and schoolchildren juggled work and studies with weekly Muslim prayers on the first ever working...

Published 08 Jan, 2022 11:47am

World

UAE official expected in Tehran on rare visit

TEHRAN: A senior Emirati security official is due in Iran on Monday, ISNA news agency reported, in the latest...

Published 06 Dec, 2021 06:19am

World

Oman, Qatar sign six agreements during Sultan's visit to Doha

DUBAI: Oman and Qatar on Monday signed agreements on military cooperation, taxation, tourism, ports, labour and...

Published 22 Nov, 2021 05:39pm

World

Arab league says talks with Lebanon about Gulf crisis go in 'right direction'

DUBAI: Discussions with Lebanon about its rift with Gulf states are going in "the right directon," the assistant...

Published 08 Nov, 2021 02:15pm

World

Muslim states condemn Israel’s ‘barbaric attacks’ against Palestinians

The Organisation of Islamic Cooperation (OIC) called on Sunday for an immediate halt to what it described as Israel’s barbaric attacks on Gaza and blamed “systematic crimes” against the Palestinians for hostilities now in their seventh day.
The OIC statement came after a virtual meeting in which Saudi Arabia condemned the violation of the sanctity of Muslim holy sites and evictions of Palestinians from their homes in East Jerusalem.

Updated 16 May, 2021 07:54pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 22	278.92
USD PKR Interbank Buying / Jan 22	278.72
USD to Japanese Yen / Jan 22	155.66
USD to Swiss Franc / Jan 22	0.91
Pound Sterling to USD / Jan 22	1.23
Euro to USD / Jan 22	1.04

Stock	Volume
S&P 500 / Jan 21	6,049.24
Nasdaq / Jan 21	19,756.78
Dow Jones / Jan 21	44,025.81
India Sensex / Jan 22	76,197.90
Tokyo Nikkei / Jan 22	39,646.25
Hang Seng / Jan 22	19,778.77
FTSE 100 / Jan 22	8,579.82
Germany DAX 30 / Jan 22	21,258.81

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 21	18,485
Gold 10 Grams PKR / Jan 21	242,798
Petrol/Litre / Jan 22	256.13
Crude Oil USD/Barrel / Jan 22	75.52
Gold Spot USD/Ounce / Jan 22	2,751.94
Diesel/Litre / Jan 22	260.95

Gainers
Losers
Leaders

Stock	Price
Apna Microfin. / Jan 22 Apna Microfinance Bank Limited(AMBL)	10.49 ▲ 0.96 (10.07%)
Leather Up Ltd. / Jan 22 Leather Up Limited(LEUL)	27.57 ▲ 2.51 (10.02%)
Jah.Sidd. Co. / Jan 22 Jahangir Siddiqui & Co. Ltd.(JSCL)	24.29 ▲ 2.21 (10.01%)
Pak Elektron (Pref) / Jan 22 Pak Elektron Limited (Preference)(PELPS)	14.94 ▲ 1.36 (10.01%)
Ashfaq Textile / Jan 22 Ashfaq Textile Mills Limited(ASHT)	15.51 ▲ 1.41 (10.00%)
Crescent Cotton / Jan 22 Crescent Cotton Mills Limited(CCM)	54.45 ▲ 4.95 (10.00%)
Fecto Cement / Jan 22 Fecto Cement Limited(FECTC)	116.40 ▲ 10.58 (10.00%)
Fateh Sports / Jan 22 Fateh Sports Wear Limited(FSWL)	86.43 ▲ 7.86 (10.00%)
Pak Engineering / Jan 22 Pakistan Engineering Company Limited(PECO)	738.34 ▲ 67.12 (10.00%)

Stock	Price
First Capital Equities / Jan 22 First Capital Equities Limited(FCEL)	5.30 ▼ -0.70 (-11.67%)
Nagina Cot. / Jan 22 Nagina Cotton Mills Limited(NAGC)	49.95 ▼ -5.55 (-10.00%)
Zahid Jee Textile / Jan 22 Zahidjee Textile Mills Limited(ZAHID)	27.21 ▼ -3.00 (-9.93%)
Gulistan Sp. / Jan 22 Gulistan Spinning Mills Limited(GUSM)	11.58 ▼ -1.26 (-9.81%)
TPL Life Insur. / Jan 22 TPL Life Insurance Limited(TPLL)	51 ▼ -5.50 (-9.73%)
Masood Textile / Jan 22 Masood Textile Mills Limited(MSOT)	49.05 ▼ -5.27 (-9.70%)
Karam Ceramics / Jan 22 Karam Ceramics Limited(KCL)	55.98 ▼ -5.92 (-9.56%)
Mari Energies / Jan 22 Mari Energies Limited(MARI)	598 ▼ -61.53 (-9.33%)
Hala Enterprise / Jan 22 Hala Enterprises Limited(HAEL)	12.10 ▼ -1.21 (-9.09%)

Stock	Volume
Cnergyico PK / Jan 22 Cnergyico PK Limited(CNERGY)	114,034,653 ▲ 0.04
WorldCall Telecom / Jan 22 Worldcall Telecom Limited(WTL)	99,158,485 ▼ -0.07
Fauji Cement / Jan 22 Fauji Cement Company Limited(FCCL)	83,500,175 ▲ 3.03
Bank Makramah / Jan 22 Bank Makramah Limited(BML)	69,476,357 ▲ 0.02
Citi Pharma Ltd / Jan 22 Citi Pharma Ltd.(CPHL)	23,402,152 ▲ 3.23
Lotte Chemical / Jan 22 Lotte Chemical Pakistan Limited(LOTCHEM)	23,042,045 ▼ -0.08
Ghani Chem. Ind. / Jan 22 Ghani Chemical Industries Limited(GCIL)	21,938,589 ▲ 1.04
Power Cement / Jan 22 Power Cement Limited(POWER)	21,682,567 ▲ 0.10
Fauji Foods Ltd / Jan 22 Fauji Foods Limited(FFL)	18,601,390 ▼ -0.41

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