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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 / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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