Trends - Middle East - Business Recorder

Middle East

New Hezbollah chief open to truce with Israel if offer is made

BEIRUT: Hezbollah’s new leader says the beleaguered Lebanese group could agree to a ceasefire under certain terms,...

Published 31 Oct, 2024 06:18am

Business & Finance

World Bank expects oil glut to cause commodity price slump

WASHINGTON: Global commodity prices should fall to a five-year low next year thanks to a huge oil glut, the World...

Published 30 Oct, 2024 06:32am

World

Iranian officials to determine how to respond to Israel, Supreme Leader says

Israeli attack should neither be downplayed nor exaggerated, says Ayatollah Ali Khamenei

Updated 27 Oct, 2024 10:30pm

Pakistan

PM welcomes Palestinian medical students, vows to facilitate them in pursuing their studies

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday welcomed Palestinian medical students who recently arrived in...

Published 24 Oct, 2024 07:19am

World

Antony Blinken heads to Israel to revive Gaza ceasefire talks after Sinwar death

TEL AVIV: US Secretary of State Antony Blinken arrives in Israel on Tuesday, the first stop of a wider Middle East...

Published 22 Oct, 2024 12:02pm

Business & Finance

Asia Rising: Dubai’s transformation to becoming tech hub draws parallel with Silicon Valley and Bengalaru

DUBAI: Drawing parallels with India’s Bengaluru and Silicon Valley in the US, speakers highlighted Dubai’s rapid...

Published 22 Oct, 2024 06:33am

Markets

Oil prices gain, recouping some of last week’s 7% loss

Brent crude futures up 58 cents, or 0.79%, at $73.63 a barrel

Updated 21 Oct, 2024 10:21pm

Opinion

‘Trump’s election: plunging Middle East into a World War Zone’

This is apropos two back-to-back letters to the Editor carried by the newspaper these days. A conflict involving...

Published 21 Oct, 2024 06:54am

World

G7 defence summit considers Gaza, Lebanon as conflicts rage

NAPLES, (Italy): G7 defence ministers convened Saturday against a backdrop of escalation in the Middle East and...

Published 20 Oct, 2024 05:51am

Opinion

‘Trump’s election: plunging Middle East into a World War Zone’

This is apropos a letter to the editor carried by the newspaper yesterday. Russia has a significant military ...

Published 20 Oct, 2024 05:51am

Opinion

Trump’s election: Plunging Middle East into a World War Zone

This is apropos a letter to the Editor carried by the newspaper recently. To validate his pro-Israeli stand, Donald...

Published 19 Oct, 2024 06:48am

World

Biden heads to Germany to discuss Ukraine, Middle East

WASHINGTON: US President Joe Biden took off Thursday on a swift farewell trip to Germany, for talks with allies to...

Published 17 Oct, 2024 07:29pm

World

Middle East crisis top-of-mind at first EU-Gulf summit

BRUSSELS: Gulf leaders including Saudi Crown Prince Mohammed bin Salman met with European heads of state and...

Published 17 Oct, 2024 07:48am

World

Britain calls UN meeting on Gaza, may sanction ministers

LONDON: Britain and France have called an urgent meeting at the United Nations Security Council to discuss the...

Published 16 Oct, 2024 05:20pm

World

Saudi crown prince in Brussels for first EU-Gulf summit

BRUSSELS: Gulf leaders including Saudi Crown Prince Mohammed bin Salman gather with EU heads of state and government...

Published 16 Oct, 2024 02:59pm

World

Turkey urges ‘sanctions’ against Israel

ANKARA: Turkey’s foreign minister on Tuesday called for sanctions against Israel, urging the international...

Published 16 Oct, 2024 06:58am

Opinion

Trump’s election: plunging Middle East into a World War Zone

Donald Trump is focusing on predominantly white voters, wealthy corporations, and influential lobbies, especially...

Published 16 Oct, 2024 06:58am

World

Iran says ‘no grounds’ for indirect talks with US

TEHRAN: Iran said Monday it currently sees “no grounds” for its indirect talks with the United States via...

Published 14 Oct, 2024 05:12pm

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

UK’s David Lammy to press for ceasefires in Mideast visit

LONDON: Foreign Secretary David Lammy warned on Wednesday that countries “must not waver” as they work towards...

Published 09 Oct, 2024 11:59am

Markets

India prepared to handle oil supply hit from Middle East conflict, oil minister says

NEW DELHI: India will be able to navigate through any hit to oil supplies from the potential widening of the Middle...

Published 07 Oct, 2024 06:58pm

World

Saudi King Salman to undergo medical tests for lung inflammation

RIYADH: Saudi King Salman will undergo medical tests on Sunday evening for lung inflammation, the state news agency...

Published 07 Oct, 2024 06:48am

World

Global pro-Palestinian rallies call for end to Gaza bloodshed as Oct 7 anniversary approaches

About 40,000 demonstrators march through central London while thousands gather in Paris, Rome, Manila, Cape Town and New York City

Updated 06 Oct, 2024 07:39pm

Editorials

Terrifying tit-for-tat in the Middle East

EDITORIAL: All things considered; it was only a matter of time before Iran responded to Israel’s deliberate...

Updated 05 Oct, 2024 07:48am

World

Israeli strike closes off road used to flee Lebanon, transport minister says

WASHINGTON/BEIRUT/OCCUPIED JERUSALEM: An Israeli strike on Friday morning near Lebanon’s Masnaa border crossing with...

Published 04 Oct, 2024 11:28am

World

Arab states seek to reassure Iran of their neutrality

DUBAI: Gulf Arab states sought to reassure Iran of their neutrality in the conflict between Tehran and Israel in...

Published 04 Oct, 2024 06:46am

World

Biden says ‘discussing’ possible Israeli strikes on Iran oil facilities

His comments send oil prices spiking a month before US presidential election

Updated 03 Oct, 2024 09:54pm

World

Emirates halts Iran, Iraq, Jordan flights over ‘regional unrest’

DUBAI: Dubai-based Emirates Thursday cancelled flights to Iraq, Iran and Jordan for three days over “regional...

Published 03 Oct, 2024 06:57pm

World

China urges UN Security Council to de-escalate Middle East crisis

HONG KONG: China called on the United Nations Security Council to take “urgent actions” to de-escalate the situation...

Published 03 Oct, 2024 12:18pm

Pakistan

Iran-Israel conflict: Islamabad calls for prioritising ME peace

ISLAMABAD: As Iran has launched missile attacks on Israel, Pakistan on Wednesday expressed deep concerns over the...

Published 03 Oct, 2024 07:43am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 30	277.85
USD PKR Interbank Buying / Oct 30	277.65
USD to Japanese Yen / Oct 30	153.03
USD to Swiss Franc / Oct 30	0.87
Pound Sterling to USD / Oct 30	1.29
Euro to USD / Oct 30	1.08

Stock	Volume
S&P 500 / Oct 30	5,813.67
India Sensex / Oct 30	79,850.58
Tokyo Nikkei / Oct 30	39,116.79
Nasdaq / Oct 30	18,607.93
Hang Seng / Oct 30	20,489.06
FTSE 100 / Oct 30	8,159.63
Dow Jones / Oct 30	42,141.54
Germany DAX 30 / Oct 30	19,257.34

Item	Value
Crude Oil USD/Barrel / Oct 30	68.95
Karachi Cotton PKR/37.32 KG / Oct 30	18,085
Gold 10 Grams PKR / Oct 30	246,403.40
Gold Spot USD/Ounce / Oct 30	2,786.14
Cotton US¢/pound / Oct 30	69.88
Petrol/Litre / Oct 31	247.03

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 31 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 31 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 31 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 31 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 31 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 31 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 31 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 31 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 31 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 31 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 31 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 31 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 31 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 31 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 31 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 31 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 31 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 31 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 31 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 31 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 31 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 31 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 31 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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