Trends - Middle East - Business Recorder

Middle East

After the gold rush: Asian, Mid-East sellers flood jewellery market

MUMBAI: As gold prices jump to successive highs, jewellers across Asia and the Middle East are grappling with...

Published 2 days ago

World

Trump envoy says US trying to win Iran’s trust

WASHINGTON: Donald Trump’s Middle East envoy Steve Witkoff said the US president was trying to head off armed...

Updated 22 Mar, 2025 04:24pm

Editorials

More uncertainty for Gulf region

EDITORIAL: As President Donald Trump’s restoration of the “maximum pressure” campaign against Iran, used in...

Published 17 Mar, 2025 06:12am

World

Hamas says ‘ball is in Israel’s court’ after hostage offer

GAZA CITY: Hamas said Saturday that “the ball is in Israel’s court” after offering to release an Israeli-US hostage...

Published 15 Mar, 2025 05:53pm

World

Trump envoy Witkoff plans Moscow visit this week to meet Putin

WASHINGTON: U.S. President Donald Trump’s special envoy, Steve Witkoff, plans a visit to Moscow to meet Russian...

Published 11 Mar, 2025 08:18am

World

UK, France, Italy, Germany hail Arab plan to rebuild for Gaza

BERLIN: Britain, France, Germany and Italy on Saturday backed a proposal by Muslim-majority nations to rebuild Gaza...

Published 09 Mar, 2025 05:17am

Sisi’s initiative: Pakistan supports AL’s endorsement

ISLAMABAD: Prime Minister Shehbaz Sharif expressed his support on Wednesday for Arab League’s endorsement of...

Updated 06 Mar, 2025 09:03am

World

Arabs endorse plan to rebuild Gaza under PA

CAIRO: Arab leaders endorsed on Tuesday a plan to rebuild the Gaza Strip under the future administration of the...

Published 06 Mar, 2025 06:42am

Opinion

Pakistan’s strategic location: fact-check

Pakistan’s strategic location at the crossroads of South Asia, Central Asia, and the Middle East undoubtedly makes...

Updated 01 Mar, 2025 06:55am

World

Trump envoy says headed to Middle East this week to discuss Gaza peace deal

WASHINGTON: US President Donald Trump’s envoy Steve Witkoff said on Sunday that he was headed to the Middle East...

Published 23 Feb, 2025 07:56pm

World

Iran will not hesitate to defend its nuclear programme, foreign ministry says

DUBAI: Iran has defended its nuclear programme and will not be hesitant to continue doing so, Iran’s foreign...

Published 17 Feb, 2025 01:52pm

World

Netanyahu says with US support Israel can ‘finish the job’ against Iran

Says Iran must not have nuclear weapons

Updated 16 Feb, 2025 10:42pm

Editorials

Shameless arrogance

EDITORIAL: The US and Israel’s plan to expel Gaza Palestinians from their ancestral lands has rallied regional...

Published 15 Feb, 2025 06:22am

World

Senior Arab officials warn that Trump Gaza plan would inflame Middle East

DUBAI: US President Donald Trump’s plan to take over Gaza and resettle Palestinians, which has drawn global...

Published 12 Feb, 2025 04:23pm

Pakistan

World Government Summit in Dubai: Pakistan, Bosnia & Herzegovina pledge stronger ties

DUBAI: Prime Minister Shehbaz Sharif on Tuesday met with Chairperson of the Presidency of Bosnia and Herzegovina...

Published 12 Feb, 2025 06:17am

Govt working with UAE, KSA to extract mineral resources: PM

KARACHI: Prime Minister Shehbaz Sharif Monday revealed that Pakistan was working together with the United Arab...

Updated 11 Feb, 2025 04:15pm

Pakistan

Pakistan again advocates independent Palestinian state

ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar said that Pakistan will continue to support the...

Published 10 Feb, 2025 06:32am

Markets

Gulf markets end mixed amid renewed tariff threats

DUBAI: Stock markets in the Gulf ended mixed on Sunday as investors grew anxious about President Donald Trump’s...

Published 10 Feb, 2025 05:35am

Pakistan

Dar reaffirms backing for Palestinian statehood in talks with Iran’s FM

Two leaders discuss the escalating crisis in the Middle East with a particular focus on the ongoing suffering of Palestinians in Gaza

Updated 09 Feb, 2025 11:47pm

Editorials

Absurd rhetoric

EDITORIAL: President Donald Trump’s shock announcement at a White House press conference with Israeli Prime...

Published 08 Feb, 2025 07:04am

Trump’s Gaza proposal rejected by Pakistan

ISLAMABAD: Pakistan has firmly rejected a proposal put forth by US President Donald J Trump regarding the...

Updated 07 Feb, 2025 08:35am

World

Trump proposes permanent displacement of Gazans with Netanyahu at White House

Netanyahu first foreign leader to see Trump in 2nd term
Gaza ceasefire, Iran, Israel-Saudi normalization on agenda
Talks held at critical juncture for Middle East

Published 05 Feb, 2025 05:41am

Editorials

Beggar mafias

EDITORIAL: It has been going on for quite some time. As part of an organised activity men and women using pilgrim...

Published 03 Feb, 2025 06:41am

World

Turkiye could accept some Palestinians freed by Israel: FM

DOHA: Turkiye could take in some Palestinian prisoners freed by Israel under the terms of its ceasefire deal with...

Published 02 Feb, 2025 05:51pm

World

Five Arab foreign ministers reject forced displacement of Palestinians

CAIRO: Top diplomats from Egypt, Jordan, the United Arab Emirates, Saudi Arabia and Qatar rejected any forcible...

Published 01 Feb, 2025 08:26pm

Pakistan

Pakistan Pavilion at Arab Health 2025 inaugurated

KARACHI: Ambassador of Pakistan to the UAE inaugurated the Pakistan Pavilion at Arab Health 2025 at Za’abeel Hall...

Published 28 Jan, 2025 07:54am

Life & Style

Content creators become focus, eligible for Dubai golden visa as city looks to attract 10,000 influencers

DUBAI: In an effort to attract 10,000 influencers to the city and position itself as a prime destination for digital...

Published 28 Jan, 2025 06:45am

Opinion

Gaza ceasefire

President Trump has expressed doubt that the Israel-Gaza ceasefire will hold, stating, “That’s not our war;...

Updated 24 Jan, 2025 07:50am

World

Gaza ceasefire traps Netanyahu between Trump and far-right allies

JERUSALEM: Even before it was signed, the Gaza ceasefire forced Israeli Prime Minister Benjamin Netanyahu into a...

Published 23 Jan, 2025 04:46pm

World

Marco Rubio discusses Middle East, Indo-Pacific with Indonesian foreign minister

JAKARTA: The new United States Secretary of State Marco Rubio spoke with Indonesian Foreign Minister Sugiono, the US...

Published 23 Jan, 2025 11:38am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 25	280.52
USD PKR Interbank Buying / Mar 25	280.27
USD to Japanese Yen / Mar 25	150.44
USD to Swiss Franc / Mar 25	0.88
Pound Sterling to USD / Mar 25	1.29
Euro to USD / Mar 25	1.08
UK LIBOR % / Mar 25	4.96

Stock	Volume
S&P 500 / Mar 25	5,776.65
India Sensex / Mar 25	78,876.83
Tokyo Nikkei / Mar 25	37,938.34
Nasdaq / Mar 25	18,271.86
Hang Seng / Mar 25	23,409.08
FTSE 100 / Mar 25	8,663.80
Dow Jones / Mar 25	42,587.50
Germany DAX 30 / Mar 25	23,109.79
France CAC40 / Mar 25	8,108.59

Item	Value
Crude Oil USD/Barrel / Mar 25	69.19
Karachi Cotton PKR/37.32 KG / Mar 25	17,085
Gold 10 Grams PKR / Mar 25	272,462
Gold Spot USD/Ounce / Mar 25	3,017.63
Cotton US¢/pound / Mar 25	65.24
Petrol/Litre / Mar 26	255.63
Diesel/Litre / Mar 26	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 26 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	3.01 ▲ 1 (49.75%)
Sec. Inv. Bank / Mar 26 Security Investment Bank Limited(SIBL)	9.99 ▲ 1 (11.12%)
Zephyr Textile / Mar 26 Zephyr Textiles Limited(ZTL)	11.40 ▲ 1.04 (10.04%)
Leiner Pak Gelat / Mar 26 Leiner Pak Gelatine Limited(LPGL)	110.80 ▲ 10.07 (10%)
Philip Morris Pak. / Mar 26 Philip Morris (Pakistan) Limited(PMPK)	737.77 ▲ 67.07 (10%)
Data Agro / Mar 26 Data Agro Limited(DAAG)	96.62 ▲ 8.78 (10%)
Baba Farid Sugar / Mar 26 Baba Farid Sugar Mills Limited(BAFS)	58.44 ▲ 5.31 (9.99%)
Crescent Fib. / Mar 26 Crescent Fibres Limited(CFL)	45.70 ▲ 4.14 (9.96%)
Popular Islamic / Mar 26 Popular Islamic Modaraba(PIM)	14.48 ▲ 1.31 (9.95%)
The Thal Ind.Corp. / Mar 26 The Thal Industries Corporation Limited(TICL)	340 ▲ 30.55 (9.87%)

Stock	Price
Elahi Cot. / Mar 26 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Power Cem(Pref) / Mar 26 Power Cement (Pref)(POWERPS)	12.95 ▼ -1.38 (-9.63%)
Atlas Ins. Ltd / Mar 26 Atlas Insurance Limited(ATIL)	58.50 ▼ -5.48 (-8.57%)
Bela Auto / Mar 26 Bela Automotives Limited(BELA)	167 ▼ -14.94 (-8.21%)
Kohat Textile / Mar 26 Kohat Textile Mills Limited(KOHTM)	28.15 ▼ -2.4 (-7.86%)
Jubilee Spinning / Mar 26 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.88 ▼ -0.89 (-7.56%)
Frontier Ceram / Mar 26 Frontier Ceramics Limited(FRCL)	22.40 ▼ -1.82 (-7.51%)
Noon Sugar / Mar 26 Noon Sugar Mills Limited(NONS)	73.62 ▼ -5.95 (-7.48%)
PIA Holding Co.B / Mar 26 PIA Holding Company Limited B(PIAHCLB)	900.16 ▼ -71.96 (-7.4%)
UDL International / Mar 26 UDL International Limited(UDLI)	7.11 ▼ -0.53 (-6.94%)

Stock	Volume
Pak Elektron / Mar 26 Pak Elektron Limited(PAEL)	29,093,385 ▲ 1.6
P.S.O. / Mar 26 Pakistan State Oil Company Limited(PSO)	26,846,685 ▲ 1.38
TRG Pak Ltd / Mar 26 TRG Pakistan Limited(TRG)	22,825,615 ▼ -0.92
Cnergyico PK / Mar 26 Cnergyico PK Limited(CNERGY)	17,176,390 ▲ 0.07
B.O.Punjab / Mar 26 The Bank of Punjab(BOP)	16,063,012 ▼ -0.18
Pak Petroleum / Mar 26 Pakistan Petroleum Limited(PPL)	15,868,233 ▲ 7.49
Engro Fert. / Mar 26 Engro Fertilizers Limited(EFERT)	14,391,574 ▼ -1.85
WorldCall Telecom / Mar 26 Worldcall Telecom Limited(WTL)	12,412,844 ▲ 0.01
TPL REIT Fund I / Mar 26 TPL REIT Fund I(TPLRF1)	11,002,839 ▲ 0.06
Fauji Cement / Mar 26 Fauji Cement Company Limited(FCCL)	10,156,162 ▲ 1.41

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