Trends - Pakistan and Saudi Arabia

Pakistan and Saudi Arabia

$2.8bn KSA investment: PM pleased with implementation of MoUs

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday expressed satisfaction over implementation of recently signed...

Published 20 Nov, 2024 06:45am

Business & Finance

Policy rate reduction to boost business activities, exports: PM Shehbaz

Prime Minister Shehbaz Sharif said Monday a reduction in the policy rate will boost business activities, exports,...

Updated 04 Nov, 2024 10:54pm

Business & Finance

Chairman APCPLA praises Pak-KSA agreement

FAISALABAD: Chairman All Pakistan Cotton Power Looms Association (Registered) Chaudhry Khalid Mehmood Cheema has...

Updated 03 Nov, 2024 08:11am

Business & Finance

Lahore and Riyadh: Fly Jinnah expands its international network with new flights

KARACHI: Fly Jinnah, Pakistan’s low-cost carrier, announces the expansion of its international network with the...

Published 01 Nov, 2024 08:06am

Pakistan

Pakistan, Vietnam vow to strengthen ties

PM Shehbaz Sharif and his Vietnamese counterpart Pham Minh Chinh discuss ways to strengthen bilateral relations

Updated 30 Oct, 2024 09:04pm

Pakistan

Additional MoUs: Saudi Arabia, Pakistan enhance scope of partnership to $2.8bn

Saudi Arabia Minister for Investment says seven additional MoUs signed

Updated 30 Oct, 2024 09:21pm

Business & Finance

7th meeting of Pak-KSA Bilateral Defence Industrial Forum held

RAWALPINDI: The 7th meeting of the Pakistan-KSA Bilateral Defence Industrial Forum was successfully held in Riyadh ...

Published 13 Oct, 2024 06:46am

Business & Finance

Round Table Ministerial Conference: KSA, Pakistan discuss ways and means to strengthen ties in relation to G2G activities

ISLAMABAD: During the visit of Saudi Business delegates headed by KSA Minister for Investment Sheikh Khalid Bin ...

Published 12 Oct, 2024 06:17am

Business & Finance

Pak-Saudi business forum 2024: Minister gives overview of investment opportunities

ISLAMABAD: Federal Minister for Petroleum Dr Musadik Malik addressing the Pak-Saudi business forum 2024 gave an...

Published 11 Oct, 2024 06:30am

Saudi team meets army chief

ISLAMABAD: Chief of Army Staff (COAS) General Asim Munir, on Thursday, assured a visiting Saudi delegation of...

Updated 11 Oct, 2024 09:15am

Pakistan, Saudi Arabia sign MoUs worth $2.2bn

ISLAMABAD: Pakistan and Saudi Arabia on Thursday signed 27 Memorandum of Understandings (MoUs) valuing US $2.2...

Updated 11 Oct, 2024 09:14am

Pakistan, KSA vow to enhance cooperation in multiple sectors

ISLAMABAD: Pakistan and Saudi Arabia vowed to enhance cooperation in economic activates, trade, agriculture, mining...

Updated 11 Oct, 2024 08:52am

Markets

Saudi Arabia, Pakistan to sign Barrick deal in few weeks, says Al Faleh

Eager to start number of mining initiatives but hope to close Reko Diq project with Pakistan's SOEs and Barrick Gold in the coming weeks, says Saudi Arabia Minister for Investment

Updated 10 Oct, 2024 11:59pm

Pakistan

COAS Munir, Saudi investment minister discuss initiatives to strengthen bilateral cooperation

Chief of Army Staff (COAS) General Asim Munir and Saudi Arabia’s Minister of Investment His Excellency Khalid Bin...

Updated 10 Oct, 2024 07:07pm

Pakistan

Pakistan’s remittance inflow stands at $2.85bn in September 2024, up 29% year-on-year

Amount marginally lower than in August 2024
During 3MFY25, remittances up nearly 39% YoY to $8.8 billion as compared to $6.3 billion in 3MFY24

Updated 09 Oct, 2024 10:51pm

32 top Saudi cos’ team due today

Pakistan estimates investment of up to $15-20 billion from Saudi Arabia in different sectors/fields including purchase of public sector entities or share purchase

Updated 09 Oct, 2024 10:26am

Business & Finance

Governor meets Saudi ambassador, seeks investment

LAHORE: Ambassador of the Kingdom of Saudi Arabia, Nawaf bin Saeed Al Maliki called on Punjab Governor, Sardar ...

Published 02 Jun, 2024 02:53am

Pakistan

In call with Saudi counterpart, FM Dar ‘reviews preparations’ for crown prince’s visit: FO

Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar reviewed preparations for the visit of Crown...

Published 19 May, 2024 10:11pm

Perspectives

The revolving door of instability in Pakistan

The current state of affairs in Pakistan is deeply concerning as the country appears to be slipping back into...

Published 16 May, 2024 08:34pm

Pakistan

High-level Saudi team’s visit concludes on positive note

ISLAMABAD: Ibrahim Almubarak, Deputy Investment Minister of Saudi Arabia on Tuesday concluded a three-day visit to...

Published 08 May, 2024 06:43am

Pakistan

MBS may arrive next week

ISLAMABAD: Saudi Crown Prince Mohammed bin Salman is expected to arrive next week for crucial talks with Pakistani...

Published 07 May, 2024 06:05am

Saudi business team arrives

ISLAMABAD: A high-level Saudi business delegation arrived in Pakistan on Sunday with the aim of signing agreements...

Updated 06 May, 2024 08:59am

Pakistan

‘Investment talks’: high-level Saudi business delegation lands in Pakistan

Talks scheduled in various sectors of economy and some progress also expected on govt-to-business and govt-to-govt deals, Islamabad says

Updated 05 May, 2024 10:00pm

Pakistan

High-level Saudi business delegation to arrive in Pakistan tomorrow

Trade delegation will comprise officials from 30 companies representing a range of sectors, including technology, energy, aviation, mining, and human resources

Updated 04 May, 2024 10:49pm

Saudi investment, projects: PM reviews progress

ISLAMABAD: Prime Minister Shehbaz Sharif on Friday chaired a high-level review meeting regarding the progress of...

Updated 04 May, 2024 07:24pm

Pakistan

Reforms in FBR government’s top priority: Law Minister

Azam Nazeer Tarar says FBR restructuring aims to enhance the organisation's efficacy and governance

Updated 02 May, 2024 10:41pm

PM holds talks with Saudis on investment, business prospects

Saudi minister for finance says a delegation of Saudi investors would soon visit Pakistan

Updated 29 Apr, 2024 09:23am

Aurangzeb says mulling introducing digital currency potential

RIYADH: Federal Minister for Finance Muhammad Aurangzeb said on Sunday that his government was considering taking an...

Updated 29 Apr, 2024 08:56am

Pakistan

FM Dar assures full facilitation to Saudi Arabia for its investments in Pakistan

FM says Saudi investments will be handled with utmost respect

Updated 16 Apr, 2024 09:39pm

Pakistan

PM Shehbaz stresses need to fast-track first phase of Saudi investments

Meets delegation led by Saudi Arabia Foreign Minister Prince Faisal bin Farhan Al Saud

Updated 16 Apr, 2024 10:22pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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Pakistan and Saudi Arabia

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