Trends - Saudi Arabia - Business Recorder

Saudi Arabia

Saudi Arabia strengthening economic transformation plan, finance minister says

RIYADH: Saudi Arabia is strengthening its commitment to a plan designed to wean the economy off oil, its finance...

Published 31 Oct, 2024 07:43am

Business & Finance

KSA adds $600m to $2.2bn investment

RIYADH: The Kingdom of Saudi Arabia on Wednesday announced to add another $600 million to its recently announced ...

Published 31 Oct, 2024 06:18am

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

World

Saudi minister says reforms ‘on track’ despite ‘challenges’

RIYADH: Saudi Arabia’s finance minister said Wednesday that the Gulf kingdom’s sweeping plans to wean its economy...

Published 30 Oct, 2024 02:43pm

World

Elon Musk warns Saudis of dangers of ‘woke’ AI

RIYADH: Billionaire Elon Musk on Tuesday warned a Saudi investor forum about the dangers of artificial intelligence...

Published 30 Oct, 2024 06:32am

World

Saudi Arabia says 540 companies have chosen kingdom for regional headquarters

RIYADH: Saudi Arabia’s investment minister said on Tuesday the number of companies in the kingdom with a regional...

Published 29 Oct, 2024 04:54pm

Business & Finance

Financial, technology leaders attend Saudi investment conference

RIYADH/LONDON: Prominent leaders from the business, technology and financial world turned out to address a key...

Published 29 Oct, 2024 03:02pm

Pakistan

PM Shehbaz to attend Future Investment Initiative in Saudi Arabia on October 29-30: FO

Premier expected to hold important bilateral talks with Saudi Crown Prince Mohammed bin Salman and other senior Saudi officials, foreign office says

Updated 28 Oct, 2024 10:07pm

World

Saudi opens resort island at futuristic mega-city

RIYADH: Saudi Arabia’s planned futuristic mega-city known as NEOM announced on Sunday the opening of its “first...

Published 27 Oct, 2024 10:43pm

World

Gulf warns over Israeli ‘escalation’

RIYADH, (Saudi Arabia): Saudi Arabia led Gulf warnings on Saturday of Israeli “escalation”, after Israel struck...

Published 27 Oct, 2024 02:44am

World

Saudi Arabia condemns Israeli strikes on Iran

RIYADH: Saudi Arabia condemned Israeli strikes on military targets in Iran on Saturday, warning against any further...

Updated 26 Oct, 2024 08:30pm

World

Global financiers head to Riyadh investment bash in shadow of war

DUBAI: Global financiers are poised to flock to Saudi Arabia’s annual flagship investment conference next week as a...

Published 24 Oct, 2024 08:32pm

World

Antony Blinken heads to Hamas mediator Qatar on Gaza truce push

RIYADH: US Secretary of State Antony Blinken heads Thursday to key Hamas mediator Qatar as he seeks momentum to end...

Published 24 Oct, 2024 11:42am

World

Blinken on new quest for Saudi ties with Israel

RIYADH: US Secretary of State Antony Blinken on Wednesday sought to make headway with Saudi Arabia on normalisation...

Published 24 Oct, 2024 06:49am

Markets

Pakistan to explore international capital markets in due course, says Aurangzeb

Finance minister briefs CitiBank delegation on government reforms

Updated 23 Oct, 2024 11:24pm

World

Iran, Saudi plan joint military exercises: Iranian media

TEHRAN: Iran and Saudi Arabia are planning to conduct joint military exercises in the Red Sea, according to an...

Published 22 Oct, 2024 11:52pm

World

IMF lowers Saudi Arabia’s 2024 growth forecast to 1.5%

ABU DHABI: The International Monetary Fund further lowered its GDP growth forecast for Saudi Arabia for 2024 to 1.5%...

Published 22 Oct, 2024 07:06pm

World

UK-based dissident can sue Saudi Arabia for alleged spyware, court rules

LONDON: A prominent Saudi dissident who accuses Saudi Arabia of targeting him with spyware can sue the kingdom in...

Published 22 Oct, 2024 06:33am

World

Retailer Carrefour reviewing work practices at Saudi partner after Amnesty raises concerns

PARIS: French supermarket retailer Carrefour said on Monday it is reviewing how staff are treated at Majid Al...

Updated 21 Oct, 2024 11:13pm

World

Hezbollah says it will escalate war with Israel after Hamas leader killed

OCCUPIED JERUSALEM/CAIRO: Lebanon’s Hezbollah group said on Friday it was moving to a new and escalating phase in...

Published 18 Oct, 2024 11:17am

Markets

Saudi Arabia’s crude oil exports in August hit one-year low

Saudi Arabia’s crude oil exports in August fell to their lowest level in a year, data from the Joint Organizations...

Published 17 Oct, 2024 03:27pm

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

Saudi eyes electric jets to reach Makkah, new resorts

RIYADH: Saudi Arabia’s flag carrier is turning to a cash-strapped German firm for electric jets to service routes...

Published 15 Oct, 2024 06:47am

Business & Finance

KSA investment minister, 130 investors attend business conference

ISLAMABAD: Under the leadership of Saudi Arabia’s Investment Minister Sheikh Khalid Bin Abdul Aziz Al Faleh, 130...

Published 11 Oct, 2024 06:30am

Business & Finance

Investment from Saudi Arabia will be a game changer: LCCI

LAHORE: The Lahore Chamber of Commerce on Wednesday appreciated the government for paving the way for investment ...

Published 10 Oct, 2024 03:03am

World

Gulf states must not allow use of airspace against Iran, Iranian official says

Tehran has told Gulf Arab states it would be “unacceptable” if they allowed use of their airspace or military bases...

Published 09 Oct, 2024 01:25pm

World

Saudi buys chunk of department store group Selfridges

LONDON: Saudi Arabia’s sovereign wealth fund said it will buy 40 percent of luxury department-store group...

Published 09 Oct, 2024 06:26am

World

In Jerusalem, US Senator Graham urges Israel-Saudi normalisation before year end

JERUSALEM: Prominent US Republican Senator Lindsey Graham urged Saudi Arabia and Israel on Tuesday to establish...

Published 08 Oct, 2024 05:49pm

Pakistan

Pakistan to sign agreements worth $2bn with Saudis, PM Shehbaz Sharif says

The Saudi delegation is expected to visit Pakistan before Shanghai Cooperation Organisation meeting

Updated 08 Oct, 2024 10:23pm

World

Kushner has discussed US-Saudi diplomacy with Saudi crown prince

WASHINGTON: Jared Kushner, son-in-law of former US President Donald Trump, has discussed US-Saudi diplomatic...

Published 04 Oct, 2024 06:01pm

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	153.33
USD to Swiss Franc / Oct 30	0.87
Pound Sterling to USD / Oct 30	1.30
Euro to USD / Oct 30	1.08

Stock	Volume
S&P 500 / Oct 29	5,823.92
Nasdaq / Oct 29	18,712.75
Dow Jones / Oct 29	42,233.05
India Sensex / Oct 30	80,261.31
Tokyo Nikkei / Oct 30	39,277.39
Hang Seng / Oct 30	20,369.49
FTSE 100 / Oct 30	8,198.17
Germany DAX 30 / Oct 30	19,360.95

Item	Value
Karachi Cotton PKR/37.32 KG / Oct 29	18,085
Gold 10 Grams PKR / Oct 29	244,342
Crude Oil USD/Barrel / Oct 30	67.79
Gold Spot USD/Ounce / Oct 30	2,787.26
Cotton US¢/pound / Oct 30	70.63
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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