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Saudi Arabia

Saudi Arabia was top buyer of Russian fuel oil and VGO in November

MOSCOW: Saudi Arabia was the top destination for Russian sea-borne fuel oil and vacuum gasoil (VGO) exports in...

Published 24 Dec, 2024 06:33am

Markets

Middle East share of India’s Nov oil imports at 9-mth high; Russia down

NEW DELHI: India’s November crude imports showed Middle Eastern oil at a 9-month high while Russia accounted for its...

Published 23 Dec, 2024 02:13pm

Markets

Saudi Arabia crude exports reach four-month high in Oct

Saudi Arabia’s crude oil exports in October rose to their highest level in four months, data from the Joint...

Published 18 Dec, 2024 03:08pm

World

Scrambling to save energy, Tehran turns off highway lights

TEHRAN: Iranian authorities have turned off lights illuminating Tehran’s highways, an official has told state media,...

Published 18 Dec, 2024 02:15pm

Business & Finance

Dubai-Riyadh 6th busiest international travel route as Asian business hubs dominate

DUBAI: Asian business hubs dominated international flight traffic in 2024 with 7 of the top 10 international busiest...

Published 18 Dec, 2024 06:37am

Pakistan

Pakistan, KSA agree to take steps for narcotics control

Pakistan and Saudi Arabia on Monday agreed to improve narcotics control measures under bilateral cooperation, the...

Published 16 Dec, 2024 07:20pm

Markets

Saudi Arabia buys 804,000 T of wheat in tender, GFSA says

HAMBURG: Saudi Arabia’s main state wheat buying agency the General Food Security Authority (GFSA) said on Monday it...

Published 16 Dec, 2024 01:43pm

World

Saudi Arabia calls Israeli Golan plan ‘sabotage’ of Syria

RIYADH: Saudi Arabia on Sunday condemned as “sabotage” of Syria an Israeli plan to double the population of the...

Published 16 Dec, 2024 06:08am

Business & Finance

Saudi Arabia’s inflation reaches 2% in November

RIYADH: Saudi Arabia’s annual inflation rate continued to slowly accelerate, hitting 2% in November compared to 1.9%...

Published 15 Dec, 2024 12:41pm

World

World falls short of drought deal at Saudi-hosted talks

RIYADH, (Saudi Arabia): Negotiators failed to produce an agreement on how to respond to drought at Saudi-hosted UN...

Published 15 Dec, 2024 02:50am

Markets

Saudi Arabia tenders for estimated 595,000 tons wheat

HAMBURG: Saudi Arabia’s state purchasing agency, the General Food Security Authority (GFSA), has issued an...

Published 12 Dec, 2024 01:47pm

Sports

2034 World Cup in Saudi Arabia puts lives at risk: AI, other rights groups

PARIS: FIFA’s decision to award the 2034 World Cup to Saudi Arabia puts the lives of construction workers at risk...

Published 12 Dec, 2024 06:01am

Sports

FIFA confirms Saudi Arabia as 2034 World Cup host

LAUSANNE: FIFA on Wednesday confirmed that Saudi Arabia will host the 2034 World Cup, underlining the Gulf kingdom’s...

Updated 12 Dec, 2024 12:01am

Sports

FIFA to confirm 2030 World Cup hosts and hand Saudi 2034 tournament

LAUSANNE: FIFA will confirm the hosts of the 2030 and 2034 World Cups on Wednesday, with a joint bid led by Morocco,...

Published 10 Dec, 2024 07:25pm

World

Israeli troops near Damascus, say Syrian security, after Israeli airtsikes hit Syrian bases

DAMASCUS/NEW YORK: An Israeli military incursion into Syria has reached about 25 km (16 miles) southwest of...

Published 10 Dec, 2024 03:40pm

World

Syria’s rebels work to form government, restore order after Assad ouster

DAMASCUS/NEW YORK: The lightning overthrow of President Bashar al-Assad left Syrians, countries in the region and...

Published 10 Dec, 2024 11:15am

Markets

Saudi Arabia cuts crude oil prices for Asia amid nascent demand recovery: Russell

LAUNCESTON: It’s always tempting to try and over-analyse changes in the crude oil market and Saudi Arabia’s decision...

Published 09 Dec, 2024 11:44am

Business & Finance

Saudi Arabia’s GDP grows by 2.8% in third quarter

Saudi Arabia’s economy grew 2.8% in the third quarter from the same period a year earlier, supported by an increase...

Published 08 Dec, 2024 12:27pm

Business & Finance

Riyadh extends $3bn deposits term by 1 year

KARACHI: In a significant move, Saudi Arabia has extended the term of its $3 billion deposits with Pakistan for an...

Published 06 Dec, 2024 06:58am

Business & Finance

Saudi non-oil business activity lifted by stronger demand in Nov, PMI shows

ABU DHABI: Saudi Arabia’s non-oil business sector grew in November at the fastest rate since July 2023 thanks to...

Published 03 Dec, 2024 12:21pm

World

Saudi prince discusses ‘new crises’ in long-awaited UAE visit

DUBAI: Saudi Arabia’s de facto ruler discussed “new crises” in the Middle East with the UAE’s president during his...

Published 02 Dec, 2024 05:04pm

World

UN calls for $2.6 trillion investment to reverse land degradation

RIYADH: Restoring the world’s degraded land and holding back its deserts will require at least $2.6 trillion in...

Published 02 Dec, 2024 11:37am

Sports

Saudi Arabia 2034 World Cup bid ‘medium risk’ for human rights: FIFA

PARIS: Saudi Arabia’s bid to host the 2034 World Cup was considered “medium risk” for human rights by FIFA in its...

Published 30 Nov, 2024 06:53pm

World

Saudi Arabia abandons pursuit of US defence treaty over Israel stalemate

RIYADH: Saudi Arabia has abandoned its pursuit of an ambitious defence treaty with Washington in return for...

Published 29 Nov, 2024 08:21pm

Markets

OPEC+ meeting postponed to December 5

VIENNA: The ministerial meeting of the OPEC+ alliance initially scheduled for Sunday has been pushed back to...

Published 28 Nov, 2024 02:02pm

Budgeted $9bn time deposits: EAD says country gets no amount in Jul-Oct FY25

Government budgeted $3 billion time deposit for the last fiscal year 2023-24 including $2 billion from Saudi Arabia and one billion from UAE

Updated 28 Nov, 2024 02:38pm

Markets

OPEC+ production cuts may support oil prices in near term, Goldman Sachs says

Crude production from Iraq, Kazakhstan, and Russia has declined in compliance with OPEC+ production cuts, supporting...

Published 27 Nov, 2024 11:34am

World

Saudi Arabia agrees metals deals worth over $9 billion

RIYADH: Saudi Arabia on Tuesday agreed nine investment deals in metals and mining worth more than 35 billion riyals...

Published 26 Nov, 2024 07:36pm

World

Saudi Arabia approves 2025 budget with total deficit of $26.9bn

RIYADH: Saudi Crown Prince Mohammed bin Salman on Tuesday approved the country’s budget for 2025, state media...

Published 26 Nov, 2024 07:28pm

Sports

IOC chief hopeful Sebastian Coe: ‘We run risk of losing women’s sport’

PARIS: World Athletics President Sebastian Coe has vowed to protect women’s sport following the gender eligibility...

Published 25 Nov, 2024 12:34pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	157.10
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.25
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 23	5,974.07
India Sensex / Dec 23	78,540.17
Tokyo Nikkei / Dec 23	39,055.35
Nasdaq / Dec 23	19,764.89
Hang Seng / Dec 23	20,105.38
FTSE 100 / Dec 23	8,102.72
Dow Jones / Dec 23	42,906.95
Germany DAX 30 / Dec 23	19,848.77

Item	Value
Crude Oil USD/Barrel / Dec 23	69.60
Karachi Cotton PKR/37.32 KG / Dec 23	17,785
Gold 10 Grams PKR / Dec 23	241,087.80
Gold Spot USD/Ounce / Dec 23	2,617.29
Cotton US¢/pound / Dec 23	69.11
Petrol/Litre / Dec 24	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

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