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uae

UAE startup Metric, founded by Pakistanis, announces 7-figure seed round

Launches 'world’s first Chief Financial AI' called Max

Published a day ago

Business & Finance

GEM of a city – Dubai ‘contributes significantly’ to UAE’s top ranking in entrepreneurship report

The United Arab Emirates (UAE) was recently ranked number one globally for the fourth consecutive year by the Global...

Published 2 days ago

Business & Finance

Dubai’s venture-capital-backed FDI soars 39pc in 2024

Dubai’s position on the global investment map has never been more pronounced. In 2024, the emirate experienced...

Updated 14 Apr, 2025 02:18pm

World

Syria’s Sharaa meets UAE counterpart in second visit to a Gulf country as leader

CAIRO: Syrian President Ahmed al-Sharaa met with his United Arab Emirates counterpart in Abu Dhabi on Sunday, the...

Published 14 Apr, 2025 05:20am

Markets

Renewable energy top of mind for Pakistani exhibitors at Middle East Energy 2025

DUBAI: Renewable energy solutions were front and centre for a small group of Pakistani exhibitors who were among...

Updated 11 Apr, 2025 08:16am

World

UAE renewable energy firm Masdar completes purchase of Greece’s Terna Energy

DUBAI: United Arab Emirates’ renewable energy company Masdar said on Thursday it had fully acquired Greece’s Terna...

Published 10 Apr, 2025 01:49pm

Pakistan

Governor Sindh visits UAE consulate

KARACHI: Governor Sindh Kamran Khan Tessori visited the consulate of the United Arab Emirates in Karachi, where he...

Published 10 Apr, 2025 03:14am

Pakistan

‘Issues resolved’: Pakistanis can now avail 5-year UAE visa, envoy says

Pakistanis can now avail a five-year visa to the United Arab Emirates (UAE) as “issues have been resolved”,...

Updated 08 Apr, 2025 11:38pm

World

India, UAE to develop Sri Lanka energy hub as Delhi competes with China for influence

COLOMBO/NEW DELHI: India and the United Arab Emirates agreed to develop an energy hub in Sri Lanka, India’s foreign...

Published 05 Apr, 2025 05:56pm

Technology

Dubai’s tech culture tops Silicon Valley: NVIDIA, Amazon-backed founder

One of the most crucial aspects of any city that is working to solidify its position as a hub for all things tech...

Updated 04 Apr, 2025 12:37pm

Pakistan

Saudi Arabia, UAE, other nations celebrate Eid-ul-Fitr

Millions of muslims across the globe observed Eid ul-Fitr on Sunday with special dawn prayers and celebrations,...

Updated 30 Mar, 2025 11:04pm

World

Saudi Arabia, UAE to observe Eid today

RIYADH: Saudi Arabia, United Arab Emirates and Qatar will observe the auspicious occasion of Eid Al-Fitr today...

Published 30 Mar, 2025 05:34am

Business & Finance

JS Bank, Al Ansari Exchange launch ‘millionaire campaign’

KARACHI: JS Bank has strengthened its partnership with Al Ansari Exchange, a leading exchange company in the UAE, to...

Published 27 Mar, 2025 05:23am

World

UAE cracks down on ‘begging’ racket

Report highlights individual who amassed AED14,000 in 3 days

Published 26 Mar, 2025 03:07pm

World

UAE commits to $1.4trn US investment, White House says

WASHINGTON/DUBAI: The United Arab Emirates has committed to a 10-year, $1.4 trillion investment framework in the...

Published 25 Mar, 2025 05:37am

Business & Finance

Dubai ‘removes walls’ for free zone companies, allows them to operate in mainland

Dubai has announced new rules that will allow companies set up inside its many free zones to operate outside of them...

Updated 24 Mar, 2025 01:54pm

World

UAE commits to $1.4 trillion investment framework in US, White House says

WASHINGTON: The United Arab Emirates has committed to a 10-year, $1.4 trillion investment framework in the United...

Published 21 Mar, 2025 08:14pm

Editorials

External assistance inflows

EDITORIAL: In its monthly report on foreign assistance inflows, the Economic Affairs Division (EAD) revealed that ...

Published 21 Mar, 2025 06:34am

Startup Recorder

Dubai’s Yango Group targets Pakistan, others with $20m startup fund: report

Dynamic, high-growth markets like Pakistan offer substantial opportunities, says spokesperson

Published 19 Mar, 2025 03:27pm

Business & Finance

Tourism contributes 12% to UAE’s GDP in 2024, surpassing US and Europe

Tourism contributed 12% to the UAE’s gross domestic product (GDP) in 2024, according to new insights compiled within...

Updated 18 Mar, 2025 08:05pm

Business & Finance

Dubai leads global luxury real estate with 147pc growth in five years: report

City tops Prime Real Estate Index (PIRI) in Knight Frank's Wealth Report 2025

Updated 18 Mar, 2025 02:06pm

World

Ripple says securing Dubai crypto licence a ‘major milestone’

Ripple will be the first blockchain-enabled payments provider licenced by Dubai Financial Services Authority

Published 14 Mar, 2025 04:29pm

World

‘A city for everyone’: Dubai announces 17,000 affordable homes

We are committed to offering a range of housing options, says Dubai crown prince

Published 13 Mar, 2025 02:52pm

World

Iran’s Khamenei spurns US talks offer as UAE envoy delivers Trump letter

DUBAI: Iran’s Supreme Leader Ayatollah Ali Khamenei on Wednesday rejected holding negotiations with the United...

Published 12 Mar, 2025 11:33pm

Markets

Binance says Abu Dhabi’s MGX invests $2bn into crypto exchange

Cryptocurrency exchange Binance said on Wednesday Abu Dhabi investment group MGX had invested $2 billion worth of...

Published 12 Mar, 2025 08:37pm

World

UAE’s XRG to make big investment in US gas: ADNOC CEO

HOUSTON: The investment arm of United Arab Emirates state oil company ADNOC will make a significant investment in US...

Published 11 Mar, 2025 09:08pm

World

Italy’s Synapsia signs $2.5bn deal with UAE’s Bold Technologies

ROME: Italy’s Synapsia has signed a $2.5-billion contract with UAE’s Bold Technologies to provide AI-powered city...

Published 11 Mar, 2025 07:23pm

World

Dubai is spending billions to fix its traffic problems

Residents and tourists alike in recent times have complained that as Dubai’s popularity rises, so are its traffic...

Published 10 Mar, 2025 05:22am

Business & Finance

Living and working in Dubai: What are the UAE’s ‘business opportunities’ and ‘blue’ visas?

DUBAI: There are many ways to visit, live and work in Dubai - the golden visa being one of the most well-known. But...

Updated 04 Mar, 2025 12:48pm

Business & Finance

Pakistan’s Bisconni to setup $30mn biscuit factory in Abu Dhabi

With an eye towards international expansion, Bisconni Middle East Manufacturing, a subsidiary of Pakistan’s largest...

Published 27 Feb, 2025 03:28pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 18	280.70
USD PKR Interbank Buying / Apr 18	280.45
USD to Japanese Yen / Apr 17	142.33
USD to Swiss Franc / Apr 17	0.82
Pound Sterling to USD / Apr 17	1.33
Euro to USD / Apr 17	1.14
UK LIBOR % / Apr 17	4.96

Stock	Volume
S&P 500 / Apr 17	5,282.70
India Sensex / Apr 17	78,553.20
Nasdaq / Apr 17	16,286.45
Hang Seng / Apr 17	21,395.14
FTSE 100 / Apr 17	8,275.66
Dow Jones / Apr 17	39,142.23
Germany DAX 30 / Apr 17	21,205.86
France CAC40 / Apr 17	7,285.86
Tokyo Nikkei / Apr 18	34,730.28

Item	Value
Crude Oil USD/Barrel / Apr 17	64.68
Karachi Cotton PKR/37.32 KG / Apr 17	16,985
Gold 10 Grams PKR / Apr 17	300,068
Gold Spot USD/Ounce / Apr 17	3,326.85
Cotton US¢/pound / Apr 17	67.13
Petrol/Litre / Apr 18	254.63
Diesel/Litre / Apr 18	258.64

Gainers
Losers
Leaders

Stock	Price
PICIC Ins.Ltd. / Apr 18 PICIC Insurance Limited(PIL)	3.26 ▲ 0.81 (33.06%)
Universal Ins. / Apr 18 The Universal Insurance Company Limited(UVIC)	10.36 ▲ 0.99 (10.57%)
Oilboy Energy / Apr 18 Oilboy Energy Limited(OBOY)	10.91 ▲ 1 (10.09%)
Bunnys Limited / Apr 18 Bunnys Limited(BNL)	26.91 ▲ 2.45 (10.02%)
Safe Mix Con.Lt / Apr 18 Safe Mix Concrete Limited(SMCPL)	18.11 ▲ 1.65 (10.02%)
Nimir Resins / Apr 18 Nimir Resins Limited(NRSL)	46.70 ▲ 4.25 (10.01%)
Bawany Air Products / Apr 18 Bawany Air Products Limited(BAPL)	35.63 ▲ 3.24 (10%)
ECOPACK Ltd / Apr 18 Ecopack Limited(ECOP)	32.79 ▲ 2.98 (10%)
Sunrays Textile / Apr 18 Sunrays Textile Mills Limited(SUTM)	97.10 ▲ 8.83 (10%)
S.S.Oil / Apr 18 S.S.Oil Mills Limited(SSOM)	269.05 ▲ 24.46 (10%)

Stock	Price
Oilboy Energy(R) / Apr 18 Oilboy Energy Limited(R)(OBOYR2)	0.82 ▼ -0.25 (-23.36%)
Shaheen Ins. / Apr 18 Shaheen Insurance Company Limited(SHNI)	5.65 ▼ -1.52 (-21.2%)
Century Ins. / Apr 18 Century Insurance Company Limited(CENI)	41.99 ▼ -7.83 (-15.72%)
Escorts Bank / Apr 18 Escorts Investment Bank Limited(ESBL)	5.85 ▼ -0.99 (-14.47%)
Crescent Fib. / Apr 18 Crescent Fibres Limited(CFL)	45.25 ▼ -5 (-9.95%)
Mughal Energy / Apr 18 Mughal Energy Limited(GEM)(GEMMEL)	20 ▼ -2.02 (-9.17%)
Shadab Textile / Apr 18 Shadab Textile Mills Limited(SHDT)	20.70 ▼ -1.95 (-8.61%)
Dewan Textile / Apr 18 Dewan Textile Mills Limited(DWTM)	6.41 ▼ -0.58 (-8.3%)
TPL Life Insur. / Apr 18 TPL Life Insurance Limited(TPLL)	49.60 ▼ -4.21 (-7.82%)
Gillette Pak / Apr 18 Gillette Pakistan Limited(GLPL)	162.10 ▼ -13.5 (-7.69%)

Stock	Volume
Sui South Gas / Apr 18 Sui Southern Gas Company Limited(SSGC)	32,186,680 ▲ 1.47
Pak Int.Bulk / Apr 18 Pakistan International Bulk Terminal(PIBTL)	25,282,212 ▲ 0.22
K-Electric Ltd. / Apr 18 K-Electric Limited(KEL)	20,485,593 ▲ 0.1
Maple Leaf Cement / Apr 18 Maple Leaf Cement Factory Limited(MLCF)	10,749,615 ▲ 1.22
Cnergyico PK / Apr 18 Cnergyico PK Limited(CNERGY)	9,183,209 ▼ -0.01
Pak Elektron / Apr 18 Pak Elektron Limited(PAEL)	9,147,078 ▼ -0.4
WorldCall Telecom / Apr 18 Worldcall Telecom Limited(WTL)	7,846,612 ▲ 0
PIA Holding Co.Ltd / Apr 18 PIA Holding Company Limited(PIAHCLA)	6,679,971 ▲ 1.08
B.O.Punjab / Apr 18 The Bank of Punjab(BOP)	6,594,339 ▼ -0.08
P.T.C.L. / Apr 18 Pakistan Telecommunication Company Ltd(PTC)	6,050,350 ▲ 0.51

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