Trends - uae - Business Recorder

uae

70,000 new firms join Dubai Chamber of Commerce, of which more than 6,000 are Pakistani

DUBAI: The number of new companies joining the Dubai Chamber of Commerce continued to soar as the figure hit 70,000...

Published 22 Jan, 2025 06:26am

Business & Finance

Dubai’s Crypto Tower will feature an exotic car dealership and a gold bullion shop

DUBAI: A 17-storey ‘Crypto Tower’ is in the works for Dubai including nine floors of offices tailored for both...

Updated 22 Jan, 2025 06:34am

Business & Finance

UAE confirms rollover of $2bn deposits

KARACHI: The United Arab Emirates (UAE) has confirmed rollover of $2 billion deposits placed with the State Bank of...

Published 17 Jan, 2025 02:56am

World

Italy, Albania, UAE sign deal for Adriatic energy link

ABU DHABI: Italy, Albania and the United Arab Emirates (UAE) signed on Wednesday a deal worth at least 1 billion...

Published 15 Jan, 2025 05:47pm

World

UAE signs trade deals with Malaysia, Kenya, New Zealand

ABU DHABI: The United Arab Emirates signed trade agreements with Malaysia, Kenya and New Zealand on Tuesday, the...

Published 14 Jan, 2025 07:39pm

Pakistan

Delegation from DP World, UAE visits under SIFC platform

ISLAMABAD: A high-level delegation from DP World (UAE), led by Sultan Ahmed bin Sulayem, Group CEO of DP World and...

Published 12 Jan, 2025 02:44am

Life & Style

Pakistani passport fourth-worst in the world: Henley Passport Index

Pakistan is ahead of only Iraq, Syria, Afghanistan; UAE retains top 10 spot

Updated 10 Jan, 2025 08:41pm

Pakistan

Senate panel takes notice of absence of minister in meeting

ISLAMABAD: Senate Standing Committee on Overseas Pakistanis expressed indignation and serious concern over absence ...

Published 09 Jan, 2025 06:19am

Pakistan

Bilawal meets UAE ambassador

ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto-Zardari, Wednesday, met with the Ambassador of ...

Published 09 Jan, 2025 06:19am

Editorials

Rollover of deposit by the UAE

EDITORIAL: Prime Minister Shehbaz Sharif informed the federal cabinet that the United Arab Emirates (UAE) has rolled...

Published 09 Jan, 2025 06:19am

Business & Finance

Dubai’s inclusion in Global Power City Index a ‘clear signal for Pakistani investors’

Dubai was ranked eighth worldwide and first in the Middle East in the Global Power City Index 2024 (GPCI) for the...

Published 07 Jan, 2025 07:37am

Business & Finance

Dubai Duty Free experiences record sales of AED7.901bn in 2024

Top five selling categories were perfumes, liquor, cigarettes & tobacco, gold and electronics

Updated 03 Jan, 2025 02:53pm

Economic revival efforts: UBL arranges $300m loan via UAE, Bahrain branches

KARACHI: United Bank Limited (UBL), through its UAE and Bahrain branches, has successfully arranged and financed a...

Updated 31 Dec, 2024 03:21pm

Business & Finance

Pakistan-born, US-raised entrepreneur highlights expansion move to Dubai

DUBAI: Dubai’s reputation as a global hub for innovation and investment has attracted yet another entrepreneur to...

Updated 27 Dec, 2024 12:19pm

Sports

Here is the schedule for ICC Men’s Champions Trophy 2025

The International Cricket Council (ICC) on Tuesday announced the fixtures for the ICC Men’s Champions Trophy 2025,...

Updated 24 Dec, 2024 06:19pm

Pakistan

Senate panel discusses ‘unofficial visa restriction’ issue

ISLAMABAD: The Senate Standing Committee on Overseas Pakistanis and Human Resource Development focused on thorough...

Published 24 Dec, 2024 08:24am

Pakistan

Passports of 4,700 nationals imprisoned in UAE blocked

ISLAMABAD: The government of Pakistan has taken a stern stance against its citizens involved in criminal activities...

Published 23 Dec, 2024 06:03am

Resident Pakistanis in UAE, UK: Rental income, capital gain not taxable: ATIR DB

ISLAMABAD: A division bench of Appellate Tribunal Inland Revenue (ATIR) has held that under the tax treaties of...

Updated 23 Dec, 2024 09:40am

Sports

PCB finalizes UAE as neutral venue for Champions Trophy 2025

Pakistan Cricket Board (PCB) has finalized the United Arab Emirates (UAE) as the neutral venue for the Champions...

Published 22 Dec, 2024 09:27pm

Markets

Hoechst Pakistan plans to establish subsidiary in UAE

To capitalize on the business-friendly environment in the United Arab Emirates (UAE), another listed Pakistani...

Updated 20 Dec, 2024 10:33pm

Pakistan

No UAE visa issue, waiting for Islamabad to sign FTA: UAE consul general

KARACHI: UAE Consul General in Karachi Dr Bakheet Ateeq Al Rumaithi announced on Thursday that talks for a free...

Updated 19 Dec, 2024 09:44pm

Business & Finance

Dubai unveils its comprehensive 2025 retail calendar

DUBAI: Dubai Festivals and Retail Establishment (DFRE), part of the Dubai Department of Economy and Tourism (DET),...

Published 18 Dec, 2024 08:10am

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

Business & Finance

Walmart to Gulf Royals: world’s richest add $2trn to their wealth in 2024

The owners of US retail chain Walmart – The Walton family – topped Bloomberg’s annual ranking of the world’s...

Published 16 Dec, 2024 04:58pm

Business & Finance

Dubai’s real estate sector is evolving, moving towards ‘branded residences’

Dubai’s recent crown as the ‘global leader in branded residences’ is also accompanied by high occupancy level in...

Published 13 Dec, 2024 06:29am

Markets

UAE to impose 15% minimum top-up tax on large multinationals from January

DUBAI: The United Arab Emirates will impose a minimum top-up tax (DMTT) of 15% on large multinational companies...

Updated 09 Dec, 2024 10:29pm

Markets

UAE’s Mubadala to address under-investment in Asia, CEO says

ABU DHABI: Abu Dhabi’s Mubadala Investment Company is under-invested in Asia and the geography will be a focus area...

Published 06 Dec, 2024 05:15pm

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

Supplements

Spirit of the Union National Day United Arab Emirates: Message from Faisal Niaz Tirmizi, Ambassador of Pakistan to the UAE

On behalf of the Embassy of Pakistan in Abu Dhabi and vibrant Pakistani diaspora in the UAE, I extend my warmest...

Published 02 Dec, 2024 06:04am

Supplements

Spirit of the Union National Day United Arab Emirates: Message from Hamad Obaid Al Zaabi, Ambassador of the UAE to Pakistan

On this day, December 2, 1971, the establishment of the United Arab Emirates was officially announced, the Union ...

Published 02 Dec, 2024 06:04am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 23	278.71
USD PKR Interbank Buying / Jan 23	278.56
USD to Japanese Yen / Jan 23	156.57
USD to Swiss Franc / Jan 23	0.91
Pound Sterling to USD / Jan 23	1.23
Euro to USD / Jan 23	1.04

Stock	Volume
S&P 500 / Jan 22	6,086.37
Nasdaq / Jan 22	20,009.34
Dow Jones / Jan 22	44,156.73
India Sensex / Jan 23	76,579.87
Tokyo Nikkei / Jan 23	40,000.30
Hang Seng / Jan 23	19,695.88
FTSE 100 / Jan 23	8,544.98
Germany DAX 30 / Jan 23	21,282.88

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 22	18,485
Gold 10 Grams PKR / Jan 22	246,440
Petrol/Litre / Jan 23	256.13
Crude Oil USD/Barrel / Jan 23	75.19
Gold Spot USD/Ounce / Jan 23	2,754.03
Diesel/Litre / Jan 23	260.95

Gainers
Losers
Leaders

Stock	Price
Saritow Spinning / Jan 23 Saritow Spinning Mills Limited(SSML)	10.12 ▲ 1.00 (10.96%)
Apna Microfin. / Jan 23 Apna Microfinance Bank Limited(AMBL)	10.50 ▲ 0.97 (10.18%)
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	94.44 ▲ 8.59 (10.01%)
Leather Up Ltd. / Jan 23 Leather Up Limited(LEUL)	30.33 ▲ 2.76 (10.01%)
Olympia Mills / Jan 23 Olympia Mills Limited(OML)	37.04 ▲ 3.37 (10.01%)
Arif Habib Ltd. / Jan 23 Arif Habib Limited(AHL)	72.46 ▲ 6.59 (10.00%)
Dewan Motors / Jan 23 Dewan Farooque Motors Limited(DFML)	46.07 ▲ 4.19 (10.00%)
Mughal Energy / Jan 23 Mughal Energy Limited(GEM)(GEMMEL)	21.45 ▲ 1.95 (10.00%)
Liven Pharma / Jan 23 Liven Pharma Limited(LIVEN)	150.99 ▲ 13.73 (10.00%)

Stock	Price
Nagina Cot. / Jan 23 Nagina Cotton Mills Limited(NAGC)	49.95 ▼ -5.55 (-10.00%)
Gulistan Sp. / Jan 23 Gulistan Spinning Mills Limited(GUSM)	10.92 ▼ -1.21 (-9.98%)
Fecto Cement / Jan 23 Fecto Cement Limited(FECTC)	105.20 ▼ -11.20 (-9.62%)
J.K.Spinning / Jan 23 J.K. Spinning Mills Limited(JKSM)	60.50 ▼ -6.14 (-9.21%)
Kohat Textile / Jan 23 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Ruby Textile / Jan 23 Ruby Textile Mills Limited(RUBY)	6.67 ▼ -0.62 (-8.50%)
Sana Ind / Jan 23 Sana Industries Limited(SNAI)	28.60 ▼ -2.64 (-8.45%)
Faisal Sp. / Jan 23 Faisal Spinning Mills Limited(FASM)	340.01 ▼ -29.89 (-8.08%)
Calcorp Ltd / Jan 23 Calcorp Limited(CASH)	33.11 ▼ -2.82 (-7.85%)

Stock	Volume
Cnergyico PK / Jan 23 Cnergyico PK Limited(CNERGY)	141,910,406 ▲ 0.58
WorldCall Telecom / Jan 23 Worldcall Telecom Limited(WTL)	100,218,430 ▲ 0.10
Fauji Cement / Jan 23 Fauji Cement Company Limited(FCCL)	83,552,040 ▲ 2.32
Lotte Chemical / Jan 23 Lotte Chemical Pakistan Limited(LOTCHEM)	35,610,583 ▲ 0.74
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	32,491,903 ▲ 8.59
Bank Makramah / Jan 23 Bank Makramah Limited(BML)	30,547,553 ▼ -0.11
Maple Leaf Cement / Jan 23 Maple Leaf Cement Factory Limited(MLCF)	26,406,513 ▲ 2.50
Fauji Foods Ltd / Jan 23 Fauji Foods Limited(FFL)	22,103,404 ▲ 0.45
D.G.K.Cement / Jan 23 D.G. Khan Cement Company Limited(DGKC)	16,695,919 ▲ 2.76

Markets →

Budget 2024-25: income tax calculator for FY25

uae

Most Popular