Trends - uae - Business Recorder

uae

Why Dubai’s current real estate boom is here to stay

Knight Frank official says buying patterns point towards genuine end users rather than speculative investors

Updated 20 Nov, 2024 05:34pm

World

US, UAE climate-friendly farming partnership grows to $29 billion

Funding for a climate-friendly farming effort led by the U.S. and United Arab Emirates has reached $29.2 billion,...

Published 18 Nov, 2024 05:27pm

Sports

Pakistan Under-19 looks ahead to tri-series challenge

LAHORE: Pakistan Under-19 are all set to take on Afghanistan and hosts UAE in the U-19 tri-series commencing from...

Published 13 Nov, 2024 06:33am

Pakistan

UAE consul general meets Sharjeel

KARACHI: United Arab Emirates Consul General Bakhit Atiq Al Rumiti met Senior Sindh Minister Sharjeel Inam Memon at...

Published 12 Nov, 2024 07:51am

Sports

PCB announces squad for ACC

LAHORE: The Pakistan Cricket Board (PCB) Friday confirmed the squad for the 50-over tri-series and ACC Under-19 Asia...

Published 09 Nov, 2024 07:28am

Business & Finance

$3bn remittances in Oct: highest monthly inflow in FY25 so far

KARACHI: Pakistan received over $3 billion home remittances in October 2024, the highest monthly inflow so far in ...

Published 09 Nov, 2024 06:36am

Business & Finance

Emirates Group posts record $2.8bn profit in H1

KARACHI: The Emirates Group on Thursday announced its best-ever half-year financial performance, posting a profit...

Published 08 Nov, 2024 07:45am

Markets

UAE’s ADNOC inks 15-year gas deal with Germany’s SEFE

DUBAI: The United Arab Emirates’ ADNOC has agreed to supply Germany’s SEFE with natural gas for 15 years, the...

Published 07 Nov, 2024 07:56am

Business & Finance

Visit of AD Ports team: Dar receives presentation on proposed MoUs

ISLAMABAD: Deputy Prime Minister/Foreign Minister Senator Mohammad Ishaq Dar chaired a high-level inter-ministerial...

Published 07 Nov, 2024 07:03am

Markets

Lulu Retail Holdings raises $1.72bn in UAE’s largest IPO this year

DUBAI: Lulu Retail Holdings, which runs one of the Middle East’s biggest hypermarket chains, said on Wednesday it...

Published 06 Nov, 2024 12:40pm

World

Dubai approves 2025-27 budget with $74bn in expenditures, ruler says

DUBAI: Dubai approved a 2025-2027 budget on Tuesday with 272 billion dirham ($74.06 billion) of expenditure, the...

Updated 29 Oct, 2024 07:34pm

Life & Style

Pakistani companies participate in Beauty World Middle East 2024

The three-day Beauty World Middle East trade show opened its doors in Dubai on Monday, with 16 exhibitors from...

Published 28 Oct, 2024 09:54pm

World

UAE condemns military targeting of Iran, urges ‘maximum restraint’

CAIRO: The United Arab Emirates on Saturday condemned the military targeting of Iran and stressed the importance of...

Published 26 Oct, 2024 02:00pm

Life & Style

Dubai, Abu Dhabi retain top spot for ease of entry for global talent

Both cities rank highest globally in attracting, retaining top talent by Kearney's Global Cities Index

Updated 23 Oct, 2024 08:29pm

Business & Finance

GITEX Global: PTCL, China Mobile team up to enhance international connectivity

KARACHI: Pakistan’s largest telecommunication and integrated ICT services provider, Pakistan Telecommunication...

Published 23 Oct, 2024 06:22am

World

Putin thanks UAE president for role in prisoner exchange

MOSCOW: Russian President Vladimir Putin on Sunday thanked his UAE counterpart Sheikh Mohamed bin Zayed Al Nahyan...

Published 22 Oct, 2024 10:47pm

Markets

Qatar LNG sales to key Asian markets confronted by US-UAE rivalry

DOHA: Qatar is finding it hard to agree new deals to supply liquefied natural gas (LNG) to Japan and South Korea as...

Published 22 Oct, 2024 06:33am

Business & Finance

Asia Rising: Dubai’s transformation to becoming tech hub draws parallel with Silicon Valley and Bengalaru

DUBAI: Drawing parallels with India’s Bengaluru and Silicon Valley in the US, speakers highlighted Dubai’s rapid...

Published 22 Oct, 2024 06:33am

World

UAE president tells Putin: we are ready to help resolve Ukraine crisis

MOSCOW: United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan told Russian President Vladimir Putin on...

Updated 21 Oct, 2024 11:14pm

Business & Finance

Top performers of PTCL’s ‘Ba-Ikhtiyar’ programme attend GITEX 2024 in Dubai

KARACHI: Pakistan’s leading telecommunications and ICT provider, PTCL Group (PTCL & Ufone 4G) showcased its...

Published 21 Oct, 2024 07:18am

Pak-UAE JMC meeting today to consider widening ties

ISLAMABAD: United Arab Emirates (UAE) and Pakistan are all set to consider different proposals for future...

Updated 21 Oct, 2024 03:24pm

Technology

Expand North Star in Dubai: from prosthetic limbs to drones for disaster relief, startups seek to address Pakistan’s challenges

DUBAI: Pakistan is a country grappling with a range of systemic challenges—be it healthcare, city management,...

Published 21 Oct, 2024 06:04am

Technology

UAE visa rejections, hosting GITEX in Pakistan: ambassador Faisal Tirmizi breaks it down

DUBAI: Ambassador to the UAE Faisal Niaz Tirmizi did not mince words as he acknowledged the recent ‘visa situation’...

Updated 21 Oct, 2024 01:26pm

World

Iran protests EU support for UAE over disputed islands

TEHRAN: Iran summoned the ambassador of Hungary, whose country holds the rotating European Union presidency, to...

Published 20 Oct, 2024 10:06pm

Business & Finance

UAE, Pak fintech operators sign partnership

KARACHI: The UAE-based fintech, Codebase Technologies, announced its strategic partnership with Pakistani fintech,...

Published 17 Oct, 2024 08:05am

Business & Finance

From ‘small village’ to humanoid teachers, hugging robots: GITEX GLOBAL highlights Dubai’s rise

DUBAI: Dubai Minister of State for Artificial Intelligence Omar bin Sultan Al Olama reminisced about the time when...

Published 17 Oct, 2024 06:34am

Technology

Pakistan’s Abhi secures $15mn in credit financing to expand financial inclusion in UAE

DUBAI: Pakistan’s fintech Abhi has secured $15 million in credit financing led by Shorooq Partners and Amplify...

Updated 16 Oct, 2024 06:56pm

Technology

Pakistan’s tech sector reaps huge returns at GITEX, Dubai: PSEB acting CEO

DUBAI: Pakistan Software Export Board (PSEB) Acting CEO Zeeshan Khattak said the country’s tech companies are...

Published 16 Oct, 2024 06:58am

Technology

Pakistan’s tech sector aims for export boost through GITEX Global in Dubai

DUBAI: Shahid Iqbal, Executive Director of Pakistan-based Premier Cables, had high praise for GITEX Global,...

Updated 15 Oct, 2024 01:45pm

Technology

Gitex Global 2024 begins as Dubai highlights push to diversify economy

DUBAI: The 44th edition of GITEX GLOBAL 2024 — one of the world’s largest technology and startup events — commenced...

Updated 15 Oct, 2024 01:46pm

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
Gold 10 Grams PKR / Nov 20	238,940
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 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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