Trends - Saudi Arabia - Business Recorder

Saudi Arabia

Saudi envoy to Qatar takes up post as rift eases

Saudi Arabia and its allies severed all ties with Qatar in June 2017 over claims it was too close to Iran and backed radical Islamist groups, allegations Doha has always denied.

Published 21 Jun, 2021 05:59pm

Pakistan

Finance Ministry’s rejoinder to Miftah Ismail’s remarks

ISLAMABAD: Ministry of Finance on Sunday said that International Monetary Fund (IMF) program is intact and a new...

Published 21 Jun, 2021 03:43am

Markets

China’s Saudi oil imports plunge 21pc

BEIJING: China’s imports from Saudi Arabia fell 21% in May from a year earlier but retained their top ranking ...

Published 21 Jun, 2021 03:43am

Markets

China's Saudi oil imports plunge 21%

Imports from second-largest supplier Russia also dropped from a month earlier, to 5.44 million tonnes, or 1.28 million bpd.

Published 20 Jun, 2021 05:34pm

World

Saudi executes Shiite man in 'flawed' trial: campaigners

The kingdom has one of the world's highest rates of executions.

Published 16 Jun, 2021 12:18pm

World

Saudi Arabia allows women to register for Hajj without male guardian

Has limited this year’s pilgrimage to only its citizens

Published 14 Jun, 2021 07:47pm

Saudi Arabia bars foreign travellers from Hajj over Covid-19, reports SPA

Saudi Press Agency says only people vaccinated and aged between 18 and 65 to perform Hajj

Updated 12 Jun, 2021 04:55pm

Pakistan

PM personally discussing Chinese Covid vaccine certificate issue with Saudi Arabia: Rasheed

Says vaccination process in Pakistan is better as compared to other countries of the region as a large number of people are visiting vaccination centers after awareness
Minister says he has never seen such an incompetent, useless and weak opposition in this country

Updated 06 Jun, 2021 02:15pm

Saudi minister defends volume limit on mosque loudspeakers

RIYADH: Saudi Arabia's Islamic affairs minister on Monday defended a contentious order restricting the volume of...

Published 02 Jun, 2021 04:29am

World

Saudi minister defends volume limit on mosque loudspeakers

The relaxed social norms have been welcomed by many Saudis, two-thirds of whom are under 30, while riling arch-conservatives.

Published 01 Jun, 2021 10:05am

World

Iran says Saudi talks ongoing in 'good atmosphere'

"Talks are still continuing in a good atmosphere," ministry spokesman Saeed Khatibzadeh said.

Published 31 May, 2021 05:17pm

Markets

Saudi Arabia's SAGO agrees to buy 562,000 tonnes of wheat

The tender for up to 720,000 tonnes of hard wheat with 12.5 percent protein content had closed on Friday.

Published 31 May, 2021 02:23pm

Markets

Major Gulf stocks mixed; UAE, Saudi set for monthly gain

Abu Dhabi and Dubai stocks have gained more than 29% and 12%, respectively, this year following the end of a political rift with Qatar, improving business activities and analysts' expectations of property prices.

Published 31 May, 2021 01:55pm

World

Philippines lifts ban on workers deploying to Saudi Arabia

MANILA: The Philippines on Saturday said the country's workers could again go to work in Saudi Arabia, reversing a...

Published 30 May, 2021 03:51am

Pakistan

Saudi Arabia allows 60,000 pilgrims, including Pakistanis to perform Hajj

This will be the first time that foreigners from outside the Kingdom will have the opportunity to perform Hajj since the outbreak of the COVID-19 virus
People under the age of 18 and over 60 will not be allowed to go for Hajj this year due to the COVID-19 pandemic

Published 23 May, 2021 09:24am

Pakistan

Pakistan for inclusion of some Chinese vaccines on list approved by S. Arabia

ISLAMABAD: Pak-istan has proposed inclusion of some of the Chinese vaccines used in the country in the list of...

Published 23 May, 2021 03:06am

World

Saudi Arabia welcomes declaration of ceasefire in Gaza strip

The statement reaffirmed the kingdom's continuation of efforts with allies to reach a resolution.

Published 22 May, 2021 01:29am

Business & Finance

Saudi Arabia inflation rate up in April

DUBAI: Saudi Arabia’s inflation rate quickened to 5.3% in April from 4.9% the previous month, still reflecting an...

Published 21 May, 2021 05:04am

Business & Finance

PM Khan visit to KSA having positive impact on forex reserves: Baqir

The Governor said Pakistani community in Saudi Arabia is showing greater interest in RDAs following the Prime Minister's recent visit to the Kingdom.

Published 20 May, 2021 03:21pm

Pakistan

Ashrafi lauded Saudi, Egypt efforts for peace in Palestine

He said that the efforts of Egypt for ceasefire and the sentiments of the Egyptian government and people for the Palestinians were commendable.

Published 19 May, 2021 06:15pm

World

Saudi foreign minister 'hopeful' over exploratory Iran talks

But in April, Saudi Arabia's crown prince struck a conciliatory tone, saying he sought "good" relations.

Published 19 May, 2021 11:00am

World

Gaza conflict pushing region in 'wrong direction': Saudi Arabia

"Our key priority is to reinitiate peace talks between Palestinians and Israelis," bin Farhan said.

Published 19 May, 2021 10:34am

Business & Finance

PM urges ministries for quick follow up on agreements with KSA

During PM Khan's three days visit to Saudi Arabia, a number of bilateral agreements/memoranda of understanding (MoU) were signed between Prime Minister Imran Khan and Crown Prince Mohammed bin Salman.

Published 18 May, 2021 12:34pm

World

Saudi Arabia says foreign visitors do not need to quarantine if they have been vaccinated

These visitors will have to provide an official vaccination certificate upon arrival.

Published 17 May, 2021 11:29am

World

Muslim states condemn Israel’s ‘barbaric attacks’ against Palestinians

The Organisation of Islamic Cooperation (OIC) called on Sunday for an immediate halt to what it described as Israel’s barbaric attacks on Gaza and blamed “systematic crimes” against the Palestinians for hostilities now in their seventh day.
The OIC statement came after a virtual meeting in which Saudi Arabia condemned the violation of the sanctity of Muslim holy sites and evictions of Palestinians from their homes in East Jerusalem.

Updated 16 May, 2021 07:54pm

World

Palestinian FM criticises moves to 'normalise' Israel ties

Saudi Foreign Minister called on the international community to take "urgent action" to halt the Israeli military operation and to revive peace talks aimed at securing a two-state solution.

Published 16 May, 2021 05:20pm

Pakistan

Pakistan, Saudi Arabia agree to continue close consultations, coordination on Palestine situation

"The Saudi Foreign Minister expressed concerns at the serious developments in Palestine and briefed Foreign Minister Qureshi regarding the initiatives being taken to address the situation," FO said.
Qureshi welcomed the initiative of the kingdom to convene an Emergency Meeting of the OIC’s Executive Committee at Foreign Ministers level on May 16.

Published 15 May, 2021 12:08pm

Pakistan

Qureshi contacts Palestinian FM, reiterates Pakistan’s unequivocal support for rights of Palestinians

"The two Foreign Ministers agreed to engage and coordinate closely on the evolving situation in Palestine," FO said.
Dr Maliki updated Qureshi about the dire situation on ground, and the efforts being made to prevent its further worsening.

Published 15 May, 2021 10:13am

Pakistan

New Saudi Arabia vaccine condition is a nightmare for Pakistani travelers

Saudi Arabia's new condition has made life difficult for Pakistanis intending to travel to the kingdom.
This is because the Gulf country’s list of recommended vaccines does not include any of the ones that have been manufactured in China.

Updated 12 May, 2021 03:37pm

Pakistan

Saudi FM to visit Pakistan after Eid: Qureshi

He said Pakistan and Saudi Arabia had signed an agreement under which Saudi-Pakistani Supreme Coordination Council will be established.
He said that Muslim countries needed to unite in order to raise awareness about the recent violence in Palestine.

Published 12 May, 2021 01:57pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 14	278.71
USD PKR Interbank Buying / Jun 14	278.51
USD to Japanese Yen / Jun 14	157.40
USD to Swiss Franc / Jun 14	0.89
Pound Sterling to USD / Jun 14	1.28
Euro to USD / Jun 14	1.07

Stock	Volume
S&P 500 / Jun 14	5,431.60
India Sensex / Jun 14	76,992.77
Tokyo Nikkei / Jun 14	38,814.56
Nasdaq / Jun 14	17,688.88
Hang Seng / Jun 14	17,941.78
FTSE 100 / Jun 14	8,146.86
Dow Jones / Jun 14	38,589.16
Germany DAX 30 / Jun 14	18,002.02

Item	Value
Crude Oil USD/Barrel / Jun 14	78.45
Karachi Cotton PKR/37.32 KG / Jun 14	19,935
Gold 10 Grams PKR / Jun 14	207,047
Gold Spot USD/Ounce / Jun 14	2,333.04
Cotton US¢/pound / Jun 14	72.14
Petrol/Litre / Jun 17	258.16

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 17 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 17 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 17 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 17 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 17 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 17 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 17 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 17 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 17 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 17 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 17 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 17 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 17 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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