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China’s Wang Yi seeks deeper oil and gas ties with UAE on Middle East tour

China is willing to strengthen high-level exchanges with the UAE, consolidate political mutual trust and elevate bilateral relations

Published December 13, 2025 Updated December 13, 2025 12:27pm

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By Reuters

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BEIJING: China’s Foreign Minister Wang Yi met his United Arab Emirates counterpart on Friday, pledging deeper cooperation in investment, oil and gas, and infrastructure with the Gulf country, China’s foreign ministry said on Saturday.

Wang, on a three-nation tour of the Middle East that began on Friday, held talks with UAE Foreign Minister Sheikh Abdullah bin Zayed in Abu Dhabi, the ministry said.

UAE aims to boost LNG exports as global demand outpaces supply, minister says

“China is willing to strengthen high-level exchanges with the UAE, consolidate political mutual trust and elevate bilateral relations,” Wang said.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 20	278.15
USD PKR Interbank Buying / Jul 20	277.95
USD to Japanese Yen / Jul 21	162.52
USD to Swiss Franc / Jul 21	0.81
Pound Sterling to USD / Jul 21	1.34
Euro to USD / Jul 21	1.14
SOFR % / Jul 20	3.62

Stock	Volume
S&P 500 / Jul 20	7,443.28
Nasdaq / Jul 20	25,508.07
Dow Jones / Jul 20	51,839.26
India Sensex / Jul 21	77,478.67
Tokyo Nikkei / Jul 21	65,077.32
Hang Seng / Jul 21	25,036.86
FTSE 100 / Jul 21	10,506.59
Germany DAX 30 / Jul 21	24,879.67
France CAC40 / Jul 21	8,348.97

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 20	18,880
Gold 10 Grams PKR / Jul 20	363,971
Petrol/Litre / Jul 21	316.15
Crude Oil USD/Barrel / Jul 21	82.50
Gold Spot USD/Ounce / Jul 21	4,050.88
Diesel/Litre / Jul 21	354.35
Cotton US¢/pound / Jul 21	79.38

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Stock	Price
Trust Sec.& Brok. / Jul 21 Trust Securities & Brokerage Limited(TSBL)	2.39 ▲ 0.24 (11.16%)
Invest Capital Invest Bank / Jul 21 Invest Capital Investment Bank Limited(ICIBL)	21.75 ▲ 1.98 (10.02%)
First IBL Mod. / Jul 21 First IBL Modaraba(FIBLM)	15.27 ▲ 1.39 (10.01%)
Gammon Pak / Jul 21 Gammon Pakistan Limited(GAMON)	21.98 ▲ 2 (10.01%)
Ahmad Hassan / Jul 21 Ahmad Hassan Textile Mills Limited(AHTM)	110.23 ▲ 10.02 (10%)
Asia Ins. / Jul 21 Asia Insurance Company Limited(ASIC)	41.69 ▲ 3.79 (10%)
Biafo Ind. / Jul 21 Biafo Industries Limited(BIFO)	130.83 ▲ 11.89 (10%)
Dewan Farooque Sp. / Jul 21 Dewan Farooque Spinning Mills Limited(DFSM)	18.15 ▲ 1.65 (10%)
Husein Industries / Jul 21 Husein Industries Limited(HUSI)	60.50 ▲ 5.5 (10%)
Leather Up Ltd. / Jul 21 Leather Up Limited(LEUL)	50.58 ▲ 4.6 (10%)

Stock	Price
Khairpur Sug. / Jul 21 Khairpur Sugar Mills Limited(KPUS)	1,515.89 ▼ -168.43 (-10%)
S.G.Power / Jul 21 S.G. Power Limited(SGPL)	79.05 ▼ -8.78 (-10%)
Shams Textile / Jul 21 Shams Textile Mills Limited(STML)	57.58 ▼ -6.4 (-10%)
Service Textile / Jul 21 Service Industries Textiles Limited(SERT)	50.44 ▼ -5.6 (-9.99%)
United Insurance / Jul 21 The United Insurance Company(UNIC)	12.74 ▼ -1.35 (-9.58%)
Baba Farid Sugar / Jul 21 Baba Farid Sugar Mills Limited(BAFS)	417.01 ▼ -43.41 (-9.43%)
Pakistan Credit Rating Agency / Jul 21 The Pakistan Credit Rating Agency Ltd(GEMPACRA)	36 ▼ -3.62 (-9.14%)
Popular Islamic / Jul 21 Popular Islamic Modaraba(PIM)	22.90 ▼ -2.21 (-8.8%)
Azgard Nine (Non-Voti) / Jul 21 Azgard Nine (Non-Voti)(ANLNV)	7.71 ▼ -0.61 (-7.33%)
Frontier Ceramics / Jul 21 Frontier Ceramics Limited(FRCL)	98.12 ▼ -7.67 (-7.25%)

Stock	Volume
Cnergyico PK / Jul 21 Cnergyico PK Limited(CNERGY)	262,217,181 ▼ -0.68
Trust Sec.& Brok. / Jul 21 Trust Securities & Brokerage Limited(TSBL)	109,785,509 ▲ 0.24
TPL Properties / Jul 21 TPL Properties Limited(TPLP)	71,577,904 ▲ 0.89
Pak Refinery / Jul 21 Pakistan Refinery Limited(PRL)	57,888,004 ▲ 0.16
F. Nat.Equities / Jul 21 First National Equities Limited(FNEL)	26,011,798 ▲ 0.02
TPL Corp Ltd / Jul 21 TPL Corp Limited(TPL)	24,032,052 ▲ 0.98
WorldCall Telecom / Jul 21 Worldcall Telecom Limited(WTL)	22,284,707 ▲ 0.03
B.O.Punjab / Jul 21 The Bank of Punjab(BOP)	19,992,365 ▲ 0.31
K-Electric Ltd. / Jul 21 K-Electric Limited(KEL)	15,647,506 ▲ 0.11
Maple Leaf Cement / Jul 21 Maple Leaf Cement Factory Limited(MLCF)	13,371,415 ▼ -2.17