Trends - Abu Dhabi - Business Recorder

Abu Dhabi

UAE: Rich Gulf state looking beyond oil

ABU DHABI: The United Arab Emirates, which turns 50 on December 2, is a wealthy Gulf oil state and economic hub that...

Published 30 Nov, 2021 12:27pm

Markets

ADNOC weighs IPO of logistics and services unit next year

DUBAI: State oil firm Abu Dhabi National Oil Company (ADNOC) is weighing an initial public offering (IPO) of its...

Published 22 Nov, 2021 05:47am

Sports

Seven moments from seventh edition of T20 World Cup

DUBAI: From four wickets in four balls to the Quinton de Kock kneeling affair to India's elimination, there were...

Published 08 Nov, 2021 03:34pm

Sports

Kiwi kings of swing Boult and Southee eye World Cup final

ABU DHABI: Trent Boult and Tim Southee are New Zealand's kings of swing, unstarry but deadly with the new ball and...

Published 08 Nov, 2021 02:18pm

World

Abu Dhabi to allow non-Muslim civil marriage

DUBAI: Non-Muslims will be allowed to marry, divorce and get joint child custody under civil law in Abu Dhabi...

Published 08 Nov, 2021 05:20am

Sports

Semi-final race: New Zealand qualify, India knocked out

Kiwis thrash Afghanistan by eight wickets in Group 2 clash of T20 World Cup

Updated 07 Nov, 2021 06:10pm

Sports

First semi-final berth since 2012: Pakistan through to last-four after convincing win

Green shirts register fourth successive victory in ongoing ICC T20 World Cup, beat Namibia by 45 runs

Updated 02 Nov, 2021 10:58pm

Sports

Warner backed to fire as West Indies seek World Cup revival

DUBAI: Australia will look for misfiring David Warner to rediscover his form against South Africa in the opening...

Published 23 Oct, 2021 10:50am

Sports

Campher's four-in-four helps Ireland thrash Netherlands in T20 World Cup

ABU DHABI: Fast bowler Curtis Campher took four wickets in four balls to help Ireland thrash Netherlands by seven...

Updated 18 Oct, 2021 07:22pm

Markets

Major Gulf bourses mixed in early trade

Major stock markets in the Gulf were mixed in early trade on Sunday, with the Saudi Index outperforming the region...

Published 10 Oct, 2021 02:02pm

World

UAE says has 'overcome' Covid crisis

ABU DHABI: The United Arab Emirates declared Wednesday that it has overcome the Covid crisis, recording its lowest...

Published 06 Oct, 2021 05:15pm

Business & Finance

UAE to start marketing first federal dollar bond this week

DUBAI: The United Arab Emirates government is expected to begin marketing its first bond as a federation as soon as...

Published 04 Oct, 2021 05:56am

World

Abu Dhabi cancels COVID-19 entry testing for UAE travellers

DUBAI: Abu Dhabi will cancel COVID-19 testing requirements to enter the emirate for travellers from the UAE starting...

Updated 18 Sep, 2021 02:40pm

Markets

Abu Dhabi wealth fund to focus on tech, climate change after COVID-19

ADIA, which manages capital on behalf of the oil-rich Abu Dhabi government, does not disclose the value of its assets but the Sovereign Wealth Fund Institute

Published 08 Sep, 2021 12:19pm

Markets

Abu Dhabi outperforms Gulf peers, Saudi index near 14-year high

DUBAI: Abu Dhabi’s stock market outperformed its Gulf peers on Tuesday, driven by a bounce in telecoms giant...

Published 08 Sep, 2021 04:06am

Markets

Etisalat buoys Abu Dhabi bourse as Saudi extends gains

In Abu Dhabi, the index gained 1%, boosted by a 6.5% jump in Emirates Telecommunications Group

Published 07 Sep, 2021 01:56pm

Markets

ADNOC to sell minimum 7.5% stake in ADNOC Drilling IPO

ADNOC owns 95% of the Middle East's biggest drilling company. The remaining 5% is owned by Baker Hughes, whose 2018 purchase of its stake valued ADNOC Drilling at $11 billion

Published 06 Sep, 2021 10:50am

Markets

Most Gulf bourses follow global shares higher

Qatar ends a three-day losing streak
Cleopatra Hospital jumps on strong Q2 results

Published 30 Aug, 2021 06:54pm

World

UAE helps 28,000 flee Afghanistan: official

The UAE and Qatar have been instrumental staging posts for evacuation flights for Western countries' citizens as well as Afghan interpreters, journalists and others

Published 26 Aug, 2021 03:50pm

Business & Finance

Israel Aerospace, Etihad to open aircraft conversion site in Abu Dhabi

The new facility, which will operate as the company's maintenance centre in Abu Dhabi, aims to meet the growing demand for large cargo jets

Published 25 Aug, 2021 12:28pm

Markets

Major Gulf bourses gain, Saudi Aramco's Q2 profit surges

DUBAI: Major stock markets in the Gulf ended higher on Sunday, helped by a slew of corporate earnings, with the Abu...

Published 09 Aug, 2021 05:05am

Business & Finance

Abu Dhabi slashes business registration costs by 90PC

ABU DHABI: Abu Dhabi will slash the cost of establishing new businesses by "more than 90 percent" from Tuesday to...

Published 02 Aug, 2021 06:02am

Markets

Most Gulf markets firm on higher oil prices

DUBAI: Most stock markets in the Gulf ended higher on Tuesday, mirroring a rise in oil prices, with the Abu Dhabi...

Published 28 Jul, 2021 04:45am

Business & Finance

Transitioning your business to the UAE: Expert advice at the right time

Dealing with the logistics of such a transition can be confusing

Updated 26 Jul, 2021 05:11pm

World

Tourists to land for Phuket reopening despite Covid surge

Tourism makes up almost a fifth of the economy

Published 01 Jul, 2021 09:30am

World

Inaugurating embassy in UAE, Israel tells region: 'We're here to stay'

Yair Lapid's two-day visit, in which he will open an Israeli consulate in Dubai on Wednesday, is the first to the Gulf state by an Israeli cabinet minister

Published 30 Jun, 2021 11:32am

World

Abu Dhabi to ban unvaccinated people from many public places

The city announced a colour-coded system on its health app which details testing and vaccination history earlier this month.

Published 29 Jun, 2021 07:11pm

Business & Finance

Fledgling UAE rail network step towards bridging the Gulf

Etihad Rail says that one full freight train can replace 300 trucks, and cut CO2 emissions by 70-80 percent.

Published 25 Jun, 2021 11:41am

World

UAE's Abu Dhabi offers Covid vaccines to tourists

Proof of a visa or an entry stamp is required at the time of inoculation.

Published 21 Jun, 2021 08:26pm

Abu Dhabi group in talks on supply of Covid-19 vaccines

KARACHI: As shortage of anti-Covid-19 vaccines are being reported in various cities of the country, an international...

Published 19 Jun, 2021 03:23am

Gainers
Losers
Leaders

Stock	Price
National Silk / Dec 2 The National Silk & Rayon Mills Limited(NSRM)	20.97 ▲ 1.46 (7.48%)
Millat Tractors / Dec 2 Millat Tractors Limited(MTL)	899.00 ▲ 3.40 (0.38%)
Pak.Int.Cont.. / Dec 2 Pakistan International Container(PICT)	155.35 ▲ 0.20 (0.13%)
Allied Bank / Dec 2 Allied Bank Limited(ABL)	77.00 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 2 Abbott Laboratories (Pakistan) Limited(ABOT)	722.00 ▼ 0.00 (0.00%)
Attock Cement / Dec 2 Attock Cement Pakistan Limited(ACPL)	126.50 ▼ 0.00 (0.00%)
Adam Sugar / Dec 2 Adam Sugar Mills Limited(ADAMS)	35.05 ▼ 0.00 (0.00%)
Artistic Denim / Dec 2 Artistic Denim Mills Limited(ADMM)	71.30 ▼ 0.00 (0.00%)
Ados Pakistan / Dec 2 Ados Pakistan Limited(ADOS)	15.90 ▼ 0.00 (0.00%)
Agha Steel Ind. / Dec 2 Agha Steel Ind.Ltd(AGHA)	24.71 ▼ 0.00 (0.00%)

Stock	Price
Jubilee Spinning / Dec 2 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	5.35 ▲ -1.00 (-15.75%)
Nazir Cotton Mills / Dec 2 Nazir Cotton Mills Limited(NCML)	5.57 ▲ -0.67 (-10.74%)
Pak Mod. / Dec 2 First Pak Modaraba(PAKMI)	2.60 ▲ -0.30 (-10.34%)
Pace (Pak) Ltd. / Dec 2 Pace (Pakistan) Limited(PACE)	4.25 ▲ -0.48 (-10.15%)
Pak Gulf Leasin / Dec 2 Pak-Gulf Leasing Company Limited(PGLC)	6.00 ▲ -0.65 (-9.77%)
Kohinoor Spining / Dec 2 Kohinoor Spinning Mills Limited(KOSM)	3.90 ▲ -0.37 (-8.67%)
Javedan Corp. / Dec 2 Javedan Corporation Limited(JVDC)	49.23 ▲ -3.99 (-7.50%)
K.S.B.Pumps / Dec 2 KSB Pumps Company Limited(KSBP)	185.00 ▲ -15.00 (-7.50%)
National Refinery / Dec 2 National Refinery Limited(NRL)	263.67 ▲ -21.37 (-7.50%)
Prud Mod.1st / Dec 2 First Prudential Modaraba(PMI)	1.85 ▲ -0.15 (-7.50%)

Stock	Volume
Maple Leaf / Dec 2 Maple Leaf Cement Factory Limited(MLCF)	15,273,674 ▼ 0.00
Unity Foods Ltd / Dec 2 Unity Foods Limited(UNITY)	10,828,276 ▼ 0.00
G3 Tech. / Dec 2 G3 Technologies Limited(GTECH)	9,921,000 ▼ 0.00
Aisha Steel Mill / Dec 2 Aisha Steel Mills Limited(ASL)	8,799,500 ▼ 0.00
TRG Pak Ltd / Dec 2 TRG Pakistan Limited(TRG)	8,317,649 ▼ 0.00
WorldCall Telecom / Dec 2 Worldcall Telecom Limited(WTL)	8,141,500 ▼ 0.00
TPL Properties / Dec 2 TPL Properties Limited(TPLP)	6,420,500 ▼ 0.00
Fauji Foods Ltd / Dec 2 Fauji Foods Limited(FFL)	5,270,000 ▼ 0.00
Power Cement / Dec 2 Power Cement Limited(POWER)	5,039,500 ▼ 0.00
Byco Petroleum / Dec 2 Byco Petroleum Pakistan Limited(BYCO)	4,548,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	175.82
USD PKR Interbank Buying / Dec 1	175.72
USD to Japanese Yen / Dec 1	112.80
USD to Swiss Franc / Dec 1	0.92
Pound Sterling to USD / Dec 1	1.33
Euro to USD / Dec 1	1.13
UK LIBOR % / Dec 1	0.08

Stock	Volume
S&P 500 / Dec 1	4567.00
India Sensex / Dec 1	57684.79
Tokyo Nikkei / Dec 1	27935.62
Nasdaq / Dec 1	15254.05
Hang Seng / Dec 1	23658.92
FTSE 100 / Dec 1	7168.68
Dow Jones / Dec 1	34021.94
Germany DAX 30 / Dec 1	15472.67
France CAC40 / Dec 1	6881.87

Item	Value
Crude Oil / Dec 1	65.50
Karachi Cotton Assoc. / Dec 1	17680.00
Gold 10 Grams / Dec 1	101700.00
Gold Spot / Dec 1	1779.16
Cotton / Dec 1	104.19

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