Trends - Abu Dhabi - Business Recorder

Abu Dhabi

Abu Dhabi shakes up wealth funds, with top royals chairing them

DUBAI: Abu Dhabi announced a reshuffle at the top of its two biggest sovereign wealth funds on Thursday, appointing...

Published 13 Mar, 2023 06:15am

Markets

Abu Dhabi’s ADNOC Drilling net profit rises 33% in 2022

DUBAI: Abu Dhabi’s ADNOC Drilling reported on Monday a rise of 33% in 2022 net profit, with revenue boosted by its...

Published 13 Feb, 2023 01:12pm

Markets

Saudi Arabia may lower crude prices to Asia for 4th straight month

SINGAPORE: Saudi Arabia, the world’s largest oil exporter, may trim prices for crude grades sold to Asia for a...

Published 30 Jan, 2023 11:15am

PM urges Abu Dhabi Chamber to make investments

ABU DHABI: Prime Minister Shehbaz Sharif on Friday urged the members of the Abu Dhabi Chamber to visit Pakistan and...

Updated 14 Jan, 2023 08:46am

Business & Finance

United Arab Emirates to host next major WTO meeting in Feb. 2024

GENEVA: The next World Trade Organization ministerial conference will be held in Abu Dhabi, United Arab Emirates in...

Published 19 Dec, 2022 03:13pm

Markets

Saudi Aramco’s Luberef expects to raise up to $1.32bn from IPO

DUBAI: Saudi oil giant Aramco’s base oil subsidiary Luberef expects to raise up to 4.95 billion riyals ($1.32...

Published 04 Dec, 2022 01:16pm

Sports

England cricketers land in Pakistan for first Test series in 17 years

The three-match series, part of the World Test championship, starts in Rawalpindi from December 1 with the second Test in Multan (December 9-13) and the third in Karachi (December 17-21)

Updated 27 Nov, 2022 05:05pm

Technology

Binance CEO Zhao: significant interest in crypto industry recovery fund

ABU DHABI: Binance chief executive Changpeng Zhao said on Wednesday there was significant interest from industry...

Published 16 Nov, 2022 01:33pm

Markets

Major Gulf bourses gain in early trade; Abu Dhabi falls

Most major stock markets in the Gulf gained in early trade on Monday, amid rising oil prices, although the Abu Dhabi...

Published 17 Oct, 2022 02:22pm

World

$3bn railway to link Oman, UAE

DUBAI: A new $3 billion railway is to link Oman’s Sohar port with Abu Dhabi, capital of the United Arab Emirates,...

Published 29 Sep, 2022 05:54am

Sports

Hamilton says safety car controversy revives memories of Abu Dhabi

MONZA: Lewis Hamilton said that the safety car finish at Sunday’s Italian Grand Prix revived painful memories of the...

Published 12 Sep, 2022 11:06am

World

Abu Dhabi bourse tracks oil prices higher; Dubai flat

Abu Dhabi’s stock market ended higher on Friday amid rising oil prices, although the Dubai index snapped two...

Published 26 Aug, 2022 06:05pm

World

Afghan refugees, migrants protest in UAE over uncertain future

DUBAI: Afghan refugees and migrants living in limbo at a United Arab Emirates (UAE) facility for nearly a year since...

Published 24 Aug, 2022 10:55am

Business & Finance

Wizz Air to resume flights from UAE to Russia in October

DUBAI: European budget airline Wizz Air will resume flights from Abu Dhabi to Moscow from October, it said on...

Published 08 Aug, 2022 05:24pm

Pakistan

Abu Dhabi official emphasises UAE's intention to invest $1bn in Pakistan

Emphasises keenness of the UAE and Pakistan to continue cooperation in various fields including gas, energy infrastructure among others

Published 05 Aug, 2022 09:34pm

Business & Finance

Etihad Airways swings to first half operating profit of nearly $300mn

DUBAI: Abu Dhabi’s Etihad Airways swung to a core operating profit of $296 million in the first half of 2022 from a...

Published 28 Jul, 2022 03:35pm

Life & Style

Louvre Abu Dhabi to hold exhibition of Impressionist art

Will feature more than 150 masterpieces

Published 06 Jul, 2022 09:22pm

World

UAE cuts red tape to attract businesses as govt continues to diversify

This is the latest policy announcement as it seeks to further diversify economy away from oil revenues

Published 06 Jul, 2022 06:57pm

Markets

Most Gulf shares decline after Fed rate hike; Saudi gains

Most Gulf markets fell in early trade on Thursday, after the US Federal Reserve lifted interest rates to curb...

Published 16 Jun, 2022 01:26pm

Markets

UAE aims to up 2022 federal spending by $335 million

DUBAI: The United Arab Emirates’ federal government aims to increase spending by 1.23 billion dirhams ($334.9...

Published 14 Jun, 2022 03:47pm

Life & Style

IIFA Awards 2022 postponed until July

Will now be held from July 14 to 16

Published 16 May, 2022 07:56pm

Pakistan

PM Shehbaz arrives in UAE to express condolences on Sheikh Khalifa’s passing

Premier will offer his condolence to the newly elected President of UAE Sheikh Mohamed bin Zayed Al Nahyan

Updated 15 May, 2022 02:37pm

Business & Finance

Qatar scores as World Cup host but may not net long-term goals

DOHA: Tucked behind Doha’s $300-million Lusail Boulevard, where construction workers are toiling to transform desert...

Published 06 May, 2022 11:41am

Technology

UAE telecoms group e& offers to hike stake in Saudi Arabia’s Mobily

DUBAI: The United Arab Emirates telecoms group e& has made an offer to increase its stake in Saudi Arabia’s...

Published 16 Mar, 2022 12:14pm

World

Spain’s former king Juan Carlos to stay in UAE: royal family

MADRID: Spain’s former king Juan Carlos said he will stay in Abu Dhabi despite the closure of investigations into...

Published 08 Mar, 2022 12:21pm

World

UAE’s lone nuclear plant ‘well protected’: regulator

DUBAI: The United Arab Emirates’ only nuclear power plant is “well protected” against security threats, the...

Published 24 Feb, 2022 06:34am

Markets

UAE's lone nuclear plant 'well protected', regulator says amid Houthi threats

DUBAI: The United Arab Emirates' only nuclear power plant is "well protected" against security threats, the ...

Published 23 Feb, 2022 02:16pm

Markets

Most Gulf bourses turn south as Ukraine crisis deepens

Most stock markets in the Gulf fell in early trade on Tuesday, tracking global shares, as tensions between Russia ...

Updated 22 Feb, 2022 01:15pm

World

Little-known bullfighting tradition lives on in UAE village

AL-QURAYYAH: Far from Dubai's gleaming skyscrapers and renowned camel races, a bullfight is under way in the emirate...

Published 18 Feb, 2022 10:53am

World

US discusses ‘potential’ resettlement with Afghans in UAE

ABU DHABI: US officials in the United Arab Emirates met with Afghans after a protest in Abu Dhabi this week and...

Published 14 Feb, 2022 06:47am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Mar 27 786 Investments Limited(786)	4.95 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Mar 27 Al-Abbas Sugar Mills Limited(AABS)	361.20 ▼ 0.00 (0.00%)
Agro Allianz / Mar 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 27 Allied Bank Limited(ABL)	62.50 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 27 Abbott Laboratories (Pakistan) Limited(ABOT)	398.28 ▼ 0.00 (0.00%)
Abson Ind. / Mar 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Mar 27 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▼ 0.00 (0.00%)
Attock Cement / Mar 27 Attock Cement Pakistan Limited(ACPL)	56.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Mar 27 786 Investments Limited(786)	4.95 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Mar 27 Al-Abbas Sugar Mills Limited(AABS)	361.20 ▲ 0.00 (0.00%)
Agro Allianz / Mar 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Mar 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Mar 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Mar 27 Allied Bank Limited(ABL)	62.50 ▲ 0.00 (0.00%)
Abbott Lab. / Mar 27 Abbott Laboratories (Pakistan) Limited(ABOT)	398.28 ▲ 0.00 (0.00%)
Abson Ind. / Mar 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Mar 27 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▲ 0.00 (0.00%)
Attock Cement / Mar 27 Attock Cement Pakistan Limited(ACPL)	56.07 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	4,011,170 ▲ 0.00
Telecard Limited / Mar 27 Telecard Limited(TELE)	3,877,000 ▲ 0.00
TPL Properties / Mar 27 TPL Properties Limited(TPLP)	1,839,174 ▲ 0.00
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	1,788,500 ▲ 0.00
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	1,517,500 ▲ 0.00
Ghani Glo Hol / Mar 27 Ghani Global Holdings Limited(GGL)	1,464,753 ▲ 0.00
TRG Pak Ltd / Mar 27 TRG Pakistan Limited(TRG)	1,323,297 ▲ 0.00
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	1,307,610 ▲ 0.00
Fauji Foods Ltd / Mar 27 Fauji Foods Limited(FFL)	1,204,138 ▲ 0.00
Hascol Petrol / Mar 27 Hascol Petroleum Limited(HASCOL)	1,161,000 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	285.50
USD PKR Interbank Buying / Mar 22	283.20
USD to Japanese Yen / Mar 24	130.73
USD to Swiss Franc / Mar 24	0.92
Pound Sterling to USD / Mar 24	1.22
Euro to USD / Mar 24	1.08
UK LIBOR % / Mar 22	4.56

Stock	Volume
S&P 500 / Mar 24	3970.99
India Sensex / Mar 24	57527.10
Tokyo Nikkei / Mar 24	27385.25
Nasdaq / Mar 24	11823.96
Hang Seng / Mar 24	19915.68
FTSE 100 / Mar 24	7405.45
Dow Jones / Mar 24	32237.53
Germany DAX 30 / Mar 24	14957.23
France CAC40 / Mar 24	7015.10

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 22	175068
Crude Oil USD/Barrel / Mar 24	69.26
Gold Spot USD/Ounce / Mar 24	1978.21
Cotton US¢/pound / Mar 24	76.54

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