Trends - Abu Dhabi - Business Recorder

Abu Dhabi

Abu Dhabi hits 2-year low as Gulf bourses drop

DUBAI: Most stock markets in the Gulf slipped on Tuesday amid rising geopolitical tensions in the region, while...

Published 29 May, 2024 06:05am

Business & Finance

UAE-Pakistan Tech Collaboration’s Round Table Session at Abu Dhabi: IT sector top priority of present govt: IT Minister

ISLAMABAD: Minister of State for IT and Telecommunication Shaza Fatima Khawaja has said that Pakistan today is the...

Published 24 May, 2024 06:21am

Life & Style

Abu Dhabi sees first beer made in Arab Gulf

ABU DHABI: Inside his Abu Dhabi gastro pub, Chad McGehee inspects shiny steel tanks fermenting a special brew: the...

Published 14 May, 2024 06:16pm

Markets

Abu Dhabi’s Aldar sell $500mn in 10-year green sukuk

Abu Dhabi’s largest real estate developer Aldar Properties Has launched $500 million in 10-year green sukuk, an...

Published 08 May, 2024 05:07pm

Life & Style

Hollywood actor Ryan Reynolds appointed Yas Island’s Chief Island Officer

Reynolds succeeds Jason Momoa as CIO of the Abu Dhabi destination

Updated 29 Apr, 2024 11:36pm

World

Abu Dhabi developer Aldar posts 88% Q1 profit leap, optimistic on Egypt

DUBAI: Abu Dhabi’s biggest developer, Aldar Properties plans to speed development activity across its markets and is...

Published 29 Apr, 2024 05:32pm

Business & Finance

Abu Dhabi returns to debt markets with $5bn bond sale

ABU DHABI: Abu Dhabi, capital of the United Arab Emirates, on Tuesday launched $5 billion in three-part bonds as it...

Published 24 Apr, 2024 03:50am

Markets

Abu Dhabi starts selling three-part benchmark debt

The Emirate of Abu Dhabi has started selling its triple-tranche benchmark debt, fixed income news service IFR...

Published 23 Apr, 2024 12:56pm

World

Dubai airport limits arriving flights amid storm backlog

DUBAI: Dubai’s main airport said on Friday it is limiting the number of flights arriving for two days, as it...

Published 19 Apr, 2024 03:12pm

World

Life disrupted in UAE as heavy storms take toll

Flooding has hit many areas of Dubai and Abu Dhabi, the UAE capital, and cut off major roads, snarling traffic and leaving cars stranded

Published 16 Apr, 2024 10:45pm

Markets

Gulf markets climb with oil prices; Abu Dhabi slips

Most stock markets in the Gulf were up in early trading on Thursday as oil prices rose, helped by strong demand in...

Published 14 Mar, 2024 01:42pm

World

WTO talks end with no major win, throwing trade body into ‘crisis’

ABU DHABI: A high-level WTO conference ended Saturday with a temporary extension of an e-commerce moratorium but no...

Published 03 Mar, 2024 02:55am

World

Saudi Arabia denies its minister met with Israeli counterpart

ABU DHABI: Saudi Arabia denied that a meeting had taken place between its commerce minister and his Israeli...

Published 28 Feb, 2024 06:10am

Business & Finance

WTO braces for battles on fisheries, agriculture in UAE talks

ABU DHABI: The world’s trade ministers are set for tough negotiations on Tuesday at a WTO meeting in Abu Dhabi, with...

Published 27 Feb, 2024 11:21am

Markets

Gulf markets end mixed on earnings

DUBAI: Stock markets in the Gulf ended mixed on Thursday, following a slew of upbeat corporate earnings, while...

Published 16 Feb, 2024 06:02am

Business & Finance

Abu Dhabi Dialogue brings under focus issues pertaining to labour mobility, women’s jobs: envoy

ISLAMABAD: Pakistan’s Ambassador to the United Arab Emirates (UAE) Faisal Niaz Tirmizi on Sunday while ...

Published 12 Feb, 2024 06:25am

Life & Style

Abu Dhabi set to host ‘Dune: Part Two’ premiere

Middle East event will be held on February 18

Published 09 Feb, 2024 05:08pm

World

Abu Dhabi nears deal to buy stake in Turkish port: sources

ISTANBUL: Abu Dhabi is set to buy a stake in a key Turkish port, according to four sources aware of the deal, in a...

Published 17 Dec, 2023 05:22pm

Life & Style

Abu Dhabi emerges as new haven for the ultra-wealthy

Abu Dhabi has emerged a new wealth-hub for those looking to protect their assets in overseas locales, according to...

Published 12 Dec, 2023 06:16pm

World

Putin to talk oil in UAE and Saudi, to meet Crown Prince Mohammed bin Salman

MOSCOW: Russian President Vladimir Putin visits the United Arab Emirates and Saudi Arabia on Wednesday and will hold...

Published 06 Dec, 2023 01:43pm

Pakistan

PM visits UAE’s Sheikh Zayed Grand Mosque

ABU DHABI: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Tuesday visited the Sheikh Zayed Grand Mosque in Abu...

Published 29 Nov, 2023 05:09am

Business & Finance

Abu Dhabi-backed fund set to seize UK’s Telegraph Media Group

LONDON: Abu Dhabi-backed investment fund RedBird IMI said Monday it is set to take control of The Daily and Sunday...

Published 21 Nov, 2023 06:01am

World

UAE to set up 150-bed field hospital in Gaza: official media

DUBAI: The United Arab Emirates is to set up a field hospital in the Gaza Strip, official media said after the...

Published 07 Nov, 2023 02:00pm

World

UAE says it plans to treat 1,000 Palestinian children from Gaza

DUBAI: The United Arab Emirates said on Thursday it planned to treat 1,000 Palestinian children from Gaza, without...

Published 02 Nov, 2023 03:17pm

Business & Finance

Abu Dhabi weighs investment pledges worth $50 billion for India: Bloomberg News

The United Arab Emirates is considering investing as much as $50 billion in India and provisional pledges from the...

Published 02 Nov, 2023 03:11pm

Markets

Abu Dhabi’s ADNOC Gas signs 2 year LNG supply deal with Japan’s JERA

KUALA LUMPUR: Abu Dhabi’s ADNOC Gas and Japan’s JERA Global Markets signed a liquefied natural gas (LNG) agreement...

Published 18 Oct, 2023 12:13pm

Life & Style

Abu Dhabi, Dubai among top destinations for ‘digital nomads’

Other cities in top ten include Singapore, Orlando, Houston

Published 02 Oct, 2023 06:33pm

Business & Finance

Abu Dhabi's IHC to sell stake in two Adani group companies

BENGALURU: Abu Dhabi conglomerate International Holding Company (IHC) on Thursday said it will sell its stake in two...

Published 28 Sep, 2023 11:09pm

Business & Finance

India’s Reliance Retail in talks with Gulf, Singapore funds on $1.5bn injection

MUMBAI/NEW DELHI/DUBAI: India’s Reliance Retail is in talks with existing investors including the sovereign wealth...

Published 13 Sep, 2023 03:10pm

Abhi’s valuation grew to $90m in two years

KARACHI: Pakistan’s financial startup Abhi’s valuation grew to $90 million during the last two years and became one...

Updated 23 Aug, 2023 09:45am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 27	278.43
USD PKR Interbank Buying / May 27	278.23
USD to Japanese Yen / May 28	157.24
USD to Swiss Franc / May 28	0.91
Pound Sterling to USD / May 28	1.28
Euro to USD / May 28	1.08

Stock	Volume
S&P 500 / May 28	5306.04
India Sensex / May 28	75170.45
Tokyo Nikkei / May 28	38790.40
Nasdaq / May 28	17019.88
Hang Seng / May 28	18612.70
FTSE 100 / May 28	8254.18
Dow Jones / May 28	38852.86
Germany DAX 30 / May 28	18677.87

Item	Value
Karachi Cotton PKR/37.32 KG / May 27	19935
Crude Oil USD/Barrel / May 28	80.12
Gold 10 Grams PKR / May 28	206018
Gold Spot USD/Ounce / May 28	2358.18
Cotton US¢/pound / May 28	78.80
Petrol/Litre / May 29	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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