Trends - Dubai - Business Recorder

Dubai

Art Dubai 2023 opens with focus on the 'Global South'

Art Dubai is back and opened for previews on Wednesday, March 1. It will open to the public on Friday, March 3, and...

Updated 02 Mar, 2023 09:12pm

Life & Style

Pakistan's Canvas Gallery to showcase at 16th edition of Art Dubai

Art Dubai will take place at Madinat Jumeirah, Dubai from March 3 to 5

Updated 27 Feb, 2023 09:51pm

Opinion

Dubai housing boom buoys buyers, burdens tenants

With rents soaring and properties selling fast, the expatriate hub of Dubai is in the throes of a housing boom...

Published 24 Feb, 2023 06:00am

Life & Style

Dubai housing boom buoys buyers, burdens tenants

DUBAI: With rents soaring and properties selling fast, the expatriate hub of Dubai is in the throes of a housing ...

Published 23 Feb, 2023 06:34pm

World

UAE’s Jaber says keeping 1.5 Celsius goal ‘alive’ is top priority for COP28

DUBAI: The United Arab Emirates climate envoy and designated president of the COP28 climate summit said on Wednesday...

Published 16 Feb, 2023 12:17pm

Markets

Public debt in Middle East/North Africa a ‘concern’, fiscal action needed: IMF

DUBAI: The head of the International Monetary Fund said on Sunday that public debt in some Middle East and North...

Updated 12 Feb, 2023 03:00pm

Pakistan

Coming from Dubai, Afghanistan: Indian onions being illegally supplied to local markets

ISLAMABAD: Indian onions coming from Dubai and Afghanistan (via Chaman border) are being supplied illegally to local...

Published 08 Feb, 2023 06:10am

World

UAE’s non-oil foreign trade jumps 17% in 2022

ABU DHABI: The United Arab Emirates’ foreign trade hit 2.2 trillion dirhams ($599 billion) in 2022, up 17%...

Published 06 Feb, 2023 08:33pm

Musharraf, the ‘architect’ of Kargil war, dies

ISLAMABAD/DUBAI: Former President Pervez Musharraf died on Sun-day following a prolonged illness at a hospital in...

Updated 06 Feb, 2023 09:10am

World

UAE ‘Sultan of Space’ grapples with Ramadan fast on ISS

DUBAI: The second Emirati to journey into space, martial arts enthusiast Sultan AlNeyadi, weighed up Thursday...

Published 02 Feb, 2023 09:09pm

Life & Style

Beyonce announces first new tour in nearly seven years

LONDON: Music star Beyonce announced her first new tour in nearly seven years on Wednesday, in which she will take...

Published 02 Feb, 2023 03:18pm

Business & Finance

Emirates announces ‘milestone’ sustainable fuel flight

DUBAI: Emirates said it successfully flew a Boeing 777 powered by sustainable aviation fuel on Monday, as the Middle...

Published 31 Jan, 2023 06:01am

Life & Style

Beyoncé gets $24mn payout to perform at opening of Dubai's Atlantis The Royal: report

Beyoncé's very first full-length concert in five years marked the opening of Dubai's grand new Atlantis The Royal....

Published 23 Jan, 2023 07:29pm

World

Dubai real estate transactions hit record high

DUBAI: Dubai recorded real estate transactions worth more than $143 billion in 2022, the official Dubai Media Office...

Published 16 Jan, 2023 09:00pm

Business & Finance

Dubai property price hikes seen slowing further in 2023

DUBAI: Residential property prices in Dubai are expected to rise at a slower pace in 2023 after a record year that...

Published 16 Jan, 2023 06:18am

World

Dubai property price rises seen slowing further in 2023: Betterhomes

DUBAI: Residential property prices in Dubai are expected to rise at a slower pace in 2023 after a record year that...

Published 15 Jan, 2023 05:44pm

PM to visit UAE tomorrow

ISLAMABAD: Prime Minister Shehbaz Sharif will be visiting the United Arab Emirates (UAE) from January 12 to 13, 2023...

Updated 11 Jan, 2023 08:57am

World

Dubai’s AED32 trillion economic agenda ‘ambitious but very achievable’

Dubai wants to double size of economy over next decade, become among top 3 global cities

Published 09 Jan, 2023 05:57pm

World

Dubai announces plan to ‘double’ economy in next decade

DUBAI: Dubai announced Wednesday a bold plan aiming to boost foreign trade and investment in the United Arab...

Published 09 Jan, 2023 07:06am

World

Dubai announces plan to ‘double’ economy in next decade

DUBAI: Dubai announced Wednesday a bold plan aiming to boost foreign trade and investment in the United Arab...

Published 04 Jan, 2023 07:47pm

Opinion

An alcoholic point

According to a Business Recorder news item, Dubai has suspended a tax of 30 percent on alcohol and dropped a licence...

Published 04 Jan, 2023 06:02am

Life & Style

Real estate: Dubai's SmartCrowd highlights 6 key areas to invest in 2023

SmartCrowd, UAE’s first regulated digital real estate investment platform, has highlighted six areas to invest in...

Updated 02 Jan, 2023 06:45pm

Business & Finance

Dubai scraps 30% tax on alcohol sales amid economic rebound

DUBAI: Dubai has suspended a tax of 30% on alcohol and dropped a licence fee previously needed to buy alcohol in the...

Published 02 Jan, 2023 01:08pm

World

UAE govt pushes work for local citizens

DUBAI: With foreign workers making up the vast bulk of private sector jobs in the United Arab Emirates, the Gulf’s...

Published 02 Jan, 2023 07:42am

World

Jobs for Emiratis: UAE pushes work for own citizens

DUBAI: With foreign workers making up the vast bulk of private sector jobs in the United Arab Emirates, the Gulf’s...

Updated 28 Dec, 2022 01:18pm

Markets

Most Gulf markets subdued on economic concerns; Dubai gains

DUBAI: Most stock markets in the Gulf ended lower on Monday, with modest trading volumes in the absence of many...

Published 27 Dec, 2022 06:07am

Life & Style

Legendary Hollywood composer Hans Zimmer set to enthral audiences as part of Dubai Shopping Festival

A staple of the winter season in the emirates, the Dubai Shopping Festival (DSF), the world’s longest-running retail...

Updated 24 Dec, 2022 12:39pm

Life & Style

Dubai sees tourism surge as 'diversified approach' helps it tap new markets

Dubai received 11.4 million overnight international visitors during January-October 2022, up 134% from the same...

Published 15 Dec, 2022 10:42pm

Life & Style

Deep Dive Dubai: the deepest swimming pool has cars, motorcycles and a toilet

Whether you’re an average swimmer who’s always dreamed of exploring the depths of the sea, or a certified and...

Published 15 Dec, 2022 06:23am

Life & Style

Dubai set to open $5mn NFT gallery in DIFC

Morningstar Ventures, an investment firm covering blockchain technology and digital assets, has invested over $5...

Published 14 Dec, 2022 04:41pm

Gainers
Losers
Leaders

Stock	Price
Pak Gen.Ins. / Mar 29 The Pakistan General Insurance Co. Ltd.(PKGI)	4.42 ▲ 0.62 (16.32%)
Popular Islamic / Mar 29 Popular Islamic Modaraba(PIM)	8.15 ▲ 1.00 (13.99%)
KASB Modaraba / Mar 29 KASB Modaraba(KASBM)	1.24 ▲ 0.15 (13.76%)
Invest Bank / Mar 29 Invest Capital Investment Bank Limited(ICIBL)	1.19 ▲ 0.10 (9.17%)
Khyber Tex. / Mar 29 Khyber Textile Mills Limited(KHYT)	369.70 ▲ 25.79 (7.50%)
J.K.Spinning / Mar 29 J.K. Spinning Mills Limited(JKSM)	43.32 ▲ 3.02 (7.49%)
Khairpur / Mar 29 Khairpur Sugar Mills Limited(KPUS)	67.61 ▲ 4.71 (7.49%)
Quetta Textile / Mar 29 Quetta Textile Mills Limited(QUET)	15.22 ▲ 1.06 (7.49%)
Zahid Jee Textile / Mar 29 Zahidjee Textile Mills Limited(ZAHID)	26.87 ▲ 1.87 (7.48%)
Shield Corp. / Mar 29 Shield Corporation Limited(SCL)	304 ▲ 20.89 (7.38%)

Stock	Price
Pak. P.V.C. / Mar 29 Pakistan PVC Limited(PPVC)	3.91 ▼ -0.99 (-20.20%)
First Pak Mod. / Mar 29 First Pak Modaraba(PAKMI)	1.20 ▼ -0.20 (-14.29%)
Bilal Fibres / Mar 29 Bilal Fibres Limited(BILF)	2.15 ▼ -0.29 (-11.89%)
Unicap Modaraba / Mar 29 Unicap Modaraba(UCAPM)	1.61 ▼ -0.19 (-10.56%)
U.D.L.Modaraba / Mar 29 First UDL Modaraba(FUDLM)	4.71 ▼ -0.49 (-9.42%)
Media Times Ltd / Mar 29 Media Times Limited(MDTL)	1.82 ▼ -0.16 (-8.08%)
Ghazi Fabrics / Mar 29 Ghazi Fabrics International Limited(GFIL)	4.07 ▼ -0.34 (-7.71%)
Saritow Spinning / Mar 29 Saritow Spinning Mills Limited(SSML)	4.03 ▼ -0.33 (-7.57%)
Metro Steel / Mar 29 Metropolitan Steel Corporation Limited(MSCL)	27.39 ▼ -2.22 (-7.50%)
Nimir Ind.Chem. / Mar 29 Nimir Industrial Chemicals Limited(NICL)	57.77 ▼ -4.68 (-7.49%)

Stock	Volume
Telecard Limited / Mar 29 Telecard Limited(TELE)	23,781,500 ▼ -0.33
WorldCall Telecom / Mar 29 Worldcall Telecom Limited(WTL)	9,342,048 ▼ -0.02
Pakistan Alumin / Mar 29 Pakistan Aluminium Beverage Cans Limited(PABC)	7,635,500 ▼ -2.29
Pak Int.Bulk / Mar 29 Pakistan International Bulk Terminal(PIBTL)	5,999,500 ▼ -0.17
Nishat Mills Ltd / Mar 29 Nishat Mills Limited(NML)	4,517,772 ▼ -0.92
Shifa Int.Hosp / Mar 29 Shifa International Hospitals Limited(SHFA)	4,299,000 ▲ 8.00
Pak Elektron / Mar 29 Pak Elektron Limited(PAEL)	4,048,000 ▼ -0.07
K-Electric Ltd. / Mar 29 K-Electric Limited(KEL)	3,769,542 ▼ -0.02
Habib Bank / Mar 29 Habib Bank Limited(HBL)	3,527,993 ▼ -1.26
D.G.K.Cement / Mar 29 D.G. Khan Cement Company Limited(DGKC)	3,430,473 ▼ -0.07

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 29	284
USD PKR Interbank Buying / Mar 29	283.40
USD to Japanese Yen / Mar 29	131.67
USD to Swiss Franc / Mar 29	0.92
Pound Sterling to USD / Mar 29	1.23
Euro to USD / Mar 29	1.08
UK LIBOR % / Mar 28	4.81

Stock	Volume
S&P 500 / Mar 28	3971.27
Nasdaq / Mar 28	11716.08
Dow Jones / Mar 28	32394.25
India Sensex / Mar 29	57772.50
Tokyo Nikkei / Mar 29	27883.78
Hang Seng / Mar 29	20191.68
FTSE 100 / Mar 29	7506.30
Germany DAX 30 / Mar 29	15242.54
France CAC40 / Mar 29	7139.99

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 28	18935
Gold 10 Grams PKR / Mar 28	175411
Crude Oil USD/Barrel / Mar 29	73.63
Gold Spot USD/Ounce / Mar 29	1966.74
Cotton US¢/pound / Mar 29	82

Dubai

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