Trends - Dubai - Business Recorder

Dubai

Israel's goal to destroy Hamas risks decade of war: Macron

'I think we're at a point where the Israeli authorities are going to have to define their objective and desired end state more precisely,' French President says

Updated 03 Dec, 2023 04:00pm

Life & Style

‘Most harmful industry on planet’: Designer Stella McCartney advocates sustainability at COP28

Fashion designer and climate activist Stella McCartney, who is in Dubai for COP28, spoke about sustainable fashion...

Published 02 Dec, 2023 11:39pm

World

On 52nd Union Day, UAE looks to ‘foster spirit of ambition in country’s youth’

As UAE celebrated its 52nd Union Day on Saturday, its president His Highness Sheikh Mohamed bin Zayed Al Nayhan said...

Updated 02 Dec, 2023 11:06pm

World

World Bank, UAE lead climate financing boost at COP28

DUBAI: Governments, development banks and companies announced on Friday initiatives to mobilise billions in climate...

Published 02 Dec, 2023 05:09am

World

World Bank, UAE lead climate financing boost at COP28

DUBAI: Governments, development banks and companies announced on Friday initiatives to mobilise billions in climate...

Published 02 Dec, 2023 05:09am

World

UN chief, COP28 president clash over future of fossil fuels

DUBAI: UN Secretary General Antonio Guterres urged world leaders at the COP28 climate summit to plan for a future...

Published 02 Dec, 2023 05:09am

Pakistan

PM joins world leaders to discuss climate actions

DUBAI: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Friday held informal interactions with multiple world ...

Published 02 Dec, 2023 05:09am

Climate plans: Over 130 nations agree to include food, agriculture

DUBAI: More than 130 countries agreed to prioritise food and agriculture in their national climate plans at COP28 in...

Updated 02 Dec, 2023 03:51pm

Transport for visiting ministers: Embassy in UAE seeks more funds

ISLAMABAD: Pakistan’s Embassy in United Arab Emirates (UAE) is said to have asked Ministry of Finance, and Power and...

Updated 02 Dec, 2023 09:35am

Business & Finance

Banks get carbon emissions standard they sought for stock, bond deals

LONDON: Banks will need to account for a third of the emissions linked to their capital markets deals when they...

Published 02 Dec, 2023 05:09am

World

COP28: war makes threats of water and food scarcity more severe: Jordan King

DUBAI: Jordan’s King Abdullah said on Friday that war makes threats of water and food scarcity more severe, in his...

Published 01 Dec, 2023 06:00pm

Pakistan

COP28: Caretaker PM Kakar arrives at Dubai Expo City

Kakar received by UAE President and UN Secretary-General at venue

Updated 01 Dec, 2023 09:44pm

World

Afghan govt slams lack of invite to COP28

KABUL: Afghanistan’s Taliban authorities on Thursday condemned a decision not to invite its representatives to the...

Published 01 Dec, 2023 04:43am

Pakistan

Minister meets SOCAR team in Dubai

ISLAMABAD: The Minister for Energy held a meeting with the leadership of SOCAR Trading in Dubai with their...

Published 01 Dec, 2023 04:43am

World

COP28 opens with ‘historic’ launch of loss and damage fund

Talks in Dubai come at a pivotal moment for the planet, with emissions still rising
Caretaker PM Kakar will attend the World Climate Action Summit on December 1 and 2

Published 30 Nov, 2023 08:54pm

World

COP28: everything you need to know as climate change conference kicks off in Dubai

Curtailing the use of fossil fuels and carbon emissions are expected to be topping the agenda of the 13-day summit

Published 30 Nov, 2023 04:25pm

World

COP28 summit opens with hopes for early deal on climate damage fund

BRUSSELS/DUBAI: Countries at the UN’s COP28 climate summit opening on Thursday hope to clinch an early deal on a new...

Published 30 Nov, 2023 11:07am

World

COP28 president denies using climate talks to push oil deals

DUBAI: The Emirati host of the UN climate conference in Dubai denied Wednesday reports that he used his presidency ...

Published 30 Nov, 2023 04:53am

Business & Finance

Too big to ignore: this partner at Dubai-based VC firm has a ‘long-term view’ on markets like Pakistan

Sacha Haider, who sees 5-10 pitchdecks a week from different markets, believes UAE and Dubai’s B2G model is perfectly viable for Pakistan as well

Updated 30 Nov, 2023 10:28am

Business & Finance

Record for city: Dubai Taxi gets $41bn in orders for $315mn IPO

Offer massively oversubscribed
Final offer price set at Dh1.85, indicating a market value of Dh4.6 billion when company starts trading on the Dubai Financial Market on December 7

Published 30 Nov, 2023 12:22am

Life & Style

UAE’s Global Carbon Investments to launch ‘one of world’s largest clean cooking initiatives’ in Pakistan

LPG gas tanks, distributed under this initiative, will feature ‘Pay As You Cook’ technology

Published 29 Nov, 2023 04:08pm

World

Healthcare changes can slash climate impact: Unitaid

GENEVA: Global healthcare has a significant impact on the environment but there are ways it could slash its...

Published 29 Nov, 2023 05:09am

Life & Style

Busan, Riyadh or Rome? 2030 World Expo host to be revealed

PARIS: Organisers will on Tuesday announce the host of the 2030 World Expo, with Rome in Italy, the Saudi capital...

Published 28 Nov, 2023 02:20pm

World

Indian Prime Minister Modi to attend COP28 in Dubai

NEW DELHI: Indian Prime Minister Narendra Modi will visit UAE to attend the UN climate conference (COP28) in Dubai...

Published 27 Nov, 2023 01:23pm

World

Biden to miss COP28 climate summit: US official

WASHINGTON: President Joe Biden will miss the latest UN climate summit in Dubai, after two years of attending the...

Published 27 Nov, 2023 12:13pm

Pakistan

‘Irked’ by Zardari’s remark, Bilawal leaves for Dubai

ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto-Zardari, Thursday, left for Dubai shortly after...

Published 25 Nov, 2023 05:19am

Life & Style

Dubai: Burj Khalifa’s NYE fireworks set to thrill audiences

Record number of firing positions and pyrotechnic elements will be incorporated

Published 24 Nov, 2023 05:43pm

Technology

Startup founders: why this Pakistani couple moved to Dubai after setting up Metric

Meenah Tariq and Omar Parvez Khan set up Metric in 2022 - an app that simplifies accounting and finance for...

Updated 24 Nov, 2023 10:23am

Markets

Dubai Taxi sets IPO price range, valuing company at up to $1.25bn

DUBAI: Dubai Taxi Company (DTC) on Tuesday kicked off the subscription period for its upcoming initial public...

Published 21 Nov, 2023 01:27pm

World

COP28 turns attention to potent methane emissions

DUBAI: Climate talks often revolve around reducing the most dangerous greenhouse gas CO2. But other powerful...

Published 21 Nov, 2023 11:38am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▼ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▼ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▲ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▲ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▲ 0.00 (0.00%)

Stock	Volume
Maple Leaf Cement / Dec 3 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▲ 0.00
Pak Elektron / Dec 3 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.00
Fauji Fert Bin / Dec 3 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.00
Fauji Cement / Dec 3 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 0.00
Hum Network / Dec 3 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.00
WorldCall Telecom / Dec 3 Worldcall Telecom Limited(WTL)	17,256,413 ▲ 0.00
D.G.K.Cement / Dec 3 D.G. Khan Cement Company Limited(DGKC)	14,240,764 ▲ 0.00
Air Link Com. / Dec 3 Air Link Communication Limited(AIRLINK)	13,542,140 ▲ 0.00
Dewan Cement / Dec 3 Dewan Cement Limited(DCL)	12,062,500 ▲ 0.00
K-Electric Ltd. / Dec 3 K-Electric Limited(KEL)	10,296,343 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	285.15
USD PKR Interbank Buying / Dec 1	284.95
USD to Japanese Yen / Dec 1	146.82
USD to Swiss Franc / Dec 1	0.87
Pound Sterling to USD / Dec 1	1.27
Euro to USD / Dec 1	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 1	4594.63
India Sensex / Dec 1	67481.19
Tokyo Nikkei / Dec 1	33431.51
Nasdaq / Dec 1	14305.03
Hang Seng / Dec 1	16830.30
FTSE 100 / Dec 1	7529.35
Dow Jones / Dec 1	36245.50
Germany DAX 30 / Dec 1	16397.52
France CAC40 / Dec 1	7346.15

Item	Value
Crude Oil USD/Barrel / Dec 1	74.07
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Gold Spot USD/Ounce / Dec 1	2072.22
Cotton US¢/pound / Dec 1	79.42

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