Trends - Egypt - Business Recorder

Egypt

The Indus under siege

The Egyptian and Indus Valley civilizations, though separated by the chasm of time and geography, are linked by the...

Updated 14 Jun, 2025 08:09am

World

Egypt working to integrate railways into Asia-Europe trade

CAIRO: Egypt is working to integrate the country into a railway network connecting Asia and Europe, but a...

Published 26 May, 2025 05:56am

World

Israel airstrikes kill at least 100 in Gaza amid ceasefire talks

Mediators host new round of ceasefire talks between Israel, Hamas

Updated 18 May, 2025 11:07pm

World

Strong earthquake strikes off Crete, no damage reported

ATHENS: An earthquake of magnitude 5.9 struck off the island of Crete in Greece and was felt as far away as Egypt in...

Published 14 May, 2025 11:58am

World

Egypt’s Suez Canal offers 15% discount for big container ships to win back trade

CAIRO: Egypt’s Suez Canal will offer a 15% discount on transit fees for container ships with net tonnage of at least...

Published 13 May, 2025 04:45pm

World

Egyptian inflation climbs to 13.9% in April

CAIRO: Egypt’s annual urban consumer price inflation accelerated to 13.9% in April from 13.6% in March, matching...

Published 10 May, 2025 01:04pm

World

Qatar’s chief negotiator says ‘frustrated’ by pace of Gaza talks

Qatar, with the United States and Egypt, brokered a truce in Gaza between Israel and Hamas, which came into force on January 19 and largely halted over a year long attacks by Israel on Palestinians

Updated 20 Apr, 2025 11:30pm

World

France, Egypt, Jordan say Palestinian Authority must head post-war Gaza

CAIRO: The leaders of France, Egypt and Jordan on Monday said the Palestinian Authority must head post-war ...

Published 08 Apr, 2025 05:40am

Business & Finance

Egypt’s non-oil private sector contracts in March as demand weakens, PMI shows

CAIRO: Egypt’s non-oil private sector slipped into contraction in March, marking the first downturn of 2025 as...

Published 03 Apr, 2025 10:42am

World

Hamas agrees to Gaza ceasefire proposal, the group’s chief says

Hamas rules out disarming while Israeli occupation persists, defends weapons as 'Red Line'

Updated 30 Mar, 2025 09:45pm

Business & Finance

Egypt approves $91bn budget for 2025/26

CAIRO: Egypt’s cabinet approved a 4.6 trillion Egyptian pound ($91 billion) draft state budget for the financial...

Published 30 Mar, 2025 07:03am

Life & Style

Tomb of unidentified ancient Egyptian pharaoh discovered

Archaeologists have discovered the large limestone burial chamber of an unidentified ancient Egyptian pharaoh near...

Published 28 Mar, 2025 03:44pm

World

Six Russians dead, 39 tourists rescued after submarine sinks in Red Sea off Egypt

CAIRO: Six Russians died on Thursday and 39 foreign tourists were rescued when a viewing submarine sank off the...

Updated 28 Mar, 2025 10:50pm

Pakistan

Pakistan strongly condemns Israel’s deadly air strikes on Gaza

Pakistan on Tuesday strongly condemned Israel’s deadly airstrikes on Gaza that killed over 400 innocent...

Published 18 Mar, 2025 09:42pm

World

Israeli strikes kill over 400 in Gaza, say Palestinians, ceasefire on brink

Two-month ceasefire collapses with renewed Israeli aggression in Gaza

Updated 18 Mar, 2025 07:36pm

Opinion

‘US-Hamas direct talks: now all roads lead to Doha’

This is apropos a letter to the Editor titled “US-Hamas direct talks: now all roads lead to Doha” carried by the...

Published 11 Mar, 2025 06:15am

World

Arab alternative to Trump’s Gaza plan adopted by OIC

JEDDAH: The Organisation of Islamic Cooperation (OIC) formally adopted early Saturday an Arab League ...

Published 09 Mar, 2025 05:17am

World

Arab summit to focus on Egypt’s alternative to Trump’s ‘Gaza Riviera’

CAIRO: Egypt was expected to present a reconstruction plan for Gaza to Arab leaders in Cairo on Tuesday that would...

Published 04 Mar, 2025 08:41pm

World

Egypt says Gaza reconstruction plan ready

DUBAI: Egyptian Foreign Minister Badr Abdelatty said on Sunday that Egypt’s Gaza reconstruction plan, which ...

Published 03 Mar, 2025 06:28am

World

Egypt rejects displacement of Palestinians, threats to countries’ national security

CAIRO: Egypt rejects proposals to displace the Palestinian people in order to not “liquidate” the Palestinian cause...

Published 25 Feb, 2025 02:57pm

World

Saudi Arabia invites leaders of Gulf states, Egypt and Jordan for Gaza talks on Friday

Arab states have pledged to work on a plan for Gaza Strip’s reconstruction to counter US President Donald Trump’s proposal to redevelop enclave

Updated 20 Feb, 2025 10:19pm

World

Egypt says Gaza should be rebuilt without displacing Palestinians

DUBAI: Egypt’s president called on the international community on Wednesday to adopt a plan to rebuild war-torn Gaza...

Published 19 Feb, 2025 06:07pm

Business & Finance

Egypt, Cyprus sign gas export deals, boosting Eastern Mediterranean energy cooperation

CAIRO: Egypt and Cyprus signed agreements on Monday enabling the export of gas from Cyprus’s offshore fields to...

Published 17 Feb, 2025 08:27pm

World

Cairo building collapse kills 10: state media

CAIRO: A building collapse in the Egyptian capital killed 10 people and injured eight more on Monday, with several...

Published 17 Feb, 2025 02:05pm

World

Qatar, Egypt ‘working intensively’ to resolve Gaza truce ‘crisis’: Palestinian source

GAZA CITY: Mediators Qatar and Egypt were “working intensively” to resolve the crisis surrounding the Gaza ceasefire...

Published 12 Feb, 2025 05:14pm

World

Marco Rubio to visit Middle East after Trump proposal for US to take over Gaza

WASHINGTON: US Secretary of State Marco Rubio will visit Israel and Arab states in mid-February, a State Department...

Published 07 Feb, 2025 10:44am

World

Egypt signs $3bn LNG deals with Shell and TotalEnergies

LONDON: Egypt has signed deals worth about $3 billion with Shell and TotalEnergies to secure 60 cargoes of liquefied...

Published 07 Feb, 2025 06:32am

World

Egypt calls for Gaza reconstruction ‘without Palestinians leaving’

CAIRO: Egypt called on Wednesday for the swift reconstruction of Gaza and said Palestinians should not have to leave...

Published 05 Feb, 2025 05:25pm

World

In shock announcement, Trump says U.S. wants to take over Gaza Strip

WASHINGTON: President Donald Trump said the U.S. would take over the war-ravaged Gaza Strip and develop it...

Updated 05 Feb, 2025 09:50pm

Business & Finance

Egypt’s non-oil private sector posts growth in January, PMI shows

CAIRO: Egypt’s non-oil private sector expanded in January, marking its best performance in over four years and its...

Published 04 Feb, 2025 11:07am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 16	283.37
USD PKR Interbank Buying / Jun 16	283.17
USD to Japanese Yen / Jun 16	144.74
USD to Swiss Franc / Jun 16	0.81
Pound Sterling to USD / Jun 16	1.36
Euro to USD / Jun 16	1.16
UK LIBOR % / Jun 14	4.96

Stock	Volume
S&P 500 / Jun 14	5,976.97
Nasdaq / Jun 14	19,406.83
Dow Jones / Jun 14	42,197.79
India Sensex / Jun 16	81,650.51
Tokyo Nikkei / Jun 16	38,314.09
Hang Seng / Jun 16	23,975.22
FTSE 100 / Jun 16	8,884.17
Germany DAX 30 / Jun 16	23,603.27
France CAC40 / Jun 16	7,748.88

Item	Value
Crude Oil USD/Barrel / Jun 16	71.77
Karachi Cotton PKR/37.32 KG / Jun 16	16,785
Gold 10 Grams PKR / Jun 16	310,613
Gold Spot USD/Ounce / Jun 16	3,417.30
Cotton US¢/pound / Jun 16	68.02
Petrol/Litre / Jun 17	258.43
Diesel/Litre / Jun 17	262.59

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Jun 16 Pervez Ahmed Consultancy Services Ltd.(PASL)	3.93 ▲ 1 (34.13%)
First Prudential Mod. / Jun 16 First Prudential Modaraba(PMI)	4.39 ▲ 1 (29.5%)
First Punjab Modaraba / Jun 16 First Punjab Modaraba(FPJM)	4.48 ▲ 1 (28.74%)
Cresent Jute / Jun 16 Crescent Jute Products Limited(CJPL)	4.57 ▲ 1 (28.01%)
Unicap Modaraba / Jun 16 Unicap Modaraba(UCAPM)	4.60 ▲ 0.95 (26.03%)
Ist.Capital Sec / Jun 16 First Capital Securities Corporation(FCSC)	3.85 ▲ 0.79 (25.82%)
Shaheen Ins. / Jun 16 Shaheen Insurance Company Limited(SHNI)	5.67 ▲ 0.92 (19.37%)
Media Times Ltd / Jun 16 Media Times Limited(MDTL)	3.21 ▲ 0.5 (18.45%)
Equity Modaraba / Jun 16 First Equity Modaraba(FEM)	3.86 ▲ 0.58 (17.68%)
LSE Capital / Jun 16 LSE Capital Limited(LSECL)	6.37 ▲ 0.9 (16.45%)

Stock	Price
Intermarket Securities / Jun 16 Intermarket Securities Limited(IMS)	5.82 ▼ -51.44 (-89.84%)
PIA Holding Co.B / Jun 16 PIA Holding Company Limited B(PIAHCLB)	17,000.19 ▼ -1888.91 (-10%)
Pakgen Power / Jun 16 Pakgen Power Limited(PKGP)	263.77 ▼ -29.31 (-10%)
Khyber Textile / Jun 16 Khyber Textile Mills Limited(KHYT)	1,615.10 ▼ -179.45 (-10%)
Hala Enterprise / Jun 16 Hala Enterprises Limited(HAEL)	27.62 ▼ -3.07 (-10%)
Faisal Sp. / Jun 16 Faisal Spinning Mills Limited(FASM)	299.22 ▼ -30.74 (-9.32%)
Apna Microfin. / Jun 16 Apna Microfinance Bank Limited(AMBL)	10.70 ▼ -0.96 (-8.23%)
GOC (Pak) / Jun 16 GOC (Pak) Limited.(GOC)	73.72 ▼ -5.38 (-6.8%)
Ashfaq Textile / Jun 16 Ashfaq Textile Mills Limited(ASHT)	24.16 ▼ -1.54 (-5.99%)
LSE Financial Serv. / Jun 16 LSE Financial Services Limited(LSEFSL)	40.60 ▼ -2.37 (-5.52%)

Stock	Volume
WorldCall Telecom / Jun 16 Worldcall Telecom Limited(WTL)	267,081,176 ▲ 0.17
Pervez Ahmed Consultancy / Jun 16 Pervez Ahmed Consultancy Services Ltd.(PASL)	92,031,551 ▲ 1
Ist.Capital Sec / Jun 16 First Capital Securities Corporation(FCSC)	86,020,335 ▲ 0.79
Kohinoor Spining / Jun 16 Kohinoor Spinning Mills Limited(KOSM)	73,827,515 ▲ 0.48
Media Times Ltd / Jun 16 Media Times Limited(MDTL)	56,419,406 ▲ 0.5
PIA Holding Co.Ltd / Jun 16 PIA Holding Company Limited(PIAHCLA)	43,086,504 ▲ 1.78
Sui South Gas / Jun 16 Sui Southern Gas Company Limited(SSGC)	37,905,727 ▲ 1.76
Dewan Cement / Jun 16 Dewan Cement Limited(DCL)	29,277,399 ▲ 1.11
Cnergyico PK / Jun 16 Cnergyico PK Limited(CNERGY)	23,084,256 ▼ -0.06
K-Electric Ltd. / Jun 16 K-Electric Limited(KEL)	22,313,740 ▲ 0.04

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