Trends - Egypt - Business Recorder

Egypt

Egypt reclaims 3,400-year-old stolen statue of King Ramses II

CAIRO: Egypt welcomed home a 3,400-year-old statue depicting the head of King Ramses II after it was stolen and...

Published 22 Apr, 2024 01:25pm

World

Qatar says Gaza ceasefire talks at ‘delicate phase’

DUBAI: Qatari Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani said on Wednesday talks...

Updated 17 Apr, 2024 03:31pm

World

No progress made at Cairo ceasefire talks, says Hamas official

CAIRO: A Hamas official told Reuters on Monday that no progress was made at a new round of Gaza ceasefire talks in...

Updated 08 Apr, 2024 01:42pm

Life & Style

One of the oldest books in existence expected to fetch over $2.6mn at auction

NEW YORK: A book from Egypt that was written at the dawn of Christianity and is considered one of the oldest books...

Published 03 Apr, 2024 02:06pm

Markets

Egypt’s GASC believed to have bought 150,000 metric tons of sugar, traders say

CAIRO: Egypt’s state grains buyer, the General Authority for Supply Commodities (GASC), is believed to have bought...

Published 01 Apr, 2024 04:48pm

World

Gaza ceasefire talks to resume in Cairo: Egyptian media

CAIRO: Talks aimed at brokering a truce between Israel and Hamas in the Gaza Strip will resume in Cairo on Sunday,...

Updated 31 Mar, 2024 10:51pm

World

IMF approves $820mn as part of Egypt bailout

WASHINGTON: The International Monetary Fund (IMF) announced the immediate disbursement of $820 million to the...

Updated 30 Mar, 2024 08:26pm

World

Egypt to allocate $2.66bn for bread subsidies in new budget

DUBAI: Egypt will allocate more than 125 billion Egyptian pounds ($2.66 billion) for bread subsidies in its ...

Published 29 Mar, 2024 04:45am

World

Intense Israeli bombardment hits southern Gaza, calls for more aid grow

GAZA STRIP: The southern Gaza Strip came under intense Israeli bombardment overnight, despite international pressure...

Updated 27 Mar, 2024 08:57pm

World

Antony Blinken heads to Israel to press for ‘immediate’ truce in Gaza war

GAZA STRIP: Secretary of State Antony Blinken heads to Israel Friday to press for a truce in Gaza, ahead of a key UN...

Published 22 Mar, 2024 12:27pm

World

Egypt hosts Arab talks with Blinken on steps to end Gaza war

Israel has waged relentless aggression that has killed nearly 32,000 Palestinians, mostly women and children, according to health ministry in Gaza

Updated 21 Mar, 2024 11:51pm

World

Antony Blinken due in Mideast in new bid to secure truce

GAZA STRIP: US Secretary of State Antony Blinken was due to return Wednesday to the Middle East in a new bid to...

Published 20 Mar, 2024 12:01pm

World

Antony Blinken to visit Saudi Arabia, Egypt to discuss Gaza ceasefire: spokesman

MANILA: US Secretary of State Antony Blinken will travel to Saudi Arabia and Egypt this week to discuss efforts to...

Updated 19 Mar, 2024 01:28pm

World

World Bank group to provide Egypt with $6bn over three years

CAIRO: The World Bank Group said on Monday it intends to provide more than $6 billion of support over the coming...

Published 19 Mar, 2024 04:53am

Sports

Egypt becomes latest host of FIFA’s new friendly series

CAIRO: Egypt became the fifth country to be selected as host of a new series of friendly games introduced by FIFA to...

Published 18 Mar, 2024 07:48pm

World

World Bank group to provide Egypt with $6bn over three years

CAIRO: The World Bank Group said on Monday it intends to provide more than $6 billion of support over the coming...

Published 18 Mar, 2024 07:45pm

Business & Finance

EU, Egypt agree 7.4bn euro deal focussed on energy, migration

CAIRO: The EU chief and five European leaders visited cash-strapped Egypt on Sunday to announce a 7.4-billion-euro...

Published 18 Mar, 2024 04:56am

Business & Finance

EU to bolster Egypt ties with billions in funding

CAIRO: European leaders are expected to announce a multi-billion euro funding package and an upgraded relationship...

Updated 17 Mar, 2024 11:13am

World

Hamas presents ceasefire proposal detailing exchange of hostages, prisoners

DUBAI: Hamas has presented a Gaza ceasefire proposal to mediators and the US that includes the release of Israeli...

Updated 15 Mar, 2024 03:17pm

Markets

Egypt sets procurement price of local wheat at $41.32

CAIRO: Egypt, a major wheat importer, has set the procurement price of local wheat at 2000 Egyptian pounds ($41.32)...

Published 14 Mar, 2024 03:00am

Opinion

Egypt: not a good model to emulate

Increasingly, the hope of economic recovery in Pakistan is becoming hinged on the government influenced investment ...

Published 11 Mar, 2024 04:45am

World

Egypt says land sale, IMF accord will ease budget problems

CAIRO: Egypt has taken major steps towards lowering its budget deficit by selling real estate as well as agreeing a...

Published 10 Mar, 2024 08:19pm

World

Egypt’s Sisi says flexible currency is possible with new financing

CAIRO: Egyptian President Abdel Fattah al-Sisi said on Saturday that with tens of billions of dollars in new...

Published 09 Mar, 2024 05:28pm

World

Egypt planning deals and price measures after devaluation, PM says

DUBAI: Egypt is planning “big deals” to ensure liquidity and will work with merchants to control prices and...

Published 07 Mar, 2024 06:13pm

Business & Finance

IMF approves $5bn increase to Egypt loan: officials

CAIRO: Egypt signed a deal with the International Monetary Fund to increase an initial $3 billion loan package to $8...

Published 06 Mar, 2024 08:46pm

World

Gaza ceasefire talks extended

CAIRO/RAFAH: Hamas negotiators stayed in Cairo for a third day of ceasefire talks on Tuesday in an attempt to halt...

Published 06 Mar, 2024 04:18am

World

Shoukry says Egypt hopeful of Gaza ceasefire deal before Ramadan

ANTALYA: Egypt’s foreign minister said on Friday Cairo was hopeful that talks initiated by Qatar could agree on a...

Published 01 Mar, 2024 09:00pm

World

Former Tanzanian president Ali Hassan Mwinyi dies aged 98

DAR ES SALAAM: Former Tanzanian president Ali Hassan Mwinyi, who introduced multi-party democracy to the East...

Published 01 Mar, 2024 11:39am

Business & Finance

Egypt announces multi-billion UAE investment to boost forex

CAIRO: Egypt said on Friday it had signed a deal with the United Arab Emirates to develop a prime stretch of its...

Published 24 Feb, 2024 06:42am

World

US, Russia to speak on Israeli occupation at top UN court

THE HAGUE: The United States and Russia will present arguments on Wednesday in proceedings at the UN’s highest court...

Published 21 Feb, 2024 11:50am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 22	278.53
USD PKR Interbank Buying / Apr 22	278.33
USD to Japanese Yen / Apr 22	154.79
USD to Swiss Franc / Apr 22	0.91
Pound Sterling to USD / Apr 22	1.23
Euro to USD / Apr 22	1.07

Stock	Volume
S&P 500 / Apr 22	5010.60
India Sensex / Apr 22	73648.62
Tokyo Nikkei / Apr 22	37438.61
Nasdaq / Apr 22	15451.31
Hang Seng / Apr 22	16511.69
FTSE 100 / Apr 22	8023.87
Dow Jones / Apr 22	38239.98
Germany DAX 30 / Apr 22	17860.80

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Crude Oil USD/Barrel / Apr 22	82.42
Gold 10 Grams PKR / Apr 22	213220
Gold Spot USD/Ounce / Apr 22	2328.37
Cotton US¢/pound / Apr 22	82.42
Petrol/Litre / Apr 23	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Egypt

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