Trends - GCC - Business Recorder

GCC

Mastercard appoints Khalil as GM of MENA East

KARACHI: Mastercard strengthens leadership team to accelerate growth across Middle East and North Africa (MENA),...

Published 24 Jun, 2022 07:33am

Opinion

Emergence of new global currency

As the sun was settling down on the British Empire, the US was flexing its economic and arsenal might to get crowned...

Updated 17 Jun, 2022 03:45pm

Russian, Saudi foreign ministers praise OPEC+

RIYADH: Russian Foreign Minister Sergei Lavrov met Saudi counterpart Prince Faisal bin Farhan Al Saud in Riyadh on...

Published 02 Jun, 2022 06:19am

World

Oman budget swings into surplus on oil price rise

Oman’s budget recorded a surplus of 357 million rials ($929.7 million) by the end of the first quarter, boosted by a...

Published 09 May, 2022 06:05pm

World

GCC officials consider inviting Houthis to consultations in Riyadh

RIYADH: The Saudi-based Gulf Cooperation Council (GCC) is considering inviting the Houthi movement and other Yemeni...

Published 16 Mar, 2022 05:41am

World

Arab states stress women's rights to Taliban in aid talks

DOHA: Gulf envoys stressed Monday that women must be able to work and go to school, in talks with the Taliban ...

Published 14 Feb, 2022 09:43pm

Pakistan

Strategic Dialogue (2022-2026): Pakistan, GCC finalise ‘Joint Action Plan’

ISLAMABAD: Pakistan and the Gulf Cooperation Council (GCC), Wednesday finalised the Joint Action Plan for Strategic...

Published 06 Jan, 2022 04:13am

Pakistan

GCC SG due today

ISLAMABAD: The secretary general of the Gulf Cooperation Council (GCC), Nayef bin Falah Al-Hajraf, will arrive on a...

Published 05 Jan, 2022 05:36am

World

Qatar suspends leave for healthcare staff amid Covid surge

DOHA: Qatar's main healthcare provider has suspended leave for all medical and administrative staff dealing with...

Updated 28 Dec, 2021 06:19pm

Pakistan

Qureshi reiterates commitment to peace, stability in Afghanistan

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi reiterated Pakistan’s abiding commitment to peace and stability ...

Published 20 Dec, 2021 06:29am

Markets

Saudi index snaps 4 days of losses, Egypt outperforms

DUBAI: Most stock markets in the Gulf ended higher on Monday, with the Saudi index snapping a four-day losing ...

Published 02 Nov, 2021 05:20am

Pakistan

Bakhtyar accepts chairmanship of Abu Dhabi Dialogues

ISLAMABAD: Federal Minister for Industries & Production Makhdum Khusro Bakhtyar has accepted the chairmanship of...

Published 28 Oct, 2021 04:06am

World

UK and Gulf nations negotiate trade deal

MANAMA: The United Kingdom and the six Gulf Cooperation Council states have begun preliminary talks on a free trade...

Published 09 Oct, 2021 02:50pm

Markets

Banks boost most Gulf shares; Abu Dhabi dips

DUBAI: Jumps in financial shares helped most stock markets in the Gulf close higher on Thursday, with indexes ...

Published 01 Oct, 2021 04:07am

Pakistan seeks trade deals with Saudi Arabia, UAE, Oman

DUBAI: Pakistan will pursue individual trade deals with Saudi Arabia, the United Arab Emirates and Oman, Abdul Razak...

Updated 27 Sep, 2021 09:47am

Markets

Major Gulf bourses end mixed; Abu Dhabi off record high

DUBAI: Major stock markets in the Gulf ended mixed on Sunday, with the Abu Dhabi index retreating from the previous...

Published 20 Sep, 2021 05:23am

Markets

Saudi market shrugs off China data as most Gulf bourses retreat

LONDON: Saudi Arabia's stock market outperformed its regional peers on Tuesday, while most other Gulf bourses...

Published 01 Sep, 2021 03:59am

Markets

Major Gulf bourses shrug off geopolitical tensions

DUBAI: Most major stock markets in the Gulf reversed early losses to close higher on Thursday, shrugging off ...

Published 06 Aug, 2021 04:18am

Editorials

An Ajam-Arab thaw?

EDITORIAL: Things seem to be changing pretty fast in the Middle East. First the United Arab Emirates (UAE) led a...

Published 22 Apr, 2021 03:55am

Markets

Dubai leads major Gulf markets higher

DUBAI: Most stock markets in the Gulf ended higher on Monday, amid hopes that the busy Suez Canal waterway will soon...

Published 30 Mar, 2021 05:45am

Pakistan

Over 11m Pakistanis went to Arab states since 1970: ILO report

ISLAMABAD: Since 1971, more than 11 million Pakistanis have proceeded to Arab States (in particular the Gulf...

Published 25 Mar, 2021 05:08am

Markets

Most Gulf stocks gain

DUBAI: Most stock markets in the Gulf ended higher on Wednesday, supported by gains in the banking sector, while...

Published 11 Mar, 2021 05:25am

Markets

Most Gulf stocks gain; blue-chip selloff dents Egypt

All Saudi Arabian banks gain.
Qatari index extends gains for a third session.
Dubai GDP to return to pre-crisis levels only in 2023 - S&P.

Published 10 Mar, 2021 08:22pm

Oman bars expats from certain jobs

MUSCAT: Oman announced Sunday it will bar expatriates from certain jobs in an effort to create more employment...

Published 25 Jan, 2021 04:23am

World

Qatar-Saudi border reopens after thaw

Saudi Arabia, UAE, Bahrain and Egypt which also imposed an embargo on travel and trade.
They agreed to lift the restrictions at a GCC summit in the kingdom on Tuesday.

Published 09 Jan, 2021 06:23pm

Pakistan

Pakistan welcomes decision of Saudi Arabia, Qatar to reopen borders

Pakistan hoped that the GCC Summit, being held today in Riyadh, would further build on these encouraging developments.

Published 05 Jan, 2021 06:49pm

World

Gulf crisis resolution in balance ahead of summit

The GCC is a bloc that includes boycotting countries Bahrain, Saudi Arabia and the United Arab Emirates, neutral Kuwait and Oman, and Qatar.

Published 03 Jan, 2021 05:40pm

World

Qatar emir invited to Gulf summit amid diplomatic row

In June 2017, Saudi Arabia led its allies the UAE, Bahrain and Egypt to cut ties with Qatar, saying it was too close to Iran and funding radical Islamist movements.

Published 30 Dec, 2020 07:13pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 26 786 Investments Limited(786)	4.99 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 26 Al-Abbas Sugar Mills Limited(AABS)	269.86 ▼ 0.00 (0.00%)
Agro Allianz / Jun 26 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 26 Allied Bank Limited(ABL)	68.99 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 26 Abbott Laboratories (Pakistan) Limited(ABOT)	637.11 ▼ 0.00 (0.00%)
Abson Ind. / Jun 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 26 Alfalah Consumer Index ETF.(ACIETF)	7.70 ▼ 0.00 (0.00%)
Attock Cement / Jun 26 Attock Cement Pakistan Limited(ACPL)	69.85 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 26 786 Investments Limited(786)	4.99 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 26 Al-Abbas Sugar Mills Limited(AABS)	269.86 ▼ 0.00 (0.00%)
Agro Allianz / Jun 26 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 26 Allied Bank Limited(ABL)	68.99 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 26 Abbott Laboratories (Pakistan) Limited(ABOT)	637.11 ▼ 0.00 (0.00%)
Abson Ind. / Jun 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 26 Alfalah Consumer Index ETF.(ACIETF)	7.70 ▼ 0.00 (0.00%)
Attock Cement / Jun 26 Attock Cement Pakistan Limited(ACPL)	69.85 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 24	207.70
USD PKR Interbank Buying / Jun 24	207.50
USD to Japanese Yen / Jun 24	135.23
USD to Swiss Franc / Jun 24	0.96
Pound Sterling to USD / Jun 24	1.23
Euro to USD / Jun 24	1.06
UK LIBOR % / Jun 24	1.57

Stock	Volume
S&P 500 / Jun 24	3911.74
India Sensex / Jun 24	52727.98
Tokyo Nikkei / Jun 24	26491.97
Nasdaq / Jun 24	11607.62
Hang Seng / Jun 24	21719.06
FTSE 100 / Jun 24	7208.81
Dow Jones / Jun 24	31500.68
Germany DAX 30 / Jun 24	13118.13
France CAC40 / Jun 24	6073.35

Item	Value
Crude Oil USD/Barrel / Jun 24	107.62
Karachi Cotton PKR/37.32 KG / Jun 24	21180.00
Gold 10 Grams PKR / Jun 24	122300.00
Gold Spot USD/Ounce / Jun 24	1826.88
Cotton US¢/pound / Jun 24	98.05

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