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Gulf Cooperation Council

Gulf Cooperation Council: Suttar concerned at disruption to shipping, customs operations

Published 06 Jul, 2026 03:13am

KARACHI: Ismail Suttar, Founder Chairman of the Salt Manufacturers Association Pakistan (SMAP), has voiced concern...

Govt plans to deploy 1 million workers to Saudi Arabia by 2030

Published 29 Jun, 2026 02:36am

ISLAMABAD: Pakistan has set a target of deploying one million workers to Saudi Arabia by 2030 under a long-term...

Rubio visits Bahrain seeking Gulf backing for Iran deal

Published 25 Jun, 2026 10:14am

All six GCC nations are strategic US allies that offered some degree of logistical support to Washington during the war

Rubio faces tough task of selling Iran reset to wary Gulf allies

Published 24 Jun, 2026 05:52am

ABU DHABI: US Secretary of State Marco Rubio acknowledged he faces a delicate mission this week pitching...

Marco Rubio faces tough task of selling Iran reset to wary Gulf allies

Published 23 Jun, 2026 10:33am

Rubio will meet them in the United Arab Emirates on Tuesday, before traveling to Kuwait and Bahrain

PHMA seeks partnership with ‘Dubai International Chamber’

Published 05 Jun, 2026 05:48am

KARACHI: The Pakistan Hosiery Manufacturers & Exporters Association (PHMA) has sought a formal partnership with...

Saudi’s NEOM offers niche route for Gulf importers

Published 03 Jun, 2026 02:34am

RIYADH: Only a month into the Iran war, Qatar-based distributor Salam Studio & Stores had already gone weeks...

SBP allows Naya Pakistan Certificates in SAR & AED

Published 02 Jun, 2026 04:58am

KARACHI: The government has expanded the scope of Naya Pakistan Certificates (NPCs) scheme by introducing investment...

Britain clinches USD5bn Gulf trade deal in shadow of Iran war

Published 21 May, 2026 05:01am

LONDON: Britain said on Wednesday it had secured a trade deal with the Gulf Cooperation Council worth USD5 billion a...

Gulf dependence clouds remittance outlook

Updated 19 May, 2026 06:24am

EDITORIAL: The latest figures released by the State Bank of Pakistan present a mixed picture of the country’s...

Record USD34bn remittances received in 10 months

Updated 12 May, 2026 09:25am

KARACHI: Pakistan’s home remittances continued their strong upward momentum, surging to a record nearly USD34...

Gulf leaders to meet in Saudi Arabia to discuss response to Iranian strikes

Published 28 Apr, 2026 05:25pm

The meeting aimed to craft a response to the thousands of Iranian missile and drone attacks

UAE slams Gulf allies as ‘weak’ on Iran

Published 28 Apr, 2026 06:05am

DUBAI: A senior United Arab Emirates official on Monday criticised the country’s Gulf allies over their response to...

Petrodollar faces gradual pressure

Published 27 Apr, 2026 04:21am

In its upcoming monetary policy announcement, the SBP is anticipated to emphasise forward guidance in light of...

Unlocking Iran’s frozen funds and building mutual trust

Published 27 Apr, 2026 04:21am

One of the most important issues in the ongoing diplomatic efforts between Iran and the United States concerns...

Likely economic outcomes of ME conflict spelled out

Published 23 Apr, 2026 02:22am

ISLAMABAD: An economic slowdown, declining exports, and rising inflation are likely outcomes of the ongoing...

When a strait shakes a region

Updated 15 Apr, 2026 07:28am

A narrow stretch of water – the Strait of Hormuz – is sending shockwaves across the global economy. It is not just...

Fuel challenge: things getting tougher

Published 14 Apr, 2026 02:25am

EDITORIAL: US President Donald Trump has ordered the US central command to begin a blockade on all traffic entering...

PM welcomes Iran’s agreement to truce

Published 09 Apr, 2026 05:48am

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday welcomed Iran’s decision to agree to a temporary ceasefire...

South Korea asks Gulf nations for steady energy supply, safety of Korean vessels

Published 05 Apr, 2026 10:21am

Iran ⁠has since effectively shut down the waterway, driving up energy prices and stoking fears of a ⁠global recession

UK deploying Rapid Sentry air defence system to Kuwait, PM’s office says

Published 03 Apr, 2026 04:27pm

The Prime Minister began by condemning the reckless overnight drone attack on a Kuwaiti oil refinery

Pakistan reaffirms commitment to regional peace, dialogue

Published 03 Apr, 2026 02:29pm

Asim says de-escalation, complete cessation of hostilities must be our top priority

Kuwait Petroleum Corporation assures full facilitation to Pakistani oil vessels

Published 30 Mar, 2026 03:50pm

Kuwait Petroleum Corporation (KPC), a state-owned national oil company of Kuwait, is to ensure full facilitation to...

Forex reserves reach USD21.7bn: Schehzad

Updated 30 Mar, 2026 08:47am

ISLAMABAD: Pakistan’s foreign exchange reserves have increased to around USD 21.7 billion, reaching a four-year high...

ME conflict disrupts Pakistan’s trade to GCC states, other regions

Updated 27 Mar, 2026 02:46pm

Pakistan Institute of Development Economics says high energy prices could increase Pakistan’s import bill by USD 4.5 billion

Trump says Iran ‘better get serious’ in Mideast war talks

Published 26 Mar, 2026 05:54pm

US president's warning came as Israel said it had killed the commander of the Iranian Revolutionary Guards’ navy

Maersk says ME has pressing need for food imports

Updated 26 Mar, 2026 07:30am

OSLO: The Middle East region has a “pressing need” for food imports that have been disrupted by the outbreak of war...

UN rights council set to hold urgent debate Friday on Iran school strike

Published 25 Mar, 2026 06:27pm

At least 165, mostly children, were killed in February 28 attack on Iran

A fight for sovereignty and ideology

Published 25 Mar, 2026 02:12am

The ongoing war between Iran, the United States, and Israel has dramatically reshaped the political and security...

Iran urged to halt all attacks on Gulf states

Published 20 Mar, 2026 06:39am

ISLAMABAD: Arab and Islamic ministers for foreign affairs on Thursday unanimously called on Iran to immediately halt...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 19	316.15
Diesel/Litre / Jul 19	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

Gulf Cooperation Council

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