Trends - Gulf countries - Business Recorder

Gulf countries

Remittance inflows likely to recover

Experts say that improvement inflows likely as PKR marked a significant comeback against US dollar in interbank and open market in last few weeks

Updated 30 Oct, 2023 10:05am

Business & Finance

China seeks to deepen cooperation with Gulf countries in various fields

BEIJING: China wants to deepen oil and gas cooperation with Gulf countries and seek potential for cooperation in the...

Published 22 Oct, 2023 10:52am

Opinion

‘Exodus’ from Pakistan

Recent times have witnessed much hype around the whole phenomenon of mass emigration -or as some like to term it the...

Published 22 Sep, 2023 03:33am

Business & Finance

Agri, IT, minerals, energy sectors: Minister says opportunity exists to get $25bn investment from Gulf countries

LAHORE: Federal Minister for Planning and Development Ahsan Iqbal on Saturday said that there is an opportunity to...

Published 23 Jul, 2023 03:25am

Incentives, innovative services: Remittance inflows from GCC states may soar to $20bn: experts

KARACHI: The remittance inflows can be increased by more than $5 billion to $20 billion to Pakistan through the...

Updated 21 Jul, 2023 09:25am

Pakistan

$500m deal being negotiated, says maritime minister

KARACHI: Federal Minister for Maritime Affairs Faisal Subzwari announced that a contract worth $500 million is being...

Published 28 May, 2023 03:34am

World

Saudi hosts landmark Iran, Syria visits as ME ties thaw

RIYADH: Saudi Arabia hosted landmark delegations from Iran and Syria on Wednesday as Gulf countries prepare for...

Published 13 Apr, 2023 06:37am

Opinion

Saudi reset and the new Arab order

Arab and Persian chieftains have been playing war and peace around the Persian Gulf since the great army of the...

Updated 13 Apr, 2023 07:13am

World

Saudi-Iran agreement to restore relations 'important step towards stability in region': UAE foreign minister

CAIRO: United Arab Emirates foreign minister Sheikh Abdullah bin Zayed welcomed on Saturday an agreement between...

Updated 11 Mar, 2023 06:46pm

Economic support by Gulf countries: Pakistan hopes for positive outcome: FO

ISLAMABAD: Pakistan on Thursday commended the economic support extended by friendly countries, including China and...

Updated 10 Mar, 2023 12:31pm

Pakistan

India asked to hold ‘serious’ talks on Kashmir dispute

ISLAMABAD: Prime Minister Shehbaz Sharif Monday asked Indian Prime Minister Narendra Modi to hold serious and...

Updated 17 Jan, 2023 09:05am

‘All bets off’ if Iran gets nuclear weapon: Saudi Arabia

DUBAI: Saudi Arabia’s foreign minister said on Sunday that Iran’s Gulf Arab neighbours would act to shore up...

Updated 12 Dec, 2022 09:43am

World

US approves potential $3 billion in defense sale to Kuwait: Pentagon

The US State Department has approved the potential sale of the National Advanced Surface-To-Air Missile System and...

Published 07 Oct, 2022 12:51am

Business & Finance

PIA reduces airfare by 15% for Gulf and UAE flights

Reduction in fares to be implemented immediately, says the airline’s spokesperson

Published 20 Jul, 2022 08:53pm

‘Unrealistic’ energy policies will lead to higher inflation: MbS

JEDDAH, (Saudi Arabia): Saudi Arabia’s Crown Prince Mohammed bin Salman said on Saturday more investment was ...

Updated 17 Jul, 2022 09:38am

Editorials

Deeply offensive remarks

EDITORIAL: After President Arif Alvi and Prime Minister Shehbaz Sharif have strongly condemned the blasphemous...

Published 08 Jun, 2022 06:19am

Pakistan

Inbound flights: CAA to resume rapid antigen tests for passengers from Gulf countries

Will be conducted at Islamabad, Lahore, and Karachi airports

Published 13 May, 2022 09:11pm

World

US discusses 'potential' resettlement with Afghans in UAE

ABU DHABI: US officials in the United Arab Emirates met with Afghans after a protest in Abu Dhabi this week and...

Published 13 Feb, 2022 10:14pm

Business & Finance

Dishdasha crackdown as Omani men face fines for rogue robes

MUSCAT: A wave of foreign imitations and alternative styles has prompted Oman to take tough action to preserve its...

Published 06 Feb, 2022 10:46am

World

Gulf Arab countries on alert for heavy rains

DUBAI: Authorities in several Gulf countries renewed weather warnings on Sunday as several days of heavy rains ...

Published 02 Jan, 2022 09:19pm

World

US, Gulf countries accuse Iran of causing ‘nuclear crisis’

WASHINGTON: The United States and its Arab allies in the Gulf accused Iran Wednesday of causing a nuclear crisis and...

Published 19 Nov, 2021 04:35am

World

Lebanon PM urges action to mend Gulf row

BEIRUT: Lebanese Prime Minister Najib Mikati called on feuding politicians Thursday to take action to mend a ...

Published 05 Nov, 2021 04:39am

Pakistan

Qureshi again raises questions over FATF’s ‘political’ role

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi has once again raised questions over the Financial Action Task ...

Published 29 Jun, 2021 03:24am

Markets

Gulf states will take at least 10 years to end oil dependence: Moody’s

DUBAI: Countries in the oil-exporting Gulf will remain heavily dependent on hydrocarbon production for at least the...

Published 22 Jun, 2021 04:46am

Pakistan

Four cases of Indian Covid-19 strain emerge in Sindh

Parliamentary health secretary says the affected patients have been quarantined in Karachi and contact tracing has begun
Those infected arrived in the country from different Gulf countries and tested positive at the airport: Soomro

Published 31 May, 2021 12:04pm

World

The Gulf Cooperation Council: a bloc in crisis

But it has been in crisis since June 5, 2017 when Saudi Arabia, UAE and Bahrain, along with non-GCC member Egypt, severed diplomatic ties with Qatar.

Published 03 Jan, 2021 11:44am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 2 786 Investments Limited(786)	5.85 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 2 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▼ 0.00 (0.00%)
Agro Allianz / Dec 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 2 Allied Bank Limited(ABL)	85.40 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 2 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▼ 0.00 (0.00%)
Abson Ind. / Dec 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 2 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 2 Attock Cement Pakistan Limited(ACPL)	96.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 2 786 Investments Limited(786)	5.85 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 2 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▲ 0.00 (0.00%)
Agro Allianz / Dec 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 2 Allied Bank Limited(ABL)	85.40 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 2 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▲ 0.00 (0.00%)
Abson Ind. / Dec 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 2 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 2 Attock Cement Pakistan Limited(ACPL)	96.07 ▲ 0.00 (0.00%)

Stock	Volume
Maple Leaf Cement / Dec 2 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▲ 0.00
Pak Elektron / Dec 2 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.00
Fauji Fert Bin / Dec 2 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.00
Fauji Cement / Dec 2 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 0.00
Hum Network / Dec 2 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.00
WorldCall Telecom / Dec 2 Worldcall Telecom Limited(WTL)	17,256,413 ▲ 0.00
D.G.K.Cement / Dec 2 D.G. Khan Cement Company Limited(DGKC)	14,240,764 ▲ 0.00
Air Link Com. / Dec 2 Air Link Communication Limited(AIRLINK)	13,542,140 ▲ 0.00
Dewan Cement / Dec 2 Dewan Cement Limited(DCL)	12,062,500 ▲ 0.00
K-Electric Ltd. / Dec 2 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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