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gulf states

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

Markets

Major Gulf equities track higher oil prices; Qatar flat

Major Gulf stock markets ended higher on Tuesday, fueled by rising oil prices, as investors bet on OPEC+ extending...

Published 03 Dec, 2024 09:04pm

Markets

Fuel oil smuggling network rakes in $1 billion for Iran and its proxies

DUBAI: A sophisticated fuel oil smuggling network that some experts believe generates at least $1 billion a year for...

Published 03 Dec, 2024 12:18pm

World

Iran’s oil sites: Arab states urge US to stop Israel from attacking

DUBAI: Gulf states are lobbying Washington to stop Israel from attacking Iran’s oil sites because they are...

Published 11 Oct, 2024 06:30am

World

Turkiye and Gulf states to launch talks for free trade pact

ANKARA: Turkiye and the Gulf Cooperation Council (GCC) have signed a deal to launch negotiations for a Free Trade...

Published 21 Mar, 2024 05:35pm

World

Iran lifts visa rules for 33 countries including Gulf states

DUBAI: Iran said it was lifting visa requirements for 33 countries, including Gulf states like Saudi Arabia with...

Published 15 Dec, 2023 03:12am

Jilani expects ‘huge’ investment from Gulf states

ISLAMABAD: Caretaker Foreign Minister Jalil Abbas Jilani on Wednesday said that a huge investment is expected to...

Updated 31 Aug, 2023 08:42am

Markets

Most Gulf markets in red as China woes linger, oil falls

Most stock markets in the Gulf ended lower on Monday as traders considered a slowdown in China, while falling oil...

Published 14 Aug, 2023 07:22pm

World

US envoy visits Gulf to help expand Yemen truce, launch peace process

WASHINGTON: The US Special Envoy for Yemen will visit the Gulf on Monday “to advance ongoing un-led efforts to...

Published 14 Aug, 2023 06:28pm

World

Iran’s President Raisi officially invites UAE president to visit Tehran

DUBAI: Iran’s President Ebrahim Raisi officially invited United Arab Emirates (UAE) President Mohammed bin Zayed Al...

Published 03 Aug, 2023 12:22pm

World

Turkiye’s Erdogan caps economy-driven Gulf tour in UAE

DUBAI: Turkiye President Recep Tayyip Erdogan has arrived in the United Arab Emirates, the final leg of a Gulf trip...

Published 19 Jul, 2023 12:42pm

World

Iran says to form naval alliance with Gulf states including Pakistan, India to ensure regional stability

Iran’s navy commander said his country and Saudi Arabia, as well as three other Gulf states, plan to form a naval...

Updated 03 Jun, 2023 06:15pm

World

Gulf states appeal to US on Israeli minister’s Palestinian comments

RIYADH: The Gulf Cooperation Council said Sunday it had written to Washington’s top diplomat condemning...

Published 27 Mar, 2023 06:15am

World

Syria’s Assad arrives in UAE in official visit

DUBAI: Syrian President Bashar al Assad arrived in the United Arab Emirates (UAE) on Sunday for an official visit,...

Published 19 Mar, 2023 04:28pm

World

Russian firms showcase guns, missiles at UAE defence expo

ABU DHABI: A major defence expo kicked off in the United Arab Emirates on Monday with Russian firms participating in...

Published 21 Feb, 2023 11:01am

World

Hopes fade as Turkiye-Syria quake toll at 17,500

BAB AL-HAWA BORDER CROSSING: Hopes were fading Thursday for rescuing survivors of the earthquake in Turkiye and...

Updated 09 Feb, 2023 05:22pm

Technology

Google Cloud to support Kuwait’s digitisation drive

DUBAI: Google Cloud has formed a strategic alliance with the Kuwaiti government to support digitisation efforts...

Published 06 Jan, 2023 10:19pm

World

UAE govt pushes work for local citizens

DUBAI: With foreign workers making up the vast bulk of private sector jobs in the United Arab Emirates, the Gulf’s...

Published 02 Jan, 2023 07:42am

World

Omani leader okays deficit budget for 2023

CAIRO: Oman’s Sultan ratified a 2023 budget with a deficit of 1.3 billion Omani rials ($3.38 billion) or 3% of ...

Published 02 Jan, 2023 06:46am

World

UAE, Oman to boost trade and investment ties

DUBAI: The UAE and Oman are exploring investment opportunities worth 30 billion dirhams and will increase bilateral...

Published 28 Sep, 2022 06:03pm

World

Iran wants closer ties with UAE: foreign minister

TEHRAN: Iran’s top diplomat said Wednesday his country wants to boost relations with the United Arab Emirates,...

Published 14 Sep, 2022 05:45pm

Business & Finance

Economic uplift linked to good ties with strategic partners: Ahsan

ISLAMABAD: Federal Minister for Planning and Development Ahsan Iqbal has said that the country’s economic...

Published 02 Jun, 2022 06:19am

World

UAE reports three more monkeypox cases

DUBAI: The United Arab Emirates recorded three more cases of monkeypox, the health ministry said on Monday, nearly a...

Published 30 May, 2022 10:34am

World

Oman, welcoming Russian FM, says committed to OPEC+ agreement

DUBAI: Russia’s Foreign Minister Sergei Lavrov on Wednesday visited Oman, a fellow member of the OPEC+ alliance of...

Published 11 May, 2022 06:03pm

Markets

'Not our war': Gulf states resist pressure to raise oil output

Gulf countries, which had suffered from declines in oil prices since 2014, now seem all the more reluctant to take immediate action as they benefit from the short-term price surge

Published 03 Mar, 2022 05:40pm

World

Gulf states review Lebanon response to proposal to ease row

KUWAIT CITY: Kuwait said Sunday that a Lebanese response to a list of suggested measures to ease a diplomatic rift...

Published 31 Jan, 2022 07:10am

World

UAE works on Friday for first time

DUBAI: Employees and schoolchildren juggled work and studies with weekly Muslim prayers on the first ever working...

Published 08 Jan, 2022 11:47am

World

UAE official expected in Tehran on rare visit

TEHRAN: A senior Emirati security official is due in Iran on Monday, ISNA news agency reported, in the latest...

Published 06 Dec, 2021 06:19am

World

Oman, Qatar sign six agreements during Sultan's visit to Doha

DUBAI: Oman and Qatar on Monday signed agreements on military cooperation, taxation, tourism, ports, labour and...

Published 22 Nov, 2021 05:39pm

World

Arab league says talks with Lebanon about Gulf crisis go in 'right direction'

DUBAI: Discussions with Lebanon about its rift with Gulf states are going in "the right directon," the assistant...

Published 08 Nov, 2021 02:15pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	281.73
USD PKR Interbank Buying / May 13	281.53
USD to Japanese Yen / May 13	147.90
USD to Swiss Franc / May 13	0.84
Pound Sterling to USD / May 13	1.32
Euro to USD / May 13	1.11
UK LIBOR % / May 12	4.96

Stock	Volume
S&P 500 / May 12	5,844.19
Nasdaq / May 12	18,708.34
Dow Jones / May 12	42,410.10
India Sensex / May 13	81,726.97
Tokyo Nikkei / May 13	38,305.85
Hang Seng / May 13	23,188.20
FTSE 100 / May 13	8,606.55
Germany DAX 30 / May 13	23,595.02
France CAC40 / May 13	7,859.80

Item	Value
Karachi Cotton PKR/37.32 KG / May 12	16,985
Gold 10 Grams PKR / May 12	291,923
Petrol/Litre / May 13	252.63
Crude Oil USD/Barrel / May 13	61.90
Gold Spot USD/Ounce / May 13	3,253.26
Diesel/Litre / May 13	256.64
Cotton US¢/pound / May 13	66.85

Gainers
Losers
Leaders

Stock	Price
Grays Leasing / May 13 Grays Leasing Limited(GRYL)	4.51 ▲ 0.72 (19%)
TPL Trakker Ltd / May 13 TPL Trakker Limited(TPLT)	6.59 ▲ 1 (17.89%)
Al-Shaheer Corp / May 13 Al Shaheer Corporation Limited(ASC)	6.88 ▲ 1 (17.01%)
B. F. Mod. / May 13 B.F. Modaraba(BFMOD)	8.34 ▲ 1 (13.62%)
Burj Clean Energy Modaraba / May 13 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.11 ▲ 1 (12.33%)
Mahanna Islamic Index / May 13 Mahanna Islamic Index Traded Fund(MIIETF)	15.47 ▲ 1.65 (11.94%)
Haseeb Waqas / May 13 Haseeb Waqas Sugar Mills Limited(HWQS)	9.59 ▲ 1 (11.64%)
Gulshan Sp. / May 13 Gulshan Spinning Mills Limited(GSPM)	3.40 ▲ 0.35 (11.48%)
Ghazi Fabrics / May 13 Ghazi Fabrics International Limited(GFIL)	10.17 ▲ 1 (10.91%)
PIA Holding Co.Ltd / May 13 PIA Holding Company Limited(PIAHCLA)	14.80 ▲ 1.35 (10.04%)

Stock	Price
Power Cem(Pref) / May 13 Power Cement (Pref)(POWERPS)	15.35 ▼ -1.71 (-10.02%)
Bilal Fibres / May 13 Bilal Fibres Limited(BILF)	19.59 ▼ -2.18 (-10.01%)
TPL Life Insur. / May 13 TPL Life Insurance Limited(TPLL)	46.80 ▼ -5.2 (-10%)
Din Tex. / May 13 Din Textile Mills Limited(DINT)	45 ▼ -4.99 (-9.98%)
Mughal Energy / May 13 Mughal Energy Limited(GEM)(GEMMEL)	19.90 ▼ -2.12 (-9.63%)
Suhail Jute / May 13 Suhail Jute Mills Limited(SUHJ)	78.36 ▼ -8.24 (-9.52%)
First Punjab Modaraba / May 13 First Punjab Modaraba(FPJM)	2.77 ▼ -0.28 (-9.18%)
Parmount Sp. / May 13 Paramount Spinning Mills Limited(PASM)	3.36 ▼ -0.31 (-8.45%)
First AL-Noor Mod. / May 13 First Al-Noor Modaraba(FANM)	2.95 ▼ -0.25 (-7.81%)
First IBL Mod. / May 13 First IBL Modaraba(FIBLM)	3 ▼ -0.24 (-7.41%)

Stock	Volume
WorldCall Telecom / May 13 Worldcall Telecom Limited(WTL)	41,734,903 ▼ -0.06
Maple Leaf Cement / May 13 Maple Leaf Cement Factory Limited(MLCF)	41,052,877 ▲ 6.27
Sui South Gas / May 13 Sui Southern Gas Company Limited(SSGC)	35,773,773 ▲ 2.33
Oil & Gas Dev. / May 13 Oil & Gas Development Company Limited(OGDC)	30,912,153 ▲ 15.65
B.O.Punjab / May 13 The Bank of Punjab(BOP)	24,175,098 ▼ -0.16
Cnergyico PK / May 13 Cnergyico PK Limited(CNERGY)	24,174,880 ▼ -0.09
K-Electric Ltd. / May 13 K-Electric Limited(KEL)	23,803,446 ▼ -0.22
At-Tahur Ltd. / May 13 At-Tahur Limited(PREMA)	21,754,749 ▼ -3.25
Fauji Cement / May 13 Fauji Cement Company Limited(FCCL)	20,681,855 ▲ 1.82
D.G.K.Cement / May 13 D.G. Khan Cement Company Limited(DGKC)	19,785,523 ▲ 10.35

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