Trends - Middle East - Business Recorder

Middle East

‘Pakistan is gateway to South Asia, Central Asia and Middle East’

KARACHI: Pathfinder Group chairman Ikram Sehgal said Pakistan has tremendous potential of business activities which...

Published 19 Jul, 2021 06:17am

Markets

Dubai stocks at 3-week low, other Gulf stocks up

DUBAI: Dubai's stock market slipped to a three-week low on Tuesday on fear that new coronavirus outbreaks would...

Published 30 Jun, 2021 03:54am

World

Key facts about Iran's June 18 presidential vote

An elected council of vetted clerics, the Assembly of Experts oversees the work of the supreme leader.

Published 14 Jun, 2021 11:01am

Benjamin Netanyahu ousted, Naftali Bennett is Israel's new PM

Hamas says the political developments in Jerusalem wouldn't change its relationship with Israel.

Published 13 Jun, 2021 11:30pm

World

Netanyahu’s grip on power loosens in Israel as rival moves to unseat him

Netanyahu’s rivals have cited his corruption case as the main reason why Israel needs a new leader, arguing that he might use a new term to legislate immunity to shield himself.

Published 30 May, 2021 11:54pm

World

Biden's defense budget seeks greater China deterrence and nuclear funding

There will also be money to further develop and test of hypersonic weapons and other "next-generation" weapons systems as the military aims to build capabilities to counter Russia and China

Published 28 May, 2021 10:25am

Technology

Buy now, pay later players tackle credit conundrum in Mideast's Gulf

As the impact of the pandemic diminishes, investors also see an opportunity for BNPL firms to take more business at the shop till in the Middle East.

Published 26 May, 2021 11:18am

World

US and France tangle at UN over Middle East

France's latest proposal -- announced in a statement from Paris on Tuesday evening -- quickly drew a firm response from the United States, signaling it would wield its veto again if needed.

Updated 20 May, 2021 05:57pm

World

France proposes resolution on Mideast violence to UN Security Council

Zhang Jun, Beijing's ambassador to the UN, told reporters his team had heard the proposal and for China.

Published 19 May, 2021 10:24am

World

Israel launches dozens of strikes as Gaza fighting enters second week

The Gaza Health Ministry put the death toll in the densely populated enclave of 2 million Palestinians at 197, including 58 children and 34 women. Ten people have been killed in Israel, including two children, Israeli authorities say

Published 17 May, 2021 09:24am

World

21 Palestinians killed in Israeli air raids on Gaza Strip

According to the Palestinian Ministry of Health, at least 21 civilians have been killed by Israeli air raids on the besieged Gaza Strip, after Hamas launched retaliatory rockets from the coastal territory.
The aerial bombardment occurred after Hamas fired several rockets at Israel, after Israel refused to withdraw forces from the Al Aqsa Mosque in Jerusalem.

Published 12 May, 2021 02:07pm

World

Middle East strife drags in reluctant Biden

Israel responded with attacks by fighter jets and helicopters, with at least 30 Palestinians and three Israelis now killed in the violence since Monday evening.

Published 12 May, 2021 11:11am

Markets

Global Islamic finance forecast to grow as main markets recover: S&P

S&P also highlighted that the full impact of the coronavirus crisis has yet to materialise and more requests for sukuk restructurings and maturity extensions, as well as higher default rates, are expected this year.

Published 03 May, 2021 01:44pm

Markets

Gulf bourses quiet, few fresh factors

DUBAI: Major bourses in the Middle East were mostly quiet on Sunday in the absence of fresh cataysts to trade on,...

Published 26 Apr, 2021 03:29am

Markets

Middle East Crude-Dubai rises ahead of OPEC+ meeting

OPEC+ has lowered its 2021 oil demand growth forecast by 300,000 barrels per day.

Published 01 Apr, 2021 11:00am

Pakistan

Tajikistan invited to benefit from Gwadar Port

DUSHANBE (Tajiki-stan): Foreign Minister Shah Mehmood Qureshi on Wednesday invited Tajikistan to benefit from...

Published 01 Apr, 2021 04:10am

World

Pentagon chief sees Asia ties as deterrent against China

Blinken will join President Joe Biden's national security advisor, Jake Sullivan, in Anchorage on March 18 with their Chinese counterparts Wang Yi and Yang Jiechi.

Published 14 Mar, 2021 10:45am

World

South Asia rated as most polluted region despite improvement in air quality globally: Report

Report highlights unprecedented clean air as a result of short term COVID-19 lockdown measures, as well as extreme pollution episodes related to climate change, such as wildfires and sandstorms
Only 24 countries out of 106 met World Health Organization (WHO) annual guidelines for PM2.5 in 2020

Published 11 Mar, 2021 05:12pm

World

Netanyahu to make first official visit to UAE

On Thursday, Israeli Prime Minister Benjamin Netanyahu will be travelling to the United Arab Emirates, making it his first official to the Gulf nation after the establishment of formal diplomatic relations.
Netanyahu will meet with Crown Prince Mohammed bin Zayed Al Nahyan.

Published 10 Mar, 2021 09:24pm

Markets

Dubai non-oil private sector growth remains sluggish in February

Sales volumes fell for the first time since May 2020 in February as Dubai imposed increased coronavirus-related restrictions. Employment grew, but only marginally.

Published 09 Mar, 2021 10:53am

World

Turkey to expand military cooperation with Pakistan, for coveted Chinese military technology

Turkey has been reportedly pushing to co-manufacture warplanes and missiles in Pakistan, which could potentially grant it access to coveted military technology from China.

Updated 02 Mar, 2021 07:02pm

Markets

Average Dubai crude oil price rises to 13-month high in Feb

Saudi Aramco changed the benchmark for setting its official selling prices to Asia starting from October 2018 to the average of Platts Dubai and DME Oman crude futures.

Published 01 Mar, 2021 10:04am

World

Turkey, Iran summon ambassadors in Iraq row

ANKARA: Turkey and Iran summoned each other's ambassadors on Sunday, Turkish and Iranian state media reported,...

Published 01 Mar, 2021 06:13am

World

Iran health ministry says virus deaths cross 60,000 mark

Iran has registered a total of 1,631,169 infections, according to the ministry.

Published 28 Feb, 2021 05:03pm

Opinion

IS re-establishing itself in the Middle East?

According to recent news reports, air strikes by Syrian government’s ally Russia killed at least 21 Islamic State...

Published 23 Feb, 2021 05:20am

World

Taliban 'clearly' behind violence in Afghanistan: US

A study mandated by the US Congress has called for a delay in the pullout, warning it would effectively hand the Taliban a victory.

Published 19 Feb, 2021 11:00am

Markets

Oil prices climb as deep freeze shuts US oil wells, curbs refineries

The Saudi-led coalition fighting the Houthis in Yemen said early on Monday morning it had intercepted and destroyed an explosive-laden drone fired by the Houthis toward the kingdom.

Published 16 Feb, 2021 12:10pm

Markets

Iran oil output faces race against time as US sanctions linger

If the sanctions are lifted, Iran's production level could exceed 4 million bpd by 2023, Rystad Energy forecast.

Published 12 Feb, 2021 09:49am

World

Iran starts Covid-19 vaccination campaign: state TV

"We begin our national vaccination against the Covid-19 virus (in) memory of the martyrdom.

Published 09 Feb, 2021 01:11pm

Opinion

Reframing Mideast, Biden takes new distance from allies

President Joe Biden is quickly if subtly rebalancing US priorities in the Middle East, walking back his...

Published 07 Feb, 2021 04:07am

Gainers
Losers
Leaders

Stock	Price
786 Investments / Jul 30 786 Investments Limited(786)	9.80 ▼ 0.00 (0.00%)
AL- Abbas / Jul 30 Al-Abbas Sugar Mills Limited(AABS)	330.00 ▼ 0.00 (0.00%)
Agro Allianz / Jul 30 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 30 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 30 Allied Bank Limited(ABL)	72.75 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 30 Abbott Laboratories (Pakistan) Limited(ABOT)	772.43 ▼ 0.00 (0.00%)
Abson Ind. / Jul 30 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Jul 30 Attock Cement Pakistan Limited(ACPL)	174.99 ▼ 0.00 (0.00%)
Adam Sugar / Jul 30 Adam Sugar Mills Limited(ADAMS)	34.47 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / Jul 30 786 Investments Limited(786)	9.80 ▼ 0.00 (0.00%)
AL- Abbas / Jul 30 Al-Abbas Sugar Mills Limited(AABS)	330.00 ▼ 0.00 (0.00%)
Agro Allianz / Jul 30 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 30 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 30 Allied Bank Limited(ABL)	72.75 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 30 Abbott Laboratories (Pakistan) Limited(ABOT)	772.43 ▼ 0.00 (0.00%)
Abson Ind. / Jul 30 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Jul 30 Attock Cement Pakistan Limited(ACPL)	174.99 ▼ 0.00 (0.00%)
Adam Sugar / Jul 30 Adam Sugar Mills Limited(ADAMS)	34.47 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 30	162.00
USD PKR Interbank Buying / Jul 30	161.90
USD to Japanese Yen / Jul 30	109.46
USD to Swiss Franc / Jul 30	0.91
Pound Sterling to USD / Jul 30	1.40
Euro to USD / Jul 30	1.19
UK LIBOR % / Jul 30	0.08

Stock	Volume
S&P 500 / Jul 30	4419.15
India Sensex / Jul 30	52653.07
Tokyo Nikkei / Jul 30	27609.96
Nasdaq / Jul 30	14778.26
Hang Seng / Jul 30	26315.32
FTSE 100 / Jul 30	7078.42
Dow Jones / Jul 30	35084.53
Germany DAX 30 / Jul 30	15640.47
France CAC40 / Jul 30	6633.77

Item	Value
Crude Oil / Jul 30	73.37
Karachi Cotton Assoc. / Jul 30	13080.00
Gold 10 Grams / Jul 30	94740.00
Gold Spot / Jul 30	1828.74
Cotton / Jul 30	90.31

Middle East

‘Pakistan is gateway to South Asia, Central Asia and Middle East’

Dubai stocks at 3-week low, other Gulf stocks up

Key facts about Iran's June 18 presidential vote

Benjamin Netanyahu ousted, Naftali Bennett is Israel's new PM

Netanyahu’s grip on power loosens in Israel as rival moves to unseat him

Biden's defense budget seeks greater China deterrence and nuclear funding

Buy now, pay later players tackle credit conundrum in Mideast's Gulf

US and France tangle at UN over Middle East

France proposes resolution on Mideast violence to UN Security Council

Israel launches dozens of strikes as Gaza fighting enters second week

21 Palestinians killed in Israeli air raids on Gaza Strip

Middle East strife drags in reluctant Biden

Global Islamic finance forecast to grow as main markets recover: S&P

Gulf bourses quiet, few fresh factors

Middle East Crude-Dubai rises ahead of OPEC+ meeting

Tajikistan invited to benefit from Gwadar Port

Pentagon chief sees Asia ties as deterrent against China

South Asia rated as most polluted region despite improvement in air quality globally: Report

Netanyahu to make first official visit to UAE

Dubai non-oil private sector growth remains sluggish in February

Turkey to expand military cooperation with Pakistan, for coveted Chinese military technology

Average Dubai crude oil price rises to 13-month high in Feb

Turkey, Iran summon ambassadors in Iraq row

Iran health ministry says virus deaths cross 60,000 mark

IS re-establishing itself in the Middle East?

Taliban 'clearly' behind violence in Afghanistan: US

Oil prices climb as deep freeze shuts US oil wells, curbs refineries

Iran oil output faces race against time as US sanctions linger

Iran starts Covid-19 vaccination campaign: state TV

Reframing Mideast, Biden takes new distance from allies

Most Popular Articles

Pakistan eyes to enter $90bn gaming industry with upcoming program

Chughtai Lab and Pfizer Partner to establish Vaccination Centers across Pakistan

Pakistan sees 'light at the end of the tunnel’ as domestic activity indicators pickup: Baqir

MPCL enters into JV Agreement for Potential Mining Projects in Balochistan

Pakistan’s First Ever Motorsports Arena to be Build in KPK