Trends - Middle East - Business Recorder

Middle East

German foreign minister heads to Middle East in Gaza truce push

BERLIN: German Foreign Minister Annalena Baerbock was to leave for a Middle East trip Wednesday, Berlin said as...

Published 04 Sep, 2024 07:53pm

World

Air France says suspending Tel Aviv, Beirut flights at least until Monday

PARIS: Air France is suspending flights to Tel Aviv and Beirut scheduled for Sunday and Monday after Israel launched...

Updated 25 Aug, 2024 10:20pm

World

Airlines fly over Afghanistan as Middle East becomes the greater risk

LONDON/SEOUL: Singapore Airlines, British Airways and Lufthansa have increased their flights over Afghanistan after...

Published 23 Aug, 2024 11:31am

Middle East trade growth strategy mapped out

ISLAMABAD: Pakistan has finalized a strategy to enhance trade with Middle Eastern countries including Saudi Arabia...

Updated 21 Aug, 2024 11:05am

Life & Style

Brewers tap growth of zero-alcohol beers in Middle East

CAIRO/LONDON: Egyptian Mohannad Abdelazeem, 35, doesn’t drink alcohol. But he does consume three or four cans per...

Published 15 Aug, 2024 02:20pm

World

Russia's Putin to talk Middle East crisis with Palestinian President Abbas, Kremlin says

Russia's President Vladimir Putin will discuss the situation in the Middle East with Palestinian President Mahmoud...

Published 13 Aug, 2024 11:44am

World

US publicly announces submarine move to Middle East amid Israel-Iran tensions

WASHINGTON: US Defence Secretary Lloyd Austin has ordered the deployment of a guided missile submarine to the Middle...

Published 12 Aug, 2024 10:34am

World

Macron, Jordan king urge avoiding ME escalation ‘at all costs’

PARIS: France’s Emmanuel Macron and Jordan’s King Abdullah II on Sunday said a military escalation in the Middle...

Updated 05 Aug, 2024 07:45am

World

G7 foreign ministers met by videoconference over Mideast: Italy

ROME: G7 foreign ministers met by videoconference Sunday to discuss the Middle East and expressed "strong concern"...

Published 04 Aug, 2024 10:37pm

World

Jordan FM holds talks in Iran as Middle East tensions soar

TEHRAN: Jordan’s Foreign Minister Ayman Safadi held talks Sunday with officials in Iran, as fears of an escalation...

Published 04 Aug, 2024 06:42pm

World

France invites its citizens to leave Lebanon due to military risks

France has invited French citizens in Lebanon to leave the country due to a risk of military escalation in the...

Published 04 Aug, 2024 11:02am

Opinion

The cries of the oppressed have overtaken the entire Middle East

“When evildoing comes like falling rain, nobody calls out “stop!” Bertolt Brecht says, ”When crimes begin to...

Published 02 Aug, 2024 06:31am

Pakistan

Nutshell announces strategic expansion into ME

KARACHI: Nutshell Group has announced its strategic expansion into the Middle East market under its commitment to...

Published 01 Aug, 2024 07:17am

World

Austin says Middle East war not inevitable, seeks to ‘take temperature down’

SUBIC: US Defence Secretary Lloyd Austin said on Wednesday he did not think a wider war in the Middle East was...

Updated 31 Jul, 2024 12:19pm

World

Lufthansa group suspends flights to Lebanese capital Beirut

SEOUL: Airline group Lufthansa has suspended flights to the Lebanese capital Beirut up to and including July 30...

Published 29 Jul, 2024 10:59am

PM to head panel to boost investment

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the authorities concerned to form a steering committee to be...

Updated 23 Jul, 2024 09:45am

World

Israel strikes Gaza, Yemen, Lebanon foes after attacks

GAZA STRIP: The Middle East was reeling Sunday from deadly violence with Israel bombing Gaza, Lebanon and Yemen in...

Published 21 Jul, 2024 12:29pm

Opinion

Year of global shockwaves

We’re only halfway through the year, and already 2024 has produced more high-voltage political shockwaves than any...

Published 04 Jul, 2024 06:28am

Life & Style

‘Dubai’s residential property still relatively affordable compared to regional cities’

Global Wealth & Lifestyle Report 2024 says emirate's status as robust and stable economic hub make it attractive place of residence

Updated 28 Jun, 2024 05:48pm

Business & Finance

Dubai property boom is defying expectations of slowdown

Traditional markets like India, Pakistan to see investors join from Australia, UK, Europe

Updated 25 Jun, 2024 07:16pm

World

‘Strong’ Palestinian Authority needed for Mideast peace: EU’s Borrell

BRUSSELS: A “strong” Palestinian Authority is needed to bring peace in the Middle East, EU foreign policy chief...

Published 26 May, 2024 08:35pm

World

Iran’s Khamenei criticises Arab-Israel normalisation bids

TEHRAN: Iran’s supreme leader Ayatollah Ali Khamenei said Wednesday efforts underway to forge a normalisation of...

Published 01 May, 2024 06:39pm

Business & Finance

Asia Pacific economies headed for ‘soft landing’, says IMF

SINGAPORE: Rapid disinflation and resilient growth will help Asia Pacific achieve a “soft landing” even though...

Published 30 Apr, 2024 10:51am

World

India set to sign trade deal with Oman to expand its Middle East ties

NEW DELHI: India and Oman will sign a trade deal in the coming months, two Indian government officials said, as New...

Published 27 Apr, 2024 12:04pm

World

Mideast tensions threaten global progress on inflation: World Bank

WASHINGTON: The ongoing tensions in the Middle East threaten to halt – or even reverse – some of the recent progress...

Published 25 Apr, 2024 05:24pm

World

IMF launches regional office in Saudi capital Riyadh

DUBAI: The International Monetary Fund will open a new regional office in Saudi Arabia’s capital Riyadh, it said in...

Published 24 Apr, 2024 08:56pm

Markets

Gold price per tola increases Rs1,500, hits record high in Pakistan

Gold rate in Pakistan hit a fresh high on Saturday as the yellow metal advanced with its safe-haven appeal amid...

Updated 20 Apr, 2024 09:28pm

Pakistan

US influence in ME region significantly reduced: Speakers

ISLAMABAD: Speakers at a roundtable discussion on Friday underscored that the latest escalations in the Middle East,...

Published 20 Apr, 2024 04:18am

Markets

Govt pins increase in prices of petroleum products to global hike in rates

The Ministry of Finance has attributed its latest decision of increasing prices of petroleum products to a hike in...

Published 16 Apr, 2024 08:26pm

World

Mideast-related oil price spike threatens ‘relatively good’ economic outlook: IMF chief economist

WASHINGTON: The recent oil price spike fueled by rising Middle East tensions has the potential to derail the IMF’s...

Published 16 Apr, 2024 06:56pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 9	278.85
USD PKR Interbank Buying / Sep 9	278.65
USD to Japanese Yen / Sep 9	143.24
USD to Swiss Franc / Sep 9	0.85
Pound Sterling to USD / Sep 9	1.31
Euro to USD / Sep 9	1.10

Stock	Volume
S&P 500 / Sep 9	5,471.05
India Sensex / Sep 9	81,559.54
Tokyo Nikkei / Sep 9	36,321.80
Nasdaq / Sep 9	16,884.61
Hang Seng / Sep 9	17,237.56
FTSE 100 / Sep 9	8,270.84
Dow Jones / Sep 9	40,829.59
Germany DAX 30 / Sep 9	18,443.56

Item	Value
Crude Oil USD/Barrel / Sep 9	68.57
Karachi Cotton PKR/37.32 KG / Sep 9	18,535
Gold 10 Grams PKR / Sep 9	223,251
Gold Spot USD/Ounce / Sep 9	2,503.54
Cotton US¢/pound / Sep 9	68.04
Petrol/Litre / Sep 10	259.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 10 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 10 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 10 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 10 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 10 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 10 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 10 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 10 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 10 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 10 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 10 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 10 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 10 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 10 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 10 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 10 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 10 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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