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Middle East

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

World

US will use sanctions to disrupt Iran’s ‘malign’ activity, Yellen says

WASHINGTON: U.S. Treasury Secretary Janet Yellen on Tuesday said Iran’s attack on Israel last weekend and its...

Published 16 Apr, 2024 06:08pm

World

China’s top diplomat Wang holds call with Iranian counterpart

BEIJING: China’s foreign minister held phone discussions with his Iranian counterpart, Beijing state media said...

Published 16 Apr, 2024 12:14pm

World

Biden to meet Iraqi PM as Middle East tensions soar

WASHINGTON: US President Joe Biden will meet Iraq’s Prime Minister Mohamed Shia al-Sudani at the White House Monday,...

Published 15 Apr, 2024 07:48pm

World

EU’s Borrell says Middle East on cliff edge, urges Iran-Israel de-escalation

MADRID: The European Union’s foreign policy chief said on Monday the Middle East stood “on the edge of the cliff”...

Published 15 Apr, 2024 07:07pm

World

US does not want to see Middle East crisis ‘escalate’

We're not looking for a wider war with Iran, says White House National Security Council spokesman John Kirby

Published 14 Apr, 2024 07:48pm

World

How did some countries react to Iran’s retaliatory strike against Israel

PARIS: Countries around the world condemned Iran’s strikes on Israel late Saturday, warning the attack threatened to...

Updated 14 Apr, 2024 07:56pm

World

Explosion reported near ship off Yemen coast, UKMTO says

CAIRO: The captain of a merchant ship east of Yemen’s Aden has reported an explosion near the ship, the United...

Published 17 Mar, 2024 10:37am

Markets

Saudi Arabia may keep April crude prices to Asia little changed

SINGAPORE: Top oil exporter Saudi Arabia may keep term prices of crude it sells to Asian customers little changed in...

Published 01 Mar, 2024 10:39am

World

UK’s Prince William to recognise Middle East suffering, office says

LONDON: Britain’s Prince William will carry out a number of engagements to “recognise the human suffering” caused by...

Published 20 Feb, 2024 10:50am

World

Iran’s Raisi says US presence ‘disrupts’ Middle East security

TEHRAN: Iranian President Ebrahim Raisi on Wednesday criticised the deployment of US troops in the Middle East,...

Published 07 Feb, 2024 08:08pm

World

South Korea, Qatar defence ministers agree to boost military ties

SEOUL: The defence ministers of South Korea and Qatar have agreed to expand joint military training and strengthen...

Published 07 Feb, 2024 10:42am

World

OECD ups world growth forecast but sees Middle East ‘risk’

PARIS: The OECD raised its 2024 world economic growth forecast Monday but warned that the Middle East conflict posed...

Published 05 Feb, 2024 05:45pm

World

Antony Blinken heads to Mideast to press for truce

GAZA STRIP: US Secretary of State Antony Blinken headed to the Middle East for another crisis tour on Monday in a...

Published 05 Feb, 2024 12:52pm

World

US plans more strikes in Middle East against Iran-backed groups

WASHINGTON: The United States plans to undertake further strikes after the killing of three US troops by...

Updated 04 Feb, 2024 10:06pm

World

South Korea defence minister heads to Middle East for talks, arms expo

SEOUL: South Korea’s defence minister Shin Won-sik departs on Thursday for a seven-day trip to the Middle East to...

Published 01 Feb, 2024 11:33am

Markets

Red Sea worries cause spike in refined fuel prices, but market will adjust: Russell

LAUNCESTON: The main impact from the escalating tensions in the Middle East and the threat to ships transiting the...

Published 30 Jan, 2024 10:21am

World

US military strikes two Houthi anti-ship missiles in Yemen

WASHINGTON: The US military carried out more strikes in Yemen early on Wednesday, destroying two Houthi anti-ship...

Published 24 Jan, 2024 10:53am

Business & Finance

McDonald’s CEO says several markets in Middle East impacted by conflict

McDonald’s CEO Chris Kempczinski said on Thursday several markets in the Middle East and some outside the region...

Published 05 Jan, 2024 02:49pm

Editorials

Journalists in conflict zones

EDITORIAL: In a highly disturbing but hardly surprising development, the United Nations Educational, Scientific and...

Published 24 Dec, 2023 04:00am

World

Investors pull record sums from Saudi in Middle East fund flight

LONDON: Foreign investors pulled a record amount of money from US equity funds tracking Saudi Arabia in October as...

Published 12 Nov, 2023 12:05pm

World

Middle East leaders slam Israel at Saudi-hosted summit on Gaza

Iranian President Ebrahim Raisi, on his first trip to Saudi Arabia says Islamic countries should designate the Israeli army a terrorist organisation for its conduct in Gaza

Published 11 Nov, 2023 07:08pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 23	278.42
USD PKR Interbank Buying / May 23	278.22
USD to Japanese Yen / May 23	156.74
USD to Swiss Franc / May 23	0.91
Pound Sterling to USD / May 23	1.27
Euro to USD / May 23	1.08

Stock	Volume
S&P 500 / May 22	5307.01
Nasdaq / May 22	16801.54
FTSE 100 / May 22	8370.33
Dow Jones / May 22	39671.04
Germany DAX 30 / May 22	18680.20
France CAC40 / May 22	8092.11
India Sensex / May 23	74667.86
Tokyo Nikkei / May 23	39034.80

Item	Value
Gold 10 Grams PKR / May 22	212791
Petrol/Litre / May 23	273.10
Crude Oil USD/Barrel / May 23	76.94
Karachi Cotton PKR/37.32 KG / May 23	19935
Gold Spot USD/Ounce / May 23	2362.37
Diesel/Litre / May 23	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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