Trends - Najy Benhassine - Business Recorder

Najy Benhassine

World Bank rejects media reports

ISLAMABAD: The World Bank (WB) has stated that the media reports claiming that it has delayed the release of loans ...

Updated 20 Jan, 2023 08:49am

Business & Finance

Sindh, World Bank discuss targeted subsidies for small growers

KARACHI: Sindh Chief Minister Syed Murad Ali Shah in his meeting with a World Bank delegation led by its Country...

Published 12 Oct, 2022 06:49am

Emergency operations in flood-hit areas: World Bank says allocating $2bn from existing financed projects

Country Director WB informs Finance Minister Ishaq Dar that around $1.5 billion would be mobilized this year due to the emergency situation

Updated 10 Oct, 2022 09:36am

Business & Finance

Govt committed to place economy on path of sustainable growth: Ishaq Dar tells World Bank

Finance minister shares economic challenges being faced by Pakistan in the wake of the recent devastating floods

Published 08 Oct, 2022 07:21pm

World Bank extends CASA-1000 closing date

ISLAMABAD: The World Bank (WB) has extended closing date of $0.6 million Grant Agreement of Central Asia- South...

Updated 05 Oct, 2022 09:56am

Pakistan

WB, Punjab govt agree to expand cooperation in various fields

LAHORE: A World Bank delegation led by its Country Director Najy Benhassine met with Punjab Chief Minister Chaudhry...

Published 24 Sep, 2022 03:49am

Minister briefed about WB’s RISE-II, PACE-II programmes

ISLAMABAD: Federal Minister for Finance and Revenue Miftah Ismail held a meeting with Najy Benhassine, Country...

Updated 19 Sep, 2022 09:37am

Pakistan

World Bank delegation meets P&D Board Chairman

LAHORE: World Bank Country Director Najy Benhassine called on Chairman of Planning & Development Board Abdullah...

Published 01 Sep, 2022 05:50am

Pakistan

Sindh govt, WB agree to repair Jam Sadiq bridge, construct alternate

KARACHI: Sindh Chief Minister Syed Murad Ali Shah along with his team and the World Bank Country Director Najy...

Published 23 Jul, 2022 04:10am

Pakistan

World Bank approves $200mn for Pakistan’s agricultural sector

Funding to be used to support transforming agricultural sector by adopting climate-smart technologies to improve water-use efficiency, build resilience to extreme weather events and increase the incomes of small farmers

Updated 16 Jul, 2022 06:15pm

Pakistan

Minister briefed about WB-funded programmes

ISLAMABAD: Minister of State on Finance and Revenue Dr Aisha Ghous Pasha held a meeting with Country Director World...

Published 18 May, 2022 05:54am

WB board approves $435m in financing for 3 projects

ISLAMABAD: The World Bank’s Board of Executive Directors has approved $435 million in financing for three ...

Updated 12 Mar, 2022 10:03am

Pakistan

World Bank approves $435mn for Pakistan’s housing projects

Financing will expand access to housing finance particularly for low-income households, improve land tenure rights and facilitate affordable housing developments in urban Punjab

Updated 11 Mar, 2022 05:51pm

World Bank briefs ministry about projects being funded by it

Out of 54 projects, 23 projects worth $7.8bn are being implemented by the federal government against which $3.4 bn has been disbursed so far

Updated 12 Feb, 2022 05:38pm

Pakistan

WB likely to further downgrade $200m locust and food security project

ISLAMABAD: The World Bank is likely to further downgrade the $200 million locust emergency and food security project...

Published 10 Feb, 2022 04:40am

54 projects being implemented through World Bank funding

Federal Minister for Economic Affairs directs EAD officials to set up a project management unit for effective monitoring of development schemes

Updated 10 Feb, 2022 10:17am

Tarin, WB officials discuss RISE-II

ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin held a meeting with Najy Benhassine, country...

Updated 09 Feb, 2022 09:18am

Pakistan

Azhar lauds WB’s support to energy sector reforms

ISLAMABAD: Federal Minister for Energy Hammad Azhar received the World Bank’s Country Director for Pakistan, Najy...

Published 20 Jan, 2022 04:21am

Business & Finance

Pakistan, World Bank ink $195mn agreement to improve electricity distribution

Pakistani authorities signed a financing agreement of Electricity Distribution Efficiency Improvement Project ...

Updated 23 Dec, 2021 07:07pm

Business & Finance

WB country director meets FBR chairman

ISLAMABAD: The World Bank Country Director, Najy Benhassine, called on Chairman Federal Board of Revenue (FBR) Dr....

Updated 11 Dec, 2021 11:03am

Business & Finance

WB for structural reforms in Pakistan to sustain recovery

ISLAMABAD: The World Bank Vice President for South Asia, Hartwig Schafer, concluded Sunday a week-long visit to...

Published 09 Aug, 2021 05:05am

Pakistan

Sindh govt to allot plots to affected families, WB told

KARACHI: Sindh Chief Minister Syed Murad Ali Shah on Friday told a team of the World Bank that the Sindh government...

Published 07 Aug, 2021 04:01am

Pakistan

Govt plans to revamp PBS, WB informed

ISLAMABAD: World Bank’s South Asia Regional Vice President (SARVP) Hartwig Schafer and Country Director Najy...

Published 05 Aug, 2021 04:34am

World Bank reallocates $150m for Pakistan to procure Covid-19 vaccines

ISLAMABAD: The World Bank has reallocated $ 150 million for Pakistan to procure Covid-19 vaccines, South Asia...

Updated 04 Aug, 2021 11:30am

Business & Finance

Pakistan, World Bank sign $442m for Punjab's water supply, sanitation

Amount was approved last week
Minister for Economic Affairs Omar Ayub Khan says project is aimed at investing in people and improve living standards

Published 26 Jun, 2021 05:08pm

Water, sanitation services in Punjab: WB board approves $442m financing

ISLAMABAD: The World Bank’s Board of Executive Directors has approved $442 million in financing to support ...

Published 20 Jun, 2021 03:39am

Pakistan

World Bank approves $442m for Pakistan’s water and sanitation services

Punjab Rural Sustainable Water Supply and Sanitation Project will help upgrade infrastructure in rural settlements

Published 19 Jun, 2021 04:38pm

Govt leading ‘green finance’ innovations: PM

Gainers
Losers
Leaders

Stock	Price
Tri-Star Mutual / Jan 27 Tri-Star Mutual Fund Limited(TSMF)	4.85 ▲ 0.83 (20.65%)
Jahangir Sidd(Pref) / Jan 27 Jahangir Sidd(Pref)(JSCLPSA)	7.39 ▲ 0.99 (15.47%)
Tariq Corp.Pref. / Jan 27 Tariq Corporation Limited-Preference Shares(TCORPCPS)	10.30 ▲ 1.00 (10.75%)
AN Textile Mill / Jan 27 AN Textile Mills Limited(ANTM)	9.80 ▲ 0.74 (8.17%)
Hafiz Ltd. / Jan 27 Hafiz Limited(HAFL)	148.98 ▲ 10.39 (7.50%)
Kohinoor Textile / Jan 27 Kohinoor Textile Mills Limited(KTML)	43.01 ▲ 3.00 (7.50%)
Sunrays Textile / Jan 27 Sunrays Textile Mills Limited(SUTM)	131.31 ▲ 9.16 (7.50%)
Tandlianwala Sugar / Jan 27 Tandlianwala Sugar Mills Limited(TSML)	62.46 ▲ 4.36 (7.50%)
Hussain Industries / Jan 27 Husein Industries Limited(HUSI)	23.10 ▲ 1.61 (7.49%)
Mehran Sugar / Jan 27 Mehran Sugar Mills Limited(MRNS)	30.63 ▲ 2.13 (7.47%)

Stock	Price
PICIC Ins.Ltd. / Jan 27 PICIC Insurance Limited(PIL)	0.60 ▲ -0.10 (-14.29%)
Pak Gulf Leasing / Jan 27 Pak-Gulf Leasing Company Limited(PGLC)	6.45 ▲ -0.98 (-13.19%)
Samba Bank / Jan 27 Samba Bank Limited(SBL)	7.40 ▲ -1.00 (-11.90%)
First Prudential Mod. / Jan 27 First Prudential Modaraba(PMI)	1.47 ▲ -0.19 (-11.45%)
Premier Insurance / Jan 27 Premier Insurance Limited(PINL)	6.65 ▲ -0.85 (-11.33%)
Dewan Sugar / Jan 27 Dewan Sugar Mills Limited(DWSM)	2.60 ▲ -0.30 (-10.34%)
Pak Gen.Ins. / Jan 27 The Pakistan General Insurance Co. Ltd.(PKGI)	4.55 ▲ -0.45 (-9.00%)
Dewan Farooque Sp. / Jan 27 Dewan Farooque Spinning Mills Limited(DFSM)	3.25 ▲ -0.30 (-8.45%)
Bhanero Textile / Jan 27 Bhanero Textile Mills Limited(BHAT)	1026.76 ▲ -83.24 (-7.50%)
Ellcot Spinning / Jan 27 Ellcot Spinning Mills Limited(ELSM)	127.82 ▲ -10.36 (-7.50%)

Stock	Volume
Cnergyico PK / Jan 27 Cnergyico PK Limited(CNERGY)	44,728,565 ▲ -0.14
TPL Properties / Jan 27 TPL Properties Limited(TPLP)	20,045,406 ▲ -0.39
WorldCall Telecom / Jan 27 Worldcall Telecom Limited(WTL)	14,285,841 ▲ -0.07
Pak Refinery / Jan 27 Pakistan Refinery Limited(PRL)	14,189,270 ▲ -0.04
D.G.K.Cement / Jan 27 D.G. Khan Cement Company Limited(DGKC)	13,474,736 ▲ -1.78
Maple Leaf Cement / Jan 27 Maple Leaf Cement Factory Limited(MLCF)	13,339,412 ▲ -0.95
Sui North Gas / Jan 27 Sui Northern Gas Pipelines Limited(SNGP)	12,739,076 ▲ -1.06
Fauji Foods Ltd / Jan 27 Fauji Foods Limited(FFL)	12,500,726 ▼ 0.19
TRG Pak Ltd / Jan 27 TRG Pakistan Limited(TRG)	10,114,558 ▲ -1.21
K-Electric Ltd. / Jan 27 K-Electric Limited(KEL)	9,636,460 ▲ -0.09

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 27	265
USD PKR Interbank Buying / Jan 27	263
USD to Japanese Yen / Jan 27	129.87
USD to Swiss Franc / Jan 27	0.92
Pound Sterling to USD / Jan 27	1.24
Euro to USD / Jan 27	1.09
UK LIBOR % / Jan 26	4.31

Stock	Volume
S&P 500 / Jan 27	4063.40
India Sensex / Jan 27	59330.90
Tokyo Nikkei / Jan 27	27381.18
Nasdaq / Jan 27	11574.06
Hang Seng / Jan 27	22555.27
FTSE 100 / Jan 27	7760.68
Dow Jones / Jan 27	34071.23
Germany DAX 30 / Jan 27	15133.48
France CAC40 / Jan 27	7089.33

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 26	20235
Crude Oil USD/Barrel / Jan 27	81.58
Gold 10 Grams PKR / Jan 27	173610
Gold Spot USD/Ounce / Jan 27	1926.09
Cotton US¢/pound / Jan 27	86.91

Najy Benhassine

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