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REKO DIQ

Will personally monitor Saudi investment projects; no laxity to be tolerated: PM Shehbaz

Prime Minister Shehbaz Sharif on Thursday said he would personally monitor the Saudi investment projects and warned...

Published 18 Apr, 2024 06:59pm

Editorials

Pak-Saudi relationship is alive and kicking

EDITORIAL: The April 15-16 visit of a high-powered Saudi delegation – headed by Foreign Minister Prince Faisal bin...

Published 18 Apr, 2024 03:24am

Editorials

The contracts

EDITORIAL: Prime Minister Shehbaz Sharif while chairing a meeting on Reko Diq mining project - with the Chief...

Published 28 Mar, 2024 06:50am

Reko Diq project: foolproof security ordered by PM

PM Shehbaz says consultations should be held with all stakeholders regarding the project at the official level and all the obstacles should be removed

Updated 25 Mar, 2024 09:41am

Business & Finance

Barrick Gold delegation calls on PM: ‘Reko Diq project’s feasibility to be completed this year’

ISLAMABAD: A delegation of Barrick Gold Company led by Chief Executive Officer Mark Bristow was called Prime ...

Published 23 Mar, 2024 05:41am

World

Election impact on Reko Diq project: Barrick CEO says civil servants leading discussions are the same

Bristow says company 'doesn't get involved' in politics

Published 15 Feb, 2024 07:34pm

Opinion

Does Pakistan need copper?

The Business Recorder of January 08, 2024, carried a headline ‘Co asked to share logistic requirements for Reko Diq...

Updated 17 Jan, 2024 02:33pm

Reko Diq project: Co asked to share logistic requirements

Company unwilling to use Gwadar Port for the time being

Updated 08 Jan, 2024 01:11pm

Editorials

Legal framework for Saudi investment

EDITORIAL: SIFC (special investment facilitation council) is in the news yet again; this time for helping overcome...

Published 07 Jan, 2024 02:43am

Editorials

Claim, counter-claims, and ECC

EDITORIAL: It’s a bit rich of Pakistani authorities to try to penalise Chinese power plants set up under CPEC...

Published 06 Jan, 2024 05:17am

Opinion

Hopium – I

Stubborn refusal to look reality in the face and wishing for good daddy saviour has been our norm since 75 years,...

Published 04 Jan, 2024 05:41am

Business & Finance

Pakistan drawing Saudi interest in Reko Diq

ISLAMABAD: Saudi Arabia has shown interest in acquiring government stakes in Pakistan’s Reko Diq gold and copper...

Published 15 Nov, 2023 06:09am

Reko Diq assessment done by global consultants: govt

ISLAMABAD: Deputy Chairman Planning Commission and Secretary Special Investment Facilitation Council (SIFC),...

Updated 15 Nov, 2023 09:48am

Pakistan

Pakistan drawing Saudi interest in mine stakes, adviser says

ISLAMABAD: Saudi Arabia has shown interest in acquiring government stakes in Pakistan’s Reko Diq gold and copper...

Published 14 Nov, 2023 05:00pm

Pakistan

Reko-Diq Project: Pakistan hopeful of reaching deal with Saudi Arabia by December, says Kakar

Interim prime minister avoids commenting on sharing details of the commercial deal

Updated 08 Nov, 2023 10:57pm

KSA, Qatar: Issues over BIT template block huge investment

ISLAMABAD: The Board of Investment (BoI) is likely to move the Federal Cabinet to scrap Bilateral Investment Treaty...

Updated 08 Nov, 2023 08:34am

‘Selling govt share in Reko Diq to KSA’: Terms being drafted to hire FA for 3rd-party assessment

ISLAMABAD: Energy Division along with Board of Investment (BoI) has been drafting terms and conditions to hire a...

Updated 12 Oct, 2023 09:32am

Opinion

No more business as usual-I

It is stated that Pakistan requires a sustained GDP growth of 7-9% for 30 years, increase focus on reducing...

Updated 04 Oct, 2023 06:58am

Markets

Reko-Diq Project: PPL to evaluate potential engagement with sovereign foreign investors

Decides to hire advisors through associated company

Published 28 Sep, 2023 11:25pm

Opinion

Reko Diq

In the early 1990s, Pakistan’s biggest gold and copper reserve was discovered at Reko Diq in Chaghai District of...

Published 24 Sep, 2023 03:21am

Reko Diq deal as per law: Justice Mandokhail

ISLAMABAD: Justice Jamal Mandokhail, a member of Supreme Court of Pakistan bench, which heard the presidential...

Updated 14 Sep, 2023 09:43am

Pakistan

Hilal-i-Imtiaz for officers behind successful settlement of Reko-Diq dispute

ISLAMABAD: The federal government has nominated the officers for the award of Hilal-i-Imtiaz, who contributed to the...

Published 17 Aug, 2023 03:49am

Opinion

Pakistan mineral outlook

Recently, an important conference, ‘Pakistan Mineral Summit’, has been organised in Islamabad by the Petroleum...

Updated 16 Aug, 2023 06:18am

Govt of Pakistan’s equity in Reko Diq project: Barrick says ‘will not mind’ if PIF wants to buy out

Barrick will support Saudi Arabia’s wealth fund coming into the mine through Pakistan’s 25% equity stake, says CEO Mark Bristow

Updated 09 Aug, 2023 10:21am

Opinion

Reduce, not expand, the size of govt to restore investor confidence

After the unexpected IMF (International Monetary Fund) bailout, the economy is in search of regaining lost...

Published 07 Aug, 2023 06:34am

Pakistan’s share of investment: Barrick Gold agrees to make payment in PKR

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday said that Reko Diq project would prove to be a game changer for...

Updated 02 Aug, 2023 09:58am

Editorials

Court not to interfere in economic policy

EDITORIAL: Chief Justice Umar Ata Bandial while heading a three-judge bench hearing the Jamaat-i-Islami petition to...

Updated 12 Jun, 2023 06:51am

Barrick Gold Project: PMO orders resolution of airstrip, other issues

ISLAMABAD: The Prime Minister’s Office (PMO) has directed concerned ministries and provincial governments to resolve...

Updated 26 May, 2023 08:46am

Opinion

There’s no light at the end of the tunnel?

Ours is a vibrant democracy with a vigorous free press. Agreed, but how unbelievable it is that an elected ...

Published 08 Apr, 2023 06:21am

Editorials

ECC decisions

EDITORIAL: Economic Coordination Committee of the Cabinet (ECC), the highest economic decision-making body in the...

Published 30 Mar, 2023 06:35am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 26	156.17
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 25	5048.42
Nasdaq / Apr 25	15611.76
FTSE 100 / Apr 25	8078.86
Dow Jones / Apr 25	38085.80
Germany DAX 30 / Apr 25	17917.28
France CAC40 / Apr 25	8016.65
India Sensex / Apr 26	74171.68
Tokyo Nikkei / Apr 26	37934.72

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Petrol/Litre / Apr 26	293.94
Crude Oil USD/Barrel / Apr 26	83.89
Gold Spot USD/Ounce / Apr 26	2336.33
Diesel/Litre / Apr 26	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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