Trends - Riyadh - Business Recorder

Riyadh

KSA to enforce January deadline to move regional HQs to Riyadh

RIYADH: Saudi Arabia will implement its January 2024 deadline requiring international firms that wish to secure...

Published 26 Oct, 2023 06:08am

Business & Finance

South Korea’s Hyundai, Saudi Aramco clinch $2.4bn gas plant deal

SEOUL: South Korea’s Hyundai Engineering & Construction and Hyundai Engineering have signed a $2.4 billion...

Published 24 Oct, 2023 11:09am

World

Investors head to Riyadh in shadow of Israel-Hamas war

RIYADH: Saudi Arabia holds an investment conference next week that is set to be overshadowed by the Israel and Hamas...

Published 17 Oct, 2023 05:51am

World

Blinken to meet Saudi Crown Price on Sunday in Riyadh, US official says

RIYADH: US Secretary of State Antony Blinken will meeting Saudi Crown Prince Mohammed bin Salman in Riyadh on...

Updated 15 Oct, 2023 11:07am

World

Israeli minister attends UN conference in Saudi Arabia

JERUSALEM: Israel’s tourism minister travelled to Saudi Arabia for a UN conference on Tuesday, his office said,...

Published 26 Sep, 2023 07:17pm

World

Saudi Arabia welcomes positive results of talks to support peace process in Yemen

CAIRO: Saudi Arabia welcomes the positive results of discussions to support the peace process in Yemen, the...

Published 20 Sep, 2023 11:31am

Technology

Youthful, gaming-obsessed Saudi seeks homegrown hit

RIYADH: Young Saudis wander through a museum of video game history stretching from the original Pac-Man to...

Updated 03 Sep, 2023 01:04pm

World

Biden considers meeting Saudi Arabia’s Mohammed bin Salman at G20

U.S. President Joe Biden is considering meeting with Saudi Crown Prince Mohammed bin Salman on the sidelines of next...

Updated 21 Aug, 2023 09:42pm

World

Saudi Arabian Airlines launches new direct flights to Beijing

RIYADH: State-owned Saudi Arabian Airlines has launched new direct flights connecting Riyadh and Jeddah with the...

Published 07 Aug, 2023 06:34am

Markets

China, Saudi in talks for ETF cross-listings to bolster financial ties

HONG KONG: China and Saudi Arabia’s stock exchanges are in talks to allow exchange-traded funds (ETFs) to list on...

Published 04 Aug, 2023 01:38pm

World

Riyadh announces international conference on Sudan aid

RIYADH: Saudi Arabia announced on Tuesday that it would jointly lead a conference on the humanitarian response to ...

Updated 13 Jun, 2023 11:00pm

World

Palestinian president Mahmud Abbas arrives in China

BEIJING: Palestinian leader Mahmud Abbas arrived in Beijing on Tuesday, state media reported, with China expressing...

Updated 13 Jun, 2023 02:57pm

World

Kremlin says US can’t tell Saudi Arabia what to do on oil policy

MOSCOW: The Kremlin said on Friday that Saudi Arabia did not need lectures from the United States about oil policy,...

Published 09 Jun, 2023 02:29pm

Markets

Chinese investors flock to Riyadh conference seeking new markets, capital

HONG KONG/RIYADH: Chinese entrepreneurs and investors are flocking to Riyadh this week to attend a business...

Published 09 Jun, 2023 09:49am

World

Saudi foreign minister says wealthy countries must take back Islamic State nationals

RIYADH: Saudi Arabia’s foreign minister said on Thursday it was “disheartening and absolutely unacceptable” that...

Updated 08 Jun, 2023 02:01pm

World

Iran to reopen its embassy in Riyadh on Tuesday

DUBAI: Iran will reopen its embassy in Saudi Arabia’s capital on Tuesday, Iranian sources told semi-official Fars...

Published 05 Jun, 2023 04:07pm

World

Saudi top diplomat heads to Syria for first visit since war

DAMASCUS: Saudi Arabia’s top diplomat is due to arrive in Damascus Tuesday on the first visit by a Saudi official...

Published 18 Apr, 2023 03:00pm

World

Iran delegation arrives in Saudi amid thaw between regional powers

TEHRAN; An Iranian delegation arrived in Saudi Arabia on Wednesday to pave the way for reopening diplomatic missions...

Published 12 Apr, 2023 03:28pm

World

Top Iranian, Saudi envoys meet in China, discuss diplomatic ties

BEIJING/RIYADH: The foreign ministers of Iran and Saudi Arabia met in Beijing on Thursday for the first formal...

Updated 06 Apr, 2023 12:52pm

World

European aviation sector fears CO2 rules could clip its wings

PARIS: European airlines fear losing out to rivals based outside the EU that can ignore the bloc’s...

Published 02 Apr, 2023 10:19am

World

Riyadh joins Shanghai Cooperation Organization as ties with Beijing grow

RIYADH: Saudi Arabia’s cabinet approved on Wednesday a decision to join the Shanghai Cooperation Organization, as...

Published 29 Mar, 2023 11:26am

World

Xi hails Middle East thaw in call with Saudi crown prince

BEIJING: Chinese President Xi Jinping lauded what he called the easing of tensions in the Middle East during a call...

Published 28 Mar, 2023 12:57pm

World

‘Sea change’: disruptive Saudi prince shows new pragmatism with Iran

RIYADH: Saudi Crown Prince Mohammed bin Salman once compared Iran’s supreme leader to Hitler, but has now green-lit...

Published 24 Mar, 2023 11:06am

World

Saudi, Iranian FMs hold Ramazan call, vow to meet ‘soon’: Riyadh

RIYADH: The Saudi and Iranian foreign ministers spoke by phone to mark the beginning of Ramadan, vowing to meet...

Published 24 Mar, 2023 05:55am

World

Top UAE and Iran security officials meet after Riyadh-Tehran deal

DUBAI: The United Arab Emirates’ national security adviser held talks Thursday in Abu Dhabi with his Iranian...

Published 16 Mar, 2023 07:23pm

World

Saudi unveils new airline to compete with Gulf rivals

RIYADH: Saudi Arabia announced Sunday the creation of a new national airline, part of a plan to turn Riyadh into a...

Updated 13 Mar, 2023 06:29am

World

Oracle to invest $1.5bn in Saudi Arabia, open data centre in Riyadh

Oracle Corp plans to invest $1.5 billion in Saudi Arabia in the coming years as it builds up its cloud footprint in...

Published 06 Feb, 2023 12:17pm

World

Saudi Arabia to host world’s media leaders for major industry forum

Forum will cover the important role played by the industry in relation to social, political, and economic issues

Published 25 Jan, 2023 11:22pm

Pakistan

Riyadh plans to hold ‘Expo Hajj 2023’

ISLAMABAD: The Kingdom is set to host a conference and exhibition for Hajj and Umrah services aimed at improving the...

Published 19 Dec, 2022 06:00am

World

Xi travels to Saudi for three days of Mideast outreach

RIYADH: Chinese President Xi Jinping arrives in Saudi Arabia on Wednesday for three days of meetings with regional...

Published 07 Dec, 2022 01:12pm

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Nov 28 Kohinoor Power Company Limited(KOHP)	4.88 ▲ 1.00 (25.77%)
Saritow Spinning / Nov 28 Saritow Spinning Mills Limited(SSML)	6.90 ▲ 0.90 (15.00%)
Hira Textile / Nov 28 Hira Textile Mills Limited(HIRAT)	2.25 ▲ 0.29 (14.80%)
Service Textile / Nov 28 Service Industries Textiles Limited(SERT)	10.11 ▲ 1.00 (10.98%)
Shaheen Ins. / Nov 28 Shaheen Insurance Company Limited(SHNI)	3.74 ▲ 0.29 (8.41%)
Premier Insurance / Nov 28 Premier Insurance Limited(PINL)	7.90 ▲ 0.58 (7.92%)
Saif Textile / Nov 28 Saif Textile Mills Limited(SAIF)	12.40 ▲ 0.88 (7.64%)
Calcorp / Nov 28 Calcorp Limited(CASH)	19.91 ▲ 1.39 (7.51%)
Prosperity Weav / Nov 28 Prosperity Weaving Mills Limited(PRWM)	30.64 ▲ 2.14 (7.51%)
Shakarganj / Nov 28 Shakarganj Limited(SML)	37.95 ▲ 2.65 (7.51%)

Stock	Price
F.Credit & Inv / Nov 28 First Credit and Investment Bank Limited(FCIBL)	5.53 ▼ -0.66 (-10.66%)
Pervez Ahmed Co / Nov 28 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.81 ▼ -0.07 (-7.95%)
Samba Bank / Nov 28 Samba Bank Limited(SBL)	7.85 ▼ -0.66 (-7.76%)
Metro Steel / Nov 28 Metropolitan Steel Corporation Limited(MSCL)	24.97 ▼ -2.02 (-7.48%)
Indus Dyeing / Nov 28 Indus Dyeing & Manufacturing Co. Limited(IDYM)	155 ▼ -11.65 (-6.99%)
Bank of Khyber / Nov 28 The Bank of Khyber(BOK)	11 ▼ -0.80 (-6.78%)
Dawood Lawrencepur / Nov 28 Dawood Lawrencepur Limited(DLL)	225.01 ▼ -14.98 (-6.24%)
Hala Enterprise / Nov 28 Hala Enterprises Limited(HAEL)	10.75 ▼ -0.66 (-5.78%)
Bannu Woollen / Nov 28 Bannu Woollen Mills Limited(BNWM)	30.01 ▼ -1.77 (-5.57%)
Punjab Mod / Nov 28 First Punjab Modaraba(FPJM)	1.60 ▼ -0.09 (-5.33%)

Stock	Volume
Kohinoor Spining / Nov 28 Kohinoor Spinning Mills Limited(KOSM)	109,392,000 ▲ 0.20
WorldCall Telecom / Nov 28 Worldcall Telecom Limited(WTL)	46,934,478 ▲ 0.08
Treet Corp. (R) / Nov 28 Treet Corporation Limited (R)(TREETR2)	24,129,801 ▼ -0.04
Yousuf Weaving / Nov 28 Yousaf Weaving Mills Limited(YOUW)	22,758,500 ▼ -0.19
B.O.Punjab / Nov 28 The Bank of Punjab(BOP)	22,254,960 ▲ 0.24
Maple Leaf Cement / Nov 28 Maple Leaf Cement Factory Limited(MLCF)	17,865,589 ▲ 0.32
D.G.K.Cement / Nov 28 D.G. Khan Cement Company Limited(DGKC)	15,655,201 ▲ 3.01
Agritech Limited / Nov 28 Agritech Limited(AGL)	15,233,500 ▲ 0.76
Pak Elektron / Nov 28 Pak Elektron Limited(PAEL)	14,205,993 ▲ 0.04
P.I.A.C.(A) / Nov 28 Pakistan International Airlines Corp(PIAA)	13,108,000 ▼ -0.06

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 28	285.85
USD PKR Interbank Buying / Nov 28	285.35
USD to Japanese Yen / Nov 28	148.25
USD to Swiss Franc / Nov 28	0.88
Pound Sterling to USD / Nov 28	1.26
Euro to USD / Nov 28	1.10
UK LIBOR % / Nov 27	5.46

Stock	Volume
S&P 500 / Nov 27	4550.43
Nasdaq / Nov 27	14241.02
Dow Jones / Nov 27	35333.47
India Sensex / Nov 28	65983.73
Tokyo Nikkei / Nov 28	33370.40
Hang Seng / Nov 28	17485.79
FTSE 100 / Nov 28	7442.27
Germany DAX 30 / Nov 28	15941.55
France CAC40 / Nov 28	7237.40

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 27	17735
Gold 10 Grams PKR / Nov 27	185614
Crude Oil USD/Barrel / Nov 28	74.99
Gold Spot USD/Ounce / Nov 28	2015.58
Cotton US¢/pound / Nov 28	79.06

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