Trends - Riyadh - Business Recorder

Riyadh

Gaza set to dominate Saudi-hosted global economy summit

RIYADH: The war in Gaza and broader Middle East tensions are expected to get top billing at a Saudi-hosted special...

Updated 28 Apr, 2024 09:03pm

Pakistan

PM in Riyadh to attend WEF moot

The Prime Minister and the Ministers will participate in WEF discussions on issues related to trade and investment measures

Updated 28 Apr, 2024 09:30am

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

Riyadh eyes significant investment in Pakistan: Saudi FM

ISLAMABAD: Expressing confidence in the productive discussions with Pakistani authorities, Saudi Foreign Minister...

Updated 17 Apr, 2024 09:41am

B2B Conference: Businessmen delegation leaves for Riyadh

ISLAMABAD: Pakistan’s first and largest ever business delegation, comprising top Business Groups has left for Riyadh...

Updated 21 Feb, 2024 10:06pm

World

UAE foreign minister calls for efforts to prevent expansion of Gaza conflict

DUBAI: The United Arab Emirates foreign minister called for an intensification of efforts to prevent the expansion...

Published 09 Feb, 2024 05:11pm

World

Antony Blinken heads to Egypt to seek ‘enduring end’ to Gaza war

GAZA STRIP: US Secretary of State Antony Blinken was due in Egypt on Tuesday as part of a Middle East crisis tour...

Updated 06 Feb, 2024 07:58pm

Technology

Riyadh’s multi-billion EV dream risks crashing into reality

RIYADH: Riyadh has spent billions to try to turn itself into a hub for electric vehicles and overcome obstacles...

Published 23 Jan, 2024 12:38pm

World

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 22	278.62
USD PKR Interbank Buying / May 22	278.42
USD to Japanese Yen / May 22	156.32
USD to Swiss Franc / May 22	0.91
Pound Sterling to USD / May 22	1.27
Euro to USD / May 22	1.09

Stock	Volume
S&P 500 / May 21	5321.41
Nasdaq / May 21	16832.63
Dow Jones / May 21	39872.99
India Sensex / May 22	74007.26
Tokyo Nikkei / May 22	38615.77
Hang Seng / May 22	19241.22
FTSE 100 / May 22	8384.69
Germany DAX 30 / May 22	18694.36

Item	Value
Gold 10 Grams PKR / May 21	213048
Petrol/Litre / May 22	273.10
Crude Oil USD/Barrel / May 22	79.26
Karachi Cotton PKR/37.32 KG / May 22	19935
Gold Spot USD/Ounce / May 22	2413.48
Diesel/Litre / May 22	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 22 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 22 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 22 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 22 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 22 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 22 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 22 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 22 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 22 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 22 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 22 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 22 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 22 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 22 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 22 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 22 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 22 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 22 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 22 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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