Trends - Saudi Arabia - Business Recorder

Saudi Arabia

Saudi Arabia plans to end the decade old ‘kafala’ system

The report added that the changes were to be unveiled earlier this year but were delayed due to the emergence of coronavirus pandemic.

Published 29 Oct, 2020 12:16pm

Business & Finance

PIA to bolster flights to KSA amid Umrah resumption

The development comes after Pakistan announced it will accept applications for Umrah from the nationals from November 1 under the new regulations, in wake of the Saudi government's announcement to start Umrah pilgrimage for international pilgrims.

Published 28 Oct, 2020 01:09pm

Pakistan

Pakistan to start accepting Umrah applications from Nov 1

Pakistanis will be able to submit their application for Umrah pilgrimage under the new regulations

Published 27 Oct, 2020 05:00pm

World

Saudi Arabia to resume Umrah for international pilgrims from Nov 1

Sadi Ministry says negative PCR test no earlier than 72-hours before departure time in origin will be needed from the pilgrims while a quarantine period of three days must be completed in a hotel

Published 26 Oct, 2020 11:00am

World

Saudi Arabia inks strategic pacts with three IT giants on artificial intelligence

The agreements are part of Saudi Arabia's Vision 2030 reform plan that aims to promote economic and social policies

Published 23 Oct, 2020 11:39am

World

Saudi arabia becomes first country in Arab world to issue scientific papers on COVID-19

The Kingdom has been ranked 25th globally and second in the Middle East for clinical research and studies on the virus

Published 21 Oct, 2020 10:54am

World

Saudi Arabia restructures top religious, advisory bodies

King Salman appointed a new speaker and two deputies, including a woman, for the Shura Council

Updated 19 Oct, 2020 10:22am

World

Pompeo urges Saudi Arabia to consider normalizing relations with Israel

Pompeo says he raised the so-called Abraham Accords with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud at a meeting at the U.S. State Department

Published 14 Oct, 2020 07:11pm

Business & Finance

KSA, UAE remain Pakistan’s top remittance destinations

Saudi Arabia was the leading country for Pakistani workers, who remitted $665.82 million in September 2020 as compared to $515.75mn remitted in the same period last year showing an increase of over 29 percent.

Updated 12 Oct, 2020 05:53pm

World

Saudi Arabia resumes Umrah pilgrimage after seven months

In the initial phase, only 6,000 citizens and residents in the kingdom are allowed to perform Umrah

Published 04 Oct, 2020 09:16am

Business & Finance

KSA Civil Aviation issues new rules for Pakistani and other international travelers

Furthermore, travelers must adhere to the preventive health procedures that impose home quarantine for those arriving from outside the Kingdom (for Saudis and non-Saudis), as per the period determined by the Health Ministry

Published 03 Oct, 2020 02:42pm

Business & Finance

PIA repatriates over 27,000 Pakistanis to Saudi Arabia

PIA had flown more than 27,000 Pakistanis to Saudi Arabia. From September 15 to 28, some 27,500 passengers were flown to Saudi Arabia through 91 flights.

Published 29 Sep, 2020 03:33pm

World

Saudi Arabia says it busted terrorist cell trained by Iran's Revolutionary Guards

Three of those arrested had been trained in Iran while the rest were "linked to the cell in various roles".
weapons and explosives were confiscated at two locations, a house and a farm, in the Gulf Arab state.

Published 29 Sep, 2020 01:30am

Business & Finance

Saudi Arabia sends world’s first shipment of Blue Ammonia to Japan

Some 40 tons of high-grade blue ammonia already dispatched for use in zero-carbon power generation, a successful demonstration of the supply network from Saudi Arabia to Japan.

Published 28 Sep, 2020 10:21am

Business & Finance

KSA allows entry of Pakistani travelers with valid visas

However, travel is subject to a negative PCR test, which needs to be conducted not later than 48 hours before arriving in Saudi Arabia.

Published 26 Sep, 2020 03:02pm

World

Saudi Arabia suspends India flights due to coronavirus

Saudi Arabia this month partially lifted a suspension on international flights that had been enforced since March to curb the spread of the novel coronavirus.
India, with a population of about 1.4 billion, has been consistently reporting the world's highest daily tallies of infections.

Published 25 Sep, 2020 01:46am

Business & Finance

Saudi govt grants special permission to PIA, as aqama deadline nears

With an increase in the number of flights PIA will be able to transport 25,500 passengers from Pakistan before the 30th of this month which is the deadline for many ensuring their presence in the kingdom.

Published 24 Sep, 2020 04:38pm

World

In U.N. debut, Saudi king calls for comprehensive solution on Iran

King Salman says Iran has exploited a 2015 nuclear deal with world powers "to intensify its expansionist activities

Published 23 Sep, 2020 07:30pm

Business & Finance

PIA commences flight operations to Saudi Arabia from today

Due to the coronavirus pandemic, Saudi Aviation has limited PIA to 13 weekly flights.

Published 22 Sep, 2020 10:50am

Business & Finance

PIA tickets become scarce as Saudi Arabia ease down travel restrictions

As per details, PIA started booking from September 15, but passengers are facing problems as the reservation department has very few tickets.

Published 19 Sep, 2020 03:20pm

Business & Finance

As travel restrictions ease, PIA decides to increase flights to Saudi Arabia

Just days ago, the Kingdom of Saudi Arabia has announced the lifting of travel restrictions from January 1, while those in certain categories will be allowed to travel from September 15, as the coronavirus pandemic weaken.

Published 17 Sep, 2020 04:46pm

Business & Finance

KSA announce to lift travel restrictions from Jan 1st

The Saudi Interior Ministry has said that airports, ports, and border checkpoints will be opened from January 1, 2021.

Published 14 Sep, 2020 11:40am

Saudi to ease international flight restrictions from September 15

Saudi Arabia suspended international flights in March, leaving many citizens and residents stranded overseas.

Published 14 Sep, 2020 12:02am

Markets

Saudi Arabia slashes oil prices as demand weakens

The move was initiated by industry giant Saudi Arabia which is cutting prices for October shipments in an effort to support market demand for both its Asian and American customers.

Published 09 Sep, 2020 11:11am

Saudi court awards 20-year jail term to eight people in Khashoggi murder case

The court halted death sentence of five accused after Khashoggi's sons "pardoned" the killers

Published 07 Sep, 2020 07:47pm

Saudi Arabia eager to achieve fair solution to Palestine issue, King Salman tells Trump

King Salman says Palestinian issue should be resolved based on the Arab Peace Initiative proposed by the kingdom in 2002

Published 07 Sep, 2020 02:40pm

Markets

Saudi allows overflights by UAE services to 'all countries'

KSA said it will not follow UAE in establishing diplomatic ties with Israel.

Published 02 Sep, 2020 05:57pm

Saudi King sacks two royals over corruption charges

Commander of the Joint Forces of the Saudi-led coalition fighting in Yemen Fahad bin Turki bin Abdulaziz and Deputy Governor of Al-Jouf Region Abdulaziz bin Fahad bin Turki bin Abdulaziz were relieved of their duties and put under investigation

Published 01 Sep, 2020 04:13pm

Saudi FM says no ties with Israel until peace with Palestinians

Prince Faisal says peace must be achieved with the Palestinians on the basis of international agreements as a pre-condition for any normalisation of relations

Published 19 Aug, 2020 09:37pm

Relations with Saudi Arabia very good: PM says they are constantly in touch

“The rumours that our relations with Saudi Arabia have soured are totally false,” PM said.

Published 19 Aug, 2020 04:24pm

Gainers
Losers
Leaders

Stock	Price
Hascol Petroleum / Aug 2 Hascol Petroleum Limited(HASCOL)	7.32 ▲ 1.00 (15.82%)
Tri-Star / Aug 2 Tri-Star Mutual Fund Limited(TSMF)	7.80 ▲ 1.00 (14.71%)
Hussain Ind. / Aug 2 Husein Industries Limited(HUSI)	8.35 ▲ 0.95 (12.84%)
Ist Paramount / Aug 2 First Paramount Modaraba(FPRM)	8.73 ▲ 0.93 (11.92%)
Dost Steel / Aug 2 Dost Steels Limited(DSL)	5.34 ▲ 0.56 (11.72%)
First Pak Modaraba / Aug 2 First Pak Modaraba(PAKMI)	5.45 ▲ 0.56 (11.45%)
First Prud Mod. / Aug 2 First Prudential Modaraba(PMI)	3.20 ▲ 0.29 (9.97%)
First National Equities / Aug 2 First National Equities Limited(FNEL)	8.94 ▲ 0.64 (7.71%)
J.A.Textile / Aug 2 J.A. Textile Mills Limited(JATM)	14.31 ▲ 1.00 (7.51%)
AKD Hospitality / Aug 2 AKD Hospitality Limited(AKDHL)	423.70 ▲ 29.56 (7.50%)

Stock	Price
Arpak Int. / Aug 2 Arpak International Investments Ltd.(ARPAK)	80.56 ▲ -6.53 (-7.50%)
Olympia Mills / Aug 2 Olympia Mills Limited(OML)	22.57 ▲ -1.83 (-7.50%)
Gatron Ind. / Aug 2 Gatron (Industries) Limited(GATI)	454.00 ▲ -36.01 (-7.35%)
Allied Rental Mod / Aug 2 Allied Rental Modaraba(ARM)	10.30 ▲ -0.79 (-7.12%)
Bawany Air / Aug 2 Bawany Air Products Limited(BAPL)	14.40 ▲ -1.10 (-7.10%)
TPL Ins. / Aug 2 TPL Insurance Limited(TPLI)	38.87 ▲ -2.97 (-7.10%)
Otsuka Pak / Aug 2 Otsuka Pakistan Limited(OTSU)	288.00 ▲ -21.09 (-6.82%)
Mehmood Tex / Aug 2 Mehmood Textile Mills Limited(MEHT)	470.00 ▲ -34.00 (-6.75%)
Noon Sug. / Aug 2 Noon Sugar Mills Limited(NONS)	63.01 ▲ -3.99 (-5.96%)
J. D. W. / Aug 2 JDW Sugar Mills Limited(JDWS)	226.00 ▲ -13.98 (-5.83%)

Stock	Volume
Worldcall / Aug 2 Worldcall Telecom Limited(WTL)	16,713,000 ▼ 0.00
Hum Network / Aug 2 Hum Network Limited(HUMNL)	15,973,500 ▼ 0.00
Byco Petroleum / Aug 2 Byco Petroleum Pakistan Limited(BYCO)	13,675,000 ▼ 0.00
Telecard Ltd. / Aug 2 Telecard Limited(TELE)	11,448,000 ▼ 0.00
Hascol Petroleum / Aug 2 Hascol Petroleum Limited(HASCOL)	10,568,084 ▼ 0.00
Engro Polymer / Aug 2 Engro Polymer & Chemicals Limited(EPCL)	9,714,000 ▼ 0.00
Unity Foods / Aug 2 Unity Foods Limited(UNITY)	7,851,092 ▼ 0.00
Avanceon Ltd / Aug 2 Avanceon Limited(AVN)	7,043,500 ▼ 0.00
Silkbank / Aug 2 Silkbank Limited(SILK)	5,962,000 ▼ 0.00
Pak Int.Bulk Ter / Aug 2 Pakistan International Bulk Terminal Limited(PIBTL)	5,855,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 30	162.00
USD PKR Interbank Buying / Jul 30	161.90
USD to Japanese Yen / Jul 30	109.46
USD to Swiss Franc / Jul 30	0.91
Pound Sterling to USD / Jul 30	1.40
Euro to USD / Jul 30	1.19
UK LIBOR % / Jul 30	0.08

Stock	Volume
S&P 500 / Jul 30	4419.15
India Sensex / Jul 30	52653.07
Tokyo Nikkei / Jul 30	27609.96
Nasdaq / Jul 30	14778.26
Hang Seng / Jul 30	26315.32
FTSE 100 / Jul 30	7078.42
Dow Jones / Jul 30	35084.53
Germany DAX 30 / Jul 30	15640.47
France CAC40 / Jul 30	6633.77

Item	Value
Crude Oil / Jul 30	73.37
Karachi Cotton Assoc. / Jul 30	13080.00
Gold 10 Grams / Jul 30	94740.00
Gold Spot / Jul 30	1828.74
Cotton / Jul 30	90.31

Saudi Arabia

Saudi Arabia plans to end the decade old ‘kafala’ system

PIA to bolster flights to KSA amid Umrah resumption

Pakistan to start accepting Umrah applications from Nov 1

Saudi Arabia to resume Umrah for international pilgrims from Nov 1

Saudi Arabia inks strategic pacts with three IT giants on artificial intelligence

Saudi arabia becomes first country in Arab world to issue scientific papers on COVID-19

Saudi Arabia restructures top religious, advisory bodies

Pompeo urges Saudi Arabia to consider normalizing relations with Israel

KSA, UAE remain Pakistan’s top remittance destinations

Saudi Arabia resumes Umrah pilgrimage after seven months

KSA Civil Aviation issues new rules for Pakistani and other international travelers

PIA repatriates over 27,000 Pakistanis to Saudi Arabia

Saudi Arabia says it busted terrorist cell trained by Iran's Revolutionary Guards

Saudi Arabia sends world’s first shipment of Blue Ammonia to Japan

KSA allows entry of Pakistani travelers with valid visas

Saudi Arabia suspends India flights due to coronavirus

Saudi govt grants special permission to PIA, as aqama deadline nears

In U.N. debut, Saudi king calls for comprehensive solution on Iran

PIA commences flight operations to Saudi Arabia from today

PIA tickets become scarce as Saudi Arabia ease down travel restrictions

As travel restrictions ease, PIA decides to increase flights to Saudi Arabia

KSA announce to lift travel restrictions from Jan 1st

Saudi to ease international flight restrictions from September 15

Saudi Arabia slashes oil prices as demand weakens

Saudi court awards 20-year jail term to eight people in Khashoggi murder case

Saudi Arabia eager to achieve fair solution to Palestine issue, King Salman tells Trump

Saudi allows overflights by UAE services to 'all countries'

Saudi King sacks two royals over corruption charges

Saudi FM says no ties with Israel until peace with Palestinians

Relations with Saudi Arabia very good: PM says they are constantly in touch

Most Popular Articles

Pakistan eyes to enter $90bn gaming industry with upcoming program

Chughtai Lab and Pfizer Partner to establish Vaccination Centers across Pakistan

Pakistan sees 'light at the end of the tunnel’ as domestic activity indicators pickup: Baqir

MPCL enters into JV Agreement for Potential Mining Projects in Balochistan

Pakistan’s First Ever Motorsports Arena to be Build in KPK