Trends - Saudi Arabia - Business Recorder

Saudi Arabia

Iran confirms Saudi talks, says 'too soon' to discuss results

The purpose of the talks was both bilateral and regional, Iran's foreign ministry spokesman said.

Published 10 May, 2021 04:01pm

Pakistan

Government confirms release of another 1100 Pakistani prisoners from Saudi jails

Pakistan's Interior Minister says Saudi Arabia has also agreed to release Pakistanis imprisoned for serious crimes as the inmates have already served a large part of their sentence
At least 30 Pakistanis imprisoned for murder and drug offenses in Saudi jails cannot be released: Rashid

Updated 10 May, 2021 04:38pm

KSA to organise Hajj under special conditions

DUBAI: Saudi Arabia will organize the pilgrimage to Makkah this year, but under special conditions to guard against...

Updated 10 May, 2021 10:22am

Pakistan

PM's Saudi Arabia visit is of key significance in view of regional developments: Qureshi

FM says the newly established Saudi-Pakistan Supreme Coordination Council will provide the opportunity for both the countries to further strengthen their economic and security cooperation in an institutionalized manner
There always have been detractors to disturb Pak-Saudi relations, but they have failed in the past: Qureshi

Updated 09 May, 2021 01:11pm

World

Saudi and UAE condemn Israel over Palestinian clashes at Al-Aqsa

Israeli police fired rubber bullets and stun grenades towards rock-hurling Palestinian youth at Jerusalem's Al-Aqsa mosque late on Friday.
The clashes at Islam's third holiest site and around East Jerusalem, which injured 205 Palestinians and 17 police officers, came amid mounting anger over the planned evictions.

Published 08 May, 2021 05:55pm

World

Shah Mahmood Qureshi invites Saudi Foreign Minister to visit Pakistan

The two dignitaries agreed to work towards strengthening cordial relations between the two countries.
They reviewed every aspect of bilateral relations, discussing ways to enhance cooperation in diverse areas including trade, investment, infrastructure, energy, tourism, and manpower.

Published 08 May, 2021 05:01pm

World

Saudi Arabia formally acknowledges talks with Iran

On Friday, a Saudi Foreign Ministry official stated that talks between the Kingdom and Iran were aimed to reduce regional tensions, adding that Riyadh wants to see "verifiable deeds".
Sources have reported that the discussions remain focused on the dispute in Yemen and the 2015 Iran Nuclear Deal, with Iraq hosting more than one round of talks.

Updated 08 May, 2021 06:01pm

MBS receives PM

KARACHI: Prime Minister Imran Khan on Friday landed in Jeddah on an important three-day official visit to Saudi...

Published 08 May, 2021 03:30am

Pakistan

Prime Minister Imran Khan embarks on a three-day visit to Saudi Arabia

The Prime Minister is accompanied by a delegation comprising senior ministers, and other members of his cabinet.
The two sides are expected to sign a number of bilateral agreements and memorandums of understanding (MoUs), mostly focused on the Saudi Green, the Middle East Initiative, and the Clean and Green Pakistan Movement.

Updated 07 May, 2021 08:11pm

World

COAS meets crown prince, says Pakistan resolute in its commitment to safeguard sovereignty of KSA

"Pakistan is resolute in its commitment to safeguard the sovereignty and territorial integrity of KSA and defence of the two Holy Mosques," the COAS said.
Crown prince said that both nations will continue to play their part for peace, stability and betterment of Muslim Ummah.

Published 07 May, 2021 02:02pm

Pakistan

PM Khan to leave on three-day official visit to Saudi Arabia today

During the visit, the PM will hold discussions with the Saudi leadership on key issues including economic, trade, investment, energy and job opportunities for the Pakistani workforce
A number of bilateral agreements and MoUs are expected to be signed during PM Imran's visit

Published 07 May, 2021 12:38pm

Saudi Arabia to extend $500m long-term concessional loan

ISLAMABAD: Saudi Arabia is to extend long-term concessional loan of $ 500 million (Saudi Riyal, 1.875 billion) to...

Published 07 May, 2021 04:35am

Diplomats take great exception to PM’s remarks

ISLAMABAD: Diplomats both serving and retired have termed Prime Minister Imran Khan’s telling-off of country’s...

Published 07 May, 2021 04:35am

Pakistan

PM Imran Khan to visit Saudi Arabia tomorrow

"PM Khan will also meet the Secretary-General of the Organization of Islamic Cooperation (OIC)," FO said.
A number of bilateral agreements/MoUs are expected to be signed during the premier's visit.

Published 06 May, 2021 01:05pm

World

Saudi walks diplomatic high wire on Iran, Yemen

Some analysts warn hopes that talks with Iran will help the kingdom achieve that objective could be misplaced.

Published 06 May, 2021 11:16am

Saudi Arabia considers barring overseas Hajj pilgrims for second year

DUBAI: Saudi Arabia is considering barring overseas pilgrims from the annual Hajj for the second year running as...

Updated 06 May, 2021 10:20am

PM Imran Khan addresses Pakistani envoys after probe launched against envoy to KSA

The Pakistani Ambassador to Riyadh, Raja Ali Ejaz, and his staff were called back over the mistreatment of the Pakistani expat community by the envoy's staff.

The Foreign Office said in a statement that foreign embassies, high commissions, and consulates have been directed to extend maximum facilitation within their respective jurisdictions.

Published 05 May, 2021 09:39pm

Pakistan

PM to leave for Saudi Arabia on Friday: Ashrafi

Ashrafi said that relationship between Saudi Arabia and Pakistan was like a body and soul.

Published 05 May, 2021 04:58pm

World

Saudi Arabia to lift travel curbs on ‘immunised’ citizens

RIYADH: Saudi Arabia will permit citizens immunised against Covid-19 to travel abroad from May 17, the interior...

Published 03 May, 2021 04:39am

Pakistan

Saudi Arabia to build King Salman Bin Abdul Aziz mosque at IIUI

ISLAMABAD: President International Islamic University Islamabad (IIUI), Dr Hathal Homoud Alotaibi, said custodian of...

Published 03 May, 2021 04:39am

World

MoFA recalls Ambassador to Saudi Arabia and six others over alleged corruption charges

On Thursday, the Foreign Office of Pakistan announced that it will be formally recalling the country's Ambassador to Saudi Arabia, Raja Ali Ejaz and six others with an inquiry to be conducted in the foreseeable future.
Prime Minister Imran Khan announced on Thursday that a high-powered investigation has been launched against against Pakistan's Ambassador to Saudi Arabia for "not taking care of the labourers".

Updated 29 Apr, 2021 04:09pm

Pakistan

PM welcomes Saudi Arabia peace initiative with Iran, says it will strengthen Muslim Ummah

"Iran is a neighbouring country, and all we aspire for is a good and special relationship with Iran,” Saudi Arabia's Crown Prince Mohammed bin Salman said.
"We welcome the KSA initiative for peace with Iran. Iran is our neighbour and KSA our closest friend," PM tweeted.

Published 29 Apr, 2021 10:24am

Business & Finance

Hammad says perfect time to invest in Pakistan’s oil refining sector

The federal minister said that the government is bringing a policy to facilitate potential investors in this regard.

Published 27 Apr, 2021 02:27pm

Pakistan

Pak-Saudi collaboration for replicating 10BTTP in KSA to open opportunities: Amin

The SAPM informed that the draft framework would be presented before the federal cabinet for the final go-ahead to kick start the initiative.

Published 25 Apr, 2021 06:08pm

Pakistan

After Canada, Saudi Arabia bans flights from Pakistan over coronavirus fears

Earlier, Oman and UK had also banned arrivals from Pakistan.
5,908 new cases and 157 deaths were reported during the last 24 hours in Pakistan.

Published 24 Apr, 2021 11:10am

Pakistan

Pakistan highly values ties with Saudi Arabia: President

President Alvi asked the ambassador-designate to make all out efforts towards the exchange of high-level visits between the two countries.

Published 22 Apr, 2021 05:54pm

World

China, Middle East dominate executions in 2020: Report

While 2020 saw an overall decline in the number of global death penalties, some countries increased the number of executions they carried out.
China is believed to be "the world's most prolific executioner", with Chinese authorities classifying the total number of death sentences and executions as state secrets, making them difficult to verify.

Updated 21 Apr, 2021 03:53pm

Pakistan

Afridi, Envoy vow to take Pakistan, Saudi friendship to new highs

Shehryar lauded the role played by the Kingdom of Saudi Arabia in taking care of the Pakistanis living in Saudi Arabia in this age of pandemic.

Published 20 Apr, 2021 05:33pm

Markets

Saudi inflation rate eases further in March to 4.9%

Annual inflation was 3.4% in 2020, picking up in the second half of the year after the VAT hike. The first half had seen mild inflation, following a deflationary trend in 2019, when the annual rate was -2.1%.

Published 15 Apr, 2021 12:04pm

Pakistan

Saudi Arabia gifts 100 tonnes of dates to Pakistan

Saudi Ambassador to Pakistan, Nawaf bin Said Al-Malki handed over the consignment to the Cabinet Division.
The move is aimed at resetting ties with Islamabad after last year’s spat.

Published 14 Apr, 2021 04:22pm

Gainers
Losers
Leaders

Stock	Price
786 Investments / Jul 28 786 Investments Limited(786)	10.22 ▼ 0.00 (0.00%)
AL- Abbas / Jul 28 Al-Abbas Sugar Mills Limited(AABS)	349.90 ▼ 0.00 (0.00%)
Agro Allianz / Jul 28 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 28 Allied Bank Limited(ABL)	73.00 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 28 Abbott Laboratories (Pakistan) Limited(ABOT)	772.00 ▼ 0.00 (0.00%)
Abson Ind. / Jul 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Jul 28 Attock Cement Pakistan Limited(ACPL)	178.11 ▼ 0.00 (0.00%)
Adam Sugar / Jul 28 Adam Sugar Mills Limited(ADAMS)	34.85 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / Jul 28 786 Investments Limited(786)	10.22 ▼ 0.00 (0.00%)
AL- Abbas / Jul 28 Al-Abbas Sugar Mills Limited(AABS)	349.90 ▼ 0.00 (0.00%)
Agro Allianz / Jul 28 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 28 Allied Bank Limited(ABL)	73.00 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 28 Abbott Laboratories (Pakistan) Limited(ABOT)	772.00 ▼ 0.00 (0.00%)
Abson Ind. / Jul 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Jul 28 Attock Cement Pakistan Limited(ACPL)	178.11 ▼ 0.00 (0.00%)
Adam Sugar / Jul 28 Adam Sugar Mills Limited(ADAMS)	34.85 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 27	161.40
USD PKR Interbank Buying / Jul 27	161.30
USD to Japanese Yen / Jul 27	109.78
USD to Swiss Franc / Jul 27	0.91
Pound Sterling to USD / Jul 27	1.39
Euro to USD / Jul 27	1.18
UK LIBOR % / Jul 27	0.08

Stock	Volume
S&P 500 / Jul 27	4401.46
India Sensex / Jul 27	52578.76
Tokyo Nikkei / Jul 27	27970.22
Nasdaq / Jul 27	14660.58
Hang Seng / Jul 27	25086.43
FTSE 100 / Jul 27	6996.08
Dow Jones / Jul 27	35058.52
Germany DAX 30 / Jul 27	15519.13
France CAC40 / Jul 27	6531.92

Item	Value
Crude Oil / Jul 27	71.99
Karachi Cotton Assoc. / Jul 27	12880.00
Gold 10 Grams / Jul 27	94050.00
Gold Spot / Jul 27	1800.37
Cotton / Jul 27	90.23

Saudi Arabia

Iran confirms Saudi talks, says 'too soon' to discuss results

Government confirms release of another 1100 Pakistani prisoners from Saudi jails

KSA to organise Hajj under special conditions

PM's Saudi Arabia visit is of key significance in view of regional developments: Qureshi

Saudi and UAE condemn Israel over Palestinian clashes at Al-Aqsa

Shah Mahmood Qureshi invites Saudi Foreign Minister to visit Pakistan

Saudi Arabia formally acknowledges talks with Iran

MBS receives PM

Prime Minister Imran Khan embarks on a three-day visit to Saudi Arabia

COAS meets crown prince, says Pakistan resolute in its commitment to safeguard sovereignty of KSA

PM Khan to leave on three-day official visit to Saudi Arabia today

Saudi Arabia to extend $500m long-term concessional loan

Diplomats take great exception to PM’s remarks

PM Imran Khan to visit Saudi Arabia tomorrow

Saudi walks diplomatic high wire on Iran, Yemen

Saudi Arabia considers barring overseas Hajj pilgrims for second year

PM Imran Khan addresses Pakistani envoys after probe launched against envoy to KSA

PM to leave for Saudi Arabia on Friday: Ashrafi

Saudi Arabia to lift travel curbs on ‘immunised’ citizens

Saudi Arabia to build King Salman Bin Abdul Aziz mosque at IIUI

MoFA recalls Ambassador to Saudi Arabia and six others over alleged corruption charges

PM welcomes Saudi Arabia peace initiative with Iran, says it will strengthen Muslim Ummah

Hammad says perfect time to invest in Pakistan’s oil refining sector

Pak-Saudi collaboration for replicating 10BTTP in KSA to open opportunities: Amin

After Canada, Saudi Arabia bans flights from Pakistan over coronavirus fears

Pakistan highly values ties with Saudi Arabia: President

China, Middle East dominate executions in 2020: Report

Afridi, Envoy vow to take Pakistan, Saudi friendship to new highs

Saudi inflation rate eases further in March to 4.9%

Saudi Arabia gifts 100 tonnes of dates to Pakistan

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