Trends - Saudi Arabia - Business Recorder

Saudi Arabia

Pakistan condemns Houthi militants’ drone attacks on Saudi Arabia's Abha airport

"Pakistan reiterates its full support and solidarity with the Kingdom of Saudi Arabia against any threats to its security and territorial integrity," FO added.
Houthi military spokesman Yahya Sarea said that four Houthi drones were used in the attack.

Published 11 Feb, 2021 11:11am

Plane ablaze in Huthi drone attack on Saudi airport

RIYADH: A civilian plane was engulfed in flames Wednesday after Yemen's Huthi rebels launched a drone strike on an...

Published 11 Feb, 2021 04:34am

World

Qatar minister meets new Saudi envoy as ties restored

"During the meeting, they reviewed bilateral cooperation and relations... in addition to issues of common interest."

Published 10 Feb, 2021 04:55pm

Pakistan

COVID jab mandatory for pilgrims intending to perform Hajj

An estimated 200,000 people from Pakistan will go for the religious obligation this year
The pilgrims going for Hajj from all over the world will be vaccinated against coronavirus in their own countries

Published 08 Feb, 2021 11:02am

World

Saudi says intercepted armed drone launched by Yemen rebels

The incident was not immediately claimed by the Iran-backed Huthis.

Published 07 Feb, 2021 06:36pm

World

Saudi-led coalition says intercepted Houthi armed drone attack

The bomb-laden unmanned aerial vehicle aimed to target "civilians and civilian objects", coalition spokesman Colonel Turki al-Malki said in a statement carried on Saudi state media.

Published 07 Feb, 2021 12:23pm

World

Blinken in first phone call with Saudi counterpart

RIYADH: US Secretary of State Antony Blinken discussed "common challenges" faced by Washington and Riyadh in his...

Updated 07 Feb, 2021 10:05am

World

Saudi renews support for Yemen political solution after Biden speech

Saudi Arabia has come under repeated missile or drone attacks from Huthi rebels in neighbouring Yemen.

Published 05 Feb, 2021 10:29am

Business & Finance

Saudis Oil Prices discriminate between US, Europe and Asia

Saudi Arabia leaves oil pricing unchanged for its main markets in Asia in March, while raising it for markets in the United States and Europe.

Updated 04 Feb, 2021 04:13pm

Pakistan

Saudi Arabia suspends entry from Pakistan, 19 other countries from today

The kingdom has suspended entry from 20 countries with the exception of diplomats, Saudi citizens, medical practitioners, and their families.
The temporary ban, effective from today, applies to passengers who transited through any of the 20 countries.

Published 03 Feb, 2021 10:41am

Markets

Oil prices extend rally as producers restrain output

However, energy giant BP flagged a difficult start to 2021 amid declining product demand, noting that January retail volumes were down by around 20% year on year, compared with a decline of 11% in the fourth quarter.

Published 02 Feb, 2021 03:28pm

Business & Finance

Fitch revises Pakistan’s real growth at 1.1pc amid strong external demand

Fitch states that a very likely rebound in the global economy along with a global vaccine rollout will also bode well for exports which will in turn feed into private consumption through better employment prospects in export related sectors.

Published 01 Feb, 2021 01:47pm

Markets

Oil treads warily higher amid patchy vaccine rollouts, new coronavirus variants

"Europe and Latin America will lag, largely a reflection of softer economic recovery in key markets in these regions," it said.

Published 01 Feb, 2021 12:16pm

Pakistan

PIA issues new travel advisory for Saudi Arabia passengers

The PIA administrations has directed staff to distribute the health declaration form onboard the flight to all passengers arriving at the kingdom with immediate effect.
General Authority of Civil Aviation (GACA) updated its health disclaimer form for all airlines operating in Saudi Arabia amid the second wave of COVID-19 pandemic.

Updated 30 Jan, 2021 05:08pm

World

Italy makes permanent arms sale freeze to Saudi Arabia

ROME: Italy on Friday revoked approval for arms sales to Saudi Arabia and the United Arab Emirates over the conflict...

Published 30 Jan, 2021 03:55am

Pakistan

Saudi prince arrives in Pakistan to hunt houbara bustards

The governor of Saudi Arabia’s Tabuk region has arrived in Pakistan for three weeks for hunting houbara bustard in Dalbandin, Balochistan.
According to authorities, a camp city has been set up for the visiting prince in Dalbandin, where he will hunt the endangered birds.

Published 28 Jan, 2021 11:51am

Markets

Saudi Arabia raises $5bn via dual-tranche bonds

The kingdom on Tuesday sold $2.75 billion in 12-year bonds at 130 basis points (bps) over 10-year US Treasuries and $2.25 billion in 40-year notes at 3.45%.
It drew more than $13 billion in orders for the 12-year bonds and over $9 billion in orders for the 40-year paper.

Updated 27 Jan, 2021 11:23pm

Business & Finance

Saudi Arabia hosts 'Davos in Desert' amid pandemic

But the following year, the fallout over journalist Jamal Khashoggi's murder by Saudi agents in Istanbul prompted a wave of business and political leaders to pull out of the glitzy conference at the last minute.

Published 27 Jan, 2021 12:17pm

Markets

Saudi Arabia tightens guidance for dual-tranche bonds, orders top $18bn

t received over $18 billion in orders for the debt sale, with a skew towards the 12-year tranche.
It tightened the 12-year tranche by 25 bps and the 40-year tranche by 20 bps from initial price guidance.

Published 26 Jan, 2021 08:52pm

World

Saudi Arabia in talks with vaccine companies to provide vaccines to Yemen, Africa

We are negotiating with a lot of the vaccination companies to provide more vaccination particularly to low income countries

Published 26 Jan, 2021 01:58pm

World

Indonesia seizes Iranian and Panamanian tankers

Iran has previously been accused of trying to conceal its oil sales to avoid crippling US sanctions.

Published 25 Jan, 2021 11:24am

Markets

Oil prices fall for 2nd session as COVID-19 lockdown concerns cast pall over demand prospects

Iran's oil minister said on Friday the country's oil exports have climbed in recent months and its sales of petroleum products to foreign buyers reached record highs despite US sanctions.

Published 25 Jan, 2021 10:44am

World

Saudi-led forces thwart air attack on Riyadh: Saudi TV

The alliance intervened in Yemen in 2015 after the Houthis ousted the internationally recognised government from power in the capital.

Published 24 Jan, 2021 06:54pm

World

Saudi Arabia expects 'excellent relations' with Biden administration

I am optimistic. Saudi Arabia has built solid, historical relations where it worked with different administrations.
We will continue to do that as well with President Biden," Prince Faisal bin Farhan Al Saud said.

Published 23 Jan, 2021 05:33pm

Pakistan

UN adopts resolution sponsored by Pakistan, OIC countries on protection of holy sites

It condemns offences against religious sites and also denounces any move to obliterate or forcibly convert any religious sites.
Pakistan will continue to play a leading role in denouncing violent attacks on religious sites, Munir Akram said.

Published 22 Jan, 2021 01:35pm

World

Pakistan’s religion ministry proposes expansion of ‘Road to Makkah’ project

Pakistan's Ministry of Religious Affairs presented a summary to the Economic Coordination Committee, to scale up the Road to Makkah project.
Under the Road to Makkah Project, initiated by Saudi Arabia, all the immigration requirements of pilgrims would be sorted out at the airport of origin.

Published 21 Jan, 2021 02:17pm

Markets

Saudi Arabia pips Russia to be China’s biggest oil supplier in 2020

BEIJING/SINGAPORE: Saudi Arabia, the world’s biggest oil exporter, beat Russia to keep its ranking as China’s ...

Published 21 Jan, 2021 04:23am

Markets

Saudi Arabia beats Russia in tight race for China oil supply, US imports soar

Saudi Arabia has played catch up as a supplier since November with steep cuts in prices to woo customers, overtaking Russia, which had led for most of 2020 with more flexible logistics and geographical proximity to Chinese refiners.

Published 20 Jan, 2021 10:57am

Markets

China drew on crude oil inventories in December, unlikely to become a trend: Russell

Certainly, the start of the new year and with it the new crude import permits is likely to see January imports recover strongly from December's soft outcome.

Published 19 Jan, 2021 11:20am

S Arabia reports sharp drop in executions

RIYADH: Saudi Arabia on Monday reported a sharp drop in executions in 2020, as the kingdom seeks to blunt...

Published 19 Jan, 2021 04:22am

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

Pakistan condemns Houthi militants’ drone attacks on Saudi Arabia's Abha airport

Plane ablaze in Huthi drone attack on Saudi airport

Qatar minister meets new Saudi envoy as ties restored

COVID jab mandatory for pilgrims intending to perform Hajj

Saudi says intercepted armed drone launched by Yemen rebels

Saudi-led coalition says intercepted Houthi armed drone attack

Blinken in first phone call with Saudi counterpart

Saudi renews support for Yemen political solution after Biden speech

Saudis Oil Prices discriminate between US, Europe and Asia

Saudi Arabia suspends entry from Pakistan, 19 other countries from today

Oil prices extend rally as producers restrain output

Fitch revises Pakistan’s real growth at 1.1pc amid strong external demand

Oil treads warily higher amid patchy vaccine rollouts, new coronavirus variants

PIA issues new travel advisory for Saudi Arabia passengers

Italy makes permanent arms sale freeze to Saudi Arabia

Saudi prince arrives in Pakistan to hunt houbara bustards

Saudi Arabia raises $5bn via dual-tranche bonds

Saudi Arabia hosts 'Davos in Desert' amid pandemic

Saudi Arabia tightens guidance for dual-tranche bonds, orders top $18bn

Saudi Arabia in talks with vaccine companies to provide vaccines to Yemen, Africa

Indonesia seizes Iranian and Panamanian tankers

Oil prices fall for 2nd session as COVID-19 lockdown concerns cast pall over demand prospects

Saudi-led forces thwart air attack on Riyadh: Saudi TV

Saudi Arabia expects 'excellent relations' with Biden administration

UN adopts resolution sponsored by Pakistan, OIC countries on protection of holy sites

Pakistan’s religion ministry proposes expansion of ‘Road to Makkah’ project

Saudi Arabia pips Russia to be China’s biggest oil supplier in 2020

Saudi Arabia beats Russia in tight race for China oil supply, US imports soar

China drew on crude oil inventories in December, unlikely to become a trend: Russell

S Arabia reports sharp drop in executions

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