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uae

World’s tallest building engulfed as Mideast sandstorms hit UAE

DUBAI: The world’s tallest building disappeared behind a grey layer of dust on Wednesday as sandstorms that have...

Published 19 May, 2022 05:29am

World

World's tallest building engulfed as Mideast sandstorms hit UAE

DUBAI: The world's tallest building disappeared behind a grey layer of dust on Wednesday as sandstorms that have...

Published 18 May, 2022 06:51pm

Markets

UAE’s Fujairah marine fuel sales drop in April

SINGAPORE: Sales of marine fuel in the United Arab Emirates’ Fujairah marine refuelling and oil storage hub dropped...

Published 18 May, 2022 10:30am

World

Iran’s foreign minister makes rare visit to UAE to pay respects

DUBAI: Iran’s top diplomat has travelled to the United Arab Emirates (UAE)on Monday to pay his respects after the...

Published 17 May, 2022 06:29am

World

Saudi denies NEOM megacity will be ‘country within a country’

RIYADH: Saudi Arabia on Monday rejected claims that its planned futuristic megacity known as NEOM will have...

Published 16 May, 2022 08:30pm

World

Iran’s foreign minister to visit UAE on Monday

DUBAI: Iran’s top diplomat is expected to visit the United Arab Emirates on Monday, the Iranian foreign ministry...

Published 16 May, 2022 01:02pm

World

World leaders pay respects in UAE after death of pro-West president

DUBAI: World leaders began descending on the United Arab Emirates on Sunday to offer condolences on the death of...

Published 15 May, 2022 02:24pm

World

Mohamed bin Zayed, from power behind throne to UAE ruler

ABU DHABI: Sheikh Mohamed bin Zayed Al Nahyan, who was elected as UAE president on Saturday, has long been seen as a...

Published 14 May, 2022 04:15pm

Pakistan

PM Shehbaz to visit UAE after death of country's president

He will offer his condolence to the Crown Prince of UAE Sheikh Mohamed bin Zayed Al Nahyan

Published 14 May, 2022 11:26am

World

UAE president Sheikh Khalifa bin Zayed dies

DUBAI: United Arab Emirates President Sheikh Khalifa Bin Zayed Al Nahyan has died, the Ministry of Presidential...

Updated 13 May, 2022 07:54pm

Business & Finance

Dubai's prime residential properties have seen a price-surge of nearly 60% in 12 months

Emirate has also seen record-breaking 93 ‘ultra-prime home’ sales in 2021

Updated 11 May, 2022 10:43pm

Markets

UAE to reveal identities of stock market rules violators

DUBAI: The United Arab Emirates will reveal the identities of violators of stock market rules, vice president and...

Published 10 May, 2022 06:20am

Business & Finance

UAE to introduce unemployment insurance

DUBAI: The United Arab Emirates will introduce a form of unemployment insurance, the cabinet said on Monday, the...

Published 10 May, 2022 05:10am

Business & Finance

Emirates A380 planes pay homage to Dubai’s Museum of the Future

The first Emirates A380 to sport the new livery was set to fly to Los Angeles, US on May 5

Published 06 May, 2022 01:00am

Business & Finance

Deliveroo suspends pay cut for UAE delivery riders after rare worker strike

DUBAI: Deliveroo has suspended plans that would cut rider earnings in the United Arab Emirates after a rare strike ...

Published 03 May, 2022 03:47am

UAE team due today: PM highlights criticality of FDI

LAHORE: Prime Minister Shehbaz Sharif said on Monday that for uplift of country’s economy it was highly important...

Updated 03 May, 2022 03:04pm

OPEC oil output in April barely rises as African outages weigh: survey

LONDON: The increase in OPEC’s oil output in April undershot the rise planned under a deal with allies, a Reuters...

Updated 03 May, 2022 09:15am

Pakistan

Bilawal to spend Eid holidays in Dubai

DUBAI: Foreign Minister and Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari has extended his stay in...

Published 02 May, 2022 05:46am

World

UAE to send astronaut on six-month ISS mission

DUBAI: The United Arab Emirates announced Friday it will send an astronaut on a six-month mission to space, as it...

Published 30 Apr, 2022 07:17am

Technology

UAE vows ‘responsible’ artificial intelligence rollout

DUBAI: The world’s first minister for artificial intelligence says the United Arab Emirates isn’t only looking...

Published 28 Apr, 2022 05:37am

Markets

UAE proposes schedule for first local currency T-bonds

DUBAI: The United Arab Emirates will soon sell UAE proposes schedule for first local currency T-bonds denominated ...

Updated 20 Apr, 2022 08:43pm

World

UAE summons Israeli ambassador to protest against clashes in Al-Aqsa Mosque

CAIRO: The United Arab Emirates has summoned the Israeli ambassador to protest against clashes at Jerusalem’s...

Published 19 Apr, 2022 08:59pm

World

5-year tourist, job exploration visas: UAE offers more options, eases requirements

Also relaxes rules for its famous 'golden visa'

Published 19 Apr, 2022 04:43pm

Pakistan

PM Shehbaz wants to strengthen economic relations with UAE

UAE's Ambassador Hamad Obaid Ibrahim Salem Al-Zaabi calls on Pakistan prime minister

Updated 19 Apr, 2022 07:25pm

Remittances: $2.8bn record inflows received in March

KARACHI: Inflows of workers’ remittances maintained unprecedented growth surging to $ 23 billion in the first nine...

Published 15 Apr, 2022 05:29am

Business & Finance

UAE's IHC to invest $2bn in Adani Group's companies

DUBAI: International Holding Co has agreed to invest 7.3 billion dirhams ($2 billion) in three of Indian ...

Published 08 Apr, 2022 12:29pm

Technology

Dubai-based Qureos raises $3mn, announces launch of operations in Pakistan

Dubai-based edtech Qureos said on Wednesday that it has raised $3 million in a pre-seed round, announcing also the...

Published 08 Apr, 2022 03:33am

UAE defers $2bn debt payment on govt’s request

ISLAMABAD: The United Arab Emirates (UAE) deferred on Tuesday $2 billion debt payment that Pakistan was bound to...

Updated 06 Apr, 2022 03:46pm

Business & Finance

Israel and UAE agree ‘milestone’ free trade deal

OCCUPIED JERUSALEM: Israel and the United Arab Emirates said Friday they had agreed on the terms of a free trade...

Published 02 Apr, 2022 04:14am

Markets

UAE reaffirms OPEC+ commitment, says West must be ‘reasonable’

DUBAI: The United Arab Emirates on Monday urged Western countries to be “reasonable” in their expectations,...

Published 30 Mar, 2022 06:08am

Gainers
Losers
Leaders

Stock	Price
HBL Invest Fund / May 23 HBL Investment Fund(HIFA)	2.48 ▲ 0.29 (13.24%)
Khurshid Spinning / May 23 Khurshid Spinning Mills Limited(KHSM)	9.65 ▲ 1.00 (11.56%)
Dadex Eternit / May 23 Dadex Eternit Limited(DADX)	78.12 ▲ 5.45 (7.50%)
Imperial Limited / May 23 Imperial Limited(IML)	14.99 ▲ 1.04 (7.46%)
Bhanero Tex. / May 23 Bhanero Textile Mills Limited(BHAT)	1525.00 ▲ 102.45 (7.20%)
Cordoba Logistics / May 23 Cordoba Logistics & Ventures Limited(CLVL)	13.70 ▲ 0.90 (7.03%)
KASB Modaraba / May 23 KASB Modaraba(KASBM)	1.87 ▲ 0.12 (6.86%)
Bal. Wheel / May 23 Baluchistan Wheels Limited(BWHL)	78.34 ▲ 4.49 (6.08%)
Khairpur / May 23 Khairpur Sugar Mills Limited(KPUS)	52.80 ▲ 3.00 (6.02%)
Maqbool Tex. / May 23 Maqbool Textile Mills Limited(MQTM)	67.98 ▲ 3.86 (6.02%)

Stock	Price
First Pak Mod. / May 23 First Pak Modaraba(PAKMI)	2.60 ▲ -0.70 (-21.21%)
SME Leasing Ltd / May 23 SME Leasing Limited(SLL)	2.05 ▲ -0.40 (-16.33%)
Escorts Bank / May 23 Escorts Investment Bank Limited(ESBL)	5.90 ▲ -0.85 (-12.59%)
Bilal Fibres / May 23 Bilal Fibres Limited(BILF)	2.10 ▲ -0.30 (-12.50%)
PICIC Ins.Ltd. / May 23 PICIC Insurance Limited(PIL)	0.81 ▲ -0.09 (-10.00%)
TPL Trakker Ltd / May 23 TPL Trakker Limited(TPLT)	9.50 ▲ -1.00 (-9.52%)
D.S. Ind. Ltd. / May 23 D.S. Industries Limited(DSIL)	4.05 ▲ -0.40 (-8.99%)
Reliance Ins. / May 23 Reliance Insurance Company Limited(RICL)	5.20 ▲ -0.45 (-7.96%)
Ist.Dawood Bank / May 23 First Dawood Investment Bank Limited(FDIBL)	2.15 ▲ -0.18 (-7.73%)
Gatron Ind. / May 23 Gatron (Industries) Limited(GATI)	407.00 ▲ -32.99 (-7.50%)

Stock	Volume
Silk Bank Ltd / May 23 Silkbank Limited(SILK)	9,273,000 ▼ 0.00
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	7,406,500 ▼ 0.00
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	5,777,000 ▼ 0.00
Ghani Glo Hol / May 23 Ghani Global Holdings Limited(GGL)	5,667,799 ▼ 0.00
Cnergyico PK / May 23 Cnergyico PK Limited(CNERGY)	5,305,247 ▼ 0.00
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	4,784,282 ▼ 0.00
Maple Leaf / May 23 Maple Leaf Cement Factory Limited(MLCF)	3,973,860 ▼ 0.00
Pak Elektron / May 23 Pak Elektron Limited(PAEL)	3,775,000 ▼ 0.00
Hum Network / May 23 Hum Network Limited(HUMNL)	3,630,000 ▼ 0.00
Telecard Limited / May 23 Telecard Limited(TELE)	3,628,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	200.20
USD PKR Interbank Buying / May 20	199.80
USD to Japanese Yen / May 20	127.88
USD to Swiss Franc / May 20	0.97
Pound Sterling to USD / May 20	1.25
Euro to USD / May 20	1.06
UK LIBOR % / May 20	0.82

Stock	Volume
S&P 500 / May 20	3901.36
India Sensex / May 20	54326.39
Tokyo Nikkei / May 20	26739.03
Nasdaq / May 20	11354.62
Hang Seng / May 20	20717.24
FTSE 100 / May 20	7389.98
Dow Jones / May 20	31261.90
Germany DAX 30 / May 20	13981.91
France CAC40 / May 20	6285.24

Item	Value
Crude Oil / May 20	113.23
Karachi Cotton Assoc. / May 20	21180.00
Gold 10 Grams / May 20	115200.00
Gold Spot / May 20	1846.50
Cotton / May 20	125.18

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